Amazed by how LSK still holds the price so above the ICO.
I guess the big moves are yet to come...
"The DAOs contract code ... further research unveiled sloppy coding that should not be there in the first place. Sometimes, it is tough to believe this project raised US$150m, as this was a honeypot waiting to be emptied by the look of things."
http://themerkle.com/new-attack-against-the-dao-reveals-sloppy-coding-by-slock-it/"What started as an attempt to rescue investor funds in a high-profile project has resulted in a schism that has effectively split the community on the second-largest public blockchain."
http://www.coindesk.com/ethereum-classic-explained-blockchain/I do not believe the Ethereum project will survive much longer, he insisted. The internal dynamics are a mess, and people are beginning to worry about the legal implications of the code change. People are learning the truth, it seems.
https://www.cryptocoinsnews.com/source-ethereum-insiders-believe-dao-hack-inside-job/Lisk has an opening here.
Lisk's big moves are indeed yet to come...Lisk holds over 14,000 BTC (worth over $9,000,000) that have not even been touched yet to support code development. $9,000,000 as of *today*, but any word on the gGmbH? the value of BTC can be volatile.
Maybe they can touch it to give some support on the price... LSK should be trading at 100k or more but because of the slow progress people are selling. Going from one conference to an other conference doesn't help, start working, fun part should be finished.
Price doesn't need support ever... Why would devs even consider putting walls at a price much higher than ICO (imo, buy walls should never be placed, always ends up wrong) so people can dump their coins for 3 times profit payed by the same money the put in in the first place?
Buy wall askers are only short term thinkers and have no business in a project like this. For one, price held extremely well at 3x ico levels and development will start to deliver more in the following months. Let alone the fact that everything up till now has been done without any of the ico funds.
