Very hard to say that downtrend is broken although I would really love to see it rise! This H&S at the beginning is still bothering me… What is or what are other opinions, will market go bullish or bearish on LSK next week?
I’ve stopped paying attention to Lisk, more focused on bitcoin halving; maybe “halving” = alt coin price halving along with the bitcoin block reward.
No doubt its interesting (the project), but I think that the attention has waned, judging by trading volume diminishing rapidly.
Don’t you think halving is already included in this btc price? Is there anyone involved in btc community that is not waiting for halving to come?
My opinion is that people expect too much from halving. Only some news of mass adoption (like banks getting involved or some government) can hold price above ATH (if that happens these days). Without that, other exchanges are not filled enough with cash and am not sure that they can hold it for long time on ath prices…
I agree. I feel that this last pump was made mainly by chinese fleeing their almost devalueted yuan.
It’s a case of buy the rumor sell the fact, in my opinion.
Still holding my Lisk. Also, I’m seeing a negative correlation with Ethereum.
However, the feeling of half as many bitcoins in reward won’t be acquired until it happens; so halving could still impact participants after the fact…
Yes, but this movement will be diluted over time.
Funny.
Lisk appers to be an opposite trade to Ethereum.
Or strongly correlated with… bitcoin. I’ve never seen an altcoin positively correlated with BTC.
Correlation is gone, lucky me that sold at 72k satoshis
Lisk continuing to decline, especially during the issues on Ethereum, and the Dao… Lisk is up for crowdsale investors as it is still quite a substantial amount.
Listened to an interview of Max one of the founders of Lisk, so turns out Lisk uses a Proof of Stake Blockchain infrastructure for developers to launch a sidechain to use as a database.
Could you post link to that interview here?
What that means, that devs are going to have a PoS Blockchain infrastructure where all data about LSK transactions are going to be stored? With that Lisk could become first Cryptocurrency with two blockchains (DPoS and PoS)?