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I know the launch was quite a failure on many accounts.

Do you mean they didn't have any products to show for?

Force of IOU comes up for sale!
For a while long tail.

That is what always happens at a coin launch. Everybody sells and takes some profit. The usual plan is sell as fast as you can, wait for everyone to see the drop and panic sell, then buy it back up before the first positive press hits.

MarketCap right now: $0 ...that's a big fat dump

  ·  9 years ago (edited)

Trolling/fudding 101:

  • [x] Put in a ridiculous buy order at launch
  • [x] Get a -99/100% on 24 hour change
  • [x] Ignore 3x ICO price
  • [x] Start fud
  • [ ] ........
  • [ ] Profit

i'm not very informed about Lisk crowdsale but it does makes sense if was released yesterday.
I would have sold mine if I want to profit the next day and then buy again once the price is much affordable. but they may not recover this time as there are lots of ICO going on and are better project than Lisk.

Such as?

Lisk has massive potential. All these retards talking about pump dump scam have no idea what they are saying. Wait it out. I have faith in Max and the team. Would not be surprised if LISK is 5 USD in the next short while. If not more. The project is great. Also many people missed out and did not what to pay above 5 or 6 for the coin they did not expect it to open that high. Therefore that could be one reason a group is attempting to "damage" the coin by blocking access to the web wallet so people dump who do have some on exchanges already and they can scoop some more up cheap because in the end of the day they know this will go back to above 1 USD.

I personally have no idea and don't know anything about it. I just went, look and posted the graph. Then I asked questions. Will not sell my steem for it but I hope this project can survive if it's good.

Lisk is a crypti clone with nothing new to offer.

What it has to offer, for better or for worse, is that it took a relatively unknown bit of software, and put more eyeballs on it.

Whether or not they deserve millions of dollars for that is up to question, but it seemed something drastic needed to be done or else Crypti would die a slow death.