Lisk: "Rebrand/Relaunch" February 20th

in #cryptocurrency6 years ago (edited)

Hey everyone, I was doing some crypto research and came across this article and I wanted to share it with you (click to learn more)...

https://medium.com/@zacharydash/lisk-february-20th-the-future-of-blockchain-is-introduced-88107bccb749

This article is about the cryptocurrency known as Lisk. On February 20th, 2018 Lisk will be relaunching their company at the Westhafen Event & Convention Center in Germany. It is here that the team finally plans to unveil the new brand and the technology they have been working so hard on for the last few years. Hopefully, we will finally get to see if they are actually releasing their Software Development Kit AKA "SDK." The last time Lisk had a meetup like this was back in November, and it did not go well. The price plunged immediately, although it has recovered nicely since. Apparently there were delays on their SDK and a few Lisk Developers left the project.

I am hoping that the Lisk team has learned from their mistakes from the past meetup. There will be a lot of eyes on this meetup, waiting to hear some positive news and results. I personally, have bought some Lisk in the last few weeks. I think the price could rise on the hype. Although, it could be an example of "buy the rumor, sell the news." This would mean that the price rises leading up to February 20th, but profits are taken out before the actual news is released, causing the price to drop. Or in the last meetup example, the news was disappointing and big sell orders sold on the negative news.

If I find that the price rises quickly leading up to the event of February 20th, I will probably sell 50-75% of my position and hold onto the rest just in case the news is also positive. If you guys remembered, On June 22, 2017 Ant Shares (“Chinese Ethereum”), announced it would be re-branding to the company we all now know as NEO. On August 14th, just six days after their relaunch was official and finalized, the NEO price jumped 667% to sit at $50 (up from $7.50). I am not saying that Lisk will have that kind of success, but you never know, so that is why I will hold some Lisk after taking some profits off of the table...hopefully.

At the time of this post Lisk is currently trading at $26.46 USD (23.41%) or 0.00264625 BTC (24.33%). The All Time High (ATH) for Lisk was around $38.40, so I feel that there is still room for Lisk to grow and I believe if there is enough hype around Lisk, new ATH's could be reached. However, I am an amateur and not a financial advisor, this is just my personal opinion.

I will end this post with a quote from the article that I linked above...
So what are some things you can build with Lisk? Here are some examples directly from their website:

“Possibilities are endless, like developing platform independent social networks, messengers, games and so on. All on your own blockchain network including corresponding token, fully decentralized, and all this without the hassle of complicated consensus algorithms or peer-to-peer networking protocols.”

Well that is all for now. I hope you guys enjoyed and learned something today. Feel free to resteem, upvote, and comment with any thoughts. I would like to hear what you think about Lisk. I am personally feeling Bullish. I think Lisk will continue to rise and I look forward to February 20th. Good Luck and thanks for stopping by!

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Thank you for the Info!

You're welcome. Thanks for stopping by.

lisk is getting more popular day by day seems like i need to buy some soon enough

LIsk is a good one to buy and hold.

seems like it was the reason it is going on top

Yea...too bad the whole crypto market is tanking right now. Hopefully things turn around soon...

Lisk was one of them i totally missed out on and still doing pretty fine. Rebranding could atleast take it to +50%. Thanks for the heads up:)

I think so too, as long as the market doesn't keep going down. Brutal day today...

Yeah about the price anything can happen in the world of crypto !Hope all the token holders of Lisk gets a handsome amount if you guys get lucky here !

Hopefully the crypto market picks up again before Feb 20th.

This post has received a 7.94 % upvote from @sleeplesswhale thanks to: @pbgreenpoint.

Useful and informative post thank you dear friend

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