Lisk Founder On Why This Crypto Winter Is The Best In Bitcoin’s History

In March, NewsBTC sat down with Max Kordek, the founder of Lisk, to pick his brain about his project, the broader crypto and blockchain industry, and the future of Bitcoin.
Related Reading: HTC Exec: Facebook Coin is like the Intranet, Bitcoin is like the Internet
The Latest On Lisk
NewsBTC: Thanks for sitting down with us. For those who don’t know Lisk, can you give us a 30 second to a one-minute explanation of your project in general?
Max Kordek: Lisk is a blockchain application platform with its own crypto asset, LSK. We aim to enable devs and entrepreneurs to create their own blockchain, which is fully independent and customizable to a large degree. The second step will be interoperability, so that these independent blockchains become sidechains, which then interact with the mainchain and each other, becoming an independent part of the bigger internal ecosystem of Lisk. Our tools are based on JavaScript which taps into a fast evolving programming language, rich developer base, and open source culture. We’ve also recently diversified a section of our code to TypeScript, which will support larger application building.
NewsBTC: Cool. So why did Lisk decide to go with DPoS instead of PoW? Were there centralization risks?
Max: My journey in blockchain first began with the purchase of a Litecoin miner in 2012. Back then, I was living in this very small student apartment in Germany, which was only about 20 square meters. The small space made the miner run super hot, and after two months I had enough. Through this experience, I’ve started to develop a dislike against the kind of inefficiency and this waste of electricity that Proof of Work systems create. I then began to look into alternatives to mining. I stumbled across NXT, then Peercoin, the first viable Proof of Stake coin in existence, which I fell in love with. It was amazing to have a server, which cost $10 to $20 a month to maintain and run the network from. I got really active in that community. Eventually, Peercoin fell apart, mainly because they failed to establish an organization to actually push the technology forward.
After Peercoin, I found Crypti, which provided that central business pushing the protocol forward. It was also the first organization where I discovered the Delegated Proof of Stake (DPoS). However, Crypti also had its own issues with a very small team and even lower levels of funding. I decided to create something new with my partner Oliver Beddows. From the get-go, we knew it shouldn’t have anything to do with PoW. That’s how Lisk and Lightcurve came about. There are many benefits of our form of DPoS, but one of the main ones is that it is beneficial to what we specifically are building. If you want to create a blockchain platform where people can just spin up their own chains, DPoS is much easier to kickstart and safer to maintain than normal PoS. If you rely only on pure PoS, it may not be very secure, so it’s better to have delegates you can trust.
Max Kordek
Delegates on the Lisk network know the codebase and the network through and through. Many of them build open source solutions and products, spot bugs on our Testnet, or migrate to critical releases in an extremely timely manner! It depends on what use case you want to implement, but having a secure network is what most of our stakeholders can agree on. As to centralization risks, there is a degree of fluidity to our network with some individuals entering and falling out of the delegated 101. We’ve also recently opened up the Lisk Improvement Proposals where both Lightcurve and community authors can submit their own proposals for how to make our consensus algorithm even better.
NewsBTC: With DPoS, EOS enlists 21 delegates and Ark, 51 delegates. So how did you come with the 101 delegate number?
Max: Dan Larimer runs EOS. Before EOS he ran Steemit and Bitshares, which utilized 101 delegates. We took the same number, which both he and Charles Hoskinson used back in the day, because it is a good balance between centralization and decentralization. 21 delegates are too few. Sure, the network is high-performance, but 21 entities controlling the network could be dangerous. 500 or 1,000, on the other hand, is too much, as such a number of delegates would cause too many inefficiencies in the network. So to put it simply, for us 101 delegates sits right in the sweet spot of the number of nodes necessary to move our blockchain forward, while the odd number gets rid of the ties by ensuring there’s always a majority on the network.
NewsBTC: What’s your vision for Lisk Academy? Do you guys want to spark adoption through education?
Max: Even after the bull market of 2017, only a few people on the street know what Bitcoin is, let alone the underlying technology of blockchain. We need to educate those who have the power to interact with blockchain, whether its building or investing. Right now, it’s not even about Lisk, but just blockchain as a technology. The next step is accessibility, meaning that we should ramp down the complexity of the blockchain ecosystem to aid the user experience. Once you educate people and they have access to the ecosystem, then you onboard them onto projects like Lisk and our SDK.
This is why we don’t attend as many conferences as Token2049 anymore. It sounds a bit bad, but we don’t want to constantly be in this kind of a crypto bubble. We need people from outside of the industry to enter. But they won’t enter without education. We just need to have a go-to place for people to learn about blockchain and Lisk. We also provide educational marketing content and documentation for developers wanting to take the next step and experiment with our technology.
Kordek’s Thoughts On The Crypto Industry
NewsBTC: So do you think that education is the one thing holding back crypto adoption right now?
Max: I think many things are holding it back currently. One is definitely education. If we just don’t know or understand what it is, we won’t adopt it. Right now we need builders, who harness this technology to come up with viable use cases. And they, of course, need to know how this technology works. My mother doesn’t need to know about blockchain. But my developer colleagues who actually have the power to build need to know the ins and outs of not only blockchain technology, but also blockchain building and everything else needed to get them coding.  Another problem is use cases. People still ask, ‘what can we really achieve with this technology?’ People have no clue yet. Building on Ethereum is tough right now, but it’s the best experience in the industry by far. It isn’t optimal, so we need much better tooling and use case inspiration for developers. That, in my opinion, is why adoption has been pretty much slow.
NewsBTC: What is your end vision for this ecosystem? Do you see a world where everything is based on these technologies?
Max: I don’t think that everything will be based on blockchain. Yesterday I was on a panel discussion covering a very interesting topic — Web 3.0. It was said that blockchain is one technological level above texting (Web 3.0 v.s. 2.0). The Internet as a whole still has Web 1.0 applications, including simple internet pages and so on. Those don’t go away. And why should they? We have Web 2.0 pages, like Facebook, Twitter, etc. They will not disappear because of blockchain. So not everything will be run on blockchain, but there are quite a few processes that can be optimized with this technology. I’m a strong advocate for sure, but I just don’t see it as the golden technology that will disrupt absolutely everything. Right now, we don’t even have one use case that has reached 100,000 daily active users. Facebook, on the other hand, has one billion active users. So in the end, I see a world where blockchain really helps people in very specific industries and solutions.

NewsBTC: So you’re saying that I guess there have been there’s been very little adoption right now, but what’s one application for one use case that you think has a lot of potential?
Max: Right now, we’re still heavy in the R&D regarding which use case will be most suitable for our technology. One industry we want to start off with is definitely gaming. That’s an obvious use case right there, given opportunities for tokenization and so forth. Governmental work like notarization or traveling documentation is a pain right now that could easily be improved by blockchain. These processes can be optimized with a digital identity system that automatically checks you and is stored on the blockchain for secure and cross-border access. There are many use cases out there. In the end, we are creating technology that is customizable and scalable enough to allow many of these to be explored.
NewsBTC: How has this bear market been compared to ones seen previously?
Max: The previous ones were much worse. Bitcoin went from like $1,000 to $150, and people were saying that you should pack your bags and say your goodbyes. At that time, there was no development happening. There weren’t these global conference chains with thousands of attendees. It was really dark on Reddit. And now, we’re potentially just coming out of another crypto winter, but there are 20 to 30 meetups happening in Hong Kong this week, even more across the world. If you go on our GitHub, subscribe to Crypto Twitter, or check out big crypto publications, you can see there’s a wide range of activity going on amongst the projects that survived this crash.
There’s so much that is happening. There’s seriously much more development than any other point in blockchain’s history. So for me, the ones before were much worse economics-wise, activity-wise, and sentiment-wise. The thing is, we are patient because we see a big future ahead of this technology. This is just part of normal market cycles. The companies are getting more serious, and the first iterations of products are beginning to pop up. For example, we’re about to release our Alpha SDK, the first version of our blockchain-building toolkit that will allow developers to create proof-of-concept applications aligned with our codebase.
NewsBTC: Do you think that the crypto market is oversaturated at the moment?
Max: Well, I made my own altcoin, so it’s very hard to comment on that one. What I think is that the market overall regulates itself, especially when it feels oversaturated. You see crypto assets that are dropping lower and lower on CMC, as they have no activity, no trading volume, and that’s totally fine by me. That’s a sign that it’s oversaturated. And I assume that is why projects are dying as the market stabilizes and matures. There’s still potential for thousands and thousands more crypto assets and projects around them. I just want to see projects with an actual use case and a true focus on development. In our case, Lisk will be used for registering a sidechain. In Ethereum’s case, it can be used for smart contract execution. But why do all these other apps need a token? Status, for example, a messenger project, doesn’t really need a token. I have not looked into it in-depth, but that raises a question mark. So yeah, I think it’s saturated, but it’s regulating itself in time and legitimate technology with a good business backing stays afloat.
NewsBTC: How has the Lisk team been doing in this market cycle?
Max: Lisk is always progressing at a sustainable pace. The technology is going forward as I mentioned before with the upcoming release of our Alpha SDK. Things on the business side are playing support to the constant development – we were lucky enough to have a professionalized financial team to help us diversify our holdings. This gave us a healthy balance of fiat and crypto, which resulted in extra stability throughout this bear market. We’re also continuing to grow our business and fostering a global developer community. Our community members actually started physical developer spaces across the globe, including the Netherlands, Japan, and China. There’s a lot of activity happening on GitHub and real life!
The Future Of Bitcoin 
NewsBTC: How do you expect for the crypto market to play out over 2019?
Max: I really have no idea. It could go up or down. But right now, it seems to be stabilizing very slowly. Eventually, though, there could be another, let’s call it, wick lower. I assume personally that it will continue to go up towards the end of next year. In 1.5 years is the Bitcoin halving, so the market could go up because of that. But I don’t care really. It’s not only about the money.
NewsBTC: What do you see Bitcoin as? Is it an SoV, MoE, or anything else?
Max: I think of it mainly as a store of value with complete independence of any other market. That means you can just fill up your portfolio with 1% to 2% with it, and it can act as a secure investment next to gold. I also tend to see it as a means of exchange, I bought some stuff online with BTC recently. Yesterday, I went to the Lotus Bar in Hong Kong, which accepts Bitcoin. It’s a nice thing, but I’m not going to go there every time just to use BTC. So in end, it’s more of a store of value. It’s important to add that I also see it as a stepping stone for blockchain technology overall. It may not be the most scalable, but it’s inspiring. It may not be a world currency, but it should become a means of exchange in one way or another.

NewsBTC: What do you think of the whole JP Morgan Coin or FBCoin? Do you like what they bring to the table?
Max: I know many many people who hate Mark Zuckerberg in the industry, but it’s important to remember Facebook is a tech company at the end of the day. When your company grows as large as Facebook did, it’s hard to stay true to your original ethos. Many things can go wrong. And maybe Facebook had many things go wrong this year, but it isn’t the fault of Mark Zuckerberg alone. I still think Zuckerberg has the best things in mind. I see FBCoin as an interesting concept. I’m not too sure how scalable it will be, as WhatsApp or Facebook itself has billions of users. But why not? I think it will be pretty cool, no matter if it’s decentralized, centralized, etc. As long as it uses blockchain technology, that is exactly what we want and need. JP Morgan Coin, on the other hand, is something I hate. First, they say Bitcoin is a scam, then they were revealed to have participated in the Bitcoin market, and then they suddenly come up with their own coin. At the end of the day, JP Morgan isn’t a technology company, so they shouldn’t do that. This project is just for their monetary gain. They should stick with the old economy and do their crap there. They don’t really belong here.
NewsBTC: It’s my final question. Can crypto succeed without institutional involvement, like investments from those on Wall Street?
Max: Yeah definitely. I think people are more powerful than institutions. With blockchain and Bitcoin, we’re going towards true peer-to-peer transactions and exchanges. On a global scale, this will be much more powerful than any institution in the world. Still, financial institutions are great leverage, as they can give people the power to make this whole movement. We can utilize those institutions, but we don’t need them in the end.
Featured Image from Shutterstock
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Crypto-Market Update: Bitcoin [BTC] Holds $5k Support, BCH, LTC, And BNB Lead the Altcoins in Green

Bitcoin [BTC] climbs back above the $5000 level to retest the $5100 resistance level. The price of Bitcoin [BTC] at 4: 00 Hours UTC on 13 April 2019 is $5119. Bitcoin is looking to find support near the $5000 level. It is trading 1.85% higher on a daily scale.
After a Swift fall-back from $5500 level Bitcoin registered a low of $4952 with a 9.96% decrease on a daily scale. However, it climbed back above $5000 starting to form support near the $5000 level.
John Pearlstone, a trade analyst, commented on the recent break-out and fall-back of Bitcoin from $5500, back to the support level of $5000.
“This is very typical price action during a bullish cycle,” he emphasized, adding that “price action continues to favor the bullish path even though we’ve pulled back,” with the next “likely target” being $6,000.
BTC/USD 1D chart on Bitfinex (TradingView)
Bitcoin Cash [BCH]
Bitcoin Cash [Cash] gained over 12% in 4 hours as BTC bounced back above the $5000 level. The rise can be attributed to the #Delist Bitcoin SV [BSV] movement that might have restored investor and miner’s confidence in BSV’s biggest rival: Bitcoin Cash [BCH].
The price of Bitcoin Cash [BCH] at 4: 00 Hours UTC on 13 April 2019 is $285. The price is trading 7.8% higher on a daily scale.
Litecoin [LTC]
Litecoin [LTC] and Bitcoin [BTC] chart have shown similar movements in the last few days. As Bitcoin’s dominance is still 51.9%, the movement on Bitcoin [BTC] has a considerable effect on the markets. However, the gains and losses on Litecoin [LTC] have been steeper than BTC.
LTC/USD 1-D Chart on Bitfinex (Tradingview)
The price of Litecoin [LTC] at 4: 00 Hours UTC on 13 April 2019 is $80.6. The price is trading 3.58% higher on a daily scale.
Some of the other cryptocurrencies with notable gains were Binance [BNB] coin, NEM, Ontology (ONT), Tezos (XTZ), VeChain, Basic Attention Token [BAT], Lisk, Nano. Moreover, while most of these gains were scattered around 5%, BAT, Nana, and Lisk neared double-digit gains.
Also read: Binance Coin [BNB] Becomes Hottest Crypto With Over 6% Spike
Tron[TRX] and Cardano’s ADA token gained 2.67% and 3.04% respectively on a daily scale.
Ethereum [ETH], XRP and Stellar [XLM] Among Lower Percentage of Gainers
The altcoins which are currently coupled with Bitcoin [BTC] price also gained by small amounts on 12th April 2019. Ethereum [ETH], XRP and Stellar [XLM] registered an equivalent rise of less than 2% in a daily period.
The price of Ethereum [ETH] at 4: 00 Hours UTC on 13 April 2019 is $165. The price is trading 1.40% higher on a daily scale. Whereas, XRP and Stellar traded with a high of 1.06% and 1.30% respectively.
Do you think Bitcoin will hold the $5000 support level as volatility in Bitcoin price continue to decrease? Please share your views with us. 
The post Crypto-Market Update: Bitcoin [BTC] Holds $5k Support, BCH, LTC, And BNB Lead the Altcoins in Green appeared first on Coingape.
Source: CoinGape

Crypto Market Wrap: Bitcoin Dominance Falls to 2019 Low, Has Altcoin Season Begun?

Crypto markets being driven by altcoins; Cardano, NEM and CRO Cranking, Bitcoin dominance diminishing.
Market Wrap
Crypto markets are still consolidating as we round off another week. Volume has crept up a little and a slow uptrend has formed over the past couple of days as major crypto assets hit resistance levels. Total market capitalization has made it over $135 billion for the past few hours.
Bitcoin has moved very little over the past 24 hours. BTC hit an intraday high of $3,945 before instantly dumping to $3,900 then slowly building back up to $3,920 where it currently trades. Volume is back over $10 billion and key technical indicators such as MACD and hourly RSI are in the bullish zone.
Ethereum, which has been slowly sliding back all week, has made a percent on the day taking it to $135. The move has taken ETH through the weekly down trend line so further momentum could follow, especially if Bitcoin turns bullish. XRP has made a minor loss on the day dropping back to $0.311.
The top ten is pretty mixed at the time of writing but gains are no more than a percent or so for those in the green. Stellar, which recently flipped Tether for eighth spot, has dumped 4% on the day dropping market cap back to $2 billion. XLM is about to drop back down the charts as it falls to $0.105.
There is a lot more green in the top twenty during today’s Asian trading session. Larger gains have been made by Cardano as ADA climbs 5.5% to $0.049. NEM is also having a big pump with around 9% added on the day to take the token to $0.050. A possible link between NEM Malaysia and Air Asia could be driving the fomo.

During the panel discussion, #NEM Malaysia Investments and Strategy Director Jasmine Ng said while investments to explore blockchain’s implementation in businesses could be costly, she said there is a huge potential upside. Read the full story herehttps://t.co/b6TzgGsiGu
— NEM (@NEMofficial) March 13, 2019

IOTA, NEO and Ethereum Classic have all made over 3% in the past 24 hours as ‘altseason’ gathers momentum.
FOMO: Crypto.com Chain Still Pumping
Crypto.com Chain has continued its epic surge adding another 50% as it nears the top twenty. Over the past week CRO has made an epic 900% pumping from $0.013 to $0.092. Today’s surge has been driving by a listing on Upbit;

The @cryptocom Chain ($CRO) Token will be listed today on @UPbitExchange! Open-source of @Cryptocom Chain Testnet v0.1 scheduled on Wednesday, March 20th. Read more here – https://t.co/udc2IYExCN pic.twitter.com/9zHqMf9MCV
— Crypto.com (@cryptocom) March 15, 2019

Also having a good run today is Lisk and Digitex Futures, both pumping 17% on the day. Crypto.com’s other token, MCO is also up 17% at the moment. REPO is well in the red right now and is the top one hundred’s worst performing altcoin with a dump of 10%, Electroneum is not far behind losing 8% today.
Total market cap 24 hours. Coinmarketcap.com
Total market capitalization has remained over $135 billion adding a billion dollars since the same time yesterday. Daily volume is building and is now at $33 billion as altcoins lead markets at the moment. Bitcoin dominance has fallen to its lowest level this year as it sinks to 50.9% while the altcoins continue to strengthen.
Market Wrap is a section that takes a daily look at the top cryptocurrencies during the current trading session and analyses the best-performing ones, looking for trends and possible fundamentals.
The post Crypto Market Wrap: Bitcoin Dominance Falls to 2019 Low, Has Altcoin Season Begun? appeared first on NewsBTC.
Source: New feedNewsBTC.com

Lisk (LSK): Reduced Block Reward And Its Impact On Price

Lisk (LSK) is a rather nascent platform cryptocurrency that follows a proof of stake model. However, it has proven itself to be quite good at what it does. Yet, we have seen its price decline more than 20x without any signs of a strong reversal. LSK/USD resisted a fall below $4 but not enough bulls came to its rescue and the price fell to $2. This is one hell of a correction for a cryptocurrency that reached an all time high of $40 during its previous cycle. The only positive news that has made a positive impact on Lisk (LSK)’s price lately is news of the reduced block reward. Throughout the correction, the community remained very active on Twitter and kept positing updates of their events and developments. However, it did not reflect in the price at all.
Most cryptocurrencies showed strong signs of a reversal only recently. However, Lisk (LSK) has been ready for a trend reversal since August as shown by the MACD profile for LSK/USD. Volume for LSK/USD has almost completely dried up on exchanges. Trading volume on major exchanges is lower than 10 BTC. This is really discouraging for a platform cryptocurrency that is actually supposed to be an Ethereum (ETH) contender. Ethereum (ETH) also had an aggressive correction but trading volume was quick to return as buyers and seller showed strong interest in trading this coin. Lisk (LSK) on the other hand sees very low volume on most exchanges that can be easily manipulated with a few medium sized orders here and there.
This could be one of the reasons why Lisk (LSK) like Qtum (QTUM) declined so aggressively. Both of these are platform cryptocurrencies and both of them have had very aggressive corrections. Now, is this the end for these coins? Certainly not. If anything, it is only the beginning as Lisk (LSK) has made a lot of progress even during the correction. They are just getting started on rolling their products and getting developers on board to build on Lisk (LSK). Unlike building on Ethereum (ETH) for which developers have to learn a new language (Solidity), development on Lisk (LSK) is available in traditional programming languages. In addition to that, Dapps are built on side chains so if anything goes wrong with the Dapp, the entire blockchain is not effected, similarly if something goes wrong with the blockchain, the Dapp remains unaffected.

Lisk (LSK) is in a strong position to begin a new cycle. The LSK/BTC weekly chart shows how the EMAs have come close together for the first time since the beginning of the correction. The 10 Week EMA has never been this close to the 21 Week EMA and the 5 Week EMA at the same time. The MACD diagram also shows that the price is ready to take off from current levels to begin a new trend. The only strong resistance that LSK/BTC is going to face will be the 21 Week EMA. The longer the price takes to consolidate, the easier it will be to break above that level.

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Source: Crypto Daily

Crypto Sale: Top Price Gainers Available at >90% Discount From their ATH Prices

A number of cryptocurrencies are available at a heavily discounted price, as much as 99% from its all-time high (ATH) even while making gains, giving off a strong buy signal. Meanwhile a few cryptocurrencies who have topped the crypto charts for some time are now dipping heavily.
Biggest gainers at the most discounted price
It’s been five days that the crypto market is maintaining its price stability after a disaster of a week before that. The market might be boring right now when it comes to price movement, but there are a few cryptocurrencies that are making good gains while being available at heavily discounted price from their all-time highs (ATH).
To start with, let’s take a look at the top five cryptocurrencies at the time of writing in the below-given graph:
Source: Coinmarketcap
Now, the biggest gainer of today is Aurora with 53%. However, a few of the biggest gainers at the most discounted price are:
Waltonchain [WTC]
Under top 50 cryptocurrencies, Waltonchain sees a lot of action and sometimes even in double-digits. Today, it is up by over 12% at $3.52 while being 92.09% down from its ATH at $45.96.
Source: Coinmarketcap.com
Just recently, Waltonchain released its white paper 2.0 and announced community bounty program. Also, Waltonchian partnered up with Dongdaemun Fashion Town Tourism Zone, the largest fashion shopping district in South Korea to implement its Blockchain + RFID Solution not long after getting listed on the country’s one of the biggest exchanges, Bithumb.
Also, read: VeChain to Revolutionize the Future with yet another Partnership while VET Hikes 205% in less than a month
Lisk (LSK)
At 23rd rank, Lisk is currently rising by over 12 percent. From is ATH of $39.31, LSK is currently down by 90.38% at $3.77.
source: Coinmarketcap.com
Just at the end of last month, Lisk released its mainnet and is currently undergoing mainnet swap. It further announced Liskish Wallet, the first ledger wallet app for Lisk.
Meanwhile top market players like VeChain (VET) & other altcoins losing heavily
The 19th largest cryptocurrency VeChain (VET) is down by 99.8% from its $8.45 high. Despite, constantly adding to its network, VET is currently at $0.0137.

Over the time, VeChain has entered into partnership with big giants such as People’s Insurance Company of China (PICC), BYD among others.
Few more coins of interest
Further down the line, other 5 cryptos available at the highest discount from their ATH are:

Bitcoin Diamond (BCD) is available at 97.55% discount
Qtum is down by 96.83%
Bitcoin Gold (BTG) is currently discounted at 95.87%
NEM is down by 95.67%
Verge (XVG) is at a low of 95.40%

Though it is in no way an investment advice, being available at such a heavily discounted price, these coins make for a good buy opportunity. When prices again rise and go well above their previous marks, these might make up for all the lost gains. But of course, through research on a project or coin is essential to decide which is even going to last when bulls finally come charging.
As for which of the coins are closest to touching their ATH, Holo (HOT) and Metaverse ETP (ETP) are still far off at 44% and 49.35% down but still closer than the majority.
The post Crypto Sale: Top Price Gainers Available at >90% Discount From their ATH Prices appeared first on Coingape.
Source: CoinGape

Tether [USDT] paired with Dogecoin [DOGE], Lisk [LSK], 0x [ZRX] on Poloniex

On 31st August, Poloniex Exchange, a US-based cryptocurrency exchange platform ranked as the 25th largest digital currency announced the listing of USDT trading pairs on their official Twitter handle. The new list of USDT pairs are already listed assets on the exchange, including 0x [ZRX], Lisk [LSK], Golem [GNT], Dogecoin [DOGE] and Siacoin [SC].
Circle, a peer to peer payments technology which owns Poloniex on their Medium blog stated:
“While we continue to focus on improving the performance of Poloniex and bringing a curated set of assets to the exchange, we also attempt to implement the top requests of our customers and project developers where possible.”
Tether [USDT] is currently the 8th largest cryptocurrency by market capitalization according to CoinMarketCap. At the time of writing, USDT is trading at $0.99 with a market capitalization of more than $2.7 billion.
On 27th August, USDT’s market capitalization was more than $2.8 billion, which is the highest the digital currency has seen ever since its conception. This rise in market capitalization took place just a few days prior to Poloniex’s trading pairs announcement.
USDT overall price chart since its conception | Source: CoinMarketCapCryptolomeus, a Twitterati remarked:
“Poloniex pulls attention away from Bitcoin as the main exchange currency and points its attention onto USD(T) which of course is the main world currency, isn’t it?”
Send_bitcoins, a Twitter user added:
 “Now add them to margin trading so I can short them. Seriously you have so many coins but only a handful on margin trading, what gives?”
Another Twitter user named Kipisik said:
“Who wants to buy these shit coins?”
Twitterati named HighFiveSurf commented:
“Well it’s about goddam time, now I can only dream and hope for one last thing… a lending market for Lisk on Poloneix.”
A Redditor named Xxchoicexx stated:
“I wonder why polo first. Could be because that is the exchange HQ and Max use to sell Lisk. Food for thought, looking for some fiat pairing on some real exchanges. Good start however.”
The post Tether [USDT] paired with Dogecoin [DOGE], Lisk [LSK], 0x [ZRX] on Poloniex appeared first on AMBCrypto.
Source: AMB Crypto

Lisk (LSK) Is A Buy At $5, Smart Money Busy Accumulating For Long Term

Lisk (LSK) Is A Buy At $5, Smart Money Busy Accumulating For Long Term

Lisk (LSK) has taken one of the worst falls in the history of cryptocurrencies. It is currently down more than 85% from its ATH. The price is looking to recover long term but short term the bloodbath is not over. Regardless of that, Lisk (LSK) has managed to stay close to $5 for the most part. This is a cryptocurrency which at a price of $40, was expected by many to reach $200 by the end of the year.

Continue reading Lisk (LSK) Is A Buy At $5, Smart Money Busy Accumulating For Long Term at Crypto Daily™.

Source: Crypto Daily