Monthly Archives: July 2016

Guy makes 16650% profit with LISK

I’m the lucky guy, who made 1-st sells LSK coin on Poloniex. And it was really good experience for me.

I sold 332 LSK for 6.66 BTC. This is about 1 LSK @ $13.2 coin.
ICO coins was about 1 LSK @ $0.1.
Now 1 LSK @ $0.3.
As you can see, the profit is huge.

In that post I want to tell you the story of my success. I believe you can get something useful for yourself.

 

Preparation

I was ICO investor with 2 BTC and received 11000 LSK for trading.

Before official launch of LISK coin I learned to start manual Lisk Node in Ubuntu environment by this tutorial. There is no official Windows client yet. And this is the most
important thing that I did.

The coin launch was announced on May 24, 2016 at 8pm UTC. 23:00 at my timezone (Russia). And Poloniex announced adding Lisk market asap.

 

My body was ready

… for ninja start. It was nightly here. I drunk RedBull and began my mission.

At 23:01 files appeared on https://downloads.lisk.io/ and for my luck lisk web client was DDOSed (btw, it’s not my fault ;)) ). In 5 minutes I started Lisk node on Ubuntu, entered my ICO wallet and begin waiting for Poloniex.

At 23:15 Poloniex opened BTC/LSK market and I generated deposit address and sent 1300 LSK as quick as I can.

After that I was waiting 303 confirmations. Confirmations on Polo increasing periodically, 30-50 confirmations per time. I saw insane Buy orders while waiting. Top order was 0.00011573 LSK @ 447 BTC.

When confirmation number was 290+ I began pushing “Sell” button and receiving:

My adrenaline rolls over. This went on for about 15 minutes. I saw thousands “not enough” messages. Suddenly….

At one moment message was sold … sold … sold … sold … sold …. It was amazing feeling for me. Something like this:

 

P.S.

I bought more cheaper LSK and now I’m holding as a hell!

So, my secret power was:

  • Learning before official ICO start
  • Lucky DDoS of login.lisk.io
  • RedBull
  • F5 button and quick mouse moves

I hope this history was interesting and useful.

I can post more lifehacks for crypto trading and trading API usage.

For example, I made simple PumpMonitor using Poloniex API.

Support this post if you interested. Thanx!

Source: https://steemit.com/trading/@xtar/how-i-made-16650-profit-with-lisk-how-i-catched-1-st-buy-orders-on-poloniex

The grave Ethereum situation

I must admit I did not expect Ethereum to end up in the current state. I originally predicted that the DAO owners will force decisions on Vitalik Buterin and they have. Both his mental and physical health are declining as he is the person held responsible for other people’s choices, mafia-style. But I have not expected the other side, which created ETC, to appear. But all in all, you need two sides to divide a community. Let’s sum up the current state of affairs:

Coinbase accpted ETH and made themselves vulnerable to an attack which drain their capital. Current state of affairs is yet to be discovered.

The Ethereum Hard Fork enabled a replay attack on both ETC and ETH chains, although it was very easy to prevent such attack by only a few lines of code. Raises questions about competence of the Ethereum Foundation.

ETH and ETC are a competing system with an instant doubling of supply. Only two outcomes are possible, either one chain dies, or the market capitalization averages between the two.

Don’t even make me start about Tual. Here, read! https://twitter.com/stephantual/status/749246144669184000 He says that the ecosystem is not mature, although the only immature thing is his ability to write simple mathematical operators (higher than, lower than, equal) in his experiential software. He would rather damage the whole ecosystem than take blame for what was only his fault.