Bitcoin Forum

whats your idea about LBRY price in future ? what is your reason ? is this coin worth investing (buying or mining) ?

It could go somewhere, definitely. The way I determine the future value of a coin is by looking at giant corporations or applications of today and think about whether or not a crypto/blockchain version of those things, like SIA is a clear competitor of dropbox, Digibyte is a potential (online) gaming currency, Minereum could become the next lottery, ... LBRY could become the next youtube platform, where content can be bought for very small amounts of money, which would result in an ad-less platform that people could use to support their favorite channels. Today we have patreon, but LBRY could become the crypo version of that. Not to mention books (ebooks, audio, ...), movies, ... All of this could potentially run on the LBRY platform. Very, very interesting imo.

True, but a lot of content creators that only do youtube to make a living are getting fucked by the ad policy or ad blockers. This leads them to either A. set up a patreon account, which is a decent solution right now, B. create ad-friendly content, which might not be what people wanted to see from that creator, or C. Quit youtube.
The thing is, the vast majority of subscribers are not willing to pay a couple of bucks, yet they might be willing to pay 0.5 LBRY per video.

I don't know, I think blockchain tech will only grow in the future, so all applications or online businesses that don't incorporate that will be replaced by the ones that do

A lot of tech will come up in the later weeks,
So if you want to know it is worth or not investing of course absolutly worth it.
But you must wait for the right time to invest to it

For me it can only go up, but in the very long-term. So mine if you can, sell just what you need to cover the expanses and you will be fine with that !

I consider Lbry a good altcoin, not so good as ZEC, but I think it worth a try to keep and hold some and bet in its future, it's always a 50/50 chance to profit.

You can not compare ZEC and LBRY. Different things.

Why is there another thread about this? There is already 2 lbry threads. Can't you just go look at those threads where this has been discussed a lot. The worth of lbry is simple. 466,424,524 total supply, divide by number of paying users. Say 100 million people own $10 worth of lbry credits, that will push up the price to make it worth while investing now. If you don't believe in the project then stay away.

He's just asking for people to speculate.

Well had you bought when i posted my thread and when i speculated it will go x10, you would have x10 already.

I got much more than that now, around x20 and more i believe.


However this all depends whether it actually gets adapted. I don't see their app as the killer, although there is a bit potential as they might invent to accept other cryptocoins, and in background convert to LBC. So it could be potentially an alternative to prevent torrenting. If people could watch movies for a reasonable price and conveniently, maybe they would have. I would. And LBRY app is convenient for something like this.

What's pretty cool is the LBRY protocol! There is still some time to go, but let's assume they make videos possible to be embedded into websites, as well as other items, and some open source code for such marketplace, then people will start creating their own websites and cutting the middleman.

What i don't like about it, is proof of work and high inflation. This would have been a winner, had it been pos.



This is for the long term, if they create open source code so anyone can create their own projects and display/sell content from LBRY protocol, then this is a big winner.

Short term, (assuming the bear market in crypto does not starts, if it does, everything goes kaboom most likely) the open beta launch is expected to be by the end of July so if the actual date is announced, price could grow rapidly until that date and i think it could reach 1,2$-2$, but who knows it's so unpredictable right now with bitcoin situation being unclear...

I think that LBRY is like SIA that type of currencies arent for pays in the normal day, that type of coins were created for specific services, Sia is the cloud storage and LBRY purpose is pay artists in a fair way.
For know the future price we need to evaluate 3 things usability, competence and future costumers. If you think that the tech is worth then invest, if you dont think so then dont invest.

LBRY
their tech is awesome, so is the team, development moves fast, they're releasing a public beta soon. Decentralized, uncensorable & monetized Youtube, man! All video content producers will move to it.
I think its worth investing

Agreed. At the very least LBC will rocket the same way STEEM did.

The fair price for LBRY is 50k
I think it will happen in early December,
Hopefully my guess is right

I could see this happen, it's about 250% increase in value, shouldn't be too big of a problem once they launch their platform

That would be awesome, my ccminer and my nvidia cards will love it if that becomes reality, we must believe first.

LBRY or LBC few people said this coin is undervalued and have a good future for long term
and great dev behind it is the main reason to me to hold this coin

I predict that it will be above $1.5 in the long term but we as investors should see first that their platform is being adopted then even $5 above is possible.

and so its time to buy LBRY and hold for the long time ?
I was very impressed with the LBRY platform and probably everyone saw it

a 5$ LBRY is definitely possible, but not for another 5 to 10 years i'm afraid. It takes a lot to overthrow established platforms like youtube and netflix. On the other hand, i believe the devs have announced that they're gonna launch their beta platform in the near future so who knows. I think we can all agree it could go to 1$ by the end of this year, so 5$ by the end of 2022 isn't a crazy guess.

I don't think LBRY can ever beat Youtube. They have only 1 chance: As we see from Steemit, they create a blogging platform of cryptocurrency. So LBRY may become video sharing platform of crypto. That is the best they can ever do.

Youtube is screwing over its content creators by excessively promoting childish vloggers whilst leaving the others creators out in the cold. Advertisers only want their ads on child friendly videos (because kids usually don't have ad blockers), so anything even remotely scary, obscene, or in other words mature will get very little to no ads. Even if a vlogger uses the words fuck instead of fudge they lose their ad right on that video. That's what LBRY will combat. Let's talk about artists getting fairly compensated; here in belgium we have an organisation called sabam. They go to parties and radio stations and such, asking for  money in order to pay artists like bryan adams every time 'the summer of 69' gets played. Do you think bryan adams ever gets payed for that? no, cause sabam holds almost 100% of what gets paid. Again, this is what LBRY strives to combat.

Basically, they want a platform for every video, book, movie, song, ... ever made, without censorship. We decide how much we pay. It's like patreon, but easier and cheaper, and with a lot more possible content. In the distant future, movie theaters might even disappear, as new movies get put directly onto the LBRY platform. Movie theaters keep a ton of money for themselves, meaning that for every dollar we pay, only 5 cents gets to the actual content creator. LBRY basically wants to cut out all the middle men that make content so expensive.

Maybe anybody know, when is the platform release?

Yes, I love LBRY!

It has an active community, lots of content publishers and unlike most other crypto projects, LBRY has working software! (it is in beta, but has come a pretty long way)

You can see the bitcointalk-thread of our LBRY community-page at:
https://bitcointalk.org/index.php?topic=2665793 (https://bitcointalk.org/index.php?topic=2665793)

Or just go to https://LBRY.Community (https://LBRY.Community)

You can win contests now! (up to 8000 LBC which is over 5000$ as of 29. Dec 2017)