Hi pope,

I think you skipped a lot of my posts. Gotta admit it's too long to read for certain people.

You can find most answers in my previous posts for questions that you asked. I'm 45. Not sure if that's help you in any way. As it won't change your mindset that shaped since childhood. FYI, there no need for ANYONE to FUD it because the founder himself already does it when he announced the price will fall for months to come in LBRY news.

Let's talk about the coin in this thread instead of you and me. I'm not going ask your age as I respect your personal opinion even if you're a teen. I do that to my kids as well.
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Folks, I missed another crucial part to share. It has nothing to do with the LBRY founders. There is this group of hypesters in Slack/Trollbox and even here, manipulate or in a nicer word, convince people to buy LBC (sometimes with charts too), creates a FOMO vibes eventhough they knew the price will fall. They keep telling everyone to buy while they are dumping. Reason because it's always better for others to tank the price with their money than his own money. Sure, almost every daytraders does that but doesn't mean it's ethical when luring innocent buyers to become bagholders and then crash them when they want to tell the whole world the bad experience from it?

These group of hypesters has nothing to lose, really. They dumped all at higher price long time ago and another half of them are in mining. Miners usually sell immediately once mined. Selling at slightly higher price in this fall is still better than at lowest price. Strangely though, all LBRY mods invested a few bucks only when they believe so much in that coin and telling newcomers that "very soon" the price will soars, started like 2-3 months ago. Now it happened again even after the founder has clearly stated the price will fall for months. Obviously, hypesters are the one should be blamed.

Conclusion, I don't mind what they do as been watching them doing for quite some time already. Just want to sum up the whole loop process on why it is constantly getting more bagholders even the price drop rapidly from 100k to 60k, 40k, 25k, 16k, 10k, 6k? And still no one learned from it? it's because of this group of hypesters.

IF you're interested in this coin, I suggest you just read on LBRY official faq/news from founders and decide for yourself. Do not seek advice from the hypesters.

Both coins has completely different features and implementation. Each to it's own field where hard to make comparison on non-similar cryptocurrency.

Didn't know there is a speculation thread. Post that meant to discuss about price without being accused FUD.

Indeed the 2 core developers is active in GitHub. But it has nothing to do with price.
Because it's been active all this time and price still plummets terribly.

The mining generation and premined coins did play the major part in putting the price down.
Furthermore, the founder already made an official statement that price will continue to fall until mid next year.
They will try complete the product before July 2017 where their operating funds ran out. And if ran out, possibly company might shut down.

Many insiders, old timer already dumped the coin after the announcement. Right now just left a few of them to pump the price a little bit higher to get out.
So basically, any small pump arise is an opportunity for the previous bagholders to dump. Now just the clueless new buyers tanking the price.

Many LBC fans and so called experienced crypto traders expects the price could fall under 500 sats.
In 1 month, it dropped over 350%? I guess no one knows the bottom in coming 5 months.

imho, https://bitcointalk.org/index.php?topic=1541268.msg16925410#msg16925410

In my humble opinion, I think it will pretty hard for other cryptocurreny to overtake Bitcoin as it has over 8 years of adoptions.

Unless something screwed up in the foundation and implementation of scaling.

Hi ScamHole,

Like I mentioned in my last couple posts, I rarely say anything until now. I don't own any BCT account before. All I did is read as guest. I'm sure you started from 0 posts too.

The motive is clearly stated in my previous posts, to tell my story and inform the public NOT forcing anyone to do anything. They have to decide that themselves.

Let's be civil and avoid name calling. Instead, point me to the right thread? It's say LBRY discussion. Or you suggesting me to start a new thread? I don't get you.

Let's just talk about LBRY related matters. Not you and me. Cheers.

Hi,

I think you got the wrong person. But since you mentioned it, I'll revert. After seeing the "massacre" that you and other mods did on the fews people in there. I choose to BCT to tell my part instead, for the first time. To avoid brutal confrontation from you and other mods. Just realized that you are crazier than I thought. You were assume anyone who voice things not in favor LBRY, that person must be him.

Seriously, IF you lost money and concern about public confidence that affects cryptocurrency or price(I know the price is taboo word for you), do you still care about the Slack account? I'm was in there and support every newcomers to use Lbry before you even joined. If I care about it, I'm already a mod. I know a couple mods in there not happy about price but they stayed and hoped "get something in return" at the end of day.

Now jiggytom, let's be open minded and see what's going on around you. Why there is so many old timers picked this week not months ago? Are you a blind supporter that calling other coins, shit coins as you claimed all the time? Are you really that ignorant? Please don't make me as a target. I have no issues with you. I'm just telling people what to expect now in LBRY. They are still free to decide for themselves after knowing the insider story.

Hi,

I hope I didn't get "swamped" by the LBRY diehard supporters for voicing my honest opinion about this Coin.
We no longer able to voice our opinions in the LBRY slack as things become pretty defensive. Only compliments are allowed now.
I've seen a few members with genuine discussion and some frustration as well. The rest just choose to be silent or gone.
The mods just ganged up and jumped on anyone who talk the harsh truth about the Coin. Assume criticisms is trolling.
Comments will be deleted and a fews of them are banned. Now only the newcomers and staffs in chat.

I've been following LBRY for close 6 months even before those diehard supporters become mods in slack.

I came to know LBRY from their listing on Exchanges and "indirect hypes" from the team member eventhough they repeatedly dismiss claims that they have no intention to "lure" people to get to know about LBRY through "any sort of hypes" tactics. Anyway the team has successful got many people's attention including me at that time. I went to their website and read everything. The information back then is not much packed compared to now. No one knew the total coin supply and a lot of specific information was reluctant to share out at that time. Anyway, I started to invest time and money as the idea and concept seems promising. The closed invitation is also one of their "marketing tricks" but never a problem if you aware about the GitHub. The constant of creating "perceptions" that you are missing out. The roadmap is not the roadmap you know like all other coins. More like devs journal. Moreover it's not an accurate info. The windows release is a joke. Just an update on twitter.

We never heard a clear message from the founders until recently that they have no intention to "protect" the coin value knowing the fact it reflects public confidence on that coin. They just let the "people expectations" lingers around. It's like "sure why not let this hypes draws more people into this coin and we can still say we did not hype, it was the traders fault". I only wished if only the CEO made the Acrytypical statement on day one instead after a lots old-time supporters got burned and lost money on it. Got "tricked" by the team keep telling us to hold on it. I doubt we can get back our funds at break-even considered most of us holding on from 65k,40k,25k sats. Funny though, when price hitting 6k, LBRY staffs in Slack still asked us to keep holding on it as in long run it can be beneficial. Until few days ago, the CEO made an official statement https://lbry.io/news/acryptypical that they don't care about you and the people who bought into it because it's your own problem. They never force you to buy LBC. What can I say? I gave up and sold every LBC that I hold for past 5 months.

We know things take time to build the great platform/software, we also knew about the mining issues. We knew content creators might earn less because of great price fluctuations. We knew it and believe the team in long run. Most of us are not in for short term gains. However, as time goes by, we found out many things turned out to be far-fetched and mostly in theoretical "promises" and the team's eccentric ideology. Time to stop become a blind supporter. Plus, now there is competitors with big pocket from ICO funds like Maid, AMP and DCT gave opportunity for new users to pick which one is more rewarding for them to earn from using the platforms. It cost a lot of people hard-earned money to support the CEO imagination and philosophy. Don't get me wrong, he's a great guy. It's like placing a geek in the business world.

The statement made by CEO has clearly stated the price will continue to fall until next year, hopefully not until July 2017 as that's where the operation funds is over. If anyone still lost money after this CEO statement, then that's not their fault anymore as the CEO publically stated the price will plummets for many months to come. Many old-timers speculate the price will fall below 1000 sats. Some even said under 500 sats. Guess what? The team don't care. There will be always a new bagholder. There is a lot coins out there valued under 100 sats. None fall like LBC. Atleast we know where ZEC heading in the beginning.

With the 400 mil premined coins & 500k funds, the team has nothing to lose but time. Mods in Slack has nothing to lose as most of them are in mining. While others hoped to be part of Mods, possibly wishing the future rewards from the reserved coin reward allocation.

Not blaming anyone but myself. Just sharing my last 2 LBC rant, peace.