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Author Topic: Why I think lbry is a good investment  (Read 1653 times)
thesavoyard (OP)
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May 15, 2017, 07:43:09 AM
 #1

 Firstly, let me say, I'm not associated with lbry or Dash or any other coin. I'm a crypto-ATM operator and not associated with any coins. I know how accusations of shill fly on these forums by mostly Monero supporters. (jk)

I've been keeping my eye on Library credits because unlike most cryptos it is useful. They are building a peer to peer network, very much like a blockchain to host media. The encrypted network will allow people to upload music, videos and articles/ebooks and set their price in lbry credits. For people upset with the authoritarianism of Google, Microsft, and Apple this is a great alternative. Those companies probably have illegal deals with the US for mass surveillance as well. How else can you avoid monopoly prosecution and have the courts allow you to spy on your customers? Anyway, enough conspiracy theories.



  I do not have lbry closed beta access but I've been on the slack and I've watched a few people on youtube that do. It looks promising. It seems like you may earn some lbry for hosting their network. You can cash that or use it to buy media. If you are a content creator, no more middle man and you set your price.

 lbry is a web protocol that seeks to replace the client-server model. Everyone will act as both a client and a server. There is no centralized control to give all the power to a few companies or government. If it grows, even to a few million users, the market cap could grow from around $10 million to a few hundred million. Even if it comes close to Dash in value, the coin could go from $0.15 to $10 each. So I see a real world use and a lot of potential. Let me know what you think.

CjMapope
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May 15, 2017, 07:56:59 AM
 #2

Hey Hey! i'm a LBRY belieber too! Cheesy

haha no but i agree man, it could be REAL potential. There's similar projects but most were ICO's, barely along, some have ZERO actual code even :/
With no ICO they can take as long as they want too imo, tho traders won't like to hear that haha

They seem to have high standards, no surprise given their teams backgrounds (buncha colorful dudes, and very successful in their prior endeavors)

Can't lose on this one long term!


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thesavoyard (OP)
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May 15, 2017, 08:25:40 AM
 #3

Thanks for the input! I apparently begged enough on slack and got the invite. I'll make some videos later and post them here!

befrank
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May 15, 2017, 08:35:28 AM
 #4

I agree. Have some lbry coins too. Longterm You can not go wrong with this. It is one of the few coins and also Lisk that have not gonne trough the roof yet. Both of them have something to show in 2017 so I think it will give us a good return.
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May 15, 2017, 10:16:07 AM
 #5

i like lbry is a good coin it's good for nvidia mining, but unlike other coins there is a very big supply which is not mentioned in coinmarketcap and the dev is holding a very big premine, i'm worry that they will dump later when the price will be very high and everyone thing the coin is a success, there are some case like that, just see veltor, huge pump than an ass hole dumped 25k out of no where lol

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May 15, 2017, 10:24:26 AM
 #6

i like lbry is a good coin it's good for nvidia mining, but unlike other coins there is a very big supply which is not mentioned in coinmarketcap and the dev is holding a very big premine, i'm worry that they will dump later when the price will be very high and everyone thing the coin is a success, there are some case like that, just see veltor, huge pump than an ass hole dumped 25k out of no where lol

well premines are usually not mentioned in marketcaps, thats why it's called "AVAILABLE supply"  Cheesy
the premine is not "available" hence dosent count, like everycoin on there...

also, IF they were gonna dump a coin would they not have around 0.002 last year? 0.00008 now Cheesy
seems like the "test of honor" has passed on that one haha

Ya it's interesting how profitable it's been for nvidia, wow! Smiley


~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~
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ven_bug_trap
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May 15, 2017, 10:51:25 AM
 #7

What exchanges is it on? Definitely looks interesting, I might buy some.
thesavoyard (OP)
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May 15, 2017, 11:19:28 AM
 #8

What exchanges is it on? Definitely looks interesting, I might buy some.
https://coinmarketcap.com/currencies/library-credit/#markets

You can always find the markets by finding it on coinmarketcap and clicking the markets tab. Polinex and Bittrex are the bigger ones it's on. It's always over 1 million volume so it's very traded.

HAARP
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May 15, 2017, 11:23:26 AM
 #9

Thanks for sharing your research. I'll go and search it more deeply.
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May 15, 2017, 11:27:26 AM
 #10

Good information and stuff i would probably add this coins in my investment a little bit of risk but still i guess a long tern investment would really work and do well in investing in this altcoins and also gonna need to buy a great volume of it while its on a low price.
CryptoMiljonair
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May 16, 2017, 10:17:37 AM
 #11

Cool new updates!

Check out the new superfast BETA LBRY blockexplorer! http://www.cryptodev.xyz

Check out the latest Podcast interview with the CEO: Listen to interview: http://podcastinit.com/episode-109-lb
Ayers
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May 16, 2017, 10:42:28 AM
 #12

i like lbry is a good coin it's good for nvidia mining, but unlike other coins there is a very big supply which is not mentioned in coinmarketcap and the dev is holding a very big premine, i'm worry that they will dump later when the price will be very high and everyone thing the coin is a success, there are some case like that, just see veltor, huge pump than an ass hole dumped 25k out of no where lol

well premines are usually not mentioned in marketcaps, thats why it's called "AVAILABLE supply"  Cheesy
the premine is not "available" hence dosent count, like everycoin on there...

also, IF they were gonna dump a coin would they not have around 0.002 last year? 0.00008 now Cheesy
seems like the "test of honor" has passed on that one haha

Ya it's interesting how profitable it's been for nvidia, wow! Smiley



in fact they dumped at 0.002 and we have now this shitty vlaue of 8k satoshi, they will wait again to have 200k satoshi before dumpping, i agree that coinmarketcap show the available but if the premined is bigger than the circulation supply we will ever have you have a problem there

thesavoyard (OP)
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May 16, 2017, 12:43:17 PM
 #13

i like lbry is a good coin it's good for nvidia mining, but unlike other coins there is a very big supply which is not mentioned in coinmarketcap and the dev is holding a very big premine, i'm worry that they will dump later when the price will be very high and everyone thing the coin is a success, there are some case like that, just see veltor, huge pump than an ass hole dumped 25k out of no where lol

well premines are usually not mentioned in marketcaps, thats why it's called "AVAILABLE supply"  Cheesy
the premine is not "available" hence dosent count, like everycoin on there...

also, IF they were gonna dump a coin would they not have around 0.002 last year? 0.00008 now Cheesy
seems like the "test of honor" has passed on that one haha

Ya it's interesting how profitable it's been for nvidia, wow! Smiley



in fact they dumped at 0.002 and we have now this shitty vlaue of 8k satoshi, they will wait again to have 200k satoshi before dumpping, i agree that coinmarketcap show the available but if the premined is bigger than the circulation supply we will ever have you have a problem there

They haven't dumped. Their balance is publicly available. They've been open about the premine so I trust their intentions. It's people who are shady like Viacoin that turn me off.

https://youtu.be/OxjcvePUaMo   

ven_bug_trap
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May 16, 2017, 01:50:56 PM
 #14

Quote
You can always find the markets by finding it on coinmarketcap and clicking the markets tab. Polinex and Bittrex are the bigger ones it's on. It's always over 1 million volume so it's very traded.

Cheers, much appreciated.
thesavoyard (OP)
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June 10, 2017, 05:16:27 AM
 #15

Congrats to all who invested!

thesavoyard (OP)
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June 10, 2017, 10:21:54 AM
 #16

Looks like the dollar mark is in range. Then we'll be looking at $10 and eventually $100!

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December 30, 2017, 03:17:08 AM
 #17

I love LBRY! Smiley

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

Or just go to https://LBRY.Community

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