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Author Topic: Loyyal (formerly RibbitRewards) Price Speculation  (Read 2068 times)
ThePatient (OP)
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June 08, 2016, 08:27:10 PM
Last edit: June 11, 2016, 09:33:25 PM by ThePatient
 #1

A thread to speculate on Loyyal.

If you do not know about loyyal, checking up on loyyalcorp's twitter would be a good place to see the progress that has been made.
https://twitter.com/loyyalcorp

The devs aren't too active on the forums, so someone took the initiative and started the thread themselves.
https://bitcointalk.org/index.php?topic=1475889.0


Personally, I've got a decent amount and am waiting for poloniex to add it. However, this may not be until the new Loyyal chain goes live, whenever that will be.
I see 1k sats as being a floor once that happens, though.
Until then, the market seems fairly solid around 250, but I wouldn't be surprised if it fell back to around 200 or so once more.


Current price is around 300 sats.
twostepsally
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June 09, 2016, 03:49:00 AM
 #2

Makes me nervous that there are 6,000,000 million more coins in storage for the development team to dump on the market at their discretion.

Daisy14
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June 09, 2016, 06:49:42 AM
 #3

Looks like another pump and dump coin is on its way to the market Grin
tensai
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June 09, 2016, 07:59:08 AM
 #4

Bought in at 285 and sold a little more than half at 330. currently have buy orders to buy more if it dips.

It's a really good coin and i'm probably looking to hold this time.

@twostepsally speaks the truth though, it should always be something you have in the back of your mind.
glerant
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June 09, 2016, 09:04:21 AM
 #5

Makes me nervous that there are 6,000,000 million more coins in storage for the development team to dump on the market at their discretion.

I am guessing this will change or get clarified when the RBR get transferred to the new blockchain. 
ThePatient (OP)
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June 09, 2016, 09:57:37 PM
 #6

Was about to comment how we're struggling to get through 347, after a few attempts near it and how I too would be weary of pruchasing more at these prices.
But I see someone just bought up a few btc worth on the sell side to 349.

Although...actually it looks like that 4 btc sell may have been pulled.
Maybe someone FOMOed and decided to get in and bought the remaining btc up to ~350.


glerant
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June 11, 2016, 01:08:50 PM
 #7

Was about to comment how we're struggling to get through 347, after a few attempts near it and how I too would be weary of pruchasing more at these prices.
But I see someone just bought up a few btc worth on the sell side to 349.

Although...actually it looks like that 4 btc sell may have been pulled.
Maybe someone FOMOed and decided to get in and bought the remaining btc up to ~350.




When the upcoming news hits the media I don't think we will see prices in this territory ever again!  Wink


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dannyman
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June 11, 2016, 06:53:29 PM
 #8

This kind of thread makes Loyyal look like a shitcoin.....it isn't.
ThePatient (OP)
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June 11, 2016, 07:05:24 PM
Last edit: June 11, 2016, 07:17:25 PM by ThePatient
 #9

^OK. screw off then. Some of the posts you've made in regards to Loyyal the past month are much more shill-y then this thread..
twostepsally
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June 11, 2016, 08:31:14 PM
 #10

^OK. screw off then. Some of the posts you've made in regards to Loyyal the past month are much more shill-y then this thread..

Your response definitely makes it a shitcoin.
twostepsally
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June 11, 2016, 08:56:08 PM
 #11

Where's their explorer?

Why hasn't the coin count increased since the beginning if they said you earn rr by having them in your wallet (pos)

Who got control of the instamine of 400 million coins plus who holds the other 600 million coins for a total of 1 billion instamined rr?

Wallet addresses?

Christopher frank is on this team...can anyone say crypto prostitute?
ThePatient (OP)
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June 11, 2016, 09:25:42 PM
 #12

^OK. screw off then. Some of the posts you've made in regards to Loyyal the past month are much more shill-y then this thread..

Your response definitely makes it a shitcoin.

I won't argue it isn't a shitcoin.
glerant
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June 11, 2016, 11:11:58 PM
 #13

Where's their explorer?

Why hasn't the coin count increased since the beginning if they said you earn rr by having them in your wallet (pos)

Who got control of the instamine of 400 million coins plus who holds the other 600 million coins for a total of 1 billion instamined rr?

Wallet addresses?

Christopher frank is on this team...can anyone say crypto prostitute?


It's not a typical vanillla proposition with the BTC ANN type clone tickbox 'infrastructure' items like explorer, pool, exchange, foundation etc. Think of RBR as being an extended chance of joining an ICO late. 
glerant
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June 13, 2016, 10:51:57 PM
 #14

Noticed that CoinMarketCap has reverted to the RibbitRewards branding for the coin.
Anyone have a clue why this happened?

https://coinmarketcap.com/currencies/loyyal/

But as you can see, the huge Loyyal logo is still there as is the sub dir.
So it looks like a quick and dirty change from CMC - I wonder why?
ThePatient (OP)
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June 14, 2016, 04:37:26 AM
 #15

Looks like someone just bought up around 10btc worth..

I was hoping to get sub 200 too. But with btc pumping, it's still a possibility.
twostepsally
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June 14, 2016, 09:30:53 AM
 #16

Noticed that CoinMarketCap has reverted to the RibbitRewards branding for the coin.
Anyone have a clue why this happened?

https://coinmarketcap.com/currencies/loyyal/

I did. Shady if you ask me.

I also want to know who holds the other 600 million ribbitrewards that are not accounted for?




But as you can see, the huge Loyyal logo is still there as is the sub dir.
So it looks like a quick and dirty change from CMC - I wonder why?
SwedishGirl
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June 14, 2016, 10:33:39 AM
 #17

There are a lot of unknowns regarding this coin, this is why the price is relatively cheap. A lot of us are making assumptions on what the future holds.

One thing is for certain the Loyyal guys are not in this to make us money, but they still need to keep it fair for their early investors. It's quite possible that they are slowly buying back RBR before new chain and their full plans are announced.
ThePatient (OP)
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June 15, 2016, 08:17:09 PM
 #18

Heads up, it looks like 32 million RBR was moved onto Bittrex over the past day.
If you look at distribution, it used to be 16 million, then 15 million, then 10 million, then 9. Something like that.
But now everything is the same (more or less) except there is a new #1....which holds 32 million..

If that person plans on selling, we could see low prices rather soon.
Or maybe they also brought over btc and plan on pumping it and driving the price into their sell walls.
Not sure, but 32 million rbr being brought onto bittrex makes me a bit uneasy.
glerant
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June 17, 2016, 02:37:12 PM
 #19

If that person plans on selling, we could see low prices rather soon.

Good. I want to buy cheap.
SwedishGirl
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June 17, 2016, 02:58:25 PM
 #20

Heads up, it looks like 32 million RBR was moved onto Bittrex over the past day.
If you look at distribution, it used to be 16 million, then 15 million, then 10 million, then 9. Something like that.
But now everything is the same (more or less) except there is a new #1....which holds 32 million..

If that person plans on selling, we could see low prices rather soon.
Or maybe they also brought over btc and plan on pumping it and driving the price into their sell walls.
Not sure, but 32 million rbr being brought onto bittrex makes me a bit uneasy.


I got out. My gut feeling is this was sent there for dumping it all and this is not a typical crypto person. It's either BigVern with the Cryptsy RBR or a Loyyal insider.
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