was it possible for you to edit the older thread and change to moderate thread?

Thanks for your efforts!

Great to see Loyyal (formerly RibbitRewards) progressing so well!

Having the ex-Maestro CEO on board plus having secured the Dubai partnerships give us a glimpse of where this can go.

thanks for doing the new one.
trolls are stupid, but you can imagine maybe some of that some trolls are also whales in real.
they want, that people sell to them, to buy Ribbits more cheap.
it`s quite obviously that they are playing games and want to influence the community.

for myself, I`m not a newby - was more a long time (only reading) user, but I`m in Ribbits since december.
I am also not one of this whales, but I keep out my coins of the buying area - if the rebranding is completed and Loyyal goes to Polo it will be 2k Sat easy.
Also if you took a look on the list of the most important blockchain business Loyyal is on the 49st place direct behind DASH and Stellar. I`m pretty sure that Loyyal will take Stellar in value of market cap in long term. A correct rating for Loyyal could be 10-35 Mio market cap till christmas 16.
There are so many business deals, the concept is good, in real there are much less coins than the statistic makes the price feel. Normally if business gets VC the market cap of the coin is 4 times the money which was invested. Ribbit got money the last years by VC, in winter they got another 1,5 Mio and they got also supply by big players. So without doing anything they coin could be worth 10 Mio. But the project development is good, there is a faster grow potential for use than BTC and it will take profit on the BTC price and could be THE altcoin of the second half of 2016.

I was just about to post this info you found. That's the current info, 400,000,000 in circulation, 600,000,000 held by Ribbet rewards. It's a lot but understandable as they have to allocate points/rewards to somone who makes a purchase etc. It's similar to a stellar or Ripple model I guess.

Of the 400m in circulation we only have guesses to how much was lost in the Cryptsy hack and if or when those coins might become available again. My estimate is there is around 150m on Bittrex.


As a rule I tend to look at marketcap to judge value rather than coin number.


To be honest the project has a lot of unknowns, the developers have said they are discussing now how Ribbet rewards move to the new eth/exp chain so everything is a bit of a guess now....a punt on the potential of what they are doing. For me it's the partnerships they have gained and backing of even a Governmnet that has convinced me about this project honestly....I can't remember ever seeing these kind of big business clients apart from Bitcoin. After the last few weeks of news I honestly see no logical reason why the marketcap isn't already similar to projects like Factom which don't have half the backing this project has and it's just the start.

Price dropped because BTC pumped hard. Most alts dropped.

in my mind the drop was not because of the BTC pump.
trolls said some days before that they know it will drop.
now they think we trust them and lose interest on the coin - they just want you to sell cheap!
but there was no big player losing lots of coins --> therefore: trolls dumped most of the price drop to them self (2 or 3 trolls working together....or one troll with more accounts).

the coin is a long term investment.
if you don`t think so, there a lot people happy with low prices.
longterm it will go to 2k sat - but give them time for a fully done re-branding, for adding the coin to major exchanges and so on.
if the POS wallet is working fine, 50% of the coins will be away from market place as well, then there are smaller walls to break, when the coin got recognized by the mainstream users and other whales. In the end it`s all about media-psychology --> so if trolls tell you the coin isn`t good, the price will explode when the first BTC hype is over. or are there other reasons to do things like they do? NO, it`s all about profit.

so if you want to make profit within a month, you can put smaller sale walls beyond 1k SAT,....but if you do, you`ll maybe unhappy with a price of 1-10k SAT.
long term there is at least the same potential in it like following factom, storjx and other products co-created or produced by the Bnk of the future. even if there is a new coin (when you have to bring in Ribbits to get the new one) there are major opportunities. If most of them are in the wrong hands (crypsy) - who knows, if there is no new ICO which brings additional millions (and if it happens your coins will be much more worth, because if you count the coins on Bittrex (did it since a half year), there aren`t 400 mio coins in user-hands.

it`s a real company in a real business world and they have major deals, which was recognized by the big business analysts (http://richtopia.com/companies/top-100-blockchain    ---> check it out/ at the end of the top 50 companies, weekly going up). and the potential is definitely not lower than a STEAM or SIA coin, which have much more competitors in their business field and no possibility to go live (on usage) in the next time.

but if you asked me, Loyyal actually isn`t really interested to see big pumps until everything on the technical side is developed. Because they have 18 month time to burn the 1,5 mio until they will need and get new BTC in a series A stage. And moreover I read all documents of the company, when they had presented their project half a year ago on BF.....and there will be regular company stocks in future (to generate more cash) - but they won`t do it before the coin is in the top 15/has done big deals/has several incoming streams (which gives a high rated value to the stocks they will sale in future).

So if you wanna dump. Do it - someone will be happy to get coins cheap.
If you have time to go long - 10x is very possible (even it doesn`t reach its full value, which could be 100x in 2016).
And because I read, someone thinks to do marketing for them. I`m also in that kind of business. It could help, but that`s not the right time. You could do viral stuff, if the coin is already worth 10 Mio + to bring in additional crowd-adaption. But I don`t think it`s a good idea now (until the company doesn`t do any marketing/and they have saved 0,5 Mio just for such future activities).

Best wishes,
james

You are the troll I expect.....

I would say it was the rise in BTC, trolling and the fact the price of Ribbetrewards/Loyyal got ahead of itself and you always get pull backs when that happens be its Apple stock or Bitcoin.


You know there was a time when a rise in Bitcoins price resulted in a rise in Alts as wealth gained by traders got put into Alts. Personally when I see a relatively small rise in BTC in past months when its like 5% and then ETH and other Alts drop like 30% its a pure emotional trader reaction as traders are quick these days to jump to next rising coin. But personally I see the rise in BTC as only good for Alts as I believe it raises the value of the sector and all boats rise together. Short term yes traders will jump ship but long term real value will be added to Alts, mark my words...Good Alts will catch up in a big way this year IMO.

yes danny, that could be (but i`m not a troll  )
but if we took a look on that coin, it could be dangerous to drop it because of the BTC rise.
you never know, when it`s going up to new highs.
the pump to 540 sat was from one of the major wales. So we can expect that those guys will not sell beyond the price they paid for.

i don`t know if BTC is still rising, or if there are some weak weeks coming before the halfing.
But in the end it doesn`t matter, because we will see significant new highs for Loyyal and it`s price is related to the btc price.
so 2k sat in 3 month is more money than it`s now. So you`re right - in the end altcoins will take profit on the rise of btc longterm

I sent a request for coin marketcap and Bittrex to update to Loyyal and sent them the logo...it was large.

Probably after changing they looked into it and decided that actually the company is Loyyal but the coins are called ribbet rewards in their opinion. Technically true until they swap to the new chain. As far as I know the company had no influence on their decisions...

wow fantastic news. i understand they have to keep hush hush until everything is finalized. this means that a lot of thinking has going on and they are taking this switch much serious.

but there gotta be some news leaking out since there is always a lot of flash buys recently.

on an other note.. there is that guys tweet


 

i hope so buddy.


its crazy how much news and marketing loyyal/ribbitrewards puts out.