LBRY.IO - DICUSSION THREAD

[CjMapope]

totally agree !

Also don't tell your taxman you have btc nor any crypto and you're good   It won't be verifiable for still couple years ahead

LBRY is it scam? It looks so dead! Or i'm not right?

whaa? haha @etoque pretty much summed it up but ill add that their has to be something TAKEN or PROMISED for a coin to be a scam lolz

LBRY has not taken SHIT from you, nor ASKED shit from you, nor promised you shit, HOW can it be a scam? they could take 2 more years and it wouldnt be a scam, AS THEY NEVER HAD ANY SCAMMY ICO OR SOLD ANY PROMISES ;p
thats kinda one of the major beauties to LBRY community  wise imo, and they havent sold any premine either! i <3 LBRY haha

[1714518497]

1714518497

[CjMapope]

We are going back to 2k level?

2000 Satoshi it is certainly not for the price LBRY, it is now very low price. I was one of the first investors LBRY, bought the coin for another 70k, 50k, 45k. On average, my purchase price is around 55k Satoshi, and the fact that the price is now 2300 really makes me sad

sigh, you were not ever an "investor".   you traded LBRY b4 realizing it wasn't a traders token, and lost. That is all.   IF they wanted investors they would have sold you those tokens themselves, the ONLY investors in LBRY are the TEAM for the time and effort, and so far PILLAR VC, with 500k$. Ill never understand people thinking buying a cryptocurrency, makes them "investors" they must just want to use that word or something :/ 
Have you even SEEN the platform? :/   

~you CHOSE to buy a token that was designed to be inflationary, and now your sad it lost value, wut? haha dont quit your day job dude, i dont think trading is for you ;p

ha ha, yes, I think you're right mate, trade on the stock exchange is not for me, but in any case I'll gain experience and already know that before you buy coins you need to learn a little about the coin that would not become "investor". Yet he still LBRY very interesting project, and has already received good funding

word man, and ya LBRY just dosent fit the investor-coin requirements imo ;p which is good, as it makes it have more natural price nowadays , REAL supply and demand haha
theres still money to be made, but from LBRY i think its on the platform itself (i have been tinkering with the profit share, its some serious potential i think)
im not much of a CREATOR myself, but i will host and score bandwidth and such and do the profit share thing heehee
I saw it at 100k, i looked at the block rewards at that time and thought: holy crap, people are gonna get wrecked, did NOONE do their research? turns out many did not

[mrtrust]

We are going back to 2k level?

2000 Satoshi it is certainly not for the price LBRY, it is now very low price. I was one of the first investors LBRY, bought the coin for another 70k, 50k, 45k. On average, my purchase price is around 55k Satoshi, and the fact that the price is now 2300 really makes me sad

sigh, you were not ever an "investor".   you traded LBRY b4 realizing it wasn't a traders token, and lost. That is all.   IF they wanted investors they would have sold you those tokens themselves, the ONLY investors in LBRY are the TEAM for the time and effort, and so far PILLAR VC, with 500k$. Ill never understand people thinking buying a cryptocurrency, makes them "investors" they must just want to use that word or something :/ 
Have you even SEEN the platform? :/   

~you CHOSE to buy a token that was designed to be inflationary, and now your sad it lost value, wut? haha dont quit your day job dude, i dont think trading is for you ;p

ha ha, yes, I think you're right mate, trade on the stock exchange is not for me, but in any case I'll gain experience and already know that before you buy coins you need to learn a little about the coin that would not become "investor". Yet he still LBRY very interesting project, and has already received good funding

word man, and ya LBRY just dosent fit the investor-coin requirements imo ;p which is good, as it makes it have more natural price nowadays , REAL supply and demand haha
theres still money to be made, but from LBRY i think its on the platform itself (i have been tinkering with the profit share, its some serious potential i think)
im not much of a CREATOR myself, but i will host and score bandwidth and such and do the profit share thing heehee
I saw it at 100k, i looked at the block rewards at that time and thought: holy crap, people are gonna get wrecked, did NOONE do their research? turns out many did not






2300? soon under 1k! As i said no sense to buy it! I'm stupid cause I bought a little!No serious people on it, only few hypers and very small fishes!That means the coin isn't interesting for investment!In the nearest future it'll be a crap!

[etoque]

how can you be serious  

Obviously what you want to see here,like many people,is dev hyping for nothing,make announcement and everything to pump the price up... It will,i mean the price will growth over time,market cap is very tiny ! but with time and hard work because platform will be usefull,with full of quality content. The great thing of that ? Healty long term and sustainable price.

Patience.


Also the 'not serious people ' make me laugh  This professionnalism here made me remember early time of ETH

[mrtrust]

how can you be serious  

Obviously what you want to see here,like many people,is dev hyping for nothing,make announcement and everything to pump the price up... It will,i mean the price will growth over time,market cap is very tiny ! but with time and hard work because platform will be usefull,with full of quality content. The great thing of that ? Healty long term and sustainable price.

Patience.


Also the 'not serious people ' make me laugh  This professionnalism here made me remember early time of ETH

i didn't learn project! probably developers are good and project too, but everything is simple, whales are not interested of it, no investment - no future! And don't forget hundreds of coins have finished their life!

[etoque]

how can you be serious  

Obviously what you want to see here,like many people,is dev hyping for nothing,make announcement and everything to pump the price up... It will,i mean the price will growth over time,market cap is very tiny ! but with time and hard work because platform will be usefull,with full of quality content. The great thing of that ? Healty long term and sustainable price.

Patience.


Also the 'not serious people ' make me laugh   This professionnalism here made me remember early time of ETH

i didn't learn project! probably developers are good and project too, but everything is simple, whales are not interested of it, no investment - no future! And don't forget hundreds of coins have finished their life!

we got an interesting point here,you don't know anything of lbry and shoot up its scam and dead because you're not in green at the moment

So people was in ETH in august 2015 and waiting for convention/dapp/work to goes out wasn't investor,opportunist  ? They have wait long time and get great reward,it happen to good coin with long term viable development. The truth is they are not interested because they haven't read or patience to wait,but this is a big mistake I strongly believe  

[CjMapope]

how can you be serious  

Obviously what you want to see here,like many people,is dev hyping for nothing,make announcement and everything to pump the price up... It will,i mean the price will growth over time,market cap is very tiny ! but with time and hard work because platform will be usefull,with full of quality content. The great thing of that ? Healty long term and sustainable price.

Patience.


Also the 'not serious people ' make me laugh  This professionnalism here made me remember early time of ETH

i didn't learn project! probably developers are good and project too, but everything is simple, whales are not interested of it, no investment - no future! And don't forget hundreds of coins have finished their life!

ya , see your pretty much answering your own problem understanding there :/ LBRY is NOT "hundreds of coins" and the fact that you admit you have no idea about what it is or does or any involvement blinds you from seeing that :/
THAT is how noob traders get wrecked sadly :/
good "investments" (trades) are made from solid projects you have researched, b4 blindly buying :/
GET INVOLVED in a project a bit before buying it, IMO. Helps trading for sure , i mean look at AMP/Synereo drama, anyone involved watching that train wreck got out WELL in time, and anyone had access TO watch it. but having no knowledge in a market but trying to play it? financial suicide

[mrtrust]

how can you be serious  

Obviously what you want to see here,like many people,is dev hyping for nothing,make announcement and everything to pump the price up... It will,i mean the price will growth over time,market cap is very tiny ! but with time and hard work because platform will be usefull,with full of quality content. The great thing of that ? Healty long term and sustainable price.

Patience.


Also the 'not serious people ' make me laugh  This professionnalism here made me remember early time of ETH

i didn't learn project! probably developers are good and project too, but everything is simple, whales are not interested of it, no investment - no future! And don't forget hundreds of coins have finished their life!

ya , see your pretty much answering your own problem understanding there :/ LBRY is NOT "hundreds of coins" and the fact that you admit you have no idea about what it is or does or any involvement blinds you from seeing that :/
THAT is how noob traders get wrecked sadly :/
good "investments" (trades) are made from solid projects you have researched, b4 blindly buying :/
GET INVOLVED in a project a bit before buying it, IMO. Helps trading for sure , i mean look at AMP/Synereo drama, anyone involved watching that train wreck got out WELL in time, and anyone had access TO watch it. but having no knowledge in a market but trying to play it? financial suicide

hm, we will see! i did not learn project only trade on it! i'm not a developer i'm a trader!

[cryptoba]

Hi LBRY community,

I see on coinmarkcap 43 Million available supply and 440 Million total supply.
Would be great if someone could give any information on this topic.

Thank you.

[CjMapope]

Hi LBRY community,

I see on coinmarkcap 43 Million available supply and 440 Million total supply.
Would be great if someone could give any information on this topic.

Thank you.

um, prob what you want will be the info at : https://lbry.io/faq/credit-policy

LBRY chose to premine and have a long term PoW, instead of an ICO , but ya the site expliain better than me ;p

the 43 million is probably whats been mined and given away whereas the rest sit at https://explorer.lbry.io/richlist for the stuff in the credit policy article i believe

[lenyro]

Hi LBRY community,

I see on coinmarkcap 43 Million available supply and 440 Million total supply.
Would be great if someone could give any information on this topic.

Thank you.

um, prob what you want will be the info at : https://lbry.io/faq/credit-policy

LBRY chose to premine and have a long term PoW, instead of an ICO , but ya the site expliain better than me ;p

the 43 million is probably whats been mined and given away whereas the rest sit at https://explorer.lbry.io/richlist for the stuff in the credit policy article i believe

Such huge amount premine is similar to an ICO, dev team get enough incentives for future development, now that LBRY is trading on Poloniex, I wonder will the coin pump hard again in the future, especially when the product releases.

[CjMapope]

Hi LBRY community,

I see on coinmarkcap 43 Million available supply and 440 Million total supply.
Would be great if someone could give any information on this topic.

Thank you.

um, prob what you want will be the info at : https://lbry.io/faq/credit-policy

LBRY chose to premine and have a long term PoW, instead of an ICO , but ya the site expliain better than me ;p

the 43 million is probably whats been mined and given away whereas the rest sit at https://explorer.lbry.io/richlist for the stuff in the credit policy article i believe

Thank you! How reliable is the devs and executive on this project?
What can prevent those coins to arrive on exchanges? Any plan when they will distribute there coins?

IMO, their quite reliable from what i have researched, these guys have some dece backgrounds/accomplishments https://lbry.io/team(to say the least), course i dont know them personally nor am part of the official LBRY team, but i am in the Slack alot haha. They have some juicy ass bounties that could probably eat a million or more of that premine, but i think for now their working mainly on the platform itself rather than much promotion.
Prevention of those coins arriving on exchange? i guess they just keep doing what their doing, as they have prevented it so far! (by self funding and VC funding)

[motodor]

I point a G/hs at lbry at all times and will continue until it isn't profitable.  Also, I don't sell my credits unless I'm playing with the market.  I assume that a higher value will take quite some time because of the different style of block reward.

I do have to admit that I bought in a little too early and lost half its value.  Though with this recent pump I made most of it back. 

Perhaps you are right, growth could busy for a while ... The main thing that the speaker was a positive ...

[adamvp]

Time to buy
next resistance is about 16k sat

[chahalung]

https://lbry.mx-pool.com/index.php?page=statistics&action=pool

Lbry Pool with no fee!

[jiggytom]

Lbry CEO presenting tomorrow at Construct 2017: http://www.coindesk.com/events/construct-2017/speakers/

[chichidori]

That a good thing it will be a great promotion for the LBRY. the steady grow on net hash is a sign that the community is liking what they see.

[motodor]

Good news is always pleasing!)

[pragmatic gut]

Time line has changed for the whitepaper. Looks like they pushed it back a month to March 1. I thought it was going to be 2/1?

https://lbry.io/roadmap

[symbiant]

give 2000 lbry for who help me with solo mine...