Spacemarko
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August 25, 2016, 06:46:37 AM |
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Like in politic, start some totally different polemic, and ignore real problem - PRICE IS 0.00018!!!
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ocminer
Legendary
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Activity: 2688
Merit: 1240
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August 25, 2016, 06:48:30 AM |
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Like in politic, start some totally different polemic, and ignore real problem - PRICE IS 0.00018!!!
;-) Just wait... It'll be back up.. Half world is mining this coin currently..(and dump...)
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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sp_
Legendary
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Activity: 2954
Merit: 1087
Team Black developer
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August 25, 2016, 06:53:10 AM |
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This coin is not dead. Alot of activity on github. https://github.com/lbryio
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Spacemarko
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August 25, 2016, 07:17:22 AM |
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It is not dead, but for the miner is 99% dead
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CjMapope
Legendary
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Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
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August 25, 2016, 07:23:58 AM |
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Like in politic, start some totally different polemic, and ignore real problem - PRICE IS 0.00018!!!
why is the price down a problem? because of poor investment choices on your behalf? or because people looked at LBRY as investment, NOT as miners? :p really, there will be 1 billion tokens in the end, what IS your price? :p remember this isnt your typical, "mine as much as possible then dump coin..." and im sorry but marko, lets face it, your a "mine as much as possible for quick flip" person, this coin will NOT fit your bill, sorry?
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~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool!
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Spacemarko
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August 25, 2016, 07:28:42 AM |
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Ok, porno people , understand totally, LBRY is not for miners, thank you for clarifying this. P.S "mine as much as possible then dump coin..." - OH YES IT IS!!!
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johnnywoo2015
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August 25, 2016, 07:50:44 AM |
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OK... when dump rage will stop
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ocminer
Legendary
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Activity: 2688
Merit: 1240
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August 25, 2016, 07:51:23 AM |
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OK... when dump rage will stop When mining rewards go down again.
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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CjMapope
Legendary
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Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
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August 25, 2016, 07:53:23 AM |
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Ok, porno people , understand totally, LBRY is not for miners, thank you for clarifying this. P.S "mine as much as possible then dump coin..." - OH YES IT IS!!! you seem to have trouble with English... where did i say "LBRY is not for miners"..... no point debating you i suppose, apparently we speak different 1st languages.... ;p
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~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool!
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johnnywoo2015
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August 25, 2016, 07:54:11 AM |
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OK... when dump rage will stop When mining rewards go down again. How much the current block reward?
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Spacemarko
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August 25, 2016, 08:01:49 AM |
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Ok, porno people , understand totally, LBRY is not for miners, thank you for clarifying this. P.S "mine as much as possible then dump coin..." - OH YES IT IS!!! you seem to have trouble with English... where did i say "LBRY is not for miners"..... no point debating you i suppose, apparently we speak different 1st languages.... ;p Ok, put the jokes beside. Provide steady price, and we will speak the same language! If the LBC is intended for miners, in that case price needs to be flat, or around 10% up and down. LBC price is going down, and no stopping, so for the miners this is real hell. Am I wrong? Don't think so, regarding number of miners every day is less, and less.
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ocminer
Legendary
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Activity: 2688
Merit: 1240
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August 25, 2016, 08:09:59 AM |
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OK... when dump rage will stop When mining rewards go down again. How much the current block reward? 293 going up to 500 and then declining again
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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johnnywoo2015
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August 25, 2016, 08:11:29 AM |
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OK... when dump rage will stop When mining rewards go down again. How much the current block reward? 293 going up to 500 and then declining again Thanks for the info, is there any estimated time till next round?
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CjMapope
Legendary
Offline
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
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August 25, 2016, 08:12:02 AM |
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Ok, porno people , understand totally, LBRY is not for miners, thank you for clarifying this. P.S "mine as much as possible then dump coin..." - OH YES IT IS!!! you seem to have trouble with English... where did i say "LBRY is not for miners"..... no point debating you i suppose, apparently we speak different 1st languages.... ;p Ok, put the jokes beside. Provide steady price, and we will speak the same language! If the LBC is intended for miners, in that case price needs to be flat, or around 10% up and down. LBC price is going down, and no stopping, so for the miners this is real hell. Am I wrong? Don't think so, regarding number of miners every day is less, and less. "it being real hell" who's decision was it ? Provide steady price? who does the LBRY team owe that too, you? because you CHOSE to invest with power costs to mine? there was NO ICO, they don't need to "provide steady price" to anyone.... honestly, how do you EXPECT them to do just that? where does the $$$ come from to buy all the MINERS coins? they haven't sold any premine... or do you expect them to do it from their OWN pocket because of YOUR choice to mine? its dosent make sense dude, be reasonable, "jokes aside". price is in correlation to current block reward , plain and simple. keep in mind many miners have little to no power costs. OC miner said this simply above.
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~Got this girl in my bed, a roof over my head, i mint a couple coins a week, and thats how i make bread~ ~On the 12th day of Hatzvah, OGminer said to me: "compute root of the merkle hash tree!"~ Prohashing -- Simply the best Multipool!
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ocminer
Legendary
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Activity: 2688
Merit: 1240
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August 25, 2016, 08:20:02 AM |
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OK... when dump rage will stop When mining rewards go down again. How much the current block reward? 293 going up to 500 and then declining again Thanks for the info, is there any estimated time till next round? You can actually see it here pretty good: https://github.com/lbryio/lbrycrd/blob/master/src/main.cpp#L1602-L1619That means we're going up 1 coin every 100 Blocks until we reach Block 50000 where we'll be at max reward and from there on we'll be declining again. So, yes, expect (much) more dumping until the rewards fall again.
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suprnova pools - reliable mining pools - #suprnova on freenet https://www.suprnova.cc - FOLLOW us @ Twitter ! twitter.com/SuprnovaPools
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Spacemarko
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August 25, 2016, 08:54:04 AM |
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OK... when dump rage will stop When mining rewards go down again. How much the current block reward? 293 going up to 500 and then declining again Thanks for the info, is there any estimated time till next round? You can actually see it here pretty good: https://github.com/lbryio/lbrycrd/blob/master/src/main.cpp#L1602-L1619That means we're going up 1 coin every 100 Blocks until we reach Block 50000 where we'll be at max reward and from there on we'll be declining again. So, yes, expect (much) more dumping until the rewards fall again. So next, let say, one month will declining again?
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karakondjo
Newbie
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Activity: 20
Merit: 0
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August 25, 2016, 09:28:27 AM |
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SpaceMarko = SpamMarko
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cannabanana
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August 25, 2016, 09:31:35 AM Last edit: August 25, 2016, 09:48:01 AM by cannabanana |
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OK... when dump rage will stop When mining rewards go down again. How much the current block reward? 293 going up to 500 and then declining again Thanks for the info, is there any estimated time till next round? You can actually see it here pretty good: https://github.com/lbryio/lbrycrd/blob/master/src/main.cpp#L1602-L1619That means we're going up 1 coin every 100 Blocks until we reach Block 50000 where we'll be at max reward and from there on we'll be declining again. So, yes, expect (much) more dumping until the rewards fall again. So next, let say, one month will declining again? let's just say that we are half way through with the inflation so in about 30 days we will hit max inflation. So there will be like 9-10 million coins in circulation by block 50000. Right now, every 5k in price is 25% decrease in value sooooo It will become harder and harder to push it down imo. Oh and I'm pretty sure people will start hoarding their coins long before the inflation stops. I don't really worry about the pre-mine. Think of it this way, eventually if this project does work out well and they can snag up a couple of Major Hollywood distributors like MGM, Sony, Universal I think LBRY giving them like 2-3 million coins would be good so they can really snag up their legitimate links. The future is bright for this coin, I'm mining and going to be buying on the dips. This coin has a serious future. Don't think price now, think price when a shit load of real movie/music companies pump the shit out of lbry. Don't Panic. This is LBRY's future. and for those talking about 1.2 billion coins, that's like after 20 damn years.
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sp_
Legendary
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Activity: 2954
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Team Black developer
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August 25, 2016, 11:42:37 AM |
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Smart move from the billion dollar coin developers. Double the mining reward in the 3 first months to make sure that the early miners dump them for a few satoshis. Then slowly accumulate when the coins are cheap.
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gnargnar
Legendary
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Activity: 1111
Merit: 1000
crypto-enthusiast since 2012
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August 25, 2016, 12:49:37 PM |
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OK... when dump rage will stop When mining rewards go down again. How much the current block reward? 293 going up to 500 and then declining again yup. Probably in around 40 days LBRY will reach it's peak mining rewards. Don't expect big price increase 'till then... miners dumping pressure will continue and intensifies I personnally keep LRBY as a good coin, hot tech, interesting project, but will keep it on my watch list until it reach around 12k satoshis price to consider buying it. meanwhile, for those LBRY fans around here, the next month is a good opportunity for you to accumulate more and get to your desired shares %. Good Luck
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