LBRY.IO - DICUSSION THREAD

[CryptoScientist]

So I will share with you the following facts from my observations:
1. You all know that the event started with a delay of 5-6 minutes
2. Video because of which allegedly there was a delay so it was not published on any resource (we can conclude that it simply does not exist)
3. The beginning of the event is 19:00 UMT
4. Everyone expected that in this video the release date of Beta release will be called or that it is launched at this moment and in anticipation of this news the price grew
5. We open the LBC/BTC chart and see that the first major sale occurred exactly in the first 5 minutes of the event (just 5-6 minutes everyone was waiting for the beginning of Jeremy's video appeal).
https://i.imgur.com/HStdfPX.png
As you can see, there are all signs of insider trading (it's worth noting that this is illegal in the US), but we can not say that this is really so. Because someone has to admit it (and there are no fools to admit it). I do not want to say that the delay was due to the fact that Jeremy was desperately selling his LBC. But it is obvious that someone with insider information about the next delay in the release of Beta sold coins for almost 97.3 btzc (~ $ 255000) knowing that there will be a drop (this is evident when the Beta release is postponed), while everyone was waiting for a sharp increase. It is obvious that someone close to LBRYteam having information made the sale at the peak.
Those who participated in other video calls with project developers (NXC for example) then I know that the sales / purchases were based on the information received and not until the news was received. I also saw in one of the videos from the blogger that LBRYteam can sell their pre-mine, I do not think they sell it, BUT now I think that something like this can happen because the facts are still bad.
In general, if in a nutshell: someone knew that the event would be bad on the event and sold $ 255,000 on our head (yes, I also suffered a loss of almost 50% as a result of the price decline). It is obvious.
In total, it was sold for more than 500 btc ($1.3 millions) during the event.
https://i.imgur.com/RQtYJt3.png
On this sad note, I stop investing in the LBRY until there is clarity about this trade. I said yesterday & today that I intend to sell my $lbc while I have a profit. Thanks to the latest course jumps that allowed me to smoothly exit in the 21-25k interval.
Perhaps I will not be able to make a profit now as a result of some growth, but at least I will be distant from possible fraudulent manipulation.

But I will not quote others, I will quote myself)
Everything is clear here, with facts and explanations. And the facts are iron thing))

[densm]

Hmmm how are you going to make all these micro payments in Dollar? That is the benefit of using a crypto currency. There is now app without LBC and there is no LBC without the app. Also just to be clear about 1 thing as far as price for content providers, when uploading a video you can choose to have your price set in LBC or USD so if you charge $1 USD for you video and price of LBC dipps you are still paid $1 USD worth of LBC.

I would make it this way: you deposit 10$, pay 0.001$, then you have 9.999$ (can withdraw 9.99$, 0.009$ are left on your dollar app wallet), author gets +0.001$ in his wallet and he can withdraw when he have 0.01$. You have to consider transaction fees here, I'm pretty sure they exist with this kind of programs. So fees may be the point here, but is there no fees on LBC transactions now? Will there be no fees in the future? I just read FAQ (which I should have done in the first place, yeah) and didn't find answers.

FAQ says creators get 100% of the money, but hosters get some money too. Where does it come from? If it is from initial 400kk then will hosters stop getting money?

Is there any way to download all available content and host it?

And my main question. Can someone seed @Wolf0 content please? I will host it after I, hm, use it  

[raoulsergia]

Free bumps for everyone.

Crazy how all coins have a FUD spreader.

I think the FUDsters in this thread especially are most retarded

two new shill accounts talking FUD in bold with red colors in the middle... and no one would relate the two?   


then the best part is one fool bought on the top, got dumped hard and then now is crying with some silly charts. lolxxx
clear he does not understand anything about crytomarkets

if he spent looking at the chart before and not bought the top like a amatuer noob, he wont be crying his FUD here


over all, decent try but borin 

[GRR]

I also bought more at near top, but I will just wait this out. Selling now would be iditioc, just hold it or buy now. Every project has some problems and needs time for development, which is actually the very best time to buy in, because afterwards it is too late. Smart investors buy at the current stage, wait 2-3 months and profit. Anything else is pointless. Dont cry later because you sold with losses now and then it went up again - which is inevitable the more the project gets known and develops.

[Neoliberalism]

The price still falling smh

Now lbry mcap is under 40mil$

Im still optimistics but dont expect big gains as before

Maybe we overestimated this technology

Yeah Bro, I like cheap coins too.


Version v0.13.0 is out today.

https://github.com/lbryio/lbry-app/releases

Lol relax im holding lbry its just that I came to the conclusion that I was overly optimistic in terms on generating gains through a certain time frame... It doesnt mean I dont believe in Lbry.. I do and will continue to hold for at least 2 more months and see how the project develops maybe longer

[justone123]

Yay Yeah this guy is super retarded lol, it's sad though because some people reading through it will actually fall for it though  But anyways, let him bump the thread lol.

Any publicity is better than no publicity.

[BTCdoctor]

These minor corrections are so great so we can make an entry at cheap price..really good!

A lot of talk about LBC on twitter as well, as well as i've seen youtubers mentioning it.. LBC will shine

[Mattthev]

These minor corrections are so great so we can make an entry at cheap price..really good!

A lot of talk about LBC on twitter as well, as well as i've seen youtubers mentioning it.. LBC will shine

We started FB group for LBC mining https://www.facebook.com/groups/1961052344127892/

[justone123]

These minor corrections are so great so we can make an entry at cheap price..really good!

A lot of talk about LBC on twitter as well, as well as i've seen youtubers mentioning it.. LBC will shine

We started FB group for LBC mining https://www.facebook.com/groups/1961052344127892/

which gpu is best for mining LBC? I was thinking about buying

[avirdoz]

These minor corrections are so great so we can make an entry at cheap price..really good!

A lot of talk about LBC on twitter as well, as well as i've seen youtubers mentioning it.. LBC will shine

We started FB group for LBC mining https://www.facebook.com/groups/1961052344127892/

which gpu is best for mining LBC? I was thinking about buying

Gtx 1080 or 1080ti imo

[justone123]

These minor corrections are so great so we can make an entry at cheap price..really good!

A lot of talk about LBC on twitter as well, as well as i've seen youtubers mentioning it.. LBC will shine

We started FB group for LBC mining https://www.facebook.com/groups/1961052344127892/

which gpu is best for mining LBC? I was thinking about buying

Gtx 1080 or 1080ti imo

I guess it's too late to get into mining if you are not doing it already though?

Most cards out of stock, and the MSI that is available costs 800$. I don't think this will get positive ROI ever?

[avirdoz]

These minor corrections are so great so we can make an entry at cheap price..really good!

A lot of talk about LBC on twitter as well, as well as i've seen youtubers mentioning it.. LBC will shine

We started FB group for LBC mining https://www.facebook.com/groups/1961052344127892/

which gpu is best for mining LBC? I was thinking about buying

Gtx 1080 or 1080ti imo

I guess it's too late to get into mining if you are not doing it already though?

Most cards out of stock, and the MSI that is available costs 800$. I don't think this will get positive ROI ever?

Depend on your strategy and environment (cheap electricity and free rent) + mine most profitable coin and convert to lbry may give you ROI in 5-6 months . Ofc there are lot of risks, but my bet if you will do in true way everything will be fine.

[oberotek]

BEWARE: justone123,  Props, avirdoz, GRR are infamous LBC Shills they are DUMPING LBC shit coins while trying to convince new FOOLS to BUY!!!!  The Price is gonna go only down!!!

LBC Shills just need more FOOLS who will buy in and provide liquidity while they are DUMPING this shit

Yes, what are you explaining to them? I told them that the price would fall a week they did not believe, then I told them that the rise is only a correction wave (b) and after it there will be a wave (C) which will bring again a fall))) but they did not believe and bought to them Sold those who did not have time to sell expensive)))

I remember the times when so many people defended Mt. Gox when it was obvious that it was insolvent!  the same is here it's obvious that LBC managed to pull off the Scam with PRE-MINED coins and still bagholders and the shills are desperately trying to cover it.

BAGHOLDERS are desperately trying to protect their investment. Developers are brainwashing them because they need to DUMP onto somebody, but nobody will want to buy this shit anymore and it will be de-listed.

[justone123]

I am literally laughing my ass off reading your comments, thank you buddy 

It's really ironically though, that your token(Decent) is failling horribly though.

[CryptoScientist]

BEWARE: justone123,  Props, avirdoz, GRR are infamous LBC Shills they are DUMPING LBC shit coins while trying to convince new FOOLS to BUY!!!!  The Price is gonna go only down!!!

LBC Shills just need more FOOLS who will buy in and provide liquidity while they are DUMPING this shit

Yes, what are you explaining to them? I told them that the price would fall a week they did not believe, then I told them that the rise is only a correction wave (b) and after it there will be a wave (C) which will bring again a fall))) but they did not believe and bought to them Sold those who did not have time to sell expensive)))

I remember the times when so many people defended Mt. Gox when it was obvious that it was insolvent!  the same is here it's obvious that LBC managed to pull off the Scam with PRE-MINED coins and still bagholders and the shills are desperately trying to cover it.

BAGHOLDERS are desperately trying to protect their investment. Developers are brainwashing them because they need to DUMP onto somebody, but nobody will want to buy this shit anymore and it will be de-listed.

I did not quite understand what should be canceled, but my opinion a big role will be played by the "cancellation" of LBC in the list of traded pairs for polo. The truth of this should not happen, but it's also not entirely clear how polo chooses to add and remove coins to / from the list of trades)))

[avirdoz]

When sockpuppets attack it's almost always good sign. Market price at this moment is nothing, only good code and attracting new users atm is important. Between if you are an artist or someone who works with artists or any relation with media - in slack you can introduce yourself and receive instant invite code from lbry team (if you are really can do something for mass adoption of lbry). And of course bounties for devs if someone miss - https://lbry.io/bounty.

[justone123]

I am thinking about buying some more, but whole market seems to be correcting so not sure about that one.

Anyways daily ups and downs don't really matter, we are there for the long haul anyways.

[justone123]

Yeah well said. We will see, however the 1st of august is a concern. Anyways even if everything falls, i think we won't have to wait years, but like 1 month to get back to the current stage

[justone123]

Yeah well btc is falling and since everything is pegged to btc, the usd ratio drops for everything..

[Ayers]

Yeah well btc is falling and since everything is pegged to btc, the usd ratio drops for everything..

btc is not falling normal price correction, and lbry is falling by 1/3, which is a lot, don't know why they are dumping, maybe investors are taking their profit? investors that bought at 20k satoshi dumping at 30k could make sense, they fear the dumping of the one that bought at 10k, also miners here that accumulated for so long are dumping with this good profit