LBRY.IO - DICUSSION THREAD

[GRR]

Its funny when I re-read the posts from last week that says Lbry is about to moon soon.........

from a scale of 1 to nuclear meltdown: How do you feel right now?

Look at other stuff and the overall market cap. These days are bearish and boring. Good times to accumulate whatever you want though.

[*MrPiP*]

Its funny when I re-read the posts from last week that says Lbry is about to moon soon.........

from a scale of 1 to nuclear meltdown: How do you feel right now?

All alts are red, LBRY is just one of many many red alts. It will recover. I'm sure it's a great purchase under 20k sato!

[Arvydas77]

While it is difficult to guess in which direction LBRY is going in terms of value but correction was serious. I have spotted that LBRY drops very hard in red times.

[GRR]

While it is difficult to guess in which direction LBRY is going in terms of value but correction was serious. I have spotted that LBRY drops very hard in red times.

Even the best projects in the Top10 had seriously heavy corrections due to panic sells because they do not believe in the success yet. When there is more actual development, good resonance on a wider field, things usually explode as soon as there is some slight hype, that is how it always works. When the lows are dramatic, the highs will also be strong. And of course vice versa.

[flowjob]

Hi,

i want to add LBC to BarterDEX, a decentralized Exchange, and i need to know if some parameters for LBC i used are in fact correct.

These are the parameters i need:
{\"coin\":\"LBC\",\"name\":\"lbrycrd\",\"rpcport\":9245,\"pubtype\":85,\"p2shtype\":122,\"wiftype\":28,\"txfee\":10000 }

I looked here https://github.com/lbryio/lbrycrd/blob/master/src/chainparams.cpp#L176 and managed to find the right values for
pubtype = base58Prefixes[PUBKEY_ADDRESS] converted to decimal
p2shtype = base58Prefixes[SCRIPT_ADDRESS] converted to decimal
wiftype = base58Prefixes[SECRET_KEY] converted to decimal

But what about the txfee? How high is that for LBC?

For the people interested:
https://www.supernet.org
https://github.com/jl777/SuperNET

[grchina]

At least diff is following the price 

[Arvydas77]

Too much stupid panic sell. People will regret doing this soon. It is only emotions. Don't sell LBRY, you're making rich other people and deprive yourself. Be smart, hodl.

[SteinGalen]

Please let it plummet. I want to buy .

[dricoteixeira78]

Lbc is currently the currency that falls the most, every day now falls from 20 to 30%. shame

[Thetaj]

Great time to buy would be >0.0001 btc

anything above that and you're  risking it. Its fun to be right for once and cashed out to fiat. Now lets see where this bear drags the corpse this time around.

[Arvydas77]

Great time to buy would be >0.0001 btc

anything above that and you're  risking it. Its fun to be right for once and cashed out to fiat. Now lets see where this bear drags the corpse this time around.

I think it will recover in a few weeks or in a month but if it is the burst of bubble we'll see such a downs we never haven't.

I'm going on vacation from the markets.

[Thetaj]

Great time to buy would be >0.0001 btc

anything above that and you're  risking it. Its fun to be right for once and cashed out to fiat. Now lets see where this bear drags the corpse this time around.

I think it will recover in a few weeks or in a month but if it is the burst of bubble we'll see such a downs we never haven't.

I'm going on vacation from the markets.

I'm not trying to be an ass, but I think thats the best course of action for people who still love crypto's. I still think Lbry is going places, but just not right now, maybe not for another year

[Arvydas77]

Great time to buy would be >0.0001 btc

anything above that and you're  risking it. Its fun to be right for once and cashed out to fiat. Now lets see where this bear drags the corpse this time around.

I think it will recover in a few weeks or in a month but if it is the burst of bubble we'll see such a downs we never haven't.

I'm going on vacation from the markets.

I'm not trying to be an ass, but I think thats the best course of action for people who still love crypto's. I still think Lbry is going places, but just not right now, maybe not for another year

Kind of agree with you. If you can accumalate a huge sum of LBRY, you should be happy in 2-3 years. Long term holding is very good thing. No big stress, just your goals.

[densm]

So why does LBRY needs to use LBC instead of BTC. BTC will always be more stable and much more people are familiar with it. Do I miss something?

[Thetaj]

So why does LBRY needs to use LBC instead of BTC. BTC will always be more stable and much more people are familiar with it. Do I miss something?

I'd wager its because most videos that we watch ends quicker than the confirmation time on the Bitcoin network.

Think about it............Say you're watching a video for 1lbc (25 cents or whatever) for 2 minutes and you close it and watch something else, another 1 lbc. That is a ton of micro-transactions that is pretty much screwed if you're using bitcoin. Hell, I don't even think Litecoin can handle that amount of transaction being kicked around a system.

Since Lbry wants to be its own little ecosystem, I don't mind that it has its own token (LBC is not an actual coin like, if you wanna mine an actual profittable coin, go for mona or something).

What I do have issue with is the 400million premined lbc: for a platform that touts decentralization, we're putting an awful lot of faith into the hands of very few (acne covered) developers

[uacoin]

I think it's time to buy back our LBC coins while it is not too late

[DES_MX]

Markets are on the rebound today, some are up 20% or more, let's see how far it goes

[luckyluckybear]

Now LBC oversold, the time to fill out their portfolios. In general, the fall should have been less so it's time to buy, as we see the volume grew

[densm]

Ok, so you say BTC have its problems so LBRY use LBC. Will LBRY switch to BTC if it is fixed? I don't think so. Will LBC face same problems if it grows enough?

[fistfullofbtc]

Ok, so you say BTC have its problems so LBRY use LBC. Will LBRY switch to BTC if it is fixed? I don't think so. Will LBC face same problems if it grows enough?

the easiest way is a shapeshift thing, lbry still the token but use btc et. i don;t see any problem with lbry using lbry, i think they should be marketing more, as still a lot don;t know what it is. i think a lot think it is a library based on the name, i did. they really need to pay a couple of big time stars to use the platform and that would attract users.