LBRY CREDITS - Unmoderated Thread - LBRY.IO

[mistergee]

Hey - one of the LBRY team here.

Not going to debate but happy to answer questions or concerns.

Also please visit us in Slack at slack.lbry.io - we are usually around.

Lastly, we are most certainly not a 'scam' - you can agree or disagree with our ideas, but please at least read more about the team and project at both blog.lbry.io and lbry.io

Josh Finer
josh at lbry.io

[Canaanite]

how many LBRY credits are approximately being generated by mining each day?

[chris190]

windows wallet? Only linux? 

[scryptr]

NVIDIA GPU Miner:

Let me know if you want this miner we have to pay developer bounty for it.

it would be great to have a nvidia miner!
i'm already on it with my main rig, but i still have one computer with two nvidia in sli(used to play games  ) and if we get a nvidia ccminer i would definetly put it to mine lbry.

TPRUVOT HAS RELEASED THE NVIDIA LBC MINER--

You can get it at www.cryptomining-blog.com, or "https:github.com/tpruvot/ccminer".  It works well, 50MH/s on a 750ti, 230MH/s on a 980ti.       --scryptr

[tbearhere]

How many coins per block plz?  Thx

[ocminer]

How many coins per block plz?  Thx

Look here:

https://lbry.suprnova.cc/index.php?page=statistics&action=blocks

[bbc.reporter]

Hey - one of the LBRY team here.

Not going to debate but happy to answer questions or concerns.

Also please visit us in Slack at slack.lbry.io - we are usually around.

Lastly, we are most certainly not a 'scam' - you can agree or disagree with our ideas, but please at least read more about the team and project at both blog.lbry.io and lbry.io

Josh Finer
josh at lbry.io

I've looked at your project and don't see any positives, honestly.

It looks like some guy who has followed the coin market and knows what is hot cooked up a scheme to make a lot of money. He called some of his old buds from Rensselaer and sold them. My guess is that most of the guys on the "team" believe it is a legitimate project, but a few who are quicker are starting to see the problems.

The word scam usually conjures up an image of poorly dressed malicious people, but most things that turn out to be scams are just regular people who see a way to make money and to pull in people who are too trusting. You guys seem to have it arranged so you will make a lot of money, and you are all pretty smart and clever and plugged in, so it might drag on for a while.

What I've read on your site is well presented, nicely written, your people are smiley and smart and educated, some good credentials etc. All that is lacking is the actual substance. You take a lot of real concepts, some of them very timely like 'post scarcity' as it relates to digital things, and you mention a lot of big ideas but you seem to totally gloss over the places where you should be providing substance, such as what you actually offer over regular torrent clients. If people have to choose between a decentralized torrent atmosphere, which exists, and a centralized blockchain based app that forces them to trust you and makes you the Bill Gates of torrents, why would they choose you? It doesn't make sense. I don't see anything positive about your product except that it would satisfy some industry concerns about digital content, but there are a lot of negatives. You look like a corporate project at best, an attempt to circumvent torrents, or a kind of cheap quick money scheme at worst.

You can take some comfort that I am a cranky old guy who doesn't have too much education and your group is heavily schooled and successful, so maybe I am wrong    as I sometimes am.

Interesting. I have read all your posts in this thread and I have to admit that I now have second thoughts in LBRY. But let me ask you a question.  I would like to know what you think of alexandria.io? I haven't read deep into it but I think it is more or less the same as LBRY but it uses bitcoins as payment and also the florincoin blockchain.

[AmoreJaz]

i would be willing to agree with the marketing situation of any coin, it has been a few years that only a few coins have been put on the market that have an actual VALUE, everything is now how it is marketed and if the devs stay with it and follow trends or not! making a trend  only works once in a blue moon

[tbearhere]

How many coins per block plz?  Thx

Look here:

https://lbry.suprnova.cc/index.php?page=statistics&action=blocks

Thx oc going to mine at your pool with my 750ti rig to try out. 

[ashapasa]

Watching

[bigs21024]

I think that LBRY CREDITS looks like a great project, and hey, no ICO.  

In other words 100% premine. Just like XRP.

Coin supply is already 400,259,536 so market cap at 0.002 btc is about 800,000 btc or usd 510,000,000.

Get ready for the dump.

https://lbry.io/news/mysterious-100k-lbc-revealed
"Many of you are now paying very close attention to our blockchain to see what we’re up to - which we very much welcome. ... did you happen to notice a 100,000 credit transfer to a Bittrex wallet on Thursday? Perhaps that came as a bit of a surprise?"

"Well, worry not. This doesn’t represent a nefarious plan to dump a bunch of credits on the market. Rather, it’s the result of a deal with a very well-known name in crypto to add LBRY credits to their platform. ...."

ha ha

The scam du jour is coins that store files on other peoples' computers. Thought siacoin was ridiculously overvalued until this came along.

wish they would send some to my wallet lol

[adhitthana]

Hey - one of the LBRY team here.

Not going to debate but happy to answer questions or concerns.

So according to coinmarketcap there are presently 2.7m LBC, but eventually there will be 400M.
Is that right and where can we see an emission curve?

[adhitthana]

delete

[altcoinrich]

I think that LBRY CREDITS looks like a great project, and hey, no ICO.  

In other words 100% premine. Just like XRP.

You are right, this has very high risk, they can dump the coins when the price is high, it depends on the team is honest or not. I won't hold this for long term, cause miners can dump it to null.   

[bitowl]

has this bottomed out yet or will it be one of those .02cents shitcoins?

[raphma]

how would anybody know?...
the project still legit so calm down.

[bitowl]

how would anybody know?...
the project still legit so calm down.

The project sound interesting but they premined 200 million coins for a coin that is currently worth 36cents. It doesn't make any sense for it to be valued so high.

[tbearhere]

how would anybody know?...
the project still legit so calm down.

The project sound interesting but they premined 200 million coins for a coin that is currently worth 36cents. It doesn't make any sense for it to be valued so high.

IMO the cost in generating this coin the price should be $2 to $3 or more.

[DreamSpace]

how would anybody know?...
the project still legit so calm down.

The project sound interesting but they premined 200 million coins for a coin that is currently worth 36cents. It doesn't make any sense for it to be valued so high.

IMO the cost in generating this coin the price should be $2 to $3 or more.

is it so hard to mine?

[tbearhere]

how would anybody know?...
the project still legit so calm down.

The project sound interesting but they premined 200 million coins for a coin that is currently worth 36cents. It doesn't make any sense for it to be valued so high.

IMO the cost in generating this coin the price should be $2 to $3 or more.

is it so hard to mine?

Nope very very easy.