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Author Topic: [ANN][LMC] LoMoStar - First built-in Cryptocurrency LBS Entertainment App  (Read 70097 times)
faccariera
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June 22, 2017, 04:54:26 PM
 #61

I actually google-translated that quote and here`s the summary:

They are planning on extending it to japan, sea, russia, europe.
They got some new devs from outside china helping them out.
They will be attending some conferences and there are some releases planned for july/august.

I guess it`s a good time to jump in.

Regards
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PeterTheGrape
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June 22, 2017, 06:21:12 PM
 #62

Hard to find much substance to this coin, aside from a wallet and website.

First twitter mention was by https://twitter.com/redtheminer but almost no mention by anybody after that, less than one page of hashtag https://twitter.com/hashtag/lomocoin?src=hash

Somebody who speaks Chinese could Google search site:8btc.com 邻萌宝 and try to figure it out.

Very possible it is a fake coin built on nothing, or could be an ambitious project that just needs time.

...
johnantony
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June 22, 2017, 07:51:38 PM
 #63

hi i have a problem, i withdraw lmc from my bittrex but never came into my wallet, address is rght and on bittrex withdraw completed, my wallet now there is this 'warning: checkpoint is too old. wait for block chain to download, or notify developers of the issue. so what i must do please?
kuky004
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June 22, 2017, 07:53:11 PM
 #64

 Angry领萌宝终于飞了,但是我也没有币了
PeterTheGrape
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June 22, 2017, 08:19:09 PM
 #65

Hard to find much substance to this coin, aside from a wallet and website.

First twitter mention was by https://twitter.com/redtheminer but almost no mention by anybody after that, less than one page of hashtag https://twitter.com/hashtag/lomocoin?src=hash

Somebody who speaks Chinese could Google search site:8btc.com 邻萌宝 and try to figure it out.

Very possible it is a fake coin built on nothing, or could be an ambitious project that just needs time.

...

WTF?  I've posted numerous times in this thread, pointing out the WeChat announcement.  Do you know what WeChat is?  A social network with a user base second only to Facebook.  WTF is 8btc?  8btc is a bullshit site with barely any users.  Why would you go looking there?  Because some Americans told you it's a good site in China?  LOL.  

Of course there won't be any info on Twitter or Reddit, etc.  Twitter isn't used much in China and neither is Reddit.  This is a Chinese coin.  One of the co-founders has a PhD from one of the top schools in China.  This coin is real and it's being supported by the smartest developers. 

Also, you can download their apps in the Android and iOS app store.  There is nothing fake here.  You are clueless.  There wouldn't be $13mil USD daily volume on this coin if it was fake.  That's the same amount of volume as ANTShares.  

Good luck with investing with your poor research skills.

I don't really understand where you are seeing evidence of anything substantial.

An announcement was posted, and that indicates some user base that somehow is invisible on Google and 8btc?

They have an app, therefore you say they must be giving accurate information?

And somehow us$13m volume in a day, when there is no indication of where the volume comes from, indicates that it is not a pump coin?

I am trying to be clear that I do not know if there is substance to the coin, and I try to find out.

If, as you say, "One of the co-founders has a PhD from one of the top schools in China", you could post some links to bios of coin founders on other sites.

Traffic on the website does not really look consistent with a major project, but it might be, it just isn't clear.

https://w3bin.com/domain/lomocoin.com

Quote
This domain is ranked number 1161476 in the world. We estimate this website generates about $1 USD of daily revenue. It seems Lomocoin.com has about 205 daily visitors.

It looks like a coin that is being pumped, whether there is substance behind the pump I do not know. You probably do not know either, but at least I know that I do not know.
Shiroslullaby
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June 22, 2017, 08:35:39 PM
 #66

I agree with PeterTheGrape. There is still a lot that is unknown right now so its definitely a gamble.
I've been steadily buying this coin since the 750 satoshi range, and I still don't know if this is just a pump and dump or actual speculation because of good news.

Right now we are relying on users like Coinbiz for the information coming from Chinese sources. (Very grateful to Coinbiz for any news he posts!)

I'm actually scared to step away from the computer because of how much this coin has gone up...
Sell or HODL?

If someone is doing a pump and dump they are spending a LOT of money the last few weeks to do it.
I really hope this coin has long-term potential because the premise behind it is very solid.

As Coinbiz pointed out its probably hard to get metrics for visits to the site because it relies on Google Alexa.
We need someone to research how many people in China are checking the website! Smiley

PeterTheGrape
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June 22, 2017, 09:12:19 PM
 #67

...

Google is blocked in China.  Why should it be visible there? 

Baidu is certainly not blocked in China, but searching the phrase "邻萌宝" on baidu.com, from the U.S.

1st result lomocoin website

2nd result 8btc.com thread from 2016

and most of the results that follow are from 2016.

So...
Atlienz404
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June 22, 2017, 10:11:39 PM
 #68

Coinbiz do you have a twitter or stash account so we can talk I invested yesterday but would like to know more from time to time
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June 22, 2017, 10:39:04 PM
 #69

Been in since 6 cents looks like it's going for another spin put the money up fam let's gooooo
Atlienz404
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June 22, 2017, 11:16:54 PM
 #70

Coin add me on twitter same name
Shiroslullaby
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June 22, 2017, 11:29:14 PM
 #71

How many coins do you see that have a market cap putting them in the 100+ rank, yet have Top 12 volume in a 24hr period?

Plus it had a steady volume every day for the last few weeks. Usually between $100,000 and $300,000 a day.
Either this is an extremely well orchestrated pump or someone was buying coins because they knew an announcement was coming.

coininvesting1
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June 22, 2017, 11:36:03 PM
 #72

orchestrated pump with this volume? i highly doubt that.
8rch7
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June 22, 2017, 11:51:27 PM
 #73

How many coins in total supply? Is coinmarketcap's 294,189,147 LMC correct?

same question with me, how many total supply fixed? because I read in OP total supply 1 billion (have strikethrough)
AdamT
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June 23, 2017, 12:11:03 AM
 #74

Lol this coin for real? Not a single graphic on Ann page haha. 24hr volume is 70% of market cap. Something aint right son.
8rch7
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June 23, 2017, 12:12:13 AM
 #75

How many coins in total supply? Is coinmarketcap's 294,189,147 LMC correct?

same question with me, how many total supply fixed? because I read in OP total supply 1 billion (have strikethrough)

Maximum is 600 million.  Current supply is 209 million with a max created thus far of 294 million.  The plan to go international and have a second ICO was in the pipeline all along, which is why only 1/3 of the coins have been released.  So in the second ICO they will simply be releasing an additional 100 million out of the maximum of 600 million, which will not change.  

Given the supply, if you look at say, Ripple with 39 Billion, doing the math, that could put LoMoCoin at a potential upward valuation of $19.  Though, given that LoMoCoin is purely an entertainment game at this point (ad network coming later), the value added is lower, which is why I believe the worst case scenario is roughly $1.  

P.S. If I have time later this evening I'll make a video of the iPhone app on YouTube.  Will post the link here.  I know a lot of people think the app is fake or curious if it's even real etc, so figured I'd share that.  I've used it myself.  Reminds me a lot of Pokemon Go... pretty unique experience.

ok, thanks mate for explaining it. so its released part by part maybe, right?
geepee
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June 23, 2017, 02:05:05 AM
 #76

Anyone had any luck with the app.  Cut find it on the apple app store
alexinv
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June 23, 2017, 05:07:42 AM
 #77

Anyone had any luck with the app.  Cut find it on the apple app store

I didn't find their app in AppStore either  Smiley Who can help or maybe show video with installed app  Wink
alexinv
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June 23, 2017, 07:58:18 AM
 #78

  coinbiz  Smiley, are you official representative, developer or fancier of this coin?
lomocoin
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June 23, 2017, 08:48:33 AM
 #79

They are making an announcement about a deal with a game company in a week, so they are busy with that.


Rumor.
lomocoin
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June 23, 2017, 09:07:01 AM
 #80

LoMoCoin only for China users or will be global app?

LoMoCoin 2.0 will be a global app.
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