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Author Topic: LBRY will release next month, is good investment right now?  (Read 2377 times)
altcoiner555
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March 27, 2017, 12:41:12 PM
 #21



Only 56 million exist right now.



Yes, 56 million is available for trading presently, but the close to 500 million tokens is in the hands of the developers, I think this is what put most people away from the project initially. The figure is too huge and 10% of that price can move the price significantly

No different than several other projects that have a much higher market cap. And LBRY devs have always been transparent on the accounting, even notified us when they move small amounts.
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PovertyByte
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March 27, 2017, 06:48:13 PM
 #22



Only 56 million exist right now.



Yes, 56 million is available for trading presently, but the close to 500 million tokens is in the hands of the developers, I think this is what put most people away from the project initially. The figure is too huge and 10% of that price can move the price significantly

I assumed the market cap included all. Wow. This changes a lot
naidray
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March 27, 2017, 07:26:54 PM
 #23

High inflation rate coin has no future, look dogecoin, it is dumped hard after its first hype in 2013-2014.

doge is different though, doge has infinite supply, this has just bad parameters, that need to be addressed if you want the value to increase quickly



Only 56 million exist right now.



Yes, 56 million is available for trading presently, but the close to 500 million tokens is in the hands of the developers, I think this is what put most people away from the project initially. The figure is too huge and 10% of that price can move the price significantly

those money in the hands of the dev were used i think to help lbry grow, or i'm wrong?
You are not wrong but people are worried that dev team would use it for personal benefit instead of growth of the coin. If the dev team just uses the coins the grow the coins value and they have nothing afterwards to show for it, people think they won’t do it.

People suspect that dev team would at least change some coins to fiat currency to cover their expenses of even make a profit, even if not all of the coins. 500 million is a lot of coins to grow this coin, maybe they would use 100-200 to grow it and rest to pay themselves? Who knows maybe they are decent enough to spend all, there is no way of knowing which creates a doubt in peoples minds.



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CryptoMiljonair
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May 16, 2017, 10:13:31 AM
 #24

Cool new updates!

Check out the new superfast BETA LBRY blockexplorer! http://www.cryptodev.xyz

Check out the latest Podcast interview with the CEO: Listen to interview: http://podcastinit.com/episode-109-lb
mudasarali43
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July 21, 2017, 07:40:53 PM
 #25

I think this time is not good time this not is not favourable for Altcoins due to too much rapidly ups and downs the of bitcoin due to thia no effect of any news and segwet hype

shams
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July 22, 2017, 12:02:28 AM
 #26

It looks like a very good coin I am trading it for last 3 months and making a good amount of profit and I am also holding a good amount of LBC and I am sure it will grow good in price in future and it can really give a very good amount of profit.

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