Pages:
Author

Topic: LBRY will release next month, is good investment right now? (Read 2463 times)

member
Activity: 333
Merit: 11
Yes, I love LBRY!

It has an active community, lots of content publishers and unlike most other crypto projects, LBRY has working software! (it is in beta, but has come a pretty long way)

You can see the bitcointalk-thread of our LBRY community-page at:
https://bitcointalksearch.org/topic/--2665793

Or just go to https://LBRY.Community

You can win contests now! (up to 8000 LBC which is over 5000$ as of 29. Dec 2017)
sr. member
Activity: 350
Merit: 250
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.
full member
Activity: 420
Merit: 100
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
full member
Activity: 161
Merit: 100
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
legendary
Activity: 1232
Merit: 1029
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.
sr. member
Activity: 420
Merit: 250


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
sr. member
Activity: 356
Merit: 250


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.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
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?
sr. member
Activity: 518
Merit: 250
so far I have no further news on LBRY and now I see your conversation about it, this project is long because of how many months to run but I have not seen the results that have been shared bounty and whether LBRY own market. sorry I'm late to get information this..
hero member
Activity: 1876
Merit: 512


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
sr. member
Activity: 356
Merit: 250
Inflation issues are a long term consideration.  Short term it's going up. Open Beta release in a couple of weeks is huge.
sr. member
Activity: 420
Merit: 250
Mining reward is too much, I doubt LBRY will go up very significantly, but it is indeed a great project.

this, the inflation is too high, the rewad will defalte vewry slowly, more than many years to come for small reward, and then you have that the supply is enormous high, too bad indeed because it was a cool project, the parameters killed it, if they cna hard fork and burn some of the supply they would do good
i agree mate, if they can talk about this and manage to lessen the supply maybe the value would be much better, its been a long journey for
LBRY and might be a good investment to look forward, i seen that whenever new post like this showed up the coin moves up and rallied like
what happen to xrp and dcr so better to keep an eye from it.

Only 56 million exist right now. Suppose a LBRY credit was worth a dollar the market cap would be below top 10 right now.

If LBRY were to be a huge service than you need to imagine how much volume would be going through the network. It's better that the circulation is high because who likes counting down from 1 BTC on everything. No mainstream product will be user friendly if you have to say sure here is 0.00000000056584 or 0.00000043584375

Why count the zeros with no commas and stuff?

Maybe when the mining reward shrinks enough the total circulation would call for 0.25 USD per credit, that's fine. People will mostly count up on stuff.
hero member
Activity: 1876
Merit: 512
I am thinking about to invest in LBRY because it was a long project and will release next month, does it have potential to cost much more than it costs now?
What do you think?

The problem I see with LBRY.io is that their news updates don't have impact on the price of the tokens, I notice this trend throughout last year, betting on the price pump but the price keeps dropping. I don't know if this will change this year though
sr. member
Activity: 306
Merit: 250
High inflation rate coin has no future, look dogecoin, it is dumped hard after its first hype in 2013-2014.
sr. member
Activity: 356
Merit: 250
Compared to everything else, LBC market cap is low and undervalued. Innovation and sheer quantity/quality of Github commits relative to shitcoins that have 20x marketcap mean LBC is an excellent investment.  No brainer.
hero member
Activity: 2128
Merit: 520
Mining reward is too much, I doubt LBRY will go up very significantly, but it is indeed a great project.

this, the inflation is too high, the rewad will defalte vewry slowly, more than many years to come for small reward, and then you have that the supply is enormous high, too bad indeed because it was a cool project, the parameters killed it, if they cna hard fork and burn some of the supply they would do good
i agree mate, if they can talk about this and manage to lessen the supply maybe the value would be much better, its been a long journey for
LBRY and might be a good investment to look forward, i seen that whenever new post like this showed up the coin moves up and rallied like
what happen to xrp and dcr so better to keep an eye from it.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
Mining reward is too much, I doubt LBRY will go up very significantly, but it is indeed a great project.

this, the inflation is too high, the rewad will defalte very slowly, more than many years to come for small reward, and then you have that the supply is enormous high, too bad indeed because it was a cool project, the parameters killed it, if they can hard fork and burn some of the supply they would do good
hero member
Activity: 672
Merit: 500
and therefore are highly inflationary

currently yes but reward already dropped from 500 to 425 or 15% in less than 1 year
full member
Activity: 237
Merit: 250
Mining reward is too much, I doubt LBRY will go up very significantly, but it is indeed a great project.
hero member
Activity: 644
Merit: 500
I am thinking about to invest in LBRY because it was a long project and will release next month, does it have potential to cost much more than it costs now?
What do you think?

what is new project in libary coin until you want buy much libary coin
i think is good project and can get return profit to LBRY company, Libraryi coin can incraese price
Pages:
Jump to: