I see where you are coming from regarding the invites and price. Regarding the price, there's not much you can do if miners are dumping this coin, especially since Claymore has developed a dual miner and nice hash has support for it. Yes, it's a profitable coin for a reason, and that means it will attract miners, but miners need to cash in sometimes too.
Regarding the invites, I believe the team felt like the platform wasn't ready for mass user influx, and they want to get an official Windows client out. Also, a large amount of those invites may be fake referrals, so they may not end up being paid. The invite only gives you 25 LBC, which is like 2 dollars right now. You can still use the platform right now without an invite. If you want to download paid content, you have to buy some LBC on poloniex, or do something of note to help the team on Slack and there's people tipping all the time!
TLDR: miners gonna dump, it's buyers we need. Don't need invite to use platform, download now from github!
Miiike, whole LBC storry is fake. Price is going below 0.0001 today.
Even now it is not profitable comparing to ETH+SIA combo.
So actually there were no coin being distributed for giveaway promotion and nobody is receiving coin for promoting and inviting people to signing up on their site?
NO. Just free furry porn.
Stop spreading fud. Referrals will be paid once more users are let in... They are only releasing a couple hundred at a time.
This coin is still more portfitable to mine on Nvidia than any other coin. But who cares about that right... The true value is in the vision, project team and platform.
I've seen a lot of the big coins of today filled with years of people talking about them being dead before. I wasn't around during that to recall the actual experience of seeing the prices change with the times. What I do know right now is the price is so low compared to what it once was and shouldn't be dropping off so much when the block rewards are decreasing. With this thing about the invites not coming through it makes me question how serious the devs are. It's a very bad idea to waitlist people for over many months and what may be a year at this rate. Because by the time the email gets through about the invite, the interest may already be gone.
I hope this pulls through. I'm not selling my credits which I could have long ago because this is actually something different
I might have to just stop checking in on this and just wait a year or so when it picks up. I can either sell my credits or use them on the platform that day