Post
Topic
Board Announcements (Altcoins)
Re: LBRY.IO - DICUSSION THREAD
by
raphma
on 04/09/2016, 19:57:07 UTC
Someone please post a video interview of the devs. I need to know whether the devs are real. Otherwise, this coin with such a huge premine is likely to be a giant scam.
It sure is. They just bribed polo to dump their shit.

If they dumped, the price would go to 0. And everyone would know they dumped because the coins are in 1 address.  Where is the scam exactly?  The lbry credits allocated at birth were required to fulfill the overall purpose of lbry in the future... These will be given out to artists, content producers, etc to entice them to share their content and from which, everyone else will benefit.

Did you know you get paid to help the network share the content after you download?  If you spend 5 Lbc on something, you could get double or triple or even more back over the lifetime of the file.  

people don't realize we're making micro profits from parts of the file that are being streamed from our computer.  They just added a new section in the wallet page that shows all your payments last night.  This helps out a ton and is proof that the system works and profit is possible for content creators AND content blob holders.

These guys update so much it's crazy AF

Yes payments are real and right to you wallet.

How do I make coins from watching videos?
Sorry for asking but I'm new to LBC, bought a chunk of coins couple of days ago Tongue

download the wallet and send the coins to it.
after that, it will work like any other p2p but you will receive some payments for the files you are streaming(just like torrent).

ps: im still not in the beta, so if im wrong, somebody please correct me.