Post
Topic
Board Announcements (Altcoins)
Re: LBRY.IO - DICUSSION THREAD
by
fezington
on 03/10/2016, 23:29:48 UTC
See below for formula used within the code.  X is the # of days. 

http://www.wolframalpha.com/input/?i=plot+floor((floor(sqrt(x*144+%2B+1)+-+1)%2F2)*-1+%2B+500,+x+%3D+0+to+7300

in 100 days, it will be at 440.

damn too slow, the interest may shift on something else and lbry might be forgotten

should have been faster until 250, and then slow like that until 50 or so

"too slow" based on your assessment...I'm sure this was all very well thought out.  The hashrate is rapidly increasing, which means more miners are finally realizing the potential of LBRY.  I especially liked the slow mining start (something zCASH will be doing) and the ramp up - it evens the playing field and allows everyone who is interested to get in on the project.

I believe in LBRY long term - there are no competitors coming even close to what their vision is, they have a working product, a very professional and dedicated dev team and I'm sure sooner or later they will get some big name content producers in who will realize the value of such a platform.  Take Redbull for instance - they are sharing via Amazon and other media providers - how much do you think those content hosting sites are taking in terms of profits?  With LBRY, Redbull would get the vast majority of streaming/download profits, and those who download the content and help share it would get rewarded as well.

he's speaking from an investor's pov. atm it's only miners profiting from this and therefore drive the price down every time it tries to pump. tell me something: how important are miners if there are no users? no wide usage means no potential investors. no new buyers means the price will go lower and lower because of the profitable mining. constant price drops makes it less lucrative for potential content creators. this will go on and on unless devs deliver a groundbreaking product with mass adoption potential.