Post
Topic
Board Announcements (Altcoins)
Re: LBRY.IO - DICUSSION THREAD
by
eLNoXX
on 24/08/2017, 09:54:25 UTC
Well zooming out on the chart there has been a downtrend ever since feb 2017 that is quite long, in prospective it means everyone that bought to hold is in the red right now, for months.
If we want to attract new investors there are 2 things to consider, faster dev of the platform ie more staff, coders etc.
Or reach an uptrend maybe even test new ATH, that would get things going.

I do hold a LBC bag but i dont see it, the coin does not gain ground even when everything else is.
Longterm i think we are not on the bottom.

Pretty bad, seems like a pump and dump, half a year into the red is pretty bad.
And we are not even close to a new ATH, we need a miracle for that to happen lol.

I love it how you say "oh we need faster dev and more staff" when they are way ahead of competing projects.

then you call it a pump and dump just because its 1/2 in the red, as if lbry is the only crypto ever thats experienced this...

I have not said its a p&d it just looks like it, because usually p&d have 1 big hill and its downwards from then on.
I do like LBC but i dont see how we would reach an ATH anytime soon or even a 50% recovery.