Post
Topic
Board Announcements (Altcoins)
Re: LBRY.IO - DICUSSION THREAD
by
jiggytom
on 17/10/2017, 15:31:37 UTC
Sorry, got your account and GRR confused.  When has any team member promised "moon"?


I'm not asking for the moon or short term gains.
If this project is going to compete, it can't be with a currency that is constantly loosing value, that isn't attractive to anyone, and I'm talking about users here, not just investors.
I have mined and traded this coin plenty in the past and have belief in the core idea, but it's going down the can because nobody around here seems to care that the value of their project is on a continuous down-slide and it will affect how both users and investors view the project.

It is not going down for the reasons you mention, it is going down like pretty much every other Alt coin right now, it is going down because of the upcoming BTC fork.

A lot of people are selling off what Alt coins they can for BTC right now in hopes to earn free BTC gold when BTC splits in November. Just look at the value of BTC right now it is because of this. And like every other Alt coin affected by this there is another 4 weeks to go before we see a recovery. Once the fork happens prices for Alt coins will normalize slowly

Agreed. Same reason it went up in March - July, every altcoin was going up. LBRY had much worse of an app, less features, no marketing, etc. Sometimes just need to ride these waves out. Personally, I bought more at 30K and I'm comfortable holding for the long term.