Quote from: GRR on October 18, 2017, 12:30:31 PM

Quote from: jiggytom on October 17, 2017, 03:31:37 PM

Quote from: SummersideGuy on October 17, 2017, 02:23:51 PM

Quote from: uhro on October 17, 2017, 11:35:32 AM

Quote from: jiggytom on October 16, 2017, 10:05:25 PM

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.

However not all alts crashed that hard. LBC is about 1/9th of its ATH value. That means many people lost huge amounts if they kept holding, supporting the coin. Other coins made fortunes and performed extremely well due to their sole ability of being able to handle a community and actually communicate with them. Look at OMG for example. That is all investors ask. Keep them updated, show progress, try to do some marketing that attracts new investors, keep the news flowing. And not totally ignore the price crashing into oblivion for months. Even if you're working hard for months you can take 15 minutes of your time and show the actual progress so far. Anything else is just not worthy of actually investing into, which is sad because the concept could be groundbreaking in the coming years.

However, what is positive for me that I can throw in criticism and it doesn't get deleted or censored like in other threads. That is a green flag for me. The reason why I am saying this repeatedly is because it does not benefit the project in the long run, no matter how good the development is. If you scare away too many investors, nobody will ever buy it for a long time. And this may very well postpone the final success for months, if not years. So I don't give a rats ass about short term gains, but ignoring investors will never work in cryptosphere.

I agree, but use caution with the bolded statement. This is an unofficial thread (not having an official thread here is a big mistake) and isn't moderated.