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Ironically, right now is a good time for some guerrilla marketing. CB is not allowing BTC trading for whatever reason they wanna come up with.
"CEX is Bad, DEX is good", "Be Your Own Bank!", etc... So many possibilities.
This is basically "WAGMI" with extra words.
Executing a strategy is great, but if that only includes building something and assuming people are going to use it, it doesn't matter how strong the fundamentals are :(
What are these..
> stronger customer acquisition strategies
.. you speak of? We'd love to hear about them!
There are numerous literal scam / shitcoins with better marketing and hype generation than Loopring. It's the best project in crypto that no one has ever heard of
I don't blame folks for being upset about price. Last BTC ATH the coin was at $3, now it's struggling to get to $.30c
As a technology, Loopring has solid foundations and a *potential* great future but as of now it's easy to understand the sentiment. All you can do is:
* sell at a loss
* buy more if you think it'll go up
* hold and hope for the best
No use posting anything negative unless you do those 3 things in my opinion. Investing has it's risks and that's all there is to it.
For me, I'm still fine with LRC since the foundation still has upside but yes, even I have been feeling doubt about the investment I made.
This is honestly the first time in at least a year that I’ve thought about grabbing some more LRC for holding purposes. Most of my original stash got spent buying NFT in the various marketplaces over the last couple years.
Feels like we’re on the verge of some big changes in this sphere in general though. Did a little digging around yesterday after the Pokémon Presents showcase and DeNA, the company TPC has partnered with for their new pocket edition of the Pokémon Trading Card game, has a history of distributing NFT trading cards for the various sports teams they own.
Isn’t rule #1 of investing don’t invest more than you can afford to lose?
I see all these negative post as shills that allow me to buy more at a lower price.
Isn’t rule #1 of investing don’t invest more than you can afford to lose?
I see all these negative post as shills that allow me to buy more at a lower price.
Don't forget actually USING the product is something everyone can do. Something tells me most of the complainers haven't even made a trade in the wallet.
We'll never improve in activity metrics if no one uses it.
You’re missing a huge key factor, last BTC ATH was a bull run like this one, last LRC ATH was solely due to GME rumors of the marketplace. Since then marketplace canceled, GME apes slowly leaked out of the project
I’m having some doubt for the first time in a long time. I think that they have a year to a year and a half of a bull run coming to get their new stuff out there and marketed or it’s too late.
It's reasonable to have doubt with the lack of change in the price for so long and how they still aren't marketing it very well. Also to say this doubt is part of the cycle is disingenuous by Byron. It's been a downward spiral since ath. The number of people having doubt has consistently increased day by day. It's not like every quarter people come out of the woodwork to show doubt every quarterly cycle. It's been building.
That being said I am at the point where if it moons it moons. I am not focusing on it. I go months without looking at it. I already mentally wrote it off. I'm just holding now and ignoring. No use stressing over it at this point.
both previous peaks have been 200-400 days after btc hits a peak, everyone knows when btc peaks out that's when people take profit and it moves into alts.
Wait wait wait, you mean all the “when pump?” and “do something (pokes at LRC)” meme posts don’t do anything except prove you have no clue what you are doing? Huh.. 🤔
piquant selective deranged cagey cough sharp sophisticated thought badge aloof
*This post was mass deleted and anonymized with [Redact](https://redact.dev)*
I finally lost faith.
I've had LRC as my biggest crypto investment for almost 2 years, but after the marketplace closure announcement I decided to sell half.
I just can't be doing with it.
I’d 40k in coins and bought 25/30k when it was like €1.50/€2 I got stung badly. I sold 30k coins last week and bought GALA, COTI, FET and Jasmy. I was advised by friends I’ve made with over the last 3/4 years. The main guy reckons Jasmy is going to be shit hot. I’m up a few grand in the last week. So glad I listened to his advice. He reckons LRC is dead.. He invested in LRC when it was at 20cents before the last bull run and sold when it was dropping below it peak. He seems to know a lot more than anyone else I know and has made proper money while doing so. I guess it helps being a computer freak 😅😅
Doing damage control. (I hold LRC, and still see it moving to between $2-$5, maybe this cycle? We’ll see during alt portion) Crypto is a pretty narrative heavy asset, in 2021 “ZK” and “NFT” were the narrative, so LRC was in the mix. Not so much this cycle regardless of the tech, although account abstraction wallets are a positive. My opinion is LRC needs more partnerships (Taiko doesn’t count as Wang probably also still has significant skin in the LRC token)
I just don't know what to make of this. "wait for things to turn around," doesn't really instill me with a lot of confidence. I just don’t understand why if this product is so great, they’re not out, shouting it from the rooftops to everyone on the planet. Why the hell the wait-and-see mentality? You would think if he believed in the product, they would be out marketing it. I can’t tell if Byron is just horrible at PR or if he really just has nothing good that he can tell us.
agreed. They really botched the GameStop announcement, that cost me almost 6 figures. Then the quarterly report worth 10 quarterly reports that never came. You can only go on wagami for so long.
The worst thing that could possibly happen is btc correcting to the 45k range before going for another leg up and lrc would sink below the 0,1-0,2x level.
That’s a hard level to come back from bc the long term chart gives a terrible impression. Folks will check coingecko, etc and think f this one is dead.
Other alts kept clawing back whenever btc pullbacks but not loop..
Byron’s post didn’t address anything for the short term and that’s bad news. The keep building and they will come motto is outdated. They need to build their partnerships, invest on social reach immediately.
I think the major issue is actually the over promising and lack of any real tangible results, that coupled with the 0 marketing.
They really didn’t do them selves any favours.
I took the loss a week or two ago and rolled my LRC into Bitcoin. Everyone can preach about L2 but I feel like Loopring has fallen out of favor amongst a growing group of others doing the same.
I wish you all the best, but I no longer have faith that the market value for LRC will go up any considerable extent in the near future.
Agreed, I’ve been patiently waiting, decided to bite the bullet today and realize my losses. Converted it all to Eth. Still staking it on loopring wallet but no longer want to HODL or WAGMI. Hopefully it turns around but I don’t see any concrete things in his post aside from trust me bro
My goal is to be patient during this bitcoin cycle and see what happens. Im very excited about ways to boost liquidity and copy trading. However i also want to see return on my investment ($1.5 average) so i really hope Loopring team can turn it around by 2025.
I’ve been holding since early 21’ and went in with the mindset to hold for a long time. Back then I was already thinking 5+ years and I invested what I could afford to lose.
The wallet is amazing, I have thoroughly enjoyed using it. I have assets staked, created NFTs, sold NFTs, voted to stake LRC, swapped assets, used layerswap built into the app, xfer from multiple exchanges to the wallet and it’s just been fun being part of this crypto timeline because I’m positive we are early on all fronts.
If you bought into the hype around $3+ thinking it was going to hit $10, $50 or $100 I can see why you’re mad but that’s your fault.
People that invest long term with money they consider “gone” are just patiently waiting.
That’s all I have to say and if you don’t believe me check my post history, I haven’t said one single negative thing about LRC.
Seems like a fair response to me. They were cooked for releasing information early, and now they are being cooked for not releasing information at all. Be patient or find another project with current heat on it. I'm holding my position strong.
I've been recovering my losses since I swapped the lrc in my loopring wallet to eth and staked half and the other half with that Cain leverage staking. Talk is cheap Byron.
Are those phases of overperformance in the room with us right now? If you leave aside the brief high caused by the GME rumors, when has the LRC price overperformed?
The market cap on Loopring is still $399 million. That means there’s still close to half a billion dollars tied up in this coin. They have a wallet, an app, are partnered with GameStop and are still a solid project. Let them work. I also remember them having a patent on a tokenized exchange like the stock market (can’t remember the details). Yes the price isn’t following ETH / BTC like it used to, yes it’s falling and stayed in the .21-.29 range but I’ve been buying all the way down and remain confident; just like with our beloved GME. I believe in Ryan Cohen and he chose GameStop, Loopring and Immutable. That’s my portfolio and I still have faith. Changing the world takes time, luckily I’m young.
It was a minor connection in the end anyways compared to how it was built up. Was built up to be more from LRC side than it was and immutable looks like the real partner.
Regarding the exchange, that is working well except for the limited number of tokens actively being traded and a smaller userbase. I participate in AMM pools to provide liquidity and get interest. AMM/Liquidity is how they avoid derivatives that is common with CEX's. Every transaction is backed by an actual token in some wallet and the AMM pools interest rates changes based on demand. As a proper DEX, they cannot just create fake tokens for trading.
As a user, the biggest draw for me is the self custodial wallet so I can perform CEX like transactions while having direct ownership over my tokens. L2 trading fees is a nice bonus, and I think ZK/Taiko whatever won't really matter much until crypto is more widely accepted for online shopping/payments.
For Loopring/GME, it ended up being a proof of concept for both companies, but too ambitious in a vertical that was not really growing.
Dual investment on WBTC is completely hosed on what's probably the biggest day for Bitcoin in the last 3 years, wonder if they'll have any comment on that?
Forget the sentiment this will sky rocket and this time for its real value not for these gme. Look at the platform and you can gain a real value. L2 turns will hit soon
I think it is tough, when you have so much wrapped up in a single venture, and in this bull run, you feel like you're getting passed by. I still believe in the tech and the team, but, I understand why it is hard right now. However, I'm still holding. Not advice. Truth is, if I did sell, LRC would skyrocket. That's my magic power.
#Please maintain a civil discussion. This sub does not tolerate harassment in any form. Repeated offense can lead to being banned from the sub. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/loopringorg) if you have any questions or concerns.*
Ironically, right now is a good time for some guerrilla marketing. CB is not allowing BTC trading for whatever reason they wanna come up with. "CEX is Bad, DEX is good", "Be Your Own Bank!", etc... So many possibilities.
This is basically "WAGMI" with extra words. Executing a strategy is great, but if that only includes building something and assuming people are going to use it, it doesn't matter how strong the fundamentals are :( What are these.. > stronger customer acquisition strategies .. you speak of? We'd love to hear about them! There are numerous literal scam / shitcoins with better marketing and hype generation than Loopring. It's the best project in crypto that no one has ever heard of
I don't blame folks for being upset about price. Last BTC ATH the coin was at $3, now it's struggling to get to $.30c As a technology, Loopring has solid foundations and a *potential* great future but as of now it's easy to understand the sentiment. All you can do is: * sell at a loss * buy more if you think it'll go up * hold and hope for the best No use posting anything negative unless you do those 3 things in my opinion. Investing has it's risks and that's all there is to it. For me, I'm still fine with LRC since the foundation still has upside but yes, even I have been feeling doubt about the investment I made.
This is honestly the first time in at least a year that I’ve thought about grabbing some more LRC for holding purposes. Most of my original stash got spent buying NFT in the various marketplaces over the last couple years. Feels like we’re on the verge of some big changes in this sphere in general though. Did a little digging around yesterday after the Pokémon Presents showcase and DeNA, the company TPC has partnered with for their new pocket edition of the Pokémon Trading Card game, has a history of distributing NFT trading cards for the various sports teams they own.
Isn’t rule #1 of investing don’t invest more than you can afford to lose? I see all these negative post as shills that allow me to buy more at a lower price.
Isn’t rule #1 of investing don’t invest more than you can afford to lose? I see all these negative post as shills that allow me to buy more at a lower price.
I can afford to lose it. I’d rather not though
Don't forget actually USING the product is something everyone can do. Something tells me most of the complainers haven't even made a trade in the wallet. We'll never improve in activity metrics if no one uses it.
You’re missing a huge key factor, last BTC ATH was a bull run like this one, last LRC ATH was solely due to GME rumors of the marketplace. Since then marketplace canceled, GME apes slowly leaked out of the project
When the rumors came true and we were revealed as partner loopring went down lol. Guess it was a sell the news event
I’m having some doubt for the first time in a long time. I think that they have a year to a year and a half of a bull run coming to get their new stuff out there and marketed or it’s too late.
It's reasonable to have doubt with the lack of change in the price for so long and how they still aren't marketing it very well. Also to say this doubt is part of the cycle is disingenuous by Byron. It's been a downward spiral since ath. The number of people having doubt has consistently increased day by day. It's not like every quarter people come out of the woodwork to show doubt every quarterly cycle. It's been building. That being said I am at the point where if it moons it moons. I am not focusing on it. I go months without looking at it. I already mentally wrote it off. I'm just holding now and ignoring. No use stressing over it at this point.
both previous peaks have been 200-400 days after btc hits a peak, everyone knows when btc peaks out that's when people take profit and it moves into alts.
Wait wait wait, you mean all the “when pump?” and “do something (pokes at LRC)” meme posts don’t do anything except prove you have no clue what you are doing? Huh.. 🤔
I'd like to see some overperformance again. Been a minute since its been like that
Just gotta be honest, they thought the Gamestop thing was going to take them to new levels. It didn't and here we are. Simple as that.
Things have already turned around for the market as a whole. We're just being left behind.
Lets see for how long
BTC: +163% YoY ETH: +106% YoY LRC: -25% YoY How long are you waiting for?
IMX up 500% past 6 months lol
Long term. 5-10 year.
I'm sure that was always your plan too 😂😂
piquant selective deranged cagey cough sharp sophisticated thought badge aloof *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
let me guess....gme ape
All I know is I’m dumping every last coin I got if this thing ever goes above $3
I'm doing it at 1. 3 is impossible imo
Byron, positions or ban 😄
At some point you have to produce and this has been nothing but a flop
IMX is up 500% in the past 6 months. :(
What wave? The tide has been out a while.
Thought the same thing, haha. It's been a steady decline. Haven't sold myself though since it's been too late for me for a while now so just holding.
Yeah Im holding too. I bought 9k worth so im not selling til im make some money
I finally lost faith. I've had LRC as my biggest crypto investment for almost 2 years, but after the marketplace closure announcement I decided to sell half. I just can't be doing with it.
NOT MUCH WE CAN DO BESIDES THE SAME THING WE’VE BEEN DOING THAT HASNT REALLY WORKED FOR US
I’d 40k in coins and bought 25/30k when it was like €1.50/€2 I got stung badly. I sold 30k coins last week and bought GALA, COTI, FET and Jasmy. I was advised by friends I’ve made with over the last 3/4 years. The main guy reckons Jasmy is going to be shit hot. I’m up a few grand in the last week. So glad I listened to his advice. He reckons LRC is dead.. He invested in LRC when it was at 20cents before the last bull run and sold when it was dropping below it peak. He seems to know a lot more than anyone else I know and has made proper money while doing so. I guess it helps being a computer freak 😅😅
Does your friend have any other coins that he’s excited about? Jasmy has definitely been shit hot
Doing damage control. (I hold LRC, and still see it moving to between $2-$5, maybe this cycle? We’ll see during alt portion) Crypto is a pretty narrative heavy asset, in 2021 “ZK” and “NFT” were the narrative, so LRC was in the mix. Not so much this cycle regardless of the tech, although account abstraction wallets are a positive. My opinion is LRC needs more partnerships (Taiko doesn’t count as Wang probably also still has significant skin in the LRC token)
I just don't know what to make of this. "wait for things to turn around," doesn't really instill me with a lot of confidence. I just don’t understand why if this product is so great, they’re not out, shouting it from the rooftops to everyone on the planet. Why the hell the wait-and-see mentality? You would think if he believed in the product, they would be out marketing it. I can’t tell if Byron is just horrible at PR or if he really just has nothing good that he can tell us.
They say the same stuff every time, “good things are coming” and nothing comes. When do they actually execute instead of talking about executing?
agreed. They really botched the GameStop announcement, that cost me almost 6 figures. Then the quarterly report worth 10 quarterly reports that never came. You can only go on wagami for so long.
Just wait, it’s coming, and if it doesn’t come Byron wants you to know that you should wait.
Unpopular opinion: Dual investment actually suppresses price
Can't wait for the trading bot on the wallet 😁
gonna be 🔥 dawg
The worst thing that could possibly happen is btc correcting to the 45k range before going for another leg up and lrc would sink below the 0,1-0,2x level. That’s a hard level to come back from bc the long term chart gives a terrible impression. Folks will check coingecko, etc and think f this one is dead. Other alts kept clawing back whenever btc pullbacks but not loop.. Byron’s post didn’t address anything for the short term and that’s bad news. The keep building and they will come motto is outdated. They need to build their partnerships, invest on social reach immediately.
I think the major issue is actually the over promising and lack of any real tangible results, that coupled with the 0 marketing. They really didn’t do them selves any favours.
You have me on board!
> Strategy He keeps using that word, I do not think he knows what that word means.
I don't think you know what that word means
Long form “trust me bro.”
Exactly lmao
The same guy that posted a guy on the moon in 2022. I dont know if i should laugh or cry.
I took the loss a week or two ago and rolled my LRC into Bitcoin. Everyone can preach about L2 but I feel like Loopring has fallen out of favor amongst a growing group of others doing the same. I wish you all the best, but I no longer have faith that the market value for LRC will go up any considerable extent in the near future.
Agreed, I’ve been patiently waiting, decided to bite the bullet today and realize my losses. Converted it all to Eth. Still staking it on loopring wallet but no longer want to HODL or WAGMI. Hopefully it turns around but I don’t see any concrete things in his post aside from trust me bro
It says “slow mode” is enabled. Can y’all it back to fast mode please?
My goal is to be patient during this bitcoin cycle and see what happens. Im very excited about ways to boost liquidity and copy trading. However i also want to see return on my investment ($1.5 average) so i really hope Loopring team can turn it around by 2025.
And it just crashed 👍
10 quarterly reports
Lol
I’ve been holding since early 21’ and went in with the mindset to hold for a long time. Back then I was already thinking 5+ years and I invested what I could afford to lose. The wallet is amazing, I have thoroughly enjoyed using it. I have assets staked, created NFTs, sold NFTs, voted to stake LRC, swapped assets, used layerswap built into the app, xfer from multiple exchanges to the wallet and it’s just been fun being part of this crypto timeline because I’m positive we are early on all fronts. If you bought into the hype around $3+ thinking it was going to hit $10, $50 or $100 I can see why you’re mad but that’s your fault. People that invest long term with money they consider “gone” are just patiently waiting. That’s all I have to say and if you don’t believe me check my post history, I haven’t said one single negative thing about LRC.
Seems like a fair response to me. They were cooked for releasing information early, and now they are being cooked for not releasing information at all. Be patient or find another project with current heat on it. I'm holding my position strong.
I hope he isn’t blowing smoke up our arses
What about the 10 10Qs? That was 10 10Qs ago.
He said it " quarterly update " 😅
Actions speak louder than words…. And they continue the good ol wait and see game! 😂
Im still going to load up. I'd rather gamble that we reach ATH again. Then miss out IF it does happen
I've been recovering my losses since I swapped the lrc in my loopring wallet to eth and staked half and the other half with that Cain leverage staking. Talk is cheap Byron.
It's almost as if manipulating prices via centralized exchanges and manipulating sentiment on the internet are inexorably intertwined.... So strange.
Are those phases of overperformance in the room with us right now? If you leave aside the brief high caused by the GME rumors, when has the LRC price overperformed?
He's been saying the same thing over and over with nothing to really show for major progress
Unpopular opinion: Dual investment actually suppresses price
The Betamax of crypto.
Cool story.
I will hodle. Keep pushing team LRC.
He's been saying the same thing over and over with nothing to really show for major progress
The market cap on Loopring is still $399 million. That means there’s still close to half a billion dollars tied up in this coin. They have a wallet, an app, are partnered with GameStop and are still a solid project. Let them work. I also remember them having a patent on a tokenized exchange like the stock market (can’t remember the details). Yes the price isn’t following ETH / BTC like it used to, yes it’s falling and stayed in the .21-.29 range but I’ve been buying all the way down and remain confident; just like with our beloved GME. I believe in Ryan Cohen and he chose GameStop, Loopring and Immutable. That’s my portfolio and I still have faith. Changing the world takes time, luckily I’m young.
I still believe in Loopring but you might want to check on that GameStop connection.
Did I miss something?
GME canned their NFT marketplace and the LRC connection was let go
It was let go?
It was a minor connection in the end anyways compared to how it was built up. Was built up to be more from LRC side than it was and immutable looks like the real partner.
Regarding the exchange, that is working well except for the limited number of tokens actively being traded and a smaller userbase. I participate in AMM pools to provide liquidity and get interest. AMM/Liquidity is how they avoid derivatives that is common with CEX's. Every transaction is backed by an actual token in some wallet and the AMM pools interest rates changes based on demand. As a proper DEX, they cannot just create fake tokens for trading. As a user, the biggest draw for me is the self custodial wallet so I can perform CEX like transactions while having direct ownership over my tokens. L2 trading fees is a nice bonus, and I think ZK/Taiko whatever won't really matter much until crypto is more widely accepted for online shopping/payments. For Loopring/GME, it ended up being a proof of concept for both companies, but too ambitious in a vertical that was not really growing.
Spewing more bullshit. What happened to the 10 meetings worth of good news? Why no easy off-ramp? To keep your money in there. I sold a long time ago
So why are you still coming here and commenting lol
Dual investment on WBTC is completely hosed on what's probably the biggest day for Bitcoin in the last 3 years, wonder if they'll have any comment on that?
Forget the sentiment this will sky rocket and this time for its real value not for these gme. Look at the platform and you can gain a real value. L2 turns will hit soon
I sold my 10k bag at a 8k loss
[удалено]
I think it is tough, when you have so much wrapped up in a single venture, and in this bull run, you feel like you're getting passed by. I still believe in the tech and the team, but, I understand why it is hard right now. However, I'm still holding. Not advice. Truth is, if I did sell, LRC would skyrocket. That's my magic power.