Current Events > Cryptocurrency LRC is going to go to the moon.

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Pepys Monster
11/07/21 1:14:34 AM
#1:


It's a layer 2 solution that eliminates ETH gas fees, and the source code has references to Gamestop, which may or may not be partnering with the coin for their upcoming NFT project. I forgot to mention, Vitalik Buterin, the man himself, has praised the coin.

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#2
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Pepys Monster
11/07/21 1:42:45 AM
#3:


Future_Trunks posted...
how many you got? @Pepys_Monster
A few...

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#4
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Pepys Monster
11/07/21 2:29:46 AM
#5:


Future_Trunks posted...
Whats your price target
I have a conservative price target of $1.86. I've been too stressed lately to go for the 18x moonshot.

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#6
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AABLMD82
11/07/21 9:07:06 AM
#7:


I just got a new job, but my favorite coin hit a 10x before I could get more in

Good luck buddy

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General-Secura
11/07/21 9:20:45 AM
#8:


I understood exactly none of that.
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Pepys Monster
11/07/21 11:57:59 AM
#9:


Future_Trunks posted...
I need that 10x, Pepys. What can get us there
LRC. Buy and HODL.

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Pepys Monster
11/07/21 12:46:49 PM
#10:


General-Secura posted...
I understood exactly none of that.
Ethereum (ETH) is a popular cryptocurrency, but moving it between wallets is prohibitively expensive. Sometimes, it costs $150 ("gas fee") to move $100 worth of Ethereum. Loopring (LRC) works in conjunction with ETH to eliminate the gas fees.

NFTs are digital art people actually pay money for. Gamestop is going to get in on the market.

Vitalik Buterin is the creator of Ethereum.

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#11
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Pepys Monster
11/07/21 5:52:45 PM
#12:


LRC is $1.42, boys. It was $1.26 when I made this topic.

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Esrac
11/07/21 10:15:23 PM
#13:


$1.53 now though.
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Rob Cesternino
11/07/21 10:44:46 PM
#14:


Ethereum is moving to 2.0 in about six months, which is gonna eliminate the high gas fees and congestion. Not sure there is such a big need for all these temporary solutions. I would rather bet big on ETH itself.

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Trumpo
11/07/21 10:55:20 PM
#15:


LRC is going to allow you to make a free layer 2 wallet, sounds like bullish news to me.
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Pepys Monster
11/08/21 1:07:48 AM
#16:


Esrac posted...
$1.53 now though.
$1.65 now. I told you, CE.

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#17
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Pepys Monster
11/08/21 1:12:16 AM
#18:


JahanDotson posted...
Even if it goes to like $3.00 thats like a basic double up Tesla did like a 10x in 2020 alone and it was a solid investment.
$3? This thing is going to $10+, and in 3 months, not a year.

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#19
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Sackgurl
11/08/21 1:50:53 AM
#20:


Pepys Monster posted...
$3? This thing is going to $10+, and in 3 months, not a year.

if it doesn't by jan 31 will you post a video of yourself cooking and eating a shoe

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Pepys Monster
11/08/21 1:55:12 AM
#21:


Sackgurl posted...
if it doesn't by jan 31 will you post a video of yourself cooking and eating a shoe
I can't control potential negative X factors like news articles saying "China is cracking down on crypto again" or "Elon Musk said the price of Bitcoin seems high."

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Sackgurl
11/08/21 1:58:13 AM
#22:


Pepys Monster posted...
I can't control external factors like news articles saying "China is cracking down on crypto again" or "Elon Musk said the price of Bitcoin seems high."

so then why are you making such definitive statements?

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1337toothbrush
11/08/21 2:05:25 AM
#23:


Pepys Monster posted...
and the source code has references to Gamestop
How much dumb shit can this crypto garbage take on?

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Pepys Monster
11/08/21 2:47:47 AM
#24:


1337toothbrush posted...
How much dumb shit can this crypto garbage take on?
What exactly are you whining about here?

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1337toothbrush
11/08/21 3:21:04 AM
#25:


Pepys Monster posted...
What exactly are you whining about here?
Never mind me, just keep jerking off to your fantasy future dominated by cryptoshit and gamestop.

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Pepys Monster
11/08/21 3:24:37 AM
#26:


1337toothbrush posted...
Never mind me, just keep jerking off to your fantasy future dominated by cryptoshit and gamestop.
Ok boomer

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1337toothbrush
11/08/21 3:29:34 AM
#27:


Pepys Monster posted...
Ok boomer
I understand the technology, which is why I know it's worthless. You're the boomer playing with shit you don't understand and thinking you're a genius because "number go up". Don't come crying to me when your shitty little "portfolio" tanks.

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David1988
11/08/21 3:32:25 AM
#28:


Whats the best place to buy obscure coins like that tc?

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Pepys Monster
11/08/21 3:36:49 AM
#29:


David1988 posted...
Whats the best place to buy obscure coins like that tc?
It's on most exchanges, including Coinbase.

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1337toothbrush
11/08/21 3:47:03 AM
#30:


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#31
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Pepys Monster
11/08/21 10:42:13 AM
#32:


I just made $10K. Thats all I wanted from this.

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Esrac
11/08/21 10:55:35 AM
#33:


$1.82 now.

Pepys Monster posted...
I just made $10K. Thats all I wanted from this.

Bailing out?
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#34
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Pepys Monster
11/08/21 11:11:04 AM
#35:


Esrac posted...
Bailing out?
Yes, Im out.

[LFAQs-redacted-quote]

24K, but Id say the end more than justifies the means.


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Sad_Face
11/08/21 11:19:05 AM
#36:


1337toothbrush posted...
I understand the technology, which is why I know it's worthless. You're the boomer playing with s*** you don't understand and thinking you're a genius because "number go up". Don't come crying to me when your s***ty little "portfolio" tanks.
You've been saying this for years and yet the industry has exploded in size in the past few years on top of a number of enterprise companies all investigating and researching blockchain integrations, from Amazon, to Google, to SWIFT, to Lockheed Martin and other defense companies along with hundreds of startups finding success in the field. And that's ignoring the bitcoin network where El Salvador recognizes it as legal tender with Brazil soon to follow.

@1337toothbrush What makes you so sure these thousands of developers, including top industry cybersecurity researchers, and admin and spokespersons are all misguided and wasting their time?

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1337toothbrush
11/08/21 12:37:48 PM
#37:


Sad_Face posted...
You've been saying this for years and yet the industry has exploded in size in the past few years on top of a number of enterprise companies all investigating and researching blockchain integrations, from Amazon, to Google, to SWIFT, to Lockheed Martin and other defense companies along with hundreds of startups finding success in the field. And that's ignoring the bitcoin network where El Salvador recognizes it as legal tender with Brazil soon to follow.

1337toothbrush What makes you so sure these thousands of developers, including top industry cybersecurity researchers, and admin and spokespersons are all misguided and wasting their time?
I've been saying this for years and I've been correct the entire time. Show me all the amazing use cases of crypto. The only use case has been making money off greater fools. Companies getting in to make a quick buck doesn't make it a worthwhile technology. Namedrop all companies you want, but until we see actual useful products involving crypto, it's all vaporware. You shouldn't have mentioned El Salvador since that's only been a disaster.

Tons of expert time is wasted pursuing worthless shit in the name of making money all the time. Just look at the financial industry. That doesn't mean you get useful products out of it.

@Sad_Face

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BlockAddition
11/08/21 12:40:25 PM
#38:


1337toothbrush posted...
a
"I didn't buy bitcoin when it was cheap and now I'm mad as hell"

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1337toothbrush
11/08/21 12:45:47 PM
#39:


BlockAddition posted...
"I didn't buy bitcoin when it was cheap and now I'm mad as hell"
Plenty of opportunities to make money, no need to gamble on cryptoshit. Hell, according to shills like you, bitcoin is still cheap. Should hit $100k by the end of the year, right?

By the way, "number go up" is not, nor will it ever be, an argument proving the usefulness of blockchain.

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CyricZ
11/08/21 12:46:15 PM
#40:


I can't be the only person who looked at that title thinking it was literal.

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Pepys Monster
11/08/21 1:13:02 PM
#41:


1337toothbrush posted...
You shouldn't have mentioned El Salvador since that's only been a disaster.
El Salvador built 20 schools with the money made from Bitcoin. Rekt.

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Sad_Face
11/08/21 1:13:17 PM
#42:


1337toothbrush posted...
I've been saying this for years and I've been correct the entire time. Show me all the amazing use cases of crypto. The only use case has been making money off greater fools. Companies getting in to make a quick buck doesn't make it a worthwhile technology. Namedrop all companies you want, but until we see actual useful products involving crypto, it's all vaporware. You shouldn't have mentioned El Salvador since that's only been a disaster.

There are lending platforms that have rates of 10% for lending out stable coins. Right now, Aave.com has 11% for lending out Tether and 5% for USDC. Contrast this to your bank account accumulating a modest 0.01% interest.

The DeFi market has demonstrated it can provide what the current banking industry provides, providing loans, lending out for high savings, among other financial products, with the main difference being that they can't change up the ToS on you like what they did on Robinhood for the GME short squeeze attempt. When Chainlink's DECO is released, we'll be able to use personal data without revealing it on chain to take advantage of things like credit scores to service undercollateralized loans, a trillion dollar industry. Currently, the loans given out need to be overcollateralized, i.e. you want a $1K loan, you need to provide $1.5K in assets.

More use cases will pop up and be demonstrated as more data is onboarded and readily available. We have Associated Press and Deutsche Telekom's T-Systems running nodes to provide news data and telekom data. You have your head in the sand if you think this is all a nothing burger when this is the next evolution of the internet that will revolutionize business transactions.

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BlockAddition
11/08/21 2:31:57 PM
#43:


1337toothbrush posted...
Plenty of opportunities to make money, no need to gamble on cryptoshit
Yeah enjoy working 40 hours a week until you're 75

I'll just leave this here, get the man-sized tissues handy, boy you're gonna need them



I don't want salt on my fries, thanks

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Crayon_Lover
11/08/21 2:41:18 PM
#44:


What price did you sell at?

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#45
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Esrac
11/08/21 2:57:40 PM
#46:


$2.13.

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Pepys Monster
11/08/21 3:09:00 PM
#47:


Crayon_Lover posted...
What price did you sell at?
$1.86

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Crayon_Lover
11/08/21 3:33:29 PM
#48:


I bought a bunch at $1.28, thanks for the heads up

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PoundGarden
11/08/21 3:38:43 PM
#49:


Yeah I just converted some underperformed crypto to LRC @ $1.18ish and have recouped my losses there, thanks!

What's the next one to watch? And thoughts on JASMY?

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Esrac
11/08/21 3:39:02 PM
#50:


$2.31.

This one's really spiked. What's the cause of it happening now?
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