Anyone want to talk about this?
Probably not since no one on /biz/ gives a shit about this but it might be worth a shit.
So anyway, since this thing is clearly not going to see any actual positive price action in anticipation of the live event, disappointingly enough, what do you think the live event could possibly bring to the table that could possibly drive the price up?
>>2522017
worth a shot I meant
>>2522017
LBC pumped a few days ago because of this news. Pumps always happen days before the news hence "buy rumor, sell news"
>>2522164
I thought that meant people buy the rumor before the news and then sell when the news happens.
As in the news is announced, so people buy in and buy in until the day of the news or before the news which is when people sell.
Basically my question is why the hell has no one bought in on the rumor for the past few days if buy the rumor sell the news is true?
>>2522244
were you not paying attention to the ~30% price increase over the last week?
>>2522017
>>2522017
The only thing I worry about with coins like LBRY and DGB is the fact that most of the coins are already held by "investors."
Let's assume that even 10% of popular youtubers migrate to LBRY, you think it'll be lucrative for them when whales are constanty P&Ding while they make videos for pennies?
It may be better than the 20/80 split they get with youtube, but it's far from a solution.
>>2522276
I bought at 32000 sat on the 15th because I thought that, at worst, it would slowly climb for a few days because of people buying the rumor before getting dumped the day before or the day of the event because of people selling the news.
>>2522017
I've bought and sold. Would buy again.