Remember that thread telling you that Walton was going to go 10x? Well here's another one. If you're reading this then you are early to this. Consider yourself lucky if you follow this advice and make sure you spread the word.
The coin in question is Loopring (LRC).
Loopring is currently valued at $34m. It's a decentralised exchange platform that is under the radar - it will blow away kyber, 0x and the other competition.
Key advantages being as follows:
- ORDER SHARING Your order will be able to split into smaller sub orders in order to be able to buy the best possible price of the coin from different exchanges, shielding you from counterparty risk.
- RING MATCHING Increases liquidity and improves order matching through creating a ring based loop of multiple orders to match. This is unlike other exchanges who simply match up buy and sell orders (like etherdelta - a common pain point for most ED users).
- CROSS CHAIN PROTOCOLS Yes you heard it here. Unlike ED or similar exchanges, LRC is going to be able to host coins from multiple blockchains. Currently it can host ERC20 coins but it has close ties with the NEO and QTUM team. These will be in the pipeline.
Bonus Points
- Da Hongfei is an advisor - Daniel Wang the founder is a former Google tech lead - 3 other team members are ex-google - 1 other team member is ex-paypal - Advisors are ex-google - Team is close to NEO/QTUM team - Decentralized - Tokens actually have a use and incentive to increase in value - Rapidly growing community
I will leave you with the teams description of the project:
Loopring is not only a protocol but also a decentralized automated execution system that trades across the crypto-token exchanges, shielding users from counterparty risk and reduce the cost of trading. By essentially rising the liquidity of cryptocurrencies, we are building the financial system of the future.
This sounds cool and all, but what use does the token have?
Cameron Taylor
Chastity Cage Coin
Zachary Lopez
Give me more information on ring matching because I don't understand it
What is the token used for
Zachary Davis
Don't overshill it. We don't want to look like Chain link fags
Grayson James
To make money bitch
Chase Bell
ED is slow, cant buy even if i wanted too Coinexchange is down
just
Nolan Evans
i feel like i should wait for a dip otherwise i would buy the top
David Rodriguez
I should've explained this better as its a rather large selling point for the project, sorry.
Essentially loopring is a protocol that will allow decentralised trading from multiple exchanges hosted on its platform. Yes it can be seen as an exchange to the end user, but in reality multiple exchanges will be able to be hosted on the platform and provide liquidity. What's the advantage for the exchanges that use the loopring token - increased liquidity and better order matching will ultimately make them more money.
The LRC token itself will be used to pay for the exchanges rights to utilise the loopring platform. Exchanges with more LRC will be entitled to discounted trading and preferential treatment for order-matching.
Ring matching essentially uses ring-based algorithms to create an internal list that will allocate trades (which are broken up into sub-trades) to the exchanges that provide the best prices to the end user. This will improve liquidity and order-matching.
Jack Russell
Who gives a fuck, it sounds plausible. Decentralized exchanges are very zeitgeisty, or rather they will be by the end of the month.
Lincoln Collins
Merely getting the word out. This is hours work of trudging through projects in the $10m-40m range (ie page 2 on coinmarketcap) and looking for undervalued projects.
Kevin Young
Thx for the tip user.
Token metrics look similar to chainlink's
Circulating supply - 286,170,756 Total supply - 1,395,076,054
Lincoln Murphy
Yo I like your analysis. Anywhere else I can find your content for coin/ico reviews?
Connor Flores
why did the delist this on the first place?
Sebastian Morgan
It's been pumped 40% today .. I came across this coin yesterday too.. seems like it's gaining traction.. wanting to buy at a dip
Carter Kelly
OK sounds interesting. But I will let my inner /pol-tard come out.
>Look at team page >That's a lot of fucking chinks. >the same race that eat dogs and runs over children.
This seems legit and I am always more willing to bet on chinks than on kikes but... I can't shake this feeling on these chinks.
This seems pretty technical stuff (always a good sign that there is more than hype to a coin/technology). With that said I gotta do more research on this.
Mason Ramirez
Precautionary measure due to china FUD. It's a Shanghai based dev team.
I just draw from their website and other sources (reddit, twitter, slack etc). If I find more undervalued projects with potential I'll post them here.
Jaxon Davis
>token metrics
kys
Charles Fisher
Cool thanks. hope to catch your future posts
Eli Cooper
Shitty web site Another exchange token Yawn
Camden Allen
they delisted so china ICO buyers can get a refund and avoid any potential headaches
Caleb Myers
Would you recommend getting in now? Has almost doubled in the last 2 days. Or wait on a dip
Caleb Martinez
You posted about Walton?
Noah Kelly
You could 'DCA' your way in. 25% now, 25% later etc to avoid price fluctuations. I've added more in at the price point though.
Jacob Parker
They burned half the tokens recently (check coinmarketcap), so if it hasn't doubled yet, then it is a good deal
Jaxon Brooks
Thanks. Any other recommendations you're looking at? I'm thinking PAY and EDG make a nice move in the next few days
Daniel Richardson
It is almost impossible to buy anywhere right now so I would just wait for dip. Etherdelta does not seem to be working to list or buy. Only reason it goes up is because lack of liquidity.
Cameron Lee
lolololol
Joshua Clark
You can just buy on hitbtc no? simple enough
Zachary Roberts
I've got two pending transactions on Etherdelta from trying to cancel an order. Been stuck like that for an hour, can't do shit till it clears.
Matthew Perry
actually believing in you. But all my ETH is tied up in other tokens at big gain too. what to do :(
Julian Richardson
What makes LRC better than 0x? 0x already has an active ecosystem with a shitload of exchanges being built on it. Also, how does LRC plan on making orders faster? Do transactions happen on the chain or what this confuses me
Lincoln Barnes
>missed neo >missed gas >missed bnb >missed wtc >missed qtum muh chinks, at least you have a point with jews considering bnt and stox have performed like garbage
Sebastian Hernandez
bought some of this the night before the china fud didnt sell even when i lost half my money this is a holder guys
Liam Ramirez
sold this shit during their buyback program thought It was dead due to China fud and delistings should have hodl
Carter Clark
kind of this how many muh decentralized exchanges do we have already? seems to me like every other coin is basicly a clump of some bazzwords like "decentralized network bla bla bla" in couple of years every fucking person on earth uses his own freaking tokens and we all exchange it like kids exchanged tazos in pre-school
Benjamin Turner
I think the website is simple and fast.. not shitty to me
there's a lot of exchange tokens true, but the successful ones usually get to 300m marketcap
advisor of neo 1 billion market cap ..if it moons the hype for this token should be good especially with focus on chinese customers and connections in that region
just my thoughts
Christian Jackson
I'm waiting for a dip as well. What is your buy in target? Have you filled up?
Jaxson Price
might dca but i'd like less than 2k sats
Lucas Powell
bought 1 day before ICO ban at 2k and sold at 1,2k because binance delisted it, fuck this chink coin REEEEEEEEEEE GET OUT LOOPING
Lincoln Long
Ok I've looked a bit more into ring matching and it's not an easy concept to understand but I do think it's innovative and rather genius.
Essentially instead of transactions occurring on exchanges between 2 parties (party A and party B), they plan on pooling together transactions into a circle or a 'ring'. This would allow for instantaneous transactions to occur between multiple (as many as the ring limit allows - not sure on this) parties and between multiple currencies.
For example: Person A wants to sell 100 ETH and buy 25 OMG, Person B wants to sell 25 OMG and buy 50 WTC and Person C wants to buy 25 OMG and sell 100 ETH, these 3 people would be pooled together in a 'ring' which would allow for transactions to occur way faster than traditional party to party transactions by transacting between all 3 at the same time. Obviously an example of just using 3 people will not be effective, but scaled up to hundreds of people, each selling different amounts of currencies will allow for these faster transactions to take place.
Brody White
IT KEEPS GOING UP GET IN NOW
Parker James
>tfw bought in at 2k sats
Christian Williams
we about to leave the stratosphere
Ethan Reed
Bought 20k will I make it? How long do I hold?
Brandon Morales
It will dump when it gets listed on Binance.
Anthony Robinson
When is it getting listed on binance?
Liam Ross
So sell before mid Oct?
Jaxon Reed
I'm holding longer. Will monitor the Binance situation though. It's a relist so the market might perform differently compared to being listed on it for the first time. I think a lot of people still have tokens on Binance but they are just un-tradable.
Leo Reed
We have entered the top 100 on coinmarketcap. Get in before it's too late if you are reading this.
Leo Cook
Gonna put a little 4 BTC investment into this. could pay off.
Xavier Howard
ETH stuck pending between wallet and ED for over an hour now. Price gone up 10% in that time...
Caleb Martin
BUY THIS -5% from ATH DIP NOW
Andrew Gray
fucking binance delists, coinexchange is down, how tf am I supposed to buy this shit.
Joshua Jenkins
Hitbtc
Jackson Wright
I bought on hitbtc earlier. ED was a nightmare.
Andrew Thompson
Where do we see this going? $1?
Daniel Johnson
lol and someone told eth is much faster than btc. bullshit
Brody Adams
In the short term I was hoping for .25-.30
Tyler Bennett
>mfw i all my coins are tied up and the banks are closed for a long weekend and i cant grab more coin because the local guy who was happy to do coffee shop trades for cash moved away
guess ill just wait and live the roller coaster vicariously thru you guys
Dylan White
BOUGHT 125K of these. Drunk as fuck right now. usually as a rule i dont trade when drunk
I think i did ok tho. I may be very angry at myself tomorrowe
Isaiah Parker
That's a good target. Holding until it at least matches Kyber's current marketcap.
Isaiah Lee
Been trying to buy in for hours but goddamn etherdelta transactions won't go through REEEEEEEEEEEEEEEE
Oliver Gomez
Mine went through fine. i gave gas limit set to 6 tho
Thomas Robinson
Same here bro, been drinking since noon and flipping shit coins
Nicholas Thompson
Ahhh, everybody is speaking about walton "mooning" and i can just get cheap LRC. See you in mars faggots
Josiah Lee
Odd. My gas limit is at 20 and even after hours none of my transactions will so much as show up.
Bentley Carter
This is just 0x, except 0x has 20 different applications already online + many many more down the road. The 0x token, ZRX, is sitting at the very bottom floor from its launch... Loopring is up 50+ percent. Don't be stupid, buy ZRX if you actually want to moon. Orrr.... buy into the latest thing Veeky Forums has decided to shill.
Juan Bailey
never sold with all the fud, im in 10k loops. i did buy lower than the refund so i bought on binance then resold on bter REPEAT a few times 5k free loopring
Nathaniel Perez
But user, this is the 0x of CHINA so the heavy bags will be worth 0 times CHINA which = 0 crypto monies
I know better more undervalued coins right now.
Oliver Brown
12k loopring here
will I have a lambo
Xavier Ramirez
bought the top again
always
Isaiah Gomez
>bought $100 worth of Loopring because im poor
Hope I dont get bag holded.
Leo Perez
>in couple of years every fucking person >on earth uses his own freaking tokens >and we all exchange it like kids >exchanged tazos in pre-school
Not sure if this would work but it sounds fun so I'm in
Charles Gonzalez
we'll all end up like 12k yrs ago how there were tons of weird ppls and tribes
Carter Allen
I knew I was gonna be rich when I realized that every NEO and QTUM fag will be putting money into this.
Oliver Nguyen
Apparently this shit was removed from Binance? Must be a total shitcoin.. shills be pumping
Eli Gray
0/10 FUD attempt, try again m8
Jacob Myers
Its coming soon
Isaiah Ross
LOOP RING PUMPING HARD - GET IN BEFORE ITS GONE BOYS
Aiden Powell
Holy fuck.
100%+ now
Alexander Hall
piece of shiet ED, it was so slow yesterday. i was ready to drop elix and get in here when it was at 0.11 usd now its at 0.17
Angel Murphy
had that happen to me too. Make a new transaction with a really higher gas amount, like 60 or so. this will over ride the pending transactions
Noah Campbell
It went mad past couple of hours. Expected dip after that. This isn't a flipper, hold it for the medium term.
Logan Mitchell
Thanks, that's what I did in the end and it cleared it.
Blake Jackson
Is this an EC20 token?
Jaxson Gonzalez
yup
Nathan Cruz
Pepes Stolen
Jose Lee
Is now a good time to buy?
Bentley Ramirez
This coin is legit AF. VP of Baidu as an advisor..
Oliver Kelly
Jesus, and a VP from JD.com. That's the equivalent of having an advisor who's a VP at Amazon & Google in the west.
Charles Turner
>If you're reading this then you are early to this. Consider yourself lucky >make sure you spread the word. >we are building the financial system of the future.
David Gomez
this is not a decentralized exchange
This is akin to a protocol/API that will be run by exchanges. The exchanges themselves can be centralized or decentralized. The reason exchanges would run this is for more liquidity which is more money.
Why wouldn't anyone run this is, is the question.
Jace Thomas
OP do you have a twitter or an email we can reach you on? are you the same guy that shilled walton becuase your giving me an early retirement.
Cooper Carter
this
We need your contacts. Open a steemit or twitter and some of us would follow you. Good advice.
Oliver Wright
After china fiasco no more mainland chinkcoin for me. HK-based is fine. Holding on wtc for now. >sold lrc at >50% loss during binance delist Fuck.