Tell me you don't understand crypto without telling me you don't understand crypto.
this post was submitted on 04 Dec 2023
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Loopring
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A blockchain research organization pioneering the future of finance. Loopring is building protocols, infrastructure, and user-facing DeFi products atop Ethereum, envisioning a digital economy that empowers its participants with full and guaranteed self-custody of their assets.
DeFi doesn't have to be a trade-off between security and performance. With this in mind, Loopring's Layer2 solutions work in synergy with Ethereum Layer1, enabling low-fee, high-speed, Ethereum-secured platforms for trustless trading, swapping, liquidity providing, and payment.
Ongoing projects led by Loopring:
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Loopring Protocol: powered by zkRollups on Layer2, enables Ethereum to scale effectively without sacrificing Ethereum Layer1 guarantees
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Loopring Layer2 Dex: An orderbook and automated market maker (AMM)-based non-custodial decentralized exchange (DEX) built atop Ethereum using the Loopring Protocol (v3).
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Loopring Wallet: A mobile app for Android and iOS featuring an Ethereum Layer1 and Layer2 social recovery smart wallet.
founded 2 years ago
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Sniffle, piss, moan, cry…. Is all I see wen reading this post. 🤡
Goo Goo, Ga Ga. Does that make the baby feel better? Sell/trade your LRC and then you don't have to worry about it.
It's funny. I bought into this near the top but the last couple of years I've been watching it and buying more and it would always bounce back from an overall market crash so fast. I decided, yep, I'm going to stack until my target, this token has still got a lot of support. Then as soon as I reached my target, any 8 or 9 months ago, it stopped bouncing back 😩
Honestly, it’s got so many strengths most coins don’t , and it’s barely scratched the surface of its potential
Sold near the top and jumped back in at .44 since it had support. Ooops
Yeah lrc is done for I don’t see it going back anywhere near it was before. Daniel scammed us into lrc and he scammed his way out leaving us with the bag
The delusional loopers are down voting you but it’s prob what happened to us for sure
This coin is dead unfortunately
Yep, the last few days have really cemented this. Had hope a few months ago but I'm losing hope to recoup any losses in the bull
Really sad. Really down underwater with my investment. Hope we get a little pump someday
Ship has sailed those who think this coin will be worth anything one day are delusional and in a state of denial
RemindMe! 5 years
I feel ya and I'm sure I'm down as much. But my two points are.
When there is a tradable market place, for in game digital assets, things will start to change.
The fact that LRC is deflationary by design and will burn tokens the more relevant it gets, is attractive.
That's it. Maybe. But I like the idea of it.
Now there is also what we have now and I also like that. I'm not a trader just a hodlr so playing around with small stakes is my only experience with the DEX.
I never went in with money I couldn't lose and survive, but I certainly put in a shit ton.
Diamond Hands is the only way.
This is the way.
When there is a tradable market place, for in game digital assets, things will start to change.
Didn't we get this with the gamestop partnership? I remember they have abandoned it but I might be wrong.
I think LRC was hyped too much and the action came too late (during the deep bear market and underwhelming).
It doesn't help that the main players we know are working on other tokens...
Well, hopefully you got some bitcoin, if that’s how it plays out.
It’s up from all time lows, only positive I see.
Seems like the coin is being suppressed
Delusional
Bag holder life
I feel so angry at myself for buying into this token in 2021 and for continually averaging down as lrc continued to drop. With most alts rising recently, lrc just seems to fluctuate between 21-23 cents. I cant say why this is the case, but we've moved only down. At one time, matic and imx were comparable to lrc in cost and i regret not switching earlier. Sitting on 99.88% loss with no choice but to wait for an exit, if one ever comes. This has been a substantial loss of money and it's very embarrassing to say the least. I can't admit this to my family ever. I hope things turn around, but i'm not holding out any hope. If you've been here for a while you may think the same. This was a bait and switch and we were fooled. Wang dipped right at the top and took top devs to start taiko. Finestone left GME and the wallet launch was a flop and now scrapped by GME and everyday for a year Byron screaming wagmi. First investment I couldn't get out of. Sickening to my stomach really. I hope there's still development happening and i'm wrong. The wallet is updated quite frequently, but why not even at 10 cent increase in token price, something isn't right here.
Lost $42k. Not unrealized. Picking up the pieces slowly and surely.
Don’t let them take more of your money.
I'm gonna be pumped the first day I can walk In a restaurant, grab a bite to eat, and pay using LRC via loopring wallet. Will this ever be possible, is the question.
Hbar isnt much better
50% of your crypto portfolio should be in bitcoin
~~bitcoin~~ Ethereum
Bro lrc got delisted from several brokerage and is being suppressed like gme is. That's why it hasn't really gone up their wallet keeps getting better so I'd say lrc is a great investment longterm. I see this coin being the nxt ethrum
you have no clue what you’re talking about. W/ all due respect
Looping is a long-term play imo, I figured at least 5 years. Of course, I would like to 10X plus my money in a short time. And I'm holding bags like everyone else. But if you look at all the other defi tokens, LRC is on the same path as the rest of them, trading sideways and well below their ATH.
“LOoPrInG iS a LoNg tErM pLaY”
Dude, look around at the most recent, common posts on this sub and tell me what you see encouraging in the long term about 8-bit gif NFTs?
separately, Loopring can update the smart wallet all they want, but that doesn’t guarantee the protocol will be meaningfully used and it hasn’t historically. but yeah, marketing’s coming “soon”
People on discord begging to hear from the CEO, but dude doesn’t say a peep. they don’t even have a roadmap ffs. And no, the “forward looking” portions of the rambly quarterly reports are so abstract and nonspecific, they cannot count as a roadmap
This only mooned bc of the gme nft marketplace. That failed miserably. Dead project
Seriously wtf
I ended up rotating all my LRC into something else and it 3xd in a month lmfao
Its up 3% now. I always find alts go after BTC and ETH. We are up about 75%+ from October lows, its only the start of december.
But but but the yearly report worth the next ten years of yearly reports combined is still coming... Right Byron?? Right???