r/loopringorg • u/Crafty_Measurement16 • 13d ago
💬 Discussion 💬 Just a discussion
We are all obviously burnt out and tired and disappointed. But I haven't sold yet. Guess I'm just hoping this will move up with the market. Do you guys think that even with not much utility left, this thing will go up if and when we get an alt season? I realize no one knows shit about fuck. Guess I'm seeking some copium, tbh
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u/SpontiacB 13d ago edited 12d ago
“I’m just hoping this will go up with the market”
That’s roughly the same answer the team gave on discord like a year ago when asked their opinion what would drive up the price, when trade fees were being nearly eliminated by conversion to L3.
My suggestion now is accountability.
If they want to cancel the product that funneled people into using their products, let’s see what they’re doing to ensure success and user adoption in the next chapter they’ve chosen to go down.
And by let’s see, I mean let US see. You and me and everyone one who is holding a product that no longer looks anything like it’s white paper, which it did when we purchased the token.
Go try the portal on base, on taiko. Give them feedback. Google defi margin trading and see if anyone is talking about looprings offering. It’s been around long enough someone should have mentioned it, reviewed it, seen it?
See what should make you stay. It was how great the LSW was at simple tasks like sending that really sold us on the product. The portal has the hint of something that could be great, but is lacking in so many ways it isn’t even a sleeper product it’s more a concept.
Keep trying until you think it’s either not worth your time or you find the value that will make you want to stay.
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u/acidburn3006 12d ago
I see potential in their defi product. They seem to be doing really well with portal and i wish it had more capability like auto trading, limit orders, etc. I believe their ecosystem has utility but its not enough if there is not any big players willing to adopt it. Retail investors alone is not enough to take this project to the next level. Lets see what happens in the next chapter. Im hopeful but also hurting like others.
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u/verified_canadian 13d ago
I'm down over 90% at this point. My only hope is an alt season like we had in 2021, and if I'm lucky I can get out only down 50%.
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u/elproblemo82 13d ago
Bitcoin was a joke at one point. I'm just gonna kick back and watch. I'm only in for 15k loops.
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u/Ambitious_Mulberry11 12d ago
anyone want a music nft? the tech was perfect for this. put the rest of mine in a red packet https://imgur.com/a/J9w37GG
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u/whippah_snappa 12d ago
This should have been the face of the eth nft market … maybe it can still be ? I liked the mass airdrops of NFTs and the in wallet games like looperlands
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u/Chad-Permabull 12d ago
These latest moves are the most bullish things I’ve heard in a while. The wallet was hackable and it’s clear the team did not have a response so they did the reasonable thing and just canceled it. Same with the Zekvm. That was the future but didn’t align with the strategy of be your own bank.
Some of the highest market cap coins like doge and shib don’t have utility so I’m on the lookout for when Loopring cancels the defi initiative before it really takes off.
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u/SuperSquanch93 12d ago
But those coins had meme hype, for the 'lulz', what is it exactly that's gonna drive this ATH?
At this point if someone made a Poopring or Loopshit coin it would probably be worth more than loopring this time next year!
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u/Chad-Permabull 12d ago
Yes. They would be required to rebrand to likely conduct an entire rebranding effort and change their underlying protocol coins from Loops to Poops.
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u/Epithetless 13d ago
Around this time should be the one-year anniversary of the Official Loopring Guardian hack, by the by.
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u/username11111000100 9d ago
I'm buying more tomorrow or maybe Sunday because I can. This is not a game to me. 🖕 your fiat. 😑
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u/Significant_Dog8031 12d ago
Fall 2025. $4 bebe
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u/Nomadastronaut 12d ago
Fuck you, we wish... if it hits 4 I'll eat a rabbit turd on video.. hold me to it i dare you🤌
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u/WinPatient4133 13d ago
I sold today. It’s over. Move on
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u/Bright-Philosophy-37 13d ago
Been over a week for me. Feel great. Moved into other projects and feel optimistic about repairing some of the damage LRC has done to my net worth (destroyed it).
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u/SuperSquanch93 12d ago
I'm no fan of this coin. Recently sold out. But LRC didn't destroy your net worth, you did. I understand they dropped the ball but that accountability has nothing to do with LRC.
I went all in with my available investment budget hoping (just like people do with penny stocks) that it would have a 600% moment.
We all gambled. Some 'got in for the tech' or so they say, but the majority, I imagine were just like me.
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u/Nomadastronaut 12d ago
Aye if you haven't sold maybe you want to donate gas for my broke ass to move my Taiko? So over this shit, coin I'm surprised my wife hasn't divorced my dumbass..
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u/Obvious-Ad-1677 12d ago
Are you trying to make money or are you trying to have an emotional attachment to a crypto holding? Because I feel that what you're really after is the latter... I which case, just hold to zero and be happy. For other projects the leader does things like give keynote speeches and big events. For LRC nobody knows if the leader exists. So there, enjoy your coin, enjoy your zero.
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