Loopring (LRC)

[Anonymous No.21424741]

$0.1927

What the fuck is happening?

[Anonymous No.21424817]

LRC has been in stealth phase since Jan. Notice many biz threads about LRC during that time? No you don’t because niggers were accumulating

[Anonymous No.21424842]

I packed my bags long ago buddy. Next stop is 1 dollar

[Anonymous No.21424850]

Serious question about loopring guys are zkrollups on an exchange good for anything beyond tax evasion and money laundering?

[Anonymous No.21424906]

I bought 50k of those when they came out first in October 2017, sold at 50% loss in 2018. Biggest mistake

[Anonymous No.21424970]

Been using their exchange since it launched, got one of the "VIP for life" seats. Volume is nonexistent for some pairs, which is unfortunate since the exchange itself is pretty good.

Staking rewards are also pretty garbage at the moment, so don't buy with the intention of doing that.

[Anonymous No.21424982]

I got burned big time in 17-18 on this but re-upped in Jan and now I’m finally in profit. LRC had the stigma of a failed shitcoin for the longest time

[Anonymous No.21425156]

>>21424970
i've known about this but haven't bothered to look into it/use it beyond checking what pairs have been added. what is the deal with adding pairs? i presume its permissioned in some manner? i just look at it and see something that will benefit everyone once its more popular so i just don't care about holding its token. can i get a quick run down on how much of a gay retard i am?

[Anonymous No.21425182]

>>21424850
>>21424850
tps...

The entire point is tps with ethereum-level security.

Transactions more-or-less instant and free.

Why do you think it's pumping now that gas fees are killing ethereum? It is the solution. They have fully audited code running on the mainnet today, with all their documentation for implementation available.

[Anonymous No.21425323]

>>21424741
Unironically the next top 5

[Anonymous No.21425384]

>>21424970
>Staking rewards are also pretty garbage at the moment, so don't buy with the intention of doing that.
remember that staking rewards are protocol wide. there is a difference between the exchange and the protocol. there are other exchanges launching on the protocol.

[Anonymous No.21425561]

>>21425156

You have to fill out a form for Loopring to add your pair, and they claim they're being selective with them. It's not like Uniswap where anyone can add anything. Then trading volume only comes from users that have added their tokens/ETH to the protocol; you can't trade directly from your Metamask. They describe it as a chicken and egg problem. They need people to add volume but they need volume to do so.

>>21425384

True, and maybe I'm just impatient. I've made 1% since staking in March, which should theoretically be the lowest volume the protocol ever does if it actually gains traction? It's just not the main reason to buy LRC in my eyes.

[Anonymous No.21425579]

>>21424741
I've been getting a few of these for free on Publish0x, honestly thought they were useless.

[Anonymous No.21425699]

why loopring over the other zkrollup coins?

[Anonymous No.21425718]

>>21425561
>It's not like Uniswap where anyone can add anything
wack. sounds like the wrong decision.

[Anonymous No.21425741]

>>21425182
First of all that infograph is trash. I thought I saw two token whiteboys on their core team, damn. Loopring is one solution that creates a larger problem of enabling extremely largescale transactions outside of regulatory purview. I know I sound like a faggot but theres a ton of big money abhorrent people out there that you dont want protected. God that infograph really is shit.

[Anonymous No.21425836]

>>21425741
you don't just sound like a faggot

[Anonymous No.21426204]

>>21425741
NGMI

Still all traceable, don't worry about corporate pedophiles, they will get whats coming. Even if you vote for that pedophile Biden and his sheboon puppeteer, nothing will stop the train now.

[Anonymous No.21426276]

>>21425836
the problem with communists in business is they can call one thing something else if the state agrees. Ethereum is a damned minefield. Are you suggesting lrc protocol cant be used for money laundering on an extremely large scale?

[Anonymous No.21426351]

>>21425699
Fully audited, deployed on mainnet now. No shortcuts.

Can be implemented into any DeFi project today, significant uptake would save Ethereum from attrition due to gas fees. All it would take is for tether transactions to be moved onto the loopring rollup and things would improve massively.

For now you can trade on loopring DEX for virutally 0 fees.

Watch this space.

[Anonymous No.21426364]

>>21425741
i know you're pretending to be retarded but this physically hurt me to read please apologize

[Anonymous No.21426425]

>>21426276
Are you suggesting blockchain is more mutable than the traditional banking system?!

This new financial system will make it far more difficult for criminals to get away with laundering.

[Anonymous No.21426667]

>>21426364
Just pray and you’ll find your way through it eventually. Tax evasion and money laundering is more possible using this technology than ever before; yes or no? LRC solves a temporary problem by cresting a much larger one. You cant defend this and thats why you’re slinging shit. If you are a proponent of lawlessness go ahead and say so and you can call me whatever you like while I move on

[Anonymous No.21426891]

>>21426667
>LRC solves a temporary problem by cresting a much larger one
m8 i'm not arguing anything i'm simply baffled you couldn't see the direction fake internet money was headed 10 years ago. its been really obvious for an excruciatingly long time that fake internet money is likely going to lead to more anonymous transactions and the ability to evade the legal system. i'm not passing judgement on this, but i will, because now i think you're not pretending. the idea that fake internet money is a opportunity for the wealthy to evade regulation, taxes, whatever is laughable. they have always had the upper hand at doing this. fake internet money levels the playing field for people not as wealthy to do the same as the wealthy have always been doing since the dawn of city states. try to be less of a reddit homo in future thank you.

[Anonymous No.21426916]

>>21426667
My money my choice you fucking retard. I don't want to have your kind looking at my transactions anyway

[Anonymous No.21426973]

>>21426891
rekt

[Anonymous No.21427211]

>>21426891
There’s the admission. We all end up at the harvest friend.

[Anonymous No.21427321]

>>21427211
Fuck off glowie, even your id on here glows.

[Anonymous No.21427442]

>>21427321
Check the id:Resp(ect). God sees you; im a nobody. Now you fuck off, dog.

[Anonymous No.21427454]

>>21424850
>Serious question about loopring guys are zkrollups on an exchange good for anything
Zero fee DEX are you kidding me, "is it good for anything?" ZERO GAS FEES
How much in fees is a uniswap trade these days?

[Anonymous No.21427555]

>>21427211
Admission of what? Just be straightforward with your authoritarian homo non arguments if you have any because I can’t tell.

[Anonymous No.21427778]

yeah Stakenet makes this obsolete

[Anonymous No.21427829]

>>21427454
whats the fee% that goes to liquidity providers?

[Anonymous No.21428145]

>>21427829

"Beginning right now, every maker order that is filled on Loopring Exchange receives 8% of the trading fee that the taker pays. This reward is automatically applied to every maker, every order, whenever it gets filled."

https://medium.com/loopring-protocol/market-maker-rebates-new-fee-schedule-implemented-on-loopring-exchange-79b1df71434c

[Anonymous No.21428378]

>>21427555
An admission of loopring being capable of being used to facilitate and amplify criminal enterprise.
>>21428145
Is this income also subject to zkrollups?

[Anonymous No.21428674]

>>21428378
Please attempt to be less retarded. Crypto will not eliminate criminal enterprise, however due to the immutable properties of the blockchain ledger, it will be much more difficult to proceed than via the traditional banking system.

What do you mean by subject to rollups? Network fees are low due to the massively increase tps? Yes, especially for now.

However, if you want to sell, would you rather pay fees for the privilege or earn them for the service of providing liquidity?

This alone kills traditional banking. The revolution is here. Get hype.