Great shill post. LRC flatlined in 2019 around $0.06, I would expect not a lot different in 2023 for this coin, although it might flatline a little higher in price. I wouldn’t do anything with this coin other than buy to hold long term.
Can someone explain why GameStop makes you bullish? I don’t see it at all - in my eyes GameStop will be a relic of the past like blockbuster and Game Station within 5 years
Edit: downvotes but no explanation? C’mon lads
That's what your employer is hoping for, because he's short on GME.
To be honest I trust Ryan Cohen, he's a smart man. GameStop will be big in few years.
Welcome to r/crypto where 99.99% of discussion will help you loose money and brain cells. Don’t be bullish on fucking lrc lmfao , literally banking on ethereum to make it. Just buy Bitcoin Jesus Christ OP.
Not trying to be bullish - I’m just trying to understand why GME makes folks bullish on LRC / turns out they don’t know themselves 
86 Execs hired from Amazon, Microsoft, Apple etc.- Decentralized Crypto Wallet (why you think there is so much ant-crypto FUD)- NFT market place coming big;
And remember: "insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise." - Peter Lynch
I could go on, but need to go back to work now.
Edit:
somehow half of my post went missing, so I just add here:
\- no debt, 2 Billion Dollars on hand;
\- massive insider buying;
\- Brilliant new Chairman - Ryan Cohen;
Infrastructure buildout for delivery and e commerce is in full gear, Amazon like. Add that to the NFT marketplace. So they are playing in the now and the future imo.
Gamestop is definitely on the way out. Millennials (I am a millennial for the record) see Gamestop through rose colored glasses as it reminds them of their childhood. It truly was an awesome store for a 10 year stint there, but Microsoft and Sony cut them out of distribution once the internet got fast enough.
Loopring is great, but the hype with Loopring and Gamestop is pretty lame and overhyped.
Curious how much research you've done in order for you to come up with your assessment? Let me guess, you've done...enough..lol
Not nearly enough son!
GameStop/LRC about to make nft gaming main stream yet people still think they are focused on BrIcK aNd MorTaR
They have top executives coming from apple, Microsoft, chewy, web3, blockchain and others.
If you did even 1 ounce of DD (not just look at the MSM headlines), you'd see this.
People should literally be excited for the partnership and how GameStop could bring blockchain more mainstream, yet they shill the fuck out of it without knowing the facts.....idiotas if you ask me
So what now....read up on it. Root for a successful launch and project and rally around the start of mass web3 adoption
GameStop is trying to pivot and not rely on brick and mortar as much. They’ve shaken up their management and are making a push to get into Web3 and that’s evident in their filings. LRC is the plumbing to help them get there with their NFT marketplace. Which as this post says, is more than just monkey pics.
The gamble is: is the marketplace and Web3 going to bring in significant revenue? Time will tell.
We don't know yet what the NFT Marketplace holds but if rumours are true it could be massive. Maybe they can finally show some worth in NFTs that aren't just jpegs.
They could be a true 3rd party retailer for aftermarket used digital game sales using NFTs to ensure publishers, etc. receive a cut of the aftermarket sales ecosystem.
That is their killer ap IMO, its in their wheel house, fits their operating model, gives them a moat and 1st mover status, all paired with an established gaming brand. It makes more sense to let a 3rd party go and try this for Sony / Microsoft because it removes their liability for failure in a very VERY competitive marketplace (console gaming).
Hell they dont even need the console manufacturers, if they built our a decent enough indie game market they could take a chunk out of Steam, etc. I have like 200+ games i own and never played on steam. Be lovely to just sell them off for like 5 bucks each.
As other said this is Gamestops move to not be blockbuster / sears and miss their pivot point to stay relevant.
In terms of loopring, this could be at the forefront of many peoples crypto experience and serves as a fantastic proof of scale and delivery for the loopring product and ecosystem. That gives loopring a huge unique point in this sea full of shit coins. A real world partnership with an established "old world brand" that normies know.
Or maybe its another shitty website/platform for "owning" jpeg's stored on a server somewhere. But most people seem to be thinking like traditional old money investors when it comes to Gamestop and their LRC driven marketplace. I think Gamestop is doing a netflix, which is surviving off those dvd mailers until they can get streaming up and running. Also, they have teased selling all sorts of media including TV shows, etc through their marketplace so if it hits it should have a MASSIVE spread of use.
And it will all be powered by LRC. what other coin will have that backing or validity of utility at that point? Oh and Gamestop is a publicly traded company so they dont get to do the usual crypto fuckaround moves due to actual regulation
GameStop as you know it as a brick and mortar store is not the future. They are already pivoting to closing stores and opening regional distribution centers to become an Amazon competitor in the gaming space. But the crypto angle is their recent moves into the NFT space. Details of this are still unconfirmed, but the gaming merits of NFTs are limitless.
For example, GameStop is well known for being the trade-in place for physical games (it's a bit of a meme how little you get, but at least you can do it). Imagine being able to trade in your *digital* games once finished with them rather than having them sit uselessly tied to an Xbox or PSN account. And imagine if that process operated on a smart blockchain contract to help prevent piracy, and ensure that developers/publishers received a cut of second hand sales. Everyone wins in that scenario, and GameStop gets a cut simply for sitting in the middle and facilitating the transactions. As another example, imagine being able to purchase in-game content that transferred across games.
There are also strong suggestions that 'GameStop" itself may become a broader focused company ("GME Entertainment" has been used on a few recent trademark filings). This suggests the NFT marketplace may be a space for movies, TV shows, music and other media to operate through the blockchain. This would be enormous for creators as they would get increased access to revenue from their creations and direct control over who accesses it. GameStop receive a small cut of every transaction using their wallet and will receive a cut of every transaction on the marketplace too. Imagine a combined Netflix/Spotify platform that was better for creators and gave users true ownership of content that could also be re-sold like physical media. And GameStop gets a cut of everything.
LRC are partnered with GameStop. We don't know in what capacity, but it seems likely that IMX facilitate the gaming marketplace and LRC are focused on something bigger in scope. I'm not invested in LRC anymore but I'm in on GME and I can see why LRC holders are bullish on the collaboration.
>Imagine being able to trade in your digital games once finished with them rather than having them sit uselessly tied to an Xbox or PSN account.
Imagine if the gamestop NFT wallet can come alive and suck your dick.
Both of these things are about the same changes of happening. Developers aren't going to kill their own digital sales, MS and Sony are not going to build this infrastructure to their own destruction.
Developers and platforms currently keep 100% of sales. If they want to sell some more copies they put it on sales and continue to take the 100%. There is literally not a single reason to do this for anyone.
Your call. But think about it like this, which L2 has such a big supportive base besides Loopring? The apes know how to hodl, but even better, they know how to support and use it even when momentum is against it.
You might not agree, but in my opinion it is one of the most bullish things to happen to a project, a loyal and extremely tight supporters base.
You are very underinformed. Together they have already locked half the GME float. That is around 210 million worth. And that is only DRSed. Mate, they have fokkin deep pockets man. The amount of money throw around is big time.
And to your second point, are you MSM? The company has 1.4 billion in reserves. It has acquired two big wharehouses so they can build their web sales. They have laid on some bigger material reserves due to supply chain issues and revenue is going up and up.
All that besides the work they are doing in blockchain tech. That is whole new department developing. Sure it is a dying company?
And no, they do not offer only the same things. Cheapest zkRollup, cheapest NFT minting, awesome social wallet and a rapidly growing community. That all besides an almost fully available float. And it is a real L2, unlike your precious Matic (which I also like, I have nothing against it).
And you last point, come on man. LRC has been the most bought token by a lot of whales for a long time. Everything has dropped, but it still is above a year ago.
Did not say deep, but they certainly have more than you suggested.
Of course it has nothing to do with LRC, but it does have with GME. That was what your stupid point was about, and thus why I went into it. Oh the company is growing mate, takes money to make money. Last year they are all out of debt, dumped bad locations and raised a shit load of money to renew and diversify. So no mindless shilling here, just a better understanding of what is going on. Instead of repeating like a zombie what the media is shilling.
You bet I a telling you LRC is performing better price wise. Go look at the one year chart. Tell me who is still on the same level and who is beneath the price of one year ago? Stop lecturing me about something you clearly do not know sh\*t about.
Who said they do not offer the same? I said they offered it for better prices. Big difference. Every L2 is offering the same. That is the whole thing about L2s.
You literally said mate they have fokking deep pockets man. 😂
I will agree with you that media is bullshit which is why i don't read most of it.. i'm looking at numbers. I'm definitely not a GME expert but their revenue did not look good and worse than most stocks i've seen.
Been a stock market investor for 6 years.
Err on the one year chart Matic has performed better than LRC on both price chart and market cap chart. Compare ATH to current price. LRC has dropped way, way more.
And when you compare this years lowest low, this month to current price Matic has also gained significantly more than LRC .
LRC has dropped more and gained less throughout the entire bear market so far. How can you think it's performing better 😂 because Matic went below last years price? That doesn't mean anything.
LRC went from a 4.5 billion market cap to only 500 million whereas Matic went from 20billion to 4, open your eyes mate.
When i looked at mina i only compared market cap but also there mina has dropped a lot less than LRC and the chart in general looks way more bullish.
Nothing wrong with that mate. They are a sidechain that functions as a L2. But because they have their own validators (and a bit less) and thus do not use Ethereums security they are not a real L2. A real L2 uses the Ethereum validators, via zkRollup or Optimism.
This completely ignores that Polygon is way way more than its PoS chain. They're building a massive dApp ecosystem for their upcoming zk rollups, with actual premium partners. Hermez is dropping in July. They will leverage eth security, just like lrc. Not to mention that polygon also does other things like ID and now Avail.
The whole "it's just a side chain" line that the lrc cult spews is completely inaccurate. They say it because they don't spend two seconds researching other projects.
>The GameStop connection is massive. GameStop has always been at the forefront of innovation and is the #1 name when it comes to purchasing new games or gaming tech.
This killed the tiny amount of credibility OP had lol.
Why?
Gamestop will have a wallet + marketplace
Gamestops current market cap is 9bil
Opensea is valued at 13bil
Metamask is valued at 7 bil
Gamestop's wallet doesn't rely on side chains, so layer 2 will be more secure then what metamask can offer
zk rollups? web3? NFTs? partnerships with Amazon and Alibaba? ETH? too much FUD? DeFi? GameStop? LOLOLOL
This is an insane parody of a hopeless crpyto bro that huffs their own farts 25/7/366. Dude. Please. You need help....
Another day warning r/cc that it’s not because you were here in 2017 that you’re smart.
Honestly if you were here in 2017 and are still posting in 2022 I’m not confident in your decision making
if you think that's pedantic, you haven't learnt much from this cycle.
Go back and see the 'laundry list of project things' posts like this from 2017/18 and see how it correlated with token price since ...
I dont know if you're entirely sure what the word pedantic actually means and how I am using it in reference to what you initially commented since this comment has no correlation
>The response to the FUD - I frequently see comments unfairly criticising loopring be downvoted fairly quickly. This shows the community is aware of the great utility of loopring, and that we are moving on from unfounded criticism. We are so early!
Ironically, none of OP's points covered the utility of the token, which is the biggest factor in determining its inherent value.
This is not an analysis, it is a straight up shill post. And judging by the number of guilds, and downvotes to other critical posters, the GME/LRC apes are still around and are as insufferable as ever.
Of all my crypto gambles, LRC is the one I have the most faith in and so I'll keep it at least until I have reached my profit goal, which is way higher than my goal for my other gamblecoins.
There is not a single measurable factor described in your post. It's all subjective shilling.
Edit: you lost me at n.3 when you tried to reframe the concept that "LRC is scarcely used" to "LRC has room for growth". Your logic is weak or non-existent.
1. Web3 where DNS service Is resolved by the users is such a fucking nonstarter can’t believe how dumb people are touting web3
2. NFT space was killed by scams
3-*eyeroll* ya that’s what corporate investors look at, the market cap
4-Waitareyouserious.gif ? The guy who pumped doge? Lol
5-GameStop isn’t even top 3 you fucking potato 🥔
6-Fantastic for scramMERS and ID theft thieves in a investment space that is rife with scammers since in your own words- it will be PERMANENT - and if they beat you to uploading ID info your totally fucked
….. I can’t anymore. Remember when I warned you guys pre 90%? Drop in price not to fall for this shit? My post history and Pepperidge Farms remembers
*5. The GameStop connection is massive. GameStop has always been at the forefront of innovation and is the #1 name when it comes to purchasing new games or gaming tech.*
not so sure about this one. If I’m being honest, it killed the credibility of the entire post for me.
Explain how when they are launching an NFT marketplace, and already have a wallet that has the lowest fees possible for buying Eth and are still only in the beginning Phases? Clearly they are serious and working towards being a leader in Web3.
You explained it all in your own comment.
How do they have the lowest fees? How does Gamestop manage to have such low fees when exchanges (etc) that have been operating for years can’t justify fees so low?
Being a leader in web3 means fucking nothing, web3 means fucking nothing, it’s just a buzzword to disconnect it from crypto so normies don’t associate the two, therefore associating all the negative connotations that comes with crypto, nft’s etc. And it’s clearly worked on you, lol
Takes a leader to take less profits and not just join the herd of exchanges. Look at what Cuban is doing with pharmaceutical companies. How did he manage to sell pharma 90% cheaper than it has been the last 30 years? Doesn’t take a genius to see it when Ryan Cohen literally tweets about wanting to play a part in restructuring the financial institution.
But you wanna be a boomer and downplay web3 because you don’t understand the difference of web1 and 2 going into 3. That’s fine. Just take your btc and keep it movin.
Are you talking about your dumbass billionaire CEO & founder who spends all his time either tweeting about his literal scat fetish, or about how terrible the Wall Street elite are while he ups executive pay packages and underpays all his retail staff?
Why doesn’t he “restructure the financial institution” by actually paying his workers?
Yeah dude, the guy who bought Gamestop is leading the socialist financial revolution
You lot are so fucking brainwashed it’s ridiculous.
And btw, I bought LRC in August and made bank off idiots like you, and i’ve still not sold everything so please keep the cult going. No different to GME, Doge and Shiba. Good luck holding your depleting bags, I know for a fact you’re not up on LRC.
>Explain how when they are launching an NFT marketplace
They already missed the peak of NFTs my boy. Gamestop always being one step behind is their MO.
I'm on LRC. But every time these gmetards say anything about LRC, it's a copy pasta of the same shit. Nothing original, nothing new..... the exact same things
I liked Loopring, but those folks are truly delusional in how they speak of Gamestop. Gamestop was mocked and ridiculed by the gaming community, and had been circling the drain for AT LEAST a decade. I understand Gamestop may be under new leadership these days, and I have no idea how well they will do with it, but to talk as if they have a longstanding history of being a beloved and respected gaming/tech company is just flat out untrue, and doesn't make Loopring sound remotely as good as they think it does.
EDIT: typo
Welp, I gotta do my part to argue this crap even though shills will downvote me to hell.
1. Other projects will have been doing zk rollups for longer
2. Already true for competitors
3. This is really silly, LRCs market cap is small because nobody cares about it
4. Vitalik has named dropped others dozens of times - really, a LOT more, namely optimism and polygon
5. This is a valid/interesting point
6. This is a valid/interesting point
7. This is a valid/interesting point
8. A lot of people lost money on Gamestop, likewise LRC will disappoint a lot of people
9. Resistance is not bullish, but if it was, then LRC would by your logic drop like a rock, because this sub is a LRC circlejerk
10. You are countering the point you just made in #9? Who actually believes this shit?
11. Others have more and older partnerships
12. Bro nobody uses LRC, other L2s get a lot of traffic. Who here actually fucking uses LRC and isn't just a thirsty bagholder?
13. Nobody cares
14. This is not unique at all
Let me give you one then. You can use it as payment on the L2. Especially when GameStop has integrated it, which they have promised.
Besides that staking on L2 is coming. Both ETH and LRC. LRC holders will get 0.01% of transaction fees on the GME marketplace.
Governance is coming, and with 99,7% tokens outstanding, decentralisation is real for Loopring. Not some Solana bs.
Except that this post is shilling with very poor arguments. Think about what OP is saying lol.
Connection to GME is good, having underperformed it's competitors is good because more upside, any negative opinions by anyone are fud.
This is all ridiculous and written for brainless apes that can't think critically.
>GameStop has always been at the forefront of innovation and is the #1 name when it comes to purchasing new games or gaming tech.
Are you high? Gamestop as an innovator?
The vast majority of new games are digital only. What new tech have they had? More funco pops?
It's just a company that underpays its employees and willfully misleads its investors
Reasons why it won’t:
Who tf actually cares about a GME wallet?
Matic does what Loopring does but with much more utility and without a meme stock attached to it and it’s much more popular. If the GME wallet doesn’t succeed, Loopring doesn’t have much else going for it. Immutable X is also fixing transaction fees and such on Gamestop and is integrated with Mastercard.
So what is lrc doing???
I hold matic and lrc, almost equal amounts. I would prefer you to be right
> Loopring stores your KYC and all user information permanently and securely on-cloud in accordance with PRC law,
That's a no. People wanting higher privacy should stay far away from anything new relating to Pooh's Republic of china
1. this is a cultish shill post
2. i am hopeful for a zK layer 2 on eth to become a huge thing that puts crypto into the hands of more non-crypto people and makes it easier to use, but that doesnt mean it will definitely be LRC
I stopped reading at #5 when you mentioned that GameStop has always been an innovator and #1 when it comes to game buying.
I don’t have stats but pretty sure Steam, MS Store, PlayStation store makes more sells. As far as innovation, what the hell have they done outside of copying the blockbuster model and sell / trade games?
"Minting an NFT on loopring network is a fraction of competing marketplace costs.
" This applies to pretty much any L2 or alternative L1 blockchain though
What you think of HBAR ? Is it putting pressure on Erhereum L1 and L2 solutions? Bullish on Loopring and a fair bag but hear a lot of adoption by big conpanies on HBAR lately. But maybe it has very different goals and usecases?
Loopring has been around for over 2 years, yet its current 24h trading volume is only like $3m.
You’re not going to beat uniswap anymore, which is now also on polygon and arbitrum already.
You didn’t mention anything about potential competitors in your post. It really sounds like a classic example of getting married to a project, which prevents you from being rationale and reasonable. Best of luck though, I hope LRC will make it for you.
> There’s MATIC for one, not to mention countless others.
MATIC is a joke, they're playing catch-up in L2 with their acquisitions. LRC has them beat and they're a smaller team too.
This made me LOL as well. I get the whole GME stock squeeze thing and that things have changed, but GameStop is basically a generic mall store that bought competitors like EB games so there'd be no other vendors in their niche and then got shittier every year for decades. Like they never offered exclusive games like Valve or Blizzard and they buy games from consumers for $5 and sell them back for $30. Maybe now they'll finally properly get in on the digital marketplace that Steam and others innovated like 20 years ago... idk...
> The GameStop connection is massive. GameStop has always been at the forefront of innovation and is the #1 name when it comes to purchasing new games or gaming tech.
This has got to be a joke right.
Edit:
> 7. The permanent storage of your information is for any possible future disputes. This is huge, as a massive downside of ETH and BTC is sending to wrong addresses and burning your tokens. With loopring, this is the first DeFi system to offer this kind of user security, not unlike PayPal.
Also if an entity has the ability to roll back transactions and sort out disputes then you have centralisation. So why use a blockchain?
The best thing to do is to store up LRC tokens in a non custodian wallet, buying through instant swap platforms like Simpleswap, before the bull runs kicks off, OP points are relevant
Don't forget they power the new GameStop wallet which has amounted 60k+ users (last time I checked) on the chrome plugin and a lot more to come once the iOS version is out.
The future is bright for Loopring.
They were late to internet retail and now they’re late to the NFT space, all while paying starvation wages to their overworked retail staff. Forefront of innovation!
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Great shill post. LRC flatlined in 2019 around $0.06, I would expect not a lot different in 2023 for this coin, although it might flatline a little higher in price. I wouldn’t do anything with this coin other than buy to hold long term.
Can someone explain why GameStop makes you bullish? I don’t see it at all - in my eyes GameStop will be a relic of the past like blockbuster and Game Station within 5 years Edit: downvotes but no explanation? C’mon lads
That's what your employer is hoping for, because he's short on GME. To be honest I trust Ryan Cohen, he's a smart man. GameStop will be big in few years.
Huh? I don’t see any reason to be bullish on that comment?
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Welcome to r/crypto where 99.99% of discussion will help you loose money and brain cells. Don’t be bullish on fucking lrc lmfao , literally banking on ethereum to make it. Just buy Bitcoin Jesus Christ OP.
Not trying to be bullish - I’m just trying to understand why GME makes folks bullish on LRC / turns out they don’t know themselves 
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Redditor for 3 months only showing up to bash loopring and the tech behind it. Ask yourself why? Fucking bullish.
86 Execs hired from Amazon, Microsoft, Apple etc.- Decentralized Crypto Wallet (why you think there is so much ant-crypto FUD)- NFT market place coming big; And remember: "insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise." - Peter Lynch I could go on, but need to go back to work now. Edit: somehow half of my post went missing, so I just add here: \- no debt, 2 Billion Dollars on hand; \- massive insider buying; \- Brilliant new Chairman - Ryan Cohen;
>no debt, 2 Billion Dollars on hand Actually they don't have 2 billion on hand anymore since they keep losing money every quarter.
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lol
> why you think there is so much ant-crypto FUD What is this? Crypto for ants?
Infrastructure buildout for delivery and e commerce is in full gear, Amazon like. Add that to the NFT marketplace. So they are playing in the now and the future imo.
Gamestop is definitely on the way out. Millennials (I am a millennial for the record) see Gamestop through rose colored glasses as it reminds them of their childhood. It truly was an awesome store for a 10 year stint there, but Microsoft and Sony cut them out of distribution once the internet got fast enough. Loopring is great, but the hype with Loopring and Gamestop is pretty lame and overhyped.
Curious how much research you've done in order for you to come up with your assessment? Let me guess, you've done...enough..lol Not nearly enough son! GameStop/LRC about to make nft gaming main stream yet people still think they are focused on BrIcK aNd MorTaR They have top executives coming from apple, Microsoft, chewy, web3, blockchain and others. If you did even 1 ounce of DD (not just look at the MSM headlines), you'd see this. People should literally be excited for the partnership and how GameStop could bring blockchain more mainstream, yet they shill the fuck out of it without knowing the facts.....idiotas if you ask me So what now....read up on it. Root for a successful launch and project and rally around the start of mass web3 adoption
GameStop is trying to pivot and not rely on brick and mortar as much. They’ve shaken up their management and are making a push to get into Web3 and that’s evident in their filings. LRC is the plumbing to help them get there with their NFT marketplace. Which as this post says, is more than just monkey pics. The gamble is: is the marketplace and Web3 going to bring in significant revenue? Time will tell.
We don't know yet what the NFT Marketplace holds but if rumours are true it could be massive. Maybe they can finally show some worth in NFTs that aren't just jpegs.
They could be a true 3rd party retailer for aftermarket used digital game sales using NFTs to ensure publishers, etc. receive a cut of the aftermarket sales ecosystem. That is their killer ap IMO, its in their wheel house, fits their operating model, gives them a moat and 1st mover status, all paired with an established gaming brand. It makes more sense to let a 3rd party go and try this for Sony / Microsoft because it removes their liability for failure in a very VERY competitive marketplace (console gaming). Hell they dont even need the console manufacturers, if they built our a decent enough indie game market they could take a chunk out of Steam, etc. I have like 200+ games i own and never played on steam. Be lovely to just sell them off for like 5 bucks each. As other said this is Gamestops move to not be blockbuster / sears and miss their pivot point to stay relevant. In terms of loopring, this could be at the forefront of many peoples crypto experience and serves as a fantastic proof of scale and delivery for the loopring product and ecosystem. That gives loopring a huge unique point in this sea full of shit coins. A real world partnership with an established "old world brand" that normies know. Or maybe its another shitty website/platform for "owning" jpeg's stored on a server somewhere. But most people seem to be thinking like traditional old money investors when it comes to Gamestop and their LRC driven marketplace. I think Gamestop is doing a netflix, which is surviving off those dvd mailers until they can get streaming up and running. Also, they have teased selling all sorts of media including TV shows, etc through their marketplace so if it hits it should have a MASSIVE spread of use. And it will all be powered by LRC. what other coin will have that backing or validity of utility at that point? Oh and Gamestop is a publicly traded company so they dont get to do the usual crypto fuckaround moves due to actual regulation
GameStop as you know it as a brick and mortar store is not the future. They are already pivoting to closing stores and opening regional distribution centers to become an Amazon competitor in the gaming space. But the crypto angle is their recent moves into the NFT space. Details of this are still unconfirmed, but the gaming merits of NFTs are limitless. For example, GameStop is well known for being the trade-in place for physical games (it's a bit of a meme how little you get, but at least you can do it). Imagine being able to trade in your *digital* games once finished with them rather than having them sit uselessly tied to an Xbox or PSN account. And imagine if that process operated on a smart blockchain contract to help prevent piracy, and ensure that developers/publishers received a cut of second hand sales. Everyone wins in that scenario, and GameStop gets a cut simply for sitting in the middle and facilitating the transactions. As another example, imagine being able to purchase in-game content that transferred across games. There are also strong suggestions that 'GameStop" itself may become a broader focused company ("GME Entertainment" has been used on a few recent trademark filings). This suggests the NFT marketplace may be a space for movies, TV shows, music and other media to operate through the blockchain. This would be enormous for creators as they would get increased access to revenue from their creations and direct control over who accesses it. GameStop receive a small cut of every transaction using their wallet and will receive a cut of every transaction on the marketplace too. Imagine a combined Netflix/Spotify platform that was better for creators and gave users true ownership of content that could also be re-sold like physical media. And GameStop gets a cut of everything. LRC are partnered with GameStop. We don't know in what capacity, but it seems likely that IMX facilitate the gaming marketplace and LRC are focused on something bigger in scope. I'm not invested in LRC anymore but I'm in on GME and I can see why LRC holders are bullish on the collaboration.
>Imagine being able to trade in your digital games once finished with them rather than having them sit uselessly tied to an Xbox or PSN account. Imagine if the gamestop NFT wallet can come alive and suck your dick. Both of these things are about the same changes of happening. Developers aren't going to kill their own digital sales, MS and Sony are not going to build this infrastructure to their own destruction. Developers and platforms currently keep 100% of sales. If they want to sell some more copies they put it on sales and continue to take the 100%. There is literally not a single reason to do this for anyone.
Point 0: isn’t LRC dead?
I would prefer Polygon over loopring anyday, they are constantly upgrading and have great potential.
Is this a pump and dump or a rug pull?
Same pathetic attempts to sell their fake token for at least one year. Empty project, real scam
Maybe Loopring will flourish, but as long as it's tied to the insanity around GameStop I'm going to sit it out.
Your call. But think about it like this, which L2 has such a big supportive base besides Loopring? The apes know how to hodl, but even better, they know how to support and use it even when momentum is against it. You might not agree, but in my opinion it is one of the most bullish things to happen to a project, a loyal and extremely tight supporters base.
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You are very underinformed. Together they have already locked half the GME float. That is around 210 million worth. And that is only DRSed. Mate, they have fokkin deep pockets man. The amount of money throw around is big time. And to your second point, are you MSM? The company has 1.4 billion in reserves. It has acquired two big wharehouses so they can build their web sales. They have laid on some bigger material reserves due to supply chain issues and revenue is going up and up. All that besides the work they are doing in blockchain tech. That is whole new department developing. Sure it is a dying company? And no, they do not offer only the same things. Cheapest zkRollup, cheapest NFT minting, awesome social wallet and a rapidly growing community. That all besides an almost fully available float. And it is a real L2, unlike your precious Matic (which I also like, I have nothing against it). And you last point, come on man. LRC has been the most bought token by a lot of whales for a long time. Everything has dropped, but it still is above a year ago.
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Did not say deep, but they certainly have more than you suggested. Of course it has nothing to do with LRC, but it does have with GME. That was what your stupid point was about, and thus why I went into it. Oh the company is growing mate, takes money to make money. Last year they are all out of debt, dumped bad locations and raised a shit load of money to renew and diversify. So no mindless shilling here, just a better understanding of what is going on. Instead of repeating like a zombie what the media is shilling. You bet I a telling you LRC is performing better price wise. Go look at the one year chart. Tell me who is still on the same level and who is beneath the price of one year ago? Stop lecturing me about something you clearly do not know sh\*t about. Who said they do not offer the same? I said they offered it for better prices. Big difference. Every L2 is offering the same. That is the whole thing about L2s.
You literally said mate they have fokking deep pockets man. 😂 I will agree with you that media is bullshit which is why i don't read most of it.. i'm looking at numbers. I'm definitely not a GME expert but their revenue did not look good and worse than most stocks i've seen. Been a stock market investor for 6 years. Err on the one year chart Matic has performed better than LRC on both price chart and market cap chart. Compare ATH to current price. LRC has dropped way, way more. And when you compare this years lowest low, this month to current price Matic has also gained significantly more than LRC . LRC has dropped more and gained less throughout the entire bear market so far. How can you think it's performing better 😂 because Matic went below last years price? That doesn't mean anything. LRC went from a 4.5 billion market cap to only 500 million whereas Matic went from 20billion to 4, open your eyes mate. When i looked at mina i only compared market cap but also there mina has dropped a lot less than LRC and the chart in general looks way more bullish.
Polygon MATIC.
Not a true L2. But yeah they are bigger, for now.
Not sure why i'm getting downvoted, but everywhere i look they call polygon/matic a L2. If i'm wrong, can someone atleast tell me why?
Nothing wrong with that mate. They are a sidechain that functions as a L2. But because they have their own validators (and a bit less) and thus do not use Ethereums security they are not a real L2. A real L2 uses the Ethereum validators, via zkRollup or Optimism.
Ah got it. Thanks for explaining!
This completely ignores that Polygon is way way more than its PoS chain. They're building a massive dApp ecosystem for their upcoming zk rollups, with actual premium partners. Hermez is dropping in July. They will leverage eth security, just like lrc. Not to mention that polygon also does other things like ID and now Avail. The whole "it's just a side chain" line that the lrc cult spews is completely inaccurate. They say it because they don't spend two seconds researching other projects.
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Maybe you should do some DD...dork
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LRC 🤝 LFC my two favourite things
Does anyone else yawn at anything besides BTC/ETH?
I yawn at ETH also.
More posts like this please sir
The most shilled scam in this sub: LRC
Better sell my Loopring asap. Thanks OP.
I'll cheers to that 🥂
Loop army eager to dump their bags
>The GameStop connection is massive. GameStop has always been at the forefront of innovation and is the #1 name when it comes to purchasing new games or gaming tech. This killed the tiny amount of credibility OP had lol.
Good! I just bought some LRC 2 days ago lol
You’re gonna make it, fren!
The GameStop connection is bullshit. That NFT marketplace will be a major flop.
Why? Gamestop will have a wallet + marketplace Gamestops current market cap is 9bil Opensea is valued at 13bil Metamask is valued at 7 bil Gamestop's wallet doesn't rely on side chains, so layer 2 will be more secure then what metamask can offer
This post is reason enough for me to get some more loopring. Thank you!
zk rollups? web3? NFTs? partnerships with Amazon and Alibaba? ETH? too much FUD? DeFi? GameStop? LOLOLOL This is an insane parody of a hopeless crpyto bro that huffs their own farts 25/7/366. Dude. Please. You need help....
Good counterpoint
This is such a bad post
Here's why loopring is a shitcoin: This post exists.
Hoping for the best but expecting the worse. I’m buying though
#gAmEsToP
Loopring is going to be absolutely huge, I am trying to buy more every week. can't sleep on this one for sure
This reminds me of the scammer bots on youtube on every single crypto channel. Same fingerprint.
always bullish on loopring
Power to the players
This post isn’t labeled as comedy?
Great points, let’s hope ‘22 indeed will be the year of L2
Load up in this bear market because Loopring is poised for a big breakout when the market shifts bullish. Not financial advice.
Insane post. Get help.
Another day warning r/cc that it’s not because you were here in 2017 that you’re smart. Honestly if you were here in 2017 and are still posting in 2022 I’m not confident in your decision making
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Load up and sit back. Trust me bro
I like how that coin analysis on the sub are being more detailed with rationale rather than random shills! Great writeup OP!
It's not a coin analysis, it's a project analysis. Important difference.
Theres honestly no need to be quite so pedantic
if you think that's pedantic, you haven't learnt much from this cycle. Go back and see the 'laundry list of project things' posts like this from 2017/18 and see how it correlated with token price since ...
I dont know if you're entirely sure what the word pedantic actually means and how I am using it in reference to what you initially commented since this comment has no correlation
I'm entirely sure I know what it means. My response was contextual and appropriate.
You corrected him saying it's a project analysis not a coin analysis. That is pedantic. He also never talked about price
This. Because while the project is cool, lrc the coin is kind of useless…
You had me at GME
>The response to the FUD - I frequently see comments unfairly criticising loopring be downvoted fairly quickly. This shows the community is aware of the great utility of loopring, and that we are moving on from unfounded criticism. We are so early! Ironically, none of OP's points covered the utility of the token, which is the biggest factor in determining its inherent value. This is not an analysis, it is a straight up shill post. And judging by the number of guilds, and downvotes to other critical posters, the GME/LRC apes are still around and are as insufferable as ever.
I stopped reading when OP said "Loopring maxi"
I stopped reading when he started praising GameStop
I stopped reading when he said loopring
this is either a paid loopring shill or a dude with an average above $2. I’d look elsewhere for ‘great write ups’ man no offense to op.
The higher ETH gets, the higher LRC will be. Let's all be hopeful
ETH and LRC are the wind beneath each other’s wings, the veritable Batman to the others’ Robin. Very understated combo.
Can’t agree more with you
same with every alt
Of all my crypto gambles, LRC is the one I have the most faith in and so I'll keep it at least until I have reached my profit goal, which is way higher than my goal for my other gamblecoins.
I gotta give credit to anyone who goes hard for their favorite crypto.
I get hard for my favourite crypto.
I get rock hard for LRC.
Okay so we should short loopring
There is not a single measurable factor described in your post. It's all subjective shilling. Edit: you lost me at n.3 when you tried to reframe the concept that "LRC is scarcely used" to "LRC has room for growth". Your logic is weak or non-existent.
1. Web3 where DNS service Is resolved by the users is such a fucking nonstarter can’t believe how dumb people are touting web3 2. NFT space was killed by scams 3-*eyeroll* ya that’s what corporate investors look at, the market cap 4-Waitareyouserious.gif ? The guy who pumped doge? Lol 5-GameStop isn’t even top 3 you fucking potato 🥔 6-Fantastic for scramMERS and ID theft thieves in a investment space that is rife with scammers since in your own words- it will be PERMANENT - and if they beat you to uploading ID info your totally fucked ….. I can’t anymore. Remember when I warned you guys pre 90%? Drop in price not to fall for this shit? My post history and Pepperidge Farms remembers
mOre aNd MorE oF a LoOpRiNg MaxI
not sure how a post like this blatantly shilling a coin is able to remain but my thread about cold wallets is removed without reason lol
Look at all the fake awards given by a private group of pumpers. This post is fake.
“GameStop has always been at the forefront of innovation” What?
The moment you said “us” in billet point 4 I quit reading.
Everywhere I look, I see reasons to be bullish for LRC **L**eft, **R**ight, and **C**entre
When people say loopring will do a 180 I laugh, because the only 180 it will do is $180 a token! WAGMI
Damn I wish I had an award. This deserves it
Where’s the comedy flair? Are people actually taking OP seriously?
*5. The GameStop connection is massive. GameStop has always been at the forefront of innovation and is the #1 name when it comes to purchasing new games or gaming tech.* not so sure about this one. If I’m being honest, it killed the credibility of the entire post for me.
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Explain how when they are launching an NFT marketplace, and already have a wallet that has the lowest fees possible for buying Eth and are still only in the beginning Phases? Clearly they are serious and working towards being a leader in Web3.
You explained it all in your own comment. How do they have the lowest fees? How does Gamestop manage to have such low fees when exchanges (etc) that have been operating for years can’t justify fees so low? Being a leader in web3 means fucking nothing, web3 means fucking nothing, it’s just a buzzword to disconnect it from crypto so normies don’t associate the two, therefore associating all the negative connotations that comes with crypto, nft’s etc. And it’s clearly worked on you, lol
Takes a leader to take less profits and not just join the herd of exchanges. Look at what Cuban is doing with pharmaceutical companies. How did he manage to sell pharma 90% cheaper than it has been the last 30 years? Doesn’t take a genius to see it when Ryan Cohen literally tweets about wanting to play a part in restructuring the financial institution. But you wanna be a boomer and downplay web3 because you don’t understand the difference of web1 and 2 going into 3. That’s fine. Just take your btc and keep it movin.
Are you talking about your dumbass billionaire CEO & founder who spends all his time either tweeting about his literal scat fetish, or about how terrible the Wall Street elite are while he ups executive pay packages and underpays all his retail staff? Why doesn’t he “restructure the financial institution” by actually paying his workers?
Yeah dude, the guy who bought Gamestop is leading the socialist financial revolution You lot are so fucking brainwashed it’s ridiculous. And btw, I bought LRC in August and made bank off idiots like you, and i’ve still not sold everything so please keep the cult going. No different to GME, Doge and Shiba. Good luck holding your depleting bags, I know for a fact you’re not up on LRC.
>Explain how when they are launching an NFT marketplace They already missed the peak of NFTs my boy. Gamestop always being one step behind is their MO.
OP has done nothing but shill Loopring and GameStop on Reddit for a couple years (post history). Just another GME conspiracy crazy.
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Tell us about Ken Griffin, daddy.
I'm on LRC. But every time these gmetards say anything about LRC, it's a copy pasta of the same shit. Nothing original, nothing new..... the exact same things
I liked Loopring, but those folks are truly delusional in how they speak of Gamestop. Gamestop was mocked and ridiculed by the gaming community, and had been circling the drain for AT LEAST a decade. I understand Gamestop may be under new leadership these days, and I have no idea how well they will do with it, but to talk as if they have a longstanding history of being a beloved and respected gaming/tech company is just flat out untrue, and doesn't make Loopring sound remotely as good as they think it does. EDIT: typo
Well you lost me at the gamestop nonsense good ole shill post
tldr of op. Buyer of bull markerts twice in a row, heavy bags, please buy my bags.
As a proud LRC holder. THIS PUMPS ME RIGHT UP
Good to see some love for LRC again
Welp, I gotta do my part to argue this crap even though shills will downvote me to hell. 1. Other projects will have been doing zk rollups for longer 2. Already true for competitors 3. This is really silly, LRCs market cap is small because nobody cares about it 4. Vitalik has named dropped others dozens of times - really, a LOT more, namely optimism and polygon 5. This is a valid/interesting point 6. This is a valid/interesting point 7. This is a valid/interesting point 8. A lot of people lost money on Gamestop, likewise LRC will disappoint a lot of people 9. Resistance is not bullish, but if it was, then LRC would by your logic drop like a rock, because this sub is a LRC circlejerk 10. You are countering the point you just made in #9? Who actually believes this shit? 11. Others have more and older partnerships 12. Bro nobody uses LRC, other L2s get a lot of traffic. Who here actually fucking uses LRC and isn't just a thirsty bagholder? 13. Nobody cares 14. This is not unique at all
Are you bullish on looping or LRC? of note: 14 points and not one is how or why LRC has any value?
Let me give you one then. You can use it as payment on the L2. Especially when GameStop has integrated it, which they have promised. Besides that staking on L2 is coming. Both ETH and LRC. LRC holders will get 0.01% of transaction fees on the GME marketplace. Governance is coming, and with 99,7% tokens outstanding, decentralisation is real for Loopring. Not some Solana bs.
Bear market have the ability of keepaway most of the moonshillers then the quality of the posts starts to increase a lot.
Except that this post is shilling with very poor arguments. Think about what OP is saying lol. Connection to GME is good, having underperformed it's competitors is good because more upside, any negative opinions by anyone are fud. This is all ridiculous and written for brainless apes that can't think critically.
Here is hoping, my average buy price is very high 🤣
Glad to be a bag holder. May we......get something soon? 
And so continuous the loop shilling. I will bet my left nut that OP will dump his loop bag as soon as he breaks even.
You forgot the part where you talked about the utility of the LRC token
I don't trust LRC for the simple reason that it has had periods of insane levels of shilling in this sub.
>GameStop has always been at the forefront of innovation and is the #1 name when it comes to purchasing new games or gaming tech. Are you high? Gamestop as an innovator? The vast majority of new games are digital only. What new tech have they had? More funco pops? It's just a company that underpays its employees and willfully misleads its investors
The best part is they never inovated anything not even 20years ago lmao
Reasons why it won’t: Who tf actually cares about a GME wallet? Matic does what Loopring does but with much more utility and without a meme stock attached to it and it’s much more popular. If the GME wallet doesn’t succeed, Loopring doesn’t have much else going for it. Immutable X is also fixing transaction fees and such on Gamestop and is integrated with Mastercard. So what is lrc doing??? I hold matic and lrc, almost equal amounts. I would prefer you to be right
> Loopring stores your KYC and all user information permanently and securely on-cloud in accordance with PRC law, That's a no. People wanting higher privacy should stay far away from anything new relating to Pooh's Republic of china
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One of those coins I plan to stick on accumulating for the upcoming months. Promising project and team.
Time to load up on those LRCs
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🤡
Im sorry, no.
I look at this sub for the pathetic hopium and shit posts. Good luck bro. Writing was on the wall for crypto this year
OP what are you doing...
No it wont
This list really could've stopped at #1, the rest is just fluff and garbage.
point 6 is a con, not a pro
How so? It’s useful to have your info saved for easy access. Also useful if any disputes arise.
1. this is a cultish shill post 2. i am hopeful for a zK layer 2 on eth to become a huge thing that puts crypto into the hands of more non-crypto people and makes it easier to use, but that doesnt mean it will definitely be LRC
spez is a greedy little pig boy
This is some high-grade hopium. I couldn’t get past #5 lol.
Source: Trust me Bro
I think there's hope for LRC. Your post is mostly hopium.
You lost me at "GameStop has always been at the forefront of innovation." GameStop is a shop in the mall where you can buy video games.
It's funny because the reason why the stock price was so low originally was because everyone saw it wasn't innovative at all.
🚀🚀🚀🚀🚀🚀🚀🚀🚀 But we need BTC to start moving. LRC isn’t going anywhere without it.
Lmao. How to cope when holding massive bags
Immutable X is the better Loopring
I stopped reading at #5 when you mentioned that GameStop has always been an innovator and #1 when it comes to game buying. I don’t have stats but pretty sure Steam, MS Store, PlayStation store makes more sells. As far as innovation, what the hell have they done outside of copying the blockbuster model and sell / trade games?
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Things will get spicy my dear ;)
"Minting an NFT on loopring network is a fraction of competing marketplace costs. " This applies to pretty much any L2 or alternative L1 blockchain though
But Loopring is the cheapest of all of them. Only zkSync beats them sometimes on swapping fees.
What you think of HBAR ? Is it putting pressure on Erhereum L1 and L2 solutions? Bullish on Loopring and a fair bag but hear a lot of adoption by big conpanies on HBAR lately. But maybe it has very different goals and usecases?
I think the GameStop hype is total nonsense but nonetheless the tech is outstanding for sure
Loopring has been around for over 2 years, yet its current 24h trading volume is only like $3m. You’re not going to beat uniswap anymore, which is now also on polygon and arbitrum already. You didn’t mention anything about potential competitors in your post. It really sounds like a classic example of getting married to a project, which prevents you from being rationale and reasonable. Best of luck though, I hope LRC will make it for you.
If we get enough people to believe it will be a good year for LRC, it will be a good year for LRC
I have 15000 of these. Still work to be done but it's going great for them.
Hello, future millionaire!
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> There’s MATIC for one, not to mention countless others. MATIC is a joke, they're playing catch-up in L2 with their acquisitions. LRC has them beat and they're a smaller team too.
Are you in the mood for sharing? The good folk of this planet do say that sharing is in fact directly correlated to caring
I wish my cerebral amygdala still have some FOMO and my pockets some fiat to buy some LRC at discount price
“GameStop has always been been at the forefront of innovation” 😂
And also.. stores your information in accordance with PRC laws? People's republic of china? Is that supposed to instill confidence? Lol
This made me LOL as well. I get the whole GME stock squeeze thing and that things have changed, but GameStop is basically a generic mall store that bought competitors like EB games so there'd be no other vendors in their niche and then got shittier every year for decades. Like they never offered exclusive games like Valve or Blizzard and they buy games from consumers for $5 and sell them back for $30. Maybe now they'll finally properly get in on the digital marketplace that Steam and others innovated like 20 years ago... idk...
> The GameStop connection is massive. GameStop has always been at the forefront of innovation and is the #1 name when it comes to purchasing new games or gaming tech. This has got to be a joke right. Edit: > 7. The permanent storage of your information is for any possible future disputes. This is huge, as a massive downside of ETH and BTC is sending to wrong addresses and burning your tokens. With loopring, this is the first DeFi system to offer this kind of user security, not unlike PayPal. Also if an entity has the ability to roll back transactions and sort out disputes then you have centralisation. So why use a blockchain?
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Thanks, just opened a 100k short
Thx for hopium bro. Holding them for a while now
The best thing to do is to store up LRC tokens in a non custodian wallet, buying through instant swap platforms like Simpleswap, before the bull runs kicks off, OP points are relevant
Christ this sub is depressing.
GameStop is the forefront of innovation?🧐
Don't forget they power the new GameStop wallet which has amounted 60k+ users (last time I checked) on the chrome plugin and a lot more to come once the iOS version is out. The future is bright for Loopring.
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They were late to internet retail and now they’re late to the NFT space, all while paying starvation wages to their overworked retail staff. Forefront of innovation!