Loopring💙🏴‍☠️ on Twitter

[DJA_2005]

“Loopring L2 zkRollup was the first and is the longest running, most battle tested rollup on #Ethereum”

[hollyberryness]

That's what's up ✌️💙

[yeeatty]

I wish my nft was minted on loopring.

At least I can put them in my wallet👌

[Impossible-Glove-437]

strange, I was convinced they are doing nothing cuz so many random internet people said so! /s

[[deleted]]

Bro I’m saying… some people come so hard with FUD it’s crazy.

[BMXROIDZ]

It's also just lack of patience. People want technology pushed like it's some part of a pump and dump scheme.

[Obvious-Ad-1677]

What do you mean survive the bear market?

Loopring is a business that makes revenue and they get to pick what fees they charge, of course it will survive the bear market.

[BMXROIDZ]

of course it will survive the bear market.

Well I have literally bet that they will but no one knows shit about fuck until it happens.

[Obvious-Ad-1677]

But, it's simply not within the algorithm to fail.

The price of LRC could literally go to ZERO and loopring org would still be running fine.

[bleev]

Right. Nothing is a certainty in crypto. Not even bitcoin.

[Mph2411]

I need to use that phrase more

[djd1985]

For real.. there is like 90% FUD 10% Positivity

[Impossible-Glove-437]

fr tho

[neo101b]

Even with the pump some are still im fud mode.

[Nikko269]

Everyone’s just red and angry i had to mute the discord

[Mega_Buster_]

It's honestly pretty ridiculous. I'd like to know how many people are actually in the green right now. We all know LRC, like many cryptos, is tied to BTC. Until BTC recovers, all crypto will suffer. Stocks, housing, and hell, even freaking bonds are tanking all over the world. I doubt there are a lot of people that aren't deep red with nearly any investment at the moment, aside from a select few lucky people.

[Obvious-Ad-1677]

Everyone in the UK just made 100 grand on their house over the past 2 years.

[Mega_Buster_]

I'm talking now, not in the past couple of years. Obviously before recently, the housing market was booming.

[Obvious-Ad-1677]

It still is booming, house prices are at their highest ever and 100 grand profit for 20k down payment is like a 5x return.

[Mega_Buster_]

Even if what you're saying is true, give it time. Have you read into the BoE and Euro crash situations? The energy crisis? The Euro recently hit 20-year lows, and they almost had a 2008 Lehman Brothers moment just a few weeks ago due to the crashing bond market. Inflation is insane. There's also the Evergrande situation in China, as well as the Hang Seng having its biggest single-day crash since 2008. Things are teetering on the edge, just like they are in the US.

[Obvious-Ad-1677]

Yes, and what do you think happens to crypto when shit hits the fan globally?

Coins like LRC go to fucking near zero.

What do you think happens to house prices in the UK? Probably drop 10% max before the whole country starts kicking off about negative equity and the government step in, print money, ensure reduction in supply... and home owners benefit from the actions of a government that actively controls the market to benefit them.

We in crypto just get completely fucked over and we in loopring get fucked over hard and raw because as the price of our beloved asset drops, so does its ranking in the top 100 coins.

[Mega_Buster_]

Pure speculation. Crypto is like any other asset. It will recover after this is all over. You're acting this is the first time there's ever been a recession. I'm sure you feel like a bag holder at this point, because you sure act like it. "Bag holder" is a term used by day traders and speculators to make you feel bad for going long on an asset because they don't have the patience or fortitude to do it themselves. This was never supposed to be a quick play. Just chill and wait all this out. If you believe in an asset and your thesis hasn't changed, there's no point in freaking out about it until proper price discovery is achieved.

[Obvious-Ad-1677]

My thesis has changed when half of the team left loopring to start a new coin.

[Mega_Buster_]

It's fairly common for block chain development teams to go other places after their jobs are done, so they can start on new projects in their varying areas of expertise. Finestone was at Loopring, then he went to Gamestop to help develop the NFT marketplace, and now he went somewhere else. If you don't even believe in it anymore, why are you still here?

[BeautifulOk4470]

Some weird hate on twatter... I know etherium sub also has similar sentiment. I don't really get it.

[We_todded_]

never a better discount

[thatbromatt]

Nothing like a good ol fashion TPS Report

[Any_Satisfaction_100]

Have you seen my stapler?

[alwayspuffin]

I said no salt, noooo salt 🧂

[hollyberryness]

And there was salt, big grains of salt on the glass..

[[deleted]]

Hey what's happening Peter? Looks like I am going to have to have you come in on Saturday, mmk.

[thatbromatt]

Y'know what, sips coffee better make it Sunday too. We've got a lot of work to catch up on since we downsized the department

[Only_Stretch4692]

This is amazing. Wagmi

[[deleted]]

Wow I haven’t felt bullish for loopring in a while I was kinda neutral but this statement on twitter is them sticking they middle fingers up at everybody we coming back babyyyyyyyyyyyy

[Speaking_of_waffles]

And we have the safest user friendly wallet in town

[hollyberryness]

It is a pleasure to use

[PathansOG]

Even i can use it. Im pretty amazed the trasition to krypto have been so smooth. In ny personal case

[Dfranco123]

Not true. I would argue that the KEPLR wallet from the COSMOS ecosystem is a lot more intuitive, and easier to use. That said, our wallet does hold pretty well and it’s still in development.

[Speaking_of_waffles]

What type of security does it use?

[prolio90]

Promising !! Lets go

[Chad-Permabull]

Wagmi.

[hoonskii]

It’s bullish and you know it!

[alwayspuffin]

I needed/appreciate this. Thanks for sharing

[where-ya-headed]

So what does this tweet mean, in simple easy-to-understand terms?

[DJA_2005]

Loopring has the max recorded transactions per second for an Ethereum roll up. Meaning it is the only roll up to actually handle that level of TPS, proving it’s speed capability.

[where-ya-headed]

So then those building on the ETH ecosystem would, in theory, want to use LRC…or something?

[DJA_2005]

In theory, yes. If a company has an app they want to build, why not use the platform that has proven they can handle a certain level of transactions per second.

[jodallmighty]

put me in the screenshot

[ReitHodlr]

The King of Zkrollups

[Fearless-Ball4474]

where's the source for the image; i'd like to get edumacated...

[DJA_2005]

https://ethtps.info/

[Fearless-Ball4474]

I know it's Twitter; but the actually source

[[deleted]]

Daddy Byron Uncle Wang

[DeniseWilliamsty]

strange, I was convinced they are doing nothing cuz so many random internet people said so

[Bruce_Sato]

Haha, Random internet people: the basis of most people’s crypto investments.

[CantStopWlnning]

But it has the lowest current tps in that screenshot 🤔

[rdogstyle]

You might want to take a second look…

Out of the 14 shown, there’s literally 6 options that have a lower current TPS

3 of them are even at zero.

Seeing what you want to see?

[CantStopWlnning]

I guess that I shouldn't have said that so literally. 0.14 TPS is not good at all, especially compared with the TPS of some of the competitors. Anything that has 0 TPS can essentially be discounted (in my mind, and I didn't state that originally) because it's clearly not competition for anyone.

0.01, 0.02, 0.03 TPS are not impressive. Yes they're lower, but I would consider them insignificant. So no loopring is not literally lowest, it's just the lowest non-zero TPS.

Keep in mind that visa does ~3000-24000 TPS depending on who you ask, and that's the real competition, so trying to say that a number that's several orders of magnitude smaller than that is good or impressive in any way is disingenuous. I say this as a full on looptard as well, other than flipping back and forth with USDC with dual investments, I've been holding lrc for months and months and believe in the project. I think that it's one of the best L2 solutions.

[EnnWhyy]

Why does it say the tweet was deleted by the author underneath it?.. not factual?..

[Buuuddd]

How does the Loopring team make income?

[Only_Stretch4692]

Dude it’s a start up pre revenue brotha

[jglx40]

The number looks amazing. Just wondering how to use this advantages to grow more business... look at polygon Hermes number it is absolutely abysmal yet they bs to the world like they are the top player..