Hi!
I got into LBC too, hosted few videos there, bought some for long term investment. Today I wanted more. Got to bittrex and this happened:
https://bittrex.zendesk.com/hc/en-us/articles/360058775712-LBC-Market-Removal-April-16-2021
Now, the announcement is rather old, from March 30 2021, the price didn't move much, but on coinmarketcap, bittrex is responsible for ~80%+ of all LBC exchanges.
The LBC platform has traction. It is functional, reliable, no more blackouts than youtube, in the past 6m, good support on social media/discord, looks like a healthy ecosystem. A farcry from IOTA, where, once, I wanted to sell my sensor data. Still looking for that "Sell" button . . .
What is your take? Sell everything while we can? Hodl?
I would probably hold, see if they announce sth bigger. The next exchange is CoinEx. But I know NOTHING about them.
I was going to mostly hold, but once CoinSpot in Australia delisted it the writing was on the wall, that was the only major easy way I had to liquidate LBC.
No matter how much I believe in LBRY/LBC, it would have been foolish to hold the amount I had if it's being delisted, so I got out what I could before it was delisted.
Then Bittrex anounced the delisting and I'd expect others to follow.
I have used CoinEx and BigONE (the only ones I can find left) to move some after CoinSpot closed, and CoinEx is by far the best. No ID required unless really high values, and more volume being traded.
The ship has sailed if you want to move large volumes now, volume isn't that high. I have no idea why the price is still holding.
If the price totally plummets back to a few cents I might buy back in for a long term speculative play.
And I would guess that LBRY funding is mostly LBC, and if they can't easily liquidate it it might impact their ability to fight the lawsuit.
All that being said, I still have the 100,000 LBC they gave me as a founding partner that is still locked up so I can't touch it for another year, plus about half of what I had staked in videos, so I'm still in the game.
And I'm still using Odysee daily to watch about half my content, and also still pushing Odysee as the major Youtube alternative and I'm still earning LBC daily from views.
I even just converted some LBC today and bought a new LBC ASIC miner for fun and to help the LBRY system processing.
The future does not look good for LBRY though, but if the SEC will the lawsuit then the entire crypto community is under threat.