Why I think LBC - LBRY CREDITS will reach 50.000 satoshi soon!

I am in crypto trading since last year, but started analising seriously and learning about it two months ago.

In this article I will let you know my toughts about LBC and why I think it will grow in future.

What is LBRY?

The short version is LBRY is for digital media like videos, ebooks and images what Steem is for social media and articles.

The LBRY protocol is a mix of HTTP and BitTorrent. It creates an alternative internet and serves as a foundation for online content. Developers can build Apps to make the content more accessible to users. The final files will be distributed to the users in a peer-to-peer way that resembles BitTorrent. The major difference is that it is based on Blockchain. This blockchain stores also stores meta data from the files in the ledger. The units are called LBC (LBRY Credits).

This currency can then be used to purchase premium content stored on the network. This is particularly interesting for content creators who otherwise sell their courses on Udemy or on their own websites. There will be no access possible before the payment transaction is done. Of course users can store files with free access to everybody like YouTube. You can even stream videos on dedicated platforms developed for it, like LBRY.io.

What does it mean?

This can change the movie and TV industry. It can change the online course industry. It is a serious alternative to YouTube and Flickr. And it brings big content creators back to the table after scaring them away with copyright infringement on BitTorrents.

Actual price of LBRY Credits in US dollars is $0.89. My opinion is that will reach $2 this year without any hesitation.

I advice you all to buy and to hold some LBC because of their special technology.
(You can purchase it from Poloniex.com or Bittrex.com)