It may be a decent investment opportunity, or the large selloff could trigger a panic. LBRY is a curious project. It's trying to solve the problem of, essentially, decentralizing a monetized, censored video platform like Youtube. The problem is that we already have decentralized unmonetized platforms (torrent piracy) to distribute video content.

LBRY doesn't seem to solve the problem of someone ripping off original content and simply reposting it, even on the same platform, charging slightly less for it, and that will happen until the value of the content reaches 0.

I believe Steemit is going to be adding native video support in the future. I can't see how a tiny alt like LBRY is going to compete with a platform in the top-20 right now with an established and growing community of active users.

What fundamentals do you think are going to make LBRY a compelling platform that will draw a strong community of users to it? That's what brings value to a coin.