/biz/ - Business & Finance

litecoin is gay

>>58307012
Let's say you want to buy an oz of gold at a metal dealer online. If you use crypto, you save about 3% on card fees. You can spend $50 to do a Bitcoin transaction (negating the discount) or you can just use Litecoin.

>>58307012
>where do you actually get to use it?
Litecoin is literally the only coin I've ever used as a currency kek

>>58306985
cool and stuff but where do you actually get to use it?
What can you buy with litecoin directly to benefit from these advantages like fast transaction speed and non existent fees?

>>58305354

I love litecoin. Fast transaction speeds, incredible throughput, non-existent fees, great adoption, scaling, longevity and recognition. I honestly think it's a great coin. However, I think it won't be able to breach $1000 this cycle, because greyscale own 1,652,384 LTC. The moment we really start pumping ($300-$400) greyscale will begin to dump their LTC for major profits, heavily suppressing the price. I theorize this is exactly why LTC just barely broke its ATH last cycle. I think the same will happen this cycle. I really hope I am wrong.

>>58305354
Why does Litecoin always look like a silver bullion coin in these gay threads?

>>58306698

Litecoin on top of all of its bitcoin-related achivements, is also all on its own the #1 crypto for actual transactions as currency

That is the title of the coin you are calling a "bitcoin clone" - when in fact it was not even created to be a clone of bitcoin, but rather, a complement to it, which it also holds that title and only it holds that

Now post me the #1 top tier title your shitcoin of choice has gotten. dumb fuck

Litecoin after bitcoin is the most legitimate project in crypto, and its only worth $100 right now because of your groupthink, which institutions wont even bat an eye on the fact stupid retail people have been asleep on litecoin, they are going straight for it

>>58306599

Same ones offering bitcoin ETF will be offering the litecoin ETF

>>58306677
Yeah gambling.. the smart man's way. Keep ups updated on those profits

>>58305354
>Litecoin is likely going to 10k+ soon
>Litecoin
>10k
I’m bullish on LTC but that’s excessive

>>58306335

The more objective measurement to say is that Litecoin will always be valued at 1/4 of Bitcoin

And that Litecoin's halvenings will cause bullruns of their own, not as savage as bitcoin's ones but still very noticeable

>>58305354
>Litecoin is likely going to 10k+ soon
I would cry and buy everyone in /biz/ a pair of sweatpants or 6 pack of pbr

>>58306232

>Litecoin didn't go up because anons didn't value it
>Institutions are buying in to offer it to normalfags as the next best thing after bitcoin (ironically along with Chainlink as well, because it is actually a serious project in crypto) - and with reasons, litecoin is actually a top 3 crypto coin

It´s already different

litecoin has been dumping vs bitcoin and the rest of the altcoin market for almost a decade now

but sure this time will be different baggie

>>58301661
We had to wait years for wallstreet and banks to finally get ready to start selling this along with bitcoin, because this times anons were too stupid to invest well

In anons defense, litecoin only achieved recently its title of most used crypto as currency, still, this was such an obvious safe thing to invest in

Litecoin is the next bitcoin
I am glad to be early for once

>>58305535

Look at me, would I lie to you about litecoin? Lite to your face?

Litecoin Legionaires wake up

Litecoin is likely going to 10k+ soon

After years of crabbing, institutions are going to buy my bags. Thank you institutions for coming to the rescue where anons failed.

>Yeah, I'm gonna buy shitcoin #100000000000000000. Yeah, gambling in worthless shitcoins that crash to zero and spawn as frequent as low IQ poor people, that is what is gonna make me rich, my crypto money is going into that instead of litecoin

fug u anon for this. Based normalfags will make me rich this time

82% of my portfolio is Litecoin

>>58293533
>Litecoin will remain always 1/4 of Bitcoin's value for the following reasons:
litecoin isn't going to 250k this year or ever

>>58293533
>because the max supply of litecoin is a quarter of bitcoin.
no, the max supply of litecoin is 4x that of bitcoin.

I own 25 bitcoin cash and 200 litecoin
I dont care

>>58293618
I bought some yesterday, I've never lost money in the past trading litecoin. I'll get more if there's a temporary crash due to ww3 soon

Be concerned, Litecoin will reach 20 thousand or more this year. Litecoin will remain always 1/4 of Bitcoin's value for the following reasons:

#Litecoin is the number 1 crypto for actual daily currency usage. This is a coin that achieve a number 1 spot position amognst all crypto, and is a beast all on its own
#Litecoin has historically established itself as a light pair to bitcoin, the silver to the gold, and this bond is unshakeable now.
#Further, litecoin has historically established itself as a testnet for Bitcoin, making their bond even stronger

Litecoin is the most obvious investment in crypto. Investment wise it works just like Bitcoin (also has halvenings), It has been stagnant for years now because anons (you) somehow didn't pay attention to it, so it never pumped.

However, Institutions are coming in, the Litecoin ETF will be passed this year, institutions are already accumulating, which will cause it to go to its sensible price: being always valued at 1/4 of bitcoin - because the max supply of litecoin is a quarter of bitcoin.

Litecoin is irrevocably light Bitcoin while also being the #1 currency for a merit all of its own.

This will explode, you must own at least 50 litecoin so you can make it. Otherwise this time institutions will beat anons to crypto, rather than the other way around