/biz/ - Business & Finance

What is Litecoin's problem seriously?
Crypto space is a pure joke these days, absolute fraudulent dogshit scams like SOL, ICP, SHIB, heck, even dead coins like LUNA are pumping way more than LTC did in the last 6 years.
Millions of LTC bag holders who actually believed in crypto will never ever recover from this.
At this point even if LTC pumps back to its $420 ATH ($530 inflation adjusted), the cost of opportunity would still be horrendous.
Buying Pokemon, Magic The Gathering cards or even Belle Delphine bath water samples would have been a way better investment.
The damage this coin has done to itself and its hodlers seems irreparable.

>>55648580
Because everyone had sold their DOGE bags as people though the project was dead.
Then came Elon mega pump and people bought back at much higher price.
So unlike DOGE there are way too many long time holders in litecoin who got in very early or bought in the low 2 digits.
Many retards in the litecoin community are in fact begging for litecoin to go lower so they can buy more, the same retards who then whine when LTC performance being atrocious.

Literally two more weeks before litecoin halving.
This only happens once every four years.
Block mining reward will decrease from 12.5 LTC per block to 6.25 LTC per block.
How will this affect litecoin price in the coming weeks/months is anyone's guess.
What is your prediction?

Source:
litecoinblockhalf.com

Litecoin is back in the top 10 crypto on cmc in spite of the general dump.
It might be a surprise for some but this was predicted by most around here.
It looks like litecoin can grab a few more ranks by the end of the year and reach top 5 by 2024 as the imminent halving will only accelerate the trend.
Congrats to LTC holders.

>>54903274
why don't they offload a bit on litecoin

When will it dip?
What would be a good entry price?

The smugness and the arrogance of this litecoin pump is unacceptable.

>213 days before halving
litecoinblockhalf.com

Theoretically, how hard could pic related pump if it's labeled as a commodity along with BTC while pretty much everything else gets ban-hammered? It seems like a commodity designation is priced into BTC, but not sure about LTC. I know nobody talks about it anymore but that just adds to the bullish case if the SEC comes out of nowhere and reminds everybody what it is.