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/biz/ - Business & Finance

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25340032 No.25340032 [Reply] [Original]

>Retards are shilling Litecoin again.

This really is a bullrun isn't it?

>> No.25340079

>>25340032
Litecoin actually has value though retard

>> No.25340181

>>25340032
not a bad buy at all, it's one of the paypal coins, oldest alt, recently it's cheaper to move around LTC between exchanges because it's fast and cheaper than eth
tech might not be impressive but brand recognition, partnerships, boomers falling for the "own entire coin" and "bit-silver" memes, all of those things are bullish and it's still way down from ath while xrp went down inflames making top 3 mcap spot up for grabs
i don't own any but i'm bullish

>> No.25340310

>>25340181
when "paypal" support is actually a selling point now

>> No.25340318
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25340318

>>25340181
>>25340079

I never said it wouldn't go up. It's just that no one has been shilling it since the last bullrun so now that people are shilling their litecoins again it shows that this bullrun is real.

Long term I don't really see the value preposition of Litecoin. If I want a store of value I will pick bitcoin, if I want a method of payment I probably won't use a crypto at all.

I can see normies buying it because they are to proud to buy a fraction of a bitcoin so they just go for a 'entire' litecoin.

>> No.25341187

>>25340032
There is a bot mucking about in lite coin. Best I can tell it’s trying to suppress the price
Daily I see the repeating pattern of large buy and sell orders he’s placing and cancelling to make it look like there is a large amount of buyers a few cents above the current price, but cancels if he gets to close to the current price and raises the wall. He’s also buying on the way down to fund this.
If he gives up, lite coin would become very volatile and likely shoot up, but if he keeps going it will only move up with large purchases, it’s “natural” movement will be downward.

>> No.25341207

>>25340032
where can I get a cute waifu like that?

>> No.25341220

>>25341187
Large amount of SELLERS a few cents above
I’m tired.

>> No.25341312

>>25340032
it's all fake just like this pic

>> No.25341555

>>25340181
>recently it's cheaper to move around LTC between exchanges because it's fast and cheaper than eth
this is wrong because you'll lose at least 0.1% to exchange fees
Even with a gas fee @ 250 gwei that's only $10