/biz/ - Business & Finance

>>25585758
LTC is a bad choice. Buy more algo or some cardano instead

>>25585758
Why on earth do people still buy Litecoin? Whats the appeal? Digital silver is such a non-argument. Buy literally anything else.

>>25585827
I used to buy small amounts just to use as actual currency because it was fast and shops actually accept litecoin. No idea why you would buy and hold it tho

>>25585825
>>25585827
Litecoin will double soon and easily has 10X potential.

Normies see litecoin on Paypal. NAICE sounds like Bitcoin but cheaper. I BUY.

Litecoin is good 2nd choice, what do you think normies will buy when they get priced out of BTC at over $40K?

>>25585758
Let me know when you buy so I can sell. It's gonna dump the moment you get in

>>25586154
Gay opinion but the name "Litecoin" feels like a normie stopper.

>>25586154
normies don't know what a good price is, right? Why would they get priced out?

>>25585825
>>25585827
>>25586186
>>25586230
losers

>>25586154
Normies don't start any pump. It's whales, The whole 2017 alt run caused by whales jumping between shitcoins

>>25585758
what's the consensus on ALGO? seems like great normie/finance bait.

>>25586289
yeah but what kind of Whales ??? most of Whales the one that pumped ICOS were hedge fund from SV get your facts straight !!! This bull run will be kept running on coins with strong "Value Store" and LTC is top 3, there are no Angel Investors Whales in this Bull Run, they will not pump your shitcoins.

>>25586300
Very nice tech with a Nobel Peace Prize winning MIT PhD lead developer. Connections with ISDA Swaps and Derivatives Board. Algorand blockchain being used for the backend of Marshal Islands CBDC, which could lead to interest from bigger countries if the project succeeds. Only bad thing is the current tokenomics, but at least a lot of them are allocated as staking rewards.

>>25586493
That Marshal Islands test is the most interesting thing. Are there any other coins that have been publicly named as involved in a national currency roll-out?

>>25586705
I think there a few projects that have had trials with national banks, but no concrete partnerships that have advanced to something like this. It's why I'm not really worried about the tokenomics. If ALGO could land just one big country's CBDC platform, we're talking about trillions of dollars going through the ALGORAND network. And why would allies of this country not want to develop their own CBDCs on the same network for interoperability? It's by no means a guarantee, and has a lot of risk, but it could pay off in a huge way. Right now I have a little over 7K ALGO, and it's the only crypto I have. Putting another 2K into it would put me over 10,000 ALGOs which was my original target before it started pumping.

I wish I had the balls to pull the trigger on this and ETH/BTC and either LTC or Cardano but I just feel like shit will dump as soon as I put the rest of my fiat in.

>>25586862
note that Marshal Islands are very much a US protectorate. it's not like running a test in Zambia or somewhere.

>>25587042
I don't think they're a protectorate anymore, but they still have some weird relationship with the US that entails special privileges for its citizens. That's something I've thought about, but for now I'm choosing to believe that it's not indicative of bigger things. Just a happy coincidence.

>>25587124
They're under the US sphere of influence. It means they can't do shit without the US knowing about it, especially not in currency.

>>25585758
dems have been the party of big business and wall street since the clinton era. they will be good for all markets

>>25587223
>It means they can't do shit without the US knowing about it, especially not in currency.
Mostly incorrect.
They have international sovereignty and total control over their territory. They need only to provide the U.S. with a military base and in return the US will provide defense for the islands. The agreement doesnt go much deeper than that (other than access to U.S. social services).

>>25587672
>United States government assistance is the mainstay of the economy. Under terms of the Amended Compact of Free Association, the U.S. is committed to provide US$57.7 million per year in assistance to the Marshall Islands (RMI) through 2013, and then US$62.7 million through 2023, at which time a trust fund, made up of U.S. and RMI contributions, will begin perpetual annual payouts.[80]

don't kid yourself

>>25585827
People still buy silver when theres gold.

>>25586862
>Right now I have a little over 7K ALGO, and it's the only crypto I hav
sell it March 4th.

>>25588408
Why?

>>25585758
son, you buy bitcoin with that 9k and you hold.

>>25586271
what is that in ps5s?

>>25588471
if it climbs steadily from now along the path it has been going the past couple days, Mar 4 will be the peak.