/biz/ - Business & Finance

How high can this go?
I have 25

Crabbing at 0.004 sats cmon pump already

>>28328928
is the current 125 usd price any good? is a dip to be expected or is this going to go to the moon very quickly ?

>>28328928
when the fuck are we hitting .01 btc

Why can't it break through 0.0042 sats...?

>>28329057
>125
are you from last month?

You guys still holding this? What about that btc drop earlier? Everything crashes when bitcoin does.

>>28329057
It’s going to moon imminently. These small pullbacks have only been shortly delaying the inevitable. It’s finally time, & I suggest you, or anybody seeing this, to load up before it gets over $200.

>>28328972
around $400 EOY

>>28329371
That’s FUD

>>28329141
>>28329297
sorry i was looking at BNB pricing lmao
yea looks like LTC is going over 200 soon

BUMP

bought 27 more just now. Could use some LTC memes for the next 2 years help me out frens

>>28329998
My bags are packed boys

>>28330455

>>28328928
I hope it stays this low till eom
I wanna load up one more time before lift off pls

>>28328928
Some guy from the other general says that Litecoin isn't really designed for $1000 like BTC. Is this true?

>>28331383
Sounds like FUD, look at the chart, your blind if you cant see how this is ready to go x3 with ease

The holy bible of LTC
Twelve more days to accumulate
Oh lord have mercy

>>28329083
P r i c e S u p r e s s i o n

>>28331592
can you translate your little chart into retard plz?
i dont understand

>>28331592
does this mean i'll have to shove red candles up my ass for the next 12 days

>>28331592
This anon gets it

If only BTC didn't dip today, we could have very well been over $200.

So is LTC really digital silver? Why would I buy it?

>>28332216
to squeeze the hedge funds

Time to bring this bad boi back, even though he is fud.

>>28331745
accumulate and start shilling 10 days from now

Bump for visibility

>>28331745
Means that the btc/ltc pattern will repeat but now this time since btc is worth over twice as it was last time, if the same pattern between btc/ltc repeats then ltc will be worth , oh i don't know, a grand at least.

>>28333144
sounds too good to be true. Hope you're right anon

>>28333144
Checked

Please let’s not this thread die.
Bumped again.

>>28333287
History doesn't repeat but it does move in cycles. This time it is different though, obviously because of covid/clown world. Myself and many people around my age (zoomer/millenial) have lost faith in the dollar. Honestly I don't see any way this can't moon unless the jew shuts it down, but the jew is probably in on it too.

>>28333689
I think that's every person that's at least somewhat familiar with whats going on in the economy. Zoomers wouldn't have this much cash to moon all the coins as we've seen lately

>>28333689
This feels like the last pullback before take off. The final call before the train leaves. I hope everyone here has packed their bags and is ready.

>>28334198
see you soon

Bump for revival

Doesnt matter, well make it

so $1000 when?

>>28335555
THIS IS IT, LTC 1000 EOY

>>28335555
YES

>>28334173
Boomers are too deep in denial to do anything. They're staring at the edge of the cliff which is about to collapse in a mudslide but if your house is on it then it's hard to leave. Sure the smart ones are abandoning the dollar but I think we're going to see some really tragic shit with boomers losing everything and being too old to do anything about it. I guess I'm fortunate to be young enough in this time to plan ahead, and many of my friends feel the same way.

>>28328972
$2500-$5000

>>28329297
This

We need all the positive energy we can muster up, gentleman.

i bought this with ltc

feeling super comfy right now

>>28332642
Legendary whalebro

>>28336041
source? Also what does the premium rate mean?

>>28336041
Just a reminder that there is a total of 72 million LTC and since Grayscale has 1.3 million, they possess roughly 2% of the total supply. Why would a multi billion dollar investment firm buy up a decent chunk of the Crypto if they didn't think it'd go anywhere?

Back at $180 boys. We can easily see it jump to $200 similar to what we saw last night.

>>28336671
it's literally in the picture, greyscale investment holdings
that means you pay more

>>28328928
/biz/ tards won't buy a coin unless it has great memes. When will they grow up and learn? $330 EOM, $1400 end of bull run.

>>28335836
I wish man, I wish...

>>28328928
Expecting at least a doubling. Bought first 6 Ltc today

>>28328928
Fuck bros, I am trying to build my portfolio, my end game is to go all in on LTC before it goes on an intergalactic space mission. Really hope I can join you guys in a month or two.

>>28331334
Same anon, same

>>28331334
>>28338704
I’m sorry bros but lift off is at least this week

>>28335836
1.2k by eoy for this cycle

Ltc is one of the quietests coins on biz
>literally nobody talks about it, ever

>>28338704
>>28338620

You've got 5 or 6 days. Might have to sell your car and skip a few meals if you want to make it bros.

>>28328928
I'm for 10 Ltc

>>28328928
Come on guys HODL till $1000

>>28339810
you're on the wrong thread

>>28339341
As soon as i woke up and saw the litecoin price I panicked and jumped out of bed and I literally took my car to CarMax its my most expensive possession I sold it 30 minutes ago for $2300 and took a lyft back home literally just bought my litecoin make it stack bros my heart is pounsing right now i cant believe i found this board in time we gonna make it

>>28340514
damn anon that's pretty retarded. But you might just make it.

>>28340514
damn so bearish

109 LTC
will I make it bros?

>>28340860
>>28335555

>>28340860
how does 250k$ sound?

>>28339053
I have been making threads on it since mid January since it had plenty of room to grow as its not exactly going anywhere unlike most of this shitcoin scams this board shills. They of course had their fair share of fudders, but plenty said that it was worthwhile.

>>28340514
How much of a piece of shit is your car that it'd cost only $2300?

>>28332642
This meme fucked me so hard
Feeling the fomo again just seeing it

Alright fuck it you guys and that graph convinced me. I won't sell my GRT but between a small move and some cash I know own one whole LTC. If you guys are right i'll use it later to add to my GRT and link

The problem with making a general on a coin before mooning is that you have keep bumping it.

LTC/BTC ratio is down from a high (TODAY) of

278 LTC = 1 BTC

to

242 LTC (TODAY) = 1 BTC

A reminder that the ratio is STILL at absurdly ridiculous historical highs. Our historical norms is under 200 LTC = 1 BTC with some periods as low as under 100 LTC to 1 BTC .... for you new folks you can see for yourself by setting your crypto to LTC on CoinMarketCap then looking at the “all” chart under BTC.

You will note the highest ratio ever was over 300 LTC to purchase 1 BTC. THIS WAS IN FEBRUARY 2017 FOUR YEARS AGO. By May 2017 the ratio had recovered to a crazy 60 LTC = 1 BTC.

What did this mean in fiat? In feb 2017 LTC was $4. By May 2017 we spiked to $25 USD (X 6). In December 2017 we went to $400 (X 100).

They say LTC and BTC ratios oscillate in 4 year cycles. Is it true? I don’t know but 60 LTC = 1 BTC where BTC = $100,000 (doable this cycle imho) is an LTC valued at $1666 USD

And that’s conservative. If btc were to go hyperbolic and hits say $200,000 at peak at 60:1 thats a $3333 LTC

Most usable coin, bought all my drugs with it

>>28343013
Some escort sites prefer LTC over BTC due to lowers fees too. People really do seem to underestimate the utility of this coin. Whether or not this market will reflect that sentiment soon or not remains to be seen.

>>28342959
>You will note the highest ratio ever was over 300 LTC to purchase 1 BTC. THIS WAS IN FEBRUARY 2017 FOUR YEARS AGO. By May 2017 the ratio had recovered to a crazy 60 LTC = 1 BTC.
this is why I'm in on this shit, history really seems to repeat itself

>BTC still at 45k while LTC is back at $180
You can feel the momentum building. I'm gonna buy some more with cheap shitcoins i have lying around.

>>28342959
The problem is this shit doesn't have the "cheapest coin on coinbase" magic anymore

>>28343013
that's a permanent record on the blockchain and can probably be linked to your name. Same for me although now I only use monero for that

>>28343208
Yeah I have a bit less than 1 mBTC that was leftover in a wallet for years that is basically locked because moving it woud mean spending all of it in fees. ETH is going in th same direction. LTC fees are almost zero, for now...

>>28343675
Yes and? Drugs aren't illegal to buy or own here, only selling and making them. Also, they were analogs so not technically illegal bcause I am actually a pussy, mine was mostly a joke on the fact that LTC is usable as a currency.

>>28340514
Litecoin /makeit/ stack is 84

>>28328928
Have people already forgotten about the upcoming Flare Airdrop??

I unironically believe this is going to spike to 4k then crash (obv)

Since Visa and Paypal have already accepted LTC, Mastercard is almost certain to get into LTC as well.

>>28345191
Its gonna be the most widely accepted crypto

Also nice that theres a LTC general now, maybe /biz/ will finally get in on time for once

>>28344262
Oh shit, I only have 80 and change. Better grab some more fast. I can feel the moon in my bones.

>>28344262
What can you do with 84

>>28345569
avoid suicide

>>28345191
LTC is the only mainstream crypto that's even usable for payments
BTC/ETH wait times and fees are already sky high and nothing else is as widely accepted and available (paypal, robinhood, normiebase, etc.)

>>28344297
Q2 2021, correct? We are probably in a bear market then.

Friendly reminder that LTC hodlers are serfs to XRP holders.

>>28345569
Hold 1/1,000,000 of the supply. Just the good ol' 21 club Bitcoin used to have. 21 quickly became 2.1, now people can barely get that.

>>28345769
This. It's deflationary, POW, has name recognition, and is actually usable. Never understood why people shit on it all the time.

>>28328928
bumping for LTCHADS

It’s been a long time coming, gentlemen. Look at the chart & see the double bottom. This shit is gonna explode.

My cuckdotcom 90 day earn term expires in a few days and it's enough to net me a few more LTCs. Please don't moon without me. Sitting in just a couple now.

>>28346069
Because if normies entering the scene and invested in something like LTC instead of pajeet coins, then pajeet will have his house foreclosed on. The shills on this board are overbearing and it's easy to get lost in the noise and FUD. The real money here soon will be in LTC and BCH and the market will drift back towards it's proper focus instead of constantly being distracted by degenerate Trannies, Apu, and Chang. The charts don't lie. This is inevitable. If you're reading this biz lurkers....really soak it in. A bunch of globalist trannies and chinks are taking you're wealth and imprisoning you with it in more ways than one. Get out of these stupid fucking chain projects and move back into the intended utility of all of this.

>>28347300
>The charts don't lie. This is inevitable.
How can you be this deluded, nikka?

Seems as though someone bought and LTC mining rig for like 6k off Ebay. Make of that what you will

>>28348302
That's a black swan event, anon

We’re gonna make it, bros.

Another hour another Bitcoin dip cucking Litecoin

>>28332642
Phoning all anons PLEASE post the gif version of the whale I NEED IT

>>28344711
Checked!

>>28340514
Fucking larp.

>>28344711
>>28350055
Double checked. These numbers can't lie.

>>28328978
Hold off til Saturday pls I'm waiting for 50k to clear my account so I can buy some thanks

You plan on buying LTC with them Bidenbucks? Hopefully it won't moon by the time it arrives.

>>28351048
I feel you anon, I'm getting my salary in 2 weeks. I only have 5 LTC stocks now, would be nice to buy some more...

>>28351225
if it dips to like 150s i might buy more

>>28351593
That unironically won't happen unless Bitcoin crashes hard, in which case the entire market is fucked.

>>28348264
How much money have retards pumped into worthless (ie limitless) Doge coins and governance tokens for defi projects? At least $20 billion. These things are short lived and you're the deluded nikka if you think otherwise. All of that money will be rushing out into the coins people can actually use in real life to purchase shit with. Take a look at the coins merchants are accepting. The coins market leading processing companies (paypal, visa, mastercard, etc) allow/are about to allow. All of the short term trends will turn to these. BCH and LTC are the obvious answer if you have the slightest bit of foresight. The current environment of scam tokens has crescendo'd. Just take one look at the catalog and that much is obvious. I'd highly suggest reading the room.

I have $3k I was going to spend on LTC tonight, but now I'm having second thoughts. Should I pull the trigger or go all in GRT instead?

> LAWN?
MOWED.
> SIPS?
CRACKED.
> ROLLING STONES?
BLARING.
> COMPUTER ROOM CHAIR?
SAT.

Hell... it's about damn time.

From what I understand there are a total of 84 million ltc that can be mined and a current circulation of 64.5 million. Is this good? Bit coin has 21 million which is less, how would one compare it to ltc?

>>28351874
Your wrong.
Research the lindy effect.
Coins that have been around the longest, are actually the likeliest to continue to stay around in the future.

>>28351894
Why not go 50-50 if you're unsure?

>>28351874
>https://www.mastercard.com/news/press/news-briefs/mastercard-s-principles-for-blockchain-partnerships/

>BTC drops by $1000
>LTC drops by $5
Sure is something innit. If only bitcoin would just stay stable for like a week.

>>28352030
The total number of coins doesn't matter, it just means the total market cap is spread over more coins. You could compare the percentage of current circulation compared to the total

>>28351894
>>28352079
I concur. I don't know shit about GRT, but it can't hurt to diversify even just a little.

>>28352100
>Having operated multiple secure, safe, scalable payment networks around the world for many years, Mastercard is committed to bringing that experience to emerging blockchain networks and digital currencies. Our participation in these initiatives are guided by the same principles we apply to our own networks. They must:

>Provide strong consumer protection, including privacy and security of the consumers’ information and transactions;

>Deliver a level playing field for all stakeholders, including but not limited to financial institutions, merchants, and mobile network operators to contribute and benefit from the blockchain networks; and

>Operate in full compliance with all applicable laws and regulations, including those applicable to anti-money laundering, and consistent with the economic systems of the countries the network operates in.

>>28352328
>>Provide strong consumer protection, including privacy and security of the consumers’ information and transactions;

>>Operate in full compliance with all applicable laws and regulations, including those applicable to anti-money laundering, and consistent with the economic systems of the countries the network operates in.

pick one

Wagecuck here. Fuck it, I'm putting in my $650 stimulus check into- it's not my money so what the difference? YOLO

Posted this while at work

>>28328928
WallStreetBets backup discord: DjurEMPe

>>28353306
>WSB
Aren't those retards still shilling GME? Let them keep digging their own graves.

>>28352100
>>28352328
Honestly, I wouldn't be surprised if Mastercard is already in talks with the Litecoin foundation about this.

Wow litecoin is sinking like a stone

>In technical details, Litecoin is nearly identical to Bitcoin.

so why would i buy this dog shit

>>28353613
Lmfao

>>28328928
just bought a small stack of 3.5 LTC. feels good man

>>28353768
fr tho bro if ur a wagie (like myself) please do me the favour and dont cop this. you cant afford to make awful decisions.

>>28355501
>Calling LTC investment an awful decision
This shit has been memed as a stable coin for years, and now all of sudden it's prone to crash at any moment? Fuck off retard.

>>28339053

We’re all so fucking early, this shit gonna moon

>>28347300

Facts my nigga

slow day LTC bros

Do you feel it? The bull run for litecoin is coming, the cows can feel it, the bull is ready, he's almost ready

>>28356528
BTC dipped and stalled LTC's progress among many other cyrptos. Have some patience and realize that there will be many days like this where it feels like we didn't make much progress.

>>28356733
Also worth mentioning how companies like Twitter and Mastercard are said to become more accepting of crypto and BTC. Anything good for BTC is good for LTC and the market as a whole. This isn't something investors and companies can ignore now.

we're still early

>>28356683
No.

>>28328928
why LTC over BCH?

>>28357001
LTC has more room to grow and is receiving a fungability update in March 15th. Plus Grayscale purchased 2% of the total LTC out there recently and are still buying more.

Shouldn't be long now.

>>28336819
Because it could go to 0 and they would still collect a winning on fees

>>28328928
WallStreetBets backup discord: DjurEMPe

>>28343013
Lol, get ready to have your accounts locked

>>28358590
Nigger

Back at $180, fuck this is stressful. I bought at $160 so I'm fairly safe, but I'm still tense as fuck.

>>28360027
Stressful? It broke out into a J and is headed to the moon? You don't even have to check it until March when its up 70%.

Bump

>>28360027
Stressful? All you have to do is forget you own litecoin for a few years and you'll make it. It's one cycle behind bitcoin with 1/4 the price because 4x supply.

$1000 LTC is honestly selling it short. If we see a repeat of Fall 2017-Winter 2018, we could see above $4000 LTC as everyone FOMOs in. People will inevitably sell at $1000 because that's the price target they have in their heads, but after a dip and LTC goes beyond that, people will jump back in. We could also see the ratio break away from the expected 0.02-0.025 and hit 0.05 even, it's happened before. I can't discount the power of institutional money and new normie money this time around

>>28328928
oh look, a crabbing poo coin that hit $180 but will most likely plummet back to $130
kys pajeet

>>28362983
Lurk more until you understand how POW and increased mining difficulty work

>>28363103
ive literally heard of this coin since it was 60$ and less
I bought some and sold at $125 and bought back at $150
its a piece of shit and you know it

>>28363228
You heard of litecoin not even a year ago? Lmao are you 15?

>>28362983
fuck off
i was here when LTC pumped x30 in 2017 and outperformed BTC
don't disrespect the OG altcoin, it's a sleeping giant

i got my ticket for the moonshot, but i would also draw your attention to BCH... similar coin with less supply. I now have both

>>28360027
nothing to stress about, as long as it stays above 172 long enough the next move will take us above 200
no resistance till 250, we already broke out

>>28365160
BCH is not a bad play either BUT unlike Litecoin it doesn't have any major news lined up for March, isn't being accumulated by Greyscale nearly as much and isn't as widely available to normies through Paypal and stuff so if I were to place my bets it would be on LTC
also lower price per coin psychology

>>28365432
all good points. BCH is available on Robinhood, but PayPal might actually have more money in it bc boomer money

>>28334198
My bags are very packed. I dumped all my various shit-coins I'd been tinkering with, and half my bitcoin, into LTC last night, because I was high and I had a hunch. I'm ride or die on this now. I can achieve financial freedom for the first time in my life if this shit actually does a 5x.

So what's the game plan when it does go to the moon? Do we hold and try to sell for profit just before the whole thing plummets? Is that how stonks work?

Holy shit you guys have kept this thread alive all day. Based. Reminder that this pullback is the last call for you all to get on.

imagine buying an ancient shitcoin
might as well buy ethereum classic
prove me wrong

>>28367454
Honestly depends on the circumstances. I'd be satisfied at cashing out half my stack at $500 and holding the rest to see where it goes or just use it to buy shit. Keep in mind that this general is a tiny fraction of the total LTC holders out there so coordinating any plan is largely futile. I'd say if the momentum past $420 keeps going, we ride it for the long haul and shoot for 1k

>>28367911
Is Ethereum Classic accepted on Paypal, Visa, and likely Mastercard soon? Is Ethereum Classic getting more updates soon? Is Ethereum Classic a widely reliable and accepted coin that's been in the top ten for close to a decade? No? Then shut the fuck up nigger.

I bought another litecoin. Good thread.

This thing is sinking like a ship
The cope in this thread is unreal

I bought 3 Litecoin at $152 and I legit think I should trade them for something else with more pumpamentals.

>>28368173
Niggerwimble and flare drop aren't exactly a big deal, anon

>>28368735
slow and steady
this fagget right here will be holding heavy bags (for him):
>>28368173

LTC at it's highest value since March 2018.

https://www.coindesk.com/litecoin-hits-3-year-high-as-prices-surge-across-altcoin-markets

>>28353306
Fuck outta here