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/biz/ - Business & Finance

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30054581 No.30054581[DELETED]  [Reply] [Original]

>What is Litecoin?
https://litecoin.org/

Litecoin (LTC) is an open source peer-to-peer Internet currency that enables instant, near-zero cost payments. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin (BTC)

>How is Litecoin different to Bitcoin?
https://litecoin.info/index.php/Comparison_between_Litecoin_and_Bitcoin

Litecoin is a relatively less expensive cryptocurrency that is easier to obtain and transact with:

>LTC uses scrypt instead of SHA256 for proof of work
>Total amount of LTC is 4 times the total amount of BTC
>Transactions are 4 times faster than with BTC

>Why invest in Litecoin?
https://litecoin-foundation.org/the-case-for-litecoin/

Litecoin is a reliable and secure money available on almost all exchanges and second most available in cryptocurrency ATM’s. While Bitcoin continues to be the ‘gold standard’, Litecoin has proven itself silver to Bitcoin’s gold, but with certain new developments implemented on Litecoin first, and more development than ever:

>Mimblewimble Extension Blocks (MWEB)
https://litecoin-foundation.org/the-battle-for-sound-money/
MW is a combination of technologies including “Confidential Transactions” (hides transaction amounts) and “CoinJoin” (a “coin mixer”)

>Flare Networks Litecoin Integration (FLTC)
https://blog.flare.xyz/integrating-litecoin-flare-recap/
LTC will be integrated as an F-Asset with full Ethereum style smart contracts on the Flare Network

>Litecoin on Paypal, Venmo
https://newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-Users-to-Buy-Hold-and-Sell-Cryptocurrency
Beginning early 2021, customers may use LTC to pay at PayPal's 26 million merchants

>Support /LTC/ - Litecoin General; Ł address:

LXuaviiX9VfGrhNqNbUfrKB8o4vjt9CxMm

>> No.30054628
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30054628

>Litecoin:

"The report of my death was an exaggeration."

Yeah, I'm thinking we're back

>> No.30054828
File: 524 KB, 634x900, liteknightcharge.jpg [View same] [iqdb] [saucenao] [google]
30054828

recent updates:

https://decrypt.co/59892/grayscale-bought-80-of-all-litecoin-mined-in-february
>bullish
hope none of you sold to the gray dragon

https://twitter.com/DavidBurkett38/status/1366601668704538624
>Code-complete: March 15
MWEB is ready to roll out mid March, confirmed

>> No.30054987

golden cross on the weekly in 2 weeks.
price target $280 before consolidation.
$420 by 4/20.

>> No.30055258

Are we making it?

>> No.30055304

shitcoin

>> No.30055595
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30055595

THIS TOKEN REALLY IS A BOOMER COIN, BECAUSE IT STARTS OFF STRONG AND ERECT AT THE START BUT STARTS WILTING AS THE ACTION GOES ON. THIS COIN HAS ERECTILE DYSFUNCTION. THIS COIN HAS ERECTILE DYSFUNCTION. THIS COIN HAS ERECTILE DYSFUNCTION.

>> No.30055734
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30055734

>>30054987
that prophecy got me feeling high,
420 blaze it player

>>30055258
we are making it, right now, as we speak

>> No.30055861

>>30054581
fuck you bastards posting so much hopium on this piece of shit shitecoin. I literally feel like a redditor reading these threads and seeing constant
>2k EOY!!!
>I know something bros its gonna MOON
>Lee dumping his bags was a GOOD thing!!!
>Mimblewimble/Flare SOON
fuck all of you and fuck shitecoin

>> No.30056048
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30056048

>Lee dumping his bags was a GOOD thing!!!
Lee dumping his bags was a GOOD thing!!!
>Lee dumping his bags was a GOOD thing!!!
Lee dumping his bags was a GOOD thing!!!

>> No.30056060

HOLY FUCK SOMEBODY STOP ME I CANT STOP BUYING LITECOINS!!!!!!!!!!

>> No.30056183

>>30056060
you must be ...
>GRAYSCALE

>> No.30056286

>>30054581
It is very retarded samefagging, and the low effort memes are like from some shitcoin shill telegram channel. I have a big bag of Litecoin and these threads scare me instead of giving hope. Nevertheless I know I can't sell because the gods of pump only wait for people like me to sell.

>> No.30056521

>>30056286
Agreed. I would actually be more at peace if more FUD was spread about Litecoin, but instead we have nonstop meme and hopium spam in these threads. The /ltc/ general culture feels bizarrely sappy and artificial almost as if I was on wallstreetbets or some gay shit like that.

>> No.30056946
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30056946

what then on /biz/ would you point to as a positive example of culture?
as far as i'm able to tell, this general is largely free of botshilling,
and it so follows that our culture thus remains eclectic
so many boards are shill-saturated, and the uninitiated take this as normal,
so they unwittingly assimilate into the borg, becoming bots themselves
>sad, many such cases

>> No.30057622

Just earned a quid shorting ltc, get rekt retards.

>> No.30057846
File: 232 KB, 599x900, liteknight.jpg [View same] [iqdb] [saucenao] [google]
30057846

Defeat fudders and shillers with one simple trick!
>Chinese click farms hate him!

pro tip: if you refuse to (You) the fudders and shillers,
the borg won't award them their wagie points
and if they can't earn their wagie points here,
they'll need to move on to other threads
>problem solved

>> No.30057900

GROW YOU BASTARD, STOP TREATING $180 AS RESISTANCE AND GROW

>> No.30058273
File: 73 KB, 1387x912, 172.png [View same] [iqdb] [saucenao] [google]
30058273

potential support about 172,
greater likelihood at 162

>> No.30058521

Should I sell my coins? Liquidation price is 30$.

>> No.30059344

>>30055861
Year ain't over

>> No.30059356

>>30000000

>> No.30059409
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30059409

>LTC catching up?
>dump bitcoin immediately

>> No.30059410

>>30059356
Checked and based

>> No.30060358
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30060358

>>30059409

>> No.30060818

>>30060358
i'm thinking of doubling down at this point

>> No.30061292

>>30060818
in the final days of february i bought the dip,
increasing size of my LTC stack by over 10%
basis price 166 on that tranche of buy orders
>fingers crossed, quite proud of this trade

>> No.30061881

>>30055861
Some chick on Facebook posted an atm at her mall. Guess what the 3 options for this coin atm were?
Btc, Eth, and Ltc.

Mimnlewimble is gonna add interest. And so is paypal with what their doing.
Do some fucking research on why we root for this coin.

>> No.30062243

The LTC charts are starting to look extremely bearish. Fucking hell I don't wanna sell at a loss but I want out of holding this dogshit

>> No.30062335

>>30062243
what kind of retarded chart are you looking at anon?

>> No.30062757

>>30062335
LTCBTC descending triangle, close below weekly support two days ago, massive rejection at resistance today. Only bullish thing I see is bullish divergence on the lows but that likely already played out today.
LTCUSD not looking as bad, but we just made another lower high today, and next 4 hour close is looking like it wants to close below support.. You could argue that we just broke a downward sloping resistance today which it's currently retesting, but I'm not convinced
What charts are you looking at that are bullish?

>> No.30062914

>>30062757
daily Stoch RSI looks ready to reset
weekly golden cross in 2 weeks (perfectly timed for mimblewimble release)
monthly RSI at a very healthy 71
i guess we'll see what happens

>> No.30063570

>>30062243
>>30062757
Just give up and sell, anon. LTC has been dying for days and days and weeks.

>> No.30063668

>>30063570
ngmi

>> No.30064313

Is it a good time to buy?

>> No.30064343

>>30064313
always. DCA is key

>> No.30064409

>>30064313
did you read the posts in this thread? can't you feel the palpable depression every ltc holder feels? that's how you know it's time to buy.

>> No.30064469

We should rebrand to LSG - Litecoin Schizo General at this point

>> No.30064565

>>30064343
DCA?
>>30064409
Read the posts but I'm new to crypto, a few hundred of btc and looking for another crypto to put money in, from the research I've done LTC seems decent

>> No.30064736

>>30064565
Dollar Cost Average.

Don't lump all your money on at once.

>> No.30064908

>>30064736
Thanks anon!

>> No.30065070
File: 84 KB, 1387x912, weekly.png [View same] [iqdb] [saucenao] [google]
30065070

expecting a return to trend in coming days
>picrel, weekly chart, fomo volume highlighted
>uptrend resumes, accelerates after this wave

this phase: emotional money joining our market
>omg the golden bull run it's finally here
>this is the buy high and sell low crowd

buying impulse was too much too soon,
they subsequently panicked on correction
the stragglers will provide a tailwind
to complement supply fundamentals

back to technicals, we're coiled tight:
>caught between 35 & 40% retracements
>last week closed above 35% retrace
>this week's low above 35% retrace
>this week's high above 40% retrace
price action biased to the upside

if this week those last two conditions hold,
then begin to expect 420 by 420

>> No.30065229

I sold

>> No.30065350

>>30065070
to reiterate, guidance this week:
>close above $161.41 is bullish
>low above $161.41 is more bullish
>close above $181.30 is uber bullish
if all three, then hold on to your hats

>> No.30066012

>>30064565
Just look at PayPal's plans. Look at greyscales holdings.

>> No.30066746

looks like we're oversold here,
support at $172 could be real

>> No.30067498 [DELETED] 

You fucking tards, I earned a quid shorting lmao.

>> No.30067921

>>30056286
same, those threads are made by worst type of newfag trash

>> No.30068088

>>30056286
same. It's not like a mongolian knitting forum has any capital to move a top 10 coin.

>> No.30068219

also, keep reporting that faggot for begging in the op every single thread, there's no fucking "litecoin general wallet" you don't "support ltc" by sending ltc to some random faggot wallet, fucking kill yourself