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File: 87 KB, 1000x667, litecoin.jpg [View same] [iqdb] [saucenao] [google]
4601975 No.4601975 [Reply] [Original]

Wtf is going on w Litecoin?

Everyone is pumping it saying that it is like a "laboratory" for Bitcoin implementations. This is fucking retarded, right? Why are they pumping LTC? I mean ya it will hit 100, but why would one EVER buy litecoin over Bitcoin....since Bitcoin is expensive? LOL

>> No.4602023

It's the best coin to transfer through exchanges... Especially Coinbase to your chosen exchange.

>> No.4602057

WHY WOULD PEOPLE BUY BCH WHEN THERE IS LTC? PLEASE EXPLAIN? LTC IS EVERYTHING BCH IS BUT BETTER

>> No.4602204

>>4602023
why is this?

I mean, IMO the "best" coin to do this is BTC. R u saying that the slightly faster confirms makes it superior?

The thing is, most exchanges dont have LTC mkts, so you have to sell ur LTC for either USDT or BTC in order to actually use the LTC, and in doing so you incur a new taxable event, cost basis, etc.

>> No.4602210
File: 130 KB, 513x549, 1509535773714.png [View same] [iqdb] [saucenao] [google]
4602210

>>4601975

i have a buddy who just got into crypto 3 days ago who wasnt sure what to buy, i told him just buy some btc and HODL but he was like " i want to buy litecoin because i get to own several whole litecoin rather than 0.06 of a btc

sounds noob af but i think that mentality is crucial and what alot of newbies who are making accounts on coinbase now are thinking, btc is too high and ethereum sounds kinda weird but litecoin sounds like bitcoin 2.0 (which its not) but thats all normie brainlets think about. Expect it to reach much higher than100$ sooner than you think

plus it is also a good coin used on every exchange and has some cool new features comming to it

>> No.4602256

>>4602204
LTC is way fucking cheaper to move. And it's faster.

What do you mean 'why'?

>so you incur a new taxable event

So then buy BTC and hold it... you wouldn't need to transfer it to an exchange if that's what you're worried about

>> No.4602257
File: 237 KB, 606x460, 1511798125.png [View same] [iqdb] [saucenao] [google]
4602257

>>4601975
read coblees vision and you will understand

https://segwit.org/my-vision-for-segwit-and-lightning-networks-on-litecoin-and-bitcoin-cf95a7ab656b

>> No.4602261

>>4602210
it actually is a bit like bitcoin 2.0