/biz/ - Business & Finance

Ngl Litecoin is probably worth grabbing a bag right now. It can't be killed. Ltc, btc, xmr are the only fair-release pow coins.

>>52524603
Based. These are the only 3 projects I actually trust. The rest are WEF plots to destroy BTC until proven otherwise.

>>52524603

precisely. Also, now with the risk of a regulation crackdown on crypto due to ftx, litecoin will remain untouched, as it is a digital commodity, just like btc. It will never be marked as a security.

>>52524514
Yup
>*siiip
That's real magic internet money

>>52524514
whats your goal guys? Got 65 hoping to hit 150

>>52524829
I have 50 hoping to get to 100.
I don't see a huge price future for it in the nearterm but I like that it's an old project.

beauty

also halvening in summer, last time it did like 6x in the same timeframe.

prepare for a few nice weeks.

>>52524514
Given LTC's price action over time, it looks like a stablecoin that gives random 2x-8x returns. I don't feel bad about hodling some

>>52525148
>>52525284
Definitely a DCA then sell the pumps type coin

>>52524514
Makes you coin obsolete* sorry LTChuds

>>52525349
literally who

>>52525643
You’ll know soon enough :)

>>52525848
It was a redundant question you mong. No one cares.

>>52525889
You will soon enough LTChud :)

>>52525643
You are not mining it yet?

Kek you hate money retard

>>52525915
Dab on these LTChuds my fellow Kaspie

>>52525349
>>52525848
>>52525901
>>52525940
I made 800k of chainlink, I don't care about the pump of the week. Keep bumping our thread though

>>52525972
Suuuuuure you did LTChud

>>52525995
Thanks for the bump raj

>>52526008
No more bumps LTChud :) this is a coin for chuds anyway

>>52525901
>>52525915
>>52525940
>t. me pajeet shill #539774
Stop talking to yourself, and get rid of the smiley faces habibi. You'll come off more human.

>>52525349
>>52525848
>>52525901
>>52525940
>>52525995
>Spamming
>>52526016
>Announcing sage
Oh no oh nooo

>>52526016
make your own thread nigger.

>>52524514
litecoin is the perfect definition of a half assed implementation. It's a shitty half assed version of bitcoin and has half assed privacy solutions that are just as terrible as bitcoin privacy. Still has ASICs controlling the network. being "low fee" is no longer a selling point when every other project has low fees or in some cases no fees.

This coin is dead and will continue to be worthless in the future.

>>52526620
Retarded nigger take from a retard nigger. More at 11.

>>52525349
You can't even buy that shitcoin anywhere, how does it even compare to LTC?

Plis kaspa is Finnish for shit

>>52526620
>This coin is dead and will continue to be worthless in the future.
Over half as much usage as Bitcoin.
>Dead
OK

>>52524728
>>52524603
digibyte as well. very sharp OP *thumbs up*

>>52524514
ltc s the failed version of kaspa.

>>52524603
>>52524713
>>52524728
>bros do NOT actually make any money stick to the 3 worst performing assets in crypto of the last 5 years for autistic ideological reasons you will be happy wageslaving while your Bitcoin doubles $200 into $400 in 10 years
Might as well fuck off to pmg while you’re at it retard

>>52529727
These assets have been around for a long time whereas LUNA, FTT and others are gone.
Degenerate gamblers need to accept that their gambling addiction has nothing to do with crypto.
ETH is still the most degeneracy-enabling platform around in that regard.

>>52524603
>>52524713
LTC was fair-released? How did Charlie Lee accumulate so much LTC if there was no premine and how exactly did he time the top? IMO Charlie Lee saw that he was too late for BTC so he copied the Bitcoin code base, made a few alterations and released it. This way he had a part of it from the start. Then he sold the top

>>52529727
My investing for ideological reasons is why I discovered BTC early enough to be retired in my 30s. I'm not gonna throw away my beliefs now just cuz a bunch of zoomers want me to get scammed along with them in some yield farm

>>52531536
if he published it on the bitcoin talk forum, it's a fair release.

>>52532264
There was absolutely no need for Litecoin. It did nothing for the cryptocurrency space. Lee essentially changed the block time and hashing algorithm and that was pretty much it. It's not exactly as bad as BCH and BSV in how they just forked Bitcoin and created assets out of nothing. But Lee still needlessly created yet another currency, using the Bitcoin code base in order for him to mine from t=0

>>52532264
Funny, I just looked at bitcointalk and I'm not the only one to raise this issue

>So you didn't get in early enough on bitcoin? >what is the point of this? At least some of the >other currencies tried to do something >different.

>>With a little hope, a little prayer, and a lot of >>hype due to our innovative release,

>faster transactions and scrypt is innovative?

>lemme hit you with a big ol book called a >dictionary:

>innovative [ˈJnəˌveJtJv]
>adj
> using or showing new methods, ideas, etc.
https://bitcointalk.org/index.php?topic=47417.0

>>52532264
>>1. Fork Project
>>2. Mine at start
>>3. Sell
>>4. Profit
>>5. Repeat

>>If you want your currency to succeed, you >>should add some innovative things, >>otherwise it will be just another one of these >>quick mine&dump currencies, then price/diff >>falls until the exchanges drop it..
https://bitcointalk.org/index.php?topic=47417.0

Litecoin was a get-rich quick scheme, a cheap imitation of Bitcoin with absolutely no innovations.

>>52529727
Yeah everyone should listen to you, the genius. Come on, Einstein, which dog scams should we be trying to time the pump and dump on today?

>>52525337
Please be sure to come back to the LTC generals the next time it is at 220 and actually tell the anons to sell.

>>52525349
lol, no one will remember your backwards K coin in a year.

Can you transfer anything with whatever the fuck backward K is? Can I buy from my bank account, transfer to backward K, fixedfloat to XMR? Can I shapeshift XMR to backward K and then buy secure email, 4chan pass, or phone verifications?

No, backward K doesn't do anything. LTC does some things.

Shove your backward K up your fucking ass.

>>52531536
being abandoned by its creator is a good thing anon, it means less centralization

On god is we bussin with this now just saw a litecoin vid on tiktok

>>52533847
but litecoin had no reason to exist in the first place... it was a ploy by Lee and his friends to get rich. they were mining from day 1, simply because they were late for bitcoin. what innovations does Litecoin offer?

>>52534056
Even though I don't mind litecoin, the only reason I use it at all is the litecoin card. I can't for the life of me understand how Litecoin has a debit card that allows you to hold your debit balance in LTC but BTC doesn't. Honestly it's kinda embarrassing for BTC that this doesn't exist

>>52533628
>But Lee still needlessly created yet another currency, using the Bitcoin code base in order for him to mine from t=0

Nailed it.

When litecoin was created lots of bitcoiners called it a scam. GPU proof? It obviously wasn't and why would that be desirable?


It seems quaint now though, looking back-- because litecoin was 100x less scammy than many popular things that came later. Massive premines, dishonest claims (at least Lee could credibly claim to have believed the no-gpu claims), falsely pretending to be bitcoin, vicious lawsuits against actual bitcoin devs (hi there BSV!).

>>52534079
Correct me if I'm wrong, but whenever you transact with the card, the cost is transferred from LTC to fiat, therefore you don't really transact in LTC. It's still a prepaid fiat card. In which case there are a bunch of similar cards that work with BTC. I have a prepaid debit card in BTC via ShakePay. While it's strictly Canadian, I'm sure there are similar cards in abundancy elsewhere.

FYI, the way my card works is as follows: Top card with fiat. When making purchases, you receive 1% cashback in sats. After accumulating sufficient sats, you convert them to fiat and make additional purchases. I'm guessing it's like the Litecoin card except in your case the LTC card makes the switch from LTC -> fiat automatically while I have to do it manually.

>>52533628
>https://bitcointalk.org/index.php?topic=47417.0
>>52533678
LTC has mimblewimble now, that's innovation.
>>52534193
it is quaint. I think whales rotate into LTC, BCH when BTC settles, then rotate back.

>>52534193
What do you think of the Litecoin card?

I think the future of Bitcoin largely depends on Lightning. If Lightning succeeds, Ripple goes to Hades and every other cryptocurrency except perhaps Monero due to its niche.

The only thing that scares me with regards to Bitcoin is the diminishing mining rewards and the hashrate that could fall significantly if miners disappear from the network.

>>52534206
Yep, you're right about how the card works. At the end of the day it still just gets sold for fiat, but the UX from an end user perspective is fantastic. Simple and to the point. Deposit coins onto the card, spend as you normally would. No trying to predict your exact spending amount up front or do manual conversions.
If a btc card held the balance in sats I wouldn't have to angst about when to sell a bunch of BTC to handle the weeks/months expenses. I would just deposit a sufficient amount and it would get sold as I spent without the complexity.
Anyways I've been looking and unfortunately there are no BTC options for this at least in the US. Shakepay seems interesting and maybe the strike card will be decent though I think it will just spend out of your dollar balance vs your btc balance

Fuck can’t believe I slept on getting a bag of LTC

These OG coins are no brainers to get by sec

What’s the suic stack here?

>>52525915
lol we hate scams here so fuck off sand nigger

>>52534305
I'll give it a try then. Regardless, I'm still 90% in btc and only 10% in alts (xmr, ltc)

Never heard of the Strike card but from what I'm reading it's the best indicator that we're moving to Bitcoin/Lightning adoption.

>>52534337
ok so the supply is 4x btc, the block rewards are 4x faster, and the reward is still 12.5

i imagine about 200 of them will be equal in price to 1 btc in the future

>>52534206

Your ignorance makes me bullish.

>>52534305
Oh yeah.

This makes perfect sense.

>>52534465
Please correct me if I was wrong. We're here for a discussion after all. :)

LITECOIN FAGS JERKING THEIR ONE INCH CHINESE DICKS TO A 1% PUMP HAHAHAHAHAHA

How come there's no wrapped LTC? wrapped BTC exists on many chains, but not so for LTC.

>>52534646
because it's the O.G. scam