/biz/ - Business & Finance

>>54312646
Bro all the onchain stats are insanely good, except the ones that can be faked like tx per day.

Tx per day is stable but growing but avg tx size in usd is insanely high now wtf is going on, why are whales buying so much ltc?

Are they going to release ordinals fork in ltc or something like that?

Ahh, Litecoin. Now that's a coin!

>>54312709
>>54312646
what's the post halving target boys?

have you seen LTC/BTC?
it's 10 entire years of litecoin losing money against bitcoin, the eventual fate of all altcoins.

>>54312763
1200

>>54313034
Yes but in order to lose 50% against BTC it has to lose 25%, and for it to lose 25% it has to lose 12.5%. There are an infinite amount of percentiles to lose before it begins to lose so really, when you think about it, it's can never get started losing and will never lose.

>>54313034
there are some good catalysts though.

The inevitable discussion that Bitcoin is too hard to use as actual currency due to transaction speeds and cost will loom forever.

With banks failing, its a stronger narrative now then ever.

>>54313034
This is true but times are changing btc is a great long term storage but with 700mb mempool, it's not a good transactional coin.

This is not bad since it's a subsidy for miners but these nft shit while paying for security also make fees go from 5 usd to 10 usd constantly while ltc is a cheap coin to move.

It also has hashpower going parabolic due to asics and it's security is in part paid by dogecoin retards that use the same mining algo.

All onchain stats for LTC are good and it's a good companion for BTC and the ecosystem in general

here are some interesting comparisions

https://bitinfocharts.com/comparison/transactions-btc-ltc.html#alltime

https://bitinfocharts.com/comparison/sentbyaddress-btc-ltc.html#alltime

https://bitinfocharts.com/comparison/activeaddresses-btc-ltc.html#alltime

https://bitinfocharts.com/comparison/sentinusd-btc-ltc.html#alltime

https://bitinfocharts.com/comparison/transactionfees-btc-ltc.html#alltime

https://bitinfocharts.com/comparison/median_transaction_fee-btc-ltc.html#alltime

these two are great

https://bitinfocharts.com/comparison/transactionvalue-btc-ltc.html#alltime

https://bitinfocharts.com/comparison/mediantransactionvalue-btc-ltc.html#alltime

>>54313118
litecoin has no narrative for speed whatsoever when you need more than 4x the blocks for the same level of security bitcoin provides in one block. might as well use an l2 at that point.

>>54313169
litecoin is a terrible transactional coin and will never appreciate in value enough before the same technological issues start to affect it. again, for pure transactional value bitcoin already solved this problem 6+ years ago.

litecoin as a narrative is and has always been hopeless, but even more so today when ethereum has conclusively taken the crown of "silver" to bitcoin's "gold", and dogecoin has entirely stolen the show for "traditional" altcoins.

>>54313220
Buddy you can miss it if you want.

Litecoin leading the way out of disbelief stage? Sounds familiar

>>54313260
>miss it
this little p&d is already 40-50% complete anyway. and at the mercy of whatever bitcoin does in the next 6 months more than anything else.

>>54313220
>litecoin is a terrible transactional coin and will never appreciate in value enough before the same technological issues start to affect it. again, for pure transactional value bitcoin already solved this problem 6+ years ago.

How is it terrible?Have you ever used it?It's literally a btc fork with faster blocksize, in 2 minutes your tx is confirmed

>litecoin has no narrative for speed whatsoever when you need more than 4x the blocks for the same level of security bitcoin provides in one block. might as well use an l2 at that point.

l2s lack liquidity, maybe polygon for eth has some adoption but lighting has little adoption for btc sadly because it's great.

LTC on the other side has adoption in every nation due to being PoW.

>litecoin as a narrative is and has always been hopeless, but even more so today when ethereum has conclusively taken the crown of "silver" to bitcoin's "gold", and dogecoin has entirely stolen the show for "traditional" altcoins.

eth is great for smart contracts but it's under regulatory scrutiny at the moment due to being PoS, and while it has liquidity everywhere some exchanges take retarded fees for withdrawals specially during bullruns.

The reason FTX got big in part is because they gave free withdrawals to people with FTT staked in FTX, for ETH.

So while the avg fee was 50 usd in the bullrun, FTX gave free eth withdrawals.

This is a problem to be honest and LTC is shinning in this middle place of exchange connectivity it also has very low inflation which is great.

That said i appreciate your counter post.

>>54313336
I think we will see a LTC breakthrough in price after a few years of stagnation.

LTC really big problem was the scrypt asic monopoly, were some faggots that bought no longer produced asics in 2015 still had the hashpower monopoly.

But with doge becoming a meme and increasing demand for scrypt asics, there are now newer asics approaching the lowest nanometer possible, which means the hashpower centralization problem is no longer existing.

I think this may suprise people, hashpower is literally going parabolic for scrypt coins.

>>54312678
im going to be buying a few homes with litecoin in turkey soon, it'll be on the news after the sending.

>>54312763
$50, then we go to $200

>>54313424
-block confirmation isn't security
-its quickly becoming clear lightning is outpacing litecoin transactional growth

it's simply a misunderstanding of what bitcoin is. bitcoin isn't the underlying technology, it's the ruleset that underpins the asset itself. there's little to no value in the code without the asset, as we can see in the free market.

>>54313457
maybe. i honestly think the future is dogecoin breaks away from litecoin dependency because it can actually go on its own now it has a community orders of magnitude larger than litecoin ever had.
they're both long-term worthless assets, but i think it's clear dogecoin is likely to outlive litecoin at this point.

>>54314639
I used crypto for the first time in fucking 2010 i know about this, i don't dislike lighting, it's just that one can't deny litecoin has become the middle coin between exchanges , this has created liquidity everywhere.

As for confirmation and security, yea full 4 confirmations in 10 minutes, and security, litecoin asic monopoly has been broken, we went from almost 30nm asics for 5 years that were no longer produced to 7nm asics now being sold at absurd levels.

Hashpower is going parabolic.

>>54314659
Doge is inflationary, or at least slowly desinflationary, while litecoin is a deflationary coin with halvings.

The two are paying for each other security in a symbiosis relation which is great, that said ltc is far superior to doge.

The think i love about doge is that it was created by keynsian idelogist, that wanted to use the "we can fork bitcoin and make it inflationary" argument.

Retards did not realized that stable inflation even without halvings is actually decreasing inflation since 14m doge mined in the first block is 100% inflation, while now with 132 billion doge in circulation, those 14m doge mined per day are barely 3.50% yearly inflation.

The doge meme created as an anti bitcoin r/buttcoin project really backfired in these commie faggots.

>>54313116
nice cope

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