/biz/ - Business & Finance

>>58273356
wher did you getthis pic of me?? i don't know what you want me to say. LTC is a good coin. I member when he was just a little fledgeling blockchain, getting his first listings. I was there when all the bitcoin miners switched to litecoin. He's a good coin. Always does his hashes quick and doesnt afraid of any layer2s

>>58273394
It stands to replace Bitcoin as a currency because thats actually needed and Bitcoin doesnt fill that role. Its already money, can be spent anywhere visa can and its private. No brainer. BCH too is rocketing but personally Ive found major flaws towards mass adoption so Im expecting it to correct heavily.

litecope

>>58273356
That's me sitting on my desk making everyone I know believe Truflation calls over crypto market is actually having me get dividends, or a single penny of green records.

>>58273409
qrd? How is litecoin special regarding spending vs just about anything backed by say a crypto.com card? How is it money in any way more than btc is?

>>58273356
ok so heres my theory
4x the supply, far fewer lost coins, 2nd mover
these are all bad
dev dumped, fair launch, strong PoW
these are all good

if btc and ltc were equals one ltc would be MORE than .25 btc, but not even the most delusional among us would believe that

I believe the fair price for litecoin is .005-.01 btc

>>58273590
lets just say that the price of silver isn't right either. but things behind the scenes are shifting....

>>58273547
so basically affiliate marketing

>>58273547
>>58273679
sounds more like a ponzi kek

>>58273590
I think that's where it'll settle. But the first time it breaks that $420 resistance it's going to jump to 2-3k because of the amount of FOMO it'd generate of people wondering if it'll actually get to 1/4th BTC's value.

>>58273873
you probably also smoke crack

>>58273547
>That's me sitting on my desk
can you sit on my face?

>>58273547
the market has been in the red for several days now, its over

dont know about whales, but, I know about superverse, they are gonna get more AAA games this month, and everytime they do that the token rises in value, and I have my shit on it. that's todays tip.

>>58273563
It's literally Bitcoin, except 4 times faster and has an optional privacy feature that helps with scaling. Fees are 1/10th of a penny. One works as a medium of exchange, the other doesn't. It's not rocket science.

>>58273985
I can sit face down on your butt

>>58273873
omg, 420 the magic number again, well, cant help it

>>58273590
what shit you smoking anon?

>>58273409
me too but I dont want it to crash either!

>>58274348
then why is it not worth the same as btc?

>>58274348
>It's literally Bitcoin, except 4 times faster
What happens when more people start using Litecoin and users need to start competing for block space just like with BTC? Bitcoin is glacially slow so speeding it up by 4x isn't really a lot

>>58274413
Bitcoin was first. By being first, it was the first to be adopted by dissidents like Edward Snowden. That gave it a lot of media coverage during the whole wikileaks thing (which is what freaked Satoshi out and caused him to leave). It kinda grew a network effect that had previously been unmatched in human history. But as far as the code, Litecoin is literally just Bitcoin X 4 with some extra layer 2 stuff.

>>58274430
The MWEB thing increases the 4X scalability that Bitcoin has by a factor of 20. So it's not just 4x as scalable as Bitcoin anymore, it's like 80X on the MWEB extension blocks. Also you can use Lightning on Litecoin (unironically, it works better on Litecoin than it does Bitcoin because opening/closing a channel is 1/10th a penny). Litecoin is just Bitcoin, but better.