/biz/ - Business & Finance

>>58530723
I'm becoming a LTC maxi more or less
it's just a better BTC

>>58530732
There is no second best, baggie. LTC will continue to plummet in sats and all the cope in the world ain't changing that.

>>58530743
have sex

>>58530756
Appreciate in value

>>58530732
Smart decision.

Just based on the fundamentals alone it's the best investment on this board. 3 days ago the daily volume of LTC was 8.5m LTC. 3200 is minted perday.

Pay attention to the clear and obvious upwards accumulation that's going on, even without blackrock/grayscale.

this is the same retard who fuds LINK btw

i have 600, moving on to 700, hoping i can hit 800 LTC before run starts if anything i think i already made it with what I have

>>58530788
that's a make it stack for sure, I heard something like 84 was the sui stack

>>58530723
I have 78, what should my goal be?

>>58531195
I have 150 which is a sidebag for me while I max ETH.

Medium of Exchange is a trivial use of money as transactional use carries little term risk, see: fiat value over time versus gold, BTC, equities. The chunky part of Money is the Store of Value, Unit of Account demand, as these demands can't be met by anything but an abstraction like money. BTC has first mover advantage, the window for overcoming this was over a decade ago. BTC won, get over it.

OMG FUCK OFF WITH YOUR LITECOIN THREADS YOU FAGGOT BAGHOLDER
YOU COME HERE AND TALK TO YOURSELF EVERYDAY

>>58530743
>there is no second best, because umm well, because i said so! okay?

t. michael saylor

>>58530723
Charlie Lee dumped on thee

>>58531282
satoshi abandoned bitcoin

>>58530723

I like litecoin but the only way I see it actually performing well this bullrun is if an etf gets approved. Otherwise it will stagnate.

litecoin has always been immune to moon. dont fall the same old trap

>>58531701
stale meta and take

>>58531282
BCH is better cuz Satoshi never dumped his BCH like charlie did with LTC

>>58530723
>enjoy your heavy bags on a dead chain

>>58531764
hasn’t been shown to be false yet, sorry the truth hurts. BCH is indeed a much better buy

>>58530723
there are people who bought Litecoin in 2013 who haven't even hit a 2x

ELEVEN YEARS AGO AND THEY HAVEN'T EVEN HIT A 2x

i'd kill myself fr

Bcash (yes I will call it that) has a charlatan figurehead being charged with tax fraud.
Not a good look.

>>58531826
they can charge Satoshi for all they want, nobody cares, they will never find him

>>58531899
"bitcoin jesus" has already been arrested and awaits extradition.

>>58531810
>Your crypto currency would be better if it was centralized around 1 person
Kys redditor

>>58531933
"bitcoin jesus" is a cool guy, but he has nothing to do with btc or bch besides being kind of a "celebrity" for shilling crypto

>>58531818
yet LTC remains relevant and boomer bait grayscale/blackrock already has been loading up all year

>>58531701
>always
>1st bullrun it did a 100x
>second one underperformed but still did a 10x
what always are u talking about niggie

>>58530723
if grayscale LTCN is trading at 4x surplus, surely this is incredibly bullish?
right now institutions would be shorting LTC and using the proceeds to apply for units of LTCN at NAV and then at some point over the next year they will dump all their LTCN and close out their LTC shorts?
does this mean their shorts are suppressing the LTC price and we will get a crazy pump when they reverse the position?

>>58531288
Still holding his bags.

>>58530723
>financials
used to make online purchases, never to hold.

>market cap
market cap is due to people who bought and are about to use it to make online purchases, not to hold.

>daily usage
used for online purchases and nothing else.

I suppose it is one of the smarter investments since it is actually used for purchase instead of just speculation.

>>58533666
i meant to say this in a positive light somewhat. unlike other coins where retards buy and hold with the intention of dumping onto bagholders, LTC is used so much for actual purchases.

>>58530723
>>58531810
Neither LTC nor BCH differ significantly from BTC on a fundamental level, meaning that they all suffer from the same drawbacks.
LTC can't scale (it's only 4x faster than BTC, which isn't significant), and BCH uses big blocks, which comes at the cost of decentralization. It's been known since the early 2010s that you can't increase the block rate or the block size on a linear blockchain without harming security and/or decentralization. BCH and LTC don't solve this problem; they must make different tradeoffs, so they don't actually add any new value to the cryptocurrency space.

>>58533712
>so they don't actually add any new value to the cryptocurrency space.
Then why do people care about cheap, fast transactional fees you fucking R tard

>>58530723
i've been holding 100 of these since bitcoin was 16k, since doge was 6 cents, since eth was $1000

the payoff better be good because this is the lame duck in my portfolio, my worst performing asset by far only up about 12%

>>58530723
>I'm telling you, zoomers, there's nothing wrong with my 120 years old shitcoin that can't pump for shit, you newfags are all about vidya and super tokens you forgot this is all about greed and speculation

>>58534262
Max 1.2k this cycle. Conservative estimate is 600-700.

>>58534194
They don't, and their continually declining value in sats is a testament to that.
>B-b-but LTC is so widely used!!
Mastercard handles more transactions in a single day than Litecoin is even capable of handling in an entire year. It doesn't get used for squat in the real world.

>Bro doesn't know about CONAN

ngmi

>>58534894
>>58534894
yet grayscale continues to accumulate even as of today, what do they know? why aren't you going to follow smart money?

>>58534894
also has a higher long term holder ratio than BTC (BTC being 69%, LTC being 73%).

The perfect storm is coming, as foretold >>58281331

>>58536110
grayscale is accumulating because if you send them 1 LTC they will give you 4 LTC worth of LTCN that you can sell in 6 months

the question is why is LTCN trading at such a high premium?

>>58536321
You can't sell them for a year. Grayscale can't sell any LTC til a year after purchase too.

>>58530723
LTC is the 1st most used crypto ahead of Bitcoin. If Bitcoin moves ahead of it briefly thats irrelevant.

>>58536340
grayscale can only sell 2.5% per year to cover fees
the LTC in the trust won't be sold until it converts into an ETF