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/biz/ - Business & Finance

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18559513 No.18559513 [Reply] [Original]

Can /biz/ shill/fud me on this?

>> No.18559527

>>18559513
Abandoned project

>> No.18559532

>>18559513
After the halving it's doing literally shit

>> No.18559580

>>18559513
Useless fork of btc code with some tweaked parameters. Founder cashed out when price was >$300

>> No.18559601

>>18559513
>>18559527
>>18559532
>>18559580
good insight so far. thanks bros

>> No.18559611

>>18559580
Its digital silver. The second blockchain ever.
I was there when he cashed out but it's not dead

>> No.18559824

>>18559611
We don’t need “digital silver”. BTC is already fungible enough for daily purchases even at $1000000 price

>> No.18559827

>>18559611
I see faster transaction speed as the main upside to using this, but I literally never hear anyone talk about it.

>> No.18559879

>>18559513
It is going to go up in sats and usd price.

>> No.18559882

>>18559827
this is because biz is biased and retarded, but the problem is that LTC performance after halving is very weak

>> No.18559898

>>18559513
i bought 3 when it was mooning around $300
how fucked am i?

>> No.18559937

>>18559898
On coinbase it mooned to $420. That's what made me think it might just be a meme coin

>> No.18559970

>>18559937
thats where i bought it

>> No.18559974

>>18559898
if you buy other 15 at 38, you square even at $81

>> No.18559979
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18559979

>>18559970

>> No.18560004

>>18559882
What makes you say this? I looked up news but there's nothing but price analysis for LTC, which I obviously don't care about. All the buzz is around BTC

>> No.18560042

>>18560004
I own some and watch carefully at the graphs, it went from 3% to 1.35% dominance.
What worries me is the dump after the BTC halving.
Usually weak performing coins pump slow during the pumps and dump hard during the dumps.

>> No.18560257

it took him like 3 hours to code it. it's literally a copycat of BTC.

look to monero, decred beam, for innovation.

>> No.18560279

>>18560042
Interesting. Sounds like BCH. Well the fud is pretty strong here. Thanks guys, just bought myself a bag.

>> No.18560390

>>18559827
That and the fact that it's nicely attached to BTC, would mean it's pretty useful for being what you use in a business to accept payments.
I've been thinking about starting a startup that uses crypto to buy and sell shit. Couldn't use bitcoin because it's super slow and we don't want customers to wait days before their transaction is approved

>> No.18560394

>>18560279
>do the opposite of what biz says
Good choice, the price is actually good now.
I just fear that it's slipping out and could fall even lower.

>> No.18560805

>>18559513
BTC clone that lost its relevance after Charlie Lee dumped in 2017
Don't expect this coin to do anything else but to follow BTC volatility
If you want to invest in a cutting edge project look into RSR

>> No.18561085

>yeah you shouldn't buy because it is shit, buy my bags instead.

>> No.18561118

>>18559513
Yes, buy LTC. Is silver digitals. Ignore the pajeets shilling scams like LINK.

>> No.18561158

seemingly invincible shitcoin that is still alive

all of the FUD you are reading except coblee dumping in 2017 has been rehashed since the inception of LTC

>> No.18561176

LTC is a good coin to buy. Consider it a cheaper BTC.

>> No.18561186

>>18560805
I think the whole premise of RSR looks really promising

>> No.18561633

>>18559824
Oh really? Then go buy shit with btc right now then.

>> No.18562107

>>18559513
I have only lost money investing in every other crypto. I dont know why or have any rational reason why I've been able to make money with ltc.
I figure sense because ltc isn't a part of the crypto news cycle its easier to avoid the nonsense and make my bets based on my own intuition. Once I made a good profit I split it up into btc, eth,and I was up even more. Then like a tard I sold but immediately bought back in cause I though shit was going to the moon. Now im sorta holding bags but those bags were made from profit I made with initial investment. Now im just fucking with long call options in oil companys and puts on SPY. I had been wanting to fuck with stocks for a while and again like a tard Im getting in just now when all the action already happened. Mostly betting on shit to tank, so its probably gonna go to saturn.

>> No.18562122

>>18562107
>>18561110

>> No.18562147

>>18559827
It's fast because nobody uses it