[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 14 KB, 225x225, download.jpg [View same] [iqdb] [saucenao] [google]
2688526 No.2688526 [Reply] [Original]

Maybe I'm missing something here but why is Litecoin priced lower that bitcoin besides popularity? It seems to me after using it for awhile that it is objectively superior.

>> No.2688544
File: 225 KB, 1995x1113, IMG_1139.jpg [View same] [iqdb] [saucenao] [google]
2688544

Litecoin is severely undervalued because bitcoin is about to have more drama and the fees will NOT be lowered.

>> No.2688564

Don't worry, its going up as we speak

>> No.2688625

BTC will be used as a store of value

LTC will be used as currency

HODL

>> No.2688633

>>2688625
So btc= better gold

Ltc= better USD?

>> No.2688675

>>2688633
Nah. The analogy is still there.
BTC = Gold
LTC = silver

Although given the OPs theme. We may see the rise of litecoin.

>> No.2688680

Whales are rumored to use it as a store of value for August 1st. It held value through this dip perfectly, so it may work out even better next month.

>> No.2688948

>>2688680
No it didn't, but it did way better than other cryptos. LTC is historically the last volatile crypto. It was $4-5 for four years.

>> No.2690252

>>2688675
Gold, silver

AND BEAN

>> No.2690267

Litecoin is an obsolete bag of dogshit

>> No.2690275
File: 27 KB, 130x180, 1498859605971.gif [View same] [iqdb] [saucenao] [google]
2690275

>>2688526
https://steemit.com/litecoin/@tachyonic/litecoin-is-the-lightning-network-good-for-blockchain


I wrote this article, I think it's a fucking scam.


Lightning is a fucking scam, the mit counter is a fucking scam.


It doesn't deserve a 2 billion dollar market cap, I can't wait until it gets gutted.

>> No.2690277

>>2690267
Yeah I hate fast transactions and low fees as well

>> No.2690301

>>2690277
>20 minutes is 'fast'

>> No.2690307

>>2690267
Etherfags are the cancer of /biz/

>> No.2690326

>>2688526
But if litecoin is so shitty and unnecessary then why is it the 4th biggest coin by market cap? And I don't mean this rhetorically I actually wonder why this is?

>> No.2690329
File: 6 KB, 250x164, 1493828357570.jpg [View same] [iqdb] [saucenao] [google]
2690329

>>2690267
>any coin I'm not invested in / using is bad
>any coin I am invested in / using is good

>> No.2690343

>>2690277
>Literally instant

Try it

>> No.2690365

>>2688526
1 moderately bigger ethereum mining-pool could successfully 50% attack litecoin and oliberate it if they wanted to

https://www.coinwarz.com/network-hashrate-charts/ethereum-network-hashrate-chart
https://www.coinwarz.com/network-hashrate-charts/litecoin-network-hashrate-chart


meanwhile bitcoin is literally unattackable by anyone, the hardware that's being used for it is useless for anything else

so it's probably safety, beside the fact that BTC is actually the most widely accepted cryptocurrency, while LTC is accepted pretty much nowhere fraction of places of ETH

>> No.2690411

>>2688526

I'm convinced LTC is doing a controlled stable moon. Every month or so for a while it permanently jumps in price and more or less stays there, going up like steps. I think its quietly being set up to be a big, stable, reliable coin. In contrast to the ethereum rollercoaster.

>> No.2691888
File: 361 KB, 327x400, IMG_1517.gif [View same] [iqdb] [saucenao] [google]
2691888

>>2690267
Everyone look at the little greedy baby. Now everybody point, everybody point and laugh.
*point*
AHHAHAHAHAHAHAHA