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/biz/ - Business & Finance


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2806623 No.2806623 [Reply] [Original]

There's no advantage left for LTC after Bitcoin has signaled consensus for SegWit2x.

https://twitter.com/BITMAINtech/status/886839997440995328

The last major rally from $25 to $40 was right after the UAHF proposal in mid-June.

This shit is going to crash once people realize it's worthless.

Also it's one of the most shilled coins on here.

Good luck

>> No.2806709
File: 122 KB, 600x591, LiteWayne.jpg [View same] [iqdb] [saucenao] [google]
2806709

>>2806623
OH SHIT HERE HE IS AGAIN!
CUUUUUE THE MUSIC!

https://www.youtube.com/watch?v=_B0CyOAO8y0

THIS CLOWN ASS NIGGA LMAO ALWAYS COMIN' AROUND AND SPRAYING EVERYONE WITH WATER N SHIT AND SPEWING NONSENSICAL CLOWN PHRASES LMAO

AYO ETHBAGHOLDER, JUGGLE SOME COINS FOR ME NIGGA HAHAAAAAA SHIIIIT

>> No.2806754

>>2806709
Lmao every single day these threads. /biz/'s full time clown.

>> No.2806782

>>2806623
Thanks man. Drive the price down a little bit so i can buy more. I appreciate it

>> No.2806788
File: 51 KB, 445x582, bizclown.jpg [View same] [iqdb] [saucenao] [google]
2806788

>>2806754
I just hacked OP's computer and took a picture with his webcam lmao

>> No.2806806

>there are people who will still buy LTC despite basic reasoning

>> No.2806823

>>2806806
China numbah wan

>> No.2806833

>>2806806
>there are people who will still buy LTC despite basic reasoning
ping pong, stop

>> No.2806860
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2806860

>>2806806
>>2806823

>everyone bullish on LTC short and long term except a couple of low IQ DGB/ETH bagholders from a malaysian basket weaving forum

OK U WIN, DUMPING ALL MY LTC FOR DGB

>> No.2806878

>>2806623

>segwit2x

1. Has been proven to not be stable on the maintestnet yet the devs want to push it through....

2. The hard fork months down for 2mb block sizes would cause major issues and a split.

Good luck with that.

>> No.2806890

>>2806860
>What everyone's doing

That's when you do the opposite, retard.

>> No.2806912
File: 275 KB, 1500x998, etheriuminvestors.png [View same] [iqdb] [saucenao] [google]
2806912

>>2806890
>Fighting against the current market
>Everyone Bullish
>SELL SELL SELL

No wonder you lost so much money and your parents hate you

LOW IQ
O
W

I
Q

>> No.2806964

>>2806912
Pretty concerning downtrend at the moment. Chang.
Don't you betray your kind and jump off the sinking ship now.

>> No.2806967

>>2806623


HAHAHAHAHAHAHAHA bitcoin/ether bagholders on suicide watch

LTC is the only coin that got through last weeks crash excellently. it will be the defacto safehaven for segwit/hardfork crap. it'll be the first coin to implement the lightning network. and MIT is potentially coming out with some awesome tech soon

Don't listen to this pajeet. buy LTC and HODL

>> No.2806995
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2806995

>>2806964
>CHANG CHINA CHINK
Broken fucking record, I bet you have a speech impediment you little manlet goblin

The whole "ship" is sinking you that's why you play the market. Even then, LTC preformed outstandingly. Sorry you're retarded and couldn't save yourself from ETH because you wanted to "go against the trend" like a brainlet.

Your bags won't save you now boy.
$50 ETH, screencap this.

>> No.2807014
File: 44 KB, 1349x856, Screenshot from 2017-07-17 17-27-42.png [View same] [iqdb] [saucenao] [google]
2807014

>>2806964
>behold le sinking ship

kys

>> No.2807032

When ltc rolls out its smart contract sidechain its basically game over for btc and eth. See you on the moon

>> No.2807085
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2807085

>>2806995
>I hold ETH

It looks like a pajeet pnd atm.

It seems like China chinks don't share your misplaced azn pride for your coin because they've dumped the shit out of it tonight. ROR

>> No.2807109

>>2807085
>it's dumping
>no it's not check this chart
>LALALA IT'S DUMPING LALALALA

¯\_(ツ)_/¯

>> No.2807143
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2807143

>>2807085
>Broken record HURF DURF CHINK CHINK CHINK
>Ignores facts and creates up easily disproved bullshit
>Childish insults

You must 18 and not autistic to be on this board. I'm glad you're losing money, maybe you'll finally kill yourself and boost the world's average IQ by 10 points.

>> No.2807167

>>2807143
>1 person dying can boost the world's average IQ by 10 points
>displays lack of basic understanding of how averaging works
>expects people to trust his opinion

>> No.2807192

>>2806623
People in this thread don't understand what's going on. OP is being alarmist but he is right.

LTC's value prop is falling apart. It's a good coin, but not worth $40/$50. LTC will bottom at $5 and its new mean will be $10. Period.

I'm not hating. It's just basic logic. Don't be silly or cultish with your money.

>> No.2807197

>>2807167
>autistic friendless, emotionally void brainlet can't pick up jokes
>tries to claim superiority, but in reality is to stupid to understand what's going on

JOKE
(your head)

Check this out, you'll learn a lot about yourself:
https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect

>> No.2807210

>>2807197
>over-exaggerates things
>i-it's not a tendency i s-swear
>expects people to believe him

>> No.2807259
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2807259

>>2807197
>Can't grasp the elementary concept of averages
>Labels those who correct him as suffering from an illusion of superiority

>> No.2807292
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2807292

>>2807167
>it's gonna drop 90% in price because I say so
>Period.
>not hating, just logic

Epic argument bra. Who needs trends and charts when you've got anonymous bagholders.

>> No.2807299
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2807299

>>2807210
>doesn't get joke
>claims over exaggeration because "it" doesn't understand

>>2807259
>Also doesn't understand the concept of an exaggerated joke
>Can't defend, so grasps for straws

Signs of autism:
Doesn't understand simple concepts of human interaction, like jokes.

>> No.2807300

>>2807259
Holy shit dude you're embarassing yourself.

>> No.2807333
File: 94 KB, 508x336, biz zone.png [View same] [iqdb] [saucenao] [google]
2807333

>>2807299
guess where LTC is on that chart

that's right, it's right in the /biz/ zone

>> No.2807377

>>2807333

>tfw I forgot I had coins and just found them the other day
>ETH and BTC, worth $220
>Noticed ETH falling the next day, only had $180 worth left
>Dump ETH into LTC
>LTC pumps
>Sell LTC
>BTC going back up

Almost back to where I started.

>> No.2807398

>>2807377
t. cryptochad

>> No.2807409

segwit2x is gay shit, litecoin could have the strongest asic bitcoin copy chain
asic chip producers and miners are what's supporting segwit2x so who knows if they decide that on litecoin one day
therefore vertcoin is the best bitcoin copy chain because it's asic resistant, gpu only

>> No.2807417

>>2807333
I've argued with mudcrabs more fearsome than you

>> No.2807446

>>2807417
We shall converse again in August.

>> No.2807455

>>2807417
MUDCRABS BTFO

>> No.2807488
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2807488

I can't see any reason why anyone would be scared of being in litecoin until nearer August 1st. I get that if miners meet deadline and segwit goes off without a hitch we'll see a dip obviously because a lot of bitcoin promised money is riding out the storm in litecoin. But can anyone give me any real evidence why litecoin would be something to be concerned about before July 29th??

Pic related - sp00py litecoin looks like its gonna eat muh money

>> No.2807603

>>2807488
Thing is even if it looks like segwit2x is going forward, before actual activation Bitmain & friends can pull out at any time and initiate their "UAHF", and that's exactly what they'll do if they feel they can get away with it.

What's certain is they're not developing the bitcoinABC client for no reason. They're planning some sort of play.

>> No.2807604

>>2807488
you're in the /biz/ zone after the peak

>> No.2807805

thanks, just gonna go long on litecoin

>> No.2807915
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2807915

>>2806623

>> No.2807926

>>2807192

kek $5 keep dreaming bud, this isn't 2015

>> No.2807950
File: 55 KB, 725x483, satoshi.jpg [View same] [iqdb] [saucenao] [google]
2807950

http://litecoin.mit.edu/

14 days

20 hours

16 minutes

Bye Bye Bitcoin!

>> No.2807964
File: 89 KB, 1272x1152, 1481118560134.png [View same] [iqdb] [saucenao] [google]
2807964

>muh LTC safespace
>come july 25
>omgomg why is LTC dropping so hard i've lost 50%
>pinkwojak.png
>why did i listen to you faggots reee

can't wait for those threads

>> No.2807970

>>2807192

Litecoin is the most undervalued currency in the history of currencies.

Very powerful people have put a lot of resources and time into keeping Litecoin artificially low. Should be 2x 3x what Ethereum is right now.

>> No.2808034

>>2807014
lol seriously

>> No.2808041

LTC: $42.50 = 26.5% down from ATH of $57.75
ETH: $175.50 = 58.2% down from ATH of $420.00
BTC: $2146 = 28.45% dwn frm ATH of $3000

>> No.2808057

>>2807970
I heard litecoin is only so fast because it is barely used. With mass adoption like BTC it will run into the same problems.

>> No.2808077

>>2808057

that's not true
there has been days where LTC's volume has succeeded bitcoin & ethereum and it hasn't had any issues

>> No.2808078

>>2808057
cool, ill sell when mass adoption happens and leave the fags holding my bags

>> No.2808085

>>2808057

also the eventual lightning network layer & smart contract layers running on top only keeps the blockchain fast as well

>> No.2808101

>>2808057
litecoin is fast because 2.5min blocks and all the same mechanics at bitcoin
vertcoin and litecoin are the most scale-able blockchains around right now
litecoin miners and bitcoin miners are the same people
so I'm in vertcoin but decide for yourself

>> No.2808119

>>2808101
>litecoin miners and bitcoin miners are the same people
so if bitcoin starts going to shit, they will just move all their money as fast as they can to litecoins.
I bought some vertcoins too, took advantage of the dip these days.

>> No.2808131

>>2807197
It's not a good joke tho and you're as autistic as this guy.

>> No.2808167

>>2808077
Trading volume is not the same as number of transactions. The average number of LTC transactions per day compared to BTC and ETH is usually about 10 times less. I don't think we can fully know right now if it can scale to those numbers but it is certainly the fastest, cheapest, and easiest to send compared to the btc eth in my opinion. I think Litecoin deserves a chance to see if it can scale more gracefully.

>> No.2808287

>>2807970
Nice, just bought 100k!

>> No.2808320

>>2808119
if bitcoin miners are dictating segwit2x and skry kyc aml and other bad protocol adjustments
there's not much stopping them from dictating litecoin protocol as well
I'm still 95% in bitcoin but the miners are the elephant in the room causing problems

>> No.2808548

>>2808167

lightning network would prevent any sort of issue i imagine

>> No.2808577

>>2808131
>Acts if his opinion matters

Haha fuck off worm

>> No.2808864

LTC crash coming soon, get out while you still can.

>> No.2808867

>>2808864

shut the fuck up
until after i cash LTC out
stop ruining my profit margins

>> No.2809131

>>2808041
USD: $1 = 0% down from ATH of $1
fiat bunker stronk

>> No.2809150

Goldman Sachs wins patent for their own crypto technology

http://www.zerohedge.com/news/2017-07-17/goldman-wins-patent-setlcoin-technology

>Coiners

you fucking clowns thought this shit would espcape the squids. Lel, they let you do the early lifting and will reap all the rewards. Your shitty little coins will be worth 0 within a year

>> No.2809158

SELL SELL SELL

>> No.2809530

>>2809150
It's like you enjoy paying taxes

>> No.2809544

>>2806623
finmally

ive been holding my short for weeeks

finally all those money lost is returning

>> No.2809557

>>2809150
Derp the whole appeal of Bitcoin is that it's outside of the jew banks.

>> No.2809704
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2809704

LTC getting sodomised dry. Hope you aren't nuts deep. Otherwise you're fucked, pal.

>> No.2809763

Lol OP was right for once.

>> No.2809766

>>2809704

Litecoin marketcap - $2,241,474,011

It was under 2 billion a day ago...

stop causing FUD

LTC is the main reason BTC miners decided to get segwit in the first place because they saw how well it worked on LTC. LTC isn't going anywhere. It may not grow as fast as BTC or ETH.. but it will grow and reach $100/coin eventually.

>> No.2810019

>>2809763
After 2 weeks of daily fudding he had to get it right eventually.

>> No.2810030

>>2809766
want to tell me what purpose, litecoin has in the long run if btc gets segwit too?

>> No.2810038

>>2810019
OP here, actually this is my first post on /biz/, it just seemed blatantly obvious. Sorry you don't have the foresight for this.

Thanks for the literal free money

>> No.2810048

>>2809766
LTC's best use is and always will be a test network for BTC.

>> No.2810055

>>2810030

what purposes does any crypto have?
None

fiat is better and always will be
investing in real businesses is better and always will be

you make it sound like bitcoin is revolutionary when in reality it's just a ponzi scheme like all crypto is

>> No.2810169

>>2810030
BTC is a store of value
LTC will be used as actually currency

Atomic swaps will allow people to switch between ltc and btc with the push of a button. The two are not competing, they will work together and it blows my mind that you fucks think this is some sort of one or the other situation.

>> No.2810665

>>2806890
>being contrarian for its own sake
I hope all of those (You's) keep you warm at night. Because you'll be too poor to buy heating for your trailer.

>> No.2810689 [DELETED] 

>>2810665
https://youtu.be/5X_35WvE2MY

>> No.2810697

>>2806860

>Malaysian bagweaving forum

I laughed.

>> No.2810703

>>2810665
https://youtu.be/1wCbB0uMlkA

>> No.2810705

>>2810055
>what purposes does any crypto have?

Buying drugs. Gambling. Wagering.

>> No.2810709

>>2810703
Great song. Great band.

>> No.2810752

>>2810169

This.

>> No.2810872

>>2810055
I found the guy who reads Marx.

>> No.2810906

I have 100LTC, should i sell half and buy 1 btc?