/LTC General/ - Why Does Boomer Love It Edition

[Anonymous No.28776437]

>What is Litecoin?

From Wikipedia: Litecoin is a peer-to-peer cryptocurrency and open-source software project released under the MIT/X11 license. Litecoin was an early bitcoin spinoff or altcoin, starting in October 2011. In technical details, Litecoin is nearly identical to Bitcoin.

>Why invest?

>Reliable and tested coin that's almost as old as BTC
>Cheaper fees compared to BTC
>Widely accepted on reputable sites like Paypal
>Grayscale investment firm has bought 200 million dollars worth in the recent months and are still accumulating
>MWB privacy update coming soon
>Has not reached its ATH yet like BTC or ETH have
>Top ten crypto for close to a decade

>Where to buy?

Any crypto exchange really. LTC has tenure and can be reliably bought just about anywhere. If you're new, here's some suggestions.

>Coinbase
>Blockfolio
>Kraken
>Binance
>Paypal

News

>https://cointelegraph.com/news/record-584m-litecoin-futures-open-interest-signals-institutional-inflow
>https://cryptobriefing.com/litecoin-poised-retrace-before-entering-new-uptrend/
>https://www.fxstreet.com/cryptocurrencies/news/litecoin-price-forecast-ltc-aims-for-a-15-upswing-as-bulls-hold-the-upper-hand-202102091608
https://cryptoslate.com/litecoins-mimblewimble-privacy-upgrade-is-ready-to-roll-on-march-15/

Price

>https://www.coindesk.com/price/litecoin
>https://www.coinbase.com/price/litecoin

[Anonymous No.28776536]

Shitcoin

[Anonymous No.28776614]

>Buying ltc instead of the superior btc sv.
Ngmi

[Anonymous No.28776690]

>>28776536
The OG shitcoin

[Anonymous No.28776815]

>>28776614
Fauxtoshi's shirtless pics makes me turn away from buying that 10000th Butcorn Hard Fork

[Anonymous No.28776857]

Where my liteknights at?

[Anonymous No.28776987]

>>28776437
next batch of apollo ltc miners that futurebit sells I will probably pick up 2/3 just for the fuck of it and run them for a few years

[Anonymous No.28777169]

>>28776437
Litecoin is the oldfag's choice for an alt and the only choice for an alt long term really.


>>28776614
Here's the deal. First there was BTC. Then the community realized that the fees are too large for it to ever become mainstream currency. Then they created LTC for transactions and that's it. This is why all the later Bitcoin lites go to shit. Litecoin however remains. This is why BCH is worthless today compared to its ATH and why LTC is close to it's ATH. Kinda hard to see though the fog since all the other altcoins have active shilling teams.

[Anonymous No.28777221]

>>28776987
What's going on with Antminer these days?

[Anonymous No.28777472]

>>28777169
>This is why BCH is worthless today compared to its ATH and why LTC is close to it's ATH
This Boomer got a point

[Anonymous No.28777548]

>>28776437
LTC doesn’t get the love it deserves, best investment I’ve made in years.

[Anonymous No.28777642]

[Anonymous No.28777661]

>>28776437
she is sexy women.. what name .. tell tell anon

[Anonymous No.28777746]

>>28776437
Fuck this chink.

[Anonymous No.28777971]

>>28777642
I know he dumped on Liteboomers. I know the project only has a part-time dev. I know Chinky Lee always tries to murder LTC whenever he shows up in an interview but you know what, it somehow keeps living.

[Anonymous No.28778256]

>>28777548
I think people mostly have issues with Chinky Lee. The coin itself is no different than Doge.

[Anonymous No.28778629]

>>28777661
Mrs.Lee

[Anonymous No.28778705]

>>28776437
I cannot think or comprehend of anything more cucked than selling your LTC. Honestly, think about it rationally. You are buying, minin', collecting and posting your LTC portfolio for at least some years solely so it can go and get ravaged by another shitcoin. All the hard work you put into your beautiful little portfolio- reading her cryptoscam rates at bedtime, making her go to the safe, making sure she had a healthy gain, protecting her, playing with her. All of it has one simple result: her gains are more enjoyable for the shitcoin shills that will eventually buy her before she moons.

Raised the perfect LTC stack? Great. Who benefits? If you're lucky, a random shitcoin who had nothing to do with the way she grew up, who you sell her for. You will cry for her mooning body every night. Pajeets gets the benefits of her precious and lite personality that came from the way you stacked her.

As a man who has sold his LTC stack, you are LITERALLY dedicating at least 3 years of your life simply to raise an LTC stack for another man to enjoy. It is the ULTIMATE AND FINAL cuck. Think about it logically.

[Anonymous No.28778764]

>>28777221
>7221▶
>>>28776987 (You)
>What's going on with Antminer these days?
They still make decent miners that have high entry costs and are NOT 110v (meaning not easy for US bros unless you wanna rewire a circuit in your house)

The old ones like the s9 are non-profitable now due to halvings and electricity costing so much on residential grids.

The apollo btc and ltc miners seem like the only sure all in one package (that can also be a node if you want) that won't absolutely ass rape my electric bill.

>*they will only be slightly profitable at first but god knows any money in crypto I've made is in the long haul anyways aside from dumping doge coin on noobs around .07

[Anonymous No.28778841]

>>28778705
So when are you selling, anon? You got to cash out sooner or later

[Anonymous No.28778855]

>>28778256
>The coin itself is no different than Doge.
It's literally 2 years older than doge. It came 2 years before doge and it solved the transaction fee problem back then.

Doge is really a pnd scam coin which just got massively shilled as of late. If Musk was a channer instead of a redditor he would know that.

[Anonymous No.28779185]

>>28778764
I heard someone needed a new house after using an Antminer with Transformer in the Burgerland

[Anonymous No.28779355]

>>28778855
maybe someone needs to bring him here. Doge and Litechink are doing merged-mining though. They are joined at the hip.

[Anonymous No.28779539]

>>28776857

YES MI LORD?

[Anonymous No.28779700]

>>28779539
Don't you have a job and life, boomerbro?

[Anonymous No.28780083]

performs like trash, when will it go up

[Anonymous No.28780152]

You HAVE to shill this to companies and boomers as just as good as btc

[Anonymous No.28780340]

Made a profit off the dip today. Feels good.

When do we hit ATH vros?

[Anonymous No.28781215]

>>28780340
when Elon realizes Litechink is Doge's papa

[Anonymous No.28781543]

Anyone know the source of this pic?

It started moving a bit in ltc/btc now a bit.

[Anonymous No.28782199]

>>28776614
Are you dumb? Those people are like children lol. Remember what they were saying? "I'm prepared to take us all down"..what greedy pieces of shit.

[Anonymous No.28782748]

>>28781543
the source is: "oldfag public knowledge"

[Anonymous No.28782900]

I cant wait to watch all of /biz/ FOMO into this soon

[Anonymous No.28783265]

>>28782900
that will happen the more boomer submit a market order

[Anonymous No.28784120]

>>28783265
yup *sips*

[Anonymous No.28784164]

>>28779539
Keep spreading the good word and hodl. Armored hands fren

[Anonymous No.28784240]

>>28779185
lmao wouldnt surprise me, saw one s9 and passed up on it immediately, loud as fuck, shit ton of electricity.

>if they used their own power supply & didnt know what they were doing 100% a fire hazard

[Anonymous No.28784323]

When's MWEB coming? Also why the fuck did they call it Mimble Wimble? That's like peak brit naming convention.

[Anonymous No.28784497]

>>28784323
nigglewiggle was said to come mid of march

[Anonymous No.28784600]

>>28784120
The moon looks bright and clear after $250.

[Anonymous No.28784691]

we are at almost 2 years of the ltc halving wich spikes the ltc-btc chart(the one that matters, fuck fiat) that + mimblewimble will make us 2-5X on the ltc-btc (more Xs if compared to usd)

[Anonymous No.28784813]

>>28784323
Crypto space is full of My Little Ponies, and Hungry Potter loving fags. Niggerwimble is a French name of a character.

[Anonymous No.28784895]

>>28784691
why does niggybimbo matter, anon?

[Anonymous No.28785046]

>>28784895
improves scalability and anonimity if you are a criminal or schitzo

[Anonymous No.28785188]

>>28785046
It isn't exactly a normie thing, is it?

[Anonymous No.28785561]

>>28785188
neither is crypto

[Anonymous No.28785737]

>>28776857
Holding tight

[Anonymous No.28785858]

>>28785561
Elon Musk's shill is

[Anonymous No.28786543]

>>28777169
The only choice for an alt long term is XMR.
I'm holding LTC since 2015 and would have much bigger gains if I had hold XMR all this time.

[Anonymous No.28786782]

>>28786543
Maybe one day you will say you would have had much bigger gains if you had just held LTC. Also, learn English, Ranjeet.

[Anonymous No.28787501]

>>28776857
I'm a proud owner of 5.6 Litecoins, bought the dip last night and held strong through my first Sunday dip. Only regret is that I didn't sell when it hit 230.86 so I could reinvest when it hit $192, my DCA is still pinging me at a $-10 loss, but that's a far cry from the $-50 loss I would've had if I didn't buy in when it dived last night. Looking forward to what this week brings us, lads.

[Anonymous No.28788186]

B-b-b-b-bump

[Anonymous No.28788470]

I cant put enough money into this wish i had more

[Anonymous No.28788525]

>>28787501
Just HODL, boomerbro. Been holding this shit since $44

[Anonymous No.28788639]

I'm all in LTC right now
I really thing it's going to blow up in like 2 weeks
hope I didn't fuck up

[Anonymous No.28788839]

I sold the bottom of the last dip thinking it would go lower, should I buy back in now or wait for it to go down a little?

[Anonymous No.28788898]

>>28788839
>I sold the bottom of the last dip
ngmi

[Anonymous No.28788995]

>>28788839
You need to leave now, son.

[Anonymous No.28789028]

>>28788839
buy high sell low

[Anonymous No.28789055]

>>28788525
Only gonna sell when this stupid silver shit hits $500 / $1000, and then I'm going to invest all that back into LTC during the bear market to finally have funny money to throw around into Penny Tokens during the next bull run. I'm excited, anon.

[Anonymous No.28789229]

>>28789055
>during the next bull run
anon...

[Anonymous No.28789417]

>>28789229
That changes nothing, anon. If there is no Bear Market then I'll rejigger my Make It Strategy from "Sell at peak, buy during bear" to "sell at peak, buy during dump." I'm not going to let this chance at stay-at-home tendies go to waste.

[Anonymous No.28790073]

>>28776437
We catching up again, 0.005 when?

[Anonymous No.28790877]

>>28776437

[Anonymous No.28791549]

>>28776437

[Anonymous No.28791865]

I have 10 LTC. Thinking about moving to the cayman islands after this golden bullrun. LTC to 100k.

[Anonymous No.28791975]

>>28791865
based and realistpilled

[Anonymous No.28792046]

when are we going to moon

[Anonymous No.28792243]

>>28792046
when mimbiewimbies drops

[Anonymous No.28792340]

>>28791865
>>28791975
>100k
How does $250k sound?

[Anonymous No.28792852]

>>28792046
golden cross coming up on the weekly ltcusd chart, look at what happened to eth when it happened in the ethusd chart

[Anonymous No.28793097]

Sold my 26 ltc at $130. I really am unironically ruined.

How do you forgive your own mistakes, anon?

[Anonymous No.28793627]

>>28793097
Buy back in fren. We still haven't recovered from this dip

[Anonymous No.28793645]

>>28792852
I'm seeing barely any resistance above $250.

[Anonymous No.28794038]

Any of you guys run a full node? Thinking of building one as a project, just a basic Raspberry Pi setup.

[Anonymous No.28794082]

Got a measly 8 LTC at ~$160 plus like a third of ETH. Hoping to make 10k profits, but $4-5k is good too.

[Anonymous No.28794342]

>>28776614

[Anonymous No.28794569]

>>28792340
$1k at best, boomerfren

[Anonymous No.28794684]

>>28777642
average price was 205
so if he held till today he would already be in profit

[Anonymous No.28795389]

Feel kinda bad for the retards that bought above $220 over the weekend. They'll make a profit if they held for sure, but they probably freaked the fuck out when it dipped to $190 yesterday.

[Anonymous No.28795638]

>>28795389
Theyre going to beyond 10x their money easily this cycle and by the time it gets around to next they will have 100xd or more. In 5 years LTC will be 20k and thats assuming no power shift between it and BTC this cycle, which desu could easily happen with 100$ bitcoin fees. Now is still an awesome time to get in.

[Anonymous No.28795718]

>>28795389
It's hard to know. I bought in yesterday at $208 thinking that was wise, an hour later was the dip to $187. I was able to set another buy for $191 later and get it filled, but timing the market is often a matter of luck

[Anonymous No.28795784]

one thing i've noticed with the new inflow of people, they tend to totally ignore the ALTS/BTC charts. there's so much alpha to be had there and there will be so much money left on the table because of that. Get mentally prepared for a $1k LTC if BTC holds that 50k range.

[Anonymous No.28795812]

>>28794569
Fud

[Anonymous No.28795927]

>>28776857
Standing by

[Anonymous No.28796014]

>mfw when my stop-loss got triggered and I slept through the dip

[Anonymous No.28796132]

>>28796014
stop losses in this market are retard bait, especially on something like ltc.
Had no stop loss and im green again...

Do we have movement?

[Anonymous No.28796370]

so much cope in this thread

[Anonymous No.28796645]

>>28796132
You're probably right but you never know when it'll all go down. Anyway, I'm hoping for another dip at least below 200. Somewhat likely, so I'll hopefully rebuy more than I had before.

[Anonymous No.28796716]

>>28796014
why would you have a stop loss above 177? anything higher than that would just be a higher low, nothing to worry about

[Anonymous No.28796930]

>>28796716
I'm just a cautious newfag anon, trying my best.

[Anonymous No.28796966]

>>28788839
don't fucking swing, especially not the dips

[Anonymous No.28797082]

>>28796930
well now you learned that stop losses in crypto are for newfags and bots

[Anonymous No.28797144]

It's been a wild ride for me holding LTC. Bought after the last ATH around $240 and then averaged down to around $150 during the bear market. Holding about 30 LTC now and couldn't be happier to see the coin rise in value again and hopefully break its ATH soon.

[Anonymous No.28797187]

>>28776437
$220

[Anonymous No.28797283]

>>28797144
When are you selling?

[Anonymous No.28797286]

>>28797082
Well, yeah. I'll know from now anon.

[Anonymous No.28797393]

>>28795389
That’s my situation; bought at $227, and then at $221, but then I realized the next day was Sunday so I withheld buying more. Got 2.3 LTC at $192 last night and my only regret is not selling when it hit $230 so I could be sitting on ~9 LTC instead of 5.6. Oh well, I’ll make it up by the next cycle. I’ve been learning a ton these past few weeks, and I finally think I’ve got a chance to make it. I’m motivated to see what tomorrow brings, and you can’t put a price on that.

[Anonymous No.28797518]

>>28797144
nice
good move on averaging down

[Anonymous No.28797639]

>>28797283
Never

[Anonymous No.28797916]

>>28796014
I mean depends what youre doing stop losses are in most cases essential , in this case that stop loss should have been a limit buy.

[Anonymous No.28798093]

>>28797283
I personally see BTC going to at least 100k this cycle and expect LTC to at least 2x alongside it. Once it goes above $500, I may start thinking about it, but we'll see. Depends on how the overall market factors look.

[Anonymous No.28798140]

>>28794038
it got pozzed, you dont get anything by running a full node anymore

[Anonymous No.28798145]

>>28797916
Well, I do feel pretty dumb now. I really hope it'll dump a bit again...

[Anonymous No.28798342]

>>28798093
It never hurts to take some profits as you never know when the entire market will crash. I plan on selling 1 or 2 of my 8 stack around $500 to secure some gains. After that, I'll just hold to see where it goes.

[Anonymous No.28798449]

>>28790073
see >>28784691

[Anonymous No.28798775]

Seriously guys, should I buy back in or waiting for the next dip is the way?

[Anonymous No.28798951]

>>28798775
If you want to see it mooning, a market order is the way to go

[Anonymous No.28799600]

>>28798951
My priority is making most money and I don't think measly 6 LTC will send it to the moon, whereas the difference of between 6 and 6.5 LTC might make me 300-400 extra.

[Anonymous No.28799872]

>>28776437


LTC $420 here we go

[Anonymous No.28800082]

>>28799872
Got to break $250 anon

[Anonymous No.28800418]

>>28798775
Buy some right now using half your available money, and wait some time later this week to buy a dip using your other half.

[Anonymous No.28800423]

>>28800000

[Anonymous No.28801091]

I will see you boomers tomorrow

[Anonymous No.28801944]

$300 EOW or EOM?

[Anonymous No.28801998]

>>28801944
end of minute