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/biz/ - Business & Finance

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File: 55 KB, 1200x1200, Litecoin.png [View same] [iqdb] [saucenao] [google]
29473618 No.29473618 [Reply] [Original]

>What is Litecoin?
https://litecoin.org/

Litecoin (LTC) is an open source peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin (BTC)

>How is Litecoin different to Bitcoin?
https://litecoin.info/index.php/Comparison_between_Litecoin_and_Bitcoin

One way to view Litecoin is as silver to Bitcoin's gold, in that it is a relatively less valuable cryptocurrency that is easier to obtain and transact with

Litecoin uses scrypt instead of SHA256 for proof of work
Total amount of LTC is 4 times the total amount of BTC
Transactions are 4 times faster than with Bitcoin

>Why invest in Litecoin?
https://litecoin-foundation.org/the-case-for-litecoin/

Litecoin, one of the oldest cryptocurrencies, has proven itself a reliable and secure money with the advantages of name-recognition and high liquidity (available on almost all exchanges), consistently ranking in the top 4 in trading volume. It’s also the second most available coin in cryptocurrency ATM’s. Bitcoin continues to be the ‘gold standard’, but Litecoin has proven itself the silver to Bitcoin’s gold. According to Coinbase’s metrics, Litecoin’s price is 98% correlated to Bitcoin’s

>Upcoming Litecoin developments

Mimblewimble Extension Blocks (MWEB)
https://litecoin-foundation.org/the-battle-for-sound-money/

MW is a combination of technologies including “Confidential Transactions” (hides transaction amounts) and “CoinJoin” (a “coin mixer”)

Flare Networks Litecoin Integration (FLTC)
https://blog.flare.xyz/integrating-litecoin-flare-recap/

Litecoin will be integrated as an F-Asset with full Ethereum style smart contracts on the Flare Network

>Support /LTC/ - Litecoin General

LXuaviiX9VfGrhNqNbUfrKB8o4vjt9CxMm

>> No.29473673

It's still so crazy to think I'm gonna be a multi billionaire just from shit posted on 4chan

WAGMI everyone, I have top news, Bot Ocean algorithms will be Q2 2021

don’t use this trashbots that every fucker try to shill here

Don’t go for their ref links and etc, ths is STUPID SHIT

>> No.29473780
File: 69 KB, 1387x913, support levels.png [View same] [iqdb] [saucenao] [google]
29473780

>> No.29473869
File: 71 KB, 1387x913, double bottom.png [View same] [iqdb] [saucenao] [google]
29473869

>> No.29473908

Will LTC ever see a .01 LTC/BTC ratio again?

>> No.29474057
File: 37 KB, 1440x745, beauty.png [View same] [iqdb] [saucenao] [google]
29474057

Look at this beauty of a shitcoin chart

>pic related

>> No.29474094

>>29473780
>watch the pattern
>we need to expect at least 1 month to recover my losses
holy shit

>> No.29474190

Hello liteknights. It's me the thread opener from the last two days. How you guys doing?

>> No.29474260

>>29474057
If you are not loading here. You are a retard. The LTC/BTC chart is set to moon so hard.

>> No.29474301

>>29474260
How do you see that? Teach me bro

>> No.29474404

>>29474301
Double bottom, tightening range, historic performance

>> No.29474414

>>29474301
We are literally flat lining in the ratio. Volume is stepping in. And out of the top 3. LTC is the only one that hasn't seen its USD ATH. What do you think happens next?

>> No.29474464
File: 47 KB, 225x350, Wojak_5.png [View same] [iqdb] [saucenao] [google]
29474464

>>29474404
Hmm...

>> No.29474486
File: 9 KB, 233x334, 1390670490520.jpg [View same] [iqdb] [saucenao] [google]
29474486

>>29473618
>support /ltc/ general
fuck that nigger, support my weed habit instead
M8wy2QRbfT8zpsbgnYfkPgxPrT21wnbCyp

>> No.29474518
File: 91 KB, 480x337, 1613969960015.jpg [View same] [iqdb] [saucenao] [google]
29474518

Tfw bought at 200

>> No.29474546

>>29473908
0.01 is possible, 0.1 is never going to happen

>> No.29474550

>>29474414
This is what I was thinking. We gotta climax sometime. Bust a huge nut on the charts nigga. Green dildos only.

>> No.29474581
File: 25 KB, 628x154, WhatsApp Image 2021-02-23 at 14.59.54.jpg [View same] [iqdb] [saucenao] [google]
29474581

Have you guys noticed this?
There goes fud of no development too

>> No.29474587

>>29474190
made updates to my copypasta last night to replace the news section with "Upcoming Litecoin developments"

please update your copy for future threads

>>29473908
see
>>29474057
>>29474260
>>29474404
>>29474414
even despite this dip it hasn't shown consequential weakness. when you're at rock bottom, the only way is up

>> No.29474694
File: 252 KB, 528x800, mondaydip.jpg [View same] [iqdb] [saucenao] [google]
29474694

>>29474518
>punished liteknight

>> No.29474732

>>29474587
https://bitcoinvalueresearch.substack.com/p/why-does-litecoin-have-the-potential
Yeah and add this article that came today to upcoming please.

>> No.29474851

>>29474694
Art-bro. How is your lite stock doing? How much down are you?

>> No.29474916
File: 67 KB, 720x644, D0A2412B-06D5-4063-814D-C38CA405D264.png [View same] [iqdb] [saucenao] [google]
29474916

>>29474260
Also take a look at RSI on 1w candles. It’s fucking coiled and still oversold as fuck. Don’t worry frens.

>> No.29475016

My average cost is something like $213, I already hit the limit I set for this month but I kind of want to go in more and bring that average down.

>> No.29475180

>>29474916
Thanks for the hopium fren :)

>> No.29475265

>>29474851
not him, merely an admirer and collector of his work

speaking of whom ...

THREAD ALERT
>THREAD ALERT
THREAD ALERT
>THREAD ALERT

the LTC address in copypasta, as >>29474486 so kindly alluded to, is used exclusively to promote artwork and further fun future activities in this thread. should any anons wish to donate modest funds for the commissioning of Liteknight-themed art, or other works, that wallet will be a vector for such activities. if there are any other creators in this thread whose talent could be put to could use, and at fair rates, please be in touch, and we'll work together

>> No.29475307

>>29473618
I lost a lot during the great dippening. I ended up transferring my crypto to btc because I felt it would be safer, but then realized that Id still lose money if btc went back to an all time high. Should I bet on ltc hitting an ATH?

>> No.29475469
File: 141 KB, 1439x788, Captura.png [View same] [iqdb] [saucenao] [google]
29475469

Well i'm gonna try to give a little /hopium/ here
this is what's gonna happen next
the pattern says that LTC will go back to 155-160$ Dollars again so we might bounce from there again in some days/weeks.
but if this doesn't happen and we recover from the correction we might see a grow to 250$-280$ slow but steady

>> No.29475517

>>29475265
this is begging you dumb fuck. enjoy the ban

>> No.29475564

>>29475469
Wtf u talking about? no way its going to even hit 166

>> No.29475724

>>29474732
as i posted previously, made a decision to remove the "What's new with Litecoin?" news section and replace that with official development info. news of the variety which i was previously listing is speculative, potentially misleading, and i thought it better to include only absolute official statements, such as the now listed MWEB and Flare announcements. decided against including the rumored Cardano-Litecoin bridge because of this, there's zero official statement from either development team

for that reason i won't be including the research piece you've linked, though we ought to discuss its contents in this thread! it is a good piece regardless, and reminded me of the Venmo links, thanks. i'll look around and see if there's anything official about Venmo which i can add to copypasta

>> No.29475854

>>29475265
yes the one I posted here: >>29474486 is also for making ltc memes and also to support homeless puppies with GRIDS

>> No.29475871
File: 477 KB, 507x872, liteknighting.jpg [View same] [iqdb] [saucenao] [google]
29475871

>>29475517
>quiet thy tormented mind, and beg for penitence at the feet of Our Lady of the Lite

this piece, among others, was commissioned with those funds. (You) need not donate to further works, but don't spew libel

>> No.29475917
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29475917

>>29474260
He forgot December 2017, kek

>> No.29475956

>>29475854
please share said memes in this thread

>> No.29475995
File: 309 KB, 1439x771, Screenshot_20210220-142429_DuckDuckGo.jpg [View same] [iqdb] [saucenao] [google]
29475995

>>29474518
You Will Never Rope Alone

>> No.29476236
File: 87 KB, 1280x720, grids puppy.jpg [View same] [iqdb] [saucenao] [google]
29476236

>>29475956
I need more donations to make the memes, just like you. I already have an overstock of GRIDS-afflicted puppies so here's a pic of one

>> No.29476275

i slept through the worst (I hope)
it's only up from here

>> No.29476348

I hope your buying before it goes up again

>> No.29476461

>>29474518
So did I, feeling comfy cause we're going to 250 soon

>> No.29476495

bros I'm financially decimated

>> No.29476661

300 eoy

>> No.29476872

i bought at around 240

>> No.29477202
File: 29 KB, 547x550, pepe_pulling_eyes.jpg [View same] [iqdb] [saucenao] [google]
29477202

>>29473618
>tfw i bought so many dips that im out of money now, this shit wont stop dippign

>> No.29477247

>>29474260
the BTC-USD chart is set to dump harder than it already has
im bullish, but come on, we can still drop a lot from here