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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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29534583 No.29534583 [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.29534696
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29534696

>>29534583
photoshop anon reporting in
i doubled down in low 160s, literally all in on LTC right now kek

>> No.29534812

>>29534696
Same, extremely comfy

>> No.29534849
File: 477 KB, 507x872, liteknighting.jpg [View same] [iqdb] [saucenao] [google]
29534849

>>29534696
based first poster
welcome, photoshop anon

>may the blessed Our Lady of the Lite watch over this thread, and protect Litecoin as it ascends from the dip

I'm out for the evening, do your best to keep this thread up overnight, all

>> No.29535140

is it even really DCAing when you buy every 5 minutes for 30 minutes?

>> No.29535143
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29535143

>>29534583
I invested a $1000 each into LTC and ETH and still have a $150 profit. It's not much, but at least I'm still green.

>> No.29535256

oh lord please make me money

>> No.29535583
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29535583

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.29535847

what wallets do you guys use? thinking about swinging 70% of my btc over to ltc and take it out of the exchange

>> No.29535996

i'm waiting for some funds to clear so i can get to 100 ltc

>> No.29536051

>>29535847
I've used litecoin electrum from here with success https://electrum-ltc.org/

>> No.29536432
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29536432

>>29535583
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!

>> No.29536501

>>29535583
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.29536663
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29536663

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.29537077

>>29535140
That's pointless at this stage.

>> No.29537578

>>29534696
Full rectum

>> No.29537841
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29537841

TAKE MY POWER AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.29538019

>ITT: poorfag copers
Lol yall missed the bullrun

>> No.29538049

>>29534583
lord of lite is cheap to send bulish

>> No.29538117

>>29538019
Dumb nigger. Its just getting started. I wouldnt expect a come down until late this summer.

>> No.29538178

LTC $600+ end of March

>> No.29538208

>putting money into a coin that slept over the whole bullrun

lmao

>> No.29538211

just converted all my LTC for BAT

>> No.29538251

>>29538208
this is why we are buying in
it's bound to wake up at some point and the longer it sleeps the closet to awakening we are

>> No.29538307
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29538307

>>29538178
I believe

>> No.29538368

>>29538117
Coping to not rope
Bullrun is over simply as

>> No.29538389

>>29538307
Loving the photoshops

>> No.29538539

>>29538251
>it HAS to happen, it just HAS

no

>> No.29538765

LMAO AT THE BOOMERS IN THIS THREAD WAITING FOR A 3X

>> No.29538771
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29538771

>>29534696
>literally all in on LTC right now kek
I'm ruined

>> No.29538811

>>29538539
it happened during every single bull market and we have news catalyst coming up with Flare airdrop, Mimblewimble privacy features and ADA bridge coming up
LTC will be part of DeFi with Flare and ADA and it's the only (soon to be) privacy coin easily available to normies on Coinbase, PayPal, Robinhood, etc.
+ silver to Bitcoins gold and you can own whole coin instead of 0,001 argiments
also it's not getting delisted randomly from exchanges unlike BCH and XMR
it's jus too perfect for this NOT to happen this cycle

>> No.29538868

>>29538771
well the good news is that no matter what crypto you would've bought - it all dumped all the same

>> No.29538922
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29538922

What can I say? It's a good coin.

>> No.29538969

>>29538539
oh and did I mention cheap and fast transactions? as BTC and ETH networks become clogged this is more and more important factor too because it's the only mainstream coin that's good for moving funds across exchanges and real-world applications with actual payments

>> No.29538996

>>29538771
That is literally a /makeit/ stack anon

>> No.29539006
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29539006

>>29538771
so whats the broadcast for LTC, im down to -1000$ recovering from -1200 cause i went balls deep and thought litecoin was going to not suffer that much by the fall of other coins such as bitcoin but it was still hit considerably. still not selling

>> No.29539017

>>29538811
this

>> No.29539155
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29539155

>>29539006
I'm too afraid to take a look at my balance but at least, I didn't get a tattoo

>> No.29539206

>>29538811
>and you can own whole coin instead of 0,001 argiments
to what extent does this really matter? 1000USD of BTC purchased at 30k would still be up 100% at 60k, and so on

>> No.29539219

>>29538996
YOU CONSIDER 84K AT MOST MAKING IT ? XD

>> No.29539243
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29539243

>>29538868
>Everyone lose is the good news

>> No.29539300

>>29539155
top kek

>> No.29539303

>>29539219
He is a venezuelan

>> No.29539469

>>29539206
should help with normie fomo once this gets going
another point to go long would be grayscale accumulating, they own like 3% of total supply):
https://tokenview.com/en/Grayscale

>> No.29539684

This coin just keeps disappointing. Fuck that

>> No.29539708
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29539708

>>29539300
Is getting an LTC tattoo worse than pic related ($200+/LTC market order)

>> No.29540008

So anybody has some news on this coin or what?

>> No.29540312

dumping...

>> No.29540523
File: 58 KB, 200x200, kek.png [View same] [iqdb] [saucenao] [google]
29540523

>>29540312
no...............

>> No.29540757

PAIN AND SUFFERING

>> No.29540927
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29540927

>Everything's getting better
>Except for LTC
Why...?

>> No.29541075
File: 113 KB, 558x458, ltcstahp.png [View same] [iqdb] [saucenao] [google]
29541075

>> No.29542042

>>29540927
I feel like litecoin experiences some type of lag when compared to the live behavior of other coins. Its sort of a relay that happens on litecoin just after other coins had been affected by currency slope downs. This could mean that the average holder of litecoin does not sell very easy. My prediction is that as time passes by and exposure becomes more evident, through means of publicity or the grow of cryptop ; eventually the increasing numbers of long term holder due to means of increased exposure by sites such as robinhood or more simply put: the more people that get in contact with crypto specially litecoin will notice this pattern. subsequently increasing the value

>> No.29542130
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29542130

Bought the dip
Up to 25 LTC
1/4 of my way to 100 LTC and then liking just accumulating BTC
HODLing until about 2025, zero selling
What will LTC be worth in 2025 anons?

>> No.29542132

just bought 1.3 LTC with some doge, lets see how this goes

>> No.29542251

I got 3.1 at 174, prolly selling around 220 but maybe not we shall see

>> No.29542332

>>29534696
Do one with tesla car

>> No.29542559

litecoin should be worth between 1/4 and 1/8 of btc depending (since supply is about 4x more, and btc has the first mover and brand)

if btc is 50k usd then ltc should be 6k-12k
it's getting ready to pop

>> No.29542623

>>29542559
what do you mean by pop?

>> No.29542664

I'm scared

>> No.29542757

Litebros.... I don’t feel so good....

>> No.29543116

>>29542042
Based.

>> No.29543218

>>29534583
L-lite bros i dont think the memes are working bros

>> No.29543219

>>29534583
AAVE will eat litecoin's lunch. It's over Charles.

>> No.29543249
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29543249

>>29542664
>>29542757
>LTC is -5% while everything else is back in the Bull Run
This better get up to something respectable by Friday. It's pretty embarrassing to take 3 weeks to get up to a number it then loses in 3 days.

>> No.29543334

>>29542130
15k+

>> No.29543348

Why would anyone would buy this tired old coin instead of Dogecoin?

>> No.29543398

>>29543348
This is FUD

>> No.29543418

>>29542130
1 DOGE = 10 LTC

>> No.29543558

>>29543398
Litecoin has one of the worst long term price charts i've ever seen. It's downhill all the way from 2013, especially the price in BTC.

>> No.29543574

>>29543348
You get Dogecoin for free when you mine Litecoin kek.

>> No.29543680

>>29543348
fixed supply for starters, more decentraized (no enormous whales, yeah creator dumped his coins but this means that he gave can't manipulate the market with his stack now)
DOGE is only being mined because you can mine it with LTC, think about this for a minute
DOGE popularity among normies will eventually turn people's eyes onto LTC

>> No.29543757

>>29543558
idk anon to me it looks like it goes up and down periodically
and LTC to USD chart is actually quite sexy imo, biggest adam & eve double bottom I've ever seen on the weekly

>> No.29543806
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29543806

>>29543558
>>29543757
pic rel

>> No.29543966
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29543966

>>29543558
>worst long term price charts
It's actually one of the best, desu. Not a TA fag but even i could see the meme lines, this shit will be glorious. Strap in frens, this shit will melt faces.

>> No.29545024

bump

>> No.29545063
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29545063

>>29538771
holy based
>>29543806
>>29543966
o shitttt

>> No.29545099

>>29543680
I hodl ltc and i didnt know this, ty anon

>> No.29545211

How can I Samsung buy on my litecoin

>> No.29545292

Fuckin website has made me hundreds.

Thank you,

>> No.29545306
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29545306

>> No.29545411

Get ready for the deepest dip you've ever seen

>> No.29545450

Buy order set at 164.20
The ultimate 66666 size of order

>> No.29545462

>>29545411
I hope so. I want to buy more.

>> No.29545512
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29545512

>>29545450
>>29545411
WHEN WILL IT FUCKING END

>> No.29545538
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29545538

i don't feel so good bros