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4977931 No.4977931 [Reply] [Original]

Could LTC ever reach $10k or higher?

>> No.4977973

>buy LTC
>literally a single LTC at $100
>Dad who's a day trader warns me to be careful because I don't know what I'm doing
>almost does it in a threatening manner as if he'll kick me out of the house if I start getting into crypto

The fuck?

>> No.4977988

>>4977973
tell your dad hes a faggot

>> No.4977999

>>4977973
dude jealous you already made more than him in his entire lifetime.

>> No.4978000

>>4977931
silently just reached .013 btc ratio

next stop, .02

>> No.4978003

>>4977973
your dad is a faggot op, he's tryna accumulate

>> No.4978010

tell your dad that he is an old man and a fool

>> No.4978019

>>4977973
just remember, odds are he dies before you

>> No.4978024

zero sum game

>> No.4978048

>>4977973
>boomers
not even once

>> No.4978076

>>4977973
I've noticed a lot of boomers being extremely hostile towards cryptos. I don't get why.

>> No.4978079

Tel him to start digging his grave. New era oldfag

>> No.4978103

>>4978076
they are afraid

>> No.4978120

>>4978103
Of what?

>> No.4978127

>>4978076
once people get old they have trouble letting go of their beliefs. the inability for one to adapt means they are already dead on the inside

>> No.4978141

>>4978076
They have their life savings in Fiat and will have to buy their sons bags

>> No.4978166

>>4978076
The jew conditioning that "success means hard work" makes them lash out at anything that contradicts this. Though my dad has been pretty cool with my gains, maybe because he knows I'm a hard worker with or without crypto

>> No.4978169

>>4977988
>>4977999
>>4978003
>>4978019
>>4978048
>>4978076
>>4978048
So should I ignore his advice and start buying a little bit with every paycheck I get from my wageslave job? I have 10k just sitting in my bank, but I do have bills.

>> No.4978224

>>4978169
Never invest more then you can afford to lose.

>> No.4978227

>>4978169
Put in 3 - 4k to start. Put in more as you acquire more money. As long as you have sufficient petro, you'll be fine.

>> No.4978245

>>4978076
Boomers are generally very fearful people. They were the first generation to be raised in suburbia, sheltered from real life, living their entire lives in an artificial bubble. When they see something new that they don't understand, they don't even have the mental capacity to try to understand it, and they're immensely afraid of change of any kind.

>> No.4978252

>>4978224
Then you are prepared to lose I mean.

>> No.4978287

>>4978227
>>4978224
Thanks. I'll probably start dumping in $100 a paycheck to play it safe.

>> No.4978288

>>4978169
Invest in what you are comfortable in. I'll never mention what to buy but always do your research.

>> No.4978356
File: 774 KB, 1024x1476, Screen Shot 2017-12-11 at 23.21.21.png [View same] [iqdb] [saucenao] [google]
4978356

>>4978127

>> No.4978364

>>4977973
he will never know what you have purchased in crypto...thats the point

>> No.4978393

>>4978076
because its the end of the gravy train, eg thier banking, retirement funds etc

>> No.4978467
File: 40 KB, 413x407, pickle_rick_reaction_image.jpg [View same] [iqdb] [saucenao] [google]
4978467

>>4978076
If this thing reaches its logical conclusion, fiat dies. As a result, your savings accounts, negotiated working contracts, health insurance, 401ks, etc. based in USD are all going to become worthless unless they are somehow also backed in crypto. It's very understandable to be scared of it if you aren't in it and are aware of the future it can bring if big boy companies like Amazon start accepting it as payment (which btw, any company could use to both get a foothold on the future, and justify giving employees ridiculous raises that aren't relatively expensive given where we should go with the trends -- think paying someone a 25k USD raise knowing that you're directing the switch to Crypto -- you get increased employee loyalty for next to nothing, purely devilish).

But more likely for most boomers, they think it's another instance where China is trying to pull one over, and Boomers fucking hate China.

>> No.4978497

>>4978076
>>4978048
my dad told me about dash and ethereum when they were below 10$ he was excited to tell me about these new coins and I just shrugged him off. Feelsbadman

>> No.4978523

>>4978497
I wish. My Dad's 59 and he knows nothing about it.

>> No.4978525

>>4978166

I think you mean Protestant conditioning

>> No.4978542

>>4978103 # >>4978127 # >>4978141
>>4978166
>>4978169
>>4978245
>>4978393
>>4978467
>>4978497
>being this hateful towards the generation who built this great nation
Now this is some extreme jealousy.

>> No.4978554

>>4978523
my dad is close to sixty, owns over 21 bitcoins and loves bitcoin just as much as me and my brother. One must be aware of the banking jew to really appreciate crypto

>> No.4978571

>>4978245
not a boomer here, but, this is maybe the first time ive heard anyone call anyone from a PRIOR generation sheltered or fearful. millenials are the biggest reassurance junkies humanity has reckoned with to date.

>> No.4978742

Boomers are garbage, but unlike you snotty pricks, they've actually lived through ridiculous booms, and the horrific busts that follow.

40fag GenX here, and so have I. Comic book speculation, beanie babies, dot com, I was close-and-personal on all of it.

You shitbabies do not know the pain that is coming. You have no memories of it, because you have never experienced it. RIght now you are in a phase of raw, unfettered delusion and youthful arrogance.

Oh man gimme this crash...

>> No.4978775

>>4978542
boomers didnt build it. the generation before them did. our parents are just the weak link of western civilization

>> No.4978793

>>4978742
so when are you cashing out?

>> No.4978796

>>4978742

>implying that our adolescence and college years weren't defined by the great recession
>implying that anything is okay now

>> No.4978828

>>4978742
Lol u must have felt some real pain.

>> No.4978850
File: 182 KB, 616x625, 1512391346903.jpg [View same] [iqdb] [saucenao] [google]
4978850

>>4978542
Spotted the boomer. Your parents built this nation and you fucked both them and your children.

>> No.4978863

>>4978742
salty no-coiner spotted.

>> No.4978907

>>4978742
Did you ever serve your country faggot. Did you lose friends to war? I have. Fuck you pussy. Kys

>> No.4978959

>>4978793
Last Wednesday actually.

Crypto Kitties breaking the Ethereum network and tanking the price was the last straw.

I got out, then watched the LTC I just sold go up 70% 48 hours later, for absolutely no reason, and I wasn't even mad. This is just hysterical hyper-retardation.

None of this shit has any business being priced at what it is, and nobody has any clue what the prices are supposed to be.

I already knew that, but this retarded shit with Crypto Kitties, along with THE FLIPPENING last month, along with BTC going up 100% in a month while already sky high, along with every normie on the corner looking at Coinbase on their phone, that was enough.

This sector is going to burn like a Chinese fireworks factory within a few months max, and it's going to be spectacular.

>> No.4978968
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4978968

>>4978076
My 75y/o grandfather texts me every time he sees crypto in the news, and he got really excited for me after last weeks huge media campaign. The only person in my family who showed interest about it and didn't call me a dumbass when I would talk about crypto. He was a programmer back in the 70's/80's, a bit scenile now but not as dumb as the rest of my family thinks he is. Pic related. Gotta make it before he kicks the bucket.

>> No.4978994

>>4977931
unlikely because massive supply

>> No.4979000

>>4978120
of seeing their children speculate like they probably did in the tech bubble.

>> No.4979029

>>4978968
i sucked your grandpa's dick in a dark park last night

>> No.4979037

It's going up fast because shorts keep getting liquidated

>> No.4979073

>>4979029
Good

>> No.4979081

>>4978968
Good for you bro. Happy for you faggot.

>> No.4979085

>>4978959
you do sound like an old guy though for sure. you shouldnt have sold your ltc. thats all i can tell you

>> No.4979089

>>4977973
He's just a jealous old dog.

>> No.4979092

>>4978742
Yeah nah, we lived through the housing crysis of 2007 and 2008. Crypto is not even close to the level of market cap and delusion. I'm gonna ride this one for a couple more years.

>> No.4979110

>>4978000
.1 get with it

>> No.4979146

>240
WHAT THE FUCK

>> No.4979150

yup when BTC is $ 1 MIL

>> No.4979160

>>4978994
84 million =/= large supply

>> No.4979176

>>4978959
Yeah I realized it was too late for me to get in anything substantial based on the people I know who were buying in at the time.

>> No.4979177

>>4978959
>not even mad
You sound pretty mad gramps lmao

>> No.4979220

>>4978959
dumb, this coming from someone that sold 700 litecoin and 500 eth at fraction of what they are now. i thoight the same thing as you. biggest fucking regret

>> No.4979267
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4979267

>>4978959
Hey boomer, I would be mad too lol

>> No.4979283

>>4978959
The issue is these were designed to be digital FIAT, what you are seeing isn't a bubble, it isn't mindless pumping.

Its hyper deflation as the supply becomes less and the demand stays steady or grows.

So selling out entirely was actually one of the most dumb ideas you had.

Effectively BTC was designed to create a positive feedback loop in this manner, and all the concurrent things after it are also designed to do so too barring they generate more coins since they are tied to the design of BTC.

Wherein you actually proved you didn't do you research into the matter, and thus fit the same mold as the rest of the old men who are rotting away.

>> No.4979311

>>4979220
without a doubt. seems like old people just cant shift their mind out of the speculation paradigm.

cryptos are not in speculation anymore, this is a new world order and a transfer of wealth going on. if i were a boomer id be pretty upset too. all of those 401k and roth IRAs and pensions and credit card debt, basically the entire western consumerist economy is about to go belly up and who will be the beneficiaries? well primarily the whale insiders but after them, just your average internet geek who played runescape and took part in the crypto mining fad in 2010 when electricity costs were still manageable.

the old people deserve it too. they completely rekt the life for their children and grandchildren who were not intelligent enough to get in bitcoin

>> No.4979394
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4979394

>Earlier this year
>Read about Bitcoin's upcoming hard fork
>Have fears of a crash and trade it all for Ethereum and Litecoin
>Near suicidal because of the lost gains when Bitcoin defies logic and increases in value
>Ethereum and Litecoin both way up now.

I'm not as rich as I would have been had I still held my Buttcoins, but I'm feeling really good right now. I'm not lambo rich, but I'm starting to look at houses. It also feels good to rub it in my boomer parents faces. They cried tulips and ponzi scheme like all the other haters.

>> No.4979426

>>4978542
>Boomers building anything

You're dim fucker aren't you, you're thinking of the generation prior to boomers.

>> No.4979471

>>4978968
I call me grandfather Pepa too, you're going to make it.

>> No.4979579

>>4978525
Say what you will but the protestant work ethic I think is a main reason why I'm more successful than literally all of my friends and most coworkers.

>> No.4979617

>>4979311
>muh "new paradigm"

"New paradigm" sometime in the future perhaps, through a course of gradual adoption and transition.

But first, absolute ass-wrecking.

There is absolutely no reason for this to be happening as fast as it is, not while the old economy is still chugging along. The REAL crypto revolution, if/when it comes, is going to come in response to crisis, or if no crisis, it will come gradually.

But for now, this is seriously just retards playing musical chairs and throwing money around.

>> No.4979645

>>4977973
Law of the jungle, mah boy. You beat his gains, you get to fuck his wife.

>> No.4979649

>>4977931
two forty fucking six lamo

>> No.4979678

>>4979649
*7

>> No.4979684
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4979684

>>4977973
My dad who's like 60 was also talking about 'bubble popping' and stufff like that. Boomers.

>> No.4979688

what the fuck is happening, it just jumped 20

>> No.4979736

>>4979394
better hope shit doesnt crash before you cash out. Or else they'll have the last laugh and it'll be boomier than ever

>> No.4979740

>>4977973
Literally 10 responses to this and no one called you out for being an obvious larper?

The fuck?

>> No.4979744

>>4979617
>There is absolutely no reason for this to be happening as fast as it is
this is not stocks or the way u knew things were. these cryptos follow no logic, only trends. there is no reasong behind dash, a money laundering tool, to be valued at 750 but it is. crypto is a hype machine and for some coins the hype ends but for a few of them it never will. as the USD becomes weaker everything else strnger in comparison and by disagreeing with me u are basically saying u still have faith in western civ. at this point in which i can only say good luck with that. i have none. only have money in enough fiat to keep me living and not a cent more

>> No.4979917

>>4977931

people only hold crypto because they can get wicked gains overnight. When the currencies stabilize and you no longer get the big gains the opportunity cost of holding 100k of crypto versus 100k of dividend paying stock or a bond will discourage the holding of crypto, thereby killing demand. If someone can create a crypto that provides some kind of income, this will not occur. BTC and LTC and all these other shit coins are destined to fail. Just enjoy the ride while you can and keep this in mind.

>> No.4980105

>>4979744
Things "not following logic, only trends" is the very essence of standard bubble behavior.

This is exactly the nature of NASDAQ in 1999, though admittedly, the insanity in crypto is at a higher pitch.

But this being more insane doesn't mean that it's fundamentally different.

Bottom line: this market is not being driven by the tech, it's being driven by psychology, and it's the same underlying psychology that drives every market of its kind off a cliff.

If it's a bet between this bull run being more about "an exciting revolution in the face of new and world-changing tech!" or "greedy retards FOMOing the same way they always do", I'm gonna bet on the latter.

>> No.4980243

>>4978542
They destroyed this nation you mong

>> No.4980268

>>4977931

yes, if bitcoin trades between $500k and 1 mil

>> No.4980402

>>4978742
SALTY
NO
C O I N E R
DETECTEDDDD

>> No.4980502

>>4979311
Yeah I cant wait for the curremt jew run banking system to evolve into the chinese jew soviet mafia capitalist hodgepodge banking system

>> No.4980607

My dads an immigrant to USA and when he sees me making gains in crypto he gets really happy and always tells me when Bitcoins are on the news
Which is good for me, I can gauge how people feel about bitcoins when he tells me about them, and generally its some eldrich force to them that makes free money

>> No.4980626

>>4980105
thats human nature. but theres two sides to that coin now. the greedy retards whove established the status quo and the future generations who want to dismantle it. im gonna have to bet on the free market on this one. those wanting bitcoin to fail are trying to toss water out a sinking ship here.
bitcoin is a commodity, just like gold and silver. gold and silver have been contained and manipulated to the point where they arent an issue to the status quo. thus the emmergence of blockchain, which has no master. there is still opportunity in this venture. but the ones in this since 2010 are the new elites going forward. the status quo can no longer hold itself together in the face of this overwhelming expression of anarchy

>> No.4980639

>>4980268

>if bitcoin trades between $50k and 100k

ftfy

>> No.4980657

>>4978076
My mom's got a binance account. Hahahaha haha ahahahaha aaaaahahahahahaha
Haha, Hahahaha hahaha, aha, hahahahahahahaaaaaa

Hahahahaha

>> No.4980749

>>4979000
Lmao this.
So many boomers lost their savings and think this is the exact same thing as the tech bubble. And they will be saying the same thing when we hit
$5-10k ltc

>> No.4981000

that's it for me guys, I'm cashing out

thanks everyone and good luck, I'm done with cryptos for a while, checking the price every five minutes was starting to drive me crazy

>> No.4981391
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4981391

>>4981000
pussy, cash in and start thinking about what color lambo you want

>> No.4981397

>>4978742
>GenX here
Nice try boomer

>> No.4981706

>>4978968
Buy him hookers and blow

>> No.4982076

>>4978166
But wouldn't they be hostile to stock traders?

>> No.4982106

>>4978169

lmao. you should have put 10k in ltc last week

>> No.4982184
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4982184

>>4977973
There's a LOT of people like your Dad. They avoid cryptos like the plauge. This shows the growth potential for these alt coins.

>> No.4982216
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4982216

>>4980639

>> No.4982263

>>4978166

this is so true though I wouldn't necessarily say 'jew conditioning'.

Was talking to my dad about bitcoin and litecoin because now he's kind of interested. He told me back in February he read an article in the Wall Street Journal about how young people on wall street were quitting their jobs solely to invest in crypto and live off gains.

He said he thought about telling me but said that he didn't want to encourage me not to work because "working is good for you". Meanwhile I could have made tens of thousands by now had I invested then

>> No.4982264
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4982264

>>4981000
>Doesn't just buy BTC, LTC, and some good alts for a long term hold portfolio
>Still quadruples initial investment within six months
Enjoy baby penny stocks, you faggot.

>> No.4982269

I've been in since June. Put 50k in and watched everything tank. Luckily I have experience with panicking and selling at a loss, so I knew to just HODL.

Portfolio now at $185k despite me making some awful decisions. It could've been $500k+ if I had just bought BTC and held.

I'm going to proportionally sell off $15k worth of my portfolio every week until I reach $75k... so I'll hopefully end up with my initial investment of $50k + $25k + about $100k worth of free coins that I'll let ride.

It may be a bubble... but it also may be adoption. Think of the early stock market investors. Everyone thought they were crazy buying "paper and air." It was far too risky for most until it wasn't. Now the stock market is considered the tried and true, slow and steady way to invest and make money. That was only about 100 years ago...

>> No.4982353

>>4982263

of course I'm a retard and was aware of all this when it was happening, just had no idea bitcoin would go so high. I probably would have invested years ago had Mt Gox hack not happened

>> No.4982444

>>4978287
how much do u make per paycheck, if its just a drop and it means that u eat out less or buy shittier clothes then its a good idea

but if it compromises on life needs then dont do more than u can lose

>> No.4982494

>>4979645
Fuck your mother if you want fuck.

>> No.4982575
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4982575

>>4977973
dads are either terrified or in love with crypto, there is no in-between
thats just how it is for future things

>> No.4982591

>>4978968
im rooting for you too bro
youre gonna make it

>> No.4982839

>>4977973
>>4982575
I really wonder what my dad would say if he hadn't died last year.


WHY THE FUCK DIDNT I PUT HIS 25k LIFE INSURANCE INTO LITECOIN

>> No.4982944

>>4978775

Now you say it like that, i thought about it and its really true. Our parents are the noobs in the evolution link god damn.

>> No.4982966

>>4982839
25k? Why don't you sell right now?

>> No.4982983

>>4982575
ive been telling my dad about it all year, only when i told him to buy some litecoins and it mooned did he start tossing tens of thousands into it

>> No.4983786

>>4978076
Because they spent their entire lives selling future generations down the river, but in exchange for USD, which crypto will dethrone. If they weren't supid faggots, tehy'd jsut use their wealth to switch ahead of everyone else, but the eternal boomer is a stupid, selfish faggot.

>> No.4983857

>>4977973
Your dad is a wise man.

He knows that his son is autistic and won't let him play with magical internet money without a financial background.

>> No.4983886

Yes because normies are actually buying the "BTC is gold LTC is silver" meme.

It's gonna dip though soon so make sure you buy in when it does.

>> No.4983937

Is it safe to go to sleep holding LTC for 2 days in a row?

I bought at $95

>> No.4984024

>>4983937
I bought at 68

>> No.4984042

>>4984024
Bought at 25 so what

>> No.4984049

65 is my number

>> No.4984070

Why are people hating on ltc? Nobody made fun of the chink with the skateboard cult.

>> No.4984094

>>4984024
are you sleeping or putting in fiat/btc?

What's your "fuck this I made my profits" pricepoint?

>> No.4984238

>>4984070
Obviously because they are noliters.

>normies invest in LTC
>as a result, we make tens of thousands of dollars
>noliters make nothing
>hurr durr fucking normies reeeeeee

It should have been obvious once bitcoin hit ten thousand that normies would flock to coinbase and buy the least expensive coin, but instead everyone was shilling their retarded shitcoins that no one knows about for some reason.

>> No.4984270

>>4978742
>Beanie babies!!

Topkek

>> No.4984622

>>4982575
My dad was the one to bring up buying litecoins to me, even though at the same time i was considering it. now he gets upset at me because we cant put more into coinbase due to weekly cap

>> No.4984740

>>4977973
Your dad's a faggot. I showed my dad my gains and he responded by giving me money to invest knowing that it could go to shit, but still wanting to risk it.

>> No.4984795

>>4977973
> I start getting into Crypto, only have $35 to spare because of poor fag.
>Double money through ETH, LTC, and REQ
>Tell dad I went to crypto and made money
>He wants in

Fuck dude, me and my dad are going in on various cryptos. Sorry about your shitty luck

>> No.4985178

Boomer dad thread!!

My dad is pretty financially savvy. Came from a cash strapped family.

Started with a $100 to check out college from his uncle, to med school (through Air Force over 20 years) and now supports several kids (self included) and several of his siblings. Keeps doing doctor stuff.

Believes coins are a "get rich scheme", so is wary of it as there have been many in the past. He gets the BitCoin is like gold approach, but views it is a multilevel marketing/pyramid scheme... which, on some levels, it is lol.

>> No.4985278
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4985278

>>4982076
NEETs think they're special snowflakes.

>> No.4985365

>>4978742
sooo you think the blockchain is like comics investing dot com or beane babies. You really dont understand the magnitude of the breakthrough do you....

>> No.4985379

>>4982983
How is he able to put that much money into it?
Coinbase only allows you to spend $250 a week.

>> No.4985433

>>4985379
cant tell if trolling...

QuadrigaCX lets you make direct buy orders from fiat.

>> No.4985449

>>4985379
Lmao, I hope you are joking. Honestly, they allow me up to 5k and I've not even spent that much on it period. Im Also a poor anon....

>> No.4985456

>>4985379
You can increase transfer limits through verfication of photo ID of credit/debit card transaction (up to $750) and $10,000/week for bank transfers.

Heads up that bank transfers lock in any purchases to value of coin at purchase, but it takes 5-7 days for you to be able to mess with them.

>> No.4985470

>>4978742
Who could forget the brutal beanie babies bubble burst.

>> No.4985502

>>4985470
If only beanie babies had a block chain lol.

>> No.4985538

>>4982216
I trust this shit

>> No.4985711

>>4985456
that's odd my account is unverified and my limit is 10k. not like i have that much to invest anyway

>> No.4985856
File: 28 KB, 400x400, 1E374AD7-C7D7-4706-A2FB-539A67650034.jpg [View same] [iqdb] [saucenao] [google]
4985856

>>4979617
>chugging along
>20 trillion in debt

>> No.4985911

I honestly think that in the long run LTC is actually going to take the title as the most common crypto currency to use.. but thats.. like.. just my opinion

>> No.4985916

>>4978968
>after I cash out

Oh shit he doesn't know

>> No.4986709

Litecoin is going to the moon.

Anything on normiebase is being pumped. Lao it's in the news now as the 2nd best investment after BTC. What do you think happens when the FOMO hits hard? BTC IS 17000 A POP. LTC is 230. What would you buy ?

X20 here we come

>> No.4986864

>>4984795
Same here, Anon. Got my dad to buy in BTC at 5k. Feels good.

>> No.4987384

>>4979311
Not him, but you seem to believe ANY currency has any intrinsic value. That sounds very foolish. Even gold and diamonds, actual finite resources, haven't always withstood the force of perception.

You're really proving his point about naivety.

>> No.4987837

To the old fuck posting muh bubble etc etc, fuking kill yourself. You think you know whats happening? Nobody knows what's happening. So shut your old fucking mouth because you dont know a fucking goddam thing. You know why? Beacuse your old, and that means, there was no internet, which also means your a stupid fuck because 1 your mental capacity has diminished and 2 us youngins have had more access to information more than you were ever even capable of. So fuck off with your convictions because it pisses me off to hear old fucks like yourself talk so confidently about shit u have not even the slightest fuckin iota of comprehending. Lol

>> No.4987967

>>4986709
Yep normies where I work are creating coinbase accounts left and right. Most have the same strategy, log in, see three options, they know about bitcoin but then they see LTC and ETH and they're life wtf is this shit? Oh well it's cheaper guess I'll just put a thousand on each and see what happens.

They know literally nothing about crypto other than it's going to the moon, better buy now before it hits 100,000,000 and they become overnight zillionaires

>> No.4987983

>>4987967
>They know literally nothing about crypto other than it's going to the moon, better buy now before it hits 100,000,000 and they become overnight zillionaires
So just like this board.

>> No.4988020

>>4987837
>To the old fuck posting muh bubble etc etc, fuking kill yourself.
babbys first ponzi bubble
that so cute
he even actively participates in blowing up one

>> No.4988119

>>4987983
Maybe some of the newfags, but even most of the brainlets on here probably have at least a basic understanding of how blockchains work and the difference between a premined pajeet shit token and a real coin. Or at least know what an ERC20 token is, and probably half know what a white paper is... I mean the normies know literally fuck all about crypto. Once they finally start drifting into alt coins they are going to get justd so hard by their ignorance.