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/biz/ - Business & Finance

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5014567 No.5014567 [Reply] [Original]

I bought two coins as a small investment. Do you thing it will one day become as big as bitcoin? Will i make any money off it? Is litecoin a better choice?

>> No.5014582

cant buy rope with ethereum

>> No.5014590

>>5014567
Ethereum is probably your safest bet in the entire crypto space.

It will be dropping soon, but will climb back up

>> No.5014624

Less likely.
Eth supply isnt limited.

>> No.5014680

>>5014567
Short term ETH, long term LTC.

>> No.5014714

Lol Litecoin shills desperately trying to keep the pump of this obsolete trash going.

It’s ok, stick around here while ethereum shills ETH directly to world leaders at APEC

>> No.5014719

>>5014624
True but when POS hits eth will the price jump do to low inflation?

>> No.5014726

>>5014624
Yea it is, and will also be deflationary.

QED

>> No.5014794

>>5014624
this meme just tells me how disgustingly dumb normies are

read about the inflation rate you fuck. it basically goes to nothing really quickly. not even that the scarcity rate of btc

>> No.5015708

>>5014567
to be as big as bitcoin it only need to 5x.


so when it is 2,000 that is about the same as where bitcoin is now

>> No.5016032

>>5014680
I'd tend to agree with this.

>> No.5016484

bump for interest

>> No.5016557
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5016557

>>5016032
You’re an idiot I’m afraid.

>> No.5016682

>>5014567
>>5016484
BTC and LTC are competitors. Their price will depend on confidence in cryptocurrencies as actual currencies and how strongly Bitcoin holds its dominance. As long as Bitcoin's technology stays as poor as it is and remains unable to process a large volume of transactions, you will see LTC supplement it as a way to keep a liquid balance alongside a larger BTC savings.

ETH is in a completely different world. Its price will depend on how much use smart contracts get. Some people used to use it like they would LTC because the transactions were so quick and cheap, but now that a popular dApp launched and exposed Ethereum's own scaling issues, you'll see a lot less of that. ETH is much more of a long-term hold because its use is based on an emerging technology that has yet to be adopted by most industries that will benefit from it. Its value today is primarily based on speculation.