/biz/ - Business & Finance

Litecoin being around since October 2011 as one of the worlds earliest altcoins created by Charlie Lee. Lee Is a turkey baster. Litecoin by many is considered to the silver of Bitcoins gold.

Whether you believe Litecoin is the silver to Bitcoins gold isn't the point of this post. The point of this post is to show how Litecoin preforms in correlation to Bitcoins halving's.
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On November 28th, 2012, Bitcoin had its first halving, cutting the block reward to 25 from 50 btc. By October 1st, 2013, Bitcoin was trading at $132.04. By November 29th, 2013, Bitcoin traded at $1,127.45.

On October 1st, 2013, Litecoin was trading at $2.43 by the peak of the cycle Litecoin was trading at $50.27 on November 27th, 2013.
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On July 9th, 2016, Bitcoins 2nd halving had come, and Bitcoins block reward was cut in half to 12.5. Trading at $650.32. By 15 December 2017, Bitcoin hit an ATH at $19,665.39.

On July 9th, 2016, Litecoin was trading at $4.13. By 17 December 2017 Litecoin hit a high of $360.66.
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On May 11, 2020, bitcoins 3rd halving had come, and Bitcoins block reward went in half from 12.5 btc to 6.25 btc.

On May 11, 2020, Bitcoin traded at $8,604.75. By Nov 10, 2021, Bitcoin hit an ATH at $69,044.77.

On May 11, 2020, Litecoin traded at $41.57.
By May 10, 2021, Litecoin hit a new ATH at $410.26.

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Litecoin has performed very well during the same Bitcoin halving cycles, and I think based on past history Litecoin is likely to see another 10x in price approximately 1 year after the upcoming halving. whereas Bitcoin I believe will only do a 5x.

I am not saying don't own Bitcoin. Bitcoin holds it value after halving's far better than Litecoin which usually plumets downward. I do think owning a percent as a swing trade could fair very well for the upcoming halving.

*blocks your path*

LTC just finished the cup and handle and will now be going apeshit. That is all.

What do you think BTC will be at before LTC finishes this handle and pushes past $200? 100k? 200k? Will it ever finish?

Hurry up and finish the damn handle and pump so I can discard you like a disgusting whore.

LTC MOONING TO THE NEXT GALAXY $600 EOD

get in quick /biz/ the volume and double bottom confirms

LTC $600 EOW

Tell me fellow time travelers, what do I go all into with $15,000?
I'm banking on LTC because BTC and ETH are pumping and it still hasn't (200iq analysis amirite).
What's the next 10x?
(no pajeet rbc lcx negroids allowed)

i dont even recognise myself anymore.

How low will it go? Bought in at 150.

Is LTC and ETH a good hold? Thinking about putting 500 in both each paycheck. I'm not entirely sure about ETH just because I feel like it's going to dump back to 600 a coin again.

>>26323740
you have 2 hours to get in.
after that i will end up pricing you out. dont miss.

Litecoin thread

post why youre bullish on litecoin

LITECOIN

Tell me why you're bullish or bearish on Litecoin

my personal opinion is people have their priority's fucked up. first you should always own bitcoin. Its the peoples/ the worlds reserve currency. Then there is Litecoin, which is the silver to bitcoins gold. The reason i like it so much is simply it does exactly what it intends to do it transfers value while not pretending to be Bitcoin (cough, cough) rogerver and faketoshi (cough cough).

Litecoin has historically came late to the halving party of bitcoin, but always packed a punch. Litecoin, similar to bitcoin has only had higher highs and lower lows. It remains to be seen if litecoin will moon this bull run or not. but simply looking at it from march to now, it certainly mooned...just not past the ath yet.

>>26092137
Guess what price I bought into this at?

I'm absolutely devastated

>Barely moves when Bitcoin is mooning
>Fucking crashes when Bitcoin barely dumps
Fuck this shit

should i get a bag before retail wave?

Will ltc ever pump. I own 125 and that’s a lot for me and it’s sucks it won’t pump

Basically I don’t wanna sell and then see it pump

Why the fuck won’t this pump? God damn I’m regretting not trading it all for link like I thought about doing the other day