/biz/ - Business & Finance

>>10097158
lol i still made a lot of money after that

>tfw coinbase actually adds NANO and /biz/ shits itself

Why was Litecoin important?

Real question, I'm new in crypto so I have no idea why (or if) was ever important.

>>10097158
I’ll sell when litey hits $1000 in the next couple years

>>10097188
Because it's complementary to the digital gold BTC, it's the digital silver.

People not listening to Charlie were idiots blinded by greed. People blaming him for LTC dumping with the rest of the market are even bigger idiots

>10097188
>Why was Litecoin important?
Mostly because it existed on the normie crypto gateway (Coinbase) and it was 'cheaper' to buy than the others if you just looked at cost per coin. It's also been around longer so that gives it legitimacy even though it's essentially a minorly improved Bitcoin

>>10097220
eh, ok?

>>10097219
Why would anyone pay for it $1000 in the future? What's so special about it? What does it DO?

>>10097229
Whoops accidentally deleted a > sign >>10097188

>>10097230
it was, but charlie found a coin that did what his did, but better. he dumped all his LTC and bought NANO. he is holding until coinbase adds it. now that the wallets are out and it has hardware wallet support, it's just a matter of time

>>10097229
so it was important because it was one of the earlier cryptos?

how did it improve bitcoin?

>>10097158
this chink lost all his money with nano

>>10097174
>>10097254
Shoo shoo NANO shill, take your shit coins and your rookie coding team with you

>>10097158
>2nd most important crypto of all time
>litecoin
lol

>>10097279
lulz, just one of my holds. it actually does what most people think crypto is - fast transactions and it does that right now.

>>10097188
it was (is) the number one arbitrage coin because of speed and low tx-fees

>>10097342
alright, but feels like Bitcoin Cash has solved those two issues and basically made litecoin obsolete. though there's some way left until 0-conf is fully secure to accept

>>10097188
it isn't at all. There is literally no need for LTC if Bitcoin's scaling works out.

>>10097342
I use XRP cause its way more stable aand has way more liquidity

>>10097445
have no confidence in Lightning Network myself but maybe they can fix it

>>10097342
XRP and XLM are much more practical for that. LTC is literally good for nothing, I encourage someone to prove me wrong.

>>10097420
that picture - > my sides

>>10097477
They bother require you to lock up some coins in order to have a wallet.

Fuck off bear fags the whole market follows Bitcoin. Charlie has no power.

>>10097158
https://www.youtube.com/watch?v=jqaxVi_k610

>>10097158
It's a bitcoin test bed

>>10097220
Found the boomer

>>10097420
Yeah the fork centralized scamcoin that leeches of bitcoins name is solving a lot.

>>10098009
i could try to convince you but sounds like you've made up your mind

litecoin is one of the shittiest shitcoins in the top 100

>>10098076
I don't think that can possibly be said when EOS, IOTA, TRON, NEO, ETC and OMG are all in the top 20

>>10098076
>>10098114
Don't forget DASH, BTG and ZCash

>>10097174
>tfw they add nano and within 4 hours there is already a security issue with the wallet/exchange

>>10098114
>>10098607
so many with heavy bags. glad i'm out and sitting pretty in newer alts waiting for the next wave

>>10098632
well memed sir

>>10098644
>i'm out and sitting pretty in newer alts waiting for the next wave

It's honestly the best idea you can have. Current alts will likely never reach their ATH again and just slowly die out before being replaced by the new hotness when the bull market starts up again in a couple years

>>10098664
(Also NANO isn't one of those coins that will go up next bull market since it already peaked)