/biz/ - Business & Finance

>>25252062
This is the thinking man's coin. I wish I stacked more earlier this year but it's not too late still!

>>25252062
>>25252218

Based fellow LiteChads. Bought 60 of these a couple days ago. Whats your predictions for this cylce?

When to buy?

got a nice bag since $52. not looking to sell until .015

>>25252062
It literally just follow BTC

LTC will never 10x because BTC cannot even 5x

>>25252062
I just put all of my ETH into LTC today. I agree, it's currently way undervalued in sats and will easily 2-3x in the next few months. Probably the only alt I'm comfortable holding right now.

>>25253786
t. idiot.
LTC was $69 less than a month ago, and now it's $130

>>25253786
>BTC mcap $0.5t, LTC mcap $7b ($0.0007t)
yes completely out of the question, retard.

>>25252062

you're missing out that it s adding Mimble Wimble. Which will make it the only Top 5 Coin with Privacy baked in. Let me repeat that.

THE ONLY TOP 5 COIN WITH PRIVACY BAKED IN,

Monero is barely hanging on to it's #15 spot, once Mimble Wimble hits mainnet LTC will be Top 3.

What's the point of LTC when BTC is about to receive its upgrade which will basically solve all the problems LTC tried to solve? LTC is gonna be obsolete.

>>25255123
when mainnet mimby winbo

>>25252062
litcoin chad reporting in

>>25255155
im confused

isn't Bitcoin Cash & Bitcoin SV the "upgraded" versions of Bitcoin because Bitcoin Core (BTC) didn't want to upgrade?

>>25255155
What upgrade are you talking about?

Thanks anon, literally just bought $2k worth. The second coin I've owned other than link.

>>25255389
>>25255123
>>25254016
>>25255575
Price predictions for this cycle bros?

>>25255123
>THE ONLY TOP 5 COIN WITH PRIVACY BAKED IN
Mimblewimble has fundamental privacy flaws due to its linkability. It's better than nothing for sure, but it's not going to replace monero for cases where privacy actually matters. Additionally, mimblewimble is going to be a litecoin sidechain solution. It's going to suffer the same death as lightning for bitcoin because of difficulty of use and decreased anonymity set.

>>25255469
>>25255562
https://medium.com/coinmonks/bitcoin-update-scrounger-and-taproot-now-in-code-c55480ad8dbb

>>25255663
It has a pretty consistent market cycle and appears to be at a local low. Here's a rough prediction of what I think will happen over the next year or three. I expect roughly a 4x against Bitcoin.

>>25255903
>peak at end of 2022

but wont altseason be start/mid 2021?

>>25256080
Actually that prediction is bad, it will probably peak a lot sooner based on what's happened in previous cycles. But the range is still about right.

>>25255903
this. also pic related is fud now so yeah.

>>25255903
this is fud

>THIS is the real chart

>>25256157
Used to have the flashing gif version. Expecting at least $3-4K now though, so it'll need some updating.

Got 0.3 litcoin, Will i make it?

>>25255740

I've thought about this a lot and I'm not an XMR Fudder it was my biggest stack for a while there, but Ring Signatures are garbage, even the people working on them admit they are garbage (watch the Breaking Monero series).

The only reason XMR is the king of Privacy is because it has the biggest Anonymity Set, meaning that if you use XMR the number of people that you are "hiding among" is the largest, and this is almost exclusively due to XMR's first mover advantage of having privacy BY DEFAULT (ZEC is opt in which lead to it getting totally cucked by Chainalysis).

..however...

While Ring Signatures (adding 11 dummy sender signatures on every transaction) DO have your REAL signature in clear on the chain, it just jumbles it in with a bunch of others, that means that there ARE probabilistic attacks you can do, ESPECIALLY if you couple it with a timing attack, nothing that would hold up in court, but enough to narrow the list of possible real senders significantly, in other words, enough could be gained from XMR to look more closely at a number of individuals, but not to convict them of anything per se.

MW on the other hand, gives you FULL anonymity within the entire userset, so probabalistic attacks are completely out of the question, and it becomes ALL about the timing attack, which is MWs Achilles heel. But think about what a timing attack really is. You have some way of monitoring data from both the sender and receiver while the transactions are made. Which means that as long as you taking the usual precautions (TOR over trusted VPN from outside 14 eyes, on secure OS etc), the only way that a timing attack is possible is if your adversary is already actively investigating you, which in the case of most people means you have already been pwned.

So in my mind the argument that MW is worse because it is worse off to timing attack is invalid because in order to be the subject of a timing attack you basically need to already be compromised.

>>25256527

(cont.)

There also is a way around certain kinds o of timing attacks, depending on where in the chain you are getting sniffed, by using something like I2P with the highest possible security settings (causes random delays in packet transfers).

Also Ring Signatures are just stupid when it comes to scalability, since all the dummy transactions all need to be stored on chain.

I'm not sure what to think about RandomX, on one hand I love that it's the most decentralized Algo, on the other I have become more and more persuaded by the arguments that PoW needs to maximize profitability in order to assure security, there are folks like the Nervos guys who literally made sure their algo was as ASIC-friendly as possible.

Also a certain amount of centralization isn't the worst thing on these projects, so long as the code itself remains open.

Long term my money is on LTC, although I am fully excepting an XMR moon soon, especially after Atomic Swaps are finished (look what Mimble Wimble Coin did after their Atomic Swaps came out).

>>25255155
It solves the "doesn't have 5% of the total supply in the hands of an unknown person or people" and "possibly another 20% total supply lost forever" problems.

>>25256769
20% of the total supply being lost is a good thing anon.

>>25256455

How does 10 x 10^10000000000000000000000 sound?

Based and checkem

>>25256527
>>25256695

The thing is privacy by default people value ALOT more than people think, it is very easy for people to scrutinize transaction and say start banning private transactions. I agree that LTC will have the largest anonymity set, but monero isn't going to settle for the current tx protocol. Look up DLSAG, Omniring and Ring CT 3.0. The thing about monero is the devs can adapt it to new stuff alot faster than some of the top 10 coins currently.

For what its worth, I accept crypto payments on my online store, and although few use it, the ones who do almost exclusively use LTC. Some pay with USDT, but only during non-peak hours because of eth gas fees. Do what you want with this information

Just sold 2k xrp for 4 ltc
did i do good?

>>25257899
No because you should have done that a month ago. yes because only a retard would still be holding XRP right now.

>>25257899
atleast you got rid of the XRP

>>25257899
doubles confirmed goodness

Velvet fork with cardano. What does that mean? Idk but sounds dank