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/biz/ - Business & Finance

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11590077 No.11590077 [Reply] [Original]

Why is this a bad investment?

>> No.11590087

because you want to stay poor

>> No.11590114

>>11590077
LN succeeds = Liecoin is replaced
LN fails = Liecoin will have the same scaling problems as Bitcoin

>> No.11590120

>>11590077
it's the best hedge against an asic miners fuckup

>> No.11590129

because it's a garbage scam fork of btc without any improvements

>> No.11590134

Litecoin is one of the only (or the only??) alts to feature in the 2013 AND 2017 bullruns. It will be around for the next one, too - along with ETH and maybe a few others at most.

>> No.11590136

>>11590114
So what buy for long term profits? What can I see 10× in a year or so?

>> No.11590162

>>11590136
Dunno, am no genius or a prophet. But judging by the crypto space right now, if the whole crypto market does a 10x then even shitcoins like LTC will probably do a 10x as well.

>> No.11590232

>>11590136
Nexus, if it delivers.

>> No.11590262

>>11590077
>2 words
>digital silver

>> No.11590499

its going back to ten dollars

>> No.11590514

>>11590077
dunno but it burned me twice so i'm not touching that shitcoin again!

>> No.11590656
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11590656

>>11590077
Do not buy this coin when it is over 50 dollars. It will get back to 300/400 but not for a few years.

>> No.11590689

Why would you buy part of the bitcoin test net when you can buy 1% of a bitcoin for about the same price...

>> No.11591220

>>11590134
This...

>> No.11591300

>>11590077
Original chink scam shitcoin. Charlie Lee dumped his bags on Normans at all time high and started shilling absolute scams like Litepay. Now this African chink has teamed up with the likes of Verge and Tokenpay. Litecoin supporters are just coping.

>> No.11591303

It's the largest Scrypt hashrate and Scrypt is in the top 3 or 4 algos in terms of cost to attack. If SHA-256 mining ever has a problem that is specific to it in some way, the most expensive to attack proof of work coin would be a good candidate take bitcoin's place.