/biz/ - Business & Finance

[Anonymous No.13614647]

Why do these coins exist? Redpill me on LTC.

[Anonymous No.13614663]

>>13614647
to convert your bitcoins into charlie lee's bitcoins

[Anonymous No.13614666]

>>13614647
poor man's nano

[Anonymous No.13614668]

>>13614647
It shouldn’t...not anymore. LTC is a test net for btc and now that they work with token pay then killed their own coin.

[Anonymous No.13614690]

>>13614663

>to convert your bitcoins into <insert founder>'s bitcoins

Pretty much the point of every crypto project. Imagine what the market would look like if for 10 years people hadn't sold their Bitcoins for shitcoins which the founders/ceo/scammer doesn't dump to cash out and become rich

[Anonymous No.13614716]

>>13614666
Nano is ~$1.50 Ltc is ~$85. Are you shit eating mongoloid?

[Anonymous No.13615094]

JUST HODŁ XD

[Anonymous No.13615095]

>>13614647
Litecoin will unironically make it , it uses the same game theory than btc and is old enough and has not been taken serious for so much time than there is not whales there.

Once it reaches the point of having low inflation as btc will next year it will become insanely valuable too simply because it´s game theory.

[Anonymous No.13615646]

>>13614663
This. Charlie Lee doesn't even try to hide it. He's a Bitcoin maximalist who created "Bitcoin Lite" as a side project to get some more Bitcoins.

People buying his bags are retarded

[Anonymous No.13615655]

>>13615646
"biz retards criticizing a coin" is a strong buy signal

[Anonymous No.13615660]

>>13614647
It's from a time when an alt only needed the most pathetic of memes to justify itself so people took "The silver to bitcoin's gold" seriously, even though that's a historical argument that doesn't make any sense at all.

[Anonymous No.13615679]

>>13615660
> old and new coins don't do shit
> doge got abandoned by developers in 2015 and still has pumps
> link is for gay people

[Anonymous No.13615702]

>>13615679
I'm not saying it won't pump nicely, I'll probably try to swing some LTC myself at some point.

[Anonymous No.13615715]

Xmr and maybe eth are the only coins that should exist.

[Anonymous No.13615718]

>>13615702
Ltc is a consolidated coin in the top10 right now, so it will pump if market pumps, no matter the cuckpapers.

[Anonymous No.13615739]

Unironically, the Bitcoin space is led by successively diminishing speculation and non-expertise.

From smart contracts, to DAGs, to security tokens, etc., those are the keywords that try to spark recurring interest. At first (till 2016, say), you had very bad projects that were merely forks of bitcoin and not much was required to stand out. Litecoin was one of the coins that tried stuff that worked and Bitcoin eventually did them too - but of course it itself is useless (since years) given how the good parts have reflected back into Bitcoin and even newer projects.

[Anonymous No.13615758]

Unironically one of the most solid holds in crypto second only to bitcoin. I really don’t understand the irrational hate it gets on here considering it always performs better than bitcoin when there’s a run.

[Anonymous No.13615762]

Here's 6 years to this days - the time when the direct bitcoin forks were the only things going on. Only Litecoin stuck.

[Anonymous No.13615775]

>>13615758
It doesn't do anything, lee is gook... reeeeee

[Anonymous No.13615788]

>>13615775
Basically the only fud these retards can come up with

[Anonymous No.13615792]

>>13615762
How do I avoid buying the namecoin,peercoin,feathercoins, etc. of today?

[Anonymous No.13615800]

>>13615718
In dollars. Trickier for me to swing an LTC/BTC pump since I haven't paid attention to the market in over a year and am rusty.

In satoshis LTC pumps hard but also falls hard just as quickly. I'm just saying I'm interested in watching it awhile before attempting to swing it for more BTC, but I don't believe in LTC anymore than its creator does.

[Anonymous No.13615805]

>>13615758
Realistically speaking, it only did a 30x in 7 years. Ethereum did a 200x on the market and 600x since ICO.
It's about as good as Bitcoin if you just want to ride along the blockchain wave, but at all times, people were and are still asking why exactly it's there.

[Anonymous No.13615814]

>>13615792
Ignore /biz/'s shitcoin of the week threads

[Anonymous No.13615819]

>>13615788
Pathetic morons, and link holders (the only thing link does is making people gay)

[Anonymous No.13615826]

>>13615805
Less risk than some “proof of stake” gamble with an unlimited supply

[Anonymous No.13615836]

>>13615792
I think if alt frenzy is to truly start up again like it did in 2017, then it's probably a safe assumption that most of the big meme coins from 2017 won't perform like they did previously. Aside from a few top coins like ltc and eth, I'd look for shinier coins that didn't even exist in the last bull run. Dumb crypto market investors like shininess.

[Anonymous No.13615850]

>>13615788
I really want to know what any coin 'does' though?
Besides privacy coins or platforms, sure. But bitcoin, ripple etc dont do anything either, it's a baseless argument.

[Anonymous No.13615861]

>>13615800
If you are a BTC maximalist, ok, maybe you're right, if you are some pathetic shitcoin holder, you're wrong.

[Anonymous No.13615862]

>>13615805
Hehe nice pic. Truth+kitty is cute

[Anonymous No.13615863]

>>13615850
If you must require a use case, then know that it is used in 30% of all transactions on the darkweb

[Anonymous No.13615874]

>>13615792
>tfw wennt all in on Namecoin this morning

[Anonymous No.13615884]

>>13615862

[Anonymous No.13615887]

>>13615861
Yes I'm a maximalist, bought BTC in the 200s

[Anonymous No.13615945]

>>13615887
The situation is changing every week, but i don't think markets understood or actually care about projects, maybe they will do in the future, maybe not.
At the moment BTC is the leader, the asset every normie knows, and it's a good thing.
LTC as its close and oldest clone, will follow it.

[Anonymous No.13615948]

>>13615863
I was agreeing with you, just wondering what the ltc haters expect it to 'do'?
Dishes? Laundry? I dont get it... What does btc 'do'?

[Anonymous No.13616178]

>>13615948
This question always ends these threads. C'mon faggots, if you have a legit argument name something specific.
Protip: you can't

[Anonymous No.13616201]

>>13616178
What exactly do you want? I gave you a use case and you said you agreed with me. Yet you're still arguing. Are you autistic?

[Anonymous No.13616222]

>>13614647
>Redpill me on LTC
Here Goes:
LTC:
>copy+paste BTC, do no development whatsoever, only change consensus algo
>Greg Maxwell writes a GPU miner for LTC, shares with nobody, gets half the circulating supply for himself
>Scammer creator gets his bro to list it on coinbase, dumps at ath
>Biggest technological advancement is that they'll start copy+pasting code from GRIN as well as BTC, lmfao
BCH:
>The entire early bitcoin community left the infiltrated BTC for BCH
>This includes billionaires such as Roger and Jihan, as well as dozens of others who prefer their privacy. But they're all investing in the ecosystem
>The best scientists Bitcoin ever had stuck to BCH, actual scaling is happening
>Even tokens are now on BCH and the first few ones were moon missions (biz missed them)
>More merchants in East Asia accept BCH than BTC now, the trend will only become more and more pronounced
>Even got Schnorr signatures before BTC, lmfao
>Solid devs, no infinite inflation bugs like BTC retards
>Every shitcoiner is afraid of it, so they have to call its biggest holders scammers, but the biggest holders are actually the greatest selfless philanthropists of our time

[Anonymous No.13616263]

>>13615805
What are you talking about? The chart says minimal was 0.98$, and ATH was 370$.

[Anonymous No.13616290]

>>13616222
Bcashiers still lost and arrogant as ever I see, you're just the new linkies

[Anonymous No.13616298]

>>13616201
I agreed with you, you told me what litecoin does, its use case. Which is not what I'm asking you autistic mongoloid.
I'm asking the anti-ltc sheep who bleet 'it doesn't do anything' what other coins do that litecoin doesn't.

[Anonymous No.13616307]

>>13616263
I was speaking about the general initial price and the current price.

Yes, I didn't mean the situation where you bought at exact minimum and then went back in time to sell at the ATH.

[Anonymous No.13616328]

Litecoin is the real Bitcoin Cash.
This will trigger Cashies but it’s true.

[Anonymous No.13616359]

>>13616222
Check those trips, beta faggots

[Anonymous No.13616376]

>>13615646
but I'm up almost 200% on ltc

[Anonymous No.13616421]

>>13616307
Who cares what price swings were at the start? Litecoin didn't have ICO where the price is hardcoded.

[Anonymous No.13616441]

>>13616376
How many coins do you have?

[Anonymous No.13616605]

>>13614690
how will i make more bitcoin without other coins?

[Anonymous No.13616655]

>>13615655
This + green id

[Anonymous No.13616874]

>>13615646
>mfw I'm up 300% on the year
>mfw its all litecoin trades
>mfw reading this retards post

fucking kek. never gonna make it. its not about the technology you retards

[Anonymous No.13616885]

>>13616874
what's your stat, I haven't been paying attention for over a year.

[Anonymous No.13616903]

>>13616885
*strategy

[Anonymous No.13616963]

>>13615095
I will 110% back this anon's post. LTCs success does not come from technology or speed, it is absolutely game theory and LTC will unironically hit $1000 next bull run. Guys, you need to see past the bullshit and investigate deeper LTCs current situation. Charlie Lee is a dumbass, but he's fucking based and he will make this coin insanely successful

[Anonymous No.13617005]

>>13616963
Got any good reading links if I did want to read more into the current situation?

[Anonymous No.13617079]

dash vs ltc
https://youtu.be/D1tw4VqZIzU?t=144

[Anonymous No.13617215]

>>13614716
I mean you’re kinda right but you still sound really misinformed. What is, supply?

[Anonymous No.13617240]

>>13616874
This

[Anonymous No.13617244]

>>13614716
>Nano
Pre-mined, whale controlled supply, criminal devs, centralized, no benefit over other "fast and feeless" coins.

[Anonymous No.13617259]

>>13615863

Source that that claim, pls anon?

[Anonymous No.13617278]

>>13617259
I'm not gonna spoonfeed you, there's been several articles published on this

[Anonymous No.13617584]

>>13617278

I was doing some reading, and that pdf...

The traced the demixed accounts, after seizing the addresses.

It wasn't that they demixed the account, to find the people. They found them due to linking their social media profile, to their darknet aliases.

So, mixing works for it's intended purpose. Noone has been tracked due to mixing, to my knowledge.

[Anonymous No.13617625]

>>13617278

BTC and Monero are what's being used, according to this report...

https://cryptovest.com/features/cryptocurrency-usage-in-dark-web-and-underground-markets-cryptovest-investigates/

[Anonymous No.13617671]

>>13617625
Do you know how to google? Just type “litecoin dark web” and read

[Anonymous No.13617691]

>>13617625
"litecoin dark web"

[Anonymous No.13617866]

>>13614647

It's basically bitcoin but not managed by corrupt idiots with banking ties. It has a higher number of coins, faster transactions, newer features and it's just basically bitcoin++ while still retaining all the good things that made bitcoin potentially good money.

Guess what bitcoin and litecoin are missing? Fungibility. What's the number 1 priority of Charlie Lee right now, the man who quit his lucrative job "because he wanted to make sound money"? Fungibility.

The reasons why I believe LTC will outperform other altcoins
>single focus, it tries to be money and nothing else
>the people working on it are good people who love what they do and want to deliver a solid coin
>they have experience
>they understand money

I know I could probably earn more money trading shitcoins, but I don't want the stress. LTC is one of those coins that will guaranteed do well over time and you don't have to worry about your savings disappearing overnight. Yes it will swing, but the project will not be abandoned or turn out to be a scam.

It's one of the oldest coins too.