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/biz/ - Business & Finance

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File: 1.38 MB, 1424x1899, 20210220_151438.jpg [View same] [iqdb] [saucenao] [google]
29353444 No.29353444 [Reply] [Original]

>What is Litecoin?
https://litecoin.org/

Litecoin (LTC) is an open source peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin (BTC)

>How is Litecoin different to Bitcoin?
https://litecoin.info/index.php/Comparison_between_Litecoin_and_Bitcoin

One way to view Litecoin is as silver to Bitcoin's gold, in that it is a relatively less valuable cryptocurrency that is easier to obtain and transact with

Litecoin uses scrypt instead of SHA256 for proof of work
Total amount of LTC is 4 times the total amount of BTC
Transactions are 4 times faster than with Bitcoin

>Why invest in Litecoin?
https://litecoin-foundation.org/the-case-for-litecoin/

Litecoin, one of the oldest cryptocurrencies, has proven itself a reliable and secure money with the advantages of name-recognition and high liquidity (available on almost all exchanges), consistently ranking in the top 4 in trading volume. It’s also the second most available coin in cryptocurrency ATM’s. Bitcoin continues to be the ‘gold standard’, but Litecoin has proven itself the silver to Bitcoin’s gold. According to Coinbase’s metrics, Litecoin’s price is 98% correlated to Bitcoin’s

>What's new with Litecoin?

https://decrypt.co/57876/why-litecoins-charlie-lee-hates-to-be-compared-to-elon-musk
https://news.bitcoin.com/litecoin-attempts-to-redeem-its-original-sin-as-ltc-markets-gain-momentum/
https://www.fxstreet.com/amp/cryptocurrencies/news/litecoin-price-prediction-ltc-faces-just-one-key-resistance-level-before-new-high-to-280-202102151627
https://cointelegraph.com/news/record-584m-litecoin-futures-open-interest-signals-institutional-inflow

>Support /LTC/ - Litecoin General

>> No.29353514

>>29353444
Litecoin*

>> No.29353549

I sold your shitty coin and bought myself some BTC.
Fuck you all for making me buy this boomer ass waste of space.

>> No.29353578
File: 309 KB, 1439x771, Screenshot_20210220-142429_DuckDuckGo.jpg [View same] [iqdb] [saucenao] [google]
29353578

I fucked Up. Pic related

>> No.29353655
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29353655

>>29353549
Chill out, Bud. Boomers does spend a lot on this shitcoin

>> No.29354591

I bought 6 yesterday and gonna buy 2 more during this dip to round to 10

>> No.29354743

>>29353578
Well be there again in couple days

>> No.29354791
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29354791

>>29354743
The shill doesn't work this time, Dale

>> No.29354954
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29354954

>>29354591
The shill doesn't work

>> No.29355322

im a retard trying to figure out how some of this shit works. i fomo'd into ltc yesterday, but since im a pajeet i went on kraken and did it on margin with bitcoin. so i was trading xbt/ltc. but then i realized, wait what if bitcoin rises too? does that mean my gains lower because i was using bitcoin as the currency pair instead of usd? i get currency pairs, and then i get margin trading, but then you put them together and i get confused.

>> No.29355415

>>29354791
Social media was a mistake

>> No.29355745
File: 955 KB, 1440x2960, Screenshot_20210221-232942_DuckDuckGo.jpg [View same] [iqdb] [saucenao] [google]
29355745

>>29355415
For sure, especially, when you get a tattoo like this

>> No.29355798
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29355798

>>29354791
is this real?

jesus christ it really is over isn't it.

>> No.29355863

>>29355322
Dude, if you are panjeet, just buy and hold. No need to be fancy

>> No.29355987

>>29355798
Real as fuck, see >>29354954

>> No.29356101

>>29355987
kek I'm dumping all the crypto I have

>> No.29356164

>>29353444
this is and always has been a newfag trap. LTC was around $95 in 2017, its worthless

>> No.29356185

>>29353444
checkd and based

>> No.29356291

>>29356164
No, trips speak the truth. It is worth 0.01 BTC minimum

>> No.29356312

>>29353514
ngmi

>> No.29356426

Today is the day litebros

>> No.29356683

You can almost smell how btc is begging ltc to not moon

>> No.29356730
File: 66 KB, 1573x1098, hot garbage.png [View same] [iqdb] [saucenao] [google]
29356730

>>29356291
the ONLY reason it's ever been even relevant is because it's old as fuck and newfags think it's the silver to the gold that is bitcoin

you're telling me that after 4 years it's barely been able to do a 2x and has zero interesting or new tech attached to it and it's going to stay in 3rd place? this thing is dying and rightfully so, it tightly moves with BTC, but that's the only reason it even has appeal, it's a really dumb hold and no one should invest any money into this. Put it into BTC at least if not ETH.

the arguments made for LTC are all based around BTC being used as a means of transaction, (4x fast than BTC!!! Wow!) which it isn't even used for anymore, it's ancient and a mediocre solution to a problem that's been fixed by multiple new networks, do some research guys, this thing is garbage.

>> No.29356744
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29356744

>>29356312
I don't feel so good, boomerbro. I think I should switch to Butcorn or something

>> No.29356866

>>29356426
$220 stable coin?

>> No.29356924

DigiByte does everything LTC does but better, and then some.

It's still worth less than the dirt on your shoe at the moment too, so if you're going to buy LTC just get some DGB instead. You'll get far more out of it in the long run.

>> No.29357032
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29357032

>>29356924
Does DGB have good memes too? Pic related

>> No.29357098
File: 67 KB, 1562x1081, btc.png [View same] [iqdb] [saucenao] [google]
29357098

>>29356730
meanwhile BTC has done a 10,000x and gotten significant institutional investment as a secure store of value. LTC rides on the coattails BTC's success and nothing more. It offers nothing new or noteworthy at all, you're better off going with any of the other shitcoins regularly shilled on /biz/. I'm telling you, it's a newfag trap, and always has been. The quality of discussion in these threads just goes to show exactly that.

>> No.29357143

>>29357032
you've got to be kidding, right

>> No.29357175

>>29356924
Look at that supply dude! So cool to hold 500000000000000000000000000 dgb

>> No.29357207

>>29357032
Just sold all my ltc

>> No.29357228

>>29355798
hes jewish if it makes you feel any better

>> No.29357271
File: 1.82 MB, 1421x1795, Screenshot_20210220-150158_Gallery.jpg [View same] [iqdb] [saucenao] [google]
29357271

>>29357143
>Kidding
Does pic related look like a joke to you?

>> No.29357300

>>29357271
kek, yes

>> No.29357358

>>29353514
lmao just noticed this. well done OP.

>> No.29357413

>>29357032

I haven't even seen anyone else here mention it in passing and I''m an ultra-poorfag so don't have anything to make decent memes with.

I thought I was going full schizo imagining its existence for a while. But it actually amazes me that DGB isn't even $1 yet.

>> No.29357432

>>29357358
Its joke, how autistic can u get?

>> No.29357490

>>29357432
bro it's in 3rd place because people unironically buy it, its not like theyre joking when they do

have you not seen the legitimate LTC threads on here before?

>> No.29357491

>>29357413
Marketing worth more than the tech, anon. Just remember that

>> No.29357542

>>29357490
Yah yah institutions like greyscale like ltc

>> No.29357665
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29357665

>>29357300
What about pic related? Does it look serious now?

>> No.29357722

Are there any serious fud about ltc really? I cant think of any

>> No.29357819
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29357819

>>29357542
The lord of boomer's coin

>> No.29357863

>>29357819
Great fud! ITS BEEN AROUND SO LONG SO ITS BOOMER XD DONT BUY BOOMER COIN

>> No.29357910
File: 2.31 MB, 1536x1152, HODL Lite.png [View same] [iqdb] [saucenao] [google]
29357910

>>29357722
It's the same old meme. Chinky Lee domp it. No development. Abandonedware.

>> No.29358187
File: 1.03 MB, 1653x1239, 20180802_233100.jpg [View same] [iqdb] [saucenao] [google]
29358187

>>29357863
Well, Zoomers are all about pump and dump coins so this isn't their alley

>> No.29358340

>>29357910
Chinky is still very much involved in ltc, its his child.
LTC foundation is developing it as we speak, including many others.
It will have privacy upgrade soon.

>> No.29358463
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29358463

>>29356730
slow and steady wins the race my friend.

>> No.29358776

>>29357665
shit man you're right how did I not see this before, LTC is best coin BTC btfo eternally

>> No.29359730

>>29358776
they can co exist brainlet

>> No.29359976

>>29357098
You hold nano don't you? Nanofags absolutely seethe at Bitcoin and it's clones wondering why their coin with amazing tech isn't more widely adopted.
>The quality of discussion in these threads just goes to show exactly that.
There is good info here even not about Litecoin sometimes. What discussions are you expecting? Moon prices and memes like the other shitcoins got? We got that here to kek.

>> No.29360307
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29360307

>>29356924
I hold both. Fuck off with this "buy this coin only" mentality, not only 1 currency coin will be used. I like DGB but it needs to get more exposure and on more exchanges.

>> No.29360664

What would you do if 5,000 LTC was accidently sent to your wallet.

>> No.29360766

>>29360664
the keks would be earthshattering

>> No.29361545

>>29360664
Sell half give half back?