/LTC/ - Litecoin General: Big in Japan Edition

[Anonymous No.29683125]

>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

Litecoin is a relatively less expensive cryptocurrency that is easier to obtain and transact with

LTC 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 BTC

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

Litecoin is a reliable and secure money with name-recognition and high liquidity (available on almost all exchanges), consistently ranking in the top 4 in trading volume, and second most available in cryptocurrency ATM’s. While Bitcoin continues to be the ‘gold standard’, Litecoin has proven itself silver to Bitcoin’s gold

>Upcoming Litecoin developments

Mimblewimble Extension Blocks (MWEB)
https://litecoin-foundation.org/the-battle-for-sound-money/

MW is a combination of technologies including “Confidential Transactions” (hides transaction amounts) and “CoinJoin” (a “coin mixer”)

Flare Networks Litecoin Integration (FLTC)
https://blog.flare.xyz/integrating-litecoin-flare-recap/

LTC will be integrated as an F-Asset with full Ethereum style smart contracts on the Flare Network

Litecoin on Paypal, Venmo
https://newsroom.paypal-corp.com/2020-10-21-PayPal-Launches-New-Service-Enabling-Users-to-Buy-Hold-and-Sell-Cryptocurrency

Beginning early 2021, customers may use LTC to pay at PayPal's 26 million merchants

>Support /LTC/ - Litecoin General

LXuaviiX9VfGrhNqNbUfrKB8o4vjt9CxMm

[Anonymous No.29683434]

[Anonymous No.29683786]

>>29683434
oh fuck no, plz not rubic

[Anonymous No.29683996]

Litecoin is bad for the environment and should be banned and everyone that uses it should go to jail

[Anonymous No.29684028]

>>29683786
i'm entirely ignorant of rubic, apart from being sick of the shill threads, but other anons have noticed the similarity too. maybe we need to learn about it

[Anonymous No.29684339]

Original-Lite bro is that you?

[Anonymous No.29684448]

why did charlie say the scaling debate is behind us?
>Fungibility is the only property of sound money that is missing from Bitcoin & Litecoin. Now that the scaling debate is behind us, the next battleground will be on fungibility and privacy.

[Anonymous No.29684455]

>>29684028
From day one it's been called a pajeet scam and I don't blame em. Why would anyone buy a new coin nowadays? Guys find one coin then make another tomorrow

[Anonymous No.29684941]

>>29684455
>Why would anyone buy a new coin nowadays?
giving this a rethink myself. as much as we know infinitely more than normies, serious crypto development technicians know even infinitely squared more than we ever will. those guys are aware of problems, solutions, and innovations that are unlikely to ever cross our radar, and so it pays for them to keep abreast of new technology and new coins and stay on the cutting edge. admittedly there are few coins worthy of such attention, but my point being is we're unlikely to know where the value is until long after the real wizards have spotted it. and so perhaps charlie lee's next idea after MWEB is something to do with sushi or rubic, who are we to know

[Anonymous No.29685328]

>>29684941
Yeah I get you there always has to be new, more efficient and better product all the time. That's how the game works but thing I'm talking about is shit like sushi coin cookie coin asshole coin whatever It's retarded

[Anonymous No.29685558]

The ol' ball and chain says if my litecoin stock does well I can get new headers for the 'stang. *Cracks*

Sent from my iPhone 3 using Tapatalk

[Anonymous No.29685768]

>>29685328
agreed. still up for interpretation. could be "Litecoin and Bank of Japan" or a reference to the BOJ's recent advances to their central bank digital currency, which is bullish for crypto, in my view, or "Litecoin lending on SushiSwap" or other such DeFi trash

[Anonymous No.29686593]

anons, i need to know ...

does Elon Musk reaaaaaally not know about Litecoin?
why hasn't Elon every spoken about LTC? why no tweets?

[Anonymous No.29686750]

>>29686593
Qoomer....

[Anonymous No.29686995]

>>29684448
I mean wouldn’t you agree about who wins when it comes to scaling? LTC can actually scale, BTC cannot scale. It is not highly fungible.

[Anonymous No.29687088]

Guys... The coin...

[Anonymous No.29687370]

How to get into cryptocurrency for a guy in 3rd world?
Any recommended wallet?

[Anonymous No.29687642]

Hey frens, how are you all holding up? I accumulated significantly more Ł in the last week, threw in 2k at 163 and i'm pretty pleased about that. This is the comfiest asset to hold.

[Anonymous No.29689141]

https://seekingalpha.com/news/3666459-ebang-international-gains-17-on-plans-to-launch-ltc-and-dogecoin-mining-business

[Anonymous No.29689304]

>>29686995
neither of them can scale retard, ltc is a tradeoff: faster txs but higher node requirements(aids centralization)

[Anonymous No.29689525]

>>29689304
adding to that: when satoj made btc he wrote in his whitepaper "bro, idk how to scale this shit, but the hardware will get progressively better, so its probably gona be fine". its not fine

[Anonymous No.29690503]

i like how LTC is holding up vs. BTC right now.

[Anonymous No.29690667]

>>29689141

[Anonymous No.29691337]

>>29690503
Yeah I’m glad for that too. Just invested in it this dip because privacy features are everything imo. Monero and LTC are going to be hugely important in the coming years. Especially if LTC can match Monero in privacy.

[Anonymous No.29691599]

>>29691337

How does one even buy Monero? I've given up on link because it seemed to go nowhere despite promising the world. LTC seems a reasonably good investment long term...

[Anonymous No.29691651]

>>29690503
Its time.

[Anonymous No.29691906]

I know something. It is time. Get the fuck in.

[Anonymous No.29692066]

>>29691599
Monero is hard to buy precisely because many exchanges don’t want to hold it as it’s a dark web coin. But privacy also allows you to have total freedom over your money and no one can see/tax what you do. Truly the real intent of crypto currency. Basically solves our privacy problem in the modern world. It used to be that you could own assets but because you weren’t watched from every angle, your assets could be private if you wanted them to be.

[Anonymous No.29692154]

sirs, i am asking you once again:

pls do the needful

>ahem ... ahem ahem

now, gentlemen, that i have your attention,

i must ask the following ...

it is but a simple task, though of grave importance ...

what i need, from you, is this:

please convince me this isn't bullish

[Anonymous No.29692164]

>>29691906
I really don’t see how we don’t see some healthy gains moving into March with privacy being released. I’m exited bros

[Anonymous No.29692276]

>>29692164
Privacy, PayPal and isn't there another company adding lite support as well?

[Anonymous No.29692282]

>>29692164
get in

[Anonymous No.29692290]

>>29692154
I just made a few posts down here about it. Read those lazy nigger

[Anonymous No.29692562]

>>29692164
>>29692290
truthfully, i'm in complete agreement with you

>please convince me this isn't bullish
the above being an impossible task

because we're gonna fucking moon soon

[Anonymous No.29694193]

>Our Lady of the Lite, deliver us from this dip, and grant your Liteknights the strength to hodl all the way to moon

[Anonymous No.29695395]

Keep Rollin Rollin Rollin Rollin

WHAT!

*crack* sip

[Anonymous No.29695740]

>>29695395
Good memories to that song
Thx anon

[Anonymous No.29696340]

Get in. Last warning.

[Anonymous No.29696437]

>>29692164
Already priced in

[Anonymous No.29696462]

>>29696340
Way ahead of ya chief

[Anonymous No.29696861]

Give Litecoin your Energy! AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHH

[Anonymous No.29697345]

>>29696861
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

[Anonymous No.29697373]

AAAAAAAAAAAAA
AAAAAAAAAAAAA
AAAAAAAAAAAAA

[Anonymous No.29697407]

>>29690667
Here you go, Qoomer, bro. Solve it

[Anonymous No.29697412]

>>29696861
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAaaaaaaaa

But seriously how are we up so much? Usually we're in the trenches while bitcoin dumps but btc is falling super hard and we're still up? Is it our time bros?

[Anonymous No.29698214]

Reading coffee... I see green candles

[Anonymous No.29698274]

>>29683125
>Beginning early 2021, customers may use LTC to pay at PayPal's 26 million merchants

is there an ETA on this? has it already happened?

[Anonymous No.29698333]

>>29697412
Embrace it. It could very well be. We seem to be holding. And normies will see the price as the only green on paypal when they panic sell.
Up 9% eth is up one.

[Anonymous No.29698385]

>>29697412
Honestly, I got no idea... but I can't complain

[Anonymous No.29698479]

>>29698274
Not yet. I use paypal for direct deposit as well as crypto. Pretty convenient. I'll shill the hell out of it.
But not a sign of spending any crypto yet. Just buy/sell for now.

[Anonymous No.29698653]

>>29698479
i've been holding 30 since 2017, i was just praying this hasn't happened yet. when it does, it's gonna be a fucking wild ride. imagine using btc or eth over ltc for transactions

[Anonymous No.29698880]

>>29698653
That's why hodl. Maintain a safety net and only buy when you can. This is gonna be a major newfag coin when paypal rolls this out in the uk

[Anonymous No.29699326]

will mimblewimble cause ltc to flip the other privacy coins? or is it not as secure as something like monero or zcash?

[Anonymous No.29699861]

>>29697412
I know something...

[Anonymous No.29699873]

>>29699326
It will flip itself

[Anonymous No.29700066]

>>29699326
Yeah I want an answer for this too. If it matches Monero it’s a fucking huge one to hodl.

[Anonymous No.29700218]

>>29697407
i am just as curious as you are. that bank emoji is most intriguing. and the second one, i hope to god that isn't rubic. we'll never hear the last from pajeeters

third tweet is new to me. bank bull? lending bull? banking year of the ox? banks into crypto during this year of the ox? spitballing here

[Anonymous No.29700346]

Should I liquidate my current 25 AVAX for LTC??

[Anonymous No.29700517]

>>29687370
Binance.us

[Anonymous No.29700576]

>>29700346
Not unless it dips below 170

[Anonymous No.29700715]

>>29700576
Thank you wise anon.

[Anonymous No.29701145]

>>29700218
It may be as simple as you can buy sushi with your lil chinkcoin stonk, bullish af, yo.

LTC foundation does own a small bank in Weimar

[Anonymous No.29701513]

Eternal downtrend coin

[Anonymous No.29701574]

>>29701145
>It may be as simple as you can buy sushi with your lil chinkcoin stonk, bullish af, yo.
i did chuckle, thank you! could be he was simply placing his lunch order. bullish af

>LTC foundation does own a small bank in Weimar
glad you reminded me of this, one of those facts that's since been overshadowed
https://www.investopedia.com/news/litecoin-foundation-takes-stake-german-bank/

>>29701513
embrace the krab
>embrace the krab
embrace the krab
>embrace the krab

[Anonymous No.29702104]

>>29701513
were probably gonna retest my friends. btc falling to 42 - 32k this week and next. but after that its blast off

[Anonymous No.29702228]

>>29701574
>i did chuckle
Not using "kek". True boomer

So far, the only used case for that bank is to park Chinky Lee's $150M that he dumped on Litefags a few years back

[Anonymous No.29702437]

NO MY MONEY

[Anonymous No.29702838]

I’m putting 100 bucks into this and holding until 2040 whilst steadily adding more and more money every couple of months.
I expect I’ll be a millionaire by then.

[Anonymous No.29703007]

>>29702104
Good time to buy the dip when that happens you think?

[Anonymous No.29703189]

>>29700218
bank in india where they worship cows

[Anonymous No.29703235]

>>29701574
>>29702228
could it be litecoin foundation is gearing up to announce a serious entrance into the banking industry?
>Litecoin Foundation, the nonprofit associated with Litecoin, has acquired 9.9% of Germany’s WEG bank, opening the door for the cryptocurrency to become a part of mainstream banking.
>The stake in the German bank was originally acquired by TokenPay Swiss AG, a crypto-to-fiat payments startup. TokenPay passed it on as part of an agreement with the Litecoin Foundation.
>TokenPay has options to purchase the remaining 90% stake and plans to exercise them soon.
following the above logic, what's to keep TokenPay from passing complete ownership to LTC Foundation? interdasting indeed

>>29702838
>der 20yr hodler
my leige, i kneel

[Anonymous No.29703252]

We're falling but for how much btc is falling It's a good sign that we're still at 187. Any other time we would be sub 170. I think we will fall slowly for a little bit but i think we'll bounce back. Feeling good about this hold. definitely long term

[Anonymous No.29703848]

>>29703189
xenophobicly based. imagine 1.3 billion new customers. though pajeet gov recently proclaimed bitcoin currency non grata, curious

[Anonymous No.29704487]

>>29703252
ltc is actually up compared to most other top 10- alts

looking good

[Anonymous No.29704998]

i've got some cash parked in an automated market making ("yield farming") account on LVL, which gives me exposure to bitcoin price action. that account is now holding mostly bitcoin, and i don't like it

[Anonymous No.29705067]

>>29703235
Old nooz

[Anonymous No.29705838]

>>29700517
underrated

[Anonymous No.29706754]

*crack* boomies, whatchyu sippin on this fine evening? *sip* for me, it's this here badboy *buuuurp*

[Anonymous No.29707181]

>>29706754
Smoking and drinking
Bought in November. Holding 2.3 and just chilling.
Comfy hold. Regardless of pump n' dump

[Anonymous No.29707586]

>>29707181
>platinum
have we met in a previous thread?
>bought in november
you sir got yourself a fine price point. in fact, we may have rather similar basis prices. comfy hold indeed
freshen up that bowlio, sir. and as far as fire goes, may i suggest you begin using hemp wick? you'll taste less butane

[Anonymous No.29707740]

>>29703007
I have my buy limit at 140 but in my most wildest estimate it could flash crash to 80 and pump. in case you didnt notice I sold at 200 sorry buys. Bought in at 120 couldnt miss the gains.

[Anonymous No.29707988]

Can I stake my LTC bros? Somewhere safe? I'd love to make interest on my tiny stack that I'll never sell

[Anonymous No.29708159]

Why has LTC not hit its ATH from 2017?

[Anonymous No.29708221]

>>29707988
you could try blockfi. current apy on ltc is 6.5%, higher than btc which is at 6%

[Anonymous No.29708377]

>>29707586
>have we met in a previous thread?
Probably not anon. I graduated /b/ at 18 and moved on to other boards. Only recently have I found /fit/ and /biz/. And revolved my life around the 2.

[Anonymous No.29708530]

>>29708377
good on you. there's another anon in these LTC generals who enjoys a bud light platty. budweiser yes, platinum yes, bud light no

[Anonymous No.29708792]

Wait a second... BTC is dumping, but LTC is stable? What sorcery is this?

[Anonymous No.29708849]

>>29708530
I'm 30 now, but always a budweiser fan. No bl. Platinum goes down like sprite for me.
I used to love /alk/ threads. Now I'm embracing life.
No pussy this year. That's my main goal. Work on my $

[Anonymous No.29709009]

>>29708221
what's your experience with blockfi? looking into it myself, seems pretty guuuud. recommend?

>>29708849
>this is the way

[Anonymous No.29709066]

>>29708792
in case you havnt noticed were like 4 hour behind btc in this trending market.

[Anonymous No.29709240]

>>29697407
bull house (buying to invest)
blockchain
sushi house (swapping)

yeah I have no fucking clue what he's on about

[Anonymous No.29709258]

>>29703252
Disgusting /beg/ shit, work on your fundamentals, specially anatomy and line control

[Anonymous No.29709516]

Comfy

[Anonymous No.29710186]

>>29709066
If it really followed bitcoin I'd be atleast around 1k usd by now.

[Anonymous No.29710189]

>bought at 182 yesterday
>jerking off to @200+ prices earlier today because my portfolio reached ATH
>now i'm in red for the day
fuck me bros

[Anonymous No.29710393]

>>29709009
not much, i have a small amount of btc on there that was just sitting in a wallet for years, like only $150 worth. i've heard people say it's good but i can't attest personally

[Anonymous No.29711210]

FUUUUUUUUUUUUUUUCK
i should've sold earlier today, 10% in a day this was such a good trade
why can't I ever take profits and end up in the red goddamn it

[Anonymous No.29711587]

>>29710189
>>29711210
good, now hold until normies start buying lite

[Anonymous No.29711721]

It'll be back up sillies

[Anonymous No.29712085]

This coin has the best art hands down.

[Anonymous No.29712399]

>>29709516
This must be some real elaborate fud

[Anonymous No.29712816]

>>29711210
update: i was able to swing my stack and get 5 extra LTC on this dip
feeling very proud
194 LTC now, I wish I had exactly 200

[Anonymous No.29712888]

>>29712399
That's how my PayPal stats looked when I went to check. That's what normies see.

[Anonymous No.29712963]

>>29710393
thanks for info, i'm gonna give it a shot

[Anonymous No.29713103]

Not buying til 165

[Anonymous No.29713127]

>>29711210
Ey live and learn just take a sip while u wait for 300 next week

[Anonymous No.29713408]

>>29683434
Sushiswap?

[Anonymous No.29713475]

>>29713103
We will never dip below 170 again

[Anonymous No.29713561]

>>29713475
i have a lot of LTC but it looks like 120-150 could very much happen this weekend
look at BTC dumping

[Anonymous No.29713654]

>>29713561
Look at the bigger picture. Just hodl.
Wait.

[Anonymous No.29713766]

>>29713654
i'm holding but dude get real
bigger picture is extremally bearish
everything is dumping
stock market is gearing up for crash
i'm losing so much money on my LTC trade I want it to go back up more than anything but I'm not delusional

[Anonymous No.29713937]

>>29697407
Does everyone have a room temperature IQ here?
Obviously he banks $SUSHI $RBC & $0x(ZRX) because together with LTC there are some big fucking plans coming through soon.

[Anonymous No.29713966]

I bought more in at 178 thinking it was the dip, entirely regrettable but I’ll hold it. Beats holding a burning dollar at this point.

[Anonymous No.29714033]

>>29713937
Check the ID
I'm a Biz nerd.

>Just buy a few Rubics and thank me later
Screencap this to seethe later.

[Anonymous No.29714185]

>>29713966
It's gonna dip further, set a lower price to buy.

[Anonymous No.29714350]

>>29713766
This is why you only invest what you can lose.
LTC is longterm homie.
Longterm

[Anonymous No.29714369]

>>29713408
could be. other speculation was the bank emoji and sushi in combination were meant to designate Bank of Japan, who today announced progress with their central bank digital currency project

[Anonymous No.29714409]

>>29713966
my average is like 182 now, looks like BTC is bouncing though so 170 is probably the bottom for today

[Anonymous No.29714791]

PLUMMETING

[Anonymous No.29714879]

looks like we're barting on the BTC pair, that aint good.

[Anonymous No.29714932]

So now litecoin is literally asahi silver rounds?

[Anonymous No.29714971]

>>29714409
You fool
You absolute Buffoon
Watch me sink this whole fucking ship

[Anonymous No.29715214]

>>29714971
kek
I mean I'm not saying it's the bottom for BTC< there's no support till 42k, maybe 40k and all markets are SUPER bearish right now
that being said I would think at some point there might be a local bottom and small bounce

[Anonymous No.29715227]

>>29713937
>Big fucking plans
Like the last time when Facebook plans to use Chinkcoin as the default currency?

[Anonymous No.29715247]

Just bought 100 at 172.
Let's ride and see this through.

[Anonymous No.29715250]

bought @ 171.375, lets go boyos.

[Anonymous No.29715591]

quick comparison of this dip relative to last dip, pictured

this dip was better "resisted" which is to say buying pressure was more readily apparent, buyers were more eager to buy this dip than the previous. previous dip was sharper, dipped deeper in proportion, and met a less immediate buying reaction

it's possible we may test the recent low on this dip, it's not unlikely we make a lower low. what is unlikely is we go precipitously lower, if we are to go lower. to reiterate the point made above, this dip has been better bought, and at higher prices, than the previous dip

[Anonymous No.29715625]

>>29715247
>>29715250
you got good price
riding with you

[Anonymous No.29715715]

>>29714369
either one is very cool imo

[Anonymous No.29716101]

So we should buy chainlink and tezos instead, because litecoin is already over rated?

[Anonymous No.29716115]

fuck it i just bought more to bring my average don
hope it doesn't dump much more

[Anonymous No.29716236]

>>29715625
How is this not easy $? Especially when I can pull it out of an atm within 30 seconds

[Anonymous No.29716718]

>>29716236
Because its litecoin

[Anonymous No.29716733]

recovering nicely

[Anonymous No.29716795]

Canadian sirs, do i use binance.us or binance.com, thank much sirs appreciate all input

[Anonymous No.29716884]

>>29716795
>binance.com
not canadian but binance.com I think
us version is cucked

[Anonymous No.29716950]

>>29715591
all alts are fairing better in this dip, if BTC wasn't shitting the bed alts would be mooning right now. ada is a prime example, that thing has held above 1.00

[Anonymous No.29717009]

>>29716950
alt season this weekend?

[Anonymous No.29717034]

>>29716950
Give it until Saturday night

[Anonymous No.29717216]

>>29716950
LTC is also down very little compared to BTC, ETH and others
it's slowly gaining in sats

[Anonymous No.29717382]

>>29717216
are you living in alternate reality? ltc is not only doing the same shit at btc, it's doing it worse

[Anonymous No.29717720]

>>29717382
You need to look at the bigger picture

[Anonymous No.29717784]

>>29717720
there's no bigger picture you moron, look at the charts

[Anonymous No.29717882]

>>29717784
Everyone's opinion is different.

[Anonymous No.29717883]

>>29717784
It looks like it is going back up.

[Anonymous No.29717910]

>>29717382
btc down 7% on the day, LTC only 4%
that pump to 200 really did wonders to LTCBTC ratio

[Anonymous No.29717922]

>>29717882
opinion?
oh my god...

[Anonymous No.29718255]

>>29717922
So then why are you here anon

[Anonymous No.29718762]

Not looking at the charts until monday. wagmi

[Anonymous No.29719044]

>>29689525
LTC is fine, faster and CHEAPER transactions. Does 60 to your 7 TPS. Sad. LTC #1.

[Anonymous No.29719153]

>>29717910
Yea I think its mostly going to trade the psychological barriers until it goes full parabolic against btc.

[Anonymous No.29719429]

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

[Anonymous No.29719495]

>>29685558
kek