...
Was there a reason why LTC dropped from ~$50 to $1 in the past?
David Cook
Parker Bennett
Yes user.
Michael Lee
It's gonna happen again this week but obviously not to $1. There is a clear double top pattern in the works.
Leo Davis
What happened?
Dominic Martin
Bitcoin tanked
People (if ethniggers can be called that) conveniently forget that at the same time litecoin went from 50 to 1, Bitcoin went from 1200 to 200.
Brayden Jenkins
it will happen again
Jason Garcia
if you hold lots of LTC you're basically betting against bitcoin's success. so good luck with that one.
Andrew Lee
It was a total scam at the start. The laziest fork for BTC ever in 2014 but it pumped to $50 anyway.
Now it's not a scam so it'll pump to $100+
Jason Lee
its as much of a scam as it has ever been. it still have no use, no community and no developers. theyre all about marketing their little coin to the chinks and the chinks ate that shit up and kept it on life support over 2014-2016. its completely up to china if litecoin continues or not.
Luis Stewart
Nice! Just bought 100k!
Michael Butler
What is competing companies?
Joseph Smith
get a life faggot
Juan Hall
Spot price % change 30 days / volume
Bitcoin
USA: -8.67% / 1,221,516
China: -9.68% / 1,047770
Litecoin
USA: +74.50% / 14,974,291
China: +65.39% 138,580,226
Carson Thomas
Sauce?
Ian Walker
ok? throwing out trading numbers in the middle of a pump and dump doesnt change the facts. china loves litecoin because they have even more control over it than bitcoin, even their creator is one of them. this can be seen as a good thing for price but as china moves away from coins like litecoin youre going to be left holding a heavier bag than those did in 2016.
James Wright
>No use
Ltc is widely accepted where btc is, except transactions don't take an hour.
>No community
Arise, chikun
>No developers
Segwit happened, get over it.
Looks like you just bought 100k notanargumerium.
Caleb Rodriguez
those stupid ass patterns are meaningless idiot
Tyler Foster
>more TA meme shit
You'd get better indication of future movements by rolling bones or reading tea leaves. TA is only any good AFTER a pattern has formed, before that it's purely guess work and wishful thinking
John Allen
or you're betting that Segwit gets activated in bitcoin which will enable atomic swaps between btc and ltc without the need for an exchange or trusted third party.
on a website that only takes litecoin and you only have bitcoin? no problem.
at a coffee shop that only takes litecoin and you only have bitcoin? no problem.
etc.
litecoin isn't going anywhere.
Andrew Ward
mt. gox happend.
Adam Robinson
no use?
think of it like this. bitcoin is 1mb blocks every 10 minutes. litecoin is 1mb blocks every 2.5 minutes.
it has 4x the transaction capacity of bitcoin.
segwit will enable atomic swaps, at that point why would anyone ever use bitcoin for anything other than a store of value? litecoin is faster and cheaper.
Kevin Anderson
litecoin overpriced
$7.5 ok price
boards.Veeky Forums.org/biz/thread/2723864
Landon Lewis
Do you know what some of the most used formulas for stock market behavior are modelled after? Equations that attempt to predict he behavior of dust particles floating around combined with probalistic equations used by gamblers.
Jaxon Thompson
Why did it tank though?
Ayden Perez
>tfw you make money shorting LTC while newfags cling to the forever upward trend meme with no corrections between meme .
Angel Morris
4x the capacity and nobody's using it. it has none of the benefits of bitcoin, which are all non-technical, and all of the pitfalls of bitcoin, given it didn't learn anything because its a simple minded clone.
and can we stop with the litecoin is faster and cheaper. it's also a worse store of value in every measurable way, and in every psychological way. thats why nobody ever uses it for anything but speculation, and throughout bitcoin's terrible fees and slow confirmations nobody switched to litecoin because they simply dont value it.
if it wants to parasite on bitcoin's segwit network its going to have a wake up call when not many people actualy want to hosts those swaps because nobody actually wants to accept litecoin.
Blake Allen
Jace Powell
who would host these swaps when 99% of the traffic is going to be people with litecoin wanting to get bitcoin? what do they get out of it? why would anyone want to hosts these and give away bitcoin for litecoin?
Jayden Cox
MT. Gox.
Evan Carter
same reason as every other altcoin
their only purpose is trading them to bitcoin, which you can use to pay for shit, with people who are bigger idiots than you.
Henry Watson
Back then mtgox today okcoin
Same shit
Gavin Hernandez
>except transactions don't take an hour.
This meme needs to end. Jihan stopped spamming the mempool and everything is back to normal.
Jose Torres
bitinfocharts.com
blockchain.info
"normal" Tx speed and fees for BTC is still too slow and expensive compared to LTC. This is not just a meme, you can test it yourself.
Alexander Richardson
Jace White
its slow, but the users would rather suffer or buy other alts like ether than buy litecoin.
David Phillips
LiteCoin analitic:
bitcointalk.org