[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y ] [Search | Free Show | Home]

Why is Litcoin up while both BTC and ETH dipped drastically today?

This is a blue board which means that it's for everybody (Safe For Work content only). If you see any adult content, please report it.

Thread replies: 38
Thread images: 5

File: ŁTC.png (86KB, 901x246px) Image search: [Google]
ŁTC.png
86KB, 901x246px
Why is Litcoin up while both BTC and ETH dipped drastically today?

Doesnt the market usually move together?
>>
Anybody?
>>
litecoin is decoupling and taking its rightful throne as the One True Coin
>>
It's a safe haven coin. Underhyped, tested, has the fundamentals, no internal politics.
>>
>>2463260
A lot of projects are currently using litecoin as a basis instead of Bitcoin (due all the issues BTC has (speed, blocktime, mempoool...).

LTC will be a bigger player in the future if BTC doesn't get his shit together.
>>
fuck me for being a poorfag I bought the dip but only 10$
>>
>>2463437
At least you bought the dip instead of selling at it, no matter how little the money was
>>
File: ltc.png (151KB, 1681x675px) Image search: [Google]
ltc.png
151KB, 1681x675px
>>2463260
Bought LTC at the dip today and have made about 4$ per coin so far. If it starts dropping I'll switch to whatever looks like it's trending upward, either ETC BTC or SIA. Apart from that LTC is clearly a goldmine right now and this isn't shilling. Obviously if it crashes jump off it but for anons who know enough to do their own research LTC cannot be ignored as a power coin
>>
>>2463446
What constitutes crashing for LTC?
>>
Cus everybody forgets they own any LTC. So they don't sell it
>>
>>2463486
Highly doubt people would randomly forget something like that
>>
>>2463476
I think that depends on where you bought in at and where the trend is moving. I just moved about about 50 LTC into SIA because LTC might be slowing down and SIA is on a decent trend up. The buy wall wasn't looking good for LTC to me. I hope both go up.
>>
>>2463260
Litecoin basically literally never moves. Just look at the graphs. You think something's going down? Put it into ltc and then buy back.
>>
>>2463722
I made about $400 sitting on LTC today. Just moved a 3rd of it into SIA. Why pick favorites? Just flow with the upward trend man. Maybe that isn't LTC maybe it'll be something else now but just ignore the coin names and pick the ones that flow up. Sell it when they start peaking and trend down.
>>
Who else concerned that current price is only because of bubble?

it was like $6 few months ago for years
>>
File: IMG_1139.jpg (225KB, 1995x1113px) Image search: [Google]
IMG_1139.jpg
225KB, 1995x1113px
Litecoiners will be the ones holding keys to the lambo in a few weeks
>>
>>2463437
keep this rationale and grind on
>>
>>2463775
It's still undervalued, it really isnt a concern
>>
>>2463872
It will continue to be under valued until it is it is 1:4
>>
>mfw I had 3 eth yesterday
>mfw I converted them all into litecoin on exodus right before the major dip
>mfw I can convert the LTC back and receive 3.5 eth


should I do it, or just ride the LTC train into august?
>>
File: 0HV9iJM.jpg (54KB, 605x454px) Image search: [Google]
0HV9iJM.jpg
54KB, 605x454px
Tfw you sold some ETH a week ago to buy LTC
>>
>>2463260
Because it actually works and does what it is supposed to. More and more as being seen as a safe haven in the crypto world. Should be heading up, up, up soon. I picked up 30 last night alone.
>>
>>2463722
Yeah except if you had $100 on litecoin a year ago it would be $30000 today. So yes it does move, just more conservatively and with fewer major swings. It is a sleeper for sure. Good for any long term hold.
>>
People have been paying a lot of attention to litecoin's insane stability. Among the higher circles litecoin is absolutely the most talked about coin right now. There's a lot of chatter about an upcoming realignment in the crypto world with litecoin at the helm
>>
>>2464018
>Among the higher circles litecoin is absolutely the most talked about coin right now. There's a lot of chatter about an upcoming realignment in the crypto world with litecoin at the helm
What higher circles? Where is this chatter coming from?
>>
>>2463998
no you would have like $500
>>
I'm 95% confident that on 20th June LTC will hit at least $41 (then drop back to $34)
>>
LTC dipped just like the rest.
>>
>>2464050
Recovered quickly and has a gain for the day unlike BTC though
>>
>>2463775
It went up after Coinbase decided to list it. After that, it's been pretty stable and uninteresting. It doesn't look like a bubble to me.
>>
File: images (2).jpg (5KB, 313x161px) Image search: [Google]
images (2).jpg
5KB, 313x161px
Tread softly stranger.

Litecoin is a legacy coin that has been accumulated throughout the years, you will disturb some ancient whales once the price goes up.
>>
>>2464504
I'm scared now
>>
>>2464025
He's memeing
>>
vertcoin is litecoin but with a GPU algorithm
litecoin = bitcoin = ASIC chinacoin

vertcoin has the same properties, no premine, segwit/LN
GPUs favor decentralization, anyone can mine or play vidya, vertcoin lyra2REv2 algo uses less electricity than other GPUs so you don't need cheap electricity to compete
>>
Litecoin is centralized in china. Be careful.
>>
Charly is a chink jimself. chinks stay loyal unless one brings shame. charly is good man no chance pf prlblem.mlitecoin will dise very high by my calculations. somewhere near 90,000 yennby new year
>>
>>2464050

was obviously a good time to buy with fiat
>>
>>2463403
That's actually a really great answer.
Thread posts: 38
Thread images: 5


[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y] [Search | Top | Home]

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/


If you need a post removed click on it's [Report] button and follow the instruction.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com.
If you like this website please support us by donating with Bitcoins at 16mKtbZiwW52BLkibtCr8jUg2KVUMTxVQ5
All trademarks and copyrights on this page are owned by their respective parties.
Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from that site.
This means that RandomArchive shows their content, archived.
If you need information for a Poster - contact them.