Litecoin is blowing up in a way that makes Bitcoin look like a straggler... | |
Larry D. Croc
User ID: 70736097 United States 12/12/2017 08:28 PM Report Abusive Post Report Copyright Violation | Long time no see, ST, good to see you back! "Socialism only works in two places: Heaven where they don't need it and hell, where they already have it." Ronald Reagan The trouble with our liberal friends is not that they're ignorant; it's just that they know so much that isn't so." Ronald Reagan |
The Rickest Rick Sanchez
User ID: 73168454 United States 12/12/2017 08:29 PM Report Abusive Post Report Copyright Violation | Holy crap. Where have you been? Yeah, LTC is nuts today. Look at ETN in about 11 hours. The universe is basically an animal. It grazes on the ordinary. It creates infinite idiots just to eat them. The Rickest Rick Sanchez comments are meant for entertainment purposes only and should not be construed to reflect the feelings and opinions, implied or expressed, of the author. |
jkm1864
User ID: 74933864 United States 12/12/2017 08:30 PM Report Abusive Post Report Copyright Violation | |
Saddletramp
(OP) User ID: 786640 Puerto Rico 12/12/2017 08:33 PM Report Abusive Post Report Copyright Violation | Holy crap. Where have you been? Quoting: The Rickest Rick Sanchez Yeah, LTC is nuts today. Look at ETN in about 11 hours. Personally I've seen a profit of over 450% on a decent size investment, ordinarily when you see that kind of gain you look at getting out, but I think Litecoin's takeoff is just beginning... "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Southern Soldier
User ID: 68733295 United States 12/12/2017 08:35 PM Report Abusive Post Report Copyright Violation | |
Saddletramp
(OP) User ID: 786640 Puerto Rico 12/12/2017 08:35 PM Report Abusive Post Report Copyright Violation | I made about .5 BTC today trading between LTC and BTC. I didn't get in at the bottom but I sure appreciate the movement. Quoting: jkm1864 Congrat's Let's all get Bit-Rich as fuck!!! "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 9772278 United States 12/12/2017 08:52 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 34398756 United States 12/12/2017 09:05 PM Report Abusive Post Report Copyright Violation | Holy crap. Where have you been? Quoting: The Rickest Rick Sanchez Yeah, LTC is nuts today. Look at ETN in about 11 hours. Personally I've seen a profit of over 450% on a decent size investment, ordinarily when you see that kind of gain you look at getting out, but I think Litecoin's takeoff is just beginning... Care to give examples? |
Anonymous Coward User ID: 34398756 United States 12/12/2017 09:08 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73157230 United States 12/12/2017 09:11 PM Report Abusive Post Report Copyright Violation | 2nd largest trading volume last few days of all the cryptos too. I think a lot of profits taken out of BTC are headed to LTC! To the moon on this one! (hoping) . |
Southern Soldier
User ID: 68733295 United States 12/12/2017 09:12 PM Report Abusive Post Report Copyright Violation | |
Aha User ID: 74764145 United States 12/12/2017 09:18 PM Report Abusive Post Report Copyright Violation | |
Saddletramp
(OP) User ID: 786640 Puerto Rico 12/12/2017 09:28 PM Report Abusive Post Report Copyright Violation | Holy crap. Where have you been? Quoting: The Rickest Rick Sanchez Yeah, LTC is nuts today. Look at ETN in about 11 hours. Personally I've seen a profit of over 450% on a decent size investment, ordinarily when you see that kind of gain you look at getting out, but I think Litecoin's takeoff is just beginning... Care to give examples? Nov 23 I bought Litecoin at $69.78. I began reviewing my trading strategy on Dec 5 (Bitcoin had blown past $10K like it was standing still). The next day I began selling a large portion of my Bitcoin holdings, and over the next week I sold bitcoin in tranches at anywhere from $15,756.45 to $17,450.82. On Dec 7 I bought another tranche of Litecoin at $90.69. My average cost per 1 Litecoin is now $80.24 and Litecoin peaked today at $367.34, currently giving me a 458% Gain on my initial investment. Last Edited by Saddletramp on 12/12/2017 09:35 PM "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 73157230 United States 12/12/2017 09:36 PM Report Abusive Post Report Copyright Violation | Holy crap. Where have you been? Quoting: The Rickest Rick Sanchez Yeah, LTC is nuts today. Look at ETN in about 11 hours. Personally I've seen a profit of over 450% on a decent size investment, ordinarily when you see that kind of gain you look at getting out, but I think Litecoin's takeoff is just beginning... Care to give examples? Nov 23 I bought Litecoin at $69.78. I began reviewing my trading strategy on Dec 5 (Bitcoing had blown past $10K), and on Dec 7 I began selling my Bitcoin holdings, over the next week I sold bitcoin at anywhere from $15,756.45 to $17,450.82. On Dec 7 I bought another tranche of Litecoin at $90.69. My average cost per 1 Litecoin is now $80.24 and Litecoin peaked today at $367.34, currently giving me a 458% Gain on my initial investment. Smart to edit your initial draft of this post! Had to be quick to catch it! Congrats anyhoos - I'm buying LTC on an almost daily basis. To the moon! I think LTC could easily reach $500 by January 1st. . |
Saddletramp
(OP) User ID: 786640 Puerto Rico 12/12/2017 09:46 PM Report Abusive Post Report Copyright Violation | Serious Question Saddle Tramp.. Quoting: Southern Soldier Where do you expect Lite coin to be in 180 days ? best Guesstimation... I think Litecoin is going to explode over these next two or three months, experience a relatively hard correction, and then begin a more steady advance as we move into Q2 2018. How long that lasts could depend on the technical aspects of the trade, and Litecoin needs to increase its use in online retail. If Litecoin can sign usage agreements with Alibaba and Amazon (as the rumors say is the plan) then the sky is the limit. A lot of this will depend on the markets and economy as a whole, so remember everything I'm telling you is dependent on factors that we cannot foresee with any degree of accuracy...in other words, my wild ass guess is that in six months Litecoin is still trending upwards but in a much less volatile fashion. At least that's what the crystal ball I'm pulling out of my ass says... "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 9772278 United States 12/12/2017 09:48 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 75830626 United States 12/12/2017 09:52 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 58903623 United States 12/12/2017 09:55 PM Report Abusive Post Report Copyright Violation | |
Southern Soldier
User ID: 68733295 United States 12/12/2017 10:00 PM Report Abusive Post Report Copyright Violation | Serious Question Saddle Tramp.. Quoting: Southern Soldier Where do you expect Lite coin to be in 180 days ? best Guesstimation... I think Litecoin is going to explode over these next two or three months, experience a relatively hard correction, and then begin a more steady advance as we move into Q2 2018. How long that lasts could depend on the technical aspects of the trade, and Litecoin needs to increase its use in online retail. If Litecoin can sign usage agreements with Alibaba and Amazon (as the rumors say is the plan) then the sky is the limit. A lot of this will depend on the markets and economy as a whole, so remember everything I'm telling you is dependent on factors that we cannot foresee with any degree of accuracy...in other words, my wild ass guess is that in six months Litecoin is still trending upwards but in a much less volatile fashion. At least that's what the crystal ball I'm pulling out of my ass says... Thanks man! I was thinking along the same lines... up and away for a few then a down... Still after the correction and all im thinking it will be over 100 to 150% increase from now.. Like you said tho... bar no warmongers having their way or the inevitable bubble pop... I am seriously considering a purchase of 2 grand of lite coin and holding for up to 180 days of course evaluating world market conditions ... Respect the hell out of your opinions on this... Southern Soldier |
Saddletramp
(OP) User ID: 786640 Puerto Rico 12/12/2017 10:01 PM Report Abusive Post Report Copyright Violation | Only good alternative to bitcoin is ether imo. Quoting: Anonymous Coward 75830626 Better imo. Litecoin is just a ripoff of the bitcoin name Litecoin was never meant to be an alternative to Bitcoin, it was meant to be a complimentary currency, If Bitcoin were a $100 Bill, Litecoin would be a $20 Bill... [link to fortune.com] "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 75830626 United States 12/12/2017 10:04 PM Report Abusive Post Report Copyright Violation | Only good alternative to bitcoin is ether imo. Quoting: Anonymous Coward 75830626 Better imo. Litecoin is just a ripoff of the bitcoin name Litecoin was never meant to be an alternative to Bitcoin, it was meant to be a complimentary currency, If Bitcoin were a $100 Bill, Litecoin would be a $20 Bill... [link to fortune.com] Why would you need a complimentary currency when you can make fractions .00000000001 |
Saddletramp
(OP) User ID: 786640 Puerto Rico 12/12/2017 10:10 PM Report Abusive Post Report Copyright Violation | Only good alternative to bitcoin is ether imo. Quoting: Anonymous Coward 75830626 Better imo. Litecoin is just a ripoff of the bitcoin name Litecoin was never meant to be an alternative to Bitcoin, it was meant to be a complimentary currency, If Bitcoin were a $100 Bill, Litecoin would be a $20 Bill... [link to fortune.com] Why would you need a complimentary currency when you can make fractions .00000000001 Because Bitcoin is a bit clunky for the retail sector honestly, completing a transfer takes an average of 10 minutes. Litcoin takes an average of 2.5 Minutes... "And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius "Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..." "We don't rent pigs!" |
Anonymous Coward User ID: 73157230 United States 12/12/2017 10:13 PM Report Abusive Post Report Copyright Violation | Only good alternative to bitcoin is ether imo. Quoting: Anonymous Coward 75830626 Better imo. Litecoin is just a ripoff of the bitcoin name Litecoin was never meant to be an alternative to Bitcoin, it was meant to be a complimentary currency, If Bitcoin were a $100 Bill, Litecoin would be a $20 Bill... [link to fortune.com] Why would you need a complimentary currency when you can make fractions .00000000001 They serve different functions. Bitcoin is for storing and growing wealth. Purchasing high-ticket items. Much higher transaction fees than Litecoin Litecoin is great for day-to-day transactions - works 4 x faster than Bitcoin and the transaction fees are minimal by comparison. Litecoin also has fractions to 0.00000001 . |
Anonymous Coward User ID: 75830626 United States 12/12/2017 10:18 PM Report Abusive Post Report Copyright Violation | Only good alternative to bitcoin is ether imo. Quoting: Anonymous Coward 75830626 Better imo. Litecoin is just a ripoff of the bitcoin name Litecoin was never meant to be an alternative to Bitcoin, it was meant to be a complimentary currency, If Bitcoin were a $100 Bill, Litecoin would be a $20 Bill... [link to fortune.com] Why would you need a complimentary currency when you can make fractions .00000000001 They serve different functions. Bitcoin is for storing and growing wealth. Purchasing high-ticket items. Much higher transaction fees than Litecoin Litecoin is great for day-to-day transactions - works 4 x faster than Bitcoin and the transaction fees are minimal by comparison. Litecoin also has fractions to 0.00000001 . Hmm one of the downfalls of bitcoin are that transaction fees will rise when there is no more bitcoin given out for being apart of the blockchain |
Anonymous Coward User ID: 75563400 United States 12/12/2017 10:51 PM Report Abusive Post Report Copyright Violation | Only good alternative to bitcoin is ether imo. Quoting: Anonymous Coward 75830626 Better imo. Litecoin is just a ripoff of the bitcoin name Litecoin was never meant to be an alternative to Bitcoin, it was meant to be a complimentary currency, If Bitcoin were a $100 Bill, Litecoin would be a $20 Bill... [link to fortune.com] Why would you need a complimentary currency when you can make fractions .00000000001 They serve different functions. Bitcoin is for storing and growing wealth. Purchasing high-ticket items. Much higher transaction fees than Litecoin Litecoin is great for day-to-day transactions - works 4 x faster than Bitcoin and the transaction fees are minimal by comparison. Litecoin also has fractions to 0.00000001 . Is Litecoin not also for "storing and growing wealth?" And "purchasing high-ticket items"? (in addition to the other uses you mentioned). If so, then why would you need a complimentary currency to Litecoin? Not being argumentative, just trying to understand. |
Anonymous Coward User ID: 75433232 United States 12/12/2017 11:07 PM Report Abusive Post Report Copyright Violation | |
The Rickest Rick Sanchez
User ID: 73168454 United States 12/12/2017 11:12 PM Report Abusive Post Report Copyright Violation | Holy crap. Where have you been? Quoting: The Rickest Rick Sanchez Yeah, LTC is nuts today. Look at ETN in about 11 hours. Where can I buy etn Apparently the only place for US citizens is Cryptopia which is weird as fuck. Yeah. Bit of a pain, but I've got a feelin.... It's still cheap enough to grab a handful. The universe is basically an animal. It grazes on the ordinary. It creates infinite idiots just to eat them. The Rickest Rick Sanchez comments are meant for entertainment purposes only and should not be construed to reflect the feelings and opinions, implied or expressed, of the author. |
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Anonymous Coward User ID: 50315018 United States 01/24/2018 10:47 AM Report Abusive Post Report Copyright Violation | I have been very interested in FLASH, a Litecoin fork. It solves many of the problems that Litecoin still has. FLASH 1 penny transactions (infinitely better than Litecoin) 2 second tranaction time 1,500 transactions per second (TPS) tested and validated (comparable to Mastercard and Visa) - Up to 2 Million TPS possible in theory Decentralized All coins have been released, no inflation. This coin is still largely undiscovered and has the best tech. [link to www.youtube.com (secure)] As a disclaimer, I own some FLASH and have been increasing my position on current crypto weakness. When BTC goes up, FLASH seems to outperform. I purchased on Crypto-Bridge using BTC. Litecoin's transactions per second, like Bitcoin, are still not sustainable. FLASH is a little better than Ripple in the metrics, but RIPPLE is CENTRALIZED, which defeats the whole purpose of crytpos. If FLASH is discovered like RIPPLE, then wow...$10 by 2020 compared to other current market caps (200x increase). |