Reddit Posts
Need advice on cashing out crypto to canadian dollars
The Daily SMA converging. Litecoin is looking primed for a breakout and sooner this time around.
I’m either a massive idiot, or idiot-savant.
Can you find every coin associated with a wallet armed only with the seed phrase?
I own the equivalent of a BTC worth of LTC. I’ve held LTC for 6 years, should I sell to a BTC?
I own 1 BTC worth of LTC, I’ve held LTC for 6 years - should I transfer all my holdings to 1 BTC
The only Cryptocurrency’s that will matter are from the early days - BTC, LTC, BCH, ETH
The case for Litecoin as one of the next approved Crypto ETFs in the US
Altcoin season about to happen! The ETF approval was already price in for number one coin, but now the road is open for ETF's for other coins.
Altcoin season about to happen! The ETF approval was already price in for BTC, but now the road is open for ETF's for other coins.
Thanks to CEX delisting, we have now at least 3 atomic swap implementations for Monero.
1 popular DEX is becoming more like a centralized exchange but worst actually
[LTC] Top 100 Wallet Whales: +1.2M LTC Added, Only -139k Sold despite -11% price performance 1M timeframe
Assuage my fears: How does Bitcoin avoid becoming inaccessible to the average person?
Algorithmic Stock Trading Was So 2023. It’s Time To AlgoTrade Crypto As Well.
Why are only BTC and ETH transfers allowed with Travel rule in the UK?
Only BTC and ETH transfers allowed with Travel rule in the UK?
How Top 10 Crypto of 2022 Performed in 2023
Why I just went ALL-IN with Litecoin and hodling all the way to the moon. We're about to test a major trendline for the 4th or 5th time. Ratio has double-bottomed and broke a significant trendline today. Content with my bag and don't want to miss out! And for many other reasons below...
Why I just went ALL-IN with Litecoin and hodling all the way to the moon($1000-2000). We're about to test a major trendline for the 4th or 5th time. Ratio has double-bottomed and broke a significant trendline today. Content with my bag and don't want to miss out! And for many other reasons below...
LTCN +20% today at $16+ / Volume SIX-fold increase / 635+% YTD / valuation of LTC at $188+ per coin
Why does can I use Crypto for payments without losing everything to fees?
12 years, 200,000,000 transactions, 100% uptime. LTC has realized its digital silver aspiration.
Could Litecoin fill the gap? BTC fees, Lightning Network, and the need for a solid crypto asset for both spending and saving.
BitPay has been doing crypto payments since 2011. One coin has always led in their stats. Today they declared a new king of payments for the first time ever.
LiteCoin Cash(LCC) has out performed LiteCoin(LTC) for the year 2023
Dogecoin (DOGE) Remains Resilient as Meme Moguls (MGLS) and Litecoin (LTC) Shake Up the Crypto Market
Owe IRS over 50k from 2021. Looking for advice
Owe the IRS over 50k from 2021. Looking for advice
Virtual card to use with crypto?
What crypto do you believe would be the next to have an ETF if Bitcoin and Ethereum are both approved?
Why will BTC be valuable or why should be people invest in BTC?
forgot which wallet i deposited to, willing to pay
Bitcoin vs Litecoin vs Ethereum network activity. Transactions speed, cost and volumes.
How easy do you find crypto payment?
All top cryptos are permanently falling to Bitcoin on average last year
Change address from paper wallet after transaction
[HELP] Where to apply margin in OKX
Been trying to send ETH from BitPay to Gemini for 3 hours.
Analyzing the price of Litecoin (LTC), it appears that bears may remain in control below the $65 mark.
Why crypto? Venezuelan Central Bank released the inflation data for the last months (They weren't publishing it monthly as the law says), since January accumulated inflation was (officially) a "good" 82%!
Chat GPT vs Google Bard, what AI makes the best gains on a 10K USD portfolio first month update
Venmo Making it Even Worse for Crypto Transactions
To celebrate the launch of Hydranet DEX (Win|Linux) and its offchain BTC/ETH pair, here is a technical overview written specifically for r/cryptocurrency.
Advice regarding my crypto asset allocation. Where do you see room for improvement?
Avoid Changelly at all costs. Not releasing 16k worth of LTC
Avoid Changelly at all costs. Not releasing 16k worth of LTC
Which altcoins will survive the bear market?
If we see crypto in the longrun (+20 years), some crypto like Litecoin are perfectly lined up for success
Dogecoin, XRP, LTC removed from 'greenlist 'by New York Department of Financial Services
Which altcoins will survive the bear market?
What If MicroStrategy Bought ETH Instead Of Bitcoin?
Which ALTCOINS will survive the bear market?
Previous cycles top 5 portfolio performance
Litecoin (LTC) at $60 Support: A Crucial Price Standoff
After the headlines: how are LunarCrush’s plans to send $1.5 million worth of BTC to the moon via private keys etched on a rover going?
Question about ETH on the binance blockchain
Reading a projects white paper is extremely important
What's the deal with Litecoin?
Every alt is in a downtrend against Bitcoin; Change my mind
A really well done & informative description of LTC by NDAX - A Canadian Exchange. Bravo!
Safemoon finally released the Safemoon card. You can't use it to sell your Safemoon tokens.
Worldwide adoption or just a speculative investment?
Chat GPT vs Google Bard, what AI makes the best gains on a 10K USD portfolio
What’s your favourite CEX position? Take a look and the different ways to buy and sell your coins on exchanges.
Top 10 Cryptocurrencies by Daily Active Addresses in the Last 30 Days
How to pay retailer using LTC, directly from fiat: CAD --> LTC
I spent the past 6 months outside all crypto communities, here's what a I found out:
Will Crypto Help Millenials and Gen Z Better Save for Retirement?
Bitcoin Held Steady Above $26K Over Weekend; XRP, LTC Buck Market Trend
Question on privacy and obfuscating my coins
Question on privacy and obfuscating my coins
Bitcoin Held Steady Above $26K Over Weekend; XRP, LTC Buck Market Trend
Bitcoin Held Steady Above $26K Over Weekend; XRP, LTC Buck Market Trend
Debating reallocating my portfolio into all BTC
24 hour aftermath of top 100 cryptocurrencies after crash
XRP and LTC Became the Top Losers, Decline 17%
Why is LTC Coin Falling? Is it Time to Buy?
PayPal UK to halt crypto purchases until early 2024 but enables purchases for Ledger users in US!
What Will Happen to Litecoin (LTC) Price After Halving?
Hard capped coins vs uncapped coins.
Where to buy Crypto-Currency without an ID?
So institutional investors are making some interesting moves in the Bitcoin arena. According to the CoinShares, they have hit the brakes on their bets against Bitcoin fo
Litecoin halving completes as LTC sees increased payments adoption
Litecoin Just Had Its Third Halving—Here's What That Means for LTC - Decrypt
Mentions
Are you asking about the token on Ethereum or the layer 1 scrypt coin merge mined with DOGE and LTC?
Which one lol? There are a bunch of them. I just learned of one that started in January that is being merge mined with LTC and DOGE. There is a subreddit for it. IMO the “OG” L1 ETH PEPE will do well if BTC moons again. The contract address is 0x6982508145454Ce325dDbE47a25d4ec3d2311933
LTC is pretty much a stablecoin at this point. It’s had a few peaks but $65 is about it’s moving average
I am holding bags and Bags on LTC, because I am expecting the price to hit atleast $200-$300 in alt season. And it will considering the use case of Litecoin LTC.
10 years ago the crypto market cap was $20bn roughly, you really only ad BTC, LTC and doge just started, now we are in a bear market and its $2trillion, I would say BTC 20x isnt that hard over 10 years, especially as a significant number has been lost
Yes but to add it to a mining pool, or similar application is just the same as BTC, LTC and others. My point was really that things like ETH and XMR are very different to integrate with things.
I accepted ETH earlier on, but I assume the gas fees went crazy as people just stopped using it. Also confusing from a coding point of view, same with XMR. Making a payment gateway for something like BTC, the same applies to coins like LTC, BCH etc.. that are based on same thing, so is pretty much just a copy and paste job with a few edits, but coins that do not work like BTC-core took me far to much work to integrate into websites. Yeah old problems, if somebody wants to pay me in BTC now I will charge them an extra 10% on total price, might as well just use a credit card instead.
LTC, XMR, BCH.. all still good options for peer to peer cash. My only interest is p2p cash, I don't hold coin and pray the price goes up. I just need payment methods that involve no third party rules, fees, or restrictions.
2022 in the spring time. It was mainly LTC I was buying, but as I bought I started researching what LTC was which led me to BTC. After that it's been my main thing besides a few alts.
Just because an alt held longer than other alts doesn't mean it's safer, people would praise LTC for 2 cycles before it became a shitcoin, you don't hold alts for more than 1 cycle optimally.
I mean, I don't disagree but if you bought XMR under $1 or LTC back when it was a few dollars and just sat on them, you'd be doing fine. Even if you bought Nano when it was raiblocks and it was under a penny or Eth when it was like 40 some cents or so, it would have been decent. 99% of new projects fail, but some do flourish and you have to adapt risk accordingly
Filecoin or LTC are also OG alts and what? I dont see single reason for non ERC20 alts to move as ETH. It is kinda scary because Tether is based on ERC20 so my guess is that alts go down when tether goes up and ETH is affected by biggest margin. And when ETH is affected by this it goes down further, tether goes up and maybe one day whole system will collapse. Who is trading alt-ETH pair? Nobody. If tether will be destroyed (and that day will happen one day), ETH will tank massively and all alts tied to tether pair will go down 99%. Tether is two sided sword. Good for quick exchange, but only fool would hold it 1+ year. And ETH is shitcoin which enables tether. I dont really see good future for this tandem. I know part of tether is running on different chain, but it is negligible and if erc20 fails, it will drag down other chains.
Go on and enjoy stacking up LTC then. I have said what I had to.
Well Luna used to be in top 10, it’s not even too 100 now. So you can understand the true value of LTC. Where it’s in top 20. When there have been stable coins which have been printed out of thin air.
None really. I’ve got MOON, BitCone and scrypt pepecoin because Reddit. I do have some LTC but don’t think it will ever get back to ATH. Maybe Bonk but I’m not a huge solana fan. I guess with a lot on your list is “you never know.”
Hopefully Litecoin (LTC) pumps along.
Bro have you seen in terms of market cap how close LTC is to top 18 ? Instead of calling people names ? You got to learn to open your eyes and not be a BTC Maxi
5 years ago, BCH, LTC, EOS, BSV, XLM, LEO, DASH, TZOS were in the top 15. 5 years from now, the top 15 is going to look very different.
Honestly lots of coins came into top 20 and disappeared but I believe LTC is here to stay.
> So i think the market has decided which coins are here to stay There's over 20k crypto projects. Many will die, many will drop out of the top 15, many will fade into oblivion Also i'm not sure if top 15 is a good metric honestly. Toncoin is new, and I could see it dying off after some cycles, yet LTC is far older and it's still kicking. Shiba Inu is 14, but there's nothing saying that it can't die off and fall out of the top 15 and to an obscure 1000+ spot in the future
Just loving how Litecoin (LTC) is doing. At this rate it should cross into top 18 Coin.
Hi everyone, I'm new to crypto and looking for advice. I recently bought about $50 of 8 coins (so about $400 total) - BTC, ETH, SOL, LTC, UNI, AVAX, AKT, and NEAR. I'm hearing good things are to come this October, and also following the US election. I take it all with a grain of salt but I'd like to try my hand and get some new coins or some more of the coins I have before the start of October. So here's some questions if anyone feels compelled to offer their thoughts: What's the deal with October? Is it just people anticipating the election and buying more, driving up prices? What are your thoughts on my strategy of buying small amounts of 8 coins? Am I just fucking myself with Coinbase service fees? Should I have put more into BTC? In this last week of September, what are your recommendations on coins? In particular I'd like to know of any coins that people suspect will rise in the short term. Should I put a little more money into any of the 8 I already have? Realistically, should I just chill the fuck out and not invest any more cause this whole thing is a crapshoot and mostly for fun? I don't have a ton of money to play with and want to be safe with where it goes. Thanks in advance for your thoughts. Good luck to you all.
Anyone that doesn't own at least some LTC is a complete fool, especially at the price it is. Same goes for BCH. LTC fits exactly what OP was asking for, it just isn't shiny, new and trendy. It's boring, and solid as fuck.
I strongly believe sol will outperform DOT and ADA as per data given. It is just as per adoption. Higher users higher revenue. Solana is generation revenue worth 250 million freaking every month. Avax daily active users are rising too again but they just rose for few weeks in month of December- January 2024 but never at that level again. You can check about it here. - https://stats.avax.network/dashboard/overview/ As per I know, Litecoin activity is at low if are comparing 3 years of it. You can play around with other data about LTC here. - https://bitinfocharts.com/comparison/litecoin-transactions.html#3y I have heard about ATOM is a good project but I didn't read much about it yet and neither about XTZ.
so you think SOL will ultimately win against DOT and ADA? or might they have fewer but also some valuable users? 🤔 what about AVAX? and is LTC just speculation? ATOM is also a supposedly good project XTZ was too early some say
Do some research into link, LTC and avax. LTC is the most utilized and adopted coin on lightning and has much faster transaction times than BTC. LTC will be the currency and BTC will the digital gold. There can be many crypto options down the road, which is a much more likely scenario
Good point. I don't hold much crypto this past year or so. LTC and ETH just short term for sports betting etc. Can I ask what you think of Cardano though? I have studied that for a bit now and somewhat have hope for it. Do you think it would be something worth slowly building up for long term?
I assume ADA, AVAX, DOT are good beside SOL. Many seem to like SOL because it's performing really well besides BTC and ETH, but will it last? from what I have seen LTC is weak, but I haven't experienced it pumping in a bull market yet, unlike e.g. DOT it does show higher highs in the past so maybe LTC might run way up again? some think FET will be amazing as an AI crypto, it seems to be a project that wants to be a platform for AI use cases, but not everyone seems to believe in it I'm not deep into it so anybody: feel free to correct me
Check Akt and Render. I would not go near LTC.
That was true in 2017, is that still true today? I doubt it. Anyway, LTC used to be a Top5 coin for quite some time in the past, only Top20 now. Unless there's any strong reason to expect that it will outperform Bitcoin and climb back up the ladder, you are better off just holding BTC, which is much less risky.
LTC reached $50 in November 2013. XRP hit $0.40 in May 2017. What is the point in investing in crypto that has lost value to inflation in the last 7-10 years? That is insane.
after LTC consolidates for 10 more years, i'm sure it will rocket to the moon.
Hopefully Litecoin (LTC) has consolidated enough and is ready for some serious uptick in price.
LTC isn’t dead. It’s just done. It’s not going anywhere.
Thank you. If you don't mind, can you explain what bleeding into alts is? is it basically the market for alts following behind a dip in BTC? If that's the case how do I know which ones are best to buy? So far I've bought ETH, LTC, and UNI
But still I feel more safer to invent in LTC rather than other alts at this point.
For one reason it’s the most used crypto and very undervalued also in each alt season LTC has made ATH, so it will make atleast a 2X to 3X from current prices.
Focus on big marketcap coins. Meme coins are just a gamble with no gurantee. BTC, ETH, LTC, XRP and staking will get you long ways than meme
Most alts will probably outperform LTC tbh
Bro I am holding LTC for 3 years now. Nothing lol
Right now Litecoin (LTC) looks a better play. Higher chance of it 2X-3X in a short time.
Hash is a more complex subject than maximalist paint it. In the past there had been attempts to attack BCH but the honest miners increased hash rate and fended off these attacks. Yeah, you probably don't know it, miners supported and bigger blocks back in the day and still heavily support BCH, but Blockstream had them convinced/extorted to stick with a lousy 1MB and the Segwit hack. That attack on BCH was 7 years ago, the last attempt to attack BCH. Mining was always centralized. Just two pools that belong to Bitmain had more than 50% of hash and they were located in China. That's been going on for at least 10 years. Even today, just two pools still generate centralized risk reaching close to 50% hash. Furthermore, hashrate follows the price. BTC is at risk to a halt in case the price goes down faster than expected, with the 2016 block epoch and once this happens the only solution will be centralized intervention that will further deteriorate the price, meanwhile BCH adjusts difficulty with every block. Anyway, you claim there are other chains that work, which I also agreed, but most are POS so not decentralized. Others have no real communities but just act as BTC's testnet (LTC) and others are just company-backed tokens (XRP). I haven't just landed here, you are talking to someone researching cryptocurrencies for almost 8 years. I've stayed close to communities like EOS, Waves, Cardano, Ethereum for years and left disappointed and disgusted sometimes. All have issues that BCH never had or has right now resolved. To me, BCH is the Bitcoin I found when I joined in March 2017. The permissionless money system that was bypassing the financial establishment and acting for the people, not for just a small part that can afford high fees and wants to use fiat for everyday payments instead.
Honestly yeah, I can see LTC atleast doing a 2X - 3X from here.
Hopefully it’s the end of downturn for Litecoin (LTC)
Wow LTC and DASH - must be coping hard since 2017… and BCH (really?)
It's only reasonable to buy altcoins that got a huge uptick in the last bullrun. Coins like LTC, DASH, BCH, COMP, MKR, ICP will melt faces again regardless of what you think of them as past glory! As for the new boys, sleep on FET, SOL, TAO at your own doom!
Yes, I have added MWEB to Electrum-LTC, dubbed Electrum MWEB. Currently the Litecoin Foundation who is maintaining Electrum-LTC doesn't have the feedback to review and merge the changes. Nevertheless it's working flawlessly for me and it even has support for storing MWEB coins on Ledger Nano S/S+.
Is it possible for a person using something like Electrum-LTC or another light wallet to use MWEB yet or does it still require a full wallet? I was so excited for MWEB years ago and the fact that it was limited only to people who ran their own full node was incredibly disappointing lmao
> Also, historically, the ETH/BTC ratio of 0.038 Historically, long term ALL Alts follow the same trend and fall below the initial BTC value they started at when they first became available at exchanges. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. ETH never recovered anywhere near its 2017 high of 0.15 in 2021. It might find a lower high but long term it's headed to below 0.01 BTC. | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.038 BTC
Until proven wrong and everyone will get surprised by second best to BTC = Litecoin and the other OG Dyno = XRP You will see, it takes time to cook, those charts are cooked enough, 7 years of sideways, double top, higher lows, onchain activity, mweb stacking up and a hole for 3rd ETF ever in crypto for LTC. It's undervalued... 7 years in row
So I started investing in crypto from 2017. Went through the 2017/18 alt season (e.g. LTC, XRP, REQ, XRB, VET, ICX) and saw another alt season in 2021 (e.g. DOT, SOL, MANA, ADA). So if we get an alt season starting in Q4 2024 or next year, it will be three alt seasons in a row right on cue after the Bitcoin halving. People are dumb but they are not that dumb. If they see something that repeats over and over, then even an idiot can spot the pattern. And the pattern is that after the alt season, it is season over for the alts until the next alt season (which would be 2028, 2029). So that is why I believe that while alt season will occur, it will be muted this time around with everyone and their moms exiting through the doors. And whatever narrative that we attach this time around (e.g. RWA, AI, Bitcoin L2), no one will be able to say with a straight face that alts are worth holding through the bear markets of 2026 and 2027. So why do we even have an alt season? Well, if Bitcoin goes up in late 2024 and 2025, then after a while, Bitcoin will inevitably saturate somewhere. And this money will go into something else that is similar enough that hasn't gone up as much as Bitcoin. This is the only reason alt season occurs (cryptomarket hot and Bitcoin being saturated). And once that happens, we will all get our alt season. However, this will be an alt season unlike 2017 and 2021. Back then, people actually believed that a lot of these projects were the future and were all in. In 2025 alt season, everyone will pretend that they are all in, but in reality they will have one foot out the door. Make sure that the door doesn't get shut on you this time around. You truly would feel like a moron if you are holding an alt bag throughout 2026 and 2027.
“AI and memes bro! XRP, LTC and other coins with merit, longevity in this space? Fking dinosaur coins!” You’re a fool if you give this kind of input any credence.
This bullrun is AI and memes. Tech coins won’t do any better than XRP LTC and other dinosaur coins did in 2021
If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC
Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. You can see top 10 Alts that have been around for a while like ADA and ETH are also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC | ADA | 480 SATS| 7,300 SATS | 600 SATS Alts eventually reach saturation at some point and if it hasn't already begun it's going to be a continuous long term trend of losses against BTC. Noobs fall for short time frames of out-performance and drink the kool-aid on Alts but their use case, utility and fundamentals are entirely fictional unless BTC goes on a bullrun and lifts up the entire market and that valuation mostly evaporates after that. If you want maximum gains in crypto, you're either only in BTC or rolling gains from Alts into BTC before they bleed out.
You're half right but NEO won't be going anywhere. If you want to strike it rich in crypto buy LTC now, it's front loaded.
I mean, as much as I like Bitcoin and blockchain technology, you can’t hide from the fact that BTC works horrendously as a currency. How many of you even use it for its sole purpose? There are plenty of better options out there. Solana, LTC, USDC etc. ‘store of value’ could be a play - but it was intended to be a currency for p2p transactions, and it just fails miserably at this. Not many people want to hold their wealth in a currency which fluctuates as much as BTC does, one day your 10k is worth 10k, the next it’s worth 5k, it’s not appealing. I’m just here to trade it and make money, which is what 99% of people do.
> And it's not that all alts are following the same trend. SOL/BTC for example is much stronger, Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. ETH is just following the long term trend of every ALT. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern long term. | | Initial | High | Current | |:-----------|------------:|:------------:|:------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC SOL will be no different. It's a hyped Alt. It's going to reach saturation at some point and if it hasn't already begun it's going to be a continuous long term trend of losses against BTC. It'll be difficult to know when because of short time frames of out-performance. If you want maximum gains in crypto, you're either in BTC or rolling gains from Alts into BTC before they bleed out.
LTC and maybe ETH
You need two accounts... Long term storage... BTC And a trading account.... I like the classics for this ... BTC, Doge,LTC, bch... If they all follow BTC... There's money to be made with these.
The problem with Alts is that 99% they pump and dump and fade into obscurity. Even the most successful Alts pump but eventually lose out massively against BTC. If you look at the most successful Alts long term, you can see they ALWAYS go back to and below their initial BTC value -- here you can see the trend of where even ETH is headed for the same fate. | | Initial | High | Current | |:-----------|------------:|:------------:|:------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC The problem with Alts is that they cannot CANNOT attract capital on their own. Even when you look at the most successful Alt ETH, you can see that it only appreciates and attracts capital after money flows into BTC and flows out seeking more profit. The entire hope of Alt appreciation comes from BTC going on a bullrun and hoping profits flow to them. - Summer 2017, ETH hits ATH of $400 after BTC hits local top of $3,000 - January 2018, ETH hits ATH of $1,400 after BTC hits cycle top of $20K - May 2021, ETH hits ATH after BTC tops out in April 2021 - Nov 2021. ETH hits ATH in December after BTC tops out in November 2021 If you look at the Grayscale Trust products for other cryptos and the ETH ETF, you can see there is practically zero interest in anything else besides BTC for TradFi. Even ETH has zero ability to attract money when BTC is not in a bullrun. | | Net Inflows | |:-----------|------------:| | BTC | +$17.04 Billion| | ETH | -$562 Million| What this leads to is a saturation point for Alts and they either dump to obscurity or in a best case scenario they continue to lose value to BTC long term.
> ETH is just another Altcoin Exactly, ETH is just another Alt. Alts cannot CANNOT attract capital on their own. ETH as an Alt only appreciates and attracts capital after money flows into BTC and flows out seeking more profit. - Summer 2017, ETH hits ATH of $400 after BTC hits local top of $3,000 - January 2018, ETH hits ATH of $1,400 after BTC hits cycle top of $20K - May 2021, ETH hits ATH after BTC tops out in April 2021 - Nov 2021. ETH hits ATH in December after BTC tops out in November 2021 ETH is just another Alt and the its ETF has zero ability to attract money when BTC is not in a bullrun. | | Net Inflows | |:-----------|------------:| | BTC | +$17.04 Billion| | ETH | -$562 Million| ETH is just another Alt and Alt ratios ALWAYS go back to and below their initial BTC value meaning long term, ETH is waaay overpriced. | | Initial | High | Current | |:-----------|------------:|:------------:|:------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | **0.041 BTC**
Paypal only offers their token (PYUSD), Bitcoin, Eth, Litecoin and BCash, it looks like this is really trying to push PYUSD adoption. Kinda neat though if you were looking to use an ENS to collect/send money. For internal transfers the minimum transfer amount is 0.01. But for external it's: .001 BTC .01 LTC .01 ETH .01 BCash 10 ERC-20 PYUSD 1 SOL PYUSD
Reminder, Alt ratios ALWAYS go back to and below their initial BTC value meaning long term, ETH is waaay overpriced. | | Initial | High | Current | |:-----------|------------:|:------------:|:------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | **0.041 BTC** Reminder, ETH is an Alt. Alts cannot CANNOT attract capital on their own. ETH as an Alt only appreciates and attracts capital after money flows into BTC and flows out seeking more profit. - Summer 2017, ETH hits ATH of $400 after BTC hits local top of $3,000 - January 2018, ETH hits ATH of $1,400 after BTC hits cycle top of $20K - May 2021, ETH hits ATH after BTC tops out in April 2021 - Nov 2021. ETH hits ATH in December after BTC tops out in November 2021 Reminder, ETH is an Alt and the its ETF has zero ability to attract money when BTC is not in a bullrun. | | Net Inflows | |:-----------|------------:| | BTC | +$16.9 Billion| | ETH | -$570 Million|
Heavily manipulated like most cryptos. SOL’s problem is with any spike in usage their network crashes. Anything that is not Proof of work that is governed by a few is manipulated. I’d rather own ETC over ETH… my personal favorite that is used for a lot of transactions with real use is LTC but BTC will always be the Gold Standard
Pepecoin, not some shi* token. Level 1 dogecoin clone. We are entering our 2nd halving. We currently trade on xeggex and a few smaller exchanges have self listed us. The community chimes in big time when it comes to the crypto world. We have a great one and it is growing every day. Pepecoin.org. We are most active here and in discord. You will find very generous donors for the coin as well. All of us are believers in the project. And funding comes from our pockets. Fair laugh, no premine. BTC, LTC, DOGE, PEP to the moon baby!
Would anyone else rather have $15,000 in almost any other top coin besides BTC at the moment? I would take $15k BCH or LTC at the moment over BTC. (they do pretty much the same thing) As money comes back into crypto i think it will go to projects that are growing but are not over populated.
I wish I just bought LTC, it's holding better than most vapourware
You seem to be using high leverage but nevertheless just simplify it by calculating in tokens. If you are longing LTC which is 60 right now with $10 and 6x margin you will profit $1 for ever $1 LTC moves upward. Of course, you will be loosing the same amount at the same rate when it goes down. In general I would advise that you use low leverage until you figure everything out.
INJ can go to $1, SOL to $9, I don’t know about the other ones. But LTC lower than $50? Doubt it.
I was "diversifying" back in 2013/14 (BTC 80% and 20% LTC, Doge, ETH ...). Only Bitcoin matters.
I have RENDER, NEAR, RAY, AVAX, SOL, MATIC, LTC, ETH and BTC. Those are the important ones, I have some shitty ones too but not expecting much from them.
*Long term Ethereum is overvalued and has to fall below 0.01 BTC where it started because it is an Alt and every single Alt has followed that rule* ######1. Alts CANNOT attract capital on their own. ETH as an Alt only appreciates and attracts capital after money flows into BTC and flows out seeking more profit. Historically money flows from BTC to ETH and other Alts after it starts topping out and/or gets stuck at a local top. Look at the spring to summer 2017, then December 2017 and January 2018. Look at 2021, BTC tops around March 2021 and ETH reaches BTC high in ratio and USD around May. BTC tops around October 2021 and ETH reaches BTChigh in ratio and USD around December. ETH does not attract capital and move on its on. Like Alts, it gets capital flow from BTC or gets capital as a 2nd order crypto as BTC attracts capital to the space when it goes on a run. ######2. Alt ratios ALWAYS go back to and below their initial BTC value. ETH as an Alt will in the long term fall below 0.01 BTC value where it initially started at Looking back at all most successful Alts: - LTC started at 0.03 BTC in early 2013. It pumped and dumped and currently sits at 0.001 - XRP started at 5594 sats in 2013. It pumped and dumped and currently sits at 959 sats - XMR started at 0.003 in 2014. It pumped and dumped and currently sits at 0.003 - ETH started at 0.01 in 2015. It's pumped to 0.15 and dumped to a current value of 0.04 which is still 4X higher than its initial value ETH has had a longer runway because it has more usage, utility and hype than the other Alts. But even ETH will eventually reach a saturation point with the number of technically competent people willing to buy it at a high price to play DeFi. Stablecoins are becoming a huge crypto use case and multiple chains not just Ethereum are and will be used as rails for them. BTC will continue to appreciate ever more slowly as it matures as an asset and just like with every other Altcoin ETH will not be able to keep up. BTC's narrative and use is much more compelling than ETHs. There is no greater proof of this that the: - -$500 Million in net inflows in the ETH ETF vs - +$17.6 BILLION in net inflows in the BTC ETF ######3. ETH utility proposition will not save its falling value to BTC ETHs value appreciation comes not from utility but like all Alts from capital and liquidity brought by BTC -- see point 1. Also, in order to compete with other chains, Ethereum will have to scale and that has seen the rise of L2/sidechains which results in loss transaction fees and MEV tips essentially stealing value from ETH. This essentially turns Ethereum, Solana, BSC, Tron, L2/Sidechains, etc into competing networks for DeFi casinos and rails for StablecCoin transfers where they have to remain cheap or utility and users will move to competing chains. BTC on the other hand has no competition. It doesn't have to scale, it doesn't have to become cheap, it doesn't have to keep advancing, it doesn't have to keep up with the competition because there is no competition. *All this points are illustrated with ETH value is already being less than 1/3 BTC value from the summer of 2017 an continuing to trend lower over time. A short time frame of possible ETH out-performance if/when BTC goes on a big bullrun will draw short-sighted fools and their money who will over time watch with despair the falling ratio just as /r/ethfinance is doing so today.*
*Long term Ethereum is overvalued and has to fall below 0.01 BTC where it started because it is an Alt and every single Alt has followed that rule* ######1. Alts CANNOT attract capital on their own. ETH as an Alt only appreciates and attracts capital after money flows into BTC and flows out seeking more profit. Historically money flows from BTC to ETH and other Alts after it starts topping out and/or gets stuck at a local top. Look at the spring to summer 2017, then December 2017 and January 2018. Look at 2021, BTC tops around March 2021 and ETH reaches BTC high in ratio and USD around May. BTC tops around October 2021 and ETH reaches BTChigh in ratio and USD around December. ETH does not attract capital and move on its on. Like Alts, it gets capital flow from BTC or gets capital as a 2nd order crypto as BTC attracts capital to the space when it goes on a run. ######2. Alt ratios ALWAYS go back to and below their initial BTC value. ETH as an Alt will in the long term fall below 0.01 BTC value where it initially started at Looking back at all most successful Alts: - LTC started at 0.03 BTC in early 2013. It pumped and dumped and currently sits at 0.001 - XRP started at 5594 sats in 2013. It pumped and dumped and currently sits at 959 sats - XMR started at 0.003 in 2014. It pumped and dumped and currently sits at 0.003 - ETH started at 0.01 in 2015. It's pumped to 0.15 and dumped to a current value of 0.04 which is still 4X higher than its initial value ETH has had a longer runway because it has more usage, utility and hype than the other Alts. But even ETH will eventually reach a saturation point with the number of technically competent people willing to buy it at a high price to play DeFi. Stablecoins are becoming a huge crypto use case and multiple chains not just Ethereum are and will be used as rails for them. BTC will continue to appreciate ever more slowly as it matures as an asset and just like with every other Altcoin ETH will not be able to keep up. BTC's narrative and use is much more compelling than ETHs. There is no greater proof of this that the: - -$500 Million in net inflows in the ETH ETF vs - +$17.6 BILLION in net inflows in the BTC ETF ######3. ETH utility proposition will not save its falling value to BTC ETHs value appreciation comes not from utility but like all Alts from capital and liquidity brought by BTC -- see point 1. Also, in order to compete with other chains, Ethereum will have to scale and that has seen the rise of L2/sidechains which results in loss transaction fees and MEV tips essentially stealing value from ETH. This essentially turns Ethereum, Solana, BSC, Tron, L2/Sidechains, etc into competing networks for DeFi casinos and rails for StablecCoin transfers where they have to remain cheap or utility and users will move to competing chains. BTC on the other hand has no competition. It doesn't have to scale, it doesn't have to become cheap, it doesn't have to keep advancing, it doesn't have to keep up with the competition because there is no competition. *All this points are illustrated with ETH value is already being less than 1/3 BTC value from the summer of 2017 an continuing to trend lower over time. A short time frame of possible ETH out-performance if/when BTC goes on a big bullrun will draw short-sighted fools and their money who will over time watch with despair the falling ratio just as /r/ethfinance is doing so today.*