Topic: Litecoin less than historic dump (Read 3279 times)
I'm enjoying the opportunity to snap up shares on litecoinglobal with heavily devalued currency. Not to mention the fact that the best yielding security on LTC-GLOBAL determines dividends based on the LTC/USD conversion rate. That means that as LTCs have dropped dividends have sky rocketed.
I hope LTC price keeps going down so the difficulty does too, I want to mine as much as possible with my 2.5 mh/s before ASICs take over bitcoin.
oh boy you must be really bored.
alright I yield to your great trolling powers!
alright I yield to your great trolling powers!
Yes I'm bored, which makes you backpedal.
Thank you for the compliment!
Long live the troll!
oh boy you must be really bored.
alright I yield to your great trolling powers!
alright I yield to your great trolling powers!
I wasn't arguing just mentioning the simple fact.
But since you're asking for it: Unless you mined them you have the same issues each time you make a trade. Even when you withdraw them to your wallet. (I have btw)
But since you're asking for it: Unless you mined them you have the same issues each time you make a trade. Even when you withdraw them to your wallet. (I have btw)
No one said you were arguing. I would call it backpedaling. LOL!
"obviously"
I wasn't arguing just mentioning the simple fact.
But since you're asking for it: Unless you mined them you have the same issues each time you make a trade. Even when you withdraw them to your wallet. (I have btw)
But since you're asking for it: Unless you mined them you have the same issues each time you make a trade. Even when you withdraw them to your wallet. (I have btw)
obviously 
Yes. Obviously you forgot to mention that as part of your argument initially. LOL good job buddy!
obviously
It's the same thing with btc-e though.
Solution: Don't keep your LTC there unless you are selling.
Solved.
LOL
It's the same thing with btc-e though.
Stocks can be a good idea done right, they can provide a few extra LTC, keep you from spending the current LTC you have. If you have a share that you buy for $5 in LTC, and then the value of LTC drops, that share should still be worth around $5 in LTC, so you made a LTC profit. That isn't always the case though; there are always scammers, low liquidity so you can't sell off as fast as you would like and may be forced to sell for less than you would like, LTC value increase and your stocks are worth less, etc.
I bought a few hundred LTC Global stocks @ 26 LTC each a long while ago, right as it was starting to get some attention. That was about $1-$.75 per share, going for about 200 LTC now @ $.06, $12. Well neat.
I bought a few hundred LTC Global stocks @ 26 LTC each a long while ago, right as it was starting to get some attention. That was about $1-$.75 per share, going for about 200 LTC now @ $.06, $12. Well neat.
Two issues:
1. Counter party risk
2. Liquidity
Stocks can be a good idea done right, they can provide a few extra LTC, keep you from spending the current LTC you have. If you have a share that you buy for $5 in LTC, and then the value of LTC drops, that share should still be worth around $5 in LTC, so you made a LTC profit. That isn't always the case though; there are always scammers, low liquidity so you can't sell off as fast as you would like and may be forced to sell for less than you would like, LTC value increase and your stocks are worth less, etc.
I bought a few hundred LTC Global stocks @ 26 LTC each a long while ago, right as it was starting to get some attention. That was about $1-$.75 per share, going for about 200 LTC now @ $.06, $12. Well neat.
I bought a few hundred LTC Global stocks @ 26 LTC each a long while ago, right as it was starting to get some attention. That was about $1-$.75 per share, going for about 200 LTC now @ $.06, $12. Well neat.
Okies, if you say so.
Oh you're one of those...everyone's a liar until proven otherwise.
What do you want me to do...send you my login and password to litecoinglobal? No thanks.
I could send you the spreadsheet I created for portfolio tracking, but you'd likely just call it made up.
You believe whatever you like. Fact is, most people invest poorly, particularly with cryptocoins. They sell high yield stocks right after dividends are paid and horribly overpay right before they're paid out. It's easy to turn a profit doing the opposite of the herd.
Deposits = 11456.72181580, withdrawals = 4404.16739096. Net deposits = 7052.5542484.
Current value = 10143.65. (10143.65 - 7052.554284)/7052.5542484 = 43.82944968%
This includes both transactions fees and dividends.
What do you want me to do...send you my login and password to litecoinglobal? No thanks.
I could send you the spreadsheet I created for portfolio tracking, but you'd likely just call it made up.
You believe whatever you like. Fact is, most people invest poorly, particularly with cryptocoins. They sell high yield stocks right after dividends are paid and horribly overpay right before they're paid out. It's easy to turn a profit doing the opposite of the herd.
Deposits = 11456.72181580, withdrawals = 4404.16739096. Net deposits = 7052.5542484.
Current value = 10143.65. (10143.65 - 7052.554284)/7052.5542484 = 43.82944968%
This includes both transactions fees and dividends.
It didn't happen.
Oh you're one of those...everyone's a liar until proven otherwise.
What do you want me to do...send you my login and password to litecoinglobal? No thanks.
I could send you the spreadsheet I created for portfolio tracking, but you'd likely just call it made up.
You believe whatever you like. Fact is, most people invest poorly, particularly with cryptocoins. They sell high yield stocks right after dividends are paid and horribly overpay right before they're paid out. It's easy to turn a profit doing the opposite of the herd.
Deposits = 11456.72181580, withdrawals = 4404.16739096. Net deposits = 7052.5542484.
Current value = 10143.65. (10143.65 - 7052.554284)/7052.5542484 = 43.82944968%
This includes both transactions fees and dividends.
What do you want me to do...send you my login and password to litecoinglobal? No thanks.
I could send you the spreadsheet I created for portfolio tracking, but you'd likely just call it made up.
You believe whatever you like. Fact is, most people invest poorly, particularly with cryptocoins. They sell high yield stocks right after dividends are paid and horribly overpay right before they're paid out. It's easy to turn a profit doing the opposite of the herd.
Deposits = 11456.72181580, withdrawals = 4404.16739096. Net deposits = 7052.5542484.
Current value = 10143.65. (10143.65 - 7052.554284)/7052.5542484 = 43.82944968%
This includes both transactions fees and dividends.
Invested on 11/9. Up 43.83%, thanks.
Not really interested in entertaining you, only sharing perspective.
Not really interested in entertaining you, only sharing perspective.
LOL
Invested into...
Invested how much...??
Proof or it did not happen lol.
Wait, wait, wait you're going to say..."I don't need to prove anything"....but yet make baseless claims of "profit".
LOL
P.S. No one said you had a say in entertaining me. I'm already entertained and I am quite sure I will be entertained in the days and weeks to come.
Invested on 11/9. Up 43.83%, thanks.
Not really interested in entertaining you, only sharing perspective.
Not really interested in entertaining you, only sharing perspective.
If counter party risk is the boogeyman you fear then don't invest. Clearly it's riskier to invest than not, but counter party risk is not what's wiped out 33% of LTC's value in the last couple weeks and 100% of LTC value could theoretically be wiped out overnight with zero counter party risk.
Investing your LTC in dividend bearing shares rather than just sitting on them a couple weeks ago would've resulted in precisely the same number of shares owned today and some dividend growth since.
Investing your LTC in dividend bearing shares rather than just sitting on them a couple weeks ago would've resulted in precisely the same number of shares owned today and some dividend growth since.
LOL go invest your money then...watch your investment lose over time.
Or ...be scammed. lol
I've seen this movie before. Please entertain me.
If counter party risk is the boogeyman you fear then don't invest. Clearly it's riskier to invest than not, but counter party risk is not what's wiped out 33% of LTC's value in the last couple weeks and 100% of LTC value could theoretically be wiped out overnight with zero counter party risk.
Investing your LTC in dividend bearing shares rather than just sitting on them a couple weeks ago would've resulted in precisely the same number of shares owned today and some dividend growth since.
Investing your LTC in dividend bearing shares rather than just sitting on them a couple weeks ago would've resulted in precisely the same number of shares owned today and some dividend growth since.
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