just pointing out methods where some are getting LTC for cash.
next is cash for LTC
patience
next is cash for LTC
patience
Yer but you should have Buying Litecoins as the title
Topic: LTC up to $1 - page 4. (Read 8015 times)
Yer but you should have Buying Litecoins as the title
just pointing out methods where some are getting LTC for cash.
next is cash for LTC
patience
next is cash for LTC
patience
meanwhile in the UK
https://bitbargain.co.uk/buy?thing=LTC
and when the lil stash of FIAT grows from selling for fiat, the tide will change grabbing LTC from anyone to put into their bank account.
its happening. watch this space
https://bitbargain.co.uk/buy?thing=LTC
and when the lil stash of FIAT grows from selling for fiat, the tide will change grabbing LTC from anyone to put into their bank account.
its happening. watch this space
So this is a 3rd party escrow for payments?
I don't get it.
meanwhile in the UK
https://bitbargain.co.uk/buy?thing=LTC
and when the lil stash of FIAT grows from selling for fiat, the tide will change grabbing LTC from anyone to put into their bank account.
its happening. watch this space
https://bitbargain.co.uk/buy?thing=LTC
and when the lil stash of FIAT grows from selling for fiat, the tide will change grabbing LTC from anyone to put into their bank account.
its happening. watch this space
if bitpay integrated it, then suddenly tons of sites including Wordpress would be accepting LTC.
If anyone created a payment processor that accepts LTC in exchange for fiat into a merchant's bank account Litecoin would be no longer "just another alt coin".
You might just see that happening very shortly within the next 2 weeks or less. Stay tuned for more updates. Cant give any more spoilers that that, other than stay tuned for this u'll see some posts made by myself and others guaranteed. When it is ready it will be posted here and many other places.
Edited. Reason Boss man allowed to give some details
https://twitter.com/LTCPP
The market isn't really deep enough for someone like bitpay to accept it. Bitpay works by immediately selling on the exchanges the BTC you send to them for FIAT and then sending that fiat to the bank account of merchants the next day.
You can only trade LTC for USD at one exchange (BTC-e) and there is only about 3-4K USD of buy orders, most of which are at ridiculously low prices. If bitpay would accept LTC it would destroy the value after a couple purchases. Two people buy laptops with LTC at reasonable prices, and then bitpay would be quoting hundres of thousands of LTC for a laptop just to fill the last buy orders on the LTC/USD chart.
Wouldn't work. :-(
You can only trade LTC for USD at one exchange (BTC-e) and there is only about 3-4K USD of buy orders, most of which are at ridiculously low prices. If bitpay would accept LTC it would destroy the value after a couple purchases. Two people buy laptops with LTC at reasonable prices, and then bitpay would be quoting hundres of thousands of LTC for a laptop just to fill the last buy orders on the LTC/USD chart.
Wouldn't work. :-(
If you did your research you would know that the daily average (over the past 6 months)of LTC/BTC volume measured in fiat ($) is about $20,000. The LTC/USD average is about $5000 daily.
That is $25,000 that trades hands each day.
Putting in sell orders through out the day for a payment processor to cash out isn't that impossible.
If a payment processor accepted LTC and merchants came online selling say electronics for LTC, LTC price would go much higher than $0.07 each.
The market isn't really deep enough for someone like bitpay to accept it. Bitpay works by immediately selling on the exchanges the BTC you send to them for FIAT and then sending that fiat to the bank account of merchants the next day.
You can only trade LTC for USD at one exchange (BTC-e) and there is only about 3-4K USD of buy orders, most of which are at ridiculously low prices. If bitpay would accept LTC it would destroy the value after a couple purchases. Two people buy laptops with LTC at reasonable prices, and then bitpay would be quoting hundres of thousands of LTC for a laptop just to fill the last buy orders on the LTC/USD chart.
Wouldn't work. :-(
You can only trade LTC for USD at one exchange (BTC-e) and there is only about 3-4K USD of buy orders, most of which are at ridiculously low prices. If bitpay would accept LTC it would destroy the value after a couple purchases. Two people buy laptops with LTC at reasonable prices, and then bitpay would be quoting hundres of thousands of LTC for a laptop just to fill the last buy orders on the LTC/USD chart.
Wouldn't work. :-(
Or convince SilkRoad merchants to accept it! lol (kidding of course, I'd rather see LTC succeed on its own - which I think it can)
Vendor acceptance is the only way to increase real value. Anything else you can imagine is just a form of speculative bubble that will eventually pop.
if bitpay integrated it, then suddenly tons of sites including Wordpress would be accepting LTC.
If anyone created a payment processor that accepts LTC in exchange for fiat into a merchant's bank account Litecoin would be no longer "just another alt coin".
if bitpay integrated it, then suddenly tons of sites including Wordpress would be accepting LTC.
We have to wait for mainstream adoption of ASICs for BTC mining. After that many of the GPU miners would want to get into LTC.
I (and I think a lot of other litecoin believers) would like to see a value increase for litecoins contains to USD over time. Up to USD 1.- would be nice. Now I want to talk about the ways to go there. I'm aware of pumps are mostly followed by dumps, so that may isn't the way to go as long as the most people involved actually don't believe in LTCs long term success. Market grow through more services and businesses using it may also be very hard because most will prefer BTC if any decentralized commodity/currency at all. Anyone has some great ideas to achieve a long term success?
+1
I hope to see it go to $1 but i have no idea on how to do it
So after 840,000 blocks the reward will half would this help ...
I certainly have confidence in Litecoin and would like to see its long term success
I (and I think a lot of other litecoin believers) would like to see a value increase for litecoins contains to USD over time. Up to USD 1.- would be nice. Now I want to talk about the ways to go there. I'm aware of pumps are mostly followed by dumps, so that may isn't the way to go as long as the most people involved actually don't believe in LTCs long term success. Market grow through more services and businesses using it may also be very hard because most will prefer BTC if any decentralized commodity/currency at all. Anyone has some great ideas to achieve a long term success?
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