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Topic: Uh, you might want to start buying some Litecoins... (Read 1787 times)

legendary
Activity: 2450
Merit: 1047
I read they are launching a litecoin foundation,to fully support litecoin development and support also read about the price of litecoin going up this year,this is a good development after all these years they are lagging behind,only the chinese supporters are what keeps them on the top 10.
hero member
Activity: 756
Merit: 502
in value use dollar litecoin price in stable price not extrem down, litecoin still over 3 dollar
this now litecoin price in level 3.72 dollar
but if price use value bitcoin is very extrem down price, because litecoin price this now in level 400k satoshi
so bitcoin price incraese high, in altcoin use value price bitcoin is down, but if price use dollar is still stable price

That's a pretty bad argument. Only the price in bitcoins matters because however, you could have simply kept the bitcoins and you would be richer in fiat now. That's I big mistake many traders do I think. You shouldn't care about fiat, that's useless and that will lead you to bad decisions based from a flawed point of view.
hero member
Activity: 518
Merit: 500
No i won't buying litecoin at least for now, there are some reasons for me not buy litecoin.
1. Litecoin is expensive than other altcoins, still there are many altcoins more cheap than it.
2. I must use much capital for trading altcoins in litecoin to bitcoins.
3. I am not colector coin, i am trader altcoins whom looking for the coins can give profit with small capital.  Grin
hero member
Activity: 3038
Merit: 628
Vave.com - Crypto Casino
Still I'm not convinced with those pictures and without caption I don't know what it is all about, I can also put that "its not hard to convince a millionaire to get back to zcash." And who is that billionaire referring to mate?

Yes this is just another attempt to hype a stagnating cryptocoin like LTC. Do you think a rational investor or trader will buy litecoin now just because someone in the forum told us to? Look at the price of bitcoin and litecoin, the wiser choice is to hold all your bitcoin now. Litecoin's price is falling against bitcoin's price and it will not go up unless bitcoin is falling.

Yes, it is hard to believe because anyone can just simply do anything with the caption or probably that site is not going to be used for mining litecoins or any investment that is related to litecoin. It looks like something that is going to be an office of logistics or I don't know. Well even with this, I will still invest and hold LTC.
sr. member
Activity: 434
Merit: 250
A little info would be good.
Why choose LTC over Bitcoin or any other currency? Is the ROI on the gear that much sooner?
Would love to hear some reasoning. Seems like unless you have some really great plan or inside information about Litecoin,
there might be more profitable coins to mine if you are able to get a backer to make a big investment.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
actually ltc for now is good to buy because its in the bottom but i am afraid that the price will go to under again. but if there is a way i can see that the price is going to go up, then i might be buying ltc to increase my stock as i have litecoin for free  Grin and i am ready to waiting for the increasing of the litecoin price.
legendary
Activity: 3010
Merit: 1460
Still I'm not convinced with those pictures and without caption I don't know what it is all about, I can also put that "its not hard to convince a millionaire to get back to zcash." And who is that billionaire referring to mate?

Yes this is just another attempt to hype a stagnating cryptocoin like LTC. Do you think a rational investor or trader will buy litecoin now just because someone in the forum told us to? Look at the price of bitcoin and litecoin, the wiser choice is to hold all your bitcoin now. Litecoin's price is falling against bitcoin's price and it will not go up unless bitcoin is falling.
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
If you were a billionaire you could start your own coin and make a lot more money.

Don't have to be a billionaire to do that...all you need is a PC or 2 and some time to spare. Billionaires would probably be better off going down the mining route, multiple reasons why Wink
newbie
Activity: 42
Merit: 0
If you were a billionaire you could start your own coin and make a lot more money.
sr. member
Activity: 335
Merit: 250
Posted all over exchange trollbox as well, what's your endgame here mister?

& Why can't we see what's in those boxes?  You know the internet loves unboxing pictures more than anything else...

...and I already have some litecoin Smiley

There's a couple A4's unboxed in one of the pictures.  I have a feeling these are all A4's and those bigger boxes are the bundles of psu's.
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
Posted all over exchange trollbox as well, what's your endgame here mister?

& Why can't we see what's in those boxes?  You know the internet loves unboxing pictures more than anything else...

...and I already have some litecoin Smiley
legendary
Activity: 1386
Merit: 1002
Don't looking great.
There are many biggest mining farm in China than that.
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
Is there something in litecoin that will make us buy instead of bitcoin when it's pretty obvious there's an ongoing Bitcoin pump in the market,Litecoin is good but not really better than they used to be 2 or three years ago.

I am almost 100% sure that Litecoin price will start going up (Q1/2017).
sr. member
Activity: 2254
Merit: 258
Is there something in litecoin that will make us buy instead of bitcoin when it's pretty obvious there's an ongoing Bitcoin pump in the market,Litecoin is good but not really better than they used to be 2 or three years ago.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
Turns out convincing a billionaire to back LTC wasn’t as hard as I thought. If I were you I would start buying some Litecoins… Smiley

[i m g]https://i.imgur.com/abE843H.jpg[/img]

ok, i saw a picture of someone welding and some boxes, now i am rushing to my exchange to sign in and poor my money into litecoin.

as if i don't know litecoin is going down right now and the so called "billionaires" are those Chinese people who have always been pumping litecoin and they seem to be holding off at the moment because they are actively engaged with bitcoin.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
best place to get an A4? ?
hero member
Activity: 728
Merit: 500
 dballing has been on various litecoin forums for years. Definitely legit operation he's building. A lot of cash has been going into LTC infrastructure in the past four months explaining the 25 percent increase in hashrate.  
legendary
Activity: 1960
Merit: 1176
@FAILCommunity
I have no idea if this is all about litecoin because there is no proof that the set up is all about mining litecoin,it will be convincing if we are dealing with videos with a guy talking about his works and mentioning litecoin this pictures do not proof anything.

It should be an LTC farm if the miners are indeed A4's, but I can imagine what you were able to do with these if you mine with them back in early 2014. Smiley I bought my miners at about 6,600 euro/piece, so back then these would cost at least 20k euro. You can make ROI in 2 months tops (if we assume total cost is 1,2 million euro (miners + other stuff)).
hero member
Activity: 2926
Merit: 567
I have no idea if this is all about litecoin because there is no proof that the set up is all about mining litecoin,it will be convincing if we are dealing with videos with a guy talking about his works and mentioning litecoin this pictures do not proof anything.
legendary
Activity: 1960
Merit: 1176
@FAILCommunity

So 280MH x 50 = 14 GH. That's like ~101 LTC/day, which equals to ~$380 at current prices. Geez... things had changed a lot. Back in 2014 I was able to mine somewhere between $800 and $1200 worth of coins/day with my 7 x 60 MH A2's. Cheesy
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