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Author Topic: LTC has no USD value  (Read 1720 times)
bitpop (OP)
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December 20, 2013, 11:16:46 AM
 #21

You can say that when those coins use their own source code. And you should look up arbitrage and forex. You'll learn something.

bitpop (OP)
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December 20, 2013, 11:17:17 AM
 #22

Yes, you are correct,

How about transfer yours worthless LTC coins to me?

I don't keep any worthless alt coins.

Snail2
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December 20, 2013, 11:43:26 AM
 #23

I don't keep any worthless alt coins.

Then why do you keep that LTC wallet address in your signature Smiley?
kileris
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December 20, 2013, 11:50:47 AM
 #24

thanks for letting us know bro
jubalix
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December 20, 2013, 11:54:27 AM
 #25

It gets its USD value from BTC

That's the definition of "alternate" coin, it will never be a primary, ever. Actually, it's impossible.

Wow Much true -

but i make much % when LTC go up with BTC

  - Quark making whole new currency , new investor base ! much wow ! 

QRK booster adopting dogecoin speak.....

Admitted Practicing Lawyer::BTC/Crypto Specialist. B.Engineering/B.Laws

https://www.binance.com/?ref=10062065
Hunterbunter
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December 20, 2013, 11:56:10 AM
 #26

Ltc=btc/usd otherwise you can arbitrage
It will never have it's own usd value

What the hell are you claiming ?
You can buy Litecoin directly with FIAT money. If you can buy it with FIAT, it has a price.

Oh maybe you want to talk about value ? What's value then ? What make something valuable ? Come on, tell us what you think...

Whoosh.

Do you know what arbitrage is?

If you could sell 100 bitcoins for $100,000,
and you could buy 100,000 litecoins for $100
and sell 100,000 litecoins for 1000 bitcoins

What would you do?
bitpop (OP)
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December 20, 2013, 12:07:09 PM
 #27

That's above these people's heads

superresistant
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December 20, 2013, 12:16:11 PM
 #28

Ltc=btc/usd otherwise you can arbitrage
It will never have it's own usd value
What the hell are you claiming ?
You can buy Litecoin directly with FIAT money. If you can buy it with FIAT, it has a price.
Oh maybe you want to talk about value ? What's value then ? What make something valuable ? Come on, tell us what you think...
Whoosh.
Do you know what arbitrage is?
If you could sell 100 bitcoins for $100,000,
and you could buy 100,000 litecoins for $100
and sell 100,000 litecoins for 1000 bitcoins
What would you do?

I am doing arbitrage with USD EUR YUAN LTC BTC.
I am doing this to increase my overall wealth.
What's your point ?
bitpop (OP)
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December 20, 2013, 12:21:01 PM
 #29

That's why ltc has no massive usd value

Hunterbunter
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December 20, 2013, 12:26:01 PM
 #30

Ltc=btc/usd otherwise you can arbitrage
It will never have it's own usd value
What the hell are you claiming ?
You can buy Litecoin directly with FIAT money. If you can buy it with FIAT, it has a price.
Oh maybe you want to talk about value ? What's value then ? What make something valuable ? Come on, tell us what you think...
Whoosh.
Do you know what arbitrage is?
If you could sell 100 bitcoins for $100,000,
and you could buy 100,000 litecoins for $100
and sell 100,000 litecoins for 1000 bitcoins
What would you do?

I am doing arbitrage with USD EUR YUAN LTC BTC.
I am doing this to increase my overall wealth.
What's your point ?


The point is you're arguing with a noob. It was irony.
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