Bitcoin Forum
September 05, 2024, 08:08:02 AM
Welcome,
Guest
. Please
login
or
register
.
News
: Latest Bitcoin Core release:
27.1
[
Torrent
]
Home
Help
Search
Login
Register
More
Bitcoin Forum
>
Alternate cryptocurrencies
>
Altcoin Discussion
>
Why i am going all out in litecoin
Pages: [
1
]
« previous topic
next topic »
Print
Author
Topic: Why i am going all out in litecoin (Read 462 times)
K210
(OP)
Hero Member
Offline
Activity: 1568
Merit: 507
Why i am going all out in litecoin
June 20, 2016, 08:26:22 AM
#1
Back at the start of this year i was unsure of litecoins future but with this eth fiasco and more scams being launched everyday i am sure now that litecoin is bitcoins successor. People will laugh now but by the end of this year i can guarantee they will be crying. Litecoin was launched in october of 2011 by coblee (Charlee lee an ex google software engineer) and was launched fairly, no premine, no ICO/IPO, no absurd promises and no greed. Just a vision to create a crypto as a true alternative to bitcoin. Litecoin grew naturally over the years, it took 9 months to grow from $0 to $0.05 and another 12 months to go to $2.50. Then 5 months later it went from $2.50 to $48. Many early adopters became rich overnight. No IPO/ICO and no hype just vision and humble progress.
Back at the start of this year litecoin was $3.20, now it is around $5.30. That is a $2.10 gain per coin in just 6 months time. Marketcap at start of year was around 145 million now it is 260 million. Litecoin is by no doubt growing only those with myopic vision would question it. People always say that litecoin has no development but why fix something that is not broken? Litecoin does its job as an alternative currency perfectly - it just works.
To get to the main point of this post i will be buying $300 of litecoin every week from now on, that is around 30% of my weekly pay. I encourage others who also think that litecoin is going to rise to do the same. I might revisit this thread someday as a millionaire or as someone who lost thousands of dollars. I think it will be the former.
freshman777
Sr. Member
Offline
Activity: 406
Merit: 250
Re: Why i am going all out in litecoin
June 20, 2016, 08:32:49 AM
#2
Going all in one coin is insanity, reckless gambling. Even Bitcoin. Especially Bitcoin.
ARDOR
- Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges,
NXT wallets:
core+lite
, mobile
Android
K210
(OP)
Hero Member
Offline
Activity: 1568
Merit: 507
Re: Why i am going all out in litecoin
June 20, 2016, 08:38:40 AM
#3
Quote from: freshman777 on June 20, 2016, 08:32:49 AM
Going all in one coin is insanity, reckless gambling. Even Bitcoin. Especially Bitcoin.
Crypto in general is risky, besides i hold plenty of other coins. I will be focusing more on LTC. If i lose my money so be it.
Amph
Legendary
Offline
Activity: 3248
Merit: 1070
Re: Why i am going all out in litecoin
June 20, 2016, 08:57:44 AM
#4
Quote from: freshman777 on June 20, 2016, 08:32:49 AM
Going all in one coin is insanity, reckless gambling. Even Bitcoin. Especially Bitcoin.
i don't agree on bitcoin, bitcoin is actually the only one where you can go all out, the average value prove it
swan77
Newbie
Offline
Activity: 44
Merit: 0
Re: Why i am going all out in litecoin
June 20, 2016, 10:03:35 AM
#5
I thought litecoin was done for when it went down to a dollar, then regretted not buying when the Chinese Ponzi scheme pumped it. After the Chinese Ponzi scheme crashed litecoin didn't crash back to a dollar again and I still regretted not buying at the bottom. I don't know if it's a good idea to go all in on litecoin but it could be a good bet.
Pages: [
1
]
Print
Bitcoin Forum
>
Alternate cryptocurrencies
>
Altcoin Discussion
>
Why i am going all out in litecoin
« previous topic
next topic »
Jump to:
Please select a destination:
-----------------------------
Bitcoin
-----------------------------
=> Bitcoin Discussion
===> Legal
===> Press
===> Meetups
===> Important Announcements
=> Development & Technical Discussion
===> Wallet software
=====> Electrum
=====> Bitcoin Wallet for Android
=====> BitcoinJ
=====> Armory
=====> Mycelium
=====> Hardware wallets
=> Mining
===> Mining support
===> Pools
===> Mining software (miners)
===> Hardware
=====> Group buys
===> Mining speculation
=> Bitcoin Technical Support
=> Project Development
-----------------------------
Economy
-----------------------------
=> Economics
===> Speculation
=> Marketplace
===> Goods
=====> Computer hardware
=====> Digital goods
=======> Invites & Accounts
=====> Collectibles
===> Services
===> Currency exchange
===> Gambling
=====> Games and rounds
=====> Investor-based games
=====> Gambling discussion
===> Lending
=====> Long-term offers
===> Securities
===> Auctions
===> Service Announcements
=====> Micro Earnings
===> Service Discussion
=====> Web Wallets
=====> Exchanges
=> Trading Discussion
===> Scam Accusations
===> Reputation
-----------------------------
Other
-----------------------------
=> Meta
===> New forum software
===> Bitcoin Wiki
=> Politics & Society
=> Beginners & Help
=> Off-topic
=> Serious discussion
===> Ivory Tower
=> Archival
===> Корзина
===> CPU/GPU Bitcoin mining hardware
===> Chinese students
===> Obsolete (buying)
===> Obsolete (selling)
===> MultiBit
-----------------------------
Alternate cryptocurrencies
-----------------------------
=> Altcoin Discussion
=> Announcements (Altcoins)
===> Tokens (Altcoins)
=> Mining (Altcoins)
===> Pools (Altcoins)
=> Marketplace (Altcoins)
===> Service Announcements (Altcoins)
===> Service Discussion (Altcoins)
===> Bounties (Altcoins)
=> Speculation (Altcoins)
-----------------------------
Local
-----------------------------
=> العربية (Arabic)
===> العملات البديلة (Altcoins)
=====> النقاشات
===> إستفسارات و أسئلة المبتدئين
===> التعدين
===> النقاشات الأخرى
===> منصات التبادل
=> Bahasa Indonesia (Indonesian)
===> Marketplace (Bahasa Indonesia)
===> Mining (Bahasa Indonesia)
===> Altcoins (Bahasa Indonesia)
===> Trading dan Spekulasi
===> Ekonomi, Politik, dan Budaya
===> Topik Lainnya
=> Español (Spanish)
===> Mercado y Economía
=====> Servicios
=====> Trading y especulación
===> Hardware y Minería
===> Esquina Libre
===> Mercadillo
=====> Mexico
=====> Argentina
=====> España
=====> Centroamerica y Caribe
===> Primeros pasos y ayuda
===> Altcoins (criptomonedas alternativas)
=====> Minería de altcoins
=====> Servicios
=====> Tokens (Español)
=> 中文 (Chinese)
===> 跳蚤市场
===> 山寨币
===> 媒体
===> 挖矿
===> 离题万里
=> Hrvatski (Croatian)
===> Trgovina
===> Altcoins (Hrvatski)
=====> Announcements (Hrvatski)
===> Off-topic (Hrvatski)
=> Deutsch (German)
===> Anfänger und Hilfe
===> Mining (Deutsch)
===> Trading und Spekulation
===> Projektentwicklung
===> Off-Topic (Deutsch)
===> Treffen
===> Presse
===> Altcoins (Deutsch)
=====> Announcements (Deutsch)
===> Marktplatz
=====> Auktionen
=====> Suche
=====> Biete
=> Ελληνικά (Greek)
===> Αγορά
===> Mining Discussion (Ελληνικά)
===> Altcoins (Ελληνικά)
=====> Altcoin Announcements (Ελληνικά)
=====> Altcoin Mining (Ελληνικά)
=> עברית (Hebrew)
=> Français
===> Actualité et News
===> Débutants
===> Discussions générales et utilisation du Bitcoin
===> Mining et Hardware
===> Économie et spéculation
===> Place de marché
=====> Échanges
=====> Produits et services
=====> Petites annonces
===> Le Bitcoin et la loi
===> Wiki, documentation et traduction
===> Développement et technique
===> Vos sites et projets
===> Hors-sujet
===> Altcoins (Français)
=====> Annonces
=> India
===> Mining (India)
===> Marketplace (India)
===> Regional Languages (India)
===> Press & News from India
===> Alt Coins (India)
===> Buyer/ Seller Reputations (India)
===> Off-Topic (India)
=> Italiano (Italian)
===> Guide (Italiano)
===> Progetti
===> Discussioni avanzate e sviluppo
===> Trading, analisi e speculazione
===> Mercato
=====> Mercato valute
=====> Beni
=====> Servizi
=====> Esercizi commerciali
=====> Hardware/Mining (Italiano)
=====> Gambling (Italiano)
===> Accuse scam/truffe
===> Mining (Italiano)
===> Alt-Currencies (Italiano)
=====> Annunci
===> Raduni/Meeting (Italiano)
===> Crittografia e decentralizzazione
===> Off-Topic (Italiano)
=> 日本語 (Japanese)
===> アルトコイン
=> Nederlands (Dutch)
===> Markt
===> Gokken/lotterijen
===> Mining (Nederlands)
===> Beurzen
===> Alt Coins (Nederlands)
===> Off-topic (Nederlands)
===> Meetings (Nederlands)
=> Nigeria (Naija)
===> Politics and society (Naija)
===> Off-topic (Naija)
=> 한국어 (Korean)
===> 대체코인 Alt Coins (한국어)
=> Pilipinas
===> Altcoins (Pilipinas)
=====> Altcoin Announcements (Pilipinas)
===> Pamilihan
===> Others (Pilipinas)
=> Polski
===> Tablica ogłoszeń
===> Alternatywne kryptowaluty
=====> Nowe kryptowaluty i tokeny
=====> Tablica ogłoszeń (altcoiny)
=> Português (Portuguese)
===> Primeiros Passos (Iniciantes)
===> Economia & Mercado
===> Mineração em Geral
===> Desenvolvimento & Discussões Técnicas
===> Criptomoedas Alternativas
===> Brasil
===> Portugal
=> Русский (Russian)
===> Новички
===> Бизнес
=====> Барахолка
=====> Обменники
===> Идеи
===> Кодеры
===> Майнеры
===> Политика
===> Трейдеры
===> Альтернативные криптовалюты
=====> Токены
=====> Бayнти и aиpдpoпы
===> Хайпы
===> Работа
===> Разное
===> Oбcyждeниe Bitcoin
=====> Новости
=====> Юристы
=> Română (Romanian)
===> Anunturi importante
===> Offtopic
===> Market
=====> Discutii Servicii
===> Minerit
===> Tutoriale
===> Bine ai venit!
===> Presa
===> Altcoins (Monede Alternative)
=====> Anunturi Monede Alternative
=> Skandinavisk
=> Türkçe (Turkish)
===> Bitcoin Haberleri
===> Pazar Alanı
===> Madencilik
===> Ekonomi
===> Servisler
=====> Fonlar
===> Proje Geliştirme
===> Alternatif Kripto-Paralar
=====> Madencilik (Alternatif Kripto-Paralar)
=====> Duyurular (Alternatif Kripto-Paralar)
===> Konu Dışı
===> Yeni Başlayanlar & Yardım
===> Buluşmalar
=> Other languages/locations
Loading...