RE: Bitcoin (BTC) - The moment of truth #1

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Bitcoin (BTC) - The moment of truth #1

in bitcoin •  7 years ago 

I love the philosophy behind LTC but it is just not true it grew 10x, look at the charts, not even half of that...
LTC has a history of down trending. In every bubble it made lower lows and lower highs...

bitcoin
7 years ago by

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      ·  7 years ago (edited)

    What do you mean? A year ago the price was around $ 4, now it is $ 44
    EDIT: maybe you mean in btc?

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      [-]
        ·  7 years ago 

      That's true. I think LTC will end up somewhere between 25 to 35 LTC per BTC. Let's see...

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        [-]
          ·  7 years ago 

        just bought 1 btc due to price and volume increase, seems like up trend is confirmed or am I wrong?

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          [-]
            ·  7 years ago 

          I personally think as of now the FOMO has kicked in. Though don't worry at all, in worst case if the price falls do not sell your BTC. If you are looking for profits, it is certain after x amount of time which is unknown.
          Tip: always buy against the media news ;)
          Though do extensive research first. Good luck to you my friend. Cheers!!!

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            [-]
              ·  7 years ago 

            already sold with 20$ profit.. puh :) Thanks for the comment.

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              [-]
                ·  7 years ago 

              Another Fork is coming my friend, you will just lose some extra coins. May be you could have made more than 20$ with the new forked coin. Do your research always. Good luck though. Invest wisely. Cheers!!!

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              1 vote
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                ·  7 years ago 

              Should see differently if you use btc pair with ltc

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                [-]
                  ·  7 years ago (edited)

                Hi, I was referring LTC vs BTC not USD. If you trade against USD but it goes down vs BTC you are still missing profits. I explained that in one of my previous posts. I came across a video yesterday where the guy explains this better than I can. I will be sharing this in my next post here on steemit today.

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                  1 vote
                  [-]
                    ·  7 years ago 

                  Sure. Please do. I read a news today, a private swiss bank is going to sell Ethereum, Litecoin and Bitcoin Cash soon.
                  I don't know why BCH, may be Roger and the other big folks are behind this. But one good thing is, ETH and LTC are in the plan too.

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                    [-]
                      ·  7 years ago 

                    It did 10x within a very short period of time. I agree on some part of your comment. Yes, LTC was stagnant because of no new development. It was just sitting ideal because it was almost similar to Bitcoin with minor changes to the core blockchain code. But as Charlie Lee was active again onto it with real good initiative it rose within no time.
                    That is what he is comparing. Yes, it is a kind of speculation but based on a real case study which happened with LTC since it activated Segwit. I have started liking LTC as well due to its recent initiatives. It's because of LTC's success, BTC went for SEGWIT.
                    If interested in knowing the reasons, you can check my blog on Litecoin: https://steemit.com/litecoin/@themystic/litecoin-is-due-looks-strong-update-03-08-2017

                    Following you now. Thanks n Cheers!!!

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