Litecoin to pump tommorow ?

in #litecoin7 years ago

Of course keep in mind LTC is lazy and slow.. it loves USD peg.. there was 4 USD and now its 44 USD.. If it keeps going this way next one is 444 USD in few years.

Despite that tommorow on youtube there will be live development update.

Notice Coblee (creator) saying you need it in portfolio

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As we can see Asia runs this, from those top10 exchange i use Bitfinex, HitBTC, Bittrex. OkC and Bithumb are also good. Poloniex im currently skipping, ive moved out of there months ago.

I also love to margin trade on such big news on BitMex.

To be clear this are announced news, and nothing moved - im sure enough insiders know of them.

This post is just to let you know somethign may be said tommorow, but with LTC and their humor we never know ;)

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I am also bullish on LTC: Let's see what happens:)
Also a live and verified 'Satoshi Nakamoto' is a good asset imo.

If BTC will be 500 000 USD than LTC will be 100 000 USD. I believe in that.

LTC and ETH.....

I used to believe in Litecoin, but there are just too many better competitors out there these days. Soon, Bitcoin itself will have the same capabilities, and coins like Monero are dark... so I just don't see a future for Litecoin sadly.

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oh my, man, just relax! Welcome and enjoy.

Each week im buying a little bit of LTC. Litecoin to the moon!!

Ltc is cheap to use 😎at this state i see it undervalued. And how fast it goes is awesome. Its matter of time.Hope it will eat a chunk of total market cap.🙂

Just bought for another $500!

I actually just sold my Ltc today! it hasnt moved in about a month! maby ill miss out on the "live update" pump. When is Btc segwit starting again?...

Ok so Segwit2x is in November

Yep and theres new mess due to Bitpay ;)

Good article I am long on LTC, and as you said for the last months it has been really slow

The question with Litecoin is "do we really need it?".
If we have Bitcoin and it can scale what additional value does Litecoin add?

Even if a coin has no real world use it can still have value stemming from the fact that each additional currency provides more opportunity for traders to earn, trading on value fluctuations. Litecoin is also about three times faster to process transactions than BitCoin, which should make it appealing to merchants.

"Even if a coin has no real world use it can still have value stemming from the fact that each additional currency provides more opportunity for traders to earn"

complete waste of human resources

Why would anyone want to be a resource? Resources are there to be used and consumed, doesn't sound very appealing to me..

that's what wage labor is. Under capitalism you must become one or starve.

This book explains it well.
https://www.marxists.org/archive/marx/works/1847/wage-labour/

Wages are an exchange of value. In fact, wages and debt must be paid BEFORE there can be any retained earnings. This is why being an entrepreneur is burdened with high risks.

ah yes that's why statistically they always win, like a casino.

"Wages are an exchange of value" The upkeep cost of the worker is that exact value. Feeding a slave is an exchange of value, paying your wage laborer just enough to survive is the exact thing.

lololol dude you missed the part that was important... The zap wallet is desinged for merchants and will feature BTC and LTC.

"Litecoin is also about three times faster to process transactions than BitCoin, which should make it appealing to merchants."

"to merchants"

you mean the capitalist class. Disgusting

You might be disgusted by the capitalist, but they have and will always exist. The problem is absolute power. When the capitalist or any other have absolute power that's when the unfairness prevails. It is possible to set limits to the capitalists, checks and balances that protects all members of society, while offering opportunities.

Currently the anti-capitalist approach only seeks elimination of the capitalists, together with the advantages they bring to society (they exist even if you don't like them or don't agree with them). Anti-capitalism is now a destructive force that don't consider any alternatives but destruction, and that's the reason why it is not viable. It seeks revenge and punishment instead of creating a better society.
Would we have more research and development with anti-capitalists in power? would we have better education and healthcare?

There are examples of very good experiences with assembly societies, but not a single one of a successful anti-capitalist society .

"The problem is absolute power. When the capitalist or any other have absolute power that's when the unfairness prevails. It is possible to set limits to the capitalists, checks and balances that protects all members of society, while offering opportunities."

impossible under capitalism, the checks and balances must be in the favour of the capitalist. Otherwise the capitalist class literally couldn't exist. This leads to a complete capitalist control of any government.

Look at chile when they elected a socialist. The capitalists simply paid the truckers to stop moving food and other essential items. The entire country ground to a halt and the people started starving until the government did what the capitalists wanted, taking out the (democratically) socialist leader.
https://www.marxists.org/archive/lenin/works/1916/imp-hsc/
this book talks about how imperialism is literally the only outcome other than collapse for a capitalist society.

It also doubles as a book explaining how "free-market" capitalism will lead to monopolies no matter what.

"Would we have more research and development with anti-capitalists in power? would we have better education and healthcare?"

you see that major collapse in lifespan that takes 10+ years to fix? That's russia turning capitalist

That's caused by the collapse of the USSR, which was not capitalist. And you can see how the descent starts before the collapse.

"You might be disgusted by the capitalist, but they have and will always exist"

wrong

https://theanarchistlibrary.org/library/peter-gelderloos-anarchy-works

in fact they didn't exist for the vast majority of human history.

"Anti-capitalism is now a destructive force that don't consider any alternatives but destruction, and that's the reason why it is not viable. It seeks revenge and punishment instead of creating a better society."

actually if you look at russia for examples, they industrialised faster than any capitalist country in history, doubled lifespan, and printed 3/5ths of the worlds books.
All china did was raise the entire country out of poverty and triple lifespan.

India killed 3 million communists and stayed at the bottom.
you're not just wrong, you're stupid.

this might actually explain to you what you are trying to debate.

https://www.marxists.org/archive/marx/works/1847/11/prin-com.htm

now fuck off

Thanks for the insulting. That really convinces anyone that your arguments are based on facts and not just passionate feelings (/sarcasm).

China's cultural revolution from Mao Zedong caused the death of millions of people. Search for the Great Chinese Famine if you want to learn more.

Stalin industrialized Russia at expense of desincentivizing modernization, taking any dissidence down and killing thousands of comrades just because of their ideas.

If you were a true anarchist, someone that respects individuals and ideas and debate, you wouldn't be insulting and fucking off around as you are.

You come across just as a groupie bashing anyone that does not buy or share your ideas. You don't want progress, you want to impose your ideas to others. And that's not good, it is very capitalistic.

here is an entire post explaining why that comment is stupid on every possible level.

https://steemit.com/economics/@anarchyhasnogods/the-basics-of-anti-capitalism-exploitation-and-imperialism-part-one

Does the "three times faster" make a difference once LN are implemented? I thought the point of LN was to remove the transaction time issues?

I guess that diversification is one point in Litecoin's favour though.

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