@LitecoinTA@Crypto1Harvey just wants LTC to go down to make money as a shorter. He doesn't actually hate or have issues with Litecoin or its holders. He's really a nice, older Jewish man from New York. I just hope he's going to be okay financially once @litecoin pushes past ATH π
@Crypto1Harvey Harvey boy! Please be nice to the @litecoin community, and to the good people who hold, like @pncosta@flippifi . You don't want to be on the naughty list, do you?
@Chinobx75@TheMoonCarl@pdoocy Yup! Spot on about @TheMoonCarl making tons of money off failed projects that he got paid to shill and dumped his bag on unsuspecting idiots. Kettle calling the pot black. @TheMoonCarl is a MASSIVE con artist!
The current $LTC valuation makes no sense.
But despite it makes no sense, it's probably the biggest opportunity in crypto history.
While Bitcoin sits and $60,000 currently, Litecoin is worth $42.
Bitcoin max supply is 21M while Litecoin max supply is 84M.
And yes, fixed supply doesn't mean that price should be 1:4 directly, but the LTC blockchain follows the same mining halving mechanism BTC has.
And Litecoins network activity is around 40-50% of Bitcoins today.
I mean, Zcash for example has a valuation of $380 at the moment but Litecoin does 60x more daily transactions.
LTC daily transaction count: 170K
ZEC daily transaction count: 3K
And on top of that Litecoin has:
- MWEB privacy integration
- Treasury Companies
- Strong Community
- LitVM ecosystem
- ETFs
...and much more to come in the future.
We can see the current price action as a gift, because it's written in the stars that this undervaluation can't last much longer.