Litecoin’s monetary policy is simple and predictable
- 6.25 $LTC mined per block
- Halving every 840,000 blocks (~4 years)
- Maximum supply of 84 million LTC
Same scarcity model as Bitcoin, just built for faster transactions
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When Litecoin pumps to $500-$3000
You’re not gonna care if you bought at $99 or $93 or $84
You’re just gonna wish you could go back in time and have bought more all that time you had under $100 and while it was still trading at only 1/270 of BTC market cap
“It was so obvious, but I didn’t buy enough because it was slow, fuck me if I just stuck to what I knew.. but here I am with way less money than I should have”
Save this tweet for the future
This applies to Monero as well. But I’ve bull posted Monero a lot more than LTC the last months, and Litecoin has become even more undervalued than before thanks to Zcash being above $500.
I can’t be quiet when
Zcash was $30 and LTC was $90
Now Zcash is $500 and LTC is $95
Litecoin will catch up massively just like it has spent 99% of its time higher than Zcash in price.
Also.. remember when XRP underperformed and sucked for many years?
LTC in that phase but it’s gonna end and breakout like XRP
Difference is it’s not shit like Xrp so the pump will be better, more sustainable, and have more upside
The sad state of crypto is that people believe the only way something with utilitarian value goes up is if there's a coordinated pay to shill transaction taking place. Why? Because that's unfortunately how most projects HAVE to get their attention.
I have first aLTCoin mover advantage. 14 years of dedicated organic users cannot be replicated. Not by paying influencers, not by botting your numbers, not even by paying outlets to pump up the perception of your token.
Litecoin is truly a blue collar, in your face, no "pre-mine treasury pumping it" cryptocurrency. Anyone on this app talking positively about it is doing it for 1 of 3 reasons:
* They believe in it and want others to know with little to no personal gain for themselves as the core reason
* They believe in it at the price level it is and bought into it, then shills it to their own follower base for personally incentivized reasons
* They see a trend of attention through algorithms and post about it, whether they actually believe in it or not
Those are the incentives for talking about Litecoin.
1) It works and is worth telling others about, just like anything else people get excited about in their lives.
2) They incentivize themselves financially off of their followers through either pushing it after investing themselves or to promote a 3rd party site like Patreon, etc.
3) They see an opportunity to gain followers and clout/attention for posting on something that is trending.
Sometimes a person can do this for one or two of these reasons, and if it's for numbers 2 and 3, their efforts will die off and they will move onto the next hustle shortly thereafter. But those who do it for number 1....well, those are the die hards. The true believers in what Litecoin was, is, and will be. If you are going to pay attention to any of them, stick with the first. Those are the ones who are number 1 in my book as well.
Carry on.