In a single day #Litecoin went from #20 to #14 and you still think $ltc can't go into the top #5? Once etf approvals start happening top 10 is guaranteed.
It’s unlikely we’ll ever encounter another asset exhibiting such a profound mismatch between its adoption metrics and market valuation as Litecoin is demonstrating right now.
People are sleeping on @LuxxfolioH mining $LTC and doge, then converting all their doge into LTC on top of that. Hopefully we can get monthly updates on how much their reserves are increasing via mining?
Quantum Computing will break Bitcoin?
Well, here are other the things it will break first:
- All major banks
- The entire stock market
- Your Credit and Debit cards
- Your International bank transfers
- ATM network authenticators
- Email services
- Social media accounts
- Government websites
- Government databases (revealing ALL classified information)
- Cloud storage (leaking every encrypted data)
- VPN connections
- National ID systems
- Tax filing systems
- E-passport
- Every Authenticator app
- End-to-end encryption apps (i.e Whatsapp and Signal).
If you think the risk Quantum computers pose is localized to Bitcoin only, then you fundamentally misunderstand the very threat they pose.
EVERYTHING breaks, if that risk materializes.
So why isn't every other thing crashing together with Bitcoin, if it trully is about quantum fear?
The answer: THE DUMP HAS ABSOLUTELY NOTHING TO DO WITH "QUANTUM MADNESS."
People are simply finding narratives to explain market moves they don't undertand.
@BigCheds Says "be more thoughtful of others" yet you're grifting everytime the market goes down like Litecoin is the only one loll. Litecoiners always live rent free.
@BigCheds Well sadly most Investors buy tops so yeah most regular investors get burned in general. In '21 people said we got burned too yet it was up over 1,000% from it's lows. This cycle yeah it didn't perform well but never came close to losing me money personally.
@BigCheds Sorry bud been buying as low as $25 a coin so still above my average price per coin. So yeah I'll keep buying the lows kind of the basics of investing you know?
Andddd another one. The amount of basket etf's Litecoin is in is kinda crazy. Lost track of how many at this point. I know it's closing on 20 all together. Now we just need the SEC to get off their ass and actually start approving etf's....
🚨New
ARK files S-1 for Ark CoinDesk 20 Crypto ETF!
The fund will track the top 20 cryptos per marketcap with a few exclusions like stables and memecoins.
Initial allocation will be 1.1% exposure to Litecoin. 👀