Why isnt Litecoin worth more?

Dear Alecro, You’re spot on the 4 to 1 ratio. In the early days of Cryptos, It was 4 to 1. If Bitcoin is the Digital version of Gold, then Litecoin is the Digital version of Silver. Both are manipulated by the Banksters and the Whales using Paper Derivatives Contracts, just like Gold and Silver. Investors call this manipulation Wash/Rinse/Repeat. I own a derivative of Litecoin. LTCN: Grayscales Litecoin Trust. Which has been Shorted by Hedgefunds and Banks since day one. During the Gamestop short Squeeze, LTCN’s price also spiked. I believe a massive short squeeze is coming very soon. I have increased my position of LTCN, because I hate the Banks & Hedgefunds. I also own Physical Silver for the same reason. We are about to witness the greatest transfer of wealth in History. Cryptos, Gold & Silver are assets to protect your wealth.

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Litecoin’s value depends on adoption, market demand, and competition. It remains strong but faces challenges from newer coins and tech advancements.

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Hardly any coin is more up-to-date than Litecoin

last update nov 7 2024.

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We’re gonna be like rich kings in the midst of hunger games.

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Hate to be that guy, but Banks and Hedgefund owners own most of crypto and manipulate it’s price up or down.
They own crypto exchanges, mining pools (majority), all influential politicians and they can draw regulations to propell or kill any crypto.
It might look like an alternative but in reality it’s upgrade of current system.

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Do you have a source for that?

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Maybe Ian Carroll explains it best in his 5-minute video (can’t include links here, search for “Ian Carrol Who owns the entire stock market”).
You’ll get the feeling of how this works.
As for crypto, I know it’s not me manipulating the price and based on observations from past 7 years it should be obvious to anyone here it’s not retail either.

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why do you believe Ian Carroll, a self-styled journalist who traffics in antisemitic conspiracy theories, told Rogan that Jeffrey Epstein was a Mossad agent.

source: Joe Rogan hosts conspiracy theorist who claimed Israel did 9/11 – The Forward

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In 2011 Swiss study named “The Network of Global Corporate Control” was published (Vitali, Glattfelder, Battiston).
Similar conclusions were reached:

“We find that transnational corporations form a giant bow-tie structure and that a large portion of control flows to a small tightly-knit core of financial institutions.
This core can be seen as an economic “super-entity” that raises new important issues both for researchers and policy makers.”

You can find the study on PLOS (I’m still forbidden to include links in my posts)

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It would be soon.

Same with bitcoin, which few months ago experience a bullish run but is now recovering. Litcoin will someday rise, even if not equivalent to Bitcoin rise

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No change yet. LTC still only tracks BTC swings. I bought more LTC on the recent dip while BTC:LTC price ratio still about 880:1. As said before its just needs some famous BTC whales to get into LTC too while ratio is so good and see their LTC holdings (and mine) skyrocket as others follow them en masse. 100:1 ratio would be nice. :smiley:

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What is your contribution to that goal? Have you opened a ticket in stripe to accept LTC? Just for starters. :wink:

All theory. Crypto is way to small to interest big players. Just look at the volumes the NY Stock Exchange is moving daily. The search term just brings up conspiracy pages.

For transactions LTC is smoothest compared to other coins. Maybe Solana is close. So in long term should worth more…

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Litcoin never die and its worth will never low.

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We, as users have to spread the word. The Litecoin Foundation thinks, that meetings are good to spread the news (to the same people they spread the word to for years).

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Yep. I’ve heard Dash is super smooth too, but never used it.

Monero is good, but the initial synking of the blockchain, the delay to update the wallet after a transaction, and the need to wait for at least 10 confirmations before your privacy is assured, make it not as smooth as litecoin.

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How did Bitcoin make it? Sometimes you had to wait for days.

Tried posting a link but can’t

at the 1:50 mark this rapper is singing about litecoin lol.
look on on youtube: $teven Cannon - Bitcoin ft. Larry June (music Video)

No idea who he is

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How did Bitcoin make it? Sometimes you had to wait for days.

Good question.

My answer is that nerds used it back then, and…

(A). Nerds have a high threshhold for clunky software.
(B). The whole exciting idea of circumventing the monetary system made it worthwhile.

There’s no way we’ll convince the normies to switch to crypto unless the experience is at least as smooth as Visa.

B is the very reason Bitcoin was developed. Initially its a development of the prior e-money attempts. The underlying reason was the stubbornness of Banks in South East Asia. Once you try to wire x amount of funds to, say Pakistan, you instantly understand the reasoning behind Bitcoins inicial use-case.