If you want to make bank, invest in this.

Discussion in 'Spam Forum' started by Pain, Apr 29, 2017.

If you want to make bank, invest in this.
  1. Unread #1 - Apr 29, 2017 at 4:30 AM
  2. Pain
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    Pain Formerly known as Divine
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    If you want to make bank, invest in this.

    Litecoin(LTC)

    Why you ask?

    Litecoin is having a "soft fork" in exactly 12 days time that is being called "segwit" so far its stayed out of the major crypto news forums but the volume on LTC is top 5 on every exchange- I'm of the belief this indicates people are trying to get in while its lower before everyone and their mother buys in.

    Timer for the soft fork:
    Litecoin Segregated Witness Adoption Tracker

    Litecoin has been called "bitcoins silver" if bitcoin is gold.

    My projected price: $45

    My Buy-in price: $13.50/1 litecoin

    Coins purchased: 300

    Proof:
    https://gyazo.com/d0ba621e8ae15bf361a4da4a24a1d5bd?token=31c5f5a36265968a84c97ab668c216ec

    Type of investment: Short-term(1-3 months)

    You should expect to see a gradual raise in price as the 12 days gradually runs out.

    As always this is just my personal opinion, I'm no crypto god or sythe, So far though I've made very good returns on every investment I've made.

    NOTICE: you are buying into the coin at mid-point, litecoin was down to $4/coin quite a while ago, the fork is what will push the price past the $20 point.

    As always don't invest what u cant afford to lose.

    Goodluck.
     
    Last edited: Apr 29, 2017
  3. Unread #2 - Apr 29, 2017 at 5:09 AM
  4. Sythe
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    Administrator Village Drunk

    If you want to make bank, invest in this.

    Segwit doesn't fix any issues except transaction malleability. When people realise it doesn't do anything tangible they will probably lose interest.

    Longer term segwit makes it easier to implement a lightning network on top of ltc. However lightning networks have a range of problems not least that attackers can double spend via ddos. They also don't solve storage or settlement scaling issues with the blockchain algorithm. At best it will provide a constant factor transaction throughout increase (but not settlement throughput increase).
     
    Last edited: Apr 29, 2017
  5. Unread #3 - Apr 29, 2017 at 5:23 AM
  6. Pain
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    If you want to make bank, invest in this.

    I'm not expecting LTC to be better than any coin.

    Merely advising people the fork will be getting ALOT of attention back on LTC and since everyone thinks its a positive(over 80% of their miners supported it), theres a good chance to make some good money in the short-term here.

    I certainly don't believe its better than other cryptos we have discussed, but there is certainly the chance for good profit here.

    It's also getting a lot of attention because people are starting to think this sort of soft fork may help improve bitcoins problem aswell.

    As the 12 days closes in more and more hype and people will buy in and all the news sites will be writing for it.
     
    Last edited: Apr 29, 2017
  7. Unread #4 - Apr 29, 2017 at 5:24 AM
  8. Sythe
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    If you want to make bank, invest in this.

    Careful a lot of traders buy the rumour and sell the fact
     
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  9. Unread #5 - Apr 29, 2017 at 5:26 AM
  10. Pain
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    If you want to make bank, invest in this.

    Worked well for eth ;)

    I don't expect it to be a fortune maker or suddenly revolutionize an industry, but I really do think its got a shit ton of hype and advertisement heading its way.

    Anyway off 2 bed, ttyl and remember only buy what you can afford- I'm not some guru this is just my opinion guys.
     
    Last edited: Apr 29, 2017
  11. Unread #6 - Apr 29, 2017 at 7:19 AM
  12. tigeris
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    If you want to make bank, invest in this.

    Will have a huge crash when all the people like you decide they've made enough and start dumping. Don't take it too far
     
  13. Unread #7 - Apr 29, 2017 at 6:09 PM
  14. Mootrucks
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    If you want to make bank, invest in this.

    Done, thanks.
     
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  15. Unread #8 - Apr 29, 2017 at 7:12 PM
  16. Pain
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    If you want to make bank, invest in this.

    LTC up 6%, as I said you should see a gradual raise each day leading up to it.

    Up $300 already on LTC alone.
     
  17. Unread #9 - Apr 29, 2017 at 8:15 PM
  18. Vlad
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    If you want to make bank, invest in this.

    Would invest if I wasn't 500 deep in xrp, I imagine that its a good idea to be conservative with when you choose to sell
     
    Last edited: Apr 29, 2017
  19. Unread #10 - Apr 30, 2017 at 6:46 AM
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    If you want to make bank, invest in this.

    Lol .....kids.
     
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  21. Unread #11 - Apr 30, 2017 at 8:45 AM
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    If you want to make bank, invest in this.

    bought $56m in litecoins cheers for the advice mate
     
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  23. Unread #12 - Apr 30, 2017 at 11:03 AM
  24. Im Solo
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    If you want to make bank, invest in this.

    Cheer up buttercup
     
  25. Unread #13 - Apr 30, 2017 at 3:42 PM
  26. Pain
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    If you want to make bank, invest in this.

    Up 2.4% again today, gradually raising.

    Up 0.7 btc so far in the last 48 hours.
     
  27. Unread #14 - May 1, 2017 at 3:06 PM
  28. Pain
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    If you want to make bank, invest in this.

    LTC down 6% today, literally every alt crypto is preforming poorly today due to the giant growth in BTC price lately.

    Will expect a rebound when BTC stops rising so damn much.
     
  29. Unread #15 - May 1, 2017 at 6:04 PM
  30. Sythe
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    Administrator Village Drunk

    If you want to make bank, invest in this.

    You should use the USD to evaluate if cryptos are up or down. Evaluating them against each other isn't usually meaningful because you're evaluating the ratio of two highly volatile things.
     
  31. Unread #16 - May 1, 2017 at 7:48 PM
  32. Pain
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    If you want to make bank, invest in this.

    Seems reasonable, Bittrex doesn't offer USD conversions yet though so I've been using BTC out of habit.
    I don't like comparing cryptos vs BTC anyway, USD is much easier but that requires me to go to polo.

    Down 8% may very well be because BTC is spiking so much, I understand the logic of what your saying but I am aware the decrease may be due to the BTC spike not a price drop.
     
    Last edited: May 1, 2017
  33. Unread #17 - May 3, 2017 at 3:28 AM
  34. Smiveras
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    If you want to make bank, invest in this.

    Everyone buy potcoin it will make you high
     
  35. Unread #18 - May 3, 2017 at 4:35 AM
  36. Pain
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    If you want to make bank, invest in this.

    Litecoin up 10% ^.^
     
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  37. Unread #19 - May 3, 2017 at 5:39 AM
  38. John
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    If you want to make bank, invest in this.

    your all autistic
     
  39. Unread #20 - May 3, 2017 at 6:19 AM
  40. Milotic
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    If you want to make bank, invest in this.

    lol retards just use shekels
     
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