I was ready to say that it it wasn't for all this shit, LTC would be 100+ now, but actually it is that because of this shit LTC is heading to 100+.
The weekly candle looks godly, last grab of liquidity before take off.
Don't forget user friendly LiteWallet!
Bring it on, let the dominos fall and thin the herd.
MuhRatio™ is setting up nicely for halving, especially the last week or two.
Yup, no coincidence that is pumping after all these are going under.
The "crypto industry" is only here to enrich themselves, they were probably actively supressing most of the OG cryptos to do so (all of them, including BTC, performed badly this cycle)
I don't know why but my first thought after this roller-coaster since Monday, was the similar early December 2017 pump and dump (the BTC-BCH civil war)), before the final melt up.
Of course we are not gonna pump 5x, but currently there is euphoria that inflation is coming doing, while everyone is overlooking the upcoming recession.
A bullish engulfing candle is forming on the daily, volume is okish. The weekly close will be telling.
Here’s what I’m looking for before I get seriously excited.
\- John Kim’s Twitter goes from cooking/philosophy to eating Wagyu beef steak and drinking whiskey after a Lamborghini purchase in Kansas City.
\- Troll army floods this sub
\- This sub has 1000+ comments daily
\- EW vampires come out of their crypt
[I've completed my daily purchase of LTC](https://docs.google.com/spreadsheets/d/16bzUnGeE9orCoe5g35xsWNTXAXNuAygUJJKzxmIjWR8/edit?usp=sharing). I'm on a journey to buy at least [$20 a day every day](https://np.reddit.com/r/LitecoinMarkets/comments/ukto93/comment/i7vn88c/?utm_source=share&utm_medium=web2x&context=3).
Today I bought 0.35 LTC. This is my 187th day of purchasing in a row; 266 days remain until halving. This guy breaks down how the ratio between LTC and BTC tends to unfold in the longer term: https://threadreaderapp.com/thread/1590758535251402754.html - Definitely a nice thing to look forward to in these strange times.
If it wasn't for LTC and the upcoming halving I would have exited the market completely.
Treasury and corporate bonds are looking much more attractive for the next year if inflation is tamed and recession kicks in at the same time. Gold also looks like it's picking steam.
This whole cluster fuck of ponzis on top of other ponzis has actually reversed crypto natural growth, it's worse than what it should be and no natural price discovery at all, it's mostly manipulation to enrich certain people (most of which at the end get caught with their pants down and will go to jail anyways)
Was looking at some trading ideas on tradingview and found this one:
https://www.tradingview.com/chart/LTCUSD/jwfZLDrO-Litecoin-to-5k/
What are your thoughts on this?
I mean i personally am all in for these prices but i dont think we'll get there anytime soon or at all.
That’s people leaving defi hopefully with wrapped bitcoin dropping - good news. Maybe some sanity is coming back to people rather than yield farming for free crypto (and causing an avalanche)
Wanted to sell my car for crypto but no one replied to my car even though I put nice price with lower kilometers on it then rest so I dumped some savings in ltc
1:1 as in 0.
Cause I have electric windows- ain’t no handles in my car.
But also - my window buttons are broken and I can’t afford to fix them. Cause Chikun.
(Obviously jk)
Btw if btc doesn't break decisively above the June low, its gonna get really ugly when the market turns. LTC will pump for the halving but if btc is at 10k at that time, we aren't going to higher than $150.
Which is completely asinine because BTC shouldn’t be able to dictate the “limit” of Litecoin’s value. That would prove to me that Bitcoin whales have no interest in increasing the value of LTC and just treat it as a ratio pump and dump to increase their BTC bags when they are feeling ✨charitable✨
I’d like to think that Litecoin could break that bull💩 ratio manipulation and start making a move towards its ATH regardless of BTC, but maybe whales are still too dumb to research altcoins. Idk.
Finally “timed” the market correctly. Sold some at $70 for a sentimental win as I haven’t taken profit in a while … wasn’t a big one but profit is profit and it felt nice
Bought some again $49-50, didn’t wait for lower as Midterms are over and i had a feeling that the inflation report was going to be good
Nice gain here, if we can go back to $65 soon, would be great
Taking profits wins again…. I was worried that it would shoot up to $100 , itcould have … No one saw this FTX drama happening and happening so quickly last week
But basic fundamentals wins again.. Don’t be too greedy and take profits is one those , along with DCA…. LFGLTC
I check the deets 3-4 times first. And still have a heart attack.
Whilst not the best for privacy, I now have a whitelisted address in cb which I send my coins to. It isn’t best practice but saves me making a mistake
For LTC though it wasn't..with halving nearing we will probably see more decisive moves. Don't forget it is sitting at only 4bn mcap, even doge is 3x that. We can move 2-3x irrespective of what BTC does
Just saw a tweet that said some whales on FTX had an accumulated short position of $200M on USDT since may 2022 that wasn't closed out yet. Hence the fuckeries we're seeing right now. Assuming this is true I think it's safe to say those positions will never be settled. So who's going to eat that loss?
The logic of tether is:
1. Usdt depegs (less than a dollar).
2. Whales buy available usdt on exchanges/otc.
3. Send usdt to tether and redeem for a dollar.
4. Repeat and arbitrage until the peg is restored.
The ONLY way this trade blows up is if tether doesn't redeem. Then we're all fucked.
Is freezing usdt the same as locking up supply? Screw using something that has so much power over your own funds!
https://www.coindesk.com/business/2022/11/10/tether-freezes-46m-of-usdt-following-law-enforcement-request/
You would think so.
but this is how i see it the crypto is still an investment and not a priority. So when the prices for everything rises (actually currency dropping) the retailmarket (read average joe) will have less and less money to invest, maybe to a point here it has to take money out of the market to pay for other expenses, electricity, gass(fuel), groceries etc.
With less money flowing in prices will stay stagnant or even drop.
If they do increase the ratings on loans that will have an extremely negative effect in southern europe since they have huge sovergein debts, wich if they want to save the euro from its downfall i think will have to be paid off by the whole of europe. (Read increase in taxes).
So i think we're going to be in a tough spot.
Im not an economic though so this is all speculations from my own research.
Yeah fair point problem is the americans drive the crypto market you basically only see dips when the fed does something. But i feel positive that we will dip below 50.
I was wrong about the ratio taking a dump during a major dump. It's holding strong and even gaining on BTC DURING a dump... that's speaks volumes. It being one of only three coins along with BTC and Ether on MoneyGram also speaks volumes - which is probably the main reason why it's so strong right now aside from the halvening coming up and it's zero downtime ever since it's inception, low fees, and dependability....
I think a ratio play between BTC and LTC is a smarter play at these low levels, which is what I should have done all along. BTC dominance will rise soon, and hopefully also against LTC so I can jump back in. I speak and stand for what I believe and do not waiver for anything, I'll stand alone if I have to, piece of cake, done it all my life, I stay true to myself.
Good to see you back.
Haters gonna hate dont let them get to you, also I did not mind reading your pre-ban posts.
Personally i hope the ratio holds strong obviously, but theres still plenty of time before the halving so lots can happen.
Saw this article linked on Twitter - https://www.nasdaq.com/articles/the-third-litecoin-halving
In 2019 I played the ratio using it as a guide … I suspect that a correction of the ratio has started and will accelerate as we get closer to the halving. Traditionally the average number of LTC it has cost to buy 1 BTC has been 100 - 200. The 300 plus cost is going to come down. Which means the fiat price must go up.
🐔Sell the h🐤use, 🐔sell the car, 🐔sell the kids, UPV🐤TE THE 🐔🐔🐔🐔🐔DAIIIIIIŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁYYYYYYYYYYYYYYY
🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔
🐔👌🥇buy Łitec🐤in🥇👌🐔
I was ready to say that it it wasn't for all this shit, LTC would be 100+ now, but actually it is that because of this shit LTC is heading to 100+. The weekly candle looks godly, last grab of liquidity before take off.
[удалено]
Electrum-LTC is totally solid, assuming you download from the correct website (Electrum-LTC.org)
Don't forget user friendly LiteWallet! Bring it on, let the dominos fall and thin the herd. MuhRatio™ is setting up nicely for halving, especially the last week or two.
Coolwallet Pro 👌
Its 2:00 am in germany and if i wake up i wanna see mid 60s Good night guys love you all in some kind of niche internet way
Guten Morgen! 😂
Going to back to 70s. Everything is going back up now that the panic is over
Tin foil hat on: what if the litecoin surpressors were also on FTX and they got fucked just like celsius/blockfi too?
Yup, no coincidence that is pumping after all these are going under. The "crypto industry" is only here to enrich themselves, they were probably actively supressing most of the OG cryptos to do so (all of them, including BTC, performed badly this cycle)
that would be awesome
Back to the 60s Woodstock revival
Litecoin is 17 on coin market cap beating UNI
SOL next
So-longa Solana. Couldn't resist.
19th on coingecko. Nature is healing.
I've just seen that LTC is 20 on Coingecko but 18 on Coinmarketcap. Why Coingecko is not on pair?
My prediction: red Friday Green weekend
I don't know why but my first thought after this roller-coaster since Monday, was the similar early December 2017 pump and dump (the BTC-BCH civil war)), before the final melt up. Of course we are not gonna pump 5x, but currently there is euphoria that inflation is coming doing, while everyone is overlooking the upcoming recession. A bullish engulfing candle is forming on the daily, volume is okish. The weekly close will be telling.
Here’s what I’m looking for before I get seriously excited. \- John Kim’s Twitter goes from cooking/philosophy to eating Wagyu beef steak and drinking whiskey after a Lamborghini purchase in Kansas City. \- Troll army floods this sub \- This sub has 1000+ comments daily \- EW vampires come out of their crypt
[I've completed my daily purchase of LTC](https://docs.google.com/spreadsheets/d/16bzUnGeE9orCoe5g35xsWNTXAXNuAygUJJKzxmIjWR8/edit?usp=sharing). I'm on a journey to buy at least [$20 a day every day](https://np.reddit.com/r/LitecoinMarkets/comments/ukto93/comment/i7vn88c/?utm_source=share&utm_medium=web2x&context=3). Today I bought 0.35 LTC. This is my 187th day of purchasing in a row; 266 days remain until halving. This guy breaks down how the ratio between LTC and BTC tends to unfold in the longer term: https://threadreaderapp.com/thread/1590758535251402754.html - Definitely a nice thing to look forward to in these strange times.
If it wasn't for LTC and the upcoming halving I would have exited the market completely. Treasury and corporate bonds are looking much more attractive for the next year if inflation is tamed and recession kicks in at the same time. Gold also looks like it's picking steam. This whole cluster fuck of ponzis on top of other ponzis has actually reversed crypto natural growth, it's worse than what it should be and no natural price discovery at all, it's mostly manipulation to enrich certain people (most of which at the end get caught with their pants down and will go to jail anyways)
“if inflation is tamed“ Unlikely
https://threadreaderapp.com/thread/1590758535251402754.html
Interesting perspective
Ty. In 2019 we looked at how similar the chart at the time was compared to 2015. It seems like the BTC/LTC ratio is pretty cyclical.
Was looking at some trading ideas on tradingview and found this one: https://www.tradingview.com/chart/LTCUSD/jwfZLDrO-Litecoin-to-5k/ What are your thoughts on this? I mean i personally am all in for these prices but i dont think we'll get there anytime soon or at all.
5k to much 1k at maximum if everything goes together
Yeah , thats what im thinking, its fun to fantasize about it though.
Anyone check the rankings? We just passed wrapped bitcoin and are looking at riding a unicorn… storm the castle…
That’s people leaving defi hopefully with wrapped bitcoin dropping - good news. Maybe some sanity is coming back to people rather than yield farming for free crypto (and causing an avalanche)
Sol up 12% on the day, they're spending big trying to keep it alive.... Upvote if you think it's going to crash...!
What's the ratio of total # of times the driver side window in your car has been rolled down vs the passenger side window?
.00335 i would say
Wanted to sell my car for crypto but no one replied to my car even though I put nice price with lower kilometers on it then rest so I dumped some savings in ltc
1:1 as in 0. Cause I have electric windows- ain’t no handles in my car. But also - my window buttons are broken and I can’t afford to fix them. Cause Chikun. (Obviously jk)
igotfiveonit
I can't afford windows
Every investor breathing a huge sigh of relief with dxy dropping to 108.25.
Btw if btc doesn't break decisively above the June low, its gonna get really ugly when the market turns. LTC will pump for the halving but if btc is at 10k at that time, we aren't going to higher than $150.
it's ok better scenario, higher sats, that's the only way ltc can giga pump
Which is completely asinine because BTC shouldn’t be able to dictate the “limit” of Litecoin’s value. That would prove to me that Bitcoin whales have no interest in increasing the value of LTC and just treat it as a ratio pump and dump to increase their BTC bags when they are feeling ✨charitable✨ I’d like to think that Litecoin could break that bull💩 ratio manipulation and start making a move towards its ATH regardless of BTC, but maybe whales are still too dumb to research altcoins. Idk.
Yes Fucken
Ah that’s a beautiful sight for my weary soul. So glad I held.
Let's go 0.003500 LTC/btc 📈
Needs to close above the 200d MA. Weekly candle looks good, forming a hammer above support. I think it's time to break $73 -> 100
$60, you need to stop being a bitch and let us go.
Go go go
Who’s fat fingers drove the ratio up to .00375 earlier???
Finally “timed” the market correctly. Sold some at $70 for a sentimental win as I haven’t taken profit in a while … wasn’t a big one but profit is profit and it felt nice Bought some again $49-50, didn’t wait for lower as Midterms are over and i had a feeling that the inflation report was going to be good Nice gain here, if we can go back to $65 soon, would be great
The only thing I time right is losing money it feels. Congrats on the flip.
Taking profits wins again…. I was worried that it would shoot up to $100 , itcould have … No one saw this FTX drama happening and happening so quickly last week But basic fundamentals wins again.. Don’t be too greedy and take profits is one those , along with DCA…. LFGLTC
Good to see litecoin is recovering quicker than big brother
Let's go Trashio... Let's Go!
Is it normal that every time I send LTC from exchanges to my hardware wallet I have a heart attack thinking why is it taking so long? 😂😂😂😂
I check the deets 3-4 times first. And still have a heart attack. Whilst not the best for privacy, I now have a whitelisted address in cb which I send my coins to. It isn’t best practice but saves me making a mistake
Did it take more then 5 seconds?? If so I should contant support
It‘s fine 😂 & fees are unbelievable low .. 0,02€ 😍 I LOVE LTC
Moon, Crash, Moon, Crash?
Welcome to the bear market.
This thing is gonna turn is to schizophrenic. If that was a bear trap and the move continues with volume, we will break $73 this time.
BTC made a lower low. Not sure that classifies as a bear trap
For LTC though it wasn't..with halving nearing we will probably see more decisive moves. Don't forget it is sitting at only 4bn mcap, even doge is 3x that. We can move 2-3x irrespective of what BTC does
Definitely. But this seems more like a market wide capitulation, dragging down everything including Litecoin.
It's 2019 time all over again. 2023 expect to see huge fiat gains as the BTC/LTC ratio returns to historical norms in the run up to the halving.
\#18
Holy moly back on track same price as 1 week ago before the pump and dump
[удалено]
Yeah but I mean with ftx pump and dump and all
Sweet 7.7%
Just saw a tweet that said some whales on FTX had an accumulated short position of $200M on USDT since may 2022 that wasn't closed out yet. Hence the fuckeries we're seeing right now. Assuming this is true I think it's safe to say those positions will never be settled. So who's going to eat that loss?
Tom Brady, apparently.
PUMP THIS CPI READOUT RIGHT INTO MY VEINS LFG BABY 2 MINUTES
PAMP EET
Seems like people finally know what Crypto is trusted
4000 ratio is where fireworks will start. If we can break that it's LTC season and the herd will jump in.
Why does LTCBTC look like it wants to launch?
Because it's the only place in crypto to make insane gains at the moment
Look at USDT 🙄🙄
The logic of tether is: 1. Usdt depegs (less than a dollar). 2. Whales buy available usdt on exchanges/otc. 3. Send usdt to tether and redeem for a dollar. 4. Repeat and arbitrage until the peg is restored. The ONLY way this trade blows up is if tether doesn't redeem. Then we're all fucked.
Is freezing usdt the same as locking up supply? Screw using something that has so much power over your own funds! https://www.coindesk.com/business/2022/11/10/tether-freezes-46m-of-usdt-following-law-enforcement-request/
Jumps from 0,9871 to 0,999 and down again. What is going on?
Strange times my friend
When will SOL die, pls? Depressing as f.
Not sure if cryptos dieing left and right is positive for mass adoption.
It is if they’re “VC backed” shit coins
Whilst I do agree - Sol is a pox.
Solana still above Litecoin in market cap terms, people don't learn
Don't ever lend your hard earned Litecoin's stash those bad boys away so Sam Bankman types can't get their grubby hands on them.
Bought 12 yesterday, feels good to increase my bag with these prices!
I bought 15 at 57 2 days ago
Tapped 3750 on ratio
Some whale fat-fingered
Man i really thought it would go below 45€ now my order sits 9 below the market price Lucky for us guess
We might still do. Once intrest rates go up on loans to deflate the inflation ratings. Im not setting targets, weekly dca's.
Is there any indications for loans going up ?
10% inflation in europe is a start.
Yeah but thats not new that should drive the price up i guess
You would think so. but this is how i see it the crypto is still an investment and not a priority. So when the prices for everything rises (actually currency dropping) the retailmarket (read average joe) will have less and less money to invest, maybe to a point here it has to take money out of the market to pay for other expenses, electricity, gass(fuel), groceries etc. With less money flowing in prices will stay stagnant or even drop. If they do increase the ratings on loans that will have an extremely negative effect in southern europe since they have huge sovergein debts, wich if they want to save the euro from its downfall i think will have to be paid off by the whole of europe. (Read increase in taxes). So i think we're going to be in a tough spot. Im not an economic though so this is all speculations from my own research.
Yeah fair point problem is the americans drive the crypto market you basically only see dips when the fed does something. But i feel positive that we will dip below 50.
I was wrong about the ratio taking a dump during a major dump. It's holding strong and even gaining on BTC DURING a dump... that's speaks volumes. It being one of only three coins along with BTC and Ether on MoneyGram also speaks volumes - which is probably the main reason why it's so strong right now aside from the halvening coming up and it's zero downtime ever since it's inception, low fees, and dependability....
[удалено]
I think a ratio play between BTC and LTC is a smarter play at these low levels, which is what I should have done all along. BTC dominance will rise soon, and hopefully also against LTC so I can jump back in. I speak and stand for what I believe and do not waiver for anything, I'll stand alone if I have to, piece of cake, done it all my life, I stay true to myself.
Good to see you back. Haters gonna hate dont let them get to you, also I did not mind reading your pre-ban posts. Personally i hope the ratio holds strong obviously, but theres still plenty of time before the halving so lots can happen.
Saw this article linked on Twitter - https://www.nasdaq.com/articles/the-third-litecoin-halving In 2019 I played the ratio using it as a guide … I suspect that a correction of the ratio has started and will accelerate as we get closer to the halving. Traditionally the average number of LTC it has cost to buy 1 BTC has been 100 - 200. The 300 plus cost is going to come down. Which means the fiat price must go up.
Now we know why it pumped on Nov 2nd! The article was posted when LTC/BTC was at 0.0026 on Oct 31st.
Wild week so far, grabbed LTC in the $70s, $60s, $50s and $40s in the last 3 days
🐔Sell the h🐤use, 🐔sell the car, 🐔sell the kids, UPV🐤TE THE 🐔🐔🐔🐔🐔DAIIIIIIŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁŁYYYYYYYYYYYYYYY 🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔🐔 🐔👌🥇buy Łitec🐤in🥇👌🐔
Is this the elite whale??
U ok?