@coblee
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cra8080766535 commented on Agreed with all the upgrades, but why does something that valuable being valued this little? Or the current whole LTC network valued in the wrong market cap? Does that make us all ahead of the market, for…10 years earlier?
I think all Litecoiners got it backwards. It's not Litecoin that is dead it's PoW. Every PoW has been running out of energy this cycle. When you can create a coin out of thin air, cheat with the supply, mcap, price, and claim to be as secure and faster then Litecoin, you got a problem in the crypto industry. Sure PoW is better but the market don't see it that way, maybe regulations could fix that if governments do care about the little guy not buying a scam. Only time will tell. Actually BTC price action was performing like a shitcoin this cycle. Compare it to ETH or any PoS coin and you missed out big gains. It's just that LTC performed even worse then BTC having the largest network effect with the digital gold narrative. So it's like comparing 2 shitcoins and saying which is the biggest shitcoin. But if you do zoom out you can see all PoW coins performed like shitcoins this cycle. It's just Litecoin was the worse and Doge was the best cuz of Elon. We are living Planet of the apes cycle so the best thing to do is keep watching the BTC/ETH pair because all PoS hype is followed by ETH sentiment and they keep postponing the merge to keep the hype as long as they can. If BTC/ETH pair doesn't dump in this bear market, you do have a big problem the next cycle, not just for Litecoin but for Bitcoin as well as ETH/BTC mcap gap gets closer, which creates fuds that Bitcoin can lose the #1 seat, which can make maxis lose faith. Imagine believing that Bitcoin is gold, intouchable, immortal, but then you get this premined presaled shitcoin called ETH that only need to pump 25% to take your place. However if you do believe that PoS cryptocurrencies hype will fail in the next years to come, and if you do believe that PoW is the future then Litecoin will recovers and succeed. For Bitcoin to stay the largest cryptocurrency in the future, Investors have to value PoW over PoS. It's a war basically PoS vs PoW, and every side is forcing their narrative but only 1 side will eventually win. Bitcoin and Litecoin destiny are more intertwined then people do realize. If Litecoin fails so do Bitcoin.
cra8080766535 commented on Who will remember any of these top 10 names?
it was 30$ back then and now 60$? It make sense now why Moonsie is Moonsie
cra8080766535 commented on The weird thing is if they can create lots of tokens from thin air, then how come they got value?
They don't but the market can be irrational for decades but we don't have decades to wait. That's why Ltc and eth combo is better then Btc and Ltc one
cra8080766535 commented on It's small exchange i know, but what if large exchanges start delisting, then what?
Korean fud that they may delist
cra8080766535 commented on but! then i will be trapped forever in ltc!?
No it will pump in beark market but it may go to 10$ first ?
cra8080766535 commented on Question - If Dogecoin moves away from POW to POS, is that good or bad for Litecoin?
Good for litecoin on the long term. U probably get a hard fork so two dogecoin