Litecoiner, there's something in my own opinion we need to

Question

Litecoiner, there's something in my own opinion we need to

understand.

Demands on old generation coin in which ltc/btc falls into is less now campared to those days.

We may not witness any significant price hike except all the rest/new coin are cancelled.
Is that possible?

#blockchain #cryptocurrency #english #ltc

0

27.10.2024

12 ответов

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John

John
Let me explain to you something quick 1) People b...

Older coins don't have those mechanisms of needing to buy them to swap for tokens/memecoins

0

25 дней назад

ncl'x Автор вопроса

John
Let me explain to you something quick 1) People b...

Sure boss, This still have to do with demand and supply, if you get my point correctly.

0

25 дней назад

John

John
Older coins don't have those mechanisms of needing...

So naturally the increases (but also decreases) are not as dramatic

0

25 дней назад

John

ncl'x
Sure boss, This still have to do with demand and s...

Yes obviously

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25 дней назад

ncl'x Автор вопроса

John
Yes obviously

Remember those days of ltc at 400$/$200 etc. Today everyone creating there own token. So if i receive my payment via new token and that token can be swap to usdc/usdt/usd etc, the need for old coin may not be high in demand again

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25 дней назад

Prytaneis

ncl'x
Remember those days of ltc at 400$/$200 etc. Toda...

Ever seen anybody receiving payments via the so-called shitcoins/memecoins? No. Because everybody prefers to usy a legit, time-proof and scarce currency (Litecoin for example) instead of those shits, that's why you never hear someone accepting memecoins as a form of payment, but you hear everyone accepting Litecoin as a form of payment.

0

25 дней назад

ncl'x Автор вопроса

Prytaneis
Ever seen anybody receiving payments via the so-ca...

I just use that scenario as an explanation. Fact still remain- demand of old coin are lesser than before. Whatever cause this maybe different to individual

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25 дней назад

GGayAllin R

Prytaneis
Ever seen anybody receiving payments via the so-ca...

Стикер

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25 дней назад

Prytaneis

It is the only exception, and still not as widely used as LTC or other utility coins. Also DOGE wouln't be here if it wasn't for the merge-mining with LTC. In the contrary, the tokens that are created on sol, arb etc are just useless and never used in the everyday life

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25 дней назад

Kaiser

John
Let me explain to you something quick 1) People b...

How come I also see dramatic dumps in litecoin…

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25 дней назад

John

Kaiser
How come I also see dramatic dumps in litecoin…

Solana went from 260 to 8 Litecoin went from 400 to 40

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25 дней назад

John · Accepted Answer

Let me explain to you something quick 1) People buy Solanas because they need it to swap to memecoins or whatever 2) Solana price goes up 3) They get rugged so they don't have any solanas to sell anymore 4) Those who do the rugging keep accumulating a lot of solanas 5) Once bullrun is at peak they will unload everything making price crash enormously just like we saw solana go to 8 dollars during bear So while those kinds of coins may see dramatic increases they also will get dramatic dumps

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Litecoiner, there's something in my own opinion we need to

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