Most of you guys joined at a highly volatile time and expect 100% gains every week. Before November, Litecoin was one of the most stable coins out there. It never went up or down more than ~$5 in a day. Then November hits and the whole market goes crazy.. this is not normal.
LTC is a HODL coin. It has better technology and scaling than BTC, it now has a dedicated marketing team, and the creator is fully invested now in helping it grow. Buy LTC and HODL.
ripple solves a global payment settlement problem that is currently worth 77 trillion dollars or so. so $5 is very possible when considering xrp. it will never reach $1000, or even $100, but $5 is within reason.
many people couldn't believe xrp reached $70-80 billion marketcap, because it's a coin with 'nothing' to show for. they couldn't believe that a coin had a higher marketcap value than the world's largest start-up company: Uber. guess what? xrp proceeded to leave that market-cap in the dust and has since broken and passsed the 100bn barrier. all without ever being listed on coinbase. but yeah, market cap
that's with a circulating supply of 39bn. there are 100bn coins in total. 60bn locked up in escrow awaiting to be released on a monthly basis. too many coins.
That still doesn't mean it can't reach 100. What you think is a ridiculous market cap now won't be in the future. People were literally saying months ago xpr could never reach 1 dollar for the same reasons.
I guarantee it hits at least 50.
Btw arbwater... get out of litecoin... There is no money to be made there. Litecoin has no long term value... and even if it does, it doesn't compare to the long-term value of other coins that have WAY more growing to do. At best litecoin reaches what... 1 grand? You're not making shit even best case scenario.
what happened to orlando? last we saw of him he was condemning all of us for buying into alt coins. saying theyll all hit 0 and that btc will be the one who triumphs?
dude finally kill himself?
He was pretty passionate about bitcoin and bitcoin only lol. I can see why he wants it to happen that way but I just don't agree that it will realistically play out like that. Unless Bitcoin has some ground-breaking patentable technology that no one can replicate, it's highly unlikely for his scenario to happen. First to market is a great advantage but it is surmountable as time goes on. Even Apple couldn't hold on to its lead in the phone market. The only way it could happen in my opinion is that all governments ban every crypto except bitcoin, and what are the odds that would happen? It's more likely the opposite would happen. Personally, I love seeing so many cryptos. Give the consumers choice; let the free market work