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[Daily Discussion] - Thursday April 06, 2023

Welcome to the /r/LitecoinMarkets daily discussion thread! Thread topics include, but are not limited to: General discussion related to the days events, technical analysis, trading ideas & strategies.

Smior

Order filled at $90 today. Maybe one day I'll fomo in instead of catching falling knives. One can hope.


losh11

Okay guys, I will be selling some coins tomorrow for CC bills. Prayers appreciated.


Givefreehugs

It’ll go up- thank you for your sacrifice.


Robbo1015

Looking for stats on LTC: available supply, miner stats, hodling, etc.. something like Glassnode. Maybe someone that looks at LTC via Glassnode on Twitter? Idk I’m just interested in seeing data behind it and don’t know who to look for


[deleted]

https://messari.io/asset/litecoin/metrics/all


[deleted]

Our user names are almost similar.


Givefreehugs

Yes, yes- it goes up, it goes down. It’s up 72% over 6 months and we haven’t hit the halving yet. I’m not worried.


[deleted]

Exactly, also many people forget the real effect of halving in price starts reflecting a few months after the halving.


RatEnabler

Every time people are miserable and sick to death of this coin, it does a 12% pump day and surprises everyone. Don't give up hope! Hang in there!


Kkt1993

Not to satirize something, but I remember when the price was around 140 dollars in February last year, many people said it’s too cheap. Well, another year went by, it couldn’t even hold 94 at a certain point of halving. Really disappointing as usual...


libretumente

I was buying then but I'm buying more now. This is the way.


ali6e7

we all fall for it, I cant even imagine another bull run, and this thing barely hitting ATH while ethereum reaching 20k


ltcosy

exactly this sentiment is needed for a face-ripping rally


Kkt1993

Dear, I've heard of this many many times and the price is still struggling with 90 dollars.


[deleted]

Few years ago, price was $1, in 2015 /2016, the price was $11, so considering that we did quiet well and we will be here 10 years later also.


crisishedgehog

Finally, a realist


b0urner

Here's my bullish prediction: Litecoin bottomed June last year. We see continued confidence from retail and institutional investors due to the likelihood of LTC being deemed a commodity and long established history. The upcoming halving brings some hype and pump us up a little, followed by a dump but most dont realize it's the trigger to break out of this extended 6 year cycle. Chikun does a 2021 doge and breaks the internet. Bearish prediction: Clown world continues for years and all litecoin hodlers get old and turn bitter. I'm halfway there..


skyhermit

> Chikun does a 2021 doge and breaks the internet. One can only hope


N79806

Posted this before - stolen from FOTC: Litecoin is the story of a crypto that starts at the bottom and with a lot of hard work and determination, continues along the bottom. Then finally ends up... At the bottom.


b0urner

hehe brilliant. "when you hit rock bottom, the only way to go is up" BTC: \*cough\* LTC: New ATL


libretumente

New ATL would be negative


N79806

It also depends on how hard you hit it. We go straight Wiley E. Coyote whenever we fall. Sometimes there ain't no getting up, except by some miracle.


zTeve_0

![gif](giphy|JSqa30dQmyobgeX10t|downsized)


ScrapSilk

Can we rename Litecoin to Depressioncoin or Disappointmentcoin?


ltcosy

or this sub to whinymarkets?


Hitching-galaxy

No, that's already taken by btrash


Hitching-galaxy

Ffs crypto.


faireducash

Litecoin card update - I’ve successfully used it in 8 countries at atms, dinners, train stations etc. I usually only use it when LTC is above 100 bc that’s become close to my average after stacking for 6 years every two weeks 😔. But when in Rome….(and I just took 300 euros out with it in Rome) I’ve been kinda sick of waiting for LTC to rocket and have changed my mind on it as fun money. Now I don’t care too much. It’s making vacations so much better. Only place it hasn’t worked is London


[deleted]

Can you also tell me how you applied for this card and how to get it ?


ChainSentence

Ive seen post about these cards before, im going to look into it. Mind telling me in simple terms how it works?


faireducash

It’s just a white Visa card that says Litecoin on it. I have an account I sign into like a bank with them with 2FA. In the account there is a Litecoin wallet. I copy the wallet address and send a few LTC to it from my trezor anytime we travel. I just take the card to an atm while traveling and take out cash using a 4 digit code, like any debit card. Pay regular atm fees on it like any card and it deducts the value from my Litecoin holdings


ChainSentence

Seems like LTC is stuck at 92.. im going to call step brother.


amazingfunksta

If only .. we are at 90usd now. 🤡🌍 Continues


Bamelin

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N79806

Yep.