Memes & Markets Litecoin debate

    por Gigliola: Bitcoin

    New buyers don't care about utility, just price action. That's why legacy projects like Litecoin could see another season after a long depression. In 2017, Coinbase saw purchases driven by the Bitcoin's silver narrative, and that story might repeat. Most of the world hasn't entered crypto yet, so older coins may finally get their chance. Sami is a big Litecoin bull who thinks it will perform well, and the speaker agrees with this thesis. Keith notes Litecoin remains ranked within the top 20 tokens. He compares Litecoin to silver and Bitcoin to gold, suggesting the gold-silver ratio implies potential price movement. If those old coins pull in again, everyone watching could get rich.

    Transcrição (en)

    what do you think about Litecoin? I think Litecoin has been in such a long point of depression that I think it will do well too. Your friend Sami also is a big Litecoin bull right now. And I would agree with his thesis. If you look at that price chart, that's, yeah. I mean, if Litecoin does well. Which I think it will, man. Everybody watching this is going to get rich. I think we're going to see seasons like that though, man. Like, I don't, I think it's going to be the legacy project. that do really well. I mean, that's a fascinating thought. Because like, once again, Litecoin is one of those like 2017 Coinbase, like goes up just because it's Bitcoin silver. Yeah, that's what I'm saying. That will get repeated again. And Keith, you've been here for so long, right? You forget that most of the world will be coming for the first time. And I do think you kind of go through the like, the evolution of things where you see the dumb shit first and then you get closer. But the difference is this time, like those things don't have as much relevance. like light coin let me see let me see light coin is still a top 20 token to be fair yeah oh it's still there buddy you need your silver to the gold come on if this is gold this is silver and then i'll pull the price charts of like look at the gold the silver ratio it's bound to move i just feel like there's so much like actual stuff now though but the people don't fucking care. All they give a shit about is the price moving. And there's already a supporter base here. Here we talk Bitcoin, altcoins, and whatever crypto Twitter is arguing about this week. So if you're in that world too, hit that follow button.