Litecoin by mallorcaman

litecoin · @mallorcaman · Apr 22 '17 (edited)

$1.72

Litecoin

For a long time I have considered that litecoin has been severely undervalued  and lately allthough it has been slowly recovering I still feel that this is a cryptocurrency to look out for.  I feel certain that in terms of value it should be about 60-70$. Keep in mind for every btc in circulation there are 4 ltc and allthough not as well known as the the king of cryptocurrencies it seems like a good alternative and with segwit almost about to be activated things could really start up soon.

https://imgoat.com/uploads/ab3238922b/13086.jpg
img credit : http://www.coindesk.com/information/comparing-litecoin-bitcoin/

What do you think about litecoin its target price and what might happen?

👍 neoxian, pharesim, jacobcards, bcc, roelandp, hipster, redpalestino, lichtblick, kenny-crane, dumar022, creatr, mallorcaman, aidancloquell, bkkshadow, juanantonio, sokoloffa, strangerarray, richardcrill, personz, giantbear, lily-da-vine, theyeti, jonathanyoung, acidyo, spinbunny, bitshares101, rafelchato, pcste, alexgr, steembot-general, ubg, smysullivan, jlufer, borepstein, billykeed, foreman, raymonjohnstone, steembot-soldier, steembot-medic, maarnio, darth-azrael, steembot-colonel, breezin, angusleung100, preparedwombat, azzurra92, projectnewbie, tzimis, loreennaa, playman, alol, floriangirault, funkit, calvinadamus, cryptonetwork, sqube, peuhaba2020, estibuil, fisteganos, strawhat, loconaider, metropolisbar, elgeko, urbandancegirl, and 34 others

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@funkit · Apr 22 '17

I think you are right. Mining it like there was no tomorrow.

👍 mallorcaman, azzurra92

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@mallorcaman · Apr 22 '17

Thats awesome, I remember a couple years ago loosing 14 btc on litecoin gear mining which turned out to be a ponzi scam :(

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@azzurra92 · Apr 22 '17

I mine LTC on Genesis Mining! Actually on GM they are the best alt coin to mine, with the shortest ROI! If you want to use my promo code (3% discount) it is b7StNV

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5 replies

@cal2l · Apr 22 '17 (edited)

Keep in mind that litecoin is currently the only altcoin using/trialing segwit. People are betting on their success pioneering this as the segwit vs bitcoin unlimited debate continues.

👍 mallorcaman, preparedwombat

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@azzurra92 · Apr 22 '17

I have only 1 LTC! Ahah I'm poor &#128514;

👍 azzurra92

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@acidyo · Apr 22 '17

>Keep in mind for every btc in circulation there are 4 ltc

16.3 mil / 50.76 mil is ~ 3.2x so it would be rounded down to 3 instead of 4.

👍 mallorcaman

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@mallorcaman · Apr 22 '17

$0.06

Yes I think what I meant is the total future supply. 84mil vs 21 mil thanks for that  clarification.

👍 pharesim, mallorcaman, hipster, acidyo, projectnewbie, fisteganos, strawhat, samether, evildeathcore, cryptochannel, tamersameeh

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@acidyo · Apr 22 '17

Yeah that's true!

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@jacobcards · Apr 22 '17

Litecoin is going to go up for sure. It has been undervalue and this should only send it up.

👍 mallorcaman

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@mallorcaman · Apr 22 '17

Yeah but the only thing I dont like about ltc is the price control. I get the feeling a few bag holders have got too many ltc. This makes sense if you look at its history. Only mainstream adoption would sort this out and force a more even distribution of this otherwise great coin.

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@jacobcards · Apr 22 '17

I dont own any litecoin right now and dont plan to, it would have been nice to get into a few months ago when it was completely stable.

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@screenname · Apr 23 '17

Re: Litecoin

<p>This post has been ranked within the top 10 most undervalued posts in the second half of Apr 22. We estimate that this post is undervalued by $4.17 as compared to a scenario in which every voter had an equal say.</p> 
<p>See the full rankings and details in <a href="https://steemit.com/curation/@screenname/the-daily-tribune-most-undervalued-posts-of-apr-22---part-ii">The Daily Tribune: Apr 22 - Part II</a>. You can also read about some of our methodology, data analysis and technical details in <a href="https://steemit.com/curation/@screenname/introducing-the-daily-tribune-most-undervalued-posts-of-nov-04---part-i">our initial post</a>.</p>
<p>If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.</p>

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@pps · Jun 28 '17

@mallorcaman nice post. I thin litecoin is under valued.
for an intresting read about litecoin :-https://steemit.com/cryptocurrency/@pps/litecoin-complementary-to-bitcoin

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@satx210 · Sep 1 '17

4 months ago you went to the future... Now here we are!!

properties (22)

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