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replied 2073d
There is demand for Litecoin. They have a large community. I think it's slowly dying, but it's still there.
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replied 2073d
This is bullshit. Litecoin is a shitcoin with little activity.
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replied 2073d
I agree Litecoin is junk. But there are still some pretty big holders keeping the price up. https://bitinfocharts.com/top-100-richest-litecoin-addresses.html
replied 2073d
These lists are usually exchange wallets or old addresses with lost private keys.
replied 2073d
Large community? Have you seen any lite coin products made in the last few years?
homopit
replied 2073d
Litecoin has a large community of traders. They do not care on any other ltc product or usecase, all they need is that ltc is supported by every exchange out there, so they can trade.
replied 2073d
Traders are not community. They trade pretty much everything else. We don't have loyal trader out there
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homopit
replied 2073d
That's the only community ltc has.
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replied 2073d
That's exactly it. Litecoin is only used for speculation. It has no community only speculators. BTC users are also mainly speculators, but there are still people who use BTC for
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replied 2073d
All crypto is speculation. Even BCH. No matter how good BCH works, if nobody is willing to accept it, It's a long way to go for mass adoption.
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replied 2073d
shopping.
replied 2073d
No, but there are a lot of Charlie Lee sock puppets. That's all that's necessary.
replied 2073d
I don't think sock puppets have any money to influence anything.
replied 2073d
You want to make sense out of it, finding the rational reason behind price action but markets are irational. There is no reason for many crypto projects to have value but they do
replied 2073d
There is a reason. It's all speculation. Even BTC. People will always invest in speculation. That's the rational reason.
replied 2073d
All thanks to market makers, day traders and shady exchanges


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