TheGoldenRider
Long

Litecoin real base price 505 USD + TA

BITFINEX:LTCUSD   Litecoin / U.S. Dollar
Here is a little update. Due to lack of participation, I have not yet published the data in the linked thread. (Litecoin real base price 505 USD, more important than any TA)
As you can see, although your trading price has changed, but not the base price. Now is the moment why you should ask yourself this question.

Good luck and happy trading
Comment: This could be a possible scenario. The scenario only describes how we get there. People always need pictures to be able to imagine things. But we all invest money, most of us but without taking a close look at the fundamentals.

Only if you have rated an investment, then it is worth making a chart. Therefore, the evaluation of an investment is strongly related to the technical analysis and the potential.
Comment: If you want to rate Litecoin, you have to think outside the box. You have no key figures from an operating business as it is common to a company. This is no magic. But I can understand if some do not want to give up their opinion. They did not learn otherwise. Crypto is too young to apply old knowledge just like that. But then please let me have mine opinion.

Which things influence the value I already wrote below.

- Litecoin is a brand,
- a product and
- a means of payment.
- All in addition, on a huge network which is almost as old as Bitcoin.

The most difficult in the rating is the network. It is huge. But also here you will find the solution in parallel to a company. Think cross. Fill tables. Determine average values. In relation to the previous period etc.

I conclude the subject herewith.
Comment: The linked idea was new commented by me.

Comments

@london55555 @Pivotologist

now it will become clear to you that the financial assets had to go to the Litecoin Foundation.

Litecoin Foundation Acquires 9.9% of Bank in Payments Partnership bit.ly/2zsyrud (CoinDesk)

Reply
london55555 TheGoldenRider
@TheGoldenRider, @Pivotologist You understand that The Litecoin Foundation paid ZERO for this 9.9% correct?? Count it ZERO.
Reply
TheGoldenRider london55555
@london55555, false
Reply
london55555 TheGoldenRider
@TheGoldenRider, @Pivotologist What do you mean "False"? They go the 9.9% in exchange for their technical expertise - they paid ZERO. Please do your homework - before you say anyone is posting false information - you're obviously a very stuck long but at least post something that has merit.
Reply
london55555 TheGoldenRider
@TheGoldenRider, @Pivotologist p.s. You also understand that the "Foundation" has less than $800,000 in assets correct? How much LTC did Mr Lee sell? Count it. If I recall it was $31 million or more. There has also NEVER been an official audit of the "Foundation" and it's assets - you know why? Guess. If this were a USA Foundation that would never be allowed - EVER. Do your homework if you're going to chastise people. That said - Good luck.
Reply
TheGoldenRider london55555
@london55555, You are incorrigible in your way of communication. your statements are wrong. you know it. but it is probably your job to spread such information. FUD.
Reply
london55555 TheGoldenRider
@TheGoldenRider, Sorry to tell you but go look at the Foundations financials then you can come back and tell us that we are right - please at least do that. The financials are public information. There is less than $800,000 of assets in it.
+1 Reply
dRends35 london55555
@london55555, Very useful yet again. Browsing your 'Commented' section is a little treasure trove for finding information to research that I would have not considered, nor been able to find elsewhere. Thanks
+1 Reply
Charlie started selling at $95 only 7 months ago. LTC is not worth $505 at this point in time, not even close.
+1 Reply
arandon Pivotologist
@Pivotologist, Charlie is not all-seeing, nobody can predict the ATH, including him. Obviously he wouldn't sell at $95 knowing that the price will sky-rocket to 300+
Reply
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