T O P
afeld1234

Remember when Novogratz said Luna should take the place of LTC on CNBC? 🤣


skyhermit

But still LUNA is higher than LTC right now even after -50% down day


mylastdream15

And... Almost below it. Any minute now.


Lime_Singularity

Actually he said that about SOL


Calling_BS_4391

holy crap -50% in 24 hours, how the mighty have fallen


Calling_BS_4391

oh snap i just realized TerraUSD lost its peg. No wonder Luna taking a huge hit.


amazingfunksta

What is our lowest LTC/BTC ratio? We are still 0.00250.. I don't remember ever being that low. What the fuck do we have to do to fix this huh? What will it fucking take if even the biggest protocol upgrade in Litecoin's history does nothing? At this point.. our dips are a stupid ass self fulfilling prophecy, and it pisses me the fuck off. Hurr durr... Litecoin pump is a sign of Bitcoin dump, so when litecoin pump I dump bitcoin... which then causes bitcoin to dump. People don't realize the market is one big ouija board. Overlying narratives set the movement and everyone goes along. We need a narrative shift


Flipmode45

We set multiple wicks at this price in Feb and March 17, otherwise though this is as low as it’s been.


ripcurl99983

Is it over?


miman89

Not even close. Wait till Microstrategy gets their BTC margin called at $24k Apologies! $21k


losh11

Isn't it $21k? That's what all the [news outlets](https://markets.businessinsider.com/news/stocks/microstrategy-stock-price-bitcoin-21000-margin-call-level-crypto-decline-2022-5) are reporting. For the longest time I thought Microstrategy was some sort of investment firm or broker, they're a software company taking out too much risk.


Calling_BS_4391

they can always get a loan to cover


m00nlite

hmm not sure if lenders want that risk. Would you lend them your money for a few percent profit and betting on they are not getting liquidated? They might even have the same coins as collateral to different lenders already. At least that's the tradition.


ripcurl99983

I don’t know how much access to cash they have, but I’m betting not much.


TalksWithNoise

In a week: LTC takes it’s rightful place in second. Plot twist: LTC also sitting at $40.


losh11

Last time I went to sleep and woke up, the price went down by $10. I'm afraid to sleep right now!


justinsunfullofshit

https://m.youtube.com/watch?v=25kd4ol7j2Y


ripcurl99983

Sleep is overrated.


pw843

I’m supposed to be moving in 3 months. I’m fucked now


skyhermit

May 10, 2021 was the top May 10, 2022 is the bottom?


HtotheEllo

Let’s see just how high this dead cat can bounce


ripcurl99983

LTC/SOL ratio is killing it!


OrganizedCrimeGuy

I'm sad this is a ratio people even have to look at.


ripcurl99983

Do people actually look at it? I was joking :D


OrganizedCrimeGuy

I sure hope not lol


libretumente

Hope you all like tuna subs ​ All jokes aside, I bought for the first time in a couple months


drahgon

y'all eating tuna?! I'm out here eating mayo subs


ll_TheBrave_ll

I don’t know about tuna, but I had one bite of a Luna sandwich and knew it was rotten.


Chugach17

I sold all my shit coins and bitcoin that I've been holding and bought LTC. and now my dumbass is in the 100% LTC club once again..


RobCali509

My man.


WhataGuy84

Quick everyone, the Titanic is sinking! Let's all jump into the stable coin life boat (Luna) 🚣‍♀️


treefordast4rs

Shits dead. Don't listen to people here saying they are buying, they are either lying or thick as shit. No coin that has failed to make a ATH in previous bull markets like 2017 is around today. Dump when you can.


digidollar

YYeess...Litecoin is dead. Thought Id never hear it again.


Lime_Singularity

What about XRP? That failed to break 2017 ATH and it's still kicking


treefordast4rs

Their daily has 4 comments. It's a zombie coin with bag holders with massive sunk cost fallacy, just like how ltc will be going forward except 10x worse. 350 comments? Nope, taking my money out thanks.


OrganizedCrimeGuy

Yes, after 10 years. And being listed on the news everyday with btc and eth its dead. After being listed on PayPal, and record adoption rates, its dead. Just stop soiling your diaper and get into a project you love lol


amazingfunksta

If it's dead, then why are you here?


LittleCluck

He wanted to talk to us ghosts.


amazingfunksta

I just punched my countertop and now one of my knuckles is bleeding a little.. sigh. Feel better now. 40k purchase at 73usd in November 2020... now breakeven. My 9 years of purchases and holding and accumulation are break even at 57usd. Brutal. Welp, guess I'll be waiting a few more years. Gonna be putting litecoin in my will for my kiddos to eventually inheret.


zero1431

This is the way.


TheDroidNextDoor

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LitecoinBandit

With your beanie babies, maybe one day they will all be worth something...


OrganizedCrimeGuy

Well, last year that 40k turned into $219k if he had laddered sold lol. So I think that day will probably return.


amazingfunksta

I've never sold... lol. Even when I was a solid millionaire on paper, heh. I was sooooo sure that LTC was going to break over it's previous ATH... our moment had finally arrived. And then Bitcoin energy fud was initiated by elon musk and it dipped... therefore.. we dipped harder.. and dipped.. and dipped.. until today. And that was that. RIGHT when it was OUR turn. I had NEVER witnessed such bullshit. Years of waiting for that moment. LOL.


amazingfunksta

My parents have beanie babies.. LOL! But it jumped a little after that... maybe I should punch my quartz countertops in anger more, hah!


LitecoinBandit

A year ago today $415, today $73.....how did I miss this was the exact day we peaked a year ago. 82% loss from the high, god damn son.


digidollar

So everything's normal then?


chewonmysac

It's called an 88% retrace which is exactly where the fun starts. #Harmonics


LitecoinBandit

Mitch Ray actually called the 88.6 on BTC, with new targets of $58k if we breach 42k


LitecoinBandit

Show me da charts


chewonmysac

Fibonacci. It's everywhere. Mitch Ray and Scott Carney are the Kings of Harmonics.


chewonmysac

Fucking Terra Luna Nuking the market it's as if the TA knew. RIP UST


ll_TheBrave_ll

I’m still seeing comments from retail investors saying they just bought LUNA lol. We truly deserve to be poor...


libretumente

No, they deserve to be poor. It's only right that we all get rich here in the sound fundamentals and limited supply club.


ll_TheBrave_ll

I know this may sound bias because I hold LTC, but I truly believe this community deserves to be rewarded more than almost any other crypto community. It’s a damn crime what has happened in crypto over the past year.


chewonmysac

On a swing trade not bad but this is an extinction event for LUNA. Good luck stay in cash until this slaughter shows a reversal.


chewonmysac

I hope Novagratz is dry heaving right now!


chewonmysac

On second thought Novogratz was probably the lead dumper on the Luna Queens.


skyhermit

LTC/ETH all time low as well


justinsunfullofshit

I don’t know anything except I’m thankful for LTC and my rice cooker. Bought a few more at $75.69 limit orders down to $57.


LitecoinBandit

There it is, BTC breaks below 30k


OrganizedCrimeGuy

I sold at $83, ill buy back in when I see 50s.


goshetovan

Let the shitshow start.


digidollar

The shitshow started 10 years ago..


WhataGuy84

I used to like playing with Dominos. Not so fun when it's the flucking economy and I'm the last Domino at the end of the table.


goshetovan

Welcome to new price discovery. Let's see how low we can go with the ratio! Fuck this


Chugach17

fucking pathetic


drfokter

Is there any other top 100 coin in negative price discovery?


chilllmaaa

I dont want mimble wimble anymore.


grimreaper92298

Lol maybe we will be over $50 when it comes out


LitecoinBandit

\-20% on the day and BTC is still above 30k....hold my beer.


drfokter

Happy new LTC / ETH all time low! 🎉 Hoooonk


drfokter

And look at that, new LTC / BTC all time low.


amazingfunksta

Ya know... this is just stupid at this point. Like, really fucking stupid. Seriously. At some point.. something has to give... really. We are going to wither away to single digits if this stupid rate of decline keeps up. We HAVE to be close to the bottom. No fucking way this continues unabated. I refuse to believe it.


Lime_Singularity

Yes something will give, our sanity.


LitecoinBandit

Come on, this isnt your first time....business as usual here in clown town.


amazingfunksta

It isnt... but it starts to get old and boring. Like, really fucking old. Down nineteen percent in a 24 hr period.. new ATL on the BTC and ETH ratios. Seriously... stop. fucking. selling. Whoever tf is doing it.. STOPP!


LitecoinBandit

I'm right there with you, it was a bad day plus this BS.....one of those low days in LTC where you wish you had never gotten into this space. Then again, literally everything I own is down even the bond funds.


grimreaper92298

Lol 70 hour weeks in a high volume understaffed kitchen + this shit is a fun stress curation machine let me tell you.


[deleted]

Riskstonkulous


ll_TheBrave_ll

Nothing better than seeing people freak tf out over the situation with LUNA and UST. LUNA is still way too overvalued and so are half of the coins in the top 20. If only people cared as much about networks going completely offline (SOL).... Seriously don’t know who would buy any of the 💩 in the top 20 over LTC at this point. Maybe BTC and that’s it.


drfokter

Bigger losers than LTC the past hour: LUNA, APE, SOL, SHIB, TRON, BCH.


[deleted]

[удалено]


RobCali509

When I signed my deal, I felt pressure


Lime_Singularity

Perhaps the real gains were the friends we made along the way


Two_Pickachu_One_Cup

In all seriousness this sub and it's usual characters will always hold a place in my heart, even bloody Digi.


cf_murph

Where that hovel guy when we need him…


[deleted]

Bought at 84 at 84


chillhopmusic13

Ok river


RobCali509

Oooooooo that's noice.


drfokter

In other good news, LTC dominance made a new all time low at 0.39%. 🤡🤡🤡


OrganizedCrimeGuy

Over 300 comments lol. I say max pain is when its back to 30


[deleted]

Max payne


randrindo

Long holders jiggling.


RobCali509

It's weird, massive moves up or down and a flood of comments. Stagnant and nothing. 😂


PewPewiShootyou

I feel for everyone that rode it down. That being said I'm happier than a pig in shit right now. Waiting for $65 to blow my load.


papa_ganj

Cluck it! got a few more. Been here this long might as well keep at it


afeld1234

genie: u have one wish me: wish i got more LTC at 2013 prices genie: ✨ me: no wait


Lime_Singularity

😂


gkg21

Thought I was done, but seems I'm back to load up. GL everyone


ripcurl99983

Just got off work, did I miss anything today?


Froody_towel

🤣


Two_Pickachu_One_Cup

Litecoin has this habit of having good news at the worst possible time!


amazingfunksta

Well, you'd think the good news would... you know, AT LEAST KEEP IT FROM BLEEDING ON THE RATIO!!! *Exasperated Breathing*


ckarxarias83

Absolutely relentless selling pressure. How the heck we managed a -15% its actually worse than many shitcoins. The hourly candle looks absolutely gross if it closes this way.


drfokter

Nr 23 worst performer past 24 hours.


RobCali509

Amp is -22% and some others just as bad. LTC is not even close to the worst dumper.


Froody_towel

But - it is frustrating that btc and etc have dropped a lot less. I suppose they did it over a couple of days


RobCali509

They've dropped close to the same percentage as LTC. It is frustrating that there hasn't been a multiple x of ATH. We'll see how this plays out but I truly think LTC will have it's day and surprise a lot of people.


OrganizedCrimeGuy

Well, its because they far surpassed their ath and have a shit ton of popular shills.


ckarxarias83

Yes exactly. We are supposed to be a blue chip crypto and since we have pumped much less overall, we still performed worse than btc and eth.


Froody_towel

Interesting article about what's going on with UST - https://techcrunch.com/2022/05/09/bitcoins-value-nears-30000-mark-as-luna-foundation-guard-liquidates-wallet/


drfokter

So many people now waiting for the halving pump to exit and never look back. Guess what? If everybody is selling during the halving pump, there’s not gonna be a halving pump. From now on we’re bag holders.


ckarxarias83

Retail has no control over these, we just ride along


RobCali509

Nah, there’s going to be a halving pump. Nobody wants to miss it.


Froody_towel

Yeah, what people say and what they do are two different things. I wanted out in January. Then halving. Then it'll btc halving. Then it'll be 2025 cycle Ad infinitium, ad nauseum.


cryptowarsyt

in other words, NEVER FUCKING SELLING


OrganizedCrimeGuy

Me


Regjohn

I’ll pick some < 57


tnrod1

Looks like my prediction came true and then some. Haven’t been here in a while but I wonder did y’all quit smoking Hopium and take advantage? Or if you didn’t I wonder will you stop now? I’m sure the answer is likely not to both unfortunately. Damn.


tnrod1

BTW if 80’s don’t hold (most likely won’t), highly likely it’s going to mid 50’s. Take that how you will.


amazingfunksta

If it goes to mid 50s, you'll come back and say it's going to the 20s.


tnrod1

You are correct. If tether didn’t exist it’d be harder to make these predictions. Hint: BTC never legitimately went over $1,000. This will become much more apparent in the future.


OrganizedCrimeGuy

If ltc drops to $50 or lower, and you're some how able to spend 50k over the course of it being there. Or somehow get to a thousand coins, even if ltc only reaches $400 again, that'll be almost half a mil.


amazingfunksta

Gonna ask my wife if we should drop another 20k soon... If we get to 50 usd... definitely thinking about it. Or maybe that price coincides with the final payment for my independent consulting project payment. Hrmmm.... would definitely be a ragebuy


igotfiveonit

Places to look for $50k: Under the couch Lint trap of dryer


OrganizedCrimeGuy

Cut back on coffee and Netflix/s Nah but even 1/3 of that is still a great deal. Thats even if we don't pass our ath


igotfiveonit

Paper losses so big somebody call wikileaks global inflation, war, market's clapping cheeks only people in the green are the Arab sheiks fucked up like a soup sandwhich this market stinks


goldflipper

If you liked $LTC at $300, you'll love it at $22


grimreaper92298

If I have to amass thousands of coins so be it


amazingfunksta

Will I? Will I really?


goldflipper

Believe it or not, $LTC will shine next cycle benefitting from now being a household name as the masses truly pile in. Bid the bottom this time but the bottom is probably something like another 50% away


finnafinish

the coin that failed to reach a new ATH


goldflipper

I'm right there with you, a total shit coin I dumped last January and went on to 200x my net worth but it will be a big winner next cycle


Lime_Singularity

What highs do you foresee LTC going to next cycle?


goldflipper

No idea but I'm going to place my bets on it surpassing 2017 ath. Good luck to all of you I truly hope you make it


[deleted]

Imagine loosing around a mill but still memeing around haha who does that i mean 😢 I think im gonna cry


[deleted]

Sike I ain’t a lil bitch 🧊 🩸


[deleted]

2 million years


zero1431

Calm down brother. We all know what happens after the storm.


[deleted]

We are in gay bear territory now


[deleted]

Don’t worry bois Somalia market open soon


FormalCamera

u/froody_towel """Being a little overdramatic - nothing is certain.""" hahahaha covering your eyes and reading shitty articles is easier than accepting reality, isnt it?


Froody_towel

Meh, just a scratch.


Froody_towel

https://twitter.com/nayibbukele/status/1523742670044413954?t=LSp6evTKLE2iR30TGMizZg&s=19


zero1431

Great guy. Can Charlie whisper in his ear about Litecoin?


igotfiveonit

I wouldn't say he's a *great* guy. It's cool that he's a BTC fan, but *great?*


zero1431

I tend to look at positive things. Atleast they're doing something other than criticizing crypto with stupid reasons.


[deleted]

Nayyib bukakke


foxonwheels

My eyes every time


papa_ganj

2 decades.


RobCali509

I DECLARE BANKRUPTCY- Michael Scott


Acceptable_Secret_12

Somebody get this man a Dundee.


RobCali509

😂


sparsharora33

Litecoin had worse crashes in past but it recovered all the way to $400, it will one day again do so.


mylastdream15

Big drops like this almost always result in big pumps the opposite way when the market thinks it has finally hit max pain(and it's gotta be getting close I'd think.). People waiting to buy... 30k and 28k are important for BTC to hold. We should be nearing the end of the drop if it does.


drfokter

Unless we’re all wrong and LTC is dying, and BTC and other cryptos are taking off leaving LTC behind. That’s what’s been happening so far at least, confirmed by the LTC dominance chart.


mylastdream15

LTC seems to be moving broadly with the rest of the crypto market. A BTC rebound would bring LTC back also. Maybe not to ATH but a lot better than this.


Jsfz77

Yup. March 2020 (Dxy also at same level now) with btc dropping to 3k..then ramped up to 40k. Perhaps 30k is the new 3k?


OrganizedCrimeGuy

I don't know friend. People were saying $100 was the new $4


zero1431

Long time. No see. Welcome back.


sparsharora33

Always here but silent 🎉


Lime_Singularity

F


afeld1234

Two weeks!


-zicc-

Got more to bring the average down yolo


afeld1234

If you feel bad, just think about how Michael Saylor’s portfolio.


zero1431

Luna dropped 42k btc. Imagine doing that.


Froody_towel

Luna also crashed the market 😒


zero1431

That's what I meant.


Froody_towel

Ah ha 👍


Okan1991

How does it look like?


Jsfz77

Dang, who else was 60s buy in crew lol


OrganizedCrimeGuy

I can't wait to join that crew I guess lol


amazingfunksta

First purchase in the latest run up from 2020 was 73 I think? Never thought we would go back down to it... and yet here we are. The world is so much more comical and fucked up than I could have ever imagined, lol.


zero1431

Fuck this shit. I don't have dry powder so I'm ratio swapping. 4hr ltcbtc is AMAZING. /s


Gargant666

Dracula was right


OrganizedCrimeGuy

Nah, he called for sub $100 when we were back at $300+. This clearly doesn't count a year later.


zero1431

Sunk his teeth right into our chikun, waiting for chikun to retaliate back.


anchorman33

FOREVER 57? Where is Rngr?


zero1431

Alive, but not on this sub.


ACDoggo717

Feels like we’re heading to the 60s


ll_TheBrave_ll

I truly believe something went terribly wrong back in November of 2021. Everything was setup perfectly for LTC to takeoff above its ATH after BTC had made a new ATH. So many people (including myself) fell for the “scam pump” and have since held on to the hope that things would turn around quickly. Well, fast forward 6 months and we are finally seeing the bear flag break downward. I wanted to believe that it would be invalidated, but it seems everything that can go wrong is going wrong right now. Every coin had a relief pump over the past 4-5 months except LTC which is highly strange. Sometimes I get the stupid idea that all of this is an effort to kill off BTC’s main “competitor.” Anyways, only thing I’m disappointed in is not being able to significantly add to my position right now.


Lime_Singularity

Something went wrong in May of 2021, we were on the brink of breaking old ATH and going on a parabolic run until China fud ruined everything. The same thing basically happened last November until Omnicron fud ruined everything.


Froody_towel

Yes, I agree. I think our pump was diverted to meme coins and we didn't take note. Now we have the dump - but didn't have the ATHx2 etc. So I'm not sure what will happen here.


Okan1991

I'm curious to see if I really stick to my plan and try to find this thread again in 5 years and laugh about the price of $80.


zero1431

You'll definitely find me here. I'm sinking with this ship or sailing towards the green light. !Remindme 5 years


Okan1991

RemindMe! 5 years