Bitcoin Forum

any idea why this is happening right now?

https://s14.postimg.org/cghhdpu41/ltc.png

Some litecoin whale decided to dump a lot litecoin onto the market, all at once.  Someone needed money.  That's bout the only real explanation,  everything else is jist guessing.

Very well said only bagholders or whales could able to dump its price like that. I think this is the end for LTC or just another strategic move and would tend to pump up on the near future.If it doesnt then LTC would remain its place.

This is most likely what is happening. Litecoin was a great coin store your money in something stable (USD value). Supposedly the Chinese are big on it. Big dump happening and the market following. I doubt it will crash but not much adoption in terms of outside of crypto.

Maybe Bitcoin pump is causing dump of Litecoin savings to get in on the action?

Well I think personally that Litecoin has been dead for a long time now and there isn't really anything that can revive it except a big pump, which will only last a while, or a huge change in the litecoin code, which i think it is pretty much impossible.

However chinese are still pretty big on it. Interesting to see.

Im believing the same thing too which only Chinese had the capability to pump up this coin again but i dont think it will happen on to these days. Changing codes on litecoin is impossible to happen that could able to pump up ltc,many people do always say that LTC is dead already which is true because we can see the price is quiet stagnant for a while and now it dumps even hard.

i hope it is only this. then i like LTC because the $ price is more stable than the btc-$price.

Litecoin is not dead neither does it intend to die. The coin has come to stay and it has real-life uses - at least in China.

Lol, why are you even asking? This is Litecoin dying.

I am always right about LTC predictions, so if ur smart, sell your LTC now. Even if it means at big loss; loss will only become greater.

Ltc --> scam coin, even feathercoin is more useful.

Not an end, just a big dump, that's all. You'll see a pump coming soon too. Same old tactics of big whales. Pump and dump.

Litecoin has a lot of future, don't under-estimate it. ::)

Ouch. Thats a big drop.
Glad I traded my LTC for Monero a few weeks ago.

The volume is also quite big. I heard that there will be a hard fork for the litecoin to give it more innovative functions.

Yup, Litecoin will not die unless bitcoin dies or if there is major manipulation involved to kill it. It has lasted the most in altcoin, and is the first major altcoin,  I wouldn't give up on it just yet.

reported for being a paid monero shill

altcoin market is at a pretty bad stage right now, everybody is dumping every altcoin in the market and turning their moneyz to bitcoin!

but as for litecoin it is really strange to see this kind of big dump and this only happens when Chinese dump, they are the only ones that dump like this, remember the LTC halving pump and sudden dump?

but one thing is certain: this is not the end of litecoin, a coin that has been around since 2013 ish

There will never be a LTC pump ever again :).

Maybe because Litecoin is alredy dead. ???
Who wants to buy Litecoin in 2017? I'm sure NOBODY want it.

LTC will moon and rebound soon :)

standard litecoin price is 3dollar
this now down price litecoin not extreme
litecoin price this now still over 3 dollar
if pair use bitcoin is very big down price

May the second reason caused by bitcoin trend and they also get any impact for their price. But LTC have enough power for that.

poor LTC threw it all, the future uncertain -0.003btc

it's been lower in the deep past. litecoin's behaviour this year has made no sense to me. total junk has been going crazy but ltc has done zip.

Revival should come soon.

Target is 0.018 BTC per LTC.

no clue so far

I also got shocked when see the price yesterday..anyways who loses big money for this situation/Price like that

Why makes you feel optimism about LTC? I think SegWit won't give something for LTC. Because I don't see anything was being special caused by SegWit soon.

I will keep a small amount of LTC.  Just hope the future will be bright for LTC.  :)

Actually i have still some LTC on my online wallet which i didnt sell them off and same as yours im waiting for it to increase its price but as i saw on the price drop off LTC i think its the best time to buy but im hesitant to do so since my trust and confidence on this coin is lost.

could there be a relation between the LTC crash and the crash of ETH and REP? did they steal LTC from Bo Shen? at the 5th they sold LTC and on 6th of December they sold ETH and REP.

i don't think segwit will do much for ltc. i don't really see where the need is for it. it will be good for all crypto to see a working implementation. perhaps a fully upgraded ltc with all the bells and whistles might actually inspire more people to take a look at it.

realistically as an actual proposition for commerce it's far better than btc, quicker, lower fees, no shadiness, but if there's no demand then it isn't.

The litecoin may test the segwit for the bitcoin.

That's the main point how will be useless it. Even SegWit was held for increasing the bitcoin performance and fixing the block size problem.
There is no a reason give SegWit for LTC in my mind.

I thought you were saying LTC was dead one month ago. Now you prediction for LTC is 0.018 BTC ???
Can you give me any reason why LTC will rise to that high? LTC is in a long term bear market and price just keeps dropping every month. There seems to be nothing that is able to stop this long term downtrend.

Very easy. LTC holders are fearing that we are approaching a new all time high on Bitcoin, so they are dumping their LTC. ALL altcoins have been on the red for the past 24 hours and more. The thing is, everyone just wants to make more Bitcoin, and Litecoin holders are no different, make no mistake.


Ironically, from the top 10 coins Zcash was the only that I saw on the greens with a 5% price increase. I wonder who the hell was buying ZCash in the middle of a massive Bitcoin rally lol

thats not true. LTC is catching up

LTC/USDT
24hr Change
+11.15%

LTC/BTC
24hr Change
+7.51%

LTC is rising again.