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Title: LTC hypothesis Post by: metalbean on January 20, 2017, 10:14:26 AM Since China has a massive effect on movements (though not as crazy as some suggest but still massive enough), with the three big exchanges there firmly behind LTC after BTC, will LTC grow in 2017 as the Chinese government tightens capital flow?
Potential wise I am more supportive of ETH but market-wise pricing might grow faster for LTC? Just 2 cents from a learner. Title: Re: LTC hypothesis Post by: lokomotive on January 20, 2017, 10:42:56 AM LTC grows look mostly pumps. So basically some plp pump up price and then dump LTC and move to next coin. Can't really see a potential of regular growth for LTC.
Title: Re: LTC hypothesis Post by: BitcoinNational on January 20, 2017, 10:48:52 AM in eye of the general public (not here amoungst the BCT crowd)
LTC is still the silver to the BTC gold. Title: Re: LTC hypothesis Post by: cryptohunter on January 20, 2017, 01:35:12 PM in eye of the general public (not here amoungst the BCT crowd) LTC is still the silver to the BTC gold. I think some here still may share this view. I know many like to put LTC down but when exchanges stop BTC withdrawals you notice they all run for LTC. Perhaps now other coins would provide the escape they seek but LTC would still be either the primary mode of transfer out or one of the main ones. Nobody knows which way LTC will go. I am hoping it will get back on track with the new upgrades. I guess some people say it is become a simple test net for BTC but these updates actually sound like they could be pretty useful for a number of things. Title: Re: LTC hypothesis Post by: Karpeles on January 20, 2017, 01:55:34 PM Of course if the chinese attack Bitcoin to stop the flow of capital, they will also attack Litecoin and any other crypto that has any significant volume.
Maybe for a short time, before PBOC realize what is happening, Litecoin may get some valuation, but I doubt Title: Re: LTC hypothesis Post by: alyssa85 on January 20, 2017, 03:37:08 PM Since China has a massive effect on movements (though not as crazy as some suggest but still massive enough), with the three big exchanges there firmly behind LTC after BTC, will LTC grow in 2017 as the Chinese government tightens capital flow? Potential wise I am more supportive of ETH but market-wise pricing might grow faster for LTC? Just 2 cents from a learner. There have been a few litecoin pumps started in China before. see https://cointelegraph.com/news/chinese-pump-n-dump-suspected-as-litecoin-passes-bitcoin-in-trading-volume https://blog.bitmex.com/chinese-promoter-pumping-litecoin-via-ponzi-scheme/ I expect there will be many more Title: Re: LTC hypothesis Post by: mining1 on January 20, 2017, 04:20:23 PM Stay away from LTC, it has no future. It's an old project with no adoption and behind in development. If somehow everyone from btc would switch to ltc, then ltc would suffer from the same problem btc suffers. Centralized (because of asics) clogged unscalable chain.
Title: Re: LTC hypothesis Post by: thejaytiesto on January 20, 2017, 07:48:07 PM Since China has a massive effect on movements (though not as crazy as some suggest but still massive enough), with the three big exchanges there firmly behind LTC after BTC, will LTC grow in 2017 as the Chinese government tightens capital flow? Potential wise I am more supportive of ETH but market-wise pricing might grow faster for LTC? Just 2 cents from a learner. I don't understan the connection between china thightening capital flow to a potential or hypothetical LTC pump... if people watn to move money away from their shitty governments, the same principle is going to remain: bitcoin is the way to go. Litecoin is not going to suddendly be used for anything serious. I support Litecoin because they are supporting segwit, and I think it has acertain value as a silver of crypto, but I dont expect any gains beyond your average altcoin short lived pump. |