Bitcoin Forum

It seems to me someone with a very large amount of coins is suppressing the price. Could it be another coin bought up LTC cheap just to hold it down? There has been for a while a lot of sells stacked to keep it from moving up. Yesterday a 2000 btc sell wall at .012. Who would need to accumulate at this price when it was so low for so long. If you have 2000 btc worth of LTC , why would you need more?

I was really excited about lite coin. It was one of the first coins that I started mining back in the early days. I can remember how nobody believed in it saying it is a worse copy of bitcoin. Still I kept my coins to a moment but then I had to sell since I had to pay some bills BUT if I could I will have still been keeping them to that day. And now with the SegWit!!! Oh boy I think that LTC will have a bright future especially when BTC gets forked.

Litecoin is proving to be a stable coin ,i expected some sort of rally once again after the successful activation of segwit and after that we did not see any breaking news regarding the price nor from the team,i still think it will rise again and so i am waiting for a long time growth.

http://imgur.com/a/vEkdp

I hope you are right, as I bought a few a couple of weeks ago...

Because those are need more money to buy a lot of lambo. The whales are so greedy. With thousands of bitcoin worth of litecoin and they are trying to press the litecoin price to get cheap litecoin. But i think the potentially of litecoin is really bright. the price is always growing every time and those don't want to miss the chance to grab more litecoin through the price manipulation.

I BELIEVE LITECOIN WILL INCREASE MORE BASE ON MY OWN RESEARCH AND OWN SPECULATION . Even many people sell their litecoin many people also holding and still buying litecoin. Litecoin is very promising coin and for sure the price of litecoin will increase more . So keep buying litecoin if you want make a lot of profit. For you what is litecoin?

For me Litecoin is a coin with a reputation of stability and clean history. I believe its relationship with coinbase and bitcoin will one day pay off. I feel the whales in this coin are holding it back. If bitcoin drops and interest is lost. Everyone will be left bagholding including the whales.

good point as i see the same too mate, i think whales are just continue accumulating and if ever bitcoin drops they have another good alternatives
so the fact that they are holding means that they are expecting something bigger in the future, just keep holding and trust this system and for sure
we will be paid off.

How can whales accumulate large amounts of Litecoin or any other coin and don't lose more than they would win with their future pumps?

I believe whales are holding it down & just waiting for the right time to pump the market up by the amount that they have.. hope they are not that greedy enough to push the price of LTC too much down..

This is exactly what I want to say. Hold your LTC and wait for the rocket!