Bitcoin Forum

Litecoin Cash is pumping hard for 2 weeks, do you think that's the breakout point?
It's really irrational, cause Litecoin is falling atm. Opportunity?

Seriously, are you sure about that? i see nothing happened with your fork coin. 4k USD volume in a day and you calling this a breakout? you must be joking about that. You can even pump it with your money.

There's no opportunity. This is also not comparable with litecoin. Did you think LCC was performing even better than itecoin? I see no chance for LCC to growth except to be pumped just like meme token.

Yes, Litecoin is undervalued too, like Litecoin Cash.
Litecoin will rising up too, especially when mimble wimble comes and Litecoin in PayPal Europe...
And a lot of other positive facts on the price...

There is no fight between Litecoin and Litecoin Cash.
They are brothers who complete each other very well.

If you want Litecoin I will suggest you check their devs update and whats going on with the coin before running wild and investing your hard earned Money Also I think unless you are a long time investor then remember coins like dots ada and the rest smart contract right now are on wild run and with flames like that is just low possibility of litecoin getting any much pumps but stick you decide what to do

A lot of things will pump it the next months, but you have to invest in something which have a safe pump and no dump.
Why invest in short term sucess like doge or shibainu, if you can participate on something great and make an impact on the future crypto space?

This is my first time to heard Litecoin Cash, lol. Another shitcoins for me, so this is kinda other versions of Bitcoin Cash on Bitcoin? But this time is Litecoin Cash on Litecoin.
I don't think so this will work in the future, look what happened on Bitcoin cash now, it's pure hype, only good at introduction.

If they are pumping that coin, leave it to them. To everyone who had heard of the coin before this thread and has invested good luck. Forks are good for selling when you got them for free.   

Just like BCH, it's already outranked by developed projects which BCH couldn't achieve. Litecoin Cash will also end the same way.

Bitcoin is forming an ascending triangle pattern on the chart. A hurdle past the stiff resistance at $550-$560 could see BCH move north to touch $700 once again. However, such a move would also be tied to how Bitcoin reacts at the $56,400 level.
The RSI on the 4 hours chart shows that the bullish momentum has been behind BCH over the past few days, with indicators well above 50 at press time. Further, trading volumes are not trending higher or lower, indicating that market sentiment has not been strong enough to force significant moves in either direction.

I followed Litecoin in summer and I saw that the Litecoin community was working on the adoption of different kinds of new fintech gadgets that were initially  intended for Bitcoin. Litecoin was working on the adoption of the lightning network protocol and applications for smart contracts and privacy. But now I don't really follow it, so I don't know the recent news. But maybe it is pumping following Bitcoin's price.

I Just knew about recent news regarding Litecoin about Fake News Litecoin acceptable payment on Walmart and AMC Entertainment will adds Litecoin as payment. But same, I didn't triggered something much pumping in Litecoin market?

Yes, Litecoin founder did a lot for the sucess of bitcoin. Read Charlie Lees newes twitter series.
They alle complete each other Bitcoin, Litecoin and Litecoin Cash. Perhaps if the community accepted, Bitcoin Cash too.

This is the third post about litecoincash that I've seen this week, what's going on people? Are you here to just hype litecoincash? There are many coins that are better than this fork fro example bitcoin diamond which all time high was 70$ and today it's 2$+ if I have to buy and hold maybe for possible altcoin season id choose BCD instead, don't get me wrong I'm also LCC holder but the team are not doing great at all.

Bitcoin Diamond is great too, i am not against BCD! Love do hear that you are BCD fan.
I see BCD pumping too, has a lot of potential, but it is already tradable by binance and has already a larger market cap. That doesn't mean that BCD will not pumping in the future. quite the opposite!
I really appreciate your words, hope you have Litecoin Cash too.  If not, with BCD you will suceed anyway ;)

litecoin-cash isn't yet listed in any exchanges because it's a new project, so it's quite skeptical in my personal opinion if it will last and can give good return afterwards, wherein maybe it makes hype only because of FOMO. Indeed as you can see its down from $0.26 to $0.22, probably those holders already dump. and it's not safe to buy  to be honest, unless if it's listed already in some exchanges where we can make technical analysis using the graph itself because we can obtain more information.. Not on this situation that only price action is available, which not informative.

Exactly, coins like Litecoin cash can only surge if the market is in a very high bullish trend, let's say if BTC can grow over 70k then most useless altcoins like LCC will have no choice but to pump as well

Then you don't know Litecoincash, this coin have been listed for some time now that's in 2017 I guess but it's listed on small exchanges that's why many don't know about the project but where things arent looking so good is the development since 2017, not attractive at all

Yes I think it is the beginning of the massive breakout but we are still not sure since we know the market is volatile but based on my analysis I think there would be a breakout and there is a high possibility that not only the Litecoin will fall but also the Bitcoin plus the fud about China I see a possibility that it will breakout not quite sure how deep it is but I'm sure that it is coming.

Litecoin is also undervalued, just like Litecoin Cash but there will be no war between Litecoin Cash and Litecoin as the two coins are parallel brothers supporting each other. And I myself have never appreciated this coin because it is not one of the best options that I have chosen to invest in my portfolio. Swim away because you need to see information about the project. the litecoin-cash project is still not listed on any exchange as it is a new project so i am quite doubtful how long it will last and can yield a good profit after that. Or will it just be a dead project and it will evaporate after that.

If you want to sell your sh*t-coin then at least try to do it in a more subtle way or be honest about it and tell everyone that you own this coin yourself and that is a pure shill post. As others in this thread already mentioned, litecoin cash is a simple fork coin that has no real added value in comparison to the real litecoin. Also i don't see a hard pump of your coin. If you compare it to other project that really pumped hard in the last few weeks than the performance of litecoin cash is average at best. Also the daily trading volume is way to low with only 10k $ to attract a lot of investors because the liquidity is just to low.

I understand your point of view, but what I want to clear is that Litecoin Cash has a true longterm value. So it is no FOMO. People sold all their LCC, because everyone thought, it is a scam, but it never was. It is a cheap buying opportunity. It is as if you get a Bitcoin for $1. The project behind LCC is amazing, it is the cardano of store of value coins. Massive underrated and no one see it.

Do you mean that Litecoin will rise? Cause you wrote fall, I am little confusing.
But yes I personally think we will have a harder breakout then 2017, first hole market and then will the sheepcoins sorted out... dotcom bubble 2000
Only the best prioject will stay alive....

Why say everyone there is no information? They have 4 whitepapers and a lotttt of information, actually there is massive information about the prioject.

Yes that true, read Charlie Lees twitter post, it was so hard for Litecoin at the beginning, like now for Litecoin Cash.
But you cannot ignore the truth, Litecoin has status in the crypto space like Litecoin Cash and one day it will go back to its true value. For Litecoin the same, we all know that Litecoin should be at least under the top 3 coins.

i don't know why rugrats is saying that it is not yet listed on any exchange but checking the coingecko about LCC  here  (https://www.coingecko.com/en/coins/litecoin-cash#markets), you will find out that there are several markets that are trading this coin. the volume is small but they are already trading. actually, since 2018. so don't know why he is referring to this project as new??? is he referring to a different one?

If coins are not correlated with each other in terms of price, then it’s not going to be going up or down at the same time. So I don’t know for sure whether Litecoin and Litecoin cash correlates, and if they don’t, then you wouldn’t be seeing them going up at the same time. It is not a must that the both of them are going to be moving the same direction, and if you feel that Litecoin cash is doing well then you should go ahead and invest your money in it and wait for the right time for you to cash out.  Although I haven’t seen much in Litecoin, it has been down for long, and the green just showed recently.

I'm not sure if Litecoin will have a massive breakout. Even though a lot of people say that, I'm still confused. The market is difficult to identify when it pumps and goes down. We don't know and it is possible that suddenly Litecoin will skyrocket or even drop drastically in value. This is just an opinion and prediction, it will be proven over time. But if you really believe it will happen, you are not wrong because this is an opinion. But it's good to be on guard and always be vigilant is important for all of us.

How could it be irrational? The pump and dump can come to any coins without notice and when you see that happen, maybe you are late to join. That can happen too with Litecoin Cash but I do not think that will be the opportunity to buy because the price is already getting a pump. Maybe if you want to invest in Litecoin Cash, you need to wait for more until the price can back to the lower price. But if you're going to invest right now, you can buy it directly and hold it until the pump comes again.

Litecoin Cash is even cheap at $4, it is really a life opportunity to get that coin for few cents.
in my Opinion $5, $10, $50, $100 is cheap too.
Look at the market cap it is just a joke for such an amazing store of value coin!
Get the facts. Get educated.

Not standing with those altcoins you've mentioned. But if you look at the market lately, there's still so much opportunity that you can grab. Don't jail yourself from those altcoins that you're too hyped about. There's so much choices that you're missing out if you don't look outside the box.
The market is massive and has a lot of choices for you to prefer.

It's a good opportunity if we are currently able to collect Litecoin because Litecoin will get the right results from their hard work over the past few weeks. Litecoin is one of the coins that will have a lot of fans in the market because Litecoin is one of the coins that has potential and next year I think the chances will be better.

I use to mine Litecoin some years back, I think I need to re-visit the account to see what has become of it, if there is a massive break out it is a good thing for the coin.

Now P2P platform are very popular. They allow to simply buy and sell cryptocurrency and many people all over the world use such P2P platforms.

After over a week, Litecoin Cash doesn't have a massive breakout at all. Just hover over $0.018 and go sideways while the market is in an uptrend. If this is the best it can do even in the uptrend then I don't think it can offer any opportunity with this price.

Many people use P2P platforms to buy cryptocurrency because it is very simple to use P2P platforms, people can find a best conditions on P2P platforms and P2P platforms do not require KYC.

Many countries try to ban cryptocurrency, that is why people try to use P2P platforms to avoid different bans and passing KYC procedures.

Now not only Litecoin is booming, but almost all altcoins are getting a positive response in the market because of Bitcoin's pretty good movement this October. But when it comes to Litecoin Cash, I don't want to argue.

Very often on P2P people can find the best conditions for exchange and the best price :)
Also KYC is not obligatory on P2P platforms.
P2P platforms are available for everybody.

P2P platforms becomes more popular because they available for everybody. It is simple to use P2P platform and sometimes it is possible to find better conditions on P2P platforms.

Depends on which side you are on. I have seen people making a living out of being fully liquid and constantly buying and selling crypto on p2p platforms. I had a friend who made that kind of money way back in the day when we didn't even had local exchanges in my nation, now we have plenty of them and he still manages to make a bit of profit because there are people who do not want to give their KYC to exchanges but his income dropped significantly and he is not making that much profit, however he already made enough crypto so he doesn't care.

Living in a nation that has no local exchange and money to your bank situation, this idea is still quite profitable. However if you are not in the crypto world and not great at it, if it is not like a business to you, then you may end up with not a great result at all, which would be basically what you would expect from a newbie.

LCC developers need to change their marketing strategy so that the price of the coin can increase. Create new promotions, and reduce supply circulation, and listings in popular exchanges, at least the top 10. I think that way the price of the coin will increase. Even though you are currently trying to promote the LCC coin, it doesn't have much effect on investors.

If in 2021 this does not change. So, there is no longer the best time for a particular coin. In 2021, shitcoins are high value, meme tokens are priced high, but what about LCC coins? Is it worse than the criteria I mentioned?

2021 is the heyday of crypto in almost all products but not to shit token or shit coin ,yes it worse in your criteria mentioned ! dumping and continue to throw away there is no chance for litecoin cash to move up ,even if there is a pump it will not continue because the dumper will react

I didn't even find the P2P platform you mentioned, because if the platform is really good and useful, then it will go viral on the internet and will always be sought after by many people without having to be said by others, but I didn't find this ;D

NO, these coins (shitcoins and meme coins) will die. let's say that they have a good price nowadays but as the correction will come, we will not able to see them. That is why I have to say that if you have some of these coins and have a good value, better not to lose this chance to sell as you can never see them have this again. Just think about what happened to ICO and airdrops before, this is likely the same story.
Anyway, I'd never think about a trap with this huge pump but of course, we should be wise enough to think what we gonna do before it is going too late.

I think if you still compare the both of them on a long term basis, Litecoin is going to be better than this Litecoin cash. Just because this one is having a short term increase in price doesn’t mean that it is now better than the main Litecoin. Let’s hope that this is not just a short term breakout. If I’m choosing any coin I prefer to choose coins that are going to benefit me on a long term and not just fora short term. Because if you should invest in a coin that is going to only last for the short term, you are not really going to benefit from it especially when you invest in it at the time when it is late.

Now cryptocurrency becomes very popular and many people buy cryptocurrency. To do this they buy cryptocurrency on P2P exchange.

It is very simple to work with P2P platforms. Where often P2P platforms offer the best conditions for exchange information.

When bitcoin cash failed, didn't anyone imagine that litecoincash would crash as well? I mean it is so obvious that we are talking about something that is a copycat of a bad thing. Look I understand the "idea" of bitcoin cash, there is a great thing called bitcoin and you want to copy it and make your own bitcoin and name it something that will sound cool and that's it, yeah it may fail but at least you are trying to do something.

What is litecoin cash? It is a failed project of a failed project? Why would you see bitcoin cash, failing, dropping low, people ignoring it, from nearly top 5 coin to out of top 10 very quickly, and you told yourself "NO, LITECOIN CASH WILL BE DIFFERENT!!"? Anyone with a small expertise in crypto would know that nothing like this could ever be successful, you need to be crazy to think that you could make a profit from this in the long term.

Frankly, I don't see any utility for litecoin cash other than speculation. You should be investing in Web3 blockchains with yield farming like NEAR and REF Finance, that's where the money is.

P2P platform attract people because they offer better conditions to buy cryptocurrencies. They do not require KYC and people can discuss conditions of buying crypto.

how Lite coin works, how it works is almost the same as Bitcoin cash, and has been around for a long time
Litecoin is a Crypto currency that has been around since 2011, many breakthroughs from Litecoin especially in these two weeks

we can't deny it,, Litecoin has a bright future as a classic and reliable altcoin. if we say now bitcoin is like gold and litecoin is silver

Now many people use P2P exchanges because on them it is possible to find better conditions for exchange and the best price.
But a lot of depends from liquidity of exchange and how many users it has.

The things that are most sought after and sought after by everyone are already on Binance, so there is no need for another P2P exchange if everything is already on Binance for all basic and special needs.

For P2P exchange it is also necessary to be secure and have a lot of users.
People must trust P2P exchange to work on it.

Well, there's a difference between the spot market and with the p2p trading. That's why some are staying with the p2p market or a p2p exchange that they're liking the fees.

But to me, I'll get into the spot market and that's what my preference is. While them, they prefer to stay in the p2p and they're comfortable on it so they stay there.

I think that the most important thing for P2P platform trust of the users and secure exchange.
People must be sure that their exchange is secure.

Litecoin cash is definitely pump and dump coin. During bitcoin bullish market season,  it is not out of place when you see most of this p and d coin doing many times in percentage price.  If you are lucky enough to have a  bag, just dump it at ATH and plough back your profit in bitcoin and ethereum.

Also to increase trust the escrow service is used. Blockchain allows to check all transactions. Transparency of blockchain allows it to use in different spheres.

Now there are DEX, CEX and P2P platforms, but people continue to use P2P because sometimes it is possible to find better conditions on P2P.

The massive breakout is beginning, 160% in just one day! Get educated. Invest. Get LCC on watchlist.

Like what @pickforbies said, I was even aware of the fake press release that Litecoin is accepted as online payment by the largest retailers. Which somehow raised the prices for Litecoin, but that rise was for a very short span. After Walmart published a statement that said the press release was false, the gain faded.