Is the SegWit coming or what? Everyone says different things
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Nothings being hacked. Ether just can't handle big amounts of transactions and people are looking for alternatives.
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i just realized that bittrex (the exchange that always use) have disabled all ethereum deposits and withdrawals with the warning about Blockchain congestion detected under it. and meanwhile the price is dropping fast and hard. this is not exactly the best practice but for all the altcoins, specially those known to have serious problems such as ethereum, it is best to always keep them on exchanges to dump them fast and always cash out the BTC or USD to cold storage. to all you who have your deposits stuck and are losing money, you have my sympathy. edit: i can see other exchanges have done the same. Coinbase is saying "investigating..." ( https://status.coinbase.com/) and i have heard that poloniex has also been experiencing issues. Its really informative after seeing your thread i started looking into market price and started read about ethereum article . And also true to keep altcoin in exchanges instead of blockchain wallets. Keeping coins in exchange is a major security risk. But it seems that with ether there's no other option....
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According to the following chart, ETH did 226,786 transactions in the last 24 hours. That is lower than bitcoin's 276,636 https://bitinfocharts.com/comparison/ethereum-transactions.htmlIt is NOT good news for Ether if they're getting congested at the same level when bitcoin did. It means they can't scale either, so the search goes on for a coin that can handle volume. You nailed it. Litecoin seems to be the only option.
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I believe litecoin will soon dump hard back to 15 dollars and it's not sure if it's going to bounce back again. I advice you to sell your coins before this imminent dump happens
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LTC should be at DASH price IMO. Who agrees?
No it's already going down and is a dead coin soon. This was just a pump and dump
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It seems that LTC is out of steam and we saw the moon. Technical analysis shows that you should dump soon before we go back to 15 dollars in the major exhangers
yeah, sure, what an prediction. you could predict it maybe 15 cents? It seems you can't read the charts... You should sell now when you can make profits. It will fall back to 15 dollars according to fibonacci, rsi macd and other indicators.
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It seems that LTC is out of steam and we saw the moon. Technical analysis shows that you should dump soon before we go back to 15 dollars in the major exhangers
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Anyone else had a gutsful of these fucking chinese miners?!
How fucking stupid do they have to be to screw the golden goose that has delivered them such riches??
Communist education must have turned off the higher reasoning areas of their brains. I mean, I can't even ... how fucking dumb do they have to be ...?
Calm down and buy some Litecoin already
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Something will happen one of those top pumped coins will burst, and with LTC as predefined investment will flourish, we can expect small miracle..I will wait for such event. Only BTC can smash our dreams, or at lest can have major influence with this new apocalyptic scenario for august.
it is mostly money which is going from altcoin to altcoin. the wise money (or wise investors) invest in an altcoin while it is low priced and then pump it, as it grows others will join and on top the wise money exits the market to go to the next and those who came in late will stick around begging for a way to exit. this process can be fast in shitcoins and it is slow for better altcoins such as litecoin but it happens for all of them. and for bitcoin i believe there is some glimmer of hope for the August thing since SegWit has gained >75% support which is more than 90% if you add SegWit2x and SegWit signalling. June 2017 may be remembered as the month that the true ‘flippening’ occurred, from bitcoin to litecoin, precipitated by a Prague-based group promoting and educating the public on crypto-anarchist philosophy. The stakes are high for bitcoin, with a face-off between Bitmain, threatening a User-Activated Hard Fork, and those seeking to eliminate miner influence over SegWit adoption, the User-Activated Soft Fork crowd. The standoff threatens to split the network in two, with the UASF-styled ‘independence day’ slated for August 1. The inertia regarding progress in the scaling debate is also causing a cost for users in terms of higher fees for a bitcoin transaction.
The altcoin recently saw a large influx of volume, pushing above 50 percent of the cryptocurrency’s market capitalization and above trading volumes for bitcoin on June 17. At the time of writing, the past 24 hour volume for litecoin and bitcoin are similar, roughly $1.2 billion. The lion’s share of volume is coming from two Chinese exchanges, Huobi and OKCoin, accounting for over 40 percent of the volume over the past 24 hours.
On top of investor and exchange adoption, litecoin is also seeing interest from a cypherpunk grassroots movement and a major hardware wallet provider, Trezor. Paralelní Polis, which hosts the Institute of Cryptoanarchy and the Hackers Congress every year, as well as Bitcoin Coffee, is probably the most significant actor in this true ‘flippening’; maybe we should forget ether and come to terms with litecoin becoming the cryptocurrency that may stand dominant above bitcoin? In a blog post explaining the switch over from bitcoin to litecoin, the coffee house started with one clear rule; no fiat currencies. They started with the goal in mind to show people that cryptocurrencies are easy and that they are the future. But, they argue, bitcoin transactions are now too similar to traditional banks in terms of fees. The rising fees have forced their hand into deriving their own solution for regular customers:
“We even had to develop our own application for members and regular customers, which would buy credits for bitcoins and then spend those credits to avoid bitcoin fees.”
Resonating with many other voices in the community, they also explain that the risk that UASF bears is perhaps too high, as a chain split would be unavoidable if the support for UASF is low; they state, “it is unacceptable for any business running on bitcoin.” https://btcmanager.com/litecoin-supplanting-bitcoin-as-the-cypherpunk-cryptocurrency/
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Is it worth investing at this all time high?
Was ethereum worth it when it was $48?
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I just did 3 transactions from litebit to poloniex;
bought XEM & DODGE whitout a problem, received them immidiatly at poloniex. Now I waiting over 1,5 hour to complete my RXP Ripple transaction.
Anyone formilaire with this?
I'm new in buying altcoins.
Thanks in advance.
Maybe they are getting Goxed
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I like Litecoin. My Chinese friends are going to make it big.
How just how i don't get the fact how do Chinese have so much money. I get the fact you all are entrepreneurs but still you guys used to control bitcoin at a time and now just increased overnight the price of ltc from $30 to $60. If possible tell your friends to pump xmr also it's a really good coin. Americans have debt, Chinese have savings
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After so much frenzy around ICOs in H1, maybe H2 will be about good undervalued POW coins like LTC and MONA...
The market needs to switch back to coins with good fundamentals.
Fundamentals? I mean... This coin is held by the few not the many. It's not what I'd call decentralized. The only thing it has got going for it, imho, is that it could be called the original alt coin. Other than that, I hope it dies and hands it place to fairly distributed, inclusive coins with a more ideological basis. LTC has been around since 2011 so I believe it is the second best decentralized currency after BTC. Litecoin does well what Bitcoin is supposed to do. And it's the original 'alt coin'. It should be at least 1/10th of the BTC's Price
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LTC is going to correction after Monday, can be prolonged to Tuesday. There is a speculative news on Bitstamp exchange, so after that expect another month(s) in between 0.012 - 0.013. imho
You think so?
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I think they areboth overvalued because of the uncertainty surrounding Bitcoin scaling issue, when this is resolved I can see both prices correcting back to normal. This is a good time for both Ethereum and Litcoin bagholders
Sound like we have a Bitcoin bagholder here You can still get on board this train brother lol bitcoin bagholder sounds so awkward, there isn't such thing as bagholder of bitcoin, only altcoin can be worthless, i do agree that ETH is too high at the moment in price, but litecoin was way higher in the past it's not overvalued at all , check chart history to confirm this Why would you want to hold something which doesn't work?
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