As I see it, Litecoin is a very useful coin right now. Mucho more so than most alts. It is widely accepted, has a good value, exchanged in most (if not all) exchanges, and an excellent faster alternative to move Bitcoin. Many times you can send your money from one exchange to another using litecoin instead of just sending the BTC itself (which would have a higher fee).

I see it as silver too.

Many people in the Bitcoin world are hopping for a much bigger raise in value yet, however, it is probably not so near in the future. I would say that investing 100-200 in Bitcoin and just forget about it and let it grow can be worth it.

I think it might go up around the 3500$. Segwit update will work. People will gain confidence and be more optimistic if all goes well and transactions start to be faster. More people will go in, and tv and press will speak again about bitcoin nearing Christmas "People are making their Christmas shopping in Bitcoin yadda yadda" That will make it go even higher.

Of course, I cannot really know, but that is what I think will happen.

Lol discount day seems more like a manouver of big whales in order to get cheaper BTC themselves. If you have lot of BTC and are cool blooded, you can sell a lot, generating panic in the current segwit proximity, making more people to follow you selling, and then buy everything back and more with a discounted price.

Good to see bitcoin going up again, but I think there can be some downs before raising only again. Market is volatile and can change in just these days.

Yes, as Sirpol stated, we are yet supporting the coin and has seen a good raise recently. Go Vader Corp Coin!

Most of them I keep in the exchanges. I know that is not very popular around here, but I feel they are almost equally self there than me having a wallet that could be broken or stolen too. Probably sounds nuts.

Most likely that. Only thing that bugs me is that it tempts me to sell my coins and buy them lower.... but What if the rebound comes just when my coins are sold? 

Better wait for the rebound I think 

Those who bought before the raise from 1200$ to 2000+ yet hava a lot of margin for selling and rebuying lower. It can go lower than this, but I agree that it will probably be much higher than now in the end, so it is buying time too.

Legalization is always a good thing. People can open bitcoin related business without fear, and use it so too. Sure, even in an "illegal" situation, no one can really stop you from sending bits to other person nor stop that other person from considering these bits are "money". But the environment influences our decision and a "legal" environment is more friendly for the most people.

My thought is: only people that are somewhat serious about bitcoin know about the scaling change in 1st August. Newbie investors are not likely to be aware of it so much. In my view the lowering price is more about people who know Bitcoin will rebound and are trying to get more at a lower price, dumping hard in an attempt to make it go lower than the price they sell.

EDIT: Altcoins are sold for the same reason. They sell them in order to have more to buy bitcoin later.

Delays are bad, but hopefully that will get solved eventually. Nevertheless, if you see Bitcoin as a store of value and not as a fast coin, it is good even if transactions are delayed many hours. Gold is not that easy to move either.

Good for you. I agree that it may go down a bit more, but 1500 seems too low to me. Perhaps 2000 or so, and it would be a great profit yet.

There has been some days good for shorting by the way.

I would not discard that completely. Perhaps even some exchanges will fight the withdraws of funds putting higher prices to compensate. It is very uncertain.

I am sure it will work out well. It always has, and now that BTC is so high there is much more money at stake. They will likely do it right.

Of course a lot of volatility is expected, as not everyone has unbreakable faith.

I think that it has been exaggerated too. Big exchanges are very likely to do well, as they risk losing their income if something goes wrong with august 1. However I have heard of small exchanges that aren't going to do much in case a hard fork happens. Better to keep coins out of these.

Some people keep their attention on new altcoin announcements. As soon as a new coin appears, they mine it quickly and sell them for btc. This probably is more profitable than just mining bitcoin directly. Unless you have many dollars to spend on hardware.

ETH has gone a bit down lately, but I think one should always have some BTC and seems you do not have any. Perhaps trading a bit too and fro and see if you can get some BTC out of it is best.

Lowering to $1000 needs a catastrophe I think. The hardfork being worse than expected or a very big exchange getting hacked. Other than that, I do not see it returning to that price again.

Agreed is a good time to buy... if you still have money to buy. I went buying while it lowered and now are without funds at bottom lol.

Guess that you also have to wait a bit. When crypto goes down, it goes down harder than expected sometimes.