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ragi
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July 09, 2015, 10:08:23 AM |
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Litecoin is going crazy. I kinda regret messing up with my litecoins earlier this year. Oh well...
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no.
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neoneros
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July 09, 2015, 10:16:05 AM |
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The past days I have been buying and selling litecoins, everytime I thought I should wait it out before I put in too much and have to sell with a loss, but to my surprise it keeps on going. This bubble has to burst sometime soon, so I will stop at it for now and see what will happen. Made some profit but not much, do not care to lose much, so that is inherent, invest small win small, but winning it is  |
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pedrog
Legendary
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Activity: 2786
Merit: 1031
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July 09, 2015, 10:18:40 AM |
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For me it already is the best 2015 investment, I have been holding and buying litecoin all year, now the question is when to cash out. I'll hold a bit longer. |
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intrader
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July 09, 2015, 10:24:42 AM |
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Ltc already pumped,wish i bought at 0.006btc
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Ingatqhvq
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July 09, 2015, 11:14:08 AM |
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Litecoin got pumped by a single entity.
That entity could have been an exchange, a mining rig manufacturer - who knows who and who knows why.
You got the point, I guess the exchange maybe is OKCOIN as their have the highest volum. If people noticed that the trading volume of LTC in Jul, 8 have more than 34M, that's got be kidding. |
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hiddensphinx
Legendary
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Activity: 1457
Merit: 1001
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July 09, 2015, 01:36:10 PM |
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Litecoin price lifted up again today. It seems the bubble is going to be very heavy. I think for now buy is the worst decision that someone can make.
True when LTC bubble bursts a lot of people will get burned catching a falling knife |
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lazi
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July 09, 2015, 02:20:02 PM |
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I think LTC will reach $8-9...then is the hardcore dump coming |
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newb4now
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July 09, 2015, 02:55:47 PM |
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Litecoin got pumped by a single entity.
That entity could have been an exchange, a mining rig manufacturer - who knows who and who knows why.
You got the point, I guess the exchange maybe is OKCOIN as their have the highest volum. If people noticed that the trading volume of LTC in Jul, 8 have more than 34M, that's got be kidding. I do not own LTC so am not biased either way. I see no reason to assume that just one party was behind the recent "pump" Some people have concerns with BTC right now and are seeking to hedge/diversify. LTC seems like one of the most viable options at the moment (hash rate, merchant adoption, etc). |
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Za1n
Legendary
Offline
Activity: 1078
Merit: 1011
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July 09, 2015, 03:23:39 PM
Last edit: July 09, 2015, 03:34:55 PM by Za1n |
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People been saying "it is a bad time to buy" when it first hit $3, then $4, $5, $6, now its $7.
The time to buy in is now, not when its > $10.
My point is say you bought 100 LTC when it was $3, so $300 investment. If it went down to $2, you would have lost $100. Now it is $7 so you would have already more than doubled your money.
Waiting around debating as each day passes, LTC rises a bit more, and your risk becomes greater and potential reward becomes less. Right now that same $300 investment will only get you ~40 LTC and the likelihood of doubling you money decreases with each passing day. While people who got on early have already locked in the doubling of their investment and are now looking for 3x, 4x profits. As far as risk, buying now and having it crash to $2 you would lose most of your money. This is my point of the reward prospects are decreasing while the risk is increasing.
I don't think it is too late for more up, but now is the time to act and not when its $5, $10, or even $20 higher. Think of the people who waited until it was $40 last time to buy in....
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Za1n
Legendary
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Activity: 1078
Merit: 1011
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July 09, 2015, 03:29:34 PM |
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Litecoin got pumped by a single entity.
That entity could have been an exchange, a mining rig manufacturer - who knows who and who knows why.
You got the point, I guess the exchange maybe is OKCOIN as their have the highest volum. If people noticed that the trading volume of LTC in Jul, 8 have more than 34M, that's got be kidding. I do not own LTC so am not biased either way. I see no reason to assume that just one party was behind the recent "pump" Some people have concerns with BTC right now and are seeking to hedge/diversify. LTC seems like one of the most viable options at the moment (hash rate, merchant adoption, etc). I do own LTC but agree with your analysis. The market is more complicated now than one group or person playing a huge influence. I expect the BTC discussions are indeed impacting the price somewhat, as LTC is considered somewhat safe amongst the many alts out there. Also the upcoming LTC block reward halving is certainly influencing the recent rise. I seen in another thread where someone in China is also pumping LTC. I am sure each of these events is playing a role as well as many others we are not currently aware of. |
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kevindurant
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July 09, 2015, 03:51:32 PM |
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Litecoin price lifted up again today. It seems the bubble is going to be very heavy. I think for now buy is the worst decision that someone can make. True when LTC bubble bursts a lot of people will get burned catching a falling knife But there are higher places to go for LTC. We remember it went up from 2$ to 50$, so why not now it repeat that again? Ltc already pumped,wish i bought at 0.006btc
You can still buy. It's less than 10$, means coins are still cheap. We have +45 days for block halving. |
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bit1
Legendary
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Activity: 938
Merit: 1000
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July 09, 2015, 05:35:26 PM |
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I think that LTC hit $10 again very soon....
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SnowLion
Newbie
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Activity: 9
Merit: 0
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July 10, 2015, 12:33:42 AM |
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What a day for LTC. It's nearly 9 AM Beijing time now...Chinese markets are just about to open. Wonder what they will do to the price!?  |
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X68N
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July 10, 2015, 01:13:12 AM |
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What a day for LTC. It's nearly 9 AM Beijing time now...Chinese markets are just about to open. Wonder what they will do to the price!? sell all their real estate shares which lost 30% in the past and go all-in with Litecoin? |
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bit1
Legendary
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Activity: 938
Merit: 1000
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July 10, 2015, 01:18:40 AM |
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Why Litecoin Could Become the Best Investment of 2015? Because it hit $15 at December of this year.
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pitham1
Legendary
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Activity: 1232
Merit: 1000
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July 10, 2015, 01:36:20 AM |
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What a day for LTC. It's nearly 9 AM Beijing time now...Chinese markets are just about to open. Wonder what they will do to the price!? Really strange. Litecoin seems to be going through the roof while Bitcoin has been flattish. |
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bit1
Legendary
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Activity: 938
Merit: 1000
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July 10, 2015, 01:46:22 AM |
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What a day for LTC. It's nearly 9 AM Beijing time now...Chinese markets are just about to open. Wonder what they will do to the price!? Really strange. Litecoin seems to be going through the roof while Bitcoin has been flattish. Do not underestimate BTC because it is look like to a volcano. Anytime it can erupt. |
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Sandhog
Member
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Activity: 76
Merit: 10
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July 10, 2015, 04:14:04 AM |
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Why Litecoin Could Become the Best Investment of 2015? Because it hit $15 at December of this year.
I don't own much LTC but it's already up to $8. It may reach $15 by August at current rate me think. |
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Frost
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July 10, 2015, 04:35:17 AM |
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Nevermind if it's pumped or not... it's good for short term trading now, do your profit soon! |
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dballing (OP)
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July 10, 2015, 04:51:48 AM |
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Told you bros, I don't think its even close to stoping either. For reasons.
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