Ltc Going back Up

[NorrisK]

so you bought at $8?   

Price in $ is not that important in the moment. The question is amount of LTC you can accumulate. Litecoin will be back at $8 easily.

The price is everything for altercoin. Only if the price keep going up can attract people.
                                   

Not neccesarily.. The drop in price may attract investors who missed out on the first increase and are ready to jump aboard now.

[HCLivess]

[NorrisK]

One good indicator to me that the ride is not over yet is the fact that the volume has not dried out yet.. Still plenty of trades being made, the graph above might come true

[Sir Alpha_goy]

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[tyz]

I am not really hopeful after reading this.

Litecoin Price Technical Analysis for 14/7/2015 – This May Turn Real Ugly!
http://www.newsbtc.com/2015/07/14/litecoin-price-technical-analysis-for-1472015-this-may-turn-real-ugly/

[Za1n]

I am not really hopeful after reading this.

Litecoin Price Technical Analysis for 14/7/2015 – This May Turn Real Ugly!
http://www.newsbtc.com/2015/07/14/litecoin-price-technical-analysis-for-1472015-this-may-turn-real-ugly/

That article seems a little over the top on gloom and doom, consider this quote from the article:

Will the market be able to recover from this catastrophe or will it go downward?

Really, catastrophe? lol

Zoom your charts out a little fella, we are still up compared to even two weeks ago. Anyone who didn't expect it to go down after such a rapid rise shouldn't be trading. It will go up again, how fast who knows, it may even go down more, but its certainly no catastrophe.

[Netzer]

It's really hard to know where Litecoin goes. up or down.

[Sumo]

Problem is the risk factor. It also has the potential to drop quite a bit after such a huge rise. I wanted to get back in but now Im rethinking things.

[wlefever]

Problem is the risk factor. It also has the potential to drop quite a bit after such a huge rise. I wanted to get back in but now Im rethinking things.

As it very well could go down more, the pull back we saw was much needed...nothing can go straight up forever, but it could start another slower move up from here.

[X68N]

i am pessimistc now, we can see a drop to 0.012 or 0.010 in the worst case.
Hopefully this chinese scam group is still full of greed, and wants a repetition, so next time we now whats happening 

[Za1n]

The lower it goes the more I am accumulating. Actually even if it drops to $1 or under I would be fine, as I cannot help shake the feeling we have another pump before the block halving hits in late August.

[CEG5952]

The lower it goes the more I am accumulating. Actually even if it drops to $1 or under I would be fine, as I cannot help shake the feeling we have another pump before the block halving hits in late August.

I'm also waiting for LTC to hit $2 below before buying mega tons of it. I'm basing on ecoin.eu's chart. Do anyone here thinks that LTC will hit a low price mark soon before a big pump? Where do you base your speculations? TIA

[jeffthebaker]

Out of curiosity, what exactly is Litecoin used for? I understand that Litecoin has fixed many of the problems Bitcoin has yet to (blocksize), but what use does it actually have? The only instances I have heard of Litecoin acceptance is in the gambling industry.

[CEG5952]

Out of curiosity, what exactly is Litecoin used for? I understand that Litecoin has fixed many of the problems Bitcoin has yet to (blocksize), but what use does it actually have? The only instances I have heard of Litecoin acceptance is in the gambling industry.

Used for? To make money that is. They fulfill what bitcoin lacks and the next best alternative there is. It's like Skrill for paypal (atleast that's my opinion).

[Sir Alpha_goy]

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