LTC calm before the storm ?

[kelsey]

thoughts 

[KhalDrago]

you would expect the price to start moving up by now..i think it will go slightly up and after the halving people gonna dump cus there wount be anything to look forward to..the coin doesnt offer any significant usecase..only good for exchanging to btc.

[kelsey]

yeah normally you'd expect a slow steady rise in and perhaps a dump after (ol buy a rumor sell on announcement that happens on stockmarkets).


however recent pumps then calm, makes me think everyones waiting for someone else to make a move which often leads to a bigger pump once underway.

[dukeneptun]

I feel LTC never hit big numbers again. I wish I'm wrong and we see growing charts.

[kelsey]

disagree, though i personally don't trade for fiat, and want any successful crypto to be stable, there will be new highs in litecoin soon enough.

[TreasureSeeker]

As well as the halvening, I can see a lot of people switching to Litecoin for safety with all the concerns over the Bitcoin XT fork palava.   Combined with the imminent Litecoin halvening, it's the perfect positive storm for Litecoin.

[kelsey]

good point, safehaven from the current btc/btcxt dramas, good timing with block halving, yes perfect storm type scenario.

[Monopoly]

Everything is depend on BTC ...... if BTC see price 1000$ again everything will change .

[kelsey]

not sure thats totally true eg last significant rises v fiat also where big rises v btc. though new extreme highs v fiat may need a bitcoin rise to i concur.

[BitcoinAddicts]

The halving is already priced in ?

[kelsey]

The halving is already priced in ?

well if fundamentals are what drives prices around this place, that could be the case, but i doubt they do, i get the feeling block-halving will be merely the excuse to trigger a pump.

[bit1]

Really nobody knows, Many peoples think that price will be pumped, But can happens all quite the opposite, I mean that some peoples can dump  LTC and move on another interesting coins.

[balu2]

If Gavincoin continues to be a topic i think LTC has a very bright future and stands for the first time since creation even a chance to replace btc as default currency in case that hits the wall and splits into two chains. THAT is NOT priced in!

[Sir Alpha_goy]

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[Sir Alpha_goy]

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[Za1n]

With this amount of calm it is going to be one heck of a storm.

With a little over 6 days until the halving (Reward-Drop ETA date: 08-25-2015 16:55:44 http://www.litecoinblockhalf.com/ ) I too would think we would have seen a slow but steady rise over the last few days. I don't know what will happen but will be keeping a close eye on the price movement over the next week.

[kingscrown]

still 11 days, alot may happen to the price
ie flashcrash, super dump to buy lower...

or the halving might be a reaso nfor whales to pump.

LTC is easier to pump than BTC

[kelsey]

btc flash crash now  .....this could get interesting 

[dukeneptun]

I accidentally bought LTC from 3.60$. I don't want to hold for a long time. Where to sell these? 4$? 4.50$?

[kelsey]

I accidentally bought LTC from 3.60$. I don't want to hold for a long time. Where to sell these? 4$? 4.50$?

this threads not about giving individual investment advice, sure your big enough and ugly enough to make these decisions yourself