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Author Topic: [2015-11-02]Litecoin Price Weekly Analysis – Another Wave higher?  (Read 725 times)
Blawpaw
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November 02, 2015, 03:17:23 PM
 #1

Litecoin Price Weekly Analysis – Another Wave higher?

The Litecoin price this past week moved a bit lower before finding buyers around the $2.90 support area. There was a solid buying interest noted around the stated level, which ignited a run higher. The upside was very strong as the price moved higher by more than 30% and...

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http://www.newsbtc.com/2015/11/01/litecoin-price-weekly-analysis-another-wave-higher/
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LiteCoinGuy
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November 02, 2015, 04:27:42 PM
 #2

Bitcoins little brother is always following Cool

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November 02, 2015, 04:33:56 PM
 #3

It's a bit lighter on it's feet is Litecoin, let's hope for a jump up to the $15 a coin we saw over recent years Smiley

newbitcoins
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November 02, 2015, 04:38:11 PM
 #4

Bitcoins little brother is always following Cool

There is not much new work done in litecoin. It always follows bitcoin in technologies. So why should one buy litecoin apart from it is the second largest coin?
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November 02, 2015, 04:43:26 PM
 #5

It's a bit lighter on it's feet is Litecoin, let's hope for a jump up to the $15 a coin we saw over recent years Smiley

some months ago it rose to 8-9 USD without much media attention.


@newbitcoins

the main delevopment is in bitcoin of course. but Litecoin has the second largest network and a good brand and is like a fallback system. i would hold some Litecoin too if you own Bitcoin.

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November 02, 2015, 05:33:23 PM
 #6

It's a bit lighter on it's feet is Litecoin, let's hope for a jump up to the $15 a coin we saw over recent years Smiley

some months ago it rose to 8-9 USD without much media attention.


@newbitcoins

the main delevopment is in bitcoin of course. but Litecoin has the second largest network and a good brand and is like a fallback system. i would hold some Litecoin too if you own Bitcoin.

i had no doubt u hold some litecoin with that nickname of yours  Cheesy
gianbtc
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November 02, 2015, 05:53:14 PM
 #7

i remember few years ago it was around 25$ ?

newbitcoins
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November 03, 2015, 11:54:34 AM
 #8

i remember few years ago it was around 25$ ?

The peak was around $48, if I remember correctly.

At that time, the cost of mining was high, there was no ASIC. So not many people wouldl sell at a cheap price.
cryptohunter
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November 03, 2015, 06:12:18 PM
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i remember few years ago it was around 25$ ?

The peak was around $48, if I remember correctly.

At that time, the cost of mining was high, there was no ASIC. So not many people wouldl sell at a cheap price.

emissions halved now.... $48+ will come again wait and see. LTC and Doge will rise high again along with many good alts.

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coinyoo
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November 03, 2015, 06:45:24 PM
 #10

Litecoin uses the momentum of the Bitcoin price pump. I guess we will see prices near the last Litecoin pump again. Near 8$.

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November 04, 2015, 03:52:16 PM
 #11

Litecoin uses the momentum of the Bitcoin price pump. I guess we will see prices near the last Litecoin pump again. Near 8$.
It was last $8 before the halving, now the price parity would be closer to $16. Of course this is based simply on coins being generated, not the supply on-hand, so I would guess a bit lower, maybe $12. Of course, if BTC continues and regains $1,000+ territory, the sky's the limit even with LTC.
LiteCoinGuy
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November 04, 2015, 04:28:40 PM
 #12

i thought litecoin is dead? it isnt dead? woaaahh  Shocked


 Grin

newbitcoins
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November 05, 2015, 10:17:14 AM
 #13

i thought litecoin is dead? it isnt dead? woaaahh  Shocked
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You are litecoin guy. You think litecoin is dead? Very ironic.

I think if litecoin keeps on developing and offer something new before bitcoin does, it will survive. Otherwise, it will be dead.
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