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Author Topic: Litecoin will see 10$ and above 2016  (Read 36149 times)
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May 31, 2016, 03:55:18 PM
 #361

i dont see that happening... btc just had a big pump and ltc is already back to 850k-, if bitcoin retrace to 480~500USD imagine what will happen to ltc.

I've already sold all ltc.. made some profit and moved on.


You should have wait. Chinese they say will pump it. They like litecoin.

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May 31, 2016, 04:04:36 PM
 #362

Quote
Looking at the previous 24-hour volume, for example, shows that nearly three billion CNY has been changing hands to buy and sell Litecoin. Ethereum, on the other hand, has only seen 1.8 million CNY change hands, which is only a blip on the radar in comparison.

LTC dominance in China isn't surprising given that it isn't regarded as an altcoin there. In fact, the Western obsession with Bitcoin Maximalism and Satoshi Nakamoto is met with confused derision: "Litecoin is technically superior and takes Satoshi out of the equation... therefore it is the greater currency."

It's a kind of blindness that reason alone cannot cure.
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May 31, 2016, 10:16:01 PM
 #363

Lies ^^. LTC is on life support as we speak.
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June 01, 2016, 12:50:03 AM
 #364

The LTC network difficulty is set to take a -18% change in 2 days.

Somebody big (KNC ?) just turned off some machines.

https://bitcoinwisdom.com/litecoin/difficulty

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June 01, 2016, 01:25:58 AM
 #365

The LTC network difficulty is set to take a -18% change in 2 days.

Somebody big (KNC ?) just turned off some machines.

https://bitcoinwisdom.com/litecoin/difficulty




Yeah. I'm utterly befuddled by all this difficulty drop for ltc myself. Perhaps all Titans have an end of life date from purchase date and are in order bricking themselves. Hmmmm it is KNC and they are the Mordor of ASIC companies.

Hmmmm

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June 01, 2016, 04:02:03 AM
 #366

If ltc follows btc in price and he always do then yes it can be done
On other hand it can stay like he is now but i dont thinkmit will be the case

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June 01, 2016, 05:27:41 AM
Last edit: June 01, 2016, 05:45:43 AM by mightyghz
 #367

The LTC network difficulty is set to take a -18% change in 2 days.

Somebody big (KNC ?) just turned off some machines.

https://bitcoinwisdom.com/litecoin/difficulty



Problems with cryptocurrency start reveal itself, when price going down in the result of decreased hash rate, but LTC price is stable for now...so nothing terrible happened Smiley
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June 02, 2016, 07:04:30 AM
 #368

The LTC network difficulty is set to take a -18% change in 2 days.

Somebody big (KNC ?) just turned off some machines.

https://bitcoinwisdom.com/litecoin/difficulty



Problems with cryptocurrency start reveal itself, when price going down in the result of decreased hash rate, but LTC price is stable for now...so nothing terrible happened Smiley

Litecoin is still one of the oldest altcoin, it has many strong supporters and good community, so the price could be maintained.

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June 02, 2016, 09:49:19 AM
 #369

Looks like litecoin has a great future because of price increase these month and i think it will increase more..
I'm still holding few litecoins earning from faucet before and now its a little bit high and made even a few profit.. im still waiting for big pump of this coin..

pump may happen if like last btc halving was ltc follow btc in price and i sure hope it will be then price can easily go above 10$
dont think that ltc will go so high like last time but above 10$ can be achieved



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June 04, 2016, 06:34:28 AM
 #370

Looks like litecoin has a great future because of price increase these month and i think it will increase more..
I'm still holding few litecoins earning from faucet before and now its a little bit high and made even a few profit.. im still waiting for big pump of this coin..

pump may happen if like last btc halving was ltc follow btc in price and i sure hope it will be then price can easily go above 10$
dont think that ltc will go so high like last time but above 10$ can be achieved

The price of litecoin could rise in the future. But there percentage as of the bitcoin price might drop.

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June 04, 2016, 06:40:44 PM
 #371

Looks like litecoin has a great future because of price increase these month and i think it will increase more..
I'm still holding few litecoins earning from faucet before and now its a little bit high and made even a few profit.. im still waiting for big pump of this coin..

pump may happen if like last btc halving was ltc follow btc in price and i sure hope it will be then price can easily go above 10$
dont think that ltc will go so high like last time but above 10$ can be achieved

The price of litecoin could rise in the future. But there percentage as of the bitcoin price might drop.

In long term, if the price of Ethereum in terms of bitcoin is maintained between 0.05 to 0.1, that is great achievement.

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June 04, 2016, 10:24:28 PM
 #372

Litecoin will opt for a on-chain adaptive block size scaling solution

then I hope we can talk about litecoin being real silver and helping BTC kill ethereum scam plot Smiley

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June 05, 2016, 04:49:49 AM
 #373

In the past BTC-LTC value was intrinsically related(expressed in satoshies),  ie if the first was suffering an increase  the second too, Now the conditions are a little different by the fact that there are more competitors, However It could still continue that trend but perhaps with less difference than before.
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June 05, 2016, 07:35:04 AM
 #374

In the past BTC-LTC value was intrinsically related(expressed in satoshies),  ie if the first was suffering an increase  the second too, Now the conditions are a little different by the fact that there are more competitors, However It could still continue that trend but perhaps with less difference than before.

The litecoin is too similar to the bitcoin. Other coins have some unique features. For example, the Dash and Monero are anonymous.

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June 05, 2016, 10:02:38 AM
 #375

Litecoin only Chinese people are playing
If Litecoin will see 10$
Thanks Chinese.
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June 05, 2016, 10:14:44 AM
 #376

Litecoin only Chinese people are playing
If Litecoin will see 10$
Thanks Chinese.
Yes, most trading volume produced by chinese traders and last pump summer of 2015 makes almost impossible technical analysis for ltc/usd
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June 05, 2016, 06:59:37 PM
 #377

Updated list of why Litecoin is and will continue to do well:


  • Capable of four times as many transactions as Bitcoin in a ten minute period. Frankly if payment processors had adopted Litecoin in the past year current Bitcoin block discussions would be irrelevant (and likely the price of both coins higher). Anyone who has watched these discussions understands the immediate advantage of a network with larger transactional capability.  
  • Faster confirmation times. The only people who don't think this is important have never spent a single coin or they have patience that the average person does not possess.
  • The faster block time of litecoin reduces the risk of double spending attacks.
  • Anti-spam.
  • Fast well established network. Current Hashrate is 1,643 GH/s. Since scrypt is memory intensive it is known to be approximately 1000 times slower hardware wise in comparison to SHA256. Fair comparison to the Bitcoin network requires multiplying that hashrate by 1000 (1,643 TH/s). The fact is for most of Litecoins history the hashrate has been relatively high and secure. Those comparing it to the Bitcoin network without considering this 1k factor are either being disingenuous or just ignorant of the facts.
  • Continuous development look here at number of releases in past year: https://github.com/litecoin-project/litecoin/releases
  • Upcoming new features and active development look here for whats happening in 2016:
    https://www.reddit.com/r/litecoin/comments/3z2ta1/ama_official_litecoin_developers_and_litecoin/
  • Longevity. Many coins have temporarily eclipsed litecoin as they were marketed for the purpose of increasing the fiat accounts of a small group and emptying the accounts of new users. Unfortunately this has been detrimental to crypto-space in general.
  • Great community.
  • Fully supported by GoCoin a growing merchant payment processor used by thousands of merchants https://www.gocoin.com/ as well as other processors such as coinpayments, Asmoney, Alfacoins and Coinify
  • Liquidity. You can sell thousands and not crash the market. Maintains value. Look at the chart here indicating volume in the last 24 hours relative to other coins. http://cryptocoincharts.info/coins/graphicalComparison In fact volume has remained high since last June while maintaining a stable price.
  • Soon to be added to coinbase.
  • Upcoming release to include a on-chain adaptive block size scaling solution. This will substantially increase the transactional capacity of Litecoin.

 

With Bitcoin Lightning Network with the smart contracts and sidechains eventually being adapted, there's just no need for Litecoin. 

Great community - says every community
Full supported by GoCoin - Bitcoin being supported by bigger providers
Liquidity - Bitcoin
Longevity - Yes, Litecoin has managed to stay around for years and still have far less recognition than Ethereum
Coinbase - About time, Ethereum already beat it to the punch
Upcoming release - Compared to what's rolling out for Bitcoin and Ethereum, not impressed
Speed - Ethereum is already world's quicker, Bitcoin is heading towards lightning

Litecoin has made people a lot of money, I don't deny that.  I expect Litecoin to drop a notch or two in the next 4-6 months on coinmarketcap.

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June 05, 2016, 07:55:57 PM
 #378

Litecoin is old fashion now. The new trend is ICO's and smart contracts. I don't think LTC will go higher than these prices. They don't offer anything new at all. There's no development, no new projects.

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June 05, 2016, 08:23:24 PM
 #379

The only reason ICO is popular is due ethereum, we might play stupid just to earn a few $$$, but be honest?
Does anyone believe any ICO coin is distributed fairly and decentralized? NOPE

sure now is time for a ICO hype, who gona guess when it gona blow up? week, month or two... no more for sure

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June 06, 2016, 12:59:00 AM
 #380

Litecoin will not see $10 and above in 2016.

If lucky, it will still be worth between $3-$4 by the year's end. Mark my words.
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