[LTC] Litecoin Speculation

[maxsinner]

Personally I feel LTC/USD is heading up toward $10.

heh..thought that too till the crypto whales of btc and ltc came in today and stomped the price down.....

how does it go...power corrupts absolute power corrupts absolutely...


frigging whales play the markets and keep prices down on crypto like Steve Martin jamming his Banjo

You have no idea what you are talking about. Nothing goes up in a straight line. People will always take profit along the way. Despite, many people expected a full retrace to support before moon, so this is what we got.

[trickytricky]

Has nice sideway movement i think it will go up in a week but i could b wrong

[The Sceptical Chymist]

Currently:
1 ltc = 4.2640752 usd
1 ltc = 0.00911997 BTC

Bitcoin is going up a lot since a few days, and Litecoin even goes up against Bitcoin. Just last week it was 0.007xx BTC. Is this because Ethereum is losing ground? Litecoin has been around longer than any other altcoin and has more or less proven itself to stick around.
I am happily holding a few of them, nothing much, but it would be nice to see them climb up more.

Last I checked about a year ago on preev.com, ltc was around $3 so where it's at now isn't too bad.  If it still gets used, more power to it.  Wish doge would creep upward but that's another story.

[enhu]

Has nice sideway movement i think it will go up in a week but i could b wrong

Not because I have some LTC on my wallet but yeah I do believe this coin isn't dead and could go more than $10 in the next few months. My LTC has been kept ever since when they were still $7 and so once its more than $10 I'll finally profit few bucks.   waited too long.

[shintosai]

Has nice sideway movement i think it will go up in a week but i could b wrong

Not because I have some LTC on my wallet but yeah I do believe this coin isn't dead and could go more than $10 in the next few months. My LTC has been kept ever since when they were still $7 and so once its more than $10 I'll finally profit few bucks.   waited too long.

wow a good traders always believe in profits. i admire you for that mate, ltc isn't dead yet it is still moving and exist, I seen some trade from nova using ltc to espers and some to doge with the price of btc rising up ltc continue riding with it, I'm holding just fe of it coming from my trade to espers and keeping holding it seeing the price still rising, I'll be selling it after hitting $10 bucks. good luck mate.

[Lie Detector]

I think by the end of this year we will see $10 LTC.

[BitcoinHodler]

Has nice sideway movement i think it will go up in a week but i could b wrong

Not because I have some LTC on my wallet but yeah I do believe this coin isn't dead and could go more than $10 in the next few months. My LTC has been kept ever since when they were still $7 and so once its more than $10 I'll finally profit few bucks.  waited too long.

litecoin was never dead, it may not be the best altcoin in assistance mostly because of the development state and the fact that it is the copy of bitcoin. but it was never dead.

Litecoin is still alive and popular ant the most important part with LTC is the fact that Chinese are very interested in it and they always invest in LTC and pump it so there is good chance for profit.

[shyliar]

Will definitely do well in upcoming months because:

• 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 payment processor used by thousands of merchants https://www.gocoin.com/
• 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.

[Paracelsus]

LTC is at least immune on all those filthy lies that constantly surrounding BTC. I never heard anything like this about ltc, this is why price is very stable.

[azguard]

Definitly ltc will not die chinese are main players with ltc
so i near future only remain to follow btc in price

[BTCLovingDude]

litecoin is currently moving downwards and is a little too soon to predict the price movement of the future, it was not like this a couple of days back when the bitcoin price was going up but that has stopped and litecoin followed!

anyways i am expecting a somewhat stable price for the time being and a rise after this stage, but it may take a week or so.

[Dagwanoenyent]

LTC follow BTC this is clear and this small rise is nothing significant, pump will occur without BTC.

[Nxtblg]

Has nice sideway movement i think it will go up in a week but i could b wrong

Maybe. This last rise was choked off by short-sellers. Too many got the idea that the rise was a Wolong pump: pumping LTC after he sold his.

[azguard]

still this is not the real thing
it will come in i think maybe next month when we are close to halving in BTC that LTC may follow this and use this for something big

[Aki4real]

I will probably receive a lot of heat for my opinion which is:

LTC is slowly losing ground, my best guess is one more hype till 7$ or so.. then slowly fading to current price again or even lower.

Good luck though!

[francism]

I will probably receive a lot of heat for my opinion which is:

LTC is slowly losing ground, my best guess is one more hype till 7$ or so.. then slowly fading to current price again or even lower.

Good luck though!

Hyping then dumping on the sideline, that's how day traders makes some money with LTC. But big holders will definitely not allow the price to go even lower than $3.

[azguard]

I will probably receive a lot of heat for my opinion which is:

LTC is slowly losing ground, my best guess is one more hype till 7$ or so.. then slowly fading to current price again or even lower.

Good luck though!

7 bucks should be realistic price for one LTC but this doesnt mean it will be seem more that price is struggling to maintain and follow btc price
also some other alts are here to make big mess so remain in next few month to bee seen

[Red-Apple]

Litecoin is as it always was, a good investment. and i don't see why this has to change.

i don't agree with those who say Litecoin is dead and done with nor i agree with those who say Litecoin is the best and list the benefits like faster and more secure transactions.

litecoin is something in the middle, but the thing that makes it a good investment is not any of these. the biggest reason is that Chinese have always been so interested in LTC and pumping it especially when bitcoin is rising.

this is why i am calling the 0.0081-0.0083 range the accumulation phase before the moon!

[rangedriver]

[LoyceV]

• 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.

I like that I can send a small amount with zero fee, and it gets confirmed quickly anyway. Within Litecoin Core it looks exactly the same as Bitcoin Core (obviously since it was just copied), so despite the 100 times lower value, 1 Litecoin (or even much less than that) reaches Medium Priority just as fast. That means a certain amount in dollars reaches Medium Priority 100 times faster, which makes a zero fee transaction possible.
And even if you pay a fee, it is much lower than Bitcoin. Bitcoin now requires a few dollarcents up to half a dollar if you want it to get confirmed fast. In my opinion this is a bad development for Bitcoin users, only caused by miners getting rich.
For Bitcoin, fees have gone up since the Bitcoin value went up. Measured in dollars it went up even faster.

All in all I like Litecoin more than Bitcoin, if only it had the same number of users.
As a thought experiment: imagine Litecoin was the first cryptocurrency, and Bitcoin the second. I don't think Bitcoin would have survived the way Litecoin survived, simply because it's inferior.