huge LTC sell wall on BTC-e (2000 BTC worth of LTC being sold)

[bitcoinlitcoinbtcltc]

LTC getting dumped haha, worthless coin.

Get out now!

[rdnkjdi]

LTC getting dumped haha, worthless coin.

Get out now!

Maybe BCX is letting go of a bit of his stash

[qwizzie]

i wonder how patient that seller really is... i guess time will tell.

[Minecache]

There's a mass of LTC sellers moving into ETH and The DAO as these have much more potential and development than LTC which is like a dead duck in the crypto waters.

[cryptohunter]

no one makes a sell wall like that if they are really wanting out

[shanem]

It is likely someone is trying to scare people to selling before a pump. I encounter time a few times when I sold out after seeing a huge sell wall. About a week later, the market price is way above the sell wall price.

[qwizzie]

bye bye sell wall.

[shyliar]

That's only a small amount considering Litecoins daily volume. Not even worth making a post about really. Hasn't affected price at all.

[Za1n]

It is likely someone is trying to scare people to selling before a pump. I encounter time a few times when I sold out after seeing a huge sell wall. About a week later, the market price is way above the sell wall price.

It appears that is exactly what is was, price is on the rise right now. We will have to wait and see if it continues.

[JosNekoKopa]

LTC rising and many predictions were very bad on this one. This is not pump like IT or LIST this is more like small natural growth and rising demand. People realising LTC is actually very good coin!

[Netnox]

Litecoin offers nothing of actual usecase, bitcoin covers everything already. Ltc is just piggy backing on btc and has becomed just a pump n dump coin, its only a trade coin nothing else. As newer better projects like Ethereum, Augur, DAO, Waves mature more people jump the ltc ship, only bagholders are left right now hopibg for btc to boom.

[kelsey]

Litecoin offers nothing of actual usecase, bitcoin covers everything already. Ltc is just piggy backing on btc and has becomed just a pump n dump coin, its only a trade coin nothing else. As newer better projects like Ethereum, Augur, DAO, Waves mature more people jump the ltc ship, only bagholders are left right now hopibg for btc to boom.

ltc has a ton of advantages even over btc, much faster/practical to use, doesn't have a billion dollar anon bagholder (or worse a nutjob conman holding said private keys). nor is it about to split into core v classic dramas.....list goes on.

ltc primarily a trade coin atm well most definitely, but thats how even fiat gets true value., so tis a damn good start.

ltc development has plenty going on atm if you'd cared to do the research.


as for those other premine scams you list, you know they kinda defeat the whole purpose of the need for a p2p currency in the first place but whatever  


as for the OP's title, hmmmm yes tis called liquidity (which in market terms is more important then price), look it up sometime 

[monkeydong1]

Why litecoin goes up again ?

I thought it was supposed to go way down now  .

[Netnox]

Litecoin offers nothing of actual usecase, bitcoin covers everything already. Ltc is just piggy backing on btc and has becomed just a pump n dump coin, its only a trade coin nothing else. As newer better projects like Ethereum, Augur, DAO, Waves mature more people jump the ltc ship, only bagholders are left right now hopibg for btc to boom.

ltc has a ton of advantages even over btc, much faster/practical to use, doesn't have a billion dollar anon bagholder (or worse a nutjob conman holding said private keys). nor is it about to split into core v classic dramas.....list goes on.

ltc primarily a trade coin atm well most definitely, but thats how even fiat gets true value., so tis a damn good start.

ltc development has plenty going on atm if you'd cared to do the research.


as for those other premine scams you list, you know they kinda defeat the whole purpose of the need for a p2p currency in the first place but whatever  


as for the OP's title, hmmmm yes tis called liquidity (which in market terms is more important then price), look it up sometime 

The premine excuse of litecoin bagholders is getting old, you see that litecoin has no advantage over the much more superior crypto currency technologies and can only blame the word premine. Ethereum showed market doesnt care at all about premine if the devs and technology is promising. Regarding litecoins faster transaction i must say bitcoin purchases are already pretty much instant anyway.

[shyliar]

Great coin 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 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.

[TreasureSeeker]

Greta coin because:

For a moment I thought you were spamming a new coin called "Greta Coin" until I read your points and realised you were referring to Litecoin so I guess you must mean "Great Coin", to which I completely agree. 

No sign of that sell wall now by the way so it's either been bought or removed.  With the strong upward pressure and volume I would guess bought.

[shyliar]

Greta coin because:

For a moment I thought you were spamming a new coin called "Greta Coin" until I read your points and realised you were referring to Litecoin so I guess you must mean "Great Coin", to which I completely agree. 

No sign of that sell wall now by the way so it's either been bought or removed.  With the strong upward pressure and volume I would guess bought.

lol - well my proof reading skills are deteriorating.....along with various body parts

[Ulloa]

Greta coin because:

For a moment I thought you were spamming a new coin called "Greta Coin" until I read your points and realised you were referring to Litecoin so I guess you must mean "Great Coin", to which I completely agree. 

No sign of that sell wall now by the way so it's either been bought or removed.  With the strong upward pressure and volume I would guess bought.

I guess it was to scare of investors and manipulate the price. Good that is gone now because

[kelsey]

Litecoin offers nothing of actual usecase, bitcoin covers everything already. Ltc is just piggy backing on btc and has becomed just a pump n dump coin, its only a trade coin nothing else. As newer better projects like Ethereum, Augur, DAO, Waves mature more people jump the ltc ship, only bagholders are left right now hopibg for btc to boom.

ltc has a ton of advantages even over btc, much faster/practical to use, doesn't have a billion dollar anon bagholder (or worse a nutjob conman holding said private keys). nor is it about to split into core v classic dramas.....list goes on.

ltc primarily a trade coin atm well most definitely, but thats how even fiat gets true value., so tis a damn good start.

ltc development has plenty going on atm if you'd cared to do the research.


as for those other premine scams you list, you know they kinda defeat the whole purpose of the need for a p2p currency in the first place but whatever  


as for the OP's title, hmmmm yes tis called liquidity (which in market terms is more important then price), look it up sometime  

The premine excuse of litecoin bagholders is getting old, you see that litecoin has no advantage over the much more superior crypto currency technologies and can only blame the word premine. Ethereum showed market doesnt care at all about premine if the devs and technology is promising. Regarding litecoins faster transaction i must say bitcoin purchases are already pretty much instant anyway.

well then you've completely lost the point of having cryptos in the first place.

litecoin has many advantages over these so called new "innovative" currencies. if ETH came in 2009 and btc/ltc came out now everyone would be hailing btc/ltc as the innovative ones.

[JosNekoKopa]

We can talk here why is LTC good and why is BTC better, but it is clear that LTC is still here and rocking! Call it what you like but still we have much supporters and investors, i like it! BTC was first and no denying, it is best at this moment! This can be changed in the future you know?