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Author Topic: LTC @0.004 - whats up  (Read 1819 times)
vlom (OP)
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December 05, 2016, 06:20:28 AM
 #1

any idea why this is happening right now?


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December 05, 2016, 06:38:10 AM
 #2

Some litecoin whale decided to dump a lot litecoin onto the market, all at once.  Someone needed money.  That's bout the only real explanation,  everything else is jist guessing.
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December 05, 2016, 07:07:27 AM
 #3

Some litecoin whale decided to dump a lot litecoin onto the market, all at once.  Someone needed money.  That's bout the only real explanation,  everything else is jist guessing.
Very well said only bagholders or whales could able to dump its price like that. I think this is the end for LTC or just another strategic move and would tend to pump up on the near future.If it doesnt then LTC would remain its place.

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December 05, 2016, 07:24:36 AM
 #4

Some litecoin whale decided to dump a lot litecoin onto the market, all at once.  Someone needed money.  That's bout the only real explanation,  everything else is jist guessing.

This is most likely what is happening. Litecoin was a great coin store your money in something stable (USD value). Supposedly the Chinese are big on it. Big dump happening and the market following. I doubt it will crash but not much adoption in terms of outside of crypto.

Maybe Bitcoin pump is causing dump of Litecoin savings to get in on the action?
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December 05, 2016, 07:28:52 AM
 #5

Well I think personally that Litecoin has been dead for a long time now and there isn't really anything that can revive it except a big pump, which will only last a while, or a huge change in the litecoin code, which i think it is pretty much impossible.

However chinese are still pretty big on it. Interesting to see.
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December 05, 2016, 07:34:22 AM
 #6

Well I think personally that Litecoin has been dead for a long time now and there isn't really anything that can revive it except a big pump, which will only last a while, or a huge change in the litecoin code, which i think it is pretty much impossible.

However chinese are still pretty big on it. Interesting to see.
Im believing the same thing too which only Chinese had the capability to pump up this coin again but i dont think it will happen on to these days. Changing codes on litecoin is impossible to happen that could able to pump up ltc,many people do always say that LTC is dead already which is true because we can see the price is quiet stagnant for a while and now it dumps even hard.

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December 05, 2016, 07:53:05 AM
 #7

Some litecoin whale decided to dump a lot litecoin onto the market, all at once.  Someone needed money.  That's bout the only real explanation,  everything else is jist guessing.

i hope it is only this. then i like LTC because the $ price is more stable than the btc-$price.
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December 05, 2016, 09:58:59 AM
 #8

Well I think personally that Litecoin has been dead for a long time now and there isn't really anything that can revive it except a big pump, which will only last a while, or a huge change in the litecoin code, which i think it is pretty much impossible.

However chinese are still pretty big on it. Interesting to see.


Litecoin is not dead neither does it intend to die. The coin has come to stay and it has real-life uses - at least in China.

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December 05, 2016, 11:13:51 AM
 #9

Lol, why are you even asking? This is Litecoin dying.

I am always right about LTC predictions, so if ur smart, sell your LTC now. Even if it means at big loss; loss will only become greater.

Ltc --> scam coin, even feathercoin is more useful.
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December 05, 2016, 11:19:36 AM
 #10

Not an end, just a big dump, that's all. You'll see a pump coming soon too. Same old tactics of big whales. Pump and dump.

Litecoin has a lot of future, don't under-estimate it. Roll Eyes
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December 05, 2016, 11:40:23 AM
 #11

Ouch. Thats a big drop.
Glad I traded my LTC for Monero a few weeks ago.

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December 05, 2016, 01:12:06 PM
 #12

The volume is also quite big. I heard that there will be a hard fork for the litecoin to give it more innovative functions.
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December 05, 2016, 01:19:59 PM
 #13

Well I think personally that Litecoin has been dead for a long time now and there isn't really anything that can revive it except a big pump, which will only last a while, or a huge change in the litecoin code, which i think it is pretty much impossible.

However chinese are still pretty big on it. Interesting to see.


Litecoin is not dead neither does it intend to die. The coin has come to stay and it has real-life uses - at least in China.
Yup, Litecoin will not die unless bitcoin dies or if there is major manipulation involved to kill it. It has lasted the most in altcoin, and is the first major altcoin,  I wouldn't give up on it just yet.
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December 05, 2016, 01:25:26 PM
 #14

Ouch. Thats a big drop.
Glad I traded my LTC for Monero a few weeks ago.

reported for being a paid monero shill

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December 05, 2016, 02:03:29 PM
 #15

Some litecoin whale decided to dump a lot litecoin onto the market, all at once.  Someone needed money.  That's bout the only real explanation,  everything else is jist guessing.
Very well said only bagholders or whales could able to dump its price like that. I think this is the end for LTC or just another strategic move and would tend to pump up on the near future.If it doesnt then LTC would remain its place.

altcoin market is at a pretty bad stage right now, everybody is dumping every altcoin in the market and turning their moneyz to bitcoin!

but as for litecoin it is really strange to see this kind of big dump and this only happens when Chinese dump, they are the only ones that dump like this, remember the LTC halving pump and sudden dump?

but one thing is certain: this is not the end of litecoin, a coin that has been around since 2013 ish

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bitcoinlitcoinbtcltc
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December 05, 2016, 03:11:15 PM
 #16

Not an end, just a big dump, that's all. You'll see a pump coming soon too. Same old tactics of big whales. Pump and dump.

Litecoin has a lot of future, don't under-estimate it. Roll Eyes

There will never be a LTC pump ever again Smiley.

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December 05, 2016, 09:29:26 PM
 #17

Maybe because Litecoin is alredy dead. Huh
Who wants to buy Litecoin in 2017? I'm sure NOBODY want it.
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December 06, 2016, 08:03:01 AM
 #18

LTC will moon and rebound soon Smiley
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December 06, 2016, 09:31:00 AM
 #19

standard litecoin price is 3dollar
this now down price litecoin not extreme
litecoin price this now still over 3 dollar
if pair use bitcoin is very big down price

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December 06, 2016, 10:10:58 AM
 #20

Well I think personally that Litecoin has been dead for a long time now and there isn't really anything that can revive it except a big pump, which will only last a while, or a huge change in the litecoin code, which i think it is pretty much impossible.

However chinese are still pretty big on it. Interesting to see.


Litecoin is not dead neither does it intend to die. The coin has come to stay and it has real-life uses - at least in China.
Yup, Litecoin will not die unless bitcoin dies or if there is major manipulation involved to kill it. It has lasted the most in altcoin, and is the first major altcoin,  I wouldn't give up on it just yet.
May the second reason caused by bitcoin trend and they also get any impact for their price. But LTC have enough power for that.

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