Litecoin Comeback 2017?

[p2607]

May it reach half of its ATH it will be a stunner.
I dont know why the chinese keep that coin alive...

Chinese big exchanges only have 2 coins and nothing else: BTC and LTC
this is one of the reasons for the big pumps.

but also litecoin is not as bad as many think. it actually offers good things. the developers are active and good and after all these years they are still improving the coin! and with the latest upgrade to SegWit (which is not yet activated) I am sure this coin will see lots of changes.

oh and it is now worth $5.5

Well let's hope they add ETH soon

[Febo]

it is always a matter of time and turn.
it is not yet litecoin's turn to rise. right now other altcoins are getting pumped and going to the moon. after some time passes and the bubbles in all those other altcoins burst, traders sell their coins (eth, dash, monero, steem, ripple,...) and take the money out.
many will invest that money back in bitcoin and many will continue trading other altcoins, that money will be distributed among many alts.

the pumpers however will take the money and the profit they got from the pump to the next altcoin to pump. this can be litecoin. and when they do, price will go back to ATH and higher depending on situation.

Accumulation on Polo is on average 1000 BTC a day...so LTC will fly soon

Good observations. wonder if you calculated that with ZX Spectrum.

Anyway, Litecoin is like Punk. and we all know that Punk is not dead.

[muddafudda]

The Litecoin network is designed to produce 84 million currency units.
One of Litecoin's goals was to provide a mining algorithm that runs at the same time and on the same hardware used to mine bitcoins. With the addition of specialized ASICs to Bitcoin, Litecoin continues to meet these goals.

[sn0oked]

It's going crazy right now

[tehMoonwalker]

every coin dat pumped the last 2 days is now in top 4 worst coins bytecoin,coin2.0,emc2, xbc etc

[sn0oked]

Let's see what'll happen to Litecoin, because it had a +370% spike at GDAX some minutes ago. Just wondering why out of the sudden it went up because it was very stable aroun $3-4 last year, even this up until today.

[Lera Marlow]

All of sudden alt-coin season started any particular reason behind it.
Why some alt coin are showing so much of strength.

[carlfebz2]

All of sudden alt-coin season started any particular reason behind it.
Why some alt coin are showing so much of strength.

Its not surprising anymore and it does really happen on cryptoworld on which whales would decide on what coin they would like to pump which we could able to witness that theres a huge spike specially on low valued coins and also to those top altcoin as of now.

[elite3000]

I see 50%+ rise in Litecoin price in 1 day.

Does anything changed or happened today to justify this bull rise?

[MiBambino]

I see 50%+ rise in Litecoin price in 1 day.

Does anything changed or happened today to justify this bull rise?

I believe the FUD concerning BTC has brought money to LTC, as well as the growing understanding that most of the altcoins today have very little future. Does anyone honestly believe a coin named after an internet meme will be taken seriously in the next few years? A coin like litecoin however not only sounds professional and resembles the biggest cryptocurrency in the world (bitcoin), it also is technologically better than most coins today. LTC not only can become an adopted online currency used by millions, but it can also be used as a low risk investment for beginner investors who want to see occasional spikes which can give them some profit, but not give them the risk of low drops. I personally believe in LTC as much as i believe in BTC, and a 50$ LTC by the end of this year is very plausible, more plausible than a 2000$ BTC in my opinion. Don't forget that in order to have a 2K bitcoin, people need to buy a 1999 bitcoin. If people don't expect the price to rise, people won't buy. A 1000% increase for a 7$ coin (70$) is in most peoples eyes a far more plausible scenario than a 1000$ coin rising with 100% (2000$ coin).

[Murdock]

I see 50%+ rise in Litecoin price in 1 day.

Does anything changed or happened today to justify this bull rise?

I believe the FUD concerning BTC has brought money to LTC, as well as the growing understanding that most of the altcoins today have very little future. Does anyone honestly believe a coin named after an internet meme will be taken seriously in the next few years? A coin like litecoin however not only sounds professional and resembles the biggest cryptocurrency in the world (bitcoin), it also is technologically better than most coins today. LTC not only can become an adopted online currency used by millions, but it can also be used as a low risk investment for beginner investors who want to see occasional spikes which can give them some profit, but not give them the risk of low drops. I personally believe in LTC as much as i believe in BTC, and a 50$ LTC by the end of this year is very plausible, more plausible than a 2000$ BTC in my opinion. Don't forget that in order to have a 2K bitcoin, people need to buy a 1999 bitcoin. If people don't expect the price to rise, people won't buy. A 1000% increase for a 7$ coin (70$) is in most peoples eyes a far more plausible scenario than a 1000$ coin rising with 100% (2000$ coin).

I agree on you with that.
Also transaction times are very long with BTC, it took me approximately 3 hours to send and receive BTC. Don't think the transaction times will be shorter in the near future.

[Zaducis]

A little manipulation and Litecoin began to grow. Now the capitalization of this coin does not seem very huge.

[Nathan047]

Well, it seems that LiteCoin is already 8 plus dollars at the moment. It was always so stable, then out of nowhere it's doubled in value. I hope people are adopting LiteCoin, although it's probably just a fluctuation that'll correct itself. Lets see where this goes.

[5thangel]

Let's make Litecoin great again !

[mummybtc]

Let's make Litecoin great again !

But the question on my mind is, what happens after SegWit activation, there has not been any active development on Litecoin for some time, except for the team to port anything on Bitcoin to the networt, this cannot work like this forever

[Nathan047]

Let's make Litecoin great again !

But the question on my mind is, what happens after SegWit activation, there has not been any active development on Litecoin for some time, except for the team to port anything on Bitcoin to the networt, this cannot work like this forever

The hype will be gone, but it'll still be "Silver" to Bitcoin's "Gold". Besides, were likely to see a large amount of usage when Coinbase adds LiteCoin into the mix of coins they process.

[asradoni]

Let's make Litecoin great again !

But the question on my mind is, what happens after SegWit activation, there has not been any active development on Litecoin for some time, except for the team to port anything on Bitcoin to the networt, this cannot work like this forever

The hype will be gone, but it'll still be "Silver" to Bitcoin's "Gold". Besides, were likely to see a large amount of usage when Coinbase adds LiteCoin into the mix of coins they process.

I think the silver can be ZCash. It offers some function which the bitcoin does not have.

[OrangeP]

Let's make Litecoin great again !

But the question on my mind is, what happens after SegWit activation, there has not been any active development on Litecoin for some time, except for the team to port anything on Bitcoin to the networt, this cannot work like this forever

The hype will be gone, but it'll still be "Silver" to Bitcoin's "Gold". Besides, were likely to see a large amount of usage when Coinbase adds LiteCoin into the mix of coins they process.

I think the silver can be ZCash. It offers some function which the bitcoin does not have.

Maybe ZenCash, which is not a scam.

[Nathan047]

Let's make Litecoin great again !

But the question on my mind is, what happens after SegWit activation, there has not been any active development on Litecoin for some time, except for the team to port anything on Bitcoin to the networt, this cannot work like this forever

The hype will be gone, but it'll still be "Silver" to Bitcoin's "Gold". Besides, were likely to see a large amount of usage when Coinbase adds LiteCoin into the mix of coins they process.

I think the silver can be ZCash. It offers some function which the bitcoin does not have.

Zcash just seem to scammy and volital to me be the “silver” to bitcoin’s digital “gold.”
That’s just my opinion though.

[asradoni]

Let's make Litecoin great again !

But the question on my mind is, what happens after SegWit activation, there has not been any active development on Litecoin for some time, except for the team to port anything on Bitcoin to the networt, this cannot work like this forever

The hype will be gone, but it'll still be "Silver" to Bitcoin's "Gold". Besides, were likely to see a large amount of usage when Coinbase adds LiteCoin into the mix of coins they process.

I think the silver can be ZCash. It offers some function which the bitcoin does not have.

Zcash just seem to scammy and volital to me be the “silver” to bitcoin’s digital “gold.”
That’s just my opinion though.

ZCash offers the anonimyty that the bitcoin does not offer and it is under good development. It might succeed.