Litecoin has potential. Beyond $50?

[Red-Apple]

what are we thinking about litecoin today?

price is still 2x higher than before the rally started and i think it is perfectly normal for the price to have came down after the 180% rise.

also looking at the USD value the price is still high above $10-$10.3 which means part of the dump was due to bitcoin price rising:
BTC/USD up => LTC/BTC the same => arbitrage opportunity LTC<>BTC<>USD => crashing LTC/BTC price.

i say we can still see continuation of the rise after this day ends although it is very hard to speculate right now.

[BrainyNetwork]

I think it's a temporary drop. SegWit adoption has backed from a few %, people are scared, some profit takers dumping.

It was a good last 24 hours to buy I think, hope so.

[BitcoinNewsMagazine]

Coinbase or GDAX adding litecoin trading is not necessarily positive for the price. Look what happened when GDAX started trading ETH May 2016:



Ether price dropped over 70% in 7 months before recovering. You might want to sell your litecoin before SegWit activates or Litecoin is added to GDAX (buy the rumour sell the news.)

[BrainyNetwork]

I'm not really on Twitter, so I didn't know until just now.

Here is what mostly caused the LTC price drop.

F2Pool owner (controls 35% hashrate of LTC network) said he would drop SegWit.

http://img4.hostingpics.net/pics/964838F2PoolSegWitScam.png

Nice little scam from him, as if his mind wasn't already made on adopting or not.

He probably sold at peek and made a fortune on cheap LTCs today.

Nice guy.

[European Central Bank]

F2Pool owner (controls 35% hashrate of LTC network) said he would drop SegWit.

i thought this guy was a pure pool with no power of his own. if that is true then all miners have to do is shop elsewhere.

[BrainyNetwork]

F2Pool owner (controls 35% hashrate of LTC network) said he would drop SegWit.

i thought this guy was a pure pool with no power of his own. if that is true then all miners have to do is shop elsewhere.

Yeah he's a pure pool, but 35% pointing to his pool.

I guess it would indeed be a good idea for miners to point on other pools who also support SegWit.

I wonder how many miners are aware of this tweet saga.

[European Central Bank]

Yeah he's a pure pool, but 35% pointing to his pool.

I guess it would indeed be a good idea for miners to point on other pools who also support SegWit.

I wonder how many miners are aware of this tweet saga.

considering how active charlie lee is at the moment i think there's a good chance he could get many to switch. it would be very stupid of this guy to torpedo his own business when the tide is against him.

there's also prohashing who are having to reprogram but they're committing towards the end of the month and they have about 6%

[acoco]

How to activate the segwit will be the last price increase, and then forget again. 25 $ maximum and then candle up

[pereira4]

Well lets see, last bottom for LTC was april 7th: 0.00789

Current price: 0.00901420

What are we looking at here?


Did LTC bottom?

Are we going to test another 0.011 top to form a double top? maybe it breaks out if some chink decides to add hashrate to 75% (where is Charlie's brother at?)

I want more money and I love a good gamble but I dont want to lose the gains i've made those days fuuuck.

[FOMOFish]

Well lets see, last bottom for LTC was april 7th: 0.00789

Current price: 0.00901420

What are we looking at here?


Did LTC bottom?

Are we going to test another 0.011 top to form a double top? maybe it breaks out if some chink decides to add hashrate to 75% (where is Charlie's brother at?)

I want more money and I love a good gamble but I dont want to lose the gains i've made those days fuuuck.

I doubt. Im short from 0.009 targetting 0.0079 or lower.

[Golftech]

Well lets see, last bottom for LTC was april 7th: 0.00789

Current price: 0.00901420

What are we looking at here?


Did LTC bottom?

Are we going to test another 0.011 top to form a double top? maybe it breaks out if some chink decides to add hashrate to 75% (where is Charlie's brother at?)

I want more money and I love a good gamble but I dont want to lose the gains i've made those days fuuuck.

its showing another green and might possible to goes up again good time to place an entry but not to go being a fomo its hard doing it like that
play safe while price at green and never to sell if price drop down just continue holding sell only if you already got decent earnings.

[boltz]

raining with sells ....

this is why I don't buy ltc

[boltz]

ltc dead again 6 months ...see u on autumn ltc , 10x for this small ride .

[European Central Bank]

let's see how the hashing war pans out first. they may even look into a uasf. I think the appetite for miner bullshit has gone.

[Apened]

let's see how the hashing war pans out first. they may even look into a uasf. I think the appetite for miner bullshit has gone.

The war is over. The segwit will be implemented soon.

[Searing]

let's see how the hashing war pans out first. they may even look into a uasf. I think the appetite for miner bullshit has gone.

The war is over. The segwit will be implemented soon.

Yep. We will see how long it takes for the pools to adopt. But looking good.

Then again I have a pre-order for 4 L3+'s from Bitmain. May 5th batch, so it the coin pumps to $20 I may NEVER get them back

https://cointelegraph.com/news/litecoin-roundtable-unanimous-vote-to-decide-segwit-future

[zeusk]

The new Litcoin ATH will become evident within the next 2.5 weeks.
Im prediciting a $65 to $75 LTC price in the short term.
Long term LTC will be at $150!


Mark my words. I can look into the future based on pure fundementals + technicals - FUD.