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Author Topic: 2 hours till SegWit activation, do you think LTC will drop?  (Read 2794 times)
maeusi
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May 10, 2017, 05:03:02 PM
 #21

I am just wondering that on polo prices of sell orders are lower than buy orders.
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May 10, 2017, 05:07:11 PM
 #22

And now? Will ltc go up or down the next hours?
need to observed before placing an entry if you are not an holder yet we can't say the price because for sure fluctuation will happen the only thing is
we are really unsure if things will fall in our side or go the other way i still see some green from polo so keep checking if what segwit brings to its
popularity.

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May 10, 2017, 05:11:41 PM
 #23

Bitcoin is getting too expensive for many things. So Litecoin is the perfect little brother and will gather the micro area.

maeusi
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May 10, 2017, 05:21:06 PM
 #24

At the moment its dropping Sad
Kenny001
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May 10, 2017, 05:21:56 PM
 #25

https://www.youtube.com/watch?v=AEt9BqfhxPo

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May 10, 2017, 05:39:04 PM
 #26

i suspect a drop but the opposite tends to happen when I voice my opinion on these things lol, short term down long term if segwit works well the sky.


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May 10, 2017, 05:39:31 PM
 #27

if ever there was a buy the rumor sell the news this is it, but maybe that was the pre activation phase.

i think long term the only way is up. check the testing happening now. it's seriously impressive. merchant processors would be crazy to ignore litecoin when it has these capabilities.

if most of the places i spend started to accept it i'd drop bitcoin instantly.

and if bitcoin implemented it i'd drop litecoin instantly.
forcrypto
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May 10, 2017, 05:44:44 PM
 #28

I am expecting it to go up. Placed sell orders between 0.03-0.04 BTC. Waiting for China to wake up and see their reaction to Segwit activation. I won't be surprised either if it dump to .013 BTC later tonight.
maeusi
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May 10, 2017, 05:50:16 PM
 #29

But ltc is dropping very fast
maeusi
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May 10, 2017, 05:52:24 PM
 #30

I am expecting it to go up. Placed sell orders between 0.03-0.04 BTC. Waiting for China to wake up and see their reaction to Segwit activation. I won't be surprised either if it dump to .013 BTC later tonight.
You saved my evening Smiley
bartolo
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May 10, 2017, 05:54:02 PM
 #31

Given the relevance of the activation of Segwit in Litecoin and the importance it will have in the bitcoin scalability debate, Is it possible that someone has been creating a huge bag of Litecoin to sell them now and throw prices down the floors and thus proclaim the alleged failure of Segwit?
Creator4983
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May 10, 2017, 07:25:53 PM
 #32

We have seen community wants Segwit.
LTC price is up from 3 USD to 30 USD with Segwit news.
Why would it drop now?



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May 10, 2017, 10:20:24 PM
 #33

my opinion there can be some frustration those days or weeks , but general trend should be up and only .
with near instant transaction litecoin will get more investor and more use , what is the point of paying high BTC fees and waiting hours for some coins to arrive ,
more after SegWit activation there is more to come  Grin

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May 11, 2017, 04:26:28 AM
Last edit: May 11, 2017, 04:37:13 AM by oup59
 #34

my opinion there can be some frustration those days or weeks , but general trend should be up and only .
with near instant transaction litecoin will get more investor and more use , what is the point of paying high BTC fees and waiting hours for some coins to arrive ,
more after SegWit activation there is more to come  Grin

LN network first implementations are to be released in a month or so I guess, in-house testing is already underway for some time.

I believe what will make LTC price get higher is real life usage as in LN with low fees and rapid transactions.

Segwit is actually not really for LTC but BTC. Of course LTC benefited form it already but it will help BTC much more.

I believe LTC is not going anywhere and will raise.

Pre/Around Segwit the spike was up to 37 USD. Now it is lingering around 29-33 USD with fast up and downs.

I am watching polo since yesterday and saw many panic sells and panic buys.

I hope 30 USD+ will be its new base, though I will be in a little  (virtual) loss in my table with this price as I cashed out some profits and raised my buy base price but I can wait for it.

LN expectations, first usage and hopefully its adoption in the market will make LTC around 40 at first.

50 USD of more? I do not know yet.  Some even expects 75 USD for the end of this year.

I think it depends on LN activation and some financial bodies start to use it.
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May 11, 2017, 04:38:13 AM
 #35

I am seeing youtube videos where people think LTC will be the silver to BTC's gold??

got a few just to play the game, glad to be here Smiley
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May 11, 2017, 10:47:28 AM
 #36

i don't know why some people can not differentiate between "short term" and "long term" kind of deals.
yes i agree that Chikun is rising to the moon after SegWit activation and all the other features coming to it. i was talking about what could happen yesterday, and i was right. (more like day trading)

i hope others made profit as i did. i made a quick 2x 5% profit after i made this post from the dips yesterday.
placed some orders around 0.013BTC up to 0.016BTC and half of them are filled now. back to the long term now but just because i don't know if the dumping will continue or not, specially with the good news about Chinese exchanges opening again.

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May 11, 2017, 11:04:21 AM
 #37

Who would of though LTC is back to $30 from $2? Anything could happen.
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May 11, 2017, 11:15:17 AM
 #38

unlikely to drop. The prices will go to 45usd then it will pull back to around 30+ usd.

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May 11, 2017, 11:15:40 AM
 #39

my opinion there can be some frustration those days or weeks , but general trend should be up and only .
with near instant transaction litecoin will get more investor and more use , what is the point of paying high BTC fees and waiting hours for some coins to arrive ,
more after SegWit activation there is more to come  Grin

LN network first implementations are to be released in a month or so I guess, in-house testing is already underway for some time.

It appears the first transaction on litecoin mainnet using LN has already been done. So other than some ongoing hype about this stuff, I don't see any solid reason why the price should keep going up much more. Course it would be in some peoples best interest to drag this out to drive the price up so we'll have to see how it plays out.

https://www.youtube.com/watch?v=baHHMNA8yf4

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Red-Apple (OP)
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May 11, 2017, 11:23:39 AM
 #40

unlikely to drop. The prices will go to 45usd then it will pull back to around 30+ usd.

dude it already dropped and recovered and we made profit Grin

it went down from 0.02219BTC to 0.015BTC yesterday and that is a -32% drop.

and no i am not interested in USD value since i am only trading on bittrex and with bitcoin and that profit is important to me because it is earning more of something that will also rise not earning more of fiat that is same price s ever.

It appears the first transaction on litecoin mainnet using LN has already been done.

any reference for this.
unless that youtube link was it, in which case any other reference i can't open youtube from here Smiley

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