LTC retracing back to support line?

[eaLiTy]

I am really disappointed with the performance for litecoin after the activation of Segwit as i did purchase a handful of coins when the price was around the range of 0.018 and 0.022 ,expecting the coin would move to higher valuation because that is what i was seeing in some of the other coins and i really wonder what makes litecoin to go down after activation of segwit.

[dennyd999]

I am really disappointed with the performance for litecoin after the activation of Segwit as i did purchase a handful of coins when the price was around the range of 0.018 and 0.022 ,expecting the coin would move to higher valuation because that is what i was seeing in some of the other coins and i really wonder what makes litecoin to go down after activation of segwit.

You make decision very fast. It is only 2 days left.

Litecoin with Segwit and incoming add-ons is a real gem.

Unbelivable that we made this! Yes! Segwit is active, Lighting Network is coming. Developers are from Blockstream. LTC is on Coinbase! Dreams become true  

[ebrain]

Does it mean Litecoin could be widely used to transmit payments like Bitcoin?

For BitCoin there are vendors accepting it, ATMs, and some countries widely recognizing it but not such luck for Litecoin yet!

[Herbert2020]

it is 3 days after the end of the dump so i think we are in the safe zone
the volume looks good and i don't think the pump is over yet, don't forget that price went up 600+% and it needed to get dumped. i don't think it can get dumped lower than 0.015BTC unless some weird news comes out.

Does it mean Litecoin could be widely used to transmit payments like Bitcoin?

For BitCoin there are vendors accepting it, ATMs, and some countries widely recognizing it but not such luck for Litecoin yet!

well i believe litecoin is mostly a testing ground for bitcoin, let the SegWit work on it for a while and then let all the other additional features be added such as LN and if successful they will be added to bitcoin and litecoin will be back to being just the copy and nothing more.

[ebrain]

well i believe litecoin is mostly a testing ground for bitcoin, let the SegWit work on it for a while and then let all the other additional features be added such as LN and if successful they will be added to bitcoin and litecoin will be back to being just the copy and nothing more.

Thanks for explaining that. I always wonder why Litecoin is so undervalued as compared to Bitcoin. Does it not have enough miners or developers to make it an alternative to Bitcoin ?

LN can add a price boost again, what time frame can that occur, a few weeks from now or months?

[traderethereum]

glad to see ltc price is moving up into 0.016 and i think the price will be increase more soon and after segwit, i hope that it will help ltc to go moon. yes we can see that in yesterday ltc got dump but i think its because of bitcoin price is moving up so ltc price is drop and its not for ltc only, but for the other altcoin. and now, i only waiting for increasing the price.

[arbitrage]

glad to see ltc price is moving up into 0.016 and i think the price will be increase more soon and after segwit, i hope that it will help ltc to go moon. yes we can see that in yesterday ltc got dump but i think its because of bitcoin price is moving up so ltc price is drop and its not for ltc only, but for the other altcoin. and now, i only waiting for increasing the price.

And what will happen next when BTC hit 2000$? All altcoins will fall down including LTC, this is very nice time for living! Enjoy every freefall caused by bitcoin. Im not greedy i'm not waiting for 3x 5x or more return, i'm satisfied and with 2x, evrything goes. My  assumption is we are goin back to 0.018, then will BTC attack again and we might tuch back 0.01. This will be bottom for the LTC, then UP.

[vsyc]

glad to see ltc price is moving up into 0.016 and i think the price will be increase more soon and after segwit, i hope that it will help ltc to go moon. yes we can see that in yesterday ltc got dump but i think its because of bitcoin price is moving up so ltc price is drop and its not for ltc only, but for the other altcoin. and now, i only waiting for increasing the price.

And what will happen next when BTC hit 2000$? All altcoins will fall down including LTC, this is very nice time for living! Enjoy every freefall caused by bitcoin. Im not greedy i'm not waiting for 3x 5x or more return, i'm satisfied and with 2x, evrything goes. My  assumption is we are goin back to 0.018, then will BTC attack again and we might tuch back 0.01. This will be bottom for the LTC, then UP.

You really think that there will be someone selling up to 0.01? If so, than forget about UP it will be disaster.


Unless BTC go very quickly to 2500, than yes, but price in fiat stays same.

[IntelligentIdiot]

dont sell LTC even if it loses in btc value. its headed for $100 its inevitable. btc fees are around $0.20-$0.50 or more now. where do you think small users will go for moving funds? ltc and doge! faster and cheaper. its a no brainer actually

[e-coinomist]

dont sell LTC even if it loses in btc value. its headed for $100 its inevitable. btc fees are around $0.20-$0.50 or more now. where do you think small users will go for moving funds? ltc and doge! faster and cheaper. its a no brainer actually

DOGE got a way higher inflation rate, and the algos are the very same so huge collocations of LTC mining equipment (ASICS) could threaten it's network security.

[ridery99]

glad to see ltc price is moving up into 0.016 and i think the price will be increase more soon and after segwit, i hope that it will help ltc to go moon. yes we can see that in yesterday ltc got dump but i think its because of bitcoin price is moving up so ltc price is drop and its not for ltc only, but for the other altcoin. and now, i only waiting for increasing the price.

And what will happen next when BTC hit 2000$? All altcoins will fall down including LTC, this is very nice time for living! Enjoy every freefall caused by bitcoin. Im not greedy i'm not waiting for 3x 5x or more return, i'm satisfied and with 2x, evrything goes. My  assumption is we are goin back to 0.018, then will BTC attack again and we might tuch back 0.01. This will be bottom for the LTC, then UP.

You really think that there will be someone selling up to 0.01? If so, than forget about UP it will be disaster.


Unless BTC go very quickly to 2500, than yes, but price in fiat stays same.

There's always emotional traders who make irrational decisions. That's how we make our profits.

[jmpFCE2]

dont sell LTC even if it loses in btc value. its headed for $100 its inevitable. btc fees are around $0.20-$0.50 or more now. where do you think small users will go for moving funds? ltc and doge! faster and cheaper. its a no brainer actually

DOGE got a way higher inflation rate, and the algos are the very same so huge collocations of LTC mining equipment (ASICS) could threaten it's network security.

err , LTC and DogE are merged mined

[shanem]

It is always time to buy LTC when the price is stable now and there is little hype. In less than one month time, there will be a new hype for this coin and you would regret not buying at this price now. Now altcoins are in a bull market so a good strategy is to buy on dips and sell them when the coins get pumped.

[Zegra]

I also have a feeling this coin is going to be pumped more, if segwit gets real adoption. People will want this to send payments while the BTC issue is resolved. I bought some recently too, my only fear is ending up as a bagholder again because it was dead for a few years. However, I have a feeling this time this coin will only start to fade away when Bitcoin gets segwit / LN so better keep an eye on things.

[oup59]

I also have a feeling this coin is going to be pumped more, if segwit gets real adoption. People will want this to send payments while the BTC issue is resolved. I bought some recently too, my only fear is ending up as a bagholder again because it was dead for a few years. However, I have a feeling this time this coin will only start to fade away when Bitcoin gets segwit / LN so better keep an eye on things.

I caught the April wave before Segwit and have some good profıt on LTC by cashing out gradually and then kinda trapped with a high base purchase price. Yes I am not an experienced coin trader.
Although I will still be in profit if I sell now my LTC for its current relatively quiete low price price compared to Segwit activation day, looks like I will hold my bag for at least a couple of months to see what new developments such as LN,MAST and so on will contribute to the value of  to LTC. I can wait for months for now as long as I see development and adoption of LTC but if LTC price goes lower than 20USD, technically it will neutrealize all the profits I made from LTC.

I know experience is priceless but I hope I will at least stay in the positive side of the balance so I can wait

Time will tell.

[IntelligentIdiot]

am i the only one thinking that there must be some manipulation going on. call me some conspiracy nutjob but my gut tells me there is. like seriously, after all rises and dips since last month, who in his right mind will continue to sell at 0.0135? this just doesnt make sense to me. look at the charts from several timeframes. the whales are happy again and the minnows never seem to learn. i am holding my LTC too. i made some decent profits last month and now i made a reentry at 0.015+ and i am currently in the red. not gonna sell this to these mofos

[loreRex]

I think that many people are scared of another 2014-like period, but this makes little sense considering Segwit+LN.
I will buy more now, in fiat.

[arbitrage]

You really think that there will be someone selling up to 0.01? If so, than forget about UP it will be disaster.
Unless BTC go very quickly to 2500, than yes, but price in fiat stays same.

Yes i really think we could see even under, remember what happened with ETH. We will see Pump second round, and it will be very unpredictable this time. Few months before, LTC was proclaimed dead it is not always as it seems.

There's always emotional traders who make irrational decisions. That's how we make our profits.

Yes exactly this, someone will start with panic and my orders will be filled.

[anahata]

Good day today. Waiting for it to go below 0.013 to fill my bags 

[Laje]

I hate LTC markets because I think they are manipulated too. BTC’s silver? WTF?
Before to segwit, tweets were a problem and moved prices. We could see several strange waves (compare with other coins and remember or search tweets' history of F2POOL, SatoshiLite… ).
It seems to was very difficult to implant segwit.
I don’t know, but after to see the coincidences with the fall of some delisted coins in Polo and Segwit tweets' war, I start to think that some coins are more centralized than we belive them.
I think Charlie Lee has to stop to publish puzzles and work hard to explain to some business/people why LTC is a good option to pay and make transactions.