Bitcoin Forum
October 19, 2017, 01:54:28 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: should I buy LiteCoins right now?  (Read 1090 times)
bbbblaine
Newbie
*
Offline Offline

Activity: 2


View Profile
May 09, 2013, 09:51:59 PM
 #1

I am just getting started mining some LiteCoins but noticed the value is significantly lower than BTC currently.  I was thinking that the value might rise sharply as BTC did, but was wondering what other people think about this?  If this is going to be the case, then I should invest in purchasing some LTC right now while I am getting my workers up and running.

Thoughts?
1508378068
Hero Member
*
Offline Offline

Posts: 1508378068

View Profile Personal Message (Offline)

Ignore
1508378068
Reply with quote  #2

1508378068
Report to moderator
1508378068
Hero Member
*
Offline Offline

Posts: 1508378068

View Profile Personal Message (Offline)

Ignore
1508378068
Reply with quote  #2

1508378068
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Badabing
Member
**
Offline Offline

Activity: 75



View Profile
May 09, 2013, 10:13:37 PM
 #2

Once Mtgox add ltc, ltc price will skyrocket exponentially.
snipsnoop
Hero Member
*****
Offline Offline

Activity: 868


View Profile
May 09, 2013, 10:18:40 PM
 #3

Once Mtgox add ltc, ltc price will skyrocket exponentially.

IF is the name of the game.. Think they will though, seems to be the next big thing
The Extreme
Jr. Member
*
Offline Offline

Activity: 34


View Profile
May 09, 2013, 11:20:04 PM
 #4

There is no single answer to your question - it's a good one!

Even bitcoins, arguably the most stable of all crypto currencies, can still swing widely in value. It comes down to risk. BTC has high risk with the possibility of good return. LTC carries very high risk and has the possibility of phenomenal return. Other, not as popular crypto currencies, carry ridiculous risk and investing in them is better described as gambling. You could lose everything you put into them ("pump and dump and some describe it) or make 10,000:1 on your investment.

You obviously agree that crypto currencies are here to stay, otherwise you would not be on this board, nor would you be mining. My advice is to invest only what you can afford to lose - absolutely nothing more than that. And invest in at least two such currencies - it hedges bets and increases the shot at least one will do well for you.  BTC seems the safest, so I'd suggest that be one of them.

Best of luck with your mining, and with your decision!

The Extreme

souvenirx
Newbie
*
Offline Offline

Activity: 2


View Profile
May 09, 2013, 11:23:55 PM
 #5

Id say LTC is a good way to go right now but it could fall before it rises... so its still risky.
MiningUnited
Newbie
*
Offline Offline

Activity: 28


View Profile
May 09, 2013, 11:30:34 PM
 #6

Quote
Once Mtgox add ltc, ltc price will skyrocket exponentially.

Some say it might be wise to invest some in LiteCoin right now, but never invest more than you can lose in anything - and diversify!
FocusMedia
Newbie
*
Offline Offline

Activity: 14



View Profile
May 09, 2013, 11:31:27 PM
 #7

I a thinking to buy some also.

My Face 2 Face Trade Experience - https://bitcointalk.org/index.php?topic=198807.msg2068657#msg2068657
MiningUnited
Newbie
*
Offline Offline

Activity: 28


View Profile
May 09, 2013, 11:34:31 PM
 #8

Quote
I a thinking to buy some also.

It is the only possible second chance to catch the same action in the rise of price that BitCoin has. This is what is drawing people towards it.
PerfectAgent
Sr. Member
****
Offline Offline

Activity: 252


Still the Best 1973


View Profile
May 09, 2013, 11:39:55 PM
 #9

I have a feeling it might be more of a victim of speculation than BTC was.

░▒▓█ Coinroll.it - 1% House Edge Dice Game █▓▒░ • Coinroll Thread • *FREE* 100 BTC Raffle
BTC Address: 14qkEkmoWQbgF4EMB6F5m8p3LU1D8UK32D ||||||||||| NMC Address: N8xv7xXnLnRgSvQCRK9vwndsH2HBAifs3C
MiningUnited
Newbie
*
Offline Offline

Activity: 28


View Profile
May 10, 2013, 12:00:51 AM
 #10

Quote
I have a feeling it might be more of a victim of speculation than BTC was.

Yes, but even if it moves to $10 you about triple your investment. Having it reach the $10 mark is not impossible, if not higher. Like mentioned above, what needs to happen is for the exchanges to pick it up.
FocusMedia
Newbie
*
Offline Offline

Activity: 14



View Profile
May 10, 2013, 12:05:59 AM
 #11

I am finding it hard to actually get ahold of them tho.  Cry

My Face 2 Face Trade Experience - https://bitcointalk.org/index.php?topic=198807.msg2068657#msg2068657
MiningUnited
Newbie
*
Offline Offline

Activity: 28


View Profile
May 10, 2013, 12:08:00 AM
 #12

Quote
I am finding it hard to actually get ahold of them tho.  Cry

Same was said with BitCoin at one point.
PoolMan
Newbie
*
Offline Offline

Activity: 27


View Profile
May 10, 2013, 12:09:15 AM
 #13

Litecoin, is the best choose.
More fast than btc, and for sur price will skyrocket.
Gox already confirmed they will add ltc soon.
https://mtgox.com/pdf/20130424_ddos_statement_and_faq.pdf
MiningUnited
Newbie
*
Offline Offline

Activity: 28


View Profile
May 10, 2013, 12:11:20 AM
 #14

Quote
Gox already confirmed they will add ltc soon.
https://mtgox.com/pdf/20130424_ddos_statement_and_faq.pdf

So to answer your question of: "should I buy LiteCoins right now?"

Yes.
PoolMan
Newbie
*
Offline Offline

Activity: 27


View Profile
May 10, 2013, 12:15:43 AM
 #15

guys do u really think btc will go to 1200 dollars before ltc fo to 32?

BTC about 120 dollars, ltc about 3.20 dollars.
PoolMan
Newbie
*
Offline Offline

Activity: 27


View Profile
May 10, 2013, 12:17:24 AM
 #16

LTC is asic proof, faster, cheaper.
It will enter soon on gox. BTC is already on gox.
MiningUnited
Newbie
*
Offline Offline

Activity: 28


View Profile
May 10, 2013, 12:20:37 AM
 #17

Quote
guys do u really think btc will go to 1200 dollars

I believe that we have seen all the big price moves in BitCoin for a while. The price will steadily move up or down from here. 1,200 might take a very long time to reach, if ever.
bbbblaine
Newbie
*
Offline Offline

Activity: 2


View Profile
May 10, 2013, 03:10:48 AM
 #18

I think I have decided on buying a small fortune of Litecoins from everything I've read so far... I have confidence in this currency and hate myself for not buying BTC several months ago when I was only 1 click away from doing so...

So now my question is:  Where is a trusted source for obtaining LTC?  Paypal would probably be my payment method, or credit card if it's accepted.
iPaulito
Full Member
***
Offline Offline

Activity: 150

1EDwkxCjCMGGNQqZdxa8FwheMHXSoQe4TU


View Profile
May 10, 2013, 03:43:38 AM
 #19

Nobody here will accept credit card or paypal because it is reversible.

Here is my problem I would like to buy around 500 LTC but for USD because I don´t have any cryptocurrency in that amount.
But I do not want to be using BTC-E after I have red some threads about them here I do not want to put any money there. Also I just do not believe Russians and very poor support as I have read multiple times (no offense to Russians but lots of Russians are scammers.)

Do you think that jump in LTC price will be right after adding them on Mt.gox? I would buy them there but I am afraid about LTC jumping to 5-6 after added to Mt.gox and that is too high and also from $3 to $30 it is 10 fold and from 6 to 30 it is just 5 fold so huge difference...

What is the best way to get from USD to LTC?
Thanks
pwi
Member
**
Offline Offline

Activity: 118


View Profile
May 10, 2013, 03:44:47 AM
 #20

Mt Gox will not add LTC (light coin for at least awhile)

I think it may crash some it also has alot of coins and inflation coming total 82,000,000 ever Lightcoins to 21,000,000 BTC
Consider some MNC at mcxnow.com it will only ever have 10,000,000

my 2 cents:  Smiley

Save 10% off your BTC orders for life: https://CampBX.com/register.php?r=BGD3NFJqhE9 on the American exchange. Gox is also down alot too.


I love the idea of trading on CBX anyway.  Using multiple platforms allows the trader to vary her position and avoid outages associated with any single marketplace.  Lower volume, open depth chart, and ease of dwolla integration make CBX ideal for newbies IMO.  PWI.

Buy my PS3 https://bitcointalk.org/index.php?topic=216554.msg2282760#msg2282760

Sign up with campbx:  https://campbx.com/main.php?r=3lo7dSqrLOu Yes it's an affiliate link, but you will not see me touting anything I do not both believe in and make extensive use of myself. Campbx is one of those things.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!