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Author Topic: LTC falling since August 2nd. Why?  (Read 2059 times)
sweetbet
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August 08, 2017, 09:30:17 AM
 #1

Litecoin is meant to be one of the top alt coins out there, but it has been steadily falling since August 2nd. What's going on with this coin, and when do you expect it to start climbing back up?

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August 08, 2017, 09:25:06 PM
 #2

It will be up soon, September, first week....  Kiss

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August 08, 2017, 09:31:30 PM
 #3

Litecoin is meant to be one of the top alt coins out there, but it has been steadily falling since August 2nd. What's going on with this coin, and when do you expect it to start climbing back up?
To me this seems more like the natural movements of a coin, it may be possible that investors think that bitcoin and bitcoin cash offers better opportunities to profit at the moment and they are exchanging their holdings of litecoin for holdings of those two coins with the hopes of making money that way.
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August 08, 2017, 09:34:45 PM
 #4

when you see coin down and others coin is up, but when you check the dev and community still actively communicating you should buy it without any doubt, it will mooning in one week,
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August 09, 2017, 02:22:45 AM
 #5

Why do you look dizzy with the fall of LTC prices?
I think this is the right time to buy it cheaply.
LTC is a coin that has a strong community. Relax and take your profit in next month.  Cheesy
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August 09, 2017, 02:42:27 AM
 #6

Litecoin is meant to be one of the top alt coins out there, but it has been steadily falling since August 2nd. What's going on with this coin, and when do you expect it to start climbing back up?

It's actually keeping and even little increasing USD value in past days.
Nearly $50 is not so bad. Especially for a coin with close to zero use cases.
I don't see why it should rise.

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August 09, 2017, 03:13:06 AM
 #7

LTC mooned mostly because of Segwit. Now Bitcoin has segwit too and Litecoin is not as attractive as before. At least for now.

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August 09, 2017, 04:32:38 AM
 #8

Annnddd it's on it's way back up Smiley it's just the Ebb and flow if you ask me

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August 09, 2017, 05:24:40 AM
 #9

I think in part because the price of BTC has risen so high in the last few days that it makes the LTC fall off very fast and hard to recover, investors have sold altcoin in exchange for BTC, so not only LTC decreases all altcoin is reduced






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August 09, 2017, 05:27:12 AM
 #10

Currently LTC prices are starting to increase again, and i am optimistic LTC will continue to increase and can compete with some other big coin in the crypto market.
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August 09, 2017, 05:30:24 AM
 #11

 because Bitcoin was better  at that time
zokora
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August 09, 2017, 11:03:14 AM
 #12

Litecoin had segwit, that's why price increased. Now Bitcoin is having a segwit, no one need Litecoin anymore. They have to do something new.
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August 09, 2017, 11:07:40 AM
 #13

Litecoin is meant to be one of the top alt coins out there, but it has been steadily falling since August 2nd. What's going on with this coin, and when do you expect it to start climbing back up?

You should take advanadvantage of the price dip to buy more coins. Vitality is part and parcel of crypto trading and investment. The price is never static and it will happen  that the price could move steeply in any direction. Litecoin has a good project, it will rebound.
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August 09, 2017, 11:35:18 AM
 #14

I did not see any falling value of LTC. BTC-LTC, definitely yes... but as per USD - LTC, the price is ridicously stable. Market price is 46-50$ as of the moment.


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Red-Apple
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August 09, 2017, 11:57:10 AM
 #15

it has been steadily falling since August 2nd.

what you say does not match what the charts show:




unless you are just looking at the LTC/BTC market and in that case i have to say the drop wasn't as big, and it is more like a small change to match the USD value since LTC is mostly being traded with fiat like bitcoin does.

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August 09, 2017, 02:36:00 PM
 #16

Litecoin is a great project and I expect it to rise at some point. Just keep holding.
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August 09, 2017, 02:36:49 PM
 #17

A lot of coins are falling now. Bitcoin is stronger than ever and people trade their altcoins for Bitcoins, which will pump Bitcoin even more.

Passion.
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August 09, 2017, 02:40:19 PM
 #18

Litecoin is very undervalued and the developer really need to injection alot of fund to it before we would see significant price up movement. Many traders has seen good Light on this project just that the coin refuse to move and remain neutral. Though since yesterday there is a push from $43 to around $49 this morning.  I Think now is the best time to buy and hold for long term.
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August 09, 2017, 03:13:54 PM
 #19

After the successful implementation of Segwit in BTC, LTC loses one of its core advantages but still these days it was riding well with the growth of BTC

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August 09, 2017, 03:20:46 PM
 #20

Yes, it has been going down, but seems it is beginning to go up again. As some say, it is due to BTC raising at a higher pace, plus many people probably sold their LTC for BTC to get BCC/BCH along with their BTC. Now that that is over and BTC will probably stabilize or go down, LTC is likely to go up.

I am holding mine at least.

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