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Author Topic: LTC falling since August 2nd. Why?  (Read 2121 times)
sam53
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August 09, 2017, 03:58:17 PM
 #21

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?
Not only Litecoin is altcoin falldown, you can see most altcoin on market also falldown after the price of Bitcoin breakout resistance line at $3000 and pump to high price. But I have checked again the rate USD/LTC not have more change, still high than in past time Smiley
jikurpa
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August 09, 2017, 05:53:19 PM
 #22

Because starting next few days is a good time to buy back litecoin. Decrease or increase is common in exchange rates. Whatever happens, having litecoin is a way to get profit in trading.
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August 09, 2017, 07:09:13 PM
 #23

No news = steady falling. Seen this happen before.
aeternus
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August 10, 2017, 09:24:38 PM
 #24

Why do you feel dizzy with the collapse of the LTC price?
I think this is the right time to buy it cheap.
I believe LTC will return stronger at the end of the month
There are those that have bigger investments in Litecoin than in Bitcoin because they think  it can pump harder so maybe he is nervous because LTC has lost some value against bitcoin, but I think this is only natural, right now the hottest investment is bitcoin with all the talk there was about the fork and things like that, but eventually LTC is going to go up once again after things calm down.
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August 10, 2017, 11:38:54 PM
 #25

This is normally expected in trading. As people see the price reducing, the fear and start dumping their coins. The same happens when the price starts to go up, as the price begin to increase, investors start buying in hope that the price will get to a higher point that they can't buy so they need to buy making the price keep rising as more investors buy the coin and hold.
If the early investors start dumping then the reverse occurs so it's just an interesting something.
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August 11, 2017, 01:56:13 AM
 #26

Speculativ prices doesnt matter
LTC is the best crypto money now.

LTC = Secure - fast - stable cheap - transfer fee + Has a great wallet

BTC = Secure - Slow - Stable - Expensive transfer fees

BTG KING
NJB18
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August 11, 2017, 02:28:58 AM
 #27

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?

LTC badly needs a good restructuring, new approach, new marketing. I admire this coin and I also trust it. But it has been overtaken by so many new shitcoins that it is almost set aside as useless. But it has a name already. LTC is trusted by many people. I think this will climb back for sure.
mace15
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August 11, 2017, 02:48:00 AM
 #28

No news = steady falling. Seen this happen before.
Ltc will rose its price for sure actually this is the normal fluctuation of LTC in the exchange. As I can observe still many investors has a trust on this coin and still it is on the top cryptocurrency. So, I believe it will increase the value.
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August 11, 2017, 04:07:52 AM
 #29

Very difficult to predict Litecoin.I think this coin growth is very slow.There are no changed LTC.I hold some LTC few months ago but profit is big zero.Finally I should attempt to sell all my LTC.
Golftech
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August 11, 2017, 05:06:40 AM
 #30

No news = steady falling. Seen this happen before.
Ltc will rose its price for sure actually this is the normal fluctuation of LTC in the exchange. As I can observe still many investors has a trust on this coin and still it is on the top cryptocurrency. So, I believe it will increase the value.
if you in the long term hold ltc can be a good choice for investment, just keep buying littl by little then store it inside your wallet never to attempt
selling it until it reach the value of your desired almost everything inside crypto are for a long term goal especially those who got good support
from big investors.
Westfiled
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August 11, 2017, 07:13:11 AM
 #31

Very difficult to predict Litecoin.I think this coin growth is very slow.There are no changed LTC.I hold some LTC few months ago but profit is big zero.Finally I should attempt to sell all my LTC.
you have ,ade the best move by sold all of your litecoin, there is not a lot of people interested to buy it again. bitcoin segwit already locked in. that means they don't need the litecoin as another pay to make the fast transaction.

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August 11, 2017, 08:11:04 AM
 #32

As I can observe there are still many investors who have a belief in this currency and still it is on top cryptocurrency. LTC will surely increase the price back to the real this is the normal fluctuation of LTC in exchange.
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August 11, 2017, 08:12:19 AM
 #33

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.
I believe litecoin developer decided to focus on the currency and make some improvements, so we'll se the price going up after some time. And I don't think we can say the price is falling, because there are minor changes. I'd say it's just stable around $50. I bought ltc for $20, so I don't regret anyway.
Speculativ prices doesnt matter
LTC is the best crypto money now.

LTC = Secure - fast - stable cheap - transfer fee + Has a great wallet

BTC = Secure - Slow - Stable - Expensive transfer fees
I think it doesn't work like this, because look at dogecoin's ridiculous price, although:
DOGE=Secure-fast-cheap transactions + big community of users.

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PedroLinh
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August 12, 2017, 12:51:48 AM
 #34

This is the best time to buy LTC.
dennyd999
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August 12, 2017, 01:50:45 AM
 #35

So as Charlie Lee sad..

Because Litecoin is silver to Bitcoin Gold. And he will never change it.
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August 12, 2017, 02:36:54 AM
 #36

So as Charlie Lee sad..

Because Litecoin is silver to Bitcoin Gold. And he will never change it.

Yeah. And when market realizes this fact, LTC will have its deserve price.

Hope you guys hodl your LTC to that time.

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August 12, 2017, 03:45:00 AM
 #37

Lots of people sold their LTC to get in on btc with the fork. If this is true the price will go up .

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August 12, 2017, 05:26:18 AM
 #38

So as Charlie Lee sad..

Because Litecoin is silver to Bitcoin Gold. And he will never change it.

Yeah. And when market realizes this fact, LTC will have its deserve price.

Hope you guys hodl your LTC to that time.
The reason make Litecoin falldown at now just by the scenario of whales want dip price all altcoin top 10 or very potential, you can see top 10 altcoin in May and June are drop down to lowest price, even base price before pumped in May, as Factom.

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August 12, 2017, 06:15:26 AM
 #39

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

What will happen in September to LTC?

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August 13, 2017, 04:35:02 PM
 #40

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

What will happen in September to LTC?
Nothing new is going to happen in September to LTC. They are going to dump badly in my opinion.
I don’t get it why people are investing into LTC when a coin like bitcoin is available and is pumping continuously. Just leave these altcoins and start investing into something that is worth investing.
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