Markus11 (OP)
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August 16, 2017, 10:38:34 AM |
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Why didnt LTC follow the btc rally up? What do you think will it take LTC to rise?
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Kema
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August 16, 2017, 10:44:44 AM |
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I don't have any formal education as a trader but I agree, it's been stuck for a while now. Could be a rally is imminent? It would be interesting to hear from people more experienced in this.
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sujonali1819
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August 16, 2017, 10:50:02 AM |
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Actually very rear alt coin follow the btc trend.now btc is rising rapidlly.all the traders just follow the btc .they sell all other coin and buy btc.
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tiggytomb
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August 16, 2017, 10:52:22 AM |
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Litecoin seems to be the forgotten son, does it's own thing as and when it wants to. Give it time and I am sure we will see it catching up although I did expect a lot more from litecoin after it got lightening.
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Intensity
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August 16, 2017, 10:55:44 AM |
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Seems like Litecoin turned into the stable coin for those that do not like market spikes.
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9000
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August 16, 2017, 10:59:49 AM |
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Why didnt LTC follow the btc rally up? What do you think will it take LTC to rise?
It's always like this, litecoin never immediately follows bitcoin, it takes some time to take off. Usually litecoin price is very stable, even when there's volatility in bitcoin's price, now it's bleeding a bit but I wouldn'y worry much, altcoin season will come again soon.
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unixguy
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August 16, 2017, 11:00:31 AM |
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LTC seems to be rock solid. TBH some coin like LTC is required in crypto world which is very volatile market. UP and down are part of everything.
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olliejjc16
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August 16, 2017, 11:02:10 AM |
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Now that bitcoin will have segwit implemented soon Litecoin will lose one of its main defining features v Bitcoin which will probably lead to a price drop short term.
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alyssa85
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August 16, 2017, 11:19:29 AM |
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I'm not sure what the point of litecoin is. BTC has segwit and BCH has big blocks, and if you want super low fees and quick confirmations, there is always Doge.
I think the only reason litecoin has survived is that the Chinese exchanges feature it as one of the few alts on their exchanges.
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Markus11 (OP)
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August 16, 2017, 11:21:55 AM |
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so will LTC die?
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BlockMason
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August 16, 2017, 11:35:34 AM |
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LTC went up when BTC was having trouble. So when BTC solved it's problems LTC was thrown to the sidelines again.
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Rozita
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August 16, 2017, 11:43:36 AM |
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I think now people want only bitcoin. This is why bitcoin price has risen very much. Soon bitcoin price will become stable and lots of people will invest in altcoins. That time Litecoin will be one of most attractive coins for investors and it will cause the price to increase.
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aoluain
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August 16, 2017, 11:52:10 AM |
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so will LTC die?
The attention for sure at the moment is on Bitcoin Litecoin is here to stay, dont panic its value will be sorted in due course [whenever that is?] ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I hope you all have read the 128 page thread on the demise of Litecoin? is in its 4th year of comments > https://bitcointalk.org/index.php?topic=658541.2540Dont panic
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herurist
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August 16, 2017, 11:55:46 AM |
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Why didnt LTC follow the btc rally up? What do you think will it take LTC to rise?
Bitcoin mother of coins, all coin will follow it but of course, also depend on their supply and demand. Coins have the same pattern, up and down depending on their trend and also trader/ investor transactions. Actually, we never know when and how exactly coin will up or down. As an investor or trader, we only predict and prepare to deal with the risk. For me, ltc has low supply, demand, and also news speculation. That's why ltc not good as an investment/ trading ( my opinion ). Hope you'll find another answer and have a nice day.
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HTracer
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August 16, 2017, 12:19:34 PM |
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For those who don't like volatility welcome to buy lightcoin and enjoy watching price stability show.
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dimonstration
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August 16, 2017, 12:24:23 PM |
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so will LTC die?
Not so really we dont know for what can happen we didnt know how LTC would be how about if LTC are quite doing some so we should wait for what can happen next LTC believe in it maybe it has some plan just thinking some positive.
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YS84
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August 16, 2017, 12:30:59 PM |
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Why didnt LTC follow the btc rally up? What do you think will it take LTC to rise?
It's always like this, litecoin never immediately follows bitcoin, it takes some time to take off. Usually litecoin price is very stable, even when there's volatility in bitcoin's price, now it's bleeding a bit but I wouldn'y worry much, altcoin season will come again soon. That’s right, normally when bitcoin get high, altcoin will crash. Because people sell altcoin to buy bitcoin. This also has happened to LTC. I think we have to wait sometimes to see LTC again increase prices.
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Maheshkumar_Hrangkhawl
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August 16, 2017, 12:33:10 PM |
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A lot of people advised me to purchase Litecoin before the August 1 apocalypse. But I am glad that I ignored their advice. Still don't know why people are not showing any interest in Litecoin. It is one of the oldest and most well established altcoins around.
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conspirosphere.tk
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August 16, 2017, 12:34:30 PM Last edit: August 16, 2017, 01:54:18 PM by conspirosphere.tk |
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Looking at the daily chart if the 0,01 BTC/LTC bottom holds then the way is up and upper, but if it doesn't I don't see any significant support until 0,004ish. Personally yesterday I bought some.
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