whats up with LTC?

[bitcoinmasterlord]

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.

Yes this is the oldest coin, but investors are not showing interest on this coin why I don't know. Maybe they are concentrating on the only BTC because it is giving them a good profit on a daily basis. And LTC miners also increased, so we don't have coins shortage in the market that is why the price is not increasing.

[xbiv2]

$7.5 target price.

[Red-Apple]

Why didnt LTC follow the btc rally up?
What do you think will it take LTC to rise?

what you see is a very stable LTC price but that price is in USD! go take a look at the LTC-USD charts and come back, you will see what i mean.

for some reason some altcoins follow the USD value instead of BTC value more. possible because they are being traded more in fiat just like how bitcoin is traded with fiat. like a stand alone crypto currency.

this means LTC has actually been pretty strong. and since bitcoin rally seemingly has stopped, or at least slowed down significantly, you can expect a good rise from Litecoin very soon.

[Script]

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.

Yes this is the oldest coin, but investors are not showing interest on this coin why I don't know. Maybe they are concentrating on the only BTC because it is giving them a good profit on a daily basis. And LTC miners also increased, so we don't have coins shortage in the market that is why the price is not increasing.

Patience, even in bitcoinland we need to be patience, altcoins will rise again, enjoy current low prices to fill your bags, next altcoin wave is coming.

[robeth]

Probably because the BTC value that always goes up so litcoin is always set aside but both always related..

[Dikobit]

i honestly tought we could see a 60-70$ ltc by now after the aug 1, but it's tanking

[Lhiedek05]

it seems the litecoin are dump by this moment and by now its price is really cheap... {BTW i dont go formal schooling about trading] also it never come up with the increase in price of btc which litecoin is one of the oldest alt. but as i see these pioneer coins have its backstory and big whales on it... if you hold some LTC just give it a time... I assure that this will pump again...

[Anonaneadone]

Now that the bitcoin is pamping the value of ltc is going to die soon

[clickerz]

I think LTC is hibernating right now and preparing for another momentum. THe devs is I think focusing on improving the system and even incubating some projects.Hope to hear some  good updates soon.

[Sync485]

if i catch litecoin under 0.01 i will buy it with my everything. it will rise definently after bitcoin settle. i will be gone for vacation and before i go i will sell all other coins i have and going to buy litecoin.

[Intensity]

Since the price is pretty stable and the transaction fee to send is so low, it's the best coin to buy from coinbase and move it to an exchange to trade with.

[itsonlikedonkeykong]

Will DGB follow LTC when it finally breaks free? WHo likes this 1% of btc action?

[Bowly88]

Why didnt LTC follow the btc rally up?
What do you think will it take LTC to rise?

I don't know, maybe ltc do not have that much holders thats why their value was stuck in the same price. But they are the third most successful coins in this industry. I think they cannot surpass the bitcoin community they are so huge but I know that they can rise up their value if we will just continue ro buy or to hold some of our LTC. The more buyers of LTC the higher the price it  will be.

[aoluain]

There are a few Litecoin threads surfacing here now
people are wondering quite rightly what is going on with it

Here is what I can add to the conversation and what I've
posted in another thread.

Everyone knows that Litecoin is seriously undervalued
Currently its quite stable which is good as an acceptable currency
not good from a speculators point of view but if you want mass
acceptance commercially you need a degree of stability.

While it may not be rising quite as fast as people would like its
not falling in price either !!! that is also important.

I also look forward to more acceptance of it in the future.

Bitcoin lately has pushed over $4000 dollars and there is
another considerable player in the market Bitcoin-Cash
this coupled with the alt. ICO's constantly coming on stream
it increasingly hard to compete

BUT

the main thing Litecoin hasnt fallen massively in value!!!

[Rinaze]

Another way of looking at LTC being stable might just be the case that it's still not as widely used or rather tested as BTC. Imagine the same traffic and numbers of congestion, can LTC still hold up?

Anyway, it doesn't seems like LTC is the only one not following BTC rally this couple of weeks. Monero, Zcash and ETC (or even ETH in my opinion) all seems to be the case. This is exactly why BTC will influence the market to a certain extend but definitely not entirely the reason for another coin's up and down.

[xuan87]

If last time BTC failed then eth and litecoin will rise, but because Bitcoin is doing fine then litecoin is abandon again, LTC has been around for so long but there are never great event happening to it, so there are no big rising for LTC, I think LTC will stuck like this for long term, not many people want to invest in ltc

[European Central Bank]

another three year coma on the cards?

a couple of months ago its prospects were looking very bright. now it's kind of swamped by all the developments from the various bitcoins now and future.

[Mike8]

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.

I followed those advises in a hope to secure some funds and even earn a couple of bucks.
It was quite a mistake and now I don't know what to do. I kept holding with the hope it will recover and I am close to the point I have to sell no matter what 

[criz2fer]

I think Litecoin are more corrected now. I also looking forward for the pump after the bitcoin shows a stable market.

[speakoo]

Why didnt LTC follow the btc rally up?
What do you think will it take LTC to rise?

No, I don't think so . A simple clone of BTC, nothing new,plan nothing to develop,  it even couldn't compare with the latest good icos.