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Author Topic: Litecoin  (Read 632 times)
Stingray1970 (OP)
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December 11, 2017, 05:54:37 PM
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What's going on with Litecoin. Is this just a pump and dump kinda thing like we've seen before ?
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December 11, 2017, 05:56:54 PM
 #2

What's going on with Litecoin. Is this just a pump and dump kinda thing like we've seen before ?

Id say its more a case of litecoin getting the value it deserves. Its always trailed behind bitcoin but the last few months the price became decoupled. It may dump down again but im more inclined to think its just catching up to where it should be.

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December 11, 2017, 06:09:38 PM
 #3

It seems to be going up very strongly these past few days. I initially thought that it would definitely fall back but it seems to be going strong for now. I'm thinking of buying some for myself, if the strong trend continues.

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December 11, 2017, 06:10:58 PM
 #4

I think it is going to hit $200 today and dip back to around $160 and stabelize...

Litecoin has fast confirmations and good team behind it.

By the end of 2018 i expect it to be at $500, good for long term investing.
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December 11, 2017, 06:23:40 PM
 #5

litecoin the silver version of bitcoin, growing stable in this year even if have some price droping but its never go down like deep dip or something, i nice long term invesment though.
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December 11, 2017, 06:24:23 PM
 #6

Steam man. They are now accepting only LTC, not BTC anymore (cause btc is slow). That's why the price is rising to the moon.
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December 11, 2017, 06:25:05 PM
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it helped today that charlie was on cnbc.. he did a good job and as i watched it, ltc kept on pumping.. I originally bought ltc at $5, but sold at $50 because I thought it topped out, congrats to all the longs the held on this far.
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December 11, 2017, 06:26:34 PM
 #8

Steemit is accept ltc?
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December 11, 2017, 06:43:49 PM
 #9

I suppose that according to the fees at BTC network LTC will be used by many people to make transactions. It's much cheaper now to send crypto via LTC.

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December 11, 2017, 06:57:33 PM
 #10

Litecoin will rise much in 2018. Litecoin is a good alternative for everyone. I will buy some Litecoin and I will wait  Smiley

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December 11, 2017, 08:29:54 PM
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LTC has much faster in transactions than BTC. Also great community behind. It will rise more and more in 2018! Wink
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December 11, 2017, 08:36:24 PM
 #12

I'd take NEM before Litecoin if you're focused on tech. The reason NEM doesn't get attention is because mining groups decide which coins get hyped.. big money controls the game and NEM doesn't get mined in the traditional sense.  Have they done any work on scalability of any of these cryptos in the last 6 months or are they just pumping out generic garbage based on this and that to take advantage of the hype? By they, I mean new altcoins and ICOs?

Scalability, security, low blockchain size, and low power consumption combined with be the future coin.  NEM takes care of low power consumption and perhaps scalability, though there are other scalable blockchain solutions. PascalCoin takes care of blockchain size because of the user account system.. the actual coins are stored in user made accounts which allows the transactions data to be trimmed after a certain time, keeping the blockchain size around 6GB or so. It's also highly private because the paper trail gets erased at the same time.  Once the transaction is confirmed, the data can be erased because the account holds the funds. Since corporations and governments want traceability, this probably won't be widely adopted, but it can be adjusted to keep a transaction history of say 12-24 months or whatever.

Once we can hit visa levels of scalability combining all these attributes we'll have a good crypto currency.   Certainly bitcoin is not the answer, with 14 dollar transaction fees. Any idiot could tell you this. It might be the gold of cryptos but it's not the tech people will be using to pay for pizza in 10 years.

Also, proof of work is NOT the future of the blockchain. The big money mining operations and people that want to cash in from using CPUs and GPUs to get free coins to hash mathematical equations and consuming mass amounts of power are eventually going to have to step aside... in the meantime they can enjoy their day in the sun as the tech continues to evolve.
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December 11, 2017, 09:00:44 PM
 #13

At present, litecoin is amazing, because few weeks ago it's price was very small but now litecoin price is $190+ Shocked
Stingray1970 (OP)
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December 12, 2017, 08:31:18 AM
 #14

I originally bought at € 49 and sold again at  € 77 thinking that it was at its max. Just after I sold it went to €190 now.  Roll Eyes
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December 12, 2017, 08:36:35 AM
 #15

Steam man. They are now accepting only LTC, not BTC anymore (cause btc is slow). That's why the price is rising to the moon.

do you mean steam platform? like in dota2? thats cool if they did accepts ltc instead of btc because btc is kinda slow and pretty costy in such transactions. i didnt play for a month or two now  , thats why im not updated anymore on the current happenings on steam network. but still thats  a good news to hear and probably id be interested playing back in game now  because i could now easily purchase steam gift cards to buy a game and in game items.
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December 12, 2017, 08:36:49 AM
 #16

LTC will be fine long Charlie stops talking lol
if you ever see his tweet on mainstream tv news, let us know, that will be time to sell lol
The Queen now wake up after long sleep...

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December 12, 2017, 08:37:02 AM
 #17

Its good to see Charlie Lee is finally pumping LTC. I bought a few at $30.. Its still a shitcoin. I am happy its pumping my portfolio.
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December 12, 2017, 08:39:17 AM
 #18

Litecoin is now very much fluctuating. He goes to the growth, and then falls to 20% on a weekly basis. You can try this to win, or lose, if you choose not the right time.

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December 12, 2017, 08:40:07 AM
 #19

Many alts growing now
It's normal)
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December 12, 2017, 09:22:05 AM
 #20

The biggest reason for the increase is btc slowing down on the bitfinex. Thousands of people await the btc tradition for 72+ hours, some think that they will not give BitFinex's bitcoins to their owners by creating conspiracy theories
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