highperspective (OP)
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December 12, 2017, 05:35:43 PM |
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Why do you think Litecoin is rising so much. I heard someone talking on a podcast yesterday suggesting that Litecoin has a perfect story for being the 'new' thing that people think they can still catch on the way up, and that it will follow BTC's footsteps.
What is your opinion on Litecoin?
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thycrypto
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December 12, 2017, 05:44:38 PM |
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Pretty sure Litecoin is going crazy because of how many more new people got involved in crypto. Since BTC hit all-time highs last week (18k) a lot more people found out about it. They all searched and looked up BTC and while doing that they found coinbase to trade BTC. On coinbase, there is also litecoin and it was the cheapest so a lot of people bought it and that drove the price up.
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GrabmeSomething
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December 12, 2017, 05:47:37 PM |
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it's a hype that's occur the same when bitcoin at @1k and ltc @100 or something. Long story short ltc price go down to 4$ and the rest become history.
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Raul Lopez
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December 12, 2017, 05:50:02 PM |
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Do you think that it will go up for some days more or not?
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■ ■ ■ ■ ■ ■ ■ Find the best price of any book. Book finder and recommendator ■ ■ ■ ■ ■ ■ ■ Libreris |
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JoyofCrypto
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December 12, 2017, 05:53:15 PM |
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It's going crazy because there's a ton of new people who are joining crypto space and seem to find buying 1 bitcoin out of their reach so they just opt for the cheaper variant being Litecoin. Non the less it's a great coin and deserves all the attention that it's getting lately.
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CryptoBeefy
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December 12, 2017, 05:53:34 PM |
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Interesting movements here! Could be a number of reasons but we saw LTC take off before crashing 90% so be careful if investing!
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blozo
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December 12, 2017, 05:55:26 PM |
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I guess new users in Coinbase/GDAX are buying it since is the cheapest one between BTC and ETH  It will probably correct soon |
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NeuroticFish
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December 12, 2017, 05:58:20 PM |
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It is crazy, but it's only a recovery. In July it was over 0.0202 BTC. After months of being dumped, now it has grown back to 0.0195 BTC. I was soo confident about Litecoin in July. I'm not anymore. I'll wait for Monero to get to 0.033 BTC. If BTC will also stay this big, then I'll do my happy dance  |
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rayk
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December 12, 2017, 06:06:26 PM |
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I think that is about hype since there is no news. Bitcoin and litecoin are friend coins so that is hype of btc
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radeone
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December 12, 2017, 06:10:31 PM |
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gdax and okcoin are going crazy over it and now ether is over $600 in some places.
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firstvava
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December 12, 2017, 06:12:10 PM |
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The price of the litecoin has not changed for a long time. The price has been 3 times more recently, and the market has become irrational.
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tsutiy
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December 12, 2017, 06:12:31 PM |
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It is something weird what's going on with all crypto currencies the last days. more than $400 for litecoin.. who could have expected?
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KingScorpio
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December 12, 2017, 06:13:30 PM |
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Why do you think Litecoin is rising so much. I heard someone talking on a podcast yesterday suggesting that Litecoin has a perfect story for being the 'new' thing that people think they can still catch on the way up, and that it will follow BTC's footsteps.
What is your opinion on Litecoin?
people owning bitcoin migrating to litcoin because they are afraid of their bitcoins? |
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t3hpwnographer
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December 12, 2017, 06:16:37 PM |
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Bitcoin is the general populace's introduction to crypto, then when they delve slightly beneath the surface they discover Litecoin and Ethereum. I think there's a good chance they follow in BTC's footsteps somewhat, though probably to a lesser degree.
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shirackjs
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December 12, 2017, 06:18:02 PM |
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Heard about the founder Charlie tweet about some good news. It is time for LTC to go through some pump.
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pedrog
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December 12, 2017, 06:18:58 PM |
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I guess new users in Coinbase/GDAX are buying it since is the cheapest one between BTC and ETH It will probably correct soon This also explains why GDAX/Coinbase lead the price and the difference in price between GDAX and other exchanges. Ethereum will pump next. |
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Luke1706
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December 12, 2017, 06:23:32 PM |
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Lord casanova
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December 12, 2017, 06:29:34 PM |
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every analyst was predicting this rise in the prices. LTC are now trading for 310$ few days ago it was trading for 70$. I am now waiting for the dip in the prices then I will buy ltc
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BlomBaster
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December 12, 2017, 06:38:08 PM |
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People transfer funds from bitcoin to other coins, Litecoin is a good option for them. I think this is one of the reasons.
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GuiDonK
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December 12, 2017, 06:57:41 PM |
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"atomic swap" is the reason for this high price. Atomic swaps is the exchange of one cryptocurrency to another cryptocurrency, without the need to trust a third-party. It's the future!
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