Why litecoin is going up so high?

[suvo05]

Usually litecoin is lot more stable than any other coins. But in couple of days LTC has grown dramatically too high. What could be the possible reason behind it? Is it too high to invest in LTC now ?

[rasho321]

well i think its because bitcoin went from 3k to 19k in like 3 months or less and so it got a lot of peoples attention. and now all the new people getting into crypto are going for litecoin cause its cheaper, better and obviously under priced.

[cryptohunter]

used to be higher in relation to btc so could go higher...

what does btc do better than ltc?

Perhaps it should be 0.25 after all.

[Imfinnabeon]

If I had to guess I would say from the two hundred billion plus dollars that have entered the market in the past month or two some of them have decided to go into alts. I think that is why we are seeing green in alts the past few days and it is a nice change of pace I must say. Don't take it for granted though it can leave just as quick so make your plays now imo. I think the next big alt rush will be in spring of next year but man if it came now that would be even better .

[investerS]

then is it time to start investing in litecoins too?

[Xodor]

LTC goes up because the LTC has Charlie and he knows how to develop the project. I think LTC will have a bright future next year if in general the market is positive

[Mi5h0]

It's just a pump and dump. nothing special

Yeah, newbie. Do you speak from your 'exhaustive' experience?

You also wrote this a few minutes ago?

It deserves the price it is now at. It got stuck at $60 for so long.

Damn spammers ...

[kahc]

There are several factors, one of them being people are fed up with BTC and ETH.
So they look for alternative ways to send and receive transactions timely and to a reasonable price.

[ErjayR15]

LTC is going up because many partnerships and starting marketing. I think that Ltc will go down to 230-250$ and then up to higher

[huilo]

It is said that Charlie Lee invested in marketing))))
But to be honest, always when Bitcoin grows and stays oh high positions, then the LTC coin grows with it. After all, for Charlie Lee production of mining equipment

[APICEMTECH]

Litecoin is considered what Silver is considered to Gold. With Bitcoin going upto almost 20000 USD now all the new people might be thinking that Litecoin is the next obvious thing. Maybe this is the reason for the rise of LTC.

[KingScorpio]

Usually litecoin is lot more stable than any other coins. But in couple of days LTC has grown dramatically too high. What could be the possible reason behind it? Is it too high to invest in LTC now ?

for the last time,

bitcoiners are migration towards ltc. thats the reasons,

because bitcoin is useless for transfers, and people stop believing in it, and its lower quality tech.

regards

[huilo]

Usually litecoin is lot more stable than any other coins. But in couple of days LTC has grown dramatically too high. What could be the possible reason behind it? Is it too high to invest in LTC now ?

Think today LTC rose to the level of a $ 420 on Coinbase, but in the summer I sold him for 40, and so much rejoiced - what a good deal spent. Rate of popular currencies very quickly. And increase current rates of LTC is just pump and bitcoin with this regular users invested in popularno cryptocurrencies, besides Bitcoin

[askmecrypto]

There are a lot many reasons for LTC Pump in the recent days, few to mention are as follows:
1. Implementation of Lightning Network is coming close
2. Lightning Network successfully tested on MainNet
3. New Marketing push on LTC
4. Charli Lee on CNBC
5. LTC is always considered as the silver of cryptocurrency
6. When people are unsure about BTC or ETH, LTC is the token they found refuge in.

Cheers!!

[gamer_2088]

I think litecoin can go on the correction. Charlie sheen warned of a possible price reduction.I think he could fall to $ 100.

[Lewis_Ham]

Even the Creator of this coin Mr. lee, posted a tweet that the price of litecoin now too high and it will fall. Well, I think the price greatly went up.

[woas4]

I think Bitcoin users are starting to flock towards Litecoin to transfer their funds without having to pay too many taxes. We have to see if this is going to continue in the long run or if everyone will return to BTC once it has its scaling solutions.

[dreamer81]

charlie also said that litecoin would reach 1200 USD next year. I believe he is right about that. it's only around 10% of bitcoin, and that is fair!
I'm hodling my litecoins tight!

[toastyhamster]

Errrrr, so tempted to dump LTC right now, if I hang on now and it drops I might be holding through the predicted "multi year bear market Charlie is predicting.

Only hold 2.8 coins! Big decisions! 

[huilo]

Usually litecoin is lot more stable than any other coins. But in couple of days LTC has grown dramatically too high. What could be the possible reason behind it? Is it too high to invest in LTC now ?

for the last time,

bitcoiners are migration towards ltc. thats the reasons,

because bitcoin is useless for transfers, and people stop believing in it, and its lower quality tech.

regards

Hi. Look, I think it is not so do not buy LTC because it is more convenient for transfer or development technologies. Cryptocurrency Litecoin is written in the same language of Solidity and so he is no better. Just among traders accepted that Litecoin is a well-established coin to fix the savings. Because LTC is not as volatile as BTC, and it is great to wait out the storm.