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Question: Litecoin will rise more?
Yes
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No idea

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Author Topic: Litecoin will rise more?  (Read 3431 times)
CryptoKing1992 (OP)
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April 29, 2018, 01:23:28 PM
 #1

Litecoin creator Charlie Lee sold all of his holdings in December last year.  He’s now regretful about his decision but thinks this was the right long-term move as he tried to make Litecoin a truly decentralized cryptocurrency.

Litecoin has lost more than half of its value since its peak times, but here are some indicators that this cryptocurrency is poised to reach new highs.

What is your idea?
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April 29, 2018, 01:28:42 PM
 #2

With Charlie out of it, there are very few core developers following it. Which would make it's further development lousy.
It doesn't have a huge community and userbase like bitcoin and has no proper team to lead any further. So, it just on its own.


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WalkerIVIV
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April 29, 2018, 01:42:54 PM
 #3

Litecoin creator Charlie Lee sold all of his holdings in December last year.  He’s now regretful about his decision but thinks this was the right long-term move as he tried to make Litecoin a truly decentralized cryptocurrency.

Litecoin has lost more than half of its value since its peak times, but here are some indicators that this cryptocurrency is poised to reach new highs.

What is your idea?
litecoin team has made a big mistake by spread the bullshit rumour to create hype to the litepay.us, and litecoin gets rekt right now.
Charlie has sold all of his holdings, and it doesn' matter. The only main reason people are not feeling convenience again with it (litepay story).

You can see that how official twitter of litecoin team created an apology for their mistake overhyped to the  litepay. 

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April 29, 2018, 02:00:16 PM
 #4

This was the right long-term move as he tried to make Litecoin a truly decentralized cryptocurrency.
It would become a real decentralized cryptocurrrency if some few core developers of it stops following litecoin, and sells of all of their coins but the price movements at that point would depend solely on community alone.
What is your idea?
I think litecoin itself can survive even without it's developers(since it is one of the coins that are good to use for settling transactions fast) and has coinbase supporting it(making it more visible to people since coinbase is a well known crypto broker). For this two reasons, I think LTC can rise more.
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April 29, 2018, 02:55:38 PM
 #5

I think yes. Litecoin is the best due to the scarcity of coins, I believe 84 million max. And Charlie Lee really is striving to make Litecoin one of the most valuable cryptos simply through usability/utility. Litepay is rolling out which will allow for widespread adoption of the crypto and they the "big" surprise for 2018.
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April 29, 2018, 03:22:35 PM
 #6

Just like a noob selling out on the first leg up. Tongue But seriously, he seems conflicted about whether it was a good thing or a bad thing. If he truly sold out to "avoid conflicts of interest" like he says, then it should have been the right decision.

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BogdanGFTP
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April 29, 2018, 03:23:10 PM
 #7

I think there will be the next wave of bull market in this two months and Litecoin will increase to
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April 29, 2018, 08:28:55 PM
 #8

Litecoin creator Charlie Lee sold all of his holdings in December last year.  He’s now regretful about his decision but thinks this was the right long-term move as he tried to make Litecoin a truly decentralized cryptocurrency.

Litecoin has lost more than half of its value since its peak times, but here are some indicators that this cryptocurrency is poised to reach new highs.

What is your idea?

Hi, i think litecoin has probably couple of good developers and its having steady growth;
You should pack litecoins in sample and hold for the long term as its going to be on a impressive rise in weeks to come.
don't miss out. Invest in Litecoin and Neo
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April 29, 2018, 08:33:59 PM
 #9

With or without the creator of Litecoin, there are few who are the best developer and the co team members who are continuing in it and as we can see litecoin is still performing on the top in coinmarketcap. I do believe at this moment, and we know that litecoin is performing few years ago and until now, this has a good future, this is just my idea based on the fact that its one of the top when it comes to trading volumes. Yes maybe this is a good for long term investments, litecoin also fork so that means we can fully rely on its capacity to stand for a long period of time in the market. Let us see how it goes and how far litecoin will perform in the trading volumes.
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April 29, 2018, 08:39:32 PM
 #10

It will rise and reach new heights, same as almost all other cryptos. The real question is - will it rise relatively (when compared to other cryptocurrencies)?
I really don't know the answer. Not more than a few other hot prospects, but probably somewhere in the middle. I see it as a relatively secure buy, but not so "fall on your ass" at the moment.

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April 29, 2018, 09:04:03 PM
 #11

If you look at LTC-BTC chart for last 12 months, the price has been fluctuating between 0.01 and 0.02 BTC. Everytime it grows above 0.02 BTC, the growth stops and when it dips to 0.01 it start increasing again. Right now it is 0.016 so I don't expect anything exceptional.
If we are talking about USD price of Litecoin, it depends greatly on bitcoin price so if you ask me if Litecoin will get back to 250 or even 300 dollars. Yes, I think it will, but we need to wait that Bitcoin rises again.

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April 29, 2018, 09:10:58 PM
 #12

They are so many newbies will be investing in LTC because it's in top 10. It might hit $1000 end of the year. We have to wait for BTC to rise up. It's the right time to buy some LTC right now !
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April 29, 2018, 09:13:09 PM
 #13

Yes, Litecoin will rise a lot more. The project is very promising and I have great future. I just bought more and suggest that you do the same.

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April 29, 2018, 10:39:12 PM
 #14

Litecoin creator Charlie Lee sold all of his holdings in December last year.  He’s now regretful about his decision but thinks this was the right long-term move as he tried to make Litecoin a truly decentralized cryptocurrency.

Litecoin has lost more than half of its value since its peak times, but here are some indicators that this cryptocurrency is poised to reach new highs.

What is your idea?
Litecoin is not a breakthrough project in the world of blockchain and is positioned as silver among cryptocurrencies. Those bugs that are fixed in comparison with Bitcoin, do not make it a bit higher. This is enough to go into growth after the market, but for something more he needs to jump above his head.

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April 29, 2018, 11:36:55 PM
 #15

Litecoin creator Charlie Lee sold all of his holdings in December last year.  He’s now regretful about his decision but thinks this was the right long-term move as he tried to make Litecoin a truly decentralized cryptocurrency.


LOL why he should be regretful? He sold at top. Right now he can buy double or triple of LTC back.   You posted chart right after you posted when he sold. so not really hard to see at what price eh sold and what is now.


Thing what bothers him is, that whatever he does some people dont like. But that's how it is in life.
 
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April 30, 2018, 09:26:14 AM
 #16

I don't trust Charlie Lee and his posts. It seems he's taking advantage his reputation, in order to sell high and buy at low prices.
The last four months he's done it too many times.
I still have faith to Litecoin and the potential it has, but I would like to see Charlie out of his coin.
Satoshi did the right thing letting BTC free to mature without his presence.
I hope it could be done once more whithout Lee's presence.
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April 30, 2018, 09:44:22 AM
 #17

It still has a strong support so I think it can still rise. I believe it is just fair that Charlie sold his holdings to make it more decentralized. It's probably a hard decision for him as he knew Litecoin will grow even more.
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April 30, 2018, 06:42:17 PM
 #18

Litecoin creator Charlie Lee sold all of his holdings in December last year.  He’s now regretful about his decision but thinks this was the right long-term move as he tried to make Litecoin a truly decentralized cryptocurrency.

Litecoin has lost more than half of its value since its peak times, but here are some indicators that this cryptocurrency is poised to reach new highs.

What is your idea?
It will rise but I think others would rise more sharply. So I suggest coins under $5 to be entrusted upon. These coins are PRG, ADA, MIOTA and XRP. I would advise to invest in these because your return would be much higher with these coins.
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April 30, 2018, 06:46:11 PM
 #19

I'm not massively bullish on litecoin because transfer fees aren't that cheap compared to ripple, nano etc and LN will eventually mean even BTC transfers are virtually free too

However for now its a testbed for BTC and its one of the few coins on coinbase and I think its price will rise in the coming bull market

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April 30, 2018, 06:48:01 PM
 #20

Litecoin as one of the oldest fork of bitcoin is very interesting. Interesting in terms of mining and in terms of trading. Last year, he gave his holders a tenfold increase in their capital, so I think that the Litecoin will continue to live
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