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Author Topic: Litecoin  (Read 1865 times)
Kinderachtig (OP)
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November 27, 2013, 05:07:27 PM
 #1

Buy now? or wait till it drops?

it was 14 usd sunday not it has reached 28 usd, it has been rising all day?
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pontiacg5
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November 27, 2013, 05:09:12 PM
 #2

You should have already had them by now. Now you have to gamble  Undecided

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November 27, 2013, 05:18:47 PM
 #3

Buy now? or wait till it drops?

it was 14 usd sunday not it has reached 28 usd, it has been rising all day?

You should have hopped on when they were 60 cents each  Wink
damosneeze
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November 27, 2013, 05:20:24 PM
 #4

i would have bought at less than $4. but my intl wire is not going through on btc-e.com. i'm pissed.
Kinderachtig (OP)
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November 27, 2013, 05:23:44 PM
 #5

For some citizens it is really hard to purchase bitcoins or litecoins

For example i live in Turkey and it is almost impossible to instant purchase even if you have the money

Wire transfers take long and high fees

Sad
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November 27, 2013, 05:56:17 PM
 #6

The price of LTC revolves around BTC, not circulation like BTC. It won't drop anytime soon unless BTC crashes hard. LTC/USD has increased but not LTC/BTC because its not based around circulation like BTC. LTC and BTC are worth something because of two totally different reasons. So if you're a player in the litecoin game, you have to watch the BTC game.
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November 27, 2013, 06:01:50 PM
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The price of LTC revolves around BTC, not circulation like BTC. It won't drop anytime soon unless BTC crashes hard. LTC/USD has increased but not LTC/BTC because its not based around circulation like BTC. LTC and BTC are worth something because of two totally different reasons. So if you're a player in the litecoin game, you have to watch the BTC game.

There is some truth to this, but at this nascent point in the cryptocurrency biz, much of it is based on speculation. a lot of the litecoin craze of late is because of the Senate hearing on BTC and the Wall Street Journal article that mentions LTC.

But you are probably right in that if BTC crashes, LTC will probably go with it to a certain degree.
PenAndPaper
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November 27, 2013, 06:02:02 PM
 #8

LTC/USD has increased but not LTC/BTC because its not based around circulation like BTC.

Actually LTC/BTC ratio doubled. Check the charts again  Roll Eyes
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November 27, 2013, 06:04:04 PM
 #9

LTC/USD has increased but not LTC/BTC because its not based around circulation like BTC.

Actually LTC/BTC ratio doubled. Check the charts again  Roll Eyes

Actually it is back where the LTC/BTC price was half year ago.  So much for good investment Wink

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November 27, 2013, 06:12:28 PM
 #10

i hope it crashes anytime soon so i can get some
LupinS
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November 27, 2013, 06:13:15 PM
 #11

its definetly worth to invest, i think it will gain value more.
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November 27, 2013, 06:14:25 PM
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I will be watching the LTC/BTC on BTC-e. If it keeps rising, then I will trade some BTC for LTC on there.
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November 27, 2013, 06:21:36 PM
 #13

BTC won't be stabilize around $1000, this is just a high point for now. LTC seems to always stabilize its price of LTC/BTC so I believe investing in it could go either way depending on where it lands.
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November 27, 2013, 06:21:52 PM
 #14

ltc is the only alt coin with any value. I would grab some if it manages to dip in the next week
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November 27, 2013, 06:22:50 PM
 #15

I do think LTC will ultimately crash, LTC really does trade on the back of BTCs strength and at this moment in history there really isn't space for another crypto to get near being mainstream. Purely a speculative gamble but with the rapid growth it's definitely looking good short term. I think you'll see <25 before >31.
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November 27, 2013, 06:29:25 PM
 #16

ltc is the only alt coin with any value. I would grab some if it manages to dip in the next week


NovaCoin seems to be worth something as well. For a long time it was worth more than LTC but its losing its drive it seems. I honestly would go for NVC over LTC but that's just a gut feeling.
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November 27, 2013, 06:30:56 PM
 #17

Litecoin has gone up proportionally even faster than BTC over the last couple of days from .015 BTC each to over .02.  Given the maximum litecoin can be is .25 BTC you may still have some room to buy.  Any forum idiot can point out the price history of a coin, the key challenge is what will happen going forward, and that obviously no one knows.  However, it seems that LTC will get more attention as BTC gets more and more out of reach, for example peerbet just added litecoin.
samsam
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November 27, 2013, 06:36:34 PM
 #18

Litecoin has gone up proportionally even faster than BTC over the last couple of days from .015 BTC each to over .02.  Given the maximum litecoin can be is .25 BTC you may still have some room to buy.  Any forum idiot can point out the price history of a coin, the key challenge is what will happen going forward, and that obviously no one knows.  However, it seems that LTC will get more attention as BTC gets more and more out of reach, for example peerbet just added litecoin.

Good point. LTC is still very affordable. We don't know what will ultimately happen with crypto-currencies. I will be investing in LTC as a side bet that has a TON of potential upside.
infuriating
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November 27, 2013, 06:37:32 PM
 #19

For some citizens it is really hard to purchase bitcoins or litecoins

For example i live in Turkey and it is almost impossible to instant purchase even if you have the money

Wire transfers take long and high fees

Sad

Same thing in France. I feel really excluded from these good markets... The exchange sites are happy to collect very personal information about you, and that's all.
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November 27, 2013, 06:38:30 PM
 #20

ltc is the only alt coin with any value. I would grab some if it manages to dip in the next week


NovaCoin seems to be worth something as well. For a long time it was worth more than LTC but its losing its drive it seems. I honestly would go for NVC over LTC but that's just a gut feeling.


I agree, NovaCoin (NVC) has higher potential than Litecoin, also inovative proof of stake concept not just Bitcoin clone as Litecoin is
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