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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1284686 times)
dr.cheema
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December 25, 2017, 06:34:03 PM
 #5001

Things have not been much better for Litecoin in the last week, though the ship seems to have steadied through the weekend, following a brief collapse to $144.
Litecoin has also been moving in the shadows of Bitcoin, with market sentiment towards Bitcoin influencing appetite for Litecoin.
The good news is that the dips have been relatively short lived for Litecoin, though we are going to need to see Litecoin break back through to $300 levels if a fall back to sub-$300 level ranges is to be avoided.
Investors will need to consider the current relationship between Bitcoin and Litecoin, with news of 40% of Bitcoin sitting with just 1,000 investors certainly a good reason for the correlation to soften.
At the time of writing, Litecoin is up 0.79% to $281, with trading volumes on the lighter side.

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December 25, 2017, 11:43:56 PM
 #5002

Why does everyone so blindly believes that Charlie sold all his LTC? He could have like 10 wallets that no one knows about and this is just a speculation or a tactic.
I personally think he sold most of them early this year thou.. Cheesy

I salute Charlie Lee for his sell. He sold at the top just before the dip what timing. I’m sure it would go higher so I’m suspicious of the timing of the dump.

Is it true the rumors that Coinbase will delist Litecoin from the exchange and Charlie got the inside cuz he used to work there?
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December 26, 2017, 12:39:07 AM
 #5003

Litecoin is going to replace BTC soon.

Do not belive rumors that LTC going to be delisted from anywhere.

LTC is reliable and more convinient!!!
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December 26, 2017, 09:21:22 AM
 #5004

Hi guys,  I wrote a swot analysis for Litecoin   

http://cryptoinvestorsguide.com

Please leave a comment with constructive feedback!

Thanks.
moli1
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December 26, 2017, 09:57:13 AM
 #5005

Litecoin has been rather lackluster after its founder admitted to being completely out of the digital coin.
We now have support at $284 (according to CMC)...
but that has been broken a few times.. only to turn things back around.
The question is whether we can continue to build up momentum to the upsid.. (might be NExt year) or does the support finally fall apart?
If we break down below $200.. it could be lights out for Litecoin in the short term.
Otherwise! these dips could offer short-term scalping opportunities.
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December 26, 2017, 10:24:58 AM
 #5006

An interesting coin is very similar to ether. In December of this year, it increased from 80 $ to 350 $. But all the time correction cryptocurrency heavily pruned and LItecoin up to $ 250. What do you think whether to buy it now when the price has stabilized, or even coin falls?

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December 26, 2017, 11:15:17 AM
 #5007

I think this down is because of Christmas, let's wait next year  Smiley
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December 26, 2017, 12:31:21 PM
 #5008

I think this down is because of Christmas, let's wait next year  Smiley
yeah absolutely right! everyone cash out money for Christmas and celebrated good.
now BTC going up & ETH-LTC will be up soon. No Doubt these are Future Top cryptocurrencies.  Cheesy

           ﹏﹏﹋﹌﹌ WPP ENERGY ﹌﹌﹋﹏﹏
☆═══━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═══☆
≈ WORLD POWER PRODUCTION ≈


【 BACKED ASSET GREEN ENERGY TOKEN 】
☆═━┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈┈━═☆
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December 26, 2017, 04:28:43 PM
 #5009

as usual, btc pump fork2, before 29.12 switch to ltc and altcoins or wait fork and buy later and get free coin, this is the fourth dividend this year, ... just crazy
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December 26, 2017, 05:01:21 PM
 #5010

A lot of people are buying BTC for the fork on the 28th..segwit2x more free coins on the 29th money starts flowing back into LTC and trip to the moon continues  Cobb has an new piece about LN working really great so expect big things.
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December 26, 2017, 05:06:04 PM
 #5011

Why does everyone so blindly believes that Charlie sold all his LTC? He could have like 10 wallets that no one knows about and this is just a speculation or a tactic.
I personally think he sold most of them early this year thou.. Cheesy

I salute Charlie Lee for his sell. He sold at the top just before the dip what timing. I’m sure it would go higher so I’m suspicious of the timing of the dump.

Is it true the rumors that Coinbase will delist Litecoin from the exchange and Charlie got the inside cuz he used to work there?
Only if the Delist Btrash first ..lmao.
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December 26, 2017, 05:11:02 PM
 #5012

will LTC get back to over 300 ?
290 and headed up 24 hrs later..relax and enjoy Grin
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December 26, 2017, 06:02:15 PM
 #5013

Other coins and tokens lost both volume and value in this recent correction in altcoin market whereas LTC sustained the gains. I see only low volume and price still at very good level with plenty of support and stable floor apparently. It is going to be ready very soon for next ride in near future.

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December 26, 2017, 06:07:55 PM
 #5014

LTC is a good example for how important it is to appeal to emotion rather than reason. 2018 will be an interesting year  Cool
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December 26, 2017, 10:37:49 PM
 #5015

Other coins and tokens lost both volume and value in this recent correction in altcoin market whereas LTC sustained the gains. I see only low volume and price still at very good level with plenty of support and stable floor apparently. It is going to be ready very soon for next ride in near future.
Other coins and tokens lost both volume and value in this recent correction in altcoin market whereas LTC sustained the gains. I see only low volume and price still at very good level with plenty of support and stable floor apparently. It is going to be ready very soon for next ride in near future.

Agreed; the entire altcoin market (monitoring Bittrex alone); saw a roughly 22% median drop last night starting at roughly 11:50PM EST.  The average 24 Hour % Gain/Loss across all 197 Bittrex Markets dropped from a median of roughly 13.9% gain to a loss of -8.3% across all markets. The drop lasted roughly 40 minutes.

Litecoin holds an interesting place in the Altcoin economy. It has always been seen as Bitcoin's "Alternative" in terms of the first mainstream highly traded altcoin.

Also; Bitcoin faces some serious obstacles which it will need to overcome moving forward; one of which is the the transaction fee/block size/transactions per block issue.

As Bitcoin has no where near reached "mass adoption"; and the average transaction feed has skyrocketed (averaging roughly $17-$25). This is a major roadblock for Bitcoin. The utility of zero cost; or low cost transactions is no longer possible. For mass adoption to be even considered possible; this issue needs to be solved with a hardfork which is no where in sight.

How can the average person utilize bitcoin to make a basic purchase; or buy a $50 gift card through GYFT, when the TX Fee is $25?  And that's for a small KB transaction.  People who send Bitcoin from a wallet address that has multiple small inputs (dust transactions) will find their transaction fee exceeds the amount of Bitcoin they even have.

Litecoin has proven to be a in for the long run contender, and has survived the bloodbath of the Altcoin showdown we've seen in the past 2-3 years.

Lastly; the fact that the Lee sold his stake in LTC really means very little. As LTC is a decentralized cryptocurrency and he's agreed to remain onboard; he most likely has valid reasons and was transparent about his liquidation of his holdings. Something he was in no way required to do (as required by corporate executives in the fiat/stock markets).

The fact that he was transparent says a lot to me; and even it if was after; why would he announce his sale prior to liquidation.

LTC has held up well. I think factoring the above along with the sentiments being echoed in other above comments and on websites/coindesk/etc - LTC I think could have an extremely promising year moving forward.

Cheers!

Strato

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December 26, 2017, 10:40:04 PM
 #5016

LTC is a good example for how important it is to appeal to emotion rather than reason. 2018 will be an interesting year  Cool
Thumbs up! I see only positive things in LTC and bright future....2018 will be our year... Grin
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December 26, 2017, 10:55:02 PM
 #5017

The greatest thing about Litecoin for me is that you can mine it simultaneously with Bitcoin! 
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December 26, 2017, 11:47:31 PM
 #5018

An interesting coin is very similar to ether. In December of this year, it increased from 80 $ to 350 $. But all the time correction cryptocurrency heavily pruned and LItecoin up to $ 250. What do you think whether to buy it now when the price has stabilized, or even coin falls?

I dont know if LTC goes lower than that, but I am very optimistic it will go much higher starting 2018, I do believe it's a new begining for Litecoin! It is a great coin having so many advantages over Bitcoin, like faster tx and lower fees, and it's been in the shadow for years, but my quess is that LTC will be closer to ETH's value durring 2018!

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December 27, 2017, 12:50:39 AM
 #5019

Want to buy 3 LTC for 0.06BTC, but only on https: //novaexchange.com when accessing the wallet where they lie! Through escrow! Because the deposits are already closed((
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December 27, 2017, 07:12:52 AM
 #5020

The greatest thing about Litecoin for me is that you can mine it simultaneously with Bitcoin! 

Nice theory...

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