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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1429890 times)
Totscha
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May 17, 2018, 09:04:13 AM
 #6141

What do you think about this LTC/USD technical analysis?

https://bestcrypto.tv/1358/litecoin-technical-analysis-ltc-usd-may-15-2018/

It's like any other TA. A hot mess of assumptions and possible outcomes that basically tells you nothing...
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Searing
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May 17, 2018, 07:11:48 PM
 #6142

What do you think about this LTC/USD technical analysis?

https://bestcrypto.tv/1358/litecoin-technical-analysis-ltc-usd-may-15-2018/

It's like any other TA. A hot mess of assumptions and possible outcomes that basically tells you nothing...


the catch with all crypto prices...is that if mt. gox trustee dumps say 400 million usd of BTC all assumptions are dorked....

why everyone is sitting on hands and all crypto looks muddied...even with relatively good news

where BTC goes LTC follows....uncertainty sucks!


Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
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May 17, 2018, 07:25:42 PM
 #6143

What do you think about this LTC/USD technical analysis?

https://bestcrypto.tv/1358/litecoin-technical-analysis-ltc-usd-may-15-2018/

It's like any other TA. A hot mess of assumptions and possible outcomes that basically tells you nothing...


the catch with all crypto prices...is that if mt. gox trustee dumps say 400 million usd of BTC all assumptions are dorked....

why everyone is sitting on hands and all crypto looks muddied...even with relatively good news

where BTC goes LTC follows....uncertainty sucks!


yes i agree with you on that ltc is following BTC but right now the news of mt.gox make market disturb
and also no news coming from litecoin team and litcoin price is going down day by day
but bullish move will soon to happen it seems
also Billionaire Mike Novogratz said that The Next 3 to 12 Months Will be Very Exciting for Cryptocurrencies - Toshi Times

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May 17, 2018, 09:20:28 PM
 #6144

What do you think about this LTC/USD technical analysis?

https://bestcrypto.tv/1358/litecoin-technical-analysis-ltc-usd-may-15-2018/

It's like any other TA. A hot mess of assumptions and possible outcomes that basically tells you nothing...

TA is actually quite accurate, simply because people believe in it, which makes it a self fulfilling prophecy. Resistance and support lines are real, patterns are real, because people expect them to.

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May 18, 2018, 10:18:34 PM
 #6145

if someone asks you for private key, usually it means that you will lose all of your tokens in a couple of seconds
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May 19, 2018, 01:25:35 AM
 #6146

Litecoin is vying to become a “medium of exchange” for the digital world. Its end goal is to complement, if not fully substitute the slower and more expensive cryptocurrency.
And holders are the winners in this jungle of crypto world.
Burmik123
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May 19, 2018, 05:58:09 AM
 #6147

LTC very well holds the level of 0.016. I think that you can expect a good growth from LTC, when the situation with bitcoin is stabilized and it will stop falling. Recently, light has proved worthy of many crypto-currencies.
Hope, we will see new highs this year)
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May 19, 2018, 06:11:22 PM
 #6148

I think a lot of newbies buy litecoin because its easy to buy on coinbase
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May 20, 2018, 02:49:22 AM
 #6149

LTC very well holds the level of 0.016. I think that you can expect a good growth from LTC, when the situation with bitcoin is stabilized and it will stop falling. Recently, light has proved worthy of many crypto-currencies.
Hope, we will see new highs this year)
Yes, this should be one of the most primitive coins. I believe there will be a peak coming again in the future.
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May 20, 2018, 04:04:08 AM
 #6150

As an aside on Litecoin Mining....with .....supposedly, the latest available and cheapest prices ..current generation machine for offered for consumers by

Bitmain...an L3+ at 500mh and 800 watts...at $135 LTC.well at my current rent/hosting rate...I am currently at 54c a day per L3+ (there is a community supported

overclock on another thread I have heard that is safe...so maybe I could add 10% hash..and make 61c per day...have not got to it yet)

So 54c a day at $135 LTC, this is NOT looking good... the difficulty is still outstripping price by more than a 'bit' IMHO.

At the current difficulty today, I would need, $155 LTC to make over a buck at $1.01 USD....per day...

So again, mostly for those that don't mine or are unaware on this thread, the danger is that even IF the price of LTC went back to $200 bucks...if the

difficulty continues to outstrip what the consumer version miner that Bitmain makes the L3+ as an example..then it will 'complete' centralization

in that, only the mnfg (Bitmain)..that gets these units at 'likely' 20% at cost at worst...with 'supposed' cheap electric....could mine..the rest of us

consumer sized folk buying the consumer versions at the Bitmain prices...would be beyond 'screwed' ....to say that pow-scrypt

mining (LTC) would be centralized would be an epic understatement...which I can't see the price of LTC, reflecting well,

if only Bitmain sized operations suddenly can mine at a profit (meager for them it may be as well)....due to their large economy of scale...
 
We need a breakout in price for LTC (scrypt-pow mining) and BTC (sha-256) as well...or again, IMHO the price will reflect the elephants in the room

and the obviousness of 'complete and utter' centralization of these coins and price will reflect this badly in price (again, IMHO) and it may be rinse/wash

and repeat on a price spiral down...further...

shudder

edit: Just to clarify I have 22 Bitmain Units up in a data hall....so my idea of me being small and it not working out (all but 6 have ROI'd) should have

some meaning from where I'm coming from on all this.....



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May 20, 2018, 11:05:20 AM
 #6151

i m not a technical guy but wouldn t ltc be fucked it they keep on this path since bitmain will not change their tactics any time soon

the change should come from ltc as i can imagine they see this too that most of their coins are getting mined by one or two company s

if this keeps up problably most people will move away from ltc imo therefore tanking the price

it could happen that script mining will become absolete or the coins that have scriptmining will devalue a lot

crypto research discord https://discord.gg/vGZzB4w

great info about legit projects and scamcoins
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May 20, 2018, 01:26:31 PM
 #6152

I think a lot of newbies buy litecoin because its easy to buy on coinbase

Not only that, because is well established currency, one of the oldest projects, it's stable and has cheap transaction costs.
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May 20, 2018, 01:31:28 PM
 #6153

This market of LTC as far as I understood works in its ways. There are periods when steady increase in its price keeps going on and then similar when there is no visible surge in its price. Satoshi Lite is active and doing his best for this baby so all will be better again. Just need supportive market and LTC will be flying like before.
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May 20, 2018, 07:49:04 PM
 #6154

I think a lot of newbies buy litecoin because its easy to buy on coinbase

Not only that, because is well established currency, one of the oldest projects, it's stable and has cheap transaction costs.
yes no doubt that litecoin is very old and stable crypto right now in the market
and its transaction price is really cheap
newbies are buying that because its cheap transaction cost cheap and easy to move from one wallet to another
always newbies prefer cheap crypto currencies. because they won't spent a lot and can't take high risks

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May 21, 2018, 06:54:38 AM
 #6155

Why there are some people promoting their own projects here? Because this is one of the most followed threads in this forum? Grin

Here is a good troll by Satoshi Lite few hours ago https://twitter.com/SatoshiLite/status/998418013979226112. At first I though he really is serious and then I realized he's got no Litecoins anymore. Just kidding though. Grin


 
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May 21, 2018, 07:26:20 AM
 #6156

Litecoin is also on the voting poll as default to be listed on Dx.exchange powered by Nasdaq. I think everyone should vote who wants to see LTC stronger and valuable much more than now. I think community can do this https://www.facebook.com/dx.exchange/app/126231547426086/?app_data=%7B%7D . This is the link I found somewhere to share with people here to do small effort.


OOOBTC.com




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May 21, 2018, 08:01:14 AM
 #6157

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Litecoin+%28LTC%29&SortBy=0
What about news for ltc? Only for september? What happening with ltc guys???
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May 21, 2018, 02:27:32 PM
 #6158

I think a lot of newbies buy litecoin because its easy to buy on coinbase

Not only that, because is well established currency, one of the oldest projects, it's stable and has cheap transaction costs.
yes no doubt that litecoin is very old and stable crypto right now in the market
and its transaction price is really cheap
newbies are buying that because its cheap transaction cost cheap and easy to move from one wallet to another
always newbies prefer cheap crypto currencies. because they won't spent a lot and can't take high risks

Hence why any coin under .10c got massive spikes in volume last winter, newbs dont look at bitcoin price only usd price, dont understand that % gain is all that matters.

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May 21, 2018, 07:26:22 PM
 #6159

All I now is it is not gonna bode well...if consumer mining dies for LTC...currently the top Bitmain unit an L3+ is making 51c  a day for me...

I find it likely that IF this consumer mining pukes and than Bitmain jumps in for the summer with a new unit (the will mine) then offer in the late

fall....the price is really gonna take a hit....for LTC in that folk are gonna just say 'fu*k* this and do masternodes or go to pos coins...


you show that much 'centralization' and everyone is gonna walk and again...LTC and other scrypt-pow will suffer

It is not like all the consumer miners are going to run out on a pre-order for fall after watching Bitmain mine for 3-4 months alone with say

new equipment ...THEN offer crumbs...I just don't see it...and this will be reflected in a dump in price for all pow-scrypt coins IMHO, a big fall indeed...

the small consumer miners of any pow-scrypt or other ASIC OR GPU mineable coin are the 'cheerleaders' for that coin..you take away the 'cheerleaders'

and the only thing left, is centralized Bitmain ...mining and offering 4 month pre-orders...yeah..that is not gonna end well

monopolies always eat their young and blow up their own environment...seems this is the path...

anyway, my view for what it is worth...

brad


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May 21, 2018, 10:25:24 PM
 #6160

Can we believe that the Litecoin mining period is over? According to recent posts in this topic is a strong indication that yes. In particular mining is not my area and I am only an art sympathizer, but in my opinion after the definitive termination of Litecoin mining we may come across a large increase in value due to scant and demand.
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