[ANN] Litecoin - a lite version of Bitcoin. Launched!

[davide72]

time to buy more ltc?or will dump more?

I think if you are longterm investors why not to buy right now is a good price, litecoin drop a lot since last year, buy now and wait for next year when hope the bull ran will start again!

[Searing]

I'm dumping 225 (all my) LTC and 15 BTC of my hoard to get thru 2019 (retired on crypto) health insurance to pay and live on etc

I think it will be 3k coin maybe 2k and such this next year ...if past BTC patterns hold

I think the SEC is gonna deny all ETF's thus the 3k hit and that also will drive LTC down proportionally

so again...all the LTC is gone as of today

as to a store of value argument for the next 2 years on LTC and BTC etc..not gonna happen....we are gonna have in the next couple  years

IMHO a 20-40% recession and as beat up as crypto is the 'store of value' argument is moot

but buying LTC or BTC by 'selling crap you don't need' may be wise..but it is gonna  be a couple of years till we are above 5k IMHO

besides the SEC on ETF's etc...the other shoe to drop is the *previous* 1 billion $$$ of BTC by mt. gox that is going to be dumped in mass in Feb/March 2019

that will further drive LTC and BTC into the ground

anyway, what I'm doing as a stop gap with LTC and BTC to get thru 2019 and stay retired on crypto

the old saying from the 1700s or so

'the needs must when the devil drives'

brad

[digitalblock]

Now many are fleeing the sinking ship like rats, and all because no one wants to lose their money. All give in to a big panic.

Bitcoin did so many fork it was better instead  to use the litecoin project is much better than other bitcoin fork! Today look like same price as last years, next year 2019 litecoin will recover for sure!

This will certainly be sure and smart investors will pick up a good product like a lightcoin which is just lying on the bottom now. I do not understand who sells so cheaply at a loss?

[Farahtenan]

Now many are fleeing the sinking ship like rats, and all because no one wants to lose their money. All give in to a big panic.

Bitcoin did so many fork it was better instead  to use the litecoin project is much better than other bitcoin fork! Today look like same price as last years, next year 2019 litecoin will recover for sure!

This will certainly be sure and smart investors will pick up a good product like a lightcoin which is just lying on the bottom now. I do not understand who sells so cheaply at a loss?

It is indeed a worrying situation even though if you are more patient, you will find a better and more beneficial way. I see ltc giving a good future and this will increase later. Just wait and be patient for the bull run again.  The journey of LTC is pretty good for 4 years and still survives, it is indeed worth keeping.

[Endemicc]

Since institutional investors have mostly stuck to the sidelines, retail investors have been responsible for the upward move in digital coins thus far.I believe litecoin will have a future and will grow bigger in crypto.

After the finish of big drama of the fork of BCH now it has more bigger chance to fill this gap and it will move in upward direction. I also think in coming days we will see this coin in more strong position with more value.

Yes, a sensible thought.Gaps in the market are always filled and Litecoin is lucky in this respect.Because it's one of the old ones.

[pumz]

What could be wrong, that happened already with delay in launch of Bakkt and that created dip which was recovered immediately. With all respect I will disagree on ETF's decisions to effect the price anymore. If you look at Bitcoin's history future's contracts lost impact, then EtF's last delay didn't move market so now it has zero impact in case of denial or another delay. Bakkt with any other delay will go without showing negative impact. Litcoin will be back on table because of SEC's decisions regarding ICO's that is agreeable part.

[snowyNNN]

Litecoin really got decimated..
shame. Back to 3,80$..

[blackberry862]

Litecoin really got decimated..
shame. Back to 3,80$..

Dramatic loss for someone who greedily bought above $100.
but, I don't think that Litecoin will drop to $3.8 as you said.
It is probably un-realistic scenario, in my opinion.

[Mihawk]

Litecoin really got decimated..
shame. Back to 3,80$..

Dramatic loss for someone who greedily bought above $100.
but, I don't think that Litecoin will drop to $3.8 as you said.
It is probably un-realistic scenario, in my opinion.

Do not be dramatic and desperate. Litecoin is being tested in the next few weeks as far as security is concerned, and if it does, it'll be required by many investors. If going back to $3.8 is like a sweet dream. LTC is useful.

[rendravolt]

Litecoin really got decimated..
shame. Back to 3,80$..

Dramatic loss for someone who greedily bought above $100.
but, I don't think that Litecoin will drop to $3.8 as you said.
It is probably un-realistic scenario, in my opinion.

Do not be dramatic and desperate. Litecoin is being tested in the next few weeks as far as security is concerned, and if it does, it'll be required by many investors. If going back to $3.8 is like a sweet dream. LTC is useful.

That means a lot, I agree with you, but most people will never be patient to wait, so it comes back to those in need. It's better to wait for good results before stepping in the wrong direction.

[Lind]

Litecoin really got decimated..
shame. Back to 3,80$..

Dramatic loss for someone who greedily bought above $100.
but, I don't think that Litecoin will drop to $3.8 as you said.
It is probably un-realistic scenario, in my opinion.

Do not be dramatic and desperate. Litecoin is being tested in the next few weeks as far as security is concerned, and if it does, it'll be required by many investors. If going back to $3.8 is like a sweet dream. LTC is useful.

That means a lot, I agree with you, but most people will never be patient to wait, so it comes back to those in need. It's better to wait for good results before stepping in the wrong direction.

If those guys truly wanna dump (they had better positions back there and they didnt, just balabla) and quit, then they should just do it. We dont need the drama and b*tching.

[Searing]

I believe that the cryptocurrency market will go up soon and this coin will be able to bring very good profits to its investors. After all, this is one of the most interesting and powerful projects at the moment.

yes it will go up but for now its bearish move all we need to wait and hodl our coins and tokens
bitcoin could go under 5000$ and litecoin also may go down more. i am going to buy more if the price will drop more a little bit
litecoin price is stable i hope litecoin price will move up soon with the price of bitcoin when bullish move happen.
i really hope that market will not go more down

Can we hodl out until the big charge (bull) starts? Things look dire to be honest, I expect this trench-warfare to continue into the new year.  

the last of my HODL on LTC will be gone (225 LTC) sometime in the next week or so..need to pay bills (retired on crypto may NOT be my wisest move ...ya think?)

thus flushing LTC (got to save the BTC hoard for a pump..thus the LTC baby is tossed out the window ..in my hasty retreat)

If LTC is Silver to BTC's gold ...well..sorry ...all things being equal ..keeping the (gold) btc

I saw your comments, similar to this.

I dont know how rich you are/were, but have u tried Stocks, there were times when NVIDIA,TESLA,AMD, (even Facebook bounced some) shares for example produced nice gains. Tech stocks, before their pumps were a good choice. Retired on crypto, but why I feel it was only crypto and u lived up your (alt) money.

i have enough to keep my meager lifestyle (worked with deaf/blind dev disabled) of say a buying power of 30-35k when/if I retire at 65 or 66 ..I'm using crypto as a bridge till then, I'm 62.5 years old

needless to say ...in Jan 2018 LTC of 200 or so was 35K ...I just sold the last LTC at 7200 usd even of 225 LTC

ouch

thus I am doing what everyone else is doing that is living on this crypto (i mean really I'll burn it all not to work for anyone again) I'm blowing out all my altcoins (or those that are not so low it don't matter)

this of course includes LTC as a major HODL for a lot of folk in my position....so yeah, dumping the LTC to salvage BTC is it that bad indeed.....worse dumping with the sh*tcoins other than LTC and BTC.

and trying..really trying..not to blow the BTC...if BTC does not come back none of the altcoins will either and probably do much worse

thus if LTC is silver to BTC's gold ...and moves up accordingly...well ..it gets dumped with the rest of the altcoins, including LTC, .to keep MY BTC hoard safe...but that hoard will go before I 'unretire' don't ya know.

that IMHO, is exactly what is going on in the altcoin market for all coins as BTC dumps and really, really evident with LTC

it is likely to get worse with places like gigawatt going under and large data farms...they will dump a lot of crypto BTC and altcoins so THEY won't have to go work for anyone either

a lot of miners that were self-employed are now facing a choice of dump LTC and altcoins and maybe even ALL their BTC to stay working for themselves..or at the very least paying off the

data hall building as a hedge (no payments) or other stuff in dumping crypto as a hedge to keep from ...again...for a lot of us ...working for someone again...

just saying....we could see bitmain and a lot of asic makers go under for the same reason....choice of letting  the corporation that makes asic's for scrypt-pow and LTC mining or other machines eat the losses and

get out what crypto you can as things go south and you are say no longer an engineer at bitmain for asic chips etc

humans being humans ...how I see it unless btc comes back and at least goes sideways and such for LTC and BTC and other cryptos amd altcoins can stablize off of BTC and LTC prices say.

people dove too deep into equip/data halls/ and self-employment or trading of crypto and made a good living out of it full time these at least last 3 years....now with the equipment glut

(L3+'s are going for what 40 bucks on ebay?) that MAY not be the case anymore for ANYONE as large as bitmain or as small as a self-employed miner....poof....sell and consolidate may be the rule for a year

or as they say 'sh*t happens* but dumping btc or ltc or altcoins to keep even a smaller self-employed business of lifestyle going...and not have to get a 'real' job again..yeah...the trend is ugly indeed

brad

[maloy1cs]

It is very sad to see that after such a take-off, ltc has returned to the price of June 2017, I am sure that many did not expect such a fall and incur heavy losses. Now the main thing is not to panic and wait to get your reward for waiting.

[my_cryptos]

I used to trust this project more. Now I have read the comments of some people and I have doubts about the future of LTC.

[Minnaja]

I bought this coin at a low price and I am sure that I made the right investment. It seems to me that this coin will give me a profit in a few months.

[kuduirt]

so

30$ this is not low imho

15-30$ good price )

[chomcv]

so

30$ this is not low imho

15-30$ good price )

then i will wait when price ltc 10-15$

[Searing]

I have re-thought my above post..will be dumping 2-3 BTC a month..if I need to for the next 2.5 years to full retirement on my traditional investments and soc security I hope to take at 66 years.

Thus I can have the month to month pain and likely delusion that it will all come back in some manner...

as to LTC...well...I could buy back in I suppose some with the amount above I'm taking out to live on...but jeez...on all this stuff how low can it go?

I should be 'attic mining' selling crap from the attic on eBay to get LTC or BTC from junk I will otherwise die with...probably 5k worth of crap...if I don't do it at these prices...I never will

but hell, as maxumark said pow-scrypt mining may be dead if dumb asses with big $$$ can simply walk in and mess up BTC prices due to low volume and tank LTC and the altcoins too

giggwatt is going under I heard...wonder if Bitmain is toast.. what a sh*tstorm

whatever it is not like I did not use BTC to buy LTC back in 2015 when LTC was sideways as hell, I guess I could do it again

as of now though I have ZERO LTC and don't plan on accumulating any coin till past Jan 1st, 2019...I have enough cash to live on till then....then of course choices will need to be made to continue retirement early

later

brad


edit: have no more LTC and panic sold 13 BTC from hoard at $3,964.20 ....to get thru till fall of 2019..retired on crypto ...and got to eat I see I sold at a high looking at BTC and LTC prices.

FML

[zahidmoon]

so

30$ this is not low imho

15-30$ good price )

then i will wait when price ltc 10-15$

i don't think litecoin price will touch 15$ because yesterday litecoin price was 27$ and today its 31$ again going up. i think current price is the cheapest price and maybe in coming days price go upto 40$ again
it looks like market is starting to recover and prices of top ten coins are growing fast in last 24 Hrs

[bitcoin_age]

I can tell you there is more the. 700 billion in tether which doesn't show up on coinmarketcap.. because the way it goes up and down with 100s of billion proves it all those gonna be All in with bakkt it's only matter of time. The fluctuations of billions of dollars showing and fading in a day proves the manipulation of tether. But people don't understand how unsafe tether is.