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Author Topic: Litecoin in 2019  (Read 2348 times)
ðºÞæ
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September 02, 2019, 10:06:14 AM
 #281

Price always overshoots, so thirties something before stabilization.


This doesnt really seem to represent anything.  Just because there is a line from 2012 that gradually goes up (that doesnt account for the spike into he $300s) doesnt mean it is supported by anything.  This seems like a terrible use of technical analysis if you ask me...will the price drop into the $30s, sure it might, but not because this chart says it will.  NO offense
This shows Litecoin price from day one with logarithmic trend-line, not more not less.
It is factual data no technical analyses. You can not lock at the past to predict the future. No technical analyses would have shown a spice up to  $358,34

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September 02, 2019, 12:51:39 PM
 #282

Price always overshoots, so thirties something before stabilization.


This doesnt really seem to represent anything.  Just because there is a line from 2012 that gradually goes up (that doesnt account for the spike into he $300s) doesnt mean it is supported by anything.  This seems like a terrible use of technical analysis if you ask me...will the price drop into the $30s, sure it might, but not because this chart says it will.  NO offense
This shows Litecoin price from day one with logarithmic trend-line, not more not less.
It is factual data no technical analyses. You can not lock at the past to predict the future. No technical analyses would have shown a spice up to  $358,34

My point is that it is a flat line up, you can angle that line any which way and just state that you expect litecoin to go up/down based on the line placement.  To me it just doesnt seem relevant given the wide price fluctuations over and below it. 

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September 02, 2019, 02:56:40 PM
 #283

I don't think it's a bad investment though. Just a long term one like BTC.

agree . ltc is not a bad coin to invest and your right that its a long term coin since its value were quite a bit stable and slow moving just like any other alts out there but btc ? nah , btc is supposed to be known as a short to mid term investment asset since its value can quickly rise and fall  .

  ltc this year is looking better than compare to ltc back on the year 2018  and ltc in next year will going to be more better , thats for sure
Litecoin in 2019 is actually better than last year but overall, the situation of litecoin is not as optimistic as you think, even I have a lot of hunch it will get worse in subsequent years because although many people speculate that litecoin is very potential and suitable for the long term but in fact, it has only a strong outer shell, the inside has weakened and no strength to compete. Besides, the dominance of bitcoin is gradually higher, only the young altcoins and the strength can overcome this dominance, the old altcoin does not have too many advantages for this battle.
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September 02, 2019, 03:33:44 PM
 #284

I don't think it's a bad investment though. Just a long term one like BTC.

agree . ltc is not a bad coin to invest and your right that its a long term coin since its value were quite a bit stable and slow moving just like any other alts out there but btc ? nah , btc is supposed to be known as a short to mid term investment asset since its value can quickly rise and fall  .

  ltc this year is looking better than compare to ltc back on the year 2018  and ltc in next year will going to be more better , thats for sure
Litecoin in 2019 is actually better than last year but overall, the situation of litecoin is not as optimistic as you think, even I have a lot of hunch it will get worse in subsequent years because although many people speculate that litecoin is very potential and suitable for the long term but in fact, it has only a strong outer shell, the inside has weakened and no strength to compete. Besides, the dominance of bitcoin is gradually higher, only the young altcoins and the strength can overcome this dominance, the old altcoin does not have too many advantages for this battle.

I disagree with "only the young altcoins can overcome this dominance." Litecoin has a much bigger backing than most "young" altcoins, and it's not about overcoming dominance.  Bitcoin is going to be bitcoin what these other projects need to do is find out where they fit in and find their niche, it's not about being #1.

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September 02, 2019, 05:45:13 PM
 #285

I don't think it's a bad investment though. Just a long term one like BTC.

agree . ltc is not a bad coin to invest and your right that its a long term coin since its value were quite a bit stable and slow moving just like any other alts out there but btc ? nah , btc is supposed to be known as a short to mid term investment asset since its value can quickly rise and fall  .

  ltc this year is looking better than compare to ltc back on the year 2018  and ltc in next year will going to be more better , thats for sure
Litecoin in 2019 is actually better than last year but overall, the situation of litecoin is not as optimistic as you think, even I have a lot of hunch it will get worse in subsequent years because although many people speculate that litecoin is very potential and suitable for the long term but in fact, it has only a strong outer shell, the inside has weakened and no strength to compete. Besides, the dominance of bitcoin is gradually higher, only the young altcoins and the strength can overcome this dominance, the old altcoin does not have too many advantages for this battle.

I disagree with "only the young altcoins can overcome this dominance." Litecoin has a much bigger backing than most "young" altcoins, and it's not about overcoming dominance.  Bitcoin is going to be bitcoin what these other projects need to do is find out where they fit in and find their niche, it's not about being #1.
In the cryptocurrency market, the largest role is played by the liquidity of the asset. I think that projects should offer more trade contests.

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September 02, 2019, 08:13:43 PM
 #286

I don't think it's a bad investment though. Just a long term one like BTC.

agree . ltc is not a bad coin to invest and your right that its a long term coin since its value were quite a bit stable and slow moving just like any other alts out there but btc ? nah , btc is supposed to be known as a short to mid term investment asset since its value can quickly rise and fall  .

  ltc this year is looking better than compare to ltc back on the year 2018  and ltc in next year will going to be more better , thats for sure
Litecoin in 2019 is actually better than last year but overall, the situation of litecoin is not as optimistic as you think, even I have a lot of hunch it will get worse in subsequent years because although many people speculate that litecoin is very potential and suitable for the long term but in fact, it has only a strong outer shell, the inside has weakened and no strength to compete. Besides, the dominance of bitcoin is gradually higher, only the young altcoins and the strength can overcome this dominance, the old altcoin does not have too many advantages for this battle.

I disagree with "only the young altcoins can overcome this dominance." Litecoin has a much bigger backing than most "young" altcoins, and it's not about overcoming dominance.  Bitcoin is going to be bitcoin what these other projects need to do is find out where they fit in and find their niche, it's not about being #1.
In the cryptocurrency market, the largest role is played by the liquidity of the asset. I think that projects should offer more trade contests.

I dont get why you quoted this?  Litecoin offers incredible liquidity if that is what you mean.  These new projects are hit or miss, they might catch on a high volume exchange or they might not.  Litecoin will always be traded on most every exchange and even have its own alt/pairs. 

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September 03, 2019, 02:35:15 AM
 #287

I don't think it's a bad investment though. Just a long term one like BTC.

agree . ltc is not a bad coin to invest and your right that its a long term coin since its value were quite a bit stable and slow moving just like any other alts out there but btc ? nah , btc is supposed to be known as a short to mid term investment asset since its value can quickly rise and fall  .

  ltc this year is looking better than compare to ltc back on the year 2018  and ltc in next year will going to be more better , thats for sure
Litecoin in 2019 is actually better than last year but overall, the situation of litecoin is not as optimistic as you think, even I have a lot of hunch it will get worse in subsequent years because although many people speculate that litecoin is very potential and suitable for the long term but in fact, it has only a strong outer shell, the inside has weakened and no strength to compete. Besides, the dominance of bitcoin is gradually higher, only the young altcoins and the strength can overcome this dominance, the old altcoin does not have too many advantages for this battle.

I agree with you . Old coins don't have any advantage in price appreciation because the investment needs are very low compared to reality and new coins will have more opportunities to increase prices in the near future. The current market is difficult to predict but Bitcoin will still be a good investment coin and if the market enters an uptrend, many new projects will have very good growth in the next few years.

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September 03, 2019, 12:40:33 PM
 #288

I don't know but for me, I don't like litecoin what I mean I don't want to invest in it but I also know that 2019 will be good for litecoin especially if bitcoin will make a big move this year.
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September 04, 2019, 05:44:37 PM
 #289

Litecoin is very developing this year and the price is also like Ethereum which might be the same as other altcoins. Current market conditions seem to still belong to Bitcoin. Litecoin will rise with another altcoin when conditions improve
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September 05, 2019, 12:52:57 PM
 #290

Litecoin has been one of the best performers of this year, we saw huge gains with it in the start of market recovery. It was the one that started the recovery only then BTC followed. Now it has been very volatile, huge dump and small recovery, it could be again indicator for what is going to come.

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September 05, 2019, 01:32:40 PM
 #291

In all this years, why is it not making any progress? Number of transactions is actually falling.

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October 17, 2019, 10:52:27 PM
 #292

I suggest you still have to be able to hold Litecoin because Litecoin currently has a very good price movement and do not let you miss Litecoin, because I think this Litecoin has the potential to rise due to the influence of bitcoin which has begun to show price increases, don't let you sell assets that you have at cheap prices.

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October 18, 2019, 03:35:24 PM
 #293

For some reason there is big expectation over Litecoin, but there is no big move in the price of Litecoin. The halving of Litecoin is the major event that created the market demand, and Litecoin running on the same algorithm as bitcoin adds more importance to it. As of now there is not much of growth experienced on altcoins, the same has taken place with Litecoin. Hope the progress of Litecoin will happen along with the increase of altcoin dominance.

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October 27, 2019, 08:29:43 AM
 #294

For some reason there is big expectation over Litecoin, but there is no big move in the price of Litecoin. The halving of Litecoin is the major event that created the market demand, and Litecoin running on the same algorithm as bitcoin adds more importance to it. As of now there is not much of growth experienced on altcoins, the same has taken place with Litecoin. Hope the progress of Litecoin will happen along with the increase of altcoin dominance.

Bitcoin uses SHA256 and Litecoin uses Scrypt. I don't see how they're "running on the same algorithm". I truly think all of you that are freaking out about the price of Litecoin being low and are afraid it's going to stay that low need to chill. I've watched it go up and down in price for years now. Everytime it hits one of the highs, I really wish I would have held on to some in place of some of my Bitcoin.
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October 27, 2019, 09:25:45 AM
 #295

Personally I really like Litecoin because the transaction costs are cheap and fast, very effective for transferring our assets use LTC.
So from that I also become interested in investing in LTC in addition to its large volume, LTC is also very popular in almost all
exchanges there is LTC. With so many investors eager to invest in LTC, because of the prospects and potential will develop rapidly
in the future. So many experts believe LTC in 2019 will experience a price increase especially at the end of the year. And the peak
increase will occur before the BTC halving in 2020. I only think according to my ability, if something goes wrong please forgive me.

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coinzzzpro (OP)
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October 28, 2019, 06:02:08 AM
 #296

What are your current predictions?
The news from China is good and has had an impact on many altcoins, is the LTC still lagging behind or waiting for the dragon to jump?

rhomelmabini
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October 28, 2019, 07:01:19 AM
 #297

What are your current predictions?
The news from China is good and has had an impact on many altcoins, is the LTC still lagging behind or waiting for the dragon to jump?
I just browsed Binance for a while and just seen that 1D of it seems it's on the bottom still have doubts though but I'm not buying that China news, to be honest, because it's just puffery you know they can declare again that they promoted blockchain but they'll ban crypto, how sad of them are they just really the market to rely on?

If LTC breaks that bottom I have a hunch that it will be the start of alt season.
andycarrol
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October 28, 2019, 07:22:54 AM
 #298

calm down the price of litecoin at the exchange place in 2019 will follow the movement of bitcoin prices at the exchange, so I am sure the price of litecoin still has very good potential, so you should not release litecoin easily.
coinzzzpro (OP)
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October 29, 2019, 02:00:07 PM
 #299

What are your current predictions?
The news from China is good and has had an impact on many altcoins, is the LTC still lagging behind or waiting for the dragon to jump?
I just browsed Binance for a while and just seen that 1D of it seems it's on the bottom still have doubts though but I'm not buying that China news, to be honest, because it's just puffery you know they can declare again that they promoted blockchain but they'll ban crypto, how sad of them are they just really the market to rely on?

If LTC breaks that bottom I have a hunch that it will be the start of alt season.


Now I personally have three favorites: Litecoin, Bitcoin cash and TRON. They are from China, they have the ability to make fast transactions and hold good positions in the ranking.

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October 30, 2019, 11:52:06 AM
 #300

Personally I really like Litecoin because the transaction costs are cheap and fast, very effective for transferring our assets use LTC.
So from that I also become interested in investing in LTC in addition to its large volume, LTC is also very popular in almost all
exchanges there is LTC. With so many investors eager to invest in LTC, because of the prospects and potential will develop rapidly
in the future. So many experts believe LTC in 2019 will experience a price increase especially at the end of the year. And the peak
increase will occur before the BTC halving in 2020. I only think according to my ability, if something goes wrong please forgive me.

Litecoin is a good cryptocurrency, and it is one of the most reliable altcoins. However, the price for one alt might not grow greatly until Bitcoin reaches 15 thousand at least. I guess the maximum possible price for one LTC will be 80 dollars. On the other hand, its market capitalization is growing, and it can take the 45th or even the 4th place among the best-rated cryptocurrencies on CMC.
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