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The Litecoin Thread

2456713

Comments

  • Registered Users, Registered Users 2 Posts: 12,654 ✭✭✭✭machiavellianme


    True. 101.32 doesn't have the same ring to it.


  • Closed Accounts Posts: 336 ✭✭Benildus


    €105.74 now...

    what's causing this burst?


  • Registered Users, Registered Users 2 Posts: 12,654 ✭✭✭✭machiavellianme


    And 108.42 is a pure vertical trending trough.


  • Registered Users Posts: 1,038 ✭✭✭rapul


    105.98 at the mo for me ,this is great :)


  • Registered Users, Registered Users 2 Posts: 12,654 ✭✭✭✭machiavellianme


    111 on GDAX and no signs of stopping. It's like watching BTC yesterday.


  • Registered Users, Registered Users 2 Posts: 3,357 ✭✭✭papu


    Benildus wrote: »
    €105.74 now...

    what's causing this burst?

    Combination of media attention and the new BTC transaction fees maybe?


  • Registered Users, Registered Users 2 Posts: 12,654 ✭✭✭✭machiavellianme


    Just cancelled my sell order at 120 to see where this goes. It's incredible to jump 20% in a matter of minutes.


  • Registered Users Posts: 1,038 ✭✭✭rapul


    i know hit 118 there madness


  • Registered Users, Registered Users 2 Posts: 12,654 ✭✭✭✭machiavellianme


    It reached 125 on GDAX. Still above 115 now. Incredible.


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  • Registered Users, Registered Users 2 Posts: 3,357 ✭✭✭papu


    Happy I got partially in with this. Not so happy I'm mainly in on BTC and ETH.

    Tempted to swap to Litecoin with some of that now if this keeps up.


  • Registered Users, Registered Users 2 Posts: 12,654 ✭✭✭✭machiavellianme


    Should've cashed out at 120. Falling back now. 108 and dropping.


  • Registered Users Posts: 1,038 ✭✭✭rapul


    nah have faith it will be fine ,still some gains


  • Closed Accounts Posts: 336 ✭✭Benildus


    BTC also falling in sympathy


  • Registered Users, Registered Users 2 Posts: 2,339 ✭✭✭The One Doctor


    BTC's all over the feckin' place while LTC is zooming. Hoping for a major correction soon.


  • Closed Accounts Posts: 336 ✭✭Benildus


    Bought some more LTC with the cash from my ETH sales, which has actually also risen today


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  • Registered Users Posts: 751 ✭✭✭Dayor Knight


    Guys, bubbles burst. if you're lucky enough to have bought any of these in 2010 or when they were dirt cheap, count your blessings and your lucky stars and get out now. You may may have a tinge of regret about not getting richer if they keep going up, but think how you'll feel if the bubble bursts and it all goes down the toilet. That's not a place you want to be.

    That's just an honest opinion from someone who doesn't have any (ah well.....). No skin in the game, just some food for thought. No abuse, please, this is meant well! If you're happy with where you're at that's your call.....


  • Registered Users, Registered Users 2 Posts: 6,532 ✭✭✭EagererBeaver


    "The bubble's burst"

    Prices are rising. Well done genius.


  • Closed Accounts Posts: 336 ✭✭Benildus


    Guys, bubbles burst. if you're lucky enough to have bought any of these in 2010 or when they were dirt cheap, count your blessings and your lucky stars and get out now. You may may have a tinge of regret about not getting richer if they keep going up, but think how you'll feel if the bubble bursts and it all goes down the toilet. That's not a place you want to be.

    That's just an honest opinion from someone who doesn't have any (ah well.....). No skin in the game, just some food for thought. No abuse, please, this is meant well! If you're happy with where you're at that's your call.....

    Thanks for the advice, but it could apply to any investment - traditional or 'new'.

    Invest what you can afford to lose i.e. "enough to feel but not to hurt"


  • Registered Users Posts: 751 ✭✭✭Dayor Knight


    "The bubble's burst"

    Prices are rising. Well done genius.

    Why don't you read what I actually said.


  • Registered Users, Registered Users 2 Posts: 6,532 ✭✭✭EagererBeaver


    "The bubble's burst"

    Prices are rising. Well done genius.

    Why don't you read what I actually said.

    I did. Do you dispute that you said that the bubble has burst? It patently hasn't. LTC and ETH are at all time highs. BTC has tripled in the last three months. It may be on the verge of bursting. Who knows what will happen when the Wall Street money comes into play?

    One thing is certain though, as of now it hasn't burst. So, having thoroughly read what you wrote, you're pointedly wrong.


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  • Registered Users, Registered Users 2 Posts: 5,480 ✭✭✭Chancer3001


    I'm only selling if it hits 500. In for a couple years


  • Registered Users Posts: 751 ✭✭✭Dayor Knight


    I did. Do you dispute that you said that the bubble has burst? It patently hasn't. LTC and ETH are at all time highs. BTC has tripled in the last three months. It may be on the verge of bursting. Who knows what will happen when the Wall Street money comes into play?

    One thing is certain though, as of now it hasn't burst. So, having thoroughly read what you wrote, you're pointedly wrong.


    Maybe English is the problem. I said "bubbles burst". You invented the extra words and inverted commas to put it in the past tense. If you want to make some reasoned argument as to why it isn't a bubble etc, please do, these are just opinions, but if you've re-read my post thoroughly and you still think I said that the bubble had burst, I'm afraid I can't help you any further with that.


  • Registered Users, Registered Users 2 Posts: 6,532 ✭✭✭EagererBeaver


    Ah, my apologies. I assumed like many people on these threads you didn't know how to use an apostrophe.

    Cheerfully withdrawn!


  • Registered Users Posts: 538 ✭✭✭Shakey_jake


    I think what we can all agree on is that Crypto's are here to stay.

    It's the future


  • Registered Users, Registered Users 2 Posts: 6,532 ✭✭✭EagererBeaver


    The future of what? Value storing? Currency?


  • Registered Users Posts: 751 ✭✭✭Dayor Knight


    Ah, my apologies. I assumed like many people on these threads you didn't know how to use an apostrophe.

    Cheerfully withdrawn!

    Fair enough!


  • Registered Users Posts: 319 ✭✭fran426ft


    Looks like Lite went crazy over night. Hit about €180 on GDAX before a big correction. Unfortunately I had a sell order at €120. Didnt have much coin and profit is profit. Might go back in if it dips back down later.


  • Registered Users, Registered Users 2 Posts: 12,654 ✭✭✭✭machiavellianme


    Incredible night. Up 75% for a relatively big coin is almost unthinkable. This happens a lot with pump and dumps on the smaller alts but you don't expect it with any of the top 10 coins (ignoring iota).


  • Registered Users, Registered Users 2 Posts: 6,532 ✭✭✭EagererBeaver


    Not sure I have the balls to stay in much longer.


  • Registered Users, Registered Users 2 Posts: 12,654 ✭✭✭✭machiavellianme


    Nothing wrong with taking profit. Especially in apparently random spikes. You can always set a buy order for something more reasonable if you think it's going to revert. That's what I did anyway (for the same reason). Don't see another huge jump on the cards for this coin today, although crypto has proved me wrong many times before.


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  • Registered Users, Registered Users 2 Posts: 6,532 ✭✭✭EagererBeaver


    My passport and driving license are from different countries so trying to get ID verified on gdax taking its time, so can't get orders.

    Nothing wrong with taking profits, absolutely agree. My portfolio return in just over two months (when I panic sold LTC that I'd previously bought at 24 euro...) is just shy of 200%. But then I'm greedy and I want everything to go to the moon!


  • Registered Users, Registered Users 2 Posts: 2,339 ✭✭✭The One Doctor


    Someone, somewhere was pumping Litecoin. Litecoin almost always follows bitcoin. When bitcoin went sideways yesterday (and today) Litecoin should have followed it. Bit suspicious, considering.

    Disclosure: I'm annoyed I didn't get in yesterday but FOMO is always a bad idea.


  • Registered Users, Registered Users 2 Posts: 8,063 ✭✭✭BKtje


    My passport and driving license are from different countries so trying to get ID verified on gdax taking its time, so can't get orders.

    Nothing wrong with taking profits, absolutely agree. My portfolio return in just over two months (when I panic sold LTC that I'd previously bought at 24 euro...) is just shy of 200%. But then I'm greedy and I want everything to go to the moon!

    This caused me no problems for verification. Swiss driving licence, Irish passport card id.


  • Registered Users, Registered Users 2 Posts: 6,532 ✭✭✭EagererBeaver


    I've an Irish passport, a UK driving license and I live in Spain. Combination of the 3 possibly causing the issue.

    Anyway, it's with support. It'll happen when it happens.


  • Registered Users, Registered Users 2 Posts: 11,264 ✭✭✭✭jester77


    BKtje wrote: »
    This caused me no problems for verification. Swiss driving licence, Irish passport card id.

    Ever work out for you?

    I've the same issue, never had any luck.


  • Closed Accounts Posts: 6,299 ✭✭✭djPSB




  • Registered Users Posts: 628 ✭✭✭JaCrispy


    For once, my timing was impeccable. Just put 80% of my portfolio in LTC at the start of the week. Cashed it all out this morning. Please some nice drops now over Christmas so I can go back in.


  • Registered Users, Registered Users 2 Posts: 6,047 ✭✭✭Truckermal


    I stuck 2.5k into it today! I hope it works out..


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    Whats the deal with linking bank account on coinbase to sell? Is it a process which involves a long wait? My account has been verified and iv purchased a little litecoin but want to be ready to sell if i feel the need


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  • Registered Users, Registered Users 2 Posts: 176 ✭✭al2009


    Takes a few days. make sure account has same name as you registered with, i tried to link a different account to it and it was refused. Also having some issues with using a debit card.


  • Registered Users Posts: 482 ✭✭Klopp


    I have tried getting my account verified by uploading a copy of my Passport, it failed the first two times, both very clear pictures, and you could see everything. I tried using the App and taking a photo, i get an error my picture is more than 5Mb, i have tried adjusting the resolution.

    Any ideas?


  • Registered Users, Registered Users 2 Posts: 2,339 ✭✭✭The One Doctor


    Klopp wrote: »
    I have tried getting my account verified by uploading a copy of my Passport, it failed the first two times, both very clear pictures, and you could see everything. I tried using the App and taking a photo, i get an error my picture is more than 5Mb, i have tried adjusting the resolution.

    Any ideas?

    Use the flash is the first thing to try.


  • Registered Users Posts: 202 ✭✭3putt


    Flying up today


  • Registered Users Posts: 482 ✭✭Klopp


    I want to buy a chunk of Lite coin. I downloaded electrum wallet. I don't plan on day trading, I want to leave it for 6/12 months. Do you recommend transferring it all to the wallet, is there anything else that needs to be done?


  • Registered Users, Registered Users 2 Posts: 6,047 ✭✭✭Truckermal


    3putt wrote: »
    Flying up today

    Aye up nearly 900 quid in over 24 hours for me!


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  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    Truckermal wrote: »
    Aye up nearly 900 quid in over 24 hours for me!

    I only bought a grand sum of 1 litecoin at 76 euro. I wish I bought more. Maybe I should but who knows what way it will go.


  • Registered Users, Registered Users 2 Posts: 6,047 ✭✭✭Truckermal


    Autochange wrote: »
    I only bought a grand sum of 1 litecoin at 76 euro. I wish I bought more. Maybe I should but who knows what way it will go.

    Well if that ends up like the current Bitcoin it will make a nice nest egg! Nobody here knows what will happen it's all a gamble! I had that cash spare so it don't bother me if it goes tits up.


  • Banned (with Prison Access) Posts: 1,648 ✭✭✭Autochange


    Truckermal wrote: »
    Well if that ends up like the current Bitcoin it will make a nice nest egg! Nobody here knows what will happen it's all a gamble! I had that cash spare so it don't bother me if it goes tits up.

    Litecoin still pushing up. Currently at 161 euro.


  • Registered Users Posts: 250 ✭✭Sarah1916


    I only invested in Crytocurrency last week for the first time and decided to go with Litecoin.
    Safe to say I am delighted with myself.
    BUT I only invested with an amount I am willing to lose as we all know it can all go the other way at any time.


  • Registered Users, Registered Users 2 Posts: 3,001 ✭✭✭KilOit


    More than likely pull back after that run, wouldn't be the worst to take some profits


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