The Litecoin Thread

Dohnjoe · 05-05-2018 1:10pm

Bob24 wrote: »

Could be relevant as a short term speculative asset, but I’m not sure about the long term though.

If you compare to other major cryptos, it’s no bitcoin in terms of recognition as a store of value, and Ethereum or Ripple seem much better engaged in terms of technology and/or finding practical applications.

It's a trading pair coin, long established, the "lower price per coin" is more attractive to newer buyers, low fees, few forks. When the market dives or goes into a bear, it's seen as a safer coin than many of the alts, and is less volatile during those periods than many other coins

Chancer3001 · 05-05-2018 1:37pm

Bitcoin is the store

Ethereum the tech

Litecoin the currency

That's mainly how they're marketed

el diablo · 05-05-2018 4:43pm

Truckermal wrote: »

Nice gains to be seen today for any of us who bought cheap!:)

What's your definition of "cheap"?

Truckermal · 05-05-2018 5:03pm

el diablo wrote: »

What's your definition of "cheap"?

Bought at €91..

UnknownEntity · 05-05-2018 5:24pm

el diablo wrote:

What's your definition of "cheap"?

I would say that anything from the last dip is cheap i.e below 110â‚¬

djPSB · 14-08-2018 8:32pm

Will it bounce back? Or is it doomed.

Bob24 · 14-08-2018 8:39pm

djPSB wrote: »

Will it bounce back? Or is it doomed.

Could be wrong but I don't think it's looking good.

brendanwalsh · 14-08-2018 11:09pm

God help the desperate Suckers who bought this at 300euro.

Charlie lee dumping his stack should have been the big clue here. Game is rigged against the smaller player.

Truckermal · 15-08-2018 5:46am

brendanwalsh wrote: »

God help the desperate Suckers who bought this at 300euro.

Charlie lee dumping his stack should have been the big clue here. Game is rigged against the smaller player.

It don't seem to be looking good for any of them at the moment!

rapul · 15-08-2018 10:03am

Aye ,litecoin seems to be just stagnating, had luckily sold alot a while back for a nice price but it's very tempting to pick up a few again ,will wait till it gets closer to 40 Euro I think

Dohnjoe · 15-08-2018 12:48pm

brendanwalsh wrote: »

God help the desperate Suckers who bought this at 300euro.

Charlie lee dumping his stack should have been the big clue here. Game is rigged against the smaller player.

The whole market is down, it's bizarre how some people are using that to single out particular coins

Charlie Lee sold in order to avoid conflict of interest. If he held coins, critics claimed any statements on LTC he made was to pump his own stack, when he sold, critics claimed he had no faith. Damned if he did, damned if he didn't

brendanwalsh · 15-08-2018 1:13pm

Dohnjoe wrote: »

The whole market is down, it's bizarre how some people are using that to single out particular coins

Charlie Lee sold in order to avoid conflict of interest. If he held coins, critics claimed any statements on LTC he made was to pump his own stack, when he sold, critics claimed he had no faith. Damned if he did, damned if he didn't

He conveniently sold at the ATH price though.

Dohnjoe · 15-08-2018 1:23pm

I would have thought that was the financially prudent thing to do? a significant part of those funds went to the LTC foundation

Frozen Veg · 03-04-2019 10:06am

Litecoin has surpassed the $80 mark. 20% rise in 24 hours, 33% in 7 days.

kellbag91 · 03-04-2019 10:10am

Frozen Veg wrote: »

Litecoin has surpassed the $80 mark. 20% rise in 24 hours, 33% in 7 days.

Can't believe it. What do ya recon on it holding that as a base. Might just be a quick pump.

Frozen Veg · 03-04-2019 10:23am

kellbag91 wrote: »

Can't believe it. What do ya recon on it holding that as a base. Might just be a quick pump.

I think it will bull some more. It previously surpassed $300 although it may not reach that again in the next few months, it may continue to climb slowly.

kellbag91 · 03-04-2019 10:41am

Frozen Veg wrote: »

I think it will bull some more. It previously surpassed $300 although it may not reach that again in the next few months, it may continue to climb slowly.

I bought some before the last big pump thinking it was only set to go up like bitcoin. Haven't touched it since. Between the news of Charlie Lee off loading his share it's hard to guess the long-term value of it. I think the 300 euro mark might be the top value of it.

Frozen Veg · 03-04-2019 5:36pm

Now at $92.68. A 31% rise today. Holy God.

Dohnjoe · 03-04-2019 5:50pm

Unsustainable rise, ridiculous stuff

tacofries · 03-04-2019 5:55pm

Trying to remember the exchanges all of my coins are on !! Nice little profit at that price!

CelticRambler · 03-04-2019 9:11pm

Swapped out a few Litecoin for other currencies about a month ago and dithered over putting some into BCH, but as it was matching ETH to within a couple of Euro I decided against it. Now look at it!

Shame those free LCC are stuck in the sludge of a forgotten barrel!

Dohnjoe · 03-04-2019 9:24pm

Crypto is mostly an exercise in avoiding decisions that will result in future regret. The "buy stuff and forget about it for years" tactic seems to be best

Frozen Veg · 04-04-2019 10:25am

$2.7B pumped into it in 18 hours yesterday.

Frozen Veg · 03-05-2019 12:12pm

A nice 7% jump today approaching the $80 mark.

Frozen Veg · 06-06-2019 10:07am

https://www.fxstreet.com/cryptocurrencies/news/litecoins-hashrate-hits-all-time-high-201906050301

Frozen Veg · 07-06-2019 10:04am

'There is a strong possibility that Litecoin could reach $200 by halving date on August 6th. Considering it went parabolic in December 2017 pumping from $100 to over $360 in less than two weeks on pure fomo, a move from here to $200 does not appear that farfetched. At the time of writing Litecoin was trading at $113, boosted 10 percent during the Asian trading session. The next 60 days are going to see a lot of action on the Litecoin charts.'

https://www.newsbtc.com/2019/06/07/litecoin-lifted-9-as-halving-nears-can-it-hit-200-in-60-days/

Truckermal · 07-06-2019 5:43pm

Frozen Veg wrote: »

'There is a strong possibility that Litecoin could reach $200 by halving date on August 6th. Considering it went parabolic in December 2017 pumping from $100 to over $360 in less than two weeks on pure fomo, a move from here to $200 does not appear that farfetched. At the time of writing Litecoin was trading at $113, boosted 10 percent during the Asian trading session. The next 60 days are going to see a lot of action on the Litecoin charts.'

https://www.newsbtc.com/2019/06/07/litecoin-lifted-9-as-halving-nears-can-it-hit-200-in-60-days/

I'd say it will go over it, any of ye take a gamble on it when it hit rock bottom? Litecoin was my first investment in 2017 and I made a ton of money from it!

Dohnjoe · 07-06-2019 6:56pm

Truckermal wrote: »

I'd say it will go over it, any of ye take a gamble on it when it hit rock bottom? Litecoin was my first investment in 2017 and I made a ton of money from it!

2014, still holding

Frozen Veg · 11-06-2019 8:13pm

The Top performer by far over the past couple of months. Great stuff.

rapul · 11-06-2019 8:48pm

Highest its been in over a year aswell, wish I'd bought more when it was under 30 not so long ago!

el diablo · 11-06-2019 9:48pm

rapul wrote: »

Highest its been in over a year aswell, wish I'd bought more when it was under 30 not so long ago!

We all do.

Wonder will it dump hard after the halvening.

rapul · 11-06-2019 10:28pm

el diablo wrote: »

We all do. Wonder will it dump hard after the halvening.

I know one has to wonder, I'm considering buying another few now when I get home from work tbh, but might wait for slight dip but I have feeling litecoin will not be dropping heavy anytime soon even with halvening

kellbag91 · 13-06-2019 2:48pm

So what are people's price expectations. I've heard alot of talk about it dumping after the halving. Part of me thinks we might see a 200 euro coin just before.

Chancer3001 · 13-06-2019 5:31pm

it will defo crash after the halving.

the whales dominate the market. into LTC for before the halving. Sell off just before/after.

On to the next coin where the attention is

Dohnjoe · 13-06-2019 6:53pm

Chancer3001 wrote: »

it will defo crash after the halving.

the whales dominate the market. into LTC for before the halving. Sell off just before/after.

On to the next coin where the attention is

It's very unlikely the coin will "peak" right before the halving, traders are well ahead of the curve. This could have been the run now, with a slow bleed. But then again it's crypto no telling exactly what will happen

stockshares · 14-06-2019 9:18am

Lads is the drop now a normal correction

Grumpypants · 14-06-2019 11:21am

If you love charts the way crypto loves charts and think it will follow suit compared to the last halving then keep your eye on June 22. That's 45 days out and it was 45 days out the last time when it lost 70+%.

If it rallies to anywhere near €200 over the next week, ill sell mine at that point.

stockshares · 14-06-2019 12:50pm

Grumpypants wrote: »

If you love charts the way crypto loves charts and think it will follow suit compared to the last halving then keep your eye on June 22. That's 45 days out and it was 45 days out the last time when it lost 70+%.

If it rallies to anywhere near €200 over the next week, ill sell mine at that point.

Thanks for the tip

stockshares · 19-06-2019 1:02pm

Litecoin debit card

https://dailyhodl.com/2019/06/18/litecoin-launching-debit-card-to-spend-ltc-like-regular-cash/

stockshares · 27-06-2019 8:12am

LTC 50% dump warning

kellbag91 · 27-06-2019 9:52am

Is anyone still holding, I've been trying to time the top of this but we have lost alot of value in the last 24hrs.
Any price predictions.

stockshares · 27-06-2019 10:34am

kellbag91 wrote: »

Is anyone still holding, I've been trying to time the top of this but we have lost alot of value in the last 24hrs.
Any price predictions.

I sold but I could be wrong, maybe theres goin to be a final pump before the halving.

kellbag91 · 27-06-2019 10:40am

I just sold there myself I've been hodling for a few years now. Might get back in at the correction.

el diablo · 27-06-2019 6:09pm

According to Bix Weir on YouTube Litecoin will hit $25,000 this year and $250,000 in 2020. This guy is an absolute lunatic. :eek::rolleyes:

stockshares · 27-06-2019 6:23pm

Just seen the price atm is €103, down from €126

I wonder will they try pump it before the halving

el diablo · 27-06-2019 6:31pm

stockshares wrote: »

Just seen the price atm is €103, down from €126

I wonder will they try pump it before the halving

Or maybe we've already had our LTC pump and it'll continue to drop from here.

stockshares · 27-06-2019 7:06pm

el diablo wrote: »

Or maybe we've already had our LTC pump and it'll continue to drop from here.

Yes, I sold this morning. It was the only decision I got right today by the looks of things

Dohnjoe · 27-06-2019 8:26pm

stockshares wrote: »

Yes, I sold this morning. It was the only decision I got right today by the looks of things

Just a thought: if it goes up to $200, holds, and then goes up to $2000 in a mad bull run, can you handle that? if yes, then no issues. If no, then "holding" could be a better strategy

stockshares · 29-06-2019 7:46pm

LTC has recovered from €103 to €117.

Does anyone think it will surpass this month's high of €125 and then double before the halving.

I've been looking at the charts on the phone and it's hard to predict.

Frozen Veg · 29-06-2019 10:07pm

stockshares wrote: »

LTC has recovered from €103 to €117.

Does anyone think it will surpass this month's high of €125 and then double before the halving.

I've been looking at the charts on the phone and it's hard to predict.

Nobody knows.

The Litecoin Thread

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