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Topic: +75% jump for Litecoin (Read 1106 times)

member
Activity: 351
Merit: 10
February 06, 2018, 11:21:42 PM
#48
Hey guys,

Yesterday I noticed a +75% jump for Litecoin LTCUSD. Any clue of what just appened there ??

I think ltc will jump and fly higher again 1-2 weeks ahead. I hope you stay there. yesterday many people running away from this line they regret it now
very unusual this was unexpected. yeah coordination between btc and ltc so good
legendary
Activity: 1498
Merit: 1030
February 06, 2018, 10:15:05 PM
#47
The bad part from the standpoint of miners is that SOMEONE deployed a TON of hashrate into Litecoin between about 4 December 2017 and 10 December 2017 - literally DOUBLING the total network hashrate in a WEEK.

 45 (more or less) TERRAHASH - when the biggest miner that had even been ANNOUNCED at the time only did about 600 - at LEAST 75000 new miners in a week out of SOMEWHERE.

 Might have been a combination thing - LW.com dropping a new batch into their farm + Bitmain shipping their latest L3+ batch + Innosilicon, but that is STILL the equivalent of all miners shipped in the first 11 months of 2017 COMBINED and then a bit.

There aren't a lot of other Scrypt coins, and all of them COMBINED couldn't come up with that kind of hashrate.


 I was wondering why my profitability since Litecoin slipped back down in price had COMPLETELY died.



 Price wise, Litecoin has almost held on as well as Ethereum, both have held on better than Bitcoin, during the current month.
 It also didn't start climbing 'till almost 2 weeks AFTER BTC and ETH started their December "big jump" - but it caught them very quickly on a percentage of jump basis.



People don't focus on Iota, it's FAR too little known.
In fact, your mention of it is the first time I've HEARD OF it.
They focus on RIPPLE more....





sr. member
Activity: 644
Merit: 253
Change Your Worlds Build a New Era!
December 11, 2017, 02:24:27 PM
#46
Hey guys,

Yesterday I noticed a +75% jump for Litecoin LTCUSD. Any clue of what just appened there ??

Bitcoin price jumped to $16K, pair bitcoin-litecoin raised a bit(from 0.009BTC per LTC to 0.011btc per LTC) there you go. Litecoin price jumped from 75$ to nearly 200$. If this tend continue we could see even higher price.
Oh, why? Ether and bitcoin are stuck? Maybe that is the reason. People switched to LTC.
full member
Activity: 783
Merit: 100
December 11, 2017, 02:18:58 PM
#45
litecoin has shown a good price movement by raising + 75% to date. litecoin in 2018 will be one of the coins that have good price and also high selling value. very potential if holding litecoin until 2018.
copper member
Activity: 61
Merit: 0
CoinCaps.net
December 11, 2017, 12:56:54 PM
#44
Charlie seems to be dedicated to seeing Litecoin's price rise.  Having such a vocal creator must be helpful at gaining recognition from those just learning about crypto.
full member
Activity: 630
Merit: 103
December 11, 2017, 12:52:20 PM
#43
its not to late to invest in Litecoin!2018 it will boom!Moooonnnnn

i dont think so. it already pumped.
i do not think it will be a big rise. if it goes up to $ 200, maybe my idea might change Cheesy
member
Activity: 122
Merit: 10
December 11, 2017, 12:51:02 PM
#42
The price of Litecoin jump much after Bitcoin jump, i think this is normal because Litecoin always bump after bitcoin bump.
member
Activity: 742
Merit: 10
December 11, 2017, 12:12:48 PM
#41
its not to late to invest in Litecoin!2018 it will boom!Moooonnnnn
full member
Activity: 238
Merit: 100
Presale Starting May 1st
December 11, 2017, 11:51:27 AM
#40
This probably happened due to ethereum problems and bitcoin's fee/speed issues. I actually loved to see litecoin being alternative to biggest 2 coins in this situation. It means its great coin.
member
Activity: 116
Merit: 100
December 11, 2017, 11:26:59 AM
#39
going back to 0.02 LTC/BTC soon.  A lot of testing on lightning network and atomic swap going on for litecoin development team.

Going back to or going up to? The correct one is going up to 0.02BTC for litecoin in near future. Chinese guys are speculating good in Assian exchanges for litecoin. The development will be the key here for LTC.
full member
Activity: 392
Merit: 103
December 11, 2017, 11:19:09 AM
#38
Litecoin has long been forgotten and people only focus on Btc, Ethereum and IOTA
Litecoin again said "I am here"
sr. member
Activity: 478
Merit: 250
December 11, 2017, 10:54:19 AM
#37
going back to 0.02 LTC/BTC soon.  A lot of testing on lightning network and atomic swap going on for litecoin development team.
copper member
Activity: 112
Merit: 0
December 11, 2017, 10:24:56 AM
#36
Ouch, I wanted to buy Litecoins when they were around 50 bucks. I had little money and invested all in bitcoins. Wont say it didn't pay off, I doubled my investment. But now I wish I had some litecoins.  Sad

Once it drops I will try to buy a couple of them.

Sure thing Mrmuricy, I will get some more too !
newbie
Activity: 42
Merit: 0
December 11, 2017, 10:22:06 AM
#35
Ouch, I wanted to buy Litecoins when they were around 50 bucks. I had little money and invested all in bitcoins. Wont say it didn't pay off, I doubled my investment. But now I wish I had some litecoins.  Sad

Once it drops I will try to buy a couple of them.
copper member
Activity: 112
Merit: 0
December 11, 2017, 09:50:51 AM
#34
Guys, looks like we got another big jump  Grin

+25%

member
Activity: 204
Merit: 10
December 10, 2017, 08:57:33 PM
#33
I think people ate beginning to get afraid of bitcoin's soaring prices. Anything could happen.
So switching to 'lite' bitcoin wouldn't hurt, you know.

Maybe yes. But not all bitcoiners switch their bitcoin into litecoin.
But this alarm us to aware to litecoin now. So not only bitcoin can grow much but litecoin can be growing too.
member
Activity: 84
Merit: 10
December 10, 2017, 08:48:55 PM
#32
Litecoin is the better choice for investing anyways. Once the public learns about altcoins, the money is going to be poured into successful altcoins. Bitcoin has too many flaws right now to be integrated into the general community and there a ton of altcoins that solves the problem. Invest now into altcoins and wait a few years to gather some profits.

I personally have some money in ETH/LTC and zero in BTC.
member
Activity: 212
Merit: 15
December 10, 2017, 08:48:32 PM
#31
wow it's a good news,another altcoin now is dumping. different with this one
sr. member
Activity: 291
Merit: 250
December 10, 2017, 08:46:22 PM
#30
It was a nice jump.
Love it
newbie
Activity: 5
Merit: 0
December 10, 2017, 08:01:12 PM
#29
Pump and Dump... Whales that are bored of playing BTC and want to try something cheaper.
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