Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 166. (Read 1467291 times)

Hi guys, check out this Litecoin swot analysis

http://cryptoinvestorsguide.com

When writing this: "I have good reasons to." why not think about the consequences. Like out in the field where no one said: Hey people!!!

What makes you think this, why can't LTC go higher to let's say 500$? Any reason for your statement or you think will be a market correction that big?

Fall is the market's natural behavior, which is the charm of digital currency trading, if a substantial fall will increase the position of the buy

I’m predicting a $200 LTC soon the DMAs are so far down wouldn’t be surprised if we got another dip down to $155

In response to the fools who keep questioning why he sold all his coins, Charlie's comment is quite a revealing I think. ..

https://twitter.com/SatoshiLite/status/945891046751215616

...after reading that I'm quite happy to sit tight and see what early 2018 brings...

LTC currently facing resistance around the %50 Fibonacci retracement levels of $272.6. We anticipate selling in the zone of $272.60 and $292.589.
However, if it breaks out of $300, we can expect a retest of the highs.
On the other hand, failure of breakout above $300 will keep the LTC/USD pair range-bound between $240 and $300.

LTCUSD has formed higher lows and found resistance at the $280 level, creating an ascending triangle formation. Price is currently testing the resistance and could be due for a move back down to support or a breakout.LTCUSD has been unable to join in bitcoin’s recovery as weaker volumes for this particular cryptocurrency took its toll during the market holidays. Also, the dollar has been supported by the tax bill being signed into law before Christmas, ensuring stronger business activity and overall performance for the US economy in the months ahead.There are no major catalysts lined up for both litecoin and the US economy for the rest of the year so it’s likely the consolidation could continue in the next few days.

2018 will be interesting year for LTC.

Nice theory...

Want to buy 3 LTC for 0.06BTC, but only on https: //novaexchange.com when accessing the wallet where they lie! Through escrow! Because the deposits are already closed((

I dont know if LTC goes lower than that, but I am very optimistic it will go much higher starting 2018, I do believe it's a new begining for Litecoin! It is a great coin having so many advantages over Bitcoin, like faster tx and lower fees, and it's been in the shadow for years, but my quess is that LTC will be closer to ETH's value durring 2018!

The greatest thing about Litecoin for me is that you can mine it simultaneously with Bitcoin! 

Thumbs up! I see only positive things in LTC and bright future....2018 will be our year...

Agreed; the entire altcoin market (monitoring Bittrex alone); saw a roughly 22% median drop last night starting at roughly 11:50PM EST.  The average 24 Hour % Gain/Loss across all 197 Bittrex Markets dropped from a median of roughly 13.9% gain to a loss of -8.3% across all markets. The drop lasted roughly 40 minutes.

Litecoin holds an interesting place in the Altcoin economy. It has always been seen as Bitcoin's "Alternative" in terms of the first mainstream highly traded altcoin.

Also; Bitcoin faces some serious obstacles which it will need to overcome moving forward; one of which is the the transaction fee/block size/transactions per block issue.

As Bitcoin has no where near reached "mass adoption"; and the average transaction feed has skyrocketed (averaging roughly $17-$25). This is a major roadblock for Bitcoin. The utility of zero cost; or low cost transactions is no longer possible. For mass adoption to be even considered possible; this issue needs to be solved with a hardfork which is no where in sight.

How can the average person utilize bitcoin to make a basic purchase; or buy a $50 gift card through GYFT, when the TX Fee is $25?  And that's for a small KB transaction.  People who send Bitcoin from a wallet address that has multiple small inputs (dust transactions) will find their transaction fee exceeds the amount of Bitcoin they even have.

Litecoin has proven to be a in for the long run contender, and has survived the bloodbath of the Altcoin showdown we've seen in the past 2-3 years.

Lastly; the fact that the Lee sold his stake in LTC really means very little. As LTC is a decentralized cryptocurrency and he's agreed to remain onboard; he most likely has valid reasons and was transparent about his liquidation of his holdings. Something he was in no way required to do (as required by corporate executives in the fiat/stock markets).

The fact that he was transparent says a lot to me; and even it if was after; why would he announce his sale prior to liquidation.

LTC has held up well. I think factoring the above along with the sentiments being echoed in other above comments and on websites/coindesk/etc - LTC I think could have an extremely promising year moving forward.

Cheers!

Strato

LTC is a good example for how important it is to appeal to emotion rather than reason. 2018 will be an interesting year 

Other coins and tokens lost both volume and value in this recent correction in altcoin market whereas LTC sustained the gains. I see only low volume and price still at very good level with plenty of support and stable floor apparently. It is going to be ready very soon for next ride in near future.

290 and headed up 24 hrs later..relax and enjoy

Only if the Delist Btrash first ..lmao.

A lot of people are buying BTC for the fork on the 28th..segwit2x more free coins on the 29th money starts flowing back into LTC and trip to the moon continues  Cobb has an new piece about LN working really great so expect big things.