[ANN] Litecoin - a lite version of Bitcoin. Launched! - page 271.

thevictimofuktyranny

legendary

Activity: 1092

Merit: 1004

Quote from: TravelsAsia on June 22, 2016, 05:36:17 PM

Quote from: litecoingva on June 22, 2016, 04:36:17 PM

why ltc dump ? whats happend ?

People are coming to their senses?

Short-sellers lost a small fortune on Ethereum and TheDAO mega-dump Shocked

The issue for the short-sell disappeared within 36 hours and price rebounded!

Then no-one was willing to buy BTC for dollars or pounds at $600 plus, which meant there had to be a dump on BTC Fiat Currency Prices.

Anyway, all of that represented significant losses.

Easy way to recover the losses, cut the price of LTC on the exchanges by 25%, which is still produced significant amounts (5 million LTC per year).

Spend the next 2 years, buying LTC at 25% suppressed prices, and correct the price around 5 months before the next Block Halving in 2019.

Only losers in this are LTC mining businesses, but they have no choices, because they have to sell their daily LTC production.

Everyone wins, excepts of the ASIC mining businesses.

TravelsAsia

sr. member

Activity: 448

Merit: 250

Quote from: litecoingva on June 22, 2016, 04:36:17 PM

why ltc dump ? whats happend ?

People are coming to their senses?

coinsplz777

jr. member

Activity: 58

Merit: 10

was this a China dump?

litecoingva

full member

Activity: 286

Merit: 100

in LTC i trust

why ltc dump ? whats happend ?

coinsplz777

jr. member

Activity: 58

Merit: 10

any words from the developers?

Friendlyman

newbie

Activity: 17

Merit: 0

Quote from: intrader on June 16, 2016, 10:49:13 AM

Quote from: CryR on June 16, 2016, 09:06:21 AM

bitcoin hit ath = litecoin moon (I hope/believe this will happen again!) Cool

Maybe will not happen again LTC down slowly from 0.0086btc to 0.0072btc in a week I think will break below 0.007btc sooner

ups nope

intrader

hero member

Activity: 659

Merit: 502

Quote from: CryR on June 16, 2016, 09:06:21 AM

bitcoin hit ath = litecoin moon (I hope/believe this will happen again!) Cool

Maybe will not happen again LTC down slowly from 0.0086btc to 0.0072btc in a week I think will break below 0.007btc sooner

thevictimofuktyranny

legendary

Activity: 1092

Merit: 1004

Quote from: CryR on June 16, 2016, 09:06:21 AM

bitcoin hit ath = litecoin moon (I hope/believe this will happen again!) Cool

The next Block Halving in 2019 will be the point when the BTC and LTC will begin decoupling.

When LTC, get's to around $10, then private entrepreneurs will find setting up Escrow services profitable country by country (bank transfer/cash to LTC), again.

This, in turn will reduce LTC to exchanges and short-sellers will find themselves unable to refill shorted positions with replacement supplies from ASIC Mining businesses.

The breakdown of Escrow system, when LTC fell below $10, is the basis of current BTC to LTC linkage.

Combined with the loss of GPU mining support, before the 1st Block Halving.

PREMATURE ASIC MINING EQUIPMENT, BEFORE THE 1ST BLOCK HALVING, SELDOM BENEFITS THE ORIGINAL Satoshi Nakamoto DESIGN, WHEN AN INCREASE IN THE MAX COIN SUPPLY HAS BEEN MADE.

Therefore, the bigger the max coin supply change, the more important it is to delay ASIC MINING HARDWARE well after the 1st Block Halving or even 2nd Block Halving and sometimes the 3rd Block Halving.

CryR

full member

Activity: 210

Merit: 100

kcin obazs

bitcoin hit ath = litecoin moon (I hope/believe this will happen again!) Cool

Hueristic

legendary

Activity: 3836

Merit: 4969

Doomed to see the future and unable to prevent it

Quote from: TheMage on June 05, 2016, 03:34:21 PM

Quote from: Belligerent Fool on June 05, 2016, 11:41:54 AM

Quote from: ?? on ??

this coin looks pretty good~

Wow dude I noticed you posting the same thing in every thread in the last 24 hours, then you sign up for a signature campaign and expect them to accept you & pay you for your "Quality 5 Word Posts" ? Roll Eyes

But yes you are right about this coin, Litecoin is pretty darn good, it was the 1st Scrypt coin before the popular, loveable meme coin DOGE.

Looks like someone deleted his post haha!

Just for history's sake, Litecoin was not the first alt coin (I dont think it was the first scrypt either). It is however the oldest and most successful alt coin.

Is the ICO over?

TheMage

hero member

Activity: 812

Merit: 1000

Litecoin Association Director

Quote from: Belligerent Fool on June 05, 2016, 11:41:54 AM

Quote from: ?? on ??

this coin looks pretty good~

Wow dude I noticed you posting the same thing in every thread in the last 24 hours, then you sign up for a signature campaign and expect them to accept you & pay you for your "Quality 5 Word Posts" ? Roll Eyes

But yes you are right about this coin, Litecoin is pretty darn good, it was the 1st Scrypt coin before the popular, loveable meme coin DOGE.

Looks like someone deleted his post haha!

Just for history's sake, Litecoin was not the first alt coin (I dont think it was the first scrypt either). It is however the oldest and most successful alt coin.

Belligerent Fool

legendary

Activity: 1218

Merit: 1001

Quote from: ?? on ??

this coin looks pretty good~

Wow dude I noticed you posting the same thing in every thread in the last 24 hours, then you sign up for a signature campaign and expect them to accept you & pay you for your "Quality 5 Word Posts" ? Roll Eyes

But yes you are right about this coin, Litecoin is pretty darn good, it was the 1st Scrypt coin before the popular, loveable meme coin DOGE.

hoie6060

full member

Activity: 192

Merit: 100

Quote from: speaktome on June 01, 2016, 09:09:43 PM

Could increase value LTC after BTC halving?

If you refer to the absolute value (in $USD), it will depend on whether BTC price will stay strong after its halving, or whether there will have any other good news for LTC after that.

Caladonian

hero member

Activity: 1302

Merit: 540

lite slowly moving good now even in small ways as i seen that there's some new alt used lite to trade and exchange it to btc after the trade, if all of this continue lite will awaken and rise up again together with btc.

speaktome

sr. member

Activity: 462

Merit: 250

Could increase value LTC after BTC halving?

Nthused

legendary

Activity: 1554

Merit: 1001

I've still got a couple of Physical Un-marked Lealana LTC coins loaded with 1 Litecoin each lol

They will stay that way until the end of time

Cryptoadvice_82

sr. member

Activity: 329

Merit: 250

LOL...75$?

https://twitter.com/CointraderGuy/status/736202660345348097

Cryptoadvice_82

sr. member

Activity: 329

Merit: 250

Someone knows when the roadmap will come?

Belligerent Fool

legendary

Activity: 1218

Merit: 1001

Indeed LTC always follows on the back of BTC.

If Bitcoin was worth $2 then Litecoin would be worth 20 cents hahaha Cheesy

John Constantine

full member

Activity: 126

Merit: 100

And Litecoin following the trend.

Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 271. (Read 1467278 times)