Buy Litecoin Inmediately. - page 4. | Bitcointalksearch.org

Fragbait

full member

Activity: 205

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Quote from: LoyceV on April 05, 2017, 03:31:07 AM

I've wondered (and asked) before why Litecoin would need SegWit, but never got an answer. For Bitcoin I get it: blocks are full, and transactions are slow and expensive. Current blocks have reached their limit.
Litecoin doesn't have any of these problems.

I've only found this on Reddit:

Quote

And segwit opens the door to the Lightning Network + a ton of devs building on top of it. Pretty huge.

-- rw-stott

Is this really worth the hype?

Bitcoin holders have no reason to diversify to Litecoin without SegWit+LN because that can't solve the scaling either (4x the capacity is not solving the scaling). Without scaling solution Litecoin is useless. Without Bitcoin holders diversifying to Litecoin there won't be huge price surge. Litecoin miners need to demonstrate to investors and developers that they are agile and willing to progress so those frustrated with Bitcoin stalemate can move forward.

Speculation:

Bitcoin will stay as it is, an immutable blockchain with high fees unable to scale to daily use
Litecoin will have LN
Litecoin will have Mimblewimble
=> LTC = 0.25 BTC

If we assume LTC will 25x against BTC, then if you diversify 4% of your current BTC holdings to LTC you have doubled your total BTC amount when that happens.

Frequency

hero member

Activity: 540

Merit: 500

COINDER

Quote from: kryptqnick on April 05, 2017, 03:19:09 PM

Quote from: Bemerand on April 05, 2017, 04:25:57 AM

Ok im buying. Tell me when to stop!

Nobody can. Some think litecoin is a half-dead currency and just a clone of btc. Others think it is one of the best and will show how good it is when btc will become too expensive. I believe ltc is rather an investment for a long time and I'm thinking about buying some now since it's growing in price very FAST. And yet $10 is not that much, so it's a nice chance to buy some.
But again, creating a wallet, finding a nice website to do the thing.. I guess I'll never be a trader because mostly this is what stops me.

I think it's time for you to check out for example KRAKEN.com ? start there and later create a wallet with own keys?

WarrEagle

hero member

Activity: 663

Merit: 501

Get On Board. That's all I have to say.

lite

legendary

Activity: 1400

Merit: 1009

Quote from: kryptqnick on April 05, 2017, 03:19:09 PM

Quote from: Bemerand on April 05, 2017, 04:25:57 AM

Ok im buying. Tell me when to stop!

Nobody can. Some think litecoin is a half-dead currency and just a clone of btc. Others think it is one of the best and will show how good it is when btc will become too expensive. I believe ltc is rather an investment for a long time and I'm thinking about buying some now since it's growing in price very FAST. And yet $10 is not that much, so it's a nice chance to buy some.
But again, creating a wallet, finding a nice website to do the thing.. I guess I'll never be a trader because mostly this is what stops me.

Price can also fall fast!! i bought at $9.5 and sold at $10.8 (didn't wanted to take risk) i made good profit lol. if price falls below $9 i'll be buying again few ltc and be holding for long term.

kryptqnick

legendary

Activity: 3094

Merit: 1385

Join the world-leading crypto sportsbook NOW!

Quote from: Bemerand on April 05, 2017, 04:25:57 AM

Ok im buying. Tell me when to stop!

Nobody can. Some think litecoin is a half-dead currency and just a clone of btc. Others think it is one of the best and will show how good it is when btc will become too expensive. I believe ltc is rather an investment for a long time and I'm thinking about buying some now since it's growing in price very FAST. And yet $10 is not that much, so it's a nice chance to buy some.
But again, creating a wallet, finding a nice website to do the thing.. I guess I'll never be a trader because mostly this is what stops me.

thejaytiesto

legendary

Activity: 1358

Merit: 1014

0.01 BTC psych barrier was crossed, looks like maybe it's time to give it a rest and buy cheaper in a couple of hours? only one way to find out.

blade87

hero member

Activity: 644

Merit: 500

Quote from: youarewrong on April 05, 2017, 01:26:57 PM

Yeah, watch them dump on you haha.

joeydangerous

sr. member

Activity: 350

Merit: 250

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Quote from: thejaytiesto on April 05, 2017, 02:21:22 PM

Big whale caught with a big ass wall:

Look at the 950k sats one

780 BTC that's insane

Pretty funny how I saw that wall disappear and appear a couple times.

Probably a whale with some short positions scared of the price going up and getting destroyed, or a whale accumulate under 0.001

So far it's holding pretty well

Edit: holy hell, just saw that wall get eaten in less than a minute

Coblee prolly eating his own coins.
lol jp

Let's go LTC! $11

thejaytiesto

legendary

Activity: 1358

Merit: 1014

Big whale caught with a big ass wall:

Look at the 950k sats one

780 BTC that's insane

Pretty funny how I saw that wall disappear and appear a couple times.

Probably a whale with some short positions scared of the price going up and getting destroyed, or a whale accumulate under 0.001

So far it's holding pretty well

Edit: holy hell, just saw that wall get eaten in less than a minute

Chef Ramsay

legendary

Activity: 1568

Merit: 1001

$10.fiddy. Wink

Keep procrastinating and then you'll panic fomo. Too bad that people couldn't see the writing (signaling) on the wall months ago about the direction that the LTC price was going to take. No vision means getting one's ass left behind unless you act accordingly, immediately.

youarewrong

newbie

Activity: 2

Merit: 0

Yeah, watch them dump on you haha.

darlidada

hero member

Activity: 723

Merit: 503

Quote from: iamnotback on April 05, 2017, 01:13:01 PM

It crossed 70% now!

Quote from: https://www.litecoinpool.org/pools#segwit

About 1951 GH/s, or 70.4% of the network (352 out of the last 500 blocks).

The above is for the blocks in the past 21 hours, so it is slightly forward looking as compared to the 24 hour requirement.

The huge jump in price will be when the Bitcoiners realize that Bitcoin is never going to get scaling, thus they won't be able to transact any more on Bitcoin (will be too expensive) and thus Litecoin will become the transaction coin that everybody is using. This still hasn't sunk into their hard heads yet.

How high in price you figure bitcoin will be when fees will be too expensive? like 100$ expensive; and btw, are you allin with all your crypto in LTC right now? I only have a few, bdcause allin seems risky but you always had a knack to do good bets based on fundamental analysis!

iamnotback

sr. member

Activity: 336

Merit: 265

It crossed 70% now!

Quote from: https://www.litecoinpool.org/pools#segwit

About 1951 GH/s, or 70.4% of the network (352 out of the last 500 blocks).

The above is for the blocks in the past 21 hours, so it is slightly forward looking as compared to the 24 hour requirement.

The huge jump in price will be when the Bitcoiners realize that Bitcoin is never going to get scaling, thus they won't be able to transact any more on Bitcoin (will be too expensive) and thus Litecoin will become the transaction coin that everybody is using. This still hasn't sunk into their hard heads yet.

crypticj

sr. member

Activity: 873

Merit: 268

Smartest thing i did was to load up on Litecoin last night.

NorrisK

legendary

Activity: 1946

Merit: 1007

I agree that litecoin is a buy at this moment. apart from the initial bump in price, it hasn't made any big moves yet. These LTC/BTC ratios are still extremely low and it has been sustainably higher for long periods in the past.

I wouldn't be surprised if we went to 20 usd or more this month.

kelsey

legendary

Activity: 1876

Merit: 1000

Quote from: Ayers on April 05, 2017, 06:17:27 AM

it's unknown why bitcoin mienrs don't want segwit but litecoin miner liek segwit? they both would lose in fee right? why litecoin miners have decided to activate anyway, there is not blockstream for litecoin, this whole story doesn't make sense for me

because Coblee sold them the angle that it will significantly increase the value of the coins they have/will mine which will more then make up for any perceived fee loss (btw we are talking here not segwit but what comes after like LN etc).

like most economic models if you work for what benefits the whole it generally also works out to be whats best for you. but thats lost on so many facets of the bitcoin community.

Sniper44

hero member

Activity: 714

Merit: 501

Quote from: Ayers on April 05, 2017, 06:17:27 AM

it's unknown why bitcoin mienrs don't want segwit but litecoin miner liek segwit? they both would lose in fee right? why litecoin miners have decided to activate anyway, there is not blockstream for litecoin, this whole story doesn't make sense for me

i seriously doubt these two statements have anything to do with each other!
and it seems that you have forgotten who started signalling SegWit for litecoin a couple of days ago. it was F2Pool. and yes they are both big on litecoin and on bitcoin.
this may be a test to then move on stronger to bitcoin.

Quote from: loreRex on April 05, 2017, 03:42:51 AM

At they show that the coin is moving...
I agree that It would be nice to have some technical explanation.

it's because litecoin is activating segwit, this the reason for the price rosing at the moment, but it's not a real pump look the price went from 0.005 to 0.007, to me it look like a price correction than a pump, but they are hyping it to make the pump start

the price rise actually started before any change in segwit activation percentage and then it speed up after the increase in that percentage support (currently around 70%) and i believe it will speed up more when it passes 75% (the target) and then it will be easy rise.

Topic: Buy Litecoin Inmediately. - page 4. (Read 10434 times)