there are still a lot of weak hands in the litecoin market who are selling their short positions cheap and prevent the faster rise but overall looking at the charts, it is rising and analysis points to a higher price.
with this recent news about Segwit and batpool signalling it, i believe many things are going to change and the hype alone can cause a big pump as we have been expecting months ago when segwit first started on litecoin.
now the question is how much?
we have seen 0.03BTC for litecoin recently and with all the other altcoins getting dumped these days i say we can expect it again and even go up to 0.05BTC this time around.
Topic: Buy Litecoin Inmediately. - page 5. (Read 10485 times)
So much hashing power coming online bye bye mom and pop miners.
Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.
Nice game hardware makers... almost 700ghz came online in 5 days. that was equivalent to 30% of total hash oustanding.
Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.
Nice game hardware makers... almost 700ghz came online in 5 days. that was equivalent to 30% of total hash oustanding.
Hashrate went up 30% but the price up 125%. I told you already that ASIC supply is constrained. Mom and pop miners are making a killing right now on LTC, if they signal SegWit and sustain the price rise to $50 due to the exclusive on scaling that Litecoin will have and Bitcoin will NEVER get.
I am very very skeptical i think hardware makers control a lot of supply of Litecoin and they can move/manipulate market by pumping Litecoin they know they can move Litecoin on one exchange by buying $100k worth of to create artificial constraint. Once they move the price by few bucks it has momentum and the community and speculators take over after that all they have to do is switch on hashing power mint more litecoin to bring there average cost per litecoin down and at the same time make a killing selling all the hardware @ $2000 a pop. once enough sales of hardware accomplished they can dump coin and release hardware.
the reason they do major release like available date of April 24th is so they can maximize there sales. where 1000s of l3 or A4 are sold and you have no idea how much hash is hitting the network because if you did you would know that you would not recover your initial investment in 6 months, as the difficulty spikes. Only Hope for Miners to recoup investment cost is to hope and pray that price per coin keeps rising.
enough rambling for tonight... time for sleep. GN>
But why would the ASIC manufacturers want a lower LTC price in any case? The only acrimony is over those miners who want to block SegWit (i.e. Bitmain) and those who don't.
Even if they dump their coins and sell their hardware, if the price is rising faster than the supply due to Litecoin having an exclusive on Lightning Networks scaling because Bitcoin will never get it, then Blockstream is forced to develop for Litecoin instead of Bitcoin, then why wouldn't the LTC price fulfill the chart destiny which I showed to $50 and beyond?
P.S. I agree PoW mining is a manipulated mess.
Man I don't know if i am sleepy or tired but you are starting to make more and more sense interms of Litecoin having real potential.
So I just bought 50 LTC 2 min ago and not going to sell the ones I have and the Ones I mine also converting some BTC to LTC more like .25 BTC.
Hope you are right... but you argument makes perfect and logical sense to me.
Here is to LTC to $50
So much hashing power coming online bye bye mom and pop miners.
Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.
Nice game hardware makers... almost 700ghz came online in 5 days. that was equivalent to 30% of total hash oustanding.
Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.
Nice game hardware makers... almost 700ghz came online in 5 days. that was equivalent to 30% of total hash oustanding.
Hashrate went up 30% but the price up 125%. I told you already that ASIC supply is constrained. Mom and pop miners are making a killing right now on LTC, if they signal SegWit and sustain the price rise to $50 due to the exclusive on scaling that Litecoin will have and Bitcoin will NEVER get.
I am very very skeptical i think hardware makers control a lot of supply of Litecoin and they can move/manipulate market by pumping Litecoin they know they can move Litecoin on one exchange by buying $100k worth of to create artificial constraint. Once they move the price by few bucks it has momentum and the community and speculators take over after that all they have to do is switch on hashing power mint more litecoin to bring there average cost per litecoin down and at the same time make a killing selling all the hardware @ $2000 a pop. once enough sales of hardware accomplished they can dump coin and release hardware.
the reason they do major release like available date of April 24th is so they can maximize there sales. where 1000s of l3 or A4 are sold and you have no idea how much hash is hitting the network because if you did you would know that you would not recover your initial investment in 6 months, as the difficulty spikes. Only Hope for Miners to recoup investment cost is to hope and pray that price per coin keeps rising.
enough rambling for tonight... time for sleep. GN>
But why would the ASIC manufacturers want a lower LTC price in any case? The only acrimony is over those miners who want to block SegWit (i.e. Bitmain) and those who don't.
Even if they dump their coins and sell their hardware, if the price is rising faster than the supply due to Litecoin having an exclusive on Lightning Networks scaling because Bitcoin will never get it, then Blockstream is forced to develop for Litecoin instead of Bitcoin, then why wouldn't the LTC price fulfill the chart destiny which I showed to $50 and beyond?
My logic with minning and what I have in such (scrypt pow) and what I just put in with L3's is more 'modest' ..even if Litecoin plugs along as it has kinda sorta to BTC's $1,000 price
at $4-$5 say ratio of say it stablizes at 0.006 ltc to btc and BTC hits $3k of coin price in say 1 year (as the pundits state) ..this is my $18 buck price...but this was before the
segregated witness looked likely and this last to $9 ltc price pump. MY above was just litecoin acting like litecoin as it has the last 3 years.....
with the hype /segregated witness/mimblewimble/etc and the excitement among crypto/devs/users..well you could make a 'conservative' imho bet of $25 coin with BTC at say
$2k to $3k
Boring also works. Not to mention at 0.077 elec for me and the amount of scrypt pow hash I could STILL hash my way out of a $5 or $6 LTC hole (with all my hash) and double
the difficulty ....even if after say 15-17 months I just traded $$$ to Equip to LTC mining back to $$$ and am even steven (traded oranges to oranges) ...ie only mined my way
even out of the hole I put myself in with equip and difficulty rise of everyone doing the same
Done that before in 2014..it sucked...but muddled thru Anyway I like your 'views' better...of $25 to $50 LTC prices.....just saying even the above with my mining operation...scaling it back .becomes a fact..well that works just dandy as well
So much hashing power coming online bye bye mom and pop miners.
Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.
Nice game hardware makers... almost 700ghz came online in 5 days. that was equivalent to 30% of total hash oustanding.
Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.
Nice game hardware makers... almost 700ghz came online in 5 days. that was equivalent to 30% of total hash oustanding.
Hashrate went up 30% but the price up 125%. I told you already that ASIC supply is constrained. Mom and pop miners are making a killing right now on LTC, if they signal SegWit and sustain the price rise to $50 due to the exclusive on scaling that Litecoin will have and Bitcoin will NEVER get.
I am very very skeptical i think hardware makers control a lot of supply of Litecoin and they can move/manipulate market by pumping Litecoin they know they can move Litecoin on one exchange by buying $100k worth of to create artificial constraint. Once they move the price by few bucks it has momentum and the community and speculators take over after that all they have to do is switch on hashing power mint more litecoin to bring there average cost per litecoin down and at the same time make a killing selling all the hardware @ $2000 a pop. once enough sales of hardware accomplished they can dump coin and release hardware.
the reason they do major release like available date of April 24th is so they can maximize there sales. where 1000s of l3 or A4 are sold and you have no idea how much hash is hitting the network because if you did you would know that you would not recover your initial investment in 6 months, as the difficulty spikes. Only Hope for Miners to recoup investment cost is to hope and pray that price per coin keeps rising.
enough rambling for tonight... time for sleep. GN>
But why would the ASIC manufacturers want a lower LTC price in any case? The only acrimony is over those miners who want to block SegWit (i.e. Bitmain) and those who don't.
Even if they dump their coins and sell their hardware, if the price is rising faster than the supply due to Litecoin having an exclusive on Lightning Networks scaling because Bitcoin will never get it, then Blockstream is forced to develop for Litecoin instead of Bitcoin, then why wouldn't the LTC price fulfill the chart destiny which I showed to $50 and beyond?
P.S. I agree PoW mining is a manipulated mess.
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:
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.
Is this really worth the hype?-- rw-stott
Well there has been talk that IF the code for segregated witness is first on litecoin then they will proceed down the road for 'lightning network'
also the author of mimblewimble protocol on bitcoin may do the same..
so yeah..it is a big deal in price IF the above stuff is STABLE and works....and gets devs excited
my view is with the above and a coin/devs acting like adults with a bit of direction ...you easlily could see 15-40 buck LTC prices
You can also look at it this way
IF LTC was at $4 coin at $800 BTC and now is $9 coin at the current $1140 price with segregated witness hype...AND throw in the 'complication' that perhaps Bitcoin gets to
2,000 usd this year..just having LTC plug along as it has ...well it is not far fetched to consider LTC stable as an $18 buck coin...
so it is looking pretty good from a logic point of view (not that logic has anything to do with crypto prices and use ec)
anyway my BET was a mess of L3's because the price floor I stated (bravest post of my life) was no less then $6....by taking that bet and making my self
post it on bitcointalk...I thus had to suck it up and buy miners....
when I posted this (2 days before all L3's sold out in the world I cut it real close!!!)
https://bitcointalksearch.org/topic/m.18413585
chump or champ
damn looking like champ so far ..choice wise
Anyway, the long game I'm playing. (Same game mining I've played since 2013 ..more or less rinse/wash/repeat)
heh ..the above 'bet' posted on april 1st 2017....so I pulled the trigger and got the L3's could not have got much closer till they sold out on April 3rd
did not expect 'vindication on my" $6 floor bet quite so soon
Don't get me wrong it might reach $12 but I'm not throwing my money in now but $50 nah, too many willing to dump and get out of what has been stagnant for years.
Don't be butthurt when LTC reaches $100, because suddenly Litecoin is relevant again and Blockstream is developing for Litecoin instead of Bitcoin. Your universe will be turned upside down.
Please do make your own decisions. Don't listen to me other than to make sure you understand my reasons.
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.
Litecoin doesn't have any of these problems.
Because:
Bitcoin will never get SegWit and Lightning Networks scaling. Never.
And thus Litecoin will get all the volume that Bitcoin will lose because fees on Bitcoin will go too high for us to use it.
Bitcoin is for settlement amongst power brokers who will have no problem spending $100 per transaction fee. The small blocks on Bitcoin will get full with $100 transaction fee transactions. You won't be able to transact on Bitcoin any more. I think that is big fucking deal. Don't you
Litecoin can not scale without SegWit and Lightning Networks.
At they show that the coin is moving...
I agree that It would be nice to have some technical explanation.
I agree that It would be nice to have some technical explanation.
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:
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.
Is this really worth the hype? -- rw-stott
So much hashing power coming online bye bye mom and pop miners.
Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.
Nice game hardware makers... almost 700ghz came online in 5 days. that was equivalent to 30% of total hash oustanding.
Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.
Nice game hardware makers... almost 700ghz came online in 5 days. that was equivalent to 30% of total hash oustanding.
Hashrate went up 30% but the price up 125%. I told you already that ASIC supply is constrained. Mom and pop miners are making a killing right now on LTC, if they signal SegWit and sustain the price rise to $50 due to the exclusive on scaling that Litecoin will have and Bitcoin will NEVER get.
I am very very skeptical i think hardware makers control a lot of supply of Litecoin and they can move/manipulate market by pumping Litecoin they know they can move Litecoin on one exchange by buying $100k worth of to create artificial constraint. Once they move the price by few bucks it has momentum and the community and speculators take over after that all they have to do is switch on hashing power mint more litecoin to bring there average cost per litecoin down and at the same time make a killing selling all the hardware @ $2000 a pop. once enough sales of hardware accomplished they can dump coin and release hardware.
the reason they do major release like available date of April 24th is so they can maximize there sales. where 1000s of l3 or A4 are sold and you have no idea how much hash is hitting the network because if you did you would know that you would not recover your initial investment in 6 months, as the difficulty spikes. Only Hope for Miners to recoup investment cost is to hope and pray that price per coin keeps rising.
enough rambling for tonight... time for sleep. GN>
So much hashing power coming online bye bye mom and pop miners.
Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.
Nice game hardware makers... almost 700ghz came online in 5 days. that was equivalent to 30% of total hash oustanding.
Here comes hardware miners who stopped selling and just going to run there hardware to pump Litecoin because they know there ROI is like 30 days, than they will sell the hardware.
You will see alll the L3 and A4 are sold out or about to be sold out, because they don't want any hashing competition period or markedup for resell at higher point.
Nice game hardware makers... almost 700ghz came online in 5 days. that was equivalent to 30% of total hash oustanding.
Hashrate went up 30% but the price up 125%. I told you already that ASIC supply is constrained. Mom and pop miners are making a killing right now on LTC, if they signal SegWit and sustain the price rise to $50 due to the exclusive on scaling that Litecoin will have and Bitcoin will NEVER get.
Yes buy at the high and then sell at a loss. The investors here are amazing.
I Agree. Too risky price at now as for me. Must be necessary to wait for more secure levels. Especially because of be a margin coin more attention needed.
The rise hasn't even begun. After we break $10, we are headed to $30, then $50.
A chart communicates better than a 1000 words.
Bitcoin will never get SegWit and Lightning Networks scaling. Never.
Litecoin is reaching its destiny. You can be part of it, or sit on the sidelines and be butthurt.
I don't know what your source is showing 61% while this: http://litecoinblockhalf.com/segwit.php shows 68%
The lower one is counting all blocks since 5 days ago. The more accurate higher one is counting in the last 24 hours, which is the requirement for activation threshold.
Yes buy at the high and then sell at a loss. The investors here are amazing.
Indeed, OP's suggestion is much like saying you should buy Dash right now. People on this forum do so love buying high and then losing their boxers. And then they start threads whining about it. Yes buy at the high and then sell at a loss. The investors here are amazing.
Yes, I think it has been pumped already at a state that it is too much risky to buy at such a high value, so I'd wait for it to settle back to its previous normal value or at least close to it before buying. 
Litecoin is getting a segwit activation signal. This probably takes the price and growth of litecoin as well other altcoins towards the next level. Buying now could help grab the profit once after activation as the segwit support is getting stronger and has crossed the range of 60%
I don't know what your source is showing 61% while this: http://litecoinblockhalf.com/segwit.php shows 68%
Either way, Op is totally right, with SegWit activated (even thought LTC didn't need it as bad as BTC needs it) effect on price will be huge.
It might be the biggest upward trend in the LTC history or... nothing will happen when people will realize that it is 'only' LTC.
Either way, Op is totally right, with SegWit activated (even thought LTC didn't need it as bad as BTC needs it) effect on price will be huge.
It might be the biggest upward trend in the LTC history or... nothing will happen when people will realize that it is 'only' LTC.
That link i was looking at was just showing ......
Segwit miner support (percentage of segwit blocks signaling within the current activation period) 1629 (62.01%)
I think?
Lite coin is here to stay i am just hoping difficulty doesn't rise too fast.
I don't think this will pump like some scam coins, but this is something good for the cryptocurrency. At least this will not be dumped quickly and fall into oblivion.
Yes buy at the high and then sell at a loss. The investors here are amazing.
I Agree. Too risky price at now as for me. Must be necessary to wait for more secure levels. Especially because of be a margin coin more attention needed.
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