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Topic: LITECOIN DUMPING HARD!!! (Read 3224 times)

full member
Activity: 157
Merit: 100
October 05, 2017, 02:37:53 AM
#43
Just wait for it,
it will get back to before and higher.

Good time to buy.
hero member
Activity: 770
Merit: 500
Bazinga!
October 05, 2017, 01:59:40 AM
#42
Bought at $65 like 2 weeks ago.
Who knows if it will be there again ..

you bumped a 4 month old topic to say this!!!

litecoin price was about $4 earlier this year and it went up and continued rising to high values. by the time this topic was created price was still low around $30 something like that. and it still is rising.
you obviously came in late and invested after the price was in the ATH and again obviously price went down in a correction to about $50 and it is staying around that price despite all the drama and FUD that is around and the dumps that happen because of it!
legendary
Activity: 2674
Merit: 1226
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October 05, 2017, 01:55:23 AM
#41
I think litecoin is very overvalued now, it is nothing but a copy of bitcoin, like a chinese fake brand basically. Rather buy bitcoin.

That's a pretty ignorant statement, cherrypicking on some facts but conveniently leaving out others. Yes it was a copy of Bitcoin at a foundational level. And when it was trading below $5 for the longest time, this was its true value. I love Bitcoin too, but if you really like it, then you should appreciate the fact that its little brother Litecoin has been the testing ground for every new technology that Bitcoin adopted this year.

Remember SegWit? Yup, Thank Litecoin. And when Bitcoin has Lightning Network, don't forget to thank Litecoin.
pey
sr. member
Activity: 546
Merit: 251
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October 04, 2017, 11:55:13 PM
#40
I think litecoin is very overvalued now, it is nothing but a copy of bitcoin, like a chinese fake brand basically. Rather buy bitcoin.
hero member
Activity: 2184
Merit: 513
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October 04, 2017, 11:47:11 PM
#39
I believe litecoin will soon dump hard back to 15 dollars and it's not sure if it's going to bounce back again. I advice you to sell your coins before this imminent dump happens

Could you give some facts and data to back up your claims? I have been buying LTC, consider this a decent coin due to fast transactions and low transaction costs compared to BTC.

1. Is Litecoin going to get replaced by another testnet coin for testing BTC functionality? Not that I am aware of.

2. Is there a catastrophic decline in volume brewing? I don't see it yet in the data and you can see for yourself. https://bitinfocharts.com/litecoin/transactions-ltc.html

3. There is a clear negative from China cracking down on crypto which has been a traditional source of LTC buying. Much of this volume is being replaced by South Korea and Japan. https://coinmarketcap.com/currencies/litecoin/#markets


Many coins have fast transactions and low transaction cost, I think litecoin is not a great investment.
as many token and coin alreadh created to improve the old altcoin into the new technology that provide cheap and fast transaction. Litecoin will lost a lot of interest if the more people will know about the truth.,
sr. member
Activity: 467
Merit: 251
October 04, 2017, 11:20:24 PM
#38
I believe litecoin will soon dump hard back to 15 dollars and it's not sure if it's going to bounce back again. I advice you to sell your coins before this imminent dump happens

Could you give some facts and data to back up your claims? I have been buying LTC, consider this a decent coin due to fast transactions and low transaction costs compared to BTC.

1. Is Litecoin going to get replaced by another testnet coin for testing BTC functionality? Not that I am aware of.

2. Is there a catastrophic decline in volume brewing? I don't see it yet in the data and you can see for yourself. https://bitinfocharts.com/litecoin/transactions-ltc.html

3. There is a clear negative from China cracking down on crypto which has been a traditional source of LTC buying. Much of this volume is being replaced by South Korea and Japan. https://coinmarketcap.com/currencies/litecoin/#markets


Many coins have fast transactions and low transaction cost, I think litecoin is not a great investment.
sr. member
Activity: 350
Merit: 251
October 04, 2017, 11:18:21 PM
#37
I believe litecoin will soon dump hard back to 15 dollars and it's not sure if it's going to bounce back again. I advice you to sell your coins before this imminent dump happens

Could you give some facts and data to back up your claims? I have been buying LTC, consider this a decent coin due to fast transactions and low transaction costs compared to BTC.

1. Is Litecoin going to get replaced by another testnet coin for testing BTC functionality? Not that I am aware of.

2. Is there a catastrophic decline in volume brewing? I don't see it yet in the data and you can see for yourself. https://bitinfocharts.com/litecoin/transactions-ltc.html

3. There is a clear negative from China cracking down on crypto which has been a traditional source of LTC buying. Much of this volume is being replaced by South Korea and Japan. https://coinmarketcap.com/currencies/litecoin/#markets
sr. member
Activity: 291
Merit: 250
October 04, 2017, 07:53:45 PM
#36
It is probably the best option to dump LTC and waiting a big brother forking,
later I can buy more coin even from its forking.

I predict that LTC will go back higher later.
sr. member
Activity: 474
Merit: 285
Brave New World
October 04, 2017, 07:21:17 PM
#35
This makes no sense. While it may dump, there's no reason to believe it'd dump as hard as you're suggesting..

If anything it's likely to stay the same of go up in the near term.
full member
Activity: 215
Merit: 100
October 04, 2017, 07:20:01 PM
#34


Bought at $65 like 2 weeks ago.
Who knows if it will be there again ..

If you trust bitcoin, you can trust litecoin in the same time because they're like brothers. Assians generally control the price of bitcoin and litecoin. They know when to react and how to react. Also remember it was only $3 on january 2017.
sr. member
Activity: 613
Merit: 305
October 04, 2017, 06:24:47 PM
#33


Bought at $65 like 2 weeks ago.
Who knows if it will be there again ..
sr. member
Activity: 798
Merit: 263
June 26, 2017, 11:56:30 AM
#32
Litecoin broke above the $33-$34 resistance and ran to $50 resistance. Now it has come down and retested
the $34 area that should be support now. If it stays above $33-$34, then it is bullish and will go back to $50
on next rally.
hero member
Activity: 1034
Merit: 558
June 26, 2017, 11:51:19 AM
#31
im eyeing around $30 area as possible buy level,
sr. member
Activity: 784
Merit: 282
June 26, 2017, 10:35:26 AM
#30
I believe litecoin will soon dump hard back to 15 dollars and it's not sure if it's going to bounce back again. I advice you to sell your coins before this imminent dump happens

This my friends is the perfect example of redneck FUD. Im surprised topics like this are even allowed.
Anyway, congratulations to all those who buy the LTC dip.
sr. member
Activity: 329
Merit: 250
June 26, 2017, 09:55:51 AM
#29
Sell those cheap coins to me.
hero member
Activity: 616
Merit: 500
June 26, 2017, 09:52:39 AM
#28
MORE AND MORE DUMPING, LITECOIN MORE AND MORE DEAD COIN
hero member
Activity: 1034
Merit: 558
June 26, 2017, 04:11:45 AM
#27
gotta love these day, panic everywhere, first everybody yells MOOON, then a week later everybody yells SELL SELL SELL, funny crypto space
of course, its how markets work . and not just cryptos Cheesy

member
Activity: 126
Merit: 10
June 26, 2017, 04:07:50 AM
#26
gotta love these day, panic everywhere, first everybody yells MOOON, then a week later everybody yells SELL SELL SELL, funny crypto space
hero member
Activity: 616
Merit: 500
June 26, 2017, 12:52:46 AM
#25
We fudsters will eventually win and litecoin will be dumped to the ground and fear will win. Then litecoin is having it's real valuation.
member
Activity: 60
Merit: 10
The swarm is headed towards us.
June 25, 2017, 09:54:07 PM
#24
Most coins will be back up 10 to 20% in the next week.

I sure hope you are right, but right now the prices is looking bleak, especially for me since I bought Litecoin at $47.40!  Sad
Well... There's a lesson learned. You bought at the peak. Now you gotta wait for it to climb back  Cheesy

Yeah I bought for the long term, after reading all the positive news with Segwit being successfully implented and the Litecoin founder quitting his job to work full time on Litecoin.

I also exchanged fiat to buy Litecoin and long-term I am 100% that Litecoin is better than paper money, so it is not so bad! Cheesy

But yeah, it always makes you feel like a fool when you buy at the peak!  Undecided
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