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Topic: Litecoin going crazy - page 2. (Read 997 times)

member
Activity: 112
Merit: 10
December 12, 2017, 05:47:22 PM
#29
I think it happens because Litecoin got partnership with Steam.
full member
Activity: 392
Merit: 102
December 12, 2017, 05:42:55 PM
#28
What's crazy is I started a meeting today at work and one of my employees was joking and asked the team if anyone bought Litecoin.  This is a person who's favorite show are reality shows about housewives.  Took my by surprise.  That's the sign that we're in a bubble... stay tuned!!!
newbie
Activity: 28
Merit: 0
December 12, 2017, 04:56:11 PM
#27
Litecoin is rising because get some partnerships, more people buy LTC (Because ETH and BTC send money very slowly) and agressive marketing
full member
Activity: 490
Merit: 102
December 12, 2017, 04:29:25 PM
#26
Even here on forum I now see 2 good opinions. One is that BTC holders were entering the wave in LTC so we shall have rather plain BTC rate in days to follow. Reasonable but sincerely - I do not believe it. Guess MoonIsBlue is right. A lot of newcomers (despite not the mass public) are coming/returning to the market.

But that is nice. It is good for everyone I guess.
full member
Activity: 406
Merit: 111
December 12, 2017, 02:24:54 PM
#25
A lot of newcomers are buying up LTC, ETH and BTC. This is the reason its going up so hard. Coinbase even had to shut down LTC buy/sells for a while because the traffic was to big.
sr. member
Activity: 756
Merit: 252
December 12, 2017, 02:24:41 PM
#24
I have been holding Litecoin for a while now bought it a while back when price was around 50-60$ per coin been holding it since then never saw so much growth, December looks like a really good month for LTC.
full member
Activity: 153
Merit: 100
December 12, 2017, 02:17:34 PM
#23
Pretty sure Litecoin is going crazy because of how many more new people got involved in crypto. Since BTC hit all-time highs last week (18k) a lot more people found out about it. They all searched and looked up BTC and while doing that they found coinbase to trade BTC. On coinbase, there is also litecoin and it was the cheapest so a lot of people bought it and that drove the price up.

Pretty much my thoughts. The question is if bitcoin starts another leg up, what are the people gonna do? Do they start to buy 0.05 btc or 1 LTC? I have no idea but I think most are just looking at the price for one whole token. Therefore it could be that all the new buyers will pretty much keep LTC and ETH more growing. Anyway, I am quite happy with the moonshot of LTC, there is still a lot of ground to cover.
member
Activity: 392
Merit: 12
December 12, 2017, 02:12:31 PM
#22
We have been waiting for it to happen for long. Finally, Litecoin price has started to grow. Expecting it to continue its upward trend some time.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
December 12, 2017, 02:01:31 PM
#21
LTC is just like insane today. That is we all calling "to the moon". I wonder where is the support and when will he crash down there?
member
Activity: 140
Merit: 11
December 12, 2017, 01:57:41 PM
#20
"atomic swap" is the reason for this high price. Atomic swaps is the exchange of one cryptocurrency to another cryptocurrency, without the need to trust a third-party. It's the future!
member
Activity: 234
Merit: 10
December 12, 2017, 01:38:08 PM
#19
People transfer funds from bitcoin to other coins, Litecoin is a good option for them. I think this is one of the reasons.
member
Activity: 71
Merit: 10
December 12, 2017, 01:29:34 PM
#18
every analyst was predicting this rise in the prices. LTC are now trading for 310$ few days ago it was trading for 70$. I am now waiting for the dip in the prices then I will buy ltc
newbie
Activity: 22
Merit: 0
December 12, 2017, 01:23:32 PM
#17
Today Litecoin is gold and bitcoin is silver
https://coinpioneer.net/coin-guide/litecoin-description
legendary
Activity: 2786
Merit: 1031
December 12, 2017, 01:18:58 PM
#16
I guess new users in Coinbase/GDAX are buying it since is the cheapest one between BTC and ETH  Smiley

It will probably correct soon

This also explains why GDAX/Coinbase lead the price and the difference in price between GDAX and other exchanges.

Ethereum will pump next.
sr. member
Activity: 812
Merit: 256
December 12, 2017, 01:18:02 PM
#15
Heard about the founder Charlie tweet about some good news. It is time for LTC to go through some pump.
member
Activity: 196
Merit: 11
December 12, 2017, 01:16:37 PM
#14
Bitcoin is the general populace's introduction to crypto, then when they delve slightly beneath the surface they discover Litecoin and Ethereum. I think there's a good chance they follow in BTC's footsteps somewhat, though probably to a lesser degree.
sr. member
Activity: 1470
Merit: 325
December 12, 2017, 01:13:30 PM
#13
Why do you think Litecoin is rising so much. I heard someone talking on a podcast yesterday suggesting that Litecoin has a perfect story for being the 'new' thing that people think they can still catch on the way up, and that it will follow BTC's footsteps.
What is your opinion on Litecoin?

people owning bitcoin migrating to litcoin because they are afraid of their bitcoins?
newbie
Activity: 82
Merit: 0
December 12, 2017, 01:12:31 PM
#12
It is something weird what's going on with all crypto currencies the last days. more than $400 for litecoin.. who could have expected?
member
Activity: 130
Merit: 10
December 12, 2017, 01:12:10 PM
#11
The price of the litecoin has not changed for a long time. The price has been 3 times more recently, and the market has become irrational.
full member
Activity: 169
Merit: 100
December 12, 2017, 01:10:31 PM
#10
gdax and okcoin are going crazy over it and now ether is over $600 in some places.
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