Topic: Litecoin is below 5 USD ,what should I do (Read 4553 times)
you should enjoy the weekend.
I doubt the market can support a price much higher than 4 or 5$ when so many coins are created everyday, with most of these dumped by mining farms.
I would be very surprised if it can support $4-5 for longer than a few months that's left of this year.
I think Litecoin has an advantage, and it's not innovation, it's just being early to market. It's one of the first altcoins. The only reason Doge is dying is because they screwed it up by making it inflationary. If they didn't do that, it would have stood a good chance, too. Being the first big meme coin.
Being first to something can often overcome technical shortcomings. Bitcoin seems quite dated compared to some cryptos coming out, but Bitcoin was first, and paved the way, the same way a lot of altcoins used litecoin for their basecode.
Being first to something can often overcome technical shortcomings. Bitcoin seems quite dated compared to some cryptos coming out, but Bitcoin was first, and paved the way, the same way a lot of altcoins used litecoin for their basecode.
Litecoin is very inflatory at the moment though, and will be so for many more years.
I doubt the market can support a price much higher than 4 or 5$ when so many coins are created everyday, with most of these dumped by mining farms.
Huge come back for LTC from 3.5 bottom.
Expect the price to be around 8-10 dollars in the coming weeks.
Expect the price to be around 8-10 dollars in the coming weeks.
That would be good, I bought some at 4 dollars. I'm expecting to double or triple my investment.
I think Litecoin has an advantage, and it's not innovation, it's just being early to market. It's one of the first altcoins. The only reason Doge is dying is because they screwed it up by making it inflationary. If they didn't do that, it would have stood a good chance, too. Being the first big meme coin.
Being first to something can often overcome technical shortcomings. Bitcoin seems quite dated compared to some cryptos coming out, but Bitcoin was first, and paved the way, the same way a lot of altcoins used litecoin for their basecode.
Being first to something can often overcome technical shortcomings. Bitcoin seems quite dated compared to some cryptos coming out, but Bitcoin was first, and paved the way, the same way a lot of altcoins used litecoin for their basecode.
LTC developers have make it quite clear they will not modify the algorithm or add new innovation into the coin.
Given that the coin is created for the sole purpose of ASIC resistance, and proven not to be the case, I do not see why anyone would want to support the coin.
I think Litecoin has an advantage, and it's not innovation, it's just being early to market. It's one of the first altcoins. The only reason Doge is dying is because they screwed it up by making it inflationary. If they didn't do that, it would have stood a good chance, too. Being the first big meme coin.
Being first to something can often overcome technical shortcomings. Bitcoin seems quite dated compared to some cryptos coming out, but Bitcoin was first, and paved the way, the same way a lot of altcoins used litecoin for their basecode.
Being first to something can often overcome technical shortcomings. Bitcoin seems quite dated compared to some cryptos coming out, but Bitcoin was first, and paved the way, the same way a lot of altcoins used litecoin for their basecode.
Huge come back for LTC from 3.5 bottom.
Expect the price to be around 8-10 dollars in the coming weeks.
Expect the price to be around 8-10 dollars in the coming weeks.
ltc is a big gamble 
i thought there will be more resistance @ 5$ but it gone through pretty easy.
imo 6.8 is possible as next target. but if it falls back below 5$ then there will be panic again.
i thought there will be more resistance @ 5$ but it gone through pretty easy.imo 6.8 is possible as next target. but if it falls back below 5$ then there will be panic again.
The problem for LTC is its 'just another altcoin'. There's absolutely NOTHING special about it. If I was holding LTC right now I would be bailing out & buying some volatile (ie potentially profitable) alts.
ltc is a big gamble i thought there will be more resistance @ 5$ but it gone through pretty easy.
imo 6.8 is possible as next target. but if it falls back below 5$ then there will be panic again.
i thought there will be more resistance @ 5$ but it gone through pretty easy.imo 6.8 is possible as next target. but if it falls back below 5$ then there will be panic again.
If ltc ever drop to $1, I might consider buying a few hundred for laugh and giggle. And long term investment.
no way, many trader invest in ltc,
buy a lot at $ 10 and is now only $5.5, many people lose their money
may be will rise $6 or $6.5 tonight.
it is over 6$ today 
Surprisingly, some whale pump litecoin up to 6$.. do you think it will sustain there?
it is over 6$ today
If ltc ever drop to $1, I might consider buying a few hundred for laugh and giggle. And long term investment.
Sold all of my LTC.
Still have a few ASIC running at great loss. WIll probably turn it off in a month or two.
Still have a few ASIC running at great loss. WIll probably turn it off in a month or two.
Are you still running for ltc? I also got a few ASIC,but I stoped them last week
Keep everything else but sell LTC
Honestly Litecoin had better fundamentals than Bitcoin.
LOL ROFL DELUSIONALINDUSTRY.
~CfA™~
let me continue the "delusion"..
and Quark has better than Litecoin.
sure BTC has a "corporate media" meme - but ya know , i just don't know if that's going to matter too much.
we are all in here in the same boat - so i look at the technical fundamentals , i see mostly turds, there are decent crypto out there, i just think Quark is one of the best.
I can see the others also.
"Litecoin is below 5 USD ,what should I do"
light your room on fire.
light your room on fire.
Honestly Litecoin had better fundamentals than Bitcoin.
LOL ROFL DELUSIONALINDUSTRY.
~CfA™~
All coins seem having lower values these past days and some coins might still worth keeping. I just do not know how to tell exactly which coins will be up again.
Convert every litecoin into Bitcoin as soon as possible because litecoin doesn't do anything that Bitcoin doesn't and its met its end.
Honestly Litecoin had better fundamentals than Bitcoin.
It has ASICs coming but, basically more of the market has access to them, sure it will probably turn into a shit fight if diff catch up , but Bitcoin has real tangible structural issues related to mining centralization.
At least litecoin isn't there yet.
Jump to: