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Topic: litecoin seems so cheap (Read 282 times)

member
Activity: 287
Merit: 10
February 25, 2018, 09:34:36 PM
#32
I always hear good things about litecoin, it doesn't really get any negativity. Seems to be a really popular coin, which has been around a while now.

So why is the price so cheap? i heard it should be around 10% the value of Bitcoin so what do you guys think?

Litecoin is one of the oldest cryptocurrencies on the market and it is one of the most successful. In some extent this currency is better technologically than Bitcoin. I am sure that Litecoin has nice future.
full member
Activity: 256
Merit: 100
February 24, 2018, 01:23:59 AM
#31
I always hear good things about litecoin, it doesn't really get any negativity. Seems to be a really popular coin, which has been around a while now.

So why is the price so cheap? i heard it should be around 10% the value of Bitcoin so what do you guys think?

is 190$ cheap for lightcoin? i donot think so, becuase in last year it had been 4$. so it is high Now. but it can growth more in the future.
member
Activity: 322
Merit: 15
February 24, 2018, 12:22:24 AM
#30
Well because it has many supplies that isn't sufficient yet to increase the value but also due to the market decrease of the altcoins and bitcoin it is affected.
full member
Activity: 364
Merit: 100
February 24, 2018, 12:21:52 AM
#29
I always hear good things about litecoin, it doesn't really get any negativity. Seems to be a really popular coin, which has been around a while now.

So why is the price so cheap? i heard it should be around 10% the value of Bitcoin so what do you guys think?

lite coin is a coin that has a very good team and pengenmbang they can follow the flow of bitcoin price increase not only that litecoin also supported by large companies that work with litecoin very much. I believe litecoin is a potent coin that is very expensive.
legendary
Activity: 1070
Merit: 1021
February 24, 2018, 12:17:09 AM
#28
did the hard fork take place yet? Litecoin Gold?

I guess yes, Litecoin Gold is already trading but i cannot find any suitable market as per coinmarketcap.
they have same specification except few modifications to existing one.
have a look here: https://coinmarketcap.com/currencies/litecoin-gold/#markets
member
Activity: 252
Merit: 18
February 24, 2018, 12:13:54 AM
#27
LiteCoin is Bitcoins little brother, and appears to have a good user case and public recognition and usage as a medium of exchange - and it’s likely to be one of the few thousands of current cryptocoins that will survive and hold value long term. It’s price of $210 is about 7% that of Bitcoin, and it has current circulating supply of 55,000 is 3x that of Bitcoins and ultimately its total circulating supply of 84,000 will be 4x that of Bitcoins. It’s hard to see LiteCoin ever having more than 5-10% of the price of Bitcoin, but given Bitcoin should appreciate greatly in value over the next few years there’s plenty of room for LiteCoin to rise significantly in price from where it is as well! The question is what is the best investment vehicle for the bulk of your capital!
sr. member
Activity: 560
Merit: 250
February 24, 2018, 12:08:56 AM
#26
I always hear good things about litecoin, it doesn't really get any negativity. Seems to be a really popular coin, which has been around a while now.

So why is the price so cheap? i heard it should be around 10% the value of Bitcoin so what do you guys think?

I'm not very researching about litecoin,
I think there are many altcoin that I can do as a trading material. I just prefer to ethereum for investment and as a priority in every trade. besides, if i hold it, the eth value will continue to increase
full member
Activity: 476
Merit: 102
Kuvacash.com
February 24, 2018, 12:02:35 AM
#25

Litecoin has been around for quite sometime, and i agree with you that its one of he best coins around, the fact that its cheap in price doesn't directly point to its value,i think litecoin will take some time before reaching the top but when it does there will be no turning back. The few superior alt coin are only above it by a small margin due to the difference in technology and the way the market received it, But its a coin for the future
sr. member
Activity: 602
Merit: 259
February 23, 2018, 11:54:48 PM
#24
I always hear good things about litecoin, it doesn't really get any negativity. Seems to be a really popular coin, which has been around a while now.

So why is the price so cheap? i heard it should be around 10% the value of Bitcoin so what do you guys think?

I don't think it's cheap. I have seen litecoin since it was 20-30 USD per LTC. The coin has jumped all the ATH of 300 in the past and now it is playing around 200 USD. I think that is the best market cap any coin can achieve and believe that it is going in the right direction and at right speed too. Believe it or not it is next ethereum and those who invest into it heavily today will have great future. It is the same repeating cycle of ethereum only where ethereum played around couple of dollars then jumped to 300 bucks and played over there for long and then now you see what ethereum is worth today. :-)

So yeah just consider the LTC the same way and go along the flow.
member
Activity: 406
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
February 23, 2018, 11:48:36 PM
#23
First of all, it's its creator - Charlie Lee, who completely focused on promoting his crypto currency. Low transaction costs. "It's very fast."
 Excellent wallet Litecoin Core. This is a big plus, since the wallet is fast, and takes up little space on the hard drive.
Litecoin is holding steady at over $ 200 after a period of sharp price hikes, plans made in the roadmap have made investors more confident in Litecoin. I think LTC will be stepping up its reach in the future to be able to compare with Ethereum.
member
Activity: 322
Merit: 10
February 23, 2018, 11:28:49 PM
#22
This is just a beginning, it will rise up soon.  Smiley
newbie
Activity: 8
Merit: 0
February 23, 2018, 11:18:12 PM
#21
did the hard fork take place yet? Litecoin Gold?
member
Activity: 270
Merit: 10
February 23, 2018, 10:59:34 PM
#20
First of all, it's its creator - Charlie Lee, who completely focused on promoting his crypto currency. Low transaction costs. "It's very fast."
 Excellent wallet Litecoin Core. This is a big plus, since the wallet is fast, and takes up little space on the hard drive.
member
Activity: 168
Merit: 10
February 23, 2018, 10:45:50 PM
#19
Crypto currency is a great investment opportunity. I consider 2018-2019 - the golden years for crypto-currency in general. I think that Litecoin, like other currencies will grow many times, so it is worth it now to buy and store in a purse or play on the stock exchange. Uniquely, Litecoin will become more expensive and worth investing in.
copper member
Activity: 123
Merit: 4
February 23, 2018, 10:45:32 PM
#18
It's cheap since it will always be based off the reputation of Bitcoin, it will always be the "silver" so to speak. This is because LTC implements experimental tech before it's implemented on BitCoin. It's more like a testing environment for Bitcoin. And to say it's low in price is not true, it's #5 marketcap. That is huge.
sr. member
Activity: 1020
Merit: 391
February 23, 2018, 10:39:17 PM
#17
In my opinion and discarding the technical analysis, one point of view that we should keep in mind is that Litecoin has the potential and time to market to be worth 10% of Bitcoin, but its promises were made in the past with a market that is not volatile and without high investments, doing this analysis the question we can ask is, with so many currencies with low prices and great potential, why should i invest in Litecoin?
full member
Activity: 257
Merit: 100
February 23, 2018, 10:32:59 PM
#16
If you could have saw it few months ago, it was dirt cheap, Now the price is not cheap, its holding its price tightly and I am sure in future it will further rise.
newbie
Activity: 27
Merit: 3
February 23, 2018, 10:22:39 PM
#15
You have to got remember litecoin was still under $100 on December 1, 2017. The ath was over $350. I do believe news of the creator selling his litecoins slowed the price down. The ltc fork pumped the price because people wanted the airdrop. I might grab some more if the price ever dips to $150. I don't think $210 for 1 ltc is considered cheap. But with news of litepay, I see a great year for litecoin.
He was indeed doing that,he announced last year that all of his share were given to some charity but the truth is its just his strategy so it wont be obvious that he is selling his shares to get a lot of profits from his own coin,for sure he has millions of supply of this coins,which makes harder for the coin to improve its price.
full member
Activity: 1302
Merit: 129
Vaccinized.. immunity level is full.
February 23, 2018, 06:59:51 PM
#14
In the past Litecoin was one of the most stable coins - fiat wise. The price was growing slowly and steadily - look at the time period April till November 2017.
Then there was that spike to $350 in December and since then Litecoin seems stable again, but this time BTC wise. It seems tied to Bitcoin price around 0.02 BTC.
I think this will continue for some time so if Bitcoin will prosper, so will Litecoin. So yeah, I think it could reach $350 and more but only if Bitcoin price returns above $16k as well.
member
Activity: 280
Merit: 20
February 23, 2018, 06:45:57 PM
#13
Any prediction what could be the price in 6 months?
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