Halving date?
Topic: Litecoin up, Bitcoin down - page 2. (Read 3672 times)
The market for LTC is dead right now. The market is thin, and volume is still nearly non-existent. So a single whale can play all they want without fear. They can pump one day, wait for a few weeks, and then slowly sell off or simply dump back down all at once without any real risk or loss.
Don't trust the LTC market until you see some real heavy and consistent volume coming in. Period.
Don't trust the LTC market until you see some real heavy and consistent volume coming in. Period.
Most of those alt coins are usually an act of a penny stock.
Always pump and dump, and having a sucker to buy in a large amount way overpriced, and hoping like a IPO to go off for that Alt coin.
This next pump coming to ltc is beyond that. Too much support will see this leg up and it will be like no IPO. I'd get on board prior to the Always pump and dump, and having a sucker to buy in a large amount way overpriced, and hoping like a IPO to go off for that Alt coin.
WOWz, your choice.
LTC is blocked by sellwall on 0.008 on btc-e. Might correct down one more time. If you want in, buy it down there. The wall will be eaten but probably not today.
Buy, hold, wait.
But once 0.008 falls, clear skies.
Most of those alt coins are usually an act of a penny stock.
Always pump and dump, and having a sucker to buy in a large amount way overpriced, and hoping like a IPO to go off for that Alt coin.
This next pump coming to ltc is beyond that. Too much support will see this leg up and it will be like no IPO. I'd get on board prior to the Always pump and dump, and having a sucker to buy in a large amount way overpriced, and hoping like a IPO to go off for that Alt coin.
WOWz, your choice.
LTC is blocked by sellwall on 0.008 on btc-e. Might correct down one more time. If you want in, buy it down there. The wall will be eaten but probably not today.
Buy, hold, wait.
good advice actually
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
Most of those alt coins are usually an act of a penny stock.
Always pump and dump, and having a sucker to buy in a large amount way overpriced, and hoping like a IPO to go off for that Alt coin.
This next pump coming to ltc is beyond that. Too much support will see this leg up and it will be like no IPO. I'd get on board prior to the Always pump and dump, and having a sucker to buy in a large amount way overpriced, and hoping like a IPO to go off for that Alt coin.
WOWz, your choice.
LTC is blocked by sellwall on 0.008 on btc-e. Might correct down one more time. If you want in, buy it down there. The wall will be eaten but probably not today.
Buy, hold, wait.
Most of those alt coins are usually an act of a penny stock.
Always pump and dump, and having a sucker to buy in a large amount way overpriced, and hoping like a IPO to go off for that Alt coin.
This next pump coming to ltc is beyond that. Too much support will see this leg up and it will be like no IPO. I'd get on board prior to the Always pump and dump, and having a sucker to buy in a large amount way overpriced, and hoping like a IPO to go off for that Alt coin.
WOWz, your choice.
Most of those alt coins are usually an act of a penny stock.
Always pump and dump, and having a sucker to buy in a large amount way overpriced, and hoping like a IPO to go off for that Alt coin.
Always pump and dump, and having a sucker to buy in a large amount way overpriced, and hoping like a IPO to go off for that Alt coin.
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
im not too familiar, but shouldnt any alt currency end up being like doge coin.
where theres more coins with lesser value, etc. I remember at one point it was actually high and used to buy a burger.
where theres more coins with lesser value, etc. I remember at one point it was actually high and used to buy a burger.
Doge coin has nothing new, it's only a copy of another coin with a different name and logo. A small percentage of alt coins have new technology not seen in previous alt coins. That new technology might stop them ending up being like doge coin.
Lite coin was originally asic mining resistant, which gave it an edge over bitcoin, but now there are asics for mining litecoin and it has lost its edge over bitcoin.
About doge: it has just the edge in marketing
About asic resistance: look at Vertcoin and you know it. Vert is going to go much higher than this imo.
I think VTC could even have potential for rising up to bitcoins' ranks and challenge it directly because it has just the more decentral network.
Yeah Litecoin breakout seems possible.
Looks like a breakout is on the verge of happening for litecoin so those interested in making some extra coin should consider adjusting their ports appropriately.
im not too familiar, but shouldnt any alt currency end up being like doge coin.
where theres more coins with lesser value, etc. I remember at one point it was actually high and used to buy a burger.
where theres more coins with lesser value, etc. I remember at one point it was actually high and used to buy a burger.
Doge coin has nothing new, it's only a copy of another coin with a different name and logo. A small percentage of alt coins have new technology not seen in previous alt coins. That new technology might stop them ending up being like doge coin.
Lite coin was originally asic mining resistant, which gave it an edge over bitcoin, but now there are asics for mining litecoin and it has lost its edge over bitcoin.
im not too familiar, but shouldnt any alt currency end up being like doge coin.
where theres more coins with lesser value, etc. I remember at one point it was actually high and used to buy a burger.
where theres more coins with lesser value, etc. I remember at one point it was actually high and used to buy a burger.
Its intresting to see how a alt coin can be up, and bitcoin can be down.
Like that itself is so wrong in all levels, esp when bitcoin was the foundation for all these alt coins. If bitcoin goes down, theres no value for litecoin imo.
Like that itself is so wrong in all levels, esp when bitcoin was the foundation for all these alt coins. If bitcoin goes down, theres no value for litecoin imo.
Don't start crying but you are wrong. Any coin can be basecurrency and if Bitcoin is discarded there will be another coin for basecurrency. So please don't whine.
Ofcourse it can. If btc price drops and alt ysd vallue remains the same, alt btc value will be increased when btc value goes down.
full member
Activity: 882
Merit: 102
PayAccept - Worldwide payments accepted in seconds
Its intresting to see how a alt coin can be up, and bitcoin can be down.
Like that itself is so wrong in all levels, esp when bitcoin was the foundation for all these alt coins. If bitcoin goes down, theres no value for litecoin imo.
Like that itself is so wrong in all levels, esp when bitcoin was the foundation for all these alt coins. If bitcoin goes down, theres no value for litecoin imo.
Don't start crying but you are wrong. Any coin can be basecurrency and if Bitcoin is discarded there will be another coin for basecurrency. So please don't whine.
the only reason this could be true is because of the upcoming block halving, but it's a transitory and momentaneous thing, don't ride too much that wave...
Litecoin block halving is still more than 90 days away. Do you think it is already influencing the price now? Let's hope litecoin regains some of its glory, around 10 usd would be nice!
LTC halving was in calculated in LTC price months ago. You cant expect no one know it will happen. And all of a sudden they will be surprised. What happened, when mining we get half less LTC, lets raise price a bit or we cant pay electricity anymore.
Well, I'm glad I got rid of almost all my alts.
You could say I was some sort of a bag holder.
Now I'm 97% btc, selling the remaining alts before the end of the year.
You could say I was some sort of a bag holder.
Now I'm 97% btc, selling the remaining alts before the end of the year.
It was really foolish to believe Bitcoin would be the one and working out on first try. Let's be realist now.
Bitcoin is and will be the one and working out on first try. Now back to the topic..
I was so far from the alternate currencies and now that we talk about litecoin, 1.8 dollars per coin? Really? I remember old times buying at 12 selling at 17-20, damn, so grateful I sold them all before. Anyway, Now it's definitely good time for buying some, seems so pumpable. Just in case..
Its intresting to see how a alt coin can be up, and bitcoin can be down.
Like that itself is so wrong in all levels, esp when bitcoin was the foundation for all these alt coins. If bitcoin goes down, theres no value for litecoin imo.
Like that itself is so wrong in all levels, esp when bitcoin was the foundation for all these alt coins. If bitcoin goes down, theres no value for litecoin imo.
I think you should look at your charts again
the only reason this could be true is because of the upcoming block halving, but it's a transitory and momentaneous thing, don't ride too much that wave...
Litecoin halving is still approx. 3 Months away. What we are seeing has nothing to do with the halvingthis is not correct or at least isn't certain, because for doge was the same, the halving was still far away(not 3 months but 1-2) and the price start to climb already, it's not like the price it is waiting the exact moment of the halving to start climb, it doesn't work in this way
The halving causes a fundamental change in the coin. It causes less downward pressure and this will cause less selling pressure over time.
Fundamentally halvings take awhile for things to change. (just half the reward for 1 block isn't that much of a difference. Half the reward for 1000 blocks is more significant)
But, this is known to happen in the future. People buy now because they know fundamentally there may be more value in the future. Price is based on future value.
Now we don't know whether this 30% rise might be an overshoot. And maybe even after the block halving counted in, the price may be too high. But Litecoin may also be undervalued.
So yes the price will start to climb before the halving.
Also some people might think these price shifts are temporary but the fundamental change is long term.
I think in the case of Dogecoin it is slightly different. Dogecoin had a ton of halvings very quickly. Dogecoin had a price that was unsustainable and just because there was a halving doesn't mean the price needs to go up.
I think the case with Litecoin is a lot more special. Litecoin has a significant market cap and it is a mature coin. And halvings don't come often.
Jump to: