Topic: LTC retracing back to support line? (Read 3093 times)

We won't soon see this picture, stability of LTC or BTC to be used as money, they are much better as investments, this is the reason.
My experience tells me in this situation we must see another one pump, because volume is still very good, news is still hot, and whales are not satisfied yet. Those are conditions, we will see few days of accumulation and stagnation. I hope some will lose his nervs and cause dump, im sill at 0.01 waiting.

I would tend to agree with following conclusion, though road map was published, there is still no even close estimations on releases, so hope and wait and choose wagon on the train.

Still, if LTC wants to be used for payments, it has to stop such obvious price manipulation and stability, it looks like they drawing chickun face on past month chart if to put candle stick per 5-min.

Manipulated indeed First bitmain make litecoin miners and noone buys them, then segwit hype takes hold, litecoin rises , then litecoin becomes very profitable, bitmain sellout their ltc miners and ltc increases, then segwit activation drags out, will it wont it ? Price still speculate s on approval keeping it up but volatile gaining more interest from traders as it drags on, bitmain wont vote for segwit , price teeters , why wont they vote yes ? Cause bitmain are a btc miner maker mainly and segwit isnt compatible with btc if their miners are using asicboost, a advantage only they have unlocked in their farms to get 30% more efficency from their own farm miners, noone else, whats that got to do with litecoin? Well if litecoin gets segwit the next logical step is btc gets segwit too cause afterall btc is gold compared to litecoin as silver, so segwit is not what bitmain wants for btc cause their power cost would rise 30%.Eventually bitmain give in and vote for segwit ( prob cause they dont want ltc to crash cause their making too much on their now sold out ltc miners) . And to top it off they prob "invent" a firmware issue on their ltc miners to drag out how long they can milk the ltc price by mining on  the very machines that the public have already bought and are still awaiting delivery!
LTC sold on the news, the news was segwit activation. Its what they do with segwit that matters. The bottom has been found a few hours ago ,  hopefully, looks like ltc rebound in the making now.. Just remember prices climb stairs and drop in elevators.

Thinking about what you said, then we have situation where whales actually pampping price of BTC and when Chinese exchanges let them to withdraw their money this will result in chaos. Whole crypto world will be affected not just LTC. BTC is also manipulated by China miners. I will look upon this as good opportunity.

True..Charlie Lee was sell us the news about Segwit.Now he is playing some games and puzzles. A lot of people get profit on pump and before ,now they quit the game.


It was obviously from the begining that LTC is under a huge influance of china miners. It is overmanipulated by thems too.

The price of LTC will be down, because China open fiat withdrawal from china exchange in June. I think they will drop the price further because the majority of LTC holders is in China. Investors  and Whales just will not allow to people withdraw profit. I do not think it will be back to 4$ I think 15$ is very possible.

Also it could be opposite too..That fro June price will start to go up, because of possitive news about Lighting Network and fiat opened in China..

I hate LTC markets because I think they are manipulated too. BTC’s silver? WTF?
Before to segwit, tweets were a problem and moved prices. We could see several strange waves (compare with other coins and remember or search tweets' history of F2POOL, SatoshiLite… ).
It seems to was very difficult to implant segwit.
I don’t know, but after to see the coincidences with the fall of some delisted coins in Polo and Segwit tweets' war, I start to think that some coins are more centralized than we belive them.
I think Charlie Lee has to stop to publish puzzles and work hard to explain to some business/people why LTC is a good option to pay and make transactions.

Good day today. Waiting for it to go below 0.013 to fill my bags 

Yes i really think we could see even under, remember what happened with ETH. We will see Pump second round, and it will be very unpredictable this time. Few months before, LTC was proclaimed dead it is not always as it seems.
Yes exactly this, someone will start with panic and my orders will be filled.

I think that many people are scared of another 2014-like period, but this makes little sense considering Segwit+LN.
I will buy more now, in fiat.

am i the only one thinking that there must be some manipulation going on. call me some conspiracy nutjob but my gut tells me there is. like seriously, after all rises and dips since last month, who in his right mind will continue to sell at 0.0135? this just doesnt make sense to me. look at the charts from several timeframes. the whales are happy again and the minnows never seem to learn. i am holding my LTC too. i made some decent profits last month and now i made a reentry at 0.015+ and i am currently in the red. not gonna sell this to these mofos

I caught the April wave before Segwit and have some good profıt on LTC by cashing out gradually and then kinda trapped with a high base purchase price. Yes I am not an experienced coin trader.
Although I will still be in profit if I sell now my LTC for its current relatively quiete low price price compared to Segwit activation day, looks like I will hold my bag for at least a couple of months to see what new developments such as LN,MAST and so on will contribute to the value of  to LTC. I can wait for months for now as long as I see development and adoption of LTC but if LTC price goes lower than 20USD, technically it will neutrealize all the profits I made from LTC.

I know experience is priceless but I hope I will at least stay in the positive side of the balance so I can wait

Time will tell.

I also have a feeling this coin is going to be pumped more, if segwit gets real adoption. People will want this to send payments while the BTC issue is resolved. I bought some recently too, my only fear is ending up as a bagholder again because it was dead for a few years. However, I have a feeling this time this coin will only start to fade away when Bitcoin gets segwit / LN so better keep an eye on things.

It is always time to buy LTC when the price is stable now and there is little hype. In less than one month time, there will be a new hype for this coin and you would regret not buying at this price now. Now altcoins are in a bull market so a good strategy is to buy on dips and sell them when the coins get pumped.

err , LTC and DogE are merged mined

There's always emotional traders who make irrational decisions. That's how we make our profits.

DOGE got a way higher inflation rate, and the algos are the very same so huge collocations of LTC mining equipment (ASICS) could threaten it's network security.

dont sell LTC even if it loses in btc value. its headed for $100 its inevitable. btc fees are around $0.20-$0.50 or more now. where do you think small users will go for moving funds? ltc and doge! faster and cheaper. its a no brainer actually

You really think that there will be someone selling up to 0.01? If so, than forget about UP it will be disaster.


Unless BTC go very quickly to 2500, than yes, but price in fiat stays same.

And what will happen next when BTC hit 2000$? All altcoins will fall down including LTC, this is very nice time for living! Enjoy every freefall caused by bitcoin. Im not greedy i'm not waiting for 3x 5x or more return, i'm satisfied and with 2x, evrything goes. My  assumption is we are goin back to 0.018, then will BTC attack again and we might tuch back 0.01. This will be bottom for the LTC, then UP.

glad to see ltc price is moving up into 0.016 and i think the price will be increase more soon and after segwit, i hope that it will help ltc to go moon. yes we can see that in yesterday ltc got dump but i think its because of bitcoin price is moving up so ltc price is drop and its not for ltc only, but for the other altcoin. and now, i only waiting for increasing the price.