What's going to happen to Litecoin price?

Purple Wayne

member

Activity: 62

Merit: 10

Quote from: n2004al on August 16, 2015, 11:47:02 PM

I think will happen nothing. There are no reason to happen something with the price. The producing will continue and in the market will have again litecoin. I think that the amount of litecoin is enough to bear all the requests of the market for litecoin. For more litecoin is not so important as a coin compare with bitcoin. And as I remember nothing happening even in the time when the same thing happen with bitcoin (from 50 to 25 btc).

Why does it need a reason? But the reason it'll go up is because of speculators thinking it will. Even if it does people will just dump shortly after and it'll come crashing back down.

n2004al

legendary

Activity: 1134

Merit: 1000

I think will happen nothing. There are no reason to happen something with the price. The producing will continue and in the market will have again litecoin. I think that the amount of litecoin is enough to bear all the requests of the market for litecoin. For more litecoin is not so important as a coin compare with bitcoin. And as I remember nothing happening even in the time when the same thing happen with bitcoin (from 50 to 25 btc).

kingscrown

hero member

Activity: 672

Merit: 500

http://fuk.io - check it out!

price should go up mad

and not due to halving but due to.. whales using it for pump

El Dude

hero member

Activity: 770

Merit: 500

Quote from: leipebarry on August 16, 2015, 11:38:57 AM

Quote from: Zer0Sum on August 16, 2015, 11:00:19 AM

Quote from: leipebarry on August 16, 2015, 10:41:58 AM

People are waiting for the blockhalving to go up just to dump their worthless Litecoins.

Litecoins can be used where?
There is no Litecoin ecosystem whatsoever.
Charlie Lee said it himself there is no ecosystem, ''Litecoins needs merchants and users.''
But no merchants wants Litecoin and no user wants Litecoin.

Charlie Lee: “Litecoin Does Not Need Development Right Now”
He simply left the coin because it has no future.

Hell even Guldencoin has a much better ecosystem than Litecoin.

What is this shit about "ecosystems"? A bunch of teens on BitcoinTalk?

Every Money Transmitter in the Real World (and there are 1000s)...
That accepts BTC also accepts LTC, but I assure no one has ever heard of Guldencoin.

It's all about liquidity - here's last 24 hours:

LTC: $3,500,000
NLG: $534

Any coin with $500 liquidity is a joke...
Even ByteCoin is a total scam with $13,500,000 cap but only $15,000/day in liquidity...
That ratio is impossible without a group totally rigging the marhet.

Thanks for making it clear that either Litecoin is overvalued or Guldencoin is undervalued.

leipebarry , consider yourself a retard in my book

Monopoly

hero member

Activity: 546

Merit: 500

I bought 1000 litecoin at price $1.3 and out at $4.3 ....... i think it was a pumping and after that litecoin is going to dead ........... litecoin is nothing except a copy of bitcoin ..........

KhalDrago

sr. member

Activity: 350

Merit: 250

litecoin should be 100+ spot in marketcap..its an uber shit coin with nothing more offering than exchanging the worthless litecoins for btc..charlie lee abandoned it already and the coin is left with some chinese pump n dump retards.

leipebarry

member

Activity: 84

Merit: 10

Quote from: Zer0Sum on August 16, 2015, 11:00:19 AM

Quote from: leipebarry on August 16, 2015, 10:41:58 AM

People are waiting for the blockhalving to go up just to dump their worthless Litecoins.

Litecoins can be used where?
There is no Litecoin ecosystem whatsoever.
Charlie Lee said it himself there is no ecosystem, ''Litecoins needs merchants and users.''
But no merchants wants Litecoin and no user wants Litecoin.

Charlie Lee: “Litecoin Does Not Need Development Right Now”
He simply left the coin because it has no future.

Hell even Guldencoin has a much better ecosystem than Litecoin.

What is this shit about "ecosystems"? A bunch of teens on BitcoinTalk?

Every Money Transmitter in the Real World (and there are 1000s)...
That accepts BTC also accepts LTC, but I assure no one has ever heard of Guldencoin.

It's all about liquidity - here's last 24 hours:

LTC: $3,500,000
NLG: $534

Any coin with $500 liquidity is a joke...
Even ByteCoin is a total scam with $13,500,000 cap but only $15,000/day in liquidity...
That ratio is impossible without a group totally rigging the marhet.

Thanks for making it clear that either Litecoin is overvalued or Guldencoin is undervalued.
By the way I often see a store with the sticker that they accept Bitcoin but never seen a store with a Litecoinsticker wich says ''Litecoin accepted''
Not attacking the coin just stating as it is.

If someone offers you 1 Bitcoin or 60 Litecoins what would you choose?
Just saying dude.

o0‡0o

full member

Activity: 227

Merit: 103

Have faith.

the general direction of it is up, only the speed of it is unknown

bitcasino

sr. member

Activity: 342

Merit: 250

Quote from: Huobi-USD on August 12, 2015, 07:03:31 AM

http://www.litecoinblockhalf.com/

12 Days til Litecoin block reward halving.
What's going to happen to LTC price?

I am not sure but I think the reward halving is already priced into LTC market.

Zer0Sum

legendary

Activity: 1588

Merit: 1000

Quote from: leipebarry on August 16, 2015, 10:41:58 AM

People are waiting for the blockhalving to go up just to dump their worthless Litecoins.

Litecoins can be used where?
There is no Litecoin ecosystem whatsoever.
Charlie Lee said it himself there is no ecosystem, ''Litecoins needs merchants and users.''
But no merchants wants Litecoin and no user wants Litecoin.

Charlie Lee: “Litecoin Does Not Need Development Right Now”
He simply left the coin because it has no future.

Hell even Guldencoin has a much better ecosystem than Litecoin.

What is this shit about "ecosystems"? A bunch of teens on BitcoinTalk?

Every Money Transmitter in the Real World (and there are 1000s)...
That accepts BTC also accepts LTC, but I assure no one has ever heard of Guldencoin.

It's all about liquidity - here's last 24 hours:

LTC: $3,500,000
NLG: $534

Any coin with $500 liquidity is a joke...
Even ByteCoin is a total scam with $13,500,000 cap but only $15,000/day in liquidity...
That ratio is impossible without a group totally rigging the marhet.

Topbanker

jr. member

Activity: 157

Merit: 1

Well its very simple really. Litecoin according to the laws of math and economics will crash around 33% for 1 week then it will steadily rise again and then it will just die.

leipebarry

member

Activity: 84

Merit: 10

People are waiting for the blockhalving to go up just to dump their worthless Litecoins.

Litecoins can be used where?
There is no Litecoin ecosystem whatsoever.
Charlie Lee said it himself there is no ecosystem, ''Litecoins needs merchants and users.''
But no merchants wants Litecoin and no user wants Litecoin.

Charlie Lee: “Litecoin Does Not Need Development Right Now”
He simply left the coin because it has no future.

Hell even Guldencoin has a much better ecosystem than Litecoin.

GriffinHeart

full member

Activity: 182

Merit: 100

Hello there!

It may drop like the big boy over hiroshima,
or it may just do nuffin and stay at a regular price.

NorrisK

legendary

Activity: 1946

Merit: 1007

I think most litecoin miners directly liquidate towards bitcoin (as opposed to bitcoin miners, who keep most of the coins.)

If this assumption is true, we can expect a nice increase after the halving due to a massive decrease in incoming supply.

I don't expect it to double, but 50% should be possible. Also because litecoin is undervalued still.

tyz

legendary

Activity: 3360

Merit: 1533

I guess there will be a slight increase of the price. Not from one day to another, but over the next weeks after the halving. But I do not think that we will see a price double this year.

irfan01

member

Activity: 112

Merit: 10

I hope that the price could 2X of current Cheesy

Za1n

legendary

Activity: 1078

Merit: 1011

Only a little over 9 days away now, I would have expected the price to start moving up if it was going to by now.

As others have already pointed out, the recent pump/dump might have been the expected rise everyone was waiting for and now that we are still double the end of May price it might be as good as it gets for Litecoin. I would expect the price to fall somewhat after the halving, probably not back to $1.50 again, but settle somewhere around the $2.50-$3.00 mark. I think one of the problems, that's even been hinted at in this thread, is there are still a lot of LTC bag-holders just waiting for a good price to dump. This huge dump potential will more than offset the reduced coin supply being mined, so any hopes of $10 Litecoin in the next 10 days is very unlikely at this point.

KhalDrago

sr. member

Activity: 350

Merit: 250

Litecoin will see its end after the halving..cus there will be nothing to look forward to and it will be just a useless copy of bitcoin.

Sir Alpha_goy

sr. member

Activity: 448

Merit: 250

.

leipebarry

member

Activity: 84

Merit: 10

Litecoin will only be used for pump and dumps.

There is no innovation in Litecoin, no updates/development and stores are not interested in it. (Read the article about Charlie Lee)
Even with the blockhalving reward the coin has no true value anymore exept for whales and traders.
If you are not interested in global acceptance regarding cryptocurrency but just in it for the trade I would say go ahead trade in it.

After the blockhalving reward there will be a big dump eventually because of the upcoming Bitcoin halving next year.

Just wait for it.

Topic: What's going to happen to Litecoin price? (Read 1516 times)