Why Litecoin Could Become the Best Investment of 2015 - page 3.

tokeweed

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Quote from: dballing on July 01, 2015, 10:27:22 PM

I'm hedged and believe in both BTC and LTC, but check out this new article about Litecoin: https://atriark.com/blog/litecoin-become-best-investment-2015/

For the past 2 years my wealthy Bitcoin elitist buddies had been making fun of me for holding some Litecoin and told me that there can only be Bitcoin, but LTC is looking promising.

Since people still have to buy BTC to get to LTC this could actually be a good thing for BTC.

I agree. But imo it's partly thanks to Andresen's XT and how Hearn plans to make it the main chain. Some people are looking to hedge their positions and LTC is the safest most practical bet.

I m holding mostly LTC now with some BTC and a little Cannabiscoin (of course!). Grin

But I'm looking to get into Cannabiscoins more, but we'll see. I've been posting at their thread but the devs/crew there doesn't seem to respond much.

otto93

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Quote from: pooya87 on July 03, 2015, 01:04:23 AM

Quote from: Harry Hood on July 01, 2015, 11:10:15 PM

Litecoin was $10 a year ago...you sure it's "due for a rise"?

A lot of interesting points here. Do people really think the hard fork is causing people to turn away from Bitcoin? This seems plausible in theory and not in reality.

i think there are a lot of reasons for litecoin being pumped right now.

the biggest reason in my opinion is the fact that bitcoin market was stable for a long time and the price was going down or stayed at stable price. so a lot of traders went for a bigger profit and started pumping litecoin.

additionally litecoin's block reward halving is another push for this pump.

There have been numerous "dead coins" that have been pumped over the last month. Sometime's they didn't even have a dev, like Fedoracoin and Mintcoin. Even Tickets got pumped, and the Tickets network isn't even working. It doesn't seem to matter if a coin is any good or not, for some unknown reason certain coins are getting pumped.

Litecoin's certainly not a "dead coin", but there may be no reason it's getting pumped, it just is.

manfred

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Quote from: unusualfacts30 on July 03, 2015, 05:59:54 AM

Litecoin moves with bitcoin so if bitcoin goes up so will litecoin. everyone knows this...everyone!

Please explain

unusualfacts30

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Litecoin moves with bitcoin so if bitcoin goes up so will litecoin. everyone knows this...everyone!

benthach

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i choose ltc over scam coins paycoin, startcoin, monero, dass(digital ass) or shadowscam anytime.

scam coin = promises everything, offer nothing and have nothing beside copy/paste wallet

Fedoracoins

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you never no what is going with litecoin

pooya87

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Quote from: Harry Hood on July 01, 2015, 11:10:15 PM

Litecoin was $10 a year ago...you sure it's "due for a rise"?

A lot of interesting points here. Do people really think the hard fork is causing people to turn away from Bitcoin? This seems plausible in theory and not in reality.

i think there are a lot of reasons for litecoin being pumped right now.

the biggest reason in my opinion is the fact that bitcoin market was stable for a long time and the price was going down or stayed at stable price. so a lot of traders went for a bigger profit and started pumping litecoin.

additionally litecoin's block reward halving is another push for this pump.

dballing

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Quote from: Scamc0p on July 01, 2015, 11:10:52 PM

But alas, it will never be independent of it's father.
Litecoin will always ride on the coat tails.
As soon as bitcoin goes down it will go down.

It's hard to agree with your statement at this very moment. Litecoin has already reached pre-rally prices and with the halving event coming up in less than 60 days it should be up trending from here. My guess is that panic buying will ensue two weeks out from the actual Litecoin halving event. As to whether it maintains it's price after that day is another story, but I'm extremely confident that this will be a nice bull run.

toknormal

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Litecoin got pumped by a single entity.

That entity could have been an exchange, a mining rig manufacturer - who knows who and who knows why.

If you don't know why you're buying or are just buying because it got "pumped" then you'll just get burned, and deservedly so.

It was a step rise (note: not "steep" but "step") and at that, a pale shadow of the November 2013 one. The best you can expect therefore is a gradual decline instead of a step fall.

Compared to the November 2013 pump, it's already starting to tip over and has nowhere near the volume.

1FfmbHfnpaZjKFvyi1okTjJJu

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Quote from: pooya87 on July 01, 2015, 11:04:02 PM

i admit that litecoin had a pretty nice month for its price and made many investors that had started early when the price was low and it showed some movements. but i don't see it as a long term investment.

litecoin has a block halving on the way which is contributing to its price rise besides there was the bitcoin price stability for some time and also the recent price rise which also contributed to the litecoin pump.

some of whales altcoin now leave bittrex and poloniex and they are seriously to push litecoin market

Scamc0p

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But alas, it will never be independent of it's father.
Litecoin will always ride on the coat tails.
As soon as bitcoin goes down it will go down.

Harry Hood

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Litecoin was $10 a year ago...you sure it's "due for a rise"?

A lot of interesting points here. Do people really think the hard fork is causing people to turn away from Bitcoin? This seems plausible in theory and not in reality.

pooya87

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i admit that litecoin had a pretty nice month for its price and made many investors that had started early when the price was low and it showed some movements. but i don't see it as a long term investment.

litecoin has a block halving on the way which is contributing to its price rise besides there was the bitcoin price stability for some time and also the recent price rise which also contributed to the litecoin pump.

1FfmbHfnpaZjKFvyi1okTjJJu

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Quote from: Argwai96 on July 01, 2015, 10:53:21 PM

Well i wouldn't buy now there was a big pump to 4 usd it might go back to 2.8 or so before it goes up even more, a lot of people got back in when it broke 1.5 usd or so.

i buy at price 25.77 CNY/ 4.15$ some minute ago and i want to hold it
i trust litecoin will be up to 5$

http://prntscr.com/7nsz8j

Argwai96

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Quote from: sun64986161 on July 01, 2015, 10:41:25 PM

litecoin very spesial in first launch rate very high then some miner dump it very low
after it miner and whales buy back her Litecoin more than he sell and with low cost

now accumulation is finish, and whales cooperate with same media, news to give good news about litecoin

I think litecoin is Best investment if you buy in accumulation rate, not in high line like now

Well i wouldn't buy now there was a big pump to 4 usd it might go back to 2.8 or so before it goes up even more, a lot of people got back in when it broke 1.5 usd or so.

sun64986161

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litecoin very spesial in first launch rate very high then some miner dump it very low
after it miner and whales buy back her Litecoin more than he sell and with low cost

now accumulation is finish, and whales cooperate with same media, news to give good news about litecoin

I think litecoin is Best investment if you buy in accumulation rate, not in high line like now

Argwai96

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well litecoin could actually go back up to 10 usd no problem is part of the top 5 coins, back when it was .90 cents i saw it has a good investment and today i sit happy to see is moving up, this type of coins with so much history take time.

subSTRATA

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:^)

neat read, I also have a few dozen litecoins lying around, but wouldnt hurt to buy a few more using btc, hope itll pay off in the coming months

dballing

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I'm hedged and believe in both BTC and LTC, but check out this new article about Litecoin: https://atriark.com/blog/litecoin-become-best-investment-2015/

For the past 2 years my wealthy Bitcoin elitist buddies had been making fun of me for holding some Litecoin and told me that there can only be Bitcoin, but LTC is looking promising.

Since people still have to buy BTC to get to LTC this could actually be a good thing for BTC.

Topic: Why Litecoin Could Become the Best Investment of 2015 - page 3. (Read 3820 times)