Topic: Why litecoin is going up so high? (Read 759 times)
I researched a coin market. My analyzing brought me the discovery that Litecoin is always following the Bitcoin. Bitcoin growth is causing Litecoin to rise. People are afraid of the Bitcoin stabilization and many investors are turning towards Litecoin. They see some kind of insurance in it and this trading is making Litecoin price higher. It won't last for long and I think that in the next year Litecoin will fall in the value.
I think there are a few factors, one being that the transaction fees are smaller and transfer times are shorter. I think we will see a price correction but then it will go up again in my opinion. Another coin I wish i had invested in a few months ago, I didnt have the money to invest at the time and am paying the price now but don't invest what you cant afford and I had other bills and things to take care of before investing. Hopefully it corrects some so I can get in a little lower than it is now.
I feel the Litecoin is going high because the validation process of buying LTC is quicker than BTC . These might be the reason people are getting on to it.
That's one of the biggest advantage of Litecoin over the bitcoin as the transactions are so quick in lightening speed which bitcoin needs to improve and apart from that Litecoin is affordable even though it's value is sky rocketing but still we can buy more Litecoin than bitcoin or ethreum in terms of investment and nowadays people have started thinking from a broader point of view I mean earlier it was only bitcoin but now it's altcoins which are predicted as next big thing and I am sure Litecoin has a long way to go and the year 2018 will bring many changes to crypto market.
Bitcoin is very stable, the creator is very active on social media, it's fast, it's old, it's underestimate and Litecoin is often referred to as "the silver to Bitcoin's gold", I think if you love Bitcoin ou must also Litecoin because on the surface, Bitcoin and Litecoin share a lot in common
is charlie lee a bit weird... i mean he waits years for his baby to pump and get some recognition but straight away is trying to shoot it down.... is there some strange reasoning behind this or just being super responsible?
why when crypto is just going mainstream and getting legitimised would their suddenly be a huge years of bear markets?
I mean barring a black swan event I see no good reason for a limited supply token like btc with increasing interest to not keep rising?
The rising prices and acceptance brings people to crypto and they see other projects like ltc..... supply and demand.
why when crypto is just going mainstream and getting legitimised would their suddenly be a huge years of bear markets?
I mean barring a black swan event I see no good reason for a limited supply token like btc with increasing interest to not keep rising?
The rising prices and acceptance brings people to crypto and they see other projects like ltc..... supply and demand.
Usually litecoin is lot more stable than any other coins. But in couple of days LTC has grown dramatically too high. What could be the possible reason behind it? Is it too high to invest in LTC now ?
1) Very low transfer fees mean it's being used as a currency for cross-exchange transfers.
2) Founder Charlie Lee has been on TV a lot
3) Coinbase/GDAX only offers BTC, ETH, and LTC. Coinbase is the primary fiat ramp for American investors, so they have to choose one of the three and LTC looks "Cheapest" to new investors.
4) It does everything bitcoin does, only 4X faster and two to three orders of magnitude cheaper.
5) Hype, momentum, and the madness of crowds.
Litecoin is the fork of bitcoin, which is why it began to grow after the bitcoin itself, after a short time, all forks tend follow over bitcoin over time!
Of course, it makes sense to buy them, sooner or later it will grow again!
Of course, it makes sense to buy them, sooner or later it will grow again!
I feel the Litecoin is going high because the validation process of buying LTC is quicker than BTC . These might be the reason people are getting on to it.
Usually litecoin is lot more stable than any other coins. But in couple of days LTC has grown dramatically too high. What could be the possible reason behind it? Is it too high to invest in LTC now ?
for the last time,
bitcoiners are migration towards ltc. thats the reasons,
because bitcoin is useless for transfers, and people stop believing in it, and its lower quality tech.
regards
Hi. Look, I think it is not so do not buy LTC because it is more convenient for transfer or development technologies. Cryptocurrency Litecoin is written in the same language of Solidity and so he is no better. Just among traders accepted that Litecoin is a well-established coin to fix the savings. Because LTC is not as volatile as BTC, and it is great to wait out the storm.
Errrrr, so tempted to dump LTC right now, if I hang on now and it drops I might be holding through the predicted "multi year bear market Charlie is predicting.
Only hold 2.8 coins! Big decisions!
Only hold 2.8 coins! Big decisions!
charlie also said that litecoin would reach 1200 USD next year. I believe he is right about that. it's only around 10% of bitcoin, and that is fair!
I'm hodling my litecoins tight!
I'm hodling my litecoins tight!
I think Bitcoin users are starting to flock towards Litecoin to transfer their funds without having to pay too many taxes. We have to see if this is going to continue in the long run or if everyone will return to BTC once it has its scaling solutions.
Even the Creator of this coin Mr. lee, posted a tweet that the price of litecoin now too high and it will fall. Well, I think the price greatly went up.
I think litecoin can go on the correction. Charlie sheen warned of a possible price reduction.I think he could fall to $ 100.
There are a lot many reasons for LTC Pump in the recent days, few to mention are as follows:
1. Implementation of Lightning Network is coming close
2. Lightning Network successfully tested on MainNet
3. New Marketing push on LTC
4. Charli Lee on CNBC
5. LTC is always considered as the silver of cryptocurrency
6. When people are unsure about BTC or ETH, LTC is the token they found refuge in.
Cheers!!
1. Implementation of Lightning Network is coming close
2. Lightning Network successfully tested on MainNet
3. New Marketing push on LTC
4. Charli Lee on CNBC
5. LTC is always considered as the silver of cryptocurrency
6. When people are unsure about BTC or ETH, LTC is the token they found refuge in.
Cheers!!
Usually litecoin is lot more stable than any other coins. But in couple of days LTC has grown dramatically too high. What could be the possible reason behind it? Is it too high to invest in LTC now ?
Think today LTC rose to the level of a $ 420 on Coinbase, but in the summer I sold him for 40, and so much rejoiced - what a good deal spent. Rate of popular currencies very quickly. And increase current rates of LTC is just pump and bitcoin with this regular users invested in popularno cryptocurrencies, besides Bitcoin 
Usually litecoin is lot more stable than any other coins. But in couple of days LTC has grown dramatically too high. What could be the possible reason behind it? Is it too high to invest in LTC now ?
for the last time,
bitcoiners are migration towards ltc. thats the reasons,
because bitcoin is useless for transfers, and people stop believing in it, and its lower quality tech.
regards
Litecoin is considered what Silver is considered to Gold. With Bitcoin going upto almost 20000 USD now all the new people might be thinking that Litecoin is the next obvious thing. Maybe this is the reason for the rise of LTC.
It is said that Charlie Lee invested in marketing))))
But to be honest, always when Bitcoin grows and stays oh high positions, then the LTC coin grows with it. After all, for Charlie Lee production of mining equipment
But to be honest, always when Bitcoin grows and stays oh high positions, then the LTC coin grows with it. After all, for Charlie Lee production of mining equipment
LTC is going up because many partnerships and starting marketing. I think that Ltc will go down to 230-250$ and then up to higher
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