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Topic: Will Litecoin ever see prices reach $1000? (Read 3502 times)

legendary
Activity: 1330
Merit: 1000
dafar consulting
December 14, 2013, 06:55:36 PM
#34
Bump...

Any more insight on litecoins?
global moderator
Activity: 3990
Merit: 2717
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December 14, 2013, 05:13:18 PM
#33


Which ones are these? Peercoin and Namecoin?


Nah, take a gamble on one of the cheaper ones. Feathercoin, WorldCoin, Megacoin etc. Do some research and see which one has something that the others can't or don't offer.

Lots of people are talking about quarkcoin and dodgecoin, but am I missing something? What is so special about it?

They're just bagholders trying to pimp out and promote coins they got in early with and hold lots of. People missed the BTC train so they want to try get rich quick off a shitty alt, so they just spam about how good it is in the hope the price rises so they can pump and dump their coins.
member
Activity: 84
Merit: 10
December 14, 2013, 05:10:29 PM
#32
Do I buy it now or wait for the price to drop a little?


I'm thinking of buying now...it was around $41 but now it's at $29... I'm pretty sure it'll at least go back to $41 sometime soon. Mt. Gox is about to open up their platform for people to trade LTC too. And I'm sure Coinbase will open up their service for Litecoin too, maybe not soon but definitely sometime since the creator of Litecoin works at Coinbase. I can exchange one bitcoin for a bunch of LTC right, I think i'll do that today or tomorrow.

Invest into Diamond - DMD  Grin Litecoin is hard to get such a high price

PS: I own several hundred Litecoin already

You're the 2nd person to mention DMD in this thread... can you tell me more about it or show me where to get info? I think I want to invest in LTC and one or 2 other atl coins too. Namecoin sounds pretty interesting.


Your saying about MT GOX and coinbase adding LTC soon, how soon do you reckon?

Thanks

Mt gox -- maybe soon, i'll have to find the source of where I heard this.

Coinbase -- no idea. I think for now they are focused on bitcoin and making it simple for the common person to use, and this is something bitcoin desperately needs. I think they are gonna wait on litecoin to not confuse people

It needs some merchants behind it. It will keep rising as Bitcoin rises and people jump onto the 'next best currency'.

This pretty much. I can't see it getting anywhere close to Bitcoin in value without any merchants accepting it. I've heard almost nothing about Litecoin in the media, and even when I have it's only a tiny passing reference.

And that is exactly why I want to invest. If you keep hearing about it, it's likely you missed the boat and missed out on crazy insane returns. Bitcoin is the first cryptocurrency the world has ever seen and the media/public is barely able to understand it as it is. Litecoin and alt coins is a whole another level of confusion. Even people who know how to buy bitcoin might not know how to buy alt coins. When that changes wouldn't the prices rise a lot? And about merchant adoption, litecoin is basically a copy of bitcoin, as bitcoin paves the way for cryptocurrency adoption and builds the infrastructure, it won't be any issue to start accepting litecoin as well. But since right now it at such an early stage is the main reason I would want to invest in it.

I definitely don't want to miss the boat for litecoin
legendary
Activity: 1330
Merit: 1000
dafar consulting
December 14, 2013, 05:06:22 PM
#31
Do I buy it now or wait for the price to drop a little?


I'm thinking of buying now...it was around $41 but now it's at $29... I'm pretty sure it'll at least go back to $41 sometime soon. Mt. Gox is about to open up their platform for people to trade LTC too. And I'm sure Coinbase will open up their service for Litecoin too, maybe not soon but definitely sometime since the creator of Litecoin works at Coinbase. I can exchange one bitcoin for a bunch of LTC right, I think i'll do that today or tomorrow.

Invest into Diamond - DMD  Grin Litecoin is hard to get such a high price

PS: I own several hundred Litecoin already

You're the 2nd person to mention DMD in this thread... can you tell me more about it or show me where to get info? I think I want to invest in LTC and one or 2 other atl coins too. Namecoin sounds pretty interesting.


Your saying about MT GOX and coinbase adding LTC soon, how soon do you reckon?

Thanks

Mt gox -- maybe soon, i'll have to find the source of where I heard this.

Coinbase -- no idea. I think for now they are focused on bitcoin and making it simple for the common person to use, and this is something bitcoin desperately needs. I think they are gonna wait on litecoin to not confuse people

It needs some merchants behind it. It will keep rising as Bitcoin rises and people jump onto the 'next best currency'.

This pretty much. I can't see it getting anywhere close to Bitcoin in value without any merchants accepting it. I've heard almost nothing about Litecoin in the media, and even when I have it's only a tiny passing reference.

And that is exactly why I want to invest. If you keep hearing about it, it's likely you missed the boat and missed out on crazy insane returns. Bitcoin is the first cryptocurrency the world has ever seen and the media/public is barely able to understand it as it is. Litecoin and alt coins is a whole another level of confusion. Even people who know how to buy bitcoin might not know how to buy alt coins. When that changes wouldn't the prices rise a lot? And about merchant adoption, litecoin is basically a copy of bitcoin, as bitcoin paves the way for cryptocurrency adoption and builds the infrastructure, it won't be any issue to start accepting litecoin as well. But since right now it at such an early stage is the main reason I would want to invest in it.
member
Activity: 70
Merit: 10
December 14, 2013, 05:06:16 PM
#30


Which ones are these? Peercoin and Namecoin?


Nah, take a gamble on one of the cheaper ones. Feathercoin, WorldCoin, Megacoin etc. Do some research and see which one has something that the others can't or don't offer.

Lots of people are talking about quarkcoin and dodgecoin, but am I missing something? What is so special about it?
It stands out because it has the most dumpers and fastest dumping speeds on exchanges.
member
Activity: 84
Merit: 10
December 14, 2013, 05:02:10 PM
#29


Which ones are these? Peercoin and Namecoin?


Nah, take a gamble on one of the cheaper ones. Feathercoin, WorldCoin, Megacoin etc. Do some research and see which one has something that the others can't or don't offer.

Lots of people are talking about quarkcoin and dodgecoin, but am I missing something? What is so special about it?
legendary
Activity: 1232
Merit: 1195
December 14, 2013, 05:00:49 PM
#28


Which ones are these? Peercoin and Namecoin?


Nah, take a gamble on one of the cheaper ones. Feathercoin, WorldCoin, Megacoin etc. Do some research and see which one has something that the others can't or don't offer.
member
Activity: 70
Merit: 10
December 14, 2013, 04:58:28 PM
#27
$1000? Maybe in a very long time. I'd say its very capable to hit 3 figures though.
member
Activity: 84
Merit: 10
December 14, 2013, 04:56:53 PM
#26
Do I buy it now or wait for the price to drop a little?

Buying at the correction is good idea, but buying in front of the collapse is not. So, answer is not easy. I hope it will not collapse. Smiley


This is the key question, if we all knew this we would be millionaires!
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
December 14, 2013, 04:56:14 PM
#25
It needs some merchants behind it. It will keep rising as Bitcoin rises and people jump onto the 'next best currency'.

This pretty much. I can't see it getting anywhere close to Bitcoin in value without any merchants accepting it. I've heard almost nothing about Litecoin in the media, and even when I have it's only a tiny passing reference.
legendary
Activity: 1330
Merit: 1000
dafar consulting
December 14, 2013, 04:53:59 PM
#24
Do I buy it now or wait for the price to drop a little?

I'd buy now. Price has been pretty steady overall.

Thanks, there are sooooo many different types of coins.

Go for one of the up-and-coming ones rather than LTC. Bigger money to be made if you get em whilst they're cheap.


Which ones are these? Peercoin and Namecoin?


Peercoin - implemented a new idea that addresses some of the concerns that people have with Bitcoin and Litecoin mining not being profitable enough to provide security.

Namecoin - provides a distributed way of creating domain names (similar to "reddit.com" or "google.com") that is decentralized. In the same way other cryptocurrencies decentralize currency, namecoin aims to decentralize domain names.


I feel like bitcoin opened up a world of other opportunities where a lot of good investments and money can be made. I really need to spend more time learning about these alt coins.
hero member
Activity: 1456
Merit: 608
Vave.com - Crypto Casino
December 14, 2013, 04:52:57 PM
#23
Do I buy it now or wait for the price to drop a little?

Buying at the correction is good idea, but buying in front of the collapse is not. So, answer is not easy. I hope it will not collapse. Smiley
member
Activity: 84
Merit: 10
December 14, 2013, 04:52:30 PM
#22
Do I buy it now or wait for the price to drop a little?


I'm thinking of buying now...it was around $41 but now it's at $29... I'm pretty sure it'll at least go back to $41 sometime soon. Mt. Gox is about to open up their platform for people to trade LTC too. And I'm sure Coinbase will open up their service for Litecoin too, maybe not soon but definitely sometime since the creator of Litecoin works at Coinbase. I can exchange one bitcoin for a bunch of LTC right, I think i'll do that today or tomorrow.

Invest into Diamond - DMD  Grin Litecoin is hard to get such a high price

PS: I own several hundred Litecoin already

You're the 2nd person to mention DMD in this thread... can you tell me more about it or show me where to get info? I think I want to invest in LTC and one or 2 other atl coins too. Namecoin sounds pretty interesting.


Your saying about MT GOX and coinbase adding LTC soon, how soon do you reckon?

Thanks
legendary
Activity: 1232
Merit: 1195
December 14, 2013, 04:50:17 PM
#21
Do I buy it now or wait for the price to drop a little?

I'd buy now. Price has been pretty steady overall.

Thanks, there are sooooo many different types of coins.

Go for one of the up-and-coming ones rather than LTC. Bigger money to be made if you get em whilst they're cheap.
legendary
Activity: 1330
Merit: 1000
dafar consulting
December 14, 2013, 04:48:48 PM
#20
Do I buy it now or wait for the price to drop a little?


I'm thinking of buying now...it was around $41 but now it's at $29... I'm pretty sure it'll at least go back to $41 sometime soon. Mt. Gox is about to open up their platform for people to trade LTC too. And I'm sure Coinbase will open up their service for Litecoin too, maybe not soon but definitely sometime since the creator of Litecoin works at Coinbase. I can exchange one bitcoin for a bunch of LTC right, I think i'll do that today or tomorrow.

Invest into Diamond - DMD  Grin Litecoin is hard to get such a high price

PS: I own several hundred Litecoin already

You're the 2nd person to mention DMD in this thread... can you tell me more about it or show me where to get info? I think I want to invest in LTC and one or 2 other atl coins too. Namecoin sounds pretty interesting.
member
Activity: 84
Merit: 10
December 14, 2013, 04:47:01 PM
#19
Do I buy it now or wait for the price to drop a little?

I'd buy now. Price has been pretty steady overall.

Thanks, there are sooooo many different types of coins.
legendary
Activity: 1232
Merit: 1195
December 14, 2013, 04:41:16 PM
#18
Do I buy it now or wait for the price to drop a little?

I'd buy now. Price has been pretty steady overall.
hero member
Activity: 764
Merit: 500
December 14, 2013, 04:40:17 PM
#17
Do I buy it now or wait for the price to drop a little?

You'll get more bang for your buck if you wait until it drops but miss out on far more if it goes up instead of down. Remember to grab some PPC and maybe some NMC too.
member
Activity: 84
Merit: 10
December 14, 2013, 04:35:30 PM
#16
Do I buy it now or wait for the price to drop a little?
legendary
Activity: 1232
Merit: 1195
December 14, 2013, 04:33:58 PM
#15
It needs some merchants behind it. It will keep rising as Bitcoin rises and people jump onto the 'next best currency'.
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