1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Litecoin Value Going Insane

Discussion in 'CryptoCurrency' started by babysunshine, Jul 10, 2015.

  1. babysunshine

    babysunshine Junior Member

    Joined:
    Nov 29, 2008
    Messages:
    115
    Likes Received:
    41
    Litecoin price has been going up about a dollar a day now. See here: https://bitcoinwisdom.com/markets/btce/ltcusd
    Has over twice the trade volume that of Bitcoin. See here: http://cryptocoincharts.info/coins/graphicalComparison

    The Litecoin halving will occur in 47 days. Seen here: http://www.litecoinblockhalf.com/

    Not only that, it just surpassed Ripple as now 2nd largest coin. People are seriously getting worried about the Bitcoin core vs Bitcoin XT debate and the dust spam that is backlogging the BTC network.

    Interesting times ahead.
     
  2. babysunshine

    babysunshine Junior Member

    Joined:
    Nov 29, 2008
    Messages:
    115
    Likes Received:
    41
    Looks like it could hit $9 or $10 tonight.
     
  3. ostrich

    ostrich Junior Member

    Joined:
    Sep 26, 2011
    Messages:
    192
    Likes Received:
    27
    The price just dropped again
     
  4. selo

    selo Junior Member

    Joined:
    Jan 23, 2009
    Messages:
    117
    Likes Received:
    25
    Location:
    Digital Nomad
    Might be a good time to buy. It will surely go up, at least slightly, before the halving.
     
  5. watley

    watley Power Member

    Joined:
    Oct 17, 2012
    Messages:
    525
    Likes Received:
    238
    Location:
    San Francisco
    Litecoin's value increased because of the Chinese stock market crash and a very large Chinese ponzi scheme involving Litecoin. As soon as the Chinese stock market starts going up in value again, they'll dump their Litecoin and get back in.
     
  6. cyriac1994

    cyriac1994 Newbie

    Joined:
    Jun 21, 2011
    Messages:
    1
    Likes Received:
    0
    i think its the right time to invest on it :)
     
  7. mazar

    mazar Regular Member

    Joined:
    May 24, 2010
    Messages:
    332
    Likes Received:
    131
    itll go up and down abit this week but it will take a huge dive again this weekend if your in profit i would go back to fiat before then . if your buying in i would wait until it goes below $3 friday night or saturday morning
     
  8. the_demon

    the_demon Jr. Executive VIP

    Joined:
    Nov 23, 2008
    Messages:
    3,225
    Likes Received:
    1,594
    Occupation:
    Search Engine Marketing
    Location:
    The Internet
  9. BlackSalt

    BlackSalt Newbie

    Joined:
    Oct 17, 2015
    Messages:
    10
    Likes Received:
    2
    You have observe the sinusoidal nature, while investing. In the start of 2014, it was way up and goes down in the April or May 2014. And many investors lose allot there. So, do not see the linear behavior, focus on sinusoidal nature.
     
  10. josegustavo

    josegustavo Junior Member

    Joined:
    Jul 5, 2015
    Messages:
    119
    Likes Received:
    12
    Location:
    Lissabon
    I think, near about one month has been passed after your post and now the price of litecoin has been dropped. In my opinion, BTC is the most reliable mean of CryptoCurrency.
     
  11. kastio

    kastio Newbie

    Joined:
    Nov 11, 2015
    Messages:
    17
    Likes Received:
    1
    Litecoin is too unstable for anyone to really invest in. Bitcoin all the way here, nothings going to trumped that anytime soon
     
  12. bojan92

    bojan92 Regular Member

    Joined:
    Jul 20, 2015
    Messages:
    219
    Likes Received:
    50
    I dont like the ups and downs because they make me feel dizzy and scared but at least there is some light at the end of the tunnel and all the investors in the coin might walk around with big smiles on their face this holiday due to its success