Litecoin Value Going Insane

babysunshine

Junior Member

Nov 29, 2008

115

41

• Jul 10, 2015

• #1

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.

 

babysunshine

Junior Member

Nov 29, 2008

115

41

• Jul 10, 2015
• Thread Starter Thread Starter

• #2

Looks like it could hit $9 or $10 tonight.

 

O

ostrich

Regular Member

Sep 26, 2011

237

39

• Jul 11, 2015

• #3

The price just dropped again

 

S

selo

Junior Member

Jan 23, 2009

122

30

• Jul 13, 2015

• #4

Might be a good time to buy. It will surely go up, at least slightly, before the halving.

 

W

watley

Power Member

Oct 17, 2012

526

240

• Jul 13, 2015

• #5

selo said:

Might be a good time to buy. It will surely go up, at least slightly, before the halving.

Click to expand...

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.

 

C

cyriac1994

Newbie

Jun 21, 2011

0

0

• Jul 13, 2015

• #6

i think its the right time to invest on it

 

M

mazar

Power Member

May 24, 2010

545

212

• Jul 13, 2015

• #7

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

 

the_demon

Elite Member

Nov 23, 2008

3,220

1,604

• Jul 13, 2015

• #8

Yeah, Litecoin has been going crazy up and down lately. This is a good article I came across on Litecoin recently: https://atriark.com/blog/is-litecoin-the-next-bitcoin/

 

B

BlackSalt

Newbie

Oct 17, 2015

10

2

• Oct 17, 2015

• #9

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.

 

josegustavo

Junior Member

Jul 5, 2015

118

14

• Nov 11, 2015

• #10

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.

 

K

kastio

Newbie

Nov 11, 2015

17

1

• Nov 12, 2015

• #11

Litecoin is too unstable for anyone to really invest in. Bitcoin all the way here, nothings going to trumped that anytime soon

 

B

bojan92

Regular Member

Jul 20, 2015

217

50

• Dec 3, 2015

• #12

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