pretty sure it was a safehaven for the upcoming soft fork, but thats just my take on it
Caleb Hernandez
>Is Lee Satoshi?
>If he is Satoshi is a chink stealing a jap name cultural appropriation????
Are you... Retarded? I don't think you know what half the words you used even mean.
Dylan Rodriguez
You realize that Litecoin has gone from 40$ to 3$ before right? It only just went from 25$ to 46$ this week, and was $14 a few weeks before that. It was $4 in march and cost more before then.
What makes you think that Litecoin is suddenly going to moon? If anything, it's due for a crash. Compared to the Bitcoin curve, it's too large at the moment.
Don't expect it to go to 100$, expect it to at minimum correct to $25 or even $15.
Christopher Powell
2 Coins.
I am skeptical of it. I bought it at $34 last week and it has been sitting at $48 all week.
Is this shit going up or what?
Robert Howard
Interesting. I just learned about crypto and invested last week.
You think it'd be a good idea to sell now? Doesn't seem like it's going up at all.
Ayden Gutierrez
HOLY FUCK. Yes you should sell.
No price movement upwards only consolidation. You impatient fuckers deserve to be poor.
Samuel Hall
...
Austin Morris
Think about it this way. How much do you have in it, how much are you willing to lose, how much are you standing to gain?
People have been talking about "100 and higher", but 100 at this point is only 2 times gain. If it drops to 23~, you've been cut in half, or less than that even more so.
You're basically flipping a coin on whatever money you have in for a chance to double it or half it. Personally I think it's more likely to lose some soon than gain more. The gain was mostly artificial pumping to sell on a new exchange that started dealing with LTC.
If you sold at a profit now, you could could retain to USD, then if it did actually start to "moon", you could buy in. Look for events like August 1st, and use phone alerts to keep track of prices. You could also use stop orders, but people are going to be afraid to do that after GDax ETH flash crash
Zachary Collins
MIT's LIT network is on the cusp of release and you guys are wondering if you should sell...? Veeky Forumstards never learn I swear.
Brody Ortiz
I have 2 Litecoin that I bought at $34 each.
If I sell now, it's nearly $90. I am a poorfag, and this is a lot of money for me.
I really do not want to lose money, but I also do not want to miss the opportunity to sell my 2 coins for $200 if it goes up to $100.
I have already missed a few opportunities since I started investing last week.
>phone alerts
Sorry I am a noob. How do I do this?
>stop orders What is that exactly?
Samuel Jones
You're retarded. MIT isn't doing shit with litecoin. Some dude who made an MIT.edu site is fucking with people. Any student or ex student or someone who pays a student 10 dollars to register the mit.edu domain can make an "MIT" website.
Nathaniel Flores
>and this is a lot of money for me
>>stop orders >What is that exactly?
HAHAHAHAHAHAHA You're going to lose all of your money, you fucking idiot. Maybe spend five minutes reading before investing in something.
Ayden Baker
Literally a rumor with no basis. There's been no discussion and the entire thing has been set around the Bitcoin fork to provoke people.
If it was real, they wouldn't need the theatrics and be keeping so silent about it. It isn't normal for something 'rumored' to be this 'big' to have nothing on it known by anyone outside of some minor references from ages ago and no one knows who's even involved if it existed.
Nathaniel Martin
You have 90 dollars. You're literally just gambling at that point. I have $15,000 and I'm more than willing to accept I could lose it all.
I use GDax's app to set up price alerts.
Stop orders are orders that are sold or bought at market price once the price reaches a certain point. The good thing about them is that if the market climbs fast, they follow it up rather than being executed and forgotten. The bad thing is that when it crashes fast, it also follows it downward.
Connor Martinez
I'll be sure to make a thread for you guys when I cash out some joocy Litecoin gainz in a couple weeks.
Tyler Allen
Riddle me this, how much percentage wise do you expect it to go from here on out? It's my belief that the ETH and BTC nonsense may cause LTC to dive. There's a chance that it could climb. I put the dive point at ~15$ and the climb point at $120~, so a chance to lose 3 times, and to gain 2 times. What do you think? Serious question, not trying to discourage you.
Evan Wood
There's a lot of good news about LTC right now and LTC is consolidating very well. You should probably hold, but if you want more peace of mind, you could sell and wait in the sidelines to jump back in. No harm in that, except you miss out on maybe $20 of gains depending on when you decide to jump back in.
As for your other questions, those are easy to figure out on your own (google search)
Brayden Collins
I can easily see LTC making a run to the $100 mark.
Chase Stewart
wouldn't eth/btc nonsense cause it to rise bc of perceived "stability" in ltc? also dont you mean a chance to win 3x and lose 2x?
Austin Gutierrez
Lite coin has as much right to be at 40 bucks as bitcoin has to be at 2700. Yes it was 3 bucks in the past, so was btc, eth, xmr, and a host of others
The total crypto marketcap has quintupled in a little over a month. Why shouldn't coins increase in value across the board?
Ryder Parker
win 3x would be going to 135~ at this point. It could go there, but I feel it's more likely to go down since it already rose significantly in recent times.
People get scared out of the market, and people use that to pump/dump by enhancing the effect
Bitcoin was at 40~$ in 2013 before it crashed. Bitcoin was at 1130~ before it crashed in 2013.
Sebastian Robinson
THE LITENINING IS COMING!
Juan Flores
>The gain was mostly artificial pumping to sell on a new exchange that started dealing with LTC. which exchange?
John Sullivan
I have 34 LTC on my BTC-E account. Only problem was I lost the password and my recovery email was with lavabit. Lavabit recently came back, but now I can't remember my lavabit password. Only regrets now.
Contact them and show identifying information. Ids, pictures, timestamps, etc. There should be other ways of going about it if you had verified information. That sucks, but it's also not that huge a loss either
Robert Myers
I got nervous and sold my litecoin and now I checked back and it's climbing again.
son of a bitch.
Thanks for the advice though bros, I'm going to look into stop orders and getting a phone app for this shit. Hopefully I can buy more of it on a dip, or buy more right before it rises up to $100
Nolan Cox
46.6 isn't climbing. It's been fluxing from 42-48 this whole week. Wait for it to stabilize over 50 and then complain about losing 10$ lol
Landon Cook
wow how did I miss this. thanks bruh
lately I've been thinking about what ltc offers over btc. they use scrypt which doesn't have as big a mining component industry like asic miners, which means if bip148 were to succeed on aug 1, bitmain's asicboost is trash and ltc looks stronger comparatively. does this theory make sense or nah?
Parker Ramirez
LTC has way better tech, but BTC was first to market
Colton Thompson
Man can i ask you a question? I'm a bit new on coins, can you tell me some sites like this where you read infos and upcoming news about coins? If i'll look on google there are like 1k sites for this, but i don't know which are the more reliable
Joseph Morgan
reddit?
Gabriel Howard
Why should you litecoin?
-Lower fees. Even if the price skyrockets the fees are still miniscule vs btc. This is the btc killer if any majors want to adopt crypto. -speed. it fast. even after segwit gets implemented it will sitll be faster
Jaxon Wilson
Are you sure? I thought reddit was for poor autistic kids, don't tell me that's a reliable place for infos
Aiden Sanchez
Reddit gives autism a bad rep.
James White
yes, this is something I think about too. once btc gets a second layer payment channel, btc will gain much more momentum