>new ground for ltc
vs
>fucking go on the DAMN short train NOW
tell me your opinion (with statement)
New ground for ltc
Sebastian Parker
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chainz.cryptoid.info
chainz.cryptoid.info
reddit.com
steemit.com
steemit.com
youtu.be
myredditvideos.com
twitter.com
Hudson Gonzalez
I'm just buying fear right now. I will sell LTC before the 1st of August and I'm pretty sure it will get close to $100 because of the worry generated with that. The fact that we're going bearish helps. Longterm I think it will have a floor around $60 or so.
Caleb Turner
I think it will attract a lot of normie money due to being on the main exchanges, a very sustainable price growth and possibly the easiest to understand tech of all the coins if you look outside of BTC.
Normie money sees green, normie money buys. Some of them panic sell, but most of them are buying with money they are ready to lose/they treat this as a throwaway investment.
For example: I live in Australia and my parents are retired. My Dad pulled $15k AUD out of his self managed super and dropped it into BTC a bit earlier in the year (I made the transaction for him). He wouldn't know how to sell it even if he wanted to.
Tldr: LTC will hit $100 by eoy.
Kayden Howard
I think it's foolish to think LTC will continue to grow past it's ATH without a sharp correction first. Take a good look at the rest of the market.
Blake Gomez
Well there are $751,824 worth of litecoins generated each day and at this price I guess also sold.
So the actual question is: Do you believe that people will continue buying $751,824 worth of litecoins every day?
And if you think it will go to 100$:
Do you really believe that people will buy $1,503,648 worth of litecoins every day? Or $10,525,536 a week? $42,102,144 every month? Do you think Litecoin has so much use? Are you fucking stupid?
Justin Thomas
Now the time!
Short it!
Ayden Lopez
Daily transactions right now are about 500 million so you're retarded.
Have fun bagholding ETH
Jaxson Sanchez
but not today
ppl dont have infinity money
Dylan Nelson
>$751,824 worth of litecoins generated each day
Wow, really?
Easton Howard
of course they go up, they have to get them from one exchange to another. If someone buys a lot of litecion on BTC-E the price goes up fast on BTC-E but you can still buy them cheap on bitstamp, then send them to btc-e and sell them more expensive. If the price goes up a lot then this happens a lot and creates a lot of transactions.
Jace Lee
there is turbulance for shure.. but why shoud be enough to reach 100?
Jason Parker
Litecoins generated per day: 14,400
14,400 * $50 = $720.000
Jaxon Thomas
Damn. Litecoin is fucking bogus.
Colton Diaz
>I'm just buying fear right now.
fear level 1/10 from normal now
just to mach not sold litecoin-s in exchangers and in miners hands
Easton Gonzalez
See the 30d volume at coinmarketcap.com
For LTC to pass Ripple at #3 on market cap (which again, based on volume it obviously should) it needs to get to $10B, easy calculations $10,000M / 51.8M coins ~= $193
This is still well below the "1/4 BTC" price maximum ($625 lol) which I don't think is realistic, but plenty of room to grow from the current price.
In terms of comparisons to other coins: ETH has been dragging itself down from ICO sell offs as well as the reality of impending scaling problems (see bc.daniel.net.nz
BUY LTC because it is undervalued, and will be undervalued until at least $100+
Lucas Martin
it falling
Austin Rodriguez
LTC is worth more than BTC because it solves all of BTCs current problems. Most people just dont know it yet.
Gavin Myers
Im just honing it will go down once more before it rises up. Just soldaten at 50cuz I thought it would drop...
Nolan Foster
every indicators low and falling, expect panic sell level
William Hill
3600 Bitcoins are generated per day.
3600 x $2532
= ~$9M per day.
Parker Rodriguez
LTC is very old, most old altcoin
only NAMECOIN older
Gabriel Bell
Given that LTC is at ATH levels so there will be some profit taking dips you can jump on, but there will still be an upward trend for the month especially considering the BTC fork drama, so don't wait too long.
Julian Gutierrez
In keeping my eye on it
Nathaniel Baker
why it csnt pass 23.6 retracement ?
Camden Parker
>BTC fork drama
it will be made for bitcoin holders proffit
so hold BITCOIN
Isaac Smith
Ive sold all my ltc now so I can rebuy dip. Please tell me there will be sum... :/
Grayson James
chainz.cryptoid.info
zero transactions on last block
only mining reward
David Evans
LTC's highest peak in March was on the 29th - $9.90 on coinbase/gdax.
LTC's highest peak in April was on the 30th - $17.30 on coinbase/gdax. A $7.40 rise!
LTC's highest peak in May was on the 9th - $38.91 on coinbase/gdax. A $21.61 rise!
LTC's highest peak in June was on the 18th - $49.99 on coinbase/gdax. A $11.08 rise!
LTC's highest peak in July so far on the 4th - $57.55 on coinbase/gdax. A $7.56 rise!
This isn't a moon. It's natural growth. It's still early in the month.
I think the MAX highest peak it could rise up to in July is $70-$75 but based on statistics/trends based on the averages in the charts a more realistic highest peak is $60-$62. We'll see...
Michael Perez
thats wrong
1440 minutes a day, every 10 minutes 12.5 Bitcoins are mined. 144 * 12.5 = 1800 Coins Mined Every day.
1800 * $2500 = $4.500.000 every day
Tyler Cox
bitinfocharts.com
top was:
0.045 - 2014
0.024 - 2015
Nolan Hernandez
>It's natural growth.
Adam Anderson
all new "investors" catched into ETH prison
who run from prison run in USD and want forget it like bad dream
Landon Gonzalez
it would have to go above $70 to be considered a mooooooon or else it's just following the average trends in the chart
Daniel Nelson
You can't base LTC anymore on it's past.
It's a updated coin with actual interest now!
What happened in 2010-2016 doesn't matter.
Hunter King
chainz.cryptoid.info
zero transactions on last block
only mining reward
Jayden Gutierrez
If it was gonna correct it would have done so already. Right now it's just sitting there at the ATH and no one wants to sell, no way it won't explode soon.
Hudson Davis
Sitting here waiting for normies to start panic selling.
Jacob Thompson
Are you not looking at the chart?
Evan Hall
>and no one wants to sell
It will tickle down slowly because of miners and then at some point panic kicks in
Levi Sullivan
That is just a lucky miner that solved the block near instantly after the previous one (can happen when the expected block time is 2.5min and the hash rate is current high)
See attached, you cannot deny that LTC is already being used to send actual $, see median Tx value sent vs BTC/ETH... or see the value sent last 24h, LTC's value sent as a % of market cap is high, in other words, it is undervalued.
Imagine if BTC was pushing $20B daily volume to its $40B cap, wouldn't it be a strong case to buy more? I do recommend BTC also, just that right now in the current climate, ignoring LTC is foolish.
Aiden Peterson
for wat litecoin need sigwin if litecoin have zero transactions blocks?
it just pump and dump shitcoin
Jaxson Smith
for wat litecoin need segwit if litecoin have zero transactions blocks?
it just pump and dump shitcoin
and now all time top, with zero tranzactions block and segwit
chainz.cryptoid.info
Levi Sanders
How is it a problem to push a zero or low Tx block to the chain? It would only add about 0.25kb to the chain... (and right now litecoins blockchain is a mere 8.22GB vs BTC 145.09GB and ETH 78.49GB)
ETH has some small Tx blocks as well, see ethstats.net, bitcoin had small Tx blocks years ago as well.
You're arguing that LTC shouldn't have segwit because it doesn't need it yet? My car doesn't need to go 250km/h either, because there are laws that wouldn't even allow this, but I'm not complaining about it.
Angel Smith
2 zero blocks in row
chainz.cryptoid.info
empty coin
Wyatt Murphy
Or, the sharp rises we saw recently were insiders buying in before some new development (lightning implementation on it's way?) gets revealed.
I called it before. If BTC activates segwit, LTC will become utterly irrelevant, so before that happens Charlie Lee and friends will definitely try something to either give LTC some sort of edge or headstart with lightning.
TL;DR
market cap for LTC will at least double before the 1st of August.
Hunter Bell
antpool is known to mine empty blocks for money..
reddit.com
steemit.com
steemit.com
There isn't a fix for this apparently. It's one downside of litecoin...
Camden Martinez
Still not explaining what the problem is here, in the past 10 minutes LTC also had a 184 tx block and a 36 Tx and a 44 Tx, for a total of 145,496 LTC moved around, or ~7.5 million USD. It is working fine.
Landon Nguyen
this blocks not from antpool
chainz.cryptoid.info
chainz.cryptoid.info
chainz.cryptoid.info
empty coin so empty
Nicholas Johnson
empty blocks=> zero tranzactions fee
zero tranzactions fee=>whales manipulate statistic
Kevin Reyes
It's a bubble right lads...RIGHT?
Nolan Williams
i just went all in on this shit. ive always done the opposite of what biz says and its never served me wrong
Logan Morris
Tyler Cruz
Oh that's just the number that gets thrown around here and elsewhere. Nothing solid but it's gone up since my initial buy in around $32 which is when I started hearing talk about it in relation to August 1st.
Samuel Kelly
still true... WHY
Xavier Roberts
i wouldn't of gone all in at one set price...
spread your purchases at different price points..
it's soon to be headed back into the mid-high $40s
buy it up once it dips
Carson Long
youtu.be
LTC lyfe senpai
Aiden Jenkins
...
Anthony Bailey
What the fuck is this?