Post: #26

Litecoin is going to 2000$.

Go litecoin only coin I trust.

Post: #27

Lite coin at $216

Charlie Lee also posted this:

Post: #28

What's the story behind the huge Litecoin rally this past week? Up to $240 now.

Post: #29

(12-11-2017 07:20 PM)Turnus Wrote:  Lite coin at $216

Charlie Lee also posted this:

I respect Charlie for keeping people's expectations in line with reality. Litecoin did see a massive pump followed by a nasty dump of 90%. It was $30 in 2013 then came back down to around $3 for several years.

The exact same thing could happen again.

Post: #30

(12-12-2017 03:23 AM)Gas Wrote:  What's the story behind the huge Litecoin rally this past week? Up to $240 now.

I usually purchase litecoin as a means of transferring money out of GDAX/Coinbase to other exchanges where Bitcoin is cheaper.

I think a lot more people have started doing this as they became more savvy with crypto.

Post: #31

I thought it was crazy to break $200, though it would dip little. No it kept pushing around $250. Now it went up to $300. (4am) I am guessing, asian people are betting on it.

Post: #32

Kinda makes me feel like buying some ETH...

Post: #33

It's trading at $310 on coinbase/gdx, $270 on Binance. This is crazy. Is there a way I can take advantage of this?

Post: #34

(12-12-2017 07:45 AM)Sebastian Wrote:  It's trading at $310 on coinbase/gdx, $270 on Binance. This is crazy. Is there a way I can take advantage of this?

I'm not going to look 'cause I'm tired, but can you arb it via ETH?

Buy ETH on GDAX, send ETH to Binance, sell ETH for LTC, send LTC back to GDAX, sell to buy more ETH...

Post: #35

yep about to blow up right now. Gain has been very low compared to btc and ltc so....

(12-12-2017 07:44 AM)SamuelBRoberts Wrote:  Kinda makes me feel like buying some ETH...

Post: #36

If BTC Lightning delivers then LTC will be forgotten.

Post: #37

Has anyone been Arbing Litecoin past couple days? Doesn't make sense for USA folks because I'm not paying taxing on those small gains.

Post: #38

wow this thing is skyrocketing the past 24 hours

Post: #39

(12-09-2017 08:02 AM)This Is Trouble Wrote:  I sold a few off.

I need to get myself into the habit of taking some profits here and there, rather than just sitting forever like I’ve done with just about every coin thus far.

Hopefully there will be another dip and I can buy them back.

This post didn’t age well.

Post: #40

Litecoin was the first coin I bought.

Post: #41

(12-12-2017 10:18 AM)Roosh Wrote:  Litecoin was the first coin I bought.

Bought it last weekend at $80 and now its approaching $400.

Anyway, I still think it's undervalued due to the specs of it. Thinking like a commodity trader, there's 4x the amount of litecoin as there is bitcoin on the market. Thus, litecoin should be a quarter of the value of bitcoin. I know these currencies aren't even close to any other commodity on the market, but they have to have some similarities based on intrinsic value.

By my calculations, either bitcoin is overvalued or litecoin is undervalued. Either could be true.

BTC: $17,000

LTC: $375

Let's see where it goes from here. I'll write a more detailed post later when I have some more time.


edit: Coinbase just shut down all purchases of litecoin. Who knows why.

Post: #42

Roosh would it be indiscreet to ask at what price you first bought litecoin?

Post: #43

Is there automated trading for LTC? In other markets you only see these kind of 25% flash crashes and recoveries with computers manipulation. Haven't seen this onew any crypto chart before.

Post: #44

Try GDAX

Post: #45

(12-12-2017 10:18 AM)Roosh Wrote:  Litecoin was the first coin I bought.

Same here. I first bought back in May in the 30's. Great investment.

Post: #46

Since january last year Litecoin has been the better investment the Bitcoin. What a come up!

Post: #47

Big dip today, which is fine with me... I want to accumulate more. I wouldn't mind a bigger crash.

Post: #48

Looking to buy a bunch more, will probably do so if it dips under $275. It's been hovering around $315 on coinbase for the last few hours.

Post: #49

(12-13-2017 04:45 PM)Aer Wrote:  Looking to buy a bunch more, will probably do so if it dips under $275. It's been hovering around $315 on coinbase for the last few hours.

Falling FAST now. Down to $265. I'll wait till this selloff subsides.

Post: #50

(12-12-2017 08:20 AM)Samseau Wrote:  If BTC Lightning delivers then LTC will be forgotten.

Yes. I like litecoin but we shdnt forget its opportunistic origins.

The real test for Charlie/Litecoin will be when sidechains get activated. If they're truly righteous, they will move to the sidechain.