Why Litecoin Is Going Down Each Day? When Will It Rise?
You must know these facts before you start gaining or losing trust on Litecoin December 2017 was a crazy month for those who traded Litecoin (XRP). People got too much trust on Litecoin like they are trusting Ripple (XRP) now. If you are one of the CryptoCurrency traders, you already know what I mean. The value of Litecoin (LTC) remained between $87 to $95 on December 1, 2017. However, it rose in a crazy way and reached over $374 on December 19, 2017. Such change in 18 days was an awesome performance for any traders and they made really good money from Litecoin. Thereafter, the dip started. However, those who purchased at a higher price are now blaming Litecoin that it made them lose so much money. Litecoin(LTC) touched $200 on December 22, 2017, but it went up again and $307 on December 23, 2017. People got their trust back and started trading again. So now Litecoin has seen continuous dip since then. It is now valued at $209 (as of7:07 AM GMT on Etro Trading). Well, there is no source that can give a perfect answer to this question. Why are you just looking at Litecoin and not the other currencies? What do you think about Bitcoin (BTC), Etherum, Dash, and many other cryptocurrencies? They all are going down in December. Bitcoin broke the boundary of $20,000 in December and now it went down and valued at around $13000. So all are going down, you need to look at other currencies before blaming Litecoin. If you look at performance for the month, you can see that Litecoin gained a great value in December and if you look at yearly performance, its value increased over 4600% in a year. So how can you lose trust in a coin that gained that much and lost a little at the end of the year? Another reason behind the drop of all the cryptocurrencies could be the Christmas, new yea Continue reading >>
Litecoin Creator Issues Stern Warning After The Cryptocurrency Doubles In A Single Day
Litecoin creator issues stern warning after the cryptocurrency doubles in a single day Litecoin , a smaller cousin of bitcoin , has seen its value more than double in just one day. Litecoin creator Charlie Lee tweeted a sobering warning to those not prepared to lose their entire investment. Still, Litecoin fans on Reddit were preparing celebrations, some of which seem fairly risky. Cryptocurrencies have exploded since bitcoin futures began trading in Chicago over the weekend. Litecoin , the fourth-largest coin by market-cap , has seen its value more than double since Sunday afternoon, trading above $300 Tuesday morning 110% above its weekend price. Creator Charlie Lee wasnt celebrating like some other Litecoin holders, though. The former director of engineering at crypto exchange Coinbase tweeted a dire warning for potential litecoin holders Monday night: "Sorry to spoil the party, but I need to reign in the excitement a bit," he wrote . "Buying LTC is extremely risky. I expect us to have a multi-year bear market like the one we just had where LTC dropped 90% in value ($48 to $4). So if you can't handle LTC dropping to $20, don't buy!" That didnt stop some Redditors from planning celebrations as litecoin passes more milestones. One user, rashadthedad, claimed he would record himself eating a Carolina Reaper , one of the worlds hottest peppers, if Litecoin passed $300 before New Years Eve. Another user said he would streak down Wall Street in New York before swimming to the Statue of Liberty if the coin passed $1,000 before the same date. Jay Clayton, head of the Securities and Exchange Commission, also weighed in on the cryptocurrency craze Monday. "The world's social media platforms and financial markets are abuzz about cryptocurrencies and initial coin offerings. The Continue reading >>
Litecoin Is Going Down And Is Fluctuating Between $290-$310. How Long It Will Take To Cross $400? Will It Go Down More?
Litecoin is going down and is fluctuating between $290-$310. How long it will take to cross $400? Will it go down more? Always look at market capitalization vs coin price in order to compare coins. Look, Litecoin is only one of an ever increasing number of increasingly technologically impressive coins. At the moment, Litecoin is, largely, a speculative instrument as most recorded transactions are simply that, speculative trades. Few vendors accept Litecoin; here are the top five - ever heard of them? Ultimately, utility is what intrinsic value in this space is all about (remember that). If you are in it for a trade, wait for the price to go sideways for awhile. Credit: 2013 ToTheTick. All Rights Reserved. Designed and Developed by FinancialJuice . You can buy during that sideways action if you cant constantly watch it for the breakout; or, you can purchase on the break of highs. In any case, is seems you are only playing for 33% from $300 to $400. That isnt all that much in the cryptocurrency space these days. Regarding a pullback, it may not be a good idea to buy if it goes down. wait for that sideways action and a break to the upside. Never good to try to catch a falling knife, you know. The whole space could correct drastically (a la dot-com crash of 2001) until real utility, that comes from vendor-based transactional infrastructure, is established (e.g. Amazon accepts it). Keep an eye on the volume of the futures contracts that are now trading. When those become super liquid (high daily volume), you can expect a revolution. Here is why: If you have a long-term view (you could stomach a 62% correction), buy some now and set a regular purchase plan of small amounts indefinitely. Dollar cost averaging is always the best way to reduce market risk over time. Thanks for Continue reading >>
Bitcoin Is Testing $9,000, But Litecoin Is The One To Watch
The crypto market is doing just fine this morning, as Bitcoin and all its peers are continuing their ascent to new heights. Bitcoin is testing the $9,000 resistance level, up 4% since yesterday. The top 10 coins by market cap are all on the rise compared to the other day, but the one coin you should keep your eyes on right now is Litecoin. Unlike most other coins, which are trading 2% to 4% higher than yesterday, Litecoin is up by 21.52% as of this writing. That puts its price at around $188 per coin. So whats happening? Don't Miss: The best-selling smartphone accessory weve covered so far in 2018 is on sale for 6 hours only Its unclear why Litecoin is surging, but the imminent launch of the Litecoin Cash fork may be one good guess. Litecoin Cash, which may very well be a scam as its in no way affiliated with the original Litecoin project, will award Litecoin holders 10 Litecoin Cash coins for each original Litecoin token. You should be careful with your Litecoin possessions. In other news, crypto malware has been found hiding in millions of Android devices, per Malwarebytes. The malicious program would redirect Android devices to a website that would hijack their power to mine for Monero (XMR). A similar exploit affects the desktop version of Telegram Messenger, NewsBTC reports , citing research from Kaspersky Lab. As you can see, plenty of people are looking to mine Bitcoin and other coins, even if that means doing it illegally. The legal route is getting more and more expensive. JP Morgan said in a research note to customers seen by Business Insider that miners are currently in a hash rate arms rate, which means its more expensive than ever to mine Bitcoin. The bank says that it currently costs $3,920 to mine a single Bitcoin, which currently trades for around $9,00 Continue reading >>
Why Is The Litecoin And Bitcoin Price Going Down! Red Tag Sale! Whats Going On With Coinbase?
Why is the litecoin and bitcoin price going down! Red tag sale! Whats going on with Coinbase? Why is the litecoin and bitcoin price going down! Red tag sale! Whats going on with Coinbase? Follow me on Steemit! steemit.com/@stevensatoshi Follow me on TWITTER: twitter.com/StevenSatoshi I'll be holding my 4 litecoins for a couple years. When there 75k a pop. Should i wait for the dip? Or should i just buy it now? I got 80 and Got 30 more at $198 December 22 on the dio Doubt its going any lower than that Hassan Saeed if your new take a couple days or weeks researching what the price has been and how much it's growing. Once u master that you don't need to ask a question like this. Any price under 340 is a good price to buy. Steven Satoshi i know but is it gonna dip again? 100% right about grinding your own beans - only way to do it. Pre-ground coffee taste like crap. Ur right about BCH. Bix thinks its gonna beat the BTC. I stick with his picks and its done extremely well for me. Good video, love the positivity! I will be HODLING!!! This is like watching an intense close football game... All very exciting!!! Great videos thanks for the daily news and updates! Bud penny coins are soaring! Myriad, Coval, Reddcoin, Artbyte, Bitbean and Digital Note! Put in $1K on each of these penny coins and while market was crashing they are just flying! You shld do a review on these penny coins it seems like they are holding during the crash and soaring during the dips! It sucks. But I do not know of a better platform to exchange Fiat for crypto. 1% is pretty minimal, considering the massive gains you can make in the crypto world if you're smart about it. Now if you're depositing massive amounts of money, 1% would be ridiculous. Being a newbie to this I am glad I subscribed to your channel. Continue reading >>
Bitcoin Crashed And Took The Whole Market Down With It
Bitcoin Crashed and Took the Whole Market Down With It The price of bitcoin plunged on Friday, continuing a steady downward spiral thats lasted all week. True believers are shrugging it off, but with its newfound notoriety, a lot of latecomers are feeling some pain. All but two of the top 100 cryptocurrencies were significantly down this morning. At the moment, Coinbase lists the price of bitcoin at $11,709. That figure, of course, will be different in a matter of moments. The number one cryptocurrency hit a record high of $19,857 earlier this week. Its now down 33 percent for the week, and 41 percent for the month. Scanning the prices of the top 100 cryptocurrencies on CoinMarketCap , youll see those percentages echoing for all the altcoins over the last 24 hours. This kind of correction was inevitable, bitcoin tends to have one every quarter, but todays downslide seemed especially inevitable. In a matter of two months, bitcoins price doubled, and then it doubled again over the course of a month. Even though doubling isnt anything new for bitcoin, those huge prices have attracted mainstream attention and the financial markets are jumping in more and more every day. Coinbase, one of the most prominent trading apps in the US, added close to a million users in November 100,000 of them joined on a single day. With all the news in December, that number is surely higher this month. This new money has slowed the processing of transactions to a crawl. While the mainstream news has kept track of every new record set by bitcoin, the really big money this year has been in the altcoins that dont get as much attention. At its peak this week, bitcoin was up around 2,000 percent for the year, Ethereum is up 7,400 percent at the moment, and Litecoin is up 5,500 percent. Newer, more o Continue reading >>
Litecoin Price News: Why Is Litecoin Dropping Ahead Of Litepay Launch?
Litecoin price news: Why is Litecoin dropping ahead of Litepay launch? Litecoin price news: Why is Litecoin dropping ahead of Litepay launch? LITECOIN dropped even further today just a week after the crypto token soared following the Litecoin Cash fork. So why is Litecoin dropping ahead of next week's Litepay launch? As of midday on February 22, Litecoin is down to $207.86 - a loss of 7.2 percent. The token has fallen almost 20 percent this week, from highs of $253.90 as the coin follows a broader cryptocurrency low as all the major cryptos saw red on Thursday. Charles Thorngren, CEO of Noble Alternative Investments, told Forbes he believed Litecoin was simply following the market lower. He said: The pullback in Litecoin is indicative of the general market pullback. Litecoin cash price live: Litecoin fork value SURGES after split But he also suggested todays dip could be due to recent aggressive selling activity after Litecoin saw a massive price rise last week. Mr Thorngren said: From a trading standpoint, Litecoin could see a slightly higher percentage of selling due to the recent gains versus the broader market. When you look at the monthly chart Litecoin is still up 22 percent whereas Bitcoin is up at just under 1 percent and Ethereum is down 13 percent." Marshall Swatt, a serial entrepreneur, added: My feeling is that top cryptos, in general, are in the red today after peaking." Litecoin price: Litecoin has fallen this week Litecoin is just one of many of the major cryptocurrencies which are in the red today. This morning, Bitcoins price is at $10,419 after sliding from a high of almost $12,000 on Tuesday. Ethereum also plunged around five percent in the same time period, whilst Ripple has lost 20 percent of its value since last Saturday and could become worth les Continue reading >>
Bitcoin's Bear Market Is Dragging Other Cryptocurrencies Down With It Quartz
The bear market in bitcoin isnt letting up, as the original cryptoasset has fallen to its lowest level in more than two months. Whats more, other digital assets like ripple and bitcoin cash have tumbled furtherdown more than 70% from their peaksas regulatory scrutiny of the budding sector increases around the world. Bitcoin was down about 8% at the time of writing, to around $7,618, its lowest level on a closing basis since Nov. 15, according to Coindesk and Coinmarketcap.com prices. Bitcoin has lost more than half of its market value since peaking at more than $19,000 in December. Among other better-known digital assets, ripple has fallen the most, dropping about 69% this year. Cryptocurrencies have caught the attention of top-ranking officials around the world, and not in a good way. Governments are concerned that these assets could be used for money laundering and fraud and are pushing for the G20 to formulate a response . Regulators in South Korea, a hot spot for the burgeoning market, have taken steps to restrict buying and selling. Bitcoin and its cousins could be a victim of their own success, with attention and volumes rising at a pace that the systems, regulations, and technology underpinning the market cant support . Amid the mania, this has raised thorny questions about security, controls for manipulation, and internal accounting within parts of the crypto infrastructure. Hacks and thefts remain a problem. South Korean authorities blamed North Korea for stealing cryptocurrency by hacking into its exchanges, according to CNBC . Japanese watchdogs recently raided Coincheck , a crypto exchange in Tokyo where some $500 million of digital assets was stolen. And questions surrounding tether, a digital token that is purportedly tied to the dollar, have intensified Continue reading >>
Bitcoin Price Latest: Cryptocurrencies Including Ethereum, Litecoin And Ripple All Decline In Value
Bitcoin price latest: Cryptocurrencies including ethereum, litecoin and ripple all decline in value All but two of top 50 virtual coins by market capitalisation slump Bitcoins price has dropped by 6.15 per cent over the last 24 hours - while almost all of thealternatives to the market leading cryptocurrency are also in decline. At the time of publication, all but two of the top 50digital currencies by market capitalisation have fallen in value since yesterday, according to CoinMarketCap. Bitcoin is now valued at $10,526(7,594) as a result of the drop - thought to have been sparked by the US Securities and Exchange Commission warning that platforms being used to trade digicoinswill ultimately have to be registered before they are allowed to continue operating. Ethereum , the second most valuable digital currency, is down 7.62 per cent to $799.61(576.96) while ripple XRP , the third most valuable digital currency, is down 6.81 per cent to $0.90 (0.65). :: Follow the latest bitcoin news on our liveblog Bitcoin cash and litecoin , which complete the top five, are down 6.81 per cent and 7.01 per centrespectively. They are now valued at $1,153 (832) and $189.49 (137) in turn. Golem, ranked 55 of the 1,541 digital coins on the market,suffered the biggest decline of anyone in the top 100, having fallen by 16.63 per cent to $0.38 (0.27). A picture shows Singulato Motors' concept car Tigercar P0 at a workshop in Beijing, China Connected company president Shigeki Tomoyama addresses a press briefing as he elaborates on Toyota's "connected strategy" in Tokyo. The Connected company is a part of seven Toyota in-house companies that was created in April 2016 A Toyota Motors employee demonstrates a smartphone app with the company's pocket plug-in hybrid (PHV) service on the cockpit of Continue reading >>
News About #litecoin On Twitter
This timeline is where youll spend most of your time, getting instant updates about what matters to you. Hover over the profile pic and click the Following button to unfollow any account. When you see a Tweet you love, tap the heart it lets the person who wrote it know you shared the love. The fastest way to share someone elses Tweet with your followers is with a Retweet. Tap the icon to send it instantly. Add your thoughts about any Tweet with a Reply. Find a topic youre passionate about, and jump right in. Get instant insight into what people are talking about now. Follow more accounts to get instant updates about topics you care about. See the latest conversations about any topic instantly. Continue reading >>
Litecoin News: Why Is Price Of Litecoin Going Up? Will Ltc Fall Again? | City & Business | Finance | Express.co.uk
The price of Litcoin stands at $206.56 as of 8pm on Wednesday February 14, having surged in price by 30 percent in the past 24 hours. The markets opened with the value of Litecoin sitting at $159.55 and the price of litecoin has since grown over the course of the day, peaking at a value of $218.23 at around 2pm. Founder of Litecoin Charlie Lee said: LTC/BCH has just surpassed 0.02. This is higher than when I sold my litecoins. In other words, LTC has outperformed BTC since that time. Just saying! The market agrees that my efforts on Litecoin adoption is overcoming the negatives. Litecoin price 2018: Why is litecoin rising? Crypto jumps 30 percent Litecoin - which uses the acronym LTC - is a peer-to-peer cryptocurrency and was launched in October 2011 by engineer Charlie Lee. Nicknamed as the silver to bitcoins gold, it was created using the original bitcoin source and incorporated some of bitcoins code, but was intended to have higher transaction speeds compared to bitcoin and lower processing fees. LTC/BCH has just surpassed 0.02. This is higher than when I sold my litecoins. In other words, LTC has outperformed BTC since that time. Just saying! The market agrees that my efforts on Litecoin adoption is overcoming the negatives. Charlie Lee [LTC] (@SatoshiLite) February 14, 2018 Continue reading >>
Why Are Cryptocurrencies Bitcoin, Ethereum, Litecoin, Ripple Falling? | Metro News
Why is the price of Bitcoin, Ripple, Litecoin, Ethereum and other cryptocurrencies falling? Jasper Hamill Thursday 11 Jan 2018 10:03 am Bitcoin, LiteCoin, Ethereum and Ripple are all on the slide following a shock announcement It used to be said that the world caught a cold whenever America sneezes. But in the booming world of cryptocurrency trading, news from nations other than the US has the potential to cause disaster. The prices of four major cryptocurrencies have fallen following a shock announcement in one of the worlds biggest crypto markets. Yesterday, the South Korean government announced plans to ban cryptocurrency trading. The news sent Bitcoin prices in freefall and threw the virtual coin market into turmoil as the nations police and tax authorities raided local exchanges to investigate allegations of tax evasion. The price of Ripple and LiteCoin also dropped following the news and even Ethereums seemingly inexorable rise was briefly interrupted, although its price seems to be recovering. This chart shows the plunging price of Bitcoin (Credit: Coindesk) The clampdown in South Korea, a crucial source of global demand for cryptocurrency, came as policymakers around the world struggled to regulate an asset whose value has skyrocketed over the last year. Justice minister Park Sang-ki said the government is preparing a bill to ban trading of the virtual currency on domestic exchanges. There are great concerns regarding virtual currencies and justice ministry is basically preparing a bill to ban cryptocurrency trading through exchanges, said Park. A press official said the proposed ban on cryptocurrency trading was announced after enough discussion with other government agencies including the nations finance ministry and financial regulators. Ethereum also tanked Continue reading >>
The Logic Behind Why Ethereum, Ripple, Litecoin, And Dash Keep Heading Higher
The Logic Behind Why Ethereum, Ripple, Litecoin, and Dash Keep Heading Higher It's simple really: No one makes money if cryptocurrencies fall. What an incredible year 2017 was for cryptocurrencies. Having begun the year with a combined market cap of less than $18 billion, the aggregate value of all virtual currencies by year's end hit $613 billion, representing a better than 3,300% increase. Cryptocurrencies soared even more to begin 2018, hitting an all-time aggregate market cap high of $836 billion on Jan. 5, before losing a little bit of steam. These are essentially lifetime gains for investors that have been crammed into a span of just 52 to 53 weeks! Yet, what's really interesting is that bitcoin (CCC: BTC-USD), the world's most valuable and popular cryptocurrency, wasn't a primary focus in 2017. Rather than investors flocking to bitcoin, the goal among digital currency investors became to find the next bitcoin. As a result, a number of burgeoning cryptocurrencies ran circles around bitcoin last year . In particular, Ethereum (CCC: ETH-USD), Ripple (CCC: XRP-USD), Litecoin (CCC: LTC-USD), and Dash (CCC: DASH-USD) were veritably unstoppable, with respective gains of 9,383%, 36,564%, 5,260%, and 9,282%! You're giving these crypto catalysts too much credit How on Earth do virtual coins that have gained 5,000%, 10,000%, or possibly more, keep heading higher? What I can say with some certainty is that it's not entirely due to the emergence of blockchain technology , as much as Wall Street would like to believe so. Blockchain is the digital, distributed, and decentralized ledger tethered to virtual coins that's responsible for recording all transactions without the need for a financial intermediary, such as a bank. Unquestionably, blockchain does offer a number of poten Continue reading >>
Litecoin (ltc) And Litepay
February 28, 2018 By Maja Rogic 2894Views 1Comment LiteCoin came up with the recent positive change in its price after a disappointing week for the cryptocurrency market. After having so many currencies going down in price over the last week, it is a true refreshment to see many of those currencies bouncing back up again. LiteCoin is one of such currencies thanks to the latest rise in its price. It is said, however, that the most recent positive change is actually the result of the announced launching of LitePay. Lets see what LiteCoin has been up to these days and how LitePay might affect the value of this currency. After a series of rises that were later on followed by a row of falls, LiteCoin is trading in green once again. This case might easily and most probably be the result of the announcement that LitePay is being launched. The day of the launching occurred yesterday on February 26th, and all users are eager to see how this handy little improvement is going to launch LiteCoin to the top. In case you are familiar with BitPay, you can surely guess that LitePay is actually launched as an alternative to this Bitcoins handy feature. Everyone following up with cryptocurrencies have noticed over time that Bitcoin and LiteCoin are competing in a way since LiteCoin is basically much like Bitcoin, but with some major improvements that might make LTC a bit more desirable these days. The thing that makes LiteCoin stand out when compared to the way Bitcoin works, is the fact that LTC is actually faster and cheaper, which makes it a cost-effective alternative to BTC. Now, when LitePay is in the picture as well, LiteCoin has possibly signed up for brighter days on the crypto market at least for now. With LitePay, LiteCoin users will be entitled to promptly converting LTC to U Continue reading >>
Top 3 Litecoin Price Predictions For 2018
Recommended read: Top 3 Ethereum Project Price Predictions for 2018 2. Litecoins Price Is Expected to Reach 150 Dollars Currently, the price of Litecoin is hovering around the 80 dollar mark, give or take. However, should the rate of adoption go up, this should increase Litecoins price. Along with the rate of adoption and the general price movement of cryptocurrencies, a commensurate increase in the number of developers working on it is expected, which should fuel the price hike. As a matter of fact, when Litecoins first came into existence, their creator, Charlie Lee, envisioned them as a currency used for transactions, whereas Bitcoin would become used as a tool to store value. Ergo, this is why Litecoin was dubbed as silver for the cryptocurrency world, whereas Bitcoin was designated as gold. In addition to all of this, cryptocurrency investors attempt to hedge their exposure by diversifying their portfolio of digital coins. As a result, approximately 18% of people buying Litecoin use Bitcoin, strengthening the demand for Litecoin and cementing it as a major player in the cryptocurrency space. For all of these reasons, it should come as no surprise that the price of a single Litecoin is expected to hit the 150 dollar mark, if not surpass it. 3. Despite Any Optimistic Outlook, Making a Litecoin Price Prediction is Fraught with Uncertainty Another factor with plenty of sway on the price of Litecoin, and all other cryptocurrencies for that matter, is governmental regulations, especially those of major players in the cryptocurrency space, like China, Japan, and the United States. The best case in point is how all of the cryptocurrencies plummeted after China decided to ban bitcoin and its brethren last September, causing all cryptocurrency exchanges to close up shop. Th Continue reading >>