Really sad about this LTC pump


too much too soon.


Love the fact that it is a clean blockchain. No bloat, random spam, no fork, low size, 4x btc throughput and btc interoperability.

great long term coin, but understand that LTC is often ignored (bc it has no flash) and can go through super long periods of consolidation.

it's pissed, to say the least, my timing was impeccable($100). Well, only because it came without a lot of rhyme or reason. In reality, it should have been done a long time ago(getting in). Just remember guys, it's been a nice run, for everything. You never know what could be lurking to shut things down, I O E N O

tempted to realize some profits here aggo but gonna just HODL

Can i deposit USD on Bittrex? after a lot of clicking around i can not find the option anywhere

i know, right?

From a noob view Isn't buying these cheaper cryptocurrencies a so much better investment then bitcoin?, what I mean say you buy some cryptocurrencies for $5 vs a bitcoin at 17k, the $5 one only has to go to $10 to double your money, while bitcoin needs to go to 34k to double your money. It just seems easier for the cryptocurrency to double at the $5 rate, or even 30 cent ones to 60 cents, or is this just totally misleading?

The price of an individual coin is largely irrelevant because it is governed by how many coins exist in the ecosystem. There are 16 million Bitcoins in circulation, while there are for instance 2.7 billion IOTAs and 38 billion Ripples in circulation. The value of a coin is the value of the whole ecosystem divided by the number of coins in that ecosystem, so the larger the number of coins, the less each individual coin will cost. The number of coins is arbitrary; the only thing that matters is the value of the ecosystem. An individual coin will only double if the value of its entire ecosystem doubles. A coin ecosystem valued at 4 billion has to double to 8 billion, regardless of whether the price of an individual coin is $2 or $2000.

Long story short, no, the price of an individual coin has no bearing on whether it is more or less likely to double than Bitcoin. Bitcoin is quite large and established, so though it may appear to have less chance of doubling than other coins, it also almost certainly has a lower chance of crashing than almost all of those other coins.

Bitcoin's ecosystem is currently valued at $273 billion, because it's by far the most popular and well-known coin and the most likely to achieve mainstream use as a store of value. The other coin ecosystems have value either as a longshot to replace Bitcoin, or through occupying a supplementary niche alongside Bitcoin. There are literally hundreds and hundreds of other coins besides Bitcoin, valued anywhere from $50 billion down to the few millions, and they are all competing with each other and Bitcoin for supremacy. The question is, what are the chances that any of these ecosystems achieves one of the two aims listed above? That's what you need to consider when deciding whether a coin has long-term value or not.

Your observation is very interesting, in that it suggests that many casuals are drawn to cheaper tokens just because they are cheaper. This may partially explain the massive pop Litecoin has experienced today, which seems to be led by GDAX (coinbase) by 6-7% over other exchanges all the way up.

First and foremost there has to be a reason for something to go up. With your train of thought, why aren't you buying every penny stock ever offered? hell if they get to a dime u get a 10 bagger, it's so easy . Could probably go into a million examples but just think a little more reasonably. Why are you investing(from your point of view it seems like an investment)? Because you hope something goes up in price. What will it take to go up in price? a good product, a backing, believers, updates,(insert any good characteristic here). In short, bitcoin has already shown those characteristics. the $1 coins are complete unknowns, mostly for a reason, they are almost all, simply, noise(AKA ****coins(atleast that's what they tell me))

So in other words if ripple hits coinbase get ready for $5+ ripple cuz ppl are gonna buy the **** out of a coin that cheap

I'll give you 5 to 1 that it never hits coinbase though

Why you say that?
My best-guess for next coin-add on Coinbase will be BCash (sucks). Coinbase is already sitting on tons of it from the fork. Makes it easier for their customers to dump it/trade with it and keeps those transaction fees in house vs. seeing those coins transferred off before being dumped. PLUS the leaders of BCash are obviously well-connected.

Is it ok to do bitfinex straight to bittrex withdrawal? Seems like it should be but think I read someone saying not to do exchange to exchange before.

If you aren't sure transfer it to a reputable wallet and then onwards to the other exchange. I go GDAX to other exchanges with no problems.

Thanks, I put in the request however I have only just found out about the huge withdrawal delays at bitfinex. Not a good sign at all.

I think any new currency introduced to Coinbase will automatically see a run up in price due to FOMO at the ground floor (regardless if it’s been traded for some time). No doubt partially fueling Litecoin.

no question litecoin would be super busto without coinbase. also, i would be shocked if ripple makes it on. more likely dash, monero, zcash, btrash

+1

Ok this is getting bananas. The coinbase effect is that strong?

As I type that down 8%.

LTC, lmao - Coinbase effect is strong

Those 3 litecoins I bought just keep becoming a bigger and bigger portion of my portfolio lol

so weird, I don't get it. What could cause such a huge runup so quickly with LTC? I was just looking at the chart, and while doing very well in the year, it was more your traditional, nice run, signs of good potential. But then, 300% in 4 days, straight up, why?

Would you guys write "in" the year, or "on" the year? my spell check suggested "in."

Hi people.

Anyway to buy cryptos with Skrill or Neteller?

I am looking to alternatives to BTC with low fees so I can move them to other sites cheap. Xapo is working to buy BTC with neteller but they want me to pay 39$ fee to deposit to other site wtf is that

very accurate imo

as in, no dip? I will dismiss all advice from KB24 from now on.

Hey all. What exchange is the best to buy altcoins? I created an account on bittrex but i read that they charge a flat 0.001 btc fee for withdraw. That is quite a bit for a btc withdraw especially if btc gets higher. Do other exchanges charge less fees? The fees i read are 0.25 percent which i read is very cheap.


However, some people mentioned about binance, hitbtc, poloniex and crytopia.


They said binance is the best because the fees are 0.1 percent but if you own binance coin or something like that, fees are 0.05% which makes it even cheaper than bittrex. I had thought bittrex was the number 1 exchange for altcoins. So it isn't? I read that bittrex and poloniex was the best ones but now binance is number 1? Also another thing. But say you want to buy altcoins with btc. If an an altcoin cost less on binance than bittrex but say the usd rate


Would like to use an example of a coin. Say you want to buy powerledger with bitcoin.



Say to buy powerledger on bittrex its buy price is 0.00003328btc or 0.57

Say to buy powerledger on binance its buy price is 0.00003328btc or 0.53


To sell btc on bittrex is 16281

To sell btc on binance is 15877.43


Bittrex

16281/0.57 = 28563 powerledger x 0.025% fee = about 71. 28563-71 = 28492 powerledger


Binance

15877.43/0.53 = 29957 x 0.10% fee = about 30. 29957 - 30 = 29927


29927-28492= 1435 power ledger difference?


Thus if you spend 1 btc to buy power ledger, its better on binance as oppose to bittrex because you get 1435 more.. or about $817.95 more?


Can someone here rank the top 5 altcoin exchanges? Obviously if it was btc/eth, it would be gdax and gemini i assume?

Also interested in buying BTC with Neteller.

Is Xapo legit? Couldn't find anything about Neteller on there.