litecoin price to rise

rendravolt Bronze Bitcoiner Posts: 512 Joined: Wed Oct 07, 2015 9:29 pm Litecoin subsequent price in 2016 How is your prediction about Litecoin in the year 2016?after proper november 2014 and litecoin never touched in the price 0.05199000 BTC LiteCoinGuy Gold Bitcoiner Posts: 2505 Joined: Mon Sep 21, 2015 9:00 am Re: Litecoin subsequent price in 2016 ********************************************///r/Bitcoin/ rendravolt Bronze Bitcoiner Posts: 512 Joined: Wed Oct 07, 2015 9:29 pm Re: Litecoin subsequent price in 2016 Yes I agree with you, because litecoin follow the price, the higher the price and vice versa bitcoin litecoin prices will also rise, but we wait until no one wants to buy bitcoin in large quantities.vanilladev Nickel Bitcoiner Posts: 60 Joined: Wed Sep 30, 2015 2:55 am Re: Litecoin subsequent price in 2016 I've been mining LTC @ ~1 GH/s for over a year now and I believe it will continue to do well in 2016.
This has never happened before with a crypto-currency, an ASIC remaining profitable for 1.5 years so it's an interesting situation when the supply of ASIC devices is limited.If manufacturers begin producing them again like the last few years I expect the price to rise with the difficulty.Thank you for your support.John ConnorVanillacoinhttp://vanillacoin.net nyeko_12 Nickel Bitcoiner Posts: 45 Joined: Wed Sep 30, 2015 4:15 pm Re: Litecoin subsequent price in 2016 in 2016 the price of Litecoin will be in double or low triple digits, if the price of bitcoins goes up to mid-high triple digits rendravolt Bronze Bitcoiner Posts: 512 Joined: Wed Oct 07, 2015 9:29 pm Re: Litecoin subsequent price in 2016 I've been mining LTC @ ~1 GH/s for over a year now and I believe it will continue to do well in 2016.bitcoin japan adoptionThank you for your support.Nice guys, this is very beneficial for you in the current bitcoin increasingly difficult for you already have litecoin mined in large quantities.bitcoin cox
rendravolt Bronze Bitcoiner Posts: 512 Joined: Wed Oct 07, 2015 9:29 pm Re: Litecoin subsequent price in 2016 in 2016 the price of Litecoin will be in double or low triple digits, if the price of bitcoins goes up to mid-high triple digits If it's still confusing, because the clarity of the resulting price of bitcoin now it all.Who is online Users browsing this forum: No registered users and 1 guestbitcoin wallet labelA new digital coin is polarizing the cryptocurrency community after a massive price run-up stoked speculation that it could be a pump and dump.api rest bitcoinThe coin, called Steem, surged 20 fold in value in the past week, from around 25 cents a coin on July 8 to around $5 on Wednesday.yellen on bitcoinIt quickly established itself as the world’s third-largest cryptocurrency, behind Bitcoin BTCUSD, +0.33% and Ethereum.bitcoin vietnam lua dao
In the span of less than a week, Steem has gone from the 10th largest cryptocurrency by market capitalization to crack the top three, surpassing Ripple and Litecoin, which have experienced their own boom-and-bust cycles.Cryptocurrencies are notoriously volatile.It’s not uncommon to see investors pile in to a new digital currency, hoping to ride a speculative wave to a quick profit.Often, the gains are unwound just as quickly, as buyers rush for the exits.bitcoin litecoin capitalizationEthereum, the second-largest cryptocurrency, saw its value increase from about 50 cents a coin last summer to a peak north of $20 a coin in June, before tumbling back to $12 a coin.bitcoin miner hubBut Steem stands out because of the pace and magnitude of its rise, and for its unique business model.bitcoin jfk
Steem’s creators designed the digital currency to be a part of a social-media platform, called Steemit, that rewards users who publish content based on its popularity.Its founders say Steemit will attract users by rewarding them for behaviors that other social media companies, like Reddit and Facebook, use.Steem’s creators tout it as a revolutionary social-media platform that subverts the business model of Facebook and Reddit, allowing its users to profit from the content they create.“People should be getting paid for the work they do.People are showing up for free and putting countless hours of their time into these platforms that make money from them,” said Ned Scott, one of the creators of Steem.Users who publish posts on Steemit, which loosely resembles Reddit, are rewarded with Steem tokens.The more popular the post, the larger the reward.Users who recommend content are rewarded, too, depending on the content’s popularity.But the cryptocurrency also trades on the secondary market, where speculators have appeared eager to drive up its price.
Its value briefly dipped after Scott announced that the platform had been hacked late Thursday.Critics say Steemit’s business model is, at best, convoluted, and at worst, nonsensical.In a Reddit thread, users debated whether Steem was the first step in a social-media revolution, or a scam.Some have raised concerns about the amount of Steem that’s controlled by Scott and his cofounders, equal to about 50% of the total float.Steem had a market capitalization of about $330 million on Friday.“I don’t know why it has value,” said Tone Vays, head of research at BraveNewCoin, a company that provides data and analytics about the cryptocurrency market.“It just goes to show how you stick the words ‘New Crypto’ in front of something and speculators just come running.” Both Scott and Steemit co-creator Daniel Larimar have been involved in the cryptocurrency community for several years.Larimar previously worked on another cryptocurrency called BitShares, which saw its market cap peak above $60 million in late 2014 before its value collapsed.