Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: WayTooGosu on November 29, 2013, 09:27:48 PM



Title: LTC Drop
Post by: WayTooGosu on November 29, 2013, 09:27:48 PM
LiteCoin dropped pretty heavily overnight. This is a 50% decrease.

https://i.imgur.com/6ycfs9G.png

Let's give a moment of silence to those who invested.


Title: Re: LTC Drop
Post by: bitcoin44me on November 29, 2013, 09:36:58 PM
Price will increase again soon. Don't worry about that.
It will allow people to buy cheap ltc


Title: Re: LTC Drop
Post by: pand70 on November 29, 2013, 09:38:28 PM
So if i may ask. Is this a crash or a correction?  :P :-[


Title: Re: LTC Drop
Post by: KleinMatthias on November 29, 2013, 09:39:02 PM
What is that software you used?


Title: Re: LTC Drop
Post by: WayTooGosu on November 29, 2013, 09:45:55 PM
So if i may ask. Is this a crash or a correction?  :P :-[

I think it may be both, LTC is not supposed to be worth that much.


Title: Re: LTC Drop
Post by: kfactor on November 29, 2013, 09:52:08 PM
I bought in at $7usd so no worries for me ... thinking long term :)


Title: Re: LTC Drop
Post by: exstasie on November 29, 2013, 09:56:26 PM
Price will increase again soon. Don't worry about that.
It will allow people to buy cheap ltc

I believe LTC has strength in the long run..so don't worry about drops.  Invest now and hold!


Title: Re: LTC Drop
Post by: pand70 on November 29, 2013, 09:59:06 PM
What is that software you used?

It's not a software. It's a website bitcoinwisdom.com


Title: Re: LTC Drop
Post by: illusiondefense on November 29, 2013, 10:05:02 PM
Long way to go for ltc.

So, Please keep patience and trade for long term.


Title: Re: LTC Drop
Post by: horsewithnoname on November 29, 2013, 10:15:36 PM
What is that software you used?

It's not a software. It's a website bitcoinwisdom.com

Thank you for this.  Is there a guide for those who are new to reading financial chart indicators, for example O , amplitude and V ?


Title: Re: LTC Drop
Post by: pand70 on November 29, 2013, 10:28:45 PM
What is that software you used?

It's not a software. It's a website bitcoinwisdom.com

Thank you for this.  Is there a guide for those who are new to reading financial chart indicators, for example O , amplitude and V ?

Yes check their help page here http://bitcoinwisdom.com/help/charts


Title: Re: LTC Drop
Post by: WayTooGosu on November 29, 2013, 10:32:58 PM
What is that software you used?

It's not a software. It's a website bitcoinwisdom.com

Thank you for this.  Is there a guide for those who are new to reading financial chart indicators, for example O , amplitude and V ?

I am using the website BitcoinWisdom, it is good for quick analysis and graphs.


Title: Re: LTC Drop
Post by: KleinMatthias on November 29, 2013, 10:35:04 PM
What is that software you used?

It's not a software. It's a website bitcoinwisdom.com

Sweet, thanks! Now all I have to do is learn how to use it :-)


Title: Re: LTC Drop
Post by: boooney on November 29, 2013, 10:37:44 PM
hopeing to hold steady


Title: Re: LTC Drop
Post by: pand70 on November 29, 2013, 10:39:02 PM
What is that software you used?

It's not a software. It's a website bitcoinwisdom.com

Sweet, thanks! Now all I have to do is learn how to use it :-)

Are you planning on day trading or something? If so you should know that it's quite risky  :P


Title: Re: LTC Drop
Post by: WayTooGosu on November 29, 2013, 10:46:07 PM
It is not THAT risky is it? If it is extremely risky, could you give me some reasons? I'd like to know.


Title: Re: LTC Drop
Post by: brioche on November 29, 2013, 10:59:47 PM
It's looking good over at BTC-E, been going up steadily all this week. At $37 each right now.


Title: Re: LTC Drop
Post by: pand70 on November 29, 2013, 11:07:20 PM
It is not THAT risky is it? If it is extremely risky, could you give me some reasons? I'd like to know.

Because so far the only ones that i 've seen harvesting the maximum returns from bitcoins are those who do nothing but hoard.


Title: Re: LTC Drop
Post by: Shark on November 29, 2013, 11:12:25 PM
I bought in at $7usd so no worries for me ... thinking long term :)

I bought in at $4  :)

also thinking long term


Title: Re: LTC Drop
Post by: co5hike on November 29, 2013, 11:16:38 PM
It is not THAT risky is it? If it is extremely risky, could you give me some reasons? I'd like to know.

Because so far the only ones that i 've seen harvesting the maximum returns from bitcoins are those who do nothing but hoard.

Some traders are worse than buy and hold strategy, but some traders are bit better to be fair.
Trade only if you know what you are doing, noob traders will learn the hard way


Title: Re: LTC Drop
Post by: BTCNations on November 29, 2013, 11:18:41 PM
It is the realtime for buying price will rise definetly.


Title: Re: LTC Drop
Post by: WayTooGosu on November 29, 2013, 11:26:43 PM
What exactly do you mean by "realtime?" What you said does not make sense.


Title: Re: LTC Drop
Post by: freethink2013 on November 29, 2013, 11:27:50 PM
All gains are down to people believing it tied to btc. All loses are people realising it's not.


Title: Re: LTC Drop
Post by: bitcoin44me on November 29, 2013, 11:29:01 PM
LTC is a copy of btc, but it was created later.
People missed the opportunity with btc, and hope to get it with LTC, but it does not have media attention, and it might never happen for ltc :S


Title: Re: LTC Drop
Post by: pand70 on November 29, 2013, 11:33:24 PM
All gains are down to people believing it tied to btc. All loses are people realising it's not.

So far it seemed tied to btc. It was only during the last 4 days that things got wild


Title: Re: LTC Drop
Post by: said026 on November 29, 2013, 11:41:31 PM
The course of Litecoin resumed its rise, I think it is related to the monopoly of Bitcoin and the difficulty of mining litecoins with ASIC


Title: Re: LTC Drop
Post by: WayTooGosu on November 30, 2013, 12:07:51 AM
It went back up to $30 after a devastating 50% drop down to $20 USD. It may crash again though.