Bitcoin Forum

WTF is going on with LTC's? This is crazy!

https://btc-e.com/exchange/ltc_usd

I literally looked away 10 minutes and it went up $0.5. I am so glad I adopted early.

Unfreakinbelievable guys, holy crap!

$4 as I'm typing this! hahahahha

Selling off now. *Can't stop shaking*

is there a way to buy LTC with Credit Card?   Or what is the best place to exchange BTC for LTC?

BTC-E is the major LTC exchange right now.

Btc-e and Vircurex. I also trade in them :p

You can sell to private members. Like me! Buy me physical goods or giftcards and I will pay in LTC.

We're now at a $65 million USD market cap.

Wow the price is going absolutely insane.

It's not only Litecoin. Many alt-coins are rallying (see Vircurex):

NMC: 0,003 -> 0.02 (7 times!)

PPC: 0.0002 -> 0.0005

DVC: 0.0000009 -> 0.0000013

TRC: 0.001 -> 0.0017

I think some people got nervous at the > 100 $ bitcoin price and are parking their money in altcoins.

its going up up and away just out the door to buy 3000 more in equipment

$4.37!

I think this post is right on the ball, and PPC is still going up (only one I'm checking, not looking at others). Good time to buy into a new alt coin if you are interested, and congrats to you Litegoin guys!

I'm really thinking about buying some 6870s and mining some litcoins especially at $4 dollars per litecoins.Does anyone here have a 6870?If yes, whats the performance like? I heard that a single 6870 can create around 100 litecoins at the current difficulty.

If I understand correctly, you want a lot of ram on your video cards.

Check out this thread as an example: https://bitcointalk.org/index.php?topic=163306.0

I have a pair of 6870s tuned to 302kh/s each (total shows about 600-610kh/s) running for weeks now - daily earnings after pool fees are about 5.5LTC/day at this difficulty.

That sounds pretty good. I really hope that LTC stays at $4 or grows to $10 that would be pretty amazing.

Oh and +1 to Vuxil thanks for the link

Ugh why could it not just have waited one more day  :P  !

Decided to buy a bunch on Thursday. Still waiting for the exchanges to process my deposits.

Now it's $4.5  . What an insane climb!  Not going to buy now... I was so so very close to making a great call there  :)   

And.............

HERE



COMES



THE



CRASH!

People, I have a strong feeling in my nether regions that the rate will drop to the 2-3 dollar area and stay there until I finish my TacoMiner.

Then it'll slowly rise to 10 bucks over a few months.

I'm very worried about the difficulty rising big time too, though. Right now, LTC is 439.81% more profitable to mine then BTC. I imagine a lot of people are installing LTC miners.

source : http://dustcoin.com/mining

Phew!  It's going back down.

Scared me.  I was worried it'd shoot up to ten dollars or something, and then I'd really have missed that boat.

nope. no crash here

people are cashing out. that's more than expected from the very early and not-so-early-but-still-early-enough people when you have such insane amounts of ROI. it will probably go down a few, find a floor somewhere, stay there for some time and then it will go up again.

Not for long if the rumours are to be believed *cough* Gox *cough*

I believe those rumors were verified to be true.  :)

my sophisticated and always correct chart-analysis for LTC (after 4 hours of tremendous algorithmic processing on the chart being done):

http://www.neu-art.de/ltc_chart.jpg

ITT: People spending newfound bitcoin wealth on redundant alternate fork in hopes of even greater exponential gains

Network just hit 6 gh/s

With Litecoin's fast transactions and resistance to centralization (more ASIC proof), I could see Litecoin potentially giving BTC a run for its fiat if there is wider adoption.  For merchants to be able to use these cyptocoins, the quicker confirmation could be a huge benefit faciliate volume of sales.  At this point BTC still takes much too long for actual retail use.  Secondly, since people are now getting familiar with the wallets and cryptocoin transactions, the hurdle for LTC to be adopted seems a lot less.

My thoughts as well.  Store in Bitcoin, trade in Litecoin.  Perfect complements.

And winning

the bad situation is now that all the establish miners with there farm rigs are turning there guns to litecoin there for leaving new comers to bite the dust difficulty up 50% and will clime up to 500 by the end of the month.

Yep - for a second it looked like I was going to be able to make my money back that was spent on a larger PSU and two 6870s 3 weeks ago. 

It might happen eventually but it's a long way off now - started at 60 difficulty and was raking in the LTC.  Now it looks like I'll be lucky to mint 3 a day for the next couple days and diminish pretty quickly from there out.

yes it sucks i boght my second rig yesterday thinking the same only to see that everyone that was mining bitcoin are now mining litecoin and most of the talked shit all along the way now look where there at  and people are still loads are saying it will crash evan thou it has been going up $1 a day now for 3 days strait