Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: bitcoinrocks on October 17, 2013, 06:53:38 PM



Title: What's wrong with LTC?
Post by: bitcoinrocks on October 17, 2013, 06:53:38 PM
Does anyone know why LTC seems to be on such a downtrend lately?


Title: Re: What's wrong with LTC?
Post by: matt608 on October 17, 2013, 06:54:50 PM
It has no distinguishing features.


Title: Re: What's wrong with LTC?
Post by: sumantso on October 17, 2013, 07:21:30 PM
It was on a bubble due to Gox announcement. Now that screwing up seems to be a routine job for Gox LTC is correcting.

I was holding LTC like a frog in a pot of water being slowly heated. The gox maintenance and the associated pump shook me out of my slumber and I sold off.


Title: Re: What's wrong with LTC?
Post by: BitcoinEXpress on October 17, 2013, 07:21:53 PM
Does anyone know why LTC seems to be on such a downtrend lately?

It's only on a down tend if you've recently came into LTC. I still have every Litecoin I have ever mined and majority of the "few" I have are from when LTC was valued in pennies.
LTC could drop to $0.25 and I would still be way ahead.

It's also just not Litecoin, it's all alts that are dropping in price due to BTC rising.


~BCX~


Title: Re: What's wrong with LTC?
Post by: vindimy on October 17, 2013, 07:26:52 PM
LTC/USD rate has remained stable, LTC/BTC rate has gone down due to BTC rate rising.


Title: Re: What's wrong with LTC?
Post by: miffman on October 17, 2013, 07:45:35 PM
ALT coins to fiat has slow fluctuations, so what are you are seeing are the bit coin changes.


Title: Re: What's wrong with LTC?
Post by: reb0rn21 on October 17, 2013, 09:17:15 PM
Still by far best alt, bashing it down for a profit, all that dumped are looking to profit to rebuy more...