Looking at the altcoin markets it seems many people are worried and convert btc to alts.
What other coins beside LTC are being converted?
LTC is going to the sky because of the halfing that is comming up.
And we all know what happen after the half.... DUMPING
7d:
Namecoin 48.23 %
Peercoin 59.04 %
Litecoin 84.16 %
Litecoin... that is the halfing follwed by the dumbing.
I find name coin extremly interesting... since it is mined together with bitcoin. Not sure why someone would belive more en namecoin of the bitcoin network collapse, then would the namecoin new per deffinition also collaps... I have to meditate on this.
Peercoin, completly suprise! I did not see that comming, had peercoin long time ago, belived it would be one of the future big coins (that was before the shitstorm of the altcoins). Very suprised to see this one going up 60% I had marked this one as dead.
Thanks for information.