[2015-07-11]NewsBTC - LTC Crushed – Was it a Pump and Dump?

[Blawpaw]

LTC Crushed – Was it a Pump and Dump?

The Litecoin (LTC) price reached exchange rates exceeding $8.65 and 0.29 Bitcoins. This represented an extended growth rate of...

Read more:

http://www.newsbtc.com/2015/07/11/ltc-crushed-was-it-a-pump-and-dump/

[JLynn171]

LTC Crushed – Was it a Pump and Dump?

The Litecoin (LTC) price reached exchange rates exceeding $8.65 and 0.29 Bitcoins. This represented an extended growth rate of...

Read more:

http://www.newsbtc.com/2015/07/11/ltc-crushed-was-it-a-pump-and-dump/

LTC is still the only alt coin i will ever have faith in agnd hold back onto... with the price of it now im hoping that the ones im keeping back will get that miracle like BTC did in the early days going from dust to gold

[Blawpaw]

LTC Crushed – Was it a Pump and Dump?

The Litecoin (LTC) price reached exchange rates exceeding $8.65 and 0.29 Bitcoins. This represented an extended growth rate of...

Read more:

http://www.newsbtc.com/2015/07/11/ltc-crushed-was-it-a-pump-and-dump/

LTC is still the only alt coin i will ever have faith in agnd hold back onto... with the price of it now im hoping that the ones im keeping back will get that miracle like BTC did in the early days going from dust to gold

Same here. I haven't sold any. I'm pretty sure the price will surpass the high levels of 2013! Besides, there's still at least a month for the halving. we will still see a new price surge!

[LiteCoinGuy]

crushed with a market cap of 150 mio ? probably not 

but that website wants some clicks i guess 

[1Referee]

I am not an altcoin fan, but I have to admit that the volume it has generated the last days/weeks is greatly impressive. It's clear that there is a very wealthy group active making Litecoin shine. A combined group effort that made a few guys very rich in a short time.

[odolvlobo]

The author doesn't know what a "pump and dump" scheme is. I'm surprised he didn't call LTC a ponzi scheme, too.

"Pump and dump" (P&D) is a form of microcap stock fraud that involves artificially inflating the price of an owned stock through false and misleading positive statements, ...

[gogxmagog]

$8.65 and 0.29 Bitcoins

0.29 BTC equals ~$85... dont you think a news btc site could be a little more accurate?

also, I saw in another thread that this was a pump and dump, that one of the big mining tycoons in china was publicly admitting to it, recruiting people to help pump it...

its only LTC, so who cares...