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Author Topic: [2015-07-11]NewsBTC - LTC Crushed – Was it a Pump and Dump?  (Read 528 times)
Blawpaw
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July 11, 2015, 06:39:12 PM
 #1

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...

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http://www.newsbtc.com/2015/07/11/ltc-crushed-was-it-a-pump-and-dump/
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JLynn171
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July 11, 2015, 06:43:34 PM
 #2

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
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July 11, 2015, 07:13:21 PM
 #3

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
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July 11, 2015, 08:03:45 PM
 #4

crushed with a market cap of 150 mio ? probably not  Tongue

but that website wants some clicks i guess  Wink

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July 11, 2015, 08:29:53 PM
 #5

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.

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July 11, 2015, 10:38:12 PM
 #6

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, ...

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July 12, 2015, 12:27:21 AM
Last edit: July 12, 2015, 02:23:01 AM by gogxmagog
 #7

$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...
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