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Author Topic: Litecoin less than historic dump  (Read 3270 times)
420 (OP)
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November 16, 2012, 11:14:27 AM
Last edit: November 16, 2012, 11:33:44 AM by 420
 #1

last few days LTC has gone from .00637 to .0053 (in BTC)
That's a 21% drop!

and doesn't look like the end

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Rubberduckie
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November 16, 2012, 11:18:51 AM
 #2

last few days LTC has gone from .00637 to .0053
That's a 21% drop!

and doesn't look like the end

Really doesn't mean anything, LTC dropped down to 0.0009 earlier this year from a high of around 0.01 around 12 months ago.

For the record I don't have any LTC, But I still think it'll last long term

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November 16, 2012, 11:26:35 AM
 #3

last few days LTC has gone from .00637 to .0053
That's a 21% drop!

and doesn't look like the end

Really doesn't mean anything, LTC dropped down to 0.0009 earlier this year from a high of around 0.01 around 12 months ago.

For the record I don't have any LTC, But I still think it'll last long term

High was 0.014 recently, then 0.001 was also hit after. Two wanna-be manipulators trying to outpace each other. One thing that shows: There is increasing interest in litecoin from people who actually have enough cash to nudge it around.
I think the bottom will be reached very soon if it isn't already here.
420 (OP)
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November 16, 2012, 11:26:41 AM
 #4

last few days LTC has gone from .00637 to .0053
That's a 21% drop!

and doesn't look like the end

Really doesn't mean anything, LTC dropped down to 0.0009 earlier this year from a high of around 0.01 around 12 months ago.

For the record I don't have any LTC, But I still think it'll last long term

holy fuck

title revised due to new information

Well what were BTC prices at those points?

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November 16, 2012, 02:03:22 PM
 #5

and doesn't look like the end
it will go up again much higher  Grin
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November 16, 2012, 02:05:04 PM
 #6

ill be sure to keep my eye on this, hopefully it doesnt dip down too much

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November 16, 2012, 02:08:12 PM
 #7

BREAKING NEWS!  A stock price in something has gone up and down! This MUST be the first time in history!
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November 16, 2012, 02:12:11 PM
 #8

Most of the time when bitcoin price is rising, litecoin is falling.
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November 16, 2012, 04:07:15 PM
 #9

few whealthier people are trying to controll the price.
recently LTC started to be an interesting coin to market, amunt of users went up, mostly due to speculations involving ASIC mining / miners switching over to litecoin and increasing difficulty and therefor, making it more valuable, coz dumping it would be unprofitable.

time will tell succes or fail of this coin, in my opinion ; if it doesnt become interesting after ASIC mining, it will sink to nearly 0, but if users actualy start mining it, after initial dumps and diff. increase, its value will be much much higher.

long story short, it seams that its a smart move to have a couple thousands of LTC and hold it atleast till january, if u can afford it ofc, if u cant , sit down and enjoy the show.
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November 16, 2012, 06:44:08 PM
 #10

last few days LTC has gone from .00637 to .0053
That's a 21% drop!

and doesn't look like the end

Really doesn't mean anything, LTC dropped down to 0.0009 earlier this year from a high of around 0.01 around 12 months ago.

For the record I don't have any LTC, But I still think it'll last long term

holy fuck

title revised due to new information

Well what were BTC prices at those points?

BTC were worth around $2-$3 when LTC was @ 0.0009. I know because I sold several thousand. Oops Grin

420 (OP)
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November 17, 2012, 04:35:32 AM
 #11

last few days LTC has gone from .00637 to .0053
That's a 21% drop!

and doesn't look like the end

Really doesn't mean anything, LTC dropped down to 0.0009 earlier this year from a high of around 0.01 around 12 months ago.

For the record I don't have any LTC, But I still think it'll last long term

holy fuck

title revised due to new information

Well what were BTC prices at those points?

BTC were worth around $2-$3 when LTC was @ 0.0009. I know because I sold several thousand. Oops Grin

so in USD LTC doubled its quadruple or quintuple value gain in btc even

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November 17, 2012, 08:00:32 AM
 #12

last few days LTC has gone from .00637 to .0053
That's a 21% drop!

and doesn't look like the end

Really doesn't mean anything, LTC dropped down to 0.0009 earlier this year from a high of around 0.01 around 12 months ago.

For the record I don't have any LTC, But I still think it'll last long term

holy fuck

title revised due to new information

Well what were BTC prices at those points?

BTC were worth around $2-$3 when LTC was @ 0.0009. I know because I sold several thousand. Oops Grin

so in USD LTC doubled its quadruple or quintuple value gain in btc even

pretty much. BTC and LTC both went up in value.

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November 17, 2012, 08:05:11 AM
 #13

There is a scramble on right now to snap up BTC (wise? not sure) so people are moving out of everything else to get their hands on BTC. I think LTC is long term, we need to work on it more, but it's long term.

more or less retired.
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November 17, 2012, 10:34:29 PM
 #14

It looks like bASIQ ASICs for BTC are about to ship, so we may see the price or at least the difficulty of LTC explode very soon.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
420 (OP)
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November 18, 2012, 03:49:44 AM
 #15

It looks like bASIQ ASICs for BTC are about to ship, so we may see the price or at least the difficulty of LTC explode very soon.

ABOUT TO? post please, evidence required

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November 18, 2012, 03:59:19 AM
 #16

It looks like bASIQ ASICs for BTC are about to ship, so we may see the price or at least the difficulty of LTC explode very soon.

ABOUT TO? post please, evidence required


EVIDENCE.

There ^  Cheesy Cheesy Cheesy

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420 (OP)
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November 18, 2012, 04:16:06 AM
 #17

I guess I'm last to hear of a WORKING ASIC PROTOTYPE, wtf guys!

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November 18, 2012, 02:52:38 PM
 #18

long story short, it seams that its a smart move to have a couple thousands of LTC and hold it atleast till january, if u can afford it ofc, if u cant , sit down and enjoy the show.
I think this is a wise decision...
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November 18, 2012, 08:19:16 PM
 #19

Yes, a couple thousand or so is prudent.
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November 19, 2012, 01:59:06 AM
 #20

Much better to invest the LTC in dividend bearing assets while waiting.

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