MaGNeT (OP)
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Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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March 28, 2013, 06:19:39 PM
Last edit: March 28, 2013, 06:29:42 PM by MaGNeT |
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I don't mind the price of Litecoins is very low at the moment, I hoard and wait...
Why I think price of LTC goes up?
When people quit mining Bitcoins with GPU's, they have to move to another coin that can't be mined by the current ASIC's or just quit mining with them.
Litecoins also can't be "merge mined", like Namecoins (it destroyed the value but saved the network).
What will happen to Litecoin? Difficulty shoots up, 20 times at the very least... They won't be sold cheap because it wouldn't make sense to mine them at a loss...
Will Litecoins be dumped? Hard to say but when it's so hard to mine, why would you dump them?
So I predict price goes up in 2/3 months from now...
Buy now, while they are cheap.
Just 100 of them could make you a little fortune.
When Bitcoin is gold, Litecoin is silver.
And I like both gold and silver...
Selling and/or dumping them now? You'll regret it...
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wndrbr3d
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March 28, 2013, 06:25:47 PM |
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I sold 10k of my stock when price jumped up to $0.07  Needless to say I'm going to sit on the rest of them until the price hits $100 |
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wizzardTim
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Activity: 1708
Merit: 1000
Reality is stranger than fiction
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March 28, 2013, 06:29:34 PM |
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It is already going up.
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Behold the Tangle Mysteries! Dare to know It's truth.
- Excerpt from the IOTA Sacred Texts Vol. I
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MaGNeT (OP)
Legendary
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Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
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March 28, 2013, 06:29:55 PM |
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It is already going up.
Yup. |
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allthingsluxury
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Activity: 1540
Merit: 1029
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March 28, 2013, 09:50:23 PM |
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More and more businesses are accepting LTC and thus creating a marketplace for them. I see the price of LTC rising over the next year.
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Gold & Silver Financial News: Silver Liberation Army, Gold & Silver News, Geopolitical & Financial News, Jim Rickards Blog, Marc Faber Blog, Jim Rogers Blog, Peter Schiff Blog, David Morgan Blog, James Turk Blog, Eric Sprott Blog, Gerald Celente Blog |
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weex
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Activity: 1102
Merit: 1014
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March 28, 2013, 09:53:05 PM |
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BTC price is crashing right now and I think people would rather go into another crypto than back to USD.
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GambitBTC
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March 28, 2013, 10:23:31 PM |
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BTC price is crashing right now and I think people would rather go into another crypto than back to USD.
Last Price 77.25 Almost 20$ drop in 1 day is scary |
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weex
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Activity: 1102
Merit: 1014
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March 28, 2013, 10:34:04 PM |
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When BTC was down 20%, LTC was up 40% which makes it interesting as a possible hedge.
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cdog
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March 28, 2013, 10:35:10 PM |
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BTC price is crashing right now and I think people would rather go into another crypto than back to USD.
Last Price 77.25 Almost 20$ drop in 1 day is scary Going from $12 to $95 is scary. Going back to $70 is just FINE, lol. And yes. Buy and hold LTC if you want to reduce BTC exposure during these normal "bumps" |
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GambitBTC
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March 28, 2013, 10:38:19 PM |
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BTC price is crashing right now and I think people would rather go into another crypto than back to USD.
Last Price 77.25 Almost 20$ drop in 1 day is scary Going from $12 to $95 is scary. Going back to $70 is just FINE, lol. And yes. Buy and hold LTC if you want to reduce BTC exposure during these normal "bumps" I agree |
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Liquid
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March 28, 2013, 11:54:07 PM |
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Come on LTC go to $1 pls  |
Bitcoin will show the world what hard money really is.
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bitcoinnix
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Activity: 56
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March 29, 2013, 12:46:45 AM |
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Come on LTC go to $1 pls NOOO! Not until I get more from you! |
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chriswen
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March 29, 2013, 03:46:44 AM |
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Why I think price of LTC goes up?
When people quit mining Bitcoins with GPU's, they have to move to another coin that can't be mined by the current ASIC's or just quit mining with them.
Litecoins also can't be "merge mined", like Namecoins (it destroyed the value but saved the network).
What will happen to Litecoin? Difficulty shoots up, 20 times at the very least... They won't be sold cheap because it wouldn't make sense to mine them at a loss...
Will Litecoins be dumped? Hard to say but when it's so hard to mine, why would you dump them?
Lol, this argument is so funny.
So I predict price goes up in 2/3 months from now...
Buy now, while they are cheap.
Just 100 of them could make you a little fortune.
When Bitcoin is gold, Litecoin is silver.
And I like both gold and silver...
Selling and/or dumping them now? You'll regret it...
Therefore, don't sell or dump them now wait 2/3 months when the price goes up. |
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GambitBTC
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March 29, 2013, 04:05:56 AM |
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Thinking about dropping some money on a few graphic cards....
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Walter Rothbard
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March 29, 2013, 02:38:58 PM |
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I am not a Litecoin guy, but I agree with this analysis. I am positive that in this time frame, we'll see at least one significant upswing for Litecoin. Personally, I am betting this will be true for most active alt cryptocurrencies, as well.
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bitcoiners
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March 30, 2013, 12:50:10 AM |
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BTC price is crashing right now and I think people would rather go into another crypto than back to USD.
Last Price 77.25 Almost 20$ drop in 1 day is scary Going from $12 to $95 is scary. Going back to $70 is just FINE, lol. And yes. Buy and hold LTC if you want to reduce BTC exposure during these normal "bumps" TIL something that has never happened before is, "normal." |
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allthingsluxury
Legendary
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Activity: 1540
Merit: 1029
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March 30, 2013, 05:59:09 AM |
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Come on LTC go to $1 pls I think it is a very strong possibility over the next year. |
Gold & Silver Financial News: Silver Liberation Army, Gold & Silver News, Geopolitical & Financial News, Jim Rickards Blog, Marc Faber Blog, Jim Rogers Blog, Peter Schiff Blog, David Morgan Blog, James Turk Blog, Eric Sprott Blog, Gerald Celente Blog |
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GambitBTC
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March 30, 2013, 06:01:50 AM |
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Come on LTC go to $1 pls I think it is a very strong possibility over the next year. As soon as BFL delivers |
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matauc12
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March 30, 2013, 06:03:37 AM |
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Come on LTC go to $1 pls I think it is a very strong possibility over the next year. As soon as BFL delivers I think with that timeline 30$ would be more accurate Come on LTC go to $1 pls I think it is a very strong possibility over the next year. Add Litecoin to your Sig! I think its worth it! And yeah, stable over 1$ will happen within the year is my guess too. Hitting 1$ might happen soon I would say though. |
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medicine
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March 30, 2013, 06:24:45 AM |
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Very interesting comment regarding people switching over form BTC mining to LTC mining as the BTC network difficulty rises in the coming months.
I'm on board the LTC boat.
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