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Author Topic: What's wrong with LTC?  (Read 658 times)
bitcoinrocks
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October 17, 2013, 06:53:38 PM
 #1

Does anyone know why LTC seems to be on such a downtrend lately?
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Reply with quote  #2

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matt608
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October 17, 2013, 06:54:50 PM
 #2

It has no distinguishing features.


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sumantso
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October 17, 2013, 07:21:30 PM
 #3

It was on a bubble due to Gox announcement. Now that screwing up seems to be a routine job for Gox LTC is correcting.

I was holding LTC like a frog in a pot of water being slowly heated. The gox maintenance and the associated pump shook me out of my slumber and I sold off.

BitcoinEXpress
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October 17, 2013, 07:21:53 PM
 #4

Does anyone know why LTC seems to be on such a downtrend lately?

It's only on a down tend if you've recently came into LTC. I still have every Litecoin I have ever mined and majority of the "few" I have are from when LTC was valued in pennies.
LTC could drop to $0.25 and I would still be way ahead.

It's also just not Litecoin, it's all alts that are dropping in price due to BTC rising.


~BCX~
vindimy
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October 17, 2013, 07:26:52 PM
 #5

LTC/USD rate has remained stable, LTC/BTC rate has gone down due to BTC rate rising.

miffman
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October 17, 2013, 07:45:35 PM
 #6

ALT coins to fiat has slow fluctuations, so what are you are seeing are the bit coin changes.














 

 

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reb0rn21
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October 17, 2013, 09:17:15 PM
 #7

Still by far best alt, bashing it down for a profit, all that dumped are looking to profit to rebuy more...

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