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Author Topic: How has litecoin gotten so overvalued?  (Read 757 times)
Extornia
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November 27, 2013, 10:39:34 PM
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Well, how was litecoin gotten so overvalued? I didn't expect it to get to this price by atleast a few months now. Hell, I expected a year if nothing. Whats going on?
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November 27, 2013, 10:41:06 PM
 #2

What is it's correct value?

Extornia
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November 27, 2013, 10:42:56 PM
 #3

The difficulty of mining and the price are not in a proper ratio, atleast by my opinion. Maybe im blindsided by the fact I sold 120 at $2, but still. $31 at this low of difficulty? I'm getting worried (even now, as I am again mining) its going to be the same bubble BTC was before dropping to $90
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November 27, 2013, 10:43:49 PM
 #4

No ones ever happy  Cheesy

"LTC IS UNDERVALUED!"

goes up

"LTC IS OVERVALUED!"


what about BTC?

Radix - DLT x.0

Web - http://radix.global  Forums - http://forum.radix.global Twitter - @radixdlt
Extornia
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November 27, 2013, 10:45:38 PM
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Yes, it most certainly was undervalued at $2 and I regret selling. But my hungry ass wanted a MSI R9 280X LOL. Still, $10 would of been more reaslitic, maybe $14.
pontiacg5
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November 27, 2013, 10:48:54 PM
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Yes, it most certainly was undervalued at $2 and I regret selling. But my hungry ass wanted a MSI R9 280X LOL. Still, $10 would of been more reaslitic, maybe $14.

Just out of curiosity, were you able to get 750kh/s from that MSI? I've had Gigabyte, sapphire, and power cooler cards now at this point and only the sapphire cards can run 750kh/s stable.

I agree we are way over valued right now, but $10 was pretty nice. I wouldn't mind retracing for a while  Grin

Please DO NOT send me private messages asking for help setting up GPU miners. I will not respond!!!
FreedomCoin
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November 27, 2013, 10:52:17 PM
 #7

shit.. Novacoin is overvalued. glad litecoin is finally no 2

Yurizhai
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November 27, 2013, 10:52:43 PM
 #8

Stop trying to understand it and just enjoy it.
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November 27, 2013, 10:53:57 PM
 #9

The Chinese are indiscriminately pumping money into altcoins.

They love to gamble.

SpeedDemon13
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November 28, 2013, 12:52:45 AM
 #10

Don't over think it, just ride the wave and make your profit. Just like the stock market.

CRYPTSY exchange: https://www.cryptsy.com/users/register?refid=9017 BURST= BURST-TE3W-CFGH-7343-6VM6R BTC=1CNsqGUR9YJNrhydQZnUPbaDv6h4uaYCHv ETH=0x144bc9fe471d3c71d8e09d58060d78661b1d4f32 SHF=0x13a0a2cb0d55eca975cf2d97015f7d580ce52d85 EXP=0xd71921dca837e415a58ca0d6dd2223cc84e0ea2f SC=6bdf9d12a983fed6723abad91a39be4f95d227f9bdb0490de3b8e5d45357f63d564638b1bd71 CLAMS=xGVTdM9EJpNBCYAjHFVxuZGcqvoL22nP6f SOIL=0x8b5c989bc931c0769a50ecaf9ffe490c67cb5911
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