How has litecoin gotten so overvalued?

[Extornia]

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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What is it's correct value?

[Extornia]

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

[Fuserleer]

No ones ever happy 

"LTC IS UNDERVALUED!"

goes up

"LTC IS OVERVALUED!"


what about BTC?

[Extornia]

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]

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 

[FreedomCoin]

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

[Yurizhai]

Stop trying to understand it and just enjoy it.

[Hazard]

The Chinese are indiscriminately pumping money into altcoins.

They love to gamble.

[SpeedDemon13]

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