Could be a simple form of FUD spreading, looking at price maybe its working?
could also just be a simple stress test, people testing scripts, or just someone pissing around for something to do. Testing attack vectors maybe
with LTC its really cheap to do this, so they can. IMO, if its a FUD thing, its most intriguing, create drama to cause loss of confidence, and drop price? buy up cheap?
interesting!
Haha, nice theory, who wouldn't love to see the price goes down so that we can buy cheap LTC because of this bad actors? The FUD is still not out there though, they need to garner some media attention to it.
After LTC's halving, everyone thinks that the price could go on a run. Take note that it's just a run and not the bullish run that we think of. But the opposite happen, the price seems to go on a downward spiral.
However, it this is a strategy to pull down the price by attacking it, then it doesn't make sense to me. Why would that single entity attack it when there are other ways to hurt the price? But I like your theory of stress testing though, maybe that someone is within inside Litecoin and what better ways to attack the network by spamming it. Interesting enough, but we don't have the real answers.
Yes, we don't have answers for now or we may never will. Again, perhaps this is just a way to stress test the network or not. LTC's halving didn't push the price either, so there's a lot of conspiracy behind.