Swordsoffreedom
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July 02, 2014, 07:04:43 AM |
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I wonder if someone pressed the nuke button Anyways litecoin is having a rough round but I don't think its dead yet That said got to make sure to get the bottom not grab a falling knife.
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BitcoiNaked (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2014, 10:52:45 AM |
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Seems like it's continuing to go down until $2,21 which seems the new low. $7,80 right now
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onlinepro
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July 02, 2014, 12:05:09 PM |
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Yeah, bitcoin going up and litceoin down. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Ftctechcrunch2011.files.wordpress.com%2F2014%2F06%2Fbitcoin-litecoin.png&t=665&c=fOzuN9NFk_Hy7Q)
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juicyjuice87
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2014, 12:30:56 PM |
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There's a worrying trend atm. My charts tell me LTC will drop another 30% this week! I'm usually right about these kind of things
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lordoliver
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2014, 12:34:55 PM |
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There's a worrying trend atm. My charts tell me LTC will drop another 30% this week! I'm usually right about these kind of things right, it will bottom at 0.008 BTC like last time. and then later raise to 0.05 in a month.
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thimo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2014, 12:44:47 PM |
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No way, there is nothing about litecoin that's interesting, its going down the drain. All bagholders are just trying to hype it. Yesterday it was at $8.80 and the bagholders on the litecoin subreddit were yelling: NOW IS THE BEST TIME TO BUY, IT WILL NEVER SEE $8.80 AGAIN!! Just like it wouldn't see $9, $10, $11, $12, $13, $14, oh and $15 was rock bottom, it's now at $7.80. Litecoin is going down, better to get out now.
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i can rent this1
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lordoliver
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2014, 12:49:36 PM |
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No way, there is nothing about litecoin that's interesting, its going down the drain. All bagholders are just trying to hype it. Yesterday it was at $8.80 and the bagholders on the litecoin subreddit were yelling: NOW IS THE BEST TIME TO BUY, IT WILL NEVER SEE $8.80 AGAIN!! Just like it wouldn't see $9, $10, $11, $12, $13, $14, oh and $15 was rock bottom, it's now at $7.80. Litecoin is going down, better to get out now.
i only have 10 or something because I am highly diversified, so I don't care. But you will see ;-)
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ltcnim
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July 02, 2014, 12:50:50 PM |
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I don't think it will ever rise again big time. It might make some small steps up, but then again go down even more over time. LTC lost around $40M marketcap in the last two (?) days. The only ppl trying to fight against the obvious are the guys over at ltctalk. while I can understand them (and I would most likely do the same if I were a bagholder), even some mods over there seem to lose confidence. I just stumbled across a topic from late dec. last year, and while I really feel sorry for the OP, it shows that most of them do not want to realise how bad LTC is performing since last year. https://litecointalk.org/index.php?topic=11136.0Ok, if you bought in at a few cents it's easy to keep calm, but those poor guys who got sucked into that bubble are paying with hard money. I think my favourite part in that thread was "tell your friends and family to buy LTC..." hell, they would beat the shit out of me right now! but maybe I'm wrong and it's really just the calm before the storm and LTC will explode to $100. while I really doubt that, I kinda wish that it happens. not for the majority of the ltc holders, but for guys like the OP of the mentioned topic.
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lordoliver
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July 02, 2014, 12:52:28 PM |
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I don't think it will ever rise again big time. It might make some small steps up, but then again go down even more over time. LTC lost around $40M marketcap in the last two (?) days. The only ppl trying to fight against the obvious are the guys over at ltctalk. while I can understand them (and I would most likely do the same if I were a bagholder), even some mods over there seem to lose confidence. I just stumbled across a topic from late dec. last year, and while I really feel sorry for the OP, it shows that most of them do not want to realise how bad LTC is performing since last year. https://litecointalk.org/index.php?topic=11136.0Ok, if you bought in at a few cents it's easy to keep calm, but those poor guys who got sucked into that bubble are paying with hard money. I think my favourite part in that thread was "tell your friends and family to buy LTC..." hell, they would beat the shit out of me right now! but maybe I'm wrong and it's really just the calm before the storm and LTC will explode to $100. while I really doubt that, I kinda wish that it happens. not for the majority of the ltc holders, but for guys like the OP of the mentioned topic. you are looking only short term guy... it will raise with btc like silver with gold.
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ltcnim
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July 02, 2014, 01:00:04 PM |
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I don't think it will ever rise again big time. It might make some small steps up, but then again go down even more over time. LTC lost around $40M marketcap in the last two (?) days. The only ppl trying to fight against the obvious are the guys over at ltctalk. while I can understand them (and I would most likely do the same if I were a bagholder), even some mods over there seem to lose confidence. I just stumbled across a topic from late dec. last year, and while I really feel sorry for the OP, it shows that most of them do not want to realise how bad LTC is performing since last year. https://litecointalk.org/index.php?topic=11136.0Ok, if you bought in at a few cents it's easy to keep calm, but those poor guys who got sucked into that bubble are paying with hard money. I think my favourite part in that thread was "tell your friends and family to buy LTC..." hell, they would beat the shit out of me right now! but maybe I'm wrong and it's really just the calm before the storm and LTC will explode to $100. while I really doubt that, I kinda wish that it happens. not for the majority of the ltc holders, but for guys like the OP of the mentioned topic. you are looking only short term guy... it will raise with btc like silver with gold. whoever still really believes in that (even that the charts are clearly telling otherwise), has learned nothing in the last months. and please, stop with that gold/silver crap. physical gold/silver is about purchasing power in really bad times (which hopefully never happen). I don't think you would be able to buy bread with LTC (or any other crypto) in WW3 ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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lordoliver
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July 02, 2014, 01:03:32 PM |
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I don't think it will ever rise again big time. It might make some small steps up, but then again go down even more over time. LTC lost around $40M marketcap in the last two (?) days. The only ppl trying to fight against the obvious are the guys over at ltctalk. while I can understand them (and I would most likely do the same if I were a bagholder), even some mods over there seem to lose confidence. I just stumbled across a topic from late dec. last year, and while I really feel sorry for the OP, it shows that most of them do not want to realise how bad LTC is performing since last year. https://litecointalk.org/index.php?topic=11136.0Ok, if you bought in at a few cents it's easy to keep calm, but those poor guys who got sucked into that bubble are paying with hard money. I think my favourite part in that thread was "tell your friends and family to buy LTC..." hell, they would beat the shit out of me right now! but maybe I'm wrong and it's really just the calm before the storm and LTC will explode to $100. while I really doubt that, I kinda wish that it happens. not for the majority of the ltc holders, but for guys like the OP of the mentioned topic. you are looking only short term guy... it will raise with btc like silver with gold. whoever still really believes in that (even that the charts are clearly telling otherwise), has learned nothing in the last months. and please, stop with that gold/silver crap. physical gold/silver is about purchasing power in really bad times (which hopefully never happen). I don't think you would be able to buy bread with LTC (or any other crypto) in WW3 ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) what are months? nothing...
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superresistant
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July 02, 2014, 01:06:03 PM |
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Some people still hold Litecoin despite all the warnings over 6 months ?
I guess some people just want to lose money.
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lordoliver
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July 02, 2014, 01:07:51 PM |
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Some people still hold Litecoin despite all the warnings over 6 months ?
I guess some people just want to lose money.
if someone holds ltc for 6 months, he should'nt sell it now... he should have done 6 months ago and buy new ones now or better next week
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devphp
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July 02, 2014, 01:09:29 PM |
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In crypto land months are years, and in the past few months development efforts have accelerated, this snowball cannot be stopped, it's not enough already to be just a simple coin. Bitcoin can get away with that for a while, maybe a couple of years, but its end is not far away. Litecoin won't survive one year.
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superresistant
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July 02, 2014, 01:09:45 PM |
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Some people still hold Litecoin despite all the warnings over 6 months ? I guess some people just want to lose money.
if someone holds ltc for 6 months, he should'nt sell it now... he should have done 6 months ago and buy new ones now or better next week I sold my last Litecoin about 6 months ago like every sane person. You can still do it now and invest in new innovative cryptocurrencies.
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devphp
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 02, 2014, 01:11:06 PM |
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I sold my last Litecoin about 6 months ago like every sane person.
You did good. I was more stupid and only sold it in March, had a hope it would recover but finally saw the writing on the wall.
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lordoliver
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July 02, 2014, 01:12:27 PM |
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Some people still hold Litecoin despite all the warnings over 6 months ? I guess some people just want to lose money.
if someone holds ltc for 6 months, he should'nt sell it now... he should have done 6 months ago and buy new ones now or better next week I sold my last Litecoin about 6 months ago like every sane person. You can still do it now and invest in new innovative cryptocurrencies. Of course innovatives will probably go higher. But LTC will come back, you will see ;-)
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Bluestreet
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July 02, 2014, 01:13:37 PM |
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ASICS killing the scrypt market off which why a lot of coins switching to diff Algos or going complete POS. ASIC miners trying to frantically dump out as fast as possible to ROI.
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