Litecoin trend reversal

[Endgame]

Will we see a litecoin trend reversal soon? Discuss.

[digitalindustry]

Sorry blanch its not a free market so the tech models are not going to apply, you may well be correct but you may as well also throw a dart.

[bitcoincal]

I've been looking at Litecoin more and more expecting a rally.

Litecoins best bet for remaining number 2 is the inefficiency/"scammability" of its would be competitors.

[nwtrades]

Keep a sharp eye on Bitcoin on the week of July 27 - Aug 2 and Litecoin shortly after.  If previous trends hold and continue, this is the time period to pay attention to.

[Glizlack]

Sad to say it but LItecoin is in a serious decline. Perhaps the litecoin foundation can do something/anything to help project some confidence. New roadmap perhaps. The titanic is slipping and the leadership from the top seem non existent to me at least. In all fairness with all the new scrypt asic's its easy to see why the price is dropping at least a bit.

Steve

[Swordsoffreedom]

This seems like a good topic to enter into
I think litecoin is also due for a reversal it's going through its transition to ASIC mining like Bitcoin did
Makes it interesting to say the least.

[fonzie]

I might buy some if they reach a fair price 1-2$, they might stabilize around 3$ after that.

[Malin Keshar]

That is not dead which can eternal lie,
And with strange aeons even death may die.



Litecoin will rise from ashes, recover its value and offer a ROI almost as good BTC in the end of 2013.

I can feel that.

For me the next bitcoin rally will cause litecoin recovering to $20+ level, but I have no idea when the next bitcoin rally will take place

[foodies123]

[...] you may as well also throw a dart.

this is a general crypto market as of now. +1

[DooMAD]

I remember thinking when it first dropped under .02 BTC that it had reached a six-month low and that would probably be the turning point where it would rally again.  Guess I called that one wrong.  The last ten days or so have been pretty dismal.  It's stabilised over the last few days, but difficult to tell if or when it's actually going to climb again.