The end is coming.

[fonzie]

On every drop the same threads. Trolls.

UnDerDog81, plz stop trolling, thx.

[micky123]

I feel that there is a big whale, or group of whales somewhere pulling the price of BTC down. It really is not very difficult to do, have done my share of pumps and dumps on smaller exchanges with low value coins. If i can do it, so can anybody else.

I am expecting that BTC would go back up in the next 24-48 hours once the whale/s are done with their games and achieve their target price to buy BTC. Only time will tell, fingers crossed!

[hannscryo]

I hope that the value won't rally soon, I have to accumulate some before

[atleticofa]

If Ethereum is related with his crash, I'm begining to hate them.

[HeliKopterBen]

Of course this isn't the end, there have been many more serious crashes over the past few years.  The real question is what Bitcoin gets the regular Joe beyond a simple credit card, Google Wallet, Paypal, etc.  Bitcoin is definitely Libertarian geek orgasm territory, and that's great, but it will take much more than that to be anything but a curiosity.  Most people like the comfort of knowing that, within reason, if they are the victim of fraudulent credit card transactions or banking withdrawals, they will be fully reimbursed.  With Bitcoin, at this point, you'd better have damn good personal security protocols in place or else you'll be flat broke.  The primary thing Bitcoin has going for it is that its future is only limited by the creativity of developers (and unfortunately, the whims of regulators).  If developers can turn Bitcoin (or whatever crypto reins supreme) into something everyone must have, speculators will be handsomely rewarded.  Me, I'm skeptical.  If it's something the powers that be cannot control, the technology will be marginalized and made irrelevant.  In the meantime, it will remain a great way to pile up USD/gold/real estate/whatever as newbies enter the market.

Bitcoin is first and foremost an efficient and secure store of value and means to easily transfer that value.  Everything else you mentioned is just trivial bells and whistles at best.

Incorrect!  Bitcoin is a securely shared ledger.  That's it.  You place value on those ledger entries.

Yeah, I'd say it's very premature to call bitcoin a "secure store of value".... but certainly the protocol could be very valuable -- the question is, for the bitcoin network? Or for some other use? Time will tell.

The problem is once (if) it is safe to call bitcoin a secure store of value, then the easy money will have been made. 

[asdlolciterquit]

The Reptilians have decreed that only Bitcoin, Jackpotcoin, and Infinitecoin will survive the coming purge.

uhm...nobody have made reptilians coin yet?

[DustyRah]

Yeah......the ultimate fate of the shitcoins was always pretty obvious but the way Litecoin is going is surprising me. It just seemed somehow to be the natural order of things that Litecoin would be #2 to Bitcoin, but it seems that there is only Bitcoin. Litecoin is just another shit-coin with zero practical uptake.

Yeah, it sucks to still be the #2 cryptocurrency.   

And is everyone forgetting that Bitcoin fell to a $4B marketcap just 3 months ago, as compared to the $7.5B market cap that it has now?  That it has almost doubled in the 3 months since?

It's easy to cry the sky is falling in a downtrend.  So easy.

This is a good point in that market cap should be considered along with other TA.

[Ayers]

It's number two just because it's an "historical altcoin", one of the first and has a LOT of time at its advantage compared to other alts. But as you can see things are turning around.
 It's just overbought useless crap.

Completely, utterly false statement. MANY alt coins came way before LTC. You just haven't done the research as to WHY it was able to supplant the others, and still has the high marketcap that it has.  There are valid reasons.

But whatever man, I guess we'll see if LTC is still #2 this same time next year.  Let's check back and see.  My bet is yes it will still be #2.

the reason is mostly the litecoin logo, and the name, people tend to underestimate the name , but it's really important

[InwardContour]

Just as I expected. Lets compare coins with their respective aths.
Btc 560 - 1200 dollar
Ppc 0,7 - >10 dollar.    LOOOOL
NMC 1,3 - 16 dollar
Ltc 4 - 47 dollar

We need to realize that the dumpings will continue. BTV will survive but it seems altcoins are losing the battle.
Lol at PPC specifically. It will get to 0,0 soon.

Bitcoin isn't going so bad, only half (a little less) of its all time high and you should consider that probably it will rebound in few weeks.

[Newbie1022]

If Ethereum is related with his crash, I'm begining to hate them.

Yes. Are they the root cause? No. One of several causes. CFPB, Ethereum, Altcoin run due to ASICS dumping (the tail is wagging the dog, yes, but only slightly), Russia, ISIS, Lawsky, overleverage, etc. Most of those are minor issues, though. The CFPB dump and the selling (and anticipation to selling by Ethereum) along with leverage burn accounts for about 50% of this... the rest is a total mystery.

[kerafym]

If Ethereum is related with his crash, I'm begining to hate them.

Yes. Are they the root cause? No. One of several causes. CFPB, Ethereum, Altcoin run due to ASICS dumping (the tail is wagging the dog, yes, but only slightly), Russia, ISIS, Lawsky, overleverage, etc. Most of those are minor issues, though. The CFPB dump and the selling (and anticipation to selling by Ethereum) along with leverage burn accounts for about 50% of this... the rest is a total mystery.

It isn't just Ethereum, there are also Stellar and a bunch of other coins that developers raised via IPO need cashing out.

[forzendiablo]

LTC has to raise others.. may die

[trader001]

Alt coin may ended for real. People who hold them will remember this week for a long time.