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Author Topic: Litecoin is below 5 USD ,what should I do  (Read 4553 times)
Sebastien256
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August 17, 2014, 11:07:55 AM
 #61

It’s been a while since the dropping, people were talking in this forum ,about the price,  the asic and the future. I am a regular miner who have faith in crypto but can’t afford to lose everything I got just by my faith. There are so many topics about litecoin is dead or it’s not. What I really want to know are :
Litecoin is Now Below 5 USD ,what should I do?I got coins,not only LTC,Doge,even a small amount of Mona, should I sell them all or should I get more?
Asic factories are selling asic machines at a very low price now,is this a good opportunity to get some asics?

Please try not to spread FUD or giving hope for no reason.Thx.


I would buy cheap Nxt... At the moment they are very cheap.

Nxt official forum at: https://nxtforum.org/
ajareselde
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August 17, 2014, 11:14:01 AM
 #62

It’s been a while since the dropping, people were talking in this forum ,about the price,  the asic and the future. I am a regular miner who have faith in crypto but can’t afford to lose everything I got just by my faith. There are so many topics about litecoin is dead or it’s not. What I really want to know are :
Litecoin is Now Below 5 USD ,what should I do?I got coins,not only LTC,Doge,even a small amount of Mona, should I sell them all or should I get more?
Asic factories are selling asic machines at a very low price now,is this a good opportunity to get some asics?

Please try not to spread FUD or giving hope for no reason.Thx.


If u didnt sell so far, i would not sell now definetly.
The facts are that the hashrate and network infrastructure is raising, so the best thing is to ignore current price and wait for better times.
If you see a straight fall, you can try selling to rebuy lower, but it seams to bottomed out allready.
The worst thing u can do is to sell @ bottom
jaberwock
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August 17, 2014, 11:21:06 AM
 #63

August is a depressive month in the investment world, and it is being worse for cryptos.

So I would wait at least until november to make moves, unless there is a clear sign of total failure and drop to 0, since you are around for so long anyway.

kelsey
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August 17, 2014, 12:33:32 PM
 #64

Ask yourself, what does Litecoin do that Bitcoin cannot? Nothing. What utility does it have that Bitcoin cannot fulfill? None. Litecoin is a lost cause. They could have redeemed it, but they chose to do nothing. It will decline until something else takes the coveted #2 spot.

ltc doesn't have an anon dev a huge advantage when selling it to wallstreet.

redeemed what?
Cluster2k
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August 17, 2014, 12:48:34 PM
 #65

Convert what you have to bitcoins.  Seriously, bitcoin is the only crypto currency with any public recognition as a useful tool.  Dogecoin was a cute joke for a while that's being put back in the box, while litecoin was apparently silver while bitcoin is gold.  That statement never made any actual sense.

seandaniel
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August 17, 2014, 12:50:07 PM
 #66

just hold and time will come it will rise again Wink
MakeBelieve
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August 17, 2014, 12:50:40 PM
 #67

Convert every litecoin into Bitcoin as soon as possible because litecoin doesn't do anything that Bitcoin doesn't and its met its end.

On a mission to make Bitcointalk.org Marketplace a safer place to Buy/Sell/Trade
bagassnya
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August 17, 2014, 01:04:40 PM
 #68

i think you must sell it sir, before the litecoin will down under $3..
i hope litecoin wil rises again Smiley
Bitcoins101
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August 17, 2014, 01:05:32 PM
 #69

There's no end in site to the downtrend. Get out while you still can.

peeveepee
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August 17, 2014, 01:06:44 PM
 #70

If the current down trend do not stop, litecoin will hit $2 or less in a month or two using current projection.
kelsey
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August 17, 2014, 01:07:21 PM
 #71

fud trolls working hard tonite  Roll Eyes
digitalindustry
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August 17, 2014, 02:04:16 PM
 #72

Convert every litecoin into Bitcoin as soon as possible because litecoin doesn't do anything that Bitcoin doesn't and its met its end.

Honestly Litecoin had better fundamentals than Bitcoin.


It has ASICs coming but, basically more of the market has access to them, sure it will probably turn into a shit fight if diff catch up , but Bitcoin has real tangible structural issues related to mining centralization.

At least litecoin isn't there yet.

- Twitter @Kolin_Quark
ellen_me
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August 17, 2014, 02:13:00 PM
 #73

All coins seem having lower values these past days and some coins might still worth keeping. I just do not know how to tell exactly which coins will be up again.

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August 17, 2014, 02:18:02 PM
 #74

Honestly Litecoin had better fundamentals than Bitcoin.

LOL ROFL DELUSIONALINDUSTRY.

~CfA™~

digitalindustry
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August 17, 2014, 02:59:13 PM
 #75

"Litecoin is below 5 USD ,what should I do"


light your room on fire.

- Twitter @Kolin_Quark
digitalindustry
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August 17, 2014, 03:02:01 PM
 #76

Honestly Litecoin had better fundamentals than Bitcoin.

LOL ROFL DELUSIONALINDUSTRY.

~CfA™~

let me continue the "delusion"..
and Quark has better than Litecoin.

sure BTC has a "corporate media" meme - but ya know , i just don't know if that's going to matter too much.

we are all in here in the same boat - so i look at the technical fundamentals , i see mostly turds, there are decent crypto out there, i just think Quark is one of the best.

I can see the others also.

- Twitter @Kolin_Quark
thebfldoctor
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August 17, 2014, 04:03:15 PM
 #77

Keep everything else but sell LTC

I'm getting 5th/s out of my overclocked Block Erupter, it is spitting blue fire like a Lamborghini and the temperature in my room is 129 degrees help!
Nakashima (OP)
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August 19, 2014, 06:52:42 AM
 #78

Sold all of my LTC.

Still have a few ASIC running at great loss. WIll probably turn it off in a month or two.

Are you still running for ltc? I also got a few ASIC,but I stoped them last week
peeveepee
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August 19, 2014, 09:08:35 AM
 #79

If ltc ever drop to $1, I might consider buying a few hundred for laugh and giggle. And long term investment.
Nakashima (OP)
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August 21, 2014, 04:34:44 AM
 #80

it is over 6$ today Grin
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