Aktor
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October 05, 2014, 07:26:42 PM |
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If mintpal is dumping all alt coins and btc,I think there is no need to worry about ltcd price
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voodoo1967
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Litecoindark Reddit Moderator
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October 05, 2014, 07:50:09 PM |
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this is just panic selling lol people . See there are two types of people in crtypto ones that can afford to buy them and the ones that don't have a lot to buy. The ones that don't have a lot buy and see the price drop they panic and think I better cut my loss and get out . The ones whales ect have the btc to buy up the panic sell and make big profit. its that simple lol. people on a tight budget cant afford a loss so they panic while the whales say thank you for your coins. Don't get played
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voodoo1967
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Litecoindark Reddit Moderator
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October 05, 2014, 07:57:46 PM |
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plus buys are a lot higher then sells so price should not be going down supply and demand. price should be going up not down see panic thanks for the cheap coins the whales are laughing.
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AminerMiner
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October 05, 2014, 07:59:35 PM Last edit: October 05, 2014, 08:11:04 PM by AminerMiner |
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yes looks like a shakedown .. somehow people get scared of those "big" orders.. funny how every one avoids it. these are coins too!! --edit-these are pushing/playing the price BREAK THE WALL!!. BE FREE LTCD!!
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Ghost55
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October 05, 2014, 08:38:17 PM |
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plus buys are a lot higher then sells so price should not be going down supply and demand. price should be going up not down see panic thanks for the cheap coins the whales are laughing.
This is simply the whales hanging the kids upside down by their ankles and shaking them until all their coins fall out of their pockets!@! LOL
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voodoo1967
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Litecoindark Reddit Moderator
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October 05, 2014, 09:50:43 PM |
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looks like 1100 was the floor up we go
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Ghost55
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October 05, 2014, 09:54:03 PM |
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looks like 1100 was the floor up we go I love roller coasters!
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The_Captain
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October 05, 2014, 10:04:47 PM |
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looks like 1100 was the floor up we go I love roller coasters! Yep. I'd take the roller coaster movement over it being static any day of the week. Weeee!
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McKie
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Twitter: @Steven_McKie
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October 06, 2014, 12:11:38 AM |
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Devs please PM when you are free.
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BLK Donate: B7Pegtcz9wa9Uf5NsQLQ26HbQCBc8EmRGz
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aleckloss
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Official BitFoundry Dev
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October 06, 2014, 03:23:25 AM |
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Bitcoin has crashed due to Chinese exchanges creating fictional bitcoins. Thanks China. You rarely help anything these days.
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BitFoundry - The Future is Transparent BTC Donation Address: 17pfLHegqJ3EPkbitbkyw37hi4ATvvJRdD
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MilkyMoon
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October 06, 2014, 03:27:27 AM |
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Bitcoin has crashed due to Chinese exchanges creating fictional bitcoins. Thanks China. You rarely help anything these days.
I can't seem to find any sources that indicate anyone has made "fictional Bitcoins". Are you sure about what you claim? I could see China making some altcoin, and then naming it "Bitcoin" in order to create confusion, but there don't seem to be any facts regarding China, or anyone, doing anything to the actual Bitcoin infrastructure.
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BTC: 1FpFrSurKcaXJbabZFaM7atzVCa39Lp3qN "Oatmeal is like nature's oatmeal." - George Washington
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BitCoin Operated Boy
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October 06, 2014, 03:39:12 AM |
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Bitcoin has crashed due to Chinese exchanges creating fictional bitcoins. Thanks China. You rarely help anything these days.
I can't seem to find any sources that indicate anyone has made "fictional Bitcoins". Are you sure about what you claim? I could see China making some altcoin, and then naming it "Bitcoin" in order to create confusion, but there don't seem to be any facts regarding China, or anyone, doing anything to the actual Bitcoin infrastructure. There may be few reasons. 1. Chinese who invested in BTC sold their coins and invested in Alibaba instead. 2. Chinese BTC farms have become obsolete. Their mass produced miners have become inefficient, because they have been using obsolete chips which use too much electricity in comparison to their mediocre hashing capability. Their farms don't make ROI anymore. So Chinese started panicked mass selling of their BTC to make ROI and pay for the electricity. It caused the BTC price going down rapidly
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mothermole1
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October 06, 2014, 04:45:43 AM |
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Bitcoin has crashed due to Chinese exchanges creating fictional bitcoins. Thanks China. You rarely help anything these days.
I can't seem to find any sources that indicate anyone has made "fictional Bitcoins". Are you sure about what you claim? I could see China making some altcoin, and then naming it "Bitcoin" in order to create confusion, but there don't seem to be any facts regarding China, or anyone, doing anything to the actual Bitcoin infrastructure. There may be few reasons. 1. Chinese who invested in BTC sold their coins and invested in Alibaba instead. 2. Chinese BTC farms have become obsolete. Their mass produced miners have become inefficient, because they have been using obsolete chips which use too much electricity in comparison to their mediocre hashing capability. Their farms don't make ROI anymore. So Chinese started panicked mass selling of their BTC to make ROI and pay for the electricity. It caused the BTC price going down rapidly And allow people like me to buy whole Bitcoins at a complete steal.
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Xircom
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October 06, 2014, 05:42:13 AM |
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Devs please PM when you are free.
I'm the only one here today. Main Dev is offline for the half day and Troll is working like a maniac on the wallet.
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BTC: 1MyJmxS9ER5ZBNvpG3LhoUXGotpzbPowed
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Xircom
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October 06, 2014, 05:50:52 AM |
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Chinese would get to a point were ROI was not there anymore and its only good news for the crypto world as I see it. One of my main markets is china and they have for years been a pulling factor, but the last year the pulling has changed to EU. Electricity has sky rocket in china so the mining marked is more equal now. US is still the cheapest besides Sweden. LTCD is a strong coin already and with the releases we will put out shortly even more. R Xircom
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BTC: 1MyJmxS9ER5ZBNvpG3LhoUXGotpzbPowed
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bpool
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October 06, 2014, 05:51:22 AM |
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Devs please PM when you are free.
I'm the only one here today. Main Dev is offline for the half day and Troll is working like a maniac on the wallet. ;)Cheers Hope BTC price drop will not affect the progress of LTCD
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bpool
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October 06, 2014, 05:59:23 AM |
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Chinese would get to a point were ROI was not there anymore and its only good news for the crypto world as I see it. One of my main markets is china and they have for years been a pulling factor, but the last year the pulling has changed to EU. Electricity has sky rocket in china so the mining marked is more equal now. US is still the cheapest besides Sweden. LTCD is a strong coin already and with the releases we will put out shortly even more. R Xircom
Mining machinery manufacturers, cheap to deploy their giant mine, with the help of some trading platform launched the short lever products, sold their own also not digging into BTC or LTC, lead to price collapse. This problem is particularly prominent in Chinese
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Xircom
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October 06, 2014, 08:22:42 AM |
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Announcement:Wallet mandatory update: Dear community, first I will say sorry on the behalf of the dev team that we haven't been super online for the past week, but we needed to be offline for a while when debugging, coding and updating. We are now almost finished with the new mandatory wallet update. Schedule for release is Wednesday morning EU time. New webpage is under its way, see teaser below. The coin is very active and more and more new investors are on the coin. We are able to see that 60% of all traffic on the webpage are Newbies from all over the world.... The community is growing rapidly and the LTCD community has turned out to be very strong. LitecoinDark is in for the long run and things we would love to bring out now, have to wait for the right moment. - This Wednesday morning EU time the wallet will have a mandatory update. - New Website will be launched during next weekend (please tell what you miss on webpage today) - Wall Of Fame will have its own special place on the Website. - POS has switched place with TOR on the Roadmap. - Prepare you self for Video Contest. We need an awesome video to present the coin, remember to bring it down to earth. - Whitepaper for 2 GEN is under its way. Needs some adjustments and proof reading before release. Keep up the spirit and thank you all for this unbelievable community and support. Xircom
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BTC: 1MyJmxS9ER5ZBNvpG3LhoUXGotpzbPowed
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bpool
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October 06, 2014, 08:33:57 AM |
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bingo
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DonFreddy
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October 06, 2014, 10:23:54 AM |
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Good work.Up,up and away
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