[POLL] Litecoin Price

[smoothie]

Where will the BTC price of litecoin be in SIX months?

[1715454154]

1715454154

[1715454154]

1715454154

[1715454154]

1715454154

[1715454154]

1715454154

[payb.tc]

i can't decide between 0.01 and 0.01

[pekv2]

I picked .05.

[smoothie]

i can't decide between 0.01 and 0.01

LOL my bad hahahahaha

[the joint]

I think we're going to see a lot of .005-.01 for a while.  It may even fall lower after the difficulty compensates for the price increase and everyone tries to make a profit.  Running reaper greatly increases my temps and power consumption.  With LTC being as profitable as it currently is, I don't think we can expect it to be more profitable in the short term.

When ASICs reach consumers, I think it will be a different story.  All those old GPUs are going to need new homes, and Litecoin will need to be profitable for all those GPUs when the difficulty skyrockets to G/hashes.  I picked .05

[smoothie]

I think we're going to see a lot of .005-.01 for a while.  It may even fall lower after the difficulty compensates for the price increase and everyone tries to make a profit.  Running reaper greatly increases my temps and power consumption.  With LTC being as profitable as it currently is, I don't think we can expect it to be more profitable in the short term.

When ASICs reach consumers, I think it will be a different story.  All those old GPUs are going to need new homes, and Litecoin will need to be profitable for all those GPUs when the difficulty skyrockets to G/hashes.  I picked .05

I agree....short term profit....then norma prices....then when ASICS come online....another price/diff increase in the mix

[localhost]

That's some crazy increase anyway, I'm glad I kept my stash ^^