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Topic: 3/3/13 LTC rally never forget - page 3. (Read 4048 times)

hero member
Activity: 1036
Merit: 500
March 04, 2013, 10:28:59 PM
#31
Almost $.13 each? WTF OMG BBQ!!!  Grin
420
hero member
Activity: 756
Merit: 500
March 04, 2013, 09:28:03 PM
#30
Its all questionable... at the end of the day it rose too quick and the orderbook is too thin below 0.1 to sustain this price. I believe its been artificially inflated to make it seem 'rallyish'... i think itll equalise back at .09 soon.

Also as for BTC I think that too is due an adjustment, its too high at the moment to sustain its price... no investor in their right mind would buy at an all time high

you're wrong about BTC:

https://twitter.com/KimDotcom/status/308617409311432706

I think Kim already bought in so that he could dump after he made that tweet.

and i bet Bill gates dumped all his Microsoft shares in 1999
full member
Activity: 238
Merit: 100
March 04, 2013, 09:23:09 PM
#29
Its all questionable... at the end of the day it rose too quick and the orderbook is too thin below 0.1 to sustain this price. I believe its been artificially inflated to make it seem 'rallyish'... i think itll equalise back at .09 soon.

Also as for BTC I think that too is due an adjustment, its too high at the moment to sustain its price... no investor in their right mind would buy at an all time high

you're wrong about BTC:

https://twitter.com/KimDotcom/status/308617409311432706

I think Kim already bought in so that he could dump after he made that tweet.
420
hero member
Activity: 756
Merit: 500
March 04, 2013, 09:09:52 PM
#28
Its all questionable... at the end of the day it rose too quick and the orderbook is too thin below 0.1 to sustain this price. I believe its been artificially inflated to make it seem 'rallyish'... i think itll equalise back at .09 soon.

Also as for BTC I think that too is due an adjustment, its too high at the moment to sustain its price... no investor in their right mind would buy at an all time high

you're wrong about BTC:

https://twitter.com/KimDotcom/status/308617409311432706
sr. member
Activity: 428
Merit: 250
March 04, 2013, 06:33:29 PM
#27
I think its due to people realising what a scam NVC is and buying back into LTC  Cheesy



+1 yes could be a reason too
full member
Activity: 238
Merit: 100
March 04, 2013, 06:28:21 PM
#26
I think its due to people realising what a scam NVC is and buying back into LTC  Cheesy

member
Activity: 84
Merit: 10
March 04, 2013, 02:23:19 PM
#25
LTC to BTC just keeps on rising, this could be a very good day Cheesy
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
March 04, 2013, 11:43:21 AM
#24
Its all questionable... at the end of the day it rose too quick and the orderbook is too thin below 0.1 to sustain this price. I believe its been artificially inflated to make it seem 'rallyish'... i think itll equalise back at .09 soon.

Also as for BTC I think that too is due an adjustment, its too high at the moment to sustain its price... no investor in their right mind would buy at an all time high

Did you sell out all of your BTC and LTC?

"i'm not going to sell my LTC for 2 years"...blah blah blah...

newbie
Activity: 42
Merit: 0
March 04, 2013, 08:46:32 AM
#23
Its all questionable... at the end of the day it rose too quick and the orderbook is too thin below 0.1 to sustain this price. I believe its been artificially inflated to make it seem 'rallyish'... i think itll equalise back at .09 soon.

Also as for BTC I think that too is due an adjustment, its too high at the moment to sustain its price... no investor in their right mind would buy at an all time high

That's sort of my point I think we could see an outflow of investment from Bitcoin to Litecoin simply because Bitcoin is historically high right now, it makes Litecoin more attractive, especially as digital currencies are really coming to wider attention right now.
legendary
Activity: 1096
Merit: 1067
March 04, 2013, 08:35:50 AM
#22
As a rough comparison 1oz of silver can be purchased for $28.70 : currently mined at 700-800 million oz per year.

legendary
Activity: 2097
Merit: 1070
March 04, 2013, 08:17:18 AM
#21
Also as for BTC I think that too is due an adjustment, its too high at the moment to sustain its price... no investor in their right mind would buy at an all time high

It's easy to think that yet about 600 BTC have sold for $35.00 each in the last hour or so. $35.00 is the all time high on MtGox and is the current ask price.
hero member
Activity: 560
Merit: 500
Minds are like parachutes they work best when open
March 04, 2013, 08:12:17 AM
#20
Its all questionable... at the end of the day it rose too quick and the orderbook is too thin below 0.1 to sustain this price. I believe its been artificially inflated to make it seem 'rallyish'... i think itll equalise back at .09 soon.

Also as for BTC I think that too is due an adjustment, its too high at the moment to sustain its price... no investor in their right mind would buy at an all time high
member
Activity: 84
Merit: 10
March 04, 2013, 07:14:25 AM
#19
Really wish I'd got into LTC a few weeks earlier.
hero member
Activity: 924
Merit: 1000
sr. member
Activity: 428
Merit: 250
March 04, 2013, 04:52:06 AM
#17
My LTC holded got a nice spike so tonight, like it worthing now potentially 11k usd more than yesterday, nice wake up here too Smiley
hero member
Activity: 826
Merit: 500
Crypto Somnium
March 04, 2013, 04:38:45 AM
#16
LTC Never Forget  Cheesy
sr. member
Activity: 267
Merit: 250
March 04, 2013, 04:31:54 AM
#15
Could it be that with Bitcoin finally coming more to the attention of the public and investing class that non-crypto investors are now looking for a way to 'get in on the ground floor' now that Bitcoin is so high and they are turning to Litecoin?  Not really referrinng to today's glitch/spike...

I was thinking this exact same thing. Crossing fingers for stability.
legendary
Activity: 2097
Merit: 1070
March 04, 2013, 03:47:42 AM
#14
Interesting, I purchased just over 10,000 LTC yesterday at various prices while it was pretty stable.

newbie
Activity: 42
Merit: 0
March 03, 2013, 10:42:40 PM
#13
Could it be that with Bitcoin finally coming more to the attention of the public and investing class that non-crypto investors are now looking for a way to 'get in on the ground floor' now that Bitcoin is so high and they are turning to Litecoin?  Not really referrinng to today's glitch/spike...
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
March 03, 2013, 10:28:54 PM
#12
Wow. That makes no sense. If I remember there were a few hundred k of ltc there and it's now under 100k. To be honest I am skeptical. Who had that much usd sitting on btce? Sorry to be paranoid- but considering nvc imaginary instant wunder value, it scares me to think that maybe the order book is just totally cooked?

After all, a lot of people spending big money have left in disgust over nvc,  and this certainly has brought back attention to ltc, maybe to lure traders back? Dunno....
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