who can remember the ridiculous run up from ~$2 per LTC to $45? which came out of the blue
after years of ltc stagnationwhat was the catalyst? a keiser tweet...
$9 - $48 in 3 days?? -- totallly manipulated coin. whales control the market
and can leave a trail of bagholders if they decide to turn the lights off on their way out
LOL we went from $5 to $1.10 to $48 in a 7 month period.
Years? lol you don't even have your facts straight.
I said the rise out of the blue happened AFTER years of stagnation. I held most mined coins from 2011 waiting for litecoin to wake up from the dead where it was just groaning.. even held past the $4+ range and watched the drop again, there was no healthy, gradual increase because Litecoin wasn't doing anything interesting, nor where there strong fundamentals accounting for a rise. the prior months the coin had only been kept alive by continuous promise about gox adding ltc to midas, ltc soon on coinbase! arise chikun memes and 'fontas' pumps on the trollbox, no better than dogecoin.
013-10-28 2.0210000 USD 2.1095700 USD 2.0310200 USD 2.0740000 USD 79,922.04 LTC
2013-10-29 2.0412000 USD 2.0963500 USD 2.0740000 USD 2.0762200 USD 43,789.08 LTC
2013-10-30 2.0436000 USD 2.2300000 USD 2.0660000 USD 2.1963100 USD 340,288.1 LTC
2013-10-31 2.1200000 USD 2.3300000 USD 2.1963100 USD 2.2805200 USD 216,848.0 LTC
2013-11-01 2.2500000 USD 2.3900000 USD 2.2805900 USD 2.3591000 USD 249,197.7 LTC
2013-11-02 2.3300000 USD 2.6355000 USD 2.3600000 USD 2.6017400 USD 327,756.2 LTC
2013-11-03 2.5390000 USD 3.2900000 USD 2.6017400 USD 2.8130000 USD 1,319,511 LTC
2013-11-04 2.6994100 USD 3.0600000 USD 2.8108400 USD 2.9900000 USD 525,757.4 LTC
2013-11-05 2.8550000 USD 2.9998000 USD 2.9900000 USD 2.9400000 USD 347,934.1 LTC
2013-11-06 2.9200000 USD 3.3697900 USD 2.9490000 USD 3.2490000 USD 715,166.9 LTC
2013-11-07 3.1970000 USD 4.3000000 USD 3.2452000 USD 4.1320000 USD 1,762,456 LTC
2013-11-08 4.0951000 USD 4.4600000 USD 4.1400000 USD 4.2810000 USD 671,674.5 LTC
2013-11-09 3.8000100 USD 4.3000000 USD 4.2829900 USD 4.1180000 USD 684,964.0 LTC
2013-11-10 2.9500000 USD 4.1400000 USD 4.1180000 USD 3.6300000 USD 1,346,007 LTC
2013-11-11 3.3950000 USD 3.8956700 USD 3.6488800 USD 3.7442600 USD 423,644.5 LTC
2013-11-12 3.7000000 USD 3.8500000 USD 3.7442600 USD 3.7870000 USD 235,248.3 LTC
2013-11-13 3.7700000 USD 4.0888000 USD 3.7981000 USD 3.9312000 USD 526,659.0 LTC
2013-11-14 3.9330000 USD 4.1980000 USD 3.9331000 USD 4.1091000 USD 385,927.1 LTC
2013-11-15 3.9332200 USD 4.2738600 USD 4.1092900 USD 4.0700000 USD 457,796.1 LTC
2013-11-16 4.0223000 USD 4.1925000 USD 4.0620000 USD 4.1218000 USD 122,774.2 LTC
2013-11-17 4.0900000 USD 4.1990000 USD 4.1281000 USD 4.1208000 USD 269,003.5 LTC
2013-11-18 4.0010000 USD 9.4700000 USD 4.1100100 USD 8.9800000 USD 3,277,092 LTC
2013-11-19 5.6600000 USD 9.999000 USD 8.9800000 USD 7.5000000 USD 1,853,434 LTC
2013-11-20 5.3000000 USD 7.8500000 USD 7.5742700 USD 7.3500000 USD 1,885,900 LTC
2013-11-21 7.0600000 USD 8.8000000 USD 7.3400000 USD 8.6700100 USD 1,061,995 LTC
2013-11-22 8.2000000 USD 9.4504000 USD 8.6700200 USD 9.1990000 USD 768,039.6 LTC
2013-11-23 8.9900000 USD 9.989900 USD 9.1900000 USD 9.642530 USD 725,814.1 LTC
2013-11-24 8.5000000 USD 9.800000 USD 9.600000 USD 9.3200000 USD 545,361.3 LTC
2013-11-25 9.2165900 USD 11.480000 USD 9.3000000 USD 11.470000 USD 811,680.8 LTC
2013-11-26 10.900000 USD 19.711000 USD 11.470000 USD 19.000000 USD 1,454,589 LTC
2013-11-27 17.000000 USD 36.700000 USD 18.900000 USD 35.500000 USD 1,791,439 LTC
2013-11-28 33.000000 USD 48.479900 USD 35.500000 USD 40.600000 USD 1,726,687 LTC
Thankfully for ltc bagholders the greedy mining 'ecosystem' is here-- now we're back to the goldrush mentality with naive holders expecting they we will see a microcosm of bitcoin - price rise due to difficulty of mining. they will line up to buy silver coin printing machine from a manafacturer who built it for $100 worth of silver coins, that has already mined $250 worth of silver coins with it and then sell it for $300 silver coins even though it will only dig back $200 worth of silver coins and call that a functioning economy. And who's buying? who's buying ltc over bitcoin and why? And what's the expectation of halving day? I've been shorting LTC in past months whilst holding investment in manufacturer producing ASIC, and it's just easy profit to be truthful with you. But feel free to hodl strong 24/7 like a boss all you want.