Author

Topic: How has litecoin gotten so overvalued? (Read 885 times)

hero member
Activity: 518
Merit: 500
November 27, 2013, 07:52:45 PM
#10
Don't over think it, just ride the wave and make your profit. Just like the stock market.
legendary
Activity: 980
Merit: 1000
November 27, 2013, 05:53:57 PM
#9
The Chinese are indiscriminately pumping money into altcoins.

They love to gamble.
hero member
Activity: 764
Merit: 500
November 27, 2013, 05:52:43 PM
#8
Stop trying to understand it and just enjoy it.
hero member
Activity: 675
Merit: 507
Freedom to choose
November 27, 2013, 05:52:17 PM
#7
shit.. Novacoin is overvalued. glad litecoin is finally no 2
sr. member
Activity: 364
Merit: 250
November 27, 2013, 05:48:54 PM
#6
Yes, it most certainly was undervalued at $2 and I regret selling. But my hungry ass wanted a MSI R9 280X LOL. Still, $10 would of been more reaslitic, maybe $14.

Just out of curiosity, were you able to get 750kh/s from that MSI? I've had Gigabyte, sapphire, and power cooler cards now at this point and only the sapphire cards can run 750kh/s stable.

I agree we are way over valued right now, but $10 was pretty nice. I wouldn't mind retracing for a while  Grin
full member
Activity: 153
Merit: 100
November 27, 2013, 05:45:38 PM
#5
Yes, it most certainly was undervalued at $2 and I regret selling. But my hungry ass wanted a MSI R9 280X LOL. Still, $10 would of been more reaslitic, maybe $14.
legendary
Activity: 1050
Merit: 1016
November 27, 2013, 05:43:49 PM
#4
No ones ever happy  Cheesy

"LTC IS UNDERVALUED!"

goes up

"LTC IS OVERVALUED!"


what about BTC?
full member
Activity: 153
Merit: 100
November 27, 2013, 05:42:56 PM
#3
The difficulty of mining and the price are not in a proper ratio, atleast by my opinion. Maybe im blindsided by the fact I sold 120 at $2, but still. $31 at this low of difficulty? I'm getting worried (even now, as I am again mining) its going to be the same bubble BTC was before dropping to $90
legendary
Activity: 1652
Merit: 1016
November 27, 2013, 05:41:06 PM
#2
What is it's correct value?
full member
Activity: 153
Merit: 100
November 27, 2013, 05:39:34 PM
#1
Well, how was litecoin gotten so overvalued? I didn't expect it to get to this price by atleast a few months now. Hell, I expected a year if nothing. Whats going on?
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