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Topic: How high will litecoin go this month? $10 $20 $50 more? - page 2. (Read 4153 times)

hero member
Activity: 658
Merit: 500
Quote
All this irrational exuberance requires a reality check. It is just as likely that LTC will crash. Litecoin is more a solution-looking-for-a-problem than Bitcoin was at this point.

Litecoin trading on Mt. Gox will probably raise its awareness, but any guess at what will happen to the price is pure speculation.
I am pretty sure its written all over the OP "speculation thread". Not really getting your point here..
hero member
Activity: 658
Merit: 500
What most people fail to realize no matter the counter arguments is that even if something is likely a bubble it is a very very strong bubble. It hovered long enough (yes a couple days is long in a community that monitors every second) around 4$ that people are now very confident that it will follow bitcoins footsteps, so any dip is strongly seen as just a buy in opportunity.

Easily 10$ this week.
legendary
Activity: 1526
Merit: 1002
Waves | 3PHMaGNeTJfqFfD4xuctgKdoxLX188QM8na
15-20$ in the week MtGox launches a LTC exchange.

Selling now is just plain stupid.

Difficulty is going sky-high too, so even 2000kHashs/s won't give you more than 2-4 LTC per 24 hours soon.
newbie
Activity: 37
Merit: 0
How high do you think litecoin will go this month (April 2013) and why?

Seems safe to assume that Mt. Gox will start trading in LTC by the end of month, so will LTC attain the 1/4 of BTC that some say it deserves simply due to having 4x the total coinage as BTC?  Or more or less?
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