How high will litecoin go this month? $10 $20 $50 more? - page 2.

matauc12

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..

matauc12

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.

MaGNeT

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.

paultramarine

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?

Topic: How high will litecoin go this month? $10 $20 $50 more? - page 2. (Read 4137 times)