Topic: litecoin dead ? - page 19. (Read 49335 times)
I believe that this market can have more than 1 winner. Litecoin can be a good alternative.
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There is nothing wrong with Litecoin!
Relax, folks!
These people bashing litecoin are stealthily stacking up on it, while keeping the price low for themselves by making you stay away from purchases of litecoin. Just the way business works, nothing personal
Btw, there is enough bashers of bitcoin too for the same reasons. All bashing is mostly for economic reasons, human beings are selfish, it's in our nature.
So... would it be a good idea to invest in LTC right now?
If you have an investor mentality it should be obvious that yes.
It is not the only opportunity but one of the best in my opinion.
Impaler and I explained it earlier. The price of Bitcoin and Litecoin coexist.
When the price of BTC/USD increase, the price of LTC/USD increase too as you can see on BTC-e.
What we see right now is an unexpected very fast increase of BTC/USD thanks to the Chinese investors.
As a consequence, the BTC/USD increase faster than the LTC/USD and because of that, some trolls pretend that the Litecoin is going down (the worst trolls say it is going to zero
). The same trolls create fake account to say "Litecoin is dead". They are probably massive Litecoin investors, their goal is to lower the LTC/BTC price to buy more of it.The LTC/BTC difference is caused by the fact that Chinese investor cannot buy directly Litecoin on their biggest exchange : BTCChina, they can only buy Bitcoin.
This is what we call an opportunity : BTCChina is planing to accept Litecoin direct buying, it is only a matter of time.
So you can expect the LTC/BTC difference to go back, before the massive Chinese Bitcoin adoption.
The creator of Litecoin is nothing less than the brother of the CEO of BTCChina.
http://www.mediabistro.com/insidebitcoins/speakers.asp#bobbylee
http://cn.linkedin.com/in/bobbyclee
http://www.linkedin.com/in/chocobo
Aren't they cute ?
I was very surprised to find out about the brother thing in some other thread. First thing that popped in my mind was about btcchina accepting litecoin. But that does not mean it's some kind of miraculous salvation for ltc.
So... would it be a good idea to invest in LTC right now?
If you have an investor mentality it should be obvious that yes.
It is not the only opportunity but one of the best in my opinion.
Impaler and I explained it earlier. The price of Bitcoin and Litecoin coexist.
When the price of BTC/USD increase, the price of LTC/USD increase too as you can see on BTC-e.
What we see right now is an unexpected very fast increase of BTC/USD thanks to the Chinese investors.
As a consequence, the BTC/USD increase faster than the LTC/USD and because of that, some trolls pretend that the Litecoin is going down (the worst trolls say it is going to zero
). The same trolls create fake account to say "Litecoin is dead". They are probably massive Litecoin investors, their goal is to lower the LTC/BTC price to buy more of it.The LTC/BTC difference is caused by the fact that Chinese investor cannot buy directly Litecoin on their biggest exchange : BTCChina, they can only buy Bitcoin.
This is what we call an opportunity : BTCChina is planing to accept Litecoin direct buying, it is only a matter of time.
So you can expect the LTC/BTC difference to go back, before the massive Chinese Bitcoin adoption.
The creator of Litecoin is nothing less than the brother of the CEO of BTCChina.
http://www.mediabistro.com/insidebitcoins/speakers.asp#bobbylee
http://cn.linkedin.com/in/bobbyclee
http://www.linkedin.com/in/chocobo
Aren't they cute ?
yes, litecoin is dead.
lol, I like that, short and to the point. No explanations needed. Another dead POS.
Call the PaleHorseCoin, get this dead CryptoMutt off my CryptoHighway.
yes, litecoin is dead.
So... would it be a good idea to invest in LTC right now?
If you have a lot of money I guess it wouldn't hurt to cover your bases but look at the correlation between Bitcoin and Litecoin?
Look at guys like me who have called each selloff in Litecoin for the last few months with scary accuracy.
And then consider putting just $100 in ixCoin, the only positively correlated [to Bitcoin] crypto coin in the world.
So... would it be a good idea to invest in LTC right now?
It depends if you believe that LTC will have a break-though.
So... would it be a good idea to invest in LTC right now?
That conclusion makes no sense, we have seen BTC/LTC coexisting for a while now and their is no reason to think that can't continue indefinitely. The only pattern I see is that their is generally a monopolization of one Algorithm under one leading coin for the simple reason that the 51% attack is most likely to originate from a mining pool itself and for the target to be another coin with the same algorithm, eventually the bigger pool will crush all the smaller ones or force them into a subordinate merge-mining position which has always resulted in a trivial valuation for the subordinated chain.
LTC will continue to stagnate while BTC continues it's glorious ascension to $1000.
You LTC bagholders have been warned.
You LTC bagholders have been warned.
Stagnate would be nice.
But judging by history, as Bitcoin runs to $1,000, Litecoin will run towards zero. lol.
LTC will continue to stagnate while BTC continues it's glorious ascension to $1000.
You LTC bagholders have been warned.
You LTC bagholders have been warned.
You really think someone is manipulating ixCoin? Who and why? There's nearly zero interest in that coin. There's more to it than meets the eye.
How should I know who and why.Someone and for a reason. You never know what is happening in the background.
That's true and I think I saw it get manipulated on the way down 2 weeks ago when it dropped 70% in a single week after Bitcoin had stabilized at around $220.
It was like a delayed reaction which was odd. I think ixCoin is being manipulated too but it's hard to tell cause it doesn't seem like anyone has any interest in it.
You really think someone is manipulating ixCoin? Who and why? There's nearly zero interest in that coin. There's more to it than meets the eye.
How should I know who and why.Someone and for a reason. You never know what is happening in the background.
Oddly enough, ixCoin drops when Bitcoin drops and goes up when Bitcoin goes up. Few exceptions.
Manipulation, not natural flow of market. You really think someone is manipulating ixCoin? Who and why? There's nearly zero interest in that coin. There's more to it than meets the eye.
Oddly enough, ixCoin drops when Bitcoin drops and goes up when Bitcoin goes up. Few exceptions.
Manipulation, not natural flow of market. Alive and kicking!!!
when btc drops ltc will plummet with it.
At least I hope it will.
Sell Sell Sell
Oddly enough, ixCoin drops when Bitcoin drops and goes up when Bitcoin goes up. Few exceptions.
Depends on the time period you're looking at then. If you're going to play "but in the last X days" count me out. I'm pretty sure most of you here didn't buy at 0.01, but more like at 0.03 (given the amount of butthurt that happened when I mentioned that). This is much worse than just holding bitcoins.
Well I totally agree with that.
Buying above 0.02 will very likely result in a proper butthurt.
I bought at 0.0115 and some now at 0.01107
The rule is simple : buy low sell high. People don't understand it. You'll see, if Litecoin goes up, people will buy massively at high price.
Alive and kicking!!!
when btc drops ltc will plummet with it.
At least I hope it will.
Sell Sell Sell
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