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Topic: Litecoin is below 5 USD ,what should I do - page 4. (Read 4553 times)

legendary
Activity: 1218
Merit: 1000
August 15, 2014, 03:52:17 AM
#31
I would say it's time to start thinking about buying some LTC...


The difficulty has gone up at least 10X while the price has only gone down 10X. This will eventually lead to a supply squeeze and another bubble in price  Cool

Notice how the difficulty has been growing since January's ATH - https://bitcoinwisdom.com/litecoin/difficulty
full member
Activity: 182
Merit: 100
KryptKoin is one of the best!!!
August 15, 2014, 03:45:44 AM
#30
Can someone please explain me why Litecoin price dropped recently? (Sorry it's not your answer.)
newbie
Activity: 51
Merit: 0
August 15, 2014, 03:26:05 AM
#29
Where do you see the weaknesses of LTC in regard of other newer coins these days?

Would like to know your opinion about it.
full member
Activity: 169
Merit: 100
August 15, 2014, 02:26:13 AM
#28
Sold all of my LTC.

Still have a few ASIC running at great loss. WIll probably turn it off in a month or two.
sr. member
Activity: 432
Merit: 250
August 15, 2014, 02:22:24 AM
#27
Wait for the rise of BTC. LTC will rise then too like he did the last times.

I had the same faith as you did till yesterday Cry

If you dont trust in LTC then you could sell a few so you wont lose anything if it crashes.
sr. member
Activity: 672
Merit: 253
August 15, 2014, 02:21:30 AM
#26
Maybe it will, but I don't think it is very likely Litecoin will end up surviving. How long it has and its price trajectory beforehand, is another matter.
newbie
Activity: 15
Merit: 0
August 15, 2014, 01:57:48 AM
#25
Wait for the rise of BTC. LTC will rise then too like he did the last times.

I had the same faith as you did till yesterday Cry
sr. member
Activity: 432
Merit: 250
August 15, 2014, 01:49:01 AM
#24
Wait for the rise of BTC. LTC will rise then too like he did the last times.
newbie
Activity: 15
Merit: 0
August 15, 2014, 01:48:31 AM
#23
The price is already so low. Kind of pointless to sell.

I feel the same way,too low too sell and too risk too continue
but I can't stop thinking about the bright future I used to believe in
newbie
Activity: 26
Merit: 0
August 15, 2014, 01:42:48 AM
#22
Keep some litecoins and wait for 100$ per 1LTC Smiley .
sr. member
Activity: 462
Merit: 250
August 15, 2014, 01:42:24 AM
#21
I guess Bitpay will accept Litecoin very soon, so at this point I would keep them.

Where do you get this information?

I thought the litecoin creator is working for coinbase and yet there is no sign that they will process litecoin payment any time soon.

That are just fuds.. the same was last year with mtgox, and mtgox first got bankrupt than adopting litecoin, i think some exchanges dont see any advantage on litecoin over bitcoin to adopt it, only less time block rewards.
full member
Activity: 315
Merit: 103
August 15, 2014, 01:37:18 AM
#20
I guess Bitpay will accept Litecoin very soon, so at this point I would keep them.

Where do you get this information?

I thought the litecoin creator is working for coinbase and yet there is no sign that they will process litecoin payment any time soon.
sr. member
Activity: 462
Merit: 250
August 15, 2014, 01:30:06 AM
#19
Well we dont know if it will recover again like back in 2013 but a few things are different now, one of them is that litecoin has many more competitors than in last year.. and now it can be mined by asics so any coin out there with extra features is better.
newbie
Activity: 15
Merit: 0
August 15, 2014, 01:22:45 AM
#18
Maybe you should sell it.Noone can tell for sure but I suspect it may continue it's fall for quite some time.
I see most people here think like this as well.  Wink

 Sad
I guess you're right, It seems like more and more people are losing faith in alternate,making me even sad just thinking of it
legendary
Activity: 1274
Merit: 1000
August 15, 2014, 12:45:40 AM
#17
Maybe you should sell it.Noone can tell for sure but I suspect it may continue it's fall for quite some time.
I see most people here think like this as well.  Wink
newbie
Activity: 15
Merit: 0
August 15, 2014, 12:39:03 AM
#16
Panic sell


I couldn't agree more.

Give into the dark side and sell, sell, sell.....


~BCX~



so what will happen after the Panic sell ?
sr. member
Activity: 336
Merit: 260
August 14, 2014, 11:57:15 PM
#15
The price is already so low. Kind of pointless to sell.

If one thinks it will be going even lower, it makes perfect sense to sell.
sr. member
Activity: 266
Merit: 250
August 14, 2014, 11:56:16 PM
#14
The price is already so low. Kind of pointless to sell.

Lol so you're saying it's so low that the coin is now pointless?
full member
Activity: 174
Merit: 100
August 14, 2014, 11:55:36 PM
#13
The price is already so low. Kind of pointless to sell.
legendary
Activity: 1022
Merit: 1001
August 14, 2014, 11:53:07 PM
#12
Panic sell
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