Lol everyone likes to say this coins dead and that coins dead. Meanwhile they dont really know what they talking about.
What is the point ? What is your motive to say things like this ? Obviously its not dead and far from.
dead from a miner sense....ltc to btc was as low as 0.00380 or some such ..now it is at 0.00407...its like no one sent LTC
the memo that the other alts got
maybe LTC in its 'hitched' to BTC price etc when BTC was sideways was acting like bonds...a 'safe haven' with BTC price iffy
and the speculation use it has.
But maybe with all the miners hitting pow scrypt (big miners mine daily and cash out for tax/accounting purposes) all just cashing
out ltc to btc on the rise...well hell ...maybe I should just be glad the ratio is kinda going sideways and not down more...
Anyway acting like a Savings bond ..in consumer purchasing ....like the currenty wall street rise to 20k...ie ...ignored sitting by
itself on the sidewalk.
(I'm using shapeshift.io LTC to BTC xfer rate for the 0.00407 ratio figure.....)
But generally confused on all crypto now (monero and dash pump...btc pump.....current transaction time moving btc to coinbase more then 2 hrs still unconfirmed...(yeah
did the usual standard fee so this should not have been an issue) ..ltc acting all bi-polar and weird.....
sheesh...fun times
But getting tired from the Mining point of view of LTC acting like a maiden aunt who lives in the attic...can't get rid of her..same with LTC or my scrypt machines...
stuck pondering an looking at navel.
LMFAO man that's a good one, Aunty who always knows best even though how wrong she might be at times
its just weird ..it is almost again like LTC is acting like some kinda safe haven if BTC tanks or goes sideways..My bet is that LTC will come back up to 0.005 or hopefully 0.006
ltc to btc ratio wise (ie 5 and 6 buck ltc) when/if BTC finds a floor in price...IF BTC evens out say at a floor of 1100 usd...and given a couple weeks...if LTC is acting like
that kinda hedge.then maybe not such a big deal
If I'm wrong it will really tank on sideways and I will have to re-think my schedule on moving LTC to BTC how much and when
Is that because nobody is pumping it?
yeah...imho ...more 'exciting coins' with more return for the speculative silver to btc gold set that LTC used to own..Also everyone and his brother is getting scrypt
pow miners and mining LTC to BTC directly...the big data halls cash out each day or move such to btc and cash out each day
imho it is all LTC can do just to tread water...ie ..price is sideways or slow to rise to btc due to lack of $$ with other alts and rest going to BTC pump (traditional ltc
to btc linkage on price shot now at 0.00407 or some such silly number)
so difficulty is spiking for pow scrypt and LTC....esp....I mean do the math a pow scrypt is way better then btc miners now for all including large data halls
dumping coin...high difficulty...the lack imho of PR for Litecoin to make it competitive with other alts...price is flat....
my fear is BTC goes sideways or correct down to say 900 or so...wtf....LTC will dump to 3.20 usd and probably 0.00200 or some such LTC to BTC
its looking pretty bad imho ...something needs to be done...a prefect storm of keeping price and ltc to btc ratio down