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Topic: Warning to Litecoin investors - page 2. (Read 3587 times)

hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
July 06, 2013, 09:03:24 AM
#11
As long as there are no scrypt ASICs, there remains a purpose behind scrypt-based "coins", and among those, litecoin remains king. As the cliche' goes, it is the silver to bitcoin's gold.
full member
Activity: 140
Merit: 100
Hoist the Colours
July 06, 2013, 08:59:00 AM
#10

I expected LTC to fall with the low BTC price but its staying strong. Litecoin prices have been going up and down more frequently than BTC so it is more attractive to traders to make a profit.
legendary
Activity: 1638
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₪``Campaign Manager´´₪
July 06, 2013, 08:51:08 AM
#9
1. Buy LTC at current price
2. Wait till it is on Mt.Gox
3. Sell
4. Profit
5.  Wink

Except everybody might be thinking that...
sr. member
Activity: 354
Merit: 250
July 06, 2013, 08:45:08 AM
#8
1. Buy LTC at current price
2. Wait till it is on Mt.Gox
3. Sell
4. Profit
5.  Wink
vip
Activity: 840
Merit: 1000
July 06, 2013, 06:01:46 AM
#7
Litecoin has also been losing value, in terms of USD, only gaining to Btc as its been losing ground.

I bought my LTC at 2 cents each.

And they lost value?
sr. member
Activity: 298
Merit: 250
July 06, 2013, 05:48:56 AM
#6

Bitcoin at least has global media presence and some (albeit small) real market for transactions. Litecoin is just a fantasy right now and nothing more than pure speculation is driving the price, I've no opinion on the price but tread carefully folks!
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
July 06, 2013, 03:58:11 AM
#5
Litecoin price has kept up better than bitcoin, however, I think chances are high that it will drop a lot more than bitcoin once bitcoin is bottoming out, just like it skyrocketed much more than bitcoin when bitcoin was topping out. On top of that I think Litecoin has a higher chance to die and never come back as the arguments for it's existence can be debunked with strong counterarguments (in contrast to bitcoin).

I might be wrong and anyone that is able to help me see this I would be very grateful for as in such case Litecoin will present a much larger opportunity than bitcoin if the holders start to question it's survivability and sell it to depressed levels comparable to bitcoin in 2011.

edit: Maybe this thread should be moved to altcoins, not sure. I'll leave it to the moderator's discretion.

wtf are you saying dude?
sr. member
Activity: 329
Merit: 250
legendary
Activity: 1428
Merit: 1000
July 06, 2013, 02:48:24 AM
#3
Litecoin has also been losing value, in terms of USD, only gaining to Btc as its been losing ground.
sr. member
Activity: 329
Merit: 250
July 06, 2013, 01:29:29 AM
#2
I hear what you say re: bitcoin now low and litecoin now high, however I don't think litecoin is going to disappear any time soon

Here are some serious guys starting up in it : https://www.litecoinglobal.com/security/CIPHERMINE, More miners = more security.

Be sure to read through the "motions" page because they have decided to step it up. Also notable are plans for a dark web ex.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
July 06, 2013, 01:23:33 AM
#1
Litecoin price has kept up better than bitcoin, however, I think chances are high that it will drop a lot more than bitcoin once bitcoin is bottoming out, just like it skyrocketed much more than bitcoin when bitcoin was topping out. On top of that I think Litecoin has a higher chance to die and never come back as the arguments for it's existence can be debunked with strong counterarguments (in contrast to bitcoin).

I might be wrong and anyone that is able to help me see this I would be very grateful for as in such case Litecoin will present a much larger opportunity than bitcoin if the holders start to question it's survivability and sell it to depressed levels comparable to bitcoin in 2011.

edit: Maybe this thread should be moved to altcoins, not sure. I'll leave it to the moderator's discretion.
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