Author

Topic: What's wrong with LTC? (Read 760 times)

legendary
Activity: 1901
Merit: 1024
October 17, 2013, 04:17:15 PM
#7
Still by far best alt, bashing it down for a profit, all that dumped are looking to profit to rebuy more...
legendary
Activity: 1904
Merit: 1005
PGP ID: 78B7B84D
October 17, 2013, 02:45:35 PM
#6
ALT coins to fiat has slow fluctuations, so what are you are seeing are the bit coin changes.
full member
Activity: 239
Merit: 100
October 17, 2013, 02:26:52 PM
#5
LTC/USD rate has remained stable, LTC/BTC rate has gone down due to BTC rate rising.
legendary
Activity: 1210
Merit: 1024
October 17, 2013, 02:21:53 PM
#4
Does anyone know why LTC seems to be on such a downtrend lately?

It's only on a down tend if you've recently came into LTC. I still have every Litecoin I have ever mined and majority of the "few" I have are from when LTC was valued in pennies.
LTC could drop to $0.25 and I would still be way ahead.

It's also just not Litecoin, it's all alts that are dropping in price due to BTC rising.


~BCX~
legendary
Activity: 1050
Merit: 1000
October 17, 2013, 02:21:30 PM
#3
It was on a bubble due to Gox announcement. Now that screwing up seems to be a routine job for Gox LTC is correcting.

I was holding LTC like a frog in a pot of water being slowly heated. The gox maintenance and the associated pump shook me out of my slumber and I sold off.
hero member
Activity: 868
Merit: 1000
October 17, 2013, 01:54:50 PM
#2
It has no distinguishing features.
legendary
Activity: 1372
Merit: 1000
October 17, 2013, 01:53:38 PM
#1
Does anyone know why LTC seems to be on such a downtrend lately?
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