Topic: Will Litecoin ever see prices above 40 again - page 2. (Read 2253 times)

He's probably talking about stuff like this:
https://bitcointalksearch.org/topic/2013-11-21-alpha-technologies-announces-asic-miners-for-litecoin-are-coming-341939
Just rumors at this moment.

source please? It's the first time that I see such a statement

While I agree with the clone dying out , there are a few who might survive.
Namecoin has a purpose , the .bit domains.
Prime coin , although it may turn worthless in term of price , it can survice as a hobby for searching prime numbers.
The rest , trash can.
Look at quark how it lost 50% of the fans and they went to doge.
This will happen to the doge also when they switch to LLamacoin.

Nicely written, some people just lost common sence putting money to pure speculative coins. I guess it is some form of gambling

In almost every market, there are 2-4 big players and any number of lesser-knowns who know nothing about marketing. 

eventually, sure. i think the altcoins, and specifically litecoin, go through cycles that are based contextually on the btc/usd price action. litecoins will certainly rise in price again, but in the mid term, i think we may see some down movement. i say this because i am also expecting some down movement of btc against usd.

Too many coins spread the infrastructure too thin for all coins. Coins are heavily dependent on people keeping up the hash rate high and rising to support increased usage. When people pull out of litecoin because the next TardoCoin comes along it weakens that and causes some coins to start to fade out. It would help out of people did not release coins that really bring nothing new to the table but at this point I don't think there's any stopping it.

Doge coin is worth $900k usd now. It was created as a complete joke to actually mock Chinese pump and dump schemes and look what happened instead? People started buying it up and treating it like something real. That in itself, made it real. It just shows how desperate people that missed the train are to hope and prey they can get on an alt coin train instead.

In the end, I think Litecoin will die out. There can really only be one coin, only one can survive ultimately. Soon as this alt coin fad blows over it will just be Bitcoin left standing for the most part (unless someone really puts something captivating in to play). While Litecoin offers some interesting changes I don't think they are substantial enough to take over the space.

Litecoin ASIC's came out recently in China, imagine how easily they could 51% attack Litecoin with a few of those at this point if they wanted to just end it. Likely they're just milking it for profit but it just goes to show the potential instability.

That's my opinion.

Im waitng for MtGox listing LTC quite some time already  

yap. im just waiting til mtgox accepts it. its still a bit iffy. i swear its a pump n dump scheme. basically profiting off people who were late to the bitcoin game.

It will. Just wait till Gox and BTCChina accept it!

Yes.  There is a lot of attention from mainstream media sources, e.g. Wall Street Journal, on bitcoin.  Some of that will fall on litecoin as an obvious "second mover."  LTC's ecosystem is also growing rapidly with both peerbet and dicenow.  If a mainstream exchange like Mt. Gox or Coinbase starts to sell it, hold the phone!  BTC-e already has it of course, and is rapidly closing in on the largest exchanges.

Good Luck!

im not so sure about $100,

there hopefully will be a second wave when all the us bankers get involved. Should be some big volume movements. We should have another dip before then though. That will be the time to buy

Just wait, be patient. Litecoin is going to $100 in the coming months.

Surely it will go over 40.

I personally thing prices will double in a few months.

hi, don't worry, don't make an error and sell now, just hold and when it will go up again sell it or keep them
remember, in april some bought bitcoins at $250, it went over 1k few weeks ago..

It will definitely get over 40-50 at some point, so you want lose your money, but any higher is uncertain at this moment.

Dont sell now thats for sure. Def room for growth. Just needs to get through the holidays

Clear signs of a bubble 
Try spend your litecoins for something useable (I dont mean at exchange), good luck 

200+

Buying at ATH is always risky. Given how many altcoins exist (and popping up like crazy), It is risky to put money in any (even if biggest). I would mine only to have few for fun