Post
Topic
Board Altcoin Discussion
Topic OP
WHY LTC COINS ARE SO HOT AND NINJA/ICO COINS ARE HAVING A HARD TIME?
by
placebo
on 12/06/2015, 21:23:34 UTC
One of the most important question that people should ask is why are coins like MEOW/FLAP/KARM/LOT/ZEIT all moving up nicely lately. Also why are coins like IFC/EAC/ZET are moving up lately.

I can see a few reasons why.

1. People are turning back to old coins

Why? Lately a lot of (so called FAIR) NINJA launches were launched that were heavily dumped on the (so called believiers) of the coin.
Lately a lot of ICO has failed to deliver any returns. ICO coins are directly dropping throw the sell wall placed by the exchanges. Look at BNB, 007, FCS, ...


2. There is a LTC halvering coming

People want to buy LTC type of coins as LTC will be rare, a block halvering is coming in less then 70 days

3. People know what to expect from old coins, a lot of those coins are trading on Cryptsy and a lot of people are not really crazy about cryptsy, but if those old coins weren't there then alt coin market would be gone.

So advice:

Buy old coins, and stay away from the ninja launch scam and ICO scams.