Ok everybody calm down , El dude is here to put the trolls in their place.because asic are dumping like crazy
yes , because bitcoin asics "dumped like crazy" and the bitcoin price went down when asics came out , you fool. The opposite happened bitcoin went to $1200 when asics came out.
Litecoin price is about 1/40 of bitcoin and it has been historically at least 1/30 so yeah litecoin can be underpriced
And Feathercoin was generally 1/20th of what Litecoin was. Just sayinFeathercoin lol , that coin is so dead and once btc-e delisted it , it will die just like chinacoin.
Because the top 100 LTC addresses possess over 50% of all available coins in circulation.
go look at peercoin and dogecoin and pretty much every other coin. see here
http://bitinfocharts.com/litecoin/most of these top holders are cold storage for exchanges like btc-e.