Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
eh, that just made no sense at all. You started off by saying you know LTC will bounce back and then in the next answer said it was grossly over valued and provides no additional value 
which one is it?!
which one is it?!Why such difficulty with the concept of time? It is a partial order of states, each related to the previous, in which the local states of successors deviate from the local states of predecessors in degrees bounded by the uncertainty of the fine-structure.
LTC is oversold, thus it will go up on a short time frame. LTC adds no fundamental value, thus it will go down on a long time frame.
No problem with the concept of time, thanks.
In the context of what he said and the question I asked him his answer clearly didn't satisfy the question.
I asked him what makes him so sure it will bounce back up. His answer was then to explain its grossly over valued and brings nothing more to the table. No offer of an answer to the question of why is it guaranteed to bounce back. No time frames were mentioned at all. If you want to be pedantic you could say most coins bounce back but from where, to where and when are clearly the imperative factors.