Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

The big difference with LTC being that you know it will bounce back up.

Can I get one of those crystal balls too ? Seriously, what makes you know for a fact it will bounce back up ?

I only believe that LTC is grossly overvalued whereas it brings nothing more to the table. I mean seriously, hedging against SHA-256 just in case Bitcoin would need a few days to change of hash function which is very unlikely, not to mention that even silly people finally understand faster confirmations are not a big deal, and anyway 2 minutes and half is now a lot compared to many shitcoins.
Besides, i believe Nxt is still very undervalued. It is just what my analysis tell me, not crystal balls.

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 Undecided

which one is it?!

I am sorry if my words were misleading. My english is not so good. I believe Nxt is in an uptrend long term so like BTC you don't have to worry when it goes down because it will go way upper later. Whereas with LTC you do have to worry because in the end it will be way lower. LTC went constantly down for weeks now, and no i don't think it is oversold by now. I hope i made myself clear. Don't want to short LTC though because it is testing strong support. Holding BTC and Nxt makes much more money.