Wow, I haven't really kept up with the BTC/LTC market in awhile, but checking the charts today pretty much shocked me. Last I remembered it was surging up towards the 12 dollar market and all signs were pointing to bullish. The 365 day chart does not look good...at all.
Is there some particular news that is triggering this massive downward slope? And are any of you guys getting in now, or do you feel we might see another return close to 4 dollars like we saw late last year? I'm soooo tempted...but man, I've already been burned so many times in this altcoin game.
365 days ago price was $2...today it is $5....lol...
just use that answer for me; to all the Quark trolls.
LTC may see $1 before the KNC guys have ROI and then the KNC customers.
after that - LTC competes in a real free market and we will see what happens then , because it will be unable to be effectively price manipulated.
in other words the "mining controllers" have lost control, they now have the option to plow their on capital into it to move "psychology" but that doesn't work in the real world.
more market = market price.
i'll be amused when all the IPO scams pass LTC on Cap and start squealing success, i'll enjoy watching that.