This entire thread is a huge buy signal to me. There truly is blood on the streets now.
Litecoin is exactly where bitcoin was 2 years ago. Its value for buyers is exceeding the cost to make coins. As diff goes up, the costs to make coins go up. Excellent value proposition. I have significant buy orders at 4 and I hope it drops to there. I've got a small position at 5 as I think it will certainly go down there. It looks like prices are currently stable but if Bitcoin takes a small tumble, Litecoin will fall to 5 or lower and I doubt it will stay there that long. In 6 months, Litecoin's prices will have recovered greatly and I'll have doubled or tripled (or more). Can't really do that with Bitcoin when BTC is at 550.
Either this situation, or dropped even lower. I think it's a good opportunity to buy, as the risk to lose is very low if you have only one
.. but I think first BTC will go up, then LTC will follow. It seemed like that in the past