If you read my early posts then you might know that I was recomending to sell. (
https://bitcointalk.org/index.php?topic=694833)
Still same now, great time to sell at 7.52 with target to 4-5 (ltc at btc-e) stop at 7.92.
Bitcoins is also great to sell right now. btc slowly moves to 220.
Two
main factors works here such as
unsafety of crypto system and
technical analysis.targetprice of ltc 4-5 is achieved. whats next target?
Great question. could be 2.00 , but that will be seen tommorow.
I see the value of ltc now in equilibrium to btc.
time to time i am making some calculations for myself, calculating the mining costs.
I calculate mining profit of ltc $0.007147 with electricity costs $0,0003-0,0006 and compare with btc data $0.000546; $0,0000375-0,00007 and see the ltc price is still a little overpriced and the bitcoin price underpriced.
with the coming up new generation of asics the price should go over time to the region of $2, when btc stays 500. ltc difficulty will triple, btc will double.