Post
Topic
Board Altcoin Discussion
Re: Haven't looked at Litecoin for a while noticed its at $4 ?
by
TaunSew
on 22/09/2014, 00:23:37 UTC
I wasn't buying Litecoin at $10, or $7, and I'm not buying it at $4. Trying to catch a falling knife is unlikely to be successful.

I wouldn't even pay $1 for it - it's a FORK of BTC with almost no merchant coverage and it arguably is abandoned when we consider Charlie Lee left full time development to pursue a salaried job at Coinbase.

Haven't bought any BitsharesX either - everyone knows that BitsharesX volume was almost entirely in China and by private funds / ponzi scheme investors.