Quote from: mothermole1 on September 29, 2014, 08:15:05 PM

Quote from: voodoo1967 on September 29, 2014, 07:56:33 PM

yeah lol I wouldn't be worried about the pre mine lol all the fud about it is funny compared to who has 15 million coins lol . Well someone has a great interest in ltcd wich is a great thing to see Grin

Remember guys, the person who holds all that ltcd has bought it at around 1000 sats. There is jot enough liquidity for him to sell even 1% of his stash without driving the current price lower than his buy price. He owns over $60,000 USD worth of this coin, and he is not going to take a loss. He will only cash out once he can well 160BTC worth of LTCD above 1000 sats. This requires the price to be a lot higher, 4-5k perhaps

Exactly. It's not worth it to sell in the 1000's range. Whoever has all that is waiting for ~5k in price or more.