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    Author Topic: Alpha Technology Litecoin (Scrypt) ASIC Miner Order Batch 1 Now!  (Read 529126 times)
    Its About Sharing
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    February 09, 2014, 09:52:41 AM
     #741

    by the time these miners are shipped LTC will be $10.  No one will be mining it as it will be unprofitable for GPUs  so only ASICs will be mining it and they will all be dumping the coin to get their ROI back.  So I see LTC market collapsing.

    Actually, both BTC and LTC are still in large triangle formations, formed out of an up movement.  That says, in the next few months there will be a HUGE breakout to the upside.
    Now, the TA may be wrong but at least there is something to that, unlike your personal opinion backed by nothing. (And pessimistic too boot).
    Your guess may be right, but my money is on the TA side of things.

    Wait and see, but thanks for your care in this matter.  Grin

    Its about sharing

    BTC = Black Swan.
    BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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