LOL
More like up 4x in 48 hours. When Bitcoin started retreating after the futures launch, I bought some Litecoin around $80. Sold around $120. Currently trading at $390 (was above $400 when I started this post)
Again, I restate, crypto currencies are real. They will become mainstream over time. The prices they are trading at DEFINITELY are NOT real. It's simply a worldwide trading frenzy that will end badly.
A lot like the dot com boom. Look how long it took Nasdaq to recover back to the boom highs Look how few survivors remained from that period.
My point, there will be survivors. But the rpice being paid for those survivors today bears no realation at all to what they will be in the future. May be 100x higher in the future. May be 99% lower.
(How can it be a currency with fluctuations like that?? the same way the ruble and the dinar are currencies)
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