Author Topic: Log chart  (Read 9830 times)

Offline manfred

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Log chart
« on: August 11, 2014, 07:45:53 PM »
No guarantee given for accuracy. For the first 262 days the average trading price is used as no closing price available.

The lowest closing price was on May 29 2012 at $0.0023.
The lowest recorded price January 23 2012   1:36:42   $ 0.001302   4.20697  Litecoins
Three days did not have any  $/ [ltc]  trades at all:  17.March 2012, 6.May 2012, 17.May 2012



Update October 30






Update 18 May
http://i.imgur.com/BQYMNhe.png
« Last Edit: May 18, 2015, 02:48:51 PM by manfred »

Offline manfred

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Re: Log chart
« Reply #1 on: August 11, 2014, 08:26:20 PM »
Another view of the same. This does not include todays action. Generally below 0.4 is good buy above 0.4 is considered selling territory.
« Last Edit: August 12, 2014, 04:41:28 PM by manfred »

Offline mmitech

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Re: Log chart
« Reply #2 on: August 11, 2014, 08:35:40 PM »
this is what I said today before the price crashed:

to be honest , I am not sure what to think, the price still doesn't seem right to me and the trend is just broken, I haven't been confused like this in a long time, I remember about this time a year ago I went all in and I can still remember the confidence I had about my decision... I just don't know why I don't have that anymore !!!

Offline bcmine

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Re: Log chart
« Reply #3 on: August 12, 2014, 04:35:35 AM »
in the chart are the last 14 days missing. so we are now in -0.3 area?
the pullback could go to IMO easely  until -1. Dont you analyse that too?

Offline manfred

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Re: Log chart
« Reply #4 on: August 12, 2014, 09:12:19 AM »
Slight adjustment, with a price of $5.5 today it get a value of -0.424
No guaranty whatsoever feel free to do your own, or completely disregard


The above chart should not be given to much weight as to many variable are unknown, pure speculation. Chart below is real data no speculation at all.
 

http://en.wikipedia.org/wiki/Logarithmic_scale
« Last Edit: September 02, 2014, 08:33:07 AM by manfred »

Offline manfred

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Re: Log chart
« Reply #5 on: August 12, 2014, 04:39:00 PM »
Here is some surprising stats, Litecoin still outpacing bitcoin

« Last Edit: August 25, 2014, 02:12:56 PM by manfred »

Offline mmitech

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Re: Log chart
« Reply #6 on: August 12, 2014, 04:56:25 PM »
and what do we learn from all of that ?

Offline Smoothie

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  • ► ► ► WWW.LEALANA.COM ► ► ►
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Re: Log chart
« Reply #7 on: August 12, 2014, 08:37:26 PM »
and what do we learn from all of that ?

For me: That prices go up and down and left to right.  :P

Offline Torque

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Re: Log chart
« Reply #8 on: August 12, 2014, 08:53:52 PM »
and what do we learn from all of that ?

For me: That prices go up and down and left to right.  :P

An exponential stairway to heaven.  ;D

Offline manfred

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Re: Log chart
« Reply #9 on: August 19, 2014, 08:56:32 PM »
We are going fast
« Last Edit: September 02, 2014, 08:33:57 AM by manfred »

Offline mmitech

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Re: Log chart
« Reply #10 on: August 19, 2014, 08:58:24 PM »
the Litecoin one look just scary.

Offline manfred

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Re: Log chart
« Reply #11 on: September 02, 2014, 08:39:52 AM »
Update 2 Sep 2014

Offline Bossman

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Re: Log chart
« Reply #12 on: September 02, 2014, 09:24:28 AM »
and what do we learn from all of that ?

That hodlers always win.

Offline harposox

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Re: Log chart
« Reply #13 on: October 29, 2014, 10:16:56 PM »
and what do we learn from all of that ?

If history holds (big "if"), we've learned:

- LTC's moonshot relies entirely on BTC bubbling
- LTC's moonshot is fast and glorious (lasts what, a couple weeks?), and then it spends the rest of its miserable existence in slow, depressing decline
- LTC/BTC ratio moves together in a clearly defined (and repeating) cycle between .01 (lift-off) and .05 (blow-off top)
- Value of this ratio should tell us (generally) where we stand in the overall bubble cycle

That said, we've been scraping the bottom of the ratio for an awfully long time compared to the previous cycles. In the past, .01 was essentially "lift-off." This time around, we seem to be in some sort of prolonged holding pattern... Here's some idle speculation, pulled completely out of my ass: Perhaps given how difficult it still is to get large amounts of fiat into cryptoland, a higher floor for coin prices this time around means it's taking whales that much longer to accumulate their positions?

Curious to hear if anyone else has any similar wild ass speculation here...
« Last Edit: October 29, 2014, 10:54:31 PM by harposox »

Offline extricati0n

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Re: Log chart
« Reply #14 on: October 29, 2014, 11:52:39 PM »
and what do we learn from all of that ?

If history holds (big "if"), we've learned:

- LTC's moonshot relies entirely on BTC bubbling
- LTC's moonshot is fast and glorious (lasts what, a couple weeks?), and then it spends the rest of its miserable existence in slow, depressing decline
- LTC/BTC ratio moves together in a clearly defined (and repeating) cycle between .01 (lift-off) and .05 (blow-off top)
- Value of this ratio should tell us (generally) where we stand in the overall bubble cycle

That said, we've been scraping the bottom of the ratio for an awfully long time compared to the previous cycles. In the past, .01 was essentially "lift-off." This time around, we seem to be in some sort of prolonged holding pattern... Here's some idle speculation, pulled completely out of my ass: Perhaps given how difficult it still is to get large amounts of fiat into cryptoland, a higher floor for coin prices this time around means it's taking whales that much longer to accumulate their positions?

Curious to hear if anyone else has any similar wild ass speculation here...


I would say that the influx of ASICs and profit-pool algorithms that mine and dump are the reason behind the holding pattern.

LTC did get a bit a boost marketing wise from GoCoin announcing altcoins now being accepted for payment. Holiday season around the corner, using LTC and DOGE for christmas gifts? The future is here.