gizmoh
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July 30, 2014, 12:35:54 PM

i hope the coming final capitulation won't affect Litecoin

I'm seeing support around 45 CNY for LTC on Okcoin. If it remains higher than 41.25 we will establish a bottom.
As mining difficulty keeps rising steeply (higher cost to mine LTC) and with high level of shorting (i.e traders will need to buy back), buying LTC is currently a good bet actually.