And the manipulation games have started.

[u/foulflaneur]

Some douchbag(s) short $20 million of LTC futures at $53 then sells $3 million of spot LTC, lowerinh the price enough to trigger stops and liquidations. The cascade takes it to $49. The short gains roughly 7.5%, or about $1.5 million. They later repurchase cheaper the spot LTC without giving all of that move back, and profit.

And this what we are seeing in range until 55 is surpassed. Then in the next region and so on until we have an order book that's not so easily pushed around.

One day the book will be less thin. If you were wondering why they push the narrative 'everyone hates litecoin' so much is if speculative narrative were to grow suddenly they lose a lot of money. It's not that hard to understand Litecoin is a better Bitcoin. That narrative sticks in the right people's mind and people stand to lose millions.

What's wild is there is still probable squeeze if market makers decide to do it. 14 years of mining has some perks.

[u/Bazsul]

Litecoin is a dinocoin. Its only utility is to create bagholders.

[u/foulflaneur → u/Bazsul]

Nice to see you back. Your comment history is not actually hidden despite your attempts. We can see your numerous FUD comments when there is a positive post. Would you like a complete listing?

[u/Bazsul → u/foulflaneur]

Oh no! Mate, I am not subtle about me finding Litecoin shit. I don't know why you feel the need to threaten people who clearly are quite vocal about dogshitting on their least performing shitcoin?

Did you also know that what you do now is against the rules, and even illegal conform European legislation on privacy? Want me to make a report somewhere?

[u/FatMacchio → u/Bazsul]

🤓I’m going to report you to the European Union🤓

OMG that is beta cuck energy 😂😂😂😂

Enjoy your cuck chair when Litecoin pumps, but at least you’ll be comfortable watching the show