Litecoin resists the Bitcoin dump?

Hi all,

I have been observing the latest Bitcoin dump. Many investors seem to be really afraid of the 1. August. From my perspective they are overreacting and Bitcoin will recover. However, what is really interesting for us Litecoiners is that Litecoin kind of withstands the big dump. Of course, we also lost some value, but much less compared to most other major coins, e.g. see ETH.

So, from my point of view this is a really good sign for the trust in Litecoin. What do you guys think about this?

Cheers, XuS

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This indicates to me that there is a lot of support/confidence in the future of Ltc.

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It hasn’t really been a bad thing so far. I believe things will continue to get better!