Quote:
Originally Posted by rowan
Probably a bit too late for 'easy' speculation since the price seems to be stabilising.
If you have a bot that can automatically trade or at least alert you to buy-low-sell-high opportunities, you can still make $.
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Reason why some people are not speculating is because buying those coins are not convenient + costs extra money, like +10% or whatever. There is no quick/convenient way to buy them without much extra cost. At least that what many people complain on another webmaster forum I frequent.
For example I want to buy 100 litecoins at current price, wait till it grows +10% and scalp quick profit. Its not possible to do so because of process being slow and because that +10% profit would be eaten by various fund uploading and withdrawing fees.