There's deflation, and then there is DEFLATION! Five days ago Litecoins were selling for approximately $7/coin on BTC-e. As I am writing this, the price is over

There's deflation, and then there is DEFLATION! Five days ago Litecoins were selling for approximately $7/coin on BTC-e. As I am writing this, the price is over $36/coin. If you had bought $100 of Litecoins last Friday, that purchase may now be worth $514. There is almost nothing that you can spend Litecoins on -- with the exception of buying other cryptocurrencies. It reminds me of the height of the dot com bubble, except several times "worse."