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Topic: Bitcoin down Litecoin UP 2014 - page 6. (Read 10262 times)

full member
Activity: 224
Merit: 100
March 14, 2014, 07:00:14 AM
#22
I have heard that some whales are moving from bitcoin to litecoin because they are afraid that the stolen coins from Mt.Gox will be sold.

If they get sold ltc will take a very big hit too.
legendary
Activity: 2338
Merit: 1035
March 14, 2014, 06:56:52 AM
#21
"The price of any commodity tends to gravitate toward the production cost." -Satoshi 

with Asics coming out for Litecoin , I think LTC will be over $100 in 2014.

why would anyone spend more money to generate the same amount one is already getting??

power consumption

well if the power consumption gets lower, then the production cost also gets lower, no?
hero member
Activity: 770
Merit: 500
March 14, 2014, 06:27:10 AM
#20
Prices of BTC and LTC are related but it is most likely BTC would goes up while LTC go ip just barely or stand still. Also  BTC is not as affected by competition amongst other altcoin like LTC is.

what ? LTC slingshots when BTC rallies.
member
Activity: 112
Merit: 10
Cryptocurrencies Exchange
March 14, 2014, 06:12:17 AM
#19
Prices of BTC and LTC are related but it is most likely BTC would goes up while LTC go ip just barely or stand still. Also  BTC is not as affected by competition amongst other altcoin like LTC is.
hero member
Activity: 770
Merit: 500
March 14, 2014, 06:07:42 AM
#18
"The price of any commodity tends to gravitate toward the production cost." -Satoshi 

with Asics coming out for Litecoin , I think LTC will be over $100 in 2014.

why would anyone spend more money to generate the same amount one is already getting??

power consumption
legendary
Activity: 2338
Merit: 1035
March 14, 2014, 06:05:10 AM
#17
"The price of any commodity tends to gravitate toward the production cost." -Satoshi 

with Asics coming out for Litecoin , I think LTC will be over $100 in 2014.

why would anyone spend more money to generate the same amount one is already getting??
hero member
Activity: 770
Merit: 500
March 14, 2014, 06:02:55 AM
#16
"The price of any commodity tends to gravitate toward the production cost." -Satoshi 

with Asics coming out for Litecoin , I think LTC will be over $100 in 2014.
legendary
Activity: 2338
Merit: 1035
March 14, 2014, 05:58:17 AM
#15
I have heard that some whales are moving from bitcoin to litecoin because they are afraid that the stolen coins from Mt.Gox will be sold.

that is bullshit 100% i can guarantee
legendary
Activity: 924
Merit: 1001
March 14, 2014, 05:41:15 AM
#14
I have heard that some whales are moving from bitcoin to litecoin because they are afraid that the stolen coins from Mt.Gox will be sold.
better then to have to some fiat as well, to buy the back nice and cheap.
legendary
Activity: 1615
Merit: 1000
March 14, 2014, 05:36:05 AM
#13
Nope, meant exactly that.

So a 150-fold increase in LTC valuation against BTC is just around the corner? Groovy.

Seriously, though - can someone explain why the "standard" seems to be to refer to trading pairs as X/Y, and report the price as Y/X?

legendary
Activity: 1178
Merit: 1014
Hodling since 2011.®
March 14, 2014, 04:50:09 AM
#12
Nice topic... but...

GHash.IO - Pool fee is 0% ! Doubled rewards for LiteCoin mining ends in [6 days, 14 hours, 17 minutes, and 34 seconds] so time to sell.
hero member
Activity: 798
Merit: 1000
March 14, 2014, 04:47:48 AM
#11
Guy in btc-e trollbox said ltc/btc might go to 0.25. BUY BUY BUY!!!

Lol, now that would make alot of people very happy Grin
legendary
Activity: 2268
Merit: 1278
March 14, 2014, 04:43:26 AM
#10
Nope, meant exactly that.
legendary
Activity: 1615
Merit: 1000
March 14, 2014, 04:29:23 AM
#9
Don't you mean BTC/LTC? As in 0.038 bitcoins per each litecoin?
legendary
Activity: 2268
Merit: 1278
March 14, 2014, 04:25:41 AM
#8
Guy in btc-e trollbox said ltc/btc might go to 0.25. BUY BUY BUY!!!
legendary
Activity: 1022
Merit: 1000
March 14, 2014, 04:19:25 AM
#7
Litecoin has generally moved with bitcoin, other than the addition to exchanges, without any new major infrastructure developments I don't see what will move LTC versus any of the other hundreds of alts, one of which may embody some real innovation.
sr. member
Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
March 14, 2014, 12:32:24 AM
#6
LTC will only go up significantly if BTC goes up a lot.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
March 13, 2014, 11:54:29 PM
#5
The good news for LTC is already priced into the market.
If ltc/btc falls 30 to 50%, then it would be a much more exciting time to buy; Right when most people are predicting it will go much lower.   Cheesy
sr. member
Activity: 469
Merit: 250
English Motherfucker do you speak it ?
March 13, 2014, 07:21:30 PM
#4
I have heard that some whales are moving from bitcoin to litecoin because they are afraid that the stolen coins from Mt.Gox will be sold.
That's a good point.
Right now Litecoin is probably more farily distrubuted among the people than Bitcoin.
Now we have a lot of BTC stuck in few hands.

Litecoin on the other hand, have only btc-e holding a lot of coin.
hero member
Activity: 532
Merit: 500
March 13, 2014, 06:50:27 PM
#3
Many say the same thing for the US government or 'hackers' selling large amounts of BTC,but still nothing I can see.
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