Author

Topic: Litecoins rising fast. (Read 959 times)

newbie
Activity: 9
Merit: 0
November 26, 2013, 12:19:10 PM
#16
I watched LTC rise in the last 24h, that's crazy!
I always knew they had potential, but who would have thought that the prices would be skyrocketing this much ? Guys if you havn't already, i think it's the best thing to do now is to invest! before its too late
member
Activity: 66
Merit: 10
November 26, 2013, 12:03:37 PM
#15
It is almost at $15 it is great.
newbie
Activity: 6
Merit: 0
November 26, 2013, 10:28:36 AM
#14
Yes i agree that's why i 'm saying that there are no expensive or cheap coins. You don't have to buy 1BTC. You may buy 0.017 btc instead of 1 ltc since they are pegged.

Don't forget that there will be around 16 times more 0.017 fractions of Bitcoins than "full" pieces of Litecoins.

That's not an issue whatsoever. Check the bitcoin.org faq
http://bitcoin.org/en/faq#wont-the-finite-amount-of-bitcoins-be-a-limitation

Seems like you misunderstood. I edited my post, maybe it will be more clear.

It's like you said gold isn't more expensive than silver, because you can buy 1g of gold instead of 1 ounce of silver and it will cost the same.
sr. member
Activity: 252
Merit: 250
November 26, 2013, 10:24:48 AM
#13
Yes i agree that's why i 'm saying that there are no expensive or cheap coins. You don't have to buy 1BTC. You may buy 0.017 btc instead of 1 ltc since they are pegged.

Don't forget that there will be around 16 times more 0.017 fractions of Bitcoins than "full" pieces of Litecoins.

That's not an issue whatsoever. Check the bitcoin.org faq
http://bitcoin.org/en/faq#wont-the-finite-amount-of-bitcoins-be-a-limitation
newbie
Activity: 6
Merit: 0
November 26, 2013, 10:12:03 AM
#12
Yes i agree that's why i 'm saying that there are no expensive or cheap coins. You don't have to buy 1BTC. You may buy 0.017 btc instead of 1 ltc since they are pegged.

That's nonsense. You can't compare 0.017 BTC with 1 LTC. You should compare 1 BTC with 4 LTC, because there will 4 times more Litecoins mined than Bitcoins in total. Which means there will be around 16 times more 0.017 fractions of Bitcoins than "full" pieces of Litecoins. So yes, Litecoins are cheaper. And no, they aren't pegged, I don't even know where did you get this idea from.
sr. member
Activity: 448
Merit: 250
November 26, 2013, 10:05:31 AM
#11
Problem is transaction fees... Its higher as you do less and less value transaction
sr. member
Activity: 252
Merit: 250
November 26, 2013, 09:41:56 AM
#10
No you missunderstood me, pegged means if bitcoin rises they will also rise , and probably more percentage points thaan Btc. And by cheap i mean, out of reach of most people. LTC is around 13 while btc is around 800..

Yes i agree that's why i 'm saying that there are no expensive or cheap coins. You don't have to buy 1BTC. You may buy 0.017 btc instead of 1 ltc since they are pegged.
sr. member
Activity: 448
Merit: 250
November 26, 2013, 09:19:24 AM
#9
Also because there market cap is small that is why any price change is displayed exponentially.
sr. member
Activity: 448
Merit: 250
November 26, 2013, 09:17:09 AM
#8
No you missunderstood me, pegged means if bitcoin rises they will also rise , and probably more percentage points thaan Btc. And by cheap i mean, out of reach of most people. LTC is around 13 while btc is around 800..
sr. member
Activity: 252
Merit: 250
November 26, 2013, 09:12:33 AM
#7
Its just that they all are pegged to BTC but because its not cheap any more, thus the investments are going into other coins.

So you say that litecoin will reach bitcoin's price? There aren't any cheap or expensive coins.
sr. member
Activity: 448
Merit: 250
November 26, 2013, 09:09:58 AM
#6
Its just that they all are pegged to BTC but because its not cheap any more, thus the investments are going into other coins.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
November 26, 2013, 09:06:28 AM
#5
Rising fast is too soft phrase for ltc recent growth.
member
Activity: 66
Merit: 10
November 26, 2013, 09:04:36 AM
#4
Zetacoins are rising fast too. There is a great market available.
legendary
Activity: 1652
Merit: 1016
November 26, 2013, 08:51:41 AM
#3
Rising tide lifts all boats.
hero member
Activity: 546
Merit: 500
hm
November 26, 2013, 08:44:59 AM
#2
All Altcoins rising latley really crazy. Look at the 7d charts for each coin: http://coinmarketcap.com/
member
Activity: 66
Merit: 10
November 26, 2013, 08:41:51 AM
#1
It seems that Litecoins are rising really fast, It looks like now is the time to invest, I hear there are some ASICs coming out for them so it is going to increase the difficulty. The current price is over $14 USD.
https://btc-e.com/exchange/ltc_usd
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