LTC follows the BTC trend - page 5. | Bitcointalksearch.org

thedarksun

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Quote from: udayantha11 on July 23, 2018, 06:28:49 AM

Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?

last year we have seen it , Price of BTC increases similarly LTC price too increased

For me it is not only connected with bitcoin but with whole market, coins are just pumping when market is recovering but we see that bitcoin is doing some changes and we say that other coins follow it, for me it is more based on market moves than only about one coin (bitcoin).

terrific

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LTC is an altcoin and like what everyone's complain through the forum, it was also down when bitcoin first moved up to $8,000.
Now that everything has been stabilized, LTC is following the trend too like other altcoins.
But I haven't saw significant gains to LTC like other alt coins.

newinbtc

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Quote from: udayantha11 on July 23, 2018, 06:28:49 AM

Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?

last year we have seen it , Price of BTC increases similarly LTC price too increased

Bitcoin is king In market. It Has made Space In market. Basically price is determined by Demand and Social media Response towards Currency. Litecoin is very old currency many are old to this forum , Price was rised back in year 2017 December when all coins at peak stage. For this reason People invest in every crypto, when some exchanges closed like south koreya and other Countries banned Bitcoin trading and usage.. For this reason Every crypto price dropped.

If demand is less then ltc price will be less. Basically every coin is depend on Bitcoin as Many users Hold bitcoins and other currency also

If any stage come people sell coins and this situation called Pannic stage

btcscal

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LTC and BTC and all other cryptocurrency increase or decrease because of their demand and supply. If supply is huge then demand then it will be decreased and demand is huge then supply then it will be decreased.

frowsiter

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I guess that is merely a coincidence and this kind of stuff keeps happening in the crypto space all the time. The crypto currencies are like this only, many times we see same patterns being followed for different coins and relate to the bitcoin lot of time. I am not sure why you saw in the LTC and BTC correlation but I see lot fo difference between them. None of them are same, the patterns is merely output of the price ups and downs and nothing else. What you need to compare is there market caps, rankings, and popularity. Now LTC stands no chance in front of the BTC at all. So may be there is huge difference.

CriptoNata

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There were times when the lightcoin repeats the bitcoin schedule exactly to the points! This is a derivative of it, fork Roll Eyes

Psynthax

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Quote from: dzelenyanskiy on July 26, 2018, 04:54:35 AM

Quote from: udayantha11 on July 23, 2018, 06:28:49 AM

Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?

last year we have seen it , Price of BTC increases similarly LTC price too increased

Two days ago we could watch another picture when the bitcoin price was pumping up, and the price of altcoins, including LTC, was declining. Obviously, this is a very rare phenomenon, when investors purposefully withdraw money from altcoins and put them into bitcoin, but nevertheless, such facts happen and it is necessary to take them into account.

They are only expecting to get more profit by converting their litecoin to the bitcoin as fast as possible to join in the pump, but the price of altcoin remain stable right now. Litecoin follows bitcoin on the development but as far as i can see that the chart of litecoin still opposite to the bitcoin so far.

Orsen

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Last year it was so, but all the coins followed the bitcoin and now I have noticed that this coin shows a bit of poor results so I do not give it an advantage still looking for something else!

Bill205

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Whenever BTC rise other altcoins also rise after BTC gets stable. So it's not like LTC is following BTC trend or something like that.

Kryten12

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TREEBLOCK

It is not only Litecoin, pretty much all of the coins right now will still follow the trends with Bitcoin. It is not an exact mirror however so some days Bitcoin may rise and the alts not rise at all maybe due to people moving from alts to Bitcoin.

dzelenyanskiy

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Quote from: udayantha11 on July 23, 2018, 06:28:49 AM

Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?

last year we have seen it , Price of BTC increases similarly LTC price too increased

Two days ago we could watch another picture when the bitcoin price was pumping up, and the price of altcoins, including LTC, was declining. Obviously, this is a very rare phenomenon, when investors purposefully withdraw money from altcoins and put them into bitcoin, but nevertheless, such facts happen and it is necessary to take them into account.

Anniee123

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Yes, maybe the bull market has already come, because the BTC is the first to go up, and not so many mainstream coin will follow the BTC up.
I think most of the mainstream tokens are still at a very low price and can be bought. Grin

cryptovally01

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BTC has created a position in crypto market. Where everyone expects themselves to be safe and profitable. LTC follows Bitcoin because the market is in possession of Bitcoin. Btc prices may increase or decrease due to price changes that's normal.

udayantha11

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2023 would most likely be as bearish as 2022

Like BTC trends , i usually see always LTC follows the BTC trends , Do you agree ?

last year we have seen it , Price of BTC increases similarly LTC price too increased

Topic: LTC follows the BTC trend - page 5. (Read 546 times)