Pages:
Author

Topic: Why is the BTC/LTC price changing so much - page 3. (Read 3813 times)

full member
Activity: 330
Merit: 100
November 27, 2013, 05:51:22 PM
#6
Well, for one thing, hedging is always sound strategy. 

Bitcoin is still extremely undervalued.  Some people believe Litecoin to be slightly more undervalued than Bitcoin is - it's one of the very few viable alternatives/competitors/complements to BTC that features important technological distinctions.  So Litecoin is catching up a little.  Altcoins have a bad reputation because most of them are indeed pump-and-dump junk or naive tweaks without the balancing act brilliance that underpins BTC.  But one or two of them may just have a very exciting future of their own to look forward to.

seems logical enough thanks for the explanation


do you think btc will one day be the "gold" of digital currency and ltc as the "silver" 
KFR
hero member
Activity: 560
Merit: 500
Per ardua ad luna
November 27, 2013, 05:31:16 PM
#5
Well, for one thing, hedging is always sound strategy. 

Bitcoin is still extremely undervalued.  Some people believe Litecoin to be slightly more undervalued than Bitcoin is - it's one of the very few viable alternatives/competitors/complements to BTC that features important technological distinctions.  So Litecoin is catching up a little.  Altcoins have a bad reputation because most of them are indeed pump-and-dump junk or naive tweaks without the balancing act brilliance that underpins BTC.  But one or two of them may just have a very exciting future of their own to look forward to.
legendary
Activity: 1218
Merit: 1001
November 27, 2013, 05:27:22 PM
#4
Both have market values that reflect sentiment and right now there is a lot of hysteria so you'd expect the prices to be all over the place.
member
Activity: 112
Merit: 10
November 27, 2013, 05:16:51 PM
#3
I'm waiting for my 16 ltc to become valuable enough to buy 1 or 2 bitcoins. Right now they are 0.52
hero member
Activity: 1302
Merit: 502
November 27, 2013, 05:06:35 PM
#2
Hype.
full member
Activity: 330
Merit: 100
November 27, 2013, 05:03:30 PM
#1
anyone have any idea why btc is dropping so much in relation to LTC, its practically double in the last 24hrs...??

edit: as in is there a specific reason that you can think of, no just "well people want ltc more"
Pages:
Jump to: