I just realized OP must be talking about June 2014.
Topic: Will Litecoin pass 10$ by the end of June? - page 2. (Read 4768 times)
Litecoin will pass 10$ when asics will crash the btc price amha
dont look like it
what about under 1$ ?
i bet against it
Will Litecoin pass 10$ by the end of June?
not this, not next, not ever! Forget it
maybe
Maybe. It Gox adds it it will ballon to $15 in a couple of days.
Will Litecoin pass 10$ by the end of June?
Why should it?
End of june no, Maybe end of the Year
We'll just have to wait and find out 
Only if BTC pass 500$ - exchange rates of all alt currencies are connected with BTC. BTC goes up - everything goes up
The price could be below $2. It will only pass $10 if mtgox add it.
No, but I'm curious to see where it ends up by the end of the year. I wonder if it will ever have the leaps and bounds Bitcoin had.
I hope they could reach $40 to $50 by year end.. 
doesnt look like it
Right now LTC stays around the same profitability BTC.
If it's more profitable then people jump on, increase difficulty. If it's less profitable people jump off, difficulty decreases profitability rises etc...s
So LTC follow BTC price trends - see their price charts.
If this keeps ups, at the current LTC/BTC rate of 0.02082, LTC will hit $10 when BTC hits $480
If it's more profitable then people jump on, increase difficulty. If it's less profitable people jump off, difficulty decreases profitability rises etc...s
So LTC follow BTC price trends - see their price charts.
If this keeps ups, at the current LTC/BTC rate of 0.02082, LTC will hit $10 when BTC hits $480
Seem is true - they keep balance between miners.
One thing to keep in mind now is that, for the first time, there is a fundamental difference in the organization of the mining between BTC and LTC.
BTC will continue to oligopolize, and be dominated, likely, by a few players like ASICminer which have the capacity and the cash flow to maintain their market share regardless of network hash rate, and thus induce increases beyond those caused by new hardware coming on line. This will likely drive all the GPU and FPGA based miners out of active mining. It will also mean that people that are now buying fixed hash power, regardless of the absolute amount, are going to be disenfranchised in relative terms in BTC.
For the reasons everyone knows - primarily those associated with the work algorithm difference - LTC will remain more decentralized.
I have my own ideas of what this is going to mean in relative and absolute values of the two, but so does everybody else have their ideas, so I'm not going to bore anyone with mine.
I also see bitcoin becoming an oligarchy. I find it interesting that such a seemingly small detail such as differences in the computational characteristics between the two hashing algorithms could have such a big impact on the organization of the litecoin and bitcoin mining networks. I have seen some threads recently proposing to change the bitcoin hashing algorithm because of the issues you raise, but if ASICs already control most of the network, I wonder if it may be too late. BTC will continue to oligopolize, and be dominated, likely, by a few players like ASICminer which have the capacity and the cash flow to maintain their market share regardless of network hash rate, and thus induce increases beyond those caused by new hardware coming on line. This will likely drive all the GPU and FPGA based miners out of active mining. It will also mean that people that are now buying fixed hash power, regardless of the absolute amount, are going to be disenfranchised in relative terms in BTC.
For the reasons everyone knows - primarily those associated with the work algorithm difference - LTC will remain more decentralized.
I have my own ideas of what this is going to mean in relative and absolute values of the two, but so does everybody else have their ideas, so I'm not going to bore anyone with mine.
nope, too early
now just near 2
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