Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: digitalindustry on July 01, 2013, 11:43:36 AM



Title: So i guess we can only assume that money is flowing out of BTC and into LTC?
Post by: digitalindustry on July 01, 2013, 11:43:36 AM
Discuss.

{ stands back } {puts on wet weather gear}


Title: Re: So i guess we can only assume that money is flowing out of BTC and into LTC?
Post by: Scott J on July 01, 2013, 11:58:22 AM
Without a doubt!

Have a look at this chart:

http://www.cryptocoincharts.info/period-charts.php?period=2-weeks&resolution=day&pair=ltc-btc&market=btc-e



Title: Re: So i guess we can only assume that money is flowing out of BTC and into LTC?
Post by: ictin on July 01, 2013, 12:11:23 PM
Well, BTC takes hours to confirm a transaction. I don't know how anybody can use BTC for an actual transactions. Nobody will want to wait 3 hours for a transactions.
And there is also this article: http://blog.p2pfoundation.net/how-the-bitcoin-1-manipulate-the-currency-deceive-its-user-community-and-make-its-future-uncertain/2013/06/30
In the end the future belong to a crypto currency, but i don't think this currency is BTC. It may be emunie, but we will see.