Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: 420 on November 18, 2013, 02:21:14 AM



Title: Litecoin to BTC price ratio almost near 1-year low
Post by: 420 on November 18, 2013, 02:21:14 AM
http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=ltc-btc&market=btc-e

What going on; are dev's working? any problems lately? lack of news?


Title: Re: Litecoin to BTC price ratio almost near 1-year low
Post by: bitdwarf on November 18, 2013, 02:26:30 AM
What devs.


Title: Re: Litecoin to BTC price ratio almost near 1-year low
Post by: glendall on November 18, 2013, 02:28:10 AM
This is because BTC price is so high.

LTC doesn't automatically follow BTC ,it is not pegged to BTC.  To a minor extent yes, but not fully.

If BTC went to 1000$ tomorrow the Litecoin ratio would plummet further. Not because LTC is bad, but because LTC's value is independent of BTC's value.

One more example, if LTC is $4 today and BTC doubled tomorrow, people would not be willing to pay $8 for a litecoin, it might only boost LTC price to 5 or 6 bucks, so the BTC/LTC ratio would lower.


Title: Re: Litecoin to BTC price ratio almost near 1-year low
Post by: cryptohunter on November 18, 2013, 02:34:37 AM
http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=ltc-btc&market=btc-e

What going on; are dev's working? any problems lately? lack of news?


Best to compare LTC to USD at this point.  BTC the latest super bubble will pop give it a bit longer.


Title: Re: Litecoin to BTC price ratio almost near 1-year low
Post by: 420 on November 18, 2013, 02:48:35 AM
http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=ltc-btc&market=btc-e

What going on; are dev's working? any problems lately? lack of news?


Best to compare LTC to USD at this point.  BTC the latest super bubble will pop give it a bit longer.

bitcoin has reached double its earlier year all time high. litecoin has not even reached parity with its earlier year all time high.


Title: Re: Litecoin to BTC price ratio almost near 1-year low
Post by: cassimares on November 18, 2013, 03:21:40 AM
Do you guys its good idea to convert all your BTC to litecoin now?


Title: Re: Litecoin to BTC price ratio almost near 1-year low
Post by: 420 on November 18, 2013, 04:32:19 AM
Do you guys its good idea to convert all your BTC to litecoin now?

50% dude. don't go all in anything. if u got no fiat, go get some


Title: Re: Litecoin to BTC price ratio almost near 1-year low
Post by: El Dude on November 18, 2013, 05:18:28 AM
people are forgetting litecoin was .07 cents months ago.


Title: Re: Litecoin to BTC price ratio almost near 1-year low
Post by: smoothie on November 18, 2013, 05:36:36 AM
BTC is up that is why. No surprise.


Title: Re: Litecoin to BTC price ratio almost near 1-year low
Post by: smoothie on November 18, 2013, 05:37:24 AM
people are forgetting litecoin was .07 cents months ago.

Bitcoin was 7 cents only years ago.  :P


Title: Re: Litecoin to BTC price ratio almost near 1-year low
Post by: laowai80 on November 18, 2013, 07:35:04 AM
Do you guys its good idea to convert all your BTC to litecoin now?

50% dude. don't go all in anything. if u got no fiat, go get some

what he said, diversify, don't bet on one option, even betting on two options is still risky, but all in on one is a financial suicide wish.


Title: Re: Litecoin to BTC price ratio almost near 1-year low
Post by: El Dude on November 18, 2013, 07:49:16 AM
http://www.cryptocoincharts.info/period-charts.php?period=alltime&resolution=day&pair=ltc-btc&market=btc-e

What going on; are dev's working? any problems lately? lack of news?

litecoin has a solid dev team , have you ever heard of fedora??


Title: Re: Litecoin to BTC price ratio almost near 1-year low
Post by: 420 on November 19, 2013, 09:03:07 AM
Well that was the price increase I and others were expecting :)