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Title: Litecoins rising fast. Post by: odinhf on November 26, 2013, 01:41:51 PM It seems that Litecoins are rising really fast, It looks like now is the time to invest, I hear there are some ASICs coming out for them so it is going to increase the difficulty. The current price is over $14 USD.
https://btc-e.com/exchange/ltc_usd Title: Re: Litecoins rising fast. Post by: porcupine87 on November 26, 2013, 01:44:59 PM All Altcoins rising latley really crazy. Look at the 7d charts for each coin: http://coinmarketcap.com/
Title: Re: Litecoins rising fast. Post by: Buffer Overflow on November 26, 2013, 01:51:41 PM Rising tide lifts all boats.
Title: Re: Litecoins rising fast. Post by: odinhf on November 26, 2013, 02:04:36 PM Zetacoins are rising fast too. There is a great market available.
Title: Re: Litecoins rising fast. Post by: seleme on November 26, 2013, 02:06:28 PM Rising fast is too soft phrase for ltc recent growth.
Title: Re: Litecoins rising fast. Post by: troy112 on November 26, 2013, 02:09:58 PM Its just that they all are pegged to BTC but because its not cheap any more, thus the investments are going into other coins.
Title: Re: Litecoins rising fast. Post by: PenAndPaper on November 26, 2013, 02:12:33 PM Its just that they all are pegged to BTC but because its not cheap any more, thus the investments are going into other coins. So you say that litecoin will reach bitcoin's price? There aren't any cheap or expensive coins. Title: Re: Litecoins rising fast. Post by: troy112 on November 26, 2013, 02:17:09 PM No you missunderstood me, pegged means if bitcoin rises they will also rise , and probably more percentage points thaan Btc. And by cheap i mean, out of reach of most people. LTC is around 13 while btc is around 800..
Title: Re: Litecoins rising fast. Post by: troy112 on November 26, 2013, 02:19:24 PM Also because there market cap is small that is why any price change is displayed exponentially.
Title: Re: Litecoins rising fast. Post by: PenAndPaper on November 26, 2013, 02:41:56 PM No you missunderstood me, pegged means if bitcoin rises they will also rise , and probably more percentage points thaan Btc. And by cheap i mean, out of reach of most people. LTC is around 13 while btc is around 800.. Yes i agree that's why i 'm saying that there are no expensive or cheap coins. You don't have to buy 1BTC. You may buy 0.017 btc instead of 1 ltc since they are pegged. Title: Re: Litecoins rising fast. Post by: troy112 on November 26, 2013, 03:05:31 PM Problem is transaction fees... Its higher as you do less and less value transaction
Title: Re: Litecoins rising fast. Post by: nicekettle on November 26, 2013, 03:12:03 PM Yes i agree that's why i 'm saying that there are no expensive or cheap coins. You don't have to buy 1BTC. You may buy 0.017 btc instead of 1 ltc since they are pegged. That's nonsense. You can't compare 0.017 BTC with 1 LTC. You should compare 1 BTC with 4 LTC, because there will 4 times more Litecoins mined than Bitcoins in total. Which means there will be around 16 times more 0.017 fractions of Bitcoins than "full" pieces of Litecoins. So yes, Litecoins are cheaper. And no, they aren't pegged, I don't even know where did you get this idea from. Title: Re: Litecoins rising fast. Post by: PenAndPaper on November 26, 2013, 03:24:48 PM Yes i agree that's why i 'm saying that there are no expensive or cheap coins. You don't have to buy 1BTC. You may buy 0.017 btc instead of 1 ltc since they are pegged. Don't forget that there will be around 16 times more 0.017 fractions of Bitcoins than "full" pieces of Litecoins. That's not an issue whatsoever. Check the bitcoin.org faq http://bitcoin.org/en/faq#wont-the-finite-amount-of-bitcoins-be-a-limitation Title: Re: Litecoins rising fast. Post by: nicekettle on November 26, 2013, 03:28:36 PM Yes i agree that's why i 'm saying that there are no expensive or cheap coins. You don't have to buy 1BTC. You may buy 0.017 btc instead of 1 ltc since they are pegged. Don't forget that there will be around 16 times more 0.017 fractions of Bitcoins than "full" pieces of Litecoins. That's not an issue whatsoever. Check the bitcoin.org faq http://bitcoin.org/en/faq#wont-the-finite-amount-of-bitcoins-be-a-limitation Seems like you misunderstood. I edited my post, maybe it will be more clear. It's like you said gold isn't more expensive than silver, because you can buy 1g of gold instead of 1 ounce of silver and it will cost the same. Title: Re: Litecoins rising fast. Post by: odinhf on November 26, 2013, 05:03:37 PM It is almost at $15 it is great.
Title: Re: Litecoins rising fast. Post by: cosreidalpa1986 on November 26, 2013, 05:19:10 PM I watched LTC rise in the last 24h, that's crazy!
I always knew they had potential, but who would have thought that the prices would be skyrocketing this much ? Guys if you havn't already, i think it's the best thing to do now is to invest! before its too late |