Bitcoin Forum

Bitcoin => Press => Topic started by: LiteCoinGuy on January 04, 2014, 03:44:11 PM



Title: [2014-01-04] Litecoin Leads Bitcoin in Dramatic Price Move
Post by: LiteCoinGuy on January 04, 2014, 03:44:11 PM
Litecoin Leads Bitcoin in Dramatic Price Move

Yesterday proved rather interesting for the digital currency markets, particularly as related to alt coins. While prices were mostly up on the day across the board, one particular dynamic stood out as noteworthy: a massive leap in LTC / USD was followed shortly thereafter by a similar climb in XBT / USD.

http://thegenesisblock.com/litecoin-leads-bitcoin-dramatic-price-move/


Title: Re: [2014-01-04] Litecoin Leads Bitcoin in Dramatic Price Move
Post by: bryant.coleman on January 04, 2014, 03:56:38 PM
That was just a temporary spike. I am watching the BTC-E exchange rates and BTC vs LTC has been stable at 0.0298-0.030 levels for the past 24 hours.


Title: Re: [2014-01-04] Litecoin Leads Bitcoin in Dramatic Price Move
Post by: HeliKopterBen on January 04, 2014, 05:34:26 PM
Peercoin has led the most over the past couple of weeks.  Proof of stake may have some legitimacy.


Title: Re: [2014-01-04] Litecoin Leads Bitcoin in Dramatic Price Move
Post by: TraderTimm on January 04, 2014, 07:31:11 PM
Correlation does not equal causation.

But good luck convincing alt-coin pumpers otherwise.


Title: Re: [2014-01-04] Litecoin Leads Bitcoin in Dramatic Price Move
Post by: Barek on January 05, 2014, 02:32:34 AM
Correlation does not equal causation.

Every time I get up the sun comes up.

I make the sun rise!


Title: Re: [2014-01-04] Litecoin Leads Bitcoin in Dramatic Price Move
Post by: kjlimo on January 05, 2014, 05:10:11 AM
Should probably keep articles like this in the speculation forum section...