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Author Topic: how will go the bitcoin price against litecoin ?  (Read 992 times)
myself
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April 02, 2013, 05:13:04 PM
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mtgox did promise to make a anouncement the next week about the new API links, so it can be bitcoin down litecoin up ?

btc-e price is 0.03 will the price rally if mtgox join the party ?

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
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adamstgBit
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April 02, 2013, 05:26:54 PM
 #2

mtgox did promise to make a anouncement the next week about the new API links, so it can be bitcoin down litecoin up ?

btc-e price is 0.03 will the price rally if mtgox join the party ?

for sure
LTC is rallying Vs the dollar too! always a good time to mine or buy LTC.
If mtgox adds LTC to their api, i would expect to see explosive Rallies for the litecoin
but LTC is still pure speculation,  i wouldn't be surprised to see some spikes down...

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April 02, 2013, 07:21:06 PM
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They announce this on April the 1st and everybody goes nuts.

And I thought it couldn't get any dumber. Anyway fuck me for being not greedy enough so be able to take advantage of this.

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April 02, 2013, 07:23:12 PM
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And I thought it couldn't get any dumber.

Lol, spend 5 mins in the btc-e chatbox and you'll be amazed.

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Zangelbert Bingledack
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April 02, 2013, 07:45:28 PM
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Don't we have to multiply the LTC price by 4 because of the 84 million coin limit? Then LTC reached $20 today?! Holy fuck there is no way LTC is worth what Bitcoin was worth in February! Huh
bovinium
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April 02, 2013, 08:40:38 PM
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Don't we have to multiply the LTC price by 4 because of the 84 million coin limit? Then LTC reached $20 today?! Holy fuck there is no way LTC is worth what Bitcoin was worth in February! Huh

No, divide it by four. If there are four times as many, then the same total valuation gives 1/4th of the price per unit.
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April 02, 2013, 08:56:20 PM
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Actually no, there are about twice as many LTC in existence than BTC, so a price of $5/LTC gives a market cap equivalent to what Bitcoin's market cap was at $10/BTC. So basically the market is saying the Litecoin system is worth what Bitcoin was worth last summer. Seems completely preposterous. And that Litecoin is worth a tenth what Bitcoin is. Equally insane. Oh well, LTC is easy to hedge out of by selling them for BTC.
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