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Bitcoin Forum > Other > Beginners & Help > !! LTC skyrocketing on BTC-E Right After MTGOX Announced LTC Will Go On !!
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Author Topic: !! LTC skyrocketing on BTC-E Right After MTGOX Announced LTC Will Go On !!  (Read 2241 times)
Majormax
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April 25, 2013, 07:33:48 AM
 #21
The silver/gold ratio is 50:1, and that implies an LTC price of $3 at BTC $150, so LTC is slightly overpriced on that metric !
Majormax
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April 25, 2013, 07:37:07 AM
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Plenty of time to buy LTC... It will trade in range 0.002-0.003 BTC until there are a lot more Apps/Adopters. Might take 3 months after Gox trading starts.
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