Bitcoin Forum
March 29, 2024, 03:37:58 PM *
News: Latest Bitcoin Core release: 26.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: LTC/BTC dynamics  (Read 758 times)
Joe200 (OP)
Sr. Member
****
Offline Offline

Activity: 317
Merit: 250



View Profile
November 25, 2013, 09:57:02 PM
 #1

What are the dynamics of LTC/BTC? Especially around peak time for BTC/USD? Earlier this year, LTC/BTC peaked right before BTC/USD. Why?

Mods: This is a post about speculating in both BTC and LTC. Please do not move. Smiley
TalkImg was created especially for hosting images on bitcointalk.org: try it next time you want to post an image
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
beaconpcguru
Full Member
***
Offline Offline

Activity: 189
Merit: 100

Hello


View Profile
November 25, 2013, 10:03:29 PM
 #2

People used the rising value of bitcoin to buy litecoin.  The difficulty changed significantly at the time and the rewards on mining had halved as well.  As the price rose, people diversified using their new found wealth.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!