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odinhf (OP)
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November 26, 2013, 01:41:51 PM |
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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 |
regenerationx.net come talk about politics, culture, science, and history!
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porcupine87
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November 26, 2013, 01:44:59 PM |
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All Altcoins rising latley really crazy. Look at the 7d charts for each coin: http://coinmarketcap.com/ |
"Morality, it could be argued, represents the way that people would like the world to work - whereas economics represents how it actually does work." Freakonomics
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Buffer Overflow
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November 26, 2013, 01:51:41 PM |
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Rising tide lifts all boats.
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odinhf (OP)
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November 26, 2013, 02:04:36 PM |
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Zetacoins are rising fast too. There is a great market available.
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seleme
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Duelbits.com
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November 26, 2013, 02:06:28 PM |
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Rising fast is too soft phrase for ltc recent growth.
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troy112
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November 26, 2013, 02:09:58 PM |
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Its just that they all are pegged to BTC but because its not cheap any more, thus the investments are going into other coins.
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PenAndPaper
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November 26, 2013, 02:12:33 PM |
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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. |
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troy112
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November 26, 2013, 02:17:09 PM |
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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..
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troy112
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November 26, 2013, 02:19:24 PM |
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Also because there market cap is small that is why any price change is displayed exponentially.
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PenAndPaper
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November 26, 2013, 02:41:56 PM |
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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. |
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troy112
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November 26, 2013, 03:05:31 PM |
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Problem is transaction fees... Its higher as you do less and less value transaction
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nicekettle
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November 26, 2013, 03:12:03 PM
Last edit: November 26, 2013, 03:26:21 PM by nicekettle |
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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. |
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PenAndPaper
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November 26, 2013, 03:24:48 PM |
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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 |
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nicekettle
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November 26, 2013, 03:28:36 PM |
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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-limitationSeems 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. |
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odinhf (OP)
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November 26, 2013, 05:03:37 PM |
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It is almost at $15 it is great.
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regenerationx.net come talk about politics, culture, science, and history!
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cosreidalpa1986
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November 26, 2013, 05:19:10 PM |
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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
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