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Author Topic: Why is the BTC/LTC price changing so much  (Read 3746 times)
eindbaas
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November 28, 2013, 02:59:15 PM
 #41

If you really are an investor you invest in alt coins aswell.
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November 28, 2013, 03:07:31 PM
 #42

Well LTC is $34 and BTC is $1050....Silver is $20 an oz and Gold $1200....So it basically is.

Chodpapa put the ratio at 1/(e^4) or 0.018, perhaps he was wrong, or perhaps a huge correction is imminent. https://bitcointalk.org/index.php?topic=259385.msg2789856#msg2789856. Litecoin has no shorting mechanism at all, and binfinex doesn't count. I wish i had gotten into LTC having forseen the psychological narrative of "buying the cheaper one", but I was too chicken.
(emphasis mine)

No pun intended, right? Grin

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November 28, 2013, 04:18:50 PM
 #43

- Colbee is the brother of the CEO of BTCCHINA which received a solid funding recently.

- https://www.okpay.com/en/company/news/okpay-now-supports-litecoin-currency.html

- CaVirtEx adds LTC: https://i.imgur.com/XfnANny.png

- http://finance.yahoo.com/news/litecoin-heres-everything-know-digital-193238685.html

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November 28, 2013, 04:24:47 PM
 #44

I think this article has a lot to do with the last 12-20 hours price spike:

http://www.businessinsider.com/introduction-to-litecoin-2013-11
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November 28, 2013, 04:27:45 PM
 #45

Some people buying based on a weird belief that litecoin is cheap and bitcoin is expensive... I wonder what will happen when litecoin becomes expensive as well  Shocked

Some of us will get rich.   Grin

Obviously but i 'm asking if there is a 3rd coin that people will move to after litecoin.

NMC, XPM, NVC, TRC, PPC, ...and 100 others.

Take your pick.

I 'm asking if there is an obvious pick like litecoin was. No alt coin seems to stand out at the moment.

If LTC was obvious, why don't you have more?

More than what? More than i can afford? Your question doesn't even make sense  Roll Eyes

So you went all in before the bubble?  Good job.  Why are you asking us about what to buy next?  It seems like you know what you are doing.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
PenAndPaper
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November 28, 2013, 04:27:53 PM
 #46

I think this article has a lot to do with the last 12-20 hours price spike:

http://www.businessinsider.com/introduction-to-litecoin-2013-11

Hype brings the rise in price and rise brings more hype. I think it takes a little push and litecoin will hit 100$.
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