[2014-01-04] Litecoin Leads Bitcoin in Dramatic Price Move

[LiteCoinGuy]

Litecoin Leads Bitcoin in Dramatic Price Move

Yesterday proved rather interesting for the digital currency markets, particularly as related to alt coins. While prices were mostly up on the day across the board, one particular dynamic stood out as noteworthy: a massive leap in LTC / USD was followed shortly thereafter by a similar climb in XBT / USD.

http://thegenesisblock.com/litecoin-leads-bitcoin-dramatic-price-move/

[bryant.coleman]

That was just a temporary spike. I am watching the BTC-E exchange rates and BTC vs LTC has been stable at 0.0298-0.030 levels for the past 24 hours.

[HeliKopterBen]

Peercoin has led the most over the past couple of weeks.  Proof of stake may have some legitimacy.

[TraderTimm]

Correlation does not equal causation.

But good luck convincing alt-coin pumpers otherwise.

[Barek]

Correlation does not equal causation.

Every time I get up the sun comes up.

I make the sun rise!

[kjlimo]

Should probably keep articles like this in the speculation forum section...