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Author Topic: Bitcoin down Litecoin UP 2014  (Read 10129 times)
Skinnkavaj
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March 13, 2014, 10:52:34 PM
Last edit: March 13, 2014, 11:24:59 PM by Skinnkavaj
 #1

Bitcoin is going to continue with it's bear market. I predict LTC/BTC moving up fast the comings weeks. I base this on LTC getting added to two major bitcoin exchanges, first BTCChina already added and then we have Huobi.com officially declared that they would add Litecoin see www.huobi.com

The Bitcoin and Litecoin trading speculation is very important for both bitcoin and litecoin to fully serve its function as a store of value. Never have we had two commodities on internet before, and I really think the existence of Litecoin is important and that role of silver will play an important role to Bitcoin. So people really continue to see both Bitcoin and Litecoin as a store of value, even when a new better version of Bitcoin is created.


I expect to see LTC going to atleast 0.038 LTC/BTC before May.

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March 13, 2014, 11:25:50 PM
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I have heard that some whales are moving from bitcoin to litecoin because they are afraid that the stolen coins from Mt.Gox will be sold.
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March 13, 2014, 11:50:27 PM
 #3

Many say the same thing for the US government or 'hackers' selling large amounts of BTC,but still nothing I can see.

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March 14, 2014, 12:21:30 AM
 #4

I have heard that some whales are moving from bitcoin to litecoin because they are afraid that the stolen coins from Mt.Gox will be sold.
That's a good point.
Right now Litecoin is probably more farily distrubuted among the people than Bitcoin.
Now we have a lot of BTC stuck in few hands.

Litecoin on the other hand, have only btc-e holding a lot of coin.

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March 14, 2014, 04:54:29 AM
 #5

The good news for LTC is already priced into the market.
If ltc/btc falls 30 to 50%, then it would be a much more exciting time to buy; Right when most people are predicting it will go much lower.   Cheesy
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March 14, 2014, 05:32:24 AM
 #6

LTC will only go up significantly if BTC goes up a lot.

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March 14, 2014, 09:19:25 AM
 #7

Litecoin has generally moved with bitcoin, other than the addition to exchanges, without any new major infrastructure developments I don't see what will move LTC versus any of the other hundreds of alts, one of which may embody some real innovation.
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March 14, 2014, 09:25:41 AM
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Guy in btc-e trollbox said ltc/btc might go to 0.25. BUY BUY BUY!!!

Look inside yourself, and you will see that you are the bubble.
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March 14, 2014, 09:29:23 AM
 #9

Don't you mean BTC/LTC? As in 0.038 bitcoins per each litecoin?

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March 14, 2014, 09:43:26 AM
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Nope, meant exactly that.

Look inside yourself, and you will see that you are the bubble.
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March 14, 2014, 09:47:48 AM
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Guy in btc-e trollbox said ltc/btc might go to 0.25. BUY BUY BUY!!!

Lol, now that would make alot of people very happy Grin
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March 14, 2014, 09:50:09 AM
 #12

Nice topic... but...

GHash.IO - Pool fee is 0% ! Doubled rewards for LiteCoin mining ends in [6 days, 14 hours, 17 minutes, and 34 seconds] so time to sell.

Hodling since 2011.®
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March 14, 2014, 10:36:05 AM
 #13

Nope, meant exactly that.

So a 150-fold increase in LTC valuation against BTC is just around the corner? Groovy.

Seriously, though - can someone explain why the "standard" seems to be to refer to trading pairs as X/Y, and report the price as Y/X?


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March 14, 2014, 10:41:15 AM
 #14

I have heard that some whales are moving from bitcoin to litecoin because they are afraid that the stolen coins from Mt.Gox will be sold.
better then to have to some fiat as well, to buy the back nice and cheap.

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March 14, 2014, 10:58:17 AM
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I have heard that some whales are moving from bitcoin to litecoin because they are afraid that the stolen coins from Mt.Gox will be sold.

that is bullshit 100% i can guarantee
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March 14, 2014, 11:02:55 AM
 #16

"The price of any commodity tends to gravitate toward the production cost." -Satoshi 

with Asics coming out for Litecoin , I think LTC will be over $100 in 2014.

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March 14, 2014, 11:05:10 AM
 #17

"The price of any commodity tends to gravitate toward the production cost." -Satoshi 

with Asics coming out for Litecoin , I think LTC will be over $100 in 2014.

why would anyone spend more money to generate the same amount one is already getting??
El Dude
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March 14, 2014, 11:07:42 AM
 #18

"The price of any commodity tends to gravitate toward the production cost." -Satoshi 

with Asics coming out for Litecoin , I think LTC will be over $100 in 2014.

why would anyone spend more money to generate the same amount one is already getting??

power consumption

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BitOnyx
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March 14, 2014, 11:12:17 AM
 #19

Prices of BTC and LTC are related but it is most likely BTC would goes up while LTC go ip just barely or stand still. Also  BTC is not as affected by competition amongst other altcoin like LTC is.

El Dude
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March 14, 2014, 11:27:10 AM
 #20

Prices of BTC and LTC are related but it is most likely BTC would goes up while LTC go ip just barely or stand still. Also  BTC is not as affected by competition amongst other altcoin like LTC is.

what ? LTC slingshots when BTC rallies.

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