Schumacher
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March 29, 2014, 05:38:15 AM |
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1/4 the worth of BTC, highly unlikely unfortunately methinks It will be 1:1 to the BTC coz of 4x block finding speed. Is LTC having the same merchant acceptance as BTC? Is LTC as popular as BTC to general public? Really? I don't dare to believe this information. So do I. I can't believe in this cause there is no power in any other coin accept Bitcoin as it's their progenitor
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lyth0s
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Activity: 1260
Merit: 1000
World Class Cryptonaire
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March 29, 2014, 05:54:16 AM |
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If bitcoin becomes very mainstream and can be used is almost all everyday purchases....then people will probably me more inclined to also accept litecoin purchases due to the faster block times. This may lead to an increased ratio of litecoin:bitcoin price. I believe the final ratio will come down to how much each currency is used in everyday transactions.
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Sindelar1938
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March 29, 2014, 08:36:07 AM |
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0.1btc tops,the adoption gap will never be entirely bridged
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Flashman
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March 29, 2014, 12:44:07 PM |
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If bitcoin becomes very mainstream and can be used is almost all everyday purchases....then people will probably me more inclined to also accept litecoin purchases due to the faster block times. This may lead to an increased ratio of litecoin:bitcoin price. I believe the final ratio will come down to how much each currency is used in everyday transactions.
Yes, I think litecoin has a use case for things like streamed movies and maybe online pizza ordering, you don't want to wait an hour for your movie or your pizza.
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TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
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gooby
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Activity: 73
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March 29, 2014, 12:50:19 PM |
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I hope it will grow more than 0.25BTC
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FalconFly
Sr. Member
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Merit: 250
Sentinel
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March 29, 2014, 01:14:07 PM |
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The downside potential should not be ignored :
If Bitcoin dies or goes into statis (even if temporary), most of the other CryptoCoins will either die with it or more-or-less share its fate. Under these extreme conditions, LTC could actually reach 0.25BTC, i.e. if BTC dropped very low and remained around 10$ for an extended period of time for example.
So far, BTC sets the pacing and the rest follows with little to no delay. I see no other coin somehow breaking that chainlink right now, there are way way too many useless clones anyway.
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This forum signature is like its owner - it can't be bought
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Equate
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March 29, 2014, 01:26:08 PM |
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I hope it will grow more than 0.25BTC yeah may be in coming years.But the chances are slim.
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Flashman
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March 29, 2014, 01:26:44 PM |
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Agreed, the ratios nearing and better than 0.25 would mean BTC has issues. For instance, I bet discovery of an "ugly" vulnerability in SHA would plunge BTC value and LTC would rise against it. (Even if it was inconsequential and only shortened time to brute force by a quarter or something)
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TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins.
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El Dude
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March 29, 2014, 02:17:14 PM |
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Anything could happen pricewise but theres no denying Litecoin is the silver to bitcoins gold.
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Bitcoin and Litecoin hodler
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bnogal
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March 29, 2014, 02:19:58 PM |
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it will eventually happen, when bitcoin grows to 0$.
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kelsey
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Activity: 1876
Merit: 1000
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March 29, 2014, 02:28:41 PM |
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ltc will overtake btc
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YYmeans
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March 29, 2014, 02:48:53 PM |
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i don't think so , when scrypt asic comes , lot's of people will leave LTC , less people , lower price. sure, it's just my opinion.
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Nxtblg
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March 29, 2014, 02:53:10 PM |
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1/4 the worth of BTC, highly unlikely unfortunately methinks It will be 1:1 to the BTC coz of 4x block finding speed. Is LTC having the same merchant acceptance as BTC? Is LTC as popular as BTC to general public? Oh, you mean a cybercurrency's value is derived from its reach as a medium of exchange? You heretic, you!
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goldenmail
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March 29, 2014, 02:58:41 PM |
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litecoin depends on bitcoin due to some reason or other and if bitcoin rate goes down it reflects on litecoin.
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shinep
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March 29, 2014, 03:02:16 PM |
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Its hard to see it happening...may be 0.05 max.
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gustav
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March 29, 2014, 03:27:36 PM |
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there was times in history when silver was more valueable than gold in some places. Yes, it happend before.
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FalconFly
Sr. Member
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Sentinel
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March 29, 2014, 04:54:17 PM |
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Anything could happen pricewise but theres no denying Litecoin is the silver to bitcoins gold.
Agreed, they do go hand in hand and make a good pair
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This forum signature is like its owner - it can't be bought
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slapper
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Leading Crypto Sports Betting & Casino Platform
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March 29, 2014, 05:04:17 PM |
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0.25 BTC (or higher) is very much possible once KnC and other whales decide to create the peak price for it by buying up everything from exchanges to create the artificial pump. It will be closer to the release of scrypt ASICs. Smart players will sell at the peak and claim HODL publicly. Lots of bagholders will be created, both new as well as those who "are in it for the long term" who bought in November/December last year. LOL @ Brother/Sister/Pair currency propaganda. Hey at least the network will be secure with the ASIC bagholders. LMAO. I myself will take part in the LTC festivities more than BTC this year.
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defaced
Legendary
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Activity: 2198
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Franko is Freedom
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March 29, 2014, 05:25:12 PM |
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in a perfect world!
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El Dude
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March 29, 2014, 05:27:35 PM |
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0.25 BTC (or higher) is very much possible once KnC and other whales decide to create the peak price for it by buying up everything from exchanges to create the artificial pump. It will be closer to the release of scrypt ASICs. Smart players will sell at the peak and claim HODL publicly. Lots of bagholders will be created, both new as well as those who "are in it for the long term" who bought in November/December last year. LOL @ Brother/Sister/Pair currency propaganda. Hey at least the network will be secure with the ASIC bagholders. LMAO. I myself will take part in the LTC festivities more than BTC this year. So ur saying asic manufacturers will buy all the Litecoin they can ? Interesting theory never thought of that before , either way I'm hodling for years.
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Bitcoin and Litecoin hodler
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