LTC chart on tradingview is a too new to be able to show a better history of it's performance compared to BTC. If you go to bitcoinwisdom.com you can draw your own lines and see that LTC/USD has broken out of the decending triangle bear. Yet LTC/BTC-e chart shows that it's still in a decending triangle. Has the market, that usually follows BTC's up and downs, been hurt by investors selling LTC to get into BTC bull? Is this correction over? Will it create a rubberband effect and temporarily create an inflated price increase higher than BTC's percentage gains before jumping back on the BTC bull market wagon?
Comments
LastBattle
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What if the interest in LTC is declining? There've been a recent spike in Darkcoin interest...
This may never be a 1:1 bull run as compared to Bitcoin
Craig_Claussen
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I think that LTC has been around too long to say that it's done for. Dark and it's coin anon ability scares me. As an investor in the USA I see it getting some stern eyes looking upon it by all the ABC government entities that have stated that they want transparency in order for them to accept it as a legitimate system. But that's just my thoughts
This may never be a 1:1 bull run as compared to Bitcoin