A6
Short

WHY LTCBTC goes down when BTC gained 50%?

A6  
BTCE:LTCBTC   Litecoin / Bitcoin
OK, i checked the last chart of LTCBTC             , BTCUSD             an LTCUSD             and find simmiliar scenario as today.
LTCBTC             was on downtrend even the BTCUSD             gained 50% and LTCUSD             just maybe 5% the ratio went down to 0.01831 when BTC sellers started taking profits and maybe more of them switched to LTC             so they could gain another 40%...very smart. there was no darkcoin, no asics on litecoin and no high difficulty...

Mathijs
2 years ago
I was thinking the same for the last days. LTC quiet low.. maybe selling..,but if you look the history of LTC/BTC it always rise fast after the dip. I think also manipulation of LTC/BTC at BTC-e. That's easy, and when that's low the price of LTC stays low. After this we'll see new LTC/BTC hights for sure. LTC/BTC log scale indicates this is about the lowest point. Darkcoin downtrend also started. Same as Doge and Ripple.
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A6 Mathijs
2 years ago
thanks for reaction....i checked that chart all day and i'm quite sure we will rise maybe to 0.022 so with price of 630 it could be 13,86$ for LTC then slow down...this is absolutely fabolous way how to earn some gains....first at 50% with BTC and then when the ltcbtc ratio will be like 0.0075 switch to ltc...i think about step out from ltc for a moment too....i saw some predictions about ltc low from 3-5$.... i was just worried why ltc didn't go up like btc....thught it was because of drk :D
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A6
2 years ago
ok after i checked it from many views....its all just simple..there is 630$ price predicted as top for BTC so then....LTC could just follow BTC where it was in march so i think 17$ and maybe 21$ in mentioned spike? it could be nice...but based on price to which BTC dip (520$ maybe) it can be "just" 14-15$ maybe at normal price.....but if the tiny spike will repeat again i think 18-19$ is quite possible :D
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Tanner
2 years ago
LTC has gone down due to gash.io getting 50% of hashing power a few days ago.
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Now you are giving away all the big secrets!! LOL
Good job!
LTC/USD and LTC/BTC have made investors rich with compound interest on top of their BTC bag. The real question is knowing when to buy it. And the beauty of it is that if history repeats itself, when you see LTC/USD and LTC/BTC skyrocket that usually means that the BTC bull is close to being over. What better way to have a system that helps indicate for you when the BTC bulls are cashing out into LTC for more gain, wait a few days, then sell all of it. Good luck Gent! I'm hoping for at least a 3000 BTC and a 65.00 LTC compound interest scenario.
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