LitecoinTalk Archive (READ ONLY)
Economy => Economics => Speculation => Topic started by: dumbledore on March 04, 2016, 08:04:46 PM
As we all know, the only reason LTC exists and still lives (although on life support) is because it is tied to BTC.
And sometimes even worse; when BTC goes up, LTC goes sideways or goes down, and when BTC goes down, LTC then does go down with it.
As we can see, Ethereum is not tied to BTC and has gained over 1000% in the last month, while LTC has only gone down.
BTC is still having major issues, and it doesn't look like there will be a revival.
Can we state, with at least 80% confidence, that we are currently in the Final Phase of LTC?
The sole fact that the Litecoin speculation forms, neither here or on Reddit, get much attention says A LOT about people having lost interest in buying/trading LTC.
Ether has almost reached $1 billion market cap.
Remember when bossman on Reddit preached it will never beat LTC? Well, when he said that a month ago, now LTC is almost 10 times smaller than Ether.
Looks like Ether will be the one replacing BTC..