Im absolutely flabergasted by the moves LTC is making, its gone up from £113 to over £240 in 24 hours, the BTC/LTC ratio is down to 52 on exodus and the ETH/LTC is down to 1.77. Whats the odds of LTC making its natural ratio of 4/1 with bitcoin and going to 1 with ethereum???? Maybe even passing it???
Just imagine what would happen to gold and silver if the bankster sociapaths ever lose control of the pricing of those metals. Probably the same pattern would emerge, gold would go first, mainly because the crowd will see it as the only store of value, then when that gets too expensive they will look for cheaper alternatives , hello mr Silver. We metal stackers have been very patient over the last few years and have earned the rewards that will come our way when the metals are set free.
In the meantime we stackers who have dipped our toes into the cryptospace just enjoy the rollercoaster and dream of whats to come
Great thats true
It is great isnt it :-) thanks for the comment
I'd be happy with a 10:1 ltc to btc ratio let alone the max supply ratio! This has been a wild few days for litecoin, nice to finally have some serious gains that are comparable to Bitcoin and ether this year!
Yep 10:1 would be good, i was just thinking theres about 3m BTC unobtainable for one reason or another, but estimates vary . So the ratio probably will end up higher than the max circulations suggest.
You any thoughts on which coins might be added to coinbase next ?
Very good point, but I also believe there are probably a lot of Litecoins that are also lost forever, maybe as many or more than Bitcoins...
I wish I knew what coins would be going up on Coinbase next!
Pure speculation, but I wouldn't be surprised if they release their own token, sort of seems to be the thing to do these days....