Post
Topic
Board Economics
Topic OP
Bitcoin vs Litecoin : I sold LTC for BTC . May I wrong ?
by
ammy009
on 06/07/2015, 13:53:58 UTC
Hello guys,

I owned about 5000 LTC & I sold them when LTC/BTC pair hit 0.006 (1 BTC = 166 LTC). I frustrated about crash of LTC price & it's future. My thoughts behind of this decision is :

LTC is just a pump n dump coin. It has no worldwide acceptance like btc has. the market of ltc is very small & normally merchants don't accept it. the development team of ltc doesn't give any unique project for a long time. there is less discussion about it.

But, now , I see ltc price is just pumping to the moon...... 216% price increase of LTC/BTC pair. Why people sell their bitcoins for ltc ??

My decision was wrong Huh