Post
Topic
Board Speculation
Re: Bitcoin hit $280
by
scox
on 10/07/2015, 19:15:06 UTC
I noticed LTC is being dumped for BTC and I think that explains the huge rise

not really, bitcoin was pumped to 250 before the litecoin pump ended, and then again to 266 before the dump of litecoin, that appeared today, they are not 100% correlated

i think someone with a big amount of money(probably who's bought litecoin when it was at 0.002) dumped everything today to switch to bitcoin, and has raised the price to almost 300

That must've been a fucking huge amount. The price is still soaring. 293 right now. Really amazing.