Quote from: Compeek on April 13, 2013, 12:49:03 AM

This is of course no sound or definite truth, but to me, it seems like the exchange rate between Litecoin and Bitcoin is pretty consistent regardless of the exchange rate to the dollar. For example, the exchange rate on BTC-e during the Bitcoin crash the past few days hardly changed. It was around 0.02 BTC per LTC before, and it's around 0.02 after. What did change is the USD per LTC, which dropped from $4.60 or so before to the $1.90-ish yesterday and now $2.50ish today since Bitcoin's value is increasing again.

I actually traded about 0.5 BTC for LTC right before the crash, thinking it might be a good way to end up with more Bitcoins, but I think that was not a successful choice after all. At least those Litecoins they didn't really lose a lot of value (in terms of Bitcoins).

I know a couple months ago, a Litecoin was worth something like 0.002 Bitcoins instead of 0.02 like now, so obviously it varies. But, overall it seems like Litecoin tends to match Bitcoin rather than compete with it, in terms of value anyway.

If u look at the BTC/USD however over the past 3 months http://www.cryptocoincharts.info/period-charts.php?period=3-months&resolution=day&pair=ltc-btc&market=btc-e,
you can see its been a general trend upwards despite the volatility. I think @btc4ever might be right, and LTC could potentially reach 1/4 of the BTC by the end of summer. especially after gox starts trading in them also.

Quote from: btc4ever on April 13, 2013, 12:40:22 AM

LTC for example may be a bit riskier than BTC, but given that there will be 80 something million of them vs 21 million BTC, one could conclude that the price should be approx 1/4 of a BTC, but it is far less than that right now. Buying opportunity?

I'm also interested to see what will happen when Slovenia and Spain bailout. Do you think it will be a repeat of the past weeks bubble that ends with a higher BTC/LTC value? Could this be a long term trend unfolding?