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Re: will the bitcoin reach $1000 one day...?
by
geofflosophy
on
23/09/2013, 15:48:42 UTC
Quote from: bitcool on September 23, 2013, 03:23:17 PM
Quote from: bumpk1nK on September 23, 2013, 09:22:16 AM
There are endless number of alternative coins. What give coin value is its useability. Keep dreaming the LTC will follow BTC
Hardly any dreaming at all. YTD LTC has outperformed BTC by almost 300%:
http://www.ltc-charts.com/period-charts.php?period=ytd&resolution=day&pair=ltc-btc&market=btc-e
Really puzzling, right?
People have switched their GPU rigs over this year as GPU mining of bitcoin became unprofitable. SHA 256 ASICs were the best thing to happen to litecoin, but there's little reason to suspect that this trend will continue.