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Board Beginners & Help
Re: will the bitcoin reach $1000 one day...?
by
geofflosophy
on 23/09/2013, 15:48:42 UTC

There are endless number of alternative coins. What give coin value is its useability. Keep dreaming the LTC will follow BTC  Cheesy

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.