Post
Topic
Board Speculation (Altcoins)
Re: Litecoin Surge Could Boost Bitcoin
by
Jating
on 27/03/2019, 17:04:24 UTC
Litecoin has been experiencing a strong surge of late and some analysts believe this could be setting Bitcoin up for an eventual recovery.
To learn more read here: https://www.cryptofish.com/blog/litecoin-surge-boost-bitcoin/

I think any other big changes will not happened while the other currencies affected are developed because Bitcoin is not so much connected to any other currencies so if the changes will not happen to Bitcoin is not applied for any other investment and the other investment are developed it will not affect bitcoin.

The only connection Bitcoin has is that everyone is pegged against it, all trading pairs are based on bitcoin.

But if there are any effects or correlation? I don't think so, everyone crypto is looking at bitcoin price before they moved. In this instance, it's good to see that Litecoin is making a significant gain but I'm not totally sold on it's effect or at least boost bitcoin price.