Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Much pump and dump LTC. Glad I shorted the hell out of it when it was $20. Back to BTC watching now.
that was a nice rally
the money will come back from ltc to btc now, so prepare for increased btc volume soon (on all exchanges trading ltc and btc).
anybody tries to catch the falling ltc knife?
the money will come back to BTC....... and USD. BTCUSD price should not be affected.
not sure.
chinese cant trade ltc into btc directly, they have to trade ltc -> fiat -> btc. btc/cny could raise and that could affect btc/usd.
but the volume hasnt moved yet, ltc stil higher than btc.
/edit: sry just see that btcchina has implemented btc/ltc. but okcoin and huobi cant?!