Post
Topic
Board Altcoin Discussion
Re: Why is Litecoin so cheap?
by
Amph
on 08/05/2014, 12:40:53 UTC
ehm no btc went to 1200 because of china, not because of asic, when KNC miner are dumpic 1k btc a day

That last part is speculative at best. In fact it almost sounds as if you believe that Litecoin block reward increases as difficulty increases. Why would there be a massive dump of LTC just because the network hash rate increases? Sorry, I'm probably just misunderstanding your post.

i didn't mean this, just don't expect a price increase like BTC(which was caused for the most part by chinese), because LTC will be even more a clone of BTC, asic probably will make ltc rise a bit and stay there for a very long time