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Author Topic: Is LTC depending on BTC market or raising up with its own power?  (Read 2019 times)

Offline babu10

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Is LTC depending on BTC market or raising up with its own power?
« on: February 16, 2021, 05:31:40 PM »
Maximum time we see that another altcoins or tokens price ups and downs depends on BTC. When BTC market raise up they also goes for same condition and if down they also down.

Here do you think LTC price also raising up as BTC market up or its market raising up as LTC'S portfolio is good. Please share your good thoughts.

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Is LTC depending on BTC market or raising up with its own power?
« on: February 16, 2021, 05:31:40 PM »

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Offline Tunir Baap

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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #1 on: February 17, 2021, 10:30:32 AM »
Cryptocurrency All other coins depend a lot on Bitcoin. I don't think it's the opposite of light coins. When the value of cryptocurrency to bitcoin increases, so does bitcoin and all other coins. The value of s increases. The price of bitcoin has been pumping for a few days now.The rise in the valu e of Bitcoin has had an impact on all other cryptocurrencies This is why cryptocurrency increases the value of light coins as the value of other coins increases.
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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #2 on: February 18, 2021, 02:49:04 PM »
Maximum time we see that another altcoins or tokens price ups and downs depends on BTC. When BTC market raise up they also goes for same condition and if down they also down.

Here do you think LTC price also raising up as BTC market up or its market raising up as LTC'S portfolio is good. Please share your good thoughts.

I think bitcoin price will affect  the altcoins.But the basic factor of price , we all know  demand and supply. I think litecoin demand is so high now. I believe litecoin will increase again and It will continue until the middle this year

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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #3 on: March 05, 2021, 04:59:05 PM »
No I don't think so.  Demand for this specialty has grown significantly as a result of recent corporate scandals.  It becomes a dump again.  Because the market never stays the same, it increases one time and decreases another time.  But light coins are more likely to grow.
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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #4 on: March 22, 2021, 05:04:17 PM »
Maximum time we see that another altcoins or tokens price ups and downs depends on BTC. When BTC market raise up they also goes for same condition and if down they also down.

Here do you think LTC price also raising up as BTC market up or its market raising up as LTC'S portfolio is good. Please share your good thoughts.

I think almost all of altcoins depends on bitcoin market, But It  also have  own power.  But if bitcoin is going down , It will affect to almost all of altcoins. Litecoin is very potential , but I think altcoins are following bitcoin trend.
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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #5 on: March 23, 2021, 05:14:33 PM »
You have made a very nice and informative post. Because I have no idea about it but I have benefited a lot from reading some of my senior brother's posts.I agree with you. I also think that something like this will happen. At present the BTC market has improved a lot.

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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #6 on: March 30, 2021, 08:53:55 PM »
In my opinion LTC is entirely dependent on BTC and follows suit in and this is reflected on the price through its vs BTC valuation and is used mainly to transfer funds for much lower fee in compariosn to BITCOIN that is why after each step up for Btc LTC spikes in the vs BTC valuation
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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #6 on: March 30, 2021, 08:53:55 PM »


Offline Master107

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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #7 on: March 31, 2021, 12:45:59 AM »
Maximum time we see that another altcoins or tokens price ups and downs depends on BTC. When BTC market raise up they also goes for same condition and if down they also down.

Here do you think LTC price also raising up as BTC market up or its market raising up as LTC'S portfolio is good. Please share your good thoughts.

Normally, Litecoin motion follows Bitcoin. Seldom coins that can manage to increase during bear market. As what you said, "When BTC market raise up they also goes for same condition and if down they also down." Generally speaking, the dominance of Bitcoin still higher, it could trigger the market to increase or decline.

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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #8 on: March 31, 2021, 07:27:58 AM »
I think the price movement of light coins depends a lot on the bitcoin price movement.Because when the price of light coin goes up, it is seen that the price of bitcoin is very high.Again if the price of bitcoin is dumping then let's see if the price of light coin is being dumped comparatively.So it can be said that the price of light coin depends a lot on the price of bitcoin.
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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #9 on: April 01, 2021, 03:54:26 PM »
Maximum time we see that another altcoins or tokens price ups and downs depends on BTC. When BTC market raise up they also goes for same condition and if down they also down.

Here do you think LTC price also raising up as BTC market up or its market raising up as LTC'S portfolio is good. Please share your good thoughts.

I think every coin has own power, but bitcoin always be centre of market. When bitcoin is going up, we will see almost all of crypto currency will go up..I think It will continue until there is coin that replace bitcoin at the coming future.
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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #10 on: April 02, 2021, 04:16:43 AM »
Cryptocurrency All other coins depend a lot on Bitcoin. I don't think it's the opposite of light coins. When the value of cryptocurrency to bitcoin increases, so does bitcoin and all other coins. The value of s increases. The price of bitcoin has been pumping for a few days now.The rise in the valu e of Bitcoin has had an impact on all other cryptocurrencies This is why cryptocurrency increases the value of light coins as the value of other coins increases.
Yes, brother, you have said something with proper logic. I also think that the cryptocurrency market is very much dependent on Bitcoin. The value of the light coin but has been pumping for some time. I think light The reason behind the price pumping of coins is the increase in the price of Bitcoin.
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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #11 on: April 04, 2021, 10:26:09 AM »
Cryptocurrency All other coins depend a lot on Bitcoin~
Yes, brother, you have said something with proper logic. I also think that the cryptocurrency market is very much dependent on Bitcoin. The value of the light coin but has been pumping for some time. I think light The reason behind the price pumping of coins is the increase in the price of Bitcoin.

Well,bitcoin is the pioneer of crypto currency and always be the King of crypto currency. So, almost all of crypto currency will follow bitcoin trend. I agree litecoin  price is depending on BTC market. That's true.
Because every bitcoin goes up, altcoin goes up too.

Offline iloveyobit

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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #12 on: April 05, 2021, 12:50:43 AM »
Ltc as all other altcoins is being affected by bitcoin price and big moves but only when bitcoin dominance is high because all the volume goes to bitcoin which will cost other altcoins to dump but when dominance start falling that means other altcoins will rise up because of the traders are buying them as well as LTC .

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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #13 on: April 05, 2021, 11:59:10 PM »
Actually, it is not only LTC but also all altcoins that will depend on Bitcoin price and also condition in the market. The price of BTC will define how altcoins will be ongoing. Whether it will be increasing or falling.
However, right now, altcoin is at the right moment. Litecoin itself will be able to have increasing percentage and we can be waiting for it again

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Re: Is LTC depending on BTC market or raising up with its own power?
« Reply #14 on: April 07, 2021, 11:58:50 AM »
I study the flow of Litecoin and Bitcoin. Then I am surprise that Litecoin seems following the Bitcoin flow whether in increase or down trend position. Litecoin is not going on its own to dump or pump. You will know Litecoin will dump if Bitcoin is in dump. The same when Bitcoin pump, litecoin will absolutely increase.

 

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