Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: Fact on November 19, 2017, 11:57:01 AM

Title: Why the special relation between BTC and LTC ?
Post by: Fact on November 19, 2017, 11:57:01 AM
I feel like there is a kind of a special relation that exist between LTC and BTC, why that ?
Title: Re: Why the special relation between BTC and LTC ?
Post by: Hermes Mercury on November 20, 2017, 05:23:19 PM
because the Litecoin code is the same as Bitcoin (only with some modifications).
Title: Re: Why the special relation between BTC and LTC ?
Post by: Munareal on November 22, 2017, 03:20:55 PM
Litecoin was created to improve on bitcoin that is why its faster in confirmation than bitcoin. Litecoin uses Script algorithm that was incorporated from Bitcoin SHA-256 that is most of its codes were taken from bitcoin.

Title: Re: Why the special relation between BTC and LTC ?
Post by: sabbir2world on November 28, 2017, 05:50:56 PM
and so is dogecoin, if you compare doge with both, doge still faster and lowest fee.
Title: Re: Why the special relation between BTC and LTC ?
Post by: Delilonia on November 29, 2017, 11:01:51 PM
I think it is because they are programmed on the same pattern of node
Title: Re: Why the special relation between BTC and LTC ?
Post by: flag39 on December 13, 2017, 12:19:22 PM
The only real difference between BTC and LTC is the coin cap  21 mil BTC/ 84 mil LTC
Title: Re: Why the special relation between BTC and LTC ?
Post by: varunchaturvedi on December 13, 2017, 07:03:58 PM
can Litecoin Price is related with Bitcoin .Because Bitcoin Grow Repaidly and Litecoin also so there is any relation or not . if not then what is  the reason behind LiteCoin Rapid growth. 
Title: Re: Why the special relation between BTC and LTC ?
Post by: sabbir2world on December 14, 2017, 07:34:09 AM
Quote from: varunchaturvedi on December 13, 2017, 07:03:58 PM
can Litecoin Price is related with Bitcoin .Because Bitcoin Grow Repaidly and Litecoin also so there is any relation or not . if not then what is  the reason behind LiteCoin Rapid growth.

It is dependent a bit on btc .. so if btc falls you'll see ltc decreases but not entirely dependent on btc, fiat is being used to buy ltc beside btc. It's more like demand = price.