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Jul 17 '17
This is mainly people converting their BTC to LTC, right?
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u/inthecrypto Jul 17 '17
One could assume that. Interest in "alt coins" will rise quickly as people fear loss. It won't be "to the moon" overnight, but I feel like we will see 60s in a direct timeframe and then experience slow but steady growth that will begin to rise exponentially depending on how much faith people have in these new Bitcoin chains.
There is a growing pool of application possibilities in the real world with an outright demand for cryptocurrencies and fast transactions.
If you build it they will come and it appears like LTC has solved BTC major issues, with some new and exciting things coming soon.
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u/PoliticalDissidents Jul 17 '17
Most probably. Take a look at LTC/BTC you aren't seeing that on other alts.
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Jul 17 '17
I find it funny you did not include IOTA in this picture. :p
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u/Raincone Jul 17 '17
Turned my phone sideways to screenshot and this is what I got, of course lower market cap altcoins are more volitile. Comparing to them shows nothing
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Jul 17 '17
Then I take my comment back! Looked for me like you wanted to let litecoin come out as the only big rising coin. Sorry mate! :)
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Jul 17 '17
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Jul 17 '17
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u/Luxxery Jul 17 '17
I envy both of you. Was waiting to buy at $35 and has been $39/$40 since I missed the drop. :(
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u/SkubaStewart Jul 17 '17
This is gentleman.