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RE: Bitcoin is less than 10 Billion dollars away from surpassing the Marketcap of Goldman Sachs, one of the biggest banks in the world...Perspectives ahead
I think LTC is a pump and dump, really. It's only seeing use because Bitcoin sucks so much right now with the fees and delays, and people aren't ready for Bitcoin Cash at places like Coinbase.
You right on the head of nail, I think the LTC team may tap into the BTC volume if they can get the multi-chain swap going, it could be only way out of the ridiculous fees...this market is purely speculative nothing fundamental, SegWit isn't turning out what it should be, with fees and transaction time at an all time high...BCH still lacking the political support to gain traction but things could change, if sentiments get positive we could see the other big players jumping on board
It looks like Bitcoin's fees are certainly dropping down a bit, along with the price.
Bad news for Bitcoin Cash that the Bitcoin mempool cleared out.
Everything is all over the place now, the China ICO ban hit the market hard, if more country follow and things start getting really tough, probably we can see these guys actually working together
It's going to be very interesting.
My portfolio got creamed, but it's already more than halfway recovered today.
It was painful to look at mines, interesting enough, the market lost its fuel as Bitcoin was less than 5 Billion in marketcap to over take Goldman Sachs and less than 2 billion to over take Morgan Stanley...
I think Bitcoin was (is) practically in a mania. It's getting hard to justify the money coming into it with so many better options than Bitcoin Core at this point.