LiteCoin takes 2 big jumps the last couple days, this SIGNALS good news for Bitcoin... and all of Crypto - Some trends I noticed...
To me, on the 1 week charts, if you look closely when the 3 major spikes took place, it was near the end of the day in UTC time, roughly all 3x.
2 Day Chart here: Look at the peaks and mountains here with essentially steady gains:
1 week view here showing the gains from another perspective.....
Just as day's end their time seemed to approach. So if it is roughly ~10-11 pm in the UK time / UTC - it is roughly ~8 hrs ahead of that and so around 7-8 am in say - Hong Kong
- these time zone shifts always need to be at least considered as to what is going on as business day starts when the East /West Coast markets in say N. America are generally sleeping.
I am not saying anything is 100% accurate here, I am just noticing trends and thinking rationally. These could be related, even at least partially.
Or maybe not at all!
- Could it be a whale or group of whales all 3x at the same time, pumping the price?
What I DO know, is I like LiteCoin! The Segwit issues are still underway to fork the changes necessary for the network to improve things and also for Bitcoin as you likely know too. $LTC has been a great store of value!!!
The rises in value have been pretty slow and steady the last few weeks overall... another hallmark of a good currency that solves problems.
The founder of LTC Charlie Lee is active on social media, and pretty cool. I blog quite a bit on LiteCoin!
https://twitter.com/SatoshiLite
I am rooting for $LTC!
Thanks for reading, have a nice day.
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
To me, on the 1 week charts, if you look closely when the 3 major spikes took place, it was near the end of the day in UTC time, roughly all 3x.
2 Day Chart here: Look at the peaks and mountains here with essentially steady gains:
1 week view here showing the gains from another perspective.....
Just as day's end their time seemed to approach. So if it is roughly ~10-11 pm in the UK time / UTC - it is roughly ~8 hrs ahead of that and so around 7-8 am in say - Hong Kong
- these time zone shifts always need to be at least considered as to what is going on as business day starts when the East /West Coast markets in say N. America are generally sleeping.
I am not saying anything is 100% accurate here, I am just noticing trends and thinking rationally. These could be related, even at least partially.
Or maybe not at all!
- Could it be a whale or group of whales all 3x at the same time, pumping the price?
What I DO know, is I like LiteCoin! The Segwit issues are still underway to fork the changes necessary for the network to improve things and also for Bitcoin as you likely know too. $LTC has been a great store of value!!!
The rises in value have been pretty slow and steady the last few weeks overall... another hallmark of a good currency that solves problems.
The founder of LTC Charlie Lee is active on social media, and pretty cool. I blog quite a bit on LiteCoin!
https://twitter.com/SatoshiLite
I am rooting for $LTC!
Thanks for reading, have a nice day.
If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX
DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS
PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh
Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a
Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff
Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477
Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c
LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE
Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv
Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s
ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL
Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.
6 hrs after writing this post here is LTC now up to $15.50 USD!!!!!!
We've been at all time highs here for awhile now!!!!!!!!!!!
More LiteCoin Segwit pools joined to signal today......
9 hours later after this was written here and posted, it continues to rise, it nearly hit $17 USD today!!! It got up to $16.97 for a bit today! It is around $16.25 USD right now here!
Unexplained rise from $3 to $15 in a month.
It's pump & dump
It has not actually been at the $3 USD mark in over 30 days but I know what you mean.
Segwit started signalling on the LTC network Feb. 3rd. I've blogged a ton on the coin and follow it.
The SegWit signalling is looking good overall for LTC to remain strong and thus implement code to fix a lot of issues and of course, most of BTC knows and is watching this!
January 2017, it was 3.8 USD.
In short time to 15 USD.
May be soon it will jump to 100 USD !!!!
I have been thinking about moving some BTC to LTC, but haven't pulled the trigger yet
Becareful with the segwit thing! the miners are signaling it whenever they want & they stop whenever they cash out!
Yes, there are a lot of daily games going on for sure!
It is good you mentioned this. It is up one day, down the next, it has been breaking my heart LOL
https://twitter.com/BarryDutton/status/855848825289928704
Disclaimer: I am just a bot trying to be helpful.
LTC: The Segwit trailblazer
That's a neat way of saying things!
This post has been ranked within the top 10 most undervalued posts in the second half of Apr 22. We estimate that this post is undervalued by $4.09 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: Apr 22 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.
If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.
Thanks
Have you checked this out by the way, just discovered it recently, amazing track record of bitcoin and altcoin trading by a kind of hedge fund, totally legit and very profitable: https://ethtrade.org/agent316773
That's a referral link so people will not like you dropping those on here, it is kind of considered spammy.