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RE: Bitcoin: History Repeating Itself. By Gregory Mannarino
Most of the cryptos are reverse pyramid schemes with fewer and fewer coins being minted every month. So if demand rises you have these parabolic moves. I personally don't know why the party would end now. But I do like LTC more than BTC just because it is way cheaper per coin. Also LTC will keep getting good news over the next few years.
Bitcoin difficulty is increasing parabolically. It will be $100,000 before you know it even if BTC demand remains flat. Which I expect as we move above $25,000 demand will just increase as people start smelling $100,000. Any time is a good time to buy cryptos. But again I like Litecoin even more because it is also a useable coin.