I do see the pullback today as a good sign. What do you believe is driving this new surge in litecoin price? From what i have seen it looks to be more USD entering the litecoin arena than bitcoin, that makes wonder is are people buy litecoin as crypto intro training wheels because its cheap and therefore realitivly low risk at lower investment amounts? Or are there some other factors at play here?
Two factors - lightning network test completed and China considering banning new ICOs as protection against fraud. Next level please. Keep working Charlie.
First off, thank you for your reply, where are you getting your info, how do you track things like china ico regulation and network testing. I ask because im new to crypto and still developing my data sources? Thanks
China is banning new ICO's
Go to boxmining account here or on YouTube, he has a great break in it his last few videos
Check this out!
https://m.youtube.com/watch?v=_AqrDlEWPdQ
The key is to connect with crypto experts. Twitter/Steem searches help. As soon as any significant news hits, they will tweet/steem about it. How you interpret that news is down to time spent in the game. Follow Charlie Lee on social networks. Follow Crypto Hedge. Bitmeister. These guys know their stuff. You can never absorb enough opinions so subscribe to lots of Bitcoin/Altcoin news channels. Charlie Lee is an essential watch as he often talks about news to come and how that will impact the market or the 'use value' of such news. Understanding how the vision is coming together is essential. Researching many opinions makes one better informed. Hope you enjoy your research and your Crypto experience.
https://www.youtube.com/channel/UCJkRmbRv5sk9sTL1kZYeUnA
https://www.youtube.com/user/BaltimoreHourly
https://steemit.com/@bitcoinmeister
https://m.youtube.com/watch?v=GlknzBwYDkc
China has banned all ICO's
Thanks for the vids and chat @ygriffiny and @geneeverett.
Quality comment content is a nice change from the spam I usually deal with :)