The painful correction (yet very healthy) is almost done.
What's interesting is that all cryptos from BTC and EOS are moving in a highly synchronized fashion. This is because the same sentiment level is spread across all coins. Once sentiment turns positive, that's when this correction will be complete and we will see a very strong surge up to new all time highs for many coins.
The distinction is made when one or a few coins begin to outshine the pack. We saw this with ETH's phenomenal price increase. So, which coin will be the next ETH type? My vote is on EOS and LTC.
EOS because to me this is ETH killer in scalability, functionality and potential. LTC because it can grab the hugest share of daily economic transactions. LTC is already segwit mature, too.
I believe EOS can be triple digits in 12-16 months. LTC will be easy triple digits by end of this year.
If this blog post has helped you to profit, please follow and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
Legal Mumbo Jumbo: This is my opinion, make of it what you wish.
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Thank You - @blueorgy
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I been watching ETH too.. but didn't know LTC was segwit mature already.. thanks..
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ltc successfully segwit mature.....
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It was up.. for a couple of hours. Time for the march down to $100 or even lower..
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Didn't happen
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Nope, it didn't. It only made it down to around $150. It's doesn't however negate the fact that ETH has taken a huge reputational hit for all the problems it's had lately with hacking / theft, performance breakdowns, ICO pump and dumps, etc. This will likely limit ETHs future valuations relative to other cryptos with similar or better smart contract characteristics.
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