RE: Litecoin going to hit $70?

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Litecoin going to hit $70?

in litecoin •  7 years ago 

yes ...the destiny of litecoin depends on what will happen with the bitcoin after the 1st of August ...actually all the Altcoins are waiting to see what will happen with the bitcoin after the 1st of August
bitcoin is the King of all the cryptocurrencies - all the Altcoins are cashing to fiat money and hedging thru bitcoin and so their strategy heavily depends on the bitcoin

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Agree its causing ripples in the market where I am sure there has been a few panicks over the last couple of weeks as well causing more movement. Although Litecoin seems to be holding itself in better stead.

yes it is ..also don't forget that litecoin is very popular in China ...even more popular then the bitcoin
...it is the bitcoin of the poor
lol
any way ..few weeks ago 100 litecoins were 1 bitcoin now only 50