I have no charting knowledge except for watching but would love to learn. Wasted so much time just watching.
I got most of my litecoins from transfering bitcoins to litecoins at 0.0111 then went back to bitcoins at 0.03 then back into litecoins again at 0.015. After getting many bitcoins at 0.03 ratio I sold some to fund a holiday and pay a few power bills. I am now back on the bitcoin side cashed a bit out to help pay for a new fish tank which has been my goal in cryptos for the last couple of months. I still a good cyrpto stack that I am hoping to turn into a house for me and my girl friend though. So 0.023 was a good spot for me to get something tangible out of it. It could well go back to the 0.03 heights or more on this current pump I just didnt want to see it go up and then down without getting something out.
As of today; OKpay now accepting LiteCoin https://www.okpay.com/en/company/news/okpay-now-supports-litecoin-currency.html
It hit above 24 $ today. 1.5 weeks ago it was 4 $. Will it pop soon or go up to 50, 100, 200 $? Gosh, if I had a future-predictor machine or a DeLorean like this one: One of these days I had a weird dream about Litecoin touching 13 $. It was sort-of a nightmare Then I woke up, it was still 8 $... Now it's 24 $, surpassing my nightmare a few nights ago! :lol:
Been trying to get on these for just speculation from when they were at $4 but I don't trust any ebay or gumtree sellers. And I refuse to pay $1000 for a bitcoin from here or coinjar.
There are loads of rip-off payment systems that I don't trust. I'm stuck here since it was 4 $. Now it's headed to 29 $!
The ratio is doing stupid things. This really does feel like "bitcoins are too expensive, I'll buy litecoins instead!". Saw them trade at $35 and $40 AUD yesterday. Seem to be a horrific premium at the time but people seemed desperate to buy them in AUD. Still not in the money that trade. Yes, I'm up at 3:30am checking crypto prices because my young daughter woke me up - figured why not. Holy smokes - $1073 USD on Mt.Gox for BTC. Interesting that Mt.Gox has torn ahead of BTC China and ANX in price though - China isn't driving the price like last week.
Woke up this morning to my alarm clock on my phone, swipe away the alarm, see litecoin widget. Couple of more days like this and its property market time. Don't wait on the price because you think you are getting dudded. Places like coinjar are higher priced because you can actually get the coins quickly.
I heard some believe Litecoin is supposed to reach 1/4 of Bitcoin's price - I guess they're taking account of the proportions. Litecoins per Bitcoins... But I'm not sure about it... Anyway, I don't see why it couldn't reach 500 $, even... As long as the media covers this issue and keeps pumping with more and more hot news that stimulate "ordinary" people to buy. It's the buying that keeps it pumping. I remember gold's bull market, the decade-long one... well, I guess BTC and LTC could keep going up for a while. Weeks, months... not sure whether for years. :/ But the demand is staggering. A little more mania and the big players, the rich will get in... I think the fact that you can split BTC, LTC and other coins into fractions is actually stimulating the prices to climb. People will buy as little as they can in order to gamble their money, try their luck.
If LTC ever got to 1/4 BTC I would sell all my LTC straight away and move straight into Cocaine, Strippers and Fast Cars.
