BitcoinMedusa
Long

Ruby On Litecoin / $LTCBTC / #tradingview

BTCE:LTCBTC   Litecoin / Bitcoin
589 2 2
Very interesting discussion about this pair tonight. Lots of great pattern reads too. Expect more from me on this pair in the next weeks. Sincerely, Beauty
I follow and study LTC/USD more than the hedgers delight LTC/BTC as new capital flows into LTC via the fiat instruments. As we see new markets opening, and being clamped down on the entrance of LTC/FIAT into those markets introduces greater volatility than the cog in the wheel of Crypto Exchange, LTC/BTC, still learning lots.

When BTC moves into a new market, China recently, and now downloads of the BTC wallet appear to be spiking in India, as these aggressive and forceful rejections of BTC exchanges in India recently have only served to peak interest by the people in India ... we see BTC moving into new markets regardless. So at first we are concerned with new capital flowing into BTC from these new markets, and it happens. The governments force and interference is only a temporary setback, but it is fantastic public relations and marketing for BTC in general.

So LTC follows BTC in exchange adoption, and when we see LTC listed on some exchange, it is usually just a matter of time before an LTC/Fiat pair is then listed in that exchange. And I think we'll see this with WDC, Worldcoin, and perhaps MEC, as we have seen NVC, and NMC on btc-e, list fiat pairs for those newer, Scrypt based CryptoCurrencies. So this cycle continues, and we'll see this happen as the exchanges for BTC open in Mexico, and in Argentina, serving Peru and Chile, etc ...

I was not an early adopter of BTC, but, I did mine LTC and trade LTC as a relatively early adopter of Scrypt based CryptoCurrency. And yes, I do own some BTC which I have obtained by selling for BTC some of the Scrypt Crypto I have mined. But I'm all Scrypt now, it's Scrypt, do or die for me, and through that I hope to see the new coin, the BETA, as I consider BTC to be an ALPHA release of CryptoCurrency, LTC and other current Scrypt coins to be a BEAT release of CryptoCurrency, and coins like PHS, PhilosopherStone, to be a newer, BEAT version of CryptoCurrency. To study the Scrypt coins closely, affords perhaps a better premonition of future coin development.

To maintain a focused study of bitcoin, which I certainly do, leads us to find what elements of the CryptoCurrency money "industry" will develop first, and do well within this new CryptoCurrency "protocol", internet protocol.
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CryptoCoinSolutions CryptoCoinSolutions
2 years ago
Sorry for the typos, *BETA, :-) It's about all my brain can do to produce these types of observations, I suffer in the details of actually forcing it out through the keyboard.
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