Bitcoin’s Price Update, Why Litecoin Is the Leader and What to Expect This Summer | Crypto Markets

This episode is sponsored by TradeSanta:

In this week’s crypto markets, Mati Greenspan talks about bitcoin’s price movements, Facebook’s coin news, Litecoin leadership and his summer forecast.

#Cointelegraph #Bitcoin #CryptoMarkets

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Bitcoin’s Price Update, Why Litecoin Is the Leader and What to Expect This Summer | Crypto Markets


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Good simplified analysis from Mati. Facebook's cryptocurrency is not the best news for the rest of the market but the battle between Telegram and Facebook for social coin dominance will be an interesting one.

It’s coming! Bitcoin mining reward halving 2020. Litecoin August 2019…..🌬….🐬

‘The biggest supply shock in the history of financial markets’

More Łitecoin info overleaf

FB coin will do alright until it is accused of money laundering and it uses its centralized muscles to pinch off the offending users and perhaps freeze their funds. Then expect an exodus to real hard money like Litecoin and Bitcoin.

Here's something EVERYONE in BTC and rest of the shitcoins keep ignoring:

– USEFUL means there is something you can use it for… key word is USE

– USELESS means there is nothing you can use it for… no use case

– VALUE comes from something being USEFUL, and things that are USELESS have NO VALUE

– PONZI schemes have no use case, they are USELESS, which is why that scheme ALWAYS fails eventually once there are no more fools to fall for it

– BTC has been CHANGED by Core/Blockstream from something that was USEFUL into something that is now USELESS

– That alleged "Store of value" alone does not exist as when there is NO USE CASE for something, there is NO VALUE. BTC is a USELESS shitcoin now and nothing but a PONZI scheme, and it will collapse eventually and whoever is in it at the time, will lose all their money they put into it… and same goes for any other USELESS shitcoin.

Do you people get it?

Bitcoin is not BTC
Bitcoin is BSV
Because BTC no longer works as Bitcoin, BSV does.

I also feel that the unit bias in crypto is especially hard for newer retail investors to avoid. Instead than buying a fraction of a BTC they would rather have a whole unit of an altcoin such as LTC, ETH or even BCH. The problem is that they don't understand the token economy and how BTC is cemented at the base level of most transactions and trading pairs. Litecoin is a good alternative in my opinion because it has a hard cap on total supply, already has proven tech and the network is very strong (listed on almost every exchange). I have always preferred trading LTC over any other altcoin because it also has pretty good liquidity and tons of price action these days.

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