This video is a BULLISH Bitcoin Scenario. That means there are bearish scenarios that we will talk about in another video.
This Bitcoin & Litecoin video discusses the possibility of upside for BTC and LTC price. This is not a predicition, but dows use data from history to help give us clues into what bitcoin price and litecoin price might see to the upside. In this bitcoin technical analysis we look at potential targets.
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Crypto Capital Venture is big on tracking bitcoin and litecoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price and Litecoin price move very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.
Story of LTC leading way @ 00:35
INTERESTING 200EMA INDICATOR @ 2:00
Litcoin target @ 4:30
Bitcoin target @ 7:00
https://www.doubly.io/p/p7e3376592e53
More hopium sir
I am more bullisch about Digibyte, Cardano, Apollo the all in one currency, BABB the bank of the poeple, U Network the online content asset storage buy and hold
What’s your thoughts on xrp ?
Traditional RSI of 70 is considered overbought. Therefore, I'm looking for an IOS app for alerting me of RSI numbers. Anyone? Thanks
New contracts for the purchase of mining BTC and LTC discounts on the purchase of 5-10% https://cryptouniverse.io/en/d/H39MLGGK-H39MLGGK
Great content, thanks for the great charting. Keep up your hard work
again m asking when is the right time to enter in ltc when it's confirmed it's going uppppp
$60 LTC SOON !! Then $70, $80, $90 ….. BOOM $100 !!
The bear will be longer this cycle I'm in no rush we will see one more big leg down then sideways for months
Lightning Network is
Still not ready for Commercial Use
The Lightning Network (LN) is a second-layer protocol that
was long promised as a solution to BTC’s scalability problem. However, the
off-chain system is still very far from being able to support actual commerce
according to a new review by business management technology company Scipio ERP.
Also Read: The Daily: CEX.io Enforces KYC, Okex Updates BCH
Ticker LN Is Incredibly Difficult to Use Report: Lightning Network Still not
ready for Commercial Use The report’s developers created a Lightning Add-on for
Scipio ERP that provides businesses with the ability to use the system. They
then tested the network in order to see if it was really ready for commerce. On
the positive side, the tests confirmed that under best conditions payment confirmations
were reached within 5-10 seconds. However, also revealed many crucial flaws.
LN makes it very hard to implement clustering, meaning
running several redundant servers simultaneously, which is a critical feature
for online retailers. Implementing it, in particular in a dynamic cloud setup,
would require a lot of workarounds, the developers explain.
The network has a bad user experience, in sharp contrast to
that provided by most payment providers, who make the process of setting up and
integrating as fast and painless as possible. The system is also incredibly
difficult to use. The report lists over a dozen steps needed for merchants and
close to 10 steps required of customers to make payments.
It is also a resource hog, requiring a Bitcoin node and a
Lightning node installed on the same server as the business application. “All
of which will require a lot of time to set up and configure. If one of the
systems fails, your business application will not be able to handle
cryptocurrency transactions. This is even more problematic, as redundancy
cannot be easily achieved,” the developers lament. This is actually much slower
Than an Average Credit Card Payment.
Lightning Network is Still Way off Being Ready for
Commercial Use. The tests found that LN is still in a very early stage of
development. “We have been operating the system for four months and crashes can
and will happen all the time. Transaction channels can close or may not have
enough peers at any time. There are no push notifications for these events so
you won’t know until a new transaction is placed and fails.”Moreover, the
network only allows small payments to be accepted due to limitations on the
amount each channel can handle. And the process of opening a channel, needed
once the limit on the previous one has been reached, makes it extremely
difficult to automate for business applications.
As it stands, the Lightning Network is not useful for
professional clustered environments, the developers insist. “Yes, Lightning
does allow multiple nodes in its network, but at the same time it limits the
number of systems that can connect to a Lightning node. And sure, payments are
considerably faster than Bitcoin, but they are not ‘instant’. Even under the
best conditions, it still takes more time for transactions to be secured and
processed than with your average credit card payment. In addition, Lightning is
neither easy to set up nor convenient to run.” All of the above made the Scipio
ERP developers conclude that LIGHTNING NETWORK payments are not yet suitable
for business transactions. Lightning network is considerably slower Than an
Average Credit Card Payment system.
Nice Mic volume today, Dan!
Absolute Bollocks. No bulls this year
big bear div on the daily, horizontal resistance tested and rejected. jump the ship and buy back later.
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Exactly the move i was looking for. target between about 90 – 94 dollars and then a big pull back.
These r my favorite videos in which u compare ltc and btc with the 2015 market. Can’t wait to see how 2019 plays out whether it be to the upside or the downside love this space.
No tax return no investment
finally a beautiful bullish video 😀 ! well done
Great day for LTC! Hoping we hold above the 200!
You know Bitcoin is slowly guiding that particular market in the direction of XRP and XLM…it was part of their game plan all along….BTC was designed specifically to be primarily used as a bridging currency between any two currencies. The ultimate aim of BTC by Blockchain is to position BTC as the world's first digital global reserve currency.But right now in the crypto market, Excuse me to say BTC is not going to skyrocket like before but will have a gradual but very effective trend more than 20K , also lot of people got into crypto because of speculation, and I won’t lie I was among those who joined the trade community because of speculative comments I saw on the internet and to be sincere I have been losing lost of money since last December day trading and also holding both shit coins and valuable assets also, but everything changed when I was scrolling my YouTube videos, I came across a channel where high recommendations and accolades where given to Mr. Thomas Brown for his good trade guidance and strategy on how to trade, someone said he makes more than 6.5 Btc weekly with just 1 btc placed on trading daily, I was filled with disbelief but I contact him on and behold my first day trading, I was able to make more than what I have lost in crypto , over 5 Btc in seven days now, if you are still losing a lot and you want help you can simply send him request and consultations on tbrowntrades@gmailcom and don’t forget to thank me later.
you do know those LTC gains in 2015 was due to the LTC halving.
Good info! With Venezuala authorizing Łitecoin and Bitcoin for remittances it could be the first of many countries and a possible ‘game changer’……….
Great video. Love your content. Thank you
I was thinking, if we have evidence of lightcoin leading the game would it be a good idea to buy LTC at higher lows and pair trade for BTC when it is low,, before BTC joined bullmarket. And repeat the cycle where possible… just to accumulate more BTC..
Hi Dan. Good to hear you are more positive. I have a feeling we are going to see a grand convergence of the 50/100 ma in the form of a magnificent golden cross followed by a quick move towards all time highs. Its going to happen fast, be alert.
I have a feeling Litecoin is going to be nr 1 or 2 in crypto. 10x in a year!
Hey Dan great vid love when you mention May 22 its my birthday. Got a bag full that day!!! God Bless!!!
Follow the ratio with btc. Currently at 70:1
I think Litecoin could take Bitcoins place
markets don't have a memory. anything can happen with so much wash trading.