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.

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32 COMMENTS

  1. 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

  2. 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.

  3. 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.

  4. Good info! With Venezuala authorizing Łitecoin and Bitcoin for remittances it could be the first of many countries and a possible ‘game changer’……….

  5. 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..

  6. 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.

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