So what is going on with the uptick in the price? I mean after years is Litecoin finally yet again acting like Silver to Bitcoin's gold? Looking at
www.coinmarketcap.com of as I type this (see the msg time stamp on this post) of $107.88 and Litecoin up a frigging 44.23% in the last week
compared to Bitcoin being up in comparison only 26.05%, again, as I type this here. Holy Moly..what is going on?
it seems to me like something is going on. They have been talking about Mimblewimble for months, and indeed if the USA implements the need for self-hosting
wallets at a minimum declaring themselves with Know Your Customer (KYC) ..even if it is just for xfer of BTC/Crypto into USD
from within a USA exchange, as an added KYC...that can't be helping the Litecoin price IMHO much under such a likelihood.
Is it that Bitcoin has finally gotten to spendy and newbies and past HODL'ers of Litecoin have come back into the fold? Maybe?
Add to the above PayPal as an option, a newbie could say, man, I could get a lot of Litecoin actual vs the BTC dust for the same USD..and going that way?
I like it, I don't understand it, because as usual, I can't find out any noise on why Litecoin has been pumping.
So for now going with the PayPal angle and known old and new word of mouth of Litecoin acting like the Silver to Gold analogy..at least presently.
But I like to hear 'something' in the way of 'something' gossip wise when a cryptocurrency just takes off..not seeing it here.
So good to see, but anyone got anything? I'm utterly befuddled...the above stuff I mention just does not seem to cut it on the massive price rise.
Brad