VTC moon pretty soon?
Looks like Alt season is about to get started after several false starts, today I logged into bittrex to see gains all over. Unless BTC does a major move to 30K, we should be good and Alts will now pick up steam and march ahead.
I had mentioned a theory which I had posted a week back about LTC going up because of newbies rushing in and seeing a cheap coin similar to BTC . That rush did happen and Litecoin hit 400 mark
Now on to Vertcoin, I'm bullish on this one because this is a good project with lot of history and a dedicated community which pitches this a good alternative because of its inclusive ( ASIC resistant) nature. There is talk of a few updates soon and I did read about possible wallets/exchanges handling VTC/USD pair ( check this out : https://www.reddit.com/r/vertcoin/comments/7ixkbf/vertbase_a_vertcoin_to_usd_exchange/) and with current price of something like $10 for 1 VTC, lot of folks new to the world of Crypto will rush to this cheaper option hoping to ride the next 5X or 10X wave
VTC can be compared to LTC and a similar rise cannot be ruled out and lot of new folks who missed BTC or LTC bus will pile on to this one and the FOMO factor should push the price up pretty soon. Hoping for a big VTC run pretty soon with lot of new money coming into cryptocurrencies.
Disclaimer : This is just my guess and not any advice nor is this based on any major FA/TA work by me or anyone else. DYOR before investing
Some additional news about VTC :
- A newly optimised AMD miner (to become competitive with nVidia) is coming
- More exchange listing expected soon
- New iOS/Android/Desktop wallets with LN integration
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Im hodling and hoping!
Same here, I'm guessing more money will flow in once you have apps which take USD and lets customers buy Alts and that will reduce the BTC impact on alts and drive price up. Regardless we continue to hodl!
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STOPMy favorite friend Onek is a beautiful post