Much like every other ICO before it, EOS came in on a ton of hype. Especially since it came from the same team that brought Bitshares and of course Steemit. Hype caused the pump yesterday but at the end of the day, EOS is largely an idea and still unfinished so naturally it started plummeting today. Always ignore the FOMO and stay strong Trevon - good job!
LTC is still going pretty well so it's not a good time to buy in yet - as soon as it drops, it'll be as good a time as any to get some LTC. Until then, mining it may be the better plan!
Loving BitConnect and Genesis - thanks for the motivation and great live video chat today Trevon. Looking forward to the vlog and Coin Count tonight!
Got a cpl L3+ coming in the July shipment so I'm hella amped! I feel sorry for anyone w/o triple digit LTC, remember what happen to ETH?
LTC may very well be going the way of ETH - already up to $53 on Bittrex and its graph is still looking good! While everyone is too busy worrying about BTC and UASF on August 1st, LTC keeps pumping - good investment @orangeshasta!
I am genuinely surprised that litecoin has held out for so long as is still a thing> I mined it back in the day but other than the shorter confirmation times and lower fees there wasn't much to it market wise especially after ASICs became available for it and the difficulty spiked. IIRC I used ghash.io and I think I had even tried their cloud mining thing but never really made anything on it (figures :P). I think they shut down with whatever little LTC I had there :-(.
LTC could definitely come back and steal the show from the newer coins, all I know is that we need something that is cheaper and faster to send money with than BTC. I see BTC as becoming more of a store of value / long term wealth while some other coin will nearly fully replace BTC as the go-to for day to day transactions, transfers, and shopping.
The real trick is going to be figuring out which coin that is going to be and getting in early :-).
Yup the key is finding the next BTC or ETH. I think that may very well be LTC, especially if it eventually becomes the cheaper and much faster version of BTC. But I'm not into investing in too many cryptos or ICOs as I've been inspired by Trevon and Craig to start earning as much BTC and dumping that all into Steem Power. So for now, I'm just keeping an eye on BTC and STEEM and hoping for them to pump to the moon!