So yesterday we have noticed a large move of 588,666.86827541 LTC which were worth back then 100 Millions.
Today thy sadly are worth a little less.
The speculation started so i wanted to wait a little but it seems this is not any exchange wallet. Some people say its oldtimer moving his coins, some say its someone who just bought and got all those out of exchange.
EitherEtier way this means someone with loads of skin in the game expects something in near future and that would rather be price raise. People started talking if its not the creator who bought back his stash - hard to say.
Also its said ecommerce platform will add LTC and there is some other big news coming rumors say.
Markets
Of this list i trade on a few but for LTC i use only Binance and Bitstamp and smaller exchanges for arbitrage.
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Here is another news: Someone put 35 bitcoin (Around 1 million Bitshares) order to buy BitGOLD on bitshares exchange.BitGOLD is pegged to the price of gold,so it won't lose value if shit happens.
Is there really something going on?
I think it is.Be prepared.
thanks, interesting! do you have links to transaction ?
Solid huge upvote on yourself... spread the wealth man.
Yes.Order is still on.
https://www.compumatrix.co/#/market/GOLD_BTS
Yesterday it was 1 million BTS,now is 808.009,482
This is BIG for Bitshares exchange.
One more interesting thing,take a look at the cryptofresh Bitshares explorer.Look at the BTS-GOLD orders.The 800.000 Bitshares order is not listed there.I can't find it.First one listed is the one below,this big order.Why can't we see which Bitshares account made this order?And yes,Cryptofresh was offline for the last few days..interesting.
http://www.cryptofresh.com/a/GOLD
Can you stop with the bullshit? The TOTAL MARKETCAP of BitGOLD is 36 BTC. So your info is obviously wrong.
Dude,im not blind,here is link: https://www.compumatrix.co/#/market/GOLD_BTS
That is enough to buy almost the entire supply of bitGOLD.... I just checked it, you are absolutely right, the order is real.
How is bitGOLD pegged to price of gold though. Could that order just be there to keep it from falling, similar to how tether would have to stay at 1.00? Something seems off.
isn't it seem that someone is trying to manipulate the things to their own profit by showing some huge amount of btc into any altcoin.???
So are you holding coins BTG?
That's a big FAT margin call, people!
Wow that is some serious LTC!
Good to know.
I am sad that only blocktrades let me register and even their platform did not let me trade.
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You got a 3.03% upvote from @upyou courtesy of @stimialiti!
I’d freak out moving that much money at once...
Yeah sorry about that. My finger slipped when I was counting my litecoin. I’ll be more careful in future!
ok you got me it was my 100mill
OK, how about you put more into Steem Power then? :)
This guys lying 👆😂🤙
good comment my all steemit friend wish you good luk
Probably converting that LTC to Steem Power
Nope, did that last week and it was only 3 LTC.
My guess is it’s an exchange moving money around to prepare for an influx of trading/withdrawals/deposits once core is released.
Most probably someone waiting for litecoin to go up in value in the near time ;)
https://m.bithumb.com/wallet/P102?bsid=S1201GM_IN&gclid=CjwKCAiA78XTBRBiEiwAGv7EKsWP2zUVBEgJiMWcT5ywTXxxckiYabAuJKN7RozdxiN9QXii2zR3bRoC3kAQAvD_BwE
We’re in the middle of a $30 trillion intergenerational wealth transfer from baby boomers to their children. And those kids - not really millennials only, but people from 25 to 40 years old - simply think about their investment decisions differently
Whatever the true situation we may never know for sure. But one thing is clear, whenever cryptocurrency moves there's a winner somewhere and a loser somewhere. It all depends on the level of information and the mental attitude of the mover...
The thing about LTC is that when Charlie Lee sold all of his LTC the whole public lost their faith. LTC has a lot of potential and the crypto game has just been warming up. I'm curious to see if LTC lands a big time deal on an exchange! Regardless the news, I'm certain that LTC will be around for awhile so this whale is making a smart move!
this account looks more doubtful because we can also change something like this on our browser page which is not a big deal,but anyhow ltc is having great future which we will see in coming days.
Those are some crazy numbers! When I grow up i want to have a wallet like that!
My my, when I see large sums of money like this, all I can think about is the huge sums of money that these crypto whales use to influence the markets.
Very good
https://steemit.com/beautiful/@fadhluns.kom/beautiful-baby-turtle
I think this info have some good value I am going to resteem it.
Thanks for sharing
So what is going on with LTC/XMR are they talking about a merge?
my thoughts would be amazon or ebay would get ltc as ebay kicking out paypal till contract finished. ltc ftw
Lite coin is next ETH
What? Litecoin can't do smartcontracts yet
But LTC may be merging with Monero so that will help...
They not "merging" they forming a co partnership. Like what litecoin did with dogecoin, litecoin is helping and benefiting from the monero being traded decentralized. Also monero partnership does not make it have smart contracts so how is it the next eth?
Thanks for this cryptocurrency news update providing..... i appreciate this post . best of luck dear....
HODL
I agree, that’s wat we’ve noticed too
@kingscrown thanks for the information
Hmmmm
To me there is nothing to be scared about LTC.
How did you even find out about that transaction? haha. Litecoin has a bright future this 2018.
IT was me! I wish it was me! it wasnt me!
You got a 17.61% upvote from @bid4joy courtesy of @kingscrown!
Wow, that's amazing @kingscrown, thanks for sharing this information. Hopefully you will be more successful and always willing to share information for everyone..
You got a 1.45% upvote from @postpromoter courtesy of @kingscrown!
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Was Robin Hood going to add Litecoin? That would help, but in analyzing the charts last few days, Litecoin is in lockstep with Bitcoin. They are up and down simotaniously.
Good article. Please follow and vote for me offline
Amazing post
Creativity at its best
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I think it will help you and in other way it will help me too.Please upvote to put me in a good start.
Thank u
Difficult to say, let us watch in February what will happen in the market ;)
I think it was the FBI
This is some good research. @kingscrown
Or it could be that it's going to go a lot lower and they want to get out before it does.
Does that mean you're planning on stocking up?
Holy cow. That amount of money is just unbelievable.
Some LTC good news is needed! I'm disappointed how it has slowly went down in price despite a good team and promising projects that will help adoption.
I am curious if this move is related to all of the speculation that Monero and Litecoin are merging?
Hope this is good news for me who got some in Oct.
Fyi, I think some typo here:
EitherEtier
@kingscrown Thank you for the info. Best wishes.
Good...
Upvote @sherlie
For such amount of LTC moved worth 100 Millions Usd
Something is brewing! in the cryptosphere.
Tron (TRX) became a father figure in my life, read below:
https://steemit.com/bitcoin/@marioiii/tron-trx-is-my-daddy
Maybe the guy who hacked that big exchange recently converted some of his earnings to Litecoin and this what is happening.
Very interesting!
Thanks for sharing & Steem On :)