I am not talking at all about investing in Litecoin, I am meaning for every day usages for bill payments and moving holdings around. I don't think you get the kind of crypto user I am. I am not an investor in crypto. I am a full time 100% crypto user. Unlike most in this space looking for a buck to convert to fiat, I live and breath crypto for the movement to get central banks off citizens backs. Due to being a full time user, the end game to pay bills does mean me having no choice but on occasion to move holdings to load fiat backed visa cards and Bitcoin no longer is feasible in that ever day transaction usage.
But from an investment standpoint, are you not seeing the resistance that Litecoin is gaining when Bitcoin is dipping? That is a sign that in long term its a valid coin in my opinion to hold which i been since I got it for change a coin a long time ago.
This article is not about investing though, this is about options for every day users that live solely on crypto like myself. And Litecoin isn't my only option for moving money around but more of the safer choices I am leaning on. Just wish Bitpay and others would adopt more options during times like these when fees are so high on Bitcoin.
Well, if you are looking to get the central bankers of your back why not write your Congressman to "end the blatant manipulation!" in the bitcoin price by the banks and hedge funds. :-) Uhhhm, I looked at that litecoin chart for 1 second I know that anyone advocating a buy at the current price "deserves" the ass kicking that thry have coming their way. :-) Bitcoin.... STILL the most "manipulated" asset in the world. let me know how the letter writing campaign goes. I'll let you know via my blogs on the "likely" path of the bitcoin price going further. Maybe we will meet again at bitcoin sub $1000, litecoin...ooooh, I dunno, a move back to $10 "might" drive some of the "obvious" excesses out I guess.