Litecoin is starting it's moon mission get in now for an easy 30%

Considerable resistance at $80 on gdax. about 45k ltc worth of sell orders to $80. Might take longer than today, maybe not though if volume and buying keeps up at the level we're currently at.

Wanna know how I know you're a newfag?

ive been holding for 6 months, up down up down, i finally sell and its starting to gain traction again

buy in. it's goinng to 100 USD

Guys, something is seriously wrong.

Litecoin....Litecoin....$100....Real world use cases....0....Litecoin....$100

This doesn't compute. Get the fuck out of crypto now.

Fuck you, it will be down to $52 in a week

I buy my morning coffee with litecoin.

Maybe... You're still a newfag because it doubled in August.

rubbish it has usage

I just pad for my Thai dinner the other night with Litecoin.

A large portion of the Bitcoin ATM's around the US buy and sell Litecoin now too which is cool to see.

store of value
medium of exchange
immutability

These are real world use cases whether you like or understand it or not.

You sound very insecure.

can someone please explain this chart to me? I'm a newbie

it basically means BUY LTC now before the price moons even harder

>real world use cases

You'd be wrong to assume that.

Yeah this is the "order book" "depth chart"

Orderbook tells you how many buy and sell orders there are and at what price.

The Depth chart is basically just a visual representation of the orderbook.

The red side are the "asks" or sells
the green side are the "bids" or buys

The bottom part of the chart is obviously price and the left and right sides are the volume in LTC.

cheers

if you want to watch it in realtime you can go here

gdax.com/trade/LTC-USD

Thank you. So why is this a good thing? Looks to me as though there are more bids but the majority of them are ridiculous prices? Surely a moon happens when there are lots of buys around the current price?

Oh it's not that big of a deal. go look at BTC/USD or ETH/USD, their buy sides have been like 4x bigger than the sell side for a couple months.

It was just a little victory to finally see the buy side bigger than the sell side on Litecoin, I don't think it necessarily means "moon imminent".

Cool thanks :)
I have another question too. When people talk about portfolio sizes, lets use an example:
>50% BTC
>50% ETH

Which of these does this mean?
1. $1000 of BTC and $1000 of ETH at current price
2. 1BTC and 1ETH
3. buying $500 BTC and $500 ETH and then buying equal amounds repeatedly there onwards

I use Litecoin more than BTC. $0.01 fees and faster confirmation time

You forgot XMR to $1000

50% btc 50% eth means an equal usd value of each.

1st option

No problem.

Yes its equal fiat value so point 1 or 3 you made works... You have to remember each crypto has it's own specific supply, there are about 4.5x more Ether than there are Bitcoin.

Value held (i.e. current worth) or value bought for?

It’s like watching cable TV. My eyes are glued to the order
Book and history tabs like 6 hours a day

Current value. If I bought $1000 worth of btc and $1000 worth of eth, and the btc went up to $1500 while eth stayed the same, my portfolio allocation would be 60% bitcoin, 40% ethereum.

People often rebalance their portfolio from time to time when it deviates too much from what they want. In my example I could buy $250 worth of eth using my btc to once again obtain a 50/50 split.

haha same here man. I watch that shit way too much to be honest. Tradingview is decent for tracking specific coins, if you haven't made an account there yet.

thanks :)

This is our profit table. Let's meet on telegram.
XMR +25%
BCH 1st +10%, 2nd +10%, 3rd +15%
KYC +8%
ARK +15%
NEO -8%
OMG +20%
DASH +166%
ZEC +12%
Wavers +45%

good call