Crypto Markets and Litecoin up 30% — why?

in #esteem5 years ago

Source: https://www.ccn.com/crypto-market-litecoin-bitcoin-surges-ethereum-whats-pushing-it

image

Markets jump $10B over the past 36 hours and we are searching for the reasons why?

Litecoin up 30% on volume and we hear “nothing”.

image

We are not told the reasons for why Litecoin is moving. We think we follow news of crypto stories but we really are unaware of what the key developments are.

The big movers and shakers are moving into cryptos and they don’t want the press.
They don’t want you to know how much they believe in cryptos.
Banks like JP Morgan are “all in” with the Bakkt Exchange as a vehicle for their clients — but where is the WSJ proclaiming this?

Where is the discussion on the “tokenization of assets” coming?

This is the “early stages’ of big plans and the plan is to keep the “small people” out while the “big fish” get positioned.

Don’t look for the media to give you all that you need. You have to study and validate all that you hear and read.

Sort:  

I can say that i have been waiting for this
but i cannot say i was prepared for this.

I expect a crash after this.
But, i wouldn't bet on timing anything.

Whether you bought at $20 or $30 is irrelevant when the price is $10,000.

And like you, i have heard no news.
Nothing.

I wonder as well. Maybe the big boys don’t give damn and just want in now. We will see.

I think there was a news that the ETF will eventually happen, so people placing their bets early before the big guys maybe

Could be...really big volume.

Thanks for using eSteem!
Your post has been voted as a part of eSteem encouragement program. Keep up the good work! Install Android, iOS Mobile app or Windows, Mac, Linux Surfer app, if you haven't already!
Learn more: https://esteem.app
Join our discord: https://discord.gg/8eHupPq

@floridanow You have received a 100% upvote from @botreporter because this post did not use any bidbots and you have not used bidbots in the last 30 days!

Upvoting this comment will help keep this service running.

Coin Marketplace

STEEM 0.26
TRX 0.11
JST 0.033
BTC 64359.90
ETH 3105.50
USDT 1.00
SBD 3.87