I remain excited about BTC hitting $1000 but Litecoin is still burning up the charts. Since breaking $1000, Bitcoin hasen't done much. In 12 hours, Litecoin is up from ~$20 to $37. Come on Bitcoin bulls, you're falling behind.
On the Litecoin side, not going to end well once some big holders decide to take profits. I get the feeling everyone is just buying LTC because it's going up so fast and potentially increase their BTC holdings.
Maybe I'm wrong. I'm a huge fan of LTC but nothing really warrants this increase right now.
Sounds similar to what many have said about Bitcoin but it's true, that risk always remains. Overall all I think it shows the sheer power of Bitcoin. It's bringing in money to all corners of the crypto-world and that only strengthens Bitcoin's foundation and position, IMO.
As for $100k trades...I trade BTC-e. $100k walls are getting more and more common. A buy or sell wall could get filled but a $100k buy or dump would be tough without tremendous slippage.
As with Bitcoin, I'm always hoping for a big correction, so I can get more coins. Want to help a brother out with that Goat?
