could this be the big hedge funds taking a position and backing a winner?
Its certainly got global action now - wow!
or could it be the US markets taking a position ahead of shorting Bitcoin & then reaping the rewards as everyone retreats to Litecoin? - You guys are right something big is happening that's for sure.
OK just traded in all my under performers on neg% or tiny weekly %'s - gotta love that coinmarketcap "view all" feature - lets see how far this goes!
Could be anything, but I think that cause it transfers so quickly and at a low cost people are learning to buy it rather than anything else if they are going to move their crypto from one site to another, I bought ETH, BTC and LTC on one site and learned real quick that LTC was the best option for transfer's, I want quick transactions and low transaction cost's, so lets say I was able to profit with arbitrage - LTC rates high among the top 5 coins capable of moving around and I would be able to make more money with the low transfer fee's .
Yes I very strongly agree with your statement.
LTC is the best option for the transaction because the transaction costs are low.