Quote from: mammon on August 03, 2018, 02:49:48 PM

Well, it seems some people think Litecoin is going to go up soon. I don't see that...

LTC has done nothing within the latest bull run in BTC, check it and you will see LTC is going to hit even newer lower lows! (in the make right now)
And nobody ask themself; How is it possible the Charlie Lee sold -his- LTC on exactly the LTC highs and from that point LTC dropped like a brick.
I am sure this guy was -told- to sell!

This will go lower and some very big boys will keep buying LTC for bargains till the end of this year and even next year.
I think this -party- is going for an 51%+ in LTC and also behind the bank that LTC has bought in 9.9% (with Bitpay(?) also 9,9%)

Maybe I am wrong, but what is going on is the creation of a new "financial instrument" in what LTC has the big role.
Make sure you have also 51%+ of the hashing power and you can consider LTC -yours- with full control.

Combine this with a payment processor and the Lightning network of LTC and this "new product" is able to compete with Visa and is ready for millions and millions transaction a day. Who gets ALL these fees... Wink

And that is also why a Bank is needed. Users in Crypto are low, bent your product for use on other markets and you have mass acceptance without "the people" know there are using Crypto\Blockchain.
At the frontside you can name this whatever you like. You can even call it "Euro" or "Francs" for even quicker acceptance.

I think BCH is walking the same line, but here is Bitmain the one and BCH has chosen to create big blocks instead of a Lightning layer.
Technically it will be able to do the same, only chosen a other solution.

Maybe I get it wrong... Time will tell.

I support you, there is definitely a pattern that indicates that the profit is received by people who are aware of what is happening, hence it can be concluded who it was profitable. Now LTC is one of the tools to achieve the goals.