I've done very little research into this coin but I recall it having the same supply and blocktime and characteristics as Litecoin.
Since Litecoin has had its less-than-venerable idiot of a founder, Charlie Lee, depart, I feel like Litecoin is on the way down and coins will come to fill its place on the market.
Vertcoin is a natural since it's pretty much Litecoin.
Ignoring all of that type of nonsense, this is a 3-Day chart and it's in a giant bull flag after a breakout of a huge descending triangle. Willy 21 and stoch are super oversold and I feel another move up is incoming.
This coin is a hell of a buy at a $4 USD equivalent considering Litecoin was trading as high as $400.
Recommend highly taking profits at ~155k Sats, but assuming a break up to the 1.618 uptrace and a stop below the ramp line created by the breakout, we have an absolutely astonishing 29:1 Risk-Reward ratio.
This trade is a longer-term trade. Volume is still low on this coin. As it picks up, expect big moves.
== Stop the Organ Harvesting Persecution of Falun Gong Practitioners by the Chinese Communist Party
I think this is a good play, but, respectfully, I don't agree with your trashing of Charlie Lee. He's not a great promoter, but just watch Litecoin rule this year! it has a reverse head and sholders pattern. big future ahead. Charlie Lee can sit on his *ss, and it will still do fine. What a humble and great man, Charlie Lee! Charlie and me, just HODL litecoin!! Every smart person does a dumb thing. calling charlie lee an idiot was not your brightest comment.
RiversAndMountains
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@HONEYMAN8, Charlie Lee told his people during a pump to an amazing all-time high that the coin was going to $20. Then he sold all his holdings and exited the market. All he does is kiss Blockstream's ass and kowtow to Core.
I look down on him, although I respect your opinion and appreciate your feedback.
notify_send
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@RiversAndMountains, It is not that Charlie Lee sold them, it where his coins so he is free to do with them as he pleases. It is the fact that he told all his followers to "HODL" while he dumped his entire stack of Litecoin on his followers at all time highs and then went on to claim he dumped his Litecoin on his followers at ATH "for the greater good". At that point you are just a dishonest con.
OfficiallyBrady
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the quote that VTC got for Binance was 90,000 BTC to get listed... kinda ridiculous
RiversAndMountains
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@OfficiallyBrady, Lmao. What price was BTC when they quoted that price? I can only assume it was earlier in the year.
OfficiallyBrady
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@RiversAndMountains, like a month ago, i follow their sub reddit closely been in this coin since .30 cents usd.
and i meant to put an "in" up there sorry for the confusion... 90K usd in BTC***