Out with the FUD - 5 Reasons to Buy Litecoin This February

According to a recent Twitter post, McAfee antivirus creator John McAfee WILL still eat his own penis on live television, if Bitcoin prices don’t reach $1 million by 2020.

Sending a shockwave of relief throughout the cryptocurrency community, McAfee’s words are a stark reminder why current price pull-backs need to be put in perspective. Much more importantly, with coins like Bitcoin and Litecoin at lows not seen since September, now is the time to buy, regardless of what market naysayers are saying.

We are in a revolution against the waning power of governments and bankers. Their only weapon is sowing fear. If you give into that fear, then it impedes and delays our inevitable victory. Cryptocurrencies are not crashing. They are bending against the impotent wind of the past.

— John McAfee (@officialmcafee) February 1, 2018

Profit Confidential is Still Forecasting a $400 Litecoin for 2018

It is becoming clearer by the day that much of the fear, doubt, and uncertainty, in the cryptocurrency market, is completely unjustified. February 1st, as a case in point, has seen money magazine Profit Confidential, reiterate that it still expects Litecoin to reach $400 over the course of 2018.

Citing Litecoin’s "Lighting Network" rollout as a game changer in regard to Bitcoin and Litecoin transaction costs, Profit Confidential is now even predicting that Litecoin may outperform Bitcoin as 2018 gets underway.

41% of all Bitcoin ATMs now also Support Litecoin

While a lot of people hate the idea of Bitcoin ATMs (BTMs) it’s highly likely that BTMs will increase exponentially in popularity in coming months.

When buying cryptocurrency from exchanges like Coinbase, customers have to endure lengthy ID verification processes. BTMs, however, dispense with all such formalities making Bitcoin (and now Litecoin) more easily available to regular members of the public.

More Apps Like CoinJar are Now Supporting Litecoin

Recently we reported on how Australian banks were clamping down on transactions to and from top cryptocurrency exchanges. It should come as no surprise, in this case, that Australian startup CoinJar, has decided to make buying, selling, and storing digital currency easier than ever.

Available worldwide as well as just Downunder, CoinJar has added Litecoin, Ripple, and Ethereum to its wallet and exchange app. This means that people who download CoinJar can now buy top digital currency coins easily and safely, using just their credit card.

NetCents Business Payment Processor now Supports Litecoin

In a move which would usually send Litecoin value skyrocketing, Vancouver business processing service NetCents just added support for Litecoin.

Providing fiat currency and cryptocurrency payment services to businesses, NetCents is one of only a handful of payment providers who make chargebacks on merchant payments impossible.

In short, despite chargeback fraud reaching epic levels in e-commerce environments, users of NetCents never have to worry about payments being reversed. Much more importantly, this means that Litecoin is now one of just a few tools which high-risk merchants can use to maximize profits and better protect their bottom line.

At Some Point this Year US Stocks will Flatline

All eyes might be on the cryptocurrency market at present. In reality, however, the biggest bubble in history will likely burst in 2018, right where most people least expect it to.

January 2018 has seen the U.S. Stock Market start losing traction, as U.S. And international investors start being spooked by the low dollar and the threat of impending interest rate hikes.

Current U.S. Debt liabilities of$20.24 trillion, can only be serviced by a stable dollar price coupled with near rock-bottom interest rates. This being the case, the minute interest rates rise, this debt becomes impossible to service and things will quickly escalate into all-out financial meltdown.

Of course, U.S. Dollar collapse musings are considered somewhat conspiratorial. In truth, however, US, UK, and European economies are burdened with more unserviceable debt than ever before in history. This being the case, it really is only a matter of ‘if’ not ‘when’ fiat currency values start to drop faster than Mt Gox era Bitcoin prices.