Brace yourselves who ever is HODLING Litecoins right now. It can be anytime now till the https://litepay.us will start opening registrations to get your Litepay card by February 26th! And I am really getting hyped for this card to come up so I can register mines. Anyone reading this looking forward to this and holding several LTCs?
Basically what this card will do is to make it easy for a lot more merchants to accept Litecoin payments using this Litepay Debit Card whenever VISA is accepted which is almost all the stores in the US/Puerto Rico in existence as far as I know.
It will convert Litecoin payments to US Dollars with the price where its worth at the time of purchase negating all volatility... this is HUGE!
You can basically load up the Litepay card from your Litecoin wallet and each purchase you make will be deposited and realized in your bank account.
And to think by the end of this month, these cards will be sent out to everyone who registers for it!
There is also Litepal coming up as well which is supposed to be the Litecoin wallet version of PayPal. Sounds awesome as well and I will give you more info on Litepal once I know more about its functions but it seems it will be very similiar to PayPal.
So yeah I am holding all my LTC till that moment so I can see how Litepay does in action! I am hoping for positive results out of this.
How high I think LTC can go after Litepay launches? I would say between the $300-500 short term if all goes well.^^ Long term, can be anyone's guessing! SUPER HIGH BULL RUN or... SUPER LOW BEAR RUN xD (cough Tether cough ) Depends if Litepay works great everywhere like it was meant to do.
BUT even if this is NOT financial advice, but if I were you, I'd look up Litecoin and do solid research now if you have not already. If you know about Litecoin and can purchase more... DO SO NOW BEFORE ITS TOO LATE XD But in the end, you make your final decision. But that's what I am doing.
So get ready guys! Litepay is to be out any day now! What do you guys think about this? Comment below! Upvote this post if you find this of value and resteem this so everyone can be informed of the upcoming Litepay, especially those holding Litecoin. This is certainly something to look forward to!
Until next post, when LITEPAY is released, I will write another blog on this. Take care and God Bless! Bai bai!