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Title: Litecoin LTC Lightning network implementation. Post by: Kaamio on June 02, 2017, 07:57:39 PM Your thoughts?
What will it change? When is LTC ready for it? How does it affect the price? Relation to bitcoin after LN? Just to bring up conversation. Title: Re: Litecoin LTC Lightning network implementation. Post by: FOMOFish on June 03, 2017, 01:51:54 AM Lightning allows for scaling offchain low fee and instant transaction with the possibility of atomic swaps with coins that have segwit/lightning.
With or without lightning network, I have lost faith in Ltc/Btc ratio. I believe there is possibility we target the long term down trend again on the weekly and pump to 0.02 and then back down if not, then the Ltc/Btc ratio may continue its downward trend. Hopefully, it finds support on the daily 200sma around 0.006 - 0.007. If not it will go down to 0.002. I'm not confident enough with this scenario to short but I have closed all margin positions and sold some Ltc at 0.012, not all of it but 30%. I will repurchase lower. |