Show Posts
Anybody knows why litecoin grows so fast? It all looked like it was dead and know it seems that its alive.
how did you conclude that it was dead?
- litecoin has had a very stable price for a very long time. it was worth $3.5 for the most time and fluctuated from $3 to $4 for the past year.
- litecoin has a lot of users and a lot of Full nodes for a very long time.
- it is constantly improving and it has a good developer team.
- there actually are some real world usage for litecoin although they are not that many.
- the trading volume has always been very decent and high.
now how do you call such a coin as dead?!!!
with all that said, what is happening now is a pump and it always happens in all the altcoins, they get pumped and their prices go up in 4-7 days then they come back down to normal price levels.
I simply call it dead because for almost three years nothing happened in price. It didnt allow to gain and such period in cryptocurrencies is almost eternity. Stable price is not precoius for today. It may be in couple of years but today majority of people wants to make money. We will see how long will this pump last
Could tell me about any improvemnts? I know only about segwit but it still isnt active. For example monero dash or ethereum are constantly improoving but i dont know anything about ltc so i would be grateful for some news
