You will all see the potential of Litecoin soon!
I see a lot of people creating fomo about Litecoin to get more people to buy coins and raise prices. But until now, I haven't seen anyone mention why it is a potential business while its value has plummeted in the past few months. Any reason for that?
I think people who invest in LTC are only interested in profit and not in the technologies that LTC is developing. I surveyed several members of the crypto community and they all wanted to make money from their investments. There really isn't much difference and I recommend you to be more careful about investing because LTC is a very risky investment at the moment.
You must be new here. Technologies and bells and whistles doesn't give BTC and LTC value. Once people realize this, it will be too late. Look at dinosaur Bitcoin.
Edit: I see you have a very old account. Surprising to hear this from you.
I tend to disagree. The catch is as of now, right or wrong, Bitcoin Cash and Bitcoin SV seem to be the real 'silver to Bitcoin Gold' that folks talked about in the past.
You can see that by value. It is unfortunate but seems to be the case, especially if you see Bitcoin SV's inflated value. Way to inflated value, IMHO.
So what is a person to think?
I do think that IF Litecoin actually does, as they say, have some stuff they are gonna dump on Github and just have not done so yet for code, and IF they do
get Mimblewimble out in an acceptable time frame. Not just drag it out with promises on either of the above. Then perhaps, Litecoin can finally break $100 or $200
and again act as an alternative to Bitcoin Cash and Bitcoin SV. The price however unfortunate seems to reflect this frigging dubious reality. I don't really get it either.
But with, at the time of this writing, Litecoin at $67.21 and Bitcoin Cash at $295.16 and I mean 'really'? Bitcoin SV at $132.07. Well, reality sucks at the present time.
I will give you your view, IF at least, Litecoin can consistently beat Bitcoin SV's price. Until that happens I too am befuddled at the Litecoin price with the above
coins, but it is what it is.
Brad