BTC is DYING, LONG LIVE THE NEW KING LTC

[oup59]

What do you think about the current LTC price boost considering Segwit activation and LN?

Can LTC climb to 30-35 USD rapidly before Segwit is fully activated this incoming week and then to its highest USD value (48-50) after SW?

If it does, can LTC stay on this level for good and stabilise or shall we expect the opposite?

I got into LTC trading just a little before it starts its current rally where its price was around 10-11 USD and actually made some profit which I took out of the table as real money is money in my pocket not on my coin accounting/exchanging/trading tables

Then I bought some more LTC with current (high) price. I noticed it may not be the best way to make purchases on an asset when it is on pump but SW and LN looks promising for me.

Currently I am on negative side and losing (virtual) money for this trade which is still very fresh (yesterday to today) and ongoing and I will not incur real loss unless I sell my LTC for a lower price then I bought. Actually a market price of 33-35 USD would be good enough for me to make my expected gains.

Also I am not after incredible profits but I just would like to get some extra money to make life easier for myself, my wife and our cat

So far, for crypto coin trading, I build a little, test a little and learn a lot.

Hope the best for all.

[aguila]

The slow transactions and high fees hurt BTC , the altcoins gained terrain and inertia  because of that

[Babyrica0226]

With the bitcoin rising there is space for an alt coin for microtransactions on net. And Litecoin has the look like a silvermoney in a game, and btc is the high value gold.

I think litecoin will rise so long btc would do this.

You had a point on it, Litecoin shows or stand as Silver money, and Bitcoin as gold. However, it is not because Litecoin increase more than the average of bitcoin increases does that means LTC surpassed bitcoin already, of course not! still the bitcoin prevails on top.

[666WOMAN]

So many different stats and opinions, i'm confused lol

[cdrking]

Don't make me laugh, btc will always be the king of crypto's.

[Ayers]

The slow transactions and high fees hurt BTC , the altcoins gained terrain and inertia  because of that

bitcoin don't have slow transaction, transactions are instant like all the other coins, onlyconfirmations require 10 min on average to confirm, but this was done because of orphan block, i would be curious to compare with other coins the amount of orphan block they have versus bitcoin, i bet it's much higher

[kiklo]

The slow transactions and high fees hurt BTC , the altcoins gained terrain and inertia  because of that

bitcoin don't have slow transaction, transactions are instant like all the other coins, onlyconfirmations require 10 min on average to confirm, but this was done because of orphan block, i would be curious to compare with other coins the amount of orphan block they have versus bitcoin, i bet it's much higher

BTC has an average of 3 orphans per day.
LTC has an average of 2 orphans per day.

LTC is better & faster. 

Zero confirmations don't matter, anyone can doublespend on a fool that does not wait the required confirmations.


 

[kiklo]

Don't make me laugh, btc will always be the king of crypto's.

BTC is almost over its 10 year product cycle, where a new product takes over.

I guess you still listen to music on your 8 track. 




 

[christie]

The slow transactions and high fees hurt BTC ,the altcoins gained terrain and inertia  because of that

yeah, I think this is the point

[thejaytiesto]

The irony on all of this is the fact that kiklo is one of the couple known anti segwit trollls that spend 24/7 posting segwit FUD, and the only reason that Litecoin is going up is thanks to segwit, because without segwit it would be yet another shitcoin, but now with segwit LTC is going to mars, and when LN is operative, it's going to pluto.

ShitWit has nothing to do with it.
LN is pretty useless on LTC, they don't have any transactions capacity issues to require offchain transactions.
Plus LN will require a banking license in the future, so for most it will be a complete waste of time.

Coinbase direct wallet is all that matters.


 

It's all about segwit dumbass. Why do you think Coinbase added LTC? because segwit sparked interest in LTC again after it was a dead shitcoin. Now thanks to segwit, Lightning Network developers will move there.

LN will not require shit, stop the FUD and kys.

[KesoNie]

lol, bitcoin has the highest value among all other cypto currency , among all coins it has the highest satisfactory rate and it has many investors, as time goes by bitcoin increases its value more than before.