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Author Topic: The reason why litecoin is growing  (Read 217 times)
Boosie
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December 21, 2017, 11:25:00 AM
 #41

LTCs transaction speed vs BTCs
The amount of uses LTC has as a dominating Crypto
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johnyespapa
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December 21, 2017, 11:44:50 AM
 #42

The main reason is transaction speed over BTC and Ethereum and nothing more.

jorinu
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December 21, 2017, 11:47:34 AM
 #43

I have read several articles claiming that Charlie Lee sold all his lite coin. If this information is correct, then maybe litecoin will not be developed anymore. I think the value of it will go down

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January 14, 2018, 05:50:16 AM
 #44

I have read several articles claiming that Charlie Lee sold all his lite coin. If this information is correct, then maybe litecoin will not be developed anymore. I think the value of it will go down

He did sell his litecoin but not because he is abandoning the project. Or because the project won't be developed anymore. He said recently that he did not want to be accused of influencing the price for his profit with his tweets: https://www.youtube.com/watch?v=Geiwb63nMYw Don't know if that is the only reason though.

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January 14, 2018, 06:13:53 AM
 #45

LTC has been sold by its founder, and I have lost confidence in this token. Maybe I will never buy LTC again.

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January 14, 2018, 06:16:08 AM
 #46

One of the reasons its seeing a pump right now again is because it appeared on CNBC fast money today with Brian kelly telling he bought some litecoin and him mentioning the reasons why he did that and why he thinks litecoin is a good currency.

The most interesting thing about Litecoin is its speed. In tests where one user compared the speed of coins being transferred from an exchange to a hardware wallet like Trezor, Litecoin performed best, transferring 23 coins in under 10 seconds. Businesses paying attention to Litecoin’s fast advancements on the payment front are increasingly adopting it into their own ecosystems as well.

The sad part actually is why it just happened now. Do we really need to see bitcoin grow first before this altcoins can also be seen.
It should be more valuable than what it is now and yet it being harassed to go back down.

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January 14, 2018, 06:28:53 AM
 #47

Litecoin is still growing because litecoin transaction is faster then any another coins like bitcoin and ethereum so that it is growing

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January 14, 2018, 06:30:39 AM
 #48

Maybe this is the time for litecoin have some increase over BTC so lag behind altcoin and ETH.

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jomz312
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January 23, 2018, 05:04:36 AM
 #49

The reason why light coin still grow because light coin has prove to be one of the most stable vertual currency and most of investors and user are believed.
Light coin is provide a faster and more efficient payments system than bitcoin,which has its value considered more as an investment than a currency.
Light coin are still up one of the best performing cryptocurrencies.
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