RE: Day 16 update of the LITECOIN SegWit Network Vote (signalling) - to decide to fork to big changes....watch the voting here (see link) + BTC/LTC Comparison Chart! (SERIES)
I have been talking and listening to a few knowledgeable people in the Crypto world about this matter and most agree that Litecoin is one of the few altcoins that will survive in the future due to its unique relationship with Bitcoin. And if this softfork comes about and proves to be successful then it will pretty much secure its future.
And yet, as you say, it is all quiet on the western front.
Why is that?
I think the reason for this is two things.
First, the majority of traders are impatient and are driven by the "quick buck" mentality. Thus they will only jump on board with Litecoin if and when they see a movement. A day in crypto-trading can feel like a week.
Long term patient traders like myself who play the long game are prepared to wait and are invested in Litecoin anyway because they know it is stable
Secondly, Litecoin was one of the first altcoins and since then there has been an an explosion, so generally people see it as boring compared to alt coins such as Monero. This will change as time goes on when the majority of alt coins begin to vanish into the sunset.
Thanks for the update Barry, always appreciated.
I agree with all your points, literally word for word in come cases.
-- and though I am newer to all this than many people.... I have worked very hard to get to know the basics and what is going on. LTC continues to sail along doing it's thing, being functional, never too high.... never too low and with a ton of volume moved, used by people and traded every day.
To me, that is currency.
TY very much for taking time for some great comments as always AA. I do appreciate it.
Always enjoy your posts Barry.
Great job you are doing and you always get 100% of my voting power
Thanks. I do appreciate you.
@fyrstikken asked for community people to try a project with him to UV everyone, at 1% for awhile, because of the voting and rewards issues here, so I joined him for awhile as he runs this bot.
I imagine many people are upset at seeing my 1% votes but I am having issues in life many do not care about and this helps him while I spend time offline as it happens here and there with my health issues.
I see, that is interesting not heard about that.
I worry about your health Barry, I hope you are getting enough sleep these days.
Body cant heal without enough sleep. I learned that the hard way.
As always, take care my friend.
The LSS is no on that. And has been for awhile, I know the damage lack of clinical/proper sleep - believe me.
I relly appreciate the concern man. +1