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RE: Will Litecoin finally breakout above $50?
If it breaks out, what's your price target in terms of market valuation for #litecoin versus #bitcoin & #ethereum? Right now LTC is relatively small in comparison to the latter two. Then again, BTC and ETH are the giants of the #cryptocurrency markets right now.
I'm still nervous about the bitcoin adoption of SegWit2x. I know Charlie Lee thinks they can coexist, but the speculators might go running after the August 1st date. The MIT "news" from yesterday has me wondering what's going on. Not too excited about it though, considering Charlie Lee doesn't even seem to know what it's about.
With Charlie Lee being the Director of Engineering at #coinbase, it seemingly offers an additional layer of transparency as far as #litecoin developments are concerned moving forward.
He left coinbase recently to focus all of his attention on Litecoin. I think that's gotta help.
Thanks for that update. I wasn't aware that he had left Coinbase. His full time attention to #litecoin further illustrates his commitment. Will be interesting to see how it fares versus bitcoin and ethereum in the months and years ahead.