Litecoin Goes to ATH and 3 Billion Marketcap
If you read my blog its not a secret - i have always believed in LTC and i were usually day or two before saying here to buy it before it pumped. This time its no different.
Litecoin goes to 60USD+
It beat its 2013 ATH of 50USD+ and went to 62 USD.
It also passed 3 Billion USD marketcap which is another amazing number.
LTC beats Ethereum in Volume!
ETH after BTC is the most traded decentralized coin, XRP i put out of this since its based on different technology and usage (its banksters coin).
Litecoin Rocks in Fees
Currently its faster and cheaper to move money with LTC - by loads. If you wanna transfer coins to exchanges and such, use LTC and buy back whatever token you wanted to transfer (ie BTC).
Litecoin Markets
Korea and China are rocking it with a little of USD from Bitfinex keep in mind USA people shouldn't use that exchange anymore or get VPN..
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LTC compare to BTC, LTC has lower transaction fee to transfer and faster. But Steem comes with no fee and the speed, quick tranfers, split second. Both LTC and Steem reach a new mark this month.
Good point!
I'm a huge supporter of LT, hope to see it at 100$ in the near future.
If it helps (?) the language Clif High's webbot reports picked up have LTC making its way into three digits USD.
I guess we'll find out sooner or later.
Not going to doubt it
eight-five dollars by 12/31 of this year.
we hit 80 tonight.. i think maybe 120 buy 12/31
Go Litecoin, woot woot! I am a Litecoin believer. I wish I owned some. :p
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what's stopping you from gathering a few like minds in your community and owning some.
What do you think about eos?
Steem creator and EOS creator is only one person. And steem was created with no budget and only two person. While EOS now is backup by million of budget and group of people. So EOS will definitely rock the world.
really? but EOS keeps going down.
Buy it on the cheap!
EOS shanghai conference in september - look for $2 eos then
I see the price being much higher in the future, higher than it has ever been before.
Because they issue new tokens every day and will until the middle of next year.
I feel, it is going to be a giant in the long run.
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I agree. Litecoin and Steem could see a very bright future. Tomorrow's technology, today, is the way to invest.
look my post about waves. I think is interesing currency. It have LPOS , you can earn tokens leasing your waves
https://steemit.com/cryptocurrency/@superpako/waves-plataform-and-lease-cryptocurrency
Yes correct @cloudspyder! I have LTC coins... soon they will be in good rank like what happend now..
Interesting topic, I really liked your post!
LTC is the future.
There is one fact that I want to stress on your post: The fact that there is again Korea and China that are driving the market of cryptocurrency.
Bang on. Maybe the one weakness behind Steemit is that it has no Chinese following? Let me know what you think...
I would totally agree. The game is much different when you have a lot more people backing you.
no dont think that all will be fine
No the problem with litecoin is the fact that F2Pool still control more than 51% of total hashrate of litecoin and I think you know very well what does it mean for a cryptocurency
What does it mean (genuinely interested to know)?
51% Attack
What is often considered a very large flaw in the design of Bitcoin is that hypothetically, if a single entity contributed the majority of the network’s mining hashrate, they would have full control of the network and would be able to manipulate the public ledger (blockchain) at will.
It is an interesting concept because it is theoretically possible; the network is free and open, so if someone were to have enough computational power (which would cost a huge amount by itself), there is no bitcoin authority to stop them from doing so. In the event that such an attack successfully takes place, it is likely confidence in the currency would be lost and it’s value as a currency would decline rapidly.
Wait, they’d have complete control of the network?
Not quite. There’s only a couple things someone with 51% of the network hashrate could do. They could prevent transactions of their choosing from gaining any confirmations, thus making them invalid, potentially preventing people from sending Bitcoins between addresses. They could also reverse transactions they send during the time they are in control (allowing double spend transactions), and they could potentially prevent other miners from finding any blocks for a short period of time. That’s really about it – enough power to cause some serious mayhem (as that’s all stuff that isn’t supposed to be able to happen) but nothing that would seriously cripple the network – at least not immediately. They couldn’t reverse transactions from long ago, create new coins out of thin air (besides through regular mining), or steal coins from other people’s wallets.
In reality a 51% attack is feasible – especially with the rise of mining pools (groups of people mining together as a single unit). However the potential damage one could cause is small – though enough that it cause a panic that would seriously threaten bitcoin’s use as an online currency. At current network mining difficulty levels, not even large-scale governments could easily mount a 51% attack.
https://learncryptography.com/cryptocurrency/51-attack
and I think this will hold on for the near future. We will see additional countries are going all in crypto.
Which country would you like to see go fully on a crypto currency?
Of course all countries, but this will not happen for a long period of time. It would be nice to see it in small countries, because it will have the chance to unleash all of his potential.
It's always the
So?
I mean, what are the implications of your observation?
It seems about 70% of the investment behind bitcoin is Chinese. If steem relies on the background of steemit which is predominantly english speaking with some Korean support... steemit/steem is missing 70% of potential backing? Hope that makes sense...
That does make sense but English speaking countries tend to have higher incomes. How did you arrive at 70% of potential backing? Was it a pure numerical comparison?
ohh really i just watching long but in this last 10 days i knew some thing bigger happen 100$ easy to LTC or 600 journey is possible ?
nice
Totally agree. Big Litecoin fan. Scaled in when Charlie Lee left Coinbase to work on Litecoin full-time. He didn't disappoint. Now I'm up 40%. I'm hodl though. This interview hints at more good things to come for #LTC.
It's been going down slowly ever sense it hit it's high today. Think it will eventually be dumped or will it stabilize closer to the new high?
With its adoption and utility LTC deserves place #3. Time to overtake BCH and XRP!
Litecoin to the moon!
Bullish on Litecoin! It is the only altcoin I invested in for the long term, because Lightning Network will enable atomic swap whereby the faster and cheaper Litecoin transactions can be used to make Bitcoin payments when the network is congested.
Beside that Litecoin smaller, so new technologies can pushed trough easier. Litecoin and Bitcoin are no competition, but will be partners!
Good information friend @michiel
Are you holding any LTC? What does your portfolio look like?
I have close to 60, bought the first 30 at like 40$ then sold my 3.5 dash at a nice profit and sunk it into ltc at about 50$ so its looki g decent for me. I got ltc as a long term investment because of how stable it was (price). Super stoked i did, same with xmr.
🌕🚀
Nice one! 20% of my folio is in btc/eth, the rest in alts or ico's.
You have any other coins?
Ya i have a nice mix of things..wish i got into it earlier but, def. a step ahead still of the general public.