Litecoin. A phenomenon. A copy of Bitcoin, slightly modified, the number 2 marketcap-wise. Was heavily pumped by the Chinese at some point, up to $50 +. Yet now, in the year of 2016, Dr. Emmett Brown reminds us that the Innovation Wave of cryptographic technology and decentralized applications is becoming an exciting and defining new trend. Back to the future, we have before our eyes a wave of innovation that will bring about changes that have never been possible before. Can archaeological technology survive in this storm of unprecedented change? Will it be blasted off to extinction by new social phenomena of digital applications that will for the first time ever change social structures on a deeper level?
It's hard to tell. If ethereum and smart coins are proven to be able to scale and work as they say they will then perhaps LTC and BTC will need to adapt or sink.
However, the most savvy people on this board are saying it is unlikely that these new coin will be able to scale for mass usage so we will have to see.
If they are all just fantasies that will not work once put to the real test then no LTC and basic coins will not be crushed by lack of gadgets they may be crushed by lack of marketing though.
Nobody knows. Hedge your bets.
BTC will make a big come back if they make changes most are calling for right around the time of the halving. I am hoping for +1000 usd prices again. Not because i have many btc but rather because the huge price jumps always attract more interest in crypto.
