Topic: Could Litecoin Become a Targeted Coin After Bitcoin? - page 2. (Read 376 times)
Litecoin is a good coin and it certainly has the potential to be the alternative of bitcoin. Its currently just behind ETH in the price list. Who knows maybe one day it will even surpass bitcoin.
Litecoin is a good coin with all the qualities you have listed,for the minners,litecoin maybe their next target after Bitcoin but don't forget crypto is not just about minning,looking at others things,there are many coins with potential that will make it difficult to conclude that litecoin become a target after Bitcoin
What are those other bitcoin?
If difficulty of other altcoins increases and the only one that can be seen as a good coin to mine then miners would jump quickly to Litecoin for sure.
I'm not saying Altcoin like LTC is better than BTC. But if the BTC has run out to be mined, the miner will target another coin to be mined. Because we all know that cryptocurrency has a limited total supplyIf difficulty of other altcoins increases and the only one that can be seen as a good coin to mine then miners would jump quickly to Litecoin for sure.
That means that the miner must have a target coin that will be mined if BTC has run out and cannot be mined again.
Litecoin is another alternative option that is more promising than we have to choose a new altcoin or shitcoin and also better than we invest in ico. Indeed litecoin will not be able to compete with bitcoin, but litecoin is a viable asset to hold in a portfolio.
What are those other bitcoin?
If difficulty of other altcoins increases and the only one that can be seen as a good coin to mine then miners would jump quickly to Litecoin for sure.
If difficulty of other altcoins increases and the only one that can be seen as a good coin to mine then miners would jump quickly to Litecoin for sure.
I don't know because many other coins can be a potential coin after bitcoin. Besides that, litecoin is under ethereum for the price, and it needs time for litecoin to increase higher. I agree that litecoin has a fast confirming in the transaction and it no need to takes a long time to receive litecoin in our wallet. Maybe in the next years, the litecoin price will go up and can compete with the other expensive coin. The last higher price is at 2017, and we are not seeing the higher price of litecoin in this year, so we still have much time to see the litecoin price increase.
I see the popularity of one of the altcoins that are no less good than bitcoin and is very possible in the future to be invested in litecoin. If you see how Litecoin appears, you will find that Litecoin was created as a second chance for those who cannot invest in Bitcoin or use it. Currently, Litecoin is able to make transactions faster than bitcoin, with block confirmation time only taking 2.5 minutes, which is four times faster than bitcoin 10 minutes.
Litecoin is also similar to other bitcoin and cryptocurrency, there is a maximum and minimum Litecoin limit that will be available. If bitcoin has 21 million coins that can be mined, while there are 84 million Litecoin that can be mined in the next few years. And of course, this will be the target of crypto miners in the years to come after bitcoin was taken out by the current miners.
Litecoin is also similar to other bitcoin and cryptocurrency, there is a maximum and minimum Litecoin limit that will be available. If bitcoin has 21 million coins that can be mined, while there are 84 million Litecoin that can be mined in the next few years. And of course, this will be the target of crypto miners in the years to come after bitcoin was taken out by the current miners.
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