Topic: Will Litecoin (LTC) dominate Bitcoin(BTC) (Read 1128 times)
LTC can surely beat ETH but not BTC
I don't think Litecoin will dominate bitcoin.
It is literally not possible at all.
Because everyone has adopted Bitcoin.
But Litecoin is a good alternative of bitcoin.
It price can go up to 300$ at least.
Believe me, that will never dominate the bitcoin especially if the softfork of bitcoin goes successful, the more people will leave from litecoin and try to use the bitcoin again as the primary crypto in the future. It is literally not possible at all.
Because everyone has adopted Bitcoin.
But Litecoin is a good alternative of bitcoin.
It price can go up to 300$ at least.
Why do we need litecoin if the bitcoin will have given the same spesificatio with it.
No cryptocurrency can ever topple Bitcoin or overtake it in terms of market cap simply because BTC was the pioneer of all cryptocurrency and the 800+ altcoins are simply a clone of it with little to no technical improvements. On top of that, more than 80% of the network hashrate has signaled for BIP 91 which meant that Segwit2x is due to be implemented in the near future. In other words, BTC have a very bright future ahead.
I don't think Litecoin will dominate bitcoin.
It is literally not possible at all.
Because everyone has adopted Bitcoin.
But Litecoin is a good alternative of bitcoin.
It price can go up to 300$ at least.
It is literally not possible at all.
Because everyone has adopted Bitcoin.
But Litecoin is a good alternative of bitcoin.
It price can go up to 300$ at least.
Dominate? hardly.
Potential to go up? more likely.
https://www.coingecko.com/en/price_charts/litecoin/btc
But if the segwit upgrade take place smoothly, expect LTC to take some short term hit.
Potential to go up? more likely.
https://www.coingecko.com/en/price_charts/litecoin/btc
But if the segwit upgrade take place smoothly, expect LTC to take some short term hit.
Litecoin is great crypto currency and it is having a lot of attractive features, which make it one from the best altcoins nowadays. But considering it will dominate Bitcoin, i don't think so. Bitcoin still the best and the strongest crypto currency and i believe all the altcoins depend on it.
I do not think that will happen either,the chances of that happening are very low,perhaps at first that would have been more likely to occur because these were much less altcoins on circulation but if the dev or devs stays active or the community grows they will have more opportunities.
Litecoin is great crypto currency and it is having a lot of attractive features, which make it one from the best altcoins nowadays. But considering it will dominate Bitcoin, i don't think so. Bitcoin still the best and the strongest crypto currency and i believe all the altcoins depend on it.
I think there is more about LTC;
- This coin was -not- created by accident...
- Also no coincedince that Charlee Lee, did go to Coinbase as CEO and "left" LTC...
- I also think there "is a reason" why LTC didn't go up for a long time... (on purpose)
- Segwit is allready active and what will be next (MIT)
- Charlee Lee left Coinbase by now and returns to LTC (yeah sure, coincedince...)
- If you use LTC, you will see the transactions are VERY fast now! (few sec. and lot cheaper than BTC)
- Antminer did come up with the Antminer L3+ (They only produce if there is money...)
So if I count ALL this....
There is something huge coming and the LTC blockchain is going to be fully used, not just by a small number of users.
Well, this is just all my opinion
- This coin was -not- created by accident...
- Also no coincedince that Charlee Lee, did go to Coinbase as CEO and "left" LTC...
- I also think there "is a reason" why LTC didn't go up for a long time... (on purpose)
- Segwit is allready active and what will be next (MIT)
- Charlee Lee left Coinbase by now and returns to LTC (yeah sure, coincedince...)
- If you use LTC, you will see the transactions are VERY fast now! (few sec. and lot cheaper than BTC)
- Antminer did come up with the Antminer L3+ (They only produce if there is money...)
So if I count ALL this....
There is something huge coming and the LTC blockchain is going to be fully used, not just by a small number of users.
Well, this is just all my opinion
Agree 100%. I have said it before that the Litecoin team seems to keep information tightly held. They did announce a path for 2017 and beyond, but other than that, there haven't been any "big" announcements - and you KNOW they've had to have been working on something major.
I think it's a good idea to have some Litecoins in your coin portfolio. They are pretty stable, much more than Bitcoin and offer a save haven when you want to jump from one altcoin to another. I've switched from Bitcoin to Litecoin a number of times when Bitcoin was in a downtrend. Why not to fiat? Because I don't like it 
Bitcoin will be just as good as LiteCoin when SegWit and the Lightning network is in place. Why do you want to replace Bitcoin with anything else? Bitcoin can cannibalize any good Alt Coin code and SegWit was actually coded for Bitcoin, but LiteCoin just incorporated it earlier, because they did not need to go through a battle with competitors like Bitcoin did with BitcoinXT and lately, Bitcoin Unlimited. {BugCoin} 
There are a few things which we shouldn't forget
First, SegWit is so far pretty much irrelevant for Litecoin (as well as Lightning Network, just for the record), so anyone claiming that Litecoin grew because of SegWit specifically likely doesn't know what he is talking about. SegWit activation in Litecoin has shown that it is a robust coin that can evolve along with the requirements (in fact, even ahead of them). Further, SegWit is still mostly a crutch itself, it is an interim solution which should allegedly solve, or rather postpone the scalability issues that Bitcoin now faces, and then it took so much effort and pain to get it activated (and we are still not there yet)
Bitcoin will be just as good as LiteCoin when SegWit and the Lightning network is in place. Why do you want to replace Bitcoin
with anything else? Bitcoin can cannibalize any good Alt Coin code and SegWit was actually coded for Bitcoin, but LiteCoin
just incorporated it earlier, because they did not need to go through a battle with competitors like Bitcoin did with BitcoinXT
and lately, Bitcoin Unlimited. {BugCoin}
with anything else? Bitcoin can cannibalize any good Alt Coin code and SegWit was actually coded for Bitcoin, but LiteCoin
just incorporated it earlier, because they did not need to go through a battle with competitors like Bitcoin did with BitcoinXT
and lately, Bitcoin Unlimited. {BugCoin}
Any hopes of Litecoin to replace bitcoins are gone and buried because there is no more hard fork and only Soft fork will be implemented and BTC transcation will be faster and cheaper just like Litecoin. But since bitcoin is vastly accepted and used, there is no chance of litecoin to even come close to bitcoin.
I don't think LTC will dominate BTC (and there is no need to)
But both coins will do their job well.
But both coins will do their job well.
I don't see any chances for Litecoin to take over the position of Bitcoin as leader of Crypto-currency for now, as the demand in market for Bitcoin is much higher than Litecoin, even main media-stream have been focusing their reports on Bitcoin instead of Litecoin, so obviously most people will invest their money on Bitcoin at the moment.
But it will return to normal price $7.5 (and volume) as fast it was up.
LOL!
Bitcoin will be just as good as LiteCoin when SegWit and the Lightning network is in place. Why do you want to replace Bitcoin
with anything else? Bitcoin can cannibalize any good Alt Coin code and SegWit was actually coded for Bitcoin, but LiteCoin
just incorporated it earlier, because they did not need to go through a battle with competitors like Bitcoin did with BitcoinXT
and lately, Bitcoin Unlimited. {BugCoin}
with anything else? Bitcoin can cannibalize any good Alt Coin code and SegWit was actually coded for Bitcoin, but LiteCoin
just incorporated it earlier, because they did not need to go through a battle with competitors like Bitcoin did with BitcoinXT
and lately, Bitcoin Unlimited. {BugCoin}
I think there is more about LTC;
- This coin was -not- created by accident...
- Also no coincedince that Charlee Lee, did go to Coinbase as CEO and "left" LTC...
- I also think there "is a reason" why LTC didn't go up for a long time... (on purpose)
- Segwit is allready active and what will be next (MIT)
- Charlee Lee left Coinbase by now and returns to LTC (yeah sure, coincedince...)
- If you use LTC, you will see the transactions are VERY fast now! (few sec. and lot cheaper than BTC)
- Antminer did come up with the Antminer L3+ (They only produce if there is money...)
So if I count ALL this....
There is something huge coming and the LTC blockchain is going to be fully used, not just by a small number of users.
Well, this is just all my opinion
But it will return to normal price $7.5 (and volume) as fast it was up.- This coin was -not- created by accident...
- Also no coincedince that Charlee Lee, did go to Coinbase as CEO and "left" LTC...
- I also think there "is a reason" why LTC didn't go up for a long time... (on purpose)
- Segwit is allready active and what will be next (MIT)
- Charlee Lee left Coinbase by now and returns to LTC (yeah sure, coincedince...)
- If you use LTC, you will see the transactions are VERY fast now! (few sec. and lot cheaper than BTC)
- Antminer did come up with the Antminer L3+ (They only produce if there is money...)
So if I count ALL this....
There is something huge coming and the LTC blockchain is going to be fully used, not just by a small number of users.
Well, this is just all my opinion
LOL!
I think there is more about LTC;
- This coin was -not- created by accident...
- Also no coincedince that Charlee Lee, did go to Coinbase as CEO and "left" LTC...
- I also think there "is a reason" why LTC didn't go up for a long time... (on purpose)
- Segwit is allready active and what will be next (MIT)
- Charlee Lee left Coinbase by now and returns to LTC (yeah sure, coincedince...)
- If you use LTC, you will see the transactions are VERY fast now! (few sec. and lot cheaper than BTC)
- Antminer did come up with the Antminer L3+ (They only produce if there is money...)
So if I count ALL this....
There is something huge coming and the LTC blockchain is going to be fully used, not just by a small number of users.
Well, this is just all my opinion
But it will return to normal price $7.5 (and volume) as fast it was up. - This coin was -not- created by accident...
- Also no coincedince that Charlee Lee, did go to Coinbase as CEO and "left" LTC...
- I also think there "is a reason" why LTC didn't go up for a long time... (on purpose)
- Segwit is allready active and what will be next (MIT)
- Charlee Lee left Coinbase by now and returns to LTC (yeah sure, coincedince...)
- If you use LTC, you will see the transactions are VERY fast now! (few sec. and lot cheaper than BTC)
- Antminer did come up with the Antminer L3+ (They only produce if there is money...)
So if I count ALL this....
There is something huge coming and the LTC blockchain is going to be fully used, not just by a small number of users.
Well, this is just all my opinion
I think there is more about LTC;
- This coin was -not- created by accident...
- Also no coincedince that Charlee Lee, did go to Coinbase as CEO and "left" LTC...
- I also think there "is a reason" why LTC didn't go up for a long time... (on purpose)
- Segwit is allready active and what will be next (MIT)
- Charlee Lee left Coinbase by now and returns to LTC (yeah sure, coincedince...)
- If you use LTC, you will see the transactions are VERY fast now! (few sec. and lot cheaper than BTC)
- Antminer did come up with the Antminer L3+ (They only produce if there is money...)
So if I count ALL this....
There is something huge coming and the LTC blockchain is going to be fully used, not just by a small number of users.
Well, this is just all my opinion
- This coin was -not- created by accident...
- Also no coincedince that Charlee Lee, did go to Coinbase as CEO and "left" LTC...
- I also think there "is a reason" why LTC didn't go up for a long time... (on purpose)
- Segwit is allready active and what will be next (MIT)
- Charlee Lee left Coinbase by now and returns to LTC (yeah sure, coincedince...)
- If you use LTC, you will see the transactions are VERY fast now! (few sec. and lot cheaper than BTC)
- Antminer did come up with the Antminer L3+ (They only produce if there is money...)
So if I count ALL this....
There is something huge coming and the LTC blockchain is going to be fully used, not just by a small number of users.
Well, this is just all my opinion
As I see it, Litecoin is a very useful coin right now. Mucho more so than most alts. It is widely accepted, has a good value, exchanged in most (if not all) exchanges, and an excellent faster alternative to move Bitcoin. Many times you can send your money from one exchange to another using litecoin instead of just sending the BTC itself (which would have a higher fee).
I see it as silver too.
I see it as silver too.
- Litecoin was announced in 2011 with the goal of being the 'silver' to bitcoin's 'gold'. At the time of writing, Litecoin has the highest market cap of any mined cryptocurrency, after bitcoin.
The main difference is that litecoin can confirm transactions must faster than bitcoin. The implications of that are as follows:
- Litecoin can handle a higher volume of transactions thanks to its faster block generation. If bitcoin were to try to match this, it would require significant updates to the code that everyone on the bitcoin network is currently running.
- The faster block time of litecoin reduces the risk of double spending attacks – this is theoretical in the case of both networks having the same hashing power.
- A merchant who waited for a minimum of two confirmations would only need to wait five minutes, whereas they would have to wait 10 minutes for just one confirmation with bitcoin.
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