Post
Topic
Board Speculation (Altcoins)
Re: Sleeping giant is awakening?? LTC back to $50 now ??
by
iamnotback
on 30/03/2017, 21:09:26 UTC
Quote from: anonymous
1. other CCs have Segwit
2. Segwit/LN isn't scaling
3. Segwit isn't LN now

Those 2 cents altcoins are irrelevant. Litecoin has the status to be the silver to Bitcoin's gold.

LN will provide scaling but in the form of private banks fractional reserve banking. It is scaling, but semi-centralized with settlement back on the blockchain.

sure but regular man will be able to use ETH DASH... LTC is another Chinaman currency.
Once ETH will adopt LN and stuff like that i don't see LTC becoming that "silver"

Ethereum's Raiden which is a LN clone will likely be ready sooner, but Ethereum doesn't have the same security (due the hacks possible with its scripting and willingness of community to do HFs) as Bitcoin and Litecoin with more mining as it scales up to 1/5 of Bitcoin's marketcap. Ethereum is in a different market of doing more applications with blockchains, not just payments.

There is a reason that Scrypt ASICs were made. This plan for Litecoin has apparently been made a long time ago. Some smart people had foresight.

If i were bag-holder i would sell today 80% Cheesy

I posit that LTC is changing from weak, tired hands to strong hands who know the real value proposition. Once the weak hands are out, then we continue skyrocketing upwards.

Half of the entire marketcap of LTC was traded today. I've never seen that happen any where.