Post
Topic
Board Bitcoin Discussion
Re: LTC as the gateway coin for fast and cheap BTC transactions?
by
bitboy11
on 08/05/2017, 20:13:56 UTC
I'd say NO.

There were only 11,940 litecoin transactions in the last 24 hours. See this chart:

https://bitinfocharts.com/comparison/litecoin-transactions.html

Litecoin hasn't even reached the 20,000 transactions they managed in 2014, let alone take some of the overflow from bitcoin.

Haha I was going to buy some but when I saw that exact same thing I went... wait... why the hell would they even need segwit? Oh they don't? So why is the price 7x what it was a month ago...? Ah. 100% speculation. Just like the other shitcoins that are getting segwit for no reason since they have no transaction volume either. Wow very coin is getting segwit!? Great! Now they can handle the 942 transactions they have... a hahahahaha who cares.

All it means is that Litecoin has become even more efficient for future use and will probably not have a full block issue for years to come even with massive adoption.