Post
Topic
Board Altcoin Discussion
Re: The fate of Litecoin
by
talkbitcoin
on 21/07/2017, 10:29:06 UTC
With the upgrade being locked in with BTC, what do you think the future of LTC price will be? Why would anyone use LTC when Segwit was the one advantage that it had over BTC?
future of LTC price is a bit different from the "advantages" as it usually is with most altcoins. you can see ethereum with lots of problems and a lot of bugs still has high value! and it has 0 advantage over anything!

LTC has been around for a very long time and all this time it has kept up a very high volume, a very healthy network, an active developer team, and a high price ($4+ for the most part).
i don't see why this has to change. LTC will continue as it was if not better with all the additions.

Quote
Was thinking about maying trading my LTC stash in for BTC or ETH.
that is a different question then.
LTC-BTC price is going down while LTC-USD is rising. so far 0.017BTC and this shows this coin has some potential for rise. if you have some LTC and wanted BTC you should have sold when it was above 0.02BTC before the bitcoin rally. now it is late and unless bitcoin goes above $3000 i don't think LTC-BTC will go any lower.

as for selling LTC to buy ETH, that is your decision. i would not do it at the moment with the recent huge ETH hack there is a lot of dumping going on.