Quote from: farhaan on December 13, 2017, 11:42:58 PM

Quote from: BitcoinNewsMagazine on December 13, 2017, 07:13:24 PM

Have you checked out the price of litecoin recently? It is now no. 3 in exchange volume behind bitcoin and ether because transactions fees are cheap. A $25 bitcoin transaction fee is only 25 cents using litecoin. Whenever I have to send a payment I try to use litecoin if possible until LN is working.

I think that it would be the best possible way here after to avoid such higher fee.Lightning ntwork is in its beta stage and we could soon hope for it to get activated.

Litecoin also have essentially a 4 times bigger block size and about 1% of the the transactions, so yes LTC should be cheaper and faster to use than BTC.
Unfortunately though, LTC will never be as big as BTC. It offers no real technological advancement, it is Bitcoin x4. If Bitcoin fails, Litecoin will fail too, 100%.

Bitcoin needs to get it's house in order if it will ever be a viable currency, but then I really don't think that 95% of people even care about that, they just want something to speculate on.