Post
Topic
Board Altcoin Discussion
Re: How far will Litecoin go?
by
laurencef34
on 01/03/2019, 06:42:54 UTC
Litecoin still has monumental potential when the fomo train departs again even though the investment is considered to be slow and stable. Litecoin is one of the best performing crypto assets.
The question is, how far will Litecoin go?
Value of Litecoin is expected to go much higher(atleast 2x times) than where it is today because its transactions per second are 4 times higher than that of Bitcoin. Also, the lightning network is on its way for efficient micro-payment transaction purposes while with its atomic swap, there will be seamless transfers between Bitcoin and Litecoin. It also received the technological upgrade that the developers have unanimously wanted to integrate into Bitcoin (Segwit). Its average Transaction Fee for Bitcoin is $3.42 where as for Litecoin it is $0.25. Way too cheaper than btc! Finally, block Time for Bitcoin is 11.0 minutes but for Litecoin is 2.8 minutes...Better get going now as I resume monitoring my live trading sessions. Cheers!