Post
Topic
Board Altcoin Discussion
Re: What about Litecoin?
by
Abiky
on 03/06/2021, 14:13:51 UTC
Dogecoin didn't go out and ask Elon to promote doge, nobody did, it wasn't really something people could do, you could reach out to Bill Gates today and ask to get litecoin promoted and you will get absolutely nothing at all. Which is why I think it is quite important to realize it was all organic and it got hyped, hell even if Elon promoted doge it may not be interesting to anyone and could have gone unnoticed who knows, it is a lot of luck involved.

Litecoin may not have something like that at all, litecoin was never something too hyped or too loved, it is something old and has been around for a long time, probably oldest coin after bitcoin that is still at top 20 levels, and that is why it is getting attention, otherwise it is totally useless. Hell even the creator or founder or whatever he is Charlie ended up selling his litecoin when it went up, that's how much it is cared.

That's certainly true, mate. Litecoin is one of the oldest cryptocurrencies on the market right now. Dogecoin is the same, but somehow, it has brought the attention of popular figures like Elon Musk and Mark Cuban. That's odd considering that DOGE was created as a joke than a serious cryptocurrency for day-to-day payments.

What makes Litecoin better than Dogecoin is its scarcity. Only 84 million LTC will ever exist, making it as good as Bitcoin. You can use LTC both as a store of value and digital cash thanks to the way it was designed. I'm glad to know that developers are still working on the Litecoin project to make it stand the test of time. The recent "Mimblewimble" announcement, tells us that Litecoin isn't going anywhere. I hope that someday people will notice Litecoin's true benefits over Dogecoin, as crypto/Blockchain tech becomes mainstream. Just my thoughts Grin