Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Litecoin - a lite version of Bitcoin. Launched!
by
zahidmoon
on 23/08/2021, 07:09:15 UTC
After the chinese shutdown the hashrate is passed to 128 th from 330 th .This means that 60% of LTC's hashrate was in China. I'm glad to know that the Chinese have missed this other great opportunity. The network works great and the dear and old L3s meet the needs in a big way. What to say: thanks china and thanks coblee.
in the result of Chinese GOVT crackdown price fall only because of the hashrate drops and on low electricity more reward. its not good for the litecoin but by my point of view i think the ban will lift like before
right now litecoin is on number 13th on CMC its not even in top 10 cryptos right now its disappoint me
It' s just a metter of time
what you mean by just a matter of time, rake down on CMC is considering loss of those who invested in litecoin and still holding for long term but yes in future litecoin could be again rank up and we may able to litecoin again in top 5 crypto on CMC.
If they consider better to invest their dollars in Solana or Chainlink is better they can, but i think Ltc is another story.
yes LTC is very different from Solana and chainlink. these two may have have very bright future but ltc is old and unique after BTC. when btc have bullrun then ltc will definitely follow btc price. and by my point of view ltc price will pump huge in coming days because btc is again cross 50k Dollars.