The "Silver to Bitcoin's Gold" has been out of the spotlight for quite time. I'm surprised this is happening with LTC since worthless coins like Dogecoin and SHIBA are getting all of the attention in the mainstream world. Unlike the aforementioned coins, Litecoin with only 84 million coins that will ever exist. One thing for sure is that Litecoin is faster and cheaper than Bitcoin. If DOGE went all the way from being worth nothing all the way to nearly $1 per coin, then Litecoin can do much more than that.
Last time I've checked, LTC developers announced the "Mimblewimble" privacy technique. I don't know if it's already been implemented since I haven't been catching up with the project's progress. Adding new features to a Blockchain should make the underlying cryptocurrency soar all the way to the moon. Yet, nothing is happening as LTC remains stagnant in price.
Am I missing something here? What do you think may be the cause of Litecoin's stagnation? Will it have a future? Do you think it is worth buying and holding for the long term just like Bitcoin? Your input will be greatly appreciated. Thank you very much.
Last time I've checked, LTC developers announced the "Mimblewimble" privacy technique. I don't know if it's already been implemented since I haven't been catching up with the project's progress. Adding new features to a Blockchain should make the underlying cryptocurrency soar all the way to the moon. Yet, nothing is happening as LTC remains stagnant in price.
Am I missing something here? What do you think may be the cause of Litecoin's stagnation? Will it have a future? Do you think it is worth buying and holding for the long term just like Bitcoin? Your input will be greatly appreciated. Thank you very much.
I don't know if it will have a bright future but I use it intensively for a single purpose.Usually there are some sites where they let you work and invest online and these sites prefer a lot Litecoin to Bitcoin as a payment option and in those sites I use Litecoin to deposit as it is the preferred method there.Litecoin is really fast and now that I recall I also used it when I used to play slots daily because of really low fees compared to other major coins but I have quit gambling now.