Quote from: Abiky on March 20, 2024, 09:40:54 PM

Quote from: mindrust on March 19, 2024, 12:54:18 PM

See this?

This is how the real world adoption looks. Litecoin has been dominating the crypto payments. It is the ultimate crypto currency till it becomes a store of value coin like bitcoin.

This screenshot above guarantees that litecoin will always have a price support no matter what happens. It is because it solves a real world problem. People really use it to buy goods. BCH was supposed to be like this but guess what, LTC is better than BCH.

Couldn't agree more with you, mate. LTC is and will always be better than BCH. Nobody wants a direct fork/clone of Bitcoin pretending to be the original cryptocurrency. People want something different that focuses on real use cases than anything else. Despite the fact that LTC is similar to BTC, it has a few things that makes it special. The slightly-higher supply of 84m units, a different PoW algorithm, a smaller block time, and the Mimblewimble privacy feature makes LTC a good BTC alternative. On the plus side, it isn't "owned" by institutional investment companies (BlackRock, MicroStrategy) nor governments.

If people knew LTC's potential, it would've reached a new ATH by now. At least, prices are relatively-stable. With most crypto exchanges supporting LTC, nothing can go wrong. Maybe it's a "hidden gem" waiting to blossom someday? Cheesy

LTC will eventually get owned by Blackrock and there is already a Grayscale Trust for LTC which is called LTCN. I check the litecoin subreddit occasionally and it seems there is also a litecoin ETF on the way which is about to get accepted by the SEC. So, these are probably the last moments before you can acquire them cheap litoshis. It is already showing signs of a breakout btw. Recently ltc went as high as $105. Sooner or later it will meet its ATH again but ltc's main problem is that there are too many shitcoins competing with it.

It is always the same game. When ETH was $9 nobody wanted it, when it went above $1000 everybody wanted it. Still though, as long as you keep your cool and hodl, you'll get rewarded for your patience.

I am actually DCA'ing LTC for some time instead of BTC because I see great value here.