Quote from: bryant.coleman on December 23, 2020, 07:47:52 AM

Quote from: takngantuk on December 23, 2020, 07:07:21 AM

yes, I hope bitcoin dominance can drop to 60%. This would be good not only for Litecoin but all the altcoins on the market would be affected. Currently LTC is in a good condition. and if bitcoin stops rising. This will be a great opportunity for Litecoin to return to ATH.

The current spike was resulted solely from Bitcoin and the altcoins don't have any role in the bull run. And this is the reason why the Bitcoin dominance rose from 57% to 68% in less than three months. I won't be surprised if the Bitcoin dominance increases to 80% or above in the next few months. Altcoins survived for so long, but their time is up. Users don't want to invest in coins without real usage.

Litecoin's value proposition:
High liquidity & on every exchange
number 2 supported on ATMs
350m @PayPal users
$104m @Grayscale LTCN trust
99% Scrypt hashrate dominance
MWEB fungibility/privacy
Low fees & fast txns
$500b+ value transferred
9+ years w/ zero downtime

https://twitter.com/SatoshiLite/status/1340864115628130305?s=20

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