Is Litecoin Going to Take Off?
https://www.coindesk.com/litecoin-prices-hold-steady-near-50-bitcoin-locks-segwit/
I missed out on Bitcoin so I'm interested in all the cryptocurrencies like STEEM. I'm excited about accumulating it.
"Just a day after miners on the bitcoin protocol effectively agreed to upgrade their software to support a code change called Segregated Witness (SegWit), litecoin is trading at roughly $48, according to data from CoinMarketCap. The relative stability is notable given litecoin's price boomed on the news it would adopt the change, one originally designed to redefine and increase capacity on bitcoin.
Since litecoin's miners reached an agreement to make the upgrade on April 11, the price of the cryptocurrency has increased more than 300%, rising from $11 at the time to $48 now. That price is just shy of its all-time high of $53 observed in July.
The cryptocurrency's year-over-year gain is more impressive at over 1,000%. Litecoin was trading at just $3.79 on August 8, 2016 – a time when the protocol was struggling to determine its roadmap amidst an increasing array of competitors."
Interesting blog. Good to see I'm not the only one that is thinking about this. The price of a coin should depend on the quality of the product, the team behind it, if proffesional investors believe in it, and a lot more facets. I found this great website: https://www.coincheckup.com Since I use this site I make so much less basic investment mistakes. Go to: https://www.coincheckup.com/coins/Litecoin#analysis To watch Litecoin Investment and research analysis.
If you ask me - it's a great time to buy Litecoin, but that's not based on anything more than my true-belief in Charlie Lee and the infrastructure behind this somewhat-conservative crypto-currency.
For the people who don't want to take a lot of chances, but still want some occasional excitement - this may be your coin.
following you now brother
PS - When Bitcoin hit $2.00 people were saying "they missed out."
You didn't miss out on anything. All of this is in its infancy.
~JMD
you know i just wish the stuff was easier to buy
Litecoin is like my safety pot. Litecoin made me miss out on the latest investment wave but i still feel really good having them. It is almost impossible to find dirt on litecoin.
i wish i had more of it, following you now
I'm ltc futures trader. I think ltc market sentiment changed a bit. It seems more stable but rocket move would be barely seen.
hey i'll take stability, following you now
I feel that Litecoin offers a stable investment in crypto - but no big boom can be expected, as it will always be overshadowed by its big brother.