Litecoin Breaks 100 USD. Unreal.
For those that have used Litecoin before, you know how easy it is. Transactions are basically instantaneous, and fees are very low.
This is not intended to be investment advice, so invest at your own risk, but in my opinion Litecoin will continue to rise and it might be worth scooping one or two up.
The Litecoin blockchain is capable of handling higher transaction volume than its counterpart - Bitcoin. Due to more frequent block generation, the network supports more transactions without a need to modify the software in the future. As a result, merchants get faster confirmation times, while still having ability to wait for more confirmations when selling bigger ticket items.
Litecoin is currently ranked at number 6th in market cap over at coincap.io. With a limited supply of coins now at just about 54 million, save some big, unforeseen change (always possible), this coin looks poised to follow BTC straight up into the sky over the long run.
~KafkA
Graham Smith is a Voluntaryist activist, creator, and peaceful parent residing in Niigata City, Japan. Graham runs the "Voluntary Japan" online initiative with a presence here on Steem, as well as Facebook and Twitter. (Hit me up so I can stop talking about myself in the third person!)
I'm really happy buddy.
I piled into LTC earlier in the year before Segwit and on the rumour that it was going to be added to Coinbase. Looks like it was the right move now. Since then however I've been using it to transact and it's exactly how a cryptocurrency should be, superfast and easy to use.
Charlie Lee is a really smart guy and has big plans for LTC. I think next year is going to be a big year for all the crypto's but massive for Litecoin.
Me too man. I scooped up one or two back around 3 - 5 USD. Never felt cooler :)
Totally agree about the coin and next year.
I am hoping that Litecoin will take its place as the silver to bitcoin soon. though it may not happen, but still I am positive to it.
I remember getting one as a gift it was $40 and that was a big deal now that paper wallet is worth $100!
Kick ass!
It's supposed to be the silver of btc gotta have some of that around.
In Litecoin, huge transactions could be done easily as compared to bitcoin..nice to see that it provides so much of scope to rise..hope to see more updates of it.. thanks for sharing ..
Resteemed .
I'm glad I made the right decision with LTC :) With the whole transaction fees for BTC Core people will look for cheaper alternatives. LTC is one of them.
I have 500 LTC, I'm happy with it. Have a nice day my friend @kafkanarchy84
Dayaam, @dobartim! Good on ya! That’s quite a stack!
@kafkanarchy84 - I sold my Litecoin couple of months ago - Alas. However, I think it is going to grow and am thinking of buying some back.
Thanks for the update. I have been too tied up lately in my regular work and have not been watching the crypto space. Upvoted
Regards,
@vm2904
I have high hopes for Litecoin as well. I wish I had bought in earlier.
Hi friend good morning, thanks for the great update. Yes I also see that after the peak point of bitcoin other crpto will also have their exilaration of the speed. Thanks.
Litecoin has always been my favorite. I have a softspot for Dogecoin too. But anyway... glad I picked up a lot of litecoin when it was low.
Love both of these coins as well :)