The Litecoin Timeline – Why Now’s a Good Time to Buy

Six days I said it’s time to buy Litecoin, price $41.05. Now it’s $50.20. But it’s still too not late to buy.

Check out below the recent time line on Litecoin. It’s left me convinced it belongs in your crypto portfolio.

4/2/17 – SegWit signaling support reaches 59% for Litecoin

4/4/17 – Top 6 Litecoin mining pools signal SegWit support; support at 58% of 75% needed

4/4/17 – The Litecoin Foundation successfully incorporates in Singapore as a non-profit organization. Charlie Lee is full time managing director along with developer Xinxi Wang and designer Franklyn Richards. Litecoin Association is a separate entity

4/5/17 – Charlie Lee says LTC price will reach $14 on SegWit activation

4/7/17 – LTC prices falls 20% after tweet from F2Pool co-owner Wang Chun expresses doubts about SegWit. F2Pool the largest LTC miner

4/7/17 – Trezor announces LTC compatibility

4/9/17 – Litecoin working with OpenBazaar for payments

4/10/17 – LTC falls another 20% after doubts about Antpool and BW signaling support for SegWit emerges; support at 63%

4/11/17 – Eshminer developing its own mining architecture for Litecoin

4/11/17 – Coinbase to support [LTC] https://themerkle.com/coinbase-to-support-litecoin-and-how-it-can-change-bitcoins-path/)

4/12/17 – Charlie Lee announces 75% SegWit signaling threshold reached

4/12/17 – BW.com mines first LTC SegWit block

4/19/17 – Antpool accused on increasing LTC hash rate to block activation of SegWit

4/21/17 – 8 hour miner meeting leads to Litecoin scaling agreement

4/22/17 – Every major Litecoin mining pool signals support of SegWit

4/24/17 – LTC tops $14 as SegWit activation becomes apparent

4/26/17 – SegWit activated on Litecoin

5/2/17 – Will LTC be the first blockchain with Lightning?

5/4/17 – SegWit activation and Coinbase addition lead to surge in LTC volume

5/4/17 – LTC market cap exceeds $1 billion

5/7/17 – LTC added to largest S. Korean exchange Bithumb, price reaches $30

5/10/17 – SegWit officially activated after being locked-in for two weeks

5/12/17 – Blockstream sends first LTC lightning microtransaction; LTC price stabilizes at $32

5/15/17 – LTC price drops 10% after SegWit activation

5/17/17 – Charlie Lee advocates Lightning network for LTC

5/18/17 – Major European retailer Alza to accept BTC, may soon add ETH and LTC

5/19/17 – LTC announces 2017 roadmap

5/20/17 – Yours network drops BTC for LTC

5/25/17 – Bitstamp adds LTC trading

5/28/17 – Backpage pushes LTC adoption with 10% deposit bonus

5/31/17 – GDAX adds EURO trading for LTC

6/1/17 – LTC gets a full-time developer

6/2/17 – Nicehash mining pool may add LTC payment option

6/8/17 – Litecoin exchange platform under DDoS attack

6/8/17 – F2Pool controls 51% of LTC hashrate; Charlie talking to Wang Chun

6/11/17 – Charlie Lee calls it quits at Coinbase to go full time at Litecoin

6/11/17 – F2Pool controls 54.2% of LTC hashrate

6/14/17 – Litecoin Foundation reports no issues since SegWit activation

6/15/17 – Coinsen, a Litecoin-only marketplace, opens to the public

6/17/17 – F2Pool LTC hashrate grows to 57%

6/18/17 – Bcoin developers introduce LCoin for Litecoin – helps wallets and exchanges

6/19/17 – LTC hits ATH of $50

6/20/17 – BTC ATM provider Athena Bitcoin to add LTC to ATMs

6/22/17 - LTC sees increased development support; MIT working on LTC project to be revealed 8/1

6/22/17 – Petition for Amazon to accept BTC and LTC payments

6/23/17 – BitGo working on security solutions for Litecoin ecosystem

6/26/17 – OMNI announces it will issue a USDT token on the Litecoin network

6/28/17 – Two NY preschools accept BTC, ETH, and LTC for tuition payments

6/28/17 – ViaBTC exchange platform adds LTC

6/29/17 - Why Yours moved from BTC to LTC

7/2/17 - BTCC, one of China’s largest exchanges, launches a LTC mining pool on July 2. BTCC is run by Bobby Lee, Charlie’s brother

7/5/17 – LTC reaches an all-time high of $56

7/6/17 – Euro trading platform Libertex adds BTC and LTC contracts

Holy Litecoin it’s going to be a good summer!!!

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