Litecoin Update - July 18

in litecoin •  2 years ago 

Bitcoin still has severe network congestion and the scaling civil war is not yet resolved. I don’t think that it will be resolved as of August 1st. Andreas Antonopoulos said in May that is is very unlikely for a hard fork at this time.

— Andreas (@aantonop) May 25, 2017

My estimate of the probability of a hard fork any in the next 8 months remains unchanged: less than 10%

Litecoin is interesting to me because it has approved Segwit. Also, LTC has 2.5 minute block times and currently has 8x the capacity of Bitcoin right now. If Bitcoin scaling is not resolved it seems likely that money will move into Litecoin and Ethereum. That doesn’t mean Bitcoin won’t find a solution in the long run but it does not have a corporate timeline.A recent poll on Twitter below shows 52% of people voted for Litecoin as their safe haven. This poll had 5,749 votes which is quite substantial.

— Payam Prz (@payam_prz) June 27, 2017

What is your safe haven to save your $BTC investment as we get closer to Aug 1st (BIP148) $ltc , $ETH , $xrp or other #cryptocurrency?

 The LTC developer community is growing now that Charlie Lee (its Founder) is working on Litecoin full time. 

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Good points in this blog. Nice to see I'm not the only one who thinks like this. The current total market cap of all cryptos might seem high but blockchain is here to stay and will involve all our lives. I do see a bright future for everyone that's hold's their coins with a long term vision. I was wondering if anyone of you uses: https://www.coincheckup.com I don't know any other site that gives such good inisghts in the team, the product, advisors, community, the business and the business model, etc. Go to: https://www.coincheckup.com/coins/Litecoin#analysis To watch Litecoin Investment research report.