Litecoin breaks $100.00. Great bargain out of all Crypto's

in #litecoin7 years ago

As I mentioned yesterday, LTC was expected to break $100.00 within days. Well, it just broke $100.00 a few minutes ago. There is no question that LTC was going to hit triple digits by December. Well, it broke $100.00 today November 28th 2017. We have not seen anything yet. LTC is by far one of the best bargains out there in the crypto world.

Charlie Lee set out to start Litecoin as Bitcoins little brother. If Bitcoin is Gold than Litecoin is the Silver of crypto currencies. LTC has a total number of 84 Million coins versus Bitcoins 24 Million. LTC has a 4 to 1 ratio to BTC. LTC uses the algorithm of Scrypt versus BTC's SHA-256. LTC is designed to have shorter block times and has instituted a halving of every 840,000 blocks versus BTC's 210,000 blocks.

LTC has instituted many advanced features that BTC is lagging behind. LTC has the lightning network and atomic swaps features. LTC will also be able to implement smart contracts. BTC will have these features over time, but LTC is moving now on these features. Many in the crypto space view LTC as a test bed for BTC. To some extent this is true.

LTC will make many people crypto millionaires over time. BTC has already made millionaires now but LTC millionaires will be next. Just think, when billions of people finally get into crypto currencies, they will be looking for bargains. BTC will be for the rich and famous (the Gold of crypto). Naturally, most will be looking for the second choice, silver. We all know that LTC is the "Silver" of crypto. Yes, buy your silver crypto now before the rest of the world wakes up and starts to panic buy their silver crypto Litecoin.

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Nice! You called it! LTC is one of my favorites and a huge long time sleeper. You're right when you say it should be worth a lot more! I couldn't agree more........

Yes, it very stable, strong and has a great network effect.

Wasn’t there suppose to be a big LTC announcement?

Yes. LTC will be accepted by Alibaba and Amazon by April of 2018. This will be huge for LTC since it has fast transactions and low fees. This will be announce next year.

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