Litecoin
For a long time I have considered that litecoin has been severely undervalued and lately allthough it has been slowly recovering I still feel that this is a cryptocurrency to look out for. I feel certain that in terms of value it should be about 60-70$. Keep in mind for every btc in circulation there are 4 ltc and allthough not as well known as the the king of cryptocurrencies it seems like a good alternative and with segwit almost about to be activated things could really start up soon.
img credit : http://www.coindesk.com/information/comparing-litecoin-bitcoin/
What do you think about litecoin its target price and what might happen?
Keep in mind that litecoin is currently the only altcoin using/trialing segwit. People are betting on their success pioneering this as the segwit vs bitcoin unlimited debate continues.
I think you are right. Mining it like there was no tomorrow.
Thats awesome, I remember a couple years ago loosing 14 btc on litecoin gear mining which turned out to be a ponzi scam :(
I mine LTC on Genesis Mining! Actually on GM they are the best alt coin to mine, with the shortest ROI! If you want to use my promo code (3% discount) it is b7StNV
I hate genesis mining, I never made a profit on any mining investment there, be carefull with what you do there.
Why you don't? I'm not investing all my money but only a little part and only if after the first 30$ and after calculated ROI is acceptable (near 6-7 months). On 1 investment I'm already earning
The first days/weeks the payouts make sense but after that it gets stupid. I will post my link later when I get home how I got revenge from genesis mining ;)
I'm over 6 months and always is fine! I don't know!
Ok well I hope it stays like that ;)
Litecoin is going to go up for sure. It has been undervalue and this should only send it up.
Yeah but the only thing I dont like about ltc is the price control. I get the feeling a few bag holders have got too many ltc. This makes sense if you look at its history. Only mainstream adoption would sort this out and force a more even distribution of this otherwise great coin.
I dont own any litecoin right now and dont plan to, it would have been nice to get into a few months ago when it was completely stable.
16.3 mil / 50.76 mil is ~ 3.2x so it would be rounded down to 3 instead of 4.
Yes I think what I meant is the total future supply. 84mil vs 21 mil thanks for that clarification.
Yeah that's true!
I have only 1 LTC! Ahah I'm poor 😂
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@mallorcaman nice post. I thin litecoin is under valued.
for an intresting read about litecoin :-https://steemit.com/cryptocurrency/@pps/litecoin-complementary-to-bitcoin
4 months ago you went to the future... Now here we are!!