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RE: Litecoin Goes to ATH and 3 Billion Marketcap

in #litecoin • 7 years ago

Once BTC activated SegWit I assumed the business case for LTC was gone, looks like lots of people feel differently. Can anyone tell me what LTC has to offer that BTC doesn't now that they're both running SegWit?

7 years ago in #litecoin by
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     7 years ago 

    You can spend LTC @ bitify.com

    4x faster that btc and 100x cheaper mining fees

    both you can cash in and cash out easily on coinbase

    It is not fun waiting for a bitcoun transaction to clear, litecoin its a breeze.

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     7 years ago 

    Try to convince people who are used to instant transactions using fiat is a big deal I think.

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       7 years ago 

      bitify.com was the reason i started buying bitcoins 18 months ago. Litecoin is much faster that bitcoin. Both litecoin and bitcoin are both faster than wanting for credit card payment to clear or a check to clear without the risk of a chargeback bounced check.

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       7 years ago 

      Many things my friend;

      1. BTC is the King, though SEGWIT is activated, transaction fees will be more than LTC
      2. Lightning network is prime time on LTC. That's a big thing for micro transactions. Person A to A is achievable. They are now working on person A to person Z through some party in between who has links to both A & Z. That's bit challenging so may take some time.
      3. LTC is also planning to implement stealth, i.e private transactions. Similar to Monero.
      4. Going forward LTC will have support for color coins; similar to ERC20 tokens. So ICOs could be held using LTC.
      5. The team is thinking on including smart contracts as well.

      BTC will be the KING and have an application as Currency but LTC will be much more than that.
      Source of LTC information: Charlie Lee's recent interview with Cypto Hedge on Youtube.

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