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RE: Litecoin after the Bitcoin hard fork: Where do we go from here?
I expected LTC to go down after this BTC hardfork. DASH,LTC and other coins like it still do not have a use case. BTC is the digital gold...the internet still needs a digital cash now that it has its gold. DASH's selling point was "privacy and speed" - coinjoin is not the most effective form of privacy also DASH is not the fastest chain. STEEM is already being used as a "digital cash" around the world for various things. It is also much faster than DASH. Also, if STEEM follows through on their roadmap here : https://steem.io/roadmap/confidential/ - then STEEM will not only be the fastest most used blockchain but it will become the most private coin along with XMR.
Correct Johal. Dash has 'Privacy Send' and a credit card. So what? This Bitcoin upgrade has really shook the crypto tree! Elvis is no longer the King ... Bitcoin is! Let's hope Steem can have privacy installed as default (unlike ZCash where only 25% of the transactions are private).
I'm currently hodling just Steem and BTC - with v.minor holdings in the others. Holding BTC also allows the Steem price to rise, as all ships rise on the Bitcoin tide ... well sometimes!
Steem is going to need to play the long game here to leap over Dash and LTC, but I have no doubt that this is possible.
Steem on my friend :)