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RE: ARE ALTCOINS BECOMING OBSOLETE??
No, altcoins won't be obsolete. We call all of it in the same bracket but most of them server a purpose, a different purpose. Even Litecoin is 2 steps ahead of Bitcoin now. ETH is an application. We all know Steem. So altcoins won't go anywhere. BTC is pumping as everyone's uncertain and want to gain free coins from the fork. Though at such a high price, Cash is not going to be free as when BTC corrects it's position by the difference of Bitcoin cash. So let's wait until the market corrects itself. Though I think LTC is something to look at. Cheers!!!
Bitcoin is activating SegWit so very soon it won't be two steps behind Litecoin ... as mentioned this nullifies one of Litecoin's advantages and explains some its drop in price.
Logically for this point what your are saying sounds true. But you can go through the reason I listed here; https://steemit.com/litecoin/@themystic/litecoin-is-due due to which I think there are chances that it may happen the other way round. I don't know why but I am positive about Litecoin too. Time will prove.
I own a chunk of LTC also because I think Lightning Network is great and also I think LTC can coexist and thrive with BTC where LTC is used for smaller purchases. We shall see... I have faith in Charlie and his efforts and you raised a couple other points in your post that are news to me, thanks.
You are welcome. Appreciate it mate. I love Charlie too. Though it's not the sentiments making me tend towards Litecoin. Cheers!!!
Litecoin is 2 steps ahead? They are a clone of bitcoin, and Bitcoin Core created Segwit. So what exactly are you talking about? Also, ETH is trash that won't scale, and POS isn't going to work out like you think it will. Steem is an inflationary crypto like fiat currency, which is fine if you understand that that is what it is. You sound very uninformed.
Hahaha, you are blaming each single coin out there. I respect your sentiments, but to create a platform like Ethereum you have to put in brilliant mind to work. Hat's off to Vitalik for making something that can be seen. Yes it has scaling issues but we can't just ignore the brilliant work that has been accomplished. There will be another successful version of ETH but ETH won't just die out of no where. Yes EOS can be a Ethereum killer but time will prove that. ETH exists.
My point with Litecoin was that it implemented Segwit and Lightning Network successfully. Absolutely it's a clone of Bitcoin but the mass doesn't care about it. If it works well for them they will adopt it. I am sure LTC will be the silver version of cryptos.
I respect your views but you seem to be a crypto critic which this space needs similar to movie critics which Hollywood needs.