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RE: Are You Committing This Crypto Investing Sin?

in #bitcoin7 years ago

Do you belive that applying the lightning network on BTC will be the end of LTC?
The only thing Charlie Lee talks about in his interviews is how the Litecoin is faster and cheaper. He always gives the buying coffee with LTC while buying a house or a car with BTC.

So if BTC became as fast and cheap to transfer, would that put a dagger in LTC's heart?

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1: Lightning network isnt a good solution to the slownes of BCT, as it wil undermine the security of the network.
2: LTC have integrated SegWit alreaddy so it can support a lightning network too.

LTC wont go away even if bitcoin increses its blocksize as there is enough community support behind it that seems to be 100% on LTC and it is, as Cryptovestor ahve pointed out before, an easyer coing to get into simply because it does not have that high price pr coin, and there is 4x more coins available.

Litecoin is a tough one for me because it really just feels like a playground for Bitcoin. It's been around a while and proven to be both resilient and well supported by the community, so it's likely to do nothing but help Litecoin (especially with the possibility of atomic swaps). But long-term, I wonder.