Now that BTC and ETH are not really worth using for sending or buying things due to crazy network fees and queques LTC is having a nice momentum.
Already i have sugested many times that when you want to move BTC or ETH between exchanges - use LTC in the middle.
Now Coblee said about planned soft fork to make LTC even bette for daily usage.
Markets
Notice that KR is again way above others. Are they seeing into the future?
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Looks like Charlie Lee is holding to his promise of continuing to develop Litecoin after selling his stash. This is a very encouraging sign for HODLers.
Yes - I agree with the what he said about removing the conflict of interest.
Charlie Lee seems like a very stand up guy. Many launched attacks for him dumping his holdings after pumping LTC up for the better part of a year. I never bought into that. To start, everything was up last year. Secondly, he does seem like a stand up guy.
He is one of those people who appears content with a laptop, lots of coffee, and code to write.
I never doubted that he wasnt 1000% committed to LTC even after selling his stake.
Agree
This guy takes so much heat from people, he def seems stand up. He seems to know what he is talking about.
Yes, but I still wish he held his stash
It may be true that Charlie Lee has sold most of his LTC holdings, it makes more sense because LTC was stagnant for so long, it was important for him to close the profits. With the profits he can use it to better enhance LTC itself, I am sure he would have picked much more when prices relaxed for a bit but media never reported his buys, only sells. Having said this Charlie Lee is very sincere and hard working guy according to me but he is an opportunist, that's how he created LTC at first place jumping from GOOGL, during that time we were or atleast I was busy playing games like GTA!
Exactly my thought! This is great news for Litecoin, and will surely show in near future even on price. Alot of people speculated about Charlie Lee selling Litecoins, but proof is here, that development will continue!
I noticed that Charlie Lee sold his Litecoins the same day Bitcoin Cash was added to Coinbase. I falsely assumed that Bitcoin Cash had to do with it.
Everyone who freaked out about him selling in the first place simply did not understand the purpose. Charlie simply couldn't win either way. Hold his coins? People think he is purposely manipulating the price. Sell his coins to remove any doubt or conflict of interest? People think he sold his coins to profit before an inevitable crash. Absolutely ridiculous.
OH yeah! I'm glad I'm HODLing my LTC
Sold my XRP right at the top and grabbed more LTC since it was low
Nice!
I like litecoin because they have a good development team this just confirms it!
Does anyone know how much LTC Charlie Lee had and sold?
I am sure LTC will end up having similar issues if it was a big as Bitcoin. Regardless, come on lightening network!
Lol. I couldn't agree more
I’m one of those people that bought it at $340 and now crying to myself and holding it goes back up . This gives me a sense of hope
don't sell it in loss... it will go back to $340.
Hold it tight.
Did the same too, hold it litecoin is doing great ;)
Its okay, don't sell. It will go back up.
I posted something earlier (in this thread) about being new to this arena. I think there are a lot of people in your same situation (including me). I held my first coins for all of 15 min, traded, and put back into something else (no idea what I was doing).
Slowly starting to see how things move but very much a novice.
Best advice I have seen on many posts is to do your own research and bounce ideas off of forums like this one.
You'll get back to $340.00 and higher. Litecoin will do just fine.
Didn't know this. Thank you for the information! Nice post
Same! Hope the good news keep coming for LTC!
Do you recommend start investing in Litecoin now?
Think of it this way Bitcoin is supposedly the gold standard for store of value. Litecoin is considered the silver coin for store of value. It is not a bad time to buy. If bitcoin price gets to high for the average investor. Litecoin makes a strong alternative. Once the general public wants in on crypto-currency's, don't be surprised to see it raise dramatically in price.
How would you compare LTC to ETH? (If this is a naive comment, please forgive)...I am new to this arena and looking to learn before going in with both feet.
It seems like anyone can find an argument for or against any coin/token on the market.
So my question would be why LTC and not ETH?
Thanks for any help.
LTC is a lot easier to just use as a currency unless you need to buy an ICO or use smart contracts litecoin is a lot cheaper and practical. I hate having to calculate gas and all that I like seeing a flat fee!
Right now take what ever money you can afford to loose ( read the afford to loose again.)Then split the purchase in half or 75 to 25 if you want. Both are good coins but they serve different functions.
I suggest to invest also in LTC altenative like Vertcoin ,
it have a strong develop https://github.com/vertcoin/vertcoin . Dont have a big market cap
and It 'is strong focus to build a decentralized crypto
I would say yes, price is down now. It is all about market adoption, if retailers start using it then we will see the price go up.
Those are awesome news!!!
Good news, go Litecoin!👍
This is excellent news. Litecoin has always been Bitcoins poorer cousin but now maybe its time to shine. It has some great developers with great ideas driving it forward. Lets hope the momentum continues.
LTC is already extremely cheap and fast! The future is soooo exciting for LitecoiN!
I'm right there with ya!
Thanks for sharing. LItecoin is definitely doing some nice stuff.
Interesting. I sold my LTC after the founder sold his. Just didn't make sense why a founder would do that. What do you think about this?
FUDer...
He only did that to show that he isn't in it for the monetary gain but rather the development of it. He even donated most of it to the ltc foundation
Sounds like you made a mistake in hindsight. Don't beat yourself use it as a learning experience.
Litecoin is definitely a coin that everyone should hold in their portfolio. When you think about it, Litecoin goes up when Bitcoin does due to it being the silver standard to Bitcoin's gold AND it tends to weather major market declines very well because it can also be viewed as a hedge to the whole Bitcoin v Bitcoin Cash shakedown. Adding to the reasons for holding Litecoin, none of the developers have any beef with Charlie Lee and his friendly, straightforward manner. Litecoin is going to have a fantastic run in 2018
Really hope you're right. The best thing that could happen is a major online retailer (Amazon, ebay, etc) announces that they'll start accepting payment in LTC.
Thanks for the news Kingscrown!
Thats great, starting the year with more improvements!
Very awesome looks like Litecoin at just under $300 is going to be a bargain here shortly!
So many better altcoins that do everything better than ltc besides having a big name
True but many other bitcoin forks perform better then btc but are just not that famous yet.
I see how it would make it cheaper but how does it facilitate faster transaction times?
let see what the future brings
Charlie Lee just comes off as being a respectful, and honest guy. I think the fact that he didn't pre-mine any Litecoin says a lot.
Probably most have seen the video in which he states that he no longer holds any LTC, but he would continue to work on it, as he sees it as, "his kid," says a lot also. How could you not want to see something that you created do well, whether it be your child, or a cryptocurrency?
It's just a hunch, but I can see Litecoin being worth several times it's current value, in a very short time.
Even with the coming Lightning Network, I don't see Bitcoin living up to it's promises as a day-to-day currency, mainly because of Blockstream's involvment. Big money always messes-up everything for the little guy.
Thanks for your informative posts.
litecoin is my favorite coin that always undervalued and least volatile)
Thank you, very useful post!
I'll be honest, I took it as a very bad signal that Charlie sold all of his LTC. I still do, actually. To have 0 skin in the game on your own protocol doesn't make a lot of sense to me.
But, I can't argue that this is a step in the right direction for LTC becoming the de facto means of exchange cryptocurrency...at least for the time being!
~ Kevin
You are always the first to come out with these relevant coin updates. They are much appreciated. Upvoted 100% for the service you provide.
Great to hear as I'm a long time LTC holder. I did a new coin analysis on Xverge, check it out if you're interested in making a quick buck...
https://steemit.com/bitcoin/@benkalashnikov/xverge-xvg-analysis-165-potential-profit
LTC was my first investment so I'm glad it will become more streaml8ne for daily use!
Way to go Charlie Lee!
Well, this is surely a great news for all of us, thanks for sharing!
Litecoin and Bitcoin Cash will virtually be worthless once the Lightning Network is released. There will be no need for either of them as LN solves the main flaw of bitcoin and makes it a day to day utility
I always use Litecoin to transfer between exchanges. This news should cement it’s spot as the actual number 1 for payment and hopefully take some of the transaction volume away from ETH, which was never designed to be used for this purpose.
Isn’t it cool how the fundamentals always seem to line up with the technicals? Check out the Litecoin breakout on the charts.
A also use LTC to transfer between exchanges; works well because not only is it cheaper but faster as well. I think LTC could have a good 2018 if the development continues. It is great to see Charlie Lee so active and supporting the community.
Ltc is good coin for 2018
What's more from unofficial sources i got info that LTC prepares for relasing their credit card :)
I hope ETH is the best.
Low fee.
If Litecoin does a soft fork Charlie Lee will probably get some coins and be back in a position with Litecoin. It also seems to me that they are spacing out there news and projects so Litecoin can have a very good year ahead. A healthy consolidation after the run earlier.
its good news for everyone
I think that Litecoin is good for transactions in future
Thank you for your information @kingcrown
The market cap is $ 50m at the moment and is the second sequel behind the bitcoin blockchain. The largest difference blocks from BitCoin are to be verified at 2.5dk instead of 10min (verifications are weaker), the expected amount of money to be in circulation is 84 million units and the hash algorithm is scrypt instead of sha256. scrypt is more difficult to produce asic and fpga miner to be an algorithm that requires more memory, it is also not possible to get performance improvements similar to bitcoin at the same time..Does it help us? @kingscrown
when bitcoin and ETH goes down then there are bright chances of ripple coin to take its place and rule the whole world of cryptocurrency. Soon it will rule the world.
Thanks author for sharing informative post
This is sweet news considering that fees are getting really high for those coins. You have to be rich to afford to send bitcoin, lol...
Good post..
Please upvote me
https://steemit.com/photography/@arisusman/spot-foto-keren-yang-tersembunyi-lhok-bubon-aceh-indonesia-201816t213030930z
Muy buena información, lo tomare en cuenta, en realidad las tarifas estan muy locas.
Thanks for the information
Eth now having high transaction fees too? Just when I finally decided to start dealing eth
Good news
This are great news! And the price of LiteCoin is going to the moon because of it!
Litecoin to 500$+ that's easy don't you think?
The price will break the ceiling
Nice post thank you for information @kingscrown
Interesting, maybe the start of LiteCoin pulling away in the battle for online payments.
EL LITECOIN A SUBIR HASTA LOS 550 ESTE MES.
Thanks for sharing the updates due to your post i know about how to exchange BTC or ETH
Good call. This is what they intended when they created it to be the silver to Bitcoin's gold. It's a like asset that can function in the same way. If Bitcoin is dumb and fails to start correcting issues that are plaguing the network, LTC could become the gold.
Like i said.is best to study them all.