If you are unsure what Litecoin is you can check out this article: Before we talk about the advantages and disadvantages of Litecoin, let us look at the recent performance of Litecoin. On the 9th of JuneCharlie Lee announced that he will be leaving his role at Coinbase to focus on the development of Litecoin.
Bitcoin has had scalability issues but this can also be a good thing for investors. With Segwit and Litecoin higher than bitcoin network, all this will be solved and this will likely to increase the value of Bitcoin so there is more growth opportunity for Bitcoin which gives investors an incentive to continue to invest into Bitcoin.
The only real advantage Litecoin has over Bitcoin is the community and the leadership. Satoshi Nakamoto has disappeared since creating Bitcoin and this has left litecoin higher than bitcoin lot of politics in the Bitcoin community.
On the other hand, Litecoin has Charlie Lee who has a clear vision of what he wants Litecoin to achieve. With smart contracts, Lightning network and atomic cross-chain trading coming to Litecoin soon, there could be some growth potential.
Having said that it is hard to predict how well Litecoin will litecoin higher than bitcoin in the future as it depends on too many factors. What are your thoughts about Litecoin? Do you think Litecoin will ever overtake Bitcoin? Share your thoughts below. Learn more about the resteembot project in the introduction post. I'm pretty new to the cryptocurrency game but my husband and i have some money in Litecoin.
He liked the advantages that you listed above that come along with litecoin and he likes the leadership team as litecoin higher than bitcoin. You have completed some achievement on Steemit and have been rewarded with new badge s:. Award for the number of upvotes. Click on any badge to view your own Board of Honor on SteemitBoard. For more information about SteemitBoard, click here.
If you no longer want to receive notifications, reply to this comment with the word STOP. By upvoting this notification, you can help all Steemit users. Award for the number of comments You got a Litecoin higher than bitcoin Reply. Cool post, my opinion is that Litecoin will not be as valuable as Bitcoin because of scarcity, theres a 17 million limit to Bitcoin I think Litecoin as no mining limit.
So following the laws Bitcoin will be more valuable than Lite. As in total market cap, with more and more Litecoin created the total market cap of Litecoin can surprass that of Bitcoin in the long term, even more so if Lite coin starts been used in litecoin higher than bitcoin to day transactions and not just in the crypto space.
Sorry for english mistakes, Peace, Carlos. I was about to post a similair post. The price of a coin should depend on the quality of the product, the team behind it, if proffesional investors believe in it, and a lot more facets.
I was wondering if anyone of you uses: Will Litecoin litecoin higher than bitcoin overtake Bitcoin? Hello everyone, Today we will be talking about Litecoin and how it compares with Bitcoin. Why is Litecoin better than Bitcoin? Read this article about his vision: Without a doubt, there are some advantages with Litecoin but most of the current value of crpytocurrencies is based on speculation. If you go to the high streets, the chance of you finding a shop that accepts Bitcoin is pretty slim and not many big names accept Bitcoin as a payment method.
As a litecoin higher than bitcoin, most people buy Bitcoins and Altcoins for investment purposes. Yes, Litecoin can confirm transactions 4 times faster than Bitcoin which means you can buy things 4 times quicker but in the investment point of view, this not a good enough reason to invest into. With Lightning network, transactions can almost be instant and block confirmation times will not be important anymore. Since anything that can go on the Litecoin network can also be put on the Bitcoin network, it litecoin higher than bitcoin just a matter of time before Bitcoin transactions becomes instant.
Will Litecoin ever take over Bitcoin? It litecoin higher than bitcoin not litecoin higher than bitcoin for Litecoin to take over Bitcoin even though the chances are a little bit slim. This is not trading advice and please do your own research litecoin higher than bitcoin investing. We do not take any responsibility for any losses you make.
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About overtaking, I don't know. But It will have its say when the market cools down. I think litecoin has got good future potential. Thanks for the links, I will give them a shot today.
Qt bitcoin trader strategy. View my list of everything I use in my business at. Configure the market, the coin and the buying and selling prices and let the bot place the orders for you, so you just have to wait and get your profits.