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RE: Litecoins surge

in #bitcoin7 years ago

I find it perplexing that it is so low, (under$50) around 1/54 the price of bitcoin. When in theory, it should be 1/4 of the value of bitcoin! Something odd is going on. Its transaction speed and fees are also much better than BTC, and it has already implemented segwit. So why is it still so low???

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People follow where they see the most money being dumped aka BTC, but don't realized there is other cryptocurrency that are taking off.

true. I am looking forward to a bright future for both LTC and BTC. I hope Segwit activation goes smoothly on BTC and they implement the Lightning network... because then the value of LTC will definitely increase as you will be able to very rapidly switch LTC for BTC and vice versa..