#Litecoin has been released on October 7, 2011, by Charlie Lee (who was one of Google founders). It is said that Litecoin is the silver and Bitcoin is the gold, but that's wrong! In my opinion, Litecoin could be so much better than Bitcoin!
Few advantages which came to my mind at the moment:
1.Low transaction fee (~ 12 cents)
2.Speed of transactions (2,5 min per block)
3.There will be only 84 million Litecoins
4.Litecoin was successful in activating SegWit
5.Presence of leader like figure - Charlie Lee
6.It has great support from the community
I was using a lot Bitcoin in the past, but since the transaction fee jumped to ~12$ I started to use Litecoin whenever is possible!
It is still undervalued and a good time to buy. I believe very soon it will be worldwide accepted, just as Bitcoin and it will be even more usable than #Bitcoin. It has great potential to boom to 1000$ in 2018. Even Charlie Lee predicts 1/4 of Bitcoin in 2020. Here is the interview of Charlee Lee
[Click here] (
I am just sharing my thoughts at the moment about #Litecoin, don't take it as a financial advice!
I am very excited to hear your own thoughts and opinions about #Litecoin, so please comment!
Also, as I'm new here, please share your posts about cryptos or just the things you like.
I'd love to read and share!
Thanks for reading!
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https://www.reddit.com/r/litecoin/