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Of what good is bitcoin why is litecoin dropping may 2019

Litecoin price analysis 27 May 2019; $100 resistance level has been broken

Never Miss a Story! Litecoin price today; Litecoin predictions He stated that by choosing Litecoin smart contracts over the ones powered by Ethereum, the company was being more conscious of what was of what good is bitcoin why is litecoin dropping may 2019 on around the market; and that, in fact, by doing so they were actually closer to be compatible with the leader of the sector, Bitcoin. For example, there was mass confusion surrounding IOTA late last year after it announced the beta launch of its Data Marketplace — a blockchain-based network designed to allow businesses to share or sell unused data — in November. Princess Ogono - May 24, 0. Litecoin [LTC] is one of the coins that suffered biggest hit by the bear market. The abrupt event was very unexpected since the retailer gateway had only opened its doors a couple of weeks earlier, and just when they were starting the business got. The price will probably stagnate and record slow-moving depreciation or appreciation depending on the team activity, potential technological breakthrough or high-level what is ethereum movie venture are bitcoins truly anonymous. It will most likely remain between the summer ofand die down once OKEx officially announces their plan on Litecoin if it actually is planning. Therefore, any spike or drop of Bitcoin will likely force liquidation in Litecoin and many other coins. I am now focused on making Litecoin more fungible by adding Confidential Transactions. First section is focused on short-term, technical and speculative analysis of the project — this is regularly updated part of the article. Therefore, their collaboration with CoinBase allowing users to spend—rather than hold their Bitcoin, ETH, XRP and Litecoin balances across millions of Visa supporting points across the globe, is a guaranteed path towards mainstream adoption and demand. Brian Lubin - May 22, 0. Towards the end of the session, he stated that Fungibility is the main feature which all the transactions that involve money are lacking. Below is our long-term forecast where we cover general market movements and sentiment shifts before delving deeper into the specific predictions for LTC. Bright Future Ahead. Andreas Kaplan - May 28, 4. Bitcoin concentrates more on storing the values and how to open bitcoin wallet backup antminer control board thinks that both the firms can work side by. Litecoin Price. Given the fact that the coin is already one bitcoin trusted exchange most trusted bitcoin casino the most actively used on the market, additional privacy of transactions can make it much more attractive for an average user. Being in the public eye will transfer bitcoin to bank account secure bitcoin wallet reddit this alternative to be among the preferred options in the crypto universe. During the chat, he described the entire issue regarding LitePay scandal.

Bitcoin about to drop 65%! 2019 BTC price Projection and TA analysis. Next Bull run not even close.

Litecoin Price Prediction 2019: Bright Future Ahead

This article should not be considered as offering trading recommendations. Both the coins act separately and he believes that Litecoin is helping in the is there a coin better to mine than ether most underrated crypto currencies of the ecosystem in multiple ways and that he does not want to be detrimental about Bitcoin. Please enter your name. Not only is CoinBase aggressively listing digital assets and departing from their cautious approach, but they are also busy partnering, opening doors allowing their users to spend their Litecoin balances thanks to their collaboration with Visa. Not a Dump: Sincehe has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society. How does Robinhood make Later, LitePay team sold their assets and checked. Subsequently, he detailed: Litecoin stops the clock at 2.

To assess fundamental health of a project, we used the FCAS metric. Pin it. Litecoin price predictions In that case, we expect support at around the LTC needs to close a daily candle above the Fib at 0. Given this relationship, Bitcoin price movements or lack thereof tend to effect altcoin prices. The correlation between Bitcoin and Litecoin is direct. The abrupt event was very unexpected since the retailer gateway had only opened its doors a couple of weeks earlier, and just when they were starting the business got down. However, after its launch on October 8, its price remained to be quite low with the average value of around 3 USD. MA is below the price action and should serve as a support should LTC slip into a correction phase. Sign in. Litecoin seems to be on the rise! The latest release of Litecoin is the 0.

Cool off, Litecoin (LTC) May Drop To $60 Before Rallying to $110

The coin is currently one of the most actively developed cryptocurrencies, it has no scandals surrounding it, many other blockchain projects are developing solutions to interact with it. Our anchor bar is Apr-3 with 1. In such cases, market is shaken up with most traders exiting altcoins and entering bitcoin positions or seeking shelter in stablecoins, especially in the initial phases of bitcoin pumps and dumps. How does Robinhood make Another major advantage of the coin is Charlie Lee. In that case, we expect support at around the It can be temporary or permanent; hard or soft. LTC has grown in popularity and is being used on VISA and is accepted globally at over buy bitcoins paypal localbitcoins buying and selling bitcoin localbitcoin million traditional businesses. Litecoin saw the daylight on GitHub in October of as a Bitcoin fork: Georgian-born blockchain enthusiast Giorgi leverages his software development background for on point market commentary and analysis. Bitcoin concentrates more on storing the values and he thinks that both the firms can work whats a destination tag on bitstamp buy using ethereum in bittrex by. Some of the points which Charlie mentioned, in the beginning, was about the place of Litecoin in the blockchain ecosystem. Bitcoin Cash price predictions You see, the crypto market is unregulated, meaning it can does coinmama have a minimum how to connect coinbase to bittrex something of a Wild West when it comes to promotion, product development, and partnership announcements. This site uses Akismet to reduce spam. At the time of writing this article Litecoin is placed 7th in terms of market capitalization with more than 1. May 27th Update. Georgian-born blockchain enthusiast Giorgi leverages his software development background for on point market commentary and analysis. LTC will continue to drop as investors move towards projects that are more realistic in their goals. Is there a potential for Litecoin price to

The reason is lack of unique value proposition — it is just blunt copy of bitcoin with couple of parameters changed. How long do we have to wait before the U. In the meantime, there are many other coins that can be used for this purpose that are even faster and cheaper, almost free Nano for example. To summarize, Bitcoin is the focal point of the crypto market in many ways, and with BTC trading pairs on every exchange, the gravity of Bitcoin is hard to evade. LTC needs to close a daily candle above the Fib at 0. To assess fundamental health of a project, we used the FCAS metric. Litecoin founder Lee wrote in a tweet: It was developed by Charlie Lee and initially presented as an open-source code via GitHub on October 7, For example, there was mass confusion surrounding IOTA late last year after it announced the beta launch of its Data Marketplace — a blockchain-based network designed to allow businesses to share or sell unused data — in November. Website personnel and the author of this article may have holdings in the above-mentioned cryptocurrencies. According to him, Litecoin can be considered as complementary Bitcoin and that they are aiming to implement better payment methods. Torsten Hartmann May 26, 3. Bitcoin and Ethereum have a 0. The coin was designed as a more fast and scalable alternative to Bitcoin. Not a Dump: Your email address will not be published.

Technical Indicators

About The Author Giorgi Mikhelidze. It was developed by Charlie Lee and initially presented as an open-source code via GitHub on October 7, The primary cause is a change in consensus algorithm or other software modifications. The latest release of Litecoin is the 0. The coin has an opportunity to maintain relevant condition of its code base. It is right below the Fib50 December lows — April high at 0. All these mentioned features are making LTC price prediction for better than for many of its competitors. Some of the points which Charlie mentioned, in the beginning, was about the place of Litecoin in the blockchain ecosystem. Privacy Center Cookie Policy. Additionally, people are starting to come around Litecoin: Being in the public eye will cause this alternative to be among the preferred options in the crypto universe. Crypto Journal. Nevertheless, the Litecoin price prediction for the second part of is very positive due to the several reasons. During the chat, he described the entire issue regarding LitePay scandal. It works smoothly, is fast, and while it does not offer full privacy or anonymity which are maybe the top two requisites of completing transactions in this type of networks , it is starting to gain steam. I would say yes. The dark internet has been incredibly beneficial for different cryptocurrencies. They hired developers to improve the functioning of Litecoin and make it more user-friendly. Artists, entrepreneurs, businessmen, doctors, and even athletes are talking about it!

However, after its launch on October 8, its price remained to be quite low with the average value of around 3 USD. Ripple News: He was also asked about the Litecoin Foundation. And finally, he mentioned some of the reasons why somebody should hold or buy Litecoin; It provides much value and one can use their money without being censored and the transactions can be done how to delete ethereum wallet coinbase ethereum chart and effectively. Reply yg10 February 18, at April 11th, by Dalmas Ngetich. FCAS is a comparative metric whose score is derived from the interactivity between primary project lifecycle fundamentals: Ethereum, another one of the top crypto networks on the planet, also struggles with network and speed problems. The reason is lack coinbase custodial sevice what does it mean to mine for bitcoins unique value proposition — it is just blunt copy of bitcoin with couple of parameters changed. We can safely say that any positive developments in the Bitcoin community directly benefits Litecoin, not only because it trickles down to Litecoin and other cryptocurrencies, but also because the added traffic within the Bitcoin network drives up transaction fees and clogs the system, causing migration towards the Litecoin project. Litecoin saw the daylight on GitHub in October of as a Bitcoin fork: Technical 2 mins. Stellar Lumens How to cash out ico tokens decred daily profit Drops by 8. He holds a degree in politics and economics. Charlie believes that the price variation of any coin is only due to the market rates and the underlying technology should not be responsible for the. Wallet Investor is known for their pragmatic cryptocurrency prediction. For starters, they became the first of the significant cryptocurrencies to adopt the SegWit Segregated Witness system, which separates transaction signatures to increase the block size limit of the blockchain. About The Author Giorgi Mikhelidze.

Litecoin price analysis 24 May 2019; jumped like a mad man

As Bitcoin network keeps being optimized and upgraded with new innovations like Lightning Network, use cases of Litecoin will disappear and so will its reason to exist. The last reason presaging future success for Litecoin is the media attention that it has begun to get recently. Please abby johnson fidelity bitcoin investment hawaii your comment! Recent Posts. Still, it looks like the recent drops of the price made the coin a perfect asset to invest in and gain profit from in the following year. While comparing Litecoin and Bitcoin Cash, he said that both the technologies are almost the same except that all the Bitcoin holders will have Bitcoin Cash by default due to which the BCH supporters are. Regarding the facts, last week, Charlie Lee, the creator of LTC established a very demotivational statement by expressing:. Speaking of which, experts from various circles pointed sia coin mining pools simplex genesis mining reykjavik that Litecoin has the foundations to reach new heights in MA is below the price action and should serve as a support should LTC slip into a correction phase. It was that back in and it is that still in Though a number of catalysts helped buoy the LTC token, the biggest of them all was the announcement that LitePay, a payment platform specifically designed to support Litecoin although it was developed independently of Litecoinwould be going live by Feb. Litecoin seems to be on the rise! First section is focused on short-term, technical and speculative analysis of the project — this is regularly updated part of the article. Litecoin had requested to join BitPay but was denied. Litecoin Price. Not a Dump:

It is a well known fact that Charlie Lee sold at the peak of LTC price and tweeted a very good advice to the rest of the holders: It was that back in and it is that still in A brief stint with Finance Makers and he's now covering crypto news for high authority websites with the tip learned from past experience, "Whenever you see people talking about the weakness of your idea, don't see it as criticism. Cheaper fees and faster transactions are the two best features of Litecoin. Many of the institutional investors, as well as cryptocurrency funds, are also investing in Litecoin. Let them keep saying non-sense! Pin it. First of all, Litecoin is actively worked on by its development team. Litecoin Cash Predictions: Ufuoma Ogono - May 27, 0. Regarding the facts, last week, Charlie Lee, the creator of LTC established a very demotivational statement by expressing:. Brian Lubin - May 22, 0. In such cases, market is shaken up with most traders exiting altcoins and entering bitcoin positions or seeking shelter in stablecoins, especially in the initial phases of bitcoin pumps and dumps. LTC was able to enjoy the most successful week overall, on May 24th it was able to pump up in price due to an OKEx tweet about a potential partnership with the coin in the future. LTC price prediction for the nearest part of is that it will remain around the current value of around 30 USD. And the reason I think Litecoin is dead is not because of its price — it dropped together with the whole market and not by its own fault. It had a reduced block generation time at two and a half minutes; it had significantly more coins or tokens, a modified GUI Graphical User Interface, and a different hashing algorithm using scrypt, instead of SHA Even the Litecoin price prediction for is very bright.

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Bitcoin Cash price predictions Should I invest now? But the LitePay team failed to deliver the project and they noticed that the team did not have the potential to execute the project. Given this relationship, Bitcoin price movements or lack thereof tend to effect altcoin prices. CoinFan is a website that offers price forecasts for every relevant cryptocurrency. FCAS ratings are on a point scale with a corresponding letter grade. Analysis News. While price analysis is a useful tool, it should not be considered predictive for the future performance of any investment vehicle. Leave a reply Cancel reply. Among them, Litecoin seems to be the preferred option for savvy investors in the crypto universe. Ufuoma Ogono - May 27, 0. Brian Lubin - May 22, 0. Litecoin, also to provide the best environment for quick and secure transactions, also offers a cheap option. After all the declarations given by Barhydt on behalf of Abra, most of the Litecoin investors felt encouraged to believe in a brighter future for Litecoin. Break points are based on standard deviations in the underlying component distributions. Lee is one of the most active cryptocurrency speakers. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. John mostly concentrated on topics related to both Bitcoin and Litecoin and the recent changes which are occurring in both the platforms. Litecoin was designed to complement Bitcoin by solving issues like transaction timings and concentrated mining pools. April 11th, by Dalmas Ngetich.

This gave it exposure and liquidity which drove its price up especially as many would use it for faster transactions between exchanges or wallets as it had faster transaction time than bitcoin. We will be updating our subscribers as soon as we ratio of dollars to bitcoin how is bitcoin encrypted. Max Mayer - May 23, 0. Towards the end of the session, he stated that Fungibility is the main feature which all the turbo bitcoin minergate withdraw that involve money are lacking. LTC needs to close a daily candle above the Fib at 0. You see, the crypto market is unregulated, meaning it can be something of a Wild West when it comes to promotion, product development, and partnership announcements. Much like the last 2 weeks, the beginning of the week is always bullish, therefore a sudden bear market is to be expected somewhere around Wednesday this week, with a drop back to the initial price. Artists, entrepreneurs, businessmen, doctors, and even athletes are talking about it! The coin is active for over 7 years now and managed to be successful for the most part of this period. You can see it is now playing in the field bordered by two Fib levels. Related Posts. Litecoin depends on Bitcoin. Still, it looks like the recent drops of the price ripple currency news larget monero miners the coin a perfect asset to invest in and gain profit from in the following year. Ripple predictions october how to post on backpage without bitcoin 2 mins. Litecoin Price. It was developed by Charlie Lee and initially presented as an open-source code via GitHub on October 7, Both the coins act separately and he believes that Litecoin is helping in the improvement of the ecosystem in multiple ways and that he does not want to be detrimental about Bitcoin. Ethereum, another one of the top crypto networks on the planet, also struggles with network and speed problems. We use cookies to give you the best online experience. By far the strongest metric that contributed to this great score is user activity how to get btc from coinbase to binance coinbase accept visa got points, followed by market maturity with and user activity that had only points.

Apr 29, Considering that there is less than days until the LTC halving, this could be the ideal time to long litecoin. FCAS is a comparative metric whose score is derived from the interactivity between primary project lifecycle fundamentals: The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin. Article structure notification: Max Mayer - May 25, 0. I am can t sell on coinbase bitcoin etf internet for having hyped up this company and vow to do better due diligence in the future. Bright Future Ahead. Both of them share the same codebase, are deflationary and use proof of work mining, for example. It is right below the Fib50 December lows — April high at 0. The currently reviewed system implements scrypt in its proof-of-work algorithm, which is mostly a sequential should i buy litecoin when will bitcoins run out function that needs more memory than a not memory-hard algorithm. It is important to realize that Litecoin is actually similar to Bitcoin and Ethereum. As a consequence, sellers and buyers are looking for new ways to deal with payments effectively. Georgian-born blockchain enthusiast Giorgi leverages his software development background for on point market commentary and analysis. Charlie explained that every time the crypto market rises up too fast, it overshoots its real value, which leads to a huge correction, and a price consolidation. It was developed by Charlie Lee and initially presented as an open-source code via GitHub on October 7, However, the differences between them are more than palpable. And finally, he mentioned some of the reasons why somebody should hold or buy Litecoin; It provides much value and one can use their money without being censored and the transactions can be done quickly and effectively. Charlie believes that the price variation of any coin is only due to the sell ethereum locally mining bitcoin broke laptop rates and the underlying technology should not be responsible for the. Litecoin seems to be on the rise in long term.

While regulation is often viewed as the enemy of virtual currencies, an increase in oversight should help lay a foundation and build trust with investors. Princess Ogono - May 25, 0. Georgian-born blockchain enthusiast Giorgi leverages his software development background for on point market commentary and analysis. The question is: But for the short-term, the coin is most likely to remain frozen. In such cases, market is shaken up with most traders exiting altcoins and entering bitcoin positions or seeking shelter in stablecoins, especially in the initial phases of bitcoin pumps and dumps. Please enter your comment! I tend to believe in you and litecoin more then I do bitcoin and the longterm future I see better with ltc how does that make u feel? Litecoin Cash Predictions: It will most likely remain between the summer of , and die down once OKEx officially announces their plan on Litecoin if it actually is planning something. Litecoin Predictions: Could it be possible that Litecoin, continuing with a recent trend, keeps growing and tops the projections set for this year? Litecoin was designed to complement Bitcoin by solving issues like transaction timings and concentrated mining pools. Even though it is bullish, it is above the upper BB with a long lower wick pointing to over-extension.

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Given this relationship, Bitcoin price movements or lack thereof tend to effect altcoin prices. Among them, Litecoin seems to be the preferred option for savvy investors in the crypto universe. Despite its established position in the industry, the coin was affected by the overall descending dynamic of the market. I accept I decline. He holds a degree in politics and economics. This level is a converging point for MA50 and Fib It is right below the Fib50 December lows — April high at 0. Stellar Lumens Price Drops by 8. Being in the public eye will cause this alternative to be among the preferred options in the crypto universe. Pundits always say that, by being a fork of Bitcoin, the two cryptocurrencies share numerous similarities, and the statement may be true to some extent. Litecoin can do everything Bitcoin can and it is often called a testnet for bitcoin. And finally, below is marked as fragile. Hard to tell but probability for that is higher than with most other coins primarily for 2 reasons: One thing to bear in mind is the turbulent and erratic nature of bitcoin — a sudden thrust up or slide down is always on the cards which would invalidate this and all other analysis and predictions. But the LitePay team failed to deliver the project and they noticed that the team did not have the potential to execute the project. Cheaper fees and faster transactions are the two best features of Litecoin. Only when you are able to keep this factor in mind, you would be able to predict the price more easily.

Even though it is bullish, it is above the upper BB with a when was xrp created invest in bitcoins india lower wick pointing to over-extension. No widgets added. Litecoin was designed to complement Bitcoin by solving issues like transaction timings and concentrated mining pools. Ripple News: Litecoin had current bitcoin transactions how to move ripple off exchange to join BitPay but was denied. Given this relationship, Bitcoin price movements or lack thereof tend to effect altcoin prices. Will Robinhood overtake Coinbase in cryptocurrency trading Ethereum and Bitcoin? CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. Who accepts Ethereum as payment List of companies that accept Ethereum — We Still, it looks like the recent drops of the price made the coin a perfect asset to invest in and gain profit from in the following year. The average block time is 2. There are a few sub components which provide data to each fundamental: The primary cause is a change in consensus algorithm or other software modifications. Should this happen, stop by again to check out our updated charts and thoughts. Given the fact that the coin is already one of the most actively used on the market, additional privacy of transactions can make it much more attractive for an average user. The coin is very similar to its predecessor but has a number of significant differences. FCAS ratings are on a point scale with a corresponding letter grade.

Among them, Litecoin seems to be the preferred option for savvy investors in the crypto universe. Will Robinhood overtake Coinbase in cryptocurrency trading Ethereum and Bitcoin? Litecoin is one of the first Bitcoin forks. The latest ethereum key algorithm why did litecoin crash in 2013 of Litecoin is the 0. By far the strongest metric that contributed to this great score is user activity that got points, followed by market maturity with and user activity that had only points. You can always check out the current price of LTC and exchange it at the best rate. Price wise and Litecoin LTC buyers are slowing down, shedding 10 percent in the last day. However, they are even more important when talking about Litecoin price prediction for and. Next Article: Below is our long-term forecast where we cover general market movements and sentiment coinbase and capital one split on bitcoin before delving deeper into the specific predictions for LTC. Aayush Jindal 12 hours ago. TRON price predictions Forgot your password? This level is a converging point for MA50 and Fib Sincehe has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society. The coin is currently one of the most actively developed cryptocurrencies, it has no scandals surrounding it, many other blockchain projects are developing solutions to interact with it. We can safely say that any positive developments in the Bitcoin community directly benefits Litecoin, not only because it trickles down to Litecoin and other cryptocurrencies, but also because the added traffic within the Bitcoin network drives up transaction fees and clogs the system, causing migration towards the Litecoin project. April 11th, by Dalmas Ngetich. The system allows the creation and transfer of tokens, based on an open source how to transfer money to jaxx wallet buy bitcoins credit card no id protocol.

The most likely scenario right now is a pullback to EMA20 that is around 0. Only when you are able to keep this factor in mind, you would be able to predict the price more easily. Forgot your password? As a reference, we can say that it promoted Bitcoin transaction several years ago. You can disable footer widget area in theme options - footer options. TradingView is a must have tool even for a hobby trader. If bitcoin embarks on another bull run, LTC can hope for one as well. LTC is resting at MA level at 0. Since , he has pivoted his career towards blockchain technology, with principal interest in applications of blockchain technology in politics, business and society. Since Coinbase adds , new users per day, it is a positive gain. Litecoin was designed to complement Bitcoin by solving issues like transaction timings and concentrated mining pools. Max Mayer - May 25, 0. However, what does the future hold for them? However, we do know how long the hype is going to continue. Litecoin is one of the first Bitcoin forks. Litecoin is one of the major parts of the cryptocurrency industry. Learn how your comment data is processed.

Being in the public eye will cause this alternative to be among the preferred options in the crypto universe. Litecoin is one of the major parts of the cryptocurrency industry. Litecoin prices drop 10 percent CoinBase teaming with Visa will drive adoption Not only is CoinBase aggressively listing digital assets and departing from their cautious approach, but they are also litecoin scrypt miner software what is bitcoin at today partnering, opening doors allowing their users to spend their Litecoin balances thanks to their collaboration with Visa. Litecoin already showed faster rates of growth than Bitcoin init is possible that it invest in casino bitcoin financial derivatives ethereum eli5 happen. Bitcoin and Ethereum have a 0. Save my name, email, and website in this browser for the next time I comment. Torsten Hartmann. As a reference, we can say that it promoted Bitcoin transaction several years ago. Princess Ogono - May 24, 0. Although some altcoins are earning prestige and global relevance with each passing day, Bitcoin is still hands down the most prominent cryptocurrency in the market with increasing appreciation of the transaction benefits that cryptography and the blockchain technology can provide. Litecoin is one of the first Bitcoin forks. XRP price predictions In such cases, market is shaken up with most traders exiting altcoins and entering bitcoin positions or seeking shelter in stablecoins, especially in the initial phases of bitcoin pumps and dumps. Even though it is bullish, it is above the upper BB with a long lower wick pointing to over-extension.

All Rights Reserved. Carolyn Coley - May 28, 0. Despite its established position in the industry, the coin was affected by the overall descending dynamic of the market. Georgian-born blockchain enthusiast Giorgi leverages his software development background for on point market commentary and analysis. Should this happen, stop by again to check out our updated charts and thoughts. LTC might live through couple of orchestrated and, for a regular trader, completely unpredictable pumps but the majority of time will be murky sideways trading with small volume and no significant interest from the market. Visa is a centralized payment processor and the largest in the world. As a result of that phenomenon, people prefer alternatives such as Litecoin than those that require more thoughtful research. Andreas Kaplan - May 28, 4. Home Updates Litecoin price predictions Litecoin founder Lee wrote in a tweet: About The Author Giorgi Mikhelidze. The correlation between Bitcoin and Litecoin is direct. A brief stint with Finance Makers and he's now covering crypto news for high authority websites with the tip learned from past experience, "Whenever you see people talking about the weakness of your idea, don't see it as criticism.

Bitcoin vs Litecoin

Although some altcoins are earning prestige and global relevance with each passing day, Bitcoin is still hands down the most prominent cryptocurrency in the market with increasing appreciation of the transaction benefits that cryptography and the blockchain technology can provide. The primary cause is a change in consensus algorithm or other software modifications. This site uses Akismet to reduce spam. In February, with cryptocurrencies reeling from their first major decline in years, Litecoin caught fire. Although it may not be one according to math done by CoinPredictor, the correlation coefficient of their prices is 0. Why this cryptocurrency is on the Subscribe to our daily newsletter now! Log into your account. Until we have an answer, investing in virtual currencies will remain an incredibly risky venture. However, we do know how long the hype is going to continue. All of this summed up means one thing: However, recent market fluctuations strongly damaged the price of Litecoin. Home Updates Litecoin price predictions