As cryptocurrency has been declining LITECOIN has proven itself as one of the most stable altcoins in a very unstable market. A couple weeks ago Litecoin hit an all time high of $56. Litecoin has been trending down as of then but at a slower rate than other altcoins.
PROS AND CONS
PROS
• 4x faster confirmation
• More secure than bitcoin
• Large market cap
CONS
• Not largely accepted by buisness
• Harder to mine
LITECOIN will eventually be largely accepted as one of or the sister to bitcoin.
I wouldn't buy. See my prediction on Bitcoin...the mac daddy driver of all crypto:
https://steemit.com/bitcoin/@southerncrusher/been-very-busy-sorry-for-not-posting-until-now
Checked it out and I can see your point but for right now LITECOIN is a safe alternative. But bitcoin is still King
Litecoin is going to go places Caleb! Get into it, you will be a millionaire by the time you are 21!
I hope so! Thanks for commenting love the support like you guys are killing it
Time to double down on LTC. Seems like Ethereum is losing steem (no pun intended). Scalability is garbage and bottlenecks are rampant. Nice post insightful for aspiring investors.
Very much agree and thanks for commenting loving ok the conversation
Interesting notes, do you have any sources for the note about security?
Honestly I could give you a list of sources but all you have to do is read about the coin. It's said that LITECOIN is technically more secure than bitcoin and also it's allot better when it comes to transactions. Thanks for the comment!
Okay but now what about in relation to zen and zec. Or kmd is delaye proof of work, was just wonder if there was something that makes ltc exceptional