Well, if Bitcoin scaling keeps having issues, you can be sure people will be hoarding LTC because the know the potential of it. Therefore it will go up. If Bitcoin scaling fixes, then Bitcoin will go up and there's no real need for LTC. However, it's safe to have as an "insurance" on your Bitcoin holdings
Good info, so say bitcoins scaling is fixed on August 1st, do you see Litecoin dropping as a result? I still see a value in Litecoin post bitcoin scaling fixes, especially with Charlie Lee
Well, if Bitcoin scaling keeps having issues, you can be sure people will be hoarding LTC because the know the potential of it. Therefore it will go up. If Bitcoin scaling fixes, then Bitcoin will go up and there's no real need for LTC. However, it's safe to have as an "insurance" on your Bitcoin holdings
Good info, so say bitcoins scaling is fixed on August 1st, do you see Litecoin dropping as a result? I still see a value in Litecoin post bitcoin scaling fixes, especially with Charlie Lee
I'm not sure. It may dip, but in the long run I think Litecoin will always be there as a test-net for Bitcoin