Great post. I think that there is no doubt that Litecoin offers everything that Bitcoin does at a faster, more low cost and more scalable network. I think that Litecoin will be able to scale in the future, purely due to its development team. If you look at the ethereum foundation grants for scaling research, it is clear that scalability is becoming a top priority for top coins. I imagine that Litecoin will too scale to meet the needs of its user base.
I think that Litecoin is still quite undervalued, and that 2018 will be a great year for it! I'll be doing an in depth anlysis over on my page soon.
@lukebrn that's a great contribution and yeah I believe that litecoin is greatly undervalued and I also believe that this year, litecoin real value will be unleashed.
Regarding scalability, it's now one of the most important issues discussed daily in the industry because we are getting near to the future and more people are waking up to the decentralization age reality. I hope litecoin will be able to scale and meet the demand of a huge market.
@bania thank you. I completely agree!
Scalability really is huge this year and will continue to be of great importance, without a doubt. I guess we'll see how it fairs out but I have faith in it!
I really hope ypure correct. I think LTC has been losing ground as more people trade it for popular alt coins. LTC is easy to purchase, fast to transfer, and has low fees. ETH has the same but I think more people are bullish on ETH and will HODL. LTC really needs some good press and a few major players to adopt it. Imagine if an online retailer like eBay or Amazon began accepting LTC! Until that happens, I doubt well see the same level of returns as Q4 2017.
@digitaldruid most people trading ltc for other altcoins are more of speculators than investors. ETH can't compete with LTC because they were designed for different purposes and yeah, I agree that more mainstream retail giants acceptance of litecoin will trigger wider adoption and unleash litecoin real potential.
I really think this will happen within next month
Let's hope for 500 USD per coin in few months :)