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RE: LiteCoin's HUGE Day! Breaks the $70 USD Mark for the 1st time!! More ATH's! Reaches $75 today! MOONING!!! | Charts / Overview / History / Useful Links.

in #cryptocurrency7 years ago (edited)

Yeah, SatoshiLite (Charlie Lee) is the man. He is now super active behind making Litecoin a Super coin.

Many new things to come and already achieved by Litecoin;

  1. Lightning network is prime time on LTC. That's a big thing for micro transactions. Person A to A is achievable. They are now working on person A to person Z through some party in between who has links to both A & Z. That's bit challenging so may take some time.
  2. LTC is also planning to implement stealth, i.e private transactions. Similar to Monero.
  3. Going forward LTC will have support for color coins; similar to ERC20 tokens. So ICOs could be held using LTC.
  4. The team is thinking on including smart contracts as well.
  5. Not to forget, SEGWIT was first successfully deployed by LTC and then BTC.
    BTC will be the KING and have an application as Currency but LTC will be much more than that.
  6. Also Transaction fees would be extremely low than BTC always.
  7. LTC transactions would be always faster and lighter than BTC.

LTC is catching up the gap between Bitcoin and itself. Technically the ratio is 1BTC to 4 LTC which doesn't seem likely but 1BTC to 30LTC seems possible in near future.

I won't be surprised to see LTC in between 120 to 160 soon. Keeping my fingers crossed. Three cheers to Litecoin and the man behind it. This is a golden opportunity hidden behind the Silver. Invest wisely...

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I want LTC to really really make it BIG time for lots of reasons.

Not all of which have all to do with my holding some, for my own gain either.

I believe it can honestly help change the world.

 7 years ago  Reveal Comment

@mralan, Yes I do agree that Charlie Lee is very active on twitter but it's not just the tweet text that matters but the meaning behind it. Yes, he is promoting his own coin but he is also making amazing enhancements as stated above. He is making many tweets but when people realize and know the real potential it starts rising.
Also if it would have been just a pump due to his tweet, I am sure it would have gone back low by now. Litecoin's potential is immense and $100 by this year end is sure. Though doing your own research is very important and that's the reason I mentioned LTC's progress above so that people are aware of the good changes happening to the coin.