...on the contrary, I see a glas half full , not a half empty one, when analysing Litecoin. And it isn´t a cheap wine either...
Some important facts:
- Litecoin is number three when it comes to volume (USD) traded so far this year (number two in China),
- Litecoin has an increasing network (+ 50% the last 6 month)
- Litecoins marketcap is 1/100 of Bitcoin and 1/15 of ETH
Gunarson also pointed out two factors that are even more important than mine for Litecoins long term potencial: its ethnicity and proven history.
I could ofcause be wrong, but my stomach is reacting just the way it did when Bitcoin was trading at the 250-300 level som 18 month ago...