Once again, ETH makes an all time high meanwhile LTC isnt even half way to its 2017 all time high…
Why is LTC being suppressed because it should be in price discovery by now. I truly dont understand how this is possible if Grayscale is buying, Paypal is now available in US and alot of merchants using LTC
Underperforming? Litecoin was USD 40 six months ago. It’s now consolidating at USD 200. That’s a 5x increase in six months. You don’t find increases like that anywhere.
In fact, that growth shocked me. I was expecting Litecoin to appreciate in price more slowly, as I would collect Litecoin over the years as savings.
BTCUSD: If the price remains between 229 and 168 for some more weeks, the volume of trades are going to slow down. Trades are going to be less attractive.
But always remember LTC has been around for so long. Then HODL!
reading this discussion almost a year later is still very relevant because the uncertainty is still present. it looks like the LTC has lost between 37 to 40% of its value yet it has the potential to grow exponentially. i agree that we just need to be patient.