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RE: What is the Point of Litecoin These Days?

in LeoFinance3 years ago (edited)

Litecoin will blow past 1k soon. It probably will outperform, its not going anywhere it has the second longest history behind it after BTC, it was the first alt coin etc etc. That all speaks for itself as well its POW means its staying for good. I use it now to move money out of Binance to coinbase because the fee is 30 cents instead of 30 dollars. It has its place and i doubt it will go anywhere, when its blazing past 1k yours and everyones perception will change with it. The thing about all these new coins is that they are new, and shiny, thats what gets people excited. But ultimately POW coins are the ones you want long term.

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Interesting perspective, I'm not saying I won't buy back in, but I'm just not feeling it ATM.

I've got some pooled with BNB - and the way the later's been performing I've gained 50% more LTC than I pooled!

I'm about ready to start stacking a bit more BTC, I might just stack some LTC along the way.