Why is LiteCoin not more popular?
Why is LiteCoin not more popular?
I mean honestly, when we look at the price of LTC and the transaction fees it doesn’t make sense that bitcoin has taken off to the extent it has while LTC seems to get ignored by a lot of newbies. I don’t want a rush of people coming in and creating wild spikes on the charts but it’s use as a currency is so much more realistic when it comes to paying and accepting transactions. thoughts?
Kasun Premathilake Answered question June 8, 2022
Because 90% of the people buying and selling do so because of hype and potential profit. Fundamentals play a very small part of the story and the vast majority of small holders don’t even know what they are buying or care as long as the price goes up.
Kevin Sung Answered question June 8, 2022