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
I think litecoin’s price is actually indicative of how much bitcoin’s price is propped up by speculation. If the price of bitcoin was entirely based on it’s utility it would probably be more proportional to litecoin.
Isuru MS Answered question June 8, 2022