Are The Tables Turning? Litecoin Transactions Compared To Bitcoin Are 75% And...
Data compiled by @MASTERBTCLTC shows the number of Litecoin transactions is just under 75% of that of the number of Bitcoin transactions. “Litecoin transactions are 75% of the total bitcoin transactions. When will litecoin transactions flip bitcoin transactions? Sometime in 2021 I predict. 227k BTC vs 168k LTC transactions.” More significantly, @MASTERBTCLTC suggests this could […]
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Bitcoin has faced growing competition from newer cryptocurrencies, one of which is litecoin. Bitcoin was first introduced around 2008 in a paper by Japanese Satoshi Nakamoto and rose to fame for the next few years while litecoin was launched in 2011. According to its creators, litecoin could act as a secondary cryptocurrency to bitcoin, just as silver is a lower kind of precious metal compared to gold. As of this writing, litecoin has a market capitalization of around $75 million and is actually proving to be a rival of bitcoin, which is currently holding a market size of $4 billion.....
How an army of amateur traders from the WallStreetBets Reddit channel is turning the tables on traditional investors.
Could it be? For those of you who missed it (most of us), the second Bitcoin convention "Inside Bitcoins - the future of virtual currency" was held in Las Vegas, Nevada on December 10-11. There were many prominent speakers, including Bobby Lee, CEO and co-founder of BTC China. As most of us know, BTC China helped cause the massive spike in Bitcoin prices recently. And now, something similar could happen for Litecoin. Litecoin is the second most popular cryptocurrency; many have compared it to silver as they compare Bitcoin to gold. However, although Litecoin was meant to be worth 1/4 the....
Litecoin is implementing Segwit, and that could lead to increased interest in the alternative cryptocurrency once ranked largest after Bitcoin, but now ranked third after Ethereum and Ripple. With Segwit, Litecoin Is Taking a Risk. As the Bitcoin community still debates what solution it would like to implement to solve the block size debate, the Litecoin....
MrBitco.in announced that they have officially sold the last Litecoin on their ATM network and do not plan to support it on their platform in the future. According to an announcement on Reddit from the Netherlands-based collective, the reason to pull Litecoin sales from MrBitco.in ATMs is due to low interest in the currency and a small market. Dwindling user interest in Litecoin caused us to decide to stop selling Litecoin through our ATM network,” the collective said. “The number of Litecoin sales (compared to Bitcoin) was so small that we concluded there is no market for Litecoin sales....