Bitcoin has the possible fork coming up again, something LTC doesnt have to worry about.
I can definitely see LTC at $100 by year end (hell at the present pace might be there before Friday..jk).
Thus far, I have avoid BCH figuring LTC will fill the role that many espouse that BCH will.
I'm still avoiding BCH as well nothing like a coin out of no where and there are then 16 million of them and some how they have value? lol
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for sharing that.
I feel a bit better in my concern over that entity. I agree, it was created out of nothing, a fork from nowhere based upon an argument over how to better handle the traffic. Maybe the larger blocksize is a good idea....or maybe it isnt. Besides, arent segwit and lightening suppose to help handle the BTC problems.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yup exactly and the core developers dont support BCH just a few miners. I honestly think China backed it with a few billion dollars when it launched as a majority of the miners seem to be out of China
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Do you see the price collapsing for BCH or are there enough people who embrace it that it will hold up?
That was something that I saw pointed out as a major drawback to BCH...the fact that most of the mining was being done by a few entities. It wasnt a situation where there was widespread penetration among the miners.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It will always hold some type of value but I don't see it beating out BTC. Still many people are having touble getting access to their BCH but when that happens that's more and more coins to flood the market.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for all your insight.
My intuition led me away from BCH. In fact, when I was mulling a purchase last week, I considered BCH but passed and picked myself up a position in LTC. Like you posted below, I wish I had more. Sadly, my money is on hold for another couple days but I will be adding more (might wait for a pullback). I think this is a nice long term hold.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I'm inspired!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Where can I learn about the possible fork? I've learned so much just reading this post and comments. I too am bullish!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I honestly dont know how much is written up about it other than the speculation. There are rumors that another fork will take place in late Oct or Nov. I am not sure how set in stone it is.
I know I have seen people comment on it in Youtube video posts . You might want to search coindesk and some of the sites like that....there might be articles written on there.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I do believe Segwit2x is what is is called (google search should get you good info) Is still a few months out to when it would fork. Some support it some do not I think its dumb to support it honestly just another fracture and it hardly does anything for bitcoin.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit