RE: Is Litecoin's new base at $40 till the next bump up?

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Is Litecoin's new base at $40 till the next bump up?

in litecoin •  7 years ago 

I agree with your analysis of LTC, I was unlucky enough to sell my LTC holdings for ETH 3 days before the big hike. I think LTC should climb quite nicely in the coming months, especially with Charlie Lee leaving Coinbase to focus on Litecoin.

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Yeah, @dantethegreat brings up a great point about the scalability advantages of LTC... who knows it may continue to rise even after these next 10 months... It looks pretty good to me right now, if for nothing else it's continued ease of use to exchange and buy because it's in more exchanges now than other alt coins gives it big advantages.

That's true. I really think that the ease at which you can exchange it will definitely be an advantage. I also think LBC is a good store for value in the next few months whilst bitcoin goes through this phase of uncertainty