Litecoin trend 2018

For a while there Litecoin price looked like it was going to break out of the crypto trends and litecoin trend 2018 its own way. Then, it tumbled against the US Dollar. So what does one do then? It had not dipped that low since December 8 litecoin trend 2018so a two month value loss. It appears that this might be a good entry or re-entry Litecoin price.

Looking at the price trends it seems litecoin trend 2018 the next eight hours could determine where Litecoin price heads in the future. The price channel that it has been trading in is very much in line with many of the other major cryptocurrencies lately.

But if it can continue its current hour upward trend for another four hours it could break out and cross the day moving average. Now, there is talk of an actual Litecoin fork called, Litecoin Cash, of course.

At block there will be a fork that will create Litecoin Cash. All Litecoin holders will get a The reason the developers give for the fork is because Litecoin mining is becoming too centralized. They are looking to create an SHA coin for general use. Litecoin Cash will have a 2. However, Charlie Lee, the creator of Litecoin, has said that everyone should steer away from any fork, regardless of its name.

That should certainly be enough for Caveat Emptor — Buyer Beware. However, the fork could be the reason for the recent Litecoin price jump. Talk of the fork could be driving buying and litecoin trend 2018 of Litecoin until the fork hits on February 18 th. Again, big red warning lights are flashing on this fork. Reading through the Bitcointalk forum on it finds this:. This practice has become a widely understood convention.

Anonymous fans that are not attached to the actual Litecoin project are creating a fork of it? Seems specifically aimed at allowing ASIC miners to use that hardware again? Litecoin has been gaining a lot of adoption though. Litepay is working on getting Litecoin into the daily transaction litecoin trend 2018. Litecoin itself is also working on trying to get their crypto to be the daily transaction crypto for smaller purchases.

A lot of companies are also starting to work with the Litecoin API. There definitely seems to be a bright future for Litecoin in terms of adoption which could also help to give the Litecoin price a good boost. As always, we must state that this is not investment or financial advice. Please, if you are thinking about investing in Litecoin or any other cryptocurrencieslitecoin trend 2018 everything.

At the very least, see what other crypto investors are litecoin trend 2018 about something before blindly throwing money at it in hopes it will grow. Reading through the Bitcointalk forum on it finds this: Why are you using the Litecoin name? Is this an official Litecoin project? Q1 13F Filings — Quick Snapshot. Search News Litecoin trend 2018 ValueWalk.

Cryptocurrency markets are subdued at the moment and this is the best time to hunt for digital coins that hold great potential in the coming years. Although litecoin trend 2018 are many lesser-known tokens that could provide astronomical returns to investors in the coming years, we want to stick to one that we believe would provide litecoin trend 2018 returns sans the high volatility associated with other well-known cryptocurrencies.

Litecoin litecoin trend 2018 one such currency, which has been in the news since last month when LTC creator Charlie Lee donated all his holdings, citing conflict of interest. It has climbed up the ladder from being the eighth most valuable digital currency to the sixth within a week. There is a lot of optimism surrounding Litecoin among crypto enthusiasts and the reasons are not hard to fathom. Litecoin is a project with great utility for people who want to transfer small amounts of money or want to spend on inexpensive things, as they have to pay litecoin trend 2018 low fees compared to Bitcoin.

LTC has been developed as a lighter version of Bitcoin that offers quicker and cheaper transactions. Litecoin is one of the most promising altcoins available today and is gradually inching upward in terms of popularity as well as price. The following are the reasons why the future looks good for LTC and why we are bullish about the Litecoin price forecast for January Charlie Lee created Litecoin in and introduced a few important changes that could further improve upon Bitcoin.

And this is where Litecoin has the edge. LTC is better suited for smaller transactions where speed and processing fees matter more. Block time means the time required to verify transactions. Hence, a longer block time would lead to more confidence in the validity of transactions. However, for smaller transactions, a longer block time could actually be a hindrance and even be undesirable.

So because a high verification time is not required for small-scale transactions, LTC has reduced its block time, resulting in much faster transactions. Bitcoin has been struggling with its network congestion woes as well as higher transaction fees.

And the community plans to bring about upgrades that would help to take care of these litecoin trend 2018. However, Lee has found the utility for LTC for common people by focusing on small, day-to-day transactions. If more people use LTC for their daily small-scale transactions, it would become more popular, boosting the LTC price.

As the block time is faster, the network is able to handle more transactions. And this comes with lower transaction fees. On the other hand, Bitcoin fees have been going up astronomically, which is not going down well with the users. This would result in lower fees litecoin trend 2018 a faster network. SegWit is an upgrade that would allow more information to be stored in a block of verified transactions.

Both are important to make the Bitcoin network better and more attractive. He is extremely optimistic that the convenience and low fees of the Litecoin network will keep attracting users once both the digital litecoin trend 2018 are on the Lightning Network.

There is one catch, though. These innovative features would help the Bitcoin network become better, meaning Litecoin may have to work harder to remain competitive. The Litecoin community has a great development team and all eyes would be on what they do to make LTC better than litecoin trend 2018 other altcoins.

By Mukta Samtani litecoin trend 2018 Feature any Steemit post using resteemit. I am a robot. I just upvoted you! I found similar content that readers might be interested in: Litecoin Forecast Cryptocurrency markets are subdued at the moment and this is the best time to hunt for digital coins that hold great potential in the coming years.

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