Home Altcoins News Charlie Lee Speaks about Litecoin (LTC) Longevity and on Why People are Buying into it

Charlie Lee Speaks about Litecoin (LTC) Longevity and on Why People are Buying into it

Litecoin LTC

This is a really great explanation for why Litecoin is the right coin. The choice is simple, choose Litecoin.

An LTC enthusiast stated, Litecoin is the money for the people. Here’s why you need to accumulate Litecoin.  MWEB – High liquidity – On every exchange – Secure and safe to use – Low TX fees – Fast TXS – 100% uptime – Decentralized – Censorship resistant – Global adoption – Store of value.

A Litecoin Critic stated, sell Litecoin fast and invest in other coins early. Litecoin is outdated and it falls more than other coins, but rise less than other coins. Go for DOT, LINK, and BTC instead. They are game changers.

Charlie Lee stated in his own words:  The great thing about Litecoin is that it has been around for a long time and it has been almost 10 years.  This year marks the 10th year and Litecoin has been in the list of top 10 currencies, since its inception.  There have been a lot of other coins with a higher market cap than Litecoin and LTC has always been there on top.

Recently, there have been a bunch of coins like kind of Litecoin.  Who knows that they are similar, but the good thing about Litecoin is that it has longevity, in all these coins.  A lot of these coins that are currently in hype and they wanted to have like a routing network for example they don’t have to be functioning properly.  However, with Litecoin the future, the potential is bright and that is why people are buying in to it.

One of the Singapore users stated, it’s real that I can buy Litecoin using PayPal. I am using my US PayPal account. My Singapore account does not support it.

In response another user stated, I believe PayPal’s plan to add LTC as a funding source, so you can pay with LTC. Not sure if it has been enabled yet. There’s like 25M merchants who accept PayPal. Crazy.

Some other user stated, I have been able to buy Litecoin on PayPal for some time now on my U.S account. I am just waiting to be able to fund Payments on Paypal while paying with Litecoin.

When all the excitement about the Paypal and Litecoin thing is happening yet another user stated, don’t buy LTC from PayPal. You don’t get to physically own them or transfer them outside of PayPal. When you buy crypto from PayPal, you are only buying numbers on a screen as you can’t have the full custody of ownership of what is bought from PayPal.

Another user clarified stating, PayPal still need to enable you to withdraw it they are trying to become centralized in a decentralized market.

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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