Blockchain

Story: Litecoin (LTC) Blockchain Improving and Beginning to Show True Potential

By Steven Anderson

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The number of transactions on the Litecoin blockchain is rising and these are not micro-transactions, this is people moving real world value.

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One enthusiast stated, I only send Litecoin. Traded all my Bitcoin for Litecoin. Litecoin is better money.

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There continue to be critics who forgot Charlie Lee’s clarification and continue to yap stating:  Don’t forget that Litecoin’s founder Charlie Lee, dumped his shares right…

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There are others who stated, I hold a little LTC myself but Litecoin is kind of a gateway cryptocurrency.

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There is no denying that it is a perfect technology compatible with commercial integration with its lightning-fast infrastructure.

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Someone who was moving LTC to BlockFi to earn interest stated, until we start seeing some serious valuation - An old saying in Finance: "Never touch the principal.

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Holders have to reinstate that Litecoin is Silver Sterling and that they are going to continue holding it.

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As on Feb 14, 2021, Over 2M Litecoin blocks have been mined and Litecoin is continuing to reach YTD high of $220+

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David Schwartz early this month tweeted “Open interest on Litecoin futures hit a record $584 million, a signal that institutional investors like Bitwise and Grayscale Investments…

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However, the author of the publication pointed to how one should keep in mind that such an event is not necessarily positive since futures contracts require both a buyer (long)…

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Reportedly, Grayscale Litecoin Trust (LTCN) has added another $210 million worth in assets under the management which was issued initially to institutional investors.

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Also, it has been stated that when the Litecoin's privacy features are eventually implemented, this could finally give the Altcoin the much needed push to improve in the price…

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The Snippet information: Electrum-LTC is a simple, but powerful Litecoin wallet. A unique secret phrase (or “seed”) leaves intruders stranded and your peace of mind intact.

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