Litecoin is on a RIP to the upside. LTC is one of my favorite Crypto's. Fast, relatively cheap. I would rather pay with LTC than BTC. Bitcoin takes a day to a week for it to get verified. What you bought for $100 worth of BTC could turn into $300 worth of Bitcoin by the time the transaction is finished. That's what makes Bitcoin not the most efficient Coin to pay with. I don't want to pay with such a volatile coin that either can cost $300 for a $100 item by the time you get your transaction filled.
Litecoin is much faster and not so volatile that you might lose a few bucks and not 100's on a transaction. The speed of transactions is what's important to me when actually using Crypto to purchase whatever it is you may purchase. Big future is u for Litecoin. Mining is much more awardable than BTC. You can waste 1,000,0000 Kilowatts a day for a year to make .000000001 Bitcoin. China's money, they have FREE electricity. China is smart to rule the Bitcoin market, they pretty much own it.
I will keep this short and sweet. Many people have asked me about buying items with Bitcoin and other Crypto's. I am here to tell you what I've been through. I would rather buy with Litecoin. It's called Litecoin for a reason. The hashing is faster, not as popular as the China BTC, and when purchasing items you don't have to worry about your LTC changing from $100 to $700 in a matter of minutes. Bitcoin purchases take too long for them to get mined and certified. Litecoin (LTC) I can make a purchase and have it go through in a matter of minutes. More practical for purchasing than Bit Coin. How would you like to buy something for $5 and by the time the transaction is complete that $5 of bitcoin just went up to $50 dollars, so you just paid $50 for a $5 item.
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China own's Bitcoin and can build farms, mine BTC's as much as they want because Electricity is free. However, America cost of energy is so expensive that mining is not worth the cost of electricity you use for $1 worth of BTC. LTC (Litecoin) still has a bit of a chance, not so profitable but at least you can make a buck or 2 every few days. LTC is on a RAGE, going up and up. Today being the #1 Crypto going up +15.31% in 24 hours. Making a new high of +208.93% for the year. 1 Litecoin = $127.11 as of this writing. Not at the all time high yet of $420 dollars in December of 2017. If you were lucky enough to buy Litecoin (LTC) at around $3-$4 dollars a coin a few months before that pop? Well who ever cashed out on that December of 2017 had a very MERRY CHRISTMAS.
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Thanks for reading my article. I just had to get it off my chest. I have been a Litecoin Holder for years and feel there is so much upside as other Crypto. Bitcoins will all be bought up by the Greed of Wall Street, which is cool because then we sell them back to them to get rich and make them loose money. Afterall that is what Crypto is for. Giving the little person a chance to play the most Ultimate Best game of the World. Stock Markets. Crypto gave us "Normal People" a chance to trade 24 hours a day and have that elite status and thumb our noses of these OLD ass GREEDY people like Buffett, Kramer and CNBC, NYSE, and the people that run it as well as the SEC and the politics behind it. I say KEEP ON GOING.. Mine those coins, farms if you can, DeFi, and let's pump up the markets and get back what the WALLSTREET of America took away from the common person of America..
Love Yall, thanks for reading my article. Sometime I have to VENT when I am MAD!
Xox
Lilly V
V
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