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It’s been running since 2011. From cost perspective BTC network is only 8x more expensive than LTC. And the hash rate has double in 6 months. Lightning is suspect. May or may not work at times. The amount of transactions going up every year for LTC.

BitcoinStu 11mo ago 💬 1

Bitcoin is effectively free to use on Lightning, which is about a million times cheaper and faster than the insecure Litecoin garbage. Your hashrate can double from one guy plugging in his mining rig because your hashrate is dogshit. Lightning works great.

Face it, you invested your money in some bullshit alt coin and now you're stuck underwater. Your coin is down 98% from it's all time high against Bitcoin because the market has realized it's shit. Wake up more Platinum Bear, Litecoin is a failed project and going to 0. Get out now, while the network is still operational.

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Discussion

Platinum Bear 11mo ago 💬 1

I have no money invested in LTC. I am just sharing the data. I agree it’s down from its ATH, but 75% just like BTC was 2 years ago. I don’t think the network is going to zero. My theory is as the crypto industry consolidates money will consolidate into a handful alt coins. I don’t endorse any one coin. However, BTC is the superior network and store of value.

BitcoinStu 11mo ago 💬 1

The industry will consolidate into a single protocol, Bitcoin. Litecoin is a dead project, no one accepts it and no one ever will.

Platinum Bear 11mo ago 💬 1

I think in a moral perfect society that’s the correct answer. However, there is a reason why there is 180 paper currency in circulation today.

BitcoinStu 11mo ago 💬 1

yes, exactly. Comparing Litecoin to fiat currency is a good and accurate comparison.

Platinum Bear 11mo ago 💬 1

I think you misunderstood me, but that’s ok. You have a great day.

BitcoinStu 11mo ago

I understood you perfectly, I think you didn't understand me.