Rough Sailing Ahead for Litecoin (LTC.X) and Bitcoin Cash (BCH.X)
I’ve never been a huge fan of bitcoin due to its inability to be used on a daily basis. Its confirmation times are slow and its fees are way too high. As a whole new Cryptocurrencies on the market today have better tech, privacy, and deliver better day to day use than Bitcoin. The charts below show the transaction fees compared to other Cryptocurrencies and average confirmation times by month for Bitcoin: 
The Lightning Network is a game changer in the crypto world and is a life saver for Bitcoin (BTC). This technology relieves the congestion and reduces fees. It essentially eliminates the traffic jam by by keeping people off the main network and allowing them to instantaneously send/receive payments. Litecoin (LTC) & Bitcoin Cash (BCH) have been so successful because of their high speeds and low fees, but what need do they serve with the successful completion of the Lightning Network. Bitcoin has the advertising, money, and backing to consume both of these coins in my opinion. I think the founder of Litecoin, Charlie Lee, also see's the writing on the wall as he sold all of his coins during the recent price surge of Litecoin.
Conclusion:
The creation of the lightning network will not bode well for LTC & BCH as it reintroduces BTC as an everyday usable currency. Im anticipating a 50K price target for EOY 2018 for BTC. At the time of this writing i do not hold any of the above mentioned coins and advise everyone to do their own research before buying and selling any Cryptocurrencies. Please comment below with your thoughts, i love hearing the opinions of others. Also let me know if i made any errors in the above article.
today i spent most of the day mining BCH its so muc faster and much more profitable to mine and bitmain (the largest if not the only current sha 256 algo mining ASIC company their last few batches only accepted BCH for their transactions... buy sell trade or dont and just talk about it like. i suggest if your going to talk
about the game you play it a few times. JUST MINE IT
nice system! Good Luck!
thanks that was my old rig.
now i have
upvote and follow for more mining info
This is a really interesting perspective on the Lightning Network shift. The probability for this scenario (BTC to make a resurgence vs LTC /BCH) seems pretty high. I think Litecoin still has a long way to go simply to bring itself to fair value against BTC, though. Hopefully, the LN will allow all three to ride a new wave of participation and it won't cause too many problems. I really don't think Charlie Lee has any way to not profit from anything he does at this point regarding LTC. He will be involved with multi-million dollar deals for life just being associated with this so he doesn't need to be HODLing LTC like the rest of us peasants!
I agree!
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Great info, Thank you
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