Charlie Lee Predicts Litecoin To Surpass Bitcoin Cash Inward Value...
Charlie Lee took a jab today on Twitter at Bitcoin Cash. The "flippening" refers to the high hopes of Ethereum fans - that 1 solar daytime things volition flip, making Ethereum #1 as well as Bitcoin #2. On that theme Lee says it "will never happen".
But his adjacent judgement is bringing him both applause as well as hate, depending on where you lot stand upwards on the theme of Bitcoin Cash. Stating Litecoin volition overtake Bitcoin Cash "this year".
It could truly come about - to travel clear, i'm proverb 'could' non 'will'. LiteCoin foundation as well as independent developers are expanding on LiteCoin's functionality, with an emphasis on real-world use.
At the same time, Bitcoin Cash is facing roughly existent challenges every bit to a greater extent than exchanges adopt SegWit for Bitcoin (the original) we're expecting Bitcoin transaction times as well as fees to teach fifty-fifty lower than the iv calendar month depression they're at today. While Bitcoin Cash supporters are roughly of the close song with social media - the reality is it's never performed beyond 10% the sum of transactions every bit Bitcoin on whatever given day.
In other words, if Bitcoin addresses it's issues earlier Bitcoin Cash grabs plenty of the marketplace -
there's a existent conduct chances it gets left behind as well as forgotten - as well as taking only 10% of transaction book away from Bitcoin, piece all the same impressive, isn't plenty to insure it's survival long term against an improving Bitcoin.
But his adjacent judgement is bringing him both applause as well as hate, depending on where you lot stand upwards on the theme of Bitcoin Cash. Stating Litecoin volition overtake Bitcoin Cash "this year".
The flippening (ETH>BTC) volition never happen. But the flappening (LTC>BCH) volition come about this year. 🐔🚀 pic.twitter.com/vn9XBdZNC3— Charlie Lee [LTC] (@SatoshiLite) February 25, 2018
It could truly come about - to travel clear, i'm proverb 'could' non 'will'. LiteCoin foundation as well as independent developers are expanding on LiteCoin's functionality, with an emphasis on real-world use.
At the same time, Bitcoin Cash is facing roughly existent challenges every bit to a greater extent than exchanges adopt SegWit for Bitcoin (the original) we're expecting Bitcoin transaction times as well as fees to teach fifty-fifty lower than the iv calendar month depression they're at today. While Bitcoin Cash supporters are roughly of the close song with social media - the reality is it's never performed beyond 10% the sum of transactions every bit Bitcoin on whatever given day.
In other words, if Bitcoin addresses it's issues earlier Bitcoin Cash grabs plenty of the marketplace -
there's a existent conduct chances it gets left behind as well as forgotten - as well as taking only 10% of transaction book away from Bitcoin, piece all the same impressive, isn't plenty to insure it's survival long term against an improving Bitcoin.
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Author: Mark Pippen
London News Desk
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