What is Litecoin and how this works in Simple words:-
Litecoin is P2P internet currency that enables immediate with minor fee cost payment system accessible to everyone. its completely decentralized and there is not a single third party involved in this system. Funds are in control of the users and no any other authority can interface.it is very fast in transactions and with the wide range of storage. LTC is the medium of commerce that is major to bitcoin.
Litecoin has introduced an Open sources software under MIT/X11 Licence so its easy to copy run and download everywhere with very low MB’s consumption’s, Transaction of Lite coin is four-time faster than bitcoin as it takes on only 2.5 minutes and bitcoin transaction takes minimum 10 minutes.
Bitcoin transactions charging fee is much higher with compare to Lite coin, litecoin fee is almost zero.
Charlie Lee a man with great sense, he is also former Google employee and knows how to manage the things professionally.
There is an automatic trading system between LTC and BTC.
The total supply is understandable of 84m only,
The big part of investors are chines and Chinese love business and LTC as a medium of exchange
Litecoin also offering Mining rewards to minors more than 84 Million Litecoins which is 5 time as currency units of bitcoin.
Litecoin Latest status as per Coin-market .
While observing coin market I decided to write this blog for my readers as this is the best time to hold some LTC. stats are on dated 16-Jan-2019
Current price is $31.73 USD with (-1.69%) fluctuation,
Market Cap $1,918,852,203 USD
Volume (24h) $538,685,809 USD
Circulating Supply of 60,043,350 LTC With
Max Supply 84,000,000 LTC
LTC performed a vital role in bitcoin and ripple capitalization,
Now Litecoin analysis and Price Predictions for the year 2019 & 2020.
Price Prediction is something that every holder want to browse with minor stock or big stock and everyone want to see his coin moon. with market research Litecoin hope for the big reward holders expectations are a little bit high expecting for litecoin close in the year 2019 with $700 as Litecoin is the largest cryptocurrency in the market. not only individuals are investor of LTC but some big institutions as well,This huge interest in Lite-COIN increasing its transactions day by day.as discussed earlier its the best time to invest in Lite coin to recover your loss that you suffered from shitcoin and get good profit by evaluating this price prediction.there are multiple reason holders predictions are high its linked with bitcoin and bitcoin growth directly effect litecoin system as bitcoin will be the future trading system, another thing that support above predictions as its simple as Bitcoin in understanding and now people from all level showing interest in Litecoin and making investments in this amazing system. as per press release by Coinbase they are getting amazing joining in Litecoin system over 100,100 people joining Litecoin on regular basis, also litecoin did not stop their marketing yet they are active on Reddit , telegram and other social forums, with understanding all this benefits of Litecoin we can even predict Litecoin will surpass bitcoin and this will be.
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