Should I Buy Litecoin October 2017 Instant

Litecoin was the first major coin to activate SegWit in 2017, a major protocol upgrade that optimized block space.

A significant sell-off in September was driven by China’s regulatory crackdown on exchanges. Litecoin was particularly sensitive to this because it had a large base of Chinese investors. should i buy litecoin october 2017

There was growing excitement about the Lightning Network , a layer-2 solution for instant payments, which saw its first successful transaction on Litecoin months before Bitcoin. Litecoin was the first major coin to activate

In October 2017, the decision to buy was a classic dilemma between a "stable" legacy coin and the explosive growth of the broader crypto market. At the time, LTC was priced between $50 and $60 . 1. The Market Context (October 2017) There was growing excitement about the Lightning Network

By late 2017, LTC was already one of the top three payment options on major processors like BitPay . 3. The Counter-Argument (The "Gamble") Latest Litecoin (LTC) News Update - CoinMarketCap