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 SegWit in 2017, a major protocol upgrade that optimized block space. should i buy litecoin october 2017

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 There was growing excitement about the Lightning Network

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) a layer-2 solution for instant payments

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.