Saturday, June 17, 2017

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The price of Ltc will go up and hit 0.03 BTC

There a lot of prediction that say that Litecoin will go the moon in the next few days and month, why ? ,in this articel we will see what is litecoin , why the price of this coin will go up , and how to buy it  .

1-What is Litecoin :

Litecoin  is a peer-to-peer cryptocurrency and open source software project released under the MIT/X11 license.[2]Creation and transfer of coins is based on an open source cryptographic protocol and is not managed by any central authority.While inspired by, and in most regards technically nearly identical to Bitcoin (BTC), Litecoin has some technical improvements over Bitcoin, and most other major cryptocurrencies, such as the adoption of Segregated Witness, and the Lightning Network.These effectively allow a greater amount of transactions to be processed by the network in a given time, reducing potential bottlenecks, as seen with Bitcoin.[5] Litecoin also has almost zero payment cost and facilitates payments approximately four times faster than Bitcoin.[6][7]
After Bitcoin, Ethereum, Ripple, NEM and Ethereum Classic, Litecoin is the sixth-largest true cryptocurrency by market capitalization.
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2-Why the price of litecoin will go up : 

the price of litecoin was 0.004 BTC during the past years , after that, we see the price of this coin increasing from 0.004 BTC to 0.01 BTC , the major raise of the price of this coin was the step that the big wallet in the world  »COINBASE  » take by adding this coin to his online wallet , what has increase the price of this altcoin and his market capitalization .
Now we have see that a Big increase of the price of this con will come , why ?
The litecoin will be add on Bitstamp one of the big exchange platform in the world on 19/06/2017  you can see that announcement here on twitter   ,add to that many Chinese exchange service will add litecoin soon , an many chinese firm has invest in this coin .added to that coinbase will improve his wallet of litecoin durring the time
in this graph you can see the predicion of exprets about the price of litecoin in the future :

To be short, I believe LTC 1.03% will rise again after the recent downward trend. It may fall back a little bit near the day 1st August. In the event that UASF (or Segwit2x or what ever it is to help solve Bitcoin scalability problem) is failed to be implemented, then LTC 1.03% will be pumped to the moon for a long long time.

3-The best way to get litecoin :

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3-1-Using your debit card : you can buy litecoin using your debit car directly from Coinbase  and changelly   
3-2- Using a bank transfer or SEPA  on kraken or  bitfinex  .
3-3- using payment process on exchange service : the most reliable exchange service that we use is changer .
3-4- you can also buy litecoin with bitcoin on  poloniex and bittrex , you don’t know how to buy bitcoin  ?, read this article  the-best-3-ways-to-buy-and-sell-bitcoin 

Jay Jay


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