LTC is almost to ATH, yet no one cares because bandwagon?

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LTC is almost to ATH, yet no one cares because bandwagon?

Every single LTC post I've seen on this sub has always gotten a lot of upvotes when criticizing litecoin. I think this is mainly because people hate that there is a faster clone of BTC still being talked about.

With it getting closer and closer to it's new high, I'd like to share a brief summary on why it might need some more optimism.

-"Cheaper" for retail investors

-Unitary Bias, holding a full coin vs a fraction

-Profit potential, if Litecoin scales to it's previous ratio of BTC, it could hit $14,000. Being as LTC is brinking $300, this has the potential to bring a lot more wealth than hoping BTC reaches 100k and double your money.

-Mimblewimble, optionally privacy features that are being accepted by institutions like paypal, things monero will never enjoy.

-No network downtime

-Silver to BTC Gold Branding

-"Boomer" coin status, of being a boring but WORKING coin.

-Store of Value

-Greyscale and other institutions buying more than is mined every day.

-Almost a decade of being in the top 10, when thousands of coins have completely failed.

My point of the above is to say, this subreddit seems to REALLY hate on every coin that isn't 400x in a single day, and then LOVE to be sad and boast about how cool it would have been to jump in. I know this is really just me complaining and whining about the general opinion of LTC in this subreddit, but it seems ignorant to think that a coin that has been around since bitcoin started, and has stayed in the top 10 since, is just going to fail and become nothing is just ridiculous to me.

May the downvotes be kind to my lower hole.

submitted by /u/OrganizedCrimeGuy
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