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)
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 should i buy litecoin october 2017
After a massive run-up to over $90 in early September, Litecoin had pulled back and stabilized in the $50–$60 range throughout October. In October 2017, the decision to buy was
LTC was widely marketed as the "silver to Bitcoin's gold," offering faster block times (2.5 minutes vs. BTC's 10) and lower fees. 2. Reasons to Buy in October 2017 The Market Context (October 2017) By late 2017,
Litecoin was the first major coin to activate SegWit in 2017, a major protocol upgrade that optimized block space.