Mark Mason
Well-known member
Hedge Fund Doubts Litecoin's Viability, How Does Dash Measure Up?
The crypto-fund Multicoin Capital has released an in-depth analysis on why they believe the arguments in favor of bull market movements for Litecoin are weak and do not stand up to scrutiny.
The paper started off by disclosing that the firm is short Litecoin and went into saying “Litecoin is a relic of the pre-smart contract platform crypto ecosystem” and is on the decline. The paper listed many reasons that included market maturation, negative catalysts such as Segwit and Lightning Network reducing the need for Litecoin, lack of funding to the Litecoin Foundation, and Charlie Lee’s divestment from Litecoin. The paper then goes on to discuss these and other attributes in more detail and debunks common arguments that are used to support Litecoin due to inaccuracies or insufficient evidence.
Read more - https://www.dashforcenews.com/hedge-fund-doubts-litecoins-viability-how-does-dash-measure-up/
The crypto-fund Multicoin Capital has released an in-depth analysis on why they believe the arguments in favor of bull market movements for Litecoin are weak and do not stand up to scrutiny.
The paper started off by disclosing that the firm is short Litecoin and went into saying “Litecoin is a relic of the pre-smart contract platform crypto ecosystem” and is on the decline. The paper listed many reasons that included market maturation, negative catalysts such as Segwit and Lightning Network reducing the need for Litecoin, lack of funding to the Litecoin Foundation, and Charlie Lee’s divestment from Litecoin. The paper then goes on to discuss these and other attributes in more detail and debunks common arguments that are used to support Litecoin due to inaccuracies or insufficient evidence.
Read more - https://www.dashforcenews.com/hedge-fund-doubts-litecoins-viability-how-does-dash-measure-up/