Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 29. (Read 1468026 times)

People were saying that years ago when it crashed to one dollar. It's still here, and worth a damn site more than that today. Litecoin is useful if you want to make a fast transaction between big exchanges. It's on all the big exchanges and fast.That gives it value.

This goes with my assumption that LTC's difficulty will crash down because I think 65% or more of all Scrypt-POW miners are the Bitmain L3+'s or L3's. Way too massive a presence.

They have (as usual in the past) have had a lot of folk (IMHO) mine at a loss anyway in the hope of others dropping out of mining. (Unlikely if you have a Bitmain L3+

..the yo/yo effect..a mess dump..diffculty goes down....a mess turn back on...difficulty goes up...a couple of months of this is likely all a guy/gal can take, and it has been that long)

Thus, with the current price and about 65% (again, IMHO) it is only when 'miner capitulation' for the Bitmain L3+ is no longer in any way profitable to mine

that, the LTC price MAY go up in value. I say MAY because a lot of miners are gonna stay far, far away from investing in LTC after the above 'miner capitulaztion'

and thus, probably, again in my view, gonna go 'screw it' and HODL BTC instead. Indeed, a case could be made that LTC could go even further down in price, because

a lot of miners ....again, if my 65% view above is true, would mine and HODL. This is no longer the case I think.

So a triple whammy, miners go off, LTC HODL'ing is diminished, the price reflects this, price of LTC dumps.

As I've said the LTC Foundation needs to do some PR and get Mimblewimble and/or other developments out. Or LTC risks staying at the 'copper' to bitcoin gold and

retreats from the field with Bitcoin Forks like BCH and BCV continuing to act like the Silver to Bitcoin's gold. It really, really, sucks, but how I see things backsliding at this time.

Again, sucks.

Brad

Litecoin soon will die, because it hasn't any reliable use. Nowadays price-drop only confirming it.

I Made on My local board: How to sign message Litecoin use Electrum-LTC
I need you are feedback and review about my thread.
Not sure already or not, I will try to translate to English here if agreed.

Price drops, it's not profitable for some miners so they shut off the equipment or move to something else.

As price drops, so will the hashrate as more move away. It's still way higher than it was back at the beginning of the year.

https://bitinfocharts.com/comparison/litecoin-hashrate.html#2y

Hashrate ltc   227.391 Thash/s -10.88% in 24 hours

At the moment there is no FOMO about BTC as compare with few months ago in general overall market sentiments are showing bearish trend that could be the reason why there is no stability in the price. I think big wales are accumulating heavily right now so there is roller coaster line.

eah . ur imho good

Looks to me that people are selling so they can buy bitcoin as it's been dropping in price.

i think soon x2-x3 on ltc
look ltc volume 24hrs 
https://coinmarketcap.com/ru/currencies/litecoin/

Why would people feel lonely without old timers?

Moreover, old timers like GMaxwell, theymos, DannyHamilton et. al. are pretty active in the forum.

You should post more in the forum. Almost all the old-timers are gone or don't care enough to be seen around. (they are probably enjoying their lambos) People feel lonely. Give them hope Guess the next ATH just like you guessed the last one.

It became part of the history and now it looking pretty hard to see this level $8 again. LTC is looking very promising so many big news around us and still community is very positive and showing good support to this so it will gain more value in coming days instead of lose its value.

I don't think you'll see a rate below $ 30, and for $ 8 I'd buy one myself  . No one heard it might be the pump? So it's a shame that the coin is quite famous, and the course is quite small.

I wish it will drop that low! I have some buy orders around there but I don’t think it will drop that much but I’m waiting with ya lol

i want bay ur ltc for 8-10$  and sell you for 70 $
=)

Belated Happy Birthday Litecoin!

Here is a question to Litecoiners. How many of you will be interested, as a player or bankroll investor, if Chain-Bet.com runs on Litecoin blockchain?

 im wait ltc for 8$ price

Back then, I thought the Chinese whale traders are backing up Litecoin because the greatest trading volume was in Okcoin China and Houbi before the trading ban by China. And now, I don't know who are the majority holders of this coin so the future of Litecoin is uncertain.

Since Electrum has announced Lightning support for its next release, there is a good chance it will be supported in Electrum LTC rather soon too.