Topic: do you think litecoin will recover ? (Read 1994 times)
The pump brought some exchanges allowing fiat to litecoin directly, this is a big factor in the future pricing on litecoin.
Of course it can recover. Glad i already bought now.
Segwit was a good news story, which is why it pumped. But... no-one uses Litecoin. There were only 9,753 transactions in the last 24 hours:
https://bitinfocharts.com/comparison/litecoin-transactions.html
That means that people arn't switching to use litecoin, even though there is a transaction backlog on bitcoin.
If this continues and no-one uses it, there is no reason for the price to rise.
https://bitinfocharts.com/comparison/litecoin-transactions.html
That means that people arn't switching to use litecoin, even though there is a transaction backlog on bitcoin.
If this continues and no-one uses it, there is no reason for the price to rise.
im getting tired of the btc transaction delays and ridiculous fees.
today i sent someone ltc instead of btc (i own both). transaction was confirmed in about a minute with a 6 cent free.
im sure others will come to the same conclusion. ltc will become the main coin for payments.
Well it seems some of my buy orders got filled. Let's hope it goes a little lower.
I don't think LTC can recover.
Why not? Hash Rate rising, difficulty as well. Interest is highest ever.Fall it will be stopped at 0.01 approximately. Then will start another run UP. At the same time XRP will be dumped and all those free BTCs will hurry up to join, this can be even better one. BTC rests at the moment , so we have big chances.
I don't think LTC can recover.
If there were an easy answer to that question, we would already know.
short term it i'll guess that it's toast.
longer term it depends on a few industry players like coinbase and bitpay. if they start to use it for merchant processing then maybe alot of people will switch over, i probably would. i don't think bitpay will but coinbase is on the litecoin train now.
longer term it depends on a few industry players like coinbase and bitpay. if they start to use it for merchant processing then maybe alot of people will switch over, i probably would. i don't think bitpay will but coinbase is on the litecoin train now.
Too many whale games kills trust. People already had an issue from the last LTC pnd Ponzi during the last halving.
No. Litecoin will go down for the next 2 years until the next halving pump. History will not change. Time to switch back to BTC if you haven't already.
My prediction it will recovered but not that soon, now the alt coin prices is down due to the dump, but there are a lot of investors are enthusiastic to used litecoin since bitcoin is a bit slow in transaction and I heard there will be a lot of business going to implemented litecoin
Of course i guess it will recover in it just a circulation in the market maybe when the price go up it will go up in a high price in comming month so i guess no need to worry about our investment in litecoin i guess it will recover fast.
Segwit was a good news story, which is why it pumped. But... no-one uses Litecoin. There were only 9,753 transactions in the last 24 hours:
https://bitinfocharts.com/comparison/litecoin-transactions.html
That means that people arn't switching to use litecoin, even though there is a transaction backlog on bitcoin.
If this continues and no-one uses it, there is no reason for the price to rise.
It is hard for people to accept litecoin as the moment after its fallen in 2014. From my perspective, Litecoin will rise again but it will take a lot of time for it to recover from that damage. Moreover, litecoin needs support from some platforms or store to make it more popular. I am looking forward to seeing steam to add a new crypto to the payment method system. Hope that it will be Litecoin https://bitinfocharts.com/comparison/litecoin-transactions.html
That means that people arn't switching to use litecoin, even though there is a transaction backlog on bitcoin.
If this continues and no-one uses it, there is no reason for the price to rise.
Segwit was a good news story, which is why it pumped. But... no-one uses Litecoin. There were only 9,753 transactions in the last 24 hours:
https://bitinfocharts.com/comparison/litecoin-transactions.html
That means that people arn't switching to use litecoin, even though there is a transaction backlog on bitcoin.
If this continues and no-one uses it, there is no reason for the price to rise.
https://bitinfocharts.com/comparison/litecoin-transactions.html
That means that people arn't switching to use litecoin, even though there is a transaction backlog on bitcoin.
If this continues and no-one uses it, there is no reason for the price to rise.
Interesting, you have just given me an idea for a website that lists TPS rather than market cap.
it is hard to predict what will happen to litecoin in the future because people do not see the potential that litecoin can bring to us. Although Litecoin is a bitcoin copycat, we have to admite that litecoin has improved almost every mistake which can not be solved in Bitcoin. I highly support Litecoin, but I do not know what other people are thinking right now
Segwit was a good news story, which is why it pumped. But... no-one uses Litecoin. There were only 9,753 transactions in the last 24 hours:
https://bitinfocharts.com/comparison/litecoin-transactions.html
That means that people arn't switching to use litecoin, even though there is a transaction backlog on bitcoin.
If this continues and no-one uses it, there is no reason for the price to rise.
https://bitinfocharts.com/comparison/litecoin-transactions.html
That means that people arn't switching to use litecoin, even though there is a transaction backlog on bitcoin.
If this continues and no-one uses it, there is no reason for the price to rise.
i anticipated litecoin to be in the high 30's but its looks like its headed for the low 20's , do u think it will recover ?
investors are finally taking profit now, all coins are dumped, wait for the next pump for recover, it will happen i'm sure, but before a pump always come a price correction
The LTC developers seem to keep information closely held and don't seem to talk about their projects as much as the developers of other coins. Or that may just be my perception.
To be honest, I took that as being evidence that there was very little Litecoin development going on.
Happy to have been proven wrong given recent developments.
Totally agree, only segwit rumours are shaping the price of litecoin currently.
i think not only that but bitmain is pumping litecoin, to make it profitable for their L3 miners and sell more of those
Litecoin as an alt doesn't really offer much, the recent price rise was due to nothing more than it adopting segwit, its often seen as a testbed for bitcoin but its obvious to anyone that it doesn't actually offer much otherwise that bitcoin or other alts don't already do.
So to answer your question, I don't think litecoin will recover, and even if it does it will drop back down again for sure.
So to answer your question, I don't think litecoin will recover, and even if it does it will drop back down again for sure.
The LTC developers seem to keep information closely held and don't seem to talk about their projects as much as the developers of other coins. Or that may just be my perception.
To be honest, I took that as being evidence that there was very little Litecoin development going on.
Happy to have been proven wrong given recent developments.
Totally agree, only segwit rumours are shaping the price of litecoin currently.
The LTC developers seem to keep information closely held and don't seem to talk about their projects as much as the developers of other coins. Or that may just be my perception.
To be honest, I took that as being evidence that there was very little Litecoin development going on.
Happy to have been proven wrong given recent developments.
Jump to: