How many of you believe in Litecoin? - page 2.

SquallLeonhart

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Quote from: sana54210 on November 29, 2022, 06:41:48 AM

I still hold few litecoins which were collected through faucets and giveaways. I remember the times when litecoin was trading around 0.02 BTC levels and I am still believing that kind of price range for encashing my litecoin hoarding. I may sound non realistic but I am just expecting a kind of scenario like what happened for dogecoin.

Yeah, I mean if someone like Elon Musk decides to adapt and want to call themselves as a "litefather" then litecoin may resume its journey to stars. In my opinion, there are 99% chances for this to happen and if you ask similar things are possible for new coins then definitely there would be only 1% chances but for old gems there could be better chances. Like dogecoin, I am expecting waves, BCH, BSV, Tron, RDD to fly in coming years for different reasons/adaptions.

Those were the days for litecoin for sure, it was definitely entertaining and it was a great period for all of us. I have to say it is going to be like that for litecoin in the future again or at least that is what I believe in. I know that not many people believes that, but I do believe it and I think it will be amazing.

What we need to do right now is to make sure that everyone is considering the possibility of bitcoin being great for being early, but litecoin was in 2011 as well so it is very early too and still standing good at around top 20 for good. It means that something that is as good as litecoin and has been consistent, should be growing bigger.

Jackl87

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Quote from: Blawpaw on November 23, 2022, 03:23:04 PM

Litecoin has always been one of my favourite cryptos. It was the first crypto after Bitcoin, and it was the third crypto I mined first.
Nowadays, I do not mine cryptos any more, but I'm still hoarding Litecoin as I believe I will still make 10x or plus more than what I have invested. After Bitcoin, for me, it is the best.
So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?

I don't have that much experience with Litecoin because to be honest i have never owned any Litecoin nor mined it or something like that. As you already said Litecoin is one of those crypto projects that are around for many years now and for that fact alone i think it is a very likeable project. From the tech side it is not that impressive as far as i know of. It is a simple Bitcoin clone with minor tweaks to enable more transactions and lower transaction fees but that is pretty much it.
I don't really know if i believe in Litecoin or not, i think it is definitely possible that litecoin will face the same future as some other older projects that were among the top 10 a few years ago. It needs to be careful to not lose relevance slowly but surely.

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Quote from: Blawpaw on November 23, 2022, 03:23:04 PM

So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?

Litecoin is already an example of a blue chip in the cryptocurrency world. You can invest in Litecoin, but only when the coin is very cheap, as it is now, for example. Then investing in Litecoin is justified, but if investing in Litecoin happens on highs, this coin is not like bitcoin, which gives profits even if you buy the coin at ath mark. Litecoin, for example, rose only 15% last year, relative to the highs of 2017, so it's worth waiting until the coin collapses 70-80% to make the investment worthwhile.

masulum

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hmph..

Quote from: nimogsm on November 28, 2022, 05:02:26 PM

I don't believe in the $500 for LTC, but in stable 100 it is quite possible.New investors who come to the crypto market do not often buy old assets, they are more interested in more modern meme coins and tokens.I often buy some,if I have free money and use it even more often if I need to send funds between exchanges.I think a lot of people do that.

LTC is a coin that manages to follow the direction of movement of bitcoin price when bullish and bearish. For me, it doesn't matter if this coin is out of date. But, what is important is to keep it for a long term investment, LTC is more convincing than meme tokens which you think as a modern projects. I know, a lot of people hope to suffer the same fate as when doge reaches ATH, because doge is just a meme coin too. There is nothing wrong with that thought. But, if you don't think about the long term, have you looked at the research on how many thousands of meme tokens are being lost today with millions of dollars of investors' money that definitely won't be able to come back? Whereas you buy 1 LTC right now at $75, it will be safer to hold than buying 10,000,000 (meme tokens) worth $50 hoping that it will last as long as LTC.

ultrloa

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Quote from: asriloni on November 28, 2022, 06:07:13 PM

Quote from: Blawpaw on November 23, 2022, 03:23:04 PM

So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?

The days for litecoin to be called as silver in crypto already gone. We will not see that litecoin even surpassed $500 again. Nothing impossible but seeing from people these days taking utilities as everything to bet makes me sure if litecoin will not have even touched its ATH again.
Litecoin was lack of utility and it was only developing the anonymous related product that makes transaction gave more privacy to the users. Bitcoin needs to surpass 100k to see that litecoin will be touching such rate. I didn't even see any possibility for that price to be achieved by litecoin.
This old coin is also lose against the new token that being developed after that. These days people are valuing so much about something that being called as utility from the token. It was not even only offering BS. The only good usage for litecoin was for payment system purpose only.

That's what people said before on bitcoin especially when ATH hit and it dumps when bearish market happened but it defy all doubts from people since bitcoin bounce back again the same with other altcoins when it having a big really and Litecoin is included with that. So there's no doubt that Litecoin will pump back again since once many people feels that bear market is over they will grab some altcoins to buy and Litecoin will be one of their option to hold since this is old coin which is tested by many bear market seasons.

sana54210

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Quote from: Blawpaw on November 23, 2022, 03:23:04 PM

Litecoin has always been one of my favourite cryptos. It was the first crypto after Bitcoin, and it was the third crypto I mined first.

Nowadays, I do not mine cryptos any more, but I'm still hoarding Litecoin as I believe I will still make 10x or plus more than what I have invested. After Bitcoin, for me, it is the best.

So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?

I still hold few litecoins which were collected through faucets and giveaways. I remember the times when litecoin was trading around 0.02 BTC levels and I am still believing that kind of price range for encashing my litecoin hoarding. I may sound non realistic but I am just expecting a kind of scenario like what happened for dogecoin.

Yeah, I mean if someone like Elon Musk decides to adapt and want to call themselves as a "litefather" then litecoin may resume its journey to stars. In my opinion, there are 99% chances for this to happen and if you ask similar things are possible for new coins then definitely there would be only 1% chances but for old gems there could be better chances. Like dogecoin, I am expecting waves, BCH, BSV, Tron, RDD to fly in coming years for different reasons/adaptions.

justdimin

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Quote from: joeperry on November 28, 2022, 10:09:56 AM

I've been also an investor of Litecoin as at that time, only Litecoin I can buy in whole. What I mean is that I can buy 10 Litecoin while I can't buy 1 BTC in whole, so for me it is an achievement to buy something like that and it is the second cryptocurrency and up until now it is exist and surviving, I still believe that Litecoin is a good investment though we don't hear any latest news about it, it still has a good volume and still in the top 20 coins.

But there are now many new coins which might take the market and such as Ethereum, BNB, SOL and ADA.

That is of course a great feeling and makes you feel richer. However, we should remember that if you can't buy btc, you could try to get 1 whole eth, and if you can't then there is bnb, and if you can't then you could do ltc.

However, just because you could buy it whole doesn't mean it's good, you could get tens of thousands of doge, or you could even get millions and maybe even billions of shiba as well and none of that means anything as long as the marketcap is low. What you won as a total worth in dollar value is what matters and if you could buy a good chunk of it as well. I personally diversify my portfolio and LTC is one part of it as well.

asriloni

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Quote from: Blawpaw on November 23, 2022, 03:23:04 PM

So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?

The days for litecoin to be called as silver in crypto already gone. We will not see that litecoin even surpassed $500 again. Nothing impossible but seeing from people these days taking utilities as everything to bet makes me sure if litecoin will not have even touched its ATH again.
Litecoin was lack of utility and it was only developing the anonymous related product that makes transaction gave more privacy to the users. Bitcoin needs to surpass 100k to see that litecoin will be touching such rate. I didn't even see any possibility for that price to be achieved by litecoin.
This old coin is also lose against the new token that being developed after that. These days people are valuing so much about something that being called as utility from the token. It was not even only offering BS. The only good usage for litecoin was for payment system purpose only.

dothebeats

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Used to have some stash on litecoin but realized that they are all just the same in the end. They will all go up if bitcoin's price up, and go down if bitcoin's price go down. If all alts dependency on bitcoin remains, their market movements and patterns will remain similar, Litecoin hasn't had a very remarkable upgrade in the last few years which makes it as stale as it can be. The only reason its value holds up is because it was the first altcoin, and a lot of interest on its value (not with its tech) has been vested by a lot of early adopters in the past.

n0ne

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Quote from: nimogsm on November 28, 2022, 05:02:26 PM

I don't believe in the $500 for LTC, but in stable 100 it is quite possible.New investors who come to the crypto market do not often buy old assets, they are more interested in more modern meme coins and tokens.I often buy some,if I have free money and use it even more often if I need to send funds between exchanges.I think a lot of people do that.

Litecoin is one among the coin that have got good usage and accepted into more number of services compared with different other cryptocurrencies. Being an old coin it have got its importance. However it lacks growth and it was growing along with ethereum. Later ethereum progressed, but Litecoin missed the move. Till date it have been struggling to make a big move.

Litecoin is good for long term. It is one among the trusted investment where profit in the long term is assured, but the profit too won't be that big.

nimogsm

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I don't believe in the $500 for LTC, but in stable 100 it is quite possible.New investors who come to the crypto market do not often buy old assets, they are more interested in more modern meme coins and tokens.I often buy some,if I have free money and use it even more often if I need to send funds between exchanges.I think a lot of people do that.

joeperry

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I've been also an investor of Litecoin as at that time, only Litecoin I can buy in whole. What I mean is that I can buy 10 Litecoin while I can't buy 1 BTC in whole, so for me it is an achievement to buy something like that and it is the second cryptocurrency and up until now it is exist and surviving, I still believe that Litecoin is a good investment though we don't hear any latest news about it, it still has a good volume and still in the top 20 coins.

But there are now many new coins which might take the market and such as Ethereum, BNB, SOL and ADA.

GigaBit

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In various aspect Litecoin is one of the best coins in the market today. As we know this coin is built on the Bitcoin protocol which was created in 2011 from a fork of the Bitcoin blockchain. Investors have a positive attitude towards this coin. When the market stabilizes to a better position many will be aware of the dominance of this coin. Currently this coin has gained quite a reputation as a payment method. The coin also holds the 15th rank in market cap. Many agree that it will pump big into the bullish period. The coin is about 82.4 percent below its current price which can be called a good means of reliable investment.

dwminer1

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Personally, I have doubts whether Litecoin will ever refer to its glory days again. Recognition and the fact that it will always be known as "second only to bitcoin" are in its favor. However, as a project, litecoin failed my expectations. There was a time when it could grab a large chunk of the crypto market by filling in the gaps left by Bitcoin. Currently, there is no shortage of competitors and there are many more dynamically developing projects. As an early adopter, however, I have a great fondness for old coins and I am glad that many of them still exist on the market, in a smaller or larger role.

MFahad

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LTC is actually a pretty decent transaction coin, now more so with their available privacy feature rollout. The pump might correspond to privacy minded individuals that still want to be able to offramp unlike with Monero.
I wouldn't chase this pump in a bear market tho.

fauzan Ichsan

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Quote from: Blawpaw on November 23, 2022, 03:23:04 PM

Litecoin has always been one of my favourite cryptos. It was the first crypto after Bitcoin, and it was the third crypto I mined first.

Nowadays, I do not mine cryptos any more, but I'm still hoarding Litecoin as I believe I will still make 10x or plus more than what I have invested. After Bitcoin, for me, it is the best.

So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?

Long time didn't have Litecoin anymor, since litecoin halving dates is near I guess it's a good choice to invest in litecoin again. My prediction we can hit new ATH when the halving is done and the bull market start to begin maybe that's around 2024 or end the year of 2023. Also that small fee is really good for litecoin to keep getting favourite.

litecoin is an old altcoin, and until now it still survives following the rhythm of bitcoin, I think many people think the same about this altcoin, so the belief that it can still grow is very large. until now litecoin remains at the top of coinmarketcap, and its ranking can be stable, in general, so many people remain loyal, at a time like this I think it's the right time to invest, there have been 2 peaks that have occurred, and the next bullish season i think the $360 area will be broken and form a new ATH

Crypto Legend

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Right now I don't have a litecoin because I see that the potential to survive and develops is very difficult, competition with new projects that are strongly financially supported makes Litecoin's position continues to decline, need new innovations so that people return to Litecoin.

Hypnosis00

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Quote from: sulendra12 on November 25, 2022, 04:37:31 PM

I do still use Litecoin to exchange for faster confirmation and less fee for every transaction on every exchange. Sometimes the fee of exchanges are too high with Bitcoin, so I use Litecoin for the alternative and have pretty good result for low-fee transaction stuff. Litecoin was pretty good when the faucet still exist with so many faucet giving actually decent amount of litoshi every claims, but other than aforementioned stuff above I rarely used it.

And you confirm the usefulness of Litecoin over other platforms. It was the fee concern and Litecoin gives you the best offer.
Was true that many users still keep using this coin, yet the demand is just low still I know that investors and traders will still notice this project someday.
That is strong proof of why Litecoin will never fade. In fact, we have noticed that the price is moving high meaning, the demand is quite growing as well. And it simply means that people still consider Litecoin a valuable asset in the crypto market.

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Quote from: Blawpaw on November 23, 2022, 03:23:04 PM

Litecoin has always been one of my favourite cryptos. It was the first crypto after Bitcoin, and it was the third crypto I mined first.

I used to see Litecoin as a very promising coin, and even considered it as silver, as Bitcoin is to gold but as time passed, Litecoin had diminished its popularity and was taken over by ETH and other altcoins. It it also has slow development which probably affect its popularity. Before Litecoin market has lots of excitement but as time passed by the excitement of the Litecoin market also perished. It looks like a famous coin of the past. And checking their site, there aren't any developments except for the MimbleWimble.

Quote from: Blawpaw on November 23, 2022, 03:23:04 PM

Nowadays, I do not mine cryptos any more, but I'm still hoarding Litecoin as I believe I will still make 10x or plus more than what I have invested. After Bitcoin, for me, it is the best.

Hopefully, you hit your target price in this coming bull season. Though we can agree to disagree that Litecoin is the next best crypto in the industry.

Quote from: Blawpaw on November 23, 2022, 03:23:04 PM

So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?

The cryptocurrency market is crazy, a market can gain 1000% without any reason and dump into oblivion in just a simple FUD. In short, I may not expect that Litecoin will go past $500 again but with the pump and hype available in the market, there is still a chance for LTC to hit $500 again and maintain the price even in a short period of time.

sulendra12

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I do still use Litecoin to exchange for faster confirmation and less fee for every transaction on every exchange. Sometimes the fee of exchanges are too high with Bitcoin, so I use Litecoin for the alternative and have pretty good result for low-fee transaction stuff. Litecoin was pretty good when the faucet still exist with so many faucet giving actually decent amount of litoshi every claims, but other than aforementioned stuff above I rarely used it.

Topic: How many of you believe in Litecoin? - page 2. (Read 473 times)