Topic: How many of you believe in Litecoin? - page 3. (Read 468 times)

As long as litecoin continues to be on a good position and there’s a good update, I believe LTC can make it so I’ll be more optimistic for the future of LTC in the next bull trend. This is one of the cheapest network and I usually use it for my gambling activities, looking forward to heard more good news from them. Competition becomes more harder for LTC but still, they manage to catch up and stay within the competition, that is a good sign of a good project.

That's the intriguing part I also noticed. I was observing its price a month or so ago, and Bitcoin was at $20.000 and Litecoin was at $50 levels. Currently, it's one of the few coins that is growing (over 20% increase in the past week) despite the ongoing bear market, making me regret thinking twice when I was interested in buying a while ago. In my opinion, it does have the potential to shine again; it used to be in the top 3 a few years ago, although it will still be outperformed by others such as BNB.

For a while, I was using Litecoin a lot when transferring from exchange to exchange because at that time there was no other coin that was available in all exchanges, providing cheap and fast transfers, but today there are dozens of coins that meet these needs. For this reason, I think that its use will decrease now. Therefore, investing in Litecoin is not a good and safe choice for me, but of course I would not argue that it will not be among the top earning coins again. To wrap it up, I think it's a risky choice. I wish you good luck.

bitcoin has always been my favorite cryptocurrency, but litecoin has always been my favorite altcoin, i use litecoin for day trading, for casino play and for transfers. but i don't see a very good future for litecoin, if you ask me and being honest i don't buy litecoin to do hodl for many years, but strange that these days the price of litecoin has increased a lot in relation to bitcoin, i don't know if this has to do with some pump and dump, I don't know the reason for this big price increase, but the fact is that there was a big price increase in the last few days and if the bitcoin price rose to 24000$? then the price of litecoin would reach 130$


honestly I don't believe that litecoin will reach 500$, I know that these days the price of litecoin has gone up a lot in relation to bitcoin, but the problem is that when the price of bitcoin starts to go up a lot people will sell litecoin to buy bitcoin and with that the price of litcoin at the most will reach 280$, for people who buy litecoin now they will be able to have profits of 3X or more, but they should not create high expectations that the price could reach 500$ because that is something difficult, unless that the price of bitcoin reached 100,000$, but in this case the price of litcoin would only reach 500$ thanks to bitcoin rising to 100,000$ that's why I prefer to just hodl bitcoin because at the end of the day altcoins only go up thanks to bitcoin

Most people wan to invest in tokens that will give them quick return and missed out of good project like LTC.

LTC has been able to stand the test of time, whilst others have faded into the Oblivion, LTC is still there standing.

Maybe in the nearest future more people will embrace it and appreciate it.

For now, I think they should do more in shilling the coin.

No I don’t believe in it. Alts don’t deserve any worshippers imo. Litecoin is not an exception. It is usable in some occasions and I like ltc but I don’t know if it will exist 10 years later. It will probably be around but price wise, it won’t make a huge moonshot. That’s because ltc’s biggest holder dumped his coins long time ago. Imagine if satoshi came back to life and dumped a million btc on us… that’s what happened with ltc.

This is always possible for me. But make sure if you are hoping Litecoin will go to $500 again, expect other coins will pump too like Bitcoin. For sure when Bitcoin creates new all-time high, litecoin will follow too but I am not sure that Bitcoin new all-time high will also a new all-time high for Litecoin too since I believe that Bitcoin is more capable to do it like the volume and also consider there are other new altcoins now.

Litecoin had a potential as investors, Some coin only had a people for short period. I had nearly huge money in Litecoin over 3 years. The main disadvantage of the Litecoin was it won’t increase to huge value like the price of the Litecoin. Litecoin was in the market since the Ethereum exist in the market. But due to less support, the litecoin not reached the 1k dollar. People who are new to the market are requested to keep some litecoin for the future. Because their is myth of Litecoin will reach of 1000 dollars with his next quarter. In a long run Litecoin will reach the value of 5k dollars and long term holders will gain good profit.

It is clear that Litecoin has what it takes to advance in the digital currency market. Its technology rivals, and is sometimes even better than, that of Bitcoin. By offering near-instant transactions, a strong track record of stability, and a familiar mining process, Litecoin shows the world that it can work as a cryptocurrency. It is being accepted everywhere, it has unbelievable potential for growth, and there are so many great innovations coming up in its ecosystem. I do still like Litecoin and I think we will definitely see it rise again once its gains more traction with merchants and is adopted more directly by users.

There are other cheaper coins there for transfers but I just can't ignore this fact from Litecoin.

People may debate with that fact but there's something that make me don't want to ignore Litecoin for using it as is.

It's still making me want to use it for the transfers that I do and that's why I just can't leave it there. And it is my first go-to whenever I want to trade and transfer Litecoin somewhere else.

Indeed, Litecoin remains as one of the valuable assets in the crypto market. Many people are still using their platform but because of the market competition, sometimes they will be rejected. However, I'd see the developers working on it to remain competitive and improve their services. But what actually they need is to have market promotions. Many projects grow up because they are aggressive to expose their project in the community which I see it was effective enough.

It's not that I believed in Litecoin but there is no doubt that this coin is one of the worthy coins that everyone must consider adding to their portfolio. Ups and downs, good days or not, bull or bear, etc. LTC is proven to be one of the top coins that have a strong foundation.

Since most coins are having a bad day because of the current market situation, expect that even the top coins will not be excused by that.

LTC seems currently on its considered good entry price. It's your call to decide what will you do.

Will still be good but I'd say that it will follow the path of Bitcoin in terms of price action. There might be some news around that they developed that privacy upgrade of MimbleWimble for their technology so that's a plus to consider. I believe Litecoin has still space for this industry but with fast acceleration in technology it might behind in the competition.

I am one of those people who still believe in bitcoin's little brother (LTC).
the reason I'm still holding LTC for the long term is because I don't think LTC has had any problems so far, well even though LTC hasn't provided fantastic ATH like BTC but I'm very sure in the future there will be big price surprises from LiteCoin.
maybe some people use LTC only for transactions for reasons of low fees and some also don't believe in LTC for the reason that LiteCoin has not had any extraordinary movements so far.
but for me it is not a problem and I will continue to believe that LTC in the future will definitely exceed $500

Unfortunately, people do not realize the value in that. I mean they invest into things that have a central figure and "founder" or creator or "the dev" whatever you want to call it. Basically, someone who could destroy the whole project if they leave, or die, which is exactly the opposite of what Satoshi did, he ended up going away to make sure that bitcoin grew without him.

That is why I believe that we shouldn't be really investing into anything that has anything centralized. On the other hand, litecoin doesn't have it, sure charlie lee is there but he is nobody, he is just a good investor, just like vitalik, they are not the owners and they can leave and nothing happens, which was proven in litecoins case many times.

I don't believe in Litecoin and I have my reasons.

This project is more like BTC maybe that's why the devs are very slow with development around Litecoin? Like there isn't too much to expect from this project because of the main reason why it existed in the first place?

Right now if all a project has to offer is faster transaction speed and cheaper gas fee it's not going to work but in Litecoin case I believe it's the community love that keep it alive.

There are just too many better options that's my reason.

Litecoin is still one of my coins of choice now. Even though the price is currently under $100 but it will increase again and still can go above $100. But it's not easy considering that nowadays, many coins are predicted to shift the price of Litecoin, but that doesn't make Litecoin lose its supporters. Litecoin still has that opportunity, although we don't know for sure. At its current price, Litecoin can still be used as an investment besides other potential coins such as Ethereum, BNB or other coins.

I have the opposite opinion from yours. This doesn't mean that it will be exactly like this, but it seems to me that Litecoin is a half-dead. I don't believe in the future of this project and that it will gain wide popularity and use, which will allow LTC to rise in price significantly. I know that the litecoin network has a lot of users, that there are more "points" accepting LTC as payment, but the premonition that this is "an exhausted horse, slowly losing its strength and position" doesn't leave me.

Litecoin is one of the top cryptos of this industry in my opinion. It has chain being used in projects, because transactions fees are not as high as with other tokens. Although it came across with various issues before, the fact that it is still acknowledge by investors as a good coin to invest, simply proves that it really is. If ever there will be future developments with litecoin, I think it would be a better investment and a coin to be used in daily transactions. One thing I have observed in its value is being quite delayed with market pumps.Which I think has something to do with its market volume. I'm not quite sure yet if it would be a problem to ithers but to me it is better than other alts.

in 2021 I am saving enough Litecoin to make a long term investment (at first). But in the end I decided to let it go. not for distrusting Litecoin itself. however I prefer to move almost all of my long term investment into bitcoin. now i only trade it for short to medium term investment. But looking at the price of litecoin now, I'm a little interested in going back to collecting and storing it until the bull market comes back. and I still remember that Litecoin was the first coin that I held. i learn bitcoin but bitcoin is not my first coin. but in the end Bitcoin became a coin that I continue to hold until now and for the long term, of course.