Is Litecoin dead? What's happening? - page 8.

BRE

legendary

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I don't think litecoin is going to die, just the opposite.

It's a coin that has been around for a long time and from my point of view, the litecoin team is doing it very well working on adoption and getting litecoin in the mainstream.

I would recommend you keep those litecoins (a few years if possible) and without doubt, you will make a good profit of it Wink

coin-investor

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You really don't know what's happening in the market and Litecoin as well, Litecoin still has volume still has large community support, people are still buying and holding their litecoin, so you are creating FUDS so they can sell you their coins at a much lower price and make yourself a profit onwards.

Levyathan

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I dont think that there are so many deads altcoin, but most of them are totally gone and the developer is really not wanted to develop the coin.

thd26bct

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It is too soon to call Litecoin is dead. It is more appropriate to call the coin like this as kind of FUDs when Litecoin fall to below 0.01 BTC. Moreover, Litecoin is silver, and it won't be a dead coin. So, any kinds of news, threads call Litecoin is a dead coin are just FUDs. At the moment, it is just a start of Litecoin corrections, and the coin might gradually fall and has to go through a very long journey to below 0.01 BTC. For now, I predict Litecoin might fall to around 0.0108 BTC first, then we will see if flash crashes occur the coin will fastly fall to below 0.01 BTC or not.

duyduc256

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Quote from: bangjoe on May 07, 2019, 06:25:03 PM

the goal is good and it is indeed a big project but unfortunately there are too many rivals for litcoin and the next problem is because litecoin cannot compete, in the past when coins like ethereum increased, I did not see litecoin trying to win the market and now, BNB shines and other coins are only shadows including litecoin

Litecoin remains stable at this time and this coin is always very suitable for investment. I think Litecoin will have a lot more value in the future and you don't need to worry too much because the price of Litecoin to be achieved this year is $200. The development team will soon return to work in the near future and if they have technology updates then investors will keep this coin more and very suitable for long-term profit.

Yaunfitda

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Quote from: bangjoe on May 07, 2019, 06:25:03 PM

the goal is good and it is indeed a big project but unfortunately there are too many rivals for litcoin and the next problem is because litecoin cannot compete, in the past when coins like ethereum increased, I did not see litecoin trying to win the market and now, BNB shines and other coins are only shadows including litecoin

I don't know what do you mean by rivals or competitors of Litecoin though.

Remember that litecoin network is similar to bitcoin, so if there is a competition it should be bitcoin and not the rest of the altcoins. Grin

What do you expect from BNB? They have the full backing of the top crypto exchange now so it's obvious that it will grow overtime.

BeGoods

legendary

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Quote from: bangjoe on May 07, 2019, 06:25:03 PM

the goal is good and it is indeed a big project but unfortunately there are too many rivals for litcoin and the next problem is because litecoin cannot compete, in the past when coins like ethereum increased, I did not see litecoin trying to win the market and now, BNB shines and other coins are only shadows including litecoin

Can't compete but that doesn't mean it can't survive right? I realized that altcoin is no longer the second choice in crypto, it is no longer the main choice in altcoin. but the price development of Litecoin sometimes benefits to you, and Litecoin is far from dead..

Alucard2425

copper member

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Lite coin is a good coin and its farm from dead i believe this is only natural to get low price on a past bear market and even popular coins had suffer big amount of lost of price in the market, I say buy now while still price is down Wink

bangjoe

hero member

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the goal is good and it is indeed a big project but unfortunately there are too many rivals for litcoin and the next problem is because litecoin cannot compete, in the past when coins like ethereum increased, I did not see litecoin trying to win the market and now, BNB shines and other coins are only shadows including litecoin

uneng

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Leading Crypto Sports Betting & Casino Platform

I think litecoin is overcame with so many options of altcoins in crypto space nowadays. Years ago it had its charm yet, but now the scenario is different. Some defenders of litecoins say it can rise yet (as I saw here), because:

1) its liquidity, as the currency is probably oversold, boosting the interest of the market;
2) interest from authorities in litecoin, for liquidity, transaction speed and decentralized approach.

The liquidity part is acceptable, but I think authorities are much more interested in creating their own centralized currency than adopting an already decentralized one.

misterjo

member

Activity: 560

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litecoin is more alive than ever, recently joined the kickboxing and I think they have also joined the mimblewimble protocol Beam, also expected Halving, they are still working ... litecoin still concerva its bullish trend!

Chrystora123

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Omicron is another FUD

based on my monitoring in the coinmarketcap.com, Litecoin movement in the last 1 month fell 17% but in the last 3 months the Litecoin movement grew around 129%, this data has shown that Litecoin is not dead, the price growth is slow. Investor interest in Litecoin is still very high, so don't worry about Litecoin's future Wink

AjithBtc

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Litecoin over the days gave a sudden growth and now it has slowed down though there is continued growth with bitcoin. Possibly there will be small scale growth in between and the halving of Litecoin is scheduled to take place within few months time and that'll surely give good price pumping. With this some form of patience will get us profit.

Mrsparks

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Quote from: bobsav2121 on May 07, 2019, 01:19:55 AM

Litecoin, for all I know, aspired to be the "fast cryptocurrency that big corporations like Amazon were going to start using". As of today... I feel like Litecoin is essentially dying Angry

I hold quite a good amount of LTC and really don't know what to do with it...

Thoughts?

Edit; I found this nice article that summarizes what LTC has been up to but idk how I feel about this...: https://cryptotradernews.com/cryptocurrency/whats-happening-with-litecoin/

Am quite bullish on LTC.. Although numerous projects are in the market today offering similar services compared to Litecoin. I feel the team behind Litecoin and the fact that Litecoin is one of the pioneer currency in cryptocurrency in the cryptocurrency community gives me renewed confidence that LTC will be great on a long term perspective..

Little Mouse

legendary

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Hold on it. As like you said, litecoin will be huge sooner or later. It's one of the most potential for now. Has better usage. Think long time for litecoin like 2 or 3 more years.

monineklutak

sr. member

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You are not late because you can sell it now and buy other coins that are hype in the market, for example BNB, even though you lose money because the value of the LTC has fallen but investing in other coins can be the best way to return your money and even make a profit but if you still confident in the potential of LTC, wait and prove that what you read is the truth

Xclusive5

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Quote from: bobsav2121 on May 07, 2019, 01:19:55 AM

Litecoin, for all I know, aspired to be the "fast cryptocurrency that big corporations like Amazon were going to start using". As of today... I feel like Litecoin is essentially dying Angry

I hold quite a good amount of LTC and really don't know what to do with it...

Thoughts?

Edit; I found this nice article that summarizes what LTC has been up to but idk how I feel about this...: https://cryptotradernews.com/cryptocurrency/whats-happening-with-litecoin/

If you are really following the price of litecoin since the beginning of the year, you will notice that the rise of litecoin has been incredible so far this year. Therefore the sudden decline in the price boils down to the fact that crypto is volatile.

jpnl0008

jr. member

Activity: 364

Merit: 1

i would not say that litecoin is dead as it only does not hit or read the charts towards the Northpole as other coins like ethereum , bitcoin and eos, ripple and co seems to be but it surely is doing its own function in its own capacity and people aren't really complaining

takngantuk

full member

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Quote from: bobsav2121 on May 07, 2019, 01:19:55 AM

Litecoin, for all I know, aspired to be the "fast cryptocurrency that big corporations like Amazon were going to start using". As of today... I feel like Litecoin is essentially dying Angry

I hold quite a good amount of LTC and really don't know what to do with it...

Thoughts?

Edit; I found this nice article that summarizes what LTC has been up to but idk how I feel about this...: https://cryptotradernews.com/cryptocurrency/whats-happening-with-litecoin/

You don't need to be afraid or worried because Litecoin won't die. there are coins that are worse than litecoin and they still survive. Currently Litecoin is quite good, I believe if later the market starts to move up, Litecoin will become one of the coins that will rise.

I personally have a lot of litecoin, I still believe and will keep holding it whatever happens later.

No Pain No blood

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all I know is Litecoin isn't dying. ltc is pretty good now. Last month the LTC rose very high and now the price is stable. isn't that good, then why is it said to die. I think you are too pessimistic just to buy the above, then the price does not match your expectations. It's better to wait and see what will happen later, because Litecoin still has the chance to rise.

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