Topic: Is LTC dead? (Read 370 times)

Not a single old project has survived until now it has become a dead project. Apart from that, what is the meaning of a dead project or a dead coin in your opinion. For me, a dead project or dead coin is a project/coin that has been abandoned by the developer, there are no project updates and also the price of the coin/token tends to stagnate and decrease periodically.

Then compare the definition I have with the current state of the Litecoin (LTC) project, does it really look like a dead project?

Peoples are not talking about a project that doesn't mean its dead. The focus has been shifted to some other narratives and as ETH is dominating the altcoin market, most of the discussion is evolving around ETH and any project or concept related to ETH. Even if LTC doesn't get any headlines, it will still make a positive ROI for its investors as it is still widely used in the online payment network as an alternative to payments in various marketplaces. But from a investment perspective, i don't think LTC is a golden coin anymore.

Litecoin is still one of the top 20 coins if you checked carefully in CoinMarketCap. It basically remains a famous coin, there is no big change in the popularity of this coin. If its position dropped, it is normal because of the competition among other top coins. I think it may raise again its position someday if there is a new innovation in this Litecoin. So, it is strange if you said it is dead already. Besides those reasons, Litecoin is also still listed in varied top exchanges in the world. It means there is still a lot of people who trade or invest in Litecoin.

By the way, the coin is still alive as long as the coin is listed in an exchange. It is dead when there is no people who trade it and it is listed no where.

I think altcoins like LTC will never die in the crypto market even though their prices and interest have decreased slightly, because litcoin is one of the altcoins that has enormous popularity and potential in the crypto world, where up to now LTC is still ranked 19th in the CMC At a price of $81.05, in my opinion LTC is just behind the trend of new coins which are currently booming, I'm sure that gradually everyone will prioritize LTC again because this coin has great potential.

Define dead.

IMO LTC is not dead, it's always fine because there are no CEX delist it, still on top 100 coins, and the price relatively stable.

I'd say a coin is dead if the coin didn't include in all three criteria I mentioned above. Just like LUNA and UST which used to stay at top 100 coins, but went below 100 ranks right now.

It is not easy to predict the future of currencies in the crypto world, many altcoins are doing well after ETF approval. Litecoin holds promise as a long term investment Litecoin is not dead. Its strong technological base active development community and widespread adoption contribute to its growth potential.

Litecoin is not mentioned as much as before because nowadays there are too many new Altcoins launched with new stories, so it is completely normal for a long-standing Altcoin like Litecoin not to be mentioned much. The Litecoin halving event has been over for a while but not many people have mentioned it.

However, in my personal opinion, Litecoin cannot die, because it is currently traded on many major exchanges with large and stable volume, and its capitalization is also among the top coins which has large market capitalization. It's not easy for such a large Altcoin to collapse, it's just that Litecoin no longer has many attractive stories and is suitable for the current period. You can look at the Luna coin, it is clearly a scam Altcoin, with the founder being arrested but it is still alive and still being traded, there is no reason why Litecoin can die.

Besides, Litecoin is still used for payment and transaction purposes everywhere in the world with faster speeds and cheaper transaction fees than Bitcoin, and the mining community of this coin is still very large. Another important thing is that this is a mining coin, currently there is no one behind managing it but belongs to the community, so the possibility that Litecoin is not considered a security is very high next to Bitcoin, helping Litecoin investors can rest assured not to be sued by the SEC.

Litecoin was one of the few coins I had my eyes on when I newly discovered cryptocurrency and I used it in place of Bitcoin for many years to make payments and receive money. And the fact that it was so convenient to do that, I believe that it was a voice to reckon with, especially by the status of the second cryptocurrency ever created. But this coin refuses to live up to expectations, and I think it's because of the too-much similarity to Bitcoin. Everything you see as improvements in Bitcoin will quickly be replicated in Litecoin. The scalability is another issue, we can't compare it with the likes of Ethereum, BNB chain ecosystem, and Solana among others.

Well, if it can break away from copying Bitcoin and improve its scalability, anything can still happen in the future.

It's not dead, but it's not in the best position. If nothing changes, most likely it will die with time. It was actually one of my first coins.

It always does, it's price movement is usually very tied to BTC.

Well now we are getting closer to the bitcoin halving in now a few days. And Litecoin does show us some signs up volatility around this.

There is on chain metrics that does support a big increase before the halving.  https://ambcrypto.com/making-the-case-for-litecoins-breakout-before-bitcoins-halving/
 

Lite coin is not being talked about or discussed as it use to be, this could be as a result of change in narratives in the crypto world. People have now found a new innovations that has changed the narratives of what litecoin could intercede for and are now making use of them. Litecoin is not dead, I still use them even if it is not often. It still works on the same narratives as it use to be and people still make use of them because they still have trading volume. Some will say they’re not dead but already dying which could be reasonable.

Really in even the last year bitcoin congratulations that occurred, many participants in signature campaigns were asked to use Litecoin wallet to receive their pay and after that rampant calling of the name and using the coins at that time, I didn't hear anything again. And since then till now you are the first person that made a thread.on Litecoin because really the name just die down in the forum but I believed even though people are not calling the name, the real project is still working actively. Probably people are not using it like before again.

For me litecoin is not dead, the thing is people doesn't like to invest in litecoin and I know quite well that litecoin by now suppose to have dominance over all the new coins that is new, so basically we don't need to be thinking that litecoin is dead, so litecoin is into existence, I'm seeing things that many people does not encouraging the litecoin or invest on it as they do reject its investment now.

Thank you so much for your information, but does it mean that litecoin doesn't have the potential to recover?

Litecoin is not dead yet, just that many people have found other coins that will going to give them what they want in the future, you can see that the price of Litecoin price still remain low and those that invested their money some years ago are still hodling their Litecoin for the price to reach $100 before they can manage sell to change another coin to invest their capital.

 Litecoin was my first coin I use to start investment because the coin was doing well in the past, before some coins started paying well more than Litecoin that made their customers to reduced till date.

If you want to invest, don't invest in Litecoin because you will not make a good profits from the investment because the team behind Litecoin these days don't have the capacity to make it happen again to make their customers to make profits like ETH customers.

Not even reliable to be called as a digital silver anymore. It's slowly dying caused by it has no good volatility due to the lack of demand. Litecoin is still alive caused by historically, litecoin was an old coin and it's bitcoin fork coin.

There were many interesting tokens that offered us many advantages and utilities. Why should we talk about an old coin that has nothing to offer than being a payment system?

It's not yet dead but it's dying now.

Technically not dead because of the recent halving and the price update.
We can't conclude that LTC is dead because no one is talking about it, maybe some group are also focusing with LTC.
I still see a good position for LTC and despite of being not talked about, they are still working for their improvements and for sure they will continue to stay on top altcoins and many will still see the real value and worth of LTC.

Far from it. It's heavily used as a low-cost transfer option and is commonly used by many. Furthermore, during every bull run, it performs very well. To be fair, compared to BTC, it actually has a realistic use case and is being used for it.

For me yes, as a forked of Bitcoin, Litecoin seems going to be dead or already dead. As you can see, there are already a lot of new altcoins that have other use cases compared to Litecoin which is a forked to Bitcoin and being used as an alternative for Bitcoin in most cases.

Even if you check in the the current price and all-time high, it's still around 80% from its all-time high compared to Bitcoin that already created new and other altcoins almost to create new all-time high.