litecoin there has been news that the price has broken resistance, and up 1% is likely to return to the price of $ 49,
keep be careful and stay safe in trading now
Topic: Let's talk little bit about LTC! (Read 882 times)
LTC seems to need a major update to increase market demand. the market today is almost entirely slow-moving not only on LTC. and when we all believe in these assets, why not buy because now the prices are cheap.
Have you been following the news at all? Litecoin has been having some big developments recently and is soon going to catch up to 0.20.0 just like Bitcoin.
The market is slow moving but price has never been a factor of major update,,, and on the other way around, development seldom has immediate market impact either.
I think if Litecoin development team comes back, it could be a lot better because if they continued to build the ecosystem, then maybe this coin has reached more than $100. Of course, that didn't happen now, but I will still trust this coin for a while longer.
Somehow, I believe LTC can increase, and litecoin can push the price to $80-$100 in the next bull run. But yeah, like the other coins, litecoin now are trying to survive, and still, defend the position at the market besides competing with the other coins. It will increase at the right time, and I already buy some litecoin, but I still want to buy more litecoin when the price is down.
now it's not a competition with other altcoins on the market. all projects will focus on their market. LTC is a good asset to a large market. they are just waiting for the moment of the altcoin market at high pumps. moreover, they have also done halving and I think this is only related to market demand which must be pushed harder.It is still slow and i do not think the developers are doing anything yet to develop it and bring in more features, just like others are doing.
I do not want want to assume it has been abandoned.
Maybe if it is also halved, we would see an accelerated growth.
That is because the market is not moving fast, so that makes litecoin adjust the movement based on the market moves. If there is a fast movement in the market, it can impact the other altcoin, including litecoin. But I guess that the litecoin project still on development, and we will see something in a short time. I do not want want to assume it has been abandoned.
Maybe if it is also halved, we would see an accelerated growth.
LTC seems to need a major update to increase market demand. the market today is almost entirely slow-moving not only on LTC. and when we all believe in these assets, why not buy because now the prices are cheap.
Have you been following the news at all? Litecoin has been having some big developments recently and is soon going to catch up to 0.20.0 just like Bitcoin.
The market is slow moving but price has never been a factor of major update,,, and on the other way around, development seldom has immediate market impact either.
I am not good at analyzing a coin, but the price movement of LTC is always influenced by the movement of the price of Bitcoin so if the price of bitcoin is still a turn, the price of LTC will also be difficult to go up.
Until now LTC still moving in accordance to how bitcoin moves around the market, most of the time price depends in how bitcoin gain supports, once bitcoin is rising this coin also follows the trends, difficult to anticipate as it's relying with bitcoin.
Investment needs to analyze if you are going to start collecting this coin, knowing what would be the progress the project should have something to provide and not alone with how the hypes with bitcoin.
It is still slow and i do not think the developers are doing anything yet to develop it and bring in more features, just like others are doing.
I do not want want to assume it has been abandoned.
Maybe if it is also halved, we would see an accelerated growth.
LTC seems to need a major update to increase market demand. the market today is almost entirely slow-moving not only on LTC. and when we all believe in these assets, why not buy because now the prices are cheap. I do not want want to assume it has been abandoned.
Maybe if it is also halved, we would see an accelerated growth.
It is still slow and i do not think the developers are doing anything yet to develop it and bring in more features, just like others are doing.
I do not want want to assume it has been abandoned.
Maybe if it is also halved, we would see an accelerated growth.
I do not want want to assume it has been abandoned.
Maybe if it is also halved, we would see an accelerated growth.
I am not good at analyzing a coin, but the price movement of LTC is always influenced by the movement of the price of Bitcoin so if the price of bitcoin is still a turn, the price of LTC will also be difficult to go up.
Until now LTC still moving in accordance to how bitcoin moves around the market, most of the time price depends in how bitcoin gain supports, once bitcoin is rising this coin also follows the trends, difficult to anticipate as it's relying with bitcoin.
Investment needs to analyze if you are going to start collecting this coin, knowing what would be the progress the project should have something to provide and not alone with how the hypes with bitcoin.
I am not good at analyzing a coin, but the price movement of LTC is always influenced by the movement of the price of Bitcoin so if the price of bitcoin is still a turn, the price of LTC will also be difficult to go up.
Many alt-coins move together with Bitcoin, only with Bitcoin rise we can see Litecoin and other alt-coins to follow that. Litecoin
is next to Bitcoin in my opinion, and maybe there's no big announcements or marketing Litecoin is good investment for the future,
because it's good as it is.
I believe in Litecoin in long-term. I think the price will rise in the future, as we said together with Bitcoin. It has a strong community
and I think many crypto-lovers recognize Litecoin as decentralized project amd the future is in decentralized projects!
In my opinion, the prospects of Litecoin go in parallel with Bitcoin. It is not for nothing that many consider LTC to be the second BTC, and therefore the dependence on the price of bitcoin for this altcoin is obvious. I also very rarely follow the news about Litecoin, but once some analysts predicted a price increase of up to $ 1,000, which does not look surprising, since everyone expects a ten-fold increase in bitcoin prices today.
That is right every altcoin follow BTC and therefore we can say that when BTC starts increasing, altcoins will follow BTC. However, it is just surprised number $1000 prediction for LTC, l don't think it is just possible for LTC to reach this number. On the other hand l think LTC will be one of the best profitable coin and it will be really worthwhile to collect LTC.
I am not good at analyzing a coin, but the price movement of LTC is always influenced by the movement of the price of Bitcoin so if the price of bitcoin is still a turn, the price of LTC will also be difficult to go up.
My opinion about litecoin I don't think if this coin can increase if bitcoin is on stable because of course litecoin will also stable. Only bull market event that litecoin can go boom the price.
Litecoin seems still downtrend, just like XRP, now is not the time for the Big project to make Pump,
wait until the dominance of Bitcoin goes down much deeper and enter into LTC
wait until the dominance of Bitcoin goes down much deeper and enter into LTC
Somehow, I believe LTC can increase, and litecoin can push the price to $80-$100 in the next bull run. But yeah, like the other coins, litecoin now are trying to survive, and still, defend the position at the market besides competing with the other coins. It will increase at the right time, and I already buy some litecoin, but I still want to buy more litecoin when the price is down.
now it's not a competition with other altcoins on the market. all projects will focus on their market. LTC is a good asset to a large market. they are just waiting for the moment of the altcoin market at high pumps. moreover, they have also done halving and I think this is only related to market demand which must be pushed harder. 
I still use Litecoin, estimate the fast transaction speed and the cost per transaction is less than $0.01!
In terms of development, Charlie Lee always plays down a lot. And that's a good thing too!
Why should there always be big announcements when no code has even been written yet?
I wait and see, and keep on hodl my Litecoins.
Especially I am very excited for the " Mimblewimble Implementation" by David Burkett from the Grin++ project, which is expected around September...
I think at the end of the year 2020 litecoin goes up at arround 100$ or more.
In terms of development, Charlie Lee always plays down a lot. And that's a good thing too!
Why should there always be big announcements when no code has even been written yet?
I wait and see, and keep on hodl my Litecoins.
Especially I am very excited for the " Mimblewimble Implementation" by David Burkett from the Grin++ project, which is expected around September...
I think at the end of the year 2020 litecoin goes up at arround 100$ or more.
Somehow, I believe LTC can increase, and litecoin can push the price to $80-$100 in the next bull run. But yeah, like the other coins, litecoin now are trying to survive, and still, defend the position at the market besides competing with the other coins. It will increase at the right time, and I already buy some litecoin, but I still want to buy more litecoin when the price is down.
We certainly know Litecoin is one of the most popular and profitable altcoins, I am an investor who holds Litecoin from 2016.
Like altcoins in general Litecoin also reached an all time high price in 2017, and I am among those who managed to get big
profits from Litecoin at the time. Now the Litecoin price is at $ 43, in my opinion the opportunity for us to buy Litecoin now.
Because Litecoin are at low prices, if we study the price movements Litecoin will realize that Litecoin is very volatile. Means
very good if we use Litecoin for daily trade.
Like altcoins in general Litecoin also reached an all time high price in 2017, and I am among those who managed to get big
profits from Litecoin at the time. Now the Litecoin price is at $ 43, in my opinion the opportunity for us to buy Litecoin now.
Because Litecoin are at low prices, if we study the price movements Litecoin will realize that Litecoin is very volatile. Means
very good if we use Litecoin for daily trade.
My opinion, seems there won't be any "boom" if corona virus still happening. Now bitcoin and all coins also starting to drop again (inc LTC), especially after bitcoin halving happens, all coins would be dumped again
l agree with your words, there is still coronavirus, and till this problem solves there will not be any pumping in altcoins. More than that every altcoin like LTC depends on the BTC movement, when BTC doesn't start rising up, that means altcoins will not start increasing either. But l think so positive about LTC, even though it will take a bit long time to increase. 
Litecoin still remains the third largest coin on the top list and one of my favourite coins. Even the price has plumbed I still believe in Litecoin and I keep investing.
top list? where is it? litecoin has been falling and it has been licked from top 4 to the top 7. I have been avoiding to invest in altcoin after the statement that already created by charlie lie about the problem in the development of litecoin. It looks like you were not seeing the thread that already created by another member of this forum and that says even charlie lie said that there was no developer that wanna create a development with litecoin.
I meant none developer interested to develop the next protocol improvement for litecoin and it can be a very strong fundamental news that can affect the litecoin trend.
Agree with you that the developers are abandoning the Litecoin project, since halving, LTC has continuously gone down and has not seen signs of recovery. But looking at the chart analysis of OP, we can see that the price of LTC may increase depending on the growth of BTC.I meant none developer interested to develop the next protocol improvement for litecoin and it can be a very strong fundamental news that can affect the litecoin trend.
But if they found out that there will be little to no more developments coming for litecoin project, then, people will start to move away from this alt. I have read also that their devs are not interested anymore in further developing this project. So if it is true and not just a hearsay, it is not a good choice to hodl this old alt. Because if there will be no developments on the way, this will start to go down. Be careful on investing this coin, even if we don't know the real facts behind it at the moment.
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