Litecoin is due for a big break - page 2.

Jackl87

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Quote from: BitcoinBarrel on October 17, 2022, 10:24:24 PM

It's been undervalued and passed over by many pump and dumps over the years. It's a solid alt coin to use alongside Bitcoin.
Accepted more places than any other crypto, Litecoin is one of the few altcoins that I actually use.
It's low fee, fast confirmations and 2nd oldest crypto. Can't go wrong in my opinion.

I don't know if Litecoin is really due for a massive pump. I agree though that it is a big and established project that is not just another stupid meme-coin and that it has an actual use case. That being said, if you compare litecoin to projects like Ethereum, Solana or Cosmos then it is also pretty obvious that the use-cases of Litecoin are pretty limited. You can send end receive and that is pretty much it. There is no smart contract functionality which means all of the big topics of the last 2 years like Defi and NFT's are not possible with Litecoin. I still think though that it should be valued higher than any of those stupid meme-coins.

Adbitco

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As a matter of fact, this litecoin has been most preferred altcoin in some of gambling site outside from bitcoin it was included before any other altcoin. Was as strong holder but all of a sudden the price fluctuations from its original price dip to what we can't really understand and I wondered if there were further plans to develop the project or something about its price. Why don't we see the price surges like other coin or can we believe it's a pump and dump project or does it mean since they have already made name they don't care about to further features.

GreatArkansas

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I am also curious if Litecoin will start to have a lot of transactions just like Bitcoin, is the transaction fee still guaranteed cheap compared with Bitcoin if the current traffic of the network is the same?
Speaking of this alternative coins use for payments, there are already lot of them beside Litecoin, that's why seems Litecoin is starting to fade as time goes by but this project is superb!

fullhdpixel

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Quote from: BitcoinBarrel on October 17, 2022, 10:24:24 PM

It's been undervalued and passed over by many pump and dumps over the years. It's a solid alt coin to use alongside Bitcoin.

Accepted more places than any other crypto, Litecoin is one of the few altcoins that I actually use.

It's low fee, fast confirmations and 2nd oldest crypto. Can't go wrong in my opinion.

Litecoin is based on the concept of silver version of bitcoin but unlike btc that is mainly being used for investing, litecoin is mainly being used for payment purposes or for gambling purposes due it's wider support and nature which like you said fast and cheap. Now that you know the difference between the two, don't be sad now.

Litecoin isn't being forgotten by the public, it's just that there are people who prefer to make fortune in crypto so they go for a better alternative and they think pump and dump coins can offer them a fast solution. They only need to be careful though because if their plan go wrong, it will also bust their money faster than they can imagine.

bitbollo

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from a certain point of view, LTC is a historical coin that has been able to conquer an important slice of the market in the crypto sector.

However, the price over the years has not had an exponential rise like that of bitcoin and has partly affected its spread.

Now the only problem with altcoins is that it is always possible that some "new" ones will arrive and supplant those already present.
At the end "bitcoin" is only 1, with certain characteristics that make it unique and not replaceable by no other altcoins....Conversely, this aspect is not present with any crypto. Likewise here with Litecoin.

tygeade

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Quote from: JeffBrad12 on October 22, 2022, 01:08:07 AM

Quote from: ?? on ??

I don't see any significant updates for litcoin, I feel litcoin is quickly satisfied with the current achievements and doesn't want to experience big changes such as ETH or BNB which continues to innovate to be the best.
If it continues like this, I'm sure litcoin will remain a shadow.

The development is still in progress and some already posted by litecoin official twitter account https://twitter.com/litecoin
It seems like that this time the development of litecoin is focusing into the massive adoption. I saw that if walmart was interesting to accept litecoin to give an alternative crypto payment to the its customers. this sounds good for me but im not sure this has been giving impact to the price of litecoin.

Even if the walmart deal doesn't happen, which would be expected to be fair because if litecoin is on walmart that would be the unexpected result, then I would assume that it could still grow. As long as they are working on it, litecoin is a good project which will end up going as high as possible and stay at that high level as well.

Doesn't mean that it will be growing to a point where it's at top 5, I don't think it will get there but slowly it could creep back into top 20, top 15, and then eventually top 10 and it could stay at 10th place all I care because that would be good enough. People need to realize this is a long term project and doing well, just because it had a bad period doesn't mean it's bad.

maydna

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I will happily wait for Litecoin to explode like last year, as I have already sold several Litecoins and made huge profits. Litecoin, one of the oldest coins besides bitcoin, still has the opportunity to rise again because the community still supports Litecoin so that it can get more investors. But I have no idea what the highest price Litecoin can reach is because it looks like the ATH price last year was very high while the current Litecoin price is falling hard.

cheezcarls

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In order to make it happen, they need to create a big hype like what Elon Musk did to the entire crypto market as BTC, ETH and DOGE soar to their ATH's back then respectively.

Since Charlie Lee has left and abandoned Litecoin, there must be somebody out there who has a very big influence like Elon Musk and has strong belief in Litecoin who can make this altcoin soar.

But the sad reality is that Litecoin is just another altcoin, as most of us are now focused on Bitcoin and Ethereum's prices to soar once again in the long run.

Bitstar_coin

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Quote from: el kaka22 on October 20, 2022, 01:36:21 PM

I have been waiting for LTC to go back into top 10 for a while now, and I believe it does belong there as well. If you do not consider the stablecoins, right now 1 is btc, 2 is eth, 3 is bnb, and I honestly believe ltc should be 4 behind them, with stablecoins spread between them of course. Why it hasn't been there? Why it has been out of top 20 even, I do not know because it is really a good one.

First of all, it has been around for longer than a decade, not many projects can survive that long, that alone should give you a good reason to buy, secondly it gets a lot of improvements and constantly gets new features, which should be another reason. It’s really a good one for sure.

The only reason why investors buy and hold coins is for profit, btc always gives good profit in any condition, the same can be said for eth, bnb but am not sure about ltc, it is an old coin that has been around more than a decade but is that really enough? If you ask me, i don't really see the worth of ltc in terms of utility besides cheap transaction fees, is there any other utility it has that will generate demand?
Maybe am limited to ltc utility, perhaps it has more usage than I understand.
What I do know is a lot of improvement has gone into the crypto space, investors want more than just the span of time a coin exits, and many projects are web3 support moving with constant innovations, the reason why most of these old projects will slowly fade away when they can not keep up with new innovations since they are not designed that way.

bluebit25

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Personally, I don't have too many trades related to LTC, but I accept the fact that trading is happy with it. However, I don't have too much faith in holding it for the long term, because it's basically not on my favorites list. But with LTC, we have all seen the strength that this coin has in this market, and it is not surprising that each different trend is interesting to people in their own ways.

bounceback

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Quote from: JeffBrad12 on October 22, 2022, 01:08:07 AM

Quote from: ?? on ??

I don't see any significant updates for litcoin, I feel litcoin is quickly satisfied with the current achievements and doesn't want to experience big changes such as ETH or BNB which continues to innovate to be the best.
If it continues like this, I'm sure litcoin will remain a shadow.

The development is still in progress and some already posted by litecoin official twitter account https://twitter.com/litecoin
It seems like that this time the development of litecoin is focusing into the massive adoption. I saw that if walmart was interesting to accept litecoin to give an alternative crypto payment to the its customers. this sounds good for me but im not sure this has been giving impact to the price of litecoin.

So far Litecoin developers are still active to continue to develop but unfortunately at this time many investors are not too interested in investing with old coins like Litecoin so that although it recently announced that the Walmart company wants to adopt Litecoin but the news does not have a positive impact on price movements, Litecoin is one of the potential altcoins and there is still a possibility that its price will rise significantly when the bull market comes.

JeffBrad12

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Quote from: ?? on ??

I don't see any significant updates for litcoin, I feel litcoin is quickly satisfied with the current achievements and doesn't want to experience big changes such as ETH or BNB which continues to innovate to be the best.
If it continues like this, I'm sure litcoin will remain a shadow.

The development is still in progress and some already posted by litecoin official twitter account https://twitter.com/litecoin
It seems like that this time the development of litecoin is focusing into the massive adoption. I saw that if walmart was interesting to accept litecoin to give an alternative crypto payment to the its customers. this sounds good for me but im not sure this has been giving impact to the price of litecoin.

Joshapat

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Quote from: ?? on ??

I don't see any significant updates for litcoin, I feel litcoin is quickly satisfied with the current achievements and doesn't want to experience big changes such as ETH or BNB which continues to innovate to be the best.
If it continues like this, I'm sure litcoin will remain a shadow.

Old projects such as litecoin will certainly be difficult to develop, of course this is also common in old coins such as dash, EOS, Monero, Waves, etc. So if we pay attention, the old coins decrease and have difficulty competing with new projects.

vv181

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Quote from: ?? on ??

I don't see any significant updates for litcoin, I feel litcoin is quickly satisfied with the current achievements and doesn't want to experience big changes such as ETH or BNB which continues to innovate to be the best.
If it continues like this, I'm sure litcoin will remain a shadow.

MimbleWimble is a significant update for Litecoin, and I think it gives a huge impact on the ecosystem. Having privacy technologies built-in into the system is surely a good way of project development, noting how the current perception of a "tainted" or "bad" coin, nevertheless, it might have less effect if we talking about the worst-case scenario since the way of a private transaction is optional or opt-in. Not fully private on the blockchain, like Monero.

But, the recent progress development should indicate that there is a demand within the community so the ecosystem keep improving.

Ararbermas

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Quote from: BitcoinBarrel on October 17, 2022, 10:24:24 PM

It's been undervalued and passed over by many pump and dumps over the years. It's a solid alt coin to use alongside Bitcoin.

Accepted more places than any other crypto, Litecoin is one of the few altcoins that I actually use.

It's low fee, fast confirmations and 2nd oldest crypto. Can't go wrong in my opinion.

many users have trust when it comes litecoin because it seems not really affected everytime there's a worst scenario in the market and yes last it still has very cheap fees and reliable for making transactions.. Actually many projects already dead but this one still alive and very useful.. Lol so no doubts if someday litecoin become one of the trusted altcoin in the market.

Silberman

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Quote from: el kaka22 on October 20, 2022, 01:36:21 PM

I have been waiting for LTC to go back into top 10 for a while now, and I believe it does belong there as well. If you do not consider the stablecoins, right now 1 is btc, 2 is eth, 3 is bnb, and I honestly believe ltc should be 4 behind them, with stablecoins spread between them of course. Why it hasn't been there? Why it has been out of top 20 even, I do not know because it is really a good one.

First of all, it has been around for longer than a decade, not many projects can survive that long, that alone should give you a good reason to buy, secondly it gets a lot of improvements and constantly gets new features, which should be another reason. It’s really a good one for sure.

I think the age of litecoin is playing against it, we know that people let themselves influenced by the newest trend in the market and with the exception of bitcoin POW coins are not really popular now, so while litecoin was a good project I think it no longer captures the imagination of people anymore, and in that case its growth will always be limited as people will prefer to invest in projects they think have more potential to grow than litecoin.

el kaka22

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I have been waiting for LTC to go back into top 10 for a while now, and I believe it does belong there as well. If you do not consider the stablecoins, right now 1 is btc, 2 is eth, 3 is bnb, and I honestly believe ltc should be 4 behind them, with stablecoins spread between them of course. Why it hasn't been there? Why it has been out of top 20 even, I do not know because it is really a good one.

First of all, it has been around for longer than a decade, not many projects can survive that long, that alone should give you a good reason to buy, secondly it gets a lot of improvements and constantly gets new features, which should be another reason. It’s really a good one for sure.

Baofeng

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Quote from: danherbias07 on October 19, 2022, 04:16:40 AM

It's just regretful that it cannot be noticed anymore.
Many investors are busy looking for something new that would enhance their profits in faster way than for a long and secure shot.
BNB, Staking coins, NFTs, etcetera.
They are even avoiding Bitcoin so it becomes more of a problem for Litecoin to be seen in the spotlight, unlike in the old days. That big break will be a long shot and near impossible.

True, it didn't get the recognition that it deserved, LTC has been a friend of gamblers as well, because it's very cheap and super fast transaction. I remember when BTC and ETC have problems with the deposit and fees are high. So I switch to LTC and it did great for me and so are for the other gamblers are well.

Unfortunately, the whole crypto space have been moving a lot lately, and now the hype is on NFT, Metaverse, the whole staking game and others. But if they can look at LTC right now and throw in some investment, for sure they won't regret it.

Yogee

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Quote from: danherbias07 on October 19, 2022, 04:16:40 AM

It's just regretful that it cannot be noticed anymore.
Many investors are busy looking for something new that would enhance their profits in faster way than for a long and secure shot.
BNB, Staking coins, NFTs, etcetera.
They are even avoiding Bitcoin so it becomes more of a problem for Litecoin to be seen in the spotlight, unlike in the old days. That big break will be a long shot and near impossible.

I read some blogs about how POW algo coins are becoming scarcer since Ethereum switched to POS. LTC may have a chance of a comeback if investors would gamble on scarcity alone. It's cheaper than BTC so maybe they will take a shot but some of them may choose ETHW instead.

zasad@

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Quote from: yazher on October 18, 2022, 08:35:41 AM

I just wonder why this coin has not made any noise this past few years and maybe because they cannot seem to find any partners to make their coins more usable or have some number of utilities for it to be used. sadly this is not the case for Litecoins and it remained underrated for the past years since they don't have working developments or some updates to further escalate the number of people using it. What they really need to do nowadays is to make partnerships with some top coin owners or businesses in order not to be left behind and LTC price will only depend on bitcoins price nowadays which is not recommendable for investment.

There was a lot of news about Litecoin and this ecosystem is constantly evolving.
Last news
https://www.crypto-news-flash.com/bitcoin-and-litecoin-coming-to-stellar-lumens-network-with-sep-6-transfer-service/
Bitcoin and Litecoin coming to Stellar Lumens network with SEP-6 transfer service
"Coinqvest surfaces as the Tier SEP-6 transfer server on the Stellar Network.
Investors can support Stellar in building rich liquidity for Coinqvest."
Litecoin does not have a convenient service for working with stablecoins, so a huge number of transactions are observed in the Tron ecosystem.

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