Litecoin is the sleeping giant | Bitcointalksearch.org

Bureau

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Quote from: GlacierBIT on December 08, 2023, 07:09:11 AM

I wouldn't bet on Litecoin entirely, this altcoin has already come its way, having experienced significant growth in the past. There are far more attractive options in the cryptocurrency market now, each with their own unique features and potential for great growth. There’s not much hype about oldies these days.

Many like you would avoid investing in Litecoin but still will go and invest in highly risky projects. As an example I would like to quote meme coins, even though you can make a good amount of money from them, they are a more risky investment than Litecoin. I meant what makes you think this crypto is bad, it is a fork of Bitcoin and has been stable with its performance till now.

I still do not understand any reason to ignore it, Invest in it, and be a diamond hand to enjoy the profit. I feel when the big bull run comes which I think would happen before this year-end, the crypto we are discussing would boom pump. It would create a new ATH without any doubt and it will remain a cheap and fastest way to transact without any issue.

cute nmp

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Sure despite the bullish rally in the market recentluy litecoin has not performed that much .Other like Solana,Rune and many more have outperformed litcoin in terms of price gain but i think there is still some time left for litecoin to step up to the competition which i really hope will be very soon.

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Quote from: dwgscale11 on December 04, 2023, 06:02:14 PM

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Lol it stays at the bottom this whole time and now you think there is a comeback going to happen, for no reason, other than it has not happened yet? I really do not know what to tell you, I like Litecoin since it is one of the OG coins but apart from that, it has not show itself as relevant or needed in the current age of crypto. My investments are definitely not going to be in LTC.

But I am sure it has its fans just like emacs has its fans.

atamism

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Well, for me Litecoin is not that hype anymore like before. I might consider BNB now rather than Litecoin. Thou Litecoin is one of the oldest coin in market but the hype was already ended, for years Litecoin did not come back. But who knows maybe one day Litecoin may rise again, maybe reach $100 again. We just have to wait and let the time come.

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Quote from: dwgscale11 on December 04, 2023, 06:02:14 PM

ATH hash scrypt dominant, ATH usage & acceptance, #2 on biggest payment processor Bitpay (previously flipped Bitcoin), declared commodity, ETF looming amongst fidelity EDXM&paypal&venmo&grayscale support, privacy via MWEB, 100% uptime, no premine, fair launch. It’s wakey wakey soon

Right now, buyers are quite strong in the market, to be honest, so we are actually in a bullish trend right now. According to my research, Litecoin is actually one of the pioneering altcoins that can be said to be left behind when the price value of Bitcoin falls in the market.

It's just that right now that's not my priority to save, because of course somehow I also want to experience a huge profit here in cryptocurrency that will help me buy a house and land and even include second-hand vehicles. It's also a small business anyway. But I'm not saying that LTC is not a good hold; it's good if you have a lot of money or you're a rich person.

fenixosup

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Hope that people will understand how litcoin is important for the industry. Maybe my ltc bag in ownr will be pumped one day...

Hypnosis00

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Quote from: Bitstar_coin on December 07, 2023, 01:15:25 PM

One thing I noticed about ltc is that - it is like an under the radar kind of coin to many investors. I mean from the several altcoins noise you get from different platforms ltc is the list talked about. Especially now that Defi, Gamefi, Meme are taking the altcoins space by storm.
Between ltc gave an impressive performance in 2021, literally shot the mouth of many people who consider it an old with less attention. I hope this upcoming bull period performance will be top the previous.

It was called a sleeping by some investors because they saw such potential as the crypto development continued but for those who invested this in the past and made less profit, we couldn't expect them to reinvest. Though I don't have that experience, still LTC is not on my list and I was those investors who saw less potential. Maybe I was wrong but yes, we couldn't see what would happen a few years from now but of course, as being on the top 20 altcoins, the chances are there yet, we have to choose the coin/s that we think are worth enough to invest.

GlacierBIT

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I wouldn't bet on Litecoin entirely, this altcoin has already come its way, having experienced significant growth in the past. There are far more attractive options in the cryptocurrency market now, each with their own unique features and potential for great growth. There’s not much hype about oldies these days.

Bureau

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Litecoin has always been one of my favorite crypto due to its cheap fee and fast transaction time. The last time it pumped and reached an ATH was when we saw the best bull in the crypto market, which was in 2021. It reached $359 in November and I foresee it will again in the coming months. At the moment it is trading at $75 which is way below its ATH, it is a good time to buy it and keep on holding until it breaks its own ATH.

huu78

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Quote from: dwgscale11 on December 04, 2023, 06:02:14 PM

ATH hash scrypt dominant, ATH usage & acceptance, #2 on biggest payment processor Bitpay (previously flipped Bitcoin), declared commodity, ETF looming amongst fidelity EDXM&paypal&venmo&grayscale support, privacy via MWEB, 100% uptime, no premine, fair launch. It’s wakey wakey soon

I doubt it, even now when the market starts to rise slowly, Litecoin is not showing a high increase like other altcoins, Solana is showing that it is the one who deserves to rise to the top, I remember when LTC was still in the top 10 CMC, now LTC is down quite a bit in

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Quote from: jrrsparkles on December 06, 2023, 08:17:00 AM

Well, it seems that it's sleeping forever and I don't know it will boom because Bitcoin is already breaking new heights so are many altcoins but contrarily LTC seems to be stagnant, and if we look at the 1 Year time frame the growth is in red 7% that doesn't seems to be right in my opinion.

I'll not invest my money on Litecoin now or in the future, there are other projects to settle for which are promising, but for crypto projects that are just overhyped, inother to entrapped investors to invest in them, more reasons to see with me that price actions do triggers the actions and not following the trends that have just public opinions. Litecoin can be consider to be a dump project because from months to months, from bear season to bull season, we're yet to discover any heavy pump from the project, instead we're watching the slow consolidation movement of the project.

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Litecoin is a good coin? Yes
Is it ok to have a Litecoin in our portfolio? Yes, still looking good for a few years ahead
Will Litecoin will make me rich in the future? Yes its possible if you have so many of it from now

Litecoin is the sleeping giant? Yes with note, the giant might not able to awake without Intuitional investors and the devs must proactive on everything including bring more utilities with the coin.
The Litecoin arch enemy is a stablecoin (for speed and micro daily transactions), 5 or 15 years from now other coins might be able to dethrone LTC as the flash coin with super cheap transaction fee.

Bitstar_coin

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One thing I noticed about ltc is that - it is like an under the radar kind of coin to many investors. I mean from the several altcoins noise you get from different platforms ltc is the list talked about. Especially now that Defi, Gamefi, Meme are taking the altcoins space by storm.
Between ltc gave an impressive performance in 2021, literally shot the mouth of many people who consider it an old with less attention. I hope this upcoming bull period performance will be top the previous.

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Quote from: Bureau on December 06, 2023, 08:11:17 AM

There was a time when Litecoin was considered a potential altcoin that could make holders financially rich. For now, I do not think it can create anything as of now the developers are not doing active. in 2021 Litecoin achieved an all-time high of $200+ and today after going through its halving it is still 90 percent below its ATH as nothing is happening as development with it. According to me, it was once a good project for anyone looking for cheap transaction fees as of my understanding there are several cryptocurrencies that provide either zero transaction fees or bear minimum transaction fees. Then why would someone hold it or buy it as nothing is going to improve the present situation of Litecoin.

We need to see the market from different angles so that we can understand how things are really working and take advantage of the market so that we are not going to fall victim to the wrong project at the right time when we supposed to be taking our profits from the market. Whatsoever we are doing, we need to go for coin that would give us immediate profits not waiting for a good project that is not ready to go bull maybe the team are not doing the right thing.

andyou1234

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I really agree if lite coin is said to be a sleeping giant, because lite coin is one of the altcoins that has been predicted to be ethereum's strongest competitor, in fact I personally really believe that litecoin will be the best investment of all time, but starting from 2021 Litecoin prices have never risen to 50% of the ATH they have achieved since falling by 90% in 2020, so I personally have great doubts about its future development.

jrrsparkles

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Well, it seems that it's sleeping forever and I don't know it will boom because Bitcoin is already breaking new heights so are many altcoins but contrarily LTC seems to be stagnant, and if we look at the 1 Year time frame the growth is in red 7% that doesn't seems to be right in my opinion.

Bureau

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There was a time when Litecoin was considered a potential altcoin that could make holders financially rich. For now, I do not think it can create anything as of now the developers are not doing active. in 2021 Litecoin achieved an all-time high of $200+ and today after going through its halving it is still 90 percent below its ATH as nothing is happening as development with it. According to me, it was once a good project for anyone looking for cheap transaction fees as of my understanding there are several cryptocurrencies that provide either zero transaction fees or bear minimum transaction fees. Then why would someone hold it or buy it as nothing is going to improve the present situation of Litecoin.

Bushdark

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New coins are beginning to dominate the market than the so called altcoin projects that had been in the market for long before now.
If we still want to invest in old projects then we have to search for the ones that are incubating and about to spring out 1ith massive liquidity and momentum. Different old coins are still in the market we can put our money and wait for the real bull market to jump in and take us to the real profits making season.

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Quote from: strunberg on December 05, 2023, 11:44:31 AM

LTC is an old coin and I agree with your opinion about the sleeping giant. LTC has many good things especially smooth transactions and low fees. But little implementation on many exchanges makes me think that LTC will never truly become like ETH, the single best performing altcoin so far.
But I love collecting LTC. It's just that I'm trying to look for another altcoin because LTC still uses the POW method which I think is not environmentally friendly enough.

according to me. You could say LTC is a legendary altcoin. In short, LTC can be said to be one of the first altcoins to originate from Bitcoin's original open source code. It's just that with more and more altcoins emerging, making the cryptocurrency market competitive, LTC's popularity has declined somewhat, and up to now LTC is still struggling to enter the top 10 on CMC.

For me, I need crypto to transfer money. Currently LTC is the best because of its low transaction fees. BTC is the king but Litecoin is for everyone as it has the best performance at the moment.

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Quote from: dwgscale11 on December 04, 2023, 06:02:14 PM

ATH hash scrypt dominant, ATH usage & acceptance, #2 on biggest payment processor Bitpay (previously flipped Bitcoin), declared commodity, ETF looming amongst fidelity EDXM&paypal&venmo&grayscale support, privacy via MWEB, 100% uptime, no premine, fair launch. It’s wakey wakey soon

With LTC there is no need to talk too much about the hype surrounding it, even without the things the OP mentioned, those who have researched and trusted it will still know how to make appropriate decisions to achieve the target they want.

I don't doubt the ability of LTC to increase in price in the future, but like many other altcoins, we still understand the dependence and binding of altcoins through Bitcoin. When the upward trend becomes clearer, the top altcoins will automatically benefit, and we will see news like partner launches, or some kind of upgrade to attract more people.

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