Litecoin looking like sleeping gigant in this bull run season

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Quote from: siniminomorocomunisakito on December 08, 2023, 10:24:25 AM

Quote from: fat buddah on December 08, 2023, 03:13:30 AM

Well, it was popular and big, but right now it lost its spot. People are focused on BTC, ETH, and new projects now mostly, at least as I see it. Litecoin need something more than just being a good and quality coin to become really big again.

At first glance, what is said is also true. My experience last year when there was a market correction was somewhat different from this year. LTC prices did not rise too significantly and were still in the normal category. if I see. However, whether there will be good news for LTC this year, we should wait together.

Litecoin price has started to rise since yesterday. 6% increase over the 24 hours was better than bitcoin and many other altcoins. Now it's time for the litecoin hodlers.
The price is still struggling to get over the resistance of 80. And the pace of rise in other coins are already down. If you have bought below the price of 80 like me, it would be a wise idea to sell some around 98 to book a profit. Though I still believe the price would easily hit 125.

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Quote from: Squaremile777 on October 28, 2023, 11:11:18 AM

Ltc looking like sleeping gigant the price is Under 100$ definately cheap now people mis buy ltc because no body dont want miss the opportunity some experts Even say that LTC can Do 300% gain from here.
i think it's LTC time now in this crypto bull run season

Well to me I don't doubt anything anymore when it's comes To crypto currency related matters. Because the market has been green all this while. and anything can happen at anytime in the world of crypto currency. There were different speculations on price increase some weeks ago but checking out now you will see that everything has changed and people has been woundering about the increment. That is to say the price is gradually growing to it's expectancy.

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Quote from: fat buddah on December 08, 2023, 03:13:30 AM

Well, it was popular and big, but right now it lost its spot. People are focused on BTC, ETH, and new projects now mostly, at least as I see it. Litecoin need something more than just being a good and quality coin to become really big again.

At first glance, what is said is also true. My experience last year when there was a market correction was somewhat different from this year. LTC prices did not rise too significantly and were still in the normal category. if I see. However, whether there will be good news for LTC this year, we should wait together.

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Quote from: Andrija Branislav on December 08, 2023, 03:05:27 AM

Quote from: Hypnosis00 on December 05, 2023, 05:51:50 PM

It doesn't matter if it was an old project or new but what matters most is the use case and application of the project in the crypto space and it is to find out that Litecoin is not the choice of the people. Maybe it was not the right time for LTC to gain such attraction but for me, it never really looked attractive. People have thought about earning a profit and LTC never shows such potential that will attract and encourage investors. They have the reason why they reject and this will have a huge impact on its price where even during the bull season it never goes high like others.

That true, but. Litecoin still has great potential in the future because as Litecoin continues to develop, it will likely become easier to buy. If I'm not mistaken Litecoin is one of the few coins that is traded quite widely and Litecoin is one of the very popular altcoins but there are many that are very promising and do things much differently than Bitcoin.

Well, it was popular and big, but right now it lost its spot. People are focused on BTC, ETH, and new projects now mostly, at least as I see it. Litecoin need something more than just being a good and quality coin to become really big again.

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Quote from: Hypnosis00 on December 05, 2023, 05:51:50 PM

It doesn't matter if it was an old project or new but what matters most is the use case and application of the project in the crypto space and it is to find out that Litecoin is not the choice of the people. Maybe it was not the right time for LTC to gain such attraction but for me, it never really looked attractive. People have thought about earning a profit and LTC never shows such potential that will attract and encourage investors. They have the reason why they reject and this will have a huge impact on its price where even during the bull season it never goes high like others.

That true, but. Litecoin still has great potential in the future because as Litecoin continues to develop, it will likely become easier to buy. If I'm not mistaken Litecoin is one of the few coins that is traded quite widely and Litecoin is one of the very popular altcoins but there are many that are very promising and do things much differently than Bitcoin.

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Quote from: nimogsm on December 02, 2023, 12:10:16 PM

Quote from: Samurai trieng on December 02, 2023, 11:57:29 AM

As far as I know, Litecoin is a coin that is well established and has a very large community in the crypto world. I am very optimistic that Litecoin will provide big profits for its users, and I suggest that if you believe in Litecoin, now is the right time to start buying and investin with Lite Coin because the price has not gone up.

Indeed, this is a very old coin with a large community of fans, it’s a pity that the last halving did not live up to the expectations of many investors. Now the price is really very attractive, but you will have to wait a long time and you need to be prepared for this. Litecoin does not give sharp Xs; here you need to be able to wait.

It doesn't matter if it was an old project or new but what matters most is the use case and application of the project in the crypto space and it is to find out that Litecoin is not the choice of the people. Maybe it was not the right time for LTC to gain such attraction but for me, it never really looked attractive. People have thought about earning a profit and LTC never shows such potential that will attract and encourage investors. They have the reason why they reject and this will have a huge impact on its price where even during the bull season it never goes high like others.

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Quote from: Rehan Zakir on December 02, 2023, 11:15:59 AM

Litecoin is still very undervalued coin. In the recent Litecoin halving event, It just touches 120$. And now, it is available at 70-80$ price. I think it has the potential to cross 1,000$ in the bull run. Litecoin technology is very good. It also a very good old coin. So, investment in this coin is not a bad idea. It can gives 10x profit in the bull run.

It's extremely-undervalued. Especially with a deflationary mechanism and a limited supply of 84m coins. I guess people haven't noticed LTC's benefits yet. It could be a result of poor marketing/promotion from the developer team. Whereas Bitcoin often struggles to reach the masses because of high fees and slow confirmation times, Litecoin has plenty of space available for day-to-day payments. This is possible because of LTC's block time of only 2.5 minutes (compared to BTC's 10 min block time).

With the LN, and even Mimblewimble for privacy-oriented transactions, Litecoin proves itself to be a good digital cash system for the world. As long as there are exchanges trading this coin, LTC holders should have nothing to worry about. Who knows if Litecoin outlives many of the altcoins we know and love today? Just my opinion

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Quote from: Samurai trieng on December 02, 2023, 11:57:29 AM

As far as I know, Litecoin is a coin that is well established and has a very large community in the crypto world. I am very optimistic that Litecoin will provide big profits for its users, and I suggest that if you believe in Litecoin, now is the right time to start buying and investin with Lite Coin because the price has not gone up.

Indeed, this is a very old coin with a large community of fans, it’s a pity that the last halving did not live up to the expectations of many investors. Now the price is really very attractive, but you will have to wait a long time and you need to be prepared for this. Litecoin does not give sharp Xs; here you need to be able to wait.

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As far as I know, Litecoin is a coin that is well established and has a very large community in the crypto world. I am very optimistic that Litecoin will provide big profits for its users, and I suggest that if you believe in Litecoin, now is the right time to start buying and investin with Lite Coin because the price has not gone up.

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Quote from: danherbias07 on October 29, 2023, 07:38:03 AM

I am still down with LTC, I got mine at $80 per piece and still waiting for the pump to happen. I did expect it to make an upward run after Bitcoin did or during the time it was climbing up but not much really happened. It only gained $3 - $4 which was not decent enough to take back the losses that happened mid-August of this year.
But I am not giving up on this yet, I will patiently wait for its return and I think it can possibly be dragged up when the BTC ETF is approved. Litecoin is still used in a lot of places, especially in the gambling industry. So yes, I will probably just wait longer but it will be a fruitful one at the right time.
Well, it's not like there are good choices of coins out there. I think Litecoin is still one of the best.

I like how you're enthusiastic and hopeful about litecoin, so far it doesn't diminish like shitcoins, then it can be worth the wait. It's good to invest long term in crypro coins that have stood the test of time in the crypro market, because you know that even if they're static or in their bear run, that eventually they'll hit bull run, and hopefully be very profitable to sale. Aside from bitcoin, my preference in altcoins is ethereum, it gives me peace of mind, being second in command to bitcoin, although this does not take anything away from other top altcoins like litecoin.

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Litecoin is still very undervalued coin. In the recent Litecoin halving event, It just touches 120$. And now, it is available at 70-80$ price. I think it has the potential to cross 1,000$ in the bull run. Litecoin technology is very good. It also a very good old coin. So, investment in this coin is not a bad idea. It can gives 10x profit in the bull run.

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Indeed, currently Litecoin has not shown any significant movement, even though the crypto market has started to improve, but I personally see from another point of view that this situation is the right time to start buying and investing Litecoin, because the price is still low, I really optimistic that Litecoin will increase in the future because this altcoin has very large fundamentals in the crypto market.

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Quote from: Mpamaegbu on November 14, 2023, 01:39:47 AM

It's interesting to look at it from that perspective, which I never thought of. Yes, if that's it I wouldn't what its top to come up now. Let's enjoy the moment without it for now. I will join you to make my observation and see how it goes this bull season. For now, all I can say is that I'm indeed disappointed at its price. I also bought a few of it a few days to its halving but got the shock as price started declining immediately after halving till date it hasn't even crossed $90. I was thinking it would follow the path of Bitcoin that blossoms once its halving comes up.

Well, I also want the version, sir. Will a similar case happen to BTC as well as LTC? because we know that this moment will not be long, it is estimated to occur in April 2024 when the block order reaches 840,000 if I'm not mistaken. because it's not the presidential election that crypto fans are looking forward to, but that's it, sir. like me too. Cheesy

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In my opinion, Its current movements are a watchful one for those who know its price potential because Cryptocurrencies like Litecoin and Bitcoin are all about anonymity and Litecoin has excellent liquidity. each has its own advantages and I also combine LTC developments to date. It looks like today's price has started to rise. I estimate it will exceed $80 today from the decline some time ago.

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Quote from: Tipstar on November 26, 2023, 11:07:06 AM

Quote from: Squaremile777 on October 28, 2023, 11:11:18 AM

Ltc looking like sleeping gigant the price is Under 100$ definately cheap now people mis buy ltc because no body dont want miss the opportunity some experts Even say that LTC can Do 300% gain from here.
i think it's LTC time now in this crypto bull run season

Yes, Litecoin hasn't grown at all in this bull run. It grew large enough a month ago the halving and since than has been below $75 for quite a time. I have a small amount of Litecoin in my portfolio that I was trying to grid trade above my buying price but it hasn't even hit a slab yet. I guess the whales are accumulating it for the cheap price.
Anything below $75 is a discounted price for Litecoin as it can easily x2 to $150. Currently I don't have plans to further increase my holdings but if anyone doesn't have Litecoin in their portfolio, it's the best time to consider it.

I agree with you that the price is now good for those who are thinking of buying Ltc. This is a good time-tested asset and has a huge user base. Of course, the last halving did not live up to the expectations of many, but I am more than confident that we will reach new high price values in the next 1-2 years.

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Quote from: nutildah on November 26, 2023, 11:21:23 AM

Litecoin is great because

1) Its a well-established coin, around since 2012.
2) It has active dev work,
3) Most recently adding MWeb which will help privatize certain types of transactions, and
4) It has a strong community.

My main problem with it is not as many services that I use support is as much as BTC, ETH, DOGE, even BCH, BNB and MATIC are more commonly accepted. Its hard to imagine a coin from 2012 suddenly taking the world by storm, but it does have its benefits and I think it will rise nicely with the nest bull run.

The thing is most people don't care about a cryptocurrency's fundamentals. They're only in it to make a lot of money within the shortest time possible. It's this reason why centralized smart contract platforms like Ethereum and Solana are going to the moon, while truly-decentralized cryptocurrencies (with the exception of Bitcoin) are left behind in the dust. We can see how demand for LTC is low these days, despite the fact that the network went through a block reward halving a while ago. LTC will survive, but it won't be as popular as other coins on the market.

Expect prices to decline or remain stagnant for a very long time. Who cares about the price, anyways? Crypto is all about utility. As long as LTC does the job it's supposed to, nothing else matters. Wink

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Quote from: Squaremile777 on October 28, 2023, 11:11:18 AM

Ltc looking like sleeping gigant the price is Under 100$ definately cheap now people mis buy ltc because no body dont want miss the opportunity some experts Even say that LTC can Do 300% gain from here.
i think it's LTC time now in this crypto bull run season

Looking at the potential bull run coming, if we can see bitcoin reaching a new ATH, then why not the same for Litecoin as well? I think that is a quite big possibility and it will probably happen. I do agree that it is not an easy thing to hope for, and maybe it will fail, but that doesn't mean that it is not going to be true, it just means that it is going to be a dangerous risk that you are taking.

I believe that the upside is that even if it doesn't double or triple in price, it will go up, so that means you are going to make profit, maybe more than you need, maybe not enough but you will make a profit. The only downside is that maybe some other coins could profit more, so you are going to be stuck with something that made you profit, but not as much as what you could have done with something else. If you are down with the ups and the downs of it, you could definitely invest into it, I do have some and I am happy with my decision, not a whole ton but I have a bit of it.

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Quote from: Abiky on November 26, 2023, 09:46:16 AM

Quote from: Cryptoababe on November 22, 2023, 11:37:05 AM

Yeah, XRP is far better than Litecoin. I thought of that two and it's one of the reasons why I paired it with Litecoin to probably earn more of it incase Litecoin pumps against it before XRP bull run comes. I like the way you describe both and this makes me feel like Litecoin wont be an investment with a reasonable profit in the future.
Thanks for the honest guidance.

Why a centralized "shitcoin" would be any better than Litecoin? Just because XRP is rising in price, while LTC remains stagnant, doesn't mean one is better than the other. XRP may be cheaper and faster than LTC for day-to-day payments, but it's utterly-centralized. Not only Ripple (the company) holds a large portion of XRP's supply, but it also controls the majority of the network's validators. It could easily fade away into oblivion if the company goes bankrupt or decides to shut down the network for good.

Litecoin is like Bitcoin in the sense that there's no pre-mine or ICO or any kind, and it's driven by the community itself (not a company with its own interests). XRP is the "banker's coin", and can easily be manipulated at will. Just wait until it fails, and truly-decentralized cryptocurrencies will rise all the way to glory. I strongly believe LTC is a hidden gem waiting to blossom someday. Who knows if it lives true to its promise of being "Silver to Bitcoin's Gold" in the future? Cheesy

The way you explaindd the difference between LTC and XRP makes me feel like a real noob. So, this means XRP may be backed by the team behind it but LTC is more decentralized because there is not team holding more than they are supposed to hold. Well, we will see how it goes as I still hold the two and also pair them together to take profit from and buy the other if any of the two pumps against the other. With time, we will know the most reliable and I'm sure that I'm still gonna be holding the two by then.

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Quote from: nutildah on November 26, 2023, 11:21:23 AM

Litecoin is great because

1) Its a well-established coin, around since 2012.
2) It has active dev work,
3) Most recently adding MWeb which will help privatize certain types of transactions, and
4) It has a strong community.

My main problem with it is not as many services that I use support is as much as BTC, ETH, DOGE, even BCH, BNB and MATIC are more commonly accepted. Its hard to imagine a coin from 2012 suddenly taking the world by storm, but it does have its benefits and I think it will rise nicely with the nest bull run.

I agree, LTC does have really good fundamentals and I see no reason why it won't perform nicely in this bull run. Currently keeping it right up there with Matic and BGB as one of my top 3 holdings.

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Litecoin is great because

1) Its a well-established coin, around since 2012.
2) It has active dev work,
3) Most recently adding MWeb which will help privatize certain types of transactions, and
4) It has a strong community.

My main problem with it is not as many services that I use support is as much as BTC, ETH, DOGE, even BCH, BNB and MATIC are more commonly accepted. Its hard to imagine a coin from 2012 suddenly taking the world by storm, but it does have its benefits and I think it will rise nicely with the nest bull run.

Topic: Litecoin looking like sleeping gigant in this bull run season (Read 727 times)