Topic: Litecoin Price Speculation 2016 * POLL* - page 2. (Read 1880 times)
last time i was seen that litecoin prices reach to 0.01 btc but i forgot when exactly it happened because i was very rarely to trade these coin and recently just see the current prices 0.0066 btc i think obviously low but my predictions for Litecoin prices in the end of 2016 might be back again to 0.01 btc per LTC
At least ratio rising from 0.0065 to 0.01.
I hope we can see LTC pump by end of july. It's possible that there will be some tank in price, but i dont think it will be something great. After all, atleast for me, litecoin is a failed project,
created and advertised as anti asic but ended up being just another coin.
The only reasone people invest in it is because market cap isnt quite big , so it's a lot easier to pump , opposed to bitcoin.
I vote under 0,01, forever
How Litecoin is a failed project? created and advertised as anti asic but ended up being just another coin.
The only reasone people invest in it is because market cap isnt quite big , so it's a lot easier to pump , opposed to bitcoin.
I vote under 0,01, forever
It's possible that there will be some tank in price, but i dont think it will be something great. After all, atleast for me, litecoin is a failed project,
created and advertised as anti asic but ended up being just another coin.
The only reasone people invest in it is because market cap isnt quite big , so it's a lot easier to pump , opposed to bitcoin.
I vote under 0,01, forever
created and advertised as anti asic but ended up being just another coin.
The only reasone people invest in it is because market cap isnt quite big , so it's a lot easier to pump , opposed to bitcoin.
I vote under 0,01, forever
At least ratio rising from 0.0065 to 0.01.
I think this will prove to be a false dawn. LTC has zero unique utility. Hard to look beyond that.
i think you are right to be honest there is no potential in litecoin growth in my opinion because most of the people just want to get something new from other cryptocurrenciesi think the price will not grow a lot in the future though i think that anything might actually happen and the litecoin price is really unpredictible, the price might easily start growing
Some of the reasons Litecoin will do well:
What do you think the price of Litecoin will be by the end of 2016? - Capable of four times as many transactions as Bitcoin in a ten minute period. Frankly if payment processors had adopted Litecoin in the past year current Bitcoin block discussions would be irrelevant (and likely the price of both coins higher). Anyone who has watched these discussions understands the immediate advantage of a network with larger transactional capability.
- Faster confirmation times. The only people who don't think this is important have never spent a single coin or they have patience that the average person does not possess.
- The faster block time of litecoin reduces the risk of double spending attacks.
- Anti-spam.
- Fast well established network. Current Hashrate is 1,643 GH/s. Since scrypt is memory intensive it is known to be approximately 1000 times slower hardware wise in comparison to SHA256. Fair comparison to the Bitcoin network requires multiplying that hashrate by 1000 (1,643 TH/s). The fact is for most of Litecoins history the hashrate has been relatively high and secure. Those comparing it to the Bitcoin network without considering this 1k factor are either being disingenuous or just ignorant of the facts.
- Continuous development look here at number of releases in past year: https://github.com/litecoin-project/litecoin/releases
- Upcoming new features and active development look here for whats happening in 2016:
https://litecoinassociation.org/data/roadmap.pdf - Longevity. Many coins have temporarily eclipsed litecoin as they were marketed for the purpose of increasing the fiat accounts of a small group and emptying the accounts of new users. Unfortunately this has been detrimental to crypto-space in general.
- Great community.
- Fully supported by GoCoin a growing merchant payment processor used by thousands of merchants https://www.gocoin.com/ as well as other processors such as coinpayments, Asmoney, Alfacoins and Coinify
- Liquidity. You can sell thousands and not crash the market. Maintains value. Look at the chart here indicating volume in the last 24 hours relative to other coins. http://cryptocoincharts.info/coins/graphicalComparison In fact volume has remained high since last June while maintaining a stable price.
- The speed, liquidity and value of Litecoin is useful to traders seeking arbitrage opportunities between exchanges.
- Soon to be added to coinbase.
- Upcoming release to include a on-chain adaptive block size scaling solution. This will substantially increase the transactional capacity of Litecoin.
- Fair release. In a crypto world of premined and ICO releases many appreciate this fact. The code was released well before the Genesis block was mined and everyone knew when it would be going live; therefore, individuals could anticipate and get their miners and software ready. (Credit to brobot)
- Security.
Some of the reasons Litecoin will do well:
- Capable of four times as many transactions as Bitcoin in a ten minute period. Frankly if payment processors had adopted Litecoin in the past year current Bitcoin block discussions would be irrelevant (and likely the price of both coins higher). Anyone who has watched these discussions understands the immediate advantage of a network with larger transactional capability.
- Faster confirmation times. The only people who don't think this is important have never spent a single coin or they have patience that the average person does not possess.
- The faster block time of litecoin reduces the risk of double spending attacks.
- Anti-spam.
- Fast well established network. Current Hashrate is 1,643 GH/s. Since scrypt is memory intensive it is known to be approximately 1000 times slower hardware wise in comparison to SHA256. Fair comparison to the Bitcoin network requires multiplying that hashrate by 1000 (1,643 TH/s). The fact is for most of Litecoins history the hashrate has been relatively high and secure. Those comparing it to the Bitcoin network without considering this 1k factor are either being disingenuous or just ignorant of the facts.
- Continuous development look here at number of releases in past year: https://github.com/litecoin-project/litecoin/releases
- Upcoming new features and active development look here for whats happening in 2016:
https://litecoinassociation.org/data/roadmap.pdf - Longevity. Many coins have temporarily eclipsed litecoin as they were marketed for the purpose of increasing the fiat accounts of a small group and emptying the accounts of new users. Unfortunately this has been detrimental to crypto-space in general.
- Great community.
- Fully supported by GoCoin a growing merchant payment processor used by thousands of merchants https://www.gocoin.com/ as well as other processors such as coinpayments, Asmoney, Alfacoins and Coinify
- Liquidity. You can sell thousands and not crash the market. Maintains value. Look at the chart here indicating volume in the last 24 hours relative to other coins. http://cryptocoincharts.info/coins/graphicalComparison In fact volume has remained high since last June while maintaining a stable price.
- The speed, liquidity and value of Litecoin is useful to traders seeking arbitrage opportunities between exchanges.
- Soon to be added to coinbase.
- Upcoming release to include a on-chain adaptive block size scaling solution. This will substantially increase the transactional capacity of Litecoin.
- Fair release. In a crypto world of premined and ICO releases many appreciate this fact. The code was released well before the Genesis block was mined and everyone knew when it would be going live; therefore, individuals could anticipate and get their miners and software ready. (Credit to brobot)
- Security.
Litecoin Is Back: New Roadmap Signals the Start of a Renaissance
http://bitcoinist.net/litecoin-roadmap-renaissance/
Little dissapointed when litecoin down from 0.009 btc to 0.0065 btc now, i think litecoin would be reach max around 0.01 in the end of this year.http://bitcoinist.net/litecoin-roadmap-renaissance/
Litecoin Is Back: New Roadmap Signals the Start of a Renaissance
http://bitcoinist.net/litecoin-roadmap-renaissance/
Little dissapointed when litecoin down from 0.009 btc to 0.0065 btc now, i think litecoin would be reach max around 0.01 in the end of this year. http://bitcoinist.net/litecoin-roadmap-renaissance/
I think this will prove to be a false dawn. LTC has zero unique utility. Hard to look beyond that.
Litecoin Is Back: New Roadmap Signals the Start of a Renaissance
http://bitcoinist.net/litecoin-roadmap-renaissance/
http://bitcoinist.net/litecoin-roadmap-renaissance/
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