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Topic: Litecoin will Fly (Read 402 times)

sr. member
Activity: 1451
Merit: 258
January 01, 2021, 01:07:21 PM
#39
As long as the coin has a small supply and can only be mined, of course the price will fly high, that's why I chose Litecoin in my portfolio. So it's no wonder the price will get more expensive with each bitcoin halving. We'll know the answer later when this year is over. Stay HODL! Wink

So you buy any coins that can be mined and supply is small (i guess 84mil or smaller)?  That is no indication of future prices.  Anyone can spin up a coin with low supply and pow algo, doesn't mean anything though.

As it is, I prefer to invest in low supply altcoins. Since 2016 I have done this many times and it has proved successful. Of course, there must be no random choice, there must be analysis and accurate information in determining it all.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
January 01, 2021, 04:46:40 PM
#35
The silver bitcoin. It's assumed that it will fly with bitcoin after it took a flight. One of the coins that will be the same as Ethereum that will soar too.
Litecoin has already triggered this year with the synchronization of Bitcoin and now reached the $130 and holding in this level for further growth and it is still remaining many growth and potential in the coming time. Soo, it will break the previous bull record and maybe take the growth of 5 times from that level.
Though it is still far from that record of ATH but chances are there.
hero member
Activity: 1834
Merit: 566
January 01, 2021, 04:36:23 PM
#34
Quote from: hulla link
The reason why it slowly dying is because of Charlie Lee public declaration of selling all his holding and major investors decided to sell their holding either to avoid exit scam since the coin creator decided to sell his holding.
Charlie sold to avoid any appearance of having a conflict of interest.  Not only that, he told everyone he was going to sell and why.   It is ridiculous to say otherwise considering he has remained working on the coin for years.  
He claimed to have sold all his holdings to avoid future conflict but him selling his holding was what trigger the future conflict that's hunting the LTC surge/investors trust in the market because he don't do the appropriate announcement and if you're aware of the situation you'll know that there was a lot of discussion about it in the communities.


Exit scam lol ridiculous.  
That's what a lot of investors believe till now and a DeFi project owner that does the same thing last year also regret it. The only ridiculous here is a project owner selling all his holding and announcing it publicly the community always misunderstand it.
copper member
Activity: 238
Merit: 0
MYID
January 01, 2021, 11:23:27 AM
#33
Litecoin has already triggered this year with the synchronization of Bitcoin and now reached the $130 and holding in this level for further growth and it is still remaining many growth and potential in the coming time. Soo, it will break the previous bull record and maybe take the growth of 5 times from that level.
sr. member
Activity: 2506
Merit: 368
January 01, 2021, 11:14:17 AM
#32
The way I see the chart for litecoin is somehow almost the same with Bitcoin, so if Bitcoin pump more, I think litecoin and other top coins will follow the same. The market is in green even though it's new year unlike on the past years this is the only time I appreciate the market. But my question is if Bitcoin starts to dump due to the correction, what would be the ATH for LTC? And since Bitcoin hasn't showing any signs yet on where it would stop I think it's okay if we can assume that there's a fold of pump within this month.
full member
Activity: 2324
Merit: 175
January 01, 2021, 10:44:37 AM
#31
Just wait until bitcoin dominance is at least 40% -50% and altcoins will go up very high,
of course Litecoin will also be affected, if later when the dominance goes down the Bitcoin price is still above $ 25k,
I'm sure Litecoin can become $ 400 during the altcoin season arrived.

If you ask me it's still a good coin to invest, low fee and fast transaction it's always a good candidate to be included in anyone's portfolio, now that Ripple is on their wait out and they are behind Ripple in standing, there's a big possibility that they will replace Ripple in the number four spot in the market, let's see if they can do that within two months.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
January 01, 2021, 02:30:34 AM
#30
As long as the coin has a small supply and can only be mined, of course the price will fly high, that's why I chose Litecoin in my portfolio. So it's no wonder the price will get more expensive with each bitcoin halving. We'll know the answer later when this year is over. Stay HODL! Wink
It's caused by litecoin as a part of old coin and Op is very optimistic about litecoin to take the place that this time owned by the ripple coin. It looks like ripple was taking it back again a few days ago.
I will support this to happen and ripple was an overvalued coin at this moment. It's better to fill with a better coin like litecoin rather than crap coin like ripple. Supply doesn't matter a lot in this case.
You may try to take a look at the top 200 coins and there were so many coins with small supplies but they are still worth nothing.
sr. member
Activity: 1666
Merit: 268
December 31, 2020, 06:59:46 PM
#29
I totally agree that Litecoin will fly seeing its current performance closer to the XRP market cap. And seeing the Litecoin price also continues
to rise following the Bitcoin price, then look at the XRP condition which is experiencing many problems right now. I believe Litecoin in 2021
can move up the position in CMC to replace XRP's position. So for Litecoin holders I recommend that we HODL our Litecoin, because soon
there will be alt seasons and finally it can make several top altcoins including Litecoin return to ATH prices.
legendary
Activity: 3780
Merit: 1418
December 31, 2020, 01:55:09 PM
#28
XRP fall and litecoin took its place. LTC already has a big marketcap now money from XRP will follow it too. LTC price is still cheap and I was thinking about buying some but I didn't due to my funds stuck on some other project. If the BTC market stays stable then the alts market will go much higher slowly.

LTC is making some good upwards movement and possible people who had sold XRP might be looking to invest their money now in LTC. Seeing some good jump in this coin on daily basis and now close to 130$ price. It can even reach 200$ mark in  2021 and considering for long term investment in this coin looking good from that perspective as well.


I dont think $200 is out of the realm of possible, but if bitcoin goes to $100k and litecoin only goes to $200 then it will have been an epic failure.  People should start thinking in terms of sats and not usd.  Litecoin going to .01btc will have been a very successful push for litecoin regardless of usd price.
sr. member
Activity: 2296
Merit: 360
December 30, 2020, 06:48:28 PM
#27
If XRP holders switch to Litecoin, of course Litecoin will fly high,
but without that Litecoin already has a bullish trend, so Litecoin holders must be happy now, the sky is coming!

It should be an inspiration for LTC developers to be active with their commits in github.
PayPal is adding LTC on their platform, XRP is falling down, so some will go to LTC.
BTC is still bullish. So many good things happening in crypto market.
So hopefully, LTC team will further develop this old altcoin to better serve the crypto community.
LTC starts to cling up starting from October of this year and now that XRP facing up some issues and  problems then this might really be giving out more some probabilities of switching up.

For sure LTC devs are now much aware on whats happening currently in the market and as had suggested that they should really be more active nowadays and making further developments and updates
towards this.

Who knows that they might really be getting much attention or would able to convince the community in regards to their actual capability.
hero member
Activity: 2744
Merit: 588
December 30, 2020, 06:41:47 PM
#26
If XRP holders switch to Litecoin, of course Litecoin will fly high,
but without that Litecoin already has a bullish trend, so Litecoin holders must be happy now, the sky is coming!

It should be an inspiration for LTC developers to be active with their commits in github.
PayPal is adding LTC on their platform, XRP is falling down, so some will go to LTC.
BTC is still bullish. So many good things happening in crypto market.
So hopefully, LTC team will further develop this old altcoin to better serve the crypto community.
full member
Activity: 1750
Merit: 118
December 30, 2020, 06:26:57 PM
#25
i dont think etc, ltc, btg, bch will fly.
all of them are imitation of original coin. and they can fly after their origin fly.
why is etc, btg and bch involved . i cant see them op mentioned but the topic is pure ltc and afaik ltc is original but btg and bch are a fork coins of btc and i think imitation is different from a fork because forks have a purpose and not to intentionaly imitate the original coin .

ltc is already flying even before because of its fast speed but ltc can really fly in terms of value because ltc is simply not a good coin .
member
Activity: 1036
Merit: 18
December 30, 2020, 01:31:21 PM
#24
i dont think etc, ltc, btg, bch will fly.
all of them are imitation of original coin. and they can fly after their origin fly.
full member
Activity: 2576
Merit: 205
December 30, 2020, 05:49:03 AM
#23
Seems right ,and Having XRP trouble no wonder Litecoin will take the rank 3 cryptocurrency again (because USDT is not consider as crypto) LTC is silently climbing weeks ago and now getting together with Bitcoin and Ethereum Greening the market.
As long as the coin has a small supply and can only be mined, of course the price will fly high, that's why I chose Litecoin in my portfolio. So it's no wonder the price will get more expensive with each bitcoin halving. We'll know the answer later when this year is over. Stay HODL! Wink
it's not about the Supply but the usability ,We don't need rely about how much supply it is but what is the function for the user,Remember that Ripple(XRP) once being Bullied because of the large supply ,but what happens recently,it climbs fast ,though now facing a Big trouble yet great example.
sr. member
Activity: 1484
Merit: 253
December 29, 2020, 05:03:37 PM
#22
XRP fall and litecoin took its place. LTC already has a big marketcap now money from XRP will follow it too. LTC price is still cheap and I was thinking about buying some but I didn't due to my funds stuck on some other project. If the BTC market stays stable then the alts market will go much higher slowly.

The fall of xrp has nothing to do with litecoin now, lets just focus on it. Who knows someday both these strong crypto will shine together with strong foundations. Bearish time is still here for altcoins and not yet showing good market as well.
legendary
Activity: 3780
Merit: 1418
December 29, 2020, 03:26:55 PM
#21
As long as the coin has a small supply and can only be mined, of course the price will fly high, that's why I chose Litecoin in my portfolio. So it's no wonder the price will get more expensive with each bitcoin halving. We'll know the answer later when this year is over. Stay HODL! Wink

So you buy any coins that can be mined and supply is small (i guess 84mil or smaller)?  That is no indication of future prices.  Anyone can spin up a coin with low supply and pow algo, doesn't mean anything though.
sr. member
Activity: 2114
Merit: 268
Leading Crypto Sports Betting & Casino Platform
December 29, 2020, 02:30:08 PM
#20
The rise in litcoin is certainly supported by the bull run that has been happening to date of course the price goes up even up to twice the previous price
in terms of graphics and volume it looks good most likely litcoin will go up again so better take this moment to invest in it
full member
Activity: 1064
Merit: 101
December 29, 2020, 11:49:08 AM
#19
Just wait until bitcoin dominance is at least 40% -50% and altcoins will go up very high,
of course Litecoin will also be affected, if later when the dominance goes down the Bitcoin price is still above $ 25k,
I'm sure Litecoin can become $ 400 during the altcoin season arrived.
legendary
Activity: 3780
Merit: 1418
December 29, 2020, 11:17:35 AM
#18
If bitcoin goes to $100k expect its dominance to increase.  No way, all things stay equal in that scenario, let alone increasing against bitcoin.  While I do believe there is growth potential in litecoin in the bitcoin $100k scenario i would expect much from litecoin on gaining ground.
full member
Activity: 560
Merit: 217
December 29, 2020, 09:13:10 AM
#17
If i am not mistaken the best performance of litecoin againts btc is 0.030 bitcoin per LTC. My calculation, if btc going to $10k and ltc can recah 0.030 btc again per ltc it will make ltc worth  $3076 and the marcetcap of ltc will be at 209 billion dollar, is it posiible ? We'll see...
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