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Topic: Litecoin's comeback - page 4. (Read 2421 times)

legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
December 15, 2023, 12:09:25 PM
He is? I thought that he has quit his position but yes, even if he has already quit. No doubt that he's still the main guy. And with the news[1] years ago, that's why I felt like it was an abandoned project and the community is the one that sets for running it and that's why it's still there.

[1] ‘Conflict of Interest’: Litecoin Creator Charlie Lee Sells His Entire LTC Balance

Charlie Lee sold all of his LTC to make the project more decentralized. It would not look good for a cryptocurrency creator to have a large stake on the network (conflict of interest). LTC is now in the hands of the community. Just like Bitcoin. It's one of the few projects that actually supports decentralization and censorship-resistance. While other coins have cheaper fees and faster speeds, they're often centralized and unreliable.

It's not about the hype, but rather the usefulness of a cryptocurrency. The time will come when LTC will gather the attention of mainstream investors and traders alike. It has a limited supply of only 84m units, making it second next to Bitcoin in terms of scarcity (if I'm right). The crypto market often behaves in strange and bizarre ways, so expect the unexpected. Wink
hero member
Activity: 3080
Merit: 603
December 13, 2023, 03:03:57 PM
As for LTC, it's entirely different after all of those years when Lee has quit as the main guy of this project. How many years was it already? 6-7 years has passed and LTC has never been the same.

He's still the main guy, just not that much showing his face of the public. There are YT videos were he debates LTC with others.
Latest is this one I think:

 https://youtu.be/ygCiU-ZSs3k?si=tCZI2rZkPQza3xn-

The marketing of LTC is non existing. And now it comes they do have a marketing department. What they do? I fear no one knows.   
Litecoin being on Paypal is a huge plus though. 
He is? I thought that he has quit his position but yes, even if he has already quit. No doubt that he's still the main guy. And with the news[1] years ago, that's why I felt like it was an abandoned project and the community is the one that sets for running it and that's why it's still there.

[1] ‘Conflict of Interest’: Litecoin Creator Charlie Lee Sells His Entire LTC Balance
member
Activity: 910
Merit: 31
Looking for guilt best look first into a mirror
December 13, 2023, 09:21:42 AM
As for LTC, it's entirely different after all of those years when Lee has quit as the main guy of this project. How many years was it already? 6-7 years has passed and LTC has never been the same.

He's still the main guy, just not that much showing his face of the public. There are YT videos were he debates LTC with others.
Latest is this one I think:

 https://youtu.be/ygCiU-ZSs3k?si=tCZI2rZkPQza3xn-

The marketing of LTC is non existing. And now it comes they do have a marketing department. What they do? I fear no one knows.   
Litecoin being on Paypal is a huge plus though. 
hero member
Activity: 3080
Merit: 603
December 13, 2023, 08:52:34 AM

Because if just because of the Updates we will trust this coin , then why not happened back in 2018  Grin

You can not seriously compare 2018 to 2023 in Crypto. Or 2010 to 2018 for that matter.
Every situation is quite different. The userbase of crypto has risen, due to 25000 new "opportunities"
Some have turned maxis even.
That's right, every cycle is different and we just can't compare what's in the past and what will be likely to happen for the upcoming year. But we get the pattern and understand that there's a possibility that something might be the same to come. As for LTC, it's entirely different after all of those years when Lee has quit as the main guy of this project. How many years was it already? 6-7 years has passed and LTC has never been the same.
sr. member
Activity: 2618
Merit: 439
December 12, 2023, 08:58:13 PM
After all Altcoins were troubled recently, Litecoin is gaining more confidence again.

But can Litecoin outperform Bitcoin or is Litecoin dead in your opinion?
Dont look for something that will frustrate you like asking if this can outperform bitcoin because it is even struggle to go back in its original position in rank 3 currency like wayback 2017.

https://bitcointalksearch.org/topic/will-litecoin-ever-reach-1k-5355701

try to visit that topic as it was created in 2021 and the objective is always the same if litecoin will show great increase or performance to the next coming months.

reaching 1k is far from coming in Litecoin , though there may be chance in Halving effect next year of bitcoin.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
December 12, 2023, 04:31:25 PM
But Litecoin is also having Minimal fee> and much lower fees comparing to those mentioned currencies so yes we can use Litecoin more than other coins.
the only thing that is best for bitcoin nowadays is the security being the most popular and trusted coins , but aside from that? in is still altcoin is best to use when transacting nowadays .

Indeed. Litecoin does have cheaper fees than the rest of the pack (alternatives that are highly-popular these days). While there are some coins even cheaper than LTC, they're often centralized and unreliable (eg: Solana). Not only that, but Litecoin has a limited supply of 84m coins and built-in privacy features. It's very undervalued to say the least.

Hopefully, people will realize its true benefits over time. The sky is the limit to how far LTC will go. Who knows if buying LTC now will make you filthy rich in the future? Cheesy
member
Activity: 910
Merit: 31
Looking for guilt best look first into a mirror
December 11, 2023, 09:03:01 AM

Because if just because of the Updates we will trust this coin , then why not happened back in 2018  Grin

You can not seriously compare 2018 to 2023 in Crypto. Or 2010 to 2018 for that matter.
Every situation is quite different. The userbase of crypto has risen, due to 25000 new "opportunities"
Some have turned maxis even.
full member
Activity: 2590
Merit: 228
December 11, 2023, 02:32:26 AM

Litecoin is a good coin, but I think its hype happened a long time ago. It had a halving recently, after which the price dropped again. Yes, maybe when the bulls come back, ltc will rise again, but I don't see much potential in this coin.

Spoken like a trader, you won't be missed, traders destroy all they touch.
Litecoin is better than bitcoin in terms of Whitepaper fullfillment, it settles faster, has an impressive infrastructure, more so for US based people.
 
If we talk about other cryptocurrencies that can be termed better than bitcoin, it can be eth, xmr, even zec which have minimal fees. Bitcoin has no anonymity or privacy either. Bitcoin's transaction speed and block size is also worse than other coins. But nevertheless bitcoin is still the king among all cryptocurrencies.
But Litecoin is also having Minimal fee> and much lower fees comparing to those mentioned currencies so yes we can use Litecoin more than other coins.
the only thing that is best for bitcoin nowadays is the security being the most popular and trusted coins , but aside from that? in is still altcoin is best to use when transacting nowadays .


 Due to the recent updates to the Litecoin network (MimbleWimble protocol merging), it has become one of the safest currencies for use and investment as well, and it was expected that the price would rise since the announcement of the launch of the MW update.

Well by not being the mother of all (Bitcoin) it's a tough call to believe that a coin will rise in recession.  Wink
Because if just because of the Updates we will trust this coin , then why not happened back in 2018  Grin
sr. member
Activity: 2282
Merit: 439
Cashback 15%
December 10, 2023, 12:46:14 PM

Litecoin is a good coin, but I think its hype happened a long time ago. It had a halving recently, after which the price dropped again. Yes, maybe when the bulls come back, ltc will rise again, but I don't see much potential in this coin.

Spoken like a trader, you won't be missed, traders destroy all they touch.
Litecoin is better than bitcoin in terms of Whitepaper fullfillment, it settles faster, has an impressive infrastructure, more so for US based people.
 
If we talk about other cryptocurrencies that can be termed better than bitcoin, it can be eth, xmr, even zec which have minimal fees. Bitcoin has no anonymity or privacy either. Bitcoin's transaction speed and block size is also worse than other coins. But nevertheless bitcoin is still the king among all cryptocurrencies.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
December 10, 2023, 12:38:44 PM
Litecoin did not even go away to say that it is back. You are speaking from a trader's point of view, so that all you care about is the price movement, and you consider that the currency is gone when its price falls and that it is back when the price rises again.

In general, I do not advise you to trust too much in the price movement while making investment options, and not to trust too much in currencies according to the price movement, because the most reliable currencies for investment are the currencies whose price is more stable in the long term, and this is the most important source of their reliability.

At the same time, I congratulate you on choosing Litecoin because it is one of the most solid projects that has proven its efficiency over time. Due to the recent updates to the Litecoin network (MimbleWimble protocol merging), it has become one of the safest currencies for use and investment as well, and it was expected that the price would rise since the announcement of the launch of the MW update.

Indeed. Litecoin is still standing strong despite other coins taking the spotlight. Price-wise, it's not performing well. But the core blockchain network remains useful for day-to-day payments. Compared to BTC and ETH, Litecoin is faster and cheaper to use. I like the fact that market prices are relatively stable. This allows us to use it more as digital cash than a store of value. To those unaware, LTC has privacy features (Mimblewimble) for true financial freedom.

The reason why Litecoin isn't "pumping", it's because of the lack of marketing/promotion from the team. They've focused more on the long-term stability and usefulness of the project than anything else. Nearly every crypto exchange has an LTC trading pair, so I wouldn't expect this cryptocurrency to disappear just like that. It will probably last for generations. As long as it stays decentralized, there should be nothing to worry about. Wink
member
Activity: 910
Merit: 31
Looking for guilt best look first into a mirror
December 08, 2023, 08:33:42 AM

 Due to the recent updates to the Litecoin network (MimbleWimble protocol merging), it has become one of the safest currencies for use and investment as well, and it was expected that the price would rise since the announcement of the launch of the MW update.

Well by not being the mother of all (Bitcoin) it's a tough call to believe that a coin will rise in recession.  Wink
legendary
Activity: 1778
Merit: 1474
🔃EN>>AR Translator🔃
December 07, 2023, 06:53:17 PM
with the return of litecoin this is very encouraging news for all crypto users, especially for those who still hold litecoin, because the price of litecoin has now started to rise,

Litecoin did not even go away to say that it is back. You are speaking from a trader's point of view, so that all you care about is the price movement, and you consider that the currency is gone when its price falls and that it is back when the price rises again.

In general, I do not advise you to trust too much in the price movement while making investment options, and not to trust too much in currencies according to the price movement, because the most reliable currencies for investment are the currencies whose price is more stable in the long term, and this is the most important source of their reliability.

At the same time, I congratulate you on choosing Litecoin because it is one of the most solid projects that has proven its efficiency over time. Due to the recent updates to the Litecoin network (MimbleWimble protocol merging), it has become one of the safest currencies for use and investment as well, and it was expected that the price would rise since the announcement of the launch of the MW update.
hero member
Activity: 3080
Merit: 603
December 07, 2023, 04:04:29 PM
with the return of litecoin this is very encouraging news for all crypto users, especially for those who still hold litecoin, because the price of litecoin has now started to rise,
Litecoin has never been gone but with what you're saying as a return of it. I think that it's all about the peak that it matters to anyone who holds it. It has never change and it's still one of the best to be used for transfers.

for those of you who want to invest in litecoin I think now is the time, to buy it because the price has not rise too high.
Not discouraging everyone but it's good that when a crypto hasn't moved a lot for the past years, yes there's a possibility that it's going to be up soon but we don't know when and if it's going to be the same peak as it is going to be.
member
Activity: 1060
Merit: 11
December 07, 2023, 01:37:47 PM
with the return of litecoin this is very encouraging news for all crypto users, especially for those who still hold litecoin, because the price of litecoin has now started to rise, for those of you who want to invest in litecoin I think now is the time, to buy it because the price has not rise too high.
sr. member
Activity: 1190
Merit: 267
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December 05, 2023, 08:39:47 AM
I don't understand what you mean by all altcoins having problems, what does that mean?  what do you think is problematic?  Litecoin is still good and still worth investing in.  But I think it's still a long way to beat Bitcoin, mate.


I don't think bitcoin can be beaten, because if altcoins rise then bitcoin will rise first, and when it goes sideways that's where altcoins will start to follow bitcoin.
Bitcoin will always rise first if there is no good news that supports the altcoin's rise.
full member
Activity: 1246
Merit: 102
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December 04, 2023, 11:17:56 PM
Litecoin is still good and still worth investing in.  But I think it's still a long way to beat Bitcoin, mate.

You're right, litecoin is worth investigating right now that it's still on the dip, if you can check the statistics of the previous performances of litecoin, you will discover it has reached it all time high of about $450 and we are now by far away from such, any Investment made on litecoin will come in with another lifetime opportunity after the bullrun is experienced, though we should know that there's no any other cryptocurrency that can be able to beat bitcoin, because bitcoin lays the legacy other alts follows.
In technical analysis, Litecoin has penetrated the resistance line in the past and that indicates bullishness on Litecoin, but at that time there was no support from Bitcoin's rise. and currently it seems to have moved up along with the increase in bitcoin. We can see later in the bullish season of course how Litecoin can climb, but to replace Bitcoin I think is very difficult to happen
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
December 03, 2023, 03:11:06 PM
No coin can outperform BTC.. How can a token on no 17 according to coinmarkecap can outperform BTC. If a coin had to perform this, it would be Ethereum and results is our front that Eth is also very far to reach this stage which indicates that no altcoins has still ability to out perform BTC..

At that time btc fee is high which will temporary down the daily btc transaction but it is not sign of leaving btc and look for other coin.

Litecoin has own feature and usecase. we should not compare with BTC.. If we comparing local bank with Central bank so we are devaluing local coin and same with BTC.

Of course. No one said LTC would ourperform BTC in the long run. The "King" simply can't be beat. Without Bitcoin, Litecoin nor any of the other cryptocurrencies we know and love today would exist. Despite the declining popularity of LTC, I think it's a great alternative for those looking to save on fees and reduce wait times. Litecoin is much more decentralized than Ethereum and its competitors. It's very undervalued, especially when it has a supply of 84m units. With subsequent halving events, LTC should've been in the "four figures" by now.

At least, it's doing the job it's supposed to. As long as it stays decentralized, there should be nothing to worry about. Hopefully, it will rise among the top 5 ranks in market cap soon. Who knows if LTC lives alongside BTC for generations? Cheesy
member
Activity: 910
Merit: 31
Looking for guilt best look first into a mirror
December 02, 2023, 03:09:08 PM

Litecoin is a good coin, but I think its hype happened a long time ago. It had a halving recently, after which the price dropped again. Yes, maybe when the bulls come back, ltc will rise again, but I don't see much potential in this coin.

Spoken like a trader, you won't be missed, traders destroy all they touch.
Litecoin is better than bitcoin in terms of Whitepaper fullfillment, it settles faster, has an impressive infrastructure, more so for US based people.
 
sr. member
Activity: 2282
Merit: 439
Cashback 15%
December 02, 2023, 05:36:28 AM
Litecoin is still good and still worth investing in.  But I think it's still a long way to beat Bitcoin, mate.

You're right, litecoin is worth investigating right now that it's still on the dip, if you can check the statistics of the previous performances of litecoin, you will discover it has reached it all time high of about $450 and we are now by far away from such, any Investment made on litecoin will come in with another lifetime opportunity after the bullrun is experienced, though we should know that there's no any other cryptocurrency that can be able to beat bitcoin, because bitcoin lays the legacy other alts follows.
Litecoin is a good coin, but I think its hype happened a long time ago. It had a halving recently, after which the price dropped again. Yes, maybe when the bulls come back, ltc will rise again, but I don't see much potential in this coin.
hero member
Activity: 952
Merit: 555
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December 02, 2023, 05:24:35 AM
Litecoin is still good and still worth investing in.  But I think it's still a long way to beat Bitcoin, mate.

You're right, litecoin is worth investigating right now that it's still on the dip, if you can check the statistics of the previous performances of litecoin, you will discover it has reached it all time high of about $450 and we are now by far away from such, any Investment made on litecoin will come in with another lifetime opportunity after the bullrun is experienced, though we should know that there's no any other cryptocurrency that can be able to beat bitcoin, because bitcoin lays the legacy other alts follows.
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