Litecoin's future - page 17. | Bitcointalksearch.org

Kupid002

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Quote from: BigBos on October 28, 2017, 10:47:49 PM

Quote from: ramsdaj28 on October 28, 2017, 10:40:28 PM

Quote from: windsee on October 28, 2017, 10:21:56 AM

Litecoin was regarded as silver to Bitcoin. However, its performance is much worse than Bitcoin.

What's your view on Litecoin's future? Will it catch up or continue to underperform?

In my opinion, litecoin is actually not underperforming today. If you look at its BTC equivalence, you might say it's underperforming, but take a look at its value in dollar. There was a point in July of 2017 where it reached an equivalent value of 0.021 BTC or $42.50 (BTC price by that time is $2000). Although the value of litecoin in terms of bitcoin has dropped from 0.021 BTC in July to 0.0095 BTC today, its value in US dollar has rised up from $42.50 in July to $54.00 today. That's because bitcoin price has rised up, which pulled up the value of litecoin in terms of US dollar.

For me, litecoin will still catch up in the near future, and will remain at top 5 best cryptocurrencies of all time.

well let's hope that litecoin will be from one of the best cryptocurrencies in the future. well until now litecoin still in need, and even managed to compete with other cryptocurrency. so I think litecoin will get great attention in the future.

yes i may agree on it that litecoin could ever give a great for the near future , and even though we see how good it is how was the characteristic of this coin so i may agree that this coin will even more get rise up for more months lets just see what will be this coin rank on the 2018.

richan

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Is a stable crypto currency used as hedging against inflation when dealing with arbitrage opportunity. It does not move up nor down too much and always stays within a range.

aoluain

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Quote from: windsee on October 28, 2017, 10:21:56 AM

Litecoin was regarded as silver to Bitcoin. However, its performance is much worse than Bitcoin.

What's your view on Litecoin's future? Will it catch up or continue to underperform?

"its performance is much worse than bitcoin" i assume you are basing this on the
fact that Litecoin isnt valued at something like $5000 Roll Eyes

Litecoin in my opinion is a real safe bet for long term storage, the dev team are very
active and it is enjoying a nice sustainable rise in value at the moment after being
very stable for a number of weeks.

IMO its stability is not attractive to the "get rich quick" crew who relish the turmoil
of pump and dump's.

Synaesthesia

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This is due to of the fact that, the attractionof Bitcoin is too big. The investors just take care Bitcoin and forget the Litecoin. Dont worry, It is still a good coin with a slow growth

Maren

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Quote from: Snorren on November 23, 2017, 04:45:38 PM

Quote from: RoommateAgreement on October 29, 2017, 12:35:11 AM

speaking of ETH, you should not compare these two because ETH has a huge premine which they have been using to pump the price, spam advertise about it and generally to manipulate the market. and also there are are all these ICOs that keep coming out and keeping ETH price up despite all the dumps and bubble bursts. if ETH could keep its price up like this as long as LTC did then you can start comparing them.

True dat

LTC is also heavily concentrated in a few hands. But comparing ETH and LTC is appples/oranges thing. You can compare LTC to BTC though, currently LTC has LN but not nearly enough users and adoption to make good use of it.

Atomic swaps are a reality, but before that catches on
..a lot of things could happen

Now LTC just doesn't offer anything BTC doesn't do better, with exponentially larger users base and much wider adoption.

Saying LTC is silver to BTC gold is wishful thinking, as it is nothing of the like.

Aureliusy

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Cant quite understand why gimmicky ""new tech" premined rebranded coins/tokens get so much attention. LTC is THE BTC little brother and THE NO1 alternative to BTC (no need for any BTC forks). Been around since 2011. Huge network, Supported on many exchanges.
Prediction for 2018: 160$ at least. BAck to the 0.02 ratio ,

Snorren

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Quote from: RoommateAgreement on October 29, 2017, 12:35:11 AM

speaking of ETH, you should not compare these two because ETH has a huge premine which they have been using to pump the price, spam advertise about it and generally to manipulate the market. and also there are are all these ICOs that keep coming out and keeping ETH price up despite all the dumps and bubble bursts. if ETH could keep its price up like this as long as LTC did then you can start comparing them.

True dat

btcney

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Quote from: wagi on October 29, 2017, 03:26:01 AM

Yes, i think that will contnue. I dont really like this coin. The marketcap also not so big.
So i think it will not growth much in future.

Whilst growth long term probably won't be that big with litecoin since its original purpose of being an ASIC resistant altcoin has already been broken since the introduction of litecoin ASICs, and right now it's entirely community and founder based coin.

But there should still be a few more pumps left in the tank for Litecoin at least.

Short term, it will break 0.01 BTC again sooner or later. Long term, not as bullish as the others.

Rinaze

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Quote from: sakkosekk on October 28, 2017, 12:05:56 PM

It was said that
If BitCoin is called gold then litcoin will be silver. But I think not, I think ETH is silver, and I think ETH is higher than lithecoin
LiteCoin is one of the oldest electronic coins along with BitCoin,
But so far it has lagged behind because there are so many other currencies with outstanding technology and outstanding applications.

ETH main purpose is not even of a currency coin yet, period. You should compare apple to apple and orange to orange.

LTC only advantage over BTC right now is just LN. LTC transaction speed and fee is more optimal as well but not heavily tested like BTC. But if the plan to integrate LTC and BTC goes through (being able to use LTC to pay for items priced in BTC as well), then LTC market movement might be shooting up faster than Monero.

wagi

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Yes, i think that will contnue. I dont really like this coin. The marketcap also not so big.
So i think it will not growth much in future.

virasog

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Leading Crypto Sports Betting & Casino Platform

Quote from: windsee on October 28, 2017, 10:21:56 AM

Litecoin was regarded as silver to Bitcoin. However, its performance is much worse than Bitcoin.

What's your view on Litecoin's future? Will it catch up or continue to underperform?

There is no more or less future there than there was last week.

RoommateAgreement

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Bazinga!

Quote from: RieL on October 28, 2017, 11:58:47 PM

There are some people that the bitcoin was the gold and the litecoin was silber but i thunk thay eth will be the rightfull one to be the once whi called the silver because ETH has a higher value.the litecoin eas almost the same age as the bitcoin but thr litecoin was not so popular because there are some other currencies that beat the litecoin before

litecoin is one of the oldest coins that has been around. it kept the price up all these years and it even went up in value. that is not something small to ignore in an altcoin when you are talking about how good that said altcoin is.

speaking of ETH, you should not compare these two because ETH has a huge premine which they have been using to pump the price, spam advertise about it and generally to manipulate the market. and also there are are all these ICOs that keep coming out and keeping ETH price up despite all the dumps and bubble bursts. if ETH could keep its price up like this as long as LTC did then you can start comparing them.

RieL

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There are some people that the bitcoin was the gold and the litecoin was silber but i thunk thay eth will be the rightfull one to be the once whi called the silver because ETH has a higher value.the litecoin eas almost the same age as the bitcoin but thr litecoin was not so popular because there are some other currencies that beat the litecoin before

princehandsome

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Litecoin including coins that are very rare / difficult to get except trading in the exchange, i thinks maybe the current this coins performance is not good. seems a future Litecoin will decrease further as time goes by. coins that have a bright future currently that is ETH.
but I still love this coin even though the situation until now is not good.

khoamouse

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In the absence of a hack - I think we will see somewhere between $12,500 - $15,000 per bitcoin.

With a hack of the protocol - it will fall close to zero - until a massive patch is put in place, and gradually rise from a zero base.

I think the protocol will evolve over time to overcome this risk but it is an important one worthy of consideration.

Evangeline2

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I think litecoin no future, the development of the currency is very problematic, not much value, I am not optimistic.
Cry

hello_good_sir

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Quote from: windsee on October 28, 2017, 10:21:56 AM

Litecoin was regarded as silver to Bitcoin. However, its performance is much worse than Bitcoin.

What's your view on Litecoin's future? Will it catch up or continue to underperform?

Litecoin has gotten pumped and right now is in the correction phase. So that is why right now it may seem like that it is underperforming. To me, litecoin is still the silver to bitcoin, not ethereum. It's just sentiments for old investors.

After this current dip i think the price will be driven up by the markets.

But how long this dip will last for i have no idea. Could be a whole year or more like last time.

AyaYotoko

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I'm a fan of litecoin but not very happy with the recent progress at all but maybe i'm just too impatient. But I wouldnt give up on litecoin, it already proved through the years that LTC is unbeatable. It's price is slowly but surely raising its value. And also if BTC will soon be exhausted people will find other alt coins and most probably LTC is the next choince. So I would keep my LTC

BigBos

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Quote from: ramsdaj28 on October 28, 2017, 10:40:28 PM

Quote from: windsee on October 28, 2017, 10:21:56 AM

Litecoin was regarded as silver to Bitcoin. However, its performance is much worse than Bitcoin.

What's your view on Litecoin's future? Will it catch up or continue to underperform?

In my opinion, litecoin is actually not underperforming today. If you look at its BTC equivalence, you might say it's underperforming, but take a look at its value in dollar. There was a point in July of 2017 where it reached an equivalent value of 0.021 BTC or $42.50 (BTC price by that time is $2000). Although the value of litecoin in terms of bitcoin has dropped from 0.021 BTC in July to 0.0095 BTC today, its value in US dollar has rised up from $42.50 in July to $54.00 today. That's because bitcoin price has rised up, which pulled up the value of litecoin in terms of US dollar.

For me, litecoin will still catch up in the near future, and will remain at top 5 best cryptocurrencies of all time.

well let's hope that litecoin will be from one of the best cryptocurrencies in the future. well until now litecoin still in need, and even managed to compete with other cryptocurrency. so I think litecoin will get great attention in the future.

ramsdaj28

sr. member

Activity: 420

Merit: 256

اللعنة

Quote from: windsee on October 28, 2017, 10:21:56 AM

Litecoin was regarded as silver to Bitcoin. However, its performance is much worse than Bitcoin.

What's your view on Litecoin's future? Will it catch up or continue to underperform?

In my opinion, litecoin is actually not underperforming today. If you look at its BTC equivalence, you might say it's underperforming, but take a look at its value in dollar. There was a point in July of 2017 where it reached an equivalent value of 0.021 BTC or $42.50 (BTC price by that time is $2000). Although the value of litecoin in terms of bitcoin has dropped from 0.021 BTC in July to 0.0095 BTC today, its value in US dollar has rised up from $42.50 in July to $54.00 today. That's because bitcoin price has rised up, which pulled up the value of litecoin in terms of US dollar.

For me, litecoin will still catch up in the near future, and will remain at top 5 best cryptocurrencies of all time.

Topic: Litecoin's future - page 17. (Read 5460 times)