Topic: The reason why litecoin is growing - page 2. (Read 409 times)
The price of litecoin will continue to grow. At least before they officially announce futures contracts. The market as a whole shows growth. Also, there are news about other companies' support for litecoin. So the next month, I think, we will see new peaks in the coin value.
More like, alts are being pumped while bitcoin is consolidating. It's always the same thing and there is nothing special about this pump or litecoin. Doesn't matter much who appeared where. Although it helps that litecoin is one of the few alts in coinbase. But expect a dump once bitcoin gets moving again.
Litecoin is growing because it is the replica of bitcoin, and that was the main purpose of why they created this altcoin on the past, because they wanted it to be the silver version of bitcoin.
lower fees, faster transactions, and it is much more profitable (+3000% in a year)
litecoin replica bitcoin seems very different. but I think litecoin will achieve success like bitcoin is not impossible, because the large volume of litecoins and pasr litecoin always busy buying and selling can make the development of litecoin very good in cryptocurrency. lower fees, faster transactions, and it is much more profitable (+3000% in a year)
I couldn't find any strong reason behind the recent pumping, simply unnatural. I've heard this from few people, it is also pumping. You might buy it and take the opportunity.
I think DASH it better, but LTC is impressive
Agree!
LTC no features!
ETH IS THE BEST OF THE BESTS
BUT LTC ARE ON HYPE NOW! INVEST NOW IN LTC TILL $1000
very happy that it is! would be ecstatic if it finally touches $1000! Perhaps people are shifting to litecoin for its faster transaction speed and lower transaction rate.
Litecoin is growing because it is the replica of bitcoin, and that was the main purpose of why they created this altcoin on the past, because they wanted it to be the silver version of bitcoin.
lower fees, faster transactions, and it is much more profitable (+3000% in a year)
lower fees, faster transactions, and it is much more profitable (+3000% in a year)
litecoin has a bad trackrecord of breaking the worst when hitting all time high rates... though it has potential background.. still it has physcological problems of investors... because its considerd as crpyo silver and we all know that people dont give much importance to silver than gold in the real world and crypto world....
I think DASH it better, but LTC is impressive
Yes, absolutely. Also, since the slowdown with ETH, I have been converting to either LTC or DOGE to transfer my funds between exchanges. I think there are many others doing the same thing. I am absolutely not surprised that there has been a spike in both coins' prices lately. Fast transactions, low fees and accepted on many major exchanges - what's not to love!
I think btc transaction fee. And lite on so many markets .
if viewed then I can not believe that coins grow because someone mentions in social media and continues to grow rapidly without limits and I think it's best. and Litecoin has its own advantages and added there are other alternatives that grow significantly - even more than LTC these days, which are not yet in the news and many are mining the Litecoin (LTC) and they are getting a very profitable profit and I'm sure going forward litecoin will be much more developed than before.😉
The most interesting thing about Litecoin is its speed. In tests where one user compared the speed of coins being transferred from an exchange to a hardware wallet like Trezor, Litecoin performed best, transferring 23 coins in under 10 seconds. Businesses paying attention to Litecoin’s fast advancements on the payment front are increasingly adopting it into their own ecosystems as well.
I think the bad of this is, if people get more into litecoin it's price and network will collapse as the btc does.
The most interesting thing about Litecoin is its speed. In tests where one user compared the speed of coins being transferred from an exchange to a hardware wallet like Trezor, Litecoin performed best, transferring 23 coins in under 10 seconds. Businesses paying attention to Litecoin’s fast advancements on the payment front are increasingly adopting it into their own ecosystems as well.
*technical lead over bitcoin
*fast confirmation time
*Accepted at steam
Sorry but many other coins have the features you mentioned as well. I love litecoin but the fact remains, other coins have better features like:
*technical lead over litecoin
*faster confirmation time than litecoin
*accepted at more merchants than litecoin
Im happy for litecoin's success but I don't see any new innovations that will change the cryptocurrency world. I'm buying into the LTC pump but only to increase my BTC.
It is not hard for litecoin to increase since it had the most usage against all cryptos.
I think it just deserves a better value than any coins.
The sad part actually is why it just happened now. Do we really need to see bitcoin grow first before this altcoins can also be seen.
It should be more valuable than what it is now and yet it being harassed to go back down.
I think it just deserves a better value than any coins.
The sad part actually is why it just happened now. Do we really need to see bitcoin grow first before this altcoins can also be seen.
It should be more valuable than what it is now and yet it being harassed to go back down.
Well the appearance of litecoin in mainstream media might be the reason of price boost of litecoin but i still can't remove the fact the some investors were moved to litecoin due the fact bitcoin transaction fees are very high and the transaction confirmation time is very slow that might took the advantage of litecoin and attracted the investor who were looking for lower transaction and fast confirmation times anyways litecoin is very undervalued coin so a little love will do.
BTC
Good things will happen to LTC. Ecosystems have seen major technological developments over the past few months. It would be interesting to see Litecoin compete with Ethereum. It is not clear how it will happen.
free publicity is good, but product needs to be technically sound in the first place
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