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Topic: What about Litecoin? - page 2. (Read 1116 times)

legendary
Activity: 3752
Merit: 1415
September 13, 2021, 05:52:22 PM
The "Silver to Bitcoin's Gold" has been out of the spotlight for quite time. I'm surprised this is happening with LTC since worthless coins like Dogecoin and SHIBA are getting all of the attention in the mainstream world. Unlike the aforementioned coins, Litecoin with only 84 million coins that will ever exist. One thing for sure is that Litecoin is faster and cheaper than Bitcoin. If DOGE went all the way from being worth nothing all the way to nearly $1 per coin, then Litecoin can do much more than that.

Last time I've checked, LTC developers announced the "Mimblewimble" privacy technique. I don't know if it's already been implemented since I haven't been catching up with the project's progress. Adding new features to a Blockchain should make the underlying cryptocurrency soar all the way to the moon. Yet, nothing is happening as LTC remains stagnant in price.

Am I missing something here? What do you think may be the cause of Litecoin's stagnation? Will it have a future? Do you think it is worth buying and holding for the long term just like Bitcoin? Your input will be greatly appreciated. Thank you very much. Smiley

Just like every other era, the meme coins were the fad this go around.  When the smoke clears coins like bitcoin, litecoin, eth will still be standing.  Keep piling into them and you should be fine.  These fad coins will get smashed eventually.  They are just pump toys.
member
Activity: 532
Merit: 25
September 13, 2021, 05:31:39 PM
Today someone played an interesting “game” with Lite, when it suddenly pumped to 240$ and then again dumped to 170$. Everything happened so fast and unexpectedly for me. Now I'm just sitting and thinking, what was it and what could it mean. Very odd moment. Think, we need to pay more attention to Lite now, it can grow up now.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
September 13, 2021, 03:36:04 PM
I see Litecoin is the oldest surviving coin after Bitcoin. Maybe most of the others don't have a good volume. So I remain optimistic about Litecoin's condition even though the price movement is a bit late compared to other coins. The current Litecoin price has given the team optimism to continue to maintain the value of Litecoin on the exchange.

I'm pretty sure Litecoin will last a lifetime. Just like you said, Litecoin is one of the oldest surviving coins after Bitcoin. It's a tried-and-tested blockchain network with a solid foundation built upon it. Other altcoins are easily attacked because of their low network hashrate. But Litecoin hasn't seen any kind of interference since launch (as far as I'm aware).

The reason why Litecoin hasn't been soaring towards new heights is because of low market demand. Most people are focused on "De-Fi" and NFTs, so single-purpose blockchain networks (like Litecoin) are left behind in the dust. What matters is that Litecoin stays decentralized and censorship-resistant. Only this way, it'll be able to withstand governments' efforts against it. I wouldn't worry about Litecoin's price as long as the Blockchain is still alive. Just my thoughts Grin
member
Activity: 896
Merit: 17
September 13, 2021, 11:28:53 AM
such cryptocurrencies as LTC can always show such growth dynamics at any time, this coin is time-tested, and for a long time it occupies a good position in the CMC on the market, so this is the beginning, perhaps we will see new peaks of this coin, whales are determined to raise this coin to the top.
member
Activity: 352
Merit: 18
Pepemo.vip
September 13, 2021, 10:55:48 AM
Yeah, i think it has a potential and worth holding. It has really low fees and fast and safe transactions. It's one of the first crypto and it may have really good rise in the future.

Yes, I agree with you. Already Litecoin (LTC) have a lot of popularity, the popularity of Litecoin (LTC) is increasing day by day. I believe Litecoin (LTC) will be able to move to a better position in the future. Just waiting for the time.
legendary
Activity: 3766
Merit: 1217
September 13, 2021, 10:54:32 AM
The cryptocurrency Litecoin is up more than 140% in 2020. In 2021, LTC showed very fast growth until May. however, due to some external factors, the situation changed significantly. The price of Litecoin has been through a lot since its launch and has been very volatile, up and down.
This contributed to a significant rise in price before a minor correction occurred. This price correction did nothing to counter Litecoin's strong price trajectory. As for Litecoin's long-term predictions, the outlook suggests that Litecoin has potential.

The price have been up and down, but despite that it has managed to survive in the cryptocurrency market. It can be said that the prices haven't increased as much as ADA or BNB, but still LTC has given good returns to those who invested in that coin. That said, some of the newer coins have managed to overtake LTC. Once upon a time, LTC used to rank within the top-5. After a few years, it dropped to top-10. And now it is at no.14 in market cap as per the Coinmarketcap list. Let's hope that it will stay there for sometime.
member
Activity: 308
Merit: 10
September 13, 2021, 10:21:50 AM
Now,the lack of innovation on the Litecoin blockchain makes the crypto community more eager to surround this new blockchain system.Moreover,the Ethereum system also appeared in 2013,two years after the Litecoin project was officially launched.Thus,the presence of Litecoin is considered to wither before it develops,Especially now that Litecoin's position is increasingly threatened after the emergence of new,more sophisticated blockchains,such as those offered by Polkadot or Cardano.As a result,Litecoin's demand was affected and of course made the price stagnate,and now Litecoin is still in the top five cryptocurrencies with jumbo market capitalization.Now,in July 2021, Litecoin is ranked 13th
TWW
full member
Activity: 1456
Merit: 109
September 13, 2021, 10:20:51 AM
litecoin price today rose significantly to the position of $ 231 but today is a dump. i think the litecoin market will still surprise with having huge potential to pump and dump. so Litecoin can still be used as a long-term coin of choice
for the long term of course LTC will not be in doubt. but now there is bad news regarding LTC which turns out to be false news. I believe the reason for the current market downturn is not the news. and now we can only wait for how bitcoin will trend the market. and I'm sure LTC will follow suit.
sr. member
Activity: 1204
Merit: 272
1xbit.com
September 13, 2021, 10:15:39 AM
What do you think may be the cause of Litecoin's stagnation?

I see Litecoin is the oldest surviving coin after Bitcoin. Maybe most of the others don't have a good volume. So I remain optimistic about Litecoin's condition even though the price movement is a bit late compared to other coins. The current Litecoin price has given the team optimism to continue to maintain the value of Litecoin on the exchange.

No one can ever compete with Litecoin and ETH.
Truly after BTC they are the real OGs who have survived the market for the past years.
Yes currently the price of LTC should have gone too up, but due to the big social investors support towards other coins have made the rising in a slower pace.
Nevertheless the time for LTC will soon come and soon the price will again rise.
Everyone will be curious about the coin and soon we will see a lot of activity regarding LTC.
newbie
Activity: 88
Merit: 0
September 13, 2021, 10:01:21 AM
Today was... interesting and exhausting. Two news made it pump and dump. Still think that it's a great coin which is easy to use and have porential to go up.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
September 13, 2021, 09:59:38 AM
It seems today Litecoin investors were deceived by Fakes News.

A Top 20 coin and still many members of our community got pumped-dumped.
I believe that even the official Litecoin twitter shared it, this sounds serious
member
Activity: 658
Merit: 10
Catena X
September 13, 2021, 09:24:14 AM
The cryptocurrency Litecoin is up more than 140% in 2020. In 2021, LTC showed very fast growth until May. however, due to some external factors, the situation changed significantly. The price of Litecoin has been through a lot since its launch and has been very volatile, up and down.
This contributed to a significant rise in price before a minor correction occurred. This price correction did nothing to counter Litecoin's strong price trajectory. As for Litecoin's long-term predictions, the outlook suggests that Litecoin has potential.
member
Activity: 1540
Merit: 22
September 13, 2021, 08:14:11 AM
For me, doge is unique, the key is that doge is still available because there are still influential people backing it up, which means it is still being pumped by Elon and discussed by big institutions, yes, doge is still up. Maybe this item is still lacking and is the main cause of LTC stagnation

Currently, LTC is still cheap and still okay to hold long term. LTC with supply = 84 million coins takes quite a long time to reach it is the same as Bitcoin = total supply of 21 million coins is expected to reach total supply in 2140.
full member
Activity: 994
Merit: 117
September 13, 2021, 03:26:50 AM
Ltc actually keeps abreast of how the market is moving but cannot make itself move against the flow on its own like DOGE, ETH, BNB, ADA and SOL.
if only they were quicker to make changes like other potential projects do most of which already have smart contracts for their dapp projects. it is possible that there will be a mainstream change in LTC.
newbie
Activity: 93
Merit: 0
September 13, 2021, 03:20:56 AM
I'm using LTC for transactions, not for holding. It has very low fees and it's big advantage.BTC is for holding, ETH for holding and tech, LTC for usage.
member
Activity: 423
Merit: 11
September 12, 2021, 05:25:08 PM
What do you think may be the cause of Litecoin's stagnation?

I see Litecoin is the oldest surviving coin after Bitcoin. Maybe most of the others don't have a good volume. So I remain optimistic about Litecoin's condition even though the price movement is a bit late compared to other coins. The current Litecoin price has given the team optimism to continue to maintain the value of Litecoin on the exchange.
member
Activity: 175
Merit: 10
ITSMYNE
September 12, 2021, 01:58:03 PM
Really disappointed with Litecoin. Never know if they don't have promoters or market analyst to promote their coin. A coin that was among the top 5 coin in the coinmarket has dropped to the 17th position shows that the product lack quality to compete in the top spot. other projects like doge made good price movements.  it is surprising to see projects like Avanlance, solana, terra and other smart contract projects move pass litecoin. totally disappointing. i am holding and believing in litecoin.
member
Activity: 308
Merit: 10
www.cd3d.app
September 12, 2021, 12:48:39 PM
I think this coin is slow but steady, this coin is very strong and durable, that's a good sign and suitable for long term investment, just invest with this coin and leave it for 4 to 5 years or more will surely multiply the profits here.
hero member
Activity: 1932
Merit: 511
Vave.com - Crypto Casino
September 11, 2021, 06:06:46 AM
Litecoin is the oldest numbered coin that was juxtaposed with bitcoin. If bitcoin is considered gold, then Litecoin will be considered silver. In addition, many of the advantages of litecoin is, one of its fast and cheap transactions. In addition, now also his development is quite good, and still worth investing in.
sr. member
Activity: 1876
Merit: 318
September 11, 2021, 05:56:35 AM
Litecoin is one of the old projects that I still use, I like moving my funds from one exchange to another using Litecoin. In addition to the low cost,
the process is also very fast. Regarding Litecoin's performance, it is still very feasible for investment, although not in the top 10 altcoins, the demand
for Litecoin is very high. It is proven that this year Litecoin managed to reach the ATH price 4 months ago. This means that Litecoin is still profitable
for investment, unfortunately Litecoin does not have the latest developments from the developer team, if left for a long time without any updates
will make investors move to other projects that have an active developer team.
That's the consideration for now. not too much development for now. what happened was just following bitcoin.
but despite all that, LTC is still very promising for the long term. and some users who use asset transfer with LTC will definitely consider TRX. both are almost the same. but for some exchanges of course have different fees.

Honestly Litecoin is one of my favorite coins until now, although there are several other altcoins that have faster and cheaper transaction fees
nowadays, but I'm still comfortable using Litecoin. Like the TRX you mentioned is indeed a good choice to use to move funds, but because I have
known Litecoin for a long time and have never been disappointed while using Litecoin. So I really prefer to use Litecoin, even I also use Litecoin
to play online gambling, because Litecoin is also listed on several gambling platforms. But the problem is that not many people like me,
and I might change my mind in the future too. So there really has to be an update from the Litecoin team of developers,  so that Litecoin can
compete with other altcoins and get back into the top 10 cryptos.
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