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Topic: What about Litecoin? - page 3. (Read 1116 times)

legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
September 10, 2021, 08:48:59 PM
Litecoin is very interesting in exchange, everyone will not reject it, many people have looked at litecoin for exchange because of the cheap gas costs, actually litecoin is a coin meme that has been around for a long time because this year there have been several corrections, all coins have decreased and some of them have reached ATH and I also use litecoin for exchange in wallets at the moment
is this serious LTC is a meme coin? what are the actual meme coin criteria? so you put LTC in that category?
LTC itself is not so much market movement. following the trend shaped by bitcoin and not much going on.
we can see LTC actually has a fairly high trading community.
LTE is not a meme coin, it's not like a DOGECOIN and currently, I believe LTC is undervalued since the hype is on the new coins in the market. LTC only has 66,752,615 supply, I think the price is too low compared to its supply and therefore there's a possibility that it will pump again.

We should also not question if it's dead or not because LTC still has a decent trading volume with over $3 billion on average daily based on the record in CMC.

Quote
So far, we haven't seen the maximum for this year.
Not yet but this coin is worth watching for.

I believe that the fact that Dogecoin is a meme coin, has offer it more visibility, perhaps even a more commited community, just because how exotic is almost everything around that project. Litecoin has a more serious approach than Dofecoin. I am just afraid investors can be so reckless that many of them would give up "seriousness" for the chance of more possible gains. Just my opinion,
sr. member
Activity: 896
Merit: 250
September 10, 2021, 09:27:24 AM
One of the advantages of LiteCoin is that the price is much cheaper but the potential is quite good, and some are like gem coins that we don't think are the most profitable LTC, and Litecoin is still in good market condition so many investors are still investing. The normal LTC market flow is still there and there are no problems since I know Litecoin, and Litecoin is worth investing in for the long term
hero member
Activity: 2982
Merit: 610
September 10, 2021, 07:50:00 AM
Litecoin is very interesting in exchange, everyone will not reject it, many people have looked at litecoin for exchange because of the cheap gas costs, actually litecoin is a coin meme that has been around for a long time because this year there have been several corrections, all coins have decreased and some of them have reached ATH and I also use litecoin for exchange in wallets at the moment
is this serious LTC is a meme coin? what are the actual meme coin criteria? so you put LTC in that category?
LTC itself is not so much market movement. following the trend shaped by bitcoin and not much going on.
we can see LTC actually has a fairly high trading community.
LTE is not a meme coin, it's not like a DOGECOIN and currently, I believe LTC is undervalued since the hype is on the new coins in the market. LTC only has 66,752,615 supply, I think the price is too low compared to its supply and therefore there's a possibility that it will pump again.

We should also not question if it's dead or not because LTC still has a decent trading volume with over $3 billion on average daily based on the record in CMC.

Quote
So far, we haven't seen the maximum for this year.
Not yet but this coin is worth watching for.
copper member
Activity: 1428
Merit: 253
September 10, 2021, 07:34:17 AM
I am afraid that Litecoin may have so trouble to stay relevant in the market without more development, does anyone here knows whether Litecoin developers are planning something important for the mid-long term?
Yeah mee too i have not heard about development of Litecoin by the developers since quiet a long time and i am bit afraid that litecoin can lack behind.
i always loved litecoin and i hope they are planning something good.

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.
legendary
Activity: 3318
Merit: 1247
Bitcoin Casino Est. 2013
September 10, 2021, 07:26:00 AM
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

I don't know if it will have a bright future but I use it intensively for a single purpose.Usually there are some sites where they let you work and invest online and these sites prefer a lot Litecoin to Bitcoin as a payment option and in those sites I use Litecoin to deposit as it is the preferred method there.Litecoin is really fast and now that I recall I also used it when I used to play slots daily because of really low fees compared to other major coins but I have quit gambling now.
sr. member
Activity: 664
Merit: 253
SmartFi - EARN, LEND & TRADE
September 10, 2021, 07:24:19 AM
Litecoin is very interesting in exchange, everyone will not reject it, many people have looked at litecoin for exchange because of the cheap gas costs, actually litecoin is a coin meme that has been around for a long time because this year there have been several corrections, all coins have decreased and some of them have reached ATH and I also use litecoin for exchange in wallets at the moment
is this serious LTC is a meme coin? what are the actual meme coin criteria? so you put LTC in that category?
LTC itself is not so much market movement. following the trend shaped by bitcoin and not much going on.
we can see LTC actually has a fairly high trading community. So far, we haven't seen the maximum for this year.
sr. member
Activity: 1876
Merit: 318
September 10, 2021, 07:13:58 AM
I am afraid that Litecoin may have so trouble to stay relevant in the market without more development, does anyone here knows whether Litecoin developers are planning something important for the mid-long term?
Yeah mee too i have not heard about development of Litecoin by the developers since quiet a long time and i am bit afraid that litecoin can lack behind.
i always loved litecoin and i hope they are planning something good.

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.
full member
Activity: 840
Merit: 126
Welcome back 🙏
September 10, 2021, 06:58:23 AM
I am afraid that Litecoin may have so trouble to stay relevant in the market without more development, does anyone here knows whether Litecoin developers are planning something important for the mid-long term?
Yeah mee too i have not heard about development of Litecoin by the developers since quiet a long time and i am bit afraid that litecoin can lack behind.
i always loved litecoin and i hope they are planning something good.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
September 10, 2021, 05:55:30 AM
Litecoin is one of a few altcoins will survive with Bitcoin. They are not altcoin created for pump and dump to die. Its network has good hashpower and are not a weak one like many new altcoins.

Agree. Litecoin may never go away since it's one of the oldest cryptocurrencies in existence with a tried-and-tested blockchain network. Other altcoins easily become a victim of a 51% attack due to their low hashrate. They don't have an established presence in the mainstream world, since they're just starting to blossom. To my knowledge, there hasn't been a single network disruption on LTC. Based on this, we can say Litecoin is sound money just like Bitcoin. Not only that, but Litecoin's supply is extremely limited compared to the rest of the other altcoins on the market. Only 84 million coins will ever be mined, making Litecoin second next to Bitcoin in terms of scarcity.

Unfortunately, demand for LTC is low because people are mainly focused on "De-Fi" and NFTs. The industry is revolving around smart contracts these days, so single-purpose Blockchain networks like Litecoin are left behind in the dust. I wouldn't worry much about Litecoin's price since it's all about utility. As long as Litecoin is useful, nothing else matters. Just my opinion Smiley
legendary
Activity: 2044
Merit: 1018
Not your keys, not your coins!
September 02, 2021, 10:52:22 PM
#99
What makes Litecoin special is the community, and established presence in the crypto/Blockchain space. It's a tried-and-tested blockchain network that has survived all these years without any interruptions whatsoever (unlike other newer projects like Bitcoin Cash and Bitcoin SV). 
Litecoin is one of a few altcoins will survive with Bitcoin. They are not altcoin created for pump and dump to die. Its network has good hashpower and are not a weak one like many new altcoins.

Quote
Now the project aims to distance itself from Bitcoin with the adoption of a privacy technique called "Mimblewimble". If successfully implemented, Litecoin could gain the attention of mainstream traders and investors alike.
Charlie Lee announced its plan in 2019 and after 2 years, there is no big upgrade with Mimblewimble. I am waiting for his announcement.

Quote
The reason why LTC hasn't soared to new heights is because people are mainly focused on "De-Fi" and NFTs. It's no wonder why cryptocurrencies with smart contract functionalities are in the top spots in market cap. Ultimately, what matters is usability.
Usability of NFT are useless, it is my thought. They are created for pump and dump to die. They are useless long term.

Litecoin has good usability and is it enough to call it as long term usability? Litecoin has many years here.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
September 02, 2021, 07:22:17 PM
#98
Yeh what about it, its a copy of bitcoin with some numbers tweeked, thats it.
It is not silver to gold more like 75% diluted gold. It is like drinking pure wine or three quarter watered down drink,

That's certainly true, mate. But there's more to a cryptocurrency project than just a few tweaks in its code. What makes Litecoin special is the community, and established presence in the crypto/Blockchain space. It's a tried-and-tested blockchain network that has survived all these years without any interruptions whatsoever (unlike other newer projects like Bitcoin Cash and Bitcoin SV).  Now the project aims to distance itself from Bitcoin with the adoption of a privacy technique called "Mimblewimble". If successfully implemented, Litecoin could gain the attention of mainstream traders and investors alike.

The reason why LTC hasn't soared to new heights is because people are mainly focused on "De-Fi" and NFTs. It's no wonder why cryptocurrencies with smart contract functionalities are in the top spots in market cap. Ultimately, what matters is usability. I wouldn't care much about the price as long as Litecoin remains a useful cryptocurrency for day-to-day payments. Just my opinion Smiley
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
August 28, 2021, 11:38:56 AM
#97
I am afraid that Litecoin may have so trouble to stay relevant in the market without more development, does anyone here knows whether Litecoin developers are planning something important for the mid-long term?
member
Activity: 490
Merit: 14
August 27, 2021, 12:10:04 PM
#97
Letcoin is a very good platform so far, even letcoin already has a very large community, and experienced developers, and many more like letcoin because apart from being fast on the letcoin network, it is also the lowest cost, bro.
sr. member
Activity: 2100
Merit: 309
August 28, 2021, 09:31:16 AM
#96
What your prediction guys when Litecoin price above $300? I see every day not yet can up above 10$ and no stable keep going up how ever when bitcoin dump most easy to down but hard up when bitcoin have higher price. What have I do because buy Litecoin when price still up and now pass about three months keep hold it, better to hold or sell to recovery my loss. Now bitcoin not stable with higher price and waiting when litecoin back to higher price.
sr. member
Activity: 1190
Merit: 305
Pro financial, medical liberty
August 27, 2021, 08:12:56 AM
#95
Yeh what about it, its a copy of bitcoin with some numbers tweeked, thats it.
It is not silver to gold more like 75% diluted gold. It is like drinking pure wine or three quarter watered down drink,
legendary
Activity: 2100
Merit: 1340
August 27, 2021, 08:08:01 AM
#94
I have always considered Litecoin as one of the most undervalued coins in the cryptocurrency market. I agree that the technology is not that advanced and LTC is a first-generation cryptocurrency. But the acceptability is very high and the low transaction fee and relative safety has ensured that this level doesn't go down as a result of competition. The developers have also worked hard, to eliminate any bugs that could be targeted by the hackers. LTC is one of the coins that I have in my portfolio and I have no plans to dump them anytime soon.
In addition to all the listed advantages that the coin has, LTC is still a very good investment tool. Even now, when it is at $ 170. it still looks promising and is able to generate profit for those investors who will buy it now. Not so long ago, on the last bull run, LTC broke through the $ 400 mark, which I consider to be a very good index.
sr. member
Activity: 966
Merit: 306
August 27, 2021, 07:34:36 AM
#93
LTC like TRX is very useful for transactions.  This is because people who use it to transfer from one exchange to another are more likely to use it at a very low speed.
Litecoin is good for transactions if you can not afford transaction fee on Bitcoin network. Litecoin is better than TRX in transactions because the network of Litecoin has more total hashrates than TRX. It means you will have better secured transactions with Litecoin network.

Both networks are good if you're looking for chains with cheap transaction fees. However, if I don't move USDT or TRX directly, I will choose either Bitcoin, Ethereum or Litecoin for my transactions.
copper member
Activity: 560
Merit: 1
August 27, 2021, 07:22:50 AM
#92
Litecoin coin is a good low fee coin like other coins.  LTC like TRX is very useful for transactions.  This is because people who use it to transfer from one exchange to another are more likely to use it at a very low speed.
full member
Activity: 714
Merit: 104
August 27, 2021, 03:44:08 AM
#91
I dont think this coin will surpass bitcoin or eth one day. Yesterday i did a transfer using LTC. Fees were low, that was nice. But wtf, 37min to transfer ??

I agree with you that it is difficult for the coin to exceed the price of BTC because of the initial fundamentals of the coin, let alone shift it to the second position in any way.
sr. member
Activity: 2100
Merit: 309
August 26, 2021, 10:01:27 AM
#90
Very slowly for Litecoin back to higher price and keep increase above $200 very hard happen it, when bitcoin success break $50,000 litecoin only stuck above $180 before going dump today under $170, maybe take one or two month and bitcoin success up above $60,000 to see litecoin back $300 again, I am stuck bought litecoin with $300 and now still hold.
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