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Topic: What about Litecoin? - page 7. (Read 1116 times)

sr. member
Activity: 1218
Merit: 251
June 01, 2021, 01:53:05 PM
#30
I think Litecoin is a very old platform that is still around, Litecoin has a very good transaction speed and can be used as an alternative to make transactions other than using bitcoin, so I think Litecoin is still very useful until now.

Litecoin is no longer in doubt, because so far its reputation has remained steadfast from its inception to the present day, even though Litecoin is one of the coins that has not been affected by Bitcoin's major correction. maybe not very visible, because in fact there are a few fundamental differences. old coins that survive seem to have new powers. In the future I think Litecoin will launch a subsidiary.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
June 01, 2021, 12:09:38 PM
#29
It’s still in test mode. There’s no fix date for the release. If I'm correct, I have seen it will be released on March 2022. Anyway, you can check out the update here- https://litecointalk.io/t/mweb-progress-update-thread/26678/1
And if you are active in telegram, you can join this channel for more update- https://t.me/MWEB_Testnet

It seems to me that Litecoin's development progress is quite slow. A lot can happen in the crypto/Blockchain space within a year from now. The much-awaited privacy feature could keep things going for Litecoin once it's released by 2022. It would be worth waiting for its implementation as long as developers make it as perfect as possible. Testing a new feature before release is key to ensuring its stability and reliability in the long run. Where Litecoin's price will move to after the upgrade, is the real question. I'm hoping its goes higher in price once Mimblewimble is released. But without a proper marketing/promotion strategy, it might get unnoticed by mainstream investors and traders alike. At least, Litecoin has been up and running without issues since its inception. As long as there's a community behind it, nothing else matters.

I'll be following the provided Telegram channel for more updates. Thanks! Grin



It's because there's no one to shill Litecoin, that's why the price is tanking.

So it's a so-so performance, no update on the devs, while other altcoins are busy updating and releasing new version. So obviously, investors are not sold on Litecoin right now, they would rather put their money on something that will make it grow, like ADA, Doge and others. So it just followed the altcoin bull run and can't maintain it price.

Exactly. That's what I've thought in the first place. No marketing/promotion for Litecoin, means no demand on the market. We need someone like Elon Musk to promote Litecoin so it could soar all the way to the moon. Otherwise, prices will stale as people focus on other big players on the market. What matters is the usefulness of the blockchain in question.

So far, Litecoin has done its job well as being an alternative cryptocurrency to Bitcoin focusing on high-speed transfers at a fraction of the cost. It's been relatively stable since it's inception, thanks to its decentralized and censorship-resistant design. Litecoin might be able to last a lifetime if the community continues to support it. Price per coin doesn't matter as long as the coin is actively traded on the market. We'll see how far Litecoin will go as the competition becomes fierce in the crypto/Blockchain space. Just my thoughts Grin
member
Activity: 2044
Merit: 16
May 29, 2021, 09:16:29 AM
#28
Litecoin doing good this year during the bullish months we had and saw some youtube videos that litecoin will be big this year if bitcoin can recover the massive dip we have right now. I like blockchain of litecoin because of its efficiency especially with less fees in every transactions that's why bought some few in this dip market.
full member
Activity: 1946
Merit: 112
May 29, 2021, 09:01:09 AM
#27
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

This year I also decided to work more with LTC and decided to hold onto this coin in the hope of good growth. However, in the first phase of growth in 2021, the LTC price was only able to reach its previous high. To be honest, I expected more, but unfortunately the miracle did not happen. What's going on? It's hard to say, but I hope that in the second phase of growth in the crypto market, which should be at the end of 2021, there is hope that LTC will still show good growth. But on the other hand, there is not much information about LTC itself and its development. So I still left a few LTC coins in the hope that its price will still show good growth.
jr. member
Activity: 50
Merit: 1
May 29, 2021, 08:39:57 AM
#26
Personally LTC has helped me a lot and it deserve thesame attention given to other coins, it has very low cost of gas fee and the price is quite stable and it’s prefer to send funds compared to order coins
newbie
Activity: 28
Merit: 2
May 29, 2021, 08:38:39 AM
#25
Litecoin is really fast and has such low fees. It is definitely one of the top coins out there. Everybody needs some Litecoin in their portfolio.
member
Activity: 283
Merit: 10
May 29, 2021, 07:04:29 AM
#24
light coin has a bright future if I see litecoin history this very good before one year litecoin price is 40$ Now 124$ mean lite. Coin have bright future Over the next 5 year it would be impressive for the value of 1 LTC to hit 5000$ but the does not mean it ,s impossible ....
full member
Activity: 574
Merit: 102
https://adonx.one
May 29, 2021, 06:07:02 AM
#23
The trend of crypto market currently on DEFI, NFT, Layer2 and smart contract platform, so that more traders and investor prefer to invest on these coin. LTC can get attention for investors if it has a better product and follows the market trends, the team developer of LTC needs to make an attractive product. Many of the old altcoins the ranking position in CMC felldown significantly, which was in the top 10, now is below that, such as EOS, MONERO and DASH including LTC. This is because there is no product that attracts investors.
full member
Activity: 1110
Merit: 104
May 29, 2021, 03:16:38 AM
#22
I think Litecoin is a very old platform that is still around, Litecoin has a very good transaction speed and can be used as an alternative to make transactions other than using bitcoin, so I think Litecoin is still very useful until now.
Besides that, somehow for me Litecoin is one of the coins that can be relied on and I really hope it can develop even further,
and I do not see this can happen in the near future because of course it needs preparation too,
so better keep track of the progress and it will be interesting
hero member
Activity: 2870
Merit: 574
Vave.com - Crypto Casino
May 29, 2021, 02:55:44 AM
#21
Litecoin is another hidden gem in crypto that has not yet increased like the other coins.
Litecoin has potentially increased, but it needs the right time to start the rally and I think it will happen in the future.
I heard that the project still continues, but they do not make many updates and I think they are prepared to surprise us, so we need to be patient to wait for a while.
Litecoin still has a bright future as I believe many whales are behind on that coin and still support it. It is only a matter of time to see Litecoin will be back to $300 or more.
sr. member
Activity: 616
Merit: 252
May 29, 2021, 02:55:18 AM
#20
I think Litecoin is a very old platform that is still around, Litecoin has a very good transaction speed and can be used as an alternative to make transactions other than using bitcoin, so I think Litecoin is still very useful until now.
jr. member
Activity: 180
Merit: 5
May 29, 2021, 01:08:35 AM
#19
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.
jr. member
Activity: 276
Merit: 1
May 28, 2021, 11:42:15 PM
#18
Litecoin has witnessed some increase, but that could be tired to the general increase in most coin during the bull run. Litecoin is still a good project to hold for long term. We saw as dogecoin rose significantly in value, that could be the same for litecoin in the near future.
jr. member
Activity: 236
Merit: 1
May 28, 2021, 11:33:31 PM
#17
Looks like it just dont have enough media attention. However, chart is looking pretty good in the big time frame
sr. member
Activity: 966
Merit: 306
May 28, 2021, 11:32:10 PM
#16
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.
The announcement was 2 years ago and that partnership has yet gotten real product. I wish that Litecoin team will finish that upgrade soon in order to take advantage of the bull run of Bitcoin.

Great opportunity like this will happen 4 years a time and should not be missed. Litecoin price is very enjoyable to accumulate even no Mimblewimble privacy technique. This technique and future upgrade with it give more reasons to accumulate Litecoin.
sr. member
Activity: 1022
Merit: 252
May 28, 2021, 10:44:32 PM
#15
My thoughts on this coin is slowly but stable. There are no big news from this coin but it's constantly listing for a payment for many places. So i think this coin is really strong and persistent, good for long term investment for like 5 years or more
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
May 28, 2021, 08:49:54 PM
#14
I own a little bit of litecoin because I was trying to save on fees a few weeks ago. The price has gone down more than BTC I believe. It seems that people have forgotten about it because we hear very little about it in the media. I'm not sure they have very much development going on. A few years ago they were the first to implement segwit, but this time around it seems like they will be late with adding Taproot support.
full member
Activity: 274
Merit: 101
May 28, 2021, 08:46:21 PM
#13
It really makes me wonder why the hell coins like Doge and Shiba are trending when they were a joke coin. While serious coin like Litecoin is actually cheap and fast for transactions, just perfect to replace bitcoin on small transactions like them but since normies 'muh meme' and only care about stupid coins like Doge and Shiba. Just from the look of it, you can see the market is going haywire when good coins get less attention than shitcoin.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
May 28, 2021, 08:20:02 PM
#12
Litecoin has no an interesting development progress. that being said that if people didn't even feel interested to buy litecoin. You can see that there are bunch of new promising projects that developed better tech than litecoin.
I can pick matic as an example and this coin is going so crazy after it already launched its protocol with so many utility usage. It can also be used to bridge with some chains like ethereum, BSC and many more.
The utility usecase must become the main reason why litecoin is not so attractive.
full member
Activity: 1848
Merit: 158
May 28, 2021, 06:11:49 PM
#11
Well my biggest bag is litecoin currently and i think it must go up in the coming months.I mostly use this coins when doing business or anything else,its fast and fees are very low so for me its currently the ideal coin and i think its currently really undervalued,not much promos going around it or anything else,but it will jump

But the LTC devs are not really that active in posting their updates. Or maybe they are just waiting the right time to shine in the market. It is one of the old alts that I can say, pretty much established in the market. And I do agree with you about its economical fees and the fast duration of transfer. I hope, a lot more will utilize its features, even merchants or e-commerce companies. A very good alternative to bitcoin in the payment aspect.
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