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Topic: What is future of litecoin? - page 3. (Read 5842 times)

legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
August 12, 2014, 11:17:46 AM
#30
i think it's dying slowly, you can't recover anymore, asic are too efficient, it is better to mine and dump then buying it
sr. member
Activity: 294
Merit: 250
August 12, 2014, 09:47:26 AM
#29
Hello All,

What is future of litecoin? Does its worth investing in it?
Currently is at $10, will it grow like btc and reach upto 400-500 USD after few years?


No. The future does not look very good. The one advantage it has over BTC is the scrypt algorithm. So if there is a flaw discovered in sha256 and Bitcoin is doomed, then Litecoins value might rise significantly. But this might be only short lived as the trust in crypto currencies will be mostly lost at that point.
sr. member
Activity: 252
Merit: 251
Knowledge its everything
August 12, 2014, 07:50:45 AM
#28
I think the future it's pretty bad
Expect, the LTC difficult extremely raise & no new ASIC for LTC  Grin

i bet the price will stable again (not went up)  Grin

Litecoin has no usage and no unique feature.



With ASICs coming to the market for scrypt algs, LTC will really be nothing more then BTC.

Yeah, you're right. Since ASIC coming the price drop extremely  Sad

hero member
Activity: 1014
Merit: 1055
August 12, 2014, 04:32:18 AM
#27
I asked myself the same question many times, and looking at the market data it just makes no sence..
Bitcoin goes up, btc/ltc pair goes down, bitcoin goes down , btc/ltc stays the same , and ltc/usd drops again.

there is NO development in litecoin, what so ever, thats why noone wants to buy it.
sad, but true

Litecoin dont need innovations. Altcoins making them. If necessary they can be copy cat implemented very fast. Dont worry.

I believe there is no future for litecoin or any other coin, beside I feel also no need for all these curriences.

The blockchain of litecoin is very valueable. It has a very strong scrypt difficulty, growing, and alot of coins in circulation, with $100 Mill value. Altcoins bringing innovation with them, so there are very necessary.

Litecoin will still have a high inflation rate for another 1.5 - 2 years, after that it may experience an April 2013 like bubble due to halving.

it was the experience made, that pow coins are losing their value due to halving (p.e. dogecoin), because miner leaving the boat. Less people using it, higher pressure on the price.

Litecoin will still have a high inflation rate for another 1.5 - 2 years, after that it may experience an April 2013 like bubble due to halving.

That inflation rate is a bigger problem than Bitcoin's, because many miners of Litecoins instantly sell for Bitcoins or other alts.
I doubt there will be enough buyer to absorb that supply at current rates in the next two years.

Alot of miners are mining btc and transfering instantly into altcoins. So that is more or less (a very modern popular word every noob now using coming...-> ;-) an equilibrium. I did not find any statistics for that.

For me this thread is just filled with alot of BS and scumm IMO more as the rest of bitcointalk.org. Are there ANY thinking people at bitcointalk.org with skills of analysis and able to construct logic theories. It seems every one is a dumb ass playing GTA and posting during loading sequencies.
sr. member
Activity: 353
Merit: 250
June 14, 2014, 06:10:21 PM
#26
Apparently situation is not bad enough, or someone will take over to lead the dev team, or fork it to add more innovative features. It's easier said than done, it requires vision, skill and firm resolution.

Ltc-x11 didn't make it, but there will be 2nd, 3rd, 4th try. I believe.

sr. member
Activity: 448
Merit: 250
It's Money 2.0| It’s gold for nerds | It's Bitcoin
June 14, 2014, 05:21:00 PM
#25
Litecoin has no usage and no unique feature.



With ASICs coming to the market for scrypt algs, LTC will really be nothing more then BTC.
legendary
Activity: 1582
Merit: 1196
Reputation first.
June 14, 2014, 02:12:30 PM
#24
Litecoin has no usage and no unique feature.



Depends. It depends that Litecoin staff will assume a good marketing team. If it happens, there is a good probability that Litecoin will rise Smiley

Is there any indication of this? Is there any indication that the people involved in Litecoin are doing anything at all?

It looks like their just content to sit on their hands and do nothing while the rest of the world passes them by.

I thought litecoin was alright back in 2011. I mean, hey, why not? Silver to bitcoin's gold. Alright. It's nice to have a back up with a different hashing algorithm. But now? 

There isn't nothing. I hope that Charles Lee will make something, if he'll not do nothing, Litecoin will drop to 1$.

Litecoin has no usage and no unique feature.



Depends. It depends that Litecoin staff will assume a good marketing team. If it happens, there is a good probability that Litecoin will rise Smiley

Is there any indication of this? Is there any indication that the people involved in Litecoin are doing anything at all?

It looks like their just content to sit on their hands and do nothing while the rest of the world passes them by.

I thought litecoin was alright back in 2011. I mean, hey, why not? Silver to bitcoin's gold. Alright. It's nice to have a back up with a different hashing algorithm. But now? 


Time has proven litecoin developers are sitting on the ass and do nothing while the rest of the world passes them by.



Exactly.
full member
Activity: 152
Merit: 100
June 14, 2014, 01:26:37 PM
#23
Litecoin has no usage and no unique feature.



Depends. It depends that Litecoin staff will assume a good marketing team. If it happens, there is a good probability that Litecoin will rise Smiley

Is there any indication of this? Is there any indication that the people involved in Litecoin are doing anything at all?

It looks like their just content to sit on their hands and do nothing while the rest of the world passes them by.

I thought litecoin was alright back in 2011. I mean, hey, why not? Silver to bitcoin's gold. Alright. It's nice to have a back up with a different hashing algorithm. But now? 


Time has proven litecoin developers are sitting on the ass and do nothing while the rest of the world passes them by.
legendary
Activity: 826
Merit: 1002
amarha
June 14, 2014, 12:48:00 PM
#22
Litecoin has no usage and no unique feature.



Depends. It depends that Litecoin staff will assume a good marketing team. If it happens, there is a good probability that Litecoin will rise Smiley

Is there any indication of this? Is there any indication that the people involved in Litecoin are doing anything at all?

It looks like their just content to sit on their hands and do nothing while the rest of the world passes them by.

I thought litecoin was alright back in 2011. I mean, hey, why not? Silver to bitcoin's gold. Alright. It's nice to have a back up with a different hashing algorithm. But now? 
sr. member
Activity: 252
Merit: 250
June 14, 2014, 12:47:19 PM
#21
I believe there is no future for litecoin or any other coin, beside I feel also no need for all these curriences.

Yes, Bitcoin will remain the only money in circulation. Each other money also in little part copy bitcoin.

To be honest, only advantage I can find is, mining then trading from BTC.

This is it ONLY.
sr. member
Activity: 476
Merit: 250
June 14, 2014, 12:29:06 PM
#20
Not a bright one, some other coin with innovation will take the 2nd place.
legendary
Activity: 1582
Merit: 1196
Reputation first.
June 14, 2014, 12:28:41 PM
#19
Litecoin has no usage and no unique feature.



Depends. It depends that Litecoin staff will assume a good marketing team. If it happens, there is a good probability that Litecoin will rise Smiley
full member
Activity: 153
Merit: 100
June 14, 2014, 12:26:32 PM
#18
Litecoin has no usage and no unique feature.

sr. member
Activity: 462
Merit: 253
June 14, 2014, 12:24:29 PM
#17
Litecoin will still have a high inflation rate for another 1.5 - 2 years, after that it may experience an April 2013 like bubble due to halving.

That inflation rate is a bigger problem than Bitcoin's, because many miners of Litecoins instantly sell for Bitcoins or other alts.
I doubt there will be enough buyer to absorb that supply at current rates in the next two years.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
June 14, 2014, 12:23:13 PM
#16
I asked myself the same question many times, and looking at the market data it just makes no sence..
Bitcoin goes up, btc/ltc pair goes down, bitcoin goes down , btc/ltc stays the same , and ltc/usd drops again.

there is NO development in litecoin, what so ever, thats why noone wants to buy it.
sad, but true
legendary
Activity: 1610
Merit: 1000
Well hello there!
June 14, 2014, 12:16:49 PM
#15
Hello All,

What is future of litecoin? Does its worth investing in it?
Currently is at $10, will it grow like btc and reach upto 400-500 USD after few years?

Hard to say.  LTC price inexorably tied to price of bitcoin ATM so entirely depends on just how badly Fed SR coin selloff and 51% news affects the price.

Personally I'm still holding but am expecting to lose quite a bit of sleep over the next couple of months doing so.  Could seriously end up biting me in the arse though :/
legendary
Activity: 1582
Merit: 1196
Reputation first.
June 14, 2014, 10:46:33 AM
#14
I believe there is no future for litecoin or any other coin, beside I feel also no need for all these curriences.

Yes, Bitcoin will remain the only money in circulation. Each other money also in little part copy bitcoin.
sr. member
Activity: 252
Merit: 250
June 14, 2014, 10:44:45 AM
#13
I believe there is no future for litecoin or any other coin, beside I feel also no need for all these curriences.
legendary
Activity: 826
Merit: 1002
amarha
June 14, 2014, 10:16:37 AM
#12
LTC is not gonna make it. Their devs and community is asleep, nothing much going for it. it is kinda shame.

Isn't it a little crazy that a community behind a coin with a 300 million dollar market cap is content to just let it fade away and become a footnote in the history of cryptocurrency?

Has the Litecoin dev team done much over the years anyway? Does anyone have any links to show a timeline of upgrades or changes that they've made?
sr. member
Activity: 280
Merit: 250
🌟 æternity🌟 blockchain🌟
June 14, 2014, 10:07:23 AM
#11
LTC is not gonna make it. Their devs and community is asleep, nothing much going for it. it is kinda shame.
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