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Topic: Why LTC stuck on same price range? - page 3. (Read 455 times)

jr. member
Activity: 1876
Merit: 5
December 08, 2021, 08:34:57 AM
#28
In my opinion the LTC coin is very interesting and has good potential. At the moment, the coin shows stability and security, as it is also a great way to make payments. Personally, I think that the coin shows its ability to develop very modestly. And soon the coin will be able to grow very sharply and be in demand in the cryptocurrency market. This means that investing in LTC coin is very profitable. Since in the near future the coin will be able to show great opportunities for the development of a successful business.
full member
Activity: 1024
Merit: 100
December 08, 2021, 07:43:22 AM
#27
LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?
because there is nothing new from Litecoin. the market moves based on speculation, and this also applies to litecoin. although this coin is good, but there is no big news or updates, this is what makes litecoin difficult to rise. this is the main reason why the price of litecoin has not undergone significant changes in recent years.
member
Activity: 784
Merit: 10
December 08, 2021, 06:15:27 AM
#26
Although litecoin price has slow progress this time, if we compare it's price from last year's crypto market, it's been high this year compared to last year and i think it's not a lost if some crypto enthusiasts invest with LTC because they haven't lost profit yet, and even it's price is slowly increasing and sometimes decreasing it's always good to invest with LTC even for a long term investment. But nevertheless, they might have no other works or updates about their platforms so that's why the price of LTC is stuck
full member
Activity: 700
Merit: 100
November 23, 2021, 06:34:39 PM
#25
I think that this is due to the fact that there is no information activity on the part of the developers, and the attraction of new funds for interesting integrations and this does not allow the coin to take off, although it really has potential. She was once called the silver of the crypto world.
hero member
Activity: 1316
Merit: 502
October 31, 2021, 12:15:25 PM
#24
why it's stuck on same price range?
I guess it happens due to the current defi or nft hype, a bunch of people has been carried by the hype and started pouring their money into them. These days most people tend to gamble their luck in other altcoin or the exact newly shitcoin whit hopes it could bring them to insane returns. In other words, litecoin is lacking demands from the market which makes it struggle to break the current ATH.

LTC has been passive lately, also, it is true that the hype has switched from NFT and DeFi projects, causing LTC to remain stagnant, also goes for other coins to be honest, I don't know when the hype will come to an end, seems to me that the NFT hype is just about to begin.
It's also hard to complain about litecoin's passivity as bitcoin acts as a pump continuously absorbing water from a small river like litecoin to expand its ocean and instead of being satisfied and returning more water to litecoin, too many new partitions appear and redirect the water source elsewhere, it is the source of the water for NFT, memecoin, it can even be said that every time bitcoin wants to be transported back, such spoilers always wait for the right moment to rob. But sooner or later, the stomachs of the vandals will be full and litecoin will also frantically absorb what was lost and more
hero member
Activity: 2366
Merit: 793
Bitcoin = Financial freedom
October 31, 2021, 11:53:42 AM
#23
When you have expections of your coins to perform same as another coin then it has less chances, no coin is connected directly in terms of price movements so it all comes with the investors approach. Probably more people are going towards hyoed coins for example shiba and Doge which jas no reason to exist still people are ready to invest.
sr. member
Activity: 1428
Merit: 250
October 31, 2021, 08:33:53 AM
#22
“Gold has an $8.5 trillion dollar market cap. Silver is $15bn That is .17%.  $BTC has a $90bn mkt cap. $ltc is $5.7bn which is 6.4% of $BTC. Silver is at least useful for industrial production.  $ltc is a glorified test net for $btc. I don't get this rally. Sell $ltc buy $btc.”
sr. member
Activity: 1344
Merit: 261
October 31, 2021, 07:43:10 AM
#21
why it's stuck on same price range?
I guess it happens due to the current defi or nft hype, a bunch of people has been carried by the hype and started pouring their money into them. These days most people tend to gamble their luck in other altcoin or the exact newly shitcoin whit hopes it could bring them to insane returns. In other words, litecoin is lacking demands from the market which makes it struggle to break the current ATH.

LTC has been passive lately, also, it is true that the hype has switched from NFT and DeFi projects, causing LTC to remain stagnant, also goes for other coins to be honest, I don't know when the hype will come to an end, seems to me that the NFT hype is just about to begin.
sr. member
Activity: 1022
Merit: 308
October 30, 2021, 05:14:26 PM
#20
why it's stuck on same price range?
I guess it happens due to the current defi or nft hype, a bunch of people has been carried by the hype and started pouring their money into them. These days most people tend to gamble their luck in other altcoin or the exact newly shitcoin whit hopes it could bring them to insane returns. In other words, litecoin is lacking demands from the market which makes it struggle to break the current ATH.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
October 30, 2021, 05:05:47 PM
#19
LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?
There’s no big updates and I rarely hear a news with regards to LTC that’s why its playing on the same pattern though I consider this as a sleeping giant because its undervalued. Once they made a huge update and created a good hype, that could be the start for its price to make its new ATH and it can happen in the next alt aeason. 

but do you think they are doing something behind the curtains? i've read before that their developments are in stagnant position. though we dont know what is really happening from their end.
i can't say if it is undervalued because if they have slow to no developments, how can we identify it as undervalued? is it just because it is an old alt, but their technology has been surpassed by many already.
full member
Activity: 2128
Merit: 180
October 30, 2021, 04:55:50 PM
#18
LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?
There’s no big updates and I rarely hear a news with regards to LTC that’s why its playing on the same pattern though I consider this as a sleeping giant because its undervalued. Once they made a huge update and created a good hype, that could be the start for its price to make its new ATH and it can happen in the next alt aeason. 
sr. member
Activity: 1484
Merit: 264
Next Generation Web3 Casino
October 30, 2021, 04:47:25 PM
#17
LTC is a coin that currently looks undervalued compared to others. The potential is so high that LTC could go off at any moment, and for many, this could be very unexpected. We will wait for the right moment.
LTC is really undervalued and I don't see any signs of price increase. In my opinion, in the current market conditions, it should have cost $400 up. But it can't cross $200. Its developers need to be more active and any major development will increase the price.
member
Activity: 1274
Merit: 14
October 30, 2021, 03:17:43 PM
#16
LTC is a coin that currently looks undervalued compared to others. But this does not mean anything at all. The potential is so high that LTC could go off at any moment, and for many, this could be very unexpected. We will wait for the right moment.
sr. member
Activity: 1722
Merit: 269
October 30, 2021, 12:42:02 PM
#15
LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?

LTC is just a good example of a solid and well established altcoin project that is not in the focus of a lot of people at the moment. There are many projects like that out there that were top 20 or even top 10 projects 1 or 2 years ago but in the bullrun of this year they got overtaken by new projects that are in everyones focus at the moment like Solana and polkadot for example. Just take a look at IOTA, it was also a top 10 coin 2 or 3 years ago and now it is slowly drifting out of the top 50.
legendary
Activity: 1736
Merit: 1890
#SWGT CERTIK Audited
October 30, 2021, 12:24:32 PM
#14

Here is my own end of the year prediction

BTC 80K - 100k
ETH 7k - 10k
LTC - 850$ - 1000$

I believe this is so damn possible because of the way things are going in crypto space this days, accumulation is just getting started and it's not hard to believe, I'm not saying the unexpected can't happen e.g bear market but if what's presently happening keeps going on there will be massive demand by year end

I agree with you with the numbers, but I disagree with you on the timing. I am fully convinced that these numbers (BTC 80k - 100k, ETH 7k - 10k, LTC - $850 - $1,000) will happen soon, but not at the end of this year, perhaps the beginning of next year or the beginning of the second quarter of In 2022, I know there is a lot of crazy money being pumped into the crypto market but even so I think it's early by the end of the year maybe we should be patient a little more.
full member
Activity: 1148
Merit: 116
October 30, 2021, 11:32:47 AM
#13
Some optimistic analysts expect LTC to go to $600!!! But I have some doubts about this analysis given that the LTC price is currently below 200$, I expect to see 300-400 $ when the Altcoin season begins.
I am also amazed why LTC did not move from the price frame many years ago despite having all the reasons for strength, perhaps the absence of support and the staff stopped thinking about developing the coin’s future led to this stagnation, personally I think that LTC is one of the beloved old coins that appeared shortly after Bitcoin and has advantages Very important, for example, the speed of transactions and low fees, so its price should be much higher.
Here is my own end of the year prediction

BTC 80K - 100k
ETH 7k - 10k
LTC - 850$ - 1000$

I believe this is so damn possible because of the way things are going in crypto space this days, accumulation is just getting started and it's not hard to believe, I'm not saying the unexpected can't happen e.g bear market but if what's presently happening keeps going on there will be massive demand by year end
legendary
Activity: 1736
Merit: 1890
#SWGT CERTIK Audited
October 30, 2021, 06:45:27 AM
#12
Some optimistic analysts expect LTC to go to $600!!! But I have some doubts about this analysis given that the LTC price is currently below 200$, I expect to see 300-400 $ when the Altcoin season begins.
I am also amazed why LTC did not move from the price frame many years ago despite having all the reasons for strength, perhaps the absence of support and the staff stopped thinking about developing the coin’s future led to this stagnation, personally I think that LTC is one of the beloved old coins that appeared shortly after Bitcoin and has advantages Very important, for example, the speed of transactions and low fees, so its price should be much higher.
full member
Activity: 1820
Merit: 107
October 30, 2021, 06:43:56 AM
#11
LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?

IMO, I think the main reason was there's not enough demand or hype to support the price pump because if we base the trend today, most of the heavily pump cryptocurrencies are only driven by hype due to heavily marketing promotions or something it was introduced by famous personalities like Elon, and so I guess the Litecoin team should initiate and apply new marketing strategies in order to drive the hype and demand on LTC and eventually the price pump will follow.
sr. member
Activity: 2436
Merit: 272
Eloncoin.org - Mars, here we come!
October 30, 2021, 05:58:21 AM
#10
LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?
We can't say that LTC os not doing good because when we compare the prices of 2020 and 2021 there is a good spike in its price however its not moving in the recent days especially after May 2021 when bitcoin reaching new ATH recently, it doesn't mean that LTC is bad. So it all depends on your choice and expectations if you are looking for quick returns then some shitcoins will be perfect associated with high risks too.
hero member
Activity: 2870
Merit: 594
October 30, 2021, 05:38:00 AM
#9
LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?

Still living under the shadow of Bitcoin in my opinion. Plus are there any development from behind?

I check the github repo: https://github.com/litecoin-project/litecoin. There are no update what so ever in the last year or so.

I'm not sure where you get the idea that it is universally accepted, because it is not. Maybe we can used it to deposit and play on our favorite sports casino because it's cheap and quite faster, but that's it. Probably for bagholders, wait for the right time to sell and make some decent profit.
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