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Topic: Will 2020 be the year of Litecoin? - page 3. (Read 586 times)

member
Activity: 854
Merit: 10
March 09, 2020, 09:00:04 AM
#11
The growth of LTC is just too slow for my liking. If LTC would have an ATH when the bull run comes, it would have been obvious from its independent growth. A lot of coins in the market, including those that came on board after LTC have been growing. What could then now be happing to LTC? I believe that if LTC had come in this generation, it might not have survived among others.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
March 09, 2020, 08:56:52 AM
#10
It's a mystery just like with bitcoin. Nobody can actually say if this is the year of bitcoin or Litecoin. Speculating to the possible outcome for this year is all that we can do.
2020 might be even another trial year for us just like what we have now.
hero member
Activity: 2660
Merit: 551
March 09, 2020, 08:50:11 AM
#9
I would say NO for now, the long term prospectus for LTC looks bleak, at least the way I see it. I initially thought that it will make a good run this year after it's block halving.

Unfortunately, the market is still in its worst condition, specially today, damn, it was red all over.
Maybe it bitcoin will be very bullish in the second half of the year, we might see LTC enjoying the effect of it. But I don't see it reaching all-time-high though, just saying.
full member
Activity: 177
Merit: 100
March 09, 2020, 08:42:32 AM
#8
No.
sr. member
Activity: 812
Merit: 251
UniDApp - it's DeFi time!
March 09, 2020, 08:37:51 AM
#7
I don't think so, I have some LTC in my portfolio, I like the coin, but I have to be honest, there´s nothing happening to justify ATH this year
I use LTC for small transactions, or to pay less fee than BTC and I think a lot of people do this too
We already passed the halving of LTC and the expectations of ATH was gone, so this year LTC will grow only if BTC grows too
Litecoin is currently heavily dependent on the value of Bitcoin and today the coin has depreciated very quickly and is currently maintained at $50. As I know, the coin has been rising a few weeks ago but the last few days just a slight fluctuation of Bitcoin can cause everything to crash.

I'm not sure what will happen next, but Litecoin will not be able to raise prices as high as previous years and you may be at risk if you choose to invest in the long term.
full member
Activity: 1540
Merit: 219
March 09, 2020, 07:28:13 AM
#6
Making an assumption as this early, I think, won't be valid. The price of Litecoin at this very moment is not showing signs unlike in Bitcoin wherein it was able to reach half of its ATH before. Maybe it is too early. Litecoin is indeed one of the promising altcoins out there but maybe, it is just the market situation still, which makes it hard for cryptos to recover from the drawbacks and corrections happened on the previous years. This year is more likely to be in favor for Bitcoin due to the anticipated Bitcoin halving that is believed to boost its market price, reaching new all time high. But even if it is more expected to be Bitcoin's year, we still has no assurance of such things unless it actually happen.
legendary
Activity: 2366
Merit: 1408
March 09, 2020, 07:15:20 AM
#5
I don't think so, I have some LTC in my portfolio, I like the coin, but I have to be honest, there´s nothing happening to justify ATH this year
I use LTC for small transactions, or to pay less fee than BTC and I think a lot of people do this too
We already passed the halving of LTC and the expectations of ATH was gone, so this year LTC will grow only if BTC grows too
member
Activity: 784
Merit: 21
March 09, 2020, 07:02:13 AM
#4
I have stopped dreaming of my coins growing 1000% or more, now I'm more interested in few gains, I'm more satisfied this way than hoping for a huge gains that might never happened, LTC is a top altcoin but once you make few gains just sell off
newbie
Activity: 28
Merit: 0
March 09, 2020, 06:40:59 AM
#3
Unfortunately, it won't I believe.
I Mean I highly doubt it because most of ltc holders came in 2018's crypto boo, then it fell down and after that people were just waiting for decent moment to sell it.
And they sold it right after it hit over $100 in June last year.
So now most of ltc's holders are real believers so I'd say the coin will find its sweetspot somewhere between $70 and $100 in a year I think.
And only then if the ltc devs will bring out something outstanding the coin will have a chance for stable growth
hero member
Activity: 2282
Merit: 505
March 09, 2020, 06:37:22 AM
#2
even with the help of litecoin halving last months and it can't even break the old ATH and you might not put a huge expectation for ethereum to break another record again. We are even still focusing with the bitcoin halving and not so many people will try to pay attention to the litecoin. Can we expect a huge gain for this coin even the price of litecoin is still dictated by the bitcoin price?
member
Activity: 346
Merit: 47
March 09, 2020, 06:31:53 AM
#1
Litecoin is a peer-to-peer cryptocurrency, built out of a fork of the Bitcoin blockchain. It’s often referred to as the silver to Bitcoin’s gold, and with a bitcoin bull run almost certainly on the cards, will Litecoin follow suit and reach an all-time high?

This article seems to its will: https://www.tap.global/is-ltc-set-for-a-2020-ath

So, is LTC set for a 2020 ATH?
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