will LTC finally have a good run and go over $100!

Abiky

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Quote from: d5000 on November 24, 2024, 01:58:27 PM

Interesting that the thread was bumped recently, but not the day when $100 were finally crossed

New high of this mini-cycle was around $106 on November 22 or 23 (Binance's high was at 106.36). So congratulations to all those who were patiently hodling in the $60ish depths.

Now the little Bitcoin pullback drove also LTC down a little bit, but at $96 it is close enough to attack the $100 mark again in every moment. I think everything depends now on Bitcoin's behavior: will it "sleep" at $95k for some time? Then there are good chances for new local LTC highs, as often people then will try their luck trading alts. Of course if BTC crosses $100k, the probability is also high, but the resistance at this level still seems relatively strong. The most bearish scenario would be a further pullback of BTC below $90k imo, which is still no drama at all because such pullbacks always occurred in bull markets. Possibly then we've to wait to cross the mark sustainably until 2025.

Of course. Without Bitcoin, Litecoin would be nothing. Unless BTC turns extremely-bullish, don't expect LTC to reach a new ATH anytime soon. I'm waiting for the day when Litecoin goes all the way to $500. Or even $1k for that matter. It might live up to its name as "Silver to Bitcoin's Gold".

At the time of this writing, LTC already surpassed $100. The OP was right all along. Now all that's left is for Litecoin to get its own spot ETFs, and nothing should stop it from going to the moon. Hopefully, development for the project continues to keep it up to date with the latest advancements in the crypto/Blockchain space. With innovation, LTC will go places. Just my two sats. Grin

dansus021

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Quote from: Slow death on September 28, 2024, 02:09:38 PM

This happens because new altcoins are constantly appearing and people are selling their old altcoins to buy new altcoins. Just look at the case of Solana, which is newer than Litecoin, but Solana has a higher price than Litecoin and has more attention, even if it is because of the meme coins, which are mostly shitcoins. While Litecoin doesn't have much to offer, I personally don't buy altcoins for the long term. I always prefer to buy Bitcoin and HODL it for many years, because it is more reliable.

Well hate to say this 😭 but i do agree with the slow death thought, i mean litecoin is good the best pow that i know super cheap and fast but today after the etherum come.

Everything is changed layer 2 comes cheap and fast tx is a thing and a common right now.

Some people sold their old altcoin to buy new coin that have good development and lot of community so is changed in my opinion

d5000

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Interesting that the thread was bumped recently, but not the day when $100 were finally crossed

New high of this mini-cycle was around $106 on November 22 or 23 (Binance's high was at 106.36). So congratulations to all those who were patiently hodling in the $60ish depths.

Now the little Bitcoin pullback drove also LTC down a little bit, but at $96 it is close enough to attack the $100 mark again in every moment. I think everything depends now on Bitcoin's behavior: will it "sleep" at $95k for some time? Then there are good chances for new local LTC highs, as often people then will try their luck trading alts. Of course if BTC crosses $100k, the probability is also high, but the resistance at this level still seems relatively strong. The most bearish scenario would be a further pullback of BTC below $90k imo, which is still no drama at all because such pullbacks always occurred in bull markets. Possibly then we've to wait to cross the mark sustainably until 2025.

nickpap

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Quote from: wiivita on September 28, 2024, 06:15:17 AM

i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!

Yes it has a good chance to break 100$. Just wait a bit more.

Abiky

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Quote from: doomloop on October 31, 2024, 02:23:41 PM

What LTC needs right now is a wake up call, because it has been asleep for a while and hasn't done much, I agree that it needs to do something better. Litecoin has so much potential and has been around for so long and yet it doesn't do anything at all. This is getting boring because of what coin is lacking and because of the things litecoin isn't improving, we are seeing worse and worse results as well.

I believe the best way to improve would be adding something to the chain, making it more modern, see all the other projects and how the yare improving and making something similar. Why is ETH second number? Why is SOL increasing so much? I mean they can't do what BNB does because that is tied to exchange, but it can do what ETH and SOL does, or any other. This is why I believe we should be seeing LTC devs to wake up and finally do something. While they do not have devs like newer projects, Charlie and the co, could end up doing something about this.

I prefer an unpopular crypto such as Litecoin than an overhyped project like Solana. Projects driven by hype usually don't last that long. Remember, utility goes above all else. And I'd say, Litecoin is useful. It can be used for cheap and fast payments worldwide. Not to mention, a large number of merchants (both physical and online) accept it as payment method.

I can buy gift cards on Bitrefill with Litecoin, get a virtual VISA card with Litecoin using Moon Pay, trade LTC to almost any crypto coin across a wide number of exchanges, and more. Can you do that with Solana or Shiba Inu? These chains are overhyped, but they often lack merchant acceptance, and are listed on a small number of exchanges. Trading pairs for LTC are almost everywhere. If that's not all, you can also send/receive Litecoin privately using the "Mimblewimble" privacy technique.

Considering that Litecoin is a tried-and-tested Blockchain network, I'd say the project is already a winner in my book. $100 per LTC is feasible if the whole crypto market continues on a bullish trend. Isn't Litecoin "Silver to Bitcoin's Gold"? Cheesy

fikrett

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Quote from: doomloop on October 31, 2024, 02:23:41 PM

Quote from: wiivita on September 28, 2024, 06:15:17 AM

i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!

What LTC needs right now is a wake up call, because it has been asleep for a while and hasn't done much, I agree that it needs to do something better. Litecoin has so much potential and has been around for so long and yet it doesn't do anything at all. This is getting boring because of what coin is lacking and because of the things litecoin isn't improving, we are seeing worse and worse results as well.

I believe the best way to improve would be adding something to the chain, making it more modern, see all the other projects and how the yare improving and making something similar. Why is ETH second number? Why is SOL increasing so much? I mean they can't do what BNB does because that is tied to exchange, but it can do what ETH and SOL does, or any other. This is why I believe we should be seeing LTC devs to wake up and finally do something. While they do not have devs like newer projects, Charlie and the co, could end up doing something about this.

ETH and SOL have vibrant ecosystems that are also surrounded by other projects on top of themselves.
And they are all shilled all the time to people around due to SOL and ETH being one of the biggest alts out there.
If LTC delivers on that matter, people will flock to it, in my opinion.

doomloop

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Quote from: wiivita on September 28, 2024, 06:15:17 AM

i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!

What LTC needs right now is a wake up call, because it has been asleep for a while and hasn't done much, I agree that it needs to do something better. Litecoin has so much potential and has been around for so long and yet it doesn't do anything at all. This is getting boring because of what coin is lacking and because of the things litecoin isn't improving, we are seeing worse and worse results as well.

I believe the best way to improve would be adding something to the chain, making it more modern, see all the other projects and how the yare improving and making something similar. Why is ETH second number? Why is SOL increasing so much? I mean they can't do what BNB does because that is tied to exchange, but it can do what ETH and SOL does, or any other. This is why I believe we should be seeing LTC devs to wake up and finally do something. While they do not have devs like newer projects, Charlie and the co, could end up doing something about this.

sana54210

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Reaching 100 isn't the biggest issue, or it wouldn't solve any problems for it neither. If the whole market goes up, then we are going to end up with nothing that big and would be just checking something normal out, and I would say it would be something nobody really cares neither, should be very normal case.

I believe the best thing to do here would be just making sure we are dealing with ETH and LTC being similar in the sense that the yare leading crypto in years and experience, and yet ETH is second whereas LTC isn't even in top 20. So LTC has to figure out what it did wrong to go down that much, and what it is missing from the market. If they can figure out what needs to be improving then maybe they could build something people could enjoy, in which case this would work out well as well.

I believe in this, and I think it can do very well, we just need some time for this to work out in the end. I believe LTC will grow, but not based on just price, if the price goes up because market goes up, then it would rank similar to what it is right now, I believe it is not the price but the rank that matters, it should go up in ranks to show the world that it is still one of the best out there.

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Quote from: fullhdpixel on October 25, 2024, 05:05:40 AM

Quote from: Abiky on October 22, 2024, 06:01:54 PM

Just wait until Litecoin spot ETFs become a reality for market prices to go all the way to the moon. At least, in the long term. It's likely LTC will reach $1k within the not-so-distant future. It won't be long before institutional investors notice Litecoin's inherent scarcity (only 84m coins). This makes LTC "Silver to Bitcoin's Gold" in every way.

I'm not worried about LTC's market price. As long as it works as intended, there should be nothing to worry about. Usability and reliability is what matters most. LTC is faster and cheaper to use than BTC itself. It's also much more secure and reliable than other altcoins. There's no denying that. With how bullish the crypto market is right now, $100 per LTC seems feasible. Next target would be $500 all the way to $1k. I'd suggest you buy, "hodl", and forget about the rest. Cheesy

I am not sure if Litecoin ETF will become a thing that easily, looks like that would not be next up on the list. I mean we are definitely not looking at this as something which would not be looking like LTC is impossible, of course an ETF could happen with this as well, but that doesn't mean that we are going to see this, there are situations where it may not happen as well.

What we should be looking at is how LTC could rank up higher compared to other coins because it's barely around top 20 right now and deserves to be a lot higher. If it could reach to top 10 which I believe it deserves to reach, then ETF becomes an easier possibility, right now having an ETF for something that is not even in the top 20 looks to be a tough situation.

So the LTC needs to pump a bit, keep the impulse to get the ETFs, and then go even further Grin

Would be great, but much time would need to pass.

fullhdpixel

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Quote from: Abiky on October 22, 2024, 06:01:54 PM

Just wait until Litecoin spot ETFs become a reality for market prices to go all the way to the moon. At least, in the long term. It's likely LTC will reach $1k within the not-so-distant future. It won't be long before institutional investors notice Litecoin's inherent scarcity (only 84m coins). This makes LTC "Silver to Bitcoin's Gold" in every way.

I'm not worried about LTC's market price. As long as it works as intended, there should be nothing to worry about. Usability and reliability is what matters most. LTC is faster and cheaper to use than BTC itself. It's also much more secure and reliable than other altcoins. There's no denying that. With how bullish the crypto market is right now, $100 per LTC seems feasible. Next target would be $500 all the way to $1k. I'd suggest you buy, "hodl", and forget about the rest. Cheesy

I am not sure if Litecoin ETF will become a thing that easily, looks like that would not be next up on the list. I mean we are definitely not looking at this as something which would not be looking like LTC is impossible, of course an ETF could happen with this as well, but that doesn't mean that we are going to see this, there are situations where it may not happen as well.

What we should be looking at is how LTC could rank up higher compared to other coins because it's barely around top 20 right now and deserves to be a lot higher. If it could reach to top 10 which I believe it deserves to reach, then ETF becomes an easier possibility, right now having an ETF for something that is not even in the top 20 looks to be a tough situation.

betswift

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Quote from: Silberman on October 23, 2024, 05:36:14 PM

Quote from: Abiky on October 22, 2024, 06:01:54 PM

Quote from: FortuneFollower on October 22, 2024, 12:31:09 AM

As it was said, all the prerequisites are here to see it boom, so only time will tell.
The coin is good, the tech behind it is too, thus, good marketing or an entry-news to get it hyped for the community - and everything can happen Grin

Just wait until Litecoin spot ETFs become a reality for market prices to go all the way to the moon. At least, in the long term. It's likely LTC will reach $1k within the not-so-distant future. It won't be long before institutional investors notice Litecoin's inherent scarcity (only 84m coins). This makes LTC "Silver to Bitcoin's Gold" in every way.

I'm not worried about LTC's market price. As long as it works as intended, there should be nothing to worry about. Usability and reliability is what matters most. LTC is faster and cheaper to use than BTC itself. It's also much more secure and reliable than other altcoins. There's no denying that. With how bullish the crypto market is right now, $100 per LTC seems feasible. Next target would be $500 all the way to $1k. I'd suggest you buy, "hodl", and forget about the rest. Cheesy

Litecoin is without a doubt one of the coins to watch for, its price is relatively cheap, its potential is high, and as you mention it is one of those coins that may get ETFs approved on the future, which could propel its price to incredibly heights, so it is not a bad choice to add to our portfolio as it is quite likely it could give us better returns during this bull run than what bitcoin could give us, because of this I think it makes sense to keep an eye on litecoin for the time being.

Sounds like a plan.
LTC to the Moon, even though we will need to wait for quite a while, in my opinion, everybody can try to catch the wave by keeping some faith in it Grin

Silberman

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Quote from: Abiky on October 22, 2024, 06:01:54 PM

Quote from: FortuneFollower on October 22, 2024, 12:31:09 AM

As it was said, all the prerequisites are here to see it boom, so only time will tell.
The coin is good, the tech behind it is too, thus, good marketing or an entry-news to get it hyped for the community - and everything can happen Grin

Just wait until Litecoin spot ETFs become a reality for market prices to go all the way to the moon. At least, in the long term. It's likely LTC will reach $1k within the not-so-distant future. It won't be long before institutional investors notice Litecoin's inherent scarcity (only 84m coins). This makes LTC "Silver to Bitcoin's Gold" in every way.

I'm not worried about LTC's market price. As long as it works as intended, there should be nothing to worry about. Usability and reliability is what matters most. LTC is faster and cheaper to use than BTC itself. It's also much more secure and reliable than other altcoins. There's no denying that. With how bullish the crypto market is right now, $100 per LTC seems feasible. Next target would be $500 all the way to $1k. I'd suggest you buy, "hodl", and forget about the rest. Cheesy

Litecoin is without a doubt one of the coins to watch for, its price is relatively cheap, its potential is high, and as you mention it is one of those coins that may get ETFs approved on the future, which could propel its price to incredibly heights, so it is not a bad choice to add to our portfolio as it is quite likely it could give us better returns during this bull run than what bitcoin could give us, because of this I think it makes sense to keep an eye on litecoin for the time being.

FortuneFollower

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Quote from: Abiky on October 22, 2024, 06:01:54 PM

Quote from: FortuneFollower on October 22, 2024, 12:31:09 AM

As it was said, all the prerequisites are here to see it boom, so only time will tell.
The coin is good, the tech behind it is too, thus, good marketing or an entry-news to get it hyped for the community - and everything can happen Grin

Just wait until Litecoin spot ETFs become a reality for market prices to go all the way to the moon. At least, in the long term. It's likely LTC will reach $1k within the not-so-distant future. It won't be long before institutional investors notice Litecoin's inherent scarcity (only 84m coins). This makes LTC "Silver to Bitcoin's Gold" in every way.

I'm not worried about LTC's market price. As long as it works as intended, there should be nothing to worry about. Usability and reliability is what matters most. LTC is faster and cheaper to use than BTC itself. It's also much more secure and reliable than other altcoins. There's no denying that. With how bullish the crypto market is right now, $100 per LTC seems feasible. Next target would be $500 all the way to $1k. I'd suggest you buy, "hodl", and forget about the rest. Cheesy

Yeah, "common man's BTC" is there for sure, and the potential for it too.
Thanks for a great convo and arguments towards it, even though it's only a possibility, I would want to believe in the bright future for LTC. It deserves it.

Abiky

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Quote from: FortuneFollower on October 22, 2024, 12:31:09 AM

As it was said, all the prerequisites are here to see it boom, so only time will tell.
The coin is good, the tech behind it is too, thus, good marketing or an entry-news to get it hyped for the community - and everything can happen Grin

Just wait until Litecoin spot ETFs become a reality for market prices to go all the way to the moon. At least, in the long term. It's likely LTC will reach $1k within the not-so-distant future. It won't be long before institutional investors notice Litecoin's inherent scarcity (only 84m coins). This makes LTC "Silver to Bitcoin's Gold" in every way.

I'm not worried about LTC's market price. As long as it works as intended, there should be nothing to worry about. Usability and reliability is what matters most. LTC is faster and cheaper to use than BTC itself. It's also much more secure and reliable than other altcoins. There's no denying that. With how bullish the crypto market is right now, $100 per LTC seems feasible. Next target would be $500 all the way to $1k. I'd suggest you buy, "hodl", and forget about the rest. Cheesy

FortuneFollower

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Quote from: btc78 on October 21, 2024, 08:50:50 PM

Quote from: wiivita on September 28, 2024, 06:15:17 AM

i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!

Not sure if this will be coming in the coming days or even years because this is hard to understand who will trust Litecoin in this status .

Also LTC days are already gone long time ago so there are nothing to expect in literal way lol.

As it was said, all the prerequisites are here to see it boom, so only time will tell.
The coin is good, the tech behind it is too, thus, good marketing or an entry-news to get it hyped for the community - and everything can happen Grin

bitgolden

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Reaching a high level for any coin is a tough deal when the market doesn't move up. Which means, if everything else goes up like that, like if btc moves up fifty percent and so does eth and bnb and ada and sol and ton etc etc etc, then yeah LTC will move up like that too and reach 100 dollars. However, if the market is not going up that much then we are not going to see LTC do crazy good neither, it will not be simple and we are not going to see these type of results.

So we need to be careful about this, and not have anything crazy going on neither, the results will not be same and the problems will continue to exists. This is why LTC can't be going up alone and we are not going to benefit just from LTC itself, the whole market should move together and we can benefit from everything then.

btc78

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Quote from: wiivita on September 28, 2024, 06:15:17 AM

i have been holding LTC for a long time and it went uphill and then crashed again! I bought at $39, and then later at even $100 when i saw a huge jump and crash .. back and fourth but after 2022, there has been no significant changes in prices, even when i can literally spend it online to buy almost anything! Since ltc have a use case and widely used due to its lowest fee and quicker transaction time, is there any chance it breaks $100 barrier once and for all and finally able to go up to a suitable price point? or it will stay afloat at this $60 ish price range forever!

Not sure if this will be coming in the coming days or even years because this is hard to understand who will trust Litecoin in this status .

Also LTC days are already gone long time ago so there are nothing to expect in literal way lol.

Abiky

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Quote from: asriloni on October 21, 2024, 03:19:53 AM

It's caused by investors' perspectives starting to change. They're realizing that if smart money is always moving, it's going to the new, hyped cycle. They're going to hyped projects to get the tokens, then take huge profits on a short investment.

They're not even interesting anymore in the old token. They don't want to get their money trapped in an old token with an outdated use case, like LTC. I see no reason for LTC to shine in the long term. It's an outdated token now. It's not attractive enough to attract the smart money to come.

That's why an old token is always stuck at the same price. The hyped tokens pumped hard and hit new all-time highs.

Of course. It's all about making money. And LTC doesn't bring that "excitement" as much as other coins. No NFTs nor "memes" of any kind, removes the possibility of speculating on LTC's market price. It really doesn't matter if investors choose other coins instead of LTC. As long as Litecoin remains useful, there should be nothing to worry about.

I'd say LTC is one of the most decentralized and secure blockchains in the world. It's as close to Bitcoin as possible. At current market prices, LTC's fees are dirt-cheap. You can send money with it around the world for pennies (literally). If prices go up, it will be much more expensive to use LTC for daily payments. Developers are still working on the project, so I'm hopeful it will stand the test of time.

I've heard rumors that applications for Litecoin spot ETFs will be submitted sometime in the future. Very bullish for the cryptocurrency if approved by government agencies. Crypto land often behaves in many strange and bizarre ways, so expect the unexpected.

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Quote from: FortuneFollower on October 21, 2024, 01:01:29 AM

Quote from: X-ray on October 20, 2024, 08:56:50 PM

Quote from: Wiwo on October 19, 2024, 12:50:25 PM

Investors are beginning to lose appetite on old assets who have lost it potential in the market or altcoins that have already passed their glory days and at that buying them for future sake may not give you the same potential as like new coins in the market and that is why we can't predict or speculate their future for now regardless of how much bitcoin is worth in the future.

Having in mind that litcoin may not have that potential to reach it previous all time high even if bitcoin reach $100,000 or even above that price, so for sure we have more coins with great potentials that are much greater than that of litcoin.

although that's true, we can't just shrug off the fact that litecoin is among the most widely adopted coin used for payment, I think this use case is the only use case that helps greatly litecoin in retaining its value, but nonetheless the fact that it lacks innovation will also making it lost its market share as the time goes.

maybe it's time for Litecoin to have its L2 that enables smart contract capability? but I agree with you, investor losing appetite over old coin is real, so many old coin has been consistently losing their market cap over the course of the year, mainly because the nature of crypto market, always hyping up the new coin and abandoning the old one because the old ones deemed to yield less profit than the newer ones for investment.

Investors do be going into the projects sometimes for the hype only, even if their use cases sound good, they may be the same candy in a different wrapping.
However, I do believe that LTC will shine in the long term.

It's caused by investors' perspectives starting to change. They're realizing that if smart money is always moving, it's going to the new, hyped cycle. They're going to hyped projects to get the tokens, then take huge profits on a short investment.

They're not even interesting anymore in the old token. They don't want to get their money trapped in an old token with an outdated use case, like LTC. I see no reason for LTC to shine in the long term. It's an outdated token now. It's not attractive enough to attract the smart money to come.

That's why an old token is always stuck at the same price. The hyped tokens pumped hard and hit new all-time highs.

Abiky

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Quote from: sarmrakib on October 18, 2024, 03:15:09 AM

The ATH was 400$ avobe. So we expect a lot from LTC. We all know that LTC is a great potential project. Its an old coin of the market. We have seen it went along btc and eth for many days. Though ltc has downfall as the whole market fall had fallen badly. The price is around 70$ now at the moment and also it has good volume with marketcap. So it can be surely said that it has much and more potentially to go up and also it has great future. So we can get a lot hope for ltc. I am holding my fund and also trying to accumulate. Let's see how it react with the market.

$70 per coin is a bargain, tbh. Not even close to LTC's ATH. But if the market continues on a bullish trend, it's likely LTC will reach a new ATH soon. All eyes are on Bitcoin getting past $70k for the altcoin season to begin. No matter how high LTC will go, it'll always be faster and cheaper to use than BTC. A crypto of choice for daily payments among many people. It may well live up to its name of being "Silver to Bitcoin's Gold".

I have to say the developer team needs to ramp up marketing efforts if they want people to notice all of Litecoin's benefits. For instance, LTC can be used for privacy-oriented transactions thanks to the Mimblewimble protocol upgrade. Only available on the Litecoin Core wallet software, though. I'm hoping mobile wallets get the feature for mainstream use of such privacy technique. And don't get me started on Litecoin's implementation of the Lightning Network. Who knows what surprises we'll find in the future?

Topic: will LTC finally have a good run and go over $100! (Read 945 times)