Bitcoin Forum

Correct me if I am wrong, but I haven't seen any promising development going on for Litecoin. Does it mean that it will die soon? I don't want to FUD, but I just want to make sure if LTC could be a good investment for long term, since I have been doubting myself of it.

So, will Litecoin have a future?   ???

Devlopment is overated. LTC and doge work well. If btc was attacked I think many would jump ship to usd ltc or doge. Maybe eth, but I would be concerned that could nose dive at any moment.

Litecoin does not need development. It works as it should and is a mature coin that has been around for around 5 years. There is no need for a coin to be constantly in development if it can do what it is designed to do well. All litecoin needs is small updates here and there, apart from there if litecoin is destined for a better future it will grow naturally in the absense of hype.

I do believe that latter this year we will see a resurrection of old coins like btc,ltc,ppc and doge. It worries me that so many coins in the top 10 are scams,ipos or business coins. If there is one thing that old coins did well it is simplicity. I can start using bitcoin and litecoin to buy stuff pretty easily but i cant even figure out where to get a etherum wallet or how the damn thing works as there is little to no public documentation. I prefer simplicity over features and others who do so too will move into ltc/btc/ppc.

Only invest what you can afford to lose.

Has a future because:

• Capable of four times as many transactions as Bitcoin in a ten minute period. Frankly if payment processors had adopted Litecoin in the past year current Bitcoin block discussions would be irrelevant (and likely the price of both coins higher). Anyone who has watched these discussions understands the immediate advantage of a network with larger transactional capability.  
• Faster confirmation times. The only people who don't think this is important have never spent a single coin or they have patience that the average person does not possess.
• The faster block time of litecoin reduces the risk of double spending attacks.
• Anti-spam.
• Fast well established network. Current Hashrate is 1,643 GH/s. Since scrypt is memory intensive it is known to be approximately 1000 times slower hardware wise in comparison to SHA256. Fair comparison to the Bitcoin network requires multiplying that hashrate by 1000 (1,643 TH/s). The fact is for most of Litecoins history the hashrate has been relatively high and secure. Those comparing it to the Bitcoin network without considering this 1k factor are either being disingenuous or just ignorant of the facts.
• Continuous development look here at number of releases in past year: https://github.com/litecoin-project/litecoin/releases
• Upcoming new features currently being developed look here for whats happening in 2016:
  https://www.reddit.com/r/litecoin/comments/3z2ta1/ama_official_litecoin_developers_and_litecoin/
• Longevity. Many coins have temporarily eclipsed litecoin as they were marketed for the purpose of increasing the fiat accounts of a small group and emptying the accounts of new users. Unfortunately this has been detrimental to crypto-space in general.
  
• Great community.
• Fully supported by GoCoin a growing payment processor used by thousands of merchants https://www.gocoin.com/
• Liquidity. You can sell thousands and not crash the market. Maintains value.

While it seems dormant (LTC that is), it's going to explode when the BTC halving goes full Bull. If you haven't loaded up by now, then the mega rally the LTC is (will be) during a BTC bull rally will make you jealous and even this ETH rally won't supplant it/or mess with it. Litecoin is such a buy now it isn't even funny. That's right I said it! the sideshows here won't lead you to the promised land as it is at this point.

Im holding a bunch but I don't think they will ever go anywhere.
the Chinese are not doing anything with ltc.
and its their coin.
but I will keep buying because they are cheap and maybe
one day
they'll
be
worth
a
FORTUNE!

wouldn't take much of a search to find the comprehensive development plans for litecoin,

or take the low iq route and listen to the FUD on here by those multinickers trying to plug the latest 'innovation' to sell snake oil anon/country/originalcode/2.0 name your flavor shitcoin.

LTC is the very stable altcoin, with Dogecoin they are best recomendation altcoin in the world

In comparison to Bitcoin, Litecoin only has a future if Bitcoin becomes vulnerable in some way that another blockchain will be needed.
Even if that is the scenario, Litecoin might not be chosen as the next blockchain that is needed.

Below link is kinda my logic on why I'm out of hoarding 1-3k of LTC anymore (you can look at my posts to see other reasons) but mainly if my plan is mostly BTC
anyway ...the price of LTC to BTC etc don't matter it is the 'ratio' you can move LTC to BTC and since Ethereum has crowded into the market I think 0.008 ltc to btc
is PROBABLY as good as I'm gonna get...anyway off topic how I plan to wrap this all up home miner wise below.


off topic but pertains to LTC ...on how I mine LTC to BTC


https://bitcointalk.org/index.php?topic=1327160.new#new (https://bitcointalk.org/index.php?topic=1327160.new#new)

anyway I hit 100 BTC from mining on May 1st 2016 more or less and my plan on what to do till the miners go doorstops...but I got to the point if there is just gonna be this 'ratio' of around

0.008 ltc to btc....why not just move to BTC now (or the last 8 btc in my case) and get to 100 btc?

if my plan is simply to move LTC to BTC more or less .even if BTC goes to 650 usd at the 0.008 ratio of ltc to btc that is 5.20 usd per LTC...but the ratio

does not  change


anyway likely LTC will pump or some such...but again from my link above (and deluded logic) 100 BTC was a 'pipe dream' so how I plan to wrap up my

home miners (knc titan's scrypt 725mh) in the next 6-9 months ...perhaps more with heating benefits next winter

anyway read or skip....but the days of me wanting to hoard 3k of LTC seem to have passed :)

(likely now that I've picked BTC I've doomed it as well ....just saying) :)

Most possible that Litecoin will not have the future in whole altcoin market. There are some sites, which use it, but total Litecoin users are not so many.  :)

i feel the same way about litecoin too. it seems dead to me but the volume and market cap doesn't show it.

i am not an expert but all i see is a copy of bitcoin that couldn't keep up with bitcoin price buy has stayed at this low level so far.

in the end i think it is going to be replaced but it would take a long time.

Litecoin was second.. that is about it.

These features are what makes Litecoin stand where it is right now (even if there isn't much movement in development) One of the things that I admire the most is that transactions confirm much faster than BTC. Everything is much faster and smooth and that is why I am still holding Litecoin. Sometimes I wish that new and exciting things would come for LTC (like some small improvements) but still, it is a mature coin and the most trusted one to invest into.  :D

The Chinese love Litecoin (in part because Litecoin's creator Charles Lee is of Chinese descent).

So it won't die because it will always have a fan-base in the east.

While i def dont think litecoin will ever die (as long as bitcoin doesnt "die") It's long term future is a bit murky. However in the short term i think we could easily see another pump out of china. It's one of the oldest most stable altcoins in existance.. Im considering buying 5~10 btc worth if they get a little cheaper relative to btc.  

Dont mistake inactivity on forums for decline of popularity. The reason ETH went up, is because of the artificial ''fan base'' (mass-spam). It is not durable, it will die out, and the coin will decline in obscurity.

Litecoin, on the other hand, enjoys massive support in China/Asia. Most people holding significant amounts of LTC don't bother with pushing their coin on forums like this. If you analyse the ETH-spam threads opened on btctalk, you'll notice that at least 90% of the pro-ETH threads are opened by newbies and/or people holding maybe, MAYBE $20 worth of ETH; in other words, children who think they're big-time traders. ETH has no liquidity, this fact is further strengthened by the fact that the majority of that coin is traded on obscure exchanges.

Litecoin is not dead. It is very alive. It will pump later this year, and those buying now will profit greatly :).

Not bad mate. I have invested a little into LTC and the rest has been earned from faucets. Accumulating Litecoins as much as I can, I think it is not bad to store them into a paper wallet for the future  ::)

Maybe by then, LTC would be worth $6 but I am just trying to be optimistic here. Thanks for your reply  :)

Lots of people like litecoin, so it has a future in that it wont die. But i think it wont become a major player. If bitcoin gets into trouble (which it might, given the inertia and argument due to its huge following) i think there are many strong contenders snapping at its heals which will get in first. Monero zcash or dash for example would seem more likely to be first in. Or ether of course. But ltc still has a future, as a used coin, just not as the king. I have some anyway, cos i want to.

Litecoin is one of the mature coins and have been added to various gambling sites like bitsler and directbet to name some. As far as I know, base on my speculations, it can go down but is very unlikely to die. Crypto-currencies like LTC, ETH, DOGE who have been in gambling sites will be less prone to being gone for good compared to other coins who is not yet listed in gambling sites.

it is funny how this topic was bumped (thanks to whoever revived it).
it is from nearly a year ago and as we can see litecoin is still alive and kicking, and also in the development front it has been growing a lot. we have seen SegWit be released for litecoin and we are now waiting for the miners to accept it.

i say if any altcoin is to stay alive in the future, that altcoin is Litecoin.

according to what I see now, the price for litcoin still stable, and there is a possibility the price will be high in the future, so I think it's good to play litcoin in trade.

The main reason Litecoin is still alive is that the Chinese exchanges only list bitcoin and litecoin (no other alts).

Now that volume has reduced on the Chinese exchanges, the jury is out as to whether Litecoin will continue to thrive.

It has stability and thats important in the long run, its a safe heaven just like bitcoin, so its a store of value, not in the same league as btc but right after as we can see by its market cap. Keeping a decent value with no news in last years makes me think that when news (and if) come its value will rise.

Litecoin is old coin and still alive until now and price stable on the market, like doge i think litecoin will be good invest in long term. If i have muvh money i'll choose litecoin for one of my long term investment.

The price of Litecoin is stable for a long time and the chances of the price going are not that bright even in the distant future and what is the use to trading with a coin that is stable as you wont be able to reap much profit from it.It is advisable to hold some coins for the future if are planning to invest in it for the long term but litecoin does not excites me for the moment.

Alternatively it just removes one reason to dismiss the coin (at the least, when people are still using that excuse several years from now it will be laughable to people who actually keep up on the news). Since the Chinese volume from zero fee exchanges was never counted on sites like http://coinmarketcap.com/ anyway, volume from exchanges that included fees seems to be about the same or slightly up.

If bitcoin grows, then i believe litecoin will follow the trend, given the btc dominance percent, i would hold a bunch.

I personally have given up on Litecoin since 2013. That doesn't mean that it has no future but if you're a constant learner like me you're busy learning about and playing around with the new stuff that cryptocurrency technology has to offer. Litecoin, in that sense, is not innovative. It does its job, but there aren't many use cases for me.

Not only has the price been stable for a long time, recently Litecoin has also been going through an ATL for a long time. All this time investors have been waiting for something to take Litecoin out of this phase of stagnation, and SegWit is likely to be the event that will allow Litecoin to find a better position in the market.

You do have a point there mate. As Litecoin is one of the first alts, that has integrated SegWit into its code, it can certainly have a great impact on its future once it signals acceptance from the majority of miners. I think that when the time comes where SegWit becomes active on Litecoin, it will be the one where it will increase in price, as well as interest from users who are not only cryptocurrency experts, but those who are new into digital payments as well.

Nevertheless, this is a sign that Litecoin, might continue to grow for years to come. Just my opinion.  ;D

I think Litecoin will always be worth holding. It always does the same: goes to the floor for a long time (which is where you slowly buy) then something happens and it pumps hard.

I have seen this behavior too with other coins like Dogecoin.

Yeah. Both Litecoin and Dogecoin seem to have that movement over the days, if you watch the charts closely. It would only be a matter of time, before you can take advantage of it and make some profit. Even still, these old altcoins have managed to remain stable on the markets after all these years. It may be a sign that they would survive for the long term, if members from the community continue to support them.

Nevertheless, it would be best to buy and hold Litecoin now, as I have the feeling that once SegWit becomes active on it, the price of the cryptocurrency will skyrocket. Just my thoughts.  :)

I have no clue what Litecoin will do. All I know is if I have to baghold something I prefer it to be ltc.

I dont think so 8)

They are always in contention, and they will always in the top 10 in coinmarketcap and many merchants are still using this coin and  the fact that Chinese investors are supporting this coin,many new coins are coming up but over the years they have kept their position on top of their rankings ..

i think litecoin still have a good future but for now, litecoin is like sleeping giant and it will wake up if the time is right and maybe the time is come after btc reach the stable position with the price. and there is another update about segwit for litecoin but i don't follow closely, i only wait the timing of litecoin to wake up. if the segwit is successful, then i am sure litecoin will be increase too with another altcoin so there will be another party in the market.

http://litecoinblockhalf.com/segwit.php

Lite coin will be trying the game changer through the fake SegWit's hype, or it will be the another fail. We will see it ASAP, but the current result still on 3.05% for SegWit supporters and does it mean good for litecoin bagholders? I don't think so.   :-*

LTC has some developers that can clone and adopt any new gimmicks they choose just as BTC could. They don't wish to simple as that. It does what it was designed to do. If it reaches a capacity that needs improving/upgrading then I am sure it will be improved upon at that time. BTC and LTC look to adoption and real world usage they don't care about gimmicks. If an alt comes along with a great improvement they are the test net for that and I'm sure if it was advantageous beyond any doubt you would see eventually btc and ltc would adopt it.

There are some alts that have features that can not be cloned easily and patched in and are far apart from what ltc and btc are trying for right now. Those are not simply test nets for btc and ltc to observe. It is up to you to find them and recognise them.

Whatever people say on here you need to watch when an exchange goes shaky and turns off BTC withdrawals.... LTC is the next wallet to go off line. Everyone runs to LTC.

Problem with ltc and btc are the pools...

I also think Litecoin was a good altcoin but now Litecoin is sleeping for too long and had weakened badly, until this time I still haven't see any significant movement from Litecoin, it will be good if this old alt coin can rise again and then become a strong alt coin, hopefully the segwit implementation will be successful

1 year later.
+ good call on the BTC bull rally.

 - but LTC has yet followed suit, but it has maintained capital, and increased trade volume and transactional usage.

 -likely LTC will be a common inlet for capital once the BTC bull rally peaks and rolls over.   

We've had a decent bull season so far (in terms of btc) but I think we're far from over w/ these corrections in between rises. I'm even more bullish on ltc now that this segwit appears to be making a go of things - we'll know more next month. Furthermore, the btc price could see a surge in the even that an ETF is approved. Either way, world financials are looking dismal and btc is looking like the alternative to gold and an even better safe haven. Lastly, I think the btc price being so high for the average person looking at crypto will sticker shock them into the likes of ltc or even eth.

And one year after Lite Coin is still standing even still gathering discussion although not leaving to expectation, but because its still being talked about is a development in the direction there are several coins that have come after LTC and no where to be found today. So I believe, there is still a future as we still have exchange site listing it while some gambling site still accepts it...

I guess you are right. If Litecoin remains tradeable at exchanges, and useful among gambling sites, then there should be nothing to worry about. Also, I have seen that Litecoin has implemented the SegWit scalable solution into its codebase, so it should be a matter of time before it gets approved by the miners, making LTC faster than ever before.

One of the many things that I have admired about Litecoin is that transaction confirmation times are much faster, than Bitcoin. But other than that, it lacks constant development and innovation, in my own opinion.

Nevertheless, I hope that LTC would remain widely used among users, making it grow as time goes by. Just my opinion.  ;D

As long as betting sites accepts Litecoin and the transaction charges are really low and faster i would really like to use Litecoin than the rest of the coins and that is the how the future will be and i expect the price of the coin to increase than the present situation.

No.  Coming from someone who used to be active in the litecoin community. 

She's dead jim.

if all you care about in a cryptocurrency is the speed of transaction and the "charges" or in other words paying lower fees then use Dogecoin or even Reddcoin (RDD) you can even send them with zero fees and get confirmation in a couple of seconds.

True. While there are many other altcoins, that are quite much faster than LTC, there are a very few which have Litecoin's value proposition. In other words, since Litecoin is much older than most altcoins, it has better security (due to established nodes), a higher hashrate, and others. That is why it is sometimes seen as silver to Bitcoin's gold.

But still, if you only want to transfer coins in a near instant way, then you could always choose from the wide array of altcoins which have smaller networks, cheaper fees, and are good for micropayments like Reddcoin.

Testing out different altcoins myself, i'd say that Ripple is the fastest one in transaction confirmations. It has good features and all, but the only thing that it lacks it is true consensus, not to mention that it has a centralized model.

Nevertheless, I hope that Litecoin could make the difference among the wide array of altcoins, if SegWit becomes activated on it. Just my opinion.  ;D

for make a bet in gambling sites, i think i will use dogecoin or reddcoin to deposit because that two coins is really cheap for fee and it is good to see that gambling sites still accepting that two coins.

i think litecoin is waiting a good moment to getting back in the market and yes they are a giant sleeping of the crypto currency and litecoins will be back and reach the real price. i am sure that litecoin have a good future, beside they are the one of the biggest community that still active until and they are one of the oldest crypto currency, litecoin is need to wait for more to get woke up.

If Bitcoin were to get wider adoption, but fail to ever apply SegWit or LN than Litecoin would wind up being used for transactions while BTC would be a store of value. Actually lets assume BTC got SegWit and it keeps up with transactions. Once the Bitcoin value increases the transaction fees would cripple BTC for small purchasing so Litecoin would have a purpose and in this instance the name Litecoin is very strategic for this role

There are other alts right now that have a much larger return on investment, but right now I would say Litecoin is on sale. Thing is I think it's more profitable to hold in Bitcoin and climb that ride up and put into Litecoin later on.

im thinking exactly that!!

one thing about litecoin that you should know is that it has always been alive through all the previous years, and so little number of coins can say they could stay alive for that long.

and litecoin's staying alive has never been just staying alive and being around (like doge for instance) it has always been more of constant development and going towards the future.

the latest biggest development is the implementation of Segwit in litecoin.

with all that said, we have been seeing a big volume in this coin for as long it existed and the price has been rising and having awesome rallies with huge profits.

don't forget that Chinese exchanges have only 2 coins: bitcoin and litecoin and nothing else.

Eh, but did you ever heard some betting site was accepting litecoin bet? Do you think the current litecoin fees is very high? With 4 times the speed of bitcoin and litecoin was also including on the fastest altcoin.

While it is nice to see Litecoin, giving a step forward towards implementing SegWit into their code, it still lacks innovation. There many other altcoins out there which provide advanced features and constant development from their team. Still, as long as Litecoin remains traded on the markets, then there should be nothing to worry about it becoming dead anytime soon.

I think that Bitcoin, Litecoin and Ethereum will co-exist for years to come, as they're the most widely used cryptocurrencies in the world, with a strong network hashrate, and a solid community. The Chinese would probably remain with Bitcoin and Litecoin as their cryptocurrencies of choice to make profit out of mining, in my own opinion. They're the ones who usually move the markets, which may be one of the reasons why Bitcoin's price has been increasing each day.

The only thing is that Chinese control most of BTC's hashrate, and they will eventually switch out to mining LTC full time once BTC becomes unprofitable and hard enough for them to continue their mining operations. Just my opinion.  :)