Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: intrader on July 04, 2016, 04:19:54 AM



Title: Litecoin Price Speculation 2016 * POLL*
Post by: intrader on July 04, 2016, 04:19:54 AM
Litecoin Is Back: New Roadmap Signals the Start of a Renaissance
http://bitcoinist.net/litecoin-roadmap-renaissance/


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: Divinespark on July 04, 2016, 06:05:59 AM
I think this will prove to be a false dawn. LTC has zero unique utility. Hard to look beyond that.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: janggernaut on July 04, 2016, 09:45:20 AM
Litecoin Is Back: New Roadmap Signals the Start of a Renaissance
http://bitcoinist.net/litecoin-roadmap-renaissance/
Little dissapointed when litecoin down from 0.009 btc to 0.0065  btc now, i think litecoin would be reach max around 0.01 in the end of this year.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: cryptfox on July 04, 2016, 10:20:56 AM
Litecoin Is Back: New Roadmap Signals the Start of a Renaissance
http://bitcoinist.net/litecoin-roadmap-renaissance/
Little dissapointed when litecoin down from 0.009 btc to 0.0065  btc now, i think litecoin would be reach max around 0.01 in the end of this year.
Maybe before end of the year we can see Litecoin pump up to 0.02btc not around 0.01btc


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: shyliar on July 04, 2016, 12:59:33 PM
Some of the reasons Litecoin will do well:

  • 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 and active development look here for whats happening in 2016:
    https://litecoinassociation.org/data/roadmap.pdf
  • 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 merchant payment processor used by thousands of merchants https://www.gocoin.com/ as well as other processors such as coinpayments, Asmoney, Alfacoins and Coinify
  • Liquidity. You can sell thousands and not crash the market. Maintains value. Look at the chart here indicating volume in the last 24 hours relative to other coins. http://cryptocoincharts.info/coins/graphicalComparison In fact volume has remained high since last June while maintaining a stable price.
  • The speed, liquidity and value of Litecoin is useful to traders seeking arbitrage opportunities between exchanges.
  • Soon to be added to coinbase.
  • Upcoming release to include a on-chain adaptive block size scaling solution. This will substantially increase the transactional capacity of Litecoin.
  • Fair release. In a crypto world of premined and ICO releases many appreciate this fact. The code was released well before the Genesis block was mined and everyone knew when it would be going live; therefore, individuals could anticipate and get their miners and software ready. (Credit to brobot)
  • Security.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: intrader on July 04, 2016, 01:31:42 PM
Some of the reasons Litecoin will do well:

  • 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 and active development look here for whats happening in 2016:
    https://litecoinassociation.org/data/roadmap.pdf
  • 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 merchant payment processor used by thousands of merchants https://www.gocoin.com/ as well as other processors such as coinpayments, Asmoney, Alfacoins and Coinify
  • Liquidity. You can sell thousands and not crash the market. Maintains value. Look at the chart here indicating volume in the last 24 hours relative to other coins. http://cryptocoincharts.info/coins/graphicalComparison In fact volume has remained high since last June while maintaining a stable price.
  • The speed, liquidity and value of Litecoin is useful to traders seeking arbitrage opportunities between exchanges.
  • Soon to be added to coinbase.
  • Upcoming release to include a on-chain adaptive block size scaling solution. This will substantially increase the transactional capacity of Litecoin.
  • Fair release. In a crypto world of premined and ICO releases many appreciate this fact. The code was released well before the Genesis block was mined and everyone knew when it would be going live; therefore, individuals could anticipate and get their miners and software ready. (Credit to brobot)
  • Security.

What do you think the price of Litecoin will be by the end of 2016?


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: Nimbulan on July 04, 2016, 01:39:35 PM
I think this will prove to be a false dawn. LTC has zero unique utility. Hard to look beyond that.
i think you are right to be honest there is no potential in litecoin growth in my opinion because most of the people just want to get something new from other cryptocurrencies

i think the price will not grow a lot in the future though i think that anything might actually happen and the litecoin price is really unpredictible, the price might easily start growing


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: losh11 on July 04, 2016, 01:50:12 PM
At least ratio rising from 0.0065 to 0.01.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: ajareselde on July 04, 2016, 01:58:46 PM
It's possible that there will be some tank in price, but i dont think it will be something great. After all, atleast for me, litecoin is a failed project,
created and advertised as anti asic but ended up being just another coin.
The only reasone people invest in it is because market cap isnt quite big , so it's a lot easier to pump , opposed to bitcoin.
I vote under 0,01, forever


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: foxxcom on July 04, 2016, 03:33:28 PM
It's possible that there will be some tank in price, but i dont think it will be something great. After all, atleast for me, litecoin is a failed project,
created and advertised as anti asic but ended up being just another coin.
The only reasone people invest in it is because market cap isnt quite big , so it's a lot easier to pump , opposed to bitcoin.
I vote under 0,01, forever
How Litecoin is a failed project?


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: Fordsmith on July 05, 2016, 06:59:52 PM
At least ratio rising from 0.0065 to 0.01.
I hope we can see LTC pump by end of july.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: Nahl on July 05, 2016, 07:26:37 PM
last time i was seen that litecoin prices reach to 0.01 btc but i forgot when exactly it happened because i was very rarely to trade these coin and recently just see the current prices 0.0066 btc i think obviously low but my predictions for Litecoin prices in the end of 2016 might be back again to 0.01 btc per LTC


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: worldtreasurefinders on July 05, 2016, 08:27:39 PM
I voted between 0.01 and 0.02.  Hell I remember trading the ratio when it was between 0.02 and 0.03.  I feel like a lot of wind has been taken out of LTC's sails due to all the other new alts hitting the scene, but when the fanfare dies down I expect LTC will gain back what it's lost in the last couple years.  Stability and simplicity are worth more than bells and whistles. 


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: bitcoinlitcoinbtcltc on July 09, 2016, 12:18:29 PM
Litecoin will be sub 0.005 btc soon. This coin is dead, lol.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: Slark on July 09, 2016, 04:46:18 PM
Litecoin Is Back: New Roadmap Signals the Start of a Renaissance
http://bitcoinist.net/litecoin-roadmap-renaissance/
This is definietely the right (and the only move) if developers and community want to keep LTC around. But I am afraid it is too little too late.
Litecoin is basically the second 'big' cryptocurrency created and after 5 years of development it hasn't changes much - it is still Bitcoin's poor clone basically.
And I don't think this new set of goals will change situation.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: s1gs3gv on July 09, 2016, 08:45:39 PM
Next LTC difficulty change ~ -20% implies problems for LTC.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: stan26 on July 10, 2016, 01:00:41 AM
I voted between 0.01 and 0.02 BTC.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: Mokuton on July 10, 2016, 01:04:54 AM
LTC will go up with bitcoin, and bitcoin looks like it will keep going up in the next few months, as only a small drop during halving shows bullishness plus miners need the price to stay or go up to make profits. 600k sats for a litecoin is still cheap. Just Hodl!


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: SchemerDreamer on July 10, 2016, 02:01:26 AM
litecoin is cheap right now relative to bitcoin. imo there's good odds ltc>.02 at some point in the near term


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: torry28 on July 10, 2016, 02:42:08 AM
i'm optimist with this coin, it was reached around 0.01 btc before halving happened, i voted if litecoin would going higher than 0.03 btc!


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: nanonymousx on July 10, 2016, 06:05:14 AM
Hmm, if a country they decide Bitcoin is too expensive for their citizens, and litecoin can be well  suited to be their currency, then we are set.
I am day dreaming, of course...


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: bitjoin on July 10, 2016, 08:36:42 AM
0.03, when it starts moving very hard to stop


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: Sniper44 on July 10, 2016, 03:33:50 PM
looking at long term LiteCoin has always been one of the interesting altcoins of all times and it has been keeping up with bitcoin and in fact LTC price has changed a lot with bitcoin price in the past and i think this time is going to be the same.

so i vote for 0.03BTC because i believe there is another big rise in LTC future.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: bit1 on July 10, 2016, 09:21:35 PM
With so many new projects it is difficult to know with certainty if LTC could go up at least in short time.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: Rick M on July 11, 2016, 08:18:05 AM
Call me crazy but I believe this thing can touch 0.1 any time soon


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: BitcoinHodler on July 11, 2016, 10:57:43 AM
Call me crazy but I believe this thing can touch 0.1 any time soon

i don't think it is going to happen soon but litecoin has always been a very interesting altcoin for many years before and don't see any reason why it should change and this stable accumulation phase is a good sign of a future big rise.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: butragenjo on July 11, 2016, 11:54:11 AM
My litecoin prediction is 0.01 btc ~ 0.02 btc :)


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: holydarkness on July 11, 2016, 09:32:40 PM
Litecoin is actually (as many people said) a long term investment coin. Its price can jump high and keeps on rising in one interval, then going back down again. I've actually experiencing these ups and downs several time that it made me still hold my faith on ltc although its price is considerably low for some time. But yeah, it was also said that it is being controlled by china. So I think, ltc's probability to reach certain value is influenced by china's big players.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: HarryKPeters on July 11, 2016, 09:55:49 PM
I read there roadmap and I can't find anything which makes me think now is the time to buy myself some litecoins.

Which of these features is ground breaking innovation? Nothing right. Even if they were, they are far to late.
3 years of being just a bitcoin clone is not helping either.


Improvements to Litecoin Core

A major release of reference client Litecoin Core v0.13.x is due in 2016, featuring the following notable improvements:
Faster signature validation using the libsecp256k library developed by Bitcoin Core developers.
Wallet pruning to reduce block size storage.
Memory usage improvements including better mempool filtering of transactions.
Inbuilt Tor control socket API support if Tor is running and also stream isolation for
Tor communication.
Functionality to reduce upload traffic.
Segregated Witness to allow for greater transaction output and mitigation of
transaction malleability.
ZMQ support – ZeroMQ is a high performance asynchronous messaging library,
aimed at use in distributed concurrent connections. Litecoin will support ZMQ for
broadcasting block and transaction data.
Hierarchical Deterministic wallets – Litecoin Core will support hierarchical
deterministic wallets (a.k.a. HD wallets).
Obfuscated blockchain data – Several antivirus applications detect the Litecoin
stored blockchain data as a malware threat. Litecoin v0.13 will obfuscate the blockchain data to rid these false positives.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: s1gs3gv on July 12, 2016, 01:01:53 AM
Wtf LTC difficulty ? Last one down 13%. Next one up 15% ...


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: mkc on July 12, 2016, 07:31:30 AM
I read there roadmap and I can't find anything which makes me think now is the time to buy myself some litecoins.

Which of these features is ground breaking innovation? Nothing right. Even if they were, they are far to late.
3 years of being just a bitcoin clone is not helping either.


Improvements to Litecoin Core

A major release of reference client Litecoin Core v0.13.x is due in 2016, featuring the following notable improvements:
Faster signature validation using the libsecp256k library developed by Bitcoin Core developers.
Wallet pruning to reduce block size storage.
Memory usage improvements including better mempool filtering of transactions.
Inbuilt Tor control socket API support if Tor is running and also stream isolation for
Tor communication.
Functionality to reduce upload traffic.
Segregated Witness to allow for greater transaction output and mitigation of
transaction malleability.
ZMQ support – ZeroMQ is a high performance asynchronous messaging library,
aimed at use in distributed concurrent connections. Litecoin will support ZMQ for
broadcasting block and transaction data.
Hierarchical Deterministic wallets – Litecoin Core will support hierarchical
deterministic wallets (a.k.a. HD wallets).
Obfuscated blockchain data – Several antivirus applications detect the Litecoin
stored blockchain data as a malware threat. Litecoin v0.13 will obfuscate the blockchain data to rid these false positives.


It seems litecoin is targeting to be a currency, fast and reliable , nothing sexy, nothing fancy.
If they concentrate on one thing, chances are litecoin will last longer than ETH.


Title: Re: Litecoin Price Speculation 2016 * POLL*
Post by: bitcoinlitcoinbtcltc on July 14, 2016, 02:32:40 PM
I read there roadmap and I can't find anything which makes me think now is the time to buy myself some litecoins.

Which of these features is ground breaking innovation? Nothing right. Even if they were, they are far to late.
3 years of being just a bitcoin clone is not helping either.


Improvements to Litecoin Core

A major release of reference client Litecoin Core v0.13.x is due in 2016, featuring the following notable improvements:
Faster signature validation using the libsecp256k library developed by Bitcoin Core developers.
Wallet pruning to reduce block size storage.
Memory usage improvements including better mempool filtering of transactions.
Inbuilt Tor control socket API support if Tor is running and also stream isolation for
Tor communication.
Functionality to reduce upload traffic.
Segregated Witness to allow for greater transaction output and mitigation of
transaction malleability.
ZMQ support – ZeroMQ is a high performance asynchronous messaging library,
aimed at use in distributed concurrent connections. Litecoin will support ZMQ for
broadcasting block and transaction data.
Hierarchical Deterministic wallets – Litecoin Core will support hierarchical
deterministic wallets (a.k.a. HD wallets).
Obfuscated blockchain data – Several antivirus applications detect the Litecoin
stored blockchain data as a malware threat. Litecoin v0.13 will obfuscate the blockchain data to rid these false positives.


litecoin is useless lol