Bitcoin Forum

honestly after watching litecoins for years the coins is definition of snail.
moves so slowly.
why people love it and go dam crazy about it so much i do not know.

litecoin was launched in 2011 and its still not hit $500.
ethereum was introduced in 2015 and it has grown so much.

litecoin is so slow.

I think litecoin's price is going to go up soon, since it is such a great BTC alternative, with active development and publicity, it will escalate. But it is darkly funny how the price doesn't seem to move much, when even when some coin that came after it and some ICOs are making everyone else rich. Litecoin really need to be worked upon.

Good point you have there.
it needs to be strongly worked on. people love it so much but the coin pace growth is shabishly slow.
not good for an investor. not at all.

Ethereum is very much more different than litecoin. Ethereum has a massive demand due to some ICO's making their coin on the ethereum blockchain that is why it hits the market. Also it appeals like money replacement like the bitcoin it has proven its use in the world of crypto.

While litecoin is also a promising one but its only ambitious to be like bitcoin. That is why its popularity is also known but it lacks of demand. And people are not accustomed in using litecoin that is why the growth is like a snail. Litecoin has been tittled as bitcoin's younger brother and its journey in the crypto world is not yet ended. There is a chance that soon it could reach $500 as you've expected.

"Rather rising slow, than diving low"

Though it is growing pretty slowly, as you've noticed, it's definitely not some crap. People love it, because Bitcoin has proven that it's possible for cryptocurrencies to enter a hundred-billion dollar market.

How is that relevant to Litecoin? Well, in many people's eyes, Litecoin is superior to Bitcoin: Faster & Cheaper transactions and a growing acceptance across the internet.
With a supply 4 times as high as Bitcoin, Litecoin's potential, if it'd grow to Bitcoin's heights, is thus a price that's 25% of Bitcoin's, thus entering a value of thousands of dollars. That, together with an active community supporting it.

Bitcoin's price is mainly based on "OMG, so many peoples knows it so I must buy buy buy coz others will buy buy buy then grow larger price then me rich me rich yes yes yes". Not an insanely intelligent kind of investor, most of the time.
Litecoin's price isn't based on that (yet). Sadly, it has many competitors too and that keeps it from growing very rapidly. It's market cap is still 11 billion dollars, which is very likely more money than all of you together will ever obtain.
Ethereum grew as rapidly, because so many ICOs (mostly scam/shit ones), put their tokens on the Ethereum blockchain and accept it in their Token Sale.

So don't compare it to other coins too much. Litecoin is a great coin. Though it grows slowly, it's actually more of a future-proof coin: Low Volatility will make people trust it more.

Its because of real use case ethereum getting its value because its holding lots of succesful project in ethereum blockchain . But litecoin actually got some hype and value after charlie lee joined litecoin team . If charlie lee doesnt join litecoin team it would never reach this 200$ mark.

"slow but sure" a worthy slogan for litecoin. average users and new investors only invest in ico, especially if ico is giving a very big bonus. but they have missed the hidden gem, that is litecoin (alt first).

now you can compare to choose a slow but with full certainty and a definite future or a new project with big bonuses and fast growth "he said".

slow does not mean to fail, but they are more mature in carrying out his plan and a great job requires a process to achieve it.

There is some truth in it. That is clearly something we all cannot deny. But, on the other side of the fence is the truth that Litecoin remains very solid despite the fact that a lot of new coins offering some seemingly better deals are sprouting everywhere. Litecoin is old. Yes, but at least they are still widely used. If you invest in Litecoin, it is futile to make a short-term goal. It should be long term. At least with this choice, you are a bit more assured of a coin that will not easily die.

you said it all.
but i rather do invest in ethereum than in litecoin.
reason is the owners behind litecoin needs to be up and doing.

they should find quality and suitable use cases for the coin.

the time is now for crypto to rule the world and people keep going for coins with use cases.

litecoin is falling behind in this cadre.
litecoin needs revival.

Ltc is one of the few altcoins currently in the Crypto world with so great potentials. However, the current market dip problems may start to send shivers into the bodies of its holders thinking that the coin is shitty or falling below expectations. This is normal actually cos different people have their level of holding their patience. I will say just hold on, I think the coin will turn out one of the best come this year's ending; its just a matter of time.

Litecoin doesn't offer any superior tech side over bitcoin, where as ethereum was made to a place for smartcotracts and tokens and we are seeing that there are many dapps and smartcontracts being built and tested over there. Litecoin was made to be silver to bitcoin as a gold, by tweaking the code a bit litecoin gained faster blocks. If you look in the past it was pretty stable like 4$ until we've heard that they are going to implement SegWit and to be honest with you this was a simple but yet effective marketing trick from their dev side as at that time you had huge bitcoin debate. Litecoin even don't need SegWit nor it was an urgent thing to do, but they saw opportunity and from that point ltc price started to grow. But because there are no sudden pumps and dumps it could be used more for services and merchants as everybody loves stable currency, although it could dump or pump itself of course.

If you know about the fact of litecoin was not revolutionary as ethereum itself.
it has been created to fixed the scalability of bitcoin itself and no more and you can't expect more from the litecoin itself.

It's just like another bitcoin fork coin bit i called litecoin as a lite version of the bitcoin itself. remember ethereum offers smartcontract which that was something new in the crypto.

In this time it has been used by a lot of projects because they are seeing an opportunity in the smartcontract can be used to solved or created innovative ideas.

well the coin only offer some upgrade of bitcoins, while the other coins with better tech and plan are growing faster than ltc, but ltc still like silver and bitcoin is gold rn :)

Very much different why the moves is different between those both altcoins.
Litecoin popularity is behind etherium and the price too. So i am not surprising if you say litecoin is very slow.

Slowly is good in a way i believe it is one of the safest investments, its one of the less volatile.
Maybe when Charlie Lee sold all his coins, people stopped believing in it as much?
Its a good project, with a good future i expect in to hit $500 by end of year

I don't want to see any information about litecoin.
When the bull market comes, it stopped rising, but when the bear market will quickly, it has a sharp rise, I already don't want to invest in the litecoin, I think that there is no future for the litecoin.

This token has its own purpose and its advantages. LTC is still in the top 5 of all coins, so we can conclude that with and the demand for this coin has not decreased.

the developer sold all his litecoin?thats why i have got a problem investing and picking interest in em.

I guess Charlie Lee is listening, Well you can not blame a coin from being a slowpoke but that is not an issue here there are many coins out there are are struggling to gain momentum and popularity and I really think that each and everyone of them are doing their best to make their coins the best there is and their doing it slowly but surely and gaining more trust to the public, Not like the coin that are pumping and dumping so fast then proven to be just a scam, Not to mention Bitconnect.

After commenting several topics on Litecoin, i will go analyzing differently. The fact of being slow means that it does not have much to add, What does Litecoin have of special that other meda does not have and can not have easily? In conclusion Litecoin just did not fail because it served as a quick currency in the exchanges, because we know that it is faster than Bitcoin, one of the qualities of Litecoin.

But the coin not drop in big scale right ? its still growing over time, better like that than dying and be forgotten over time, anyway ethereum is much more different than litecoin, you know why.

No its not because its offical China pump and dump coin thats being manipulated from its own creator Charlie Lee,guy first sold his ltc at 350$ because moral standards and after that he said that he would be suprised that ltc price goes back to 10$.Now he is back shilling it again saying that the flappening will happen

There is no problem with  snail growth. Even you don't grow in  day. It is called organic growth. If i would invest, I rather choose a coin that has an organic growth than a coin that pumps up and suddenly goes down after a week or month.

make no mistake, litecoin will be a promising coin in the future. although it looks very slow in the graph. but, this coin will compete with bitcoin cash and xrp, even in my opinion this coin will be the most popular coin after btc and eth, we'll see its forwards.

Agree with the point that Litecoin growth is like snail and your comparison with Ethereum is really valid. The back up team should think of some more rigorous methods to drive this potential coin to compete with top rated altcoins, Litecoin has all the potential already but the driving to reach the highest price is lacking I think. Hope it will raise at least to double the price within this year.

Can't expect much from a 'copy paste and rename' coin which just came after the father of cryptocurrencies, Bitcoin. Even its creator Charlie Lee sold and donated all of his holdings which worsens the situation at hand. With that said, adding up the pace of a snail and a turtle would be a better comparison to throw at Litecoin.


By this logic, every coin which was founded in the early days should be in the race for being on the top, while the coins that progressed by showing actual usefulness and applications should not grow at a faster rate? Ethereum is where it is today, only because of its rapid growth and implementation through smart contracts and decentralized applications over the years.

ur comparison is a bit misleading. ethereum's growth stems largely from it being viewed as a huge platform for dapp development or smart contract execution. Litecoin is doing quite well for itself by just being a medium of exchange/store of value like btc.

Because litecoin is a fork that has no value for technology and for people, its great popularity is due to the fact that it is the second

The LTC project is quite an interesting project, which has a very positive effect on the crypto currency world in general. Transactions of the LTC project are quite fast and probably have no analogues. But soon there will be lightning integration into the network bitcoin, so I think that LTC is temporary

Sometimes it is better for a coin to move up slowly. After a huge pumps follows always a huge dump. So if you are an investor with some time, jut buy Litecoin and hold it for a long time!

You have made a good comparison. Honestly, I can not explain why people like so Litecoin. Perhaps it is a "safe" investment, but for a very long time and for a small return.  ???

I own some Litecoin, have previously been vocal about my love for Litecoin, will hold it for now since I got in at a decent price, but won't hesitate to sell if I don't see it doing something that sets it apart from all the exciting new, lightning fast, scalable tech with low transaction fees.
I'm getting weary of Litecoin. The coin itself still has a decent usecase and of course I know the whole "silver to Bitcoin's gold" analogy, but silver can tarnish, dudes.

What bugs me the most is that Charlie Lee (aka Satoshi Lite on twitter) is acting like a McAfee Lite (McAfLee Lite?  ;D) instead. He totally rained on the Litecoin parade when it was at its all-time high with his tweet about not buying if people can't handle it dropping to $20.
Then he made a big deal of announcing on Twitter that he had sold most of his holdings. Sure, he said it was a "conflict of interest" thing but if he wanted to make it known that he had sold his LTC, there are more subtle ways of announcing these things that won't rock a volatile market.

I think that someone who wants to really support his coin won't be doing things like this when everyone knows that crypto reacts massively to news - both positive and negative. Makes me think he has a bit of a God-complex and loves to see what impact his tweets have on the market.

It had a really good progress in the past few weeks. I mean, it went up from 50$ to $300 and now it maintains at a $230 level.
I think that's pretty good. Sooner or later it iwll moon again.

Honestly litecoin's transaction speed is better than bitcoin and ethereum's tx confirmations that is why most of the people are choosing litecoin over these two giants which has congested network,litecoin's founder is a good man and he knows how to appreciate other's project that is why most of the people shows respect to litecoin.

People like Litecoin only because it’s old and it’s counting as crypto silver ... after crypto gold - Bitcoin. It’s same, silver is much more cheaper than gold ...
but still I had good profit while buying LTC in 72$ and selling in 300$

Litecoin's tx speed is a lot better than bitcoin and ethereum's tx confirmation that is why most of the people are getting this coin as a good exit when these people are cashing out because it has faster block confirmation compare to the two that i have mentioned,plus it has  stable price movements than bitcoin's that is why it is being considered as a safe haven when the market bleeds.

It is not a slow coin,it has better transaction speed than bitcoin that is why it is getting more popular because bitcoin's network is very congested as well as ethereum's network.If you are going to have payment system you should have use litecoin over bitcoin because of its faster blocks confirmations,it is better than others because it has stable price in the market.