Bitcoin Forum

Binance recently disclosed the introduction of a new Litecoin derivative product. As the launch date approaches, LTC is showing different bullish signs that could set it up for higher highs.

Litecoin derivatives on Binance

On Jan. 8, the world’s largest cryptocurrency exchange by trading volume Binance announced that it will launch Litecoin perpetual contracts. The contracts will be leveraged and paired against Tether (USDT).

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source from: https://cryptoslate.com/litecoin-debuts-on-binance-futures-as-ltc-turns-bullish/

It's a good step forward for litecoin project but this doesn't guarantee any price surge, LTC is not bad at all in fact will chose LTC over thousands of coins we have in crypto space today but the rules still stand the same, only invest what you can afford to lose

Nice to see something new from the Litcoin side of things, will it pump it? maybe 15% :P 
but i think that even when it does, it will just get dumped instantly, people been stacking waiting for a good time to get out of LTC for months i fear
maybe this is just a tactic by Binance to get a good price for their coins, as in sure the Chinese are the largest LTC miners in the world, and have ALOT of coins to dump right now

I do not think that the event OP stated is enough to make LTC peak again in 2020.  Many investors lost their trust on that coin after the developer himself dump almost all his LTC holdings when crypto market is on its peak.  The founder may have his reason but a dump is a dump that crashes LTC price.

It can be, it's not only bitcoin that will have the popular event for this year but Litecoin has and other altcoins too. I think the mimble wimble implementation and development for Litecoin will create a significant impact.

And that could result in an uprising price because many investors do like this kind of report and development for the good of a coin. It's still the silver of the cryptocurrencies and the favor of everyone for this coin is still there.

Founder no longer holds LTC, and the project is nearly out of order, so in the near future there will not be much important news appearing on this coin. However, many investors still trust Litecoin because this is a coin that can be applied very well in our daily lives. Of course it will take a lot of time to do this and the Litecoin development team will be up and running again someday.

This is probably still not enough to boost it to any significant levels. What is happening now is the wales unloading onto people on every rally there is. LTC is going down long term and nothing willl change it I'm afraid. It is pretty useless and everyone is slowly realizing it and getting rid of it. Also it has good name but it's too old. When people learn about crypto now it BTC and ETH and only later later they see LTC. It''s the same when new money is supposed to flow in. Everything else is much newer/cooler and better known for newcomers. The 'internetz silver' sentiment is basially gone and nothing on the horizon seems to be able to change it.

That hurts upon hearing about own developer of this coin dumped an asset so bad. Whatever reason is that, it's still a disappointed story all about for ltc. We only needed to wait for further changes of the ltc community, after the incident happened on their project. Will it prosper in the next months or it will be worst along the way.

Only a short term hype and right now the price of litecoin is going back again to the bottom as the correction that happened with bitcoin.
The futures launch of litecoin doesn't give a lot of impact on the price of litecoin. I guess you can see how the price of litecoin is also getting a small correction too.
it will not touch the peak price again as the big event of litecoin has already ended.
It's so difficult for litecoin to get the bullish trend alone without a big event, mimble wimble news is not yet coming for litecoin.

Depend on the investor itself, if they are believe by coming this information will facilitate them to make more profit with an easy way then the price altcoin will touch another all time high at this year and it is otherwise.

But this is not a benchmark that litecoin will increase because this information. And we know, last year litecoin had met halving event but that event hasn't gave anything to the price, so, you have to understand if someday this information does not have any effect.

I own litecoin for a few reasons, for one whales work in mysterious ways. It’s not always about technology, and I believe a 2-3 times jump is naturally inevitable again in this year. for second, I believe this developer team are some of the best in crypto, which led to meaningful partnerships with quick implementations. something many new cryptocurrencies couldn't achieve. Litecoin is at least a better alternative to Bitcoin. I doubt we'll see another ATH in 2020 but I bought 10 litecoin at around $45 earlier this year on coinbase and will hold at least till end of 2022.

it is very unlikely for ltc because it did not make any progress in 2019 and the fact that charlie did not do any development last year proven the project already lacks vitality and capable person in running it. we will see a bull again and ltc will go up too without exception, but do not think it will reach its ath again because it has nothing to offer.

This is good news for LTC since halving until the present. I hope that in the future the price of LTC will be improved by news like this, at least in 2020 I think the LTC price will increase 100% compared to the current price but I'm not sure the price of LTC will reach ATH because it's too hard and I don't believe any altcoins in the market can do it in this year

This is a true statement that the developer himself dump all of his coins and then publicly stated about it which is not a great way to instill trust to the investors and if you look carefully that is the case with all of the coins in the market, the developers dump the coins in the market when ever the price rallies, apart from bitcoin the rest of the developers are here in this market to make money and that is a fact and even ETH developers dumped millions of dollars worth in the market.

How long Litecoin back to higher price again? need waiting for bitcoin back to higher price first before Litecoin can back with higher price, many people still waiting when Litecoin back to normal and higher price where last year Litecoin could have higher price but during bitcoin back to lower make many altcoin have down and litecoin under $60 right now.

It depends on what you mean when you talk about "price" of litecoin, do you mean price of litecoin in bitcoin terms or do you mean in dollar terms. If you mean bitcoin terms I feel like the price will not go up as much as everyone thinks, bitcoin will have a halving very soon and that will result with price going up or at least that is what everyone counts on, so if everything goes according to play for bitcoin we will probably end up the year with at least 2x once again (like $3.5k last year to $7k this year, will be $7k to $14k this year) at the very least.

Now, litecoin could go up even higher than 2x and that is quite possible but since bitcoin will go up as well I doubt price of litecoin in bitcoin terms will be too much higher, just a bit higher. However if you are talking about dollar terms, I am 90% sure price of litecoin will definitely go up this year for sure.

Even while i don't hold any Litecoin, i use it daily. I would say that it deserves a rise on btc pair but that's not going to happen if the btc starts to rise soon.

Will this have an impact on Litecoin prices?
Although Binance will launch an eternal Litecoin contract and I think this will not affect the main Litecoin price, but there will be a bullish trend following the market and Litecoin is now experiencing an increase from a few days from $40 to $47 well this was influenced by bitcoin because it rose to $8000.

LTC is one of the huge volume altcoin and purely follow the Bottom way, so Once Bitcoin will going to moon automatically it will also raise constantly in crypto market. If you think BNB will going faster, obviously everyone accepting because of last year ratio and future is unpredictable so I hope LTC also moving faster on further hype.

seem great time to start holding some Litecoin
when you share this article price of Litecoin $46 and now stable at $27.8
thats a great profit if you buy at $46 you gain 5%, of course is small profit in crypto, but i think Litecoin can reach $50 +

Nope. Most likely price of Litecoin will peak in 2022 again. Right now is close to bottom. So It is very hard to expect to go from bottom to ATH in a single year.  

I think it is worth investing in LTC, because the coin itself is very promising, and now it has positive news.

Litecoin should have already made progress as it's one of the primary Cryptos but unfortunately there has been no progress post 2017 pump and dump. I am still skeptical about any further developments when it comes to litecoin and I think it's not worth risking in litecoin now as we have better altcoins to invest nowadays.

We will not deny that Litecoin is one of the solid project in the market it also have a huge volume and fast improvement from the time its introduced in the market but this is not enought to break its all time high maybe if we can see bitcoin touch its all time high because some altcoin will follow its trend.

We can't know for sure what will happen, most of us waiting for a bull run for altcoins and don't know if will happen for all or the time, but litecoin should be the one of the altcoins that will grow on bull run, not huge total amount of coins and is listed on big exchanges.

Each person will have different investment options but Litecoin will certainly be a good investment option during this time, so the value of LTC will still increase very well this year. Currently, Litecoin is recovering very well in recent days and I believe that if all goes well, investors will make a lot of great profits. However, it is difficult to know what will happen next and it takes more time for the coin to rise.

I have also been trying to find lots of new coins during this time and most of the projects using IEO form are worth your consideration because of there will be many good projects.

especially after the halving done by LTC I think when there is a pump on the market and the demand for LTC has also increased I think the price may grow far from the current price.

LTC has been halving 4 months ago. but what happened? the price even went to down until now
when LTC halving, which happened 5 Aug, the price was around $ 86, but now just $ 48
so it was down almost 50% from its halving price
I dont get shocked, bcz I know that it's bearish market. it happened not only to LTC, but almost of altcoin
that's why I dont wanna invest in any altcoin at this time.

Litecoin under pressure to maintain market position
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Promising for what? Positive news it not enough to bring litecoin to the moon again especially to break another ATH. it's very difficult at this moment or impossible to happen.
Litecoin needs thousands of buyers to make it happen and the price of litecoin is very close to the bottom price. Remember litecoin is not having something useful to be offered by the buyers.
There was a lot of speculations about the future of litecoin to be a payment system but that has not brought the bullish for litecoin to leave the bearish market.
Bitcoin is the only thing that can help litecoin to do that.

still too early for Litecoin to reach the peak again although there is a lot of good info about this Lite ,however its currently at lowest point as well we have to think about some other risks ,unless there is a bullish bitcoin happening this year so we can also see Litecoin heading towards a new peak mate

It's hard to say.

I think that LTC may be entering a period of long term bullishness because of the fact that it was hit especially hard in the bear market, despite the fact that many of its fundamentals still remain the same and it is still one of the most liquid coins (which is what investors seek, above all) with the most markets.

Also, it has one of the lowest transaction fees, so it should get a boost in demand once the market gets heated and major coins transaction fees on average skyrocket.

Indeed, it seems Charlie is already done with Litecoin, he almost sold his holdings so I think he just don't care anymore how slow the development of Litecoin will be since his don't have that much benefits anymore.  These new partnership is just some cover for the lack of development of Litecoin, though I also think that it will, from time to time, get pump but after that will surely a heavy dump from major holder of the coins.

Not only the Litecoin is facing the problem of sluggishness but all other cryptos are in the same way. If the whole market grow again particularly the Bitcoin surge is important then the other coins will move forward again.

The entire altcoin market is suffering for a long time and it will recover when we see a huge rally in bitcoin and if you dream about a rally like we saw in 2017 then the alt coin market usually rises after the bitcoin rally and i am also expecting the same this time around and i am holding some coins and i am waiting to sell everything and focus on one coin for the next four years  ;).