Bitcoin Forum

Litecoin team are working on new update called "Block Extension" to make coin has Privacy option.

LTC new update will meet huge pump in the next few days.
who else expect that?

Not quite sure about the Litecoin's update is it their update of privacy protocol? I've read it before but it's just a speculation and there's no basis for the pump but I as well is expecting for a Litecoin Pump because of their update on privacy protocol.

We can't just expect another pump if there's an update for Litecoin.

I honestly waited for its halving last time and thought that it will be the main reason for its surge. But as I wait, all of us saw that there's nothing happened after the halving.

Who knows if this update will make it pump.

Wow :o, of course this is something that everyone really hopes for, because this is a very good opportunity for people who have the capital to collect LTC at this time, if indeed in the next few days there will be a good price increase.

is that means litecoin will have become another monero that will be targetted by IRS, It looks so funny to see that to happen soon.

These days the popularity of the privacy coins are getting less and less and i doubt if such news can bring a huge pump for litecoin.
IMO if that will be about 10% - 30% for the litecoin's price.

Honestly, native coin should also join in the trend too.

Monero and ZCash are %100 privacy coin, but Litecoin will add privacy on extension block (optional), this will make it Privacy and None depending on transaction type.
It will make it even better than Zcash and other only privacy coins.

I am not sure if that update can make litecoin price have a huge pump, but it could happen since litecoin has a large community and fan. If that pump will coming, I guess from now on, we will see the price will move step by step, and we will see something happen the next week. I only think that litecoin needs more time to increase, even if there is an update from the project.

So I think we still have more time to buy more litecoin, just if the price will have another pump because buying it now will save our time once the price starts to increase.

Lol, so in essence what you are saying is other privacy coin are favourite of hackers because they are private? I think you are wrong in this case, if ltc will add privacy as an option will make it more appealing to those who are interested in having or making transactions with privacy coin,  it will be an added feature over other coin, given users the option to use as privacy or not, this ie good in my opinion.

I come to like Litecoin because it is a good alternative to Etherreum just when Ethereum is hitting an all-time high with its  transaction fee, my 25 cents worth of transaction on Litecoin is very much worth on $25 worth of Ethereum it's a good alternative together with Dogecoin and Tron

Updates play very big roles to pump price in the bullish market. After the halving of Litecoin last year, the price has been falling so much from its last peak and with the stable inside an upward trend of bitcoin and crypto market, I expect to see Litecoin rise soon.

The development plan and progress to increase privacy for Litecoin user began in 2019 and I will be happy if the news on its upgrade is coming.

Although fee on Litecoin network is good and better than on ETH network, I don't consider Litecoin as an alternative for Ethereum. The coin was built as an alternative for Bitcoin. Bitcoin is Gold, Litecoin is Silver, as people said.

Litecoin (LTC) is one of my favorite coin. Because the transaction fee of Litecoin is much less in comparison with ETH and BTC. I have some LTC in my wallet right now and I am waiting for LTC Pump.

But we must remember that the hardest thing to do is to guess with cryptocurrency. After the LTC new update, the price can be dumped without pumping. We also have to keep this in mind.

This is one of the best feature of Litecoin, since it is a forked of Bitcoin and really based on payment. About the fee on Ethereum compare to Litecoin, these two great altcoins are totally different, so I don't think it is right to compare these two altcoins.
On the Bitcoin side, I really admire Litecoin since it's created to help other cryptocurrencies just to have more options on payment.

I suppose OP is talking about Litecoin implementation of the "MimbleWimble" Protocol. I would be surprised if a top 10 coin would be "pumped", but wishful thinking ain't forbidden.

You'll find more information about the implementation in this extensive article: https://medium.com/interdax/litecoins-mimblewimble-extension-block-proposal-209337b38b11

And the most recent update for Litecoin (testnet going live in a few days), right here: https://litecointalk.io/t/mimblewimble-progress-update-thread/26678/49

Need a ltctalk account for that last link, tho.

This is absolutely brilliant and necessary step by Litecoin team they really need to do something positive to maintain the strength of ltc, I am expecting after this update the struggle of this iconic coin may over and it may rise again, lot of people still have trust on this coin hopefully they will not get disappoint after this update.

They might have an update but we don't know what will be the effect of this to the investors and holders' sentiments on it.

Either way, Litecoin is the next option right now to transfer funds since Bitcoin and Ethereum are having a high transaction fees as of this moment. One problem that I see is that there are not that much exchanges/sites that are accepting Litecoin. I'm not a holder but if this new update will make Litecoin pump, I might hold some of it in the future :D.

I felt failure for Litecoin last year when they change the logo of the coins and thinking this is the next coming of LTC but nothing happens.
Now there is a new upcoming update how can we be sure that this is a pumping materials?
do you have good explanation why investors trust this and how this will make the market in favor of Litecoin?
this is too soon to predict,they need to prove first their intention and lets see what will come soon from LTC team.

Litecoin has always been doing all these new updates BEFORE Bitcoin so I'm not surprised at all by this new development, although it's also fair to say we haven't heard much from LTC for over a year. Not a pump news though I'm afraid. Business as usual.

Last time litecoin gave huge bull show which was not even expected from them, I am still holding from quite a while now and i want to see some sort of similar ltc bull run, although market dynamics have changed a bit now but still we can still hope for big bull run which just looks like an unstoppable pump.

I saw the roadmap on the website and saw some information about the development of Litecoin at this time there was no good development anymore so I think Litecoin will only have price movements depending on bitcoin price movements which are only affected by interactions between buyers and sellers at the exchange .

No matter what the update is, i doubt if LTC will ever pass the 100usd price mark. Litecoin usage is gradually declined and investors are shifting attention to other payment tokens like ripple.  Ampleforth is even doing better. Litecoin has never make any meaningful progress for the past 2 years.

Every trader and every investor will expecg it, moreover with the current situation where crypto currency are in the bad market, most of them will choose a coin that has strong fundamental that could lead the price increase a lot.

I often this thing in crypto market, so as there will always chance to gain profit in this place. You don't need to wait until the bad market gone to double your money but you have to diligent to find a fundamental factor that could give a big impact for the coin price movement.

as expected, LTC pump is just started.

It was going 64 to 65 dollars when market was green few weeks ago. Its interesting to see if this update make price up for LTC. These days only defi coin makes fomo and many people got liquidation in the DeFi. Few people makes profit from it too. But when price comes from 10 to 2 then Noone can afford it. LTC is good to hold compare to all scam defi project.

Maybe it could happen because at the halving yesterday there was no significant change in LTC, maybe it's time to wake up from a long sleep.
I personally still believe LTC is one of the most popular altcoins among investors.

In fact it was a goodnews for a LiteCoin and i can also feel that its valuw wouldn't get up as high as $70. For me any updtes of a cryptocurrencies was a good news and also a good indication that someday cryptocurrency values may get back like itsvalue wayback on the year 2017 where i guess was a lucky year of cryptocurrency. And in fact theres a lot of ways where we can get any updates regarding those token updates.

i just purchased Nintendo switch eshop card with Litecoin. it takes less than 3 minutes to complete and confirm order on egifter and transaction fees was very low (0.00000145 LTC = $0.0000725).

thank you Litecoin for the fast and cheap transaction. it was really great.

by the way, here is topic listed my games if someone is interesting to trade switch account :
https://bitcointalk.org/index.php?topic=5173332.0

Now the trend is that most people invest in defi projects, while old projects remain in the background. Any updates are a good sign for holders, it is clear that the team is working and there is a chance for the price to rise. I don’t know will we still see such growth as it was in 2017, now the market has changed and there are no big pumps, everything has settled down.

This will be great news for those who continue to collect ltc as their asset so that they can get a breath of fresh air from their efforts in accumulating their LTC assets. good luck guys

but, the fact litecoin still become the TOP 10 coin at coinmarketcap list, thats mean a lot of people still believe with this alt my friend
i'm sure when the real green market coming the price of litecoin will grow more than $100 again my friend  ;)

We already have enough privacy coins in the world. This will not cause a pump

I have not heard of this news, but I believe that it may affect LTC for the better. The development of LTC is important for me, as I use this cryptocurrency and hope for its success. But still, I am more inclined to believe that a new flight to the moon will be possible only when there is growth in the market. There is a possibility that in November there should be another growth in cryptocurrencies and LTC may well show a good result. As far as the update goes, this is a welcome event and could well draw even more attention to the coin.

If i am right, this is a new implementation proposed by a bitcoin developer and i am not sure whether they have done enough testing before implementing it. I have a doubt how it will improve the privacy if they implement it, anyone could store the chain state and that means anyone could track all the transactions. If i am wrong i would like to know if there is any changes made in the program before implementing.

I have seen projects where the news or rather their update didn't have much effect on the price thereof thus confirming the fact that many factors influence the market. Don't get me wrong, not saying with certainty that the price will not pump, only saying that there is no assurance that the update will cause such.
Therefore, I think one can invest but have in mind the expected results might not be achieved.
About the update, I must say it is a good one because it shows the team are active and still rolling out updates to ensure their platform still stand the test of time. On the other hand, privacy option is very much welcome in this space as it will go a long way in making people own their personal information more.

I don't see this as a positive thing for Litecoin, the project is stalling and the project was not marketed as a privacy coin like ZCash and Monero. If I needed to use a privacy coin, I would rather go for Monero because I am sure of its privacy not Litecoin or Bitcoin

If indeed the Litecoin team can realize their new project known as Block Extension, and making Litecoin have a privacy option,
of course this is positive news that can make Litecoin price pump. As a Litecoin holder, of course I welcome this new update,
I hope it's true that Litecoin's price can be huge pump. So I can get a big profit from Litecoin.

I assume you're talking about MimbleWimble (https://cryptopotato.com/litecoin-launches-mimblewimble-testnet-advancing-scaling-and-privacy/) a test net which the LTC team released only hours ago? 

I think the expected pump won't happen over the next few days as following this launching the team still needs to attract "enough participants on the testnet which the team hopes will be in a couple of days.", and so I think the effects on the market value of LTC will likely be delayed. And so I'll be expecting to see LTC gaining momentum within months, rather than days.

MimbleWimble testnet is something LTC team needed in order to ensure maintenance and popularity of the coin, specially since over the last year or so since the price slump.

This is the season litecoin use to pump more than others crypto. According to researcher every investors should get ready because litecoin is about to surprise investors who love to use litecoin to invest.
Many that have interest on altcoin since they heard about litecoin that what happened in some years ago is about to happen again when many other investors quite and join litecoin to get a good reward.

You said in a few days, it doesn’t work that way. They will first release the update and when investors starts seeing how good the update is, they will start investing more money in it if they really believe that it’s a good update. Litecoin is a very good cryptocurrency already and I buy sometimes. It’s on the list of the top choice of coins one can make.

Ethereum is another one that will likely be going through huge pump after the Ethereum 2.0 update. Now it’s the best time to start investing in these coins, the market is in a normal condition and also the prices are low.

I don't care about the updates that the Litecoin Team is doing. Because the changes that do occur don't give rise to the price on the exchange, and it never hits the 100 $ price.

Pump high only reaches 65$ and back to the beginning of the price.

We will see it later. I think litecoin will have a chance to increase again, but I don't know how high litecoin price can increase. Maybe the price can touch $100 again in the next year, who knows.

But litecoin still wait for a while, especially if bitcoin price can not increase high because litecoin will be behind on the bitcoin price. And like the other altcoin, litecoin needs more support to increase, and I think the progress so far is good.

If its true, then its a good news, but upon checking the blockfolio well i dont see any huge progress so far but this pumping value percentage is not bad also for having a  value of $47 and having a +2%, hopefully lets wait for the huge pump coming if ever. But then i'd still never belittle any kind of altcoin since every token has their team behind and know for sure they are working hard to upgrade and doing hard to develop their altcoin project more.

Main value of LTC is that is almost total copy of Bitcoin. Just with more coins and faster blocktime. Beside that it adds all improvements that Bitcoin adds and dont do any changes on its own. That is what LTC community likes about LTC.  Now there is plan to add some mimblewible to it fro optional privacy.  I do not think people will like and use that much.

Because of negligible mining fee and 4x faster average block time than Bitcoin, there are lots of on chain use cases of Litecoin. Slowly application developers have started to notice it and building around it. I personally believe, Litecoin has a great future.

I don't sure whether there will be a huge pump or not but I'm hopeful that new update could actually do something better. Litecoin's huge price movement has not been seen for a long time. So if there is a big movement, it will be good for everyone. But whatever, I'm with Litecoin for the rest of my life & will stay.

Looks like ltc has been range trading for too long maybe the pattern is quite similar to btc as it is also not showing much volatility.
But the positive thing is that soon we can expect ltc and other top coins like btc or eth to break out of this range and from then on we can expect the bulls to control the market.

I don't think so. Litecoin (LTC) has been in the news for a long time but I don't see price improvement. Litecoin (LTC) is about to come. But it will be a little late.

Good news for me. I was waiting for such kind of news. I hold 2.581 LTC.

Then it will be much better than monero and Zcash which is already a privacy coin. I also like to use it for transactions because of its low transaction fees compare to ETH. But the Price of Litecoin didn't change that much since then. This will be one of the best features of litecoin if they succeed to implement this. This could change the market value of LTC.

both LTC and ETH are good altcoins.

transaction fees are much lower on LTC network.
while transactions are faster on Eth.

but for the long term, LTC is better than Eth,
because Eth has no limit on max supply (+10% per year), while LTC has decreasing supply limit to reach 84m.

We can hope that the next week, litecoin can increase because bitcoin price can increase this time. The huge pump will come soon, but we need to be patient because everything can not be rush. The team behind the project will work hard and ensure that their project can have a bright future. That is why the team is still trying to continue every phase to run for the long term.

Talking about using. I noticed mid of September number of Litecoin transactions increased a lot. From around 40k a day t even 150k a day. That is a huge x4 increase. Do you maybe know why is that for?

I am going to deal with Litecoin, the reliable old cryptocurrency. Despite Litecoin pretty low rate, LTC is amazingly popular. Miners even continue to call it digital silver as we know (Bitcoin is gold). It is a really very good platform that has already shown its stability and keen interest from users.

Exactly. Litecoin is way under the radar right now, as most people are focused on "De-Fi" platforms and tokens to make a quick buck. This means Ethereum will be getting all the spotlight, while Litecoin and other old coins will see reduced demand in the short term. I doubt that the new privacy update will have a positive effect over Litecoin's price on the market. Everything might just remain the same way as it is right now. It's unfortunate that Litecoin is not as popular as it was before, considering that it was once compared as "Silver to Bitcoin's Gold" (due to its limited supply of 84 million coins). New coins have taken the lead with better features and faster transactions than LTC itself. At least, the Blockchain network is healthy and strong enough to sustain 51% attacks in the long term. As long as this is the case, Litecoin will remain a usable cryptocurrency for the world.

Nonetheless, anything can happen in this strange and bizarre world of crypto. If a huge pump comes right after the update, most people will become interested in Litecoin. But the developer team needs to continue providing innovation for the cryptocurrency, if they want it to remain in the spotlight for a long time. Otherwise, Litecoin will be flying under the radar of many investors and traders alike (like it's the case right now). With many cryptocurrencies out there on the market that are better than Litecoin itself, the fierce competition will prevent LTC from having further gains in price. Therefore, reaching $100 per coin doesn't seem to be feasible in the short term. Just my opinion :)

Well, one of the reason is definitely lots of Exchange to Exchange movement for arbitration. This is happening on Litecoin blockchain due to high fee of BTC & ETH. 1 Litoshi/Byte, i.e. ~0.00005 Cent/Byte, transactions still get confirmed on Litecoin blockchain within ~2.5 minutes, which is a rare case on almost any established blockchain. Moreover, using this feature certain games like LiteBringer.com and Chain-Bet.com are building a future for Litecoin HODLers. These are probably the reason of recent transaction spike.

I didn't find any news regarding that could you plz give me the link ??I think they are working hard to developed the platform that will be a positive sign and it will helps to get a good pump .However i need to know the details.

To be honest，i am pessimistic about LTC would huge pump due too new update.Although i hope this is true really,but i am not expect much and only just want to treat it ordinary.Because one thing is clear: the higher one's expectations, the further they fall.

I remember the halving of LTC and it said that's it's going to pump but it didn't really make an impact. But since this one is a technological update, it could be an attractive point for investors to put in more money and have an increase in price. If the impact of the update will be beneficial for all the users, I think it would increase the price, but for now, I doubt it would have a big impact in total.

We know that most pumps are because of HYPE and maybe if this goes viral and then we will see the result.

Ltc is my second favourite altcoin. It has shown a good movement in price at February this year. Then it fall back during the crisis of March month. And it couldn't gain back it's old position. Recently some other coin have overtaken ltc at marketcap. A technical update may bring back a lot of investor, but can you provide the source of this news OP.

Great news, lucky I've bought it before

imo Litecoin actual value would be $75 to $100. currently it's undervalue.

I am still tried to invest in litecoin for the last few months, and I am waiting for the price to increase. Even if I need to wait for a long time, I think I can do that because I see litecoin still has a chance to return to the high price. But depending on the other coins such as ethereum, maybe litecoin will not pass the ethereum price, but I don't know. If litecoin price really can touch $75-$100, that will be a great time for us to sell litecoin at those prices, and we will make a big profit.

LiteCoin is also a potential coin. By long term hold anyone can make profit from LTC. I hold some LiteCoin and now i see that if i sell them then i can make 20% profit. So i suggest those people who want to invest money, they can invest in LiteCoin. I think LiteCoin pumping more.

So, what's the trading opportunity in your prediction?
I believe this is the right time to buy the coin and wait when they pump you'll immediately sell.

Am I right?

Many many supporters of ltc including me are getting disappointed considering this long and frustrating price levels of ltc, it just seems to have stuck in ranges. Ltc is very undervalued and it should soon breakout or it will become too boring for too long kind of situation.

I don't want to lose any top coin update news. A big opportunity of profits got this big announcement. Thank you for your information. I will look into it to make little investment. There will be more if you share your information with us. Although so much time is already over after you post, we still don't have any news.

I have been following Litecoin updates and this cryptocurrency in general for a long time and I think even without this update, Litecoin price will have to grow in the near future, because for a long time there has been no good growth of Litecoin price and with Litecoin max supply of only 84 million I am sure that this cryptocurrency will grow in several times at least already soon.

I don't see the appeal of Litecoin right now, most altcoins track the movement of Bitcoin and the market is.
The biggest focus now is DEFI, the new DEFI projects receiving more attention. Litecoin is just a currency that makes it easier to deposit money like Bitcoin or other currencies. If it comes to anonymity, Litecoin's upgrade is nothing special as Moreno did it a long time ago. Look at Moreno's values, they don't have many breakthroughs.

If that really happens, I think Litecoin will go up, even higher than last August. I think I'll put my money in there a little.
Thanks for your information

That’s right, this year’s Defi project is dominating and many investors are eyeing this project because it provides a very high profit, whose tokens grow hundreds and thousands of percent in a matter of days. But many experts say it is altcoin season that is leading the entire crypto market up where its development has had a positive impact on the price of coins. So we have to be patient waiting for LTC to rise.

It is the dominance of the cryptocurrency trends that have destroyed the crypto market and mispriced it. The current cryptocurrency market is too small and very risky for investors to pour money into.
Organic growth is not generated but FOMO, FUD and exchange rate manipulation. More effort is needed to clean up the crypto market.
I've always believed that the value of technology is at the core of any currency. Litecoin and Monero are good projects, the current price is not bad compared to 2016.

This is only prediction. And the prediction is not always 100% sure, many times it is seen that the market goes in the opposite direction. No coin should be bought in the hope of a sudden market pump, because one day you will be impatient if for some reason the market is not pumped. If a coin has news of upcoming development and news of a major upgrade, then that coin can be bought and hold for a while.

You are all happy to think that privacy feature will be added in litecoin. Whereas I am thinking that like other privacy coins, litecoin will also be delisted from the centralized exchanges.

Agree. the completion of any prediction is not guaranteed. and Of course, every investment should be done after proper research.

they talked about that point in the interview, Litecoin wouldn't be delisted because it's not privacy based coin like Zcash and Monero, they added privacy on extended block to keep it safe on exchanges and privacy is only optional mode for users.

Not all news can create a price pump. This is just pure speculation. This can affect the price in the long run but it is not guaranteed. There are other blockchains which can offer much better privacy and security. Litecoin is quite an old technology. I don't see much demand that will create a huge pump with this news, but this is all just my opinion. Do your own research and Technical analysis.

Research is definitely important, when investing in crypto. There are always different types of hype in the market, and many investors lose their money by being attracted to all these hype. New exchanges always prefer to run after hype, but they have to face huge losses due to this habit. So before investing in a crypto project, it is important to do good research about that project.

As litecoin belongs to top ranked coin, so expecting a big pump from it, isn't a crime!! If litecoin update its Block Extension system for theirs privacy & proved itself as secure like monero or zcash, then it will become so trust among its users & as a result, we could see a big pump from it.but litecoin is react as stable coin since long, no progress at all.so a big pump maybe so hard for it.

The case of Litecoin is a rare one within crypto land. While other coins with new updates enjoy of higher prices on the market, Litecoin doesn't seem to behave the same way. I guess that Bitcoin's "sibling" has lost its luster in the mainstream world. Demand for LTC is much lower than other prominent coins on the crypto/Blockchain space. If the trend continues, Litecoin might as well remain stagnant in price or go all the way down the drain. Of course, the new update will make Litecoin stronger as a Blockchain network for mainstream payments. But adoption will still be low because people are focused on "De-Fi" right now.

Nonetheless, many coins pop up every once in a while with new shiny features. This tells us that a pump in Litecoin's price will only be temporary. The competition is getting fierce, making it extremely difficult for Litecoin to catch up with bigger projects in the crypto/Blockchain space. With little to non-existent development on the Litecoin project, it seems to me that new ATHs for LTC is nothing more than a distant dream. Just my opinion :)

I do align with your view, Litecoin was not able to attract big investment for a very long time and there was nothing go on with the development and the lead developer came out and gave publicity that he sold all of his holding during the last rally which will not give confidence to any big investor and with many other projects that are attracting huge investment i think Litecoin will be left aside for any huge rally.

Just think about how useful the partnership that has already made and if brings the more usage for litecoin and then it will give a good impact but it looks like the community is not yet seeing it as the best update that can be brought for litecoin.

In fact if this privacy feature of litecoin has been cooperating with cardano to make it happen.

LiteCoin and XRP has been struggling for over two years and this update has no little impact on the price may be probably as a result of the DeFi mania we are currently in.

litecoin lost moment when they release big update,timing was not correct while investos still  in defi euphoria . we know it from trading volume in uniswap that increse extremely in few months even could be coinbase trading volume. maybe after defi trend slowly down , existing coins like xrp and litecoin could get attention again from investors and price will move smoothly.

LTC started 2011 with limited 84m total supply. currently mined 66m (%22 left)

this was 2015~2017 (LTC-BTC)
LTC pumped from 0.0032 btc and passed 0.02 btc (+%600).
https://i.postimg.cc/wvts23Q9/3.jpg

and this 2018~2020 (currently)
https://i.postimg.cc/BvS2dnMW/2.jpg

source :
https://hitbtc.com/ltc-to-btc (https://hitbtc.com/ltc-to-btc)

Litecoin come from reputed coin list, has potential enough to progress and go ahead. Long time ago, i only used to hodl ether & litecoin and imagining the great future for both. Ether has developing a lots but litecoin can't. Still stuck with the 10x down price from its ath, that it has, since long time.i don't think this privacy update will be affect the price of litecoin & we ever see the big pump but I'm quite Optimistic for it

i'm holding Litecoin for years, and i won't sell it because i believe people will need Litecoin someday later and give it more value when Bitcoin fees get higher.
today i only charge my PS4 and Switch games using litecoin, it has low tx fees and much faster than bitcoin.

I remembered when its price arose up to 90 dollars. I saw how it moved up fast but no matter how the current price of litecoin right now, it will definitely reach and surpass its ATH. With this new update, we will assume that more traders will turn their heads in litecoin. As of now, we can`t feel its price but those who are in a long term investment in litecoin will definitely be happy. Because litecoin is for a long term position, when cryptocurrency becomes the mainstream litecoin will goes back to its price. BTW, I have searched that the ath of litecoin was 360 usd.

yes LTC price was reached 360 usd.
now people are following DeFi while smart money are buying Litecoin.

I don't really anticipate a big pump will happen for Litecoin at this point. This has been speculated so many times and that didn't happen. If bitcoin moves then the alts moves including Litecoin. I am going to expect that many will buy LTC once the update is near and that is ok. You are actually helping the coin and I don't think that LTC is a bad investment. This is a good investment and you just need to be careful in making decisions that would affect your investment with LTC. Good times ahead hopefully for us investors.

Privacy is important for many, maybe i want to send you money, and i don't want you to know my total balance.
Privacy is not for hackers only.
Privacy is one of most futures that cryptocurrency has.

Litecoin is indeed a good coin and in my country, a lot of communities are mining Litecoin coins. We used to be very happy because Litecoin touched 0.01 BTC but now the price continues to decline, but the rank of Litecoin is still in the Top 10 best altcoins.

make the current decline a potential. We have seen LTC is very expensive, and now we can also hope that this situation can happen again. BTC started the pump and it is not impossible for other altcoins in the top market to follow the BTC market.

BTC pumped %4.5 today, LTC pumped %9 and imo LTC still undervalued and i won't surprise if LTC reach $100 this year.

How does that make it pump? litecoin during it halve did the worst in my opinion becasue many of us waited for this opportunity to come but never came. The current update from litecoin won't come along with pump because this update have no association with price pump as we have seen in the past. Well, if this update will surely bring into place litecoin price pump, so be it.

Privacy already applied on test net, and will be on main net by the next few months.
Yes, i see Litecoin was boring last 2 years, but this new update is huge addition to Litecoin.

Currently we only have few little privacy coins, LTC will be best one because it's oldest and Privacy will be optional for users.

Litecoin owes its price increase to the fact that the price of Bitcoin has grow and to the fact that PayPal announced today that accepts cryptocurrencies.
It is possible that the price of Litecoin is undervalued, but if the price goes up, it is due to the fact that the prices of all cryptocurrencies will go up thanks to PayPal.
I do not see the possibility of a Litecoin pump in the near future due to its development. This type of speculation has been around for a year and nothing has happened, I don't think anything will change any time soon.

i can see Litecoin has most gain recently, and this is still big chance for price to increase more.

There is another good news for Litecoin.
Litecoin will be accepted on Paypal purchases, in add to Bitcoin, Bitcoin Cash, and Ethereum.

source :
https://www.finextra.com/newsarticle/36795/paypal-to-support-cryptocurrency-across-it-consumer-and-merchant-network (https://www.finextra.com/newsarticle/36795/paypal-to-support-cryptocurrency-across-it-consumer-and-merchant-network)

Wow, this is great news for Litcoin(LTC) holder. I think LTC will double pump after this update announce. Where Bitcoin / Ether has 5% pump there is in Litecoin(LTC) already 12% pump there.

Litecoin is getting huge attention in the market in the last 24 hours it has pumped 11% which is a great show as a crypto coin, I always feel this as one of my favorite coin because it has the potential to bounce back.

Expectations are higher for long-term but still depends on the market situation but for sure a worth investment without any doubt.

I was pretty sure Litecoin team completely abandoned the project months ago. Really surprised to see this kind of news.
I still don't believe it has the potential to break through $100 level, nevertheless news are good LTC deserves places under sun

i see new pump just happen in LTC price.
i expect it will goes higher, because Litecoin has lowest fees between 4 supported PayPal coins.

It is good to know that there are developments with this old alt. Few months back, I read here in the forum that there's really no development going on. With the inclusion of LTC in PayPal, devs of this coin may be motivated to be more visible with what's going on with this coin.


I thought the same thing because rumours are saying that no development is going on with LTC. Maybe devs will change their minds now.

History could repeat itself.
Litecoin is undervalued currently and it would see huge pump by the next weeks.

The whole industry will be pumped if btc will continue its grow. Bull market vibes will affect almost any coin

Litecoin is just a fork of bitcoin and follows the bitcoin chart mainly, I should have known it would dump when Tom Lee said he sold all of his litecoins when it was around 100$ in 2017 , Of course, he knew it wouldn't stay that high for a long time that is what that made him the chief of litecoin , Maybe if it brings something innovative into the market and crypto community it can gather some attentions again till then I avoid trading it , if I want to do that I would rather go with bitcoin.

First i respect your opinion. but you're wrong.

Litecoin is not a fork of bitcoin. Litecoin is separate coin was created in 2011. it started new blockchain with many changes from Bitcoin as like faster blocks (transactions) and different hashing type. if you talk about forks there are BCH and BSV. not Litecoin.

Litecoin was not around $100 in 2017, it was around $350 you can see price on any exchange, $100 could be visited this year after Litecoin optional privacy update and PayPal support.

I don't care if Tom Lee sold all of his litecoins, it's not centralized coin to be effected by one person. Litecoin is standing in Top 10 MarketCap for 10 years since starting.

Thank for your sourse, LTC seem moving on this time. But I still have the reason not to trust LTC because its founder - Charlie Lee has sold out all of his coins, so I think the pressure to sell LTC is huge nowadays, it's hard to reach those higher price.

Litecoin is not centralized coin to be effected by one person. Charlie Lee is founder, not owner. if he or other sell his coins, it's not problem with Litecoin itself, and maybe Charlie Lee will buy Litecoin again when he find the coin becomes successful in the coming days.

We all know Pizza story. one person sold all his 10k BTC for one Pizza, is that means Bitcoin worth that little?

Your chart seems to be of interest. For me, the fact that LTC adds privacy features to their blockchain is a plus for me. I almost trade USDT pair, and LTC/USDT pumped around 15% over the past few days. I'll consider to enter my position.

And the pump still continues up to this point, more than 20% in the last week? that's huge already assuming that LTC is so quite that I think everyone is missing this coin already, except for gamblers who have been using this as deposits to gambling platform. But wit the updates, more investors join the bandwagon and taking huge profits. Volume wise it's in a bull run already and it's crazy.

Long back during its time of halving it was predicted to grow big in Value. There is no big change experienced, later there is gradual move following the growth of bitcoin. Over the past week the growth is big and the same is predicted to continue. Litecoin is much preferred for the low transaction fee, once litecoin was much preferred as investment on the order of bitcoin, ethereum, litecoin. Now once again litecoin is gaining its importance.

Something good and it can be expected to give a pump effect even if it is a little, but I hope the update is successful. It doesn't matter how big the pump is because this update is very interesting to me. Of course, if it works, there will be an increase in the use of LTC to make transactions.

If the planned update was carried out at a market moment like this I think there is a high chance of success. but it all depends on how the purpose of the update is carried out. when the goal is increased market adoption, the measure will be increased demand before and after reforms are implemented.

Me neither. The majority of people right now are focused on "De-Fi" and big cryptocurrencies like Bitcoin and Ethereum. Litecoin is an old cryptocurrency with very little development since it came into inception some time ago. The update might make a small pump, but prices will remain more or less the same in the long term. The only way Litecoin will be able to reach new ATHs in price is if Bitcoin goes all the way to the moon. Altcoins usually follow Bitcoin's uptrend in price within the market. But LTC going up in price on its own it's only a dream than anything else.

In the end, Litecoin will see declined demand because of its low development activity and innovation. If the LTC dev team ramp up their development efforts, it would be another story. But as long as LTC remain as is, it won't be going anywhere. With so many competitors on the market with better features and greater performance than LTC, Bitcoin's sibling's (Litecoin) place on the market may not last for long. I hope I'm wrong and Litecoin gets increased demand over time just like it's the case with Bitcoin right now. Just my thoughts ;D

Yes. We hope that after the Litecoin update there will be an increase in price. Litecoin is also one of the slowly moving coins. The highest price for Litecoin in 2020 was $ 80. Litecoin supply is lower than Ethereum so it has a great opportunity to increase the price. It really depends on the Litecoin developers to make their platform popular.

If it is really true and it it will really going to happen then it will most likely regain the reputation of litecoin in the market and will regain once again its high rank knowing that for the previous year this altcoins is really sliding down in the market ranking which it very unusual for this coin because I think in some point it manage to take on the list of the top 10 ranked cryptocurrencies. Looking forward to see this be huge and ground breaking update for LTC.

I think as we get closer to updating Litecoin with the integration of MimbleWimble's privacy technology, this will be of great interest to traders.  The added privacy features as a result of the update will help attract new users who are currently using Monero and Zcash.

many people think pump is over. currently smart money are buying Litecoin while most still focus on De-Fi.

I think the increase in the litecoin price happened because of the effect of the increasingly increasing price movement of bitcoin because when I saw the roadmap for the development of Litecoin there was no good update for the future so I am very sure that this is the effect of the rising price of bitcoin.

I agree with you, I've been holding litecoin for about a year now and I can't remember the last time we had a substantial increase in the value of litecoin. In most cases, there's a little ups and downs which doesn't necessarily bring any difference as as such its not worth the sales.

IMO, LTC will win the race in 2021 because it's one of oldest legal coins and it has low fees as well.
Today i received Bitcoin payment from bitcoin site, it was about $110 and i paid fees $8. i feel like the blockchain tx fees is sharing my profits. it was too much actually.

Litecoin price movements from a year ago do look good because they seem to have risen so sharply and that many people who are still holding litecoin can get huge profits, wait until there is better news and it will make the price more expensive than today's price.

This is another update hype after ethereum update hype. Eth had gone good market price increase after it announces that they will going to have a good update. The eth market then rises up and I think that was because of the hype.

However, I still too believe that LTC could be hype or that it couls also make a good market after they would officially announce an upgrade with their network.

i have strong feeling that LTC price will be doubled in the coming weeks if Bitcoin reach $20k

why? Bitcoin fees will be higher in dollar when price goes to $20k. it could still same in Bitcoin, but more in Dollar.
many people will move to good alts with lower fees. i see Litecoin is one of best altcoins which has low fees. it's most similar altcoin to Bitcoin but when Bitcoin started, i mean low fees, and even faster.

So where is the expected update?
I am myself holding some ltc from very long time but i think that ltc has nit been able to break ranges for longtime now, i agree that now btc has to take decisive move up and hopefully market will follow it including ltc.

actually, if you already hold it for long term, let's say from 2017, you already missed your first chance. but as OP said i believe that from the latest development ltc price will be pump again

I hope so. It's been a long time since Litecoin has been under the radar of many investors and traders alike. Maybe Litecoin's recent developments will allow it to reach new ATHs in price? It's good to see both Litecoin and Cardano making a partnership, as it makes the crypto/Blockchain space stronger than ever before. Litecoin with smart contract capabilities would be totally revolutionary. It will be much more suitable for this task than the original Bitcoin (BTC) due to the fact that the LTC blockchain has faster confirmation times and lower fees. What I want to see in Litecoin the most, is the "Mimblewimble" privacy feature. It will totally distance Litecoin from Bitcoin itself. With this, Litecoin will be able to compete directly with privacy coins like Grin and Beam. Combine this with The Lightning Network, and you'll get a powerhouse of a Blockchain.

Nonetheless, time will tell us if Litecoin will be able to maintain higher prices on the market. So far, demand is low as people are focused on other big things in crypto such as "De-Fi" and NFTs. The halving event will continue to reduce the issuance of new LTC. But without a price increase, it will scare away miners from the Blockchain. Litecoin should've been worth at least $500 to $1k by now. Without active development and innovation, it's hard to believe it'll be going anywhere. Let's hope that doesn't turn out to be the case in the long run. The new partnership should give new breath to the Litecoin project, making it as good as it used to be in its early days. Just my opinion :)

I see them moving towards data security, which means LTC has big competitors like GRIN. This is considered to be the most perfect version of BTC as LTC, the position of LTC in this market is huge and has an influence on the market. The news has passed to the present time, the hype is meaningless, the present time is expected to 2021 will have a strong year of growth. And what we look forward to next year, I think LTC will surpass ATH.

Litecoin is one of the cryptocurrencies for which I have a lot of respect. It is one of the few first-generation cryptocurrencies, which are still surviving. In case of LTC, it has managed to not just survive, but also to thrive. Technologically, it is not a very advanced coin. But they have a dedicated team, which takes care of the bugs on time. However, storage is one of the issues with LTC, as we don't have a good online wallet to store this coin.

When there is a news, it doesn't mean that a token will guarantee that it will go pump, for sure that there are some people who bought litecoin when they find out about this new update. LTC for me is still in sideways so it will take more time before it create momentum, but if the volume will continue to go up and then it surpassed the resistance at $70 then expect that the price will make a rally.

Litecoin already have momentum btw, but you know it's all about the bitcoin bullish. because i believe that all coins will follows bitcoin trend. and about the news, that's how they create the momentum, by releasing news about what they are currently working on and they are also bringing out new innovations, so they are currently building momentum

What new update from litecoin to make pump, I think more than two months later litecoin still dump and growing up little than back to lower price again, need moment for bitcoin have reach higher price and give chance for altcoin back to higher price without have any bad news. I think litecoin become good long term investment and you can start to buy and hold under $70 because have potential for litecoin back to higher price above $160, need long term holding to see litecoin really back to higher price.

i agree with you, i'm holding Litecoin for years, i'm buying more because it's still cheap comparing to Bitcoin.
recently i started to accept Litecoin on my crypto sites because of high fees on Bitcoin.

for me, Litecoin is best alternative which is very similar to Bitcoin.

yeah where is that pump the op trying to push. i didnt feel that litecoin pump . he didnt provide links to check if what are the working dates for that upgrade and he still confidently say that it will pump for a few days , thats too fast but its already been two months have past .

alts dump season could also be the reason why ltc growth were stunted . i like the update if its legit , monero can now be threated for this because ltc is already more mainstream than it  .

to save high fees which apply on Bitcoin, we can notice huge increase on the number of transactions per day on Litecoin blockchain.

Blue = Bitcoin
Red = Litecoin
this is last 2 years.
https://i.postimg.cc/BZpRJ3sX/Untitled.jpg
source : https://bitinfocharts.com/comparison/transactions-btc-ltc.html#2y (https://bitinfocharts.com/comparison/transactions-btc-ltc.html#2y)

we can notice, Bitcoin has almost same amount of transactions in the past 2 years.
while Litecoin has more than double amount of transactions per day in the last 2 months.

Bitcoin still good, but it's money. no longer currency.
Litecoin now is best alternative to use as currency. fast and has almost no fees.
Litecoin is approved on many stores, as like eGifter.com, and soon Paypal.

Litecoin cost have a tremendous siphon, however it could occur since litecoin has a huge network and fan. In the event that that siphon will coming, I surmise starting now and into the foreseeable future, we will see the cost will move bit by bit, and we will witness something the following week. It will be an additional component over other coin, given clients the alternative to use as protection or not, this is acceptable as I would see it.

Yes, and for now I am also keeping a few units of Litecoin tokens because it would be great to have some Litecoin when the market is running high especially if Bitcoin is experiencing a good price increase, it would be very profitable.

Litecoin (LTC) price has great upside potential.  

The code update ("Block Expansion") is just one of the reasons for the upcoming price increases.

LTC is a very interesting cryptocurrency.  Its code is similar to that of Bitcoin.  Therefore, Litecoin is used to test new crypto technologies.  

Litecoin is a very common cryptocurrency.  Most cryptocurrency exchanges and exchanges work with LTC.  

PayPal recently announced it is working with LTC:

https://tokenpost.com/PayPal-announces-new-cryptocurrency-service-featuring-Bitcoin-BTC-Ethereum-ETH-Bitcoin-Cash-BCH-and-Litecoin-LTC-5800

For investors, Litecoin is the "cheap" bitcoin.  In my opinion, investing in LTC in 2021 will be more profitable than investing in Bitcoin.

Litecoin is that funny coin that you wonder if will ever become the promise Charlie Lee said it would all the while but I know deep down he also wants to fulfil his promise (of making it ATH again) so I do not mind holding my Litecoins, even add a bit every now and then. These days, you see many alts die but this one always proves itself as silver of BTC. It is coming,,, just when is the question.

I surmise starting now and into the foreseeable future, we will see the cost will move bit by bit, and we will witness something the following week. I think you are incorrect for this situation, if ltc will add protection as an alternative will make it additionally engaging the individuals who are keen on having or making exchanges with security coin.

Agree. Litecoin is not about hype, but rather usability. Most altcoins simply experience new gains in price because of hype. But at the end of the day, they're nothing more than just speculative assets. Bitcoin's sibling (LTC) will last for long as it's one of the oldest and most heavily-tested blockchain networks in the crypto space. Of course, there are other altcoins which are faster and cheaper to use than Litecoin. But security is what matters above anything else. And Litecoin is much more secure than other altcoins on the market with small blockchain networks. Consider how Verge and Ethereum Classic have been subject to 51% attacks over the course of their lifetimes. This has never happened with Litecoin before (as far as I'm aware), making it a good long-term investment.

With the new update, it's expected that Litecoin's price will increase a little within the short term. For long term gains, the project is going to need to provide constant development and innovation to stay ahead of the game. Otherwise, Litecoin's price on the market will stall. Ultimately, Bitcoin's gain will be Litecoin's gain. In other words, if Bitcoin goes all the way to the moon, so will Litecoin and other altcoins on the market. I hope that with the new Mimblewimble privacy feature, Litecoin will able to distance itself from Bitcoin. It will become a unique cryptocurrency with a solid foundation in the mainstream world. Otherwise, who's going to invest in a coin that's identical to the original project (in this case, Bitcoin)? Time will tell us what lies ahead with Litecoin's adoption in the mainstream world. Just my opinion :)

The graph demonstrates everything well. Although I like Litecoin and really trust it, I managed to lose some money when I bought it for the price over 100. No, in reality I did not lose this money yet. Still holding Litecoin and waiting for its better times.

many people are holding Litecoin. it's one of oldest crypto coins.
Litecoin could has good future, it's most similar to Bitcoin and still cheap and fast to use as online currency.

Bitcoin is the Gold and Litecoin is the Silver. Litecoin (LTC) is my best choice for small amount of crypto transaction because Litecoin's transaction fee is very low. In 2017, when the price of BTC was 19000$, the price of LTC was 300$. But at present the price of BTC is >16000$ then the price of LTC is only 60$. In other words, there is no pump of LTC as compared to BTC. We hope that LTC will pump very soon.

Despite the fact that many good words have been said about Litecoin, it is only a fork of bitcoin. And I do not know a fork that would be better than its original. It is for this reason that investors invest their money in bitcoin, which increases well in price, while LTC shows us a very small increase.

i agree with you. Bitcoin is money. but we can't use it as currency because of high fees.
Litecoin is best alternative to use as currency in the coming days.

History could repeat itself.

How high can you see the ratio going? the conservative 0.015-0.018 everyone is talking about or maybe higher?

In the event that that siphon will coming, I surmise starting now and into the foreseeable future, we will see the cost will move bit by bit, and we will witness something the following week. I likewise prefer to utilize it for exchanges due to its low exchange charges contrast with ETH. Yet, the Price of Litecoin didn't change that much from that point forward. This will be perhaps the best element of litecoin on the off chance that they prevail to execute this.

You obviously looking the wrong way if you don't notice this pump today. The price of Litecoin has increased by about 20% over the past day, while the price of BTC remains unchanged. Obviously, this growth is associated with an update that should increase the level of network privacy.

While privacy option is not something new in the crypto world, Litecoin's incorporation of this functionality gives a large cryptocurrency like Litecoin more liquidity as users have more options in transactions. their privacy.
This also means that Litecoin will create demand for exchange, which is also a way to increase liquidity and value for the cryptocurrency. It can be said that this is a perfect version in combining block reward reduction and anonymity features in crypto. Litecoin can be seen as an anonymous version of Bitcoin in its own right.

some people would think Litecoin pump is over. or Litecoin doesn't worth more.
Litecoin is third best crypto coin, after Bitcoin and Eth.

That's certainly true, mate. Most forks turn out to become a failure in the long run. They'll never be able to overcome the original projects due to their lack of adoption in the mainstream world. While Litecoin has some minor differences to the original Bitcoin project, everything else is just the same. Essentially, Litecoin is Bitcoin with a reduced block time, a different PoW algorithm, and a slightly higher supply. Despite both cryptocurrencies sharing similarities among each other, I think there's still a place for Litecoin in the mainstream world. People will find Litecoin to be much more attractive than Bitcoin because it's much cheaper and faster to use for daily payments. Of course, there are far better altcoins out there that are even faster and cheaper than Litecoin. But Bitcoin's sibling (Litecoin) is a tried-and-tested blockchain network which focuses on security/reliability than anything else. I guess that this will keep it going for quite some time.

With the new update in the works, it shouldn't be long enough before Litecoin experiences a small pump on the market. I wouldn't say "huge pump" since Litecoin is not actively demanded as other cryptocurrencies on the market. But who knows? In this strange and bizarre world of crypto, anything could happen. Bitcoin is already in a bull run, so other altcoins close to it should follow soon. If Bitcoin reaches $50k next year, Litecoin could go well above $200 per coin. The new update will certainly distance Litecoin from the original Bitcoin project. And that's good because it tells us that the project is innovating rather than being a direct copy of Bitcoin. In the end, what matters is usability on top of shiny new features. As long as Litecoin is useful for mainstream payments, nothing else matters. Just my thoughts ;D

Actually, I did not notice that price of the LTC and this is the only time that I found out where a pump happened. There is a major resistance at $69 and luckily the LTC manage to break it. The current price is now at 75 but the momentum is not good because it suddenly dies and you can observe its volatility became low after the breakout so I expect that there will be some consolidation that may happen. For those people who are new in the market, do not expect that a certain coin can easily increase because we are talking about supply and demand wherein there are area in the prices where the supply is so high where the sellers overcome the buyers that causes the price to not increase.

if history repeats itself, Litecoin could hit $300 by the end of 2020.

Of course, everyone hopes that there will be an increase in the price of Litecoin, but the new updates made by Litecoin are still in speculation and hopefully what is being done can produce satisfactory results and a huge pump can come soon with these new updates.

Despite the latest announcements from developers, there doesn't seem to be much interest in Litecoin these days. That's largely because people are focused on "De-Fi" and big cryptocurrencies like Bitcoin and Ethereum. For Litecoin to gain traction, developers are going to need to bring new features to the Blockchain that are out of this world. Something innovative that cannot be found elsewhere will certainly pump LTC's price to the moon. Unfortunately, developers are not that active on the Litecoin project. It's why I believe that Litecoin will not rise in price on its own. The only way LTC will reach higher prices on the market is if there's a bull run. With Bitcoin rising at a fast pace, Litecoin and other major altcoins will be able to experience a small pump in price. But the effects will not last for long because of the reasons mentioned earlier.

Nonetheless, there are far better coins out there on the market which are faster and cheaper to use than Litecoin. It's no different than Bitcoin, except for a few tweaks like a change in PoW algorithm, a slightly higher max supply, and a faster block time. If Litecoin wants to make the difference, it needs to adopt features not found elsewhere. Otherwise, interest will continue to decline until Litecoin becomes history. Just my thoughts ;D

Is not it ripple even better than litecoin in term of scalability or to be a payment system? I don't agree litecoin was the best crypto after bitcoin and eth. Litecoin offers the same thing that offered by a bunch of major coins.
These days we have a bunch of payment system too. The latest announcement of litecoin is also bring nothing to the price.
that's proven if people are not interested anymore with it

Litecoin is above $110 and there is still huge space to reach ATH price ($300).

Litecoin would be one of the smartest investments right now. They definitely made good moves and their success is no accident. I will follow them with interest.

Maybe, maybe not. For what I know, crypto behaves in strange and bizarre ways. Litecoin's current pump is largely attributed towards Bitcoin's gains on the market. After all, the pioneer cryptocurrency has reached a new ATH (all-time-high) of $22k per coin. For Litecoin to be able to reach higher prices on its own, developers are going to need to bring something out of this world in order to attract people into it. A simple privacy upgrade like Mimblewimble won't do much in terms of long-term price. Litecoin needs a little "pizzazz" in order to stand itself among other cryptocurrencies on the market. Otherwise, it'll become nothing more than a speculative instrument (just like it's the case with Dogecoin today).

Nonetheless, time will tell us whenever Litecoin will reach a huge pump on the market or go all the way down the drain. Unlike most cryptocurrencies out there on the marke, Litecoin has a limited supply of 84 million coins. It's even scarcer than Ethereum itself. Yet, Ethereum has a higher price than LTC reaching a target of more than $600 per coin. This is odd, considering that ETH's max supply is undefined. A cryptocurrency with an inflationary model like ETH should be less valuable over time. Based on this alone, we could say that ETH is overvalued. That's not the case with Litecoin, as it's a deflationary cryptocurrency like Bitcoin. It's more undervalued than anything else. Sometime in the future, Litecoin will shine as developers work tirelessly to make it a success (hopefully). Just my opinion :)