Bitcoin Forum

LTC accepted all over the world but it's price still low
same as last 4 years
why it's stuck on same price range?

Obviously it's not yet done on the support level wherein reason the price still stuck up.. But you know as you can see it gradually showing an uptrend sign at this moment, so probably after days or two we will see a changes on it. If i were you keep on eye the EMA and MACD which is very common indicators. You will see some potential on the growth rate of the LTC.

On the fundamental side, I think development is doing pretty well especially MimbleWimble. They also launched smart contracts and asset tokenization to keep up with the trends like DeFi and NFT. Their marketing team seems to be on par with other leading projects but it looks like they're not getting much attention from retail traders/investors. Perhaps Litecoin ETF will be the catalyst that will push LTC to a new ATH but that could take a few more years though.

I know and sometimes I have had the same question. But you need to do some indepth checks before coming to a conclusion that the coin is dying - it is not. There is development happening in the background.

Point is that currently the crypto world is more hyped about NFTs, stablecoins and passive methods or earning - which are all in some way or another a disguised scam but few actually realize it. The golden trio (BTC, LTC, DOGE) have been getting less attention.

LTC ranges from 400 to 100$ if not lower, so if you are a hodler, consider cycling between 100-250$ ranges and you should churn out some money in these cycles. For now dont sell off all your LTC, because I am optimistic about its future. In either way put those coins to work on the exchanges swings for now.

Ha I hope you won't do a big mistake if you already own some LTC, my advice is to hold and follow the news following LTC right now, be patient and you will be rewarded for it, LTC will hit 1000$ this year ending, mark my word and when the time comes I will definitely remind you, do not sell

I think LTC waiting for the right time to start increase and although LTC does not have a significant update to their project, it could increase anytime without we can expect.
We can only hold the LTC and not panic or sell too early but that will be up to you because I am sure that many investors still hold their LTC and waiting for the next high price.
I am also curious how high LTC price is when the big altcoin season comes because that can lift the position at the market and many people will start investing in LTC at that time.
If you want to invest in LTC, you should do right now before the price increase.

Any proof if it's accepted all over the world? People didn't even this garbage coin that didn't have utility usage. These days people even smarter than before as they were only choosing coin with more benefits than a native coin that can be only used to send or receive.

This coin has no future. It will be stuck in the same place or it will be even going down to the bottom. Litecoin was getting surpassed by so many new coins that have better utility than it. It's not silver anymore.
Litecoin is just a useless native coin with no utility usage.

It caused by it lack of development progress. I don't say that development was getting stopped but we must see the reality. I don't know why people are keep arguing this coin as potential coz the truth is if this coin has no potential anymore

Not every cryptocurrency goes on high even if we're in a bull market. You've missed it last year IIRC when it was its time to increase. Just because it's accepted mostly everywhere, doesn't mean that its value is going to rise. There's still a big role made by the traders to make its value up. The volume of it will show how much demand it has and that's the reason why the price of it should go up. There's not that much news on it as well and that's why it got stuck so if you think that it's lagging, you better hold it or sell and choose another one that's moving daily.

Still living under the shadow of Bitcoin in my opinion. Plus are there any development from behind?

I check the github repo: https://github.com/litecoin-project/litecoin. There are no update what so ever in the last year or so.

I'm not sure where you get the idea that it is universally accepted, because it is not. Maybe we can used it to deposit and play on our favorite sports casino because it's cheap and quite faster, but that's it. Probably for bagholders, wait for the right time to sell and make some decent profit.

We can't say that LTC os not doing good because when we compare the prices of 2020 and 2021 there is a good spike in its price however its not moving in the recent days especially after May 2021 when bitcoin reaching new ATH recently, it doesn't mean that LTC is bad. So it all depends on your choice and expectations if you are looking for quick returns then some shitcoins will be perfect associated with high risks too.

IMO, I think the main reason was there's not enough demand or hype to support the price pump because if we base the trend today, most of the heavily pump cryptocurrencies are only driven by hype due to heavily marketing promotions or something it was introduced by famous personalities like Elon, and so I guess the Litecoin team should initiate and apply new marketing strategies in order to drive the hype and demand on LTC and eventually the price pump will follow.

Some optimistic analysts expect LTC to go to $600!!! But I have some doubts about this analysis given that the LTC price is currently below 200$, I expect to see 300-400 $ when the Altcoin season begins.
I am also amazed why LTC did not move from the price frame many years ago despite having all the reasons for strength, perhaps the absence of support and the staff stopped thinking about developing the coin’s future led to this stagnation, personally I think that LTC is one of the beloved old coins that appeared shortly after Bitcoin and has advantages Very important, for example, the speed of transactions and low fees, so its price should be much higher.

Here is my own end of the year prediction

BTC 80K - 100k
ETH 7k - 10k
LTC - 850$ - 1000$

I believe this is so damn possible because of the way things are going in crypto space this days, accumulation is just getting started and it's not hard to believe, I'm not saying the unexpected can't happen e.g bear market but if what's presently happening keeps going on there will be massive demand by year end

I agree with you with the numbers, but I disagree with you on the timing. I am fully convinced that these numbers (BTC 80k - 100k, ETH 7k - 10k, LTC - $850 - $1,000) will happen soon, but not at the end of this year, perhaps the beginning of next year or the beginning of the second quarter of In 2022, I know there is a lot of crazy money being pumped into the crypto market but even so I think it's early by the end of the year maybe we should be patient a little more.

LTC is just a good example of a solid and well established altcoin project that is not in the focus of a lot of people at the moment. There are many projects like that out there that were top 20 or even top 10 projects 1 or 2 years ago but in the bullrun of this year they got overtaken by new projects that are in everyones focus at the moment like Solana and polkadot for example. Just take a look at IOTA, it was also a top 10 coin 2 or 3 years ago and now it is slowly drifting out of the top 50.

LTC is a coin that currently looks undervalued compared to others. But this does not mean anything at all. The potential is so high that LTC could go off at any moment, and for many, this could be very unexpected. We will wait for the right moment.

LTC is really undervalued and I don't see any signs of price increase. In my opinion, in the current market conditions, it should have cost $400 up. But it can't cross $200. Its developers need to be more active and any major development will increase the price.

There’s no big updates and I rarely hear a news with regards to LTC that’s why its playing on the same pattern though I consider this as a sleeping giant because its undervalued. Once they made a huge update and created a good hype, that could be the start for its price to make its new ATH and it can happen in the next alt aeason. 

but do you think they are doing something behind the curtains? i've read before that their developments are in stagnant position. though we dont know what is really happening from their end.
i can't say if it is undervalued because if they have slow to no developments, how can we identify it as undervalued? is it just because it is an old alt, but their technology has been surpassed by many already.

I guess it happens due to the current defi or nft hype, a bunch of people has been carried by the hype and started pouring their money into them. These days most people tend to gamble their luck in other altcoin or the exact newly shitcoin whit hopes it could bring them to insane returns. In other words, litecoin is lacking demands from the market which makes it struggle to break the current ATH.

LTC has been passive lately, also, it is true that the hype has switched from NFT and DeFi projects, causing LTC to remain stagnant, also goes for other coins to be honest, I don't know when the hype will come to an end, seems to me that the NFT hype is just about to begin.

“Gold has an $8.5 trillion dollar market cap. Silver is $15bn That is .17%.  $BTC has a $90bn mkt cap. $ltc is $5.7bn which is 6.4% of $BTC. Silver is at least useful for industrial production.  $ltc is a glorified test net for $btc. I don't get this rally. Sell $ltc buy $btc.”

When you have expections of your coins to perform same as another coin then it has less chances, no coin is connected directly in terms of price movements so it all comes with the investors approach. Probably more people are going towards hyoed coins for example shiba and Doge which jas no reason to exist still people are ready to invest.

It's also hard to complain about litecoin's passivity as bitcoin acts as a pump continuously absorbing water from a small river like litecoin to expand its ocean and instead of being satisfied and returning more water to litecoin, too many new partitions appear and redirect the water source elsewhere, it is the source of the water for NFT, memecoin, it can even be said that every time bitcoin wants to be transported back, such spoilers always wait for the right moment to rob. But sooner or later, the stomachs of the vandals will be full and litecoin will also frantically absorb what was lost and more

I think that this is due to the fact that there is no information activity on the part of the developers, and the attraction of new funds for interesting integrations and this does not allow the coin to take off, although it really has potential. She was once called the silver of the crypto world.

Although litecoin price has slow progress this time, if we compare it's price from last year's crypto market, it's been high this year compared to last year and i think it's not a lost if some crypto enthusiasts invest with LTC because they haven't lost profit yet, and even it's price is slowly increasing and sometimes decreasing it's always good to invest with LTC even for a long term investment. But nevertheless, they might have no other works or updates about their platforms so that's why the price of LTC is stuck

because there is nothing new from Litecoin. the market moves based on speculation, and this also applies to litecoin. although this coin is good, but there is no big news or updates, this is what makes litecoin difficult to rise. this is the main reason why the price of litecoin has not undergone significant changes in recent years.

In my opinion the LTC coin is very interesting and has good potential. At the moment, the coin shows stability and security, as it is also a great way to make payments. Personally, I think that the coin shows its ability to develop very modestly. And soon the coin will be able to grow very sharply and be in demand in the cryptocurrency market. This means that investing in LTC coin is very profitable. Since in the near future the coin will be able to show great opportunities for the development of a successful business.

LTC has lost it's cause. The founder sold most of his coins and got out of it and the volunteering team did tried to bring some changes but it was not enough. LTC originated as a cheaper and quicker alternative to bitcoin but as we know there are much more cheaper and quicker alternatives and a lot of others for manipulating investment as well as real use cases. There's no more reason for people to buy and hold or transact litecoin as there's bitcoin already and a lot more and better options.

Indeed, The founder itself sell his holding so how the heck will new investors invest on this project while the founder take profit and move on. Your explanation about LTC is just an alternative of Bitcoin is on point and I think that's the main reason why the founder take profit already since he knows that the project is already reached its limit while still inferior to new blockchain that comes from Ethereum Idea. Smart contracts is the cutting edge feature of most famous blockchain right now while LTC and other forks of Bitcoin is still performing very low compared to its new rival.

I think the very tight competition makes investors always look for better and more profitable ones, as we know that Litecoin is an old coin and there is no significant project development, the team seems to be satisfied and let whatever happens in the market so many investors prefer it. with ambitious new projects and certainly higher profit opportunities than Litecoin.

Even though you see LTC in the same price range, but LTC has made a lot of progress and has even been included as a payment tool in Venezuela's main international payment system.

You are absolutely right. LTC was my first investment back in 2018 when I joined crypto space and since then i have been holding it. It was considered as Mini BTC but unfortunately it has not shown its real color and it has also lost its Rank on coinmarketcap from 4 to 19 now despite the fact it is considered one the most popular payment system. Its price should be at least $500 considering its use case but its recent ATH was around $375. Its team should add some new features to improve its use case to make it more attractive for investors.

Litecoin price and other major currencies jumped on news from Tesla's CEO.
Overall risk-on sentiment in the markets is creating a favorable tailwind for cryptocurrencies.
LTC is, however, still not able to break out of a bearish technical play.

After 4 years, the whole world has changed. Everything has changed. Universe, space, earth, people. Nothing remains unchanged. Litecoin has not changed and remained the same. Who wants to buy outdated technology? Would you pay for outdated technology? Do you want to buy an old model cell phone? Therefore, Litecoin price remained the same.

If the (bullish) trend continues, it could well be worth $300. Everyone likes it because it is not expensive and fast, with low commissions. The truth may lurk in miners, it is available information, whether mined coins are sold now at the current rate or held to a better price.

What do you mean, it was included as tool in "international payment system" in Venezuela?

Even its creator abandoned it and sold his coins. It is cheaper and faster than bitcoin and has that is it offers. Guess what, there are hundreds of other coins that offer the same thing so litecoin isn't anything special. It has a fairly good adoption though. Most casinos still support it that's why it can't really die but it also won't melt faces neither.

I had accumulated a lot of LTC for quite a long time and it was a total waste of my money if I consider the BTC gain. I'm really surprised that LTC wasn’t even in the pump for a single time. It was $25 earlier if I'm correct but against BTC price, it lost a huge value. It's developer isn’t active I think that's the reason for not getting enough pump.

LTC developers promised to activate MimbleWimble protocol till the end of 2021 and this could be a reason for rally. but due to delay activation will happen only in January.

we will see if the ltc developers are up to their tasks here. because before there were rumors that they are not doing anything substantial to this project. but i guess we don't know the real score here.
what i like with ltc is this is an old alt, which up until now, their fees are one of the cheapest you can find, and are present in most trading platforms. so this alt is really good if you are after for transfer purposes.

Well, that "stuck on the same price range" can be good, right? You know the bottoms and tops, of course, it takes time for the price to run a cycle but that happens, and for people who follow there's profit with trading LTC pair!


I feel like that happened centuries ago... :) I remember Charlie Lee's tweet and many discussions about the decision he has made! I guess you are right, there are better coins, and probably nothing special will happen with Litecoin in the future, but still, it survives at 3 digits! So it's good for having fun with LTC trading it or gambling with it!

Honestly, no need for development. In a volatile market, once a coin already established a good foundation, it can be attempted to be shilled intentionally. If meme coins can be shilled, what's more for a fundamental coin. Right now, only whales can dictate and trigger LTC to make a hype.

Day traders should always consider LTC on their list. That price swing within just a specific price range is good for short-term trades.

Since I got to know crypto or about 6 years ago, Litecoin is the second altcoin I've ever bought after Dash and Ethereum, of course what Litecoin has achieved so far I think is good, maybe many holders think that Litecoin is stock up until now because of competition from around 15k which makes Litecoin look stuck, maybe surviving is better than innovation that fails like other projects.

Litecoin is one of those few coins that I do question a lot of times, because I don't really get why it is not growing. It was one of those early coins that were created immediately after bitcoin was released into the market as the first coin, it was the first coin I knew that came as an alternative to Bitcoin as a faster means of transaction.

But, it has had problem growing like others. It hardly even trends these days, although it did trend in the year 2017, but the trend wasn't that much and after that it still went back to the same range. Look at the market cap, it is around $11 billion, while SHIB that has just been out for a short time has already surpassed it with a market cap of double, $20 billion and higher trade daily trade volume.

The Litecoin github is updating and there are changes going on in the background but it is not celebrated like we used to do for BTCitcoin, but one aspect is true Charlie Lee sold all of his holding during the last rally and he was even vocal about booking his profit and i doubt whether he has any meaningful asset in his bag, literally he created the project to make money and got out when it was shinning high ;).

Old coins such as Litecoin, ETC, Dash, NEO and so on seem to have difficulty competing with new coins, the thing that must be done immediately is to make innovations such as adoption to NFT and Defi so as to make investors come back again, if only relying on the old system I'm sure in a year Litecoin will out of the top 100.

Day trades are the reason why LTC still has some movement happening and the "activity" on the market.

Major use I see is gambling on casinos, the inherent brand name of second to bitcoin which came before it was taken over by ethereum on the basis of market capital. Much like what DOGE has become some few years back with bigger crypto-based casinos using it as third to bitcoin, although it is not the case anymore with ranks.

Even then if you own some litecoin, dont expect huge movements, it will follow bitcoin and with every small development if it happens, will raise the price by another 50$ max.

The latest one is NFT and you don't see much DeFi projects around the market due to so many scams arising out currently and it is not the main reason for low growth of LTC as there are so many coins which were pumping during this time under the influence and it got backed that time but it can rise after few time so the holders need to be patient for that time but some developments and acceptance will make the price surge after some time automatically.

Ltc is a coin which is not a stable coin but but still LTC have low price . I think you can get profit only by understanding the cycle of LTC  it is rounding between $100 to $400 . But no one can say how and when it can be.

The price of LTC has been stagnant I think that due to the number of projects that have gone through the BSC network, people are looking for coins that can get a x10 out of it with little effort and this is what NFT games and their tokens can do , obviously LTC is an important currency with a great future, in fact many people are trusting in making quite a few transactions with LTC because their fees are very low, and if we are going to study this feature, this is what we are looking for, send money from Safe way through a currency that does not demand as much fee, although in an eventual bullish race, the LTC will grow in price.

Litecoin is one of the oldest coin in crypto community, but sadly it's never been in stable position even transaction fees are very low and speed is also very good but sadly due to poor marketing and having no strong community the biggest issues for this coin to stuck on price range developers also fail to give some good features and better development. Good thing still having very good reputation and staying in positive way with few peoples still able to have good profit from this.

Because a lot of the functionality of LTC has been replaced by better coins.

There was a time when LTC was the fastest, most efficient coin out there. But that time has long passed.

Now people are looking for smart contract functionality and everything of that nature, which LTC simply does not have the capacity to scale to. Development has also stalled. All of this come together to give you the stagnating price.

Being an old cryptocurrency working on the platform of bitcoin network makes it more popular even though there is no big marketing and development. More cryptocurrency during the same time period have got rebranded and have grown high in the market.

Compared to more other cryptocurrencies on this range, litecoin have got good real-time usage. The present market condition serves as the time for investment on litecoin, so to make good profit as the litecoin could pump anytime as there is no big movement for a long.

Litecoin is still very popular in my region, i don't know about you though. Also, Litecoin is still on the list of top 20 cryptocurrencies on both CoinMarketCap and CoinGecko. Therefore, that shows there are a lot of investors HODLing Litecoin. Perhaps, you wan't see Litecoin volatility like bitcoin or Ethereum? No, Litecoin is more stable compared to bitcoin and ethereum.

I am also still waiting for the Litecoin price to finally get pumped up. This year, probably all altcoins from the top100 and maybe even the top300 had their own pump, and Litecoin is still almost in place. I think it will be pumped soon. We have to wait a little longer.

what am seeing here is that ltc devs are not very visible and active in the community. we have no idea what's going on or if there's anything going on. and if it will be pumped, what's the reason and who will do this?
i like ltc because they are present in a lot of trading platforms and their fees is one of the cheapest you can find. but in terms of development, i have no clue where they are heading at.
the popularity of usage has now being surpassed by new emerging networks like bsc, sol or matic. look at their position and you will understand why new chains are ahead of ltc.

I think we should see ethereum continue to update its development. Because so far, from the old altcoin LTC one of the coins whose movements are very minimal. We also see Litecoin lacking in updates on Litecoin's development on social media. However, I believe Litecoin is very good for the long term. If the price drops, this is one of the recommended coins to invest.

I haven't hear about anything new that Litecoin offered to its users. It is stuck and doesn't add anything innovative while there are many projects that appear now, offer something new and run a good marketing campaign so they become more popular than Litecoin. It is being adopted by different companies as it is one of the classic cryptocurrency, but still, I don't see any improvements.

I think old coins including LTC are difficult to develop to keep up with the current trend of NFT and Defi, developers certainly find it easy to use new tokens so that users will not be interested in investing in LTC.

The ltc coin is now very popular in the market which is now the standard value.  The ltc coin's gas free lot is much less so it has got a lot of Janpio.  The price of ltc will increase a lot more in the future.  The price of all the coins on the market goes up and down.

Somehow ltc stopped growing at one point, I heard the founder sold his coins during the last ltc ATH, I think since then there haven't been any major movement, ltc is kinda old now compared to the techs the current alts are using, projects like Near Protocol, solana and avalanche are doing much more better than it, also for a while now I haven't heard any major development from the ltc team, I think investors have moved over to more interesting coins like Sol, luna, avax and Near, rather than waist for a miracle pump from ltc.

I think Litecoin's price stagnation was due to Charlie Lee simply stopping the development of the project. Adoption in the market has also almost stopped. No interesting articles appear. There are more interesting projects that simply develop faster than Litecoin so investors go with money to them. All this is enough to stop the price increase even during a bull market.

there is an increase in the price of ltc in 2021, although it is not significant. I think the current price of ltc can be one of the benchmarks for owning ltc. maybe ltc still need big development to give surprise price in future. so be patient with ltc at this time because ltc still has great potential to become a big coin

Exactly.

I think that LTC is something of a fad a few years back when there were no alts, but now there are so many that it is simply not useful anymore.

Sure, you could argue that it has lower transaction fees than ETH but that is going to get fixed with the release of ETH2.0 so it's not even a huge concern.

For now LTC is not at a good price and even has a minus if you look at the ATH price it has achieved in the past,
so in general LTC is not in a good condition now.

LTC is a really good cryptocurrency, but that doesn’t mean that everyone is really investing in it. Yes it has been long that this cryptocurrency came out, and it came out as one of the first alternatives to Bitcoin, and the main purpose was to have a faster and better method of transaction than Bitcoin. But the adoption has seemed to favour Bitcoin more than any of them, and none of them even comes close to the level of abduction that bitcoin has today.

Litecoin, has just been like this for some time now, but sometimes there used to be some increase at times, and later it would also go down. Let’s just hope that maybe its time will also come, because I can remember that around 2018, which was after the bull run we had in 2017, Litecoin became a trend and the price started increasing, and there were lots of investors who were buying it then. But after some time the trend was over.

I think LTC price is stuck due to investors not being ready to invest in LTC because there is only use of payment and there is no smart contact creation, no NFT, no Defi project, just only using in crypto markets and for shopping.