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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Abiky on November 02, 2022, 02:07:36 AM



Title: Is Litecoin a forgotten cryptocurrency?
Post by: Abiky on November 02, 2022, 02:07:36 AM
Most of the cryptocurrencies listed on the market have experienced large gains in price over the past years. Even during the bear market, some coins have managed to "pump" a little in price because of the hype. But that doesn't seem to be the case with LTC, as market prices are relatively the same these days. In the worse cases, LTC's price goes down only to take quite a long time to go back to its previous highs (if it ever does). I don't get why Litecoin is often under the radar of investors and traders alike, when it's one of the oldest cryptocurrencies on the market. The supply is finite (84m coins), and it's still a PoW coin unlike most of the popular "shitcoins" (ETH, ADA, BNB) which are PoS. Not only that, but LTC recently adopted a privacy mechanism dubbed "Mimblewimble" to help bring anonymity to the Blockchain. Have people forgotten about this coin? It's sad because Litecoin was often proclaimed as "Silver to Bitcoin's Gold". With Ethereum becoming less-decentralized after "The Merge", it might be possible for a truly-decentralized cryptocurrency like LTC to gain the spotlight once more.

What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Jawhead999 on November 02, 2022, 04:50:53 AM
Yeah it's forgotten since most people only look for Bitcoin, not Litecoin. Litecoin's development also slow and the Mimblewimble privacy mechanism is seems not really important. It's good to see about privacy improvement, but it's not quite enough since I don't find any trusted Litecoin mixer and DEX that has a good trading volume. Bitcoin already have both of it, so it's easier to use the privacy feature.

Some people can directly use Monero to achieve 100% privacy rather than need to use Litecoin to get privacy.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Jackl87 on November 02, 2022, 08:31:30 AM
Most of the cryptocurrencies listed on the market have experienced large gains in price over the past years. Even during the bear market, some coins have managed to "pump" a little in price because of the hype. But that doesn't seem to be the case with LTC, as market prices are relatively the same these days.

It really seems like that Litecoin is kind of on the sideline now in the last two years or so. As you already said, at lot has happened in the crypto space in the last two years but Litecoin was not really a part of those crazy movements and developments. The main reason for that in my opinion is the fact, that the biggest trends in the last 2 years were Defi, NFTs, play2earn and the metaverse and all of that stuff is just not possible to create on Litecoin as it does not offer smart contract functionality. It's the same with bitcoin but of course BTC has the big advantage that it basically invented crypto and therefore still is the leading indicator for the whole market.
I don't think that Litecoin will die, but i also don't think that it will come back to the top 10 to be honest.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Polkeins on November 02, 2022, 09:04:39 AM
It seems to me that this is a really serious mystery why a litecoin with such a good basis (stable operation for many years, universality, inexpensive transactions, reliability, convenience, POW algorithm with an ever-increasing hash rate) cannot not only update their ATH, but also in this cycle where Bitcoin took 60 thousand, and ETH got 4 thousand, LTC should have taken at least one thousand.

Nevertheless, the project is developing and is quite active in social networks, for example, here is one of the latest quotes
"$LTC Is consistently one of the most active blockchains in the world. Depending how you look at it, by transaction volume, active addresses, payments and community activity, #Litecoin is always in the top 2-4. And, Litecoin activity is GROWING!!"
https://coinmarketcap.com/community/profile/litecoin


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Dave1 on November 02, 2022, 09:10:21 AM
What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)

No, I doubt that it will simply die, it's one of the oldest crypto for all we know and a good little brother for bitcoin. So litecoin is always on the shadow, but nevertheless still enjoy some success and support from the community.

Even majority of the gamblers are still using it as far as I know, very fast and who knows, in the next bull run, we might see it as one major coin that will give us a good profit.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: ultrloa on November 02, 2022, 09:27:02 AM
Most of the cryptocurrencies listed on the market have experienced large gains in price over the past years. Even during the bear market, some coins have managed to "pump" a little in price because of the hype. But that doesn't seem to be the case with LTC, as market prices are relatively the same these days. In the worse cases, LTC's price goes down only to take quite a long time to go back to its previous highs (if it ever does). I don't get why Litecoin is often under the radar of investors and traders alike, when it's one of the oldest cryptocurrencies on the market. The supply is finite (84m coins), and it's still a PoW coin unlike most of the popular "shitcoins" (ETH, ADA, BNB) which are PoS. Not only that, but LTC recently adopted a privacy mechanism dubbed "Mimblewimble" to help bring anonymity to the Blockchain. Have people forgotten about this coin? It's sad because Litecoin was often proclaimed as "Silver to Bitcoin's Gold". With Ethereum becoming less-decentralized after "The Merge", it might be possible for a truly-decentralized cryptocurrency like LTC to gain the spotlight once more.

What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)

Its not really been forgotten because this is included on top selections among traders. But it just many people pick shitcoins in terms of investment because they see that the money is fast due to high volatility compare to the top one.

But for sure once bitcoin pump LTC will pump to since it still got decent volume on exchangers where it listed.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: FP91G on November 02, 2022, 10:51:17 AM

What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)
ASICs are used to mine Litecoin. And it would be nice to change the mining algorithm to a more ASIC-resistant one and adapt the coin for miners on video cards. Then perhaps most miners will be interested in this coin.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Polkeins on November 02, 2022, 02:01:59 PM

What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)
ASICs are used to mine Litecoin. And it would be nice to change the mining algorithm to a more ASIC-resistant one and adapt the coin for miners on video cards. Then perhaps most miners will be interested in this coin.
The hashrate of litecoin is already growing without any problems. Some day ago hashrate seems to have updated its record and amounted to 558 TH/s.
So there are no problems with new miners in LTC. What is the point of changing something in a working mechanism?
GPUs are all unprofitable now and until the market finds a profitable coin, like ETH before, it will continue and LTC can't help with that only bull market can.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: zasad@ on November 02, 2022, 02:39:51 PM
Litecoin is a very reliable decentralized coin, but the transaction speed is very slow, so the ecosystem is inferior to many other blockchains with a large TPS. And most users do not care about security and decentralization, so they store their coins on Binance because it is more convenient.



Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: BitcoinBarrel on November 02, 2022, 02:47:45 PM
I love Litecoin and have been using it alongside BTC for years. It's fast and accepted almost everywhere Bitcoin is.

It's a great secondary crypto for everyday transactions.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: cabron on November 02, 2022, 03:12:36 PM

Only a few people talking about it anymore in the forum. Back when China had not banned crypto, LTC used to be thier favorite, a top on thier list but almost forgotten now. While it is a POW and decentralized still, Elon didn't choose this one but Doge.

They are all POW but I guess there is more to the cheaper POW coin and popularity. LTC will still go up when the bull market begins, that's for sure you only have to wait.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: abel1337 on November 02, 2022, 03:46:05 PM
I don't think Litecoin is a forgotten currency given that there are still miners mining it. Litecoin sustained it's top spot on CMC for a long time that's why I think it's still a good token that will last even more longer. I remember the days that Litecoin is one of the coins that traders are loving to trade since as far as I remember it has many pairs in the market. Litecoin is use as a payment by online merchants along side with bitcoin and ethereum. Litecoin hasn't received that much hyped compared to other coins that overtaken it though I still believe that litecoin will stay in the market.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Gayong88 on November 02, 2022, 05:09:00 PM
What makes Litecoin valuable is the fact that people want to use it. People hoard their Litecoins because they believe they can be worth much more in the future. And if enough people think that way, then Litecoin's value will go up. It's all about perception only.

I personally think that Litecoin should not be forgotten. For some reason, there are some people who are still interested in Litecoin, and have even been mining this cryptocurrency. I don't know how long people will continue to mine it, but so far it seems they are still using it in trading and other transactions.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Strongkored on November 02, 2022, 05:38:03 PM
The lack of adoption makes Litecoin seem forgotten but not completely forgotten being able to remain on many large exchanges with high volumes and remain in the top 20 of CMC proves that litecoin has not been completely forgotten, it's just that the purpose of this coin is only to be a trading coin


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: avikz on November 02, 2022, 06:12:52 PM
Litecoin forgotten!! Really??

Just head towards coinmarketcap and look at the daily volume. It is still within top 20 cryptocurrencies in the list. People are not talking about it in the forum's, doesn't really make it forgotten. People are pretty much actively trading on Litecoin. It just that there's not much buzz about it due to lack of new innovations around it. However, Litecoin is an active coin.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: livingfree on November 02, 2022, 06:44:48 PM
Have people forgotten about this coin? It's sad because Litecoin was often proclaimed as "Silver to Bitcoin's Gold". With Ethereum becoming less-decentralized after "The Merge", it might be possible for a truly-decentralized cryptocurrency like LTC to gain the spotlight once more.
I don't think that it's forgotten, if it was then it should have been too low with its ranking and other factors but it's not. But the most popular and favorable if we'll compare it with ETH then obviously, it's still ETH.

What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)
It will last.

A lot of years have gone and it's still remaining intact and strong unlike the other old altcoins that have became popular yet, they're now gone under the radar of top 100-200 coins.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: jrrsparkles on November 02, 2022, 06:52:27 PM
Most of the cryptocurrencies listed on the market have experienced large gains in price over the past years. Even during the bear market, some coins have managed to "pump" a little in price because of the hype. But that doesn't seem to be the case with LTC, as market prices are relatively the same these days. In the worse cases, LTC's price goes down only to take quite a long time to go back to its previous highs (if it ever does). I don't get why Litecoin is often under the radar of investors and traders alike, when it's one of the oldest cryptocurrencies on the market. The supply is finite (84m coins), and it's still a PoW coin unlike most of the popular "shitcoins" (ETH, ADA, BNB) which are PoS. Not only that, but LTC recently adopted a privacy mechanism dubbed "Mimblewimble" to help bring anonymity to the Blockchain. Have people forgotten about this coin? It's sad because Litecoin was often proclaimed as "Silver to Bitcoin's Gold". With Ethereum becoming less-decentralized after "The Merge", it might be possible for a truly-decentralized cryptocurrency like LTC to gain the spotlight once more.

What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)
I wouldn't say people forgot the Litecoin and its a lot of better than shitcoins which grown drastically in the recent years but the actual reason could be the Litecoin overshadowed by the hyped coins so new people entering into the market doesn't know it so the potential to grow further from its previous high lacks because there is a lack for investors to know it cause its same like bitcoin so no one is going to boost it like Elon for Doge.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Blawpaw on November 02, 2022, 07:28:37 PM
Don't think that Litecoin is a forgotten coin at all. In fact, I guess it is about one of the few coins that will still soar a lot. We need to consider that Litecoin was the second cryptocurrency ever to be developed. It's an heir of the Bitcoin technology and it offers faster transactions at lower fees with the same sort of security that Bitcoin does. When I need to transact with cryptos I always go for Litecoin. I'm still buying it today as I'm certain it will still give me 10x profits


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Chainsmokers on November 02, 2022, 07:48:25 PM
Litecoin is like a sleeping dragon, once it wakes up it will release fire which means when the bull run Litecoin will really experience a high pump,
there is evidence that you can look at the chart from LTC and you will know what happened in 2014, 2017 and 2021. yup Litecoin is experiencing a high pump,
this coin is very rarely discussed on social media, therefore LTC is really slow to get big profits, only investors who can afford long term will succeed in LTC.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Hypnosis00 on November 02, 2022, 10:13:03 PM
It was not totally forgotten but more on rejections as to be honest, Litecoin isn't really a profitable investment compared to others. Wise investors will simply don't just look if that is one of the top coins in the CMC or not but they are looking for a profitable opportunity that is not found in this project. I don't say this coin will vanish soon but I look this to become an undervalued coin like shitcoins. I hope I was wrong but if the team won't take action and help it to grow, I will certainly be going right.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: WalkerIVIV on November 02, 2022, 10:41:55 PM
I don't think it's a forgotten cryptocurrency but there are so many new coins that brings good innovation that it makes litecoin seems irrelevant honestly, I think litecoin will hardly ever have the chance of increasing its value considering the new coins are the ones that gonna take all that momentum and the investment flow, I think litecoin will eventually lose its value instead since it will eventually be forgotten and as a result, become dead coin in the future.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Abiky on November 03, 2022, 01:30:57 AM
Yeah it's forgotten since most people only look for Bitcoin, not Litecoin. Litecoin's development also slow and the Mimblewimble privacy mechanism is seems not really important. It's good to see about privacy improvement, but it's not quite enough since I don't find any trusted Litecoin mixer and DEX that has a good trading volume. Bitcoin already have both of it, so it's easier to use the privacy feature.

Some people can directly use Monero to achieve 100% privacy rather than need to use Litecoin to get privacy.

It's probably because Litecoin's team aren't focusing on the marketing/promotion aspects of the project. Slow development progress also contributes to lower demand on the market. Not even the privacy feature brought the attention of mainstream investors and traders alike. The only way I see LTC reaching a new ATH in price is if Bitcoin turns extremely bullish in the future. Other than that, LTC's market prices will remain relatively stagnant.

At least, the Blockchain is up and running after all these years. In times where centralization is harming the crypto industry, Litecoin could come to the rescue as a decentralized alternative to high-performance blockchain networks like Solana and BNB. As long as you're still able to buy/sell LTC in the future, there should be nothing to worry about. Just my opinion :)


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: ThemePen on November 03, 2022, 01:41:06 AM
At present mostly those people like Litecoin. Who claim faucets. An investor and the trader mostly like Bitcoin and they only believe in Bitcoin and trade with it or Hodl it.

At beginning Litecoin took a nice attention from the users of crypto. But now it is going down and down.

An the second reason is we mostly see the news about BNB ETH Solana and others famous Blockchains. But we found news about Litecoin rarely. Therefore it hasn't much attention now.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Tony116 on November 03, 2022, 02:25:56 AM


If you need an anonymous and decentralized coin then bitcoin should be the first coin you look for and if you want to look for huge profits then altcoin will be your place to go. Nowadays most of the investors entering the market just want to make a lot of money, they don't care about technology or other features.
Those altcoins you call shitcoins, they're nothing special, they don't have the anonymity and security technology you're talking about but they have the potential to bring huge returns to investors and those are what they need. It depends on what your purpose in this market is.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: uneng on November 03, 2022, 02:26:52 AM
Litecoin is a classic cryptocurrency and I don't think it will die. What happens is that it just doesn't have a prominent position in crypto market anymore, because it has become obsolete with the launchment of new cryptocurrencies on the last years. People are always looking for new hypes and if old currencies don't have an original aspect to prevail, investors will jump from currency to currency as new trends are started.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Sebas.tian on November 03, 2022, 03:26:19 AM
Quote
actually litecoin is not forgotten, but investors still choose or follow the coin that is currently trending, because following the trending coin can get quite a lot of profit, and there are still many online shops that accept litecoin for payment, so if litecoin is forgotten it is wrong, Surely there will be a time when Litecoin will rise to a higher price

I agree with you, Litecoin will rise again because their teams are seriously working to ensure their investors feel the positive changes in their investment by making the Litecoin pump higher as never before in the market to attract more investors in the community. I don't think, Litecoin will be forgotten in the crypto market because there are still some traders who still believe that with time it will pump higher for those that invested in it to achieve a huge amount of money in the future. Those shops accepting Litecoin for payment still believe that nothing last forever in the crypto market, maybe it can be the turn of Litecoin to pump higher in this month of November.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Polkeins on November 03, 2022, 09:52:43 AM
What makes Litecoin valuable is the fact that people want to use it. People hoard their Litecoins because they believe they can be worth much more in the future. And if enough people think that way, then Litecoin's value will go up. It's all about perception only.

I personally think that Litecoin should not be forgotten. For some reason, there are some people who are still interested in Litecoin, and have even been mining this cryptocurrency. I don't know how long people will continue to mine it, but so far it seems they are still using it in trading and other transactions.
Well, on the market there are not many big coins of the top 50 that use the POW algorithm and that can be mined - from the major ones are BTC, LTC, BCH.
All others like ADA, BNB, SOL and others on POS algorithm.
For those who already bought ASICs, they have to do something with them, don't they? Not to throw them to garbage I guess.
That's partly why LTC hashrate is growing so fast even at price $60 for LTC. In the past, at this hash rate, the price of LTC was $200-300. 


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Crypt0Gore on November 03, 2022, 10:29:13 AM
Litecoin is not a forgotten crypto coin but the team are probably one of the slowest in this space, it took them like forever to upgrade Litecoin logo and use new designs, still this upgrade isn't enough, the project needs something that will make the whole crypto investors want some Litecoin for themselves, the only problem here is Litecoin have a slow team.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: maydna on November 03, 2022, 11:48:25 AM
What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)
I still think LTC is a sleeping giant waiting for the right time to rise and get another high so I don't think LTC will die soon. And I still hope that LTC can increase again and be sky-high in the future.

I also believe that there are still many supporters who provide support for LTC. So for now, LTC still takes time, especially when the market is still in a bear market position and if you want to buy LTC, now is a good time so you can buy it.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Natalim on November 03, 2022, 12:05:30 PM
Litecoin is not a forgotten crypto coin but the team are probably one of the slowest in this space, it took them like forever to upgrade Litecoin logo and use new designs, still this upgrade isn't enough, the project needs something that will make the whole crypto investors want some Litecoin for themselves, the only problem here is Litecoin have a slow team.
And it was the reason why it was been rejected by most investors and traders. A reason why trusting this project is even hard knowing that the team is not aggressive to push the project into growing. What they did to their project, slow development and market improvement, that also what they get - low investment/profit. Now, it was their job to make this project interesting to the community, or else, the more it was been rejected by most and even dead in the future.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: AakZaki on November 03, 2022, 06:43:33 PM
Nobody really forgets Litecoin. Even today Litecoin is getting optimistic adoption from Moneygram which recently launched a service that allows users of the Moneygram mobile app to buy, trade and store cryptocurrencies such as bitcoin, ethereum and Litecoin as well.
And Litecoin entering this November experienced a price increase of about 10% from the price of $55 to the price of $62, this proves that Litecoin is still in demand and not forgotten


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: eightdots on November 03, 2022, 07:21:50 PM
When I first entered the Bitcoin market, I had heard of Litecoin. Since then, there has always been slow progress. This is the impression it left on me. Some friends said that the development of his team was slow. This confirms my opinion. Still, I will put it at the top of my list of reliable coins in the crypto market. I invested for a while, but then I turned to different coins. If I have to answer the question asked in the title, yes, I think it is a forgotten cryptocurrency. It has recently increased by 10% and has come to the fore again. Without this increase, it would not even be discussed whether it was forgotten or not.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: FanEagle on November 03, 2022, 07:24:31 PM
Not really forgotten if we are talking about it here. Plus, even though many other coins from those days went away, Litecoin is still 20th at the moment. If a coin is top 20 that means it’s not really forgotten and it’s still there. This is a coin that has been around since 2011, and it is still in top 20 which should tell you how strong it is.

I have always been a supporter of it, and invested a small bit into it as well. I am not supporting it because of my investment because it’s a very low amount, but if I had to rank my favourite four, it would be bitcoin, ethereum, bnb and litecoin. Those four are really better than I could ever expect.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: jostorres on November 04, 2022, 06:34:30 PM
What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future?
I think litecoin is one of those sleeping giants. You won't see them pumping like the other top altcoins but soon, they will also have their own moment. During a bear market I don't think there are hypes that have happened but if ever there are then I think that hype are only for the meme coins. Altcoin is a top altcoin so it can't possibly join there but don't be shy about those hypes. They are only temporary and once it is over those meme coins are also going to die.

Many people only treat litecoin like a currency due to its amazing properties. Its speed are blazing fast, its fees are only cheap. No wonder why many merchants are supporting this coin. I see this as a reason on why litecoin value is hard to climb up because people don't hodl it for a long time. 


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: lalabotax on November 04, 2022, 08:37:22 PM
OMG, I still have a bit of LTC as a long term investment since 2020. It's funny because I was hoping that LTC could surpass the previous ATH, but it's true, it's kind of forgotten. In fact, the price doesn't seem to have changed much. And finally, I still keep it and hope it will boom back in the bulls later. Basically, every new bull, some of the old coins will be knocked out due to new coins that are more up-to-date, interesting, and also have a lot of demand. So if the old coins are not able to compete and upgrade them with the latest developments, then the longer they will be left behind. And I started to worry about this because to be honest I still have some coins like that in my wallet.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Abiky on November 04, 2022, 10:42:20 PM
Not really forgotten if we are talking about it here. Plus, even though many other coins from those days went away, Litecoin is still 20th at the moment. If a coin is top 20 that means it’s not really forgotten and it’s still there. This is a coin that has been around since 2011, and it is still in top 20 which should tell you how strong it is.

I have always been a supporter of it, and invested a small bit into it as well. I am not supporting it because of my investment because it’s a very low amount, but if I had to rank my favourite four, it would be bitcoin, ethereum, bnb and litecoin. Those four are really better than I could ever expect.

I haven't thought of that before. Most old coins practically disappeared, while Litecoin is still among the top 20 coins in market cap. The same can be said about Dogecoin. Development progress for the LTC project may be slow, but at least it's being actively traded on the market. I wouldn't count on it as a long-term investment, though.

Every day, it seems LTC's price is getting lower while other coins pump like crazy. At times, market prices remain stagnant, giving us little-to-no chance for profit. As much as I'd love to see LTC valued in the $1k range someday, there isn't much demand for such prediction to become a reality. LTC is by far one of the most decentralized cryptocurrencies after Bitcoin, so it's likely it'll last for generations. Just my opinion :)


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Ziskinberg on November 07, 2022, 11:14:22 AM
I'd never say it was already forgotten because as we can see, Litecoin is still one of the top 20 coins in the market and it sustains that position due to continuous demand and of course, the use of this project in the community. Maybe we could just say that it was been rejected because it was barely to hear people talking about it as mostly we heard about meme coins and hyped projects in which the interest of the people had changed direction. However, despite that situation, we never see Litecoin in a huge dip which is an indication that this project is still healthy.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Polkeins on November 07, 2022, 01:08:08 PM
I don't think it's a forgotten cryptocurrency but there are so many new coins that brings good innovation that it makes litecoin seems irrelevant honestly, I think litecoin will hardly ever have the chance of increasing its value considering the new coins are the ones that gonna take all that momentum and the investment flow, I think litecoin will eventually lose its value instead since it will eventually be forgotten and as a result, become dead coin in the future.

Not only LTC but many old coins including ADA, XRP ... are facing stiff competition from new altcoins so it is normal for them to go unnoticed. Investment trends today people will focus on new projects rather than old ones because everyone knows that projects with a lot of hype will bring big profits. Totally agree with what you said. Over the next few years, LTC and many other old coins will disappear from the crypto map, forgotten.
Usually people compared LTC with ADA or Ripple, but it seems to me that this is fundamentally wrong, because LTC use the POW algorithm, and ADA and Ripple are pOS projects with an initially different distribution concept.
Plus, there is more transparency in the LTC, recently the hashrate has been growing steadily, and usually where bitcoin is accepted, Litecoin usually follows. According to the number of ATMs, he was even ahead of Bitcoin


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: examplens on November 07, 2022, 01:35:06 PM
What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)

Litecoin has "lost" mass popularity only for the reason that it is not an overly volatile coin. as you can see, you yourself are interested in whether it has the capacity for "sky-high".
After a long time, it has certainly proven to be a confidential and reliable coin. It does not offer excessive profits, but certainly not large losses. And in the end, it is almost mandatory on every exchange. Because of this, the low withdrawal fee and the speed of the transaction, it is excellent for moving within the account on different platforms. It is certainly not a dead coin, nor will it be.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: FanEagle on November 07, 2022, 05:16:39 PM
Not really forgotten if we are talking about it here. Plus, even though many other coins from those days went away, Litecoin is still 20th at the moment. If a coin is top 20 that means it’s not really forgotten and it’s still there. This is a coin that has been around since 2011, and it is still in top 20 which should tell you how strong it is.

I have always been a supporter of it, and invested a small bit into it as well. I am not supporting it because of my investment because it’s a very low amount, but if I had to rank my favourite four, it would be bitcoin, ethereum, bnb and litecoin. Those four are really better than I could ever expect.
I haven't thought of that before. Most old coins practically disappeared, while Litecoin is still among the top 20 coins in market cap. The same can be said about Dogecoin. Development progress for the LTC project may be slow, but at least it's being actively traded on the market. I wouldn't count on it as a long-term investment, though.

Every day, it seems LTC's price is getting lower while other coins pump like crazy. At times, market prices remain stagnant, giving us little-to-no chance for profit. As much as I'd love to see LTC valued in the $1k range someday, there isn't much demand for such prediction to become a reality. LTC is by far one of the most decentralized cryptocurrencies after Bitcoin, so it's likely it'll last for generations. Just my opinion :)
I have to say it could be, if the top 20 requires it. You may consider it going lower and not hyping up like others, but the hype it has is a steady one and that’s what matters. Some other "new" coin could end up being above it one day, but a year later it would be 50th while litecoin is still 20th. That’s the reason why I invest into it, it may not be in top 5 or even 10, but it is in top 20 and sustainable way as well.

While some other coin could start at 50th position, be 8th after a few years, and then go out of top 100 after a few years, and it has happened with many coins whereas Litecoin will keep on being top 20 all through those years.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Bitcoin Gambling on November 07, 2022, 07:35:21 PM
Litecoin has the power of Bitcoin & DOGE combined. It is deflationary with fixed supply like Bitcoin. Again, it's transaction fees are cheap and has a quick settlement time like DOGE. There is no reason for it's untimely death.

Only drawback I see in Litecoin is that it's community is not as apprehensive to new projects as Bitcoin/DOGE. Openness to the new & untested is required for growth.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: serjent05 on November 07, 2022, 07:58:49 PM
What do you think about LTC?

I think LTC had gone quiet for many years, I still remember it as Silver while Bitcoin is gold, it was 2nd to Bitcoin before ETH and other smart-contract cryptocurrency occurs.

Will it die soon? Or will it last?

I believe it won't die soon and will still be around for long time but I do not have any idea if it will last.  It still has big community so I think it is enough for LTC to get going for years.


Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)

I have no idea because I haven't read any interesting updates on LTC yet. Unless LTC gets pumped hard, with its current situation of no incredible development I am hesitant to say that it will go sky-high.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Questat on November 07, 2022, 08:53:00 PM
I'd see no reason to say that Litecoin is on its way to dying. NO - Litecoin remains valuable despite the situation that its name hasn't been recognized by many investors but I certainly believe this project won't be like others who turn to shitcoins. In fact, Litecoin is very useful to the market, many people are still using this day by day but it wasn't talking too much because that is the nature of this project, no one even tried to make influence this and make hype, unlike the others.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Stalker22 on November 07, 2022, 10:51:38 PM
As you can see @OP, these are some of the biggest cryptocurrencies in the game. And Litecoin is one of them. So, yes, it has a place in this world and a reason to continue existing. Think of it more like silver than gold, it may not be as flashy or popular as Bitcoin, but it is still useful for some things. Litecoin has its shines too, and it's definitely worth the time to check out if you're interested in investing your money or just using it for transactions. If your opinion of Litecoin is based on facts, I can almost guarantee that you won't be disappointed.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: romero121 on November 07, 2022, 11:46:25 PM
One among the old cryptocurrency and much expected one. For some reason it lacks. Particularly there is no proper support system to push it forward. However it is one among the cryptocurrency that have got increased acceptance in different stores and needs. Litecoin is expected to bounce high, but it is trailing behind the expectation. Once a competence asset to ethereum now moves in a much slower way.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Mahanton on November 07, 2022, 11:54:22 PM
One among the old cryptocurrency and much expected one. For some reason it lacks. Particularly there is no proper support system to push it forward. However it is one among the cryptocurrency that have got increased acceptance in different stores and needs. Litecoin is expected to bounce high, but it is trailing behind the expectation. Once a competence asset to ethereum now moves in a much slower way.
Looking on Dogecoin which is also one of the oldest coins that we do have the in market.We havent thought that it would really be able to push its price up that high considering back on the past
where people just absolutely treating it as a meme or joke coin and this is where people do hesitate on accumulating more until it did make out some pump.Lucky for those who had believed
and unlucky for those who had missed out.For LTC then a long there's volume and as long theres movement then this does indicate that there are still people who are engaging into it.
We can say that it might be having less attention but still be considered that its completely dead.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: tbct_mt2 on November 08, 2022, 02:09:52 AM
Looking on Dogecoin which is also one of the oldest coins that we do have the in market.We havent thought that it would really be able to push its price up that high considering back on the past where people just absolutely treating it as a meme or joke coin and this is where people do hesitate on accumulating more until it did make out some pump. Lucky for those who had believed and unlucky for those who had missed out.
In the last bull run of cryptocurrency market, people put more belief into new technologies, new coins, new tokens and they mostly skipped or ignored old altcoins. Because they market is a zero-sum game so not all of them lost money. Some of them won with their investments or bets and get profit but here I only want to say about one thing that is important for future bull runs.

New technologies, new trends are not clearly good or bad. Good or bad depends on a project you invest in. Is it legit, non-scam or is it only a tool for scammers to parasite on a new technology and a new trend to scam money more easily?

Quote
For LTC then a long there's volume and as long theres movement then this does indicate that there are still people who are engaging into it. We can say that it might be having less attention but still be considered that its completely dead.
Litecoin is like Dash and other old altcoins, they did not actually have too good recovery or bull runs in last two years. The past two years belong to tokens, new chains, NFTs and most of those projects ends with /100 or /1000 or dead.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: LogitechMouse on November 08, 2022, 02:20:18 AM
No updates and it wasn't being talked at conferences or seminars etc. I mean we don't hear anything about Litecoin.
The last update that I've heard is the Mimblewimble (which is a cool name for me), there hasn't been any updates yet with the project aside from a few bugs and some few developments.

It has been there for a long time and many exchanges are still accepting it and I believe they will continue to accept it. It's very unfortunate that it wasn't as popular as it is right now. Well, nobody is talking about it like what DOGE is. Just look at other altcoins that have been there for a long time. Coins such as IOTA, NEM, XEM, DASH, EOS etc. These are some of the top coins back a few years ago but now at the bottom for some reasons and it's the same with Litecoin. I don't expect it to die but probably it will gradually go down to top 50 like what other altcoins did.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Reid on November 08, 2022, 04:27:16 AM
I was a supporter of Litecoin before. Well, it was a long time ago when the competition was not that high yet. It was a good investment and I made good profits out of it.
But lots of cryptocurrencies came out and most of them have created good projects so I switched the funds to another.
Will it die? I don't think so. The value will possibly go lower but I doubt about death although it is being forgotten. Despite that, it's still in good position which will never be achieved by other cryptocurrencies entering the new market.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: justdimin on November 09, 2022, 02:53:22 PM
I was a supporter of Litecoin before. Well, it was a long time ago when the competition was not that high yet. It was a good investment and I made good profits out of it.
But lots of cryptocurrencies came out and most of them have created good projects so I switched the funds to another.
Will it die? I don't think so. The value will possibly go lower but I doubt about death although it is being forgotten. Despite that, it's still in good position which will never be achieved by other cryptocurrencies entering the new market.
That’s the point, if it doesn't die then it survives and I am doing fine with long term holding it as well. It means, anything that doesn't die even after 10 years in the crypto world is something that is good I believe. Litecoin has been around for over 11 years, and that’s something shocking considering even bitcoin has been around for just 13 or so years.

It means that Litecoin surviving this long means that it is doing fine so far and there is absolutely no reason why it shouldn't do fine in the future. I always believe that long term results of a coin matters more than what it has done in the last year alone, because it shows a good proof of the future.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Abiky on November 10, 2022, 01:19:12 AM
Litecoin has the power of Bitcoin & DOGE combined. It is deflationary with fixed supply like Bitcoin. Again, it's transaction fees are cheap and has a quick settlement time like DOGE. There is no reason for it's untimely death.

Only drawback I see in Litecoin is that it's community is not as apprehensive to new projects as Bitcoin/DOGE. Openness to the new & untested is required for growth.

Litecoin is one of those good-old coins that are as solid as Bitcoin itself in terms of decentralization and censorship-resistance. It's fast, dirt cheap, with an extremely-limited supply of 84m coins. If inflationary cryptocurrencies like BNB and ETH went all the way to the moon, then LTC can do better. The problem with Litecoin is that development progress is quite slow compared to other cryptocurrencies being traded on the market. Not only that, but the project is weak on the marketing/promotion side. If the team would've done a better job in this regard, Litecoin would've been among the top 5 coins in market cap.

Impressively, the coin hasn't vanished yet as many exchanges are still supporting it. There are a lot of trading pairs for LTC, so it's likely the coin will be with us for a very long time. As much as I'd like to see LTC rise in price, I think it's a lost cause. After all, people are focused on big players with shiny-new features (mainly smart contract platforms like BNB, Cardano, Avalanche, and Polygon). At least, Litecoin is a usable cryptocurrency. Who knows how far will it go? Just my opinion :)


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: minairia3 on November 10, 2022, 02:18:19 AM
I was a supporter of Litecoin before. Well, it was a long time ago when the competition was not that high yet. It was a good investment and I made good profits out of it.
But lots of cryptocurrencies came out and most of them have created good projects so I switched the funds to another.
Will it die? I don't think so. The value will possibly go lower but I doubt about death although it is being forgotten. Despite that, it's still in good position which will never be achieved by other cryptocurrencies entering the new market.
That’s the point, if it doesn't die then it survives and I am doing fine with long term holding it as well. It means, anything that doesn't die even after 10 years in the crypto world is something that is good I believe. Litecoin has been around for over 11 years, and that’s something shocking considering even bitcoin has been around for just 13 or so years.

It means that Litecoin surviving this long means that it is doing fine so far and there is absolutely no reason why it shouldn't do fine in the future. I always believe that long term results of a coin matters more than what it has done in the last year alone, because it shows a good proof of the future.

Litecoin is still good if you consider it as a means of payment or a safe place to store assets like bitcoin but when it comes to an investment that gives a good return, it cannot compare to today's altcoins. Everyone's need is to make a quick profit and new altcoins provide that, LTC will still grow but at a slower rate so it won't be able to compete with new projects. For those who want to be safe, LTC will be the right choice next to BTC.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: GreatArkansas on November 10, 2022, 03:02:30 AM
What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)
(....)
We all know that Litecoin is forked of Bitcoin. I believe that Litecoin will stay as Bitcoin stays.
Last part this will be on the side of Bitcoin just like other cryptocurrencies right now, most altcoins these days are correlate with Bitcoin but there are some altcoins that are totally shit or not legit but Litecoin, I trust it, Litecoin is already here for aged.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: krishnaverma on November 10, 2022, 03:08:11 AM
Most of the cryptocurrencies listed on the market have experienced large gains in price over the past years. Even during the bear market, some coins have managed to "pump" a little in price because of the hype. But that doesn't seem to be the case with LTC, as market prices are relatively the same these days. In the worse cases, LTC's price goes down only to take quite a long time to go back to its previous highs (if it ever does). I don't get why Litecoin is often under the radar of investors and traders alike, when it's one of the oldest cryptocurrencies on the market. The supply is finite (84m coins), and it's still a PoW coin unlike most of the popular "shitcoins" (ETH, ADA, BNB) which are PoS. Not only that, but LTC recently adopted a privacy mechanism dubbed "Mimblewimble" to help bring anonymity to the Blockchain. Have people forgotten about this coin? It's sad because Litecoin was often proclaimed as "Silver to Bitcoin's Gold". With Ethereum becoming less-decentralized after "The Merge", it might be possible for a truly-decentralized cryptocurrency like LTC to gain the spotlight once more.

What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)

The coins you said that have pumped even in near market are newer coins. Like if you see even the trend for bitcoin, it has also not grown much in last few months and remained at same price. Now, lite coin has also behaved the same during this time. If it has not gone up by a lot, it has not even got down much.

On the other hand, if you see coins like Solana and Luna, they have completely ruined the wealth of investors. So if you have invested in lite coin during this period instead of Luna or Solana, your funds would have remained safe.

Personally, I still use litecoin for payments. I do this because of two reasons. Speed of transaction is ok and the fees for transfer is also less than transferring bitcoin. The people I do transactions with also have no problem while trading with litecoin.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Abiky on November 14, 2022, 01:19:57 AM
The coins you said that have pumped even in near market are newer coins. Like if you see even the trend for bitcoin, it has also not grown much in last few months and remained at same price. Now, lite coin has also behaved the same during this time. If it has not gone up by a lot, it has not even got down much.

On the other hand, if you see coins like Solana and Luna, they have completely ruined the wealth of investors. So if you have invested in lite coin during this period instead of Luna or Solana, your funds would have remained safe.

Personally, I still use litecoin for payments. I do this because of two reasons. Speed of transaction is ok and the fees for transfer is also less than transferring bitcoin. The people I do transactions with also have no problem while trading with litecoin.

People often ignore old coins (except Bitcoin) because they usually don't bring anything new to the space. What people want is something truly innovative that would help them make lots of money in the short term. That's why we've seen an influx of cryptocurrencies with a lot of "bells and whistles" to help attract as much investors into them as possible. Good-old coins like Litecoin and Dogecoin have decided to "play it safe", by introducing new features at a slow and steady rate (especially Litecoin). They prefer to be reliable and decentralized, than adding lots of new features that would lead towards many undesired situations in the long run.

I'm fine with Litecoin being as it is, as long as it works as intended. Who knows if it lasts for generations? Just my opinion :)


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Victorik on November 14, 2022, 03:10:59 PM
Most of the cryptocurrencies listed on the market have experienced large gains in price over the past years. Even during the bear market, some coins have managed to "pump" a little in price because of the hype. But that doesn't seem to be the case with LTC, as market prices are relatively the same these days. In the worse cases, LTC's price goes down only to take quite a long time to go back to its previous highs (if it ever does). I don't get why Litecoin is often under the radar of investors and traders alike, when it's one of the oldest cryptocurrencies on the market. The supply is finite (84m coins), and it's still a PoW coin unlike most of the popular "shitcoins" (ETH, ADA, BNB) which are PoS. Not only that, but LTC recently adopted a privacy mechanism dubbed "Mimblewimble" to help bring anonymity to the Blockchain. Have people forgotten about this coin? It's sad because Litecoin was often proclaimed as "Silver to Bitcoin's Gold". With Ethereum becoming less-decentralized after "The Merge", it might be possible for a truly-decentralized cryptocurrency like LTC to gain the spotlight once more.

What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)

I really didnt know much about LTC until I read your write-up.
I seriously think they should work more on their promotion. They seem like a pretty good project, but they are not taking much about themselves.
They can engage more with influencers and let them spread news about them.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: trendcoin on May 08, 2023, 06:10:31 PM
I think Litecoin is not a forgotten cryptocurrency. I think Litecoin is a crypto currency that has lost its function. I used to prefer Litecoin when transferring money from exchange to exchange. There are hundreds of cryptocurrencies today that offer the benefits Litecoin has to offer. People don't have much reason to choose Litecoin anymore. Of course, this cannot prevent Litecoin from seeing its old ATH level again, but to me that is the current situation. There are now hundreds of coins that offer faster and cheaper money transfers than Litecoin.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: timoshani on May 08, 2023, 07:43:09 PM
Most of the cryptocurrencies listed on the market have experienced large gains in price over the past years. Even during the bear market, some coins have managed to "pump" a little in price because of the hype. But that doesn't seem to be the case with LTC, as market prices are relatively the same these days. In the worse cases, LTC's price goes down only to take quite a long time to go back to its previous highs (if it ever does). I don't get why Litecoin is often under the radar of investors and traders alike, when it's one of the oldest cryptocurrencies on the market. The supply is finite (84m coins), and it's still a PoW coin unlike most of the popular "shitcoins" (ETH, ADA, BNB) which are PoS. Not only that, but LTC recently adopted a privacy mechanism dubbed "Mimblewimble" to help bring anonymity to the Blockchain. Have people forgotten about this coin? It's sad because Litecoin was often proclaimed as "Silver to Bitcoin's Gold". With Ethereum becoming less-decentralized after "The Merge", it might be possible for a truly-decentralized cryptocurrency like LTC to gain the spotlight once more.

What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)
Litecoin is one of my first cryptocurrencies, on par with Dogs and Dash. Even still, there is an old hardware wallet on the computer. I think Litecoin is just waiting for it's time to immediately remind itself again.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: jossiel on May 08, 2023, 07:48:19 PM
I agree that they should work on their promotion and get more people to talk about them.
No need for promotion for Litecoin.

Even without such, it's one of the most famous cryptocurrency and even titled as the silver bitcoin. It's 96 days away until we see it halve again and that's already more than enough to be known by people as its way of promoting itself.

But to expect a lot from it, you better not because we're currently seeing the market not doing good with fees but Litecoin isn't problematic with that.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Desmong on May 08, 2023, 09:56:53 PM
There are thousands of coins in  the market and if we say lite coin had be forgotten then what about some of the new coins in the market that no one is investing in them again. This is one of the.
 Challenges that is been faced in the cryptocurrency market because of the rate of new cryptocurrenies in the market. There are many coin projects that may be forgotten with time.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: shinratensei_ on May 08, 2023, 11:50:20 PM
it is indeed forgotten cryptocurrency, but it still got some volume left somehow, there has been so many coins getting the spotlight in these recent years, but litecoin is never one of them, it never got the massive bullruns that many has been waiting, heck even the development is already stagnant. so it's definitely really bad choice for investment if you decide to invest for long term and even generate quite the profit out of your investment litecoin just doesn't cut it to be good investment nowadays.
I'd definitely also prefer other choice of investments like matic and even go to length of investing in layer 2 which currently always got massive investment from big venture capital and company, they are just better honestly.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: wajik-tempe on May 09, 2023, 03:24:33 AM
Regarding the rise of Mimblewimble's recent popularity, it may make Litecoin more appealing to people who seek anonymity and privacy in transactions. However, it is unclear how much of an effect this feature will have on the acceptance and price development of Litecoin as a whole.
Despite Litecoin's durability, limited supply, and recent privacy improvements, the cryptocurrency market is incredibly unpredictable, making it impossible to forecast with absolute confidence what it will do in the future.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Bitstar_coin on May 09, 2023, 03:00:33 PM
The crypto world is fast evolving in such a way that old projects like litecoin with no serious utility are being forgotten. In this space, the majority of investors are all about the next big thing, what will make them the most profit, reason why memecoins are mooning against coins with real utility.
There is hardly nothing happening in the litecoin blockchain, not many people in crypto are into the privacy thing otherwise there won't be so much influx of investors in memecoins and other defi and nft projects.
I really think litecoin is being gradually forgotten.   


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Abiky on May 09, 2023, 03:10:24 PM
I'm new to the crypto scene, and I've been trying to learn as much as I can. Your post caught my attention, and I think you're right about Litecoin being under the radar. I agree that they should work on their promotion and get more people to talk about them.

Welcome aboard, mate. Believe me, LTC is a hidden gem that's waiting to blossom someday. It may be an "oldie", but it's still one of the best coins around for making fast and cheap payments. While Bitcoin is struggling with high fees due to the Ordinals NFT hype, Litecoin has plenty of room for day-to-day transactions with dirt-cheap fees. It costs less than $0.01 to make a transaction on the LTC blockchain compared to BTC which costs around $20 per transaction right now.

I see Litecoin has an advantage over Bitcoin with its built-in privacy features (Mimblewimble). Not many people know about this, because LTC is not as heavily-marketed as BTC is. I guess that's why Litecoin has remained under the radar for quite some time. With a total supply of only 84m units, Litecoin could live up to its name as "Silver to Bitcoin's Gold". Maybe it will reach $1k someday? :)


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: yhiaali3 on May 09, 2023, 03:21:43 PM
LTC really disappointed me a long time ago, I was betting that this coin will meet a similar fate to Bitcoin because it is almost the oldest coin after Bitcoin, and it also has other great advantages such as lack of supply, speed, and low fees.

Unfortunately, I don't see a great future for her.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Xal0lex on May 09, 2023, 05:18:16 PM
LTC really disappointed me a long time ago, I was betting that this coin will meet a similar fate to Bitcoin because it is almost the oldest coin after Bitcoin, and it also has other great advantages such as lack of supply, speed, and low fees.

Unfortunately, I don't see a great future for her.

In the crypto industry, a coin with huge commissions can be 100 times more popular than a coin with about zero commissions. A paradox? More like the peculiarities of the crypto environment. It doesn't matter what a coin is, it's its distribution that matters. Bitcoin and Ethereum are the most common blockchains and they have big problems with scalability, but that does not prevent them from remaining market leaders.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: fvb on May 09, 2023, 05:23:18 PM
Most of the cryptocurrencies listed on the market have experienced large gains in price over the past years. Even during the bear market, some coins have managed to "pump" a little in price because of the hype. But that doesn't seem to be the case with LTC, as market prices are relatively the same these days. In the worse cases, LTC's price goes down only to take quite a long time to go back to its previous highs (if it ever does). I don't get why Litecoin is often under the radar of investors and traders alike, when it's one of the oldest cryptocurrencies on the market. The supply is finite (84m coins), and it's still a PoW coin unlike most of the popular "shitcoins" (ETH, ADA, BNB) which are PoS. Not only that, but LTC recently adopted a privacy mechanism dubbed "Mimblewimble" to help bring anonymity to the Blockchain. Have people forgotten about this coin? It's sad because Litecoin was often proclaimed as "Silver to Bitcoin's Gold". With Ethereum becoming less-decentralized after "The Merge", it might be possible for a truly-decentralized cryptocurrency like LTC to gain the spotlight once more.

What do you think about LTC? Will it die soon? Or will it last? Do you think it'll go sky-high sometime in the future? If not, why? Your input will be greatly appreciated. Thanks in advance. :)
This is really one of the oldest coins and I personally like it. Firstly, low transaction fees, and secondly, it is traded on many exchanges. I don’t think you can expect much from the token and as you put it that in the future it will skyrocket, but everything will be fine. Since this is a proven project and there are more positives than negatives


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: royalfestus on May 09, 2023, 05:44:27 PM
Litecoin serves a greater purpose than other hardfork coins derived from Bitcoin. Many technical advancements are usually tested on Litecoin before implementing them on Bitcoin. Despite being a top CEO of Litecoin, he maintains a cordial relationship with the heads of Bitcoin and still holds a significant amount of Bitcoin. Moreover, Litecoin remains active on various social media platforms and has received several recent updates. These factors suggest that there is potential for Litecoin to experience significant market growth, making it a lucrative cryptocurrency.


Title: Re: Is Litecoin a forgotten cryptocurrency?
Post by: Abiky on May 10, 2023, 02:52:55 AM
Litecoin serves a greater purpose than other hardfork coins derived from Bitcoin. Many technical advancements are usually tested on Litecoin before implementing them on Bitcoin. Despite being a top CEO of Litecoin, he maintains a cordial relationship with the heads of Bitcoin and still holds a significant amount of Bitcoin. Moreover, Litecoin remains active on various social media platforms and has received several recent updates. These factors suggest that there is potential for Litecoin to experience significant market growth, making it a lucrative cryptocurrency.

You can never go wrong with Litecoin. While other coins are often hyped, Litecoin always delivers the goods by adding useful features at a slow and steady pace. It's a battle-tested Blockchain network just like Bitcoin. What amazes me is that LTC is listed in nearly every crypto exchange known on the industry today. This is a sign that LTC is poised to last a lifetime.

Market prices may be low, but that hasn't stopped LTC from staying within the top ranks in market cap. It should be able to go all the way to $1k sooner or later. Since LTC is trading hands below the "triple digits", it has remained quite an attractive cryptocurrency for day-to-day payments (multiply market price of 1 LTC x TX fees and you'll see what I mean). I really hope it stays cheap and fast forever, making it live up to its name as "Silver to Bitcoin's Gold". Maybe it will outlast Bitcoin forks like BCH and BSV in the long run? Just my opinion :)