Litecoin will see 10$ and above 2016

[Nxtblg]

Yes, Lightcoin is dead.

As dead as April Fool's Day 2016 by GMT.

[axxo]

Yes, Lightcoin is dead.

As dead as April Fool's Day 2016 by GMT.

It is really dead a long time ago April Fool's Day or not.

https://bitcointalk.org/index.php?topic=649890.0

[shyliar]

Definitely not dead because:

• Capable of four times as many transactions as Bitcoin in a ten minute period. Frankly if payment processors had adopted Litecoin in the past year current Bitcoin block discussions would be irrelevant (and likely the price of both coins higher). Anyone who has watched these discussions understands the immediate advantage of a network with larger transactional capability.  
• Faster confirmation times. The only people who don't think this is important have never spent a single coin or they have patience that the average person does not possess.
• The faster block time of litecoin reduces the risk of double spending attacks.
• Anti-spam.
• Fast well established network. Current Hashrate is 1,643 GH/s. Since scrypt is memory intensive it is known to be approximately 1000 times slower hardware wise in comparison to SHA256. Fair comparison to the Bitcoin network requires multiplying that hashrate by 1000 (1,643 TH/s). The fact is for most of Litecoins history the hashrate has been relatively high and secure. Those comparing it to the Bitcoin network without considering this 1k factor are either being disingenuous or just ignorant of the facts.
• Continuous development look here at number of releases in past year: https://github.com/litecoin-project/litecoin/releases
• Upcoming new features and active development look here for whats happening in 2016:
  https://www.reddit.com/r/litecoin/comments/3z2ta1/ama_official_litecoin_developers_and_litecoin/
• Longevity. Many coins have temporarily eclipsed litecoin as they were marketed for the purpose of increasing the fiat accounts of a small group and emptying the accounts of new users. Unfortunately this has been detrimental to crypto-space in general.
  
• Great community.
• Fully supported by GoCoin a growing payment processor used by thousands of merchants https://www.gocoin.com/
• Liquidity. You can sell thousands and not crash the market. Maintains value.

[chases]

probably need to change the name from Litecoin to Dimcoin

[Kalder]

Definitely not dead because:

• Capable of four times as many transactions as Bitcoin in a ten minute period. Frankly if payment processors had adopted Litecoin in the past year current Bitcoin block discussions would be irrelevant (and likely the price of both coins higher). Anyone who has watched these discussions understands the immediate advantage of a network with larger transactional capability.  
• Faster confirmation times. The only people who don't think this is important have never spent a single coin or they have patience that the average person does not possess.
• The faster block time of litecoin reduces the risk of double spending attacks.
• Anti-spam.
• Fast well established network. Current Hashrate is 1,643 GH/s. Since scrypt is memory intensive it is known to be approximately 1000 times slower hardware wise in comparison to SHA256. Fair comparison to the Bitcoin network requires multiplying that hashrate by 1000 (1,643 TH/s). The fact is for most of Litecoins history the hashrate has been relatively high and secure. Those comparing it to the Bitcoin network without considering this 1k factor are either being disingenuous or just ignorant of the facts.
• Continuous development look here at number of releases in past year: https://github.com/litecoin-project/litecoin/releases
• Upcoming new features and active development look here for whats happening in 2016:
  https://www.reddit.com/r/litecoin/comments/3z2ta1/ama_official_litecoin_developers_and_litecoin/
• Longevity. Many coins have temporarily eclipsed litecoin as they were marketed for the purpose of increasing the fiat accounts of a small group and emptying the accounts of new users. Unfortunately this has been detrimental to crypto-space in general.
  
• Great community.
• Fully supported by GoCoin a growing payment processor used by thousands of merchants https://www.gocoin.com/
• Liquidity. You can sell thousands and not crash the market. Maintains value.

That is very good summary. But litecoin development follows bitcoin, there is not much new in the releases.

[K210]

Litecoin is bitcoins underdog, when btc rises so will ltc

[Dux2K]

Litecoin is bitcoins underdog, when btc rises so will ltc

Like always i hope to be like that and this time when btc halving comes i sure hopeit will be

[yubsep]

I hope that...

Litecoin is bitcoins underdog, when btc rises so will ltc

[bitcoinlitcoinbtcltc]

It has always been like that... For past 7-8 months, Litecoin and Bitcoin have performed similarly.

Yes, Bitcoin went to $400 and LTC didn't follow that rally, and stayed between $3-$4, but before the Bitcoin rally to $400, LTC rallied to $9, and was $1,3 prior to that. So, when LTC levelled out at $4, it was up around 250-300% compared to several months earlier, which meant the ''fuel'' for LTC was up when BTC rallied from $250 to $400. But since they rallied 7-8 months ago, they have performed similarly, just like old times, ever since.

[LoyceV]

If someone released litecoin in 2014 or 2015, it would just be another crappy alt, but as it is older it has some respect from many of the community.

You could argue the same for Bitcoin! If all other altcoins would exist already, and someone would "invent" a chain with much higher fees, slower confirmations, and (almost) centralized miners now, who would buy it?

[kiklo]

Hmm,

Last I heard this had to happen 1st,



But soon after Litecoin would be $10 and higher. 

 

[target]

yes litecoin is dead that why we still keep them in our wallets?  keep in mind that there are more merchants accepting litecoin than the hyped coins ETH.
Not much changed still since. Litecoin is still the 2nd used coin even when eth and ripples marketcap is way over them.

[bitcoinlitcoinbtcltc]

yes litecoin is dead that why we still keep them in our wallets?  keep in mind that there are more merchants accepting litecoin than the hyped coins ETH.
Not much changed still since. Litecoin is still the 2nd used coin even when eth and ripples marketcap is way over them.

LTC trade volume is also 2nd highest; http://cryptocoincharts.info/coins/graphicalComparison

Sometimes higher than BTC.

YEs, some argue that Chiense might fake their volume. But it is not fake. The reason it is so high, is because there are no fees for LTC/CYN and BTC/CYN trades. However, the thing that matters is, the fact that your orders get FILLED if you want to sell or buy, and that's all that matters.

And the reason, I suppose, they removed trade limits for Chinese customers, is ebcause the majority of Litecoin and Bitcoin miners are from China. By removing trading fees, they attract the majority of those customers, resulting in incredible volume. They make their money when their customers withdraw their coins (either to their own wallets, or sell for fiat).

[BellaBitBit]

yes litecoin is dead that why we still keep them in our wallets?  keep in mind that there are more merchants accepting litecoin than the hyped coins ETH.
Not much changed still since. Litecoin is still the 2nd used coin even when eth and ripples marketcap is way over them.

This is true that we can't forget that Litecoin is still the 2nd most used coin.  It is a conservative investment and won't get you big gains unless it decides to move with Bitcoin when it rises.

[aizzaku]

i think litecoin was the first after bitcoin which was minable with GPU cause of which it got very high trading volume which is hard to beat but slow and steady other coins will beat it. It is not dead but just another alt coin the 2nd child you could say. But there are many more innovtive coins out there with very high potential .

[azguard]

we can only speculate but there are always two scenarios first is to follow btc in price which is good other is bad one to stay how it is

[Ismay]

yes litecoin is dead that why we still keep them in our wallets?  keep in mind that there are more merchants accepting litecoin than the hyped coins ETH.
Not much changed still since. Litecoin is still the 2nd used coin even when eth and ripples marketcap is way over them.

This is true that we can't forget that Litecoin is still the 2nd most used coin.  It is a conservative investment and won't get you big gains unless it decides to move with Bitcoin when it rises.

I thought Ethereum is the second most used coins now. The block chain size is already over 10 GB now.

[Nxtblg]

LTC trade volume is also 2nd highest; http://cryptocoincharts.info/coins/graphicalComparison

Sometimes higher than BTC.

Yeah, and it's been remarkably stable in price - remarkably, given the recent frenzy. It stays around three bucks and there you go.

[MedaR]

yes litecoin is dead that why we still keep them in our wallets?  keep in mind that there are more merchants accepting litecoin than the hyped coins ETH.
Not much changed still since. Litecoin is still the 2nd used coin even when eth and ripples marketcap is way over them.

People are blinded by greed and they investing in scams. They don't like LTC because it is stable and it is very good secure and fast coin. But this is not important ,and market cap is not something they are worried about, only profit And that is why they don't like LTC because it is still stronger and better and they want to crush competition.

[Docnaster]

yes litecoin is dead that why we still keep them in our wallets?  keep in mind that there are more merchants accepting litecoin than the hyped coins ETH.
Not much changed still since. Litecoin is still the 2nd used coin even when eth and ripples marketcap is way over them.

People are blinded by greed and they investing in scams. They don't like LTC because it is stable and it is very good secure and fast coin. But this is not important ,and market cap is not something they are worried about, only profit And that is why they don't like LTC because it is still stronger and better and they want to crush competition.

The main problem with litecoin is that it is not very innovative. It is just a clone of bitcoin. We already have Dash, Monero and Ethereum, they are all different from bitcoin.