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Author Topic: Litecoin is the sleeping giant  (Read 36210 times)
MuffinMaster
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December 05, 2019, 11:18:57 AM
 #501

Yes this is problem with litecoin is not used by people and is only mined and selled or people buy and trade and hold, is not used like bitcoin on services, i see also Ethereum will be used on service i use like bitcoin not right now but in short time.

The problem you mentioned comes from the fact that people are not educated enough about cryptocurrencies. They look at Bitcoin as a form of investment, and do not notice its useful functions. When the public awareness increases, they will begin to understand that the value of the coin comes from its usefulness, and then they will start noticing and using Litecoin, because in my opinion it is very user friendly at the moment as a form of payment.

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December 05, 2019, 01:45:25 PM
 #502

Yes this is problem with litecoin is not used by people and is only mined and selled or people buy and trade and hold, is not used like bitcoin on services, i see also Ethereum will be used on service i use like bitcoin not right now but in short time.
Litecoin hasn't got large scale usage as bitcoin or ethereum on real life needs. As it ia one among the top list of cryptocurrency most of the service renders accepting cryptocurrency add litecoin to the list. As described litecoin is much used on trading services and gambling which contribute to ita circulation. It looks to be sleeping, but the potential will be known when bitcoin starts to pump.

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December 05, 2019, 02:01:24 PM
 #503

Litecoin is just another coin that has no real usage I just don't get why you would wanna use Litecoin over Ethereum or Bitcoin.


That might be one way for them to get cheap transactions by buying Litecoin and making paper money that does not so experience high transaction costs. But everyone has different thoughts to judge the many coins in the crypto world.

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December 05, 2019, 02:25:41 PM
 #504

Yes this is problem with litecoin is not used by people and is only mined and selled or people buy and trade and hold, is not used like bitcoin on services, i see also Ethereum will be used on service i use like bitcoin not right now but in short time.
Litecoin hasn't got large scale usage as bitcoin or ethereum on real life needs. As it ia one among the top list of cryptocurrency most of the service renders accepting cryptocurrency add litecoin to the list. As described litecoin is much used on trading services and gambling which contribute to ita circulation. It looks to be sleeping, but the potential will be known when bitcoin starts to pump.
Well, although litecoin is not so well known and there are few practical needs for crypto users but since the beginning, it has had a strange relationship with bitcoin, that makes people believe that when bitcoin is pumped, litecoin will also have many opportunities to follow, many situations have been recorded in history. However, this giant is seemingly getting sick and getting weaker over time, no longer following the pace of bitcoin, so no matter how potential litecoin is in the past or the future, I will still look at reality to invest.

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December 05, 2019, 02:53:26 PM
 #505

I don't know why someone would be bullish on Litecoin. I still feel the coin is strongly traded because of the affinity to Bitcoin. The developments of Litecoin is mediocre at best and just because Charlie Lee has the support of many exchanges doesn't make  LTC better  than the rest of the altcoins.

I don't know how anyone who makes any cryptocurrency transactions may not notice that the LTC transaction fee is lower than many other altcoins?! This is the main asset of Litecoin for me at the moment - low transaction fees. From what I've noticed, only XRP is slightly lower, but it's not cryptocurrency. Wink

Actually Bitcoin Cash is the number contender of Litecoin in terms of cheaper exchange-to-exchange crypto transfer fees. Exchanges are the one who are mainly responsible for the cost of moving your crypto assets. I use LTC or BCH when moving micro TX.

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December 05, 2019, 04:59:28 PM
 #506

Litecoin is having tough times at the moment. After the halving many miners quit mining, price is declining for some time. They are accused they have no development in the past year, nothing new on github, I already commented that and shared the link of Charlie Lee denying that, here it is again https://www.newsbtc.com/2019/08/11/litecoin-founder-claims-ltc-development-is-going-strong-but-are-investors-disillusioned/.
Its no secret that litecoin have some problems at the moment, what will happen we can just guess. I think its temporary and litecoin will shine again.

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December 06, 2019, 12:30:23 PM
 #507

Litecoin is having tough times at the moment. After the halving many miners quit mining, price is declining for some time. They are accused they have no development in the past year, nothing new on github, I already commented that and shared the link of Charlie Lee denying that, here it is again https://www.newsbtc.com/2019/08/11/litecoin-founder-claims-ltc-development-is-going-strong-but-are-investors-disillusioned/.
Its no secret that litecoin have some problems at the moment, what will happen we can just guess. I think its temporary and litecoin will shine again.

Meh. I think the last Litecoin development was just riding the segwit hype when big brother Bitcoin is having congestion issues and thus needed a hardfork to address the congestion. Litecoin just frontran the update hype, after that, nothing anymore.

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December 06, 2019, 03:30:11 PM
 #508

I don't know why someone would be bullish on Litecoin. I still feel the coin is strongly traded because of the affinity to Bitcoin. The developments of Litecoin is mediocre at best and just because Charlie Lee has the support of many exchanges doesn't make  LTC better  than the rest of the altcoins.

I don't know how anyone who makes any cryptocurrency transactions may not notice that the LTC transaction fee is lower than many other altcoins?! This is the main asset of Litecoin for me at the moment - low transaction fees. From what I've noticed, only XRP is slightly lower, but it's not cryptocurrency. Wink

Actually Bitcoin Cash is the number contender of Litecoin in terms of cheaper exchange-to-exchange crypto transfer fees. Exchanges are the one who are mainly responsible for the cost of moving your crypto assets. I use LTC or BCH when moving micro TX.

Yes, it's true, but just as I don't like XRP for not being a real cryptocurrency, I just don't like BCH for Roger Ver saying it's just a business. Unfortunately, but that's why I stopped respecting this man. That's why I use only LTC for transfers. And again I will say that this is why Litecoin is currently the most friendly coin for small transactions.

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December 07, 2019, 10:09:41 AM
 #509

Yes this is problem with litecoin is not used by people and is only mined and selled or people buy and trade and hold, is not used like bitcoin on services, i see also Ethereum will be used on service i use like bitcoin not right now but in short time.
Litecoin hasn't got large scale usage as bitcoin or ethereum on real life needs. As it ia one among the top list of cryptocurrency most of the service renders accepting cryptocurrency add litecoin to the list. As described litecoin is much used on trading services and gambling which contribute to ita circulation. It looks to be sleeping, but the potential will be known when bitcoin starts to pump.
Litecoin is very useful for payment, so this coin is still popular during this time. I have 10% of my assets to invest in this coin for a long time and have made huge profits in the past so it's time for you to reconsider again as Litecoin will definitely increase in price over time. Of course, it's not always possible to make good profits from this coin but 2020 will be Litecoin new era.






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December 07, 2019, 03:03:34 PM
 #510

I don't know why someone would be bullish on Litecoin. I still feel the coin is strongly traded because of the affinity to Bitcoin. The developments of Litecoin is mediocre at best and just because Charlie Lee has the support of many exchanges doesn't make  LTC better  than the rest of the altcoins.

I don't know how anyone who makes any cryptocurrency transactions may not notice that the LTC transaction fee is lower than many other altcoins?! This is the main asset of Litecoin for me at the moment - low transaction fees. From what I've noticed, only XRP is slightly lower, but it's not cryptocurrency. Wink

Actually Bitcoin Cash is the number contender of Litecoin in terms of cheaper exchange-to-exchange crypto transfer fees. Exchanges are the one who are mainly responsible for the cost of moving your crypto assets. I use LTC or BCH when moving micro TX.

Yes, it's true, but just as I don't like XRP for not being a real cryptocurrency, I just don't like BCH for Roger Ver saying it's just a business. Unfortunately, but that's why I stopped respecting this man. That's why I use only LTC for transfers. And again I will say that this is why Litecoin is currently the most friendly coin for small transactions.

It's very clear to say that Litecoin is one of the best coins to produce a small transaction fee now. Although they have a price that is not so good to experience an increase this year. but in the next year it will be different from now.

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December 07, 2019, 03:14:44 PM
 #511

Yes this is problem with litecoin is not used by people and is only mined and selled or people buy and trade and hold, is not used like bitcoin on services, i see also Ethereum will be used on service i use like bitcoin not right now but in short time.
Litecoin hasn't got large scale usage as bitcoin or ethereum on real life needs. As it ia one among the top list of cryptocurrency most of the service renders accepting cryptocurrency add litecoin to the list. As described litecoin is much used on trading services and gambling which contribute to ita circulation. It looks to be sleeping, but the potential will be known when bitcoin starts to pump.
Well, although litecoin is not so well known and there are few practical needs for crypto users but since the beginning, it has had a strange relationship with bitcoin, that makes people believe that when bitcoin is pumped, litecoin will also have many opportunities to follow, many situations have been recorded in history. However, this giant is seemingly getting sick and getting weaker over time, no longer following the pace of bitcoin, so no matter how potential litecoin is in the past or the future, I will still look at reality to invest.
Litecoin conditions are excellent, stable positions make Litecoin in high rankings. With progress, Litecoin can get a high revolution.
 So if we have a Litecoin and invest in a long team can choise well. I strongly agree to stay in Litecoin and support thrive in the future.
and than for Litecoin to us and many people can be rich with sleeping giants.

 
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cribusen
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December 07, 2019, 03:50:01 PM
 #512

Without any doubt LTC is a great coin, but I do not see any further potential, because halving has passed without any affect. It does not seem that big investors are really interested in Litecoin at the moment, everyone is in BTC.
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December 07, 2019, 06:56:02 PM
 #513


Litecoin is unlikely to ever be Silver to Bitcoin's Gold.

https://bitcoinist.com/litecoin-may-not-become-silver-to-bitcoins-gold-afterall/

Well, this is what I've been claiming all year. My only hope now is that a pump of BTC gets LTC back on track to at least act as a 'regular' altcoin,

rather than the 'high hopes of being LTC being Silver to BTC's Gold'.

IF that is Litecoin actually does do more to go its own way from Bitcoin (like Mimblewimble) and acts as a coin with its own innovations as well

as the usual bitcoin core upgrades, they deem prudent. You have to have more than just Litecoin as a name and the motto!

We will see, but this coin definitely needs more room to develop than just Mimblewimble and the same old bitcoin core upgrades.




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December 08, 2019, 03:25:26 PM
 #514

LTC is as aworthless as most of cryptos.. The only reasons it's still around is people sentiment and big market cap which is virtually meaningless but keeps LTC in the spotlight. Almost too big to fail.
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December 08, 2019, 05:06:37 PM
 #515

LTC is as aworthless as most of cryptos.. The only reasons it's still around is people sentiment and big market cap which is virtually meaningless but keeps LTC in the spotlight. Almost too big to fail.
If you're saying all this because of the disappointment in surge in price of litecoin that happened during it halving then you're wrong. Although, litecoin might lost his trust by someone crypti communities ever since Charlie announcement that he sold all his holding but litecoin still among the long existing coin in the market that still hold the top 10 rating. However, litecoin usually experience his new ATH when it bitcoin halving.

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December 08, 2019, 10:35:08 PM
 #516

You will all see the potential of Litecoin soon!
I totally agree with you, Litecoin is a sleeping giant. I believe that by next summer Litecoin will fully recover and grow strongly. Currently, the price of Litecoin is $ 45, this is a very good price for us to buy Litecoin, I believe that in the future, Litecoin will surpass the price of $ 200.

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December 08, 2019, 10:56:42 PM
 #517

You will all see the potential of Litecoin soon!
I totally agree with you, Litecoin is a sleeping giant. I believe that by next summer Litecoin will fully recover and grow strongly. Currently, the price of Litecoin is $ 45, this is a very good price for us to buy Litecoin, I believe that in the future, Litecoin will surpass the price of $ 200.

er...why would litecoin pump vs other altcoins? I don't understand. I mean maybe with Mimblewimble by then..but aside from that Litecoin Development is not

what it should be.

But your reasons, please. The old when BTC pumps LTC pumps arguement does not work anymore. Litecoin needs to be more its 'own' coin IMHO>

But again, your reasoning?


Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/2021. It also works with Windows 10 and likely 11 and allows 16 bit DOS game doors on the same Win 10 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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December 09, 2019, 06:36:41 AM
 #518

This giant is depending on another giant, so its potential displayed or not depends on the growth of bitcoin. I don't know the exact time but LTC will come back strong.
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December 09, 2019, 02:13:04 PM
 #519

Agree with Searing. I am an old holder of Litecoin here and I will say that its development before was what kept it very attractive (getting segwit ahead of BTC for example). And then maybe it will be the first to do LN properly, atomic swap properly, privacy etc properly but it has to be quicker than now. Get back to the old speed of making developments and upgrades quicker.

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December 09, 2019, 02:59:01 PM
 #520

This giant is depending on another giant, so its potential displayed or not depends on the growth of bitcoin. I don't know the exact time but LTC will come back strong.

I believe that, in fact, part of my earnings in Bitcoin in my Cryptotalk campaign I trade with Litecoin, 2 times a week, 2 times with Ethereum and 3 times with Bitcoin, and then I buy all the other coins I want to hodl as I figure out that another all-time high is looming on all the best coins in the market, and these three coins especially Bitcoin is such a great choice.

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