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Author Topic: Could Litecoin Become a Targeted Coin After Bitcoin?  (Read 321 times)
zeingrind777 (OP)
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October 25, 2018, 03:27:08 AM
 #1

I see the popularity of one of the altcoins that are no less good than bitcoin and is very possible in the future to be invested in litecoin. If you see how Litecoin appears, you will find that Litecoin was created as a second chance for those who cannot invest in Bitcoin or use it. Currently, Litecoin is able to make transactions faster than bitcoin, with block confirmation time only taking 2.5 minutes, which is four times faster than bitcoin 10 minutes.

Litecoin is also similar to other bitcoin and cryptocurrency, there is a maximum and minimum Litecoin limit that will be available. If bitcoin has 21 million coins that can be mined, while there are 84 million Litecoin that can be mined in the next few years. And of course, this will be the target of crypto miners in the years to come after bitcoin was taken out by the current miners.
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October 26, 2018, 03:23:11 AM
 #2

I don't know because many other coins can be a potential coin after bitcoin. Besides that, litecoin is under ethereum for the price, and it needs time for litecoin to increase higher. I agree that litecoin has a fast confirming in the transaction and it no need to takes a long time to receive litecoin in our wallet. Maybe in the next years, the litecoin price will go up and can compete with the other expensive coin. The last higher price is at 2017, and we are not seeing the higher price of litecoin in this year, so we still have much time to see the litecoin price increase.

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October 26, 2018, 03:41:44 AM
 #3

What are those other bitcoin?

If difficulty of other altcoins increases and the only one that can be seen as a good coin to mine then miners would jump quickly to Litecoin for sure.

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October 26, 2018, 03:47:16 AM
 #4

Litecoin is another alternative option that is more promising than we have to choose a new altcoin or shitcoin and also better than we invest in ico. Indeed litecoin will not be able to compete with bitcoin, but litecoin is a viable asset to hold in a portfolio.

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zeingrind777 (OP)
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October 26, 2018, 10:10:57 AM
 #5

What are those other bitcoin?

If difficulty of other altcoins increases and the only one that can be seen as a good coin to mine then miners would jump quickly to Litecoin for sure.
I'm not saying Altcoin like LTC is better than BTC. But if the BTC has run out to be mined, the miner will target another coin to be mined. Because we all know that cryptocurrency has a limited total supply

That means that the miner must have a target coin that will be mined if BTC has run out and cannot be mined again.
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October 26, 2018, 10:21:51 AM
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 #6

Litecoin is a good coin with all the qualities you have listed,for the minners,litecoin maybe their next target after Bitcoin but don't forget crypto is not just about minning,looking at others things,there are many coins with potential that will make it difficult to conclude that litecoin become a target after Bitcoin
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October 27, 2018, 05:47:28 AM
 #7

Litecoin is a good coin and it certainly has the potential to be the alternative of bitcoin. Its currently just behind ETH in the price list. Who knows maybe one day it will even surpass bitcoin.
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October 27, 2018, 06:09:22 AM
 #8

Many other coins can be a potential coin after bitcoin. Besides that litecoin is under ethereum for the price and it needs time for litecoin to increase higher. Maybe in the next years the litecoin price will go up and can compete with the other expensive coins.
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October 27, 2018, 06:14:09 AM
 #9

I mean Litecoin is technologically superior to Bitcoin, but so is just about every other crypto, so I don't think that's a value proposition. But Litecoin has a long history as far as crypto is concerned and will probably remain relevant as the "silver" to Bitcoin's gold.

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October 27, 2018, 07:42:37 AM
 #10

yes i also think so. LTC will be a good targeted coin of investors and whales too. also its investor is alive and ltc is great coin among crypto community. if btc reach $100000 then i think LTC deserves to be around $3000 to $5000

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October 27, 2018, 07:50:39 AM
 #11

Litecoin has got a lot of potential, but there are also other coins out there who has hgot more potential than that. So, chances of Litecoin becoming the next coin with satbilty right after Bitcoin is lower. However, if some certain situation arises in the market where Litecoin remains unaffected, it has got a chance of becoming the next targeted coin after bitcoin.
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October 27, 2018, 01:28:56 PM
 #12

What are those other bitcoin?

If difficulty of other altcoins increases and the only one that can be seen as a good coin to mine then miners would jump quickly to Litecoin for sure.
I'm not saying Altcoin like LTC is better than BTC. But if the BTC has run out to be mined, the miner will target another coin to be mined. Because we all know that cryptocurrency has a limited total supply

That means that the miner must have a target coin that will be mined if BTC has run out and cannot be mined again.
If all supply of bitcoin has been mined then miners will keep on mining bitcoin for confirming transactions.

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October 27, 2018, 01:32:01 PM
 #13

Yes and I think it is going to happen in the future. I mean one LTC costs only 50 bucks and it is a very perspective coin that in my opinion is much better than Bitcoin. LTC is much faster and the transactions are also much cheaper.
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October 27, 2018, 05:49:33 PM
 #14

I see the popularity of one of the altcoins that are no less good than bitcoin and is very possible in the future to be invested in litecoin. If you see how Litecoin appears, you will find that Litecoin was created as a second chance for those who cannot invest in Bitcoin or use it. Currently, Litecoin is able to make transactions faster than bitcoin, with block confirmation time only taking 2.5 minutes, which is four times faster than bitcoin 10 minutes.

Litecoin is also similar to other bitcoin and cryptocurrency, there is a maximum and minimum Litecoin limit that will be available. If bitcoin has 21 million coins that can be mined, while there are 84 million Litecoin that can be mined in the next few years. And of course, this will be the target of crypto miners in the years to come after bitcoin was taken out by the current miners.
Maybe. Who would have imagined that the 2017 market cap of cryptocurrencies would grow so much? From double digits to triple digits. That's insane growth… We just don’t know what will happen  Roll Eyes
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October 27, 2018, 06:09:08 PM
 #15

I do take litecoin as a serious coin for my longterm portfolio, i want to hold btc, eth and ltc for longterm because im personally very confident and bullish about these assets over long time frames.

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October 27, 2018, 06:12:25 PM
 #16

Litecoin is a dead project since the founder of Litecoin has sold all his coins. Why he did it? Because he wants to make Litecoin decentrealized? Cmon.
He knew very well where his project was going  Wink Cool.

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October 27, 2018, 06:31:10 PM
 #17

I think that Ethereum will retain his second place. Even if Neo, Nem or some other ethereum-like cryptocurrency will become stronger, a lot of projects would be still based on the Ethereum ecosystem.
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October 27, 2018, 09:10:39 PM
 #18

I don't see any chances of success for this coin. It's good, no doubt, but as for me, this coin's faceless and has no benefits over Bitcoin and new blockchains which are quicker and cheaper.
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October 29, 2018, 10:06:46 PM
 #19

Lite coin has potential but there are plent of of ther altcoins that are providing similar attributes. I am skeptical of it being the next targated coin after Bitcoin.
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October 29, 2018, 10:07:05 PM
 #20

Honestly, I do not think so. As there are many altcoins with more features and potential other than Litecoin. Like Monero which after applying "Bulletproof" has cut their transactions cost almost 0.
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