Is Litecoin dead? What's happening?

[bobsav2121]

Litecoin, for all I know, aspired to be the "fast cryptocurrency that big corporations like Amazon were going to start using". As of today... I feel like Litecoin is essentially dying  I hold quite a good amount of LTC and really don't know what to do with it...

Thoughts?

Edit; I found this nice article that summarizes what LTC has been up to but idk how I feel about this...: https://cryptotradernews.com/cryptocurrency/whats-happening-with-litecoin/

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[MMS2017]

Rise and fall is the universal affect of crypto and it is possible that some time a coin can silent for a better reason i would like to make some other coins through bounty and it is good for me to hold different coins for bright future crypto coins is the best option for me as student because it is a type of job for me and i can provide my skills and services to earn some crypto.

[Litzki1990]

I do not believe is litecoin dead i have seen that litecoin platform is continue developing and many investors absolutely believe in litecoin, right now the price of litecoin was so good and i continue to hold the litecoin and maybe it will give huge of value in the future.

[Stanlo]

Litecoin is far from been dead ,believe me its never going to happen ,litecoin is one of the oldest coins out there and it survive till date for some reasons ,we have few updates this year alone ,atleast it shows that the team still supports it ,my question is hope you aren't holding only litecoin?

[Remainder]

Litecoin is far from been dead ,believe me its never going to happen ,litecoin is one of the oldest coins out there and it survive till date for some reasons ,we have few updates this year alone ,atleast it shows that the team still supports it ,my question is hope you aren't holding only litecoin?

Litecoin have recovered heavily, just like Bitcoin.
I'm using the graph for the 3 months statistics, and we can see that the lowest price was $33 (rounded off),
while the current price is $77, we can tell there's a major improve and it's over 100%.


Looking at the above, IT'S NOT DEAD>  

[Lakai01]

In terms of prices LTC is definitly not dead. One of the few coins which could keep pace with BTCs rise in the last few month.
In terms of features and project development LTC will definitly face hard times. There arent any features which other Top 20 coins dont offer.

[okala]

You should know that volatility is part of all cryptocurrencies and at that you should not expect litecoin to always be increasing in price at all time and don't get your self worked out because of a slide downward movement in the price of the coin because that can not avoided in the market. If you have seen the potential in litecoin and being able to accumulate huge amount as you have said then you should continue to believe and support the coin. I see the entire crypto market recovering and doing great at the moment.

[VanDeinsberg12]

Litecoin is far from been dead ,believe me its never going to happen ,litecoin is one of the oldest coins out there and it survive till date for some reasons ,we have few updates this year alone ,atleast it shows that the team still supports it ,my question is hope you aren't holding only litecoin?

Litecoin have recovered heavily, just like Bitcoin.
I'm using the graph for the 3 months statistics, and we can see that the lowest price was $33 (rounded off),
while the current price is $77, we can tell there's a major improve and it's over 100%.


Looking at the above, IT'S NOT DEAD>  

It's not dead on the hype and its price but if we can see that from the fundamental of litecoin and it looks like a dead coin. No utility usage and it becomes an experimental coin to implement any solution that will be implemented to the bitcoin protocol.
https://blokt.com/news/litecoin-just-a-glorified-testnet-of-btc-charlie-lee-wont-take-it-lying-down-fires-back-at-novogratz
People are interesting to buy it caused by the hype of bitcoin too and remember this one looks better rather than any other bitcoin fork coins.

[jak3]

There is no bad on holding LTC it's also one of the best Virtual currency you can hold. just keep holding it and you will surely gonna make a profit. and on the other hand, don't forget ltc and doge are used widely nowadays because they are much faster and takes much lower fees then bitcoin does.

[Ailmand]

You should know upon entering crypto that every altcoin is volatile and that's the big risk of it. If you're an optimistic holder, then you should keep in mind that there's an increase and decrease of the prices which we cannot control so we must always take advantage of the market. Litecoin has a big potential so I think doubting about it won't help.

[Red-Apple]

Litecoin, for all I know, aspired to be the "fast cryptocurrency that big corporations like Amazon were going to start using".

this is the first time i am hearing the bold part
litecoin was created to be faster than bitcoin and have a higher supply but it never was any talk of big corporations using it and why would they when there is bitcoin?

As of today... I feel like Litecoin is essentially dying 

that is how all the copy coins end up to be like and litecoin is the only best copy coin since it was the first and it has its own blockchain from scratch but even with that LTC still has little usages.

I hold quite a good amount of LTC and really don't know what to do with it...
Thoughts?

you shouldn't have bag held any altcoins in first place because none of them have any long term potential.

[bonker]

Litecoin, for all I know, aspired to be the "fast cryptocurrency that big corporations like Amazon were going to start using". As of today... I feel like Litecoin is essentially dying  I hold quite a good amount of LTC and really don't know what to do with it...

Thoughts?

Edit; I found this nice article that summarizes what LTC has been up to but idk how I feel about this...: https://cryptotradernews.com/cryptocurrency/whats-happening-with-litecoin/

The price of litecoin is also doubled from beginning of this year but it remains silent due to the increase on other coins as well.If you are holding litecoins then better just hold it now rather than confusing your mind you are on the right track now to make huge profits.

[shiming]

I heard that the Litecoin died, just like the sound of bitcoin dying, but the market tells us that Litecoin and Bitcoin are very strong. At present, Litecoin has risen several times from the lowest point to the present, and the momentum is very good. To be halved. look forward to.

[ahmadinejad93]

what I know now is that Litecoin has many advantages over Bitcoin and many other currencies, making it in a strong position, the current LTC is the only cryptocurrency designed and available technically as a currency. This means that it can be used as a normal fiat currency.

[sopanbmp]

that's imposible! just because the price was dropping, it's not mean the coin is dead. all I can said is that only losing demand in the market, Now Bitcoin showing to us that bullish will coming very soon hopefully it will causing altcoin price like LTC increased as well.

[bitsurfer2014]

We cannot even assume a coin is dead even if its not in the top 50 in Coinmarketcap in terms of market capitalization, yet how much more if its currently in the over all top 5 and in this case its Litecoin occupying that spot? Its even harder to think that it will be dead anytime soon when it enjoys a solid mass following and a significant number of merchant adoptions.

[creeps]

Litecoin, for all I know, aspired to be the "fast cryptocurrency that big corporations like Amazon were going to start using". As of today... I feel like Litecoin is essentially dying  I hold quite a good amount of LTC and really don't know what to do with it...

Thoughts?

Edit; I found this nice article that summarizes what LTC has been up to but idk how I feel about this...: https://cryptotradernews.com/cryptocurrency/whats-happening-with-litecoin/

You bought LTC because you believe on its technology, and if  you still believe on that you have to wait for the recovery period because LTC is not dead yet. You just feel it because there's no major pump on LTC, don't worry because the bull market is soon to start and LTC is still a top 5 coins in the market. $300 might be hard for LTC to hit again but I know there's a right for that, as long as LTC on the top 10 coins I'm confident that there's still a chance to pump.

[alexsandria]

Rise and fall is the universal affect of crypto and it is possible that some time a coin can silent for a better reason i would like to make some other coins through bounty and it is good for me to hold different coins for bright future crypto coins is the best option for me as student because it is a type of job for me and i can provide my skills and services to earn some crypto.

Well, but the topic here is about litecoin, yes, the market value of some crypto does somehow fades, but not those that are already well built in the market. We all know that LTC has allot of supporters and that is why we are wondering what could be the possible reason why these things happen. Maybe soon, the root will be exposed.

[pushups44]

I strongly disagree that Litecoin is dead. Major financial institutions are allowing Litecoin trading, and its market is very liquid. Litecoin is complementary to bitcoin and will probably be around in 2025. Soon Litecoin will be adding privacy features that will give it more use cases.

[mindrust]

I don't know why you think like that but I think litecoin is fine and not going to die any time soon. Even the article you posted says that LTC seeks ways to improve its protocol by implementing MimbleWimble.

LTC has some solid userbase/holders. If something bad happens to btc, my second choice would be ltc.