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Author Topic: Is Litecoin dead? What's happening?  (Read 2623 times)
bangjoe
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May 07, 2019, 11:25:03 PM
 #61

the goal is good and it is indeed a big project but unfortunately there are too many rivals for litcoin and the next problem is because litecoin cannot compete, in the past when coins like ethereum increased, I did not see litecoin trying to win the market and now, BNB shines and other coins are only shadows including litecoin
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Alucard2425
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May 08, 2019, 01:49:44 AM
 #62

Lite coin is a good coin and its farm from dead i believe this is only natural to get low price on a past bear market and even popular coins had suffer big amount of lost of price in the market, I say buy now while still price is down  Wink
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May 08, 2019, 02:43:25 AM
 #63

the goal is good and it is indeed a big project but unfortunately there are too many rivals for litcoin and the next problem is because litecoin cannot compete, in the past when coins like ethereum increased, I did not see litecoin trying to win the market and now, BNB shines and other coins are only shadows including litecoin
Can't compete but that doesn't mean it can't survive right? I realized that altcoin is no longer the second choice in crypto, it is no longer the main choice in altcoin. but the price development of Litecoin sometimes benefits to you, and Litecoin is far from dead..
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May 08, 2019, 03:19:35 AM
 #64

the goal is good and it is indeed a big project but unfortunately there are too many rivals for litcoin and the next problem is because litecoin cannot compete, in the past when coins like ethereum increased, I did not see litecoin trying to win the market and now, BNB shines and other coins are only shadows including litecoin

I don't know what do you mean by rivals or competitors of Litecoin though.

Remember that litecoin network is similar to bitcoin, so if there is a competition it should be bitcoin and not the rest of the altcoins.  Grin

What do you expect from BNB? They have the full backing of the top crypto exchange now so it's obvious that it will grow overtime.

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May 08, 2019, 03:26:06 AM
 #65

the goal is good and it is indeed a big project but unfortunately there are too many rivals for litcoin and the next problem is because litecoin cannot compete, in the past when coins like ethereum increased, I did not see litecoin trying to win the market and now, BNB shines and other coins are only shadows including litecoin
Litecoin remains stable at this time and this coin is always very suitable for investment. I think Litecoin will have a lot more value in the future and you don't need to worry too much because the price of Litecoin to be achieved this year is $200. The development team will soon return to work in the near future and if they have technology updates then investors will keep this coin more and very suitable for long-term profit.
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May 08, 2019, 03:56:33 AM
 #66

It is too soon to call Litecoin is dead. It is more appropriate to call the coin like this as kind of FUDs when Litecoin fall to below 0.01 BTC. Moreover, Litecoin is silver, and it won't be a dead coin. So, any kinds of news, threads call Litecoin is a dead coin are just FUDs. At the moment, it is just a start of Litecoin corrections, and the coin might gradually fall and has to go through a very long journey to below 0.01 BTC. For now, I predict Litecoin might fall to around 0.0108 BTC first, then we will see if flash crashes occur the coin will fastly fall to below 0.01 BTC or not.
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May 08, 2019, 04:07:14 AM
 #67

I dont think that there are so many deads altcoin, but most of them are totally gone and the developer is really not wanted to develop the coin.
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May 08, 2019, 04:07:57 AM
 #68

You really don't know what's happening in the market and Litecoin as well, Litecoin still has volume still has large community support, people are still buying and holding their litecoin, so you are creating FUDS so they can sell you their coins at a much lower price and make yourself a profit onwards.

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May 08, 2019, 04:15:59 AM
 #69

I don't think litecoin is going to die, just the opposite.

It's a coin that has been around for a long time and from my point of view, the litecoin team is doing it very well working on adoption and getting litecoin in the mainstream.

I would recommend you keep those litecoins (a few years if possible) and without doubt, you will make a good profit of it  Wink




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May 08, 2019, 04:31:06 AM
 #70

I have read an article regarding the Litecoin price concern ( I forgot which article it was ).  Fungibility and privacy were sighted as the main reason why Litecoin isnt performing very well, and we can see the price as a reflection to this issue.
I do have Litecoin in my portfolio too and Im still hopeful as the team maybe working on these areas to improve Litecoin's performance in terms of confidential transactions on its blockchain network.

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May 08, 2019, 04:36:01 AM
 #71

Litecoin is currently struggling as its team have not been doing much to get other cryptocurrency projects to use its blockchain. If other coins are built on it, it will certainly create more demand for it.

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May 08, 2019, 04:56:55 AM
 #72

LTC is one of the oldest projects on cryptomarket, also there is come LTC block reward halving. So, I think the price may grow soon.
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May 08, 2019, 05:00:44 AM
 #73

Litecoin is still in the top 8 list so it will not die, but still develops and has a future. Litecoin's volume and value are still good and of course the community will defend it, Litecoin is still worthy of being a long-term investment and positive thinking will bring you goodness.
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May 08, 2019, 05:56:50 AM
 #74

I dont think that there are so many deads altcoin, but most of them are totally gone and the developer is really not wanted to develop the coin.
only coins that have a poor and troubled team that will die. if I speak litecoin, I think it's hard to die because litecoin has many interests and coins that have been around for a long time. all coins feel the same way and now is the time of difficulty going up, but I'm sure only a strong coin will solve it and experience a rise at some point.

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May 08, 2019, 07:59:46 AM
 #75

the goal is good and it is indeed a big project but unfortunately there are too many rivals for litcoin and the next problem is because litecoin cannot compete, in the past when coins like ethereum increased, I did not see litecoin trying to win the market and now, BNB shines and other coins are only shadows including litecoin

Litecoin has always had too many rivals,,, so this is not a new problem for them. However, be reminded that unlike all the rivals almost, Litecoin has stood alone next to Bitcoin in terms of adoption and payment merchants. Forget about the stupid comparisons of price versus Ether or some other platform coin like BNB. LTC is a slow growth but steady appreciation coin with intense development work and a solid community. BNB coins come and go, LTC are here to stay.

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May 08, 2019, 08:07:40 AM
 #76

Litecoin does not die, everything will be fine with Litecoin, because Litecoin is a top altcoin and I often watch this altcoin and see that investors are constantly buying Litecoin and are holding up till better times, the Litecoin team itself is quite very active.

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May 08, 2019, 08:13:05 AM
 #77

Don't make a conclusion quickly, I know litecoin and still has potential to make the price up, the current situation just a trying for some investor to make its price goes up. As you can see wit bitcoin price, now the price movement will try to head off $6000 for resistance and it failed because the information of binance but later the price bitcoin will try to reach it again. And this is same with litecoin price, some users has tried to make the price up in the beginning of this year but they failed to reach the price they wanted so as make the price fall and I believe soon the price will goes up slowly. I wrote based on my technical analyst I don't know with the fundamental factors, maybe it will be different.

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Alpinat
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May 08, 2019, 08:20:37 AM
 #78

No litecoin is not dead. There are so many experts and traders that are still investing in it. The value of it is just that because it increases on a total of 3X so that's why increasing and decreasing is very normal on it. We all should just wait for the right timing again. Litecoin will always be there.

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Shani khan
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May 08, 2019, 08:23:43 AM
 #79

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  Angry 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/
I disagree that  Litecoin is dead  because  it is to create a currency for cheap and very fast transactions.
Litecoin a lot of traders accept beacuase it’s fast in demonstration. It has a massive market cap supply and volume.
swivel1983@gmail.com
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May 08, 2019, 08:39:18 AM
 #80

In my opinion Litecoin this year is one of the most high-profile projects on the market and by the end of the year the coin can significantly rise in price. I understand that there are a lot of rumors around the project from the very beginning of its appearance, but LTC has a good team and a bright leader who promotes the project.

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