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Author Topic: Is Litecoin dead? What's happening?  (Read 2806 times)
sirminesalot
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October 31, 2019, 10:12:57 AM
 #161

I think Litecoin is not dead, it's developing.
The last thing I heard is planning to add anonymous features, such as MimbleWimble protocol integration.
all the possibilities in investing can happen and no one can know for sure and in investment are needed by investors who like you because they need confidence and patience in investing and of course investors must also be able to take advantage of every opportunity that will be obtained in investing
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October 31, 2019, 10:16:10 AM
 #162

I used to use Litecoin as payment in few portals, given it limited usability/functions other than payment mode, which still quite low in terms of adoption, it will be struggle to stands out in the future. But it still one of the more reputable crypto. I see it has a future with really strong loyal users and good devs. At least their dev looks decent and less scammy compared to 99% out there.
Litecoin is still the best 'testnet' and pushing out milestones alternative to Bitcoin.
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October 31, 2019, 10:29:04 AM
 #163

If you mention Litecoin, can i ask about Neo? So much hope was on Neo, who can tell me what happened to NEO, Ita so sad to see NEO go so hard on the floor 😭, someday I hope it recovers one day and we all can smile

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October 31, 2019, 10:59:30 AM
 #164

That's what others think when I've asked them about Litecoin recently. I like this coin and for real, I'm still eyeing for it to be with other good coins in the future once the bull run appears to be back. But most of those people that I've asked told that Litecoin seems to be dead although it's not obvious because it's still tradeable everywhere and it has a nice volume but the development isn't that active at all, this is base on them. I use Litecoin for payments and it's very quick so IMO, it's going to be hard for it to be dead.

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October 31, 2019, 12:20:09 PM
 #165

If you mention Litecoin, can i ask about Neo? So much hope was on Neo, who can tell me what happened to NEO, Ita so sad to see NEO go so hard on the floor 😭, someday I hope it recovers one day and we all can smile

It's as with so many coins - it's a long way to actual success (or fail, for that matter). There surely will be more than one successful coin that prevails, but it's hard to tell which one.

Many people have bought into LTC, NEO and others while it was hyping, and they lost a lot of money. Back in late 2017, many prices were 99% based on speculation. If we're down to 90% speculative pricing, and not much progress has been made (in terms of actual adoption), this could mean a -90% performance since late 2017. I guess this is what many coins have been seeing.

Generally, we need a lot more adoption of crypto in the mass market for the prices to have a fundamental reason to go up.

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SaShiRaJaVu
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October 31, 2019, 02:04:17 PM
 #166

I think Litecoin is not dead, it's developing.
The last thing I heard is planning to add anonymous features, such as MimbleWimble protocol integration.
It is a great integration to add privacy to the coin but there is a negative aspect to it because the regulated exchanges will not allow privacy coins to be traded in them because the government does not like to have privacy and it might impact the price of the coin but if you take into account privacy then it is a great implementation.
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October 31, 2019, 03:10:14 PM
 #167

If litecoin is dead then we can see the 0 value of litecoin now, but no, Litecoin is still alive. It's just the down price not dead, just keep hold your litecoin, but if you don't have patience to hold litecoin then you can convert any altcoins that you believe that has potential.

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November 02, 2019, 06:15:14 PM
 #168

I think Litecoin is not dead, it's developing.
The last thing I heard is planning to add anonymous features, such as MimbleWimble protocol integration.
Not that I am saying they are dead, but I am still not seeing any development in it because the same way they have been after the bear market is the same way that they are still till date. At least, it is not only Litecoin that is being affected by the bear market amongst the top altcoins, but the other altcoins have tried to do everything possible to actually work on their own project and we have at least seen some evidence of that.

I understand from you though that they are working on something, but let us hope that this new work of their would not just bring unnecessary expectation like we all expected the market cap of Litecoin to recover fully in their last halving with so much anticipation from people, but the halving had no effect till this very moment.
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November 02, 2019, 06:22:44 PM
 #169

LTC is good, especially right now the price is great to fill your pockets with this coin. I believe that LTC, ETH and BCH would be the first three coins that would boom after the new beginning of a bulltrend, that is hopefully coming in the nearest future.


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November 02, 2019, 06:38:12 PM
 #170

LTC is good, especially right now the price is great to fill your pockets with this coin. I believe that LTC, ETH and BCH would be the first three coins that would boom after the new beginning of a bulltrend, that is hopefully coming in the nearest future.
when the market enters an uptrend not only the 3 coins you mention will increase. even all altcoin can and have the same possibility to increase. but that depends on how the developer responds to incoming bulls. if the developer can maintain and increase the community and that request will be good. but if they are no longer trusted by the community or their community is weak it will be bad even though the bull pump is running.
LTC might be good, but seeing things that don't go according to plan, I think some of the community of supporters also has less trust in developers.
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November 02, 2019, 07:21:46 PM
 #171

There's no way litecoin is dead. Perhaps investors have lost hope in litecoin by looking at the current state. However, I believe this is the right time to get some litecoin tokens in addition to ethereum and bitcoin because they have the potential to boom when the market recovers and prices increases.

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November 04, 2019, 08:29:49 PM
 #172

There's no way litecoin is dead. Perhaps investors have lost hope in litecoin by looking at the current state. However, I believe this is the right time to get some litecoin tokens in addition to ethereum and bitcoin because they have the potential to boom when the market recovers and prices increases.

Actually not only the light coin all the cryptocurrencies are at the lower value in the market after the price dump started at the end of 2017 to now and hope it will increase more very soon.
When there is growth at that time we will find the same bump in litecoin also so go and invest on LTC to make money with it.

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November 04, 2019, 08:36:00 PM
 #173

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/
Using dead word looking not good and ethic, you have many word to describe with litecoin have lower price not must said with litecoin dead, so far litecoin only have lower price and back again to higher without have to claim with litecoin become dead altcoin, almost altcoin have lower price not only with litecoin but also many altcoin have been down like ethereum, bitcoincash.

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November 04, 2019, 08:49:30 PM
 #174

LTC is good, especially right now the price is great to fill your pockets with this coin. I believe that LTC, ETH and BCH would be the first three coins that would boom after the new beginning of a bulltrend, that is hopefully coming in the nearest future.
Litecoin was much expected to give a big growth unlike the market trend depending on the halving that was scheduled months back. There is no big growth, the market moved downwards along with bitcoin and rest of the leading altcoins. Litecoin is one of the best altcoin for bigger profiting, and now this has reached a price above $60 which to is a good buying price for good profiting.

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November 04, 2019, 10:49:53 PM
 #175

I think we should not panic, now is the time when the market is stable, it needs more time to recover. Litecoin too, it needs time to stabilize and increase in price. I think you should not worry, Litecoin is still ranked 6th on coinmarketcap. I believe that in the next few months Litecoin will recover in price and surpass $ 100. If you invest long-term and Litecoin, I believe that in the near future you will have a lot of money.

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November 04, 2019, 11:01:53 PM
 #176

I used to use Litecoin as payment in few portals, given it limited usability/functions other than payment mode, which still quite low in terms of adoption, it will be struggle to stands out in the future. But it still one of the more reputable crypto. I see it has a future with really strong loyal users and good devs. At least their dev looks decent and less scammy compared to 99% out there.
Litecoin is still the best 'testnet' and pushing out milestones alternative to Bitcoin.

It will indeed struggle. Its losing the spotlight gradually to Bch, Ethereum and sincerely speaking, apart from using litecoin as a mode of payment, I don't see any other use case it posses. And like you rightly said, litecoin adoption is slow. I have used some seo services online and I only see btc, eth and bch as payment options

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November 04, 2019, 11:27:53 PM
 #177

"fast cryptocurrency that big corporations like Amazon were going to start using
Guess that's not happening anytime soon, right?

Litecoin isn't on my favorite coin list, but it's relatively old (in crypto years) and established, and it is one of only a few coins that's going to make it in the next 10 years.  It's too bad that there aren't more businesses that accept it for payment, nor more people who invest in it.  It just isn't as popular as other cryptos, but it's very far from dead.  If you want to know what dead coins are, look at the ones on exchanges that sell for at or close to 1 satoshi, the ones that don't have any buy orders.  If you look at litecoin in that light, it's alive and vibrant.

Litecoin won't die in my opinion and it makes for a good currency.  Its popularity waxes and wanes, but overall it's one of the best coins out there.  It might not be the silver to bitcoin's gold, but it's still a damn good coin.
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November 04, 2019, 11:48:01 PM
Last edit: November 05, 2019, 12:37:19 AM by MathGame
 #178

LTC is good, especially right now the price is great to fill your pockets with this coin. I believe that LTC, ETH and BCH would be the first three coins that would boom after the new beginning of a bulltrend, that is hopefully coming in the nearest future.
Litecoin was much expected to give a big growth unlike the market trend depending on the halving that was scheduled months back. There is no big growth, the market moved downwards along with bitcoin and rest of the leading altcoins. Litecoin is one of the best altcoin for bigger profiting, and now this has reached a price above $60 which to is a good buying price for good profiting.
The Litecoin is not dead but the entire altcoins market is under heavy market correction that is all. It is about time the altcoins market will start the recovery since there are some momentum in the market. the bitcoin price is halving right now maybe when the bitcoin halving is over the altcoin season will follow. 
babicena14
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November 04, 2019, 11:48:16 PM
 #179

Altcoins are just experiencing now are not the best times. And I think that few of them will survive. But top altcoins have a chance for another growth. Therefore, do not jump to conclusions.

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November 05, 2019, 12:36:52 AM
 #180

The Litecoin is not dead the entire altcoins market is under heavy market correction that is all and about time the altcoins market will recover as well.

Agree, cryptocurrency market conditions are indeed not good and this has an impact on the price of Litecoin. I think if we wait to wait and hold for the long term, we will get a profit if we invest in Litecoin. Many analysts expect that Litecoin prices will penetrate the highest prices again
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