Let's talk little bit about LTC!

[Danslip]

In my opinion, the prospects of Litecoin go in parallel with Bitcoin.  It is not for nothing that many consider LTC to be the second BTC, and therefore the dependence on the price of bitcoin for this altcoin is obvious.  I also very rarely follow the news about Litecoin, but once some analysts predicted a price increase of up to $ 1,000, which does not look surprising, since everyone expects a ten-fold increase in bitcoin prices today.

That is right every altcoin follow BTC and therefore we can say that when BTC starts increasing, altcoins will follow BTC. However, it is just surprised number $1000 prediction for LTC, l don't think it is just possible for LTC to reach this number. On the other hand l think LTC will be one of the best profitable coin and it will be really worthwhile to collect LTC.

[Bezobraznike]

I am not good at analyzing a coin, but the price movement of LTC is always influenced by the movement of the price of Bitcoin so if the price of bitcoin is still a turn, the price of LTC will also be difficult to go up.

   Many alt-coins move together with Bitcoin, only with Bitcoin rise we can see Litecoin and other alt-coins to follow that. Litecoin
is next to Bitcoin in my opinion, and maybe there's no big announcements or marketing Litecoin is good investment for the future,
because it's good as it is.
   I believe in Litecoin in long-term. I think the price will rise in the future, as we said together with Bitcoin. It has a strong community
and I think many crypto-lovers recognize Litecoin as decentralized project amd the future is in decentralized projects!

[Golftech]

I am not good at analyzing a coin, but the price movement of LTC is always influenced by the movement of the price of Bitcoin so if the price of bitcoin is still a turn, the price of LTC will also be difficult to go up.

Until now LTC still moving in accordance to how bitcoin moves around the market, most of the time price depends in how bitcoin gain supports, once bitcoin is rising this coin also follows the trends, difficult to anticipate as it's relying with bitcoin.

Investment needs to analyze if you are going to start collecting this coin, knowing what would be the progress the project should have something to provide and not alone with how the hypes with bitcoin.

[Denreal]

It is still slow and i do not think the developers are doing anything yet to develop it and bring in more features, just like others are doing.
I do not want want to assume it has been abandoned.
Maybe if it is also halved, we would see an accelerated growth.

[m.rifki]

It is still slow and i do not think the developers are doing anything yet to develop it and bring in more features, just like others are doing.
I do not want want to assume it has been abandoned.
Maybe if it is also halved, we would see an accelerated growth.

LTC seems to need a major update to increase market demand. the market today is almost entirely slow-moving not only on LTC. and when we all believe in these assets, why not buy because now the prices are cheap.

[Denamen]

I am not good at analyzing a coin, but the price movement of LTC is always influenced by the movement of the price of Bitcoin so if the price of bitcoin is still a turn, the price of LTC will also be difficult to go up.

Until now LTC still moving in accordance to how bitcoin moves around the market, most of the time price depends in how bitcoin gain supports, once bitcoin is rising this coin also follows the trends, difficult to anticipate as it's relying with bitcoin.

Investment needs to analyze if you are going to start collecting this coin, knowing what would be the progress the project should have something to provide and not alone with how the hypes with bitcoin.

Litecoin has not had any news for the past two years, and the coin's development team has almost sold the entire coin. Currently, Litecoin has absolutely no developers, so I would be very careful when choosing to invest in this coin. Besides, the value of LTC this year is not much changed, so be careful when choosing to invest in this coin because the price of LTC will usually follow the price of Bitcoin.

[leea-1334]

LTC seems to need a major update to increase market demand. the market today is almost entirely slow-moving not only on LTC. and when we all believe in these assets, why not buy because now the prices are cheap.

Have you been following the news at all? Litecoin has been having some big developments recently and is soon going to catch up to 0.20.0 just like Bitcoin.

The market is slow moving but price has never been a factor of major update,,, and on the other way around, development seldom has immediate market impact either.

[michellee]

Somehow, I believe LTC can increase, and litecoin can push the price to $80-$100 in the next bull run. But yeah, like the other coins, litecoin now are trying to survive, and still, defend the position at the market besides competing with the other coins. It will increase at the right time, and I already buy some litecoin, but I still want to buy more litecoin when the price is down.

now it's not a competition with other altcoins on the market. all projects will focus on their market. LTC is a good asset to a large market. they are just waiting for the moment of the altcoin market at high pumps. moreover, they have also done halving and I think this is only related to market demand which must be pushed harder.

It still a competition at the market because every coin wants to show its ability to increase the price. And at this time, all of the altcoins still try to do that. Litecoin has a chance to get a high pump at the market, but it needs time before the price can really increase so high, and I am sure many people are still waiting for that.

It is still slow and i do not think the developers are doing anything yet to develop it and bring in more features, just like others are doing.
I do not want want to assume it has been abandoned.
Maybe if it is also halved, we would see an accelerated growth.

That is because the market is not moving fast, so that makes litecoin adjust the movement based on the market moves. If there is a fast movement in the market, it can impact the other altcoin, including litecoin. But I guess that the litecoin project still on development, and we will see something in a short time.

[alan2here]

LTC seems to need a major update to increase market demand. the market today is almost entirely slow-moving not only on LTC. and when we all believe in these assets, why not buy because now the prices are cheap.

Have you been following the news at all? Litecoin has been having some big developments recently and is soon going to catch up to 0.20.0 just like Bitcoin.

The market is slow moving but price has never been a factor of major update,,, and on the other way around, development seldom has immediate market impact either.

I have never heard of this news, and the crypto community is unaware of this news, so I think you need to give concrete evidence of this.

I think if Litecoin development team comes back, it could be a lot better because if they continued to build the ecosystem, then maybe this coin has reached more than $100. Of course, that didn't happen now, but I will still trust this coin for a while longer.