rawdog11 (OP)
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Activity: 149
Merit: 25
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June 03, 2020, 12:33:45 AM |
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First, let me say I'm a huge fan of litecoin.
What is everyone's opinion of it and its current state (development, community, future, other)? I'd like to expand my point of view to include other great thoughts and to stop just being a litecoin fanboy because I don't know any better.
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Lagduf
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June 03, 2020, 01:48:55 AM |
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I didn't wanna talk about the future of litecoin as what already stated by charlie in the past there was no developer who wanna try to create a new development with litecoin. Litecoin must fix its financial problems to continue the development progress.
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Anarchy101
Legendary
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Activity: 1316
Merit: 1004
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June 03, 2020, 06:36:41 AM |
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First, let me say I'm a huge fan of litecoin.
What is everyone's opinion of it and its current state (development, community, future, other)? I'd like to expand my point of view to include other great thoughts and to stop just being a litecoin fanboy because I don't know any better.
Litecoin is one of the coins that's always in my portfolio and it gave me pretty sweet profit especially when the price went above .015 BTC back in 2019 but lately there's not much of action in the coin. |
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Nalbo
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June 03, 2020, 09:53:19 AM |
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First, let me say I'm a huge fan of litecoin.
What is everyone's opinion of it and its current state (development, community, future, other)? I'd like to expand my point of view to include other great thoughts and to stop just being a litecoin fanboy because I don't know any better.
Litecoin is one of the coins that's always in my portfolio and it gave me pretty sweet profit especially when the price went above .015 BTC back in 2019 but lately there's not much of action in the coin. Litecoin is still a fast transacting coin with lower fees. But litecoin surely is on the downtrend, firstly it went out of the Top 5 coin by marketcap and now struggling in Top 10. The reason for it is quite clear as the founder of the coin has sold most of his holding and is not actively involved in the non-existence development of the coin. They have no roadmap ahead and would not last long in the competitive market. |
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memed97
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June 03, 2020, 10:34:10 AM |
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First, let me say I'm a huge fan of litecoin.
What is everyone's opinion of it and its current state (development, community, future, other)? I'd like to expand my point of view to include other great thoughts and to stop just being a litecoin fanboy because I don't know any better.
Litecoin is a token that is good and also good, if you are a Litecoin fan, then you must always observe it properly, because starting from a fan continues to be an observer, that is a very unique thing in my opinion, because Litecoin always has good values in crypto market. |
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20kevin20
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Activity: 1134
Merit: 1597
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June 03, 2020, 11:17:33 AM |
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It's kinda dead honestly, compared to years ago when I used to read news and threads here all the time about it.
Ever since Charlie's retreat, it's been on a continuous downwards spiral. I'm quite sure there still are some amazing devs doing their magic, but without a proper plan it might all be in vein in the end. I still think it's a coin with lots of potential especially considering how long it's been living around for. If development isn't going to be organized though, it might go in a freefall right before our eyes.
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bhadz
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June 03, 2020, 12:26:41 PM |
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Despite CL is no longer in the development. I still think that it's a good coin after all. I don't think others will agree to me but there's just something with Litecoin that can't be removed and that's the community that has been built overtime. It's the reason why it's still standing and it will stay there as long as its community is uniting.
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andyBernard
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Activity: 101
Merit: 11
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June 03, 2020, 02:30:08 PM |
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Litecoin is pretty much done honestly. It's a sinking ship definitely wouldn't recommend investing in it or anything like that at all.
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covfefe_
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June 03, 2020, 03:30:27 PM |
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 This image clearly answers the state of Litecoin. If you are wonder what this image is, It's a graph that represents number of commits in litecoin's git at github https://github.com/litecoin-project/litecoin/graphs/contributorsThe coins looks effectively dead from early 2019. Though there are a few commits and a small number of contributors working, the litecoin project has lost it's community. |
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Pirate46Mx
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Activity: 322
Merit: 10
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June 03, 2020, 04:25:40 PM |
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Everyone is free to choose their favorite coins for short-term and long-term investments, and speaking of quality, Litecoin has good prospects for long-term investment because Litecoin is included in one of the top coins.
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el kaka22
Legendary
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Activity: 3542
Merit: 1162
www.Crypto.Games: Multiple coins, multiple games
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June 03, 2020, 07:02:47 PM |
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You do not have to hate litecoin to hate the team behind it right now and the path they are taking it to. Look at Charlie Lee dude sold out at the peak so that he could cash out on the biggest possible moment he can but still says that he is trying to make it as well as possible for the litecoin community. He even had talks about how there should be fee's on transactions that went straight to him, I mean not straight to him but it is still basically to him to say the very least because the team is his team.
I do not believe that Charlie cares about litecoin at all, he cares that he is at the top of a currency, a currency that was created and presented to the public but somehow he became the project owner like some ICO was done, and now he wants to keep his millions he made from selling but also wants to recover all the litecoins he sold as well.
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Skieleton
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June 03, 2020, 08:13:54 PM |
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Forecasts are unfortunately not the best:
LTC to USD forecasts for November 2020
At an initial price of $ 48.17. Maximum price USD 48.17, minimum price USD 38.30. Average for the month USD 43.96. Litecoin price forecast at the end of the month USD 41.18, change to November -14.5%.
Litecoin price forecast for December 2020
Initial price $ 41.18. Maximum price USD 51.11, minimum price USD 41.18. Average for the month USD 45.31. Litecoin price forecast at the end of the month USD 47.77, a change of 16.0% in December.
LTC to USD forecasts for January 2021
Starting price is 47.77 USD. Maximum price USD 47.77, minimum price USD 38.96. Average for the month USD 44.10. Litecoin price forecast at the end of the month USD 41.89, change to January -12.3%.
Litecoin price forecast for February 2021.
Initially, the price is $ 41.89. Maximum price USD 41.89, minimum price USD 32.73. Average for the month is USD 37.93. Litecoin price forecast at the end of the month USD 35.19, change to February -16.0%.
LTC to USD forecasts for March 2021
At an initial price of $ 35.19. Maximum price USD 39.15, minimum price USD 34.03. Average for the month USD 36.24. Litecoin price forecast at the end of the month USD 36.59, change to 4.0% in March.
Litecoin price forecast for April 2021
Initially, the price is $ 36.59. Maximum price USD 36.59, minimum price USD 29.69. Average for the month USD 33.70. Litecoin price forecast at the end of the month USD 31.93, change to April -12.7%.
LTC to USD forecasts for May 2021
At the beginning the price is 31.93 USD. Maximum price USD 31.93, minimum price USD 24.94. Average for the month USD 28.91. Litecoin price forecast at the end of the month USD 26.82, change to May -16.0%.
Litecoin price forecast for June 2021
Initial price is $ 26.82. Maximum price USD 26.82, minimum price USD 20.95. Average for the month is $ 24.28. Litecoin price forecast at the end of the month USD 22.53, change to June -16.0%.
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DarkDays
Legendary
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Activity: 2030
Merit: 1189
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June 03, 2020, 08:18:22 PM |
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Litecoin hasn't really seen any major developments in recent years. In fact, I'm not quite sure why it's still a top 10 cryptocurrency. Sure, it's cheap to use and transactions confirm fast.... But isn't that most cryptocurrencies nowadays? I mean, you can send DASH and have it confirm practically instantly for almost free, why isn't that worth more than Litecoin? The answer is, because Litecoin was one of the first and it still has a popular mining community. Looking at the Litecoin Github, there really hasn't been many changes over the last two years: https://github.com/litecoin-project/litecoinThis is roughly when Charlie Lee sold out, so maybe it's on its final build and won't be getting any better any time soon. |
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ife2020
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Activity: 579
Merit: 13
Are you kind to your neighbor? Think it through
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June 03, 2020, 08:54:02 PM |
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First, let me say I'm a huge fan of litecoin.
What is everyone's opinion of it and its current state (development, community, future, other)? I'd like to expand my point of view to include other great thoughts and to stop just being a litecoin fanboy because I don't know any better.
To be honest, i think litecoin has remained too stagnant over the course of the years, it was supposed to be the direct substitute for bitcoin, but it has not improved standards; it is still regarded as an alternatives to bitcoin; but it has not been overly convincing to say the least. |
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rawdog11 (OP)
Member
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Activity: 149
Merit: 25
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June 03, 2020, 11:14:57 PM |
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First, let me say I'm a huge fan of litecoin.
What is everyone's opinion of it and its current state (development, community, future, other)? I'd like to expand my point of view to include other great thoughts and to stop just being a litecoin fanboy because I don't know any better.
Litecoin is one of the coins that's always in my portfolio and it gave me pretty sweet profit especially when the price went above .015 BTC back in 2019 but lately there's not much of action in the coin. Litecoin is still a fast transacting coin with lower fees. But litecoin surely is on the downtrend, firstly it went out of the Top 5 coin by marketcap and now struggling in Top 10. The reason for it is quite clear as the founder of the coin has sold most of his holding and is not actively involved in the non-existence development of the coin. They have no roadmap ahead and would not last long in the competitive market. I agree, i've been a bit worried about that down trend but I always find a way to play it off. Same goes for the fact that Charlie sold his holdings, although we know that dilutes the market I think it can be partially good because we know it means that his actions are no longer about him turning a profit. |
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rawdog11 (OP)
Member
Offline
Activity: 149
Merit: 25
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June 03, 2020, 11:16:15 PM |
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Despite CL is no longer in the development. I still think that it's a good coin after all. I don't think others will agree to me but there's just something with Litecoin that can't be removed and that's the community that has been built overtime. It's the reason why it's still standing and it will stay there as long as its community is uniting.
I feel similarly. As others have pointed out the lack of a clear roadmap is a bit disheartening. Otherwise I've always liked what it brought to the table |
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rawdog11 (OP)
Member
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Activity: 149
Merit: 25
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June 03, 2020, 11:21:59 PM |
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This image clearly answers the state of Litecoin. If you are wonder what this image is, It's a graph that represents number of commits in litecoin's git at github https://github.com/litecoin-project/litecoin/graphs/contributorsThe coins looks effectively dead from early 2019. Though there are a few commits and a small number of contributors working, the litecoin project has lost it's community. I actually haven't seen that before. That is eye-opening and shocking. Damn. |
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rawdog11 (OP)
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Activity: 149
Merit: 25
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June 03, 2020, 11:23:31 PM |
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Forecasts are unfortunately not the best:
LTC to USD forecasts for November 2020
At an initial price of $ 48.17. Maximum price USD 48.17, minimum price USD 38.30. Average for the month USD 43.96. Litecoin price forecast at the end of the month USD 41.18, change to November -14.5%.
Litecoin price forecast for December 2020
Initial price $ 41.18. Maximum price USD 51.11, minimum price USD 41.18. Average for the month USD 45.31. Litecoin price forecast at the end of the month USD 47.77, a change of 16.0% in December.
LTC to USD forecasts for January 2021
Starting price is 47.77 USD. Maximum price USD 47.77, minimum price USD 38.96. Average for the month USD 44.10. Litecoin price forecast at the end of the month USD 41.89, change to January -12.3%.
Litecoin price forecast for February 2021.
Initially, the price is $ 41.89. Maximum price USD 41.89, minimum price USD 32.73. Average for the month is USD 37.93. Litecoin price forecast at the end of the month USD 35.19, change to February -16.0%.
LTC to USD forecasts for March 2021
At an initial price of $ 35.19. Maximum price USD 39.15, minimum price USD 34.03. Average for the month USD 36.24. Litecoin price forecast at the end of the month USD 36.59, change to 4.0% in March.
Litecoin price forecast for April 2021
Initially, the price is $ 36.59. Maximum price USD 36.59, minimum price USD 29.69. Average for the month USD 33.70. Litecoin price forecast at the end of the month USD 31.93, change to April -12.7%.
LTC to USD forecasts for May 2021
At the beginning the price is 31.93 USD. Maximum price USD 31.93, minimum price USD 24.94. Average for the month USD 28.91. Litecoin price forecast at the end of the month USD 26.82, change to May -16.0%.
Litecoin price forecast for June 2021
Initial price is $ 26.82. Maximum price USD 26.82, minimum price USD 20.95. Average for the month is $ 24.28. Litecoin price forecast at the end of the month USD 22.53, change to June -16.0%.
Can you send me a link for where youre getting this data from? |
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ene1980
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June 03, 2020, 11:40:41 PM |
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I do not believe that Charlie cares about litecoin at all, he cares that he is at the top of a currency, a currency that was created and presented to the public but somehow he became the project owner like some ICO was done, and now he wants to keep his millions he made from selling but also wants to recover all the litecoins he sold as well.
If you copy the bitcoin and make some changes and released as a silver coin for fun and if Charlie was able to make millions and he wanted to cash out those millions who is to be blamed. The people who trusted and thought it would be great to have a coin with higher number of coins but exactly the replica of bitcoin with minor changes and call it silver  . |
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CaVO32
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June 03, 2020, 11:51:24 PM |
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I didn't wanna talk about the future of litecoin as what already stated by charlie in the past there was no developer who wanna try to create a new development with litecoin. Litecoin must fix its financial problems to continue the development progress.
this is actually what I am afraid of litecoin. if they will still have a future or not as the development is already nowhere. I have read that there is really no development going on now with litecoin. so if the rumours are true, better not to hold ltc for long term as it may crumble anytime. Be careful in believing below forecast. I don't think he has the solid basis of giving such forecasts. Forecasts are unfortunately not the best:
LTC to USD forecasts for November 2020
At an initial price of $ 48.17. Maximum price USD 48.17, minimum price USD 38.30. Average for the month USD 43.96. Litecoin price forecast at the end of the month USD 41.18, change to November -14.5%.
Litecoin price forecast for December 2020
Initial price $ 41.18. Maximum price USD 51.11, minimum price USD 41.18. Average for the month USD 45.31. Litecoin price forecast at the end of the month USD 47.77, a change of 16.0% in December.
LTC to USD forecasts for January 2021
Starting price is 47.77 USD. Maximum price USD 47.77, minimum price USD 38.96. Average for the month USD 44.10. Litecoin price forecast at the end of the month USD 41.89, change to January -12.3%.
Litecoin price forecast for February 2021.
Initially, the price is $ 41.89. Maximum price USD 41.89, minimum price USD 32.73. Average for the month is USD 37.93. Litecoin price forecast at the end of the month USD 35.19, change to February -16.0%.
LTC to USD forecasts for March 2021
At an initial price of $ 35.19. Maximum price USD 39.15, minimum price USD 34.03. Average for the month USD 36.24. Litecoin price forecast at the end of the month USD 36.59, change to 4.0% in March.
Litecoin price forecast for April 2021
Initially, the price is $ 36.59. Maximum price USD 36.59, minimum price USD 29.69. Average for the month USD 33.70. Litecoin price forecast at the end of the month USD 31.93, change to April -12.7%.
LTC to USD forecasts for May 2021
At the beginning the price is 31.93 USD. Maximum price USD 31.93, minimum price USD 24.94. Average for the month USD 28.91. Litecoin price forecast at the end of the month USD 26.82, change to May -16.0%.
Litecoin price forecast for June 2021
Initial price is $ 26.82. Maximum price USD 26.82, minimum price USD 20.95. Average for the month is $ 24.28. Litecoin price forecast at the end of the month USD 22.53, change to June -16.0%.
Can you send me a link for where youre getting this data from? |
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