Litecoin use?

[CryptoTradeOne]

My opinion is that it is best to work with the top 3 cryptocurrencies ... the rest, I think at this stage do not deserve attention and are unlikely to ever deserve. 
This is my opinion, which I do not impose on anyone

[sarmrakib]

I just answered some of my questions at the litecoin foundation site.

This is obviously a bit one sided info...

What is going on in the real world of LTC?

Is the foundation info pretty straight?

Charlie has clearly stated that the development of litecoin will not be continued due to the company is not having enough funds to do that.

It's the reason actually they can't go up .They don't have enough funds to develop all the sight .We could find any news on the upcoming days if any update happen .But still just silent now .

[friends1980]

And the founder of Litecoin actually sold all of his coins and is no more actively participating in its development.

is this a correct information? where did you get that information?

and if this information is true, I think there is no future for LTC

Gee mate, have you been living on Mars? This is almost 2 years ago and the communication was 100% transparent. Charlie Lee posted this: https://www.reddit.com/r/litecoin/comments/7kzw6q/litecoin_price_tweets_and_conflict_of_interest/

By the way, he did not abandon Litecoin and is still very active on this forum.

I'll leave it to you to make your own conclusion.

But don't claim LTC has no future, if you clearly have no idea what you're talking about.

[JamalAmal99]

Okay, I heard rumors about the founder of Litecoin actually sold all of his coins[/b] and is no more actively participating in its development.

And the founder of Litecoin actually sold all of his coins and is no more actively participating in its development.

_____

and according to some of the above

It's the reason actually they can't go up. They don't have enough funds to develop all the sight. We could find any news in the upcoming days if any update happens. But still just silent now.

Charlie has clearly stated that the development  of litecoin will not bin continued due to the company does not have enough funds to do that

and if I conclude from the opinion above, the founder of Litecoin actually sold all of his coins. Because They don't have enough funds to develop all the sight.
_______


So, what do you think about the future of Litecoin for now?

[Bitcoin Gambling]

So, what do you think about the future of Litecoin for now?

I will kick start the rest. 

LOT 02 - 18 LTC
LOT 03 - 18 LTC
LOT 04 - 18 LTC
LOT 05 - 18 LTC
LOT 06 - 18 LTC
LOT 08 - 18 LTC
LOT 09 - 18 LTC
LOT 10 - 18 LTC
LOT 12 - 18 LTC
LOT 13 - 18 LTC
LOT 14 - 18 LTC
LOT 15 - 18 LTC
LOT 16 - 18 LTC
LOT 17 - 18 LTC
LOT 18 - 18 LTC
LOT 19 - 18 LTC
LOT 20 - 18 LTC
LOT 22 - 18 LTC
LOT 23 - 18 LTC

As you can see, Charlie Lee is buying blocks of LTC. Now decide yourself.

[iamaruf]

Is there a preffered LTC wallet?

Are people using it much?

You can use the Coinomi wallet & Trust wallet For LTC. Yes, I use LTC to save my trx fees. A few days ago used LTC. Btc withdrawal fee is higher than LTC. I chose LTC to withdraw my money and it cost around 2-3 cents to withdraw money. I use LTC for low fees & fast confirmation.

[carlisle1]

Is there a preffered LTC wallet?

Are people using it much?

You can use the Coinomi wallet & Trust wallet For LTC. Yes, I use LTC to save my trx fees. A few days ago used LTC. Btc withdrawal fee is higher than LTC. I chose LTC to withdraw my money and it cost around 2-3 cents to withdraw money. I use LTC for low fees & fast confirmation.

Same here.Litecoin is one of the best currency to use for withdrawal since the TX fee is too low compared to other currency specially Bitcoin.
Litecoin is also one of the most promising currency and just waiting for the right time to spike so decide for your self OP if you will indeed invest in this one or will pass for now.
But never forget that since this has lowest fee yet safer to invest since part of top 10 currencies though of course Invest in Bitcoin and Ethereum also because of the Bear will surely spike these 2 .

[Saisher]

When I first discovered crypto. BTC, LTC, DASH, stood out as practical coins.

I don't hear much about LTC nowadays.

Are people using it much?

Litecoin is still good fast to confirm and cheap, it's a good option to use now that people are having issues transacting with Ethereum because of the very high fee, I'm using it after the high fee broke out, there's not much update about Litecoin that members are posting but I'm long term hodlers of this coin it's one of the coin that I trust, because over the years it did not fail me.

[JamalAmal99]

As you can see, Charlie Lee is buying blocks of LTC. Now decide yourself.

Awesome, I think this is good news for Litecoin holders because the founder bought a lot of Litecoin. And I hope Litecoin will TOO THE MOON again!!

Thank you for the response

[kkofor]

to me, Litecoin is just a tool for me to transfer money from exchange to wallet with cheaper fee. Besides, I don't see it making any contribution to our lives. The withdraw fee for Litecoin is very cheap, so in the past people used it a lot, it has a simple algorithm and is not as fussy as XRP.
Maybe that is why it has such great value, or possibly followed by the great whales always supporting it.

I only use Litecoin because the coin's transaction fees are very cheap and used a lot in transactions. One more thing, Litecoin's value is very low and I can be sure LTC will hit $100 soon by the end of the year if market conditions are good. Of course, there are still many things you need to consider but overall Litecoin is still a good choice for investors.

[friends1980]

I only use Litecoin because the coin's transaction fees are very cheap and used a lot in transactions.

Sorry for being a pain in the *ss, but if you only use LTC for cheap fees and being used a lot in transactions, exactly what are you using the other coins for and why (edit: apart from speed, in which LTC probably also is one of the better options)?

[SiNeReiNZzz]

When I first discovered crypto. BTC, LTC, DASH, stood out as practical coins.

I don't hear much about LTC nowadays.

Is there a preffered LTC wallet?

Are people using it much?

Yes, I personally use Litecoin a lot, if I buy something somewhere and use crypto as payment.
Simply because BTCitcoin serves me only as a "value store"...
Litecoin is the "Silver" and BTCitcoin are the "Gold".

To justify this, is quite simple, and also already has been written from earlier ones here:

Transaction fees!!!

For Litecoin, the current rate of fees for a normal transaction are between 0,02€- 0,04€.
And here. is the transaction in the worst case after 5 min done and confirmed...

In my knowledge, at BTCitcoin, on the other hand, we are currently between 3,00€ and 4,00€ transaction fees and waste a lot of time!!!

I think, considering the cost factor, the advantage is clear here...

[yhiaali3]

For me, LTC was the second coins that I have used after BTC since I started my cryptocurrency business, I started by earning a lot of LTC from faucets sites, I did not use a specific wallet to store LTC but kept it on exchanges.
Currently I use an Atomic wallet to store an LTC. It's a great wallet and supports a lot of coins, for me LTC main use was sending coins from one exchange to another due to the speed of transmission and the low fees.

[r32godzilla]

Litecoin is a true Bitcoin´s alternative. People switch to Litecoin every time when Bitcoin´s network is overloaded and transaction fees are too high. For example, when people paying for coffee, they need a fast and cheap transactions, they do not need such network security as Bitcoin has .

[ife2020]

When I first discovered crypto. BTC, LTC, DASH, stood out as practical coins.

I don't hear much about LTC nowadays.

Is there a preffered LTC wallet?

Are people using it much?

Well, i see lite coin as a preferred alternatives for bitcoin and from most websites I have visited i have used bitcoin or lite coin as a payment mode which I find great. One strange thing is that I do not use lite coin wallet. I do all transactions straight from the exchange to the payment service

[wmaurik]

I usually use it only to reduce transfer fees because when withdrawing bitcoin is of course very expensive, besides that another use of Litecoin is buying digital items and also I use it for gambling because there are so many sites that provide Litecoin pairs

[mersal]

When I first discovered crypto. BTC, LTC, DASH, stood out as practical coins.

I don't hear much about LTC nowadays.

Is there a preffered LTC wallet?

Are people using it much?

Litecoin is like a sleeping giant,it is also giving gradual profit for the holders and in terms of usage it is one of the best to use at the moment because bitcoin and ethereum transaction fee are getting higher so people prefer coins like transaction for cheaper amd faster transaction.

[rodskee]

When I first discovered crypto. BTC, LTC, DASH, stood out as practical coins.

I don't hear much about LTC nowadays.

Is there a preffered LTC wallet?

Are people using it much?

Litecoin is like a sleeping giant,it is also giving gradual profit for the holders and in terms of usage it is one of the best to use at the moment because bitcoin and ethereum transaction fee are getting higher so people prefer coins like transaction for cheaper amd faster transaction.

If the information above which said that Lee is now buying those blocks and start kicking this statement now
will be coming into reality, LTC is just resting for a while.
There are big potentials that it will go high again and will start competing with other coins around, for now it's
been enjoyed as alternative for withdrawing since the tx fees are too high
From BTC and ETH, though there are still many options but traders use this coin as an alternatives to deal with
their transfer between wallet to wallet or exchange to exchange.

[Moeda]

When I first discovered crypto. BTC, LTC, DASH, stood out as practical coins.

I don't hear much about LTC nowadays.

Is there a preffered LTC wallet?

Are people using it much?

LTC is indeed one of the old coins. Not long after Bitcoin appeared, then LTC came as an alternative. Maybe if I'm not mistaken, LTC came before Ethereum. However, LTC is out of competition with Ethereum, so it is rarely discussed. I also rarely use the official LTC platform. If I buy LTC, I will keep it in an exchange wallet.
If I reread the history on coinmarketcap. Based on their data in 2013 there were only 7 coins, one of which was LTC. Ethereum is not there, it may not register or it is not yet born. https://coinmarketcap.com/historical/20130428/

[Diamond_Darrell]

When I first discovered crypto. BTC, LTC, DASH, stood out as practical coins.

I don't hear much about LTC nowadays.

Is there a preffered LTC wallet?

Are people using it much?

They are mainly used for profit, and many are good at it. Basically, now is the gold accumulation time for this coin and the price is still attractive. But many expect the price to drop even lower than 0.00044Btc