Litecoin (LTC) Huge Pump is coming with New Update

[MWesterweele]

I don't care about the updates that the Litecoin Team is doing. Because the changes that do occur don't give rise to the price on the exchange, and it never hits the 100 $ price.

Pump high only reaches 65$ and back to the beginning of the price.

We will see it later. I think litecoin will have a chance to increase again, but I don't know how high litecoin price can increase. Maybe the price can touch $100 again in the next year, who knows.

But litecoin still wait for a while, especially if bitcoin price can not increase high because litecoin will be behind on the bitcoin price. And like the other altcoin, litecoin needs more support to increase, and I think the progress so far is good.

If its true, then its a good news, but upon checking the blockfolio well i dont see any huge progress so far but this pumping value percentage is not bad also for having a  value of $47 and having a +2%, hopefully lets wait for the huge pump coming if ever. But then i'd still never belittle any kind of altcoin since every token has their team behind and know for sure they are working hard to upgrade and doing hard to develop their altcoin project more.

[Febo]

Litecoin team are working on new update called "Block Extension" to make coin has Privacy option.
LTC new update will meet huge pump in the next few days.

Main value of LTC is that is almost total copy of Bitcoin. Just with more coins and faster blocktime. Beside that it adds all improvements that Bitcoin adds and dont do any changes on its own. That is what LTC community likes about LTC.  Now there is plan to add some mimblewible to it fro optional privacy.  I do not think people will like and use that much.

[100bitcoin]

Litecoin team are working on new update called "Block Extension" to make coin has Privacy option.
LTC new update will meet huge pump in the next few days.

Main value of LTC is that is almost total copy of Bitcoin. Just with more coins and faster blocktime. Beside that it adds all improvements that Bitcoin adds and dont do any changes on its own. That is what LTC community likes about LTC.  Now there is plan to add some mimblewible to it fro optional privacy.  I do not think people will like and use that much.

Because of negligible mining fee and 4x faster average block time than Bitcoin, there are lots of on chain use cases of Litecoin. Slowly application developers have started to notice it and building around it. I personally believe, Litecoin has a great future.

[sayam]

I don't sure whether there will be a huge pump or not but I'm hopeful that new update could actually do something better. Litecoin's huge price movement has not been seen for a long time. So if there is a big movement, it will be good for everyone. But whatever, I'm with Litecoin for the rest of my life & will stay.

[bigcash2011]

Litecoin team are working on new update called "Block Extension" to make coin has Privacy option.

LTC new update will meet huge pump in the next few days.
who else expect that?

Looks like ltc has been range trading for too long maybe the pattern is quite similar to btc as it is also not showing much volatility.
But the positive thing is that soon we can expect ltc and other top coins like btc or eth to break out of this range and from then on we can expect the bulls to control the market.

[arabianhorse]

I don't think so. Litecoin (LTC) has been in the news for a long time but I don't see price improvement. Litecoin (LTC) is about to come. But it will be a little late.

[BDBitcoinExpart]

Good news for me. I was waiting for such kind of news. I hold 2.581 LTC.

[laredo7mm]

Litecoin team are working on new update called "Block Extension" to make coin has Privacy option.

LTC new update will meet huge pump in the next few days.
who else expect that?

Then it will be much better than monero and Zcash which is already a privacy coin. I also like to use it for transactions because of its low transaction fees compare to ETH. But the Price of Litecoin didn't change that much since then. This will be one of the best features of litecoin if they succeed to implement this. This could change the market value of LTC.

[Bitcoin-Pro]

both LTC and ETH are good altcoins.

transaction fees are much lower on LTC network.
while transactions are faster on Eth.

but for the long term, LTC is better than Eth,
because Eth has no limit on max supply (+10% per year), while LTC has decreasing supply limit to reach 84m.

[ethereumhunter]

If its true, then its a good news, but upon checking the blockfolio well i dont see any huge progress so far but this pumping value percentage is not bad also for having a  value of $47 and having a +2%, hopefully lets wait for the huge pump coming if ever. But then i'd still never belittle any kind of altcoin since every token has their team behind and know for sure they are working hard to upgrade and doing hard to develop their altcoin project more.

We can hope that the next week, litecoin can increase because bitcoin price can increase this time. The huge pump will come soon, but we need to be patient because everything can not be rush. The team behind the project will work hard and ensure that their project can have a bright future. That is why the team is still trying to continue every phase to run for the long term.

[Febo]

Because of negligible mining fee and 4x faster average block time than Bitcoin, there are lots of on chain use cases of Litecoin. Slowly application developers have started to notice it and building around it. I personally believe, Litecoin has a great future.

Talking about using. I noticed mid of September number of Litecoin transactions increased a lot. From around 40k a day t even 150k a day. That is a huge x4 increase. Do you maybe know why is that for?

[gwdf1]

This will be great news for those who continue to collect ltc as their asset so that they can get a breath of fresh air from their efforts in accumulating their LTC assets. good luck guys

I am going to deal with Litecoin, the reliable old cryptocurrency. Despite Litecoin pretty low rate, LTC is amazingly popular. Miners even continue to call it digital silver as we know (Bitcoin is gold). It is a really very good platform that has already shown its stability and keen interest from users.

[Abiky]

No matter what the update is, i doubt if LTC will ever pass the 100usd price mark. Litecoin usage is gradually declined and investors are shifting attention to other payment tokens like ripple.  Ampleforth is even doing better. Litecoin has never make any meaningful progress for the past 2 years.

Exactly. Litecoin is way under the radar right now, as most people are focused on "De-Fi" platforms and tokens to make a quick buck. This means Ethereum will be getting all the spotlight, while Litecoin and other old coins will see reduced demand in the short term. I doubt that the new privacy update will have a positive effect over Litecoin's price on the market. Everything might just remain the same way as it is right now. It's unfortunate that Litecoin is not as popular as it was before, considering that it was once compared as "Silver to Bitcoin's Gold" (due to its limited supply of 84 million coins). New coins have taken the lead with better features and faster transactions than LTC itself. At least, the Blockchain network is healthy and strong enough to sustain 51% attacks in the long term. As long as this is the case, Litecoin will remain a usable cryptocurrency for the world.

Nonetheless, anything can happen in this strange and bizarre world of crypto. If a huge pump comes right after the update, most people will become interested in Litecoin. But the developer team needs to continue providing innovation for the cryptocurrency, if they want it to remain in the spotlight for a long time. Otherwise, Litecoin will be flying under the radar of many investors and traders alike (like it's the case right now). With many cryptocurrencies out there on the market that are better than Litecoin itself, the fierce competition will prevent LTC from having further gains in price. Therefore, reaching $100 per coin doesn't seem to be feasible in the short term. Just my opinion

[100bitcoin]

Because of negligible mining fee and 4x faster average block time than Bitcoin, there are lots of on chain use cases of Litecoin. Slowly application developers have started to notice it and building around it. I personally believe, Litecoin has a great future.

Talking about using. I noticed mid of September number of Litecoin transactions increased a lot. From around 40k a day t even 150k a day. That is a huge x4 increase. Do you maybe know why is that for?

Well, one of the reason is definitely lots of Exchange to Exchange movement for arbitration. This is happening on Litecoin blockchain due to high fee of BTC & ETH. 1 Litoshi/Byte, i.e. ~0.00005 Cent/Byte, transactions still get confirmed on Litecoin blockchain within ~2.5 minutes, which is a rare case on almost any established blockchain. Moreover, using this feature certain games like LiteBringer.com and Chain-Bet.com are building a future for Litecoin HODLers. These are probably the reason of recent transaction spike.

[sarmrakib]

Litecoin team are working on new update called "Block Extension" to make coin has Privacy option.

LTC new update will meet huge pump in the next few days.
who else expect that?

I didn't find any news regarding that could you plz give me the link ??I think they are working hard to developed the platform that will be a positive sign and it will helps to get a good pump .However i need to know the details.

[warg2017]

To be honest，i am pessimistic about LTC would huge pump due too new update.Although i hope this is true really,but i am not expect much and only just want to treat it ordinary.Because one thing is clear: the higher one's expectations, the further they fall.

[crwth]

I remember the halving of LTC and it said that's it's going to pump but it didn't really make an impact. But since this one is a technological update, it could be an attractive point for investors to put in more money and have an increase in price. If the impact of the update will be beneficial for all the users, I think it would increase the price, but for now, I doubt it would have a big impact in total.

We know that most pumps are because of HYPE and maybe if this goes viral and then we will see the result.

[Mahdirakib]

Ltc is my second favourite altcoin. It has shown a good movement in price at February this year. Then it fall back during the crisis of March month. And it couldn't gain back it's old position. Recently some other coin have overtaken ltc at marketcap. A technical update may bring back a lot of investor, but can you provide the source of this news OP.

[Simakura]

Great news, lucky I've bought it before

[Bitcoin-Pro]

imo Litecoin actual value would be $75 to $100. currently it's undervalue.