Litecoin (LTC) Huge Pump is coming with New Update

[erikoy]

This is another update hype after ethereum update hype. Eth had gone good market price increase after it announces that they will going to have a good update. The eth market then rises up and I think that was because of the hype.

However, I still too believe that LTC could be hype or that it couls also make a good market after they would officially announce an upgrade with their network.

[Bitcoin-Pro]

i have strong feeling that LTC price will be doubled in the coming weeks if Bitcoin reach $20k

why? Bitcoin fees will be higher in dollar when price goes to $20k. it could still same in Bitcoin, but more in Dollar.
many people will move to good alts with lower fees. i see Litecoin is one of best altcoins which has low fees. it's most similar altcoin to Bitcoin but when Bitcoin started, i mean low fees, and even faster.

[bttmember]

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?

So where is the expected update?
I am myself holding some ltc from very long time but i think that ltc has nit been able to break ranges for longtime now, i agree that now btc has to take decisive move up and hopefully market will follow it including ltc.

[nrvasquez]

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?

So where is the expected update?
I am myself holding some ltc from very long time but i think that ltc has nit been able to break ranges for longtime now, i agree that now btc has to take decisive move up and hopefully market will follow it including ltc.

actually, if you already hold it for long term, let's say from 2017, you already missed your first chance. but as OP said i believe that from the latest development ltc price will be pump again

[Abiky]

We'll see the real price boost after velvet fork when  LTC will get new capabilities like " cross-chain communications, smart contract capabilities, and improved scalability."  I’ve been searching for information regarding the date on which it is planned but with no success. On the understanding that Cardano has its own roadmap one should expect velvet fork not earlier than in the second half of 2021.

I hope so. It's been a long time since Litecoin has been under the radar of many investors and traders alike. Maybe Litecoin's recent developments will allow it to reach new ATHs in price? It's good to see both Litecoin and Cardano making a partnership, as it makes the crypto/Blockchain space stronger than ever before. Litecoin with smart contract capabilities would be totally revolutionary. It will be much more suitable for this task than the original Bitcoin (BTC) due to the fact that the LTC blockchain has faster confirmation times and lower fees. What I want to see in Litecoin the most, is the "Mimblewimble" privacy feature. It will totally distance Litecoin from Bitcoin itself. With this, Litecoin will be able to compete directly with privacy coins like Grin and Beam. Combine this with The Lightning Network, and you'll get a powerhouse of a Blockchain.

Nonetheless, time will tell us if Litecoin will be able to maintain higher prices on the market. So far, demand is low as people are focused on other big things in crypto such as "De-Fi" and NFTs. The halving event will continue to reduce the issuance of new LTC. But without a price increase, it will scare away miners from the Blockchain. Litecoin should've been worth at least $500 to $1k by now. Without active development and innovation, it's hard to believe it'll be going anywhere. Let's hope that doesn't turn out to be the case in the long run. The new partnership should give new breath to the Litecoin project, making it as good as it used to be in its early days. Just my opinion

[robattfield]

I see them moving towards data security, which means LTC has big competitors like GRIN. This is considered to be the most perfect version of BTC as LTC, the position of LTC in this market is huge and has an influence on the market. The news has passed to the present time, the hype is meaningless, the present time is expected to 2021 will have a strong year of growth. And what we look forward to next year, I think LTC will surpass ATH.

[Vishnu.Reang]

Litecoin is one of the cryptocurrencies for which I have a lot of respect. It is one of the few first-generation cryptocurrencies, which are still surviving. In case of LTC, it has managed to not just survive, but also to thrive. Technologically, it is not a very advanced coin. But they have a dedicated team, which takes care of the bugs on time. However, storage is one of the issues with LTC, as we don't have a good online wallet to store this coin.

[Kahoy01]

When there is a news, it doesn't mean that a token will guarantee that it will go pump, for sure that there are some people who bought litecoin when they find out about this new update. LTC for me is still in sideways so it will take more time before it create momentum, but if the volume will continue to go up and then it surpassed the resistance at $70 then expect that the price will make a rally.

[kpierce77]

When there is a news, it doesn't mean that a token will guarantee that it will go pump, for sure that there are some people who bought litecoin when they find out about this new update. LTC for me is still in sideways so it will take more time before it create momentum, but if the volume will continue to go up and then it surpassed the resistance at $70 then expect that the price will make a rally.

Litecoin already have momentum btw, but you know it's all about the bitcoin bullish. because i believe that all coins will follows bitcoin trend. and about the news, that's how they create the momentum, by releasing news about what they are currently working on and they are also bringing out new innovations, so they are currently building momentum

[ropyu1978]

What new update from litecoin to make pump, I think more than two months later litecoin still dump and growing up little than back to lower price again, need moment for bitcoin have reach higher price and give chance for altcoin back to higher price without have any bad news. I think litecoin become good long term investment and you can start to buy and hold under $70 because have potential for litecoin back to higher price above $160, need long term holding to see litecoin really back to higher price.

[Bitcoin-Pro]

Previously also we had several pumps with Litecoin. But none of them lasted for more than a few weeks. If you want to invest in Litecoin, go ahead and invest. It is one of the better altcoins out there and there is a good chance that you will end up with sizeable profit in the long-term. But if you invest in this coin hoping for quick profits and pumps, then you may end up disappointed.

i agree with you, i'm holding Litecoin for years, i'm buying more because it's still cheap comparing to Bitcoin.
recently i started to accept Litecoin on my crypto sites because of high fees on Bitcoin.

for me, Litecoin is best alternative which is very similar to Bitcoin.

[shoreno]

Since this news came in September, Litecoin still can't pump high,

yeah where is that pump the op trying to push. i didnt feel that litecoin pump . he didnt provide links to check if what are the working dates for that upgrade and he still confidently say that it will pump for a few days , thats too fast but its already been two months have past .

alts dump season could also be the reason why ltc growth were stunted . i like the update if its legit , monero can now be threated for this because ltc is already more mainstream than it  .

[Bitcoin-Pro]

to save high fees which apply on Bitcoin, we can notice huge increase on the number of transactions per day on Litecoin blockchain.

Blue = Bitcoin
Red = Litecoin
this is last 2 years.

source : https://bitinfocharts.com/comparison/transactions-btc-ltc.html#2y

we can notice, Bitcoin has almost same amount of transactions in the past 2 years.
while Litecoin has more than double amount of transactions per day in the last 2 months.

Bitcoin still good, but it's money. no longer currency.
Litecoin now is best alternative to use as currency. fast and has almost no fees.
Litecoin is approved on many stores, as like eGifter.com, and soon Paypal.

[Alexmagn84]

Litecoin cost have a tremendous siphon, however it could occur since litecoin has a huge network and fan. In the event that that siphon will coming, I surmise starting now and into the foreseeable future, we will see the cost will move bit by bit, and we will witness something the following week. It will be an additional component over other coin, given clients the alternative to use as protection or not, this is acceptable as I would see it.

[tarable]

i agree with you, i'm holding Litecoin for years, i'm buying more because it's still cheap comparing to Bitcoin.
recently i started to accept Litecoin on my crypto sites because of high fees on Bitcoin.

for me, Litecoin is best alternative which is very similar to Bitcoin.

Yes, and for now I am also keeping a few units of Litecoin tokens because it would be great to have some Litecoin when the market is running high especially if Bitcoin is experiencing a good price increase, it would be very profitable.

[Smartprofit]

Litecoin (LTC) price has great upside potential.  

The code update ("Block Expansion") is just one of the reasons for the upcoming price increases.

LTC is a very interesting cryptocurrency.  Its code is similar to that of Bitcoin.  Therefore, Litecoin is used to test new crypto technologies.  

Litecoin is a very common cryptocurrency.  Most cryptocurrency exchanges and exchanges work with LTC.  

PayPal recently announced it is working with LTC:

https://tokenpost.com/PayPal-announces-new-cryptocurrency-service-featuring-Bitcoin-BTC-Ethereum-ETH-Bitcoin-Cash-BCH-and-Litecoin-LTC-5800

For investors, Litecoin is the "cheap" bitcoin.  In my opinion, investing in LTC in 2021 will be more profitable than investing in Bitcoin.

[leea-1334]

Previously also we had several pumps with Litecoin. But none of them lasted for more than a few weeks. If you want to invest in Litecoin, go ahead and invest. It is one of the better altcoins out there and there is a good chance that you will end up with sizeable profit in the long-term. But if you invest in this coin hoping for quick profits and pumps, then you may end up disappointed.

Litecoin is that funny coin that you wonder if will ever become the promise Charlie Lee said it would all the while but I know deep down he also wants to fulfil his promise (of making it ATH again) so I do not mind holding my Litecoins, even add a bit every now and then. These days, you see many alts die but this one always proves itself as silver of BTC. It is coming,,, just when is the question.

[coiner-88]

I surmise starting now and into the foreseeable future, we will see the cost will move bit by bit, and we will witness something the following week. I think you are incorrect for this situation, if ltc will add protection as an alternative will make it additionally engaging the individuals who are keen on having or making exchanges with security coin.

[Abiky]

Previously also we had several pumps with Litecoin. But none of them lasted for more than a few weeks. If you want to invest in Litecoin, go ahead and invest. It is one of the better altcoins out there and there is a good chance that you will end up with sizeable profit in the long-term. But if you invest in this coin hoping for quick profits and pumps, then you may end up disappointed.

Agree. Litecoin is not about hype, but rather usability. Most altcoins simply experience new gains in price because of hype. But at the end of the day, they're nothing more than just speculative assets. Bitcoin's sibling (LTC) will last for long as it's one of the oldest and most heavily-tested blockchain networks in the crypto space. Of course, there are other altcoins which are faster and cheaper to use than Litecoin. But security is what matters above anything else. And Litecoin is much more secure than other altcoins on the market with small blockchain networks. Consider how Verge and Ethereum Classic have been subject to 51% attacks over the course of their lifetimes. This has never happened with Litecoin before (as far as I'm aware), making it a good long-term investment.

With the new update, it's expected that Litecoin's price will increase a little within the short term. For long term gains, the project is going to need to provide constant development and innovation to stay ahead of the game. Otherwise, Litecoin's price on the market will stall. Ultimately, Bitcoin's gain will be Litecoin's gain. In other words, if Bitcoin goes all the way to the moon, so will Litecoin and other altcoins on the market. I hope that with the new Mimblewimble privacy feature, Litecoin will able to distance itself from Bitcoin. It will become a unique cryptocurrency with a solid foundation in the mainstream world. Otherwise, who's going to invest in a coin that's identical to the original project (in this case, Bitcoin)? Time will tell us what lies ahead with Litecoin's adoption in the mainstream world. Just my opinion

[sgenuine]

to save high fees which apply on Bitcoin, we can notice huge increase on the number of transactions per day on Litecoin blockchain.

Blue = Bitcoin
Red = Litecoin
this is last 2 years.



we can notice, Bitcoin has almost same amount of transactions in the past 2 years.
while Litecoin has more than double amount of transactions per day in the last 2 months.

Bitcoin still good, but it's money. no longer currency.
Litecoin now is best alternative to use as currency. fast and has almost no fees.
Litecoin is approved on many stores, as like eGifter.com, and soon Paypal.

The graph demonstrates everything well. Although I like Litecoin and really trust it, I managed to lose some money when I bought it for the price over 100. No, in reality I did not lose this money yet. Still holding Litecoin and waiting for its better times.