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Author Topic: Will Litecoin stay as "Blockchain silver" an important coin?  (Read 206 times)
crypticj
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January 15, 2021, 02:39:47 PM
 #21

LTC transactions are pretty cheap and there are a lot of places that accept it. So, at least it has use cases

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KillHawk8
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January 15, 2021, 03:24:38 PM
 #22

Bitcoin = gold

Ethereum = silver

the others are all shitcoins .
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January 15, 2021, 05:46:45 PM
 #23


Bitcoin, as a coin, is the foundation. Any coin can grow on this platform. Litecoin will also grow, I think there will be a lot of growth, since Bitcoin has limited growth, and Litecoin has everything ahead. !!!!!

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January 15, 2021, 06:48:50 PM
 #24

I am skeptical.

It is pretty much consensus that ETH is the most dominant alt after BTC. With a robust development team and much more adoption at this stage, it is hard for LTC to play catch up.

I'm not saying that it is impossible, but in the current era where smart contracts are a must for any aspiring altcoin, LTC just feels archaic and outdated. Unless major development comes through, I think that its market cap and adoption will continue to slide, unfortunately.

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January 15, 2021, 06:57:08 PM
 #25

Litecoin is often associated as "digital silver" or "Blockchain silver" while Bitcoin is "digital gold" or "Blockchain gold". Will Litecoin remain legitimate to be "Blockchain silver" or would you say "Blockchain silver" is not really a norm of scarcity like real silver?
Can Litecoin still make appropriate gains?
Litecoin has been able to maintain its market and supporters which is great, the team and owner is active and want to flourish in the crypto sector so im positive that ltc will grow well in future and good things will be coming soon especially lightning network and smart contracts etc in future.

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makishart
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January 16, 2021, 02:46:16 AM
 #26

Honestly, there's no something special from litecoin beside it was being used as an experimental coin for bitcoin. I personally will not even call it as a blockchain silver.
It's only offering the things that already offered by so many new platforms. The new platforms can do even better than litecoin.
The litecoin is also only following bitcoin to get FOMO. I'm not a hater but I just speak this based on the usability of coin.
Yes, compared to top Altcoins like Ethereum, Binance, Avalanche or Chainlink, Litecoin isn't innovative but does it need to be innovative? In Litecoins position it seems to be working right now very fine?
It does and why not? It's fine with the current condition of litecoin but again litecoin is totally pegged with bitcoin.
Did you see the problem that faced by litecoin in the past?

litecoin would not able to develop another innovation due to lack of operation funds, charlie lie was saying about this too.

That's why litecoin needs to come with an innovation that can give profit.

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sgenuine
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January 16, 2021, 08:26:30 PM
 #27

I think Litecoin is not getting enough attention. Coin has been on the crypto market for a very long time. The emission is almost twice as low as that of ether. All services that work with cryptocurrencies support Litecoin. A huge plus is low commissions. But we can only see the growth of the coin thanks to the growth of Bitcoin.

speedforce
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January 16, 2021, 09:25:47 PM
 #28

Litecoin is often associated as "digital silver" or "Blockchain silver" while Bitcoin is "digital gold" or "Blockchain gold". Will Litecoin remain legitimate to be "Blockchain silver" or would you say "Blockchain silver" is not really a norm of scarcity like real silver?
Can Litecoin still make appropriate gains?

Litecoin have benefit as old coin, its listed on many exchange. But for long term investment, its not like silver and gold. It dont have any plus value or use case for Litecoin at this time. I think Digital Silver should be predicate for Ethereum at this time  Wink

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January 18, 2021, 01:46:46 AM
 #29

Litecoin is often associated as "digital silver" or "Blockchain silver" while Bitcoin is "digital gold" or "Blockchain gold". Will Litecoin remain legitimate to be "Blockchain silver" or would you say "Blockchain silver" is not really a norm of scarcity like real silver?
Can Litecoin still make appropriate gains?

Litecoin have benefit as old coin, its listed on many exchange. But for long term investment, its not like silver and gold. It dont have any plus value or use case for Litecoin at this time. I think Digital Silver should be predicate for Ethereum at this time  Wink
But Ethereum has much more to offer like ICOs and DeFi.

It is easy to compare BTC (Gold) and Litecoin (Silver) here, because Bitcoin and Litecoin are usual payment coins and also a store of value. In addition, Ethereum has infinite supply, it's not really a store of value.

Avoid centralized shitcoins like TRON and RIPPLE, support decentralized coins like AVALANCHE and ETHEREUM instead! Smiley   It is important for us to support decentralized coins! Smiley
Aliceooo78
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January 18, 2021, 01:51:03 AM
 #30

For me, Litecoin will stay the way Bitcoin do.
As we all know that Litecoin is forked from Bitcoin, that's why I can say Litecoin is bestfriend of Bitcoin, these two great coin are also for payment, which I can that Litecoin is great alternative for Bitcoin if you want more cheap transaction fees and fast transaction confirmation if Bitcoin network is clogged.
Silver version is Litecoin, gold is the Bitcoin.
Speaking of appropriate gains, I remember before I saw a thread that talking about buying of Litecoin instead of Bitcoin since Bitcoin is already expensive, and if you check the all-time-high price of Litecoin, still more than 50% more to go before the ATH will reach, so gains still lot of room.
wow...I'm gonna buy some litecoin now
Aliceooo78
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January 18, 2021, 01:58:12 AM
 #31

Litecoin is often associated as "digital silver" or "Blockchain silver" while Bitcoin is "digital gold" or "Blockchain gold". Will Litecoin remain legitimate to be "Blockchain silver" or would you say "Blockchain silver" is not really a norm of scarcity like real silver?
Can Litecoin still make appropriate gains?

Litecoin have benefit as old coin, its listed on many exchange. But for long term investment, its not like silver and gold. It dont have any plus value or use case for Litecoin at this time. I think Digital Silver should be predicate for Ethereum at this time  Wink
But Ethereum has much more to offer like ICOs and DeFi.

It is easy to compare BTC (Gold) and Litecoin (Silver) here, because Bitcoin and Litecoin are usual payment coins and also a store of value. In addition, Ethereum has infinite supply, it's not really a store of value.
why do u say eth not really a store of value Shocked
Billo_
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January 18, 2021, 02:02:01 AM
 #32

Litecoin is often associated as "digital silver" or "Blockchain silver" while Bitcoin is "digital gold" or "Blockchain gold". Will Litecoin remain legitimate to be "Blockchain silver" or would you say "Blockchain silver" is not really a norm of scarcity like real silver?
Can Litecoin still make appropriate gains?

Litecoin have benefit as old coin, its listed on many exchange. But for long term investment, its not like silver and gold. It dont have any plus value or use case for Litecoin at this time. I think Digital Silver should be predicate for Ethereum at this time  Wink
But Ethereum has much more to offer like ICOs and DeFi.

It is easy to compare BTC (Gold) and Litecoin (Silver) here, because Bitcoin and Litecoin are usual payment coins and also a store of value. In addition, Ethereum has infinite supply, it's not really a store of value.
why do u say eth not really a store of value Shocked
Because it has no limit, bro.
Bitcoin has limit of 21 Million coins. We all know and 21 Million coins brings BTC very high value.

You can also read here: https://www.reddit.com/r/ethereum/comments/3fh2cx/if_ether_is_infinite_doesnt_that_limit_its_worth/
Ethereum has no limit of coins, bro

Avoid centralized shitcoins like TRON and RIPPLE, support decentralized coins like AVALANCHE and ETHEREUM instead! Smiley   It is important for us to support decentralized coins! Smiley
lienfaye
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January 18, 2021, 02:33:31 AM
 #33

Litecoin is a good investment especially for long term. It is well-established and existing for years already, a good alternative over bitcoin with lower transaction fees.

Though there are other altcoins who already have the same benefits and efficiency like ltc. I still believe that it is one of alts that cant lose its value when bearish market occur and will remain the blockchain silver of crypto.

Litecoin is still one of the main competitors of bitcoin thus if you want to know more then conduct your own research.

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