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Author Topic: What about Litecoin?  (Read 1123 times)
TWW
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September 13, 2021, 03:20:51 PM
 #121

litecoin price today rose significantly to the position of $ 231 but today is a dump. i think the litecoin market will still surprise with having huge potential to pump and dump. so Litecoin can still be used as a long-term coin of choice
for the long term of course LTC will not be in doubt. but now there is bad news regarding LTC which turns out to be false news. I believe the reason for the current market downturn is not the news. and now we can only wait for how bitcoin will trend the market. and I'm sure LTC will follow suit.
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September 13, 2021, 03:21:50 PM
 #122

Now,the lack of innovation on the Litecoin blockchain makes the crypto community more eager to surround this new blockchain system.Moreover,the Ethereum system also appeared in 2013,two years after the Litecoin project was officially launched.Thus,the presence of Litecoin is considered to wither before it develops,Especially now that Litecoin's position is increasingly threatened after the emergence of new,more sophisticated blockchains,such as those offered by Polkadot or Cardano.As a result,Litecoin's demand was affected and of course made the price stagnate,and now Litecoin is still in the top five cryptocurrencies with jumbo market capitalization.Now,in July 2021, Litecoin is ranked 13th
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September 13, 2021, 03:54:32 PM
 #123

The cryptocurrency Litecoin is up more than 140% in 2020. In 2021, LTC showed very fast growth until May. however, due to some external factors, the situation changed significantly. The price of Litecoin has been through a lot since its launch and has been very volatile, up and down.
This contributed to a significant rise in price before a minor correction occurred. This price correction did nothing to counter Litecoin's strong price trajectory. As for Litecoin's long-term predictions, the outlook suggests that Litecoin has potential.

The price have been up and down, but despite that it has managed to survive in the cryptocurrency market. It can be said that the prices haven't increased as much as ADA or BNB, but still LTC has given good returns to those who invested in that coin. That said, some of the newer coins have managed to overtake LTC. Once upon a time, LTC used to rank within the top-5. After a few years, it dropped to top-10. And now it is at no.14 in market cap as per the Coinmarketcap list. Let's hope that it will stay there for sometime.
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September 13, 2021, 03:55:48 PM
 #124

Yeah, i think it has a potential and worth holding. It has really low fees and fast and safe transactions. It's one of the first crypto and it may have really good rise in the future.

Yes, I agree with you. Already Litecoin (LTC) have a lot of popularity, the popularity of Litecoin (LTC) is increasing day by day. I believe Litecoin (LTC) will be able to move to a better position in the future. Just waiting for the time.

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September 13, 2021, 04:28:53 PM
 #125

such cryptocurrencies as LTC can always show such growth dynamics at any time, this coin is time-tested, and for a long time it occupies a good position in the CMC on the market, so this is the beginning, perhaps we will see new peaks of this coin, whales are determined to raise this coin to the top.
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September 13, 2021, 08:36:04 PM
 #126

I see Litecoin is the oldest surviving coin after Bitcoin. Maybe most of the others don't have a good volume. So I remain optimistic about Litecoin's condition even though the price movement is a bit late compared to other coins. The current Litecoin price has given the team optimism to continue to maintain the value of Litecoin on the exchange.

I'm pretty sure Litecoin will last a lifetime. Just like you said, Litecoin is one of the oldest surviving coins after Bitcoin. It's a tried-and-tested blockchain network with a solid foundation built upon it. Other altcoins are easily attacked because of their low network hashrate. But Litecoin hasn't seen any kind of interference since launch (as far as I'm aware).

The reason why Litecoin hasn't been soaring towards new heights is because of low market demand. Most people are focused on "De-Fi" and NFTs, so single-purpose blockchain networks (like Litecoin) are left behind in the dust. What matters is that Litecoin stays decentralized and censorship-resistant. Only this way, it'll be able to withstand governments' efforts against it. I wouldn't worry about Litecoin's price as long as the Blockchain is still alive. Just my thoughts Grin

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September 13, 2021, 10:31:39 PM
 #127

Today someone played an interesting “game” with Lite, when it suddenly pumped to 240$ and then again dumped to 170$. Everything happened so fast and unexpectedly for me. Now I'm just sitting and thinking, what was it and what could it mean. Very odd moment. Think, we need to pay more attention to Lite now, it can grow up now.
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September 13, 2021, 10:52:22 PM
 #128

The "Silver to Bitcoin's Gold" has been out of the spotlight for quite time. I'm surprised this is happening with LTC since worthless coins like Dogecoin and SHIBA are getting all of the attention in the mainstream world. Unlike the aforementioned coins, Litecoin with only 84 million coins that will ever exist. One thing for sure is that Litecoin is faster and cheaper than Bitcoin. If DOGE went all the way from being worth nothing all the way to nearly $1 per coin, then Litecoin can do much more than that.

Last time I've checked, LTC developers announced the "Mimblewimble" privacy technique. I don't know if it's already been implemented since I haven't been catching up with the project's progress. Adding new features to a Blockchain should make the underlying cryptocurrency soar all the way to the moon. Yet, nothing is happening as LTC remains stagnant in price.

Am I missing something here? What do you think may be the cause of Litecoin's stagnation? Will it have a future? Do you think it is worth buying and holding for the long term just like Bitcoin? Your input will be greatly appreciated. Thank you very much. Smiley

Just like every other era, the meme coins were the fad this go around.  When the smoke clears coins like bitcoin, litecoin, eth will still be standing.  Keep piling into them and you should be fine.  These fad coins will get smashed eventually.  They are just pump toys.
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September 14, 2021, 01:03:35 AM
 #129

Today someone played an interesting “game” with Lite, when it suddenly pumped to 240$ and then again dumped to 170$. Everything happened so fast and unexpectedly for me. Now I'm just sitting and thinking, what was it and what could it mean. Very odd moment. Think, we need to pay more attention to Lite now, it can grow up now.

There was a press release published in the media saying that the Litecoin Foundation had partnered with Walmart. It turned out to be fake news and Charlie Lee had to go on Bloomberg to deny these rumors.

 

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September 14, 2021, 04:15:04 AM
 #130

I'm pretty sure Litecoin will last a lifetime. Just like you said, Litecoin is one of the oldest surviving coins after Bitcoin. It's a tried-and-tested blockchain network with a solid foundation built upon it. Other altcoins are easily attacked because of their low network hashrate. But Litecoin hasn't seen any kind of interference since launch (as far as I'm aware).

The reason why Litecoin hasn't been soaring towards new heights is because of low market demand. Most people are focused on "De-Fi" and NFTs, so single-purpose blockchain networks (like Litecoin) are left behind in the dust. What matters is that Litecoin stays decentralized and censorship-resistant. Only this way, it'll be able to withstand governments' efforts against it. I wouldn't worry about Litecoin's price as long as the Blockchain is still alive. Just my thoughts Grin

I wouldn't go to the extent of claiming that Litecoin is "left behind in the dust". The market cap has steadily increased over time, ever since it was first mined more than 10 years ago. It is having a market cap of $12 billion, which IMO is considerable. Now you can't compare LTC to some of the inflated coins such as XRP and Solana, but it has managed to carve out a place for itself in the cryptocurrency sector. And if I am not wrong, Litecoin is the only other first-generation cryptocurrency (apart from Bitcoin) that is currently included in the top-50 list.

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September 14, 2021, 04:37:39 AM
 #131

Litcoin will remain the best coin in the history of the cryptocurrency dubbed the "silver" cryptocurrency. It's paired with bitcoin. It has many advantages in its technology. Such as low fees and fast transactions.

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September 14, 2021, 06:35:00 AM
 #132

Litcoin will remain the best coin in the history of the cryptocurrency dubbed the "silver" cryptocurrency. It's paired with bitcoin. It has many advantages in its technology. Such as low fees and fast transactions.
Litecoin has started slowly showing good prices this year, with good gains and has a strong market. i think litecoin will get a good place in the crypto market. Litecoin is just waiting for the market to experience a fast and stable bull run this year.

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September 14, 2021, 07:09:08 AM
 #133

Litecoin has been developing steadily in recent years. Some time ago, Elon Musk's disruption to the market did not stop the development of Litecoin.
I am very optimistic about Litecoin. It has great potential. And its transaction fees are very low. It will develop steadily like Bitcoin.
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September 14, 2021, 08:45:55 AM
 #134

Litecoin has grown very much in price recently and thus brought its investors a huge profit, and in general Litecoin is a very popular cryptocurrency in which huge money is invested on an ongoing basis and I also invest in Litecoin as I know that this cryptocurrency in the future will grow to new heights due to its popularity, excellent technologies and capabilities, so I look forward to the Litecoin price reaching 200$ in the near future and of course I will invest more in Litecoin if Litecoin price will drop.
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September 14, 2021, 10:46:05 AM
 #135

Anti-Litecoin sentiment makes why Litecoin is cheap This may be the most controversial reason in answering why Litecoin's price is relatively cheap despite its caliber as an altcoin pioneer. Even the crypto community chose not to hold Litecoin anymore. After that, many threads were scattered on the Reddit forum which further heated up the situation. It's just that, in the midst of the controversy, there are still many analysts who think Litecoin is still worth holding. They all view Litecoin as a hedging asset given its limited supply. Of course, assets with these characteristics will sell well when the inflation rate is high. Incidentally, currently United States inflation is at its peak due to the economic recovery after being hit by the COVID-19 pandemic. In addition, market participants are still considering Litecoin as a hedge asset that is much cheaper than Bitcoin. This could be a positive catalyst for Litecoin going forward.
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September 14, 2021, 10:49:24 AM
 #136

There is no doubt that Litecoin is a worthy investment target, Litecoin is the second coin I know after bitcoin, I used to make Litecoin as daily trading on bittrex 5 years ago, and now Litecoin is growing and continues to innovate so I don't hesitate to hold it long term.

Same story here. Litecoin was the second cryptocurrency in which I made my investment. And that was sometime in Q1 2013. I got my first BTC sometime in Q4 2012, and after a few months I purchased some LTC. I remember that when I sold them for BTC, I received around 5x profits. But then I made the decision to concentrate on BTC. I still had some LTC with me, but lost the majority of them when BTC-e/Wex.nz went down (seized by the FBI). And I lost whatever remaining when Cryptopia closed down in 2019.
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September 14, 2021, 04:20:05 PM
 #137

Litecoin is a peer to peer cryptocurrency and open source software which was setup by Charlie Lee in 2011.Litecoinis used for paying people anywhere in the world without an intermediary having to process the transaction.It is a good coin. 🙏🙏

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September 14, 2021, 09:12:17 PM
 #138

I consider Litecoin to be one of the most undervalued coins at the moment. And although the crypto market is constantly evolving, giving rise to new coins with similar features, Litecoin is still attractive for long-term investment.
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September 14, 2021, 11:49:06 PM
 #139

Litcoin will remain the best coin in the history of the cryptocurrency dubbed the "silver" cryptocurrency. It's paired with bitcoin. It has many advantages in its technology. Such as low fees and fast transactions.
When Litecoin was created it was a fun way to call them the silver because it is just the same code used by Bitcoin with a few changes and there were many who invested in it thinking they could make a fortune. If you look at the market now there are plenty of other coins that are far better in terms of technology and hence the moniker of silver will not stand now Tongue.
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September 15, 2021, 02:38:23 AM
 #140

Allow me to tell a story. I have worked at Wal-Mart for ten years, and my main job is to kill fish. Then I resigned when I got tired of it. Engaged in the digital currency trading industry. Also made some money. September 13, 2021 Wal-Mart breaking news supports Litecoin payment. I thought my luck was coming. This was the luck that Wal-Mart brought me. The contract opened 20 times more. On September 14, 2021, I returned to Wal-Mart and continued my job of killing fish.
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