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Author Topic: What about Litecoin?  (Read 1012 times)
bryant.coleman
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September 14, 2021, 10:49:24 AM
 #141

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
 #142

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
 #143

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
 #144

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
 #145

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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September 15, 2021, 02:20:04 PM
 #146

Bitcoin Cash, Litecoin, And Ethereum Classic – What Are These Crypto Spin-Offs?

Its main differences to Bitcoin include: 2.5-minute block times instead of 10 minutes, Extended maximum supply (84 million coins), Different mining algorithm (scrypt)Minor modifications in the graphical user interface (GUI). TL;DR I read about Litecoin article.
 
Source https://blockster.com/blockdesk/1542_bitcoin-cash-litecoin-and-ethereum-classic-what-are-these-crypto-spin-offs
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September 15, 2021, 02:22:07 PM
 #147

indeed similar to Bitcoin, Litecoin is a peer-to-peer crypto asset that aims to serve as a global digital payment system. Similar to Bitcoin, Litecoin is an open-source network that is completely decentralized without any central authority which means it is not controlled by anyone.
Although LItecoin has many similarities with Bitcoin, it has some differences in terms of mining algorithm, fees, supply and transaction confirmation speed. so litecoin in my opinion is very good for the long term but to compete with bit coin is very difficult as you said bitcoin is gold and litecoin is silver from any side gold is better than silver

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September 18, 2021, 06:29:33 PM
 #148

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 personally really in love with this for some time because I can use this for cheap fees and transaction speed is also very good, but sadly It's much behind because it's not going with tokens one thing is also for sure it's worth holding because we will watch some very good increase in price in future.

Good thing for Litecoin is its supply is very limited, just 84 million coins ever been mined, which will bring this very scarcity. Unfortunately market is moving around smart contracts so single blockchain project is much behind but still I feel It's nothing matter because Litecoin is very useful.

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September 18, 2021, 08:57:09 PM
 #149

I am sure that Litecoin will still show itself and will cost 1000 at least in the foreseeable future.

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September 18, 2021, 11:26:24 PM
 #150

I used Litecoin to transfer funds between exchanges and wallets. Litecoin has very cheap fees and transaction speed is faster than bitcoin. Then I began to use TRON, because transactions are instant and the commission is very very small.
The future of cryptocurrency is smart contracts and instant transactions. If Litecoin Developers do nothing in this direction, they will lose users.

True, i remember using Litecoin as Arbitrage tools between exchange before i realize xlm and trx are cheaper and faster.
I think litecoin should adapt with that issue soon or they will really lose the competition.
I read an article if litecoin are still developing smart contracts to support the transaction system.  I think Litecoin still has to really develop a good stage and so that the Litecoin transaction system can be affordable and low-cost

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September 20, 2021, 01:15:04 PM
 #151

Litecoin will be fine in the near future, it has already firmly taken its place among the leading cryptocurrencies. The news background and noise support the Litecoin rate well.
"Attention shoppers! ICYMI: You can PaywithLitecoin at 10s of millions merchants WORLDWIDE with the Litecoin Visa Card and it sync's with Apple and Google and Samsung Pay!"
_https://twitter.com/litecoin/status/1437796739574947843



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September 20, 2021, 01:28:48 PM
 #152

Litecoin is one of the most neglected coin in this bullrun. Its position in 2017 was right after Bitcoin and Ethereum. But now there is a lot of distance between the position of Ethereum and Litecoin. However Litecoin has the potential to grow. Litecoin developers should be more responsible.

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September 20, 2021, 02:25:08 PM
 #153

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.

Couldn't agree more with you, mate. Litecoin is one of the most undervalued coins on the market. The limited supply and years of experience, makes Litecoin a great cryptocurrency just like Bitcoin is today. Of course, there are other altcoins with faster speeds and cheaper fees than Litecoin. But their supply is not as limited as Litecoin's. People seem to be missing what Litecoin is all about. They're only into crypto to make money, instead of believing in its core tech to change our world for the better. As long as this mindset exists, Litecoin won't be going anywhere.

All of the attention is on "De-Fi" and NFTs right now, leaving single-purpose blockchain networks in the dust (except for Bitcoin). The "Mimblewimble" privacy upgrade had little to no effect over Litecoin's price. Demand is at its All-time-low, so it's hard to believe Litecoin will soar in price anytime soon. At least, the blockchain is healthy. With decent hashrate and nodes backing the network, Litecoin could last a lifetime. Just my thoughts Grin

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