BitcoinBarrel (OP)
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October 18, 2022, 03:24:24 AM |
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It's been undervalued and passed over by many pump and dumps over the years. It's a solid alt coin to use alongside Bitcoin.
Accepted more places than any other crypto, Litecoin is one of the few altcoins that I actually use.
It's low fee, fast confirmations and 2nd oldest crypto. Can't go wrong in my opinion.
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sunsilk
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October 18, 2022, 03:47:07 AM |
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It's been undervalued and passed over by many pump and dumps over the years. It's a solid alt coin to use alongside Bitcoin.
I have the same definition for Litecoin, a solid coin after bitcoin but that was before when Charlie abandoned and left. When he was still there, many looked up to this altcoin and considered as the silver bitcoin in the market. But now, even though we've been through a bull run, it didn't make a noise and neither went back to its former ATH. Accepted more places than any other crypto, Litecoin is one of the few altcoins that I actually use.
It's low fee, fast confirmations and 2nd oldest crypto. Can't go wrong in my opinion.
Despite that it's not able to be back on the past ATH, the utility that it has and its usage of it has been wide than the other altcoins that's been built through hype. Well, Litecoin has been built through time.
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TastyChillySauce00
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October 18, 2022, 06:49:05 AM |
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What you're saying was true but that's pretty sad to say that if this coin doesn't have utilities like what owned by another coins in the market. If we are talking about the cheap fees and then yeah even binance needs you to pay a few cents to deliver your transaction. The problem is these days there are so many smartcontract coins that offered better utilities compared with the old coins. that's why even some old coins were dead. It's caused by the demand was migrating to the new coins with more utilities.
That reminds me with namecoin too.
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yazher
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October 18, 2022, 01:35:41 PM |
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I just wonder why this coin has not made any noise this past few years and maybe because they cannot seem to find any partners to make their coins more usable or have some number of utilities for it to be used. sadly this is not the case for Litecoins and it remained underrated for the past years since they don't have working developments or some updates to further escalate the number of people using it. What they really need to do nowadays is to make partnerships with some top coin owners or businesses in order not to be left behind and LTC price will only depend on bitcoins price nowadays which is not recommendable for investment.
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cryptobadshah
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October 18, 2022, 04:40:57 PM |
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I see this coin as the best one for long term investments as well, so I totally agree with you If we fast forward to the year 2025 the majority of industry experts believe that Litecoin will have a prosperous future changelly forecasts that the price of Litecoin may reach as high as with a total market capitalization of approximately 4.4 billion Litecoin is ranked as the 22nd largest cryptocurrency network only you can decide if purchasing Litecoin is a smart financial move for you at this time You should do research on Litecoin's potential and base your selection on a variety of variables including the mix of your investment portfolio your financial goals and your risk profile never risk more money than you can afford to lose by investing it
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eaLiTy
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October 18, 2022, 07:40:36 PM |
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It's been undervalued and passed over by many pump and dumps over the years. It's a solid alt coin to use alongside Bitcoin.
Accepted more places than any other crypto, Litecoin is one of the few altcoins that I actually use.
It's low fee, fast confirmations and 2nd oldest crypto. Can't go wrong in my opinion.
There is no doubt about the efficiency of the coin and i am using them once in a while and the value just dumps whenever the bear market is in full swing and you need to wait till the next rally to see some movement in the valuation. Considering some of the shit coins yes you can claim that it is undervalued but you need to market the coin to the new users to make it relevant. We can ask coblee if we can expect any major announcements ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) .
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Anonylz
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October 18, 2022, 08:21:51 PM |
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The post sounds there like is big new that is about to go public to trigger a huge buy, but all these things op has mentioned have always been part of ltc but it wasn't enough for people to start buying so why do you think that will change so suddenly and people will start buying?
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BitDane
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October 18, 2022, 08:40:34 PM |
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It's been undervalued and passed over by many pump and dumps over the years. It's a solid alt coin to use alongside Bitcoin.
I have the same definition for Litecoin, a solid coin after bitcoin but that was before when Charlie abandoned and left. When he was still there, many looked up to this altcoin and considered as the silver bitcoin in the market. But now, even though we've been through a bull run, it didn't make a noise and neither went back to its former ATH. After Charlie abandon and left LTC, the popularity of LTC declines, and it looks like the development and upgrade of the network gone really slow. And many new altcoins performs better than LTC in terms of technology. Accepted more places than any other crypto, Litecoin is one of the few altcoins that I actually use.
It's low fee, fast confirmations and 2nd oldest crypto. Can't go wrong in my opinion.
Despite that it's not able to be back on the past ATH, the utility that it has and its usage of it has been wide than the other altcoins that's been built through hype. Well, Litecoin has been built through time. Probably LTC need more marketing or probably need a better marketing strategy. After all, great marketing adds up to the value of cryptocurrency since a successful marketing activity can bring in new investors to LTC market.
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Jaered
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October 18, 2022, 08:59:10 PM |
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I seem to believe in all of your opinions but have exceptions about the part you said Litecoin is the most accepted crypto. That is not true. That honor alone belongs to bitcoin alone
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Yaunfitda
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October 18, 2022, 09:29:37 PM |
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It's been undervalued and passed over by many pump and dumps over the years. It's a solid alt coin to use alongside Bitcoin.
Agree, it's because it is being treated as the brother of Bitcoin only. But nevertheless, it's solid and has been in the market for many years. Accepted more places than any other crypto, Litecoin is one of the few altcoins that I actually use.
It's low fee, fast confirmations and 2nd oldest crypto. Can't go wrong in my opinion.
Yes, but I don't see it having a break out run in this bear market. I mean everyone is down, but you can buy it right now and hold and wait for it to have a good run in 2024. Obviously, a new all time high is to be expected.
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Xal0lex
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October 18, 2022, 09:49:09 PM |
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Anything can go wrong, even for bitcoin, because this is a crypto market and anything is possible here, even the most unlikely scenarios. Litecoin is one of those coins that has a rich history and good growth dynamics. For classical investor this asset fits perfectly, because it has already proved itself as the most reliable and as growing over time. I try to buy LTC at drawdowns like BTC and ETH, as I think that Litecoin will be worth $500 in next 5 years and it has less chance of scam than 99.99% of altcoins.
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malcovi2
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October 18, 2022, 10:20:18 PM |
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"It's low fee, fast confirmations."
apparently this saying is very old, its the 2014 thinking. Most of the new coins/old coins are already fast and low fee. We need something new that it can bring something new into the industry.
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Bitcoin_Arena
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฿itcoin for all, All for ฿itcoin.
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October 18, 2022, 10:39:18 PM |
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The fact that It didn't attain a new all time high in the recent bull market speaks volumes. Perhaps the emergence of lots of POS coins like BNB, AVAX, MATIC, LUNA led to traders abandoning most of the old solid projects in order not to miss out on the hype and possibilities of abnormal profits.
I think it will slowly sink down the marketcap just like DASH, XMR, ZEC etc
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Yogee
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October 18, 2022, 11:28:03 PM |
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They started off as an alternative to Bitcoin but where should people place them now since there are hundreds of coins and tokens claiming to be the better alternative? I think the LTC is still a good option for your daily crypto transaction but there are other tokens to consider first if we're talking about long-term investments.
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landheer
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October 18, 2022, 11:30:32 PM |
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People's opinions will definitely be different, and of course the choice will also be different, namely the choice of investing in altcoins. and I think this is a good topic, it's true that lately people rarely talk about litecoin, even though litecoin is a quality crypto, and in terms of price, litecoin still has a good price, so I think in the future litecoin will make a good breakthrough, because Litecoin is a quality cryptocurrency.
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AmoreJaz
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October 18, 2022, 11:35:11 PM |
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"It's low fee, fast confirmations."
apparently this saying is very old, its the 2014 thinking. Most of the new coins/old coins are already fast and low fee. We need something new that it can bring something new into the industry.
Right, almost all of top coins have been offering low transaction fees and fast delivering network that's even more effective compared with litecoin. That being said that litecoin was loosing against another coin in term of tech development. Even majority of smartcontract platforms can deliver the transaction a few times faster compared with litecoin. Calling it to be low and fees and fast confirmation is not reliable anymore. the advantage of LTC that i am seeing is that it is available in most trading platforms. this is why the access for this old alt is quite easy for a lot of traders, and combined with low fee and fast confirmations, that makes this coin still attractive to a lot of crypto users. yes, there are a lot of new coins offering the same features, however, some of them are hard to find in top trading platforms. what i would like to know is if there are active developments with LTC. this is where people are seemingly deprive of the actual status of what's going on with LTC. so i can't say about having a big break in the market.
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tbct_mt2
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October 19, 2022, 01:55:04 AM |
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It's been undervalued and passed over by many pump and dumps over the years. It's a solid alt coin to use alongside Bitcoin.
People call Bitcoin as a digital gold and Litecoin as a digital silver. Litecoin has many years in history and it is used to deploy new technology before a real big upgrade for Bitcoin. An example is Segwit upgrade in 2017 and later is Lightning Network Accepted more places than any other crypto, Litecoin is one of the few altcoins that I actually use.
It's low fee, fast confirmations and 2nd oldest crypto. Can't go wrong in my opinion.
Litecoin gives us lower transaction fee and fast confirmation time but you did not mention one important characteristic of Litecoin network. Its total hashrate is high enough to make it as a third safest cryptocurrency networks, after Bitcoin network and Ethereum network. Because Ethereum changed from PoW to PoS, now Litecoin is the second strongest one in total hashrate. https://www.crypto51.app/https://howmanyconfs.com/From chart, I would like to wait for price from $25 to $35 to think of accumulating Litecoin.
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sunsilk
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October 19, 2022, 03:13:10 AM |
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It's been undervalued and passed over by many pump and dumps over the years. It's a solid alt coin to use alongside Bitcoin.
I have the same definition for Litecoin, a solid coin after bitcoin but that was before when Charlie abandoned and left. When he was still there, many looked up to this altcoin and considered as the silver bitcoin in the market. But now, even though we've been through a bull run, it didn't make a noise and neither went back to its former ATH. After Charlie abandon and left LTC, the popularity of LTC declines, and it looks like the development and upgrade of the network gone really slow. And many new altcoins performs better than LTC in terms of technology. Although, it is undeniably still popular but it's different when Charlie was still there. After his announcement of selling all of his LTCs during the ATH of it, that has left the project still going but not the same as with him anymore. I still like it with its transfers and fees. Accepted more places than any other crypto, Litecoin is one of the few altcoins that I actually use.
It's low fee, fast confirmations and 2nd oldest crypto. Can't go wrong in my opinion.
Despite that it's not able to be back on the past ATH, the utility that it has and its usage of it has been wide than the other altcoins that's been built through hype. Well, Litecoin has been built through time. Probably LTC need more marketing or probably need a better marketing strategy. After all, great marketing adds up to the value of cryptocurrency since a successful marketing activity can bring in new investors to LTC market. Who's going to spend and allocate the budget for marketing then? I don't think that there's a need for that, it has a foundation already and it's still popular to date. It is up for the community on finding out whether they're going to like LTC or not and will use it as an asset or as an alternative transfer just like what it is for most.
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malcovi2
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October 19, 2022, 07:53:30 AM |
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"It's low fee, fast confirmations."
apparently this saying is very old, its the 2014 thinking. Most of the new coins/old coins are already fast and low fee. We need something new that it can bring something new into the industry.
Right, almost all of top coins have been offering low transaction fees and fast delivering network that's even more effective compared with litecoin. That being said that litecoin was loosing against another coin in term of tech development. Even majority of smartcontract platforms can deliver the transaction a few times faster compared with litecoin. Calling it to be low and fees and fast confirmation is not reliable anymore. the advantage of LTC that i am seeing is that it is available in most trading platforms. this is why the access for this old alt is quite easy for a lot of traders, and combined with low fee and fast confirmations, that makes this coin still attractive to a lot of crypto users. yes, there are a lot of new coins offering the same features, however, some of them are hard to find in top trading platforms. what i would like to know is if there are active developments with LTC. this is where people are seemingly deprive of the actual status of what's going on with LTC. so i can't say about having a big break in the market. Hard to find? I can literally point out how many top 50 coins that is listed on the big exchanges...
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danherbias07
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October 19, 2022, 09:16:40 AM |
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It's just regretful that it cannot be noticed anymore. Many investors are busy looking for something new that would enhance their profits in faster way than for a long and secure shot. BNB, Staking coins, NFTs, etcetera. They are even avoiding Bitcoin so it becomes more of a problem for Litecoin to be seen in the spotlight, unlike in the old days. That big break will be a long shot and near impossible.
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