Blawpaw (OP)
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Merit: 1027
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November 23, 2022, 08:23:04 PM |
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Litecoin has always been one of my favourite cryptos. It was the first crypto after Bitcoin, and it was the third crypto I mined first.
Nowadays, I do not mine cryptos any more, but I'm still hoarding Litecoin as I believe I will still make 10x or plus more than what I have invested. After Bitcoin, for me, it is the best.
So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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jossiel
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November 23, 2022, 09:24:01 PM |
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I like Litecoin as I use it for transfers but I don't hold a lot of it. I believe on it that it will eventually have its time to shine again. Honestly, I'm happy to see it back at top 13 and might go higher soon. Because the last time I've seen it, was it's like around top 24 or higher than that rank.
Before thinking of it going to $500, it should take time to be around $150-$300 and be stable there. And it will happen based on how bitcoin will move too.
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Signature for rent
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Ziskinberg
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November 23, 2022, 09:56:41 PM |
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Litecoin is growing despite the current drop in prices of major coins.
I would say the potential is still on this coin but never I expect $500 could easily be reached this coming bull season. Though I wasn't buying Litecoin at this time still I know that many investors have their trust remain on this project as they believe the capability of this project and thinking for a profit once the bull season comes.
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lalabotax
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November 23, 2022, 10:33:32 PM |
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Nowadays, I do not mine cryptos any more, but I'm still hoarding Litecoin as I believe I will still make 10x or plus more than what I have invested. After Bitcoin, for me, it is the best.
I also really expect that the price of Litecoin can really reach this. But in fact, seeing how the progress of Litecoin in the last bullish era, this seems like LTC is left behind the new coins. Well, I am still holding LTC since 2020, because I really expect that the price of LTC would be exactly skyrocket in the bullish at that time. But the times proved that it couldn't be. I am now still holding the Litcoin. Hopefully as what you also expect that Litecoin will be skyrocket much higher again in the next bullish era. |
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Baofeng
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November 24, 2022, 04:13:22 AM |
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Litecoin has always been one of my favourite cryptos. It was the first crypto after Bitcoin, and it was the third crypto I mined first.
Nowadays, I do not mine cryptos any more, but I'm still hoarding Litecoin as I believe I will still make 10x or plus more than what I have invested. After Bitcoin, for me, it is the best.
So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?
It has been in the market for so long, so the longevity is already there no question about it. And as long as it will be treated as a small brother to Bitcoin or sort of a genie pig, a test platform, then it will be in the market. Good for you if you are still holding Litecoin. It had a good run in the last bull run, although it didn't get the love from the altcoin market and people forget that Litecoin is good for long term hold. Yeah, $500k in the future is doable, it might take year though before we achieved that price. |
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noorman0
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November 24, 2022, 05:01:41 AM |
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I just believe this coin really has very light transaction fees (hence the name) even in exchange transactions which are known to be stifling in average. Perhaps the only fundamental factor for making this coin able to pump independently is that many people need it to send small-scale value between centralized exchanges.
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Jancuki
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November 24, 2022, 05:32:54 AM |
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Actually this is one of the coins that I have a long term goal besides ETH and BNB. You could say this coin still has potential for the future, especially since this coin is still one of the top popular coins. So for me it seems that it is still feasible to be used as an alternative coin for long-term holding.
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Party24*7
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November 24, 2022, 05:51:40 AM |
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I am also using LTC but for daily transfer because it has cheap transaction fees and fast processing speed, and for investment I am not really interested in old coins like LTC, XMR, DASH...all of them proved to be quite slow in capturing their market share. If you focus on privacy or security then LTC and old coins are choice but for profit they are no longer relevant.
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coinerer
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November 24, 2022, 07:37:31 AM |
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I trust Litecoin quite a bit and I think that even if it is a bit cheaper, at least it won't be a scam like FTX ,LUNA . It has been in the market for a long time and has maintained a large market share in the crypto market . And it is a coin trusted enough by everyone. And various big companies are doing their work with Litecoin . I have a lot of faith in Litecoin and I have investments in it
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lumbanrang
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November 24, 2022, 07:52:36 AM |
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The credibility of Litecoin is beyond question. This is one of the old coins on the market that still exists and continues to survive amidst various issues that hit the crypto market globally, even this coin is not too affected by the decline in crypto market capitalization. I don't hold this coin, but I think that Litecoin is a potential cryptocurrency and in the future it will definitely shine again.
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Blawpaw (OP)
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November 24, 2022, 08:18:38 AM |
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I like Litecoin as I use it for transfers but I don't hold a lot of it. I believe on it that it will eventually have its time to shine again. Honestly, I'm happy to see it back at top 13 and might go higher soon. Because the last time I've seen it, was it's like around top 24 or higher than that rank.
Before thinking of it going to $500, it should take time to be around $150-$300 and be stable there. And it will happen based on how bitcoin will move too.
Yes, Litecoin is one of the most useful coins when it comes to transfers. Its super fast and its transactions cost is very cheap. I have also use it for doing transactions exactly beacuase it has this great property. Comparing with stable coins it is lightningn fast, its safer and as cheap as. |
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Tony116
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November 24, 2022, 08:39:16 AM |
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I do not invest in it, if given the choice to invest in altcoins, I will choose ETH and BNB more because the growth potential of these 2 altcoins will be greater than LTC. LTC was once a potential coin but now it is no longer strong enough to compete with today's new altcoins. What I like most about LTC is that it has low transaction fees and is also very fast, but to find a coin with similar features we also have a lot of choices.
$500 target is not a very high target but I have my doubts about LTC because looking at the price history from hitting an ATH of $360 in 2017 last year, it has surpassed the old ATH but only at level 380 dollars, the difference is not too much so the target of $ 500, I find it not very feasible.
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zasad@
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November 24, 2022, 08:58:33 AM |
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Litecoin is a very good decentralized coin with good liquidity on many exchanges and other coin exchange services. There will be no big XX on this coin, but I do not think that the price of the coin will fall much.
And many new coins due to mining will not appear.
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Ahli38
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November 24, 2022, 10:46:05 AM |
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in 2021 I am saving enough Litecoin to make a long term investment (at first). But in the end I decided to let it go. not for distrusting Litecoin itself. however I prefer to move almost all of my long term investment into bitcoin. now i only trade it for short to medium term investment. But looking at the price of litecoin now, I'm a little interested in going back to collecting and storing it until the bull market comes back. and I still remember that Litecoin was the first coin that I held. i learn bitcoin but bitcoin is not my first coin. but in the end Bitcoin became a coin that I continue to hold until now and for the long term, of course.
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Yatsan
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November 24, 2022, 02:31:25 PM |
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Litecoin is one of the top cryptos of this industry in my opinion. It has chain being used in projects, because transactions fees are not as high as with other tokens. Although it came across with various issues before, the fact that it is still acknowledge by investors as a good coin to invest, simply proves that it really is. If ever there will be future developments with litecoin, I think it would be a better investment and a coin to be used in daily transactions. One thing I have observed in its value is being quite delayed with market pumps.Which I think has something to do with its market volume. I'm not quite sure yet if it would be a problem to ithers but to me it is better than other alts.
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m2017
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Activity: 1806
Merit: 1304
keep walking, Johnnie
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November 24, 2022, 03:00:40 PM |
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Litecoin has always been one of my favourite cryptos. It was the first crypto after Bitcoin, and it was the third crypto I mined first.
Nowadays, I do not mine cryptos any more, but I'm still hoarding Litecoin as I believe I will still make 10x or plus more than what I have invested. After Bitcoin, for me, it is the best.
So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?
I have the opposite opinion from yours. This doesn't mean that it will be exactly like this, but it seems to me that Litecoin is a half-dead. I don't believe in the future of this project and that it will gain wide popularity and use, which will allow LTC to rise in price significantly. I know that the litecoin network has a lot of users, that there are more " points" accepting LTC as payment, but the premonition that this is " an exhausted horse, slowly losing its strength and position" doesn't leave me. |
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maydna
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November 24, 2022, 04:01:09 PM |
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Litecoin is still one of my coins of choice now. Even though the price is currently under $100 but it will increase again and still can go above $100. But it's not easy considering that nowadays, many coins are predicted to shift the price of Litecoin, but that doesn't make Litecoin lose its supporters. Litecoin still has that opportunity, although we don't know for sure. At its current price, Litecoin can still be used as an investment besides other potential coins such as Ethereum, BNB or other coins.
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Crypt0Gore
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November 24, 2022, 04:18:34 PM |
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I don't believe in Litecoin and I have my reasons.
This project is more like BTC maybe that's why the devs are very slow with development around Litecoin? Like there isn't too much to expect from this project because of the main reason why it existed in the first place?
Right now if all a project has to offer is faster transaction speed and cheaper gas fee it's not going to work but in Litecoin case I believe it's the community love that keep it alive.
There are just too many better options that's my reason.
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tygeade
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Merit: 1058
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November 24, 2022, 06:28:25 PM |
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Litecoin is a very good decentralized coin with good liquidity on many exchanges and other coin exchange services. There will be no big XX on this coin, but I do not think that the price of the coin will fall much.
And many new coins due to mining will not appear.
Unfortunately, people do not realize the value in that. I mean they invest into things that have a central figure and "founder" or creator or "the dev" whatever you want to call it. Basically, someone who could destroy the whole project if they leave, or die, which is exactly the opposite of what Satoshi did, he ended up going away to make sure that bitcoin grew without him. That is why I believe that we shouldn't be really investing into anything that has anything centralized. On the other hand, litecoin doesn't have it, sure charlie lee is there but he is nobody, he is just a good investor, just like vitalik, they are not the owners and they can leave and nothing happens, which was proven in litecoins case many times. |
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len01
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November 24, 2022, 06:33:34 PM |
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I am one of those people who still believe in bitcoin's little brother (LTC).
the reason I'm still holding LTC for the long term is because I don't think LTC has had any problems so far, well even though LTC hasn't provided fantastic ATH like BTC but I'm very sure in the future there will be big price surprises from LiteCoin.
maybe some people use LTC only for transactions for reasons of low fees and some also don't believe in LTC for the reason that LiteCoin has not had any extraordinary movements so far.
but for me it is not a problem and I will continue to believe that LTC in the future will definitely exceed $500
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