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Author Topic: How many of you believe in Litecoin?  (Read 434 times)
rhomelmabini
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November 24, 2022, 08:14:12 PM
 #21

Will still be good but I'd say that it will follow the path of Bitcoin in terms of price action. There might be some news around that they developed that privacy upgrade of MimbleWimble for their technology so that's a plus to consider. I believe Litecoin has still space for this industry but with fast acceleration in technology it might behind in the competition.
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November 24, 2022, 09:29:36 PM
 #22

It's not that I believed in Litecoin but there is no doubt that this coin is one of the worthy coins that everyone must consider adding to their portfolio. Ups and downs, good days or not, bull or bear, etc. LTC is proven to be one of the top coins that have a strong foundation.

Since most coins are having a bad day because of the current market situation, expect that even the top coins will not be excused by that.

LTC seems currently on its considered good entry price. It's your call to decide what will you do.
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November 24, 2022, 09:48:15 PM
 #23

Will still be good but I'd say that it will follow the path of Bitcoin in terms of price action. There might be some news around that they developed that privacy upgrade of MimbleWimble for their technology so that's a plus to consider. I believe Litecoin has still space for this industry but with fast acceleration in technology it might behind in the competition.
Indeed, Litecoin remains as one of the valuable assets in the crypto market. Many people are still using their platform but because of the market competition, sometimes they will be rejected. However, I'd see the developers working on it to remain competitive and improve their services. But what actually they need is to have market promotions. Many projects grow up because they are aggressive to expose their project in the community which I see it was effective enough.



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November 24, 2022, 10:04:43 PM
 #24

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.
There are other cheaper coins there for transfers but I just can't ignore this fact from Litecoin.

People may debate with that fact but there's something that make me don't want to ignore Litecoin for using it as is.

It's still making me want to use it for the transfers that I do and that's why I just can't leave it there. And it is my first go-to whenever I want to trade and transfer Litecoin somewhere else.

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November 24, 2022, 10:42:40 PM
 #25

It is clear that Litecoin has what it takes to advance in the digital currency market. Its technology rivals, and is sometimes even better than, that of Bitcoin. By offering near-instant transactions, a strong track record of stability, and a familiar mining process, Litecoin shows the world that it can work as a cryptocurrency. It is being accepted everywhere, it has unbelievable potential for growth, and there are so many great innovations coming up in its ecosystem. I do still like Litecoin and I think we will definitely see it rise again once its gains more traction with merchants and is adopted more directly by users.

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November 24, 2022, 11:54:37 PM
Last edit: November 27, 2022, 02:45:14 PM by roslinpl
 #26

Litecoin had a potential as investors, Some coin only had a people for short period. I had nearly huge money in Litecoin over 3 years. The main disadvantage of the Litecoin was it won’t increase to huge value like the price of the Litecoin. Litecoin was in the market since the Ethereum exist in the market. But due to less support, the litecoin not reached the 1k dollar. People who are new to the market are requested to keep some litecoin for the future. Because their is myth of Litecoin will reach of 1000 dollars with his next quarter. In a long run Litecoin will reach the value of 5k dollars and long term holders will gain good profit.
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November 25, 2022, 04:22:21 AM
 #27

(....)
So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?
This is always possible for me. But make sure if you are hoping Litecoin will go to $500 again, expect other coins will pump too like Bitcoin. For sure when Bitcoin creates new all-time high, litecoin will follow too but I am not sure that Bitcoin new all-time high will also a new all-time high for Litecoin too since I believe that Bitcoin is more capable to do it like the volume and also consider there are other new altcoins now.

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November 25, 2022, 04:27:19 AM
 #28

No I don’t believe in it. Alts don’t deserve any worshippers imo. Litecoin is not an exception. It is usable in some occasions and I like ltc but I don’t know if it will exist 10 years later. It will probably be around but price wise, it won’t make a huge moonshot. That’s because ltc’s biggest holder dumped his coins long time ago. Imagine if satoshi came back to life and dumped a million btc on us… that’s what happened with ltc.

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November 25, 2022, 06:44:46 PM
 #29

Most people wan to invest in tokens that will give them quick return and missed out of good project like LTC.

LTC has been able to stand the test of time, whilst others have faded into the Oblivion, LTC is still there standing.

Maybe in the nearest future more people will embrace it and appreciate it.

For now, I think they should do more in shilling the coin.


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November 25, 2022, 07:16:28 PM
 #30

Litecoin has always been one of my favourite cryptos.

bitcoin has always been my favorite cryptocurrency, but litecoin has always been my favorite altcoin, i use litecoin for day trading, for casino play and for transfers. but i don't see a very good future for litecoin, if you ask me and being honest i don't buy litecoin to do hodl for many years, but strange that these days the price of litecoin has increased a lot in relation to bitcoin, i don't know if this has to do with some pump and dump, I don't know the reason for this big price increase, but the fact is that there was a big price increase in the last few days and if the bitcoin price rose to 24000$? then the price of litecoin would reach 130$

So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?

honestly I don't believe that litecoin will reach 500$, I know that these days the price of litecoin has gone up a lot in relation to bitcoin, but the problem is that when the price of bitcoin starts to go up a lot people will sell litecoin to buy bitcoin and with that the price of litcoin at the most will reach 280$, for people who buy litecoin now they will be able to have profits of 3X or more, but they should not create high expectations that the price could reach 500$ because that is something difficult, unless that the price of bitcoin reached 100,000$, but in this case the price of litcoin would only reach 500$ thanks to bitcoin rising to 100,000$ that's why I prefer to just hodl bitcoin because at the end of the day altcoins only go up thanks to bitcoin

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November 25, 2022, 09:00:10 PM
 #31

For a while, I was using Litecoin a lot when transferring from exchange to exchange because at that time there was no other coin that was available in all exchanges, providing cheap and fast transfers, but today there are dozens of coins that meet these needs. For this reason, I think that its use will decrease now. Therefore, investing in Litecoin is not a good and safe choice for me, but of course I would not argue that it will not be among the top earning coins again. To wrap it up, I think it's a risky choice. I wish you good luck.

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November 25, 2022, 09:07:16 PM
 #32

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.
That's the intriguing part I also noticed. I was observing its price a month or so ago, and Bitcoin was at $20.000 and Litecoin was at $50 levels. Currently, it's one of the few coins that is growing (over 20% increase in the past week) despite the ongoing bear market, making me regret thinking twice when I was interested in buying a while ago. In my opinion, it does have the potential to shine again; it used to be in the top 3 a few years ago, although it will still be outperformed by others such as BNB.

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November 25, 2022, 09:19:04 PM
 #33

So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?
As long as litecoin continues to be on a good position and there’s a good update, I believe LTC can make it so I’ll be more optimistic for the future of LTC in the next bull trend. This is one of the cheapest network and I usually use it for my gambling activities, looking forward to heard more good news from them. Competition becomes more harder for LTC but still, they manage to catch up and stay within the competition, that is a good sign of a good project.
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November 25, 2022, 09:37:31 PM
 #34

I do still use Litecoin to exchange for faster confirmation and less fee for every transaction on every exchange. Sometimes the fee of exchanges are too high with Bitcoin, so I use Litecoin for the alternative and have pretty good result for low-fee transaction stuff. Litecoin was pretty good when the faucet still exist with so many faucet giving actually decent amount of litoshi every claims, but other than aforementioned stuff above I rarely used it.

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November 25, 2022, 09:43:16 PM
 #35

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.

I used to see Litecoin as a very promising coin, and even considered it as silver, as Bitcoin is to gold but as time passed, Litecoin had diminished its popularity and was taken over by ETH and other altcoins.  It it also has slow development which probably affect its popularity.  Before Litecoin market has lots of excitement but as time passed by the excitement of the Litecoin market also perished.  It looks like a famous coin of the past.  And checking their site, there aren't any developments except for the MimbleWimble.
 
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.

Hopefully, you hit your target price in this coming bull season.  Though we can agree to disagree that Litecoin is the next best crypto in the industry.
 
So, how many of you still believe in Litecoin and think we will still see it go past the $500 mark again?

The cryptocurrency market is crazy, a market can gain 1000% without any reason and dump into oblivion in just a simple FUD.  In short, I may not expect that Litecoin will go past $500 again but with the pump and hype available in the market, there is still a chance for LTC to hit $500 again and maintain the price even in a short period of time.

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November 25, 2022, 09:46:18 PM
 #36

I do still use Litecoin to exchange for faster confirmation and less fee for every transaction on every exchange. Sometimes the fee of exchanges are too high with Bitcoin, so I use Litecoin for the alternative and have pretty good result for low-fee transaction stuff. Litecoin was pretty good when the faucet still exist with so many faucet giving actually decent amount of litoshi every claims, but other than aforementioned stuff above I rarely used it.
And you confirm the usefulness of Litecoin over other platforms. It was the fee concern and Litecoin gives you the best offer.
Was true that many users still keep using this coin, yet the demand is just low still I know that investors and traders will still notice this project someday.
That is strong proof of why Litecoin will never fade. In fact, we have noticed that the price is moving high meaning, the demand is quite growing as well. And it simply means that people still consider Litecoin a valuable asset in the crypto market.

R


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November 26, 2022, 04:18:11 AM
 #37

Right now I don't have a litecoin because I see that the potential to survive and develops is very difficult, competition with new projects that are strongly financially supported makes Litecoin's position continues to decline, need new innovations so that people return to Litecoin.
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November 26, 2022, 07:06:20 AM
 #38

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?

Long time didn't have Litecoin anymor, since litecoin halving dates is near I guess it's a good choice to invest in litecoin again. My prediction we can hit new ATH when the halving is done and the bull market start to begin maybe that's around 2024 or end the year of 2023. Also that small fee is really good for litecoin to keep getting favourite.   
litecoin is an old altcoin, and until now it still survives following the rhythm of bitcoin, I think many people think the same about this altcoin, so the belief that it can still grow is very large. until now litecoin remains at the top of coinmarketcap, and its ranking can be stable, in general, so many people remain loyal, at a time like this I think it's the right time to invest, there have been 2 peaks that have occurred, and the next bullish season i think the $360 area will be broken and form a new ATH

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November 28, 2022, 02:38:47 PM
 #39

LTC is actually a pretty decent transaction coin, now more so with their available privacy feature rollout. The pump might correspond to privacy minded individuals that still want to be able to offramp unlike with Monero.
I wouldn't chase this pump in a bear market tho.









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November 28, 2022, 02:54:43 PM
 #40

Personally, I have doubts whether Litecoin will ever refer to its glory days again. Recognition and the fact that it will always be known as "second only to bitcoin" are in its favor. However, as a project, litecoin failed my expectations. There was a time when it could grab a large chunk of the crypto market by filling in the gaps left by Bitcoin. Currently, there is no shortage of competitors and there are many more dynamically developing projects. As an early adopter, however, I have a great fondness for old coins and I am glad that many of them still exist on the market, in a smaller or larger role.

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