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Author Topic: Litecoin and no downtime till now in 11 years  (Read 198 times)
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February 23, 2023, 03:11:36 AM
 #21

I believe Litecoin is a good coin to transfer value and perform payments, but I am not sure whether it is a good coin to hold in the long term. Still I am open-minded about the future of this coin which I have used in the past without problem.

one needs to wonder why this coin have managed to hold its relevance for so long with so much competence in the market from projects like Dash, Bitcoin Cash or Dogecoin.

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February 23, 2023, 04:44:40 AM
 #22

If a merchant is going to accept altcoins then Litecoin is a good choice. Transfers are fast and cheap and I don't remember the last time there was a major issue affecting the network. It is one of the most stable cryptocurrency networks. Litecoin tends to follow bitcoin's steps in development so it should be reliable and secure.

As an investment I am not that interested in Litecoin but I have used it in the past for making small payments and fees were high on BTC.

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February 23, 2023, 04:48:24 AM
 #23

Almost two years become Litecoin holder when investing price around $300 and right now little up above $96 before last years drop drastically under $50. I have big expectation with Litecoin and brave for investing there huge fund, but little disappointed with Litecoin price can't break above $100 and right now stuck under $95.

Stable price from Bitcoin and I hope have positive feedback for reaching up to all time high price, my expectation Litecoin can reach above $200 exactly I want to cut loss without much fund loss than have waiting more than two years later. Maybe in Binance have any interest with staking from Litecoin? seems better than holding only actually with higher price invested.

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February 23, 2023, 05:35:18 AM
 #24

It has been 11 years and Litecoin is still running like a champ. In these 11 years, it never went down. One of the biggest advantages for small merchants who want to accept payment in crypto. Many merchants prefer Bitcoin & Ethereum payment but Litecoin is also something merchants should consider accepting as a payment.

What do you think guys?

Litecoin was a coin that was highly regarded years ago but it has lost the attractiveness that it used to have to other altcoins.

Now it is still one of best coins we have but I do not see too much enthusiasm about it anymore, so it seems it is slowly losing influence and this is bad for litecoin, as in my experience when I buy something online dogecoin seems to be a more popular form of payment than litecoin at the moment and this means merchants are not in a rush to accept litecoin payments.

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February 23, 2023, 06:14:01 AM
 #25

It can sound strange but I still use Litecoin sometimes when I need to do quick transactions. Its mere existence to me is to use in transactions. I never bought and hold it. Anyways I think it lost its former glory in terms of popularity. It was seen like 2nd or 3rd best coin (or first or second best altcoin) in past. Now its barely at top 15. But I can do nothing other than thanking developers and supporters that we have altcoin option like Litecoin still in cryptoverse.
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February 23, 2023, 06:27:53 AM
 #26

What do you think guys?
Litecoin has been around for a long time in the crypto world, this coin has survived because it is still the choice for many traders to get profits by trading on this coin because the volume is quite high, but they have gone down in price and it has happened over and over again because it is impossible for the price will continue to be stable and up and also in popularity it has fallen replaced by several newer coins emerging from litecoin

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February 23, 2023, 10:27:45 AM
 #27

It can sound strange but I still use Litecoin sometimes when I need to do quick transactions. Its mere existence to me is to use in transactions. I never bought and hold it. Anyways I think it lost its former glory in terms of popularity. It was seen like 2nd or 3rd best coin (or first or second best altcoin) in past. Now its barely at top 15. But I can do nothing other than thanking developers and supporters that we have altcoin option like Litecoin still in cryptoverse.
I think the popularity of LightCoin in the crypto community has not gone away. It's just that more and more other coins appear every year and the market capitalization is shifting from old projects to new ones. But that doesn't affect the popularity of time-tested projects. Therefore, litecoin still has good prospects.

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February 23, 2023, 12:02:09 PM
 #28

It has been 11 years and Litecoin is still running like a champ. In these 11 years, it never went down. One of the biggest advantages for small merchants who want to accept payment in crypto. Many merchants prefer Bitcoin & Ethereum payment but Litecoin is also something merchants should consider accepting as a payment.

What do you think guys?

Is it? Post 2020 I don't see considerable growth in the Litecoin from all aspects and people prefer other coins which is more cheaper irrespective whether its centralized or decentralized lead the coin like LTC to die. Once it was considered to be the silver version of bitcoin and in top 10 market cap but where it os now?

I am not against LTC but the reality is LTC is dying gradually.









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February 23, 2023, 01:01:12 PM
 #29

It has been 11 years and Litecoin is still running like a champ. In these 11 years, it never went down. One of the biggest advantages for small merchants who want to accept payment in crypto. Many merchants prefer Bitcoin & Ethereum payment but Litecoin is also something merchants should consider accepting as a payment.

What do you think guys?


I always ask the payout in Litecoin whenever possible,from the casinos I like to play,from the websites I like to work online and many of them are offering it,it just makes me feel better because when I gamble I don't place like 0.0005 Bitcoin for a bet but 0.10 Litecoin which is the equivalent and it gives me a sense of complacent feeling.I think that a lot of people are starting to use this coin more especially gamblers as I have seen in the casino where I play the most,in slot machines they have an area of big wins and lucky wins which are the biggest wins people have made so far in these slots,the majority of them are with Litecoin.

For merchants it will be just a matter of time until they accept it but the most important ones as far as I know are already accepting it.

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February 23, 2023, 01:03:33 PM
 #30

I can't deny it. Litecoin is one of the best alts out there even though it is just a btc copy/paste coin. The reason is the high adoption. Almost every casino and exchange out there lists and accepts litecoin. People actually use ltc to pay for the stuff. It is probably more adopted than dogecoin even though dogecoin is far cheaper to transact with.

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February 23, 2023, 02:21:57 PM
 #31

It has been 11 years and Litecoin is still running like a champ. In these 11 years, it never went down.
Same with bitcoin, in fact they have never went down the top five. It does not change the fact that Litecoin has been an underdog for several years while it was supposed to be the Silver to bitcoin, while Ethereum quickly took that place and pushed it even below.

While stores might accept LTC, the community has been undergoing attrition. Unless some marketing starts which makes people buy LTC at an advantage it will remain in the same condition. The overall market movements have not been huge that someone might invest in LTC either. I think things will remain like this until someone in future does something to revive it.

All in all, I feel LTC is a good alternative if bitcoin fees become difficult to pay, which is a known advantage. Also it is a reputed currency so can act as collateral for P2P loans in bitcoin.

R


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February 23, 2023, 06:54:05 PM
 #32

It has been 11 years and Litecoin is still running like a champ. In these 11 years, it never went down. One of the biggest advantages for small merchants who want to accept payment in crypto. Many merchants prefer Bitcoin & Ethereum payment but Litecoin is also something merchants should consider accepting as a payment.

What do you think guys?

I was a fan of Litecoin, so i hold it for the long term but in the last year i sold all of my coins at 60$ (if i'm not wrong), but in this year it’s increasing day by day. I'm still using LTC to get a different type of services, it’s very fast transaction and low gas fee which is really appreciating, where you have to spend at least 1$ to withdraw any token from the market.

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February 23, 2023, 06:58:15 PM
 #33

People are sleeping on litecoin. I keep promoting it any chance I get, and I believe that it will be a good coin for another 10+ years, and people should invest even if a little bit into it, and yet people don't, I don't know why they don't do it or not, maybe because they do not really consider it a good investment or maybe they do not know how long it has been around or maybe just because it hasn't done anything that attracted hype and attention like a big development, but they don't show any interest to it somehow.

Looking at how great it is, I will always have just a bit of LTC in my portfolio, not like 20%+ or something, but even if it is just 5%, I will have some.

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February 23, 2023, 07:31:50 PM
 #34

It has been 11 years and Litecoin is still running like a champ. In these 11 years, it never went down. One of the biggest advantages for small merchants who want to accept payment in crypto. Many merchants prefer Bitcoin & Ethereum payment but Litecoin is also something merchants should consider accepting as a payment.

What do you think guys?


Obviously that is one of the good point about LTC. However, to make it retail player on the market, the team will have to play very smart and will have to put huge marketing efforts. Without proper marketing they can not go anywhere out of their comfort box they are having since 11 years. LTC is good for its network usage however it is stagnant and peeps are using it now and then for their quick transactions mostly in exchangers or p2p from wallets straight. However, I never heard any news where a merchant has sticky note about LTC accepted here. Perhaps it will confuse people a lot in the first place since they will never grasp it quickly and what LTC mean really? Unlike bitcoin which way popular than it. That's why they will have to invest on marketing of the same and have merchandise to promote it first.
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February 23, 2023, 07:45:14 PM
 #35

This is exactly why I am not selling my litecoin, and I won't. I emptied out my investments recently for donations, but aside from that I will always put aside %10 of my investment as litecoin, which is not really that much, I have 4 main coins that I invest into, bitcoin, ethereum, bnb and ltc. As you can see the first three is the top three coins, and litecoin is so far away from them, and yet I still consider it as the 4th biggest coin in my mind, all other top names could come and go, but litecoin has been around for 12 years and will stay for a while longer and be profitable without a doubt.

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February 24, 2023, 08:58:04 PM
 #36

Litecoin was a coin that was highly regarded years ago but it has lost the attractiveness that it used to have to other altcoins.

Now it is still one of best coins we have but I do not see too much enthusiasm about it anymore, so it seems it is slowly losing influence and this is bad for litecoin, as in my experience when I buy something online dogecoin seems to be a more popular form of payment than litecoin at the moment and this means merchants are not in a rush to accept litecoin payments.
It may not be as strong as it used to be, but the fact that even after 11 years it is still one of the best, that means that it is actually quite strong. Not being as strong as it used to be and not being strong is not the same, it may lost some power, but it is still one of the most powerful ones out there. I believe that when the next bull run hits, it is going to get into top 20 and even get close to top 15 again.

Because while some others could lose hype, litecoin does not run on hype, it runs on fundamental community that has been around for a long time, and it doesn't require people to pump it, people already like it as what it is currently.
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February 24, 2023, 10:56:56 PM
 #37

It has been 11 years and Litecoin is still running like a champ. In these 11 years, it never went down. One of the biggest advantages for small merchants who want to accept payment in crypto. Many merchants prefer Bitcoin & Ethereum payment but Litecoin is also something merchants should consider accepting as a payment.

What do you think guys?
I am thinking that Litecoin is way simpler then ETH for example and eth has been running smoothly since 2015. I mean hooray for LTC i guess for lasting 11 years but why would it even have downtime? It's nothing like sol etc. I don't think i can give too much credit for just staying up as that's quite essential for a cryptocurrency.

But just being alive for 11 years is a milestone that most alts don't have... yet.

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February 28, 2023, 06:25:46 AM
 #38

Well, LTC is a good coin for transactions. It's safe, fast, and cheap. And it was one of the first coins I got when I started using OWNR wallet. I even managed to get some profit from it at some point.
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