Could Litecoin Really Go Parabolic This Summer?

[blockman]

It probably have became less interesting when Charlie has left the project but bagged a lot of profits and the twist is that he have told it to the public that he has sold most of his holdings and then left it.

Even the creator knew that if his own coin will have no future. It becomes speculation purpose. i don't see any impact from the litecoin halving. Nothing change at all. People needs bitcoin rather than litecoin. even altcoins were dominating the market right now.

That's what likely it is, the halving won't be impacting a lot from its own economy. I guess even if big names will hype the halving of Litecoin, there's a little bit of increase but that's still not enough to retain the impact of it longer.
I like Litecoin as it is because of the cheap fee and I use it for quicker transfers but as an investment, I don't think that I'll lean into it even if we're approaching its halving and even the potential bull run.

Litecoin has lost its power. There's no further development happens.

I still believe its power as it has got a use case for transfers but not too optimistic for the projecting value that speculations is bringing in for it.

[tygeade]

It might get a short term surge but nothing serious. Nobody cares about Litecoin and nobody cares about its halving. It used to be important up until a few years ago but now its a as obsolete as every other altcoin.

A short term surge is better than no surge at all and it is not true that nobody cares about litecoin because why will the coin still exist then? There is this thread and there is also last time. There might be others outside the forum.

Some might be shy to post a thread but they are wondering if what will be the price of litecoin later on or after the halving. See? There are lot's of people who cares for this coin because it's an old and popular coin which has a great utility. It is like bitcoin too but with a much cheaper fee and a faster transacting time. A crypto coin's halving won't be there if it isn't important but its effect are mostly positive. At least, that is what I know.

[Iyeman]

I still believe its power as it has got a use case for transfers but not too optimistic for the projecting value that speculations is bringing in for it.

Any crypto can be used as transfer gateway. There's no even need to use litecoin anymore. Another coin like tron even stable coins were even offering very cheap and stable value unlike litecoin. it's done for litecoin.
It's still having fans due to the bitcoin. Litecoin will not survive without bitcoin.

[blockman]

I still believe its power as it has got a use case for transfers but not too optimistic for the projecting value that speculations is bringing in for it.

Any crypto can be used as transfer gateway. There's no even need to use litecoin anymore. Another coin like tron even stable coins were even offering very cheap and stable value unlike litecoin. it's done for litecoin.

It's different with a few crypto, Litecoin still has a great community and that's why it's still an excellent crypto to be used as a transfer.

It's still having fans due to the bitcoin. Litecoin will not survive without bitcoin.

This is for all crypto, they won't survive if there's no Bitcoin at all. That's why the market is lively and that's all thanks to Bitcoin and stable coins out there. And we do have our choices whether we'll take it from the community or not, if we think that this is no good as an investment that's fine because there are still some that think it is.

[sana54210]

I still believe its power as it has got a use case for transfers but not too optimistic for the projecting value that speculations is bringing in for it.

Any crypto can be used as transfer gateway. There's no even need to use litecoin anymore. Another coin like tron even stable coins were even offering very cheap and stable value unlike litecoin. it's done for litecoin.
It's still having fans due to the bitcoin. Litecoin will not survive without bitcoin.

I feel like even if not for transfer, for newer experiments, Litecoin is still quite good. It is managed in an agile sort of way which means that we are talking about a method that will quickly add in new features or make new fixes.

Before BNB or ETH or even BTC does something, it makes sense to first try it at LTC, if it works without issues for a while, it can be tested in other stuff and could be considered better. During the bull run LTC wasn't even in top 20, and now it is getting closer to top 10, why? Because it is solid and while all those overpumped projects start to go down more than the market average during the same period, we end up seeing other stuff get a lot bigger and better. I personally hope it gets a lot better in the end and we can see LTC in top 5 (aside from stable ones).

[Silberman]

I still believe its power as it has got a use case for transfers but not too optimistic for the projecting value that speculations is bringing in for it.

Any crypto can be used as transfer gateway. There's no even need to use litecoin anymore. Another coin like tron even stable coins were even offering very cheap and stable value unlike litecoin. it's done for litecoin.
It's still having fans due to the bitcoin. Litecoin will not survive without bitcoin.

To be fair what coin can survive without bitcoin? Bitcoin is the king of the market and we all know it, if for some reason it were to disappear there is very little doubt in my mind the majority of the coins we have in the market will disappear too, with a very high possibility that each one of them disappeared and this market just ceased to exist, now while litecoin has presented a good growth during the previous two weeks it seems to be to bold to assume it could go parabolic during the next months.

[judaspriest]

I personally dont have much hopes for coin like litecoin in which its existence is already too long to be having some rally out of thin air, but then again this still got some good trading volume for reason, so i guess there is always chance of it having some parabolic movement but honestly don't expect too much.

In 2023, we can't really hope for altcoins, including Litecoin, but we need to remember that halving will always have an impact on prices,
and Litecoin is currently really cheap according to technical analysis, and if we talk about LTC, the answer will go parabolic is yes!.
because after the halving is right in 2024-2025 and most likely the altcoin season will happen again, so why not buy LTC now and hold it for next year?.

[bitkanu]

maybe the halving is the only reason that lite coin could make some bullruns, but i think litecoin will just follow general trend honestly, it's altcoin after all and i very much doubt that it will stray from general trends even if halving is near, i honestly will think that it's not gonna be massive.

[kotajikikox]

I still believe its power as it has got a use case for transfers but not too optimistic for the projecting value that speculations is bringing in for it.

Any crypto can be used as transfer gateway. There's no even need to use litecoin anymore. Another coin like tron even stable coins were even offering very cheap and stable value unlike litecoin. it's done for litecoin.

It's different with a few crypto, Litecoin still has a great community and that's why it's still an excellent crypto to be used as a transfer.

It's still having fans due to the bitcoin. Litecoin will not survive without bitcoin.

This is for all crypto, they won't survive if there's no Bitcoin at all. That's why the market is lively and that's all thanks to Bitcoin and stable coins out there. And we do have our choices whether we'll take it from the community or not, if we think that this is no good as an investment that's fine because there are still some that think it is.

but what is great community when time will come that they will understand the need and demand ?  and also what is this great community ? or maybe some whales that keeps the hold to pretend it has a great community ?
remember in crypto there is always a blind sided things and this is to literally blinding people from reality.
what I do believe is Litecoin days are over and not sure if they will grow more in the future like what they had back in the years when it is still holding rank number 3.

[GreatArkansas]

Me, if Litecoin will just go parabolic, it will start anytime soon. Or Litecoin will wait for Bitcoin before the parabolic will commence. Because for me, I am looking forward Bitcoin to starting the run and everything will follow.
For me, the parabolic will start this year, especially for Litecoin, we all know Litecoin is always correlated with Bitcoin.

[nimogsm]

maybe the halving is the only reason that lite coin could make some bullruns, but i think litecoin will just follow general trend honestly, it's altcoin after all and i very much doubt that it will stray from general trends even if halving is near, i honestly will think that it's not gonna be massive.

The halving is going to be one of the highlights of the near future and if the halving effect doesn't work I'm afraid we're in for a worse scenario and it could very well be the end of this coin. At the moment, I do not see much interest among investors, both new and old, and there is not much time left, two months and that's it.

[davide72]

The next Litecoin halving event is coming in August, and that has investors excited about this coin's future upside potential.
  Seemingly out of nowhere, Litecoin (CRYPTO: LTC) is on the move again. The coin is up 13% over the past seven days after significantly underperforming the market for much of the year. Over that same period, both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are basically flat.
What are your thoughts on this litecoin resurgence?
https://www.google.com/url?q=https://www.fool.com/investing/2023/05/20/could-litecoin-really-go-parabolic-this-summer/&sa=U&ved=2ahUKEwjVkKLGwYf_AhWSh1wKHSZeA644ChDF9AF6BAgFEAI&usg=AOvVaw15_1gXfZa3YHxMgRUwxc7c

it certainly could however I would be very careful in the autumn, there could be a collapse of the btc and potentially all altcoins would be at risk including litecoins

[WalkerIVIV]

my concern is that, is this coin still have that much potential left for it to go parabolic, even though this coin have quite the trading volume, it was mainly because it's among the first coin
moreover this coin heavily dependent on bitcoin in term of its value, nowadays im just pessimistic with these old coins.

[merekamo]

Halving events, which reduce the reward paid to crypto miners for mining new blocks, are generally seen as bullish for the future price of cryptocurrencies due to their impact on the circulating supply. In the past, Litecoin has experienced significant price increases leading up to halving events. I don't think the halving event scheduled for August 3 has anything to do with the rise of litecoin.

Predicting the exact timing and magnitude of halving rallies is challenging, and relying on such short-term events may not be the best strategy for long-term investors. Despite improvements in Litecoin's underlying metrics, such as the number of addresses and daily active transactions, it is unclear whether this is a long-term catalyst or a short-term market anomaly.

[icalical]

Although maybe in the recent years altcoin has lost so much of its popularities, I think it will still get the share of Bitcoin bull-run if it actually happened in the near future. Litecoin is one of few top 20 coins that is still much dependent to Bitcoin. So, since Bitcoin is also about to have it's halving next year, combined with Litcoin's own halving it should at least has good impact on it's price, though maybe not so significant.

[lobo13hf]

Im not so sure in regards of this coin honestly, this coin hasn't been showing the growth quite well within these past few years.
but I think the halving events, i mean the rumour of it might help quite a bit in growing the price of this coin, even though i'm sure it's not gonna be spectacular, because many are preferring newer coins honestly.

[dansus021]

Litecoin is already big, news like halving always pump the price up and this coin has already been proven for the past decade already hit by a couple of bear market but still standing at the 10 positions.

In the other hand the The Motley Fool told us their dev community start to implementing LTC-20 similar to Ethereum if this happen this would be a great news like cardano did in last year 

[Iyeman]

I still believe its power as it has got a use case for transfers but not too optimistic for the projecting value that speculations is bringing in for it.

Any crypto can be used as transfer gateway. There's no even need to use litecoin anymore. Another coin like tron even stable coins were even offering very cheap and stable value unlike litecoin. it's done for litecoin.

It's different with a few crypto, Litecoin still has a great community and that's why it's still an excellent crypto to be used as a transfer.

It's still having fans due to the bitcoin. Litecoin will not survive without bitcoin.

This is for all crypto, they won't survive if there's no Bitcoin at all. That's why the market is lively and that's all thanks to Bitcoin and stable coins out there. And we do have our choices whether we'll take it from the community or not, if we think that this is no good as an investment that's fine because there are still some that think it is.

Where are litecoin community? I never heard it again since charlie has sold all of its stacks to the market. Not even further development happened with this coin. Litecoin has no intrinsic value other than being a speculation asset.

I don't even know why people still consider this as good investment. 

[Desscount]

Im not so sure in regards of this coin honestly, this coin hasn't been showing the growth quite well within these past few years.
but I think the halving events, i mean the rumour of it might help quite a bit in growing the price of this coin, even though i'm sure it's not gonna be spectacular, because many are preferring newer coins honestly.

be sure that the halving event can bring Litecoin to parabolic this year because the halving event will always bring the price towards a new ath,
it's just that Litecoin also has to breakout from $ 133 because the strongest resistance is there, if the breakout I'm sure new ATH for Litecoin can happen,
let's go support Litecoin by buying and holding this coin.

[riskarcher]

I am very optimistic that the Litecoin halving will have a positive effect on the market even though it is not as significant as the BTC halving, at least it will trigger other altcoins towards a bullrun, Litecoin will be truly parabolic this year. Every buyer already entry on Litecoin. Hopefully bullrun will begin at this year