Litecoin's comeback

[WillyAp]

I think Litecoin will take a lot more time to increase in value, especially since Litecoin is far from its past highs. Litecoin is pumping during Bitcoin's naturally bullish times.

Well how do you compile your data, litecoin climbs when bitcoin falls, at least since some time after halvening.
What litecoin lacks is marketing, some stepping out of the grassroots push which should come from their management @litecoinfoundation.
The community of litecoin should open up and write eBay, Stripe and Klarna countless emails demanding an inclusion of that particular coin.
The P2P role fits like a glove.

[d5000]

$115 is the real milestone, until there I expect more volatility, with rises and pullbacks. But then it could rise quite fast if we take into account what happened in past cycles.

Let's see how the 2021 bullrun happened:



The interesting thing here to observe is the behavior of the LTC/BTC price compared to LTC/USD. LTC/BTC was still decreasing when LTC/USD already rose sharply. This was the "trickle down" effect from Bitcoin down to most altcoins in most of the bull market. But then suddenly LTC/BTC takes off, leading to a much steeper increase in LTC/USD too. This spike happened in April/May 2021, which was a major "alt season".

LTC could be now in a situation like in January 2021: price is slowly rising, but still not in comparison with BTC. But in 2-3 months a similar spike could happen.

[Abiky]

Owning coins vs owning the hashrate. 2 different things.

We're not talking about PoS coins like ETH.

Of course not. I've never stated Bitcoin was a PoS coin. What I've meant is that big companies can acquire a large portion of the network's hashrate by establishing mining farms. They'll be limited to amount of money they can spend on ASIC hardware, though. As long neither institutions nor governments are able to influence miners' decisions on the Blockchain, there should be nothing to worry about.

PoW coins by far, are the most decentralized and censorship-resistant ones on the industry. You can see why "shitcoins" like ETH and SOL have been compromised by wealthy people (corporations. whales, exchanges, etc). That's why they'll eventually die (or become easier to regulate by the government) in the long run. With LTC now experiencing increased interest due to the spot ETF hype, we can expect market prices to go all the way to the moon. The comeback is inevitable. Hopefully, it will stay decentralized and censorship-resistant for generations.