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Author Topic: Is LTC dead?  (Read 377 times)
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April 14, 2024, 02:43:39 AM
 #21

There's just that not many development in litecoin that there's not that many to talk about and just because there's not a lot of people that are talking about litecoin doesn't mean that it's gone for good, got to remember that people are still invested in it so they can't just abandon that and they can't afford to do it with the lawsuits and the money that they're going to let go off, litecoin is here to stay whether you like it or not. Looking at their current price might not help but I'm sure that you can still invest in it and see yourself hodling with some hope that you'll be getting your money back, just don't put in too much into it because it's not as hot right now.



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April 14, 2024, 04:50:20 AM
 #22

Well Litecoin did lose alot of its profits now in this correction. It did lose more then 25% of the marketcap in just last 7 days. But it is still a token in my crypto portfolio it is not dead.
There is still fast transaction speeds for it. And the fees to send LTC is only just a few satoshis. There is double the transaction size on the network so it means whales moving coins.
https://www.fxempire.com/forecasts/article/litecoin-price-forecast-ltc-rebound-transactions-1422816

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April 14, 2024, 06:40:31 AM
 #23

Once, Litecoin was a very famous coin and it was called "Digital Silver".
But nowadays, very few people talk about Litecoin anymore.

Is Litecoin dead in your opinion?
Ranked 20th coin on CMC, how can you conclude that Litecoin is dead? If people are not talking about it that doesn't mean it is losing its big community. People still prefer using it for payments as it has good speed and fewer transaction fees. With the speculation of a Litecoin ETF getting approved, we recently saw a surge in its price also due to the short bull run. For now, it is one of the cryptocurrencies that should be on the list of any intelligent investors.

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April 14, 2024, 07:21:43 AM
 #24

I'm not a LiteCoin Investor fan because I haven't Invested in it for once but I'm aware that it has been playing a strong role holding in the AltCoins industry which some friends that's mostly Invested on.
Op, I can only tell that despite how popular some Coins maybe, they can still be functional and doing good in the crypto markets without showcasing its influences.
Actually, there had been numerous number of new project coins trending in the Crypto markets time after times and their overhyping sometimes subdues the influences of other coins. Maybe that'd be what the LiteCoin is far encountering and not basically that it's a dead coin.

You can as clearetour doubt out here that you can find Litecoin on trend in the Crypto coins market cap.

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April 14, 2024, 11:04:53 AM
 #25

Once, Litecoin was a very famous coin and it was called "Digital Silver".
But nowadays, very few people talk about Litecoin anymore.

Is Litecoin dead in your opinion?

No it might seem that not a lot of people are talking about it but it’s literally the next altcoin to be considered for etf after ethereum. The etf approval might not actually come until after a year or maybe years but the fact that it is being considered is huge enough as it is already. I think its investors can still gain profits from it albeit I am not one.

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April 14, 2024, 11:39:35 AM
 #26

It seems that:
BTC & ETH fees go up -> LTC price goes up.
BTC & ETH fees go down -> LTC price goes down.

Obviously not a 100% correlation but it just feels that way to me.

But anyway, looking at how many people use it and the volume it does not dead or even close to it.

It's just not "exciting" it does it's job so there is nothing to talk about so nobody talks about it.

-Dave

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April 14, 2024, 11:54:37 AM
 #27

Does it look like a dead coin to you?
I have only asked a question.
For me, Litecoin is still a coin to be considered because once it was very famous.
But it has lost fame recently, it is no doubt.
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April 14, 2024, 05:52:36 PM
 #28

It doesn't mean that when a certain coin is not being talked about, it's dead already but it's more like not relevant to the current trend or narrative that we have on the market. It's always about the narrative when it comes to being talked about.

You would consider it dead if there's no volume and no one is trading it anymore. It's not the case with LTC.
I wouldn't consider Litecoin, dead too, because it still has volume and people are still trading it, the issue is that it's just not trending right now, we have a lot of projects that are in the limelight in this road to bull run. Remember that sometime last year the same question was being asked about Solana, some where even speculating whether it's dead, but fast forward to now, it's the most talked about altcoin in the crypto space, so I believe that Litecoin dev. team can become innovative and restore it's lost glory. Litecoin, remains a top altcoin, as far as I'm concerned.

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April 14, 2024, 08:54:52 PM
 #29

It doesn't mean that when a certain coin is not being talked about, it's dead already but it's more like not relevant to the current trend or narrative that we have on the market. It's always about the narrative when it comes to being talked about.

You would consider it dead if there's no volume and no one is trading it anymore. It's not the case with LTC.
Yes that's right, it doesn't mean that a project is not talked about so they are claimed to be dead, if we use the network on Litecoin it can still be used, indicating that it is still alive, but indeed when no one is talking about it is normal because it doesn't have many project developments that match the discussion of the progress of the narrative in the cryptocurrency industry, it's just that in my opinion Litecoin lacks popularity because there are few demographics or adoption in terms of use casa the crypto hunters are not really looking at it.

This is the same as market performance in general, we see a definite trend that people will prefer to the field that has a trend at this time for their use.

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April 14, 2024, 10:58:18 PM
 #30

Despite bait-like question, i guess it's good for people to check that from time to time why people aren't talking about it. Litecoin serves a purpose as a testing groud for bitcoin tech, as architechture of it is similar. But it isn't really revolutionary or media sexy to create enough buzz.

Litecoin gets its moment in news when it spikes, but that's about it. I can't recommend it, mostly because i never understood why it would be worth something. It's basically another bitcoin. It had cheap transactions in the past so people were using it to transfer wealth between exchanges. But now we have faster and cheaper options, so to me it has run out of the purpose it was best at.

In theory i like the idea that it never raised any money via private sale or some crappy ico, and it has stayed honest to cryptocurrency ethos. But i just don't see enough shining future for it, and i wouldn't recommend it to friend.

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April 15, 2024, 12:08:58 AM
 #31

Once, Litecoin was a very famous coin and it was called "Digital Silver".
But nowadays, very few people talk about Litecoin anymore.

Is Litecoin dead in your opinion?
For me yes, as a forked of Bitcoin, Litecoin seems going to be dead or already dead. As you can see, there are already a lot of new altcoins that have other use cases compared to Litecoin which is a forked to Bitcoin and being used as an alternative for Bitcoin in most cases.

Even if you check in the the current price and all-time high, it's still around 80% from its all-time high compared to Bitcoin that already created new and other altcoins almost to create new all-time high.

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April 15, 2024, 06:24:01 AM
 #32

Once, Litecoin was a very famous coin and it was called "Digital Silver".
But nowadays, very few people talk about Litecoin anymore.

Is Litecoin dead in your opinion?
Far from it. It's heavily used as a low-cost transfer option and is commonly used by many. Furthermore, during every bull run, it performs very well. To be fair, compared to BTC, it actually has a realistic use case and is being used for it.
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April 15, 2024, 06:53:58 AM
 #33

Once, Litecoin was a very famous coin and it was called "Digital Silver".
But nowadays, very few people talk about Litecoin anymore.

Is Litecoin dead in your opinion?
Technically not dead because of the recent halving and the price update.
We can't conclude that LTC is dead because no one is talking about it, maybe some group are also focusing with LTC.
I still see a good position for LTC and despite of being not talked about, they are still working for their improvements and for sure they will continue to stay on top altcoins and many will still see the real value and worth of LTC.

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April 15, 2024, 07:01:39 AM
 #34

Once, Litecoin was a very famous coin and it was called "Digital Silver".
Not even reliable to be called as a digital silver anymore. It's slowly dying caused by it has no good volatility due to the lack of demand. Litecoin is still alive caused by historically, litecoin was an old coin and it's bitcoin fork coin.

But nowadays, very few people talk about Litecoin anymore.
There were many interesting tokens that offered us many advantages and utilities. Why should we talk about an old coin that has nothing to offer than being a payment system?

Is Litecoin dead in your opinion?
It's not yet dead but it's dying now.

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April 16, 2024, 04:56:40 PM
 #35

Litecoin is not dead yet, just that many people have found other coins that will going to give them what they want in the future, you can see that the price of Litecoin price still remain low and those that invested their money some years ago are still hodling their Litecoin for the price to reach $100 before they can manage sell to change another coin to invest their capital.

 Litecoin was my first coin I use to start investment because the coin was doing well in the past, before some coins started paying well more than Litecoin that made their customers to reduced till date.

If you want to invest, don't invest in Litecoin because you will not make a good profits from the investment because the team behind Litecoin these days don't have the capacity to make it happen again to make their customers to make profits like ETH customers.

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April 16, 2024, 08:29:38 PM
 #36

Litecoin is not dead yet, just that many people have found other coins that will going to give them what they want in the future, you can see that the price of Litecoin price still remain low and those that invested their money some years ago are still hodling their Litecoin for the price to reach $100 before they can manage sell to change another coin to invest their capital.

 Litecoin was my first coin I use to start investment because the coin was doing well in the past, before some coins started paying well more than Litecoin that made their customers to reduced till date.

If you want to invest, don't invest in Litecoin because you will not make a good profits from the investment because the team behind Litecoin these days don't have the capacity to make it happen again to make their customers to make profits like ETH customers.

Thank you so much for your information, but does it mean that litecoin doesn't have the potential to recover?

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April 16, 2024, 09:04:44 PM
 #37

Once, Litecoin was a very famous coin and it was called "Digital Silver".
But nowadays, very few people talk about Litecoin anymore.

Is Litecoin dead in your opinion?
For me litecoin is not dead, the thing is people doesn't like to invest in litecoin and I know quite well that litecoin by now suppose to have dominance over all the new coins that is new, so basically we don't need to be thinking that litecoin is dead, so litecoin is into existence, I'm seeing things that many people does not encouraging the litecoin or invest on it as they do reject its investment now.

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April 16, 2024, 09:11:16 PM
 #38

Once, Litecoin was a very famous coin and it was called "Digital Silver".
But nowadays, very few people talk about Litecoin anymore.

Is Litecoin dead in your opinion?
Really in even the last year bitcoin congratulations that occurred, many participants in signature campaigns were asked to use Litecoin wallet to receive their pay and after that rampant calling of the name and using the coins at that time, I didn't hear anything again. And since then till now you are the first person that made a thread.on Litecoin because really the name just die down in the forum but I believed even though people are not calling the name, the real project is still working actively. Probably people are not using it like before again.









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April 16, 2024, 09:46:24 PM
 #39

Once, Litecoin was a very famous coin and it was called "Digital Silver".
But nowadays, very few people talk about Litecoin anymore.

Is Litecoin dead in your opinion?

Lite coin is not being talked about or discussed as it use to be, this could be as a result of change in narratives in the crypto world. People have now found a new innovations that has changed the narratives of what litecoin could intercede for and are now making use of them. Litecoin is not dead, I still use them even if it is not often. It still works on the same narratives as it use to be and people still make use of them because they still have trading volume. Some will say they’re not dead but already dying which could be reasonable.

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April 17, 2024, 07:25:38 AM
 #40

Well now we are getting closer to the bitcoin halving in now a few days. And Litecoin does show us some signs up volatility around this.

There is on chain metrics that does support a big increase before the halving.  https://ambcrypto.com/making-the-case-for-litecoins-breakout-before-bitcoins-halving/
 

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