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Author Topic: What is future of litecoin?  (Read 5840 times)
xbit.in (OP)
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June 14, 2014, 10:46:54 AM
 #1

Hello All,

What is future of litecoin? Does its worth investing in it?
Currently is at $10, will it grow like btc and reach upto 400-500 USD after few years?
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June 14, 2014, 12:47:35 PM
 #2

Hello All,

What is future of litecoin? Does its worth investing in it?
Currently is at $10, will it grow like btc and reach upto 400-500 USD after few years?


Not much, no and no.

beatljuice
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June 14, 2014, 01:19:14 PM
 #3

I think alts will have a significant place in the future economy, but I think in the near future the focus has all gone to Bitcoin. Once Bitcoin has become mainstream it will pave the way for a significant number of alts to go mainstream also.

Litecoin is the "largest" alt-coin and has some small momentum left, but will it succeed? It's touted as the "silver" to Bitcoin's "gold" which certainly seems realistic with the current price difference compared to the tangible metals. But Litecoin also has very little to offer as an alternative except faster transaction times. Especialy now that it can be mined with ASICs. Psychology plays a lot into adoption though and the gold/silver thing has a significant draw to it so we'll have to wait and see. For now I think Bitcoin's a much more of a "sure thing" - though having a little something in some alts could be a good idea just to round things out.
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June 14, 2014, 01:21:36 PM
 #4

I think litecoin's spot as the Number 1 Alt could come under threat
Sorta been unable to carve out a distinctive identity for itself as something more than bitcoin-lite

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June 14, 2014, 01:31:36 PM
 #5

Hope you there?  Grin

Bro, Litecoin is a beautiful money, but development staff is very awful. They don't know what does it mean marketing !

Only people that is a very good developer is Charles Lee !

So, don't hope, Litecoin one day will drop down.

 
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alch1mista
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June 14, 2014, 01:32:59 PM
 #6

I'm pretty much sure that litecoin has nothing to give more than other alt-coins to the crypto-currency future scenario.

Doge, a PoS-coin or other currencies have much more reasons to gain the first place among altcoins.

Arguing that you don't care about the right to privacy because you have nothing to hide is no different than saying you don't care about free speech because you have nothing to say.
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June 14, 2014, 01:40:03 PM
 #7

Hello All,

What is future of litecoin? Does its worth investing in it?
Currently is at $10, will it grow like btc and reach upto 400-500 USD after few years?


Not much, no and no.

i agree, litecoin is pretty much useless.
bitgold
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June 14, 2014, 01:48:14 PM
 #8

I used to have high hope in ltc, have been disappointed since coble Lee left core dev team.

Warren doesn't seem to have much interest in improving Litecoin, he's more interested in becoming a bitcoin dev. No innovation coming out, many missed oppertunities.
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June 14, 2014, 01:49:10 PM
 #9

Litecoin will still have a high inflation rate for another 1.5 - 2 years, after that it may experience an April 2013 like bubble due to halving.

Sometimes, if it looks too bullish, it's actually bearish
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June 14, 2014, 02:48:14 PM
 #10

Unless Litecoin devs step up and develop it in to a coin that brings some good features to the table it has no chance against the 2.0 cryptos.
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June 14, 2014, 03:07:23 PM
 #11

LTC is not gonna make it. Their devs and community is asleep, nothing much going for it. it is kinda shame.








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Este Nuno
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June 14, 2014, 03:16:37 PM
 #12

LTC is not gonna make it. Their devs and community is asleep, nothing much going for it. it is kinda shame.

Isn't it a little crazy that a community behind a coin with a 300 million dollar market cap is content to just let it fade away and become a footnote in the history of cryptocurrency?

Has the Litecoin dev team done much over the years anyway? Does anyone have any links to show a timeline of upgrades or changes that they've made?
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June 14, 2014, 03:44:45 PM
 #13

I believe there is no future for litecoin or any other coin, beside I feel also no need for all these curriences.

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Gianluca95
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June 14, 2014, 03:46:33 PM
 #14

I believe there is no future for litecoin or any other coin, beside I feel also no need for all these curriences.

Yes, Bitcoin will remain the only money in circulation. Each other money also in little part copy bitcoin.

 
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nwfella
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Well hello there!


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June 14, 2014, 05:16:49 PM
 #15

Hello All,

What is future of litecoin? Does its worth investing in it?
Currently is at $10, will it grow like btc and reach upto 400-500 USD after few years?

Hard to say.  LTC price inexorably tied to price of bitcoin ATM so entirely depends on just how badly Fed SR coin selloff and 51% news affects the price.

Personally I'm still holding but am expecting to lose quite a bit of sleep over the next couple of months doing so.  Could seriously end up biting me in the arse though :/

¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿

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June 14, 2014, 05:23:13 PM
 #16

I asked myself the same question many times, and looking at the market data it just makes no sence..
Bitcoin goes up, btc/ltc pair goes down, bitcoin goes down , btc/ltc stays the same , and ltc/usd drops again.

there is NO development in litecoin, what so ever, thats why noone wants to buy it.
sad, but true
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June 14, 2014, 05:24:29 PM
 #17

Litecoin will still have a high inflation rate for another 1.5 - 2 years, after that it may experience an April 2013 like bubble due to halving.

That inflation rate is a bigger problem than Bitcoin's, because many miners of Litecoins instantly sell for Bitcoins or other alts.
I doubt there will be enough buyer to absorb that supply at current rates in the next two years.
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June 14, 2014, 05:26:32 PM
 #18

Litecoin has no usage and no unique feature.

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June 14, 2014, 05:28:41 PM
 #19

Litecoin has no usage and no unique feature.



Depends. It depends that Litecoin staff will assume a good marketing team. If it happens, there is a good probability that Litecoin will rise Smiley

 
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June 14, 2014, 05:29:06 PM
 #20

Not a bright one, some other coin with innovation will take the 2nd place.
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