LTC

ArtyHobo

We've already established that can't happen so long as at least one of CRO daily DCAer or LTC daily DCAer remain alive to maintain universal equilibrium.

MaeronTargaryen

The LTC guy will come out of the shadows to save us all

ersleid

Don't forget the guy buying a bit of LTC daily

Savagethrash

Overlooked right now? Litecoin and Monero 100% Both provide things Bitcoin doesn't and they both have good track records behind them unlike most of what has been released in the last 5 or 6 years. It's simple but they work as functional currencies and for the reasons that Satoshi intended. Monero implemented ring signatures like Satoshi discussed a long while back. Litecoin implemented mimblewimble as a way to provide security and fungibility to LTC. Both work. Personally I view monero as slightly riskier because of its implementation but both are being slept on (only by the big hedge funds that pump the shit out of junk coins, I think most informed heads already see the potential and are accumulating). Who knows though, wall street could pump and dump another shitcoin and everyone would claim it's the next sliced bread. There wouldn't be enough noise from those in the know to drown out the targeted media campaign. People have to learn on their own. Safe longterm hold? BTC LTC XMR. Eth was a premine at the end of the day so I can't really back it long term. Good for a PnD though.

Quistiswoo

How do you deal with the people who hate LTC?

ArtyHobo

That's pretty dang impressive DCAing hobo's dun evn member what $20 looks like, but do member when LTC was about tree fiddy

jj20051

LTC, but that shouldn't be a shock to anyone xD

jj20051

[I've completed my daily purchase of LTC](https://docs.google.com/spreadsheets/d/16bzUnGeE9orCoe5g35xsWNTXAXNuAygUJJKzxmIjWR8/edit?usp=sharing). I'm on a journey to buy at least [$20 a day every day](https://np.reddit.com/r/LitecoinMarkets/comments/ukto93/comment/i7vn88c/?utm_source=share&utm_medium=web2x&context=3). Today I bought 0.4 LTC. This is my 147th day of purchasing in a row; 306 days remain until halving. Hope you all have a wonderful weekend!

ll_TheBrave_ll

LTC

night_crawlers

Just look at Canada, BTC, BCH, ETH, and LTC.

Baecchus

If Andre is out, so am I. Not gonna be left holding the bag like LTC.

palmwinepapito

Haha this is the one I stacked up on before the last bull run cause I felt eth and bth were too expensive (relative to that moment) and that was the only one that was a dud… so I agree not LTC lol

RobCali509

That certainly wouldn't hurt LTC at all.

Master_Ad_9083

Privacy matters, there’s a decent chance once mimblewimble wallets are available LTC could gain some serious value… I just don’t get why without it you’d transfer P2P and risk exposing your balance and financial history - surely it’s obvious that crypto can’t achieve adoption without a decent level of obsfucation.

Coreyv1993

Bit off topic but it’s nice to see the LTC community going strong. Think it was like 4th or 5th in the top ten when I first got into crypto. Was hoped to be the silver to bitcoins gold.

coinfeeds-bot

tldr; Telefonica has partnered with Bit2Me to allow clients to pay for services in digital assets. The Spanish telecom company will allow customers to settle bills in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), USDC (USDC), and other coins. Vueling, the country's largest airline, will allow passengers to pay in Bitcoin and other cryptocurrencies from January 2023. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

Lillica_Golden_SHIB

TL;DR: Telefonica teamed up with Bit2Me to enable settlements in Bitcoin (BTC), Ether (ETH), Litecoin (LTC), USDC, and other coins.

trrrring

LRC and LTC out of the top 20, PRO and QNT entered

angoisses

Buy LTC or BNB (BSC) and exchange them for ATOM or ALGO with SwapSwop

angoisses

Buy LTC or BNB (BSC) wherever you want and exchange it for XRP with SwapSwop

ll_TheBrave_ll

XMR is a solid choice. I think LTC will become appealing to XMR users when they want to use a crypto that isn’t heavily regulated in most countries, but still want a certain level of privacy in their transactions (and yes, I know there’s the whole debate of whether or not partial privacy is privacy at all).

SakuraNinja12

I've kinda just been using XMR as my currency coin of choice. I think LTC is fairly decent though, and I doubt it's going anywhere since it's been around for so long

ibraw

LTC will always be around. It's not going anywhere.

Inaeipathy

I don't see what the point is in buying LTC

shin_jury

My favorite month is here! 🎃 Made my monthly DCA purchases again 30% BTC 30% ETH 20% LTC 20% XMR

cryotosensei

LTC: BTC’s lesser cousin

Wonzky

Good ol LTC still hanging in there, truly one of the OGs

lj26ft

Big doubt, when BTC core forks to add a tail emission to BTC to subsidize miners. LTC will have its day.

lj26ft

LTC will be around forever. It's one of the most widely distributed crypto. It has a lot of exchange infrastructure because it's been in the market so long.

SakuraNinja12

I have to be honest, I really do admire your conviction. Assuming LTC will be around during the next bullrun, I think you will be rewarded well :)

jj20051

[I've completed my daily purchase of LTC](https://docs.google.com/spreadsheets/d/16bzUnGeE9orCoe5g35xsWNTXAXNuAygUJJKzxmIjWR8/edit?usp=sharing). I'm on a journey to buy at least [$20 a day every day](https://np.reddit.com/r/LitecoinMarkets/comments/ukto93/comment/i7vn88c/?utm_source=share&utm_medium=web2x&context=3). Today I bought 0.4 LTC. This is my 143rd day of purchasing in a row; 310 days remain until halving. LTC doing pushups preparing for the big race.

amazingRay763

LTC deserves a mention. It only lagged behind recently.

return132

LTC 2018 £315 LTC 2021 £294 it’s a currency thing, had to explain it because I doubt you’d figure it out.

CandidateNrOne

LTC :2017:358/2021:about370. 🙈

lj26ft

It's because of the exchange infrastructure. LTC is one of the most widely distributed crypto because it's been around so long. It has more exchanges for money to flow through. Same for XRP but it'll have more than anything by a very large margin when it's relisted

queiss_

Because it's one of the few cryptos that are actually useful. I personally have only ever uset LTC and XMR for real world uses.

Lillica_Golden_SHIB

BTC and ETH are the permanent long-runners. Some others are quite promising, but still need a longer track record. LTC is one of my favorites, great for payments and transfers

zenxro

LTC was the second cryptocurrency created, i guess it went down, because the media doesnt talk about litecoin too much as XRP and others.

SleepyEngineer314

I'm all in on LTC and run asicc miners. Absolutely not obsolete. If anything it's undervalued.

WyrdNine

LTC is sometimes good for moving coins around with low fees. Popular enough to be listed pretty much everywhere.

skyhermit

Exactly. Cheaper to send LTC compared to BTC

Antique_Veterinarian

“Will BCH, LTC, IOTA, Dash or NEM holders ever see these numbers again?” LTC holders already did last year.

FreshForm4250

> Personally I still use litecoin to pay for my Spotify and to gamble sometimes, but that's it, 2 transactions a month. I've seen many coins that are faster and with lower fees that litecoin feels obsolete and I don't really see a use for it in 5 years. I've been off the crypto world for the past year, last time I bought some was on the 'Mimblewimble' uptade wich improved it scalability and privacy but I don't see people using LTC for privacy as they use XMR and scalability I am one

throwaway1177171728

Yes, but there is a big difference between those and LTC. Those other lesser technologies, like VHS, had adoption and demand. Not only is LTC not one of the biggest, it's actually falling further and further behind in demand. LTC needs a catalyst for growth this late in the game. Without one, it means people are just hoping everyone just wakes up and decides to use LTC tomorrow. Which they won't. They're no reason at all to move to LTC.

TheDoge420

any reason to use LTC instead of ETH when taking/transferring profits: i made some gains on LUNC traded for ETH(wrapped) via dapp sushiswap on coinbase wallet, then i can send ETH (wrapped) back to coinbase exchange and cash out profits, would LTC be better in this situation

ColonizeVenus

I use LTC for most of my exchange trasnfer. If the market is too volatile then I use DAI, but Litecoin is my most used crypto for actual transactions. LTC is the crypto I have the most affection for.

CointestAdmin

#Litecoin Con-Arguments Below is an argument written by metnavman which won 1st place in the Litecoin Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > *Full Disclosure* > > *I sold my position in LTC this year during the last run-up to the ~$300s. Prior to that, I'd held a triple-digit position in LTC since ~2013. I did make money from this coin. That is only because of my time in the market, and not any particular strength of the coin in question. Truth be told, I'd have made more money being in other positions, so it is irrelevant. Perhaps I'll regret it one day. Perhaps not.* > > *I have been banned from various LTC-related subreddits for my opinions, prior to ever making this post.* > >   > > * The technology behind LTC is old. It is tried and tested, but it is old. While that's not inherently a bad thing for many applications, it's not a quality I would consider "strong" in a space where new technologies have vastly out-paced the capabilities of this coin. > > * LTC has the similar advantage that BTC has of being an early mover. As one of the first few coins in existence, it's been capable of catapulting itself into some pretty big places. Problem is, the coin hasn't really *done* anything with that. Mind you, I'm not saying that it hasn't had development, or that it hasn't seen improvements come along. I'm saying that it seems to have more or less reached the limits of it's capabilities as a PoW coin, from a technical standpoint and an investment standpoint. Specifically as a less-valuable version of BTC, and more recently, left in the dirt by DOGE. It unclear whether or not it will recover. It did [have this](https://news.bitcoin.com/grayscale-adds-174000-ltc-to-its-litecoin-holdings-price-of-the-altcoin-unresponsive/) and [this](https://www.theverge.com/2021/3/30/22357246/paypal-buy-with-bitcoin-litecoin-ethereum-crypto-checkout) happen recently, but so far, from a price increase/positive outlook standpoint, it's kinda [felt like this.](https://imgflip.com/i/5b3zj1) > > * [There are better coins for speed](https://www.stellar.org/?locale=en). [There are better coins for transaction fees](https://medium.com/nanocurrency/cryptocurrency-fee-comparison-which-crypto-has-the-lowest-fees-4e9118590e1f). [There are better coins to make money trading on](https://coinmarketcap.com/historical/), depending on [your level of risk](https://www.analyticsinsight.net/top-10-highest-growing-cryptocurrencies-in-2021/). There are better coins for storing value, namely the one worth the most. The only time that statement would change is if you were *already invested in LTC from years back*. Tl;Dr - **There are better coins**. The problem with this conversation is that it stops being about the technology behind the coin, and that makes it difficult to speak to the Pros and Cons without talking to the other aspects, which is discouraged within the guidelines of this case study. We drift into less technical merits and more psychological aspects/money-driven reasons: people who stand to lose money in their investment/not see the coin grow further and do not want that to happen. > >   > > ==*The rest of this will lean in the opposite direction of the guidelines set forth for this argument. Past this point, you're entirely in the realm of my opinion/experience as a crypto holder/trader since the early 2010s. Do your own research.*== > >   > > * Litecoin gives off that MySpace feel these days. It gives off that "my grandma still has an AOL account" vibe. If you frequent the large melting pot subs for crypto, you'll find LTC is largely dismissed or bemoaned as that "red-headed stepchild of BTC". It's boring. It doesn't do much. That said, what it **does** do, it's pretty good at. Not great, but good *enough*. For some institutions and use-cases, that's perfectly fine. > > * You will consistently hear people who are in favor of LTC tell you that the age is a "feature" and that institutional money wants "stability" in their investments. While I disagree with those arguments, institutional money should be meaningless when trying to create a truly decentralized currency that anyone can use for anything, I understand where those folks are coming from. They're in this game to make money, which is what most everyone is in this game for, and likely what folks reading these arguments are looking for. > > * At the time of this writing, LTC has slipped to #15 for total market cap. I mention that because it once held the #3 spot [(#2 lost and never regained to ETH shortly after ETH arrived on-scene)](https://www.youtube.com/watch?v=1BCadb6SPNQ). It's slowly decayed from those top positions as time has gone on. That's not *inherently* a problem, as many coins far lower on the list have great use-cases and bear markets always shuffle things up. However, it creates a very serious problem: negative perception. > > * Remember what I said earlier: psychological. People don't like betting on the loser. People like to see their choices succeed, and again, at the end of the day, the vast majority of people in this space are lookin' to make some scratch. LTC is a hard sell for that. This past 2021 run, [you had a brief 7-day window](https://ycharts.com/indicators/litecoin_price) to potentially cash out your position around $350-$380. 11 days above $300. A nice 10x if you'd been betting on LTC [since it was ~$20-$30 back in 2017 or Dec 2018-Jan 2019](https://cointelegraph.com/ltc-price-index), but nothing like the gains that many other projects have seen since then (and only if you sold and didn't "hodl"). The markets have since taken a **massive** hit in late May 2021, and LTC dropped even lower ($184 as of 26 May, but crypto be like that). > > * If you google LTC, you'll see a bunch of predictions about how the coin is "bound for 10k" and it's "always a solid investment". It's actually a meme on some of the LTC-specific subreddits that LTC is always "2 weeks away" from that next big break. In my humble opinion, that break has come and gone. Those of us who put money into the coin at $3 have seen 100x on our returns. The coin has been in the media since 2017, and is one of the few coins that has been shown in major news outlets alongside BTC and ETH. This isn't **new** news though. These developments have done nothing to catapult the coin to some mythical new height that it's "destined" to reach. In stock-lingo, one could consider these developments to already be *priced in*. > > * [There's good things to say about the coin](https://beincrypto.com/litecoin-completes-mimblewimble-code-ltc-scaling-privacy/), but this isn't that sort of movie. I personally don't think those good things out-weigh the bad, and the entire thing comes full-circle to the crux of these arguments: LTC's technology is not on par with what the modern crypto-space has to offer, and LTC is not going to make money in significant amounts for the new investor compared to other projects in the space. I'd challenge someone interested in becoming a new investor in LTC to ask other holders when they entered. Good money says the vast majority are still holding from the 2017-2018 hype, just hoping for a chance to either get back to green, or maybe see some new gains. Sure, there's whales and "old money", but they're the ones with the vested interest in keeping LTC afloat. No one wants to see their nest egg dry up, and like I said, there *are* uses for the coin... I guess... [Go read the "Pro" argument section.](https://old.reddit.com/r/CryptoCurrency/comments/n5ugij/pro_contest_litecoin_proarguments/) > > * Just reading the linked articles, you can see incorrect/outdated information, price inconsistencies, hell, even the authors don't understand what "code complete" means for MWEB. Some of them [think it's already online for current use](https://anycoindirect.eu\/en/blog/mimblewimble-litecoin-s-vision-on-privacy)(it's not, as of 26 May). Cryptocurrency is volatile as HECK! > >   > > **I could be 100% wrong. LTC could go to 1k this year. It could go to 10k in '24-'25. It might not. At this point though, what makes it any more likely to "moon" than other projects within the space? What does LTC offer that other coins don't already do and do better, aside from "already got an old, wrinkly leg in the door?"** *Take that as you will.* ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/ovmtst/rcc_cointest_coin_inquiries_litecoin_conarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Litecoin) to find arguments on this topic in other rounds. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/xo380x/daily_general_discussion_september_26_2022_gmt0/).

CointestAdmin

#Litecoin Pro-Arguments Below is an argument written by roberthonker which won 3rd place in the Litecoin Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > **Taken from u\/frogsdobecool's submission from last round** > > # LTC, the pros! > > * LTC was built very early on in the blockchain technologies, it was made to be literally bitcoin lite, something to be used more as a currency than a store of value > * Litecoin has faster transaction speeds, the verification of a transaction completely takes up to 9 minutes for bitcoin, and 2 minutes for ltc [source](https://www.investopedia.com/articles/investing/042015/bitcoin-vs-litecoin-whats-difference.asp) > * Litecoin also was the first to adopt the lightning network, it's not just a bitcoin thing, lightning was an amazing test for ltc that actually allowed for bitcoin later on to adopt it! the first transaction sent on the network took about 1 second. > * Litecoin uses the proof of work algorithm that has proven time and time again to be efficient in adding a layer of security and decentralization > * With this proof of work algorithm, litecoin does follow halvings every 4\~ or so years. > * litecoin uses an updated and better proof of work algorithm called Scrypt. this is the reason many people call ltc more secure and decentralized than btc. > * about 84 million LTC will ever be mined, which means the value of ltc won't stay around $50-$400 forever, roughly about every halving it should double. \*theoretically. No more ltc will be mined then. > * Litecoin actually may be more decentralized than bitcoin! not only from its proof of work algorithm though > * Litecoin is open-source, and developed on to this day. With that noted, mimble wimble, a new update for ltc is set to be finished at the end of 2021, it focuses on privacy and scaling.... one issue, LTC has ran out of code auditors to confirm the usefulness of the new update. I guess it's fair a 10-year-old industry has a lack of specific coders.. > > litecoin despite its hate recently still is very important to today's usage of crypto. And with its newest update focusing on security, privacy, and scaling your money will be safe with ltc. ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/ovmtt5/rcc_cointest_coin_inquiries_litecoin_proarguments/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Litecoin) to find arguments on this topic in other rounds.

CryptoLoser-XXL

I have the idea that LTC is dying in extreme slowmotion. It's very slowly losing terrain and purpose to other coins.

CointestAdmin

#Dogecoin Pro-Arguments Below is an argument written by roberthonker which won 2nd place in the Dogecoin Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > (initially put forward by u\/Adventurous_Piglet85) > > (Put forward by u\/meteor-vs-lizardking last round) > > Dogecoin’s success is explained through pure economic and mathematical fundamentals. > > The important thing to note is these fundamentals apply regardless of the name, regardless of it being a meme, regardless of why it was created, and regardless of which billionaires support it > > I am going to cover two topics today > > A) What makes a currency successful > > B) What makes a Cryptocurrency successful > > What makes a currency successful? > > 1. a large supply relative to the user base > 2. An inflationary tendency that allows for lost or destroyed currency. note - inflation and hyperinflation are completely different. Regular inflation - between 1-10% is healthy - whereas anything over 20% is considered detrimental) > 3. cheap, available and easily transactable (the economic term for this is liquidity) > 4. Popular enough. What I mean by this is either enough businesses actually transacting the currency or a user base that barters with each other. > > What makes a cryptocurrency successful? > > 5. dedicated user base either mining or staking the cryptocurrency. This allows the the blocks on the blockchain to be solved - and therefore maintain the transactions. > > 6. an active development team - what this means is that while it doesn’t necessarily have to be the BEST technology or development - it does need to have at least some development to maintain the Cryptocurrencies longevity > > Now - there are definitely other defining factors that contribute to a cryptocurrencies success. However, these are the primary fundamental criteria for a cryptocurrency or currency to be successful. > > If any of these 6 criteria are not met - the cryptocurrency/currency will fail OR not be nearly as successful as it could be. If it meets these criteria- then it is successful. Regardless of it’s price per coin. Anything else after this is just bells and whistles. This is the bare minimum requirements. > > Well how does Dogecoin cryptocurrency hold up? > > 1. Does Dogecoin. have a high supply relative to the user base? Yes. It has a 128 billion dollar supply. This allows the people owning this crypto to own large amounts. The high supply helps maintain liquidity and promote spending rather than hoarding. > 2. Does Dogecoin have an inflationary tendency? Yes, it has a fixed rate of 10,000 new coins added per minute - which equates to roughly 4% inflation per year. (This falls within the range of healthy inflation) Since this rate is fixed, over time the inflation rate lowers. This inflation rate is negligible to affecting the price per coin > 3. Is Dogecoin cheap, available and easily transactable? Yes. It has a transaction(gas) fee of 1 coin per transaction. It cheap - and readily available > 4. Is Dogecoin popular/used by the majority of the user base? Yes. This it is currently in the top 99.99% of used cryptocurrency. Dogecoin is accepted by restaurants, car dealerships,sporting teams, as well as thousands of other small businesses. > 5. Does Dogecoin have a dedicated user base mining the cryptocurrency? Yes, even though it is merged mined with LTC - it has a dedicated group of people mining the coin. They have been maintaining the blockchain for over 8 years, and the block reward of 10,000 coins per block is a great incentive to continue mining in the future. > 6. Does Dogecoin have an active development team? Yes. Contrary to the misconceptions. Dose Dogecoin have an active development team. Are the top of the line developers like other cryptocurrency like ETH? Not necessarily, but it does indeed have a development team working behind the scenes to ensure its success. > > As you can see, based on the minimum requirements of what makes a cryptocurrency and currency successful- you can see without a doubt why this cryptocurrency has survived as long as it has. > > To further show more evidence here 10 additional points for why Dogecoin is successful > > 1. Dogecoin has an 8 year track record of success - even if the price hasn’t necessarily shown it until recently. Dogecoin has survived every major Cryptocurrency bear market and will survive the next. > 2. The myth behind Dogecoin having an unlimited supply is just that, a myth. Dogecoin is not unlimited it has 128 billion dollar supply and 4% Inflation rate > 3. All POW and POS cryptocurrency are also inflationary. Cryptocurrency is inherently inflationary and that is a good thing. Inflation is negligible when under 20% > 4. Dogecoin’s price is not dependent upon Elon musk or Mark Cuban. The price rise has been evident for approximately 8 months. Elon and Mark just sped up a process that was already happening > 5. ⁠Dogecoin still have plenty of room to gain price, but due to the relatively high supply don’t expect bitcoin levels per coin. Realistically Dogecoin can reach between the $1-$10 range. > 6. ⁠Dogecoin is accepted by more businesses than 99.9% of other cryptocurrency > 7. Dogecoin’s mining reward of 10k per block is a great reward for mining and helps to ensure that the cryptocurrency will continue to survive > 8. Dogecoin has cheap transaction fees and has a very good utility at Cryptocurrencies intended purpose of exchanging goods. > 9. The economic fundamentals behind Dogecoin are sound and great for its intended purpose of being a currency > 10. The meme aspect of Dogecoin has absolutely zero impact of the functionality of the cryptocurrency > > Almost every single argument against Dogecoin has one of the following flaws > > a) lack of understand of economics - misconceptions about the supply, mining rate, and inflation and how none of these are actual issues > > b) not understanding that the meme aspect has nothing to do with the fundamentals of the cryptocurrency > > c) lack of actual research - just repeating information they heard from someone else on the internet ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/pz2r9u\/rcc_cointest_top_10_dogecoin_proarguments_october/) to be taken to the original topic-thread or you can scan through the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Dogecoin) to find arguments on this topic in other rounds.

snakesbbq

[https://bitpay.com/stats](https://bitpay.com/stats) LTC is the 2nd most used crypto after BTC on Bitpay. Usage is increasing monthly and the number of new wallet addresses is increasing faster than BTC and ETH. LTC has had 100% uptime for 11 years, better than even BTC. So no it is not obsolete, LTC is rock solid.

mybed54

Kaspa does everything better than LTC

ll_TheBrave_ll

Wow, someone trying to rebuttal without using any evidence to back up their claims….shocking lmao. To be fair though, I should detail why I said what I said, so here’s why Litecoin is the most credible: LTC has the longest continuous uptime of any crypto (yes, even more than BTC). The most impressive part of that longevity is that it started the moment LTC went live. Yep, 100% network uptime for almost 11 years. That commands credibility. When people look to using a crypto’s network, Litecoin should be at the forefront of their list. The reason why it should be the most valuable in theory is because well, It’s essentially Bitcoin (the current number 1), but better in almost every way. That means it should be more valuable in a rational market (which crypto isn’t). In terms of security, yes, Bitcoin has larger hashrate, but if you actually researched Litecoin mining, you’d come to the conclusion that it’s almost as difficult to hack as Bitcoin. The reason I say it’s the most secure is because of the network uptime on top of the difficulty. Bitcoin has gone down before and that should not be forgotten even though the likelihood of it getting hacked now is minimal.

dynamicallysteadfast

Cheaper than BTC? Lightning network Faster? Lightning network Privacy? Monero Testnet? Not something that gives it value Yes, it's obsolete. Do yourself a favour, invest in something else. But then again, this is crypto and it might pump like mad one day. But there are plenty of horses. Why tie yourself to this one? All reasons to buy LTC have crumbled, imo.

Confident_Ad4479

I DCA on LTC, I consider it to be a blue chip when it comes to crypto.

Aheuhue

I hold 1 LTC bought for cheap as a kind of canary in a coal mine. Helps quite a bit with dumbing the market down and evaluating alts in general vs bitcoin and eth

lordsamadhi

Bitcoin with Lightning makes LTC obsolete.

No-Mission-962

I am pretty sure my BTC stack and Litecoin (LTC) stack will make a new ATH, given enough time.

MoneroMoonbase

Since when is LTC a privacy coin?

avandrim

LTC is a bet there can be internet money which is more liberal than bitcoin for a little less safety. Actually it's more solid bet than 99% of crypto.

Remootion

LTC is one of those reliable coins that doesn't really moon or dump, imo. I typically use it to transfer between wallets since its fairly quick and fees are low.

YellowVeloFeline

What are some new coins you think are better than LTC?

Bugatti99

What's the opposite of obsolete? Litecoin's use case has grown in the payments space. This year Bitcoin has lost market share and LTC is booming. 'Litecoin ($LTC) rose from 14% in March to 22% in July on BitPay.' [https://bitcoinist.com/bitpay-confirms-bitcoin-most-used-crypto/](https://bitcoinist.com/bitpay-confirms-bitcoin-most-used-crypto/) You might not use it, but the world begs to differ.

Cat_Poster

Sad agree. There was a time when I thought LTC coul soar but no longer....

Master_Ad_9083

Not obsolete in the slightest, just not as shouty as those with ‘centralised’ budgets. Addresses continue to grow x150m, it is protected in China, has no pre-mine and so is Gensler proof. Mimblewimble hasn’t reached wallets yet but is growing faster than lightening (which LTC also has). It also has the least downtime of any crypto, 2nd on Bitpay… Antpool donations for development, the list goes on. Loads of good articles https://www.lookintolitecoin.com/ Perhaps that site is overly bullish but it’s worth getting a cup of coffee and reading through if you think LTC is dead, it may convince you otherwise 🐣

Warrlock608

This is my take on LTC. I still use it if I need to move money around because it is reliable, cheap to use, and supported by basically all exchanges. It has survived crypto winters and has never let me down.

chuck_portis

So from your top 10: BCH, IOTA, DASH, NEM are probably cooked. They are #3, 7, 8, 9. The others are all still quite relevant. Also, LTC flirted with its 2017 high this bull run. It remained relevant, although far from a top story. I'd say the best strategy is probably similar to S&P500. Buy a market-weighted index. Even better if it's dynamic like S&P500 and auto-adjusts. That way you'll always catch the new trends and ditch the stuff that's fading out. Crypto top 25 is probably what you'd want.

Strict_Ad_2416

LTC is indeed obsolete.

Shibinator

How come BCH was described as "will never rise again", but not LTC? Or IOTA or DASH (both of which it is outperforming)? > Remind me, BCH is how many % off its ATH right now? A lot.But if your criteria is "% off ATH = quality of coin", you're a degenerate gambler not someone informed about cryptocurrency, and you will find that almost every coin in the market is performing poorly right now.

sickvisionz

If it can catch on for privacy, it could have a bright future. With it's market cap and volume, it would be (is?) the #1 privacy token. LTC is one of those *BTC dream tokens* where all it does is basically what BTC does. Years have passed though. USD stablecoins on low-cost high speed chains function much better as a currency and store of value (outside of the US at least) than BTC and stuff like it ever will. In terms of being a speculative asset, other stuff will with actual use cases and functionality will outpace LTC imo even if LTC hits new ATHs every cycle.

BridgeM00se

Going all in on LTC

jj20051

[I've completed my daily purchase of LTC](https://docs.google.com/spreadsheets/d/16bzUnGeE9orCoe5g35xsWNTXAXNuAygUJJKzxmIjWR8/edit?usp=sharing). I'm on a journey to buy at least [$20 a day every day](https://np.reddit.com/r/LitecoinMarkets/comments/ukto93/comment/i7vn88c/?utm_source=share&utm_medium=web2x&context=3). Today I bought 0.4 LTC. This is my 142nd day of purchasing in a row; 311 days remain until halving. Quiet Monday, feel like we're either in or approaching peak fear where no one wants to invest in anything.

ll_TheBrave_ll

No, LTC is no more obsolete than BTC, ETH, DOGE, XMR, XRP, or any other coin above it in market cap. LTC can essentially do whatever those other coins can do if developers wanted to make it much more centralized. The reason you buy, hold and utilize LTC is because it is credible. In fact; it’s the most credible crypto. The single most important factor for utilizing crypto is network security. Litecoin is technically the most secure. Governments, businesses and citizens have already shown that Litecoin is one of the most legitimate coins. You can’t buy credibility. It has to be earned. Litecoin should in theory be regarded as the most valuable crypto, but morons don’t do any research and would rather gamble on a scam or Ponzi scheme because others told them it will “gO tO tHe MoOn.” I’ve come to the realization that most people want their cryptos to be run like businesses with shares or stocks instead of a store of value or currency.

Okan1991

If he was one of the first miners, he received 50 LTC as rewards at the beginning. Of course the number of rewards went down after the halvings. I don't know how many coins he mined or how long he did it, but I think he did the right thing (which WAS HIS RIGHT!!). He's also developing LTC and that shows me he wasn't just out for money. If he weren't developing LTC anymore, things would look very different.

Kancho_Ninja

> even if the tech is sooo outdated. What? LTC keeps innovating, and other coins keep adopting or copying and modifying the tech.

SquatDeadliftBench

You just said you use it for two things. 99.9999% of other projects have 0 use cases. The fact that LTC has at least 2 makes it the opposite of obsolete.

Baecchus

It's very basic and what LTC does something always does better with more to offer. Why should I care about flip phone tech where the founder sold his stack and got out?

sexy_masky

LTC ain't going anywhere, not to the moon nor to the grave.

gaspergou

LTC doesn’t have the appeal of low cap tokens claiming to be the next big thing. When people stop looking at crypto as a get rich quick scheme, they’ll start focusing fundamentals. LTC is one of the most reliable coins out there. It’s been around the block, and has proven itself to be one of the best options for a no-frills digital currency. It’s not sexy, but it’s rock solid.

Kappatalizable

At this point Im convinced that when somebody says LTC is dead, one year is added to its life. It just wont die even if the tech is sooo outdated. Some businesses even accept it as payment and not the 'better' projects

JacqueMorrison

Many "better" coins came and went, yet LTC is still here. It works and people seem to still be using it. Does it stand out ? Not really. Dead yet? No.

StiltonG

Very good point when you're talking about all the altcoins, but I've been following this closely since 2013, and studying the historical BTC charts prior to 2013, and with respect to Bitcoin **(BTC)**, I'm 99% sure we'll see a new ATH within the next 3 years. If history is any guide at all, BTC will soar to a new ATH > 200K by 2025, the year after the next halving. With respect to the alts, I wouldn't bet any significant money on any of them , but I slightly disagree with your assessment of BCH. That particular alt while having a *miserable* value trajectory since 2018 after an over-pumped spike in late 2017, actually is one of the few alts that conceivably *could* hit a new ATH. I' not saying I think it probable that it will, but it could. If BTC goes above 200K in the next major bull run (eg. 2025) it would not surprise me to see BCH ride the coat-tails up to 5K or even higher. BCH could be attractive for those who want a less expensive P2P e-cash alternative to BTC & who might own both (I own both). LTC I doubt it, and Dash I strongly doubt it (hate to say it because I own both those coins as well, couldn't resist buying up some of them while they are < $100, but it was just playing with fun money and I doubt they will go anywhere).