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Author Topic: Litecoin is the sleeping giant  (Read 36001 times)
finitemaz
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September 02, 2016, 03:38:51 PM
 #101

Xinxi Wang is a core dev for Litecoin, and he created Litecointalk.io
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Searing
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September 02, 2016, 03:49:03 PM
 #102

Xinxi Wang is a core dev for Litecoin, and he created Litecointalk.io

Alas I was probably too harsh. I'll check it over.

Check out the www.synchro.net Free BBS Package. Win 10/Linux. Updated 1/1/19. 5 min-Install to check it out. A nostalgic hoot! Smiley
finitemaz
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September 02, 2016, 05:33:48 PM
 #103

Xinxi Wang is a core dev for Litecoin, and he created Litecointalk.io

Alas I was probably too harsh. I'll check it over.

https://www.reddit.com/r/litecoin/comments/50iqft/new_litecoin_forum/
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September 02, 2016, 05:51:58 PM
 #104

LTC bagholders always amuse me. Remind me again why do we need LTC?

I'm as confused as you about Litecoin and I'm making (today anyway)


Litecoin Mining Calculator (can be used by anyone you don't have to be part of www.litecoinpool.org to use this. Smiley


www.litecoinpool.org/calc


Hash rate:   1000 mh

Network Difficulty:   44270.49177962

Power usage:  4100 W    Energy cost:  14c USD/kWh

   
Profitability Analysis

                      Expected                Rewards          Elec Costs            Net Profit
24 hours     11.70043945 LTC            56.05 USD         13.78 USD             42.27 USD
7 days        81.90307617 LTC        392.32 USD           96.43 USD           295.88 USD
30 days     351.01318359 LTC       1681.35 USD      413.28 USD         1268.07 USD


Again just to establish my bona fides......I also have no clue on what LTC is doing most days.

My ASSUMPTION is that being a 'speculative coin' imho in the way it follows BTC at say around a 0.008 ltc to btc ratio
there is something about POW mining and LTC 'speculation' in relation to BTC that makes if very attractive and damn
hard to kill (or figure out). In other words...boring and predictable and stable is good in this wild crypto universe.

So using the Gold and Silver analogy....why even trade Silver etc if you can do the same with Gold. I think that applies
here. The folk who like to speculate and hold cryptocurrency find the 'boring' and somewhat 'predictable' aspects of
LTC quite 'calming' imho....no DEV drama.....it is about as consistent a coin as you can see IF my assumption is right
and it keeps its value and status as a speculator instrument with traders etc

and of course the FOUNDER is known....there is NO DEV drama.....ho hum..what you see is what you get more or less

Add to that (again imho) that most POW coins seem to be doing quite well for value and speculation. Such POW (proof
of work with miners) coins as BTC/LTC/ETH/DASH/etc etc

This also adds to the stability I mention above and gives folk trading and holding LTC some comfort. You could be
correct it could be a 'false comfort' (this is true of all crypto it could all go tulips) but with LTC we do have some
history to base this on.

Thus imho a successful coin should be 'tradeable' 'stable' 'pow based' (with new miner equip which now LTC has again with 14nm units coming out)

This may change with POS coin (proof of stake) where you BUY up front and don't mine....but so far...again imho...
POW coins seem to be the most successful with ehtereum being the latest example. (What this means when ETH
goes POS coin I've no clue)

Anyway LTC may NOT be a sleeping giant ..it may simply plug along 0.008 to 0.01 LTC to BTC for the foreseeable future
but it seems to have found a niche in being somewhat predictable in this crypto shifting landscape.

I've been pondering this since Nov 2014 when I got the orig Titan and the others. I only have mined LTC and only on
litecoinpool (see above link) and its a lot like churning butter...if you are consistent ..it seems to work just dandy.

I myself move LTC to BTC when it gets to above my 1000 LTC hoard. But again it may not be the Silver to Bitcoins
Gold....but it seems to have the usefulness and utility of Copper say. You don't really think about copper much but
it has its place.


Anyway 2 Satoshi's worth from someone who is doing quite well mining the stuff. An now with the new equipment
14nm A4's Dominator's coming out here this July/August I figure that LTC will do even better. No more talk of it
being a dead POW coin because no NEW POW equipment etc.

Indeed this should be a BOON to all scypt based POW coins imho...Especially LTC if as folk have said BTC hits and sits around
650 usd at 0.008 LTC to BTC that is 5.20 usd LTC. Well hell at that price you will see even more scrypt miners
being made 6 months down the line and let the rodeo begin again with difficulty rise on POW scrypt coins.

Anyway my take on this for what it is worth.










definitely the consistency of the coins somewhat explainable popularity plays a factor in why people continue to buy this coin, however with out new development its hard to understand what would be driving anyone new into LTC. Im curious if the Author of this post knows of something big that is about to happen or is just speculating
SaShiRaJaVu
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September 02, 2016, 10:24:03 PM
 #105

Is there any specific ASIC machines to mine litecoin or is it possible to mine litecoins using laptop or desktops with a decent graphic card. One more doubt is,which is the coin to mine from home using desktops.It doesnt need to be about profit ,since i want to know what mining is all about.
doriangray
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September 03, 2016, 01:43:58 AM
 #106

Litecoin has been long sleeping after the big price pump from way back 2013. It hasn't woken up yet after that.

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TheMage
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September 03, 2016, 02:19:36 AM
 #107

Litecointalk.io is up and running, and there are whispers of anony features being implemented.  LTC is the true sleeping giant! You all heard first!

Where did you hear these whispers? I'm curious Smiley.

Follow me on twitter https://twitter.com/TheRealMage for Litecoin and Litecoin Association news!
sofu
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September 03, 2016, 04:33:02 AM
 #108

Litecointalk.io is up and running, and there are whispers of anony features being implemented.  LTC is the true sleeping giant! You all heard first!

Where did you hear these whispers? I'm curious Smiley.


Xinxi is hyping hard in the telegram group https://telegram.me/Litecoin

and Coblee told $40 soon

What can go wrong?
Grin Grin Grin

dballing
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September 03, 2016, 06:13:54 AM
 #109

Litecointalk.io is up and running, and there are whispers of anony features being implemented.  LTC is the true sleeping giant! You all heard first!

Where did you hear these whispers? I'm curious Smiley.


Xinxi is hyping hard in the telegram group https://telegram.me/Litecoin

and Coblee told $40 soon

What can go wrong?
Grin Grin Grin


Shhh, keep it to yourself.
rocketsTmac
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September 03, 2016, 06:33:01 AM
 #110

Litecointalk.io is up and running, and there are whispers of anony features being implemented.  LTC is the true sleeping giant! You all heard first!

Where did you hear these whispers? I'm curious Smiley.


Xinxi is hyping hard in the telegram group https://telegram.me/Litecoin

and Coblee told $40 soon

What can go wrong?
Grin Grin Grin


40 USD, Coblee will make everyone as a bagholder? He will definitely dump his 1 million ltc at 38 usd.   Cheesy
cryptohunter
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MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG


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September 03, 2016, 02:21:27 PM
 #111

$40 is not enough. LTC with effective functional/optional privacy will be greater than that.

wangxinxi
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September 19, 2016, 02:29:42 AM
 #112

$40 is not enough. LTC with effective functional/optional privacy will be greater than that.

Right, check https://www.reddit.com/r/litecoin/comments/53c0v6/confidential_transaction_for_litecoin/
RajeevSigh
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September 19, 2016, 04:15:51 AM
 #113

litecoin still stable price
not wave significant, not pump and not dump
legendbtc
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September 19, 2016, 04:45:03 AM
 #114

Yes litecoin is in stable price, waiting for big movement in the coin hope soon the price will increase.

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September 19, 2016, 12:48:59 PM
 #115

Litecointalk.io is up and running, and there are whispers of anony features being implemented.  LTC is the true sleeping giant! You all heard first!

Where did you hear these whispers? I'm curious Smiley.


I can't tell if you were serious or not, but it frightens me if you actually didn't know what's going on with litecoin.... uhh communication?
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September 19, 2016, 01:18:51 PM
 #116

Litecointalk.io is up and running, and there are whispers of anony features being implemented.  LTC is the true sleeping giant! You all heard first!
I visited that litecointalk.io out of curiosity and is basically graveyard of a forum. I counted total posts - no more than 45 at this point.
It pretty much depict the current Litecoin situation as well - a dead end of coin development. LTC won't be great again.
I saw that road map of LTC developers and it is amazing - but I want to see all these changes, upgrades implemented first.

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September 19, 2016, 01:21:31 PM
 #117


Litecointalk.io is up and running, and there are whispers of anony features being implemented.  LTC is the true sleeping giant! You all heard first!
I visited that litecointalk.io out of curiosity and is basically graveyard of a forum. I counted total posts - no more than 45 at this point.
It pretty much depict the current Litecoin situation as well - a dead end of coin development. LTC won't be great again.

It's been up and running for maybe 2 weeks, with some downtime within that period.  Give the fud a break, man.
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September 19, 2016, 02:52:03 PM
 #118

It's not true. PEERCOIN is sleeping giant!!!  You will see. Grin
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September 19, 2016, 04:58:48 PM
 #119

the giant awoke i think. and if he really do this change he will be even bigger,

Confidential Transaction for Litecoin
https://www.reddit.com/r/litecoin/comments/53c0v6/confidential_transaction_for_litecoin/


bitcoinlitcoinbtcltc
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September 19, 2016, 09:40:26 PM
 #120

Litecoin shitiest coin of them all.

This coin has no future. I don't expect it will be able to hold $3.8 before end of September. Big crash coming soon.

This shit coin just needs to fucking DIE already.

There is not bigger useless boring coin in crypto sphere than LTC.

That confidential transaction shit wont mean anything.

This SHITCOIN has been at 0.006 something for months, lol. Nobody is buying, there is absolutely ZERO demand.

You have to be a FUCKING MORON to buy Litecoin.

Big crash within 1 week, mark my words Cheesy.
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