More good news for litecoin

[giveen]

I like Litecoin. My Chinese friends are going to make it big.

How just how i don't get the fact how do Chinese have so much money. I get the fact you all are entrepreneurs but still you guys used to control bitcoin at a time and now just increased overnight the price of ltc from $30 to $60. If possible tell your friends to pump xmr also it's a really good coin.

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[shyliar]

An article summarizing some of the recent good news for LTC. Touches on some of the forward thinking of individuals and groups involved.

https://btcmanager.com/litecoin-supplanting-bitcoin-as-the-cypherpunk-cryptocurrency/

[ridery99]

I like Litecoin. My Chinese friends are going to make it big.

How just how i don't get the fact how do Chinese have so much money. I get the fact you all are entrepreneurs but still you guys used to control bitcoin at a time and now just increased overnight the price of ltc from $30 to $60. If possible tell your friends to pump xmr also it's a really good coin.

Americans have debt, Chinese have savings 

[shyliar]

Bitgo just added LTC. Currently, they help businesses to use digital currencies. Bitgo processes over one billion dollars worth of transactions each month. This is likely bigger news than bitstamp.

https://twitter.com/bendavenport/status/876808172228403200

https://www.bitgo.com/

[ClaraLuV]

It's been confirmed that Charlie Lee has worked his last day at Coinbase and will be working on LTC full time.

Is this is the reason for the price of litecoin to spike right now,other than that i do not see anything different with it,if anyone know anything about the internal details i would like to hear from you and hope we could see a good rally with this one.

[o0‡0o]

It's been confirmed that Charlie Lee has worked his last day at Coinbase and will be working on LTC full time.

Is this is the reason for the price of litecoin to spike right now,other than that i do not see anything different with it,if anyone know anything about the internal details i would like to hear from you and hope we could see a good rally with this one.

Here is a little heads up, anyone's decision if it will be part of the long-term portfolio

• 
• Google the Litecoin roadmap 2017 or https://litecoincore.org/
• Bitstamp add  Litecoin next Monday done
• Litecoin is releasing the lightning network soon
• Smart Contracts are coming to Litecoin
• Anonimity is coming to Litecoin in steps beginning with the amount sent obfuscation
• Atomic swaps is coming (like shapeshift but without needing to use shapeshift)
• It is decentralized
• Fair release, many appreciate the fact of no ICO, Premine, Instamined, Nijamined.... Litecoins
• Neither Charlie Lee (the creator) or the developers hold the majority of coins (eth is being held 75% by creator and devs)
• There is max 84 million Litecoins and no more. Ethereum, Doge, Infinitycoin..... have an infinite supply
• There is no risk of forking the network (like with ethereum or bitcoin)
• Low fees to send money around
• The community is awesome it also helps when consensus is needed.
• Telegram chat 24/hr awake
• RSK
• MASK
• Yours.org
• Bitgo added Litecoin (A Billion Dollar e-commerce)
• No Blockchain bloat
• Stability
• Charlie gone "all in"
• Fast confirmation times.
• Blocks are not full
• Capable of eight times as many transactions as Bitcoin in a ten minute period.
• The faster block time of litecoin reduces the risk of double spending attacks.
• Anti-spam
• It's primary function is to be a cryptocurrency
• Continuous development look here at number of releases in past few years: https://github.com/litecoin-project/litecoin/releases
• Liquidity, volume has remained high month after month for years
• The speed, liquidity and value of Litecoin is useful to traders seeking arbitrage opportunities between exchanges.
• Still mineable in many western countries even after electrical costs are factored in. Many low value coins can be merge mined with it increasing profits for miners.
• It will always maintain the integrity of the blockchain (no hard forks for special interests).
• Potential of using the Lightning Network as a method of increasing transactional capacity.
• Supported by a growing number of merchant payment processors.
• Longevity
• The possibility of utilizing sidechains for smart contracts without the possibility of corrupting the original non-turing complete blockchain.
• Unlike bitcoin, it is possible to make changes to Litecoin (SegWit archived almost 100 percent consensus).
• Fast well established network.
• Security. Litecoin has the same security that Bitcoin

Have you seen the lite ?

[kryptqnick]

An article summarizing some of the recent good news for LTC. Touches on some of the forward thinking of individuals and groups involved.

https://btcmanager.com/litecoin-supplanting-bitcoin-as-the-cypherpunk-cryptocurrency/

Bitstamp (EU legal exchange), btc fees unacceptable for business, btc and ltc code similarities, ltc creator finally focusing on his creation - all this is very good news. I wanted it happen. I thought it definitely should. And so did iamnotback, who was saying that litecoin will become worth $100 quite soon. No surprise that ltc is being so successful, the only surprising thing is that it happened so fast.

[Adelajda]

@o0‡0o that is a good time line and it really looks promising and they will be starting Smart Contracts and Anonymity then it would be huge and there must be a huge change in the network protocol and what is the timeline for all these changes,if they are taking care of all these then i will be more than impressed with their clarity in thoughts about the future of litecoin.

[hajimasan]

It's been confirmed that Charlie Lee has worked his last day at Coinbase and will be working on LTC full time.

https://twitter.com/SatoshiLite/status/873343321296429056

This with the recent hiring of another full time developer will help speed up the integration of the Lightning Network, MAST and confidential transactions. Give Charlie a bit more time to promote LTC as well.

Additionally, litecoin goes live on Bitstamp next week.

http://www.livebitcoinnews.com/bitstamp-confirms-litecoin-integration-will-take-place-upcoming-week/

Yeah this is the reality and this also gave the much impact on the of the litecoin holder .
Here I myself holded litecoin from one year but profit is still very low according to the long term investment .
Here the good thing is that in the last two month I made about 0.09btc profit ( which is not a small amount according to my average monthly earnings ) .
After this news a quick increase in the price we seen and also before the news get viarl I bought litecoin of value 1btc .
well here I would like to suggest everyone just hold a small fraction of the litecoin or don't sell it because litecoin will touch the new high peak , because may be new change in the system of the litecoin can take and may be the litecoin will become a big famiuse coin like other fee crypto eth dash ripple like .

[Trustor]

LTC have a great future for the years to come 

[o0‡0o]

@o0‡0o that is a good time line and it really looks promising and they will be starting Smart Contracts and Anonymity then it would be huge and there must be a huge change in the network protocol and what is the timeline for all these changes,if they are taking care of all these then i will be more than impressed with their clarity in thoughts about the future of litecoin.

Actual proper working smart contracts 100x faster that are separate and can't cripple the whole network are in testing phase.
Users will be able to run their smart contracts in a platform that can scale up to 2.000 tx/sec on chain and 20.000 tx/sec off chain.


First stage of the Confidential Transactions is the amount sent obfuscation.

Confidential Transactions for Better Privacy

While Lee has stated that Lighting Network is still the number one priority, he is also excited about the development of confidential transactions for litecoin. The basic idea behind confidential litecoin transactions is that it obfuscates the amount of coins in all inputs and outputs, while simultaneously cryptographically verifying outputs are equal to the inputs using a technique called the Pedersen commitment. While the sender and receiver address will still be publicly known on the blockchain, obscuring the amount of a transaction can help make litecoin a legit fungible digital currency. For privacy conscious VPN users, we believe this can be a tremendous benefit.

TorGuard has seen a 100% increase in LTC payments over the last few weeks. As bitcoin transaction fees increase and confirmation times get longer, litecoin is becoming a faster and cheaper payment option for small transactions.

[aoluain]

An article summarizing some of the recent good news for LTC. Touches on some of the forward thinking of individuals and groups involved.

https://btcmanager.com/litecoin-supplanting-bitcoin-as-the-cypherpunk-cryptocurrency/

Good article, thanks for posting!

I like this line > Trading volumes precede price action, suggesting litecoin will continue to experience appreciation.
Higher volumes also tell us that more investors are becoming interested in litecoin, more so than any other cryptocurrency.

This is key I think, the fact that more investors are getting into litecoin and possibly more
as we get closer to August 1st. Litecoin could probably be seen as a good fall back coin
should anything negative happen on "independence day" or could end up seeing people hedging
their funds in LTC ?

[MedaR]

LTC is long term investment, it is not for day traders who expects daily changes and pumps..Ltc just rising natural and very slow with sporadic corrections of price, forget idea that you will buy LTC for 10$ ever again..

An article summarizing some of the recent good news for LTC. Touches on some of the forward thinking of individuals and groups involved.
https://btcmanager.com/litecoin-supplanting-bitcoin-as-the-cypherpunk-cryptocurrency/

Very nice article thanks for sharing this! Everyone should take time and read this..

[aoluain]

LTC is long term investment, it is not for day traders who expects daily changes and pumps..Ltc just rising natural and very slow with sporadic corrections of price, forget idea that you will buy LTC for 10$ ever again..

maybe the price wont be fluctuating wildly either way for the short term possibly?
so this would be perfect for everyday buy and sell micro transactions!

[bryant.coleman]

LTC is long term investment, it is not for day traders who expects daily changes and pumps..Ltc just rising natural and very slow with sporadic corrections of price, forget idea that you will buy LTC for 10$ ever again..

A few years back, I had purchased LTC for BTC0.03 per coin. The prices went up for a while, touching BTC0.05 per coin after a few months. But after that, it has been a steady fall. I remember selling the coins for BTC0.008 apiece. And after that, it went down even further, touching BTC0.004 per coin. Those who invested in LTC for long-term might have lost a lot of their initial investment.

[MedaR]

We all have our bad decisions we made in past and now we regretting, but this is normal i guess life is full of surprises and some events cannot be predicted. But in this case you do not need to have cristall ball, its evident that LTC in on the right way. We all are responsabile for our desisions, i will take this risk now.

[aoluain]

LTC is long term investment, it is not for day traders who expects daily changes and pumps..Ltc just rising natural and very slow with sporadic corrections of price, forget idea that you will buy LTC for 10$ ever again..

A few years back, I had purchased LTC for BTC0.03 per coin. The prices went up for a while, touching BTC0.05 per coin after a few months. But after that, it has been a steady fall. I remember selling the coins for BTC0.008 apiece. And after that, it went down even further, touching BTC0.004 per coin. Those who invested in LTC for long-term might have lost a lot of their initial investment.

Well I had a good few LTC which I bought in January '17
for under $4 and liquidated them in early May when the
price hit the high $20's . . .

More patience needed 

[Casdinyard]

An article summarizing some of the recent good news for LTC. Touches on some of the forward thinking of individuals and groups involved.

https://btcmanager.com/litecoin-supplanting-bitcoin-as-the-cypherpunk-cryptocurrency/

Indeed a very informative article.
It just proves that ltc has a future in crypto currency. Not a long way to go litecoin! Keep moving.
Good to invest more to this.

[zulkarnaen]

Indeed litecoin has good potential, one of the big coin altcoins has proven feasible to compete with bitcoin.meski for now its value is still far behind of bitcoin, but one day litecoin will reach the highest level in Cryptocurrency.

[niisarearning]

It's been confirmed that Charlie Lee has worked his last day at Coinbase and will be working on LTC full time.

https://twitter.com/SatoshiLite/status/873343321296429056

This with the recent hiring of another full time developer will help speed up the integration of the Lightning Network, MAST and confidential transactions. Give Charlie a bit more time to promote LTC as well.

Additionally, litecoin goes live on Bitstamp next week.

http://www.livebitcoinnews.com/bitstamp-confirms-litecoin-integration-will-take-place-upcoming-week/

Already read this thread on 10 june and dint have courage to buy litecoin because i was not sure how one persons adoption from coinbase to litecoin change but its really changed around 20$ difference in 2 weeks.