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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1460177 times)
burnum
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December 12, 2017, 03:56:12 AM
 #4621

could this be the big hedge funds taking a position and backing a winner?
Its certainly got global action now - wow!

or could it be the US markets taking a position ahead of shorting Bitcoin & then reaping the rewards as everyone retreats to Litecoin? - You guys are right something big is happening that's for sure.

OK just traded in all my under performers on neg% or tiny weekly %'s - gotta love that coinmarketcap "view all" feature - lets see how far this goes!

Could be anything, but I think that cause it transfers so quickly and at a low cost people are learning to buy it rather than anything else if they are going to move their crypto from one site to another, I bought ETH, BTC and LTC on one site and learned real quick that LTC was the best option for transfer's, I want quick transactions and low transaction cost's, so lets say I was able to profit with arbitrage - LTC rates high among the top 5 coins capable of moving around and I would be able to make more money with the low transfer fee's .

Send me a message if you need me to respond to a post, or just send me some  $ADA in an amount that will get my attention = addr1qx7g7vzjtk9mcljxjy0vnewaljk33m67d227d95rsak8mmjdq5erwjygc05l6vftwdzy9qd3t4 9spl5kw5k6684gfawqw9r87w
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JayFKay
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December 12, 2017, 04:08:10 AM
 #4622

True the 4 x faster speed has to be a factor, and then add to that the fact that its a lot more solid & stable than many of the smaller coins - so you can depend on it to bank smaller coin gains in and hold the value before those gains drop back down... and of the big coins it has the least "BUBBLE" about it if you ask me (it's still way cheaper than BTC or even ETH, Dash & Monero - but maybe not for much longer...
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December 12, 2017, 04:12:26 AM
 #4623

When compared to Bitcoin, lite coin has given even more profit to the investors who are holding LTC till now. The growth of LTC is good and market cap is simple superb.
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December 12, 2017, 04:18:51 AM
 #4624

True the 4 x faster speed has to be a factor, and then add to that the fact that its a lot more solid & stable than many of the smaller coins - so you can depend on it to bank smaller coin gains in and hold the value before those gains drop back down... and of the big coins it has the least "BUBBLE" about it
I do not see the BUBBLE people speak of, Crypto is a hot topic, banks and businesses are running to the crypto scene trying to to figure out how to get in, BTC is on its way to pass the 30,000 dollar value that once seemed a far way off when it was under 500 dollars and it will stay as volatile as it has always been, but transferring it is a pain, I want my money and I don't want to see it "pending", LTC is trusted with a track record and I am willing to bet its forks will do well also, not sure I will need to use LTC for my transfers always but as long as its the quickest I will buy it and use it to buy the satoshi coins I want.

Send me a message if you need me to respond to a post, or just send me some  $ADA in an amount that will get my attention = addr1qx7g7vzjtk9mcljxjy0vnewaljk33m67d227d95rsak8mmjdq5erwjygc05l6vftwdzy9qd3t4 9spl5kw5k6684gfawqw9r87w
mericy
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December 12, 2017, 04:20:31 AM
 #4625

when i wake up i see the litecoin fly.what happened with it?why the coin up too much?

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JayFKay
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December 12, 2017, 04:21:21 AM
Last edit: December 12, 2017, 05:41:27 AM by JayFKay
 #4626

The whole world is waking up to it - my theory is the whole US Futures market is looking forensically at crypto now & they are buying whats undervalued.

Wow I just found a great Investopedia article summarising many of the benefits & advantages of Litecoin

check it out; https://www.investopedia.com/news/litecoin-future-cryptocurrency/

and their conclusion:

"Savvy cryptocurrency enthusiasts have compared bitcoin’s market capitalization to Litecoin and done the math based on its maximum number of coins and other traits and have almost unanimously declared that it is undervalued. Even so, with much progress being made on the Lightning Network, Litecoin may one day soon evolve into the truest form of cryptocurrency yet, and leave the others in the dust".

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December 12, 2017, 04:28:20 AM
 #4627

could this be the big hedge funds taking a position and backing a winner?
Its certainly got global action now - wow!

or could it be the US markets taking a position ahead of shorting Bitcoin & then reaping the rewards as everyone retreats to Litecoin? - You guys are right something big is happening that's for sure.

OK just traded in all my under performers on neg% or tiny weekly %'s - gotta love that coinmarketcap "view all" feature - lets see how far this goes!

Could be anything, but I think that cause it transfers so quickly and at a low cost people are learning to buy it rather than anything else if they are going to move their crypto from one site to another, I bought ETH, BTC and LTC on one site and learned real quick that LTC was the best option for transfer's, I want quick transactions and low transaction cost's, so lets say I was able to profit with arbitrage - LTC rates high among the top 5 coins capable of moving around and I would be able to make more money with the low transfer fee's .
Yes I very strongly agree with your statement.
LTC is the best option for the transaction because the transaction costs are low.

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December 12, 2017, 04:32:45 AM
 #4628

People in here have been so nice, so I am just gone ask for help with another thing I have been thinking about. I have a old computer standing around, the reason why I don't use it is because it has no harddrive the on in it broke and so far I haven't bothered replacing it.
burnum
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December 12, 2017, 04:52:03 AM
 #4629

could this be the big hedge funds taking a position and backing a winner?
Its certainly got global action now - wow!

or could it be the US markets taking a position ahead of shorting Bitcoin & then reaping the rewards as everyone retreats to Litecoin? - You guys are right something big is happening that's for sure.

OK just traded in all my under performers on neg% or tiny weekly %'s - gotta love that coinmarketcap "view all" feature - lets see how far this goes!

Could be anything, but I think that cause it transfers so quickly and at a low cost people are learning to buy it rather than anything else if they are going to move their crypto from one site to another, I bought ETH, BTC and LTC on one site and learned real quick that LTC was the best option for transfer's, I want quick transactions and low transaction cost's, so lets say I was able to profit with arbitrage - LTC rates high among the top 5 coins capable of moving around and I would be able to make more money with the low transfer fee's .
Yes I very strongly agree with your statement.
LTC is the best option for the transaction because the transaction costs are low.
Well thank you sir, low cost transactions is kind of half of what Charlie tried to say on CNBC, the other half of what he was saying is decentralized, this coin is not controlled, it has no central power devaluing it and we that have a little bit (or alot) are truly who give it any value, kind of like Art ya know, LTC is the coin you could buy you morning coffee with (if you dare to stop holding it)

People in here have been so nice, so I am just gone ask for help with another thing I have been thinking about. I have a old computer standing around, the reason why I don't use it is because it has no harddrive the on in it broke and so far I haven't bothered replacing it.
Hmmm  what do you want help with? I also have an old computer around and so I  kinda relate.. but my own has a working hard drive with a little history on it pics and what not that I never transferred and the the only reason I hold on to it, I would be willing to sell it for the right price if your interested  Wink

Send me a message if you need me to respond to a post, or just send me some  $ADA in an amount that will get my attention = addr1qx7g7vzjtk9mcljxjy0vnewaljk33m67d227d95rsak8mmjdq5erwjygc05l6vftwdzy9qd3t4 9spl5kw5k6684gfawqw9r87w
Myriad Force
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December 12, 2017, 04:54:19 AM
 #4630

​Institutional money is pouring into Litecoin -
Bitcoin is too expensive so the option to max profit is Litecoin!!! >>>>$1000 LTC incoming.
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December 12, 2017, 05:39:24 AM
 #4631

bro i don't know about anyone else... but today was a good  day.
Just in a good mood over all. I was hyped over 190s, then I open COINMARKETCAP after work and see $245..
i am speechless right now. i hope it will be at $300 soon. Have a Good Day.
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December 12, 2017, 05:43:32 AM
Last edit: December 12, 2017, 06:13:25 AM by JayFKay
 #4632

I did a graph on it based on daily December figures & IF it keeps up this rate of growth it could be US$700 by Christmas Day!
Talk about Merry Xmas for us Hodlers!

BUT the REALLY interesting thing for me is this - To digitally mine (create) these currencies, large amounts of electricity are exhausted, Bitcoin is well known for this*, Litecoin is much more energy efficient in the mining process.

So as the green vote gets on board (& no doubt some mining is via fossil fuel powered sources) Litecoin is the greener option - so to sumamrize Litecoin:


- Litrecoin is way cheaper
- Much more energy efficient so it's greener for those concerned about climate change (anyone with a brain).
- more advanced tech!
- It has faster transaction times x 4 – so payments are processed faster.
- Litecoin has been in circulation since 2011 and has proven itself as a strong long term currency with its high volume and strength even during Bitcoin surges.
- After the Seg fork bitcoin miners can now mine Litecoin also.
- whats not to like!

Check this out for more on crazy BITCOIN energy usage levels : https://digiconomist.net/bitcoin-energy-consumption = every house powered in a nation the size of Serbia
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December 12, 2017, 07:01:40 AM
 #4633

CoinBase made a great promotion to Litecoin. There are only 3 coins on coinbase: BTC,ETH & LTC.
Many micro investors prefer to buy 7.5 LTC instead of 0.1 BTC

gawlea
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December 12, 2017, 07:11:35 AM
 #4634

CoinBase made a great promotion to Litecoin. There are only 3 coins on coinbase: BTC,ETH & LTC.
Many micro investors prefer to buy 7.5 LTC instead of 0.1 BTC

Indeed, this is happening just because BTC fees are so huge. If one little investor will buy 0.1 he will pay a 0.002 fee just to withdrawal his coins, at least that I saw on some little exchanges, I don't know how much is the withdrawal fee on Coinbase.
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December 12, 2017, 07:21:29 AM
 #4635

Lovely interview of Charlie Lee on CNBC : https://twitter.com/SatoshiLite/status/940292530087763969

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Chamberskob
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December 12, 2017, 08:30:08 AM
 #4636

Should have bought way more of these suckers when I had the chance.....story of mine and most likely a lot of other peeps lives ATM

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December 12, 2017, 08:38:16 AM
 #4637

Litecoin has been up can not stop, intend to fork it? I really want to see where the relevant news
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December 12, 2017, 08:45:28 AM
 #4638

Litecoin to the moon....wow.. litecoins i s doing well from beginning
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December 12, 2017, 09:13:25 AM
 #4639

Incredible growth of this coin, i don't know the reason for this pump, maybe i would like to sell and then buy again but i would like to know which are the reason of the pump. There is some news, can someone explain something?

Thanks
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December 12, 2017, 09:35:38 AM
 #4640

CoinBase made a great promotion to Litecoin. There are only 3 coins on coinbase: BTC,ETH & LTC.
Many micro investors prefer to buy 7.5 LTC instead of 0.1 BTC
This really affects how the coin moves, when we are seeing coins which is added local exchange chances to make that coin being useful,
and with that the support are continue to show, interest from each side of the world, glad to be able to hold little amount of this coin.

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