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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1281795 times)
Serega Smile
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December 12, 2017, 03:47:24 PM
 #4701

Litecoin is often compared to Bitcoin, and for good reason: the two digital currencies are closely related, with Litecoin having been heavily influenced by its older peer when it was developed in 2011. Both share a deflationary nature, with the supply set to taper in the next few years.First, Litecoin has a lifetime cap of 84 million coins, which is four times higher than the total number of Bitcoins that can be mined. Litecoin has a time of 2.5 minutes, compared with 10 minutes for Bitcoin. In practical terms, this means that transactions involving Litecoin will be confirmed four times faster than those for Bitcoin, according to Seeking Alpha's Melwin Phillip.Litecoin's mining algorithms are significantly simpler than those of Bitcoin, meaning it can be mined on computers which are less powerful and that it will take less energy.
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December 12, 2017, 04:04:15 PM
 #4702

Any chance of it, going down. I am very much interested in buying.  Huh

yep every time it goes up a lot it comes down a little straight after.. that's the time to buy in
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December 12, 2017, 04:04:26 PM
 #4703

i have very old litecoin qt wallet from before segwit update, it cant sync. what kind of wallet i need to make it work? i have wallet.dat file.

thanks!

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December 12, 2017, 04:09:46 PM
 #4704

I like this project. Here explains that miners will get 50 coins per block. What do I want to know, is it the perfect coin? or can it still be more?

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December 12, 2017, 05:09:29 PM
 #4705

I like this project. Here explains that miners will get 50 coins per block. What do I want to know, is it the perfect coin? or can it still be more?

The mining reward per block is now 25 coins because halved, but is very hard to mine it because the hashrate is huge and you'll need a lot of hash power to mine Litcoin. Since the scrypt asics are out is very hard to mine Litecoin.

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R-J-F
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December 12, 2017, 05:27:48 PM
 #4706

ltc ..the poor's man btc

LTC The smart man's BTC

"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety." Ben Franklin
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December 12, 2017, 05:41:12 PM
 #4707

What happens with LTC, when BTC will be with lightning network?HuhHuh?
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December 12, 2017, 06:24:06 PM
 #4708

Litecoin is often compared to Bitcoin, and for good reason: the two digital currencies are closely related, with Litecoin having been heavily influenced by its older peer when it was developed in 2011. Both share a deflationary nature, with the supply set to taper in the next few years.First, Litecoin has a lifetime cap of 84 million coins, which is four times higher than the total number of Bitcoins that can be mined. Litecoin has a time of 2.5 minutes, compared with 10 minutes for Bitcoin. In practical terms, this means that transactions involving Litecoin will be confirmed four times faster than those for Bitcoin, according to Seeking Alpha's Melwin Phillip.Litecoin's mining algorithms are significantly simpler than those of Bitcoin, meaning it can be mined on computers which are less powerful and that it will take less energy.

Agreed. Holding LTC is a must. When BTC will hit 100,000 USD it will be valued at 10k at least
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December 12, 2017, 06:34:15 PM
 #4709

What happens with LTC, when BTC will be with lightning network?HuhHuh?
a

LTC = LOW FEES = GOD - - VS - -  BTC = HIGH FEES = little king.

Whats in your wallet?
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December 12, 2017, 06:37:35 PM
 #4710

Next year sometime old times will be back like LTC was at 1/10th of Bitcoin's value. LTC came out like dark horse in current situation when most of the people were not expecting good times for altcoins but it made everyone's opinions wrong and keep climbing up and up.

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BITMILLEX   

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December 12, 2017, 06:41:04 PM
 #4711

What happens with LTC, when BTC will be with lightning network?HuhHuh?
a

LTC = LOW FEES = GOD - - VS - -  BTC = HIGH FEES = little king.

Whats in your wallet?
70% in LTC, 30% in other altcoins and BTC. I think price of LTC will be huge dump, when it will happen.
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December 12, 2017, 07:08:47 PM
 #4712

you are crazy buy now
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December 12, 2017, 07:11:51 PM
 #4713

What happens with LTC, when BTC will be with lightning network?HuhHuh?
a

LTC = LOW FEES = GOD - - VS - -  BTC = HIGH FEES = little king.

Whats in your wallet?
70% in LTC, 30% in other altcoins and BTC. I think price of LTC will be huge dump, when it will happen.

LiteCoin will also be on the lightning network. https://www.youtube.com/watch?v=fxJ-Evk7Wlc
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December 12, 2017, 07:16:48 PM
 #4714

What happens with LTC, when BTC will be with lightning network?HuhHuh?
a

LTC = LOW FEES = GOD - - VS - -  BTC = HIGH FEES = little king.

Whats in your wallet?
70% in LTC, 30% in other altcoins and BTC. I think price of LTC will be huge dump, when it will happen.

This is what some thought about Dash when it was at 70$ and thought I'll buy when it drops back to 10-15$ and those guys are still waiting  Grin
What you have to note is that yes, some correction will take place and LTC may go back too 200$ but it won't go back to 100$ in my very personal opinion  Grin
There is coins that are not altcoins . They have theirs own systems ecosystem and infrastructure already set to grow and LTC is one of them. But even that does not matter. Rise and you will rise , fall and you will fall. This is what some kings can do my friend and if some decide that LTC or anyother coin is the next BTC , it will happen. No one can stop them.
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December 12, 2017, 07:23:35 PM
 #4715

Well...buy before sleeping giant wake up  Kiss
Just a 4 days after this message the sleeping giant wakes up. Events are developing very rapidly. Who would have thought that this would happen so quickly..
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December 12, 2017, 07:27:22 PM
 #4716

LTC pump cause Steam canceled BTC and now accept LTC

Yes, I just read the announcement about buying Steam Vouchers with LTC! This is great for Litecoin, is one step forward and it prooves once again that LTC is a way good payment option then Bitcoin-less fees, faster transactions!

Larimer is not satoshi however i guess he asked him questions about bitcoin~imo emc2 likely to surpass marketcap of LTC using litecoins pawned code base lock step EMC2 will disrupt litecoin(same algo) Wink weee™

https://poloniex.com/exchange#btc_emc2

I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! Wink weee™
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December 12, 2017, 08:31:20 PM
 #4717

Well...buy before sleeping giant wake up  Kiss
Just a 4 days after this message the sleeping giant wakes up. Events are developing very rapidly. Who would have thought that this would happen so quickly..
Litecoin is sleeping giant indeed. It is unstoppable now, will go up more in 2018. Better alternative to Bitcoin.

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December 12, 2017, 09:02:07 PM
 #4718

When LTC hits 'Facebook Trending' multi-millions will see it -
Better get in now:
https://techcrunch.com/2017/08/14/facebook-is-rolling-out-a-trending-news-section-on-mobile-now-with-its-own-link/
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December 12, 2017, 09:25:56 PM
 #4719

LTC pump cause Steam canceled BTC and now accept LTC

Yes, I just read the announcement about buying Steam Vouchers with LTC! This is great for Litecoin, is one step forward and it prooves once again that LTC is a way good payment option then Bitcoin-less fees, faster transactions!

Larimer is not satoshi however i guess he asked him questions about bitcoin~imo emc2 likely to surpass marketcap of LTC using litecoins pawned code base lock step EMC2 will disrupt litecoin(same algo) Wink weee™

https://poloniex.com/exchange#btc_emc2

This shiller is 'Gembit' with a new account -
People got sick of him shilliing EMC2 - a pump and dump shit coin using Einstein Branding.

LTC is in the process of dethroning BTC - many will try to ride the fame and will fail miserably.
 Cool
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December 12, 2017, 09:37:59 PM
 #4720

light are on similar push as ETH when it was 20 usd, it went from 20 to 420, imagine now 100x21= 2100 usd, or with other words fibo extension 161.8 against BTC is at 0.03271, Ofcourse it wont just shoot up, or it will ...haha...but thats where we should be going, charts saying that https://cryptowat.ch/poloniex/ltcbtc/1w
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