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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1275636 times)
kreatoralex
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December 16, 2017, 03:05:43 PM
 #4861

On the wallet, such an inscription, something must be done?
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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December 16, 2017, 03:11:30 PM
 #4862

in CL we trust. thank for your work. just want say really really thank you. i bought 60 litecoin when price only 25$. thank you again

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December 16, 2017, 05:46:18 PM
 #4863

Litecoin also get added by Bloomberg among along with two others. It clears that next year is becoming very feasible for LTC to see more surge in its price after it will be kicked off for lightening network based transactions. In my limited knowledge I am quite hopeful for big profit from this.

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December 16, 2017, 06:26:53 PM
 #4864

Everyone does not expect the price of LTC to reach $ 300, certainly makes me regret for selling a lot of LTC at a price of $ 60 about 3 weeks ago.
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December 16, 2017, 07:32:36 PM
 #4865

Litecoin also get added by Bloomberg among along with two others. It clears that next year is becoming very feasible for LTC to see more surge in its price after it will be kicked off for lightening network based transactions. In my limited knowledge I am quite hopeful for big profit from this.
Never doubted the power Litecoin  Smiley We can witness the triumph of this coin.

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December 16, 2017, 08:03:23 PM
 #4866

Lit will have a little corection and then to the moon.
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December 16, 2017, 08:03:54 PM
 #4867

It will touch 2000$ in 2018
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December 16, 2017, 11:26:11 PM
 #4868


Did anybody really catch on to what Charlie Lee talked about on the news the other day? The message as I saw it was LTC is a long term position- he is maintaining the original goals of the crypto community (on live T.V.) portraying LTC as a decentralized anonymous currency that is going to upend fiat (mainly the greenback), he did not play into Wall Street or the Banking game, he truly came out honest and told it how it is and what crypto is for, unlike the twins and so many others that are dragging BTC into a mess of regulations with their ETF's and other baloney, the whales are out splashing about and might have lost sight of what crypto was designed for and you can bet some of them speak of their wishes for a decentralized currency but how many are truly still involved in the movement (just a question guys),
LTC saw a spike coming from public awareness and those of us in the know picked some more up in support or in fun but can LTC really really pump like BTC at this point? Probably not (even though it has lately been killing it could it reach 16k?)- when the founder is dead set against it moving away from being decentralized and probably working towards keeping it there i think the Bears win with LTC and I think it will be further adopted as a payment coin cause there are alot of people involved in supporting decentralized coins that have been involved in crypto for well over 5 years and LTC has proven itself -
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December 16, 2017, 11:35:27 PM
 #4869

If litecoin keeps embodying the spirit of original bitcoin plus embracing further technical innovations can assert it's supremacy in everyday transactions, I have a really good feeling about it.
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December 16, 2017, 11:52:28 PM
 #4870

So this year Litecoin will experience a very good rise, the price is now still not too late to buy it Smiley, looking forward to it.

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December 17, 2017, 03:14:20 AM
 #4871

Great to see Litecoins trade volume back above ripple and Bitcoin cash globally where it belongs!

what a week for crypto!
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December 17, 2017, 03:47:23 AM
 #4872


Did anybody really catch on to what Charlie Lee talked about on the news the other day? The message as I saw it was LTC is a long term position- he is maintaining the original goals of the crypto community (on live T.V.) portraying LTC as a decentralized anonymous currency that is going to upend fiat (mainly the greenback), he did not play into Wall Street or the Banking game, he truly came out honest and told it how it is and what crypto is for, unlike the twins and so many others that are dragging BTC into a mess of regulations with their ETF's and other baloney, the whales are out splashing about and might have lost sight of what crypto was designed for and you can bet some of them speak of their wishes for a decentralized currency but how many are truly still involved in the movement (just a question guys),
LTC saw a spike coming from public awareness and those of us in the know picked some more up in support or in fun but can LTC really really pump like BTC at this point? Probably not (even though it has lately been killing it could it reach 16k?)- when the founder is dead set against it moving away from being decentralized and probably working towards keeping it there i think the Bears win with LTC and I think it will be further adopted as a payment coin cause there are alot of people involved in supporting decentralized coins that have been involved in crypto for well over 5 years and LTC has proven itself -

he is embedded with them however i do like his cool calm way of dealing with the CNBC n00bs Wink cheers!!! Litecoin is growing up big~

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 17, 2017, 07:23:59 AM
 #4873

Litecoin up another 9.5% as of this hour! I thought the weekends were supposed to be quieter! not that I'm complaining Smiley
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December 17, 2017, 10:36:37 AM
 #4874

As expected, the bulls purchased the dips to $243.86 levels, which is the 38.2 percent Fibonacci retracement of the rally.
However, we believe that the levels between $300 and $342.237 will continue to act as a stiff resistance.
We believe that after the sharp rally, Litecoin will be range-bound for the next few days.
Notwithstanding, if the bulls’ breakout to new lifetime highs, then the next target objective on the upside is a rally to $497.53.
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December 17, 2017, 05:34:25 PM
 #4875

As expected, the bulls purchased the dips to $243.86 levels, which is the 38.2 percent Fibonacci retracement of the rally.
However, we believe that the levels between $300 and $342.237 will continue to act as a stiff resistance.
We believe that after the sharp rally, Litecoin will be range-bound for the next few days.
Notwithstanding, if the bulls’ breakout to new lifetime highs, then the next target objective on the upside is a rally to $497.53.
Very interesting thoughts on Litecoin. Probably all will be. Thank you

JayFKay
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December 17, 2017, 10:29:16 PM
 #4876

The Cryptocurrency pool of investors is simply growing, new markets are opening up and the UK news site www.independent.co.uk reports that a third of all 18 - 35s are set to invest by the end of 2018 up from 5% now.

I think a move away from the heaviest energy user Bitcoin with its energy-guzzling mining load to lighter greener alternatives like Litecoin and Power Ledger are inevitable.
 
The latest 'Bitcoin News reports that;
"Since January 1, the price of Litecoin has surged from $3.63 to $302, as its market cap increased from below $177 million to $16.4 billion. The market valuation of Litecoin is currently larger than that of bitcoin in the beginning of 2017.

Potential Factors Behind Rally

Over the past 12 months, the bitcoin dominance index has decreased from above 80 percent to 56 percent. Several analysts have attributed the decrease in the bitcoin dominance index to the migration of users from bitcoin to alternative cryptocurrencies (altcoins) such as Litecoin and Ethereum that have significantly lower transaction fees than bitcoin.

At the time of reporting, the median transaction fee of Litecoin is around $0.065.. Due the high transaction fees of bitcoin, many users have started to utilize Litecoin to process cheaper and small transactions.

Bitcoin Fees, a bitcoin transaction fee prediction platform developed by Earn.com (formerly 21 Inc) show that the fastest and cheapest transaction fee is, a recommended fee of around $18."

that's a huge difference in cost to the end user both financially and environmentally.

Litecoin for the future!
JayFKay
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December 17, 2017, 10:43:31 PM
 #4877

Hey does anyome know of a comparison chart for Crypto mining energy usage ? ... I think this would be a handy guide for ethical investors.

I was just reading up further on Bitcoin mining.. it's as bad as I feared..

"Bitcoin’s biggest problem is not even its massive energy consumption (bigger than many small countries already) but that the network is mostly fueled by coal-fired power plants in China. Coal-based electricity is available at very low rates in this country. Even with a conservative emission factor, this results in an extreme carbon footprint for each unique Bitcoin transaction"

I'm holding mostly alt coins already like Litecoin and Power Ledger but this makes me want to shed the rest of my Bitcoin pending something done to avoid adding to climate change.

You can read more on this issue here: https://digiconomist.net/bitcoin-energy-consumption
coinlawyer
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December 17, 2017, 10:44:54 PM
 #4878

The Cryptocurrency pool of investors is simply growing, new markets are opening up and the UK news site www.independent.co.uk reports that a third of all 18 - 35s are set to invest by the end of 2018 up from 5% now.

I think a move away from the heaviest energy user Bitcoin with its energy-guzzling mining load to lighter greener alternatives like Litecoin and Power Ledger are inevitable.
 
The latest 'Bitcoin News reports that;
"Since January 1, the price of Litecoin has surged from $3.63 to $302, as its market cap increased from below $177 million to $16.4 billion. The market valuation of Litecoin is currently larger than that of bitcoin in the beginning of 2017.

Potential Factors Behind Rally

Over the past 12 months, the bitcoin dominance index has decreased from above 80 percent to 56 percent. Several analysts have attributed the decrease in the bitcoin dominance index to the migration of users from bitcoin to alternative cryptocurrencies (altcoins) such as Litecoin and Ethereum that have significantly lower transaction fees than bitcoin.

At the time of reporting, the median transaction fee of Litecoin is around $0.065.. Due the high transaction fees of bitcoin, many users have started to utilize Litecoin to process cheaper and small transactions.

Bitcoin Fees, a bitcoin transaction fee prediction platform developed by Earn.com (formerly 21 Inc) show that the fastest and cheapest transaction fee is, a recommended fee of around $18."

that's a huge difference in cost to the end user both financially and environmentally.

Litecoin for the future!

LTC is definitely the coin of the future! We can see how it developes and after the lightning network launch we could see as value of Litecoin.
With over $1.86bn in 24-hour trading volume, things are looking pretty good for Litecoin. And it seems fewer people are willing to sell at the current price)

warmonga
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December 18, 2017, 12:10:59 AM
 #4879

The Cryptocurrency pool of investors is simply growing, new markets are opening up and the UK news site www.independent.co.uk reports that a third of all 18 - 35s are set to invest by the end of 2018 up from 5% now.

I think a move away from the heaviest energy user Bitcoin with its energy-guzzling mining load to lighter greener alternatives like Litecoin and Power Ledger are inevitable.
 
The latest 'Bitcoin News reports that;
"Since January 1, the price of Litecoin has surged from $3.63 to $302, as its market cap increased from below $177 million to $16.4 billion. The market valuation of Litecoin is currently larger than that of bitcoin in the beginning of 2017.

Potential Factors Behind Rally

Over the past 12 months, the bitcoin dominance index has decreased from above 80 percent to 56 percent. Several analysts have attributed the decrease in the bitcoin dominance index to the migration of users from bitcoin to alternative cryptocurrencies (altcoins) such as Litecoin and Ethereum that have significantly lower transaction fees than bitcoin.

At the time of reporting, the median transaction fee of Litecoin is around $0.065.. Due the high transaction fees of bitcoin, many users have started to utilize Litecoin to process cheaper and small transactions.

Bitcoin Fees, a bitcoin transaction fee prediction platform developed by Earn.com (formerly 21 Inc) show that the fastest and cheapest transaction fee is, a recommended fee of around $18."

that's a huge difference in cost to the end user both financially and environmentally.

Litecoin for the future!

LTC is definitely the coin of the future! We can see how it developes and after the lightning network launch we could see as value of Litecoin.
With over $1.86bn in 24-hour trading volume, things are looking pretty good for Litecoin. And it seems fewer people are willing to sell at the current price)

Bitcoin Cash offers similar features and solutions to Litecoin, has the Bitcoin branding and is obviously being pumped hard. How do you see LTC competing against BCH, or do you believe there is room in the market for several transaction focused coins?
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December 18, 2017, 12:33:57 AM
 #4880



How do you see LTC competing ...

is it a competition, or a selective investment?
If you have a look at the exchange charts you will see that none of these coins are actually competing against one another.
not really.

..:raskul:..
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