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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1275636 times)
Totscha
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January 18, 2018, 09:35:09 AM
 #5281

Total noob here.  Ive been studying cryptocurrency and blockchain technology for a couple weeks and I have a couple questions. I wont be starting out with a lot of money tied up in this.  I am only going to start with around $500.  Any suggestions as to dos and donts or any general advice would be nice.

Thanks,

The Noob

Sure.

- Don't invest more than you're willing to lose. It will make it much easier to go through days when the price drops 30%+...
- Read a lot! https://lopp.net/bitcoin.html is a good start. It's centered on Bitcoin, but most articles apply to all crypto in general.
- Don't keep all 'your' coins on an exchange. They're YOUR coins when they are in your wallet and only you control the private keys. On the flip side. This also means you can lose them if you lose your wallet. And there's exactly nothing you can do to recover them.
- Always triple check the address you are sending to is the right one. When doing your first transaction of any type, try it out with a small amount first.
- Do some research on any crypto you want to invest into. Guilty until proven innocent is the best approach. Avoid anything that doesn't have full public access to the blockchain and a GitHub page with all the code. If it's centered around a company/page and has incentives/affiliate/lending programs it's 100% a ponzi (BitConnect & Co...).
- Trust nobody. Not even me  Grin

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January 18, 2018, 09:42:58 AM
 #5282

Koinbi.com would like to welcome Litecoin to its service!

Koinbi welcomes Litecoin to its family of crypto currencies and has opened the order books for Litecoin to be traded!
Our mission at Koinbi is to provide you, the user and trader with a clean, fast and secure platform to trade your crypto currencies.

URL: https://koinbi.com
Trade: https://koinbi.com/markets/ltcbtc
API: https://koinbi.com/api_v2

Thank you,
James and the team at Koinbi.com

Our free BTC promotion for new users ends soon so register quick or you may miss out!

I'm looking froward to losing 100% of my deposits Smiley

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January 18, 2018, 11:01:08 AM
 #5283

Invested in LTC @ $100 , sold @$320,  market "recovering ", time for reinvest ? NO!!!
Just for fun checked BitConnect ( BCC) and today it's up 300%
I'm out from this market !
MegaHit!
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January 18, 2018, 11:04:54 AM
 #5284

Invested in LTC @ $100 , sold @$320,  market "recovering ", time for reinvest ? NO!!!
Just for fun checked BitConnect ( BCC) and today it's up 300%
I'm out from this market !
It's a long term, buddy
buy some
forget about it
remember once in 6 month
sell it
buy some jewel or smth for education
that's it )
Atexor
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January 18, 2018, 11:06:07 AM
 #5285

Koinbi.SCAM would like to welcome Litecoin to its service!

Koinbi welcomes Litecoin to its family of crypto currencies and has opened the order books for Litecoin to be traded!
Our mission at Koinbi is to provide you, the user and trader with a clean, fast and secure platform to trade your crypto currencies.

URL: XXX
Trade: XXX
API: XXX

Thank you,
James and the team at Koinbi.SCAM

Be careful with that idiot. There are a lot of threads about that scam with his pseudo-exchange. Few examples:
https://bitcointalk.org/index.php?topic=2757535.0
https://bitcointalk.org/index.php?topic=2606144.0
https://bitcointalk.org/index.php?topic=2756085.msg28154082#msg28154082
https://cryptovest.com/news/exchanges-a-new-frontier-for-scams/

Twitter - full of comments about scam: https://twitter.com/Koinbi_Exchange/status/950634317843120133
So be careful. I removed links in quote.
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January 18, 2018, 11:06:14 AM
 #5286

if we notice, it is true that there is much event which is happening lately, such as the market continues to fall and stocks continue to decline. it is of course that situation makes many people feel disadvantaged .in fact, there are some people trapped in panic sale because they afraid to losing their chance in alternative coin like litecoin. but if they are be patient a little longer they would not miss this chance.  Embarrassed

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Totscha
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January 18, 2018, 11:31:58 AM
 #5287

Invested in LTC @ $100 , sold @$320,  market "recovering ", time for reinvest ? NO!!!
Just for fun checked BitConnect ( BCC) and today it's up 300%
I'm out from this market !

Good. We don't need people who cannot see the difference between Litecoin and Bitconeeeeeeeeeect.  Wink

Shameless affiliate link:
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Full disclosure: You get the Wirex card at 25% discount, I get 10% of your fees.
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January 18, 2018, 01:35:44 PM
 #5288

Koinbi.com would like to welcome Litecoin to its service!

Koinbi welcomes Litecoin to its family of crypto currencies and has opened the order books for Litecoin to be traded!
Our mission at Koinbi is to provide you, the user and trader with a clean, fast and secure platform to trade your crypto currencies.

URL: https://koinbi.com
Trade: https://koinbi.com/markets/ltcbtc
API: https://koinbi.com/api_v2

Thank you,
James and the team at Koinbi.com

Our free BTC promotion for new users ends soon so register quick or you may miss out!


Do not deposit any money to Koinbi!

You won't be able to withdraw!

Koinbi is a SCAM!!!

Beware of scam:
- Koinbi.com exchange. Fake exchange rates, withdrawals don't work, no way to contact support.
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January 18, 2018, 03:09:49 PM
 #5289

How many days does it take for a litecoin sent with zero fees to bounce back to original wallet or get approved?

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January 18, 2018, 04:59:04 PM
 #5290

Total noob here.  Ive been studying cryptocurrency and blockchain technology for a couple weeks and I have a couple questions. I wont be starting out with a lot of money tied up in this.  I am only going to start with around $500.  Any suggestions as to dos and donts or any general advice would be nice.

Thanks,

The Noob

Sure.

- Don't invest more than you're willing to lose. It will make it much easier to go through days when the price drops 30%+...
- Read a lot! https://lopp.net/bitcoin.html is a good start. It's centered on Bitcoin, but most articles apply to all crypto in general.
- Don't keep all 'your' coins on an exchange. They're YOUR coins when they are in your wallet and only you control the private keys. On the flip side. This also means you can lose them if you lose your wallet. And there's exactly nothing you can do to recover them.
- Always triple check the address you are sending to is the right one. When doing your first transaction of any type, try it out with a small amount first.
- Do some research on any crypto you want to invest into. Guilty until proven innocent is the best approach. Avoid anything that doesn't have full public access to the blockchain and a GitHub page with all the code. If it's centered around a company/page and has incentives/affiliate/lending programs it's 100% a ponzi (BitConnect & Co...).
- Trust nobody. Not even me  Grin

Seems to you have experiened a lot, right? Thank for your sharing. Please let me convert into my lesson.

ULTIMA                     Bitcointalk     Ⓤ     Discord     Ⓤ     Twitter     Ⓤ     Whitepaper

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January 18, 2018, 05:13:10 PM
 #5291

How many days does it take for a litecoin sent with zero fees to bounce back to original wallet or get approved?
idk ..but with reg fees 0.30 I can transfer from GDAX to BINANCE almost instantly.
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January 18, 2018, 05:17:55 PM
 #5292

if we notice, it is true that there is much event which is happening lately, such as the market continues to fall and stocks continue to decline. it is of course that situation makes many people feel disadvantaged .in fact, there are some people trapped in panic sale because they afraid to losing their chance in alternative coin like litecoin. but if they are be patient a little longer they would not miss this chance.  Embarrassed

People should just chill and hodl. Studies show that hodlers and day traders receive the same gains.

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January 18, 2018, 05:24:05 PM
 #5293

Total noob here.  Ive been studying cryptocurrency and blockchain technology for a couple weeks and I have a couple questions. I wont be starting out with a lot of money tied up in this.  I am only going to start with around $500.  Any suggestions as to dos and donts or any general advice would be nice.

Thanks,

The Noob
idk what risk level you like, BUT if it was me and I had 500 to start with..i would buy 2 LTC cause<3.... then gamble the rest on up comers like Tron and or Stellar/ Verge and try for big gains or losses. their all kinda crap coins but they blowing up today all 60 - 80% up today and they cheap so you can get a lot for 100.

 or you could be smart and buy 2.5 LTC and watch it grow...but that's not as exciting as catching a pump..or as painful as getting the Dump. lol
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January 18, 2018, 05:25:33 PM
 #5294

if we notice, it is true that there is much event which is happening lately, such as the market continues to fall and stocks continue to decline. it is of course that situation makes many people feel disadvantaged .in fact, there are some people trapped in panic sale because they afraid to losing their chance in alternative coin like litecoin. but if they are be patient a little longer they would not miss this chance.  Embarrassed

People should just chill and hodl. Studies show that hodlers and day traders receive the same gains.
Stocks are not falling lol  Grin( IN THE USA)
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January 18, 2018, 06:07:13 PM
 #5295

Will Litecoin go down to $100???

No, I don´t think so. But if it does, I will buy more LTC.

Thats right. Because litecoin is actually the only big coin which you can use to transfer fast to another exchange and buy other altcoin with them. So its just a question of time when it will rise again!

No thats not really true. I exchanged some Bitcoins on Bitfinex to exchange them to LTC (about 1.15 LTC) and I couldn't even withdraw them to anywhere, because they only let you withdraw LTC worth of $250 which literally angers me. Exchanged it to some other alts and hoping it'll grow. But still believe in LTC, just the situation Bitfinex offers, isn't the best at all. So if you plan to buy LTC worth less than $250, just don't buy it on Bitfinex, since they also charge a "small" deposit fee of 0.0008 BTC.

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January 18, 2018, 06:29:06 PM
 #5296

I have a question. Bitmain just announced a new Litecoin miner, if you ask me it is the old one but with new name - A3. However this time they will ship it in 10 days, not months like before which means that the market will be flooded with machines. Wouldn't this influence the price of LTC, I think it will.

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January 18, 2018, 06:55:16 PM
 #5297

I have a question. Bitmain just announced a new Litecoin miner, if you ask me it is the old one but with new name - A3. However this time they will ship it in 10 days, not months like before which means that the market will be flooded with machines. Wouldn't this influence the price of LTC, I think it will.

Yeah, you'd get about $505 a day with the new A3, but sadly it was already sold out after 2 minutes. But seems actually pretty fair with a price of 2375 US$. You'd have paid it in 2 weeks or even less depending on your electricity bill. If you want you can add https://shop.bitmain.com/productDetail.htm?pid=00020180116164357365a2ljX8gx06D3 to your favorites and check whenever they're in stock again.

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January 18, 2018, 07:00:52 PM
 #5298


No need to quote the OP to tell about that awesome news by the way where is that I'm unable to find into this post. Did you read that carefully this was posted almost 7 years ago.

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January 18, 2018, 07:07:25 PM
 #5299

I have a question. Bitmain just announced a new Litecoin miner, if you ask me it is the old one but with new name - A3. However this time they will ship it in 10 days, not months like before which means that the market will be flooded with machines. Wouldn't this influence the price of LTC, I think it will.

Yeah, you'd get about $505 a day with the new A3, but sadly it was already sold out after 2 minutes. But seems actually pretty fair with a price of 2375 US$. You'd have paid it in 2 weeks or even less depending on your electricity bill. If you want you can add https://shop.bitmain.com/productDetail.htm?pid=00020180116164357365a2ljX8gx06D3 to your favorites and check whenever they're in stock again.

Wow, is a really good bargain at $2300, that's for sure, nomather it was sold out so quickly! You pay about 12 LTC and double your investment in less than a month!

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January 18, 2018, 07:21:59 PM
 #5300

The idea of litecoin was originally perfect-to create a coin 4x faster (time block 2.5 minutes vs 10 minutes for bitcoin)! Plus cheap transaction (much cheaper than bitcoin). Charlie Lee does good, thanks to him, new updates litecoin takes much faster than bitcoin, cause they doesn’t have such leader like Charlie Lee! The question is how they can support their ideas on software level, but for now it's digital silver! Wink

                                                                               
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.◆ ◆ ◆ ONE TOKEN TO MOVE ANYTHING ANYWHERE ◆ ◆ ◆.
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