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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1275636 times)
technerd
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January 25, 2018, 02:34:38 PM
 #5381

I don't have the hardware resources to do mining anymore.  Would anyone know if there's still a way to mine for LTC given this constraint. For example, is there any reputable site allowing us to join and mine?

No. Buying mining contracts (cloud mining) was never profitable. It has the same price/difficulty risks as mining with your own hardware. Plus you cannot sell the hardware if you want to get out.

I see. Thanks. So, it seems the best way/only way to get LTC now is by buying. Is that right?

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Totscha
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January 25, 2018, 03:36:01 PM
 #5382

I don't have the hardware resources to do mining anymore.  Would anyone know if there's still a way to mine for LTC given this constraint. For example, is there any reputable site allowing us to join and mine?

No. Buying mining contracts (cloud mining) was never profitable. It has the same price/difficulty risks as mining with your own hardware. Plus you cannot sell the hardware if you want to get out.

I see. Thanks. So, it seems the best way/only way to get LTC now is by buying. Is that right?

If mining with your own hardware is not an option, buying is the only way to get them, yes.

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Ruubs
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January 25, 2018, 04:16:53 PM
 #5383

hope this will push up the price a bit...

https://blog.zebpay.com/introducing-litecoin-on-zebpay-83beb41e291f
aceat64
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January 25, 2018, 04:41:31 PM
 #5384

LTC is surging very high in Koinex exchange in India since 6 P.M.. but I have not seen the same surge in any other exchanges so far, guys any idea?

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January 25, 2018, 04:58:09 PM
 #5385

I don't have the hardware resources to do mining anymore.  Would anyone know if there's still a way to mine for LTC given this constraint. For example, is there any reputable site allowing us to join and mine?

No. Buying mining contracts (cloud mining) was never profitable. It has the same price/difficulty risks as mining with your own hardware. Plus you cannot sell the hardware if you want to get out.

i imagined cloud mining back in 2013 ~ running it on university computers Wink TEKcoin code is forked from LTC and you could in theory mine with cloud servers becuase low diff ~also via staking mechanism and make alot of coins :-D hope this helps ===>

https://yobit.net/en/trade/TEK/BTC

I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! Wink weee™
Bitman78
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January 25, 2018, 05:32:47 PM
 #5386

I am a strong believer in litecoin and it will rise significantly there will be new news coming in the next few days or so don't say I haven't warned you all don't sell Hodl for now and you will reap awards
Krezz2017
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January 25, 2018, 05:43:35 PM
 #5387

I am a strong believer in litecoin and it will rise significantly there will be new news coming in the next few days or so don't say I haven't warned you all don't sell Hodl for now and you will reap awards
And where such awareness? Or is it just blind faith on anything not grounded? For example, I bought it for the purpose of selling more expensive, and it fell even lower, therefore, there is a certain doubt in your words.

OneFear
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January 25, 2018, 05:45:27 PM
 #5388

the price has gone down alot bleh

Compared to the BTC price it was pretty steady if you look in the statistics. It's just the BTC price was pretty high, and when it went down other altcoins will fall too (btc amount will be stable) just the worth of it in $/€ will fall.

alevlaslo
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January 25, 2018, 05:49:27 PM
 #5389

https://bitcointalk.org/index.php?topic=1559630.msg28914327#msg28914327

lonesomestranger
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January 25, 2018, 08:17:58 PM
 #5390

I don't have the hardware resources to do mining anymore.  Would anyone know if there's still a way to mine for LTC given this constraint. For example, is there any reputable site allowing us to join and mine?

As you probably know, the best mining pool for Litecoin is https://www.litecoinpool.org/ . However, GPU mining it is not proffitable anymore and you cannot compete with ASIC miners, but you may give it a shot on Nicehas or Prohashing. Here are the links: https://www.nicehash.com/ and https://prohashing.com/ ! If you have enough money you can invest in an ASIC Antminer L3, is about $3800 on Amazon, or you can invest directly in LTC, by buying it! It's up to you Smiley

Bitman78
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January 25, 2018, 08:58:26 PM
 #5391

I am a strong believer in litecoin and it will rise significantly there will be new news coming in the next few days or so don't say I haven't warned you all don't sell Hodl for now and you will reap awards
And where such awareness? Or is it just blind faith on anything not grounded? For example, I bought it for the purpose of selling more expensive, and it fell even lower, therefore, there is a certain doubt in your words.
Re visit this post in 5 days if its below 145 where its at now I'll give you some free coins from my ICO when it happens that's how much info I know you will see anyway Smiley
denysrodman
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January 25, 2018, 11:11:21 PM
 #5392

Litecoin is priced good right now, and the news of a Lightning Network (LN) with LTC being interoperable with the BTC Lightning Network, could solve a lot of problems for the Bitcoin and Litecoin teams together. I look for the price to increase dramatically once both lightning networks are up and running.

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fapnnap
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January 26, 2018, 03:59:58 AM
 #5393

why did the founder of ltc dump his shares and does that not look bad on the company?
maryannsoriano1145
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January 26, 2018, 04:01:26 AM
 #5394

will anyone be supporting the development of Fairbrix or you will be doing the development of Litecoin
moli1
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January 26, 2018, 05:58:04 AM
Merited by Totscha (1)
 #5395

LTC has held on to the critical support level of $180. However, the bounce doesn’t have any strength, which shows a lack of interest in buyers.
If the bears succeed in breaking down the supports, a fall to $140.001 is likely.
On the other hand, the first signs of a recovery will be on a breakout above $215 levels.
Aggressive traders can buy the LTC/USD pair at $187, which is just above the high of past couple of days.
The stop loss for the trade can be kept at $163 and the target objective is $215.
However, this is a very risky trade, hence, please place it only with less than 50% of the usual allocation.
Spaniarder
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January 26, 2018, 11:08:47 AM
 #5396

LTC has held on to the critical support level of $180. However, the bounce doesn’t have any strength, which shows a lack of interest in buyers.
If the bears succeed in breaking down the supports, a fall to $140.001 is likely.
On the other hand, the first signs of a recovery will be on a breakout above $215 levels.
Aggressive traders can buy the LTC/USD pair at $187, which is just above the high of past couple of days.
The stop loss for the trade can be kept at $163 and the target objective is $215.
However, this is a very risky trade, hence, please place it only with less than 50% of the usual allocation.

Typically don't those end in a uptrend? I think that LTC is getting a lot more attention from those loyal to it.

cryptorusin
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January 26, 2018, 04:25:42 PM
 #5397

Here is my analogy of what could happen. We could be stuck in a rut where prices could be stagnant for some time. Look at past history back in 2014 and it lasted for well over 2 years. All the cc that have been there for some time and well established will be linked to bitcoin. People talk about a breakout just for Litecoin because of its uniqueness but it isn’t breaking out just for its uniqueness. Only some of the small cc’s that you never really here about and the token ones break out because of there still in infancy mode. Litecoin is here to stay and is deeply rooted but for it to be successful according to Charlie lee we need price stability. This could last well over a year. But either way I’m still in. And on that note, stock market is doing well so I’m going to focus a little more on that as I’m sure others are as well.

OWZ1337
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January 26, 2018, 07:57:33 PM
 #5398

LTC has held on to the critical support level of $180. However, the bounce doesn’t have any strength, which shows a lack of interest in buyers.
If the bears succeed in breaking down the supports, a fall to $140.001 is likely.
On the other hand, the first signs of a recovery will be on a breakout above $215 levels.
Aggressive traders can buy the LTC/USD pair at $187, which is just above the high of past couple of days.
The stop loss for the trade can be kept at $163 and the target objective is $215.
However, this is a very risky trade, hence, please place it only with less than 50% of the usual allocation.

Typically don't those end in a uptrend? I think that LTC is getting a lot more attention from those loyal to it.

Charlie Lee isn't even loyal ..he dumped his bags to buy TEKcoin(Litecoin code c++) Wink Added back to Cryptopia ===>

https://www.cryptopia.co.nz/Exchange/?market=TEK_BTC

I am not a Financial Analyst, Investment Broker, Financial Adviser, Crypto-Guru or any sort of professional that would be deemed trustworthy! Wink weee™
haster100
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January 27, 2018, 09:20:06 AM
 #5399

digital gold is bitcoin, silver - LTC, bronze DOGE, oil - ETH, gas - DASH, forest - ETC
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January 27, 2018, 01:15:39 PM
Merited by Makka (1)
 #5400

Let us hope more people take a leaf out of Eleesa Dadiani's book, it can only be good news for Litecoin.

Her most recent deal facilitated the £4m sale of a fleet of racing cars using Litecoin.
http://www.telegraph.co.uk/investing/news/accepted-4m-litecoin-fleet-racing-cars/

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