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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1466175 times)
SparkIt
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March 13, 2018, 06:41:27 PM
 #5761

The value of any asset cannot grow continuously and for a long time. Thus, now we observe correctional waves in all major crypto-currencies.

Chart Litecoin confirm this, now "digital silver" is trading at 165-175. Quotes of the currency are traded below the moving average level, which indicates a short-term bearish trend. In the near future, a test of the lower border near the level 165 is expected, from where one can expect a rebound and an attempt to continue the growth of LTC/USD with a view to above the level 260.
Until the end of this working week, we will see the resumption of the growing trend for Litecoin.

The signal in favor of the growth of the crypto currency will be a test of the support level, as well as a test of the lower boundary of the uplink. Earlier, a medium strength signal was obtained for Litecoin sales, due to the intersection of signal lines at level 180. Expect to accelerate the growth of the crypto currency, with a breakdown of the upper limit and a close above 215, which indicates the resumption of the bullish trend for Litecoin.

Taking into account the functionality and technical characteristics of the cryptocurrency, it is worth counting on a moderate upward movement of quotations.

Most likely, we will see a slow but steady growth to its maximum - 372 dollars per LTC - until the end of the second half of the year and a long simple one in this range.

By the end of 2018, we will see the cost of one LTC, 2 times the current level. In particular, this will happen for the reason that Bitrefill was announced that it will start accepting "digital silver" for the subsequent payment for communication services all over the world. This will be a good example for many other corporations. In this case, the advantage of Litecoin is low commission and high throughput.

Positive forecasts of the course of the crypto-currency are also due to the fact that the news is actively circulating that the BTC will no longer be used as one of the payment methods on Steam, which is the largest playground. In this regard, it is stated that if Lightcoin can replace "digital gold", then the price of the coin will increase significantly in a short period of time to $ 400.
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Crypto__Men
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March 13, 2018, 08:06:54 PM
 #5762

For several years I have been watching the development of Litecoin cryptocurrency, and came to the conclusion that it not only deserves attention, but also may well qualify for leadership. It is not even the cost of one coin, but the total amount of capitalization, which in the coming years may significantly increase. Of course, like any other cryptocurrency, Litecoin has its advantages and disadvantages. In this review, I will share my opinion on how promising this cryptocurrency is, whether it is convenient to use it for mutual settlements and other interesting observations.
zahidmoon
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March 13, 2018, 11:50:27 PM
 #5763

For several years I have been watching the development of Litecoin cryptocurrency, and came to the conclusion that it not only deserves attention, but also may well qualify for leadership. It is not even the cost of one coin, but the total amount of capitalization, which in the coming years may significantly increase. Of course, like any other cryptocurrency, Litecoin has its advantages and disadvantages. In this review, I will share my opinion on how promising this cryptocurrency is, whether it is convenient to use it for mutual settlements and other interesting observations.
i agree lite coin deserves it. and in 1 to 2 years lite coin price will increase more to 300%
its developments are going great
but its value only grow for a limit in time. i think in last year 2017 lite coin gains very good price value. that's a huge success for lite coin team.
2018 progress is good. it seems lite coin is pattern is same like 2017.
crypt0baws
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March 14, 2018, 02:13:52 AM
 #5764








I have quoted this message to remind you at next block halving.  Cheesy


not out on LTC or BTC HODL'ing...I may be out of personal LTC minnig the way I was pushed out of personal BTC mining in 2014....

sigh....

I need another equipment miracle this year...

'unicorn equipment falling from the sky" that makes sense and can ROI in a year w/o the usual bitmain ...dumping them like toaster games...

seems unlikely

brad



or... regulations totally help out smaller miners by closing all the large mining farms and the network hashrate drops tremendously.

meh.. i reckon golden unicorn hardware falling from the sky is probably more likely.

Bitmain might be dumping hardware at the moment, but the prices are really really nice. An S9 decreased from 2400 to 1900 USD with very quick shipment. Not to mention A3.
They also offer tons of discount coupons now - from 100 to 200 USD per machine. All of this is till June. I.e. we could expect any new unicorn coming in the second half of this year Smiley

perhaps the 7nm unicorns? which.. bitmain are probably currently mining with already.

I'm fairly well convinced that this is exactly what they're doing, too.

Ælf; the 3rd gen Blockchain Network. Sign up & earn Ælf! (https://candy.aelf.io/account/register?invitationCode=0L0Y0V0H3F2M)
kobo_eth
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March 14, 2018, 12:54:18 PM
 #5765

Leading crypto news of the day - Google plans to ban any crypto related advertising, starting June 2018.
Market reaction - red color is dominant.

All of this FUD will never end as it seems...

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March 15, 2018, 09:08:04 AM
 #5766

The new token created on the PWR swap is only now based on erc20. Join the P2PEP Token community. Pre-sale on 19.03. https://discordapp.com/invite/7BbsUcj

not even a shitcoin.. more of a shitoken.   Cheesy
david.Bauman
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March 15, 2018, 12:11:05 PM
 #5767

https://tothemoon.live/?IsPast=False&Page=1&Month=0&Year=0&CoinTypes=Litecoin+%28LTC%29&SortBy=0

Any news on LTC?
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March 15, 2018, 01:11:53 PM
 #5768


Yes!
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March 15, 2018, 01:16:19 PM
 #5769

Litecoin is holding its value almost 100% against Bitcoin. All the difference is coming from fiat. This shows lot of things to happen in future as this step towards independence to seek value based on their usage and features for almost every market in newly appeared situation. Once the market is back price will start increasing from here 0.0199 BTC.
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March 15, 2018, 03:06:53 PM
 #5770

Next in turn Lightning positive news. I wonder if this is again the next in turn scam by Litecoin and Bitcoin teams... (although of course I sincerely hope not so)

To Lee's point, thousands of people around the world contributed to today's Lightning release, from volunteer testers who helped find bugs in the original alpha version, to developers like Jim Posen at the exchange platform Coinbase, who contributed code through GitHub.

https://www.coindesk.com/a-version-of-bitcoins-lightning-network-is-ready-for-real-money/?utm_content=buffer5c0e2&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer


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March 15, 2018, 03:22:48 PM
 #5771

Coblee = Charlie Lee? The Market Maker himself!
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March 15, 2018, 03:24:55 PM
 #5772

Litecoin is still not bad at holding. Others fall stronger

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Totscha
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March 15, 2018, 03:30:05 PM
 #5773

Coblee = Charlie Lee? The Market Maker himself!

The legend himself, yes.
forensick
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March 15, 2018, 04:02:25 PM
 #5774

Litecoin has had a great year, and has risen in value by a whopping 4196.16 per cent, so the news that it could be added to the Gemini exchange could really be a great thing for this coin, and could see it dramatically rise in value! Huh Do you agree?
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March 15, 2018, 09:17:31 PM
 #5775

Litecoin is being one of the top performing coins against falling markets for a while now.
Litecoin investors discuss rumors about listing Litecoin on Gemini, that will strengthen LTC positions among cryptocurrency leaders.

From a technical point of view LTCBTC holds above the Bullish Trend Line, it has bounced off this line which supports the bullish scenario.

The coin recently broke above the 0.02 level, and if it manages to hold above and turn this level into firm support, we could expect an uptrend to the previous hights at 0.0207 and 0.0209. Further hights will be open if the price will be able to break the 0.021 resistance.

One of our best long term holds right now.
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March 16, 2018, 08:44:56 AM
 #5776

This just in:
https://twitter.com/SatoshiLite/status/974397377812488192
https://www.abra.com/blog/20-new-cryptocurrencies/
kobo_eth
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March 16, 2018, 12:24:57 PM
 #5777


I didn't get it. What was the "one big unexpected surprise" - "checked" deal?
And what is that words game "Starbucks" and "@Starbucks" Sad

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March 16, 2018, 01:48:20 PM
 #5778

Litecoin is being one of the top performing coins against falling markets for a while now.
Litecoin investors discuss rumors about listing Litecoin on Gemini, that will strengthen LTC positions among cryptocurrency leaders.

From a technical point of view LTCBTC holds above the Bullish Trend Line, it has bounced off this line which supports the bullish scenario.

The coin recently broke above the 0.02 level, and if it manages to hold above and turn this level into firm support, we could expect an uptrend to the previous hights at 0.0207 and 0.0209. Further hights will be open if the price will be able to break the 0.021 resistance.

One of our best long term holds right now.
i agree its holding good, but market will be in tight range compare to the king... and by the way, this one is aperantly cripto killer wanna be Smiley

https://www.ccn.com/bitcoin-is-a-crock-politician-received-biggest-donation-from-company-at-crypto-risk/

companies like paypal, etc, will not surrender without a fight. but there model is aperantly getting like a stone age. first we had vinjel, then casets, then disks, then dvds, then USB, then now iphones ...and at money we had gold & silver coins, still do, then printed one, then checks, then credit cards, then just cards, now we have just an app on iphone,..who needs paper...
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March 16, 2018, 01:56:14 PM
 #5779


I didn't get it. What was the "one big unexpected surprise" - "checked" deal?
And what is that words game "Starbucks" and "@Starbucks" Sad

The second link is the explanation...
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March 16, 2018, 02:55:13 PM
 #5780

Sending Cryptocurrency To Email
Even if the recipient doesn’t have a wallet yet
When PayPal started, they allowed to send money to an email address of another PayPal user. Users didn’t have to exchange any wallet numbers prior to payment. Another smart move: this worked even if the recipient was not a PayPal user yet. He was prompted to sign up and instantly take the money.

In cryptocurrencies, we are still sending payments to cryptic addresses like 1BtjAzWGLyAavUkbw3QsyzzNDKdtPXk95D or TKT4UESIKTTRALRRLWS4SENSTJX6ODCW, the recipient has to be already in the system, and we need to ask him about his address. And after a payment is sent, there is no easy way to tell who was the recipient. Not quite user friendly for mass adoption.

Now, this is going to change.

With the release of Byteball wallet version 2.0, Byteball users can send Bytes to email. Even if the recipient is not in Byteball yet.

The sender just writes an email address where he would normally write a Byteball address:


When he hits “Send”, his email app is opened with prefilled text for the recipient. The sender can edit it before sending.

The recipient receives an email like this:


He clicks the link and the money is added to his balance. If he doesn’t have a wallet yet, he is prompted to install in order to receive the money.

Simple as hell.

When PayPal was starting, email was the only wide spread method of P2P communication over the Internet. Now we have a lot more options, some of them are even more convenient, especially on mobiles.

When the sender is on a mobile phone and switches to “Share via message” tab (see the screenshot above), he is able to use all the options available through the phone’s standard “Share” menu: text message, Telegram, WhatsApp, WeChat, Signal, Viber, Slack, Facebook Messenger, Skype, etc. The recipient receives the same link, but through a chat app.


In any case, the money is delivered through text media, that’s why we call it textcoin.

On the technical part, the link which is delivered contains a BIP39 mnemonic (we use dashes instead of spaces to avoid confusion with wallet seed). Only one address, with path m/44'/0'/0'/0/0, is generated from the mnemonic, the coins are actually sent to this address. When the recipient claims the funds, his wallet restores the private key from the mnemonic (everything happens in the background and looks instantaneous), and sweeps the entire balance from this address to one of his own addresses.

Double fee has to be paid, first to fill the temporary address where the money is stored in transit, then to sweep its balance. The sender adds a small amount to cover the fees spent when sweeping. So, the amount displayed in the email or text message is the exact net amount. This is to make it clearer for the recipient, especially when he is new to crypto.

The textcoins might be delivered through insecure media, such as emails or unencrypted chats. That’s why it is recommended to use them only for small amounts or through end-to-end encrypted chats, such as Signal, WhatsApp, and iMessage.

If the sender makes a mistake in the email address or chooses a wrong recipient, the money is not lost. The sender can claim the money back using the same mnemonic. It is saved in the wallet for such occasions, and a “claim back” link is available on transaction details page.

This is like PayPal but with one important difference. The money is not kept in custody of PayPal or any other third party. The money is sent directly, from sender to recipient, peer-to-peer, in the spirit of crypto.
Coblee = Charlie Lee? The Market Maker himself!
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