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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1459693 times)
Searing
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May 06, 2018, 02:05:52 AM
Merited by SparkIt (1)
 #6081

@searing you must be happy again atm hope you ll get some profit lately you ve been crying a lot  Smiley  Wink  Wink  Wink

@searing you must be happy again atm hope you ll get some profit lately you ve been crying a lot  Smiley  Wink  Wink  Wink

Sorry, but with the 'supposed' best scrypt-pow miner and fastest at 500mh and 800watts....Bitmain unit...well, getting $1.39 a day at the

low AFTER electric...this is at a $180 LTC price....anyway $1.39 LTC, was NOT an enjoyable experience...

We are in better shape, not out of the woods yet, but as of this moment I get below at $2.39 per day vs my low of $1.39 a day!

24 hours   0.02821928 LTC   5.08 USD   2.69 USD   2.39 USD
7 days   0.19753499 LTC   35.56 USD   18.82 USD   16.74 USD
30 days   0.84657854 LTC   152.38 USD   80.64 USD   71.74 USD

STILL, need at least 200 USD for LTC IMHO, just to keep everything above the difficulty rise...lots of new equipment...

I figure we need to STAY above $200 bucks for LTC, JUST to stay above $2 coin...with the further difficulty rises in the short term

but yeah, was panic'ing like a 12-year-old child at $1.39 for an L3+ or 69c a day for an L3!

ugly, ugly, indeed

the NIGHTMARE scenario is that difficulty outstrips the ability of an L3+ to keep running. Not talking, buying just running! This could

well be in doubt, IF Bitmain tosses out new equip (rumor) at 1.5gh and 400 watts and mines it all summer, as is how they usually do stuff,

before eventual 'consumers' get the units in the fall of 2018. Thus the nightmare scenario is EVERYONE is 'just out of reach' in mining LTC, or

indeed likely any scrypt-pow coin...and ALL scrypt-pow shifts to Bitmain Data Halls and the need at that *unlikely if scary* point of time

where the choice is to STOP MINING everything but the new consumer product of above (pre-order per usual) in the Fall of 2018...

The old, we missed it by 'this much' ...would be an ugly choice, if the only thing worth mining is to say a new Bitmain unit in the fall at 1.5gh

and 400 watts, while watching Bitmain drive difficulty (and all other scrypt-pow Bitmain units) into the dirt as NON-viable. So your choice

would get out of scrypt-pow mining, even at a 'hobby' one unit level OR buy from Bitmain with a pre-order for a better (only) say 1.5gh

400-watt NEW miner ...ie start over...

not attractive, not likely, but very, very ugly choice wise

less likely now at $2.39 LTC....looking kinda likely at $1.39 LTC a couple weeks ago or so...

(shudder, scared self)

This is the trouble WITH A MONOPOLY, as Bitmain has, they could mess up, and actually be the ONLY ones that could run scrypt-pow at a profit

all summer, don't think that is what they want, but monopolies tend to 'eat their own young' and 'sometimes self-destruct with greed' so they

could mess up and ONLY have themselves to blame...again now they are being cute and consumers are paying for R&D for new stuff etc, they

could find themselves as their ONLY customer, which likely they don't want...so ugly for us and them and all...If the price of LTC, does not keep pace at

least somewhat with difficulty (or as I like to say Bitmain's toaster out the door policy...of 'consume mass quantities business model!




So yeah, the current way Bitmain plays it ...we buy e provide income for R&D etc, on our 'pre-orders' they can hedge their bets on new ASIC's

if that was to break down....where ONLY they could mine the stuff or get the new miners with any certainty of profit...the whole 'neato' Bitmain

profit model would not stop, but slow down quite a bit, IMHO

Anyway, what to I know, at one time I drank the BFL kool-aid....but a world where L3+'s can't make it anymore....and another round of new

miners for scrypt-pow is the only option, well, I saw that when BTC mining went pretty far afield from 'home mining' in 2013.....

Again, unlikely but was a real scenario at the current difficulty and $1.39 LTC per L3+ per day, after electric, a couple weeks ago!

(again, I know zip, but if you see enough 'train wrecks' you, think you know what you are talking about and get, more than a bit skittish) Smiley




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dirruk
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May 06, 2018, 11:11:28 AM
 #6082

yeah i am not a miner myself but have read up on it a little on diffrent sites and saw what you mentioned about bitmain popping up a lot

was ofcourse thinking about learning myself but decided not to

the way i look at it its far more profitable to trade in those miners then to mine yourself with a all the hassle that comes with it

don t think ltc will be going to 200 dollar anytime soon allthough it would be great

hope for you it will pick up for you @searing

crypto research discord https://discord.gg/vGZzB4w

great info about legit projects and scamcoins
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May 06, 2018, 12:22:48 PM
 #6083

Let's hope more money by fresh investors will be injecting into Litecoin's market. We are watching a small wave of correction for last few hours which will rearrange the markets positions for next rise. Litecoin's market is in awaiting mode to see some support from those profit takers who will choose unchanged markets for next ride.
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May 06, 2018, 07:44:05 PM
 #6084


But can we honestly say that POW is sustainable for the future?

Most of the new projects in crypto are built on DPOS, do they know something we dont?

I can't help but think that POS is the future, maybe in the distant future though.


Yeah, there's a lot to think about.. I think it will be interesting to observe the experiment of the Ethereum devs team. To which end results will they come and what will be a consequences for the network. I mean the Casper protocol implementation.



Searing thank You for calculations. This is very useful information for deciding to enter in LTC.
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May 06, 2018, 08:13:08 PM
 #6085

Let's hope more money by fresh investors will be injecting into Litecoin's market. We are watching a small wave of correction for last few hours which will rearrange the markets positions for next rise. Litecoin's market is in awaiting mode to see some support from those profit takers who will choose unchanged markets for next ride.
yes more new investors more market cap and volume
it takes lite coin to the higher price
and according to the analysis there are not much peoples are in crypto yet
from many countries crypto and ICOs are ban or illegal. that's why people are afraid to get in but i think soon this will be okay and ban will lift off 
AlloM
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May 07, 2018, 10:57:11 AM
 #6086

The price of litecoin will soon go up because of the news and of technical anaylis! Trading view analysis showing good sign

This whole ecosystem is dependent on the growth of BTC price if this will get some green than we will effect on this coin too. I also like this coin and have goal of long term from my point this will be into strong position in coming years.
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May 08, 2018, 04:57:51 PM
 #6087

Its all mentally, how much disappointment, restart rally, and losses can you take before you give up and give them your coins ?? You have to look through fud and have a strong hand to survive. Mindset / patience is everything in this space. There's nothing cunning if you do not do anything when you can take advantage of price fluctuations and extreme volatility.
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May 08, 2018, 08:02:04 PM
 #6088

I think that Lightcoin will do 2-3 x within two months, we'll see.
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May 09, 2018, 01:50:47 PM
 #6089

-LITECOIN RESISTANCE- original and limited abstract paintings
Price 400 USD


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May 10, 2018, 10:08:01 AM
 #6090

Litecoin has been recognized by the market in recent years and has grown into a first-class coin project.
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May 10, 2018, 02:44:55 PM
 #6091

Here LTC buy at 0.02 BTC Shocked https://exvo.io/markets/ltcbtc
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May 11, 2018, 07:32:32 AM
 #6092

Here LTC buy at 0.02 BTC Shocked https://exvo.io/markets/ltcbtc

It's a new exchange with almost empty order books. Of course the prices are strange...
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May 11, 2018, 07:35:29 AM
 #6093

Let's hope more money by fresh investors will be injecting into Litecoin's market. We are watching a small wave of correction for last few hours which will rearrange the markets positions for next rise. Litecoin's market is in awaiting mode to see some support from those profit takers who will choose unchanged markets for next ride.

I think not only litecoin there are many other potential coins facing the same situation in the market. See how NEO is also facing a lot of issues to survive its price, but for everything, it will take some to reach their previous value.
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May 11, 2018, 07:32:11 PM
 #6094

Let's hope more money by fresh investors will be injecting into Litecoin's market. We are watching a small wave of correction for last few hours which will rearrange the markets positions for next rise. Litecoin's market is in awaiting mode to see some support from those profit takers who will choose unchanged markets for next ride.

I think not only litecoin there are many other potential coins facing the same situation in the market. See how NEO is also facing a lot of issues to survive its price, but for everything, it will take some to reach their previous value.
yes market is going down with all good coins
right now litecoin is little low but not that low
i think bull will again on the run and prices will again go high but its will take little time
neo is totally different from litecoin neo have more compitators but i think lite coin have very few
Searing
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May 12, 2018, 04:13:31 AM
 #6095

Let's hope more money by fresh investors will be injecting into Litecoin's market. We are watching a small wave of correction for last few hours which will rearrange the markets positions for next rise. Litecoin's market is in awaiting mode to see some support from those profit takers who will choose unchanged markets for next ride.

I think not only litecoin there are many other potential coins facing the same situation in the market. See how NEO is also facing a lot of issues to survive its price, but for everything, it will take some to reach their previous value.
yes market is going down with all good coins
right now litecoin is little low but not that low
i think bull will again on the run and prices will again go high but its will take little time
neo is totally different from litecoin neo have more compitators but i think lite coin have very few

Finding that I'm losing faith, mt. gox has 1.9 billion in USD of BTC to move before the end of the year...assuming it goes more than 1 year since the debt was paid and now they

are just moving BTC to finish the liquidation...which they probably need to do before 2019 as trustees if they wish to get paid their fees....trustees will want to get paid ASAP...
..
they are doing this so badly, that we could be back to 60 buck LTC and 3k BTC ..they always panic sell at the low by selling on an exchange and shooting themselves in the foot

being appointed by banks, I wonder if they are just not doing this on purpose and shorting....seems awful stupid for getting the best price for BTC for the liquidation

so until that is resolved..it is gonna be a wild ride boys and girls for any crypto...


Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 1/1/19. It also works with Windows 10 and allows 16 bit DOS game doors on the same Win 10 Machine! Five Minute Install! Look it over uninstalls just as fast! Freeware! Full BBS System! It is a frigging hoot!:)
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May 12, 2018, 09:20:43 AM
 #6096

I think litecoin is one of most potenial coin, many benefits will be gained by people from this project. hopefully, for the progress will be smooth
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May 12, 2018, 09:27:55 AM
 #6097

What makes it better than others?
dirruk
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May 12, 2018, 11:43:47 AM
 #6098

Let's hope more money by fresh investors will be injecting into Litecoin's market. We are watching a small wave of correction for last few hours which will rearrange the markets positions for next rise. Litecoin's market is in awaiting mode to see some support from those profit takers who will choose unchanged markets for next ride.

I think not only litecoin there are many other potential coins facing the same situation in the market. See how NEO is also facing a lot of issues to survive its price, but for everything, it will take some to reach their previous value.
yes market is going down with all good coins
right now litecoin is little low but not that low
i think bull will again on the run and prices will again go high but its will take little time
neo is totally different from litecoin neo have more compitators but i think lite coin have very few

Finding that I'm losing faith, mt. gox has 1.9 billion in USD of BTC to move before the end of the year...assuming it goes more than 1 year since the debt was paid and now they

are just moving BTC to finish the liquidation...which they probably need to do before 2019 as trustees if they wish to get paid their fees....trustees will want to get paid ASAP...
..
they are doing this so badly, that we could be back to 60 buck LTC and 3k BTC ..they always panic sell at the low by selling on an exchange and shooting themselves in the foot

being appointed by banks, I wonder if they are just not doing this on purpose and shorting....seems awful stupid for getting the best price for BTC for the liquidation

so until that is resolved..it is gonna be a wild ride boys and girls for any crypto...



love your posts at least your not sugarcoating it

crypto research discord https://discord.gg/vGZzB4w

great info about legit projects and scamcoins
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May 12, 2018, 01:39:38 PM
 #6099

Litecoin is a peer-to-peer Internet currency that enables instant, near-zero cost payments to anyone in the world. Litecoin is an open source, global payment network that is fully decentralized without any central authorities. Mathematics secures the network and empowers individuals to control their own finances. Litecoin features faster transaction confirmation times and improved storage efficiency than the leading math-based currency. With substantial industry support, trade volume and liquidity, Litecoin is a proven medium of commerce complementary to Bitcoin.
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May 12, 2018, 05:56:21 PM
 #6100

http://Litecoin is now ready for cross-chain dapps with the Blocknet Protocol!



Now that Litecoin is compatible with the Blocknet Protocol, it can be used in cross-blockchain dapps and traded on beta Block DX!

You can read more about Blocknet, the Blocknet Protocol, and Block DX here:

https://blocknet.co

https://sites.google.com/view/blocknet/directory

To get started with trading on Block DX, follow this setup guide: https://docs.google.com/document/d/1ciwLFSXwv6CXd3QEvVW88lHXo9CSIlweYOoSbDHkies/preview

The setup is in the process of being automated/abstracted so it's much easier and streamlined to use for beginners. In addition to that, in July we are planning to release SPV support which will allow for the creation of litewallets so whole blockchains will not need to be downloaded.
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