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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1463943 times)
Searing
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June 20, 2018, 03:19:32 AM
 #6221

you are probably right. you have two options really (well, three)

1. power down and wait for prices to rise
2. keep mining on speculation
(3). it's cheaper to just buy the coin.

Mining on speculation is really dumb if you do have the opportunity to purchase the coin cheaper elsewhere. You are better off switching to a more profitable coin, sell that coin and buy Litecoin.

there is NO better coin...if so it just saves me 5c a day..big whoop...at 8000mh and 90% of all miners that mine pow-scrypt are all in the hole at 35c a day or some

such..because 90% of the pow scrypt miners that still manage to run are Bitmain L3+'s...what do you think is gonna happen when they all shut off? diff drops.they

all turn on ..diff goes up...I've been watching it yo/yo between 35c loss a day to 50c loss a day for last 2 weeks

if they go off...they all go off and again...some relief on the other pow-scrypt coins..but NOT enough to matter ..this includes the algo at prohashing

and god help the pow scrypt world if bitmain mines a say supposed 3x the hash same watts machine all summer before preorders in late fall

pow scrypt could frigging die....

saw it with scrypt N one week 12-15 coins (including vertcoin) than poof...all gone when knc titans did the scrypt N patch

crap can tank and/or the only one left able mine the pow scypt network of any asic coin flavor etc is bitmain

again, difficulty has outstripped the machines available and they are the LATEST machines....if NO price recovery ...all pow scrypt coins could tank big time

just from this network pow-scrypt farce...

again, hope I'm wrong ...but not looking like it ...again if someone has 1/2 the elec rate of me on an L3+ and is losing 25c a day vs my 50c a day...they

too will shut off ...and if diff dumps all will turn machines on again and 3 days later same diff with the difficulty ..back to your loss depending on your elec costs

but you always lose at the present prices...I need 115 ltc with a month on 8000mh just to break even on electric big whoop

again, not looking good ...too many of the same miners ...too little cost for pow-scrypt coins...no way out I can see but a crash


(again, not to be harsh..beat me up, smarter minds than me...but everyone has the same toaster and I am assuming all will go off at the same time if this

becomes unsustainable....you can mine a month or so at a loss ..but eventually, you just shut it off...with all the same equipment...we could yo/yo quite a

bit and be bled dry in smaller bits...but eventually folk will tire of chasing this car and scrypt-pow as a  network method will suffer

again beat me up ..hope I'm dead wrong..all my miners wish you well in beating me up

brad



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frerejaak
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June 20, 2018, 05:37:49 AM
 #6222

Litecoin is spreading fast, i think it’ll be one of the biggest cryptos to get used in online transactions, not for regular groceries and stuff but mostly for bigger spendings

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June 20, 2018, 02:43:37 PM
 #6223

Well hopefully this UK futures news can possibly bring some better sentiment and give LTC more credibility
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June 20, 2018, 02:46:17 PM
 #6224

actually its tempting me to buy 5K hash of L3 for a price of 63LTC total, and with electricity of 0.07 usd per day, maintance vs profit at hashnest is 57%, ill make 100 usd per week, and i am prety sure, LTC will rebound, difficult to be i dont know less or more, probably more, and prices of machines i also dont know probably less. But i think ONT will do much more then LTC + mining or ETH. So iw illl wait  7.2K BTC then 25% max back to L3.
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June 20, 2018, 05:47:48 PM
 #6225

I like this project in that Litecoin is the result of some of us who have teamed up in IRC to create a real alternative currency like bitcoin. We wanted to make a silver coin for Bitcoin's gold. Various alternative currencies came and went.
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June 24, 2018, 07:26:27 PM
 #6226

Hi guys, would you buy more ltc currently? The price is very appealing but I'm concerned about the absence of new projects for ltc.
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June 25, 2018, 11:03:21 AM
 #6227

yes, buy them more its good entry point, also for other coins, dont save the cash, buy and hodl hodl,
NrX
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June 25, 2018, 11:09:55 AM
 #6228

I will also agree on the $100 to come very quickly as soon as market's see reverse trend. It is still early to define the mood of market movers but overall we can consider this floor as safe buying. Total market capitalization has reached at bottom apparently. If downtrend continues this was not last longer as markets need to build confidence and for that rebounding becomes necessary.
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June 25, 2018, 11:15:59 AM
 #6229

the price is going down along with other alt coins.. Is it good option to buy litecoin now and hold it to get the benefits in future?
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June 25, 2018, 12:45:06 PM
 #6230

the price is going down along with other alt coins.. Is it good option to buy litecoin now and hold it to get the benefits in future?

LTC is one of the most stable coins out there. Fast transactions, reliable team. 80$ is a steal, better fill up the bag.
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June 25, 2018, 12:53:11 PM
 #6231

Current situation is very panic because all what happening without any big reason I think so price will be more higher after this phase. Crypto are here to stay and will remain for forever soon it will become more useful.
Liquid Intellect
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June 25, 2018, 01:05:56 PM
 #6232

Current situation is very panic because all what happening without any big reason I think so price will be more higher after this phase. Crypto are here to stay and will remain for forever soon it will become more useful.
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. 
Oleg88
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June 25, 2018, 01:22:44 PM
 #6233

I think litecoin has a lot of potential. It is perfect for long-term investments. I hope at the end of 2018 it will cost $ 500. Who has any thoughts on this?
ioanbtc
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June 25, 2018, 01:25:14 PM
 #6234

I think litecoin will recover and grow at 300$ in three months. Don't sell it for so low money. I think is better hold at least 2 months and see the trends.

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June 25, 2018, 01:26:57 PM
 #6235

I think litecoin has a lot of potential. It is perfect for long-term investments. I hope at the end of 2018 it will cost $ 500. Who has any thoughts on this?

At the moment it is hard to predict what is going to happen current movement is really strange than it looking hard to see $500 for per coin by end of current year. Even anything can happen into this cryptoworld if BTC will get succeed to make comeback and will finish above 20k than we could see this.
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June 25, 2018, 01:29:55 PM
 #6236

Current situation is very panic because all what happening without any big reason I think so price will be more higher after this phase. Crypto are here to stay and will remain for forever soon it will become more useful.

Saying without any big reason is a little bit negligent of reality. The big reason could be that it's not 100% clear what role blockchain will play in our daily lives, and that is indeed a huge reason.

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mercedes321
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June 25, 2018, 01:35:20 PM
 #6237

LTC mining is at 70% maintance vs profitability, it came as low as 75% and that is in china at 0.07usd per KWH, so it is a mining global squezze like the saudies with the oil at 40s level, same goes with the BTC, which is actually at 80s maintance vs profit level, in china.  And next year its halving of LTC, i am preety bulish bcs of this 3 fundamentals, 1. 250 B market holds, 2. mining is at critical level, 3. halving next year. So its a safe buy.
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June 25, 2018, 01:49:30 PM
 #6238

It seems to me that the project already has a stable audience and a lot of new supporters of the project are coming. I think it's right time to buy coins in large quantities for the future because the future may be a very large increase.
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June 25, 2018, 01:53:09 PM
 #6239

LItecoin will always have a future, and there is still a long way to go for alot of the coins in teh market. But litecoin has made a name for itself and isnt doing anywhere. I love using it actually and use it quite often. I hope to see more places accepting the coin soon. Who knows maybe a future etf on litecoin would be nice.
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June 25, 2018, 03:56:59 PM
 #6240

LTC is well suited for long-term investing. Despite the recent market turmoil, it can be seen that it has gradually recovered. Now is a good time to buy Smiley

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