[ANN] Litecoin - a lite version of Bitcoin. Launched!

[kissubaby]

only 378 pages, after so many years

[1656383941]

1656383941

[Searing]

How does halving even matters for litecoin when charlie lee himself thinks this
https://toshitimes.com/charlie-lee-thinks-about-increasing-litecoins-max-supply/

Would it even be possible for him to make that happen? Wouldn't the large majority of miners have to agree?

If there is even serious discussion of Litecoin or any other Crypto including Bitcoin, getting rid of the 21 million limit, I will cash out to USD ASAP.

I mean, if that is the case, the jig is up and crypto is simply being manipulated like the usd currency by the Federal Reserve.

Again, I'd be so out so fast into USD.

Brad

[mindrust]

What do the TA experts  call this? Double top?



Whatever it is, it doesn't look too bright. 200DMA got breached which is alarming.

[bitpotter]

Wow... This ann since 2011. It's the best... I think litecoin is old coin. But when i see this tread. Litecoin born on here also. Nice very nice... I like litecoin. I hope litecoin price will jump so high

For older players, you certainly won't be surprised like you, but this is how the existence of Litecoin is a cheap version of Bitcoin, I always buy Litecoin for the long term because it is definitely safe and reliable.

[mindrust]

What do the TA experts  call this? Double top?



Whatever it is, it doesn't look too bright. 200DMA got breached which is alarming.

350DMA gone too. Sub 0.01 any time now.

[btcyoda]

How does halving even matters for litecoin when charlie lee himself thinks this
https://toshitimes.com/charlie-lee-thinks-about-increasing-litecoins-max-supply/

Would it even be possible for him to make that happen? Wouldn't the large majority of miners have to agree?

max supply increasing means new hope for miners, but max supply according to coinmarket cap is 84 million and circulating supply is 62.35 million still there is alot of coin for miners no need for increasing the max supply but in future it will be needed. but then price could be more high.

Yes, you are right miner are accurately mining the LTC and greater probability to increase the circulating supply in the market. Now the market is slowly recovering and huge chances to get awareness about the LTC, which miner will concentrate more on the litecoin mining.

[lonesomestranger]

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Check it out: https://travelbybit.com/Litecoin-Summit-2019

[kuduirt]

0.0096>0.0044>0.020 near halving date? ?

[mindrust]

What do the TA experts  call this? Double top?



Whatever it is, it doesn't look too bright. 200DMA got breached which is alarming.

350DMA gone too. Sub 0.01 any time now.

Sub 0.01 now.

0.009698 and going down. Targetting 0.007

[Sellman]

Sub 0.01 now.

0.009698 and going down. Targetting 0.007

As I expected weeks ago, after halving effects go away, Litecoin price will fall back to below 0.01 BTC, and even hit bottom where it started. It is a little bit difficult to see Litecoin reaches 0.005 BTC again, but I think the coin will fall to somewhere from 0.006 BTC to 0.007 BTC as you predicted. A massive massacre of altcoins have come, and we will see good price of altcoins to enter.

[kuduirt]

A massive massacre of altcoins have come, and we will see good price of altcoins to enter.

man what u think about halving date?thanks

[Sellman]

man what u think about halving date?thanks

Temporarily, I think more about halving of price. However, I am an optimistic investor, so I think I will be fine. Price halves, but it will double (or more than double) later, so I will be fine at the end. Be determinant with your decision, during current phase of crazy market, and you will be fine. If you feel like you are not able to do the right things now, please turn off your computers, and come back weeks later.

[germsite]

How does halving even matters for litecoin when charlie lee himself thinks this
https://toshitimes.com/charlie-lee-thinks-about-increasing-litecoins-max-supply/

Would it even be possible for him to make that happen? Wouldn't the large majority of miners have to agree?

If there is even serious discussion of Litecoin or any other Crypto including Bitcoin, getting rid of the 21 million limit, I will cash out to USD ASAP.

I mean, if that is the case, the jig is up and crypto is simply being manipulated like the usd currency by the Federal Reserve.

Again, I'd be so out so fast into USD.

Brad

That doesn't really answer my question, but what fo you think if LTC would increase its supply significantly?

[Searing]

How does halving even matters for litecoin when charlie lee himself thinks this
https://toshitimes.com/charlie-lee-thinks-about-increasing-litecoins-max-supply/

Would it even be possible for him to make that happen? Wouldn't the large majority of miners have to agree?

If there is even serious discussion of Litecoin or any other Crypto including Bitcoin, getting rid of the 21 million limit, I will cash out to USD ASAP.

I mean, if that is the case, the jig is up and crypto is simply being manipulated like the usd currency by the Federal Reserve.

Again, I'd be so out so fast into USD.

Brad

That doesn't really answer my question, but what fo you think if LTC would increase its supply significantly?

I thought I was kinda obvious my last post. This would be as they say, " A very, very bad thing'

It would be Litecoin's Death, for most folk in HODL mode, it would destroy Litecoin.

Without a 'firm amount of Litecoin' and, by increasing the Litecoin coin capacity firm ceiling on the amount of Litecoin over 21 million, well, Litecoin would be no more!

I'd dump it all on finding such out the same day.

Folks would probably then go back to Bitcoin with a 21 Million Cap on Coin. No one is that stupid to hold a pow coin, where they raise the coin cap after the fact!

This would be bad. Very Bad.

Brad

[igorttomic]

Why You Need To Understand Bitcoin And Litecoin Halvings: https://www.publish0x.com/at-scottcbusiness/why-you-need-understand-bitcoin-and-litecoin-halvings-xdnzpd

[XCASH]

How does halving even matters for litecoin when charlie lee himself thinks this
https://toshitimes.com/charlie-lee-thinks-about-increasing-litecoins-max-supply/

Would it even be possible for him to make that happen? Wouldn't the large majority of miners have to agree?

If there is even serious discussion of Litecoin or any other Crypto including Bitcoin, getting rid of the 21 million limit, I will cash out to USD ASAP.

I mean, if that is the case, the jig is up and crypto is simply being manipulated like the usd currency by the Federal Reserve.

Again, I'd be so out so fast into USD.

Brad

That doesn't really answer my question, but what fo you think if LTC would increase its supply significantly?

I thought I was kinda obvious my last post. This would be as they say, " A very, very bad thing'

It would be Litecoin's Death, for most folk in HODL mode, it would destroy Litecoin.

Without a 'firm amount of Litecoin' and, by increasing the Litecoin coin capacity firm ceiling on the amount of Litecoin over 21 million, well, Litecoin would be no more!

I'd dump it all on finding such out the same day.

Folks would probably then go back to Bitcoin with a 21 Million Cap on Coin. No one is that stupid to hold a pow coin, where they raise the coin cap after the fact!

This would be bad. Very Bad.

Brad

Agreed, the whole point of bitcoin and any altcoin is sticking to the coin supply rules it started with. There will never be more than 21 million bitcoins, and most alts have a capped emission. The few that don't made that clear when they launched.

[germsite]

How does halving even matters for litecoin when charlie lee himself thinks this
https://toshitimes.com/charlie-lee-thinks-about-increasing-litecoins-max-supply/

Would it even be possible for him to make that happen? Wouldn't the large majority of miners have to agree?

If there is even serious discussion of Litecoin or any other Crypto including Bitcoin, getting rid of the 21 million limit, I will cash out to USD ASAP.

I mean, if that is the case, the jig is up and crypto is simply being manipulated like the usd currency by the Federal Reserve.

Again, I'd be so out so fast into USD.

Brad

That doesn't really answer my question, but what fo you think if LTC would increase its supply significantly?

I thought I was kinda obvious my last post. This would be as they say, " A very, very bad thing'

It would be Litecoin's Death, for most folk in HODL mode, it would destroy Litecoin.

Without a 'firm amount of Litecoin' and, by increasing the Litecoin coin capacity firm ceiling on the amount of Litecoin over 21 million, well, Litecoin would be no more!

I'd dump it all on finding such out the same day.

Folks would probably then go back to Bitcoin with a 21 Million Cap on Coin. No one is that stupid to hold a pow coin, where they raise the coin cap after the fact!

This would be bad. Very Bad.

Brad

I agree with you, but still I thought it is probably impossible to increase the supply because you would have to convince the miners. That's unlikely since they would have to undermine their own business to some degree.

[Searing]

How does halving even matters for litecoin when charlie lee himself thinks this
https://toshitimes.com/charlie-lee-thinks-about-increasing-litecoins-max-supply/

Would it even be possible for him to make that happen? Wouldn't the large majority of miners have to agree?

If there is even serious discussion of Litecoin or any other Crypto including Bitcoin, getting rid of the 21 million limit, I will cash out to USD ASAP.

I mean, if that is the case, the jig is up and crypto is simply being manipulated like the usd currency by the Federal Reserve.

Again, I'd be so out so fast into USD.

Brad

That doesn't really answer my question, but what fo you think if LTC would increase its supply significantly?

I thought I was kinda obvious my last post. This would be as they say, " A very, very bad thing'

It would be Litecoin's Death, for most folk in HODL mode, it would destroy Litecoin.

Without a 'firm amount of Litecoin' and, by increasing the Litecoin coin capacity firm ceiling on the amount of Litecoin over 21 million, well, Litecoin would be no more!

I'd dump it all on finding such out the same day.

Folks would probably then go back to Bitcoin with a 21 Million Cap on Coin. No one is that stupid to hold a pow coin, where they raise the coin cap after the fact!

This would be bad. Very Bad.

Brad

I agree with you, but still I thought it is probably impossible to increase the supply because you would have to convince the miners. That's unlikely since they would have to undermine their own business to some degree.

That would be on top of the other LTC Miner difficulties of well, of course, the hash-rate difficulty that eventually kills their dream and then, of course, the halving..which rips out the

LTC Miner's heart every 4 years.

You add on doubling the amount of coin allowed to exist, there would not be enough microwave towers for the miners to jump off of! (Just saying: This would be a

a bad thing, increasing the amount of coin, 'cheat' changing the rules in the middle of the game after years, folk would beyond freak out!

[lonesomestranger]

5 REASONS WHY YOU SHOULD ATTEND THE LITECOIN SUMMIT

After a successful inaugural event last year in San Francisco, this year’s Litecoin Summit is taking place in Las Vegas on October 28th & 29th. With no shortage of crypto and blockchain events to choose from, here are five reasons why the Litecoin Summit is one you shouldn’t pass up.

Check it out: https://litecoin-foundation.org/5-reasons-why-you-should-attend-the-litecoin-summit-2/

[CoinCodex]

Despite falling a bit more, Litecoin is near a strong support level! Read more in this short technical analysis:

https://coincodex.com/article/3919/litecoin-price-analysis-ltc-falls-a-further-8-but-finds-strong-support-at-rising-trend-line/