Bitcoin Forum
August 05, 2020, 07:39:55 PM *
News: Latest Bitcoin Core release: 0.20.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 ... 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 [377] 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 »
  Print  
Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1453481 times)
germsite
Sr. Member
****
Offline Offline

Activity: 884
Merit: 253


simply getting the job done


View Profile
June 29, 2019, 01:33:36 PM
 #7521

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?

     ▄███▌
    ██████
   ██ ▀████       ███
  ██   ████     ██████       ▄▄▄
 █▀    ████    ███████      █████
      ████    ███████      ██████
      ████    ███████     ███████   ███
      ████   ███ ████    ███████   ████
     ████   ███ ████    ███ ████   ████    ▐██▌      ████▄
     ████   ███ ████   ███ ████   ████     ███     ███████   ██   ███▄     ▄▄██
     ████  ███ ████   ███ ████    ████    ████   ███▀  ███  ████▄█████   ████ ▄██    █
    ████  ███  ████  ███ ████    ████    ████   ███▀  ██▀  ██████▀████ ████   ████   █
    ████ ███  ████  ███  ████    ████    ████  ████       ██████  ████████▀   ████ ▄█
    ████ ███  ████ ███  ████    ████   ██████  ████      ██████    ███████     █████▀
   ████ ███   ███████   ████   █████  ██████  ██████▄  ▄██████        ████▄   ███
   ████ ███  ███████   ▐████  ██████████ ███   █████████  ████        █████████▀
   ███████   ██████    ▐██████████████   ███    ▀████▀   ████          █████▀▀
  ███████    █████     ▐██████   ████   ███
  ██████     ▀██▀       ▀████           ███
  ▀████                          █     ███
                                 ██▄  ▄███
                                  ██████▀
                                   ▀▀▀▀

   
THE JOB DONE

 

                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌


             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
 

█▄▄              █▄▄
█████▄▄         ██████▄▄
████████       ████████ █
████████ ██   ████████ ██
████████ ███ ████████ ███
████████ ████ ██████ ████
████████ █████ ████ █████
████████ ▀█████ ██ ██████
████████    ▀▀██  ███████
▀███████         ▀███████
   ▀▀███            ▀▀███
       ▀                ▀
 
in
 

  ▄▄                ▄▄
  ████▄  ▄▄▄▄▄▄  ▄████
  ████████████████████
  ████████████████████
 ▄████████████████████▄
 ██████████████████████▌
 ██████████████████████▌
 ██████████████████████▌
 ██████████████████████
  ▀██████████████████▀
    ▀██████████████▀
██▄     ████████
 ▀██    ████████
 

  ▄▄██████████████▄▄
 ██▀▀            ▀▀██
██▌            ▐█▌ ▐██
██     ▄██████▄     ██
██    ██▀    ▀██    ██
██   ▐█▌      ▐█▌   ██
██   ▐█▌      ▐█▌   ██
██    ██▄    ▄██    ██
██     ▀██████▀     ██
██▌                ▐██
 ██▄▄            ▄▄██
  ▀▀██████████████▀▀
 
██▄
█████▄
████████▄
███████████
████████▀
█████▀
██▀
1596656395
Hero Member
*
Offline Offline

Posts: 1596656395

View Profile Personal Message (Offline)

Ignore
1596656395
Reply with quote  #2

1596656395
Report to moderator
1596656395
Hero Member
*
Offline Offline

Posts: 1596656395

View Profile Personal Message (Offline)

Ignore
1596656395
Reply with quote  #2

1596656395
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1596656395
Hero Member
*
Offline Offline

Posts: 1596656395

View Profile Personal Message (Offline)

Ignore
1596656395
Reply with quote  #2

1596656395
Report to moderator
1596656395
Hero Member
*
Offline Offline

Posts: 1596656395

View Profile Personal Message (Offline)

Ignore
1596656395
Reply with quote  #2

1596656395
Report to moderator
1596656395
Hero Member
*
Offline Offline

Posts: 1596656395

View Profile Personal Message (Offline)

Ignore
1596656395
Reply with quote  #2

1596656395
Report to moderator
Searing
Legendary
*
Offline Offline

Activity: 2534
Merit: 1323

Clueless!


View Profile
June 30, 2019, 05:07:33 PM
 #7522

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' Sad

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. Sad

Brad

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!:)
igorttomic
Copper Member
Jr. Member
*
Offline Offline

Activity: 196
Merit: 2


View Profile WWW
June 30, 2019, 06:37:09 PM
 #7523

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

Check out Publish0x BitcoinTalk ANN here. Publish0x is a crypto agnostic publishing platform on which both authors and readers earn crypto. Connect via Telegram - http://t.me/Publish0x
XCASH
Legendary
*
Offline Offline

Activity: 930
Merit: 1000


View Profile
June 30, 2019, 06:54:25 PM
 #7524

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' Sad

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. Sad

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
Sr. Member
****
Offline Offline

Activity: 884
Merit: 253


simply getting the job done


View Profile
June 30, 2019, 11:03:31 PM
 #7525

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' Sad

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. Sad

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.

     ▄███▌
    ██████
   ██ ▀████       ███
  ██   ████     ██████       ▄▄▄
 █▀    ████    ███████      █████
      ████    ███████      ██████
      ████    ███████     ███████   ███
      ████   ███ ████    ███████   ████
     ████   ███ ████    ███ ████   ████    ▐██▌      ████▄
     ████   ███ ████   ███ ████   ████     ███     ███████   ██   ███▄     ▄▄██
     ████  ███ ████   ███ ████    ████    ████   ███▀  ███  ████▄█████   ████ ▄██    █
    ████  ███  ████  ███ ████    ████    ████   ███▀  ██▀  ██████▀████ ████   ████   █
    ████ ███  ████  ███  ████    ████    ████  ████       ██████  ████████▀   ████ ▄█
    ████ ███  ████ ███  ████    ████   ██████  ████      ██████    ███████     █████▀
   ████ ███   ███████   ████   █████  ██████  ██████▄  ▄██████        ████▄   ███
   ████ ███  ███████   ▐████  ██████████ ███   █████████  ████        █████████▀
   ███████   ██████    ▐██████████████   ███    ▀████▀   ████          █████▀▀
  ███████    █████     ▐██████   ████   ███
  ██████     ▀██▀       ▀████           ███
  ▀████                          █     ███
                                 ██▄  ▄███
                                  ██████▀
                                   ▀▀▀▀

   
THE JOB DONE

 

                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌


             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
 

█▄▄              █▄▄
█████▄▄         ██████▄▄
████████       ████████ █
████████ ██   ████████ ██
████████ ███ ████████ ███
████████ ████ ██████ ████
████████ █████ ████ █████
████████ ▀█████ ██ ██████
████████    ▀▀██  ███████
▀███████         ▀███████
   ▀▀███            ▀▀███
       ▀                ▀
 
in
 

  ▄▄                ▄▄
  ████▄  ▄▄▄▄▄▄  ▄████
  ████████████████████
  ████████████████████
 ▄████████████████████▄
 ██████████████████████▌
 ██████████████████████▌
 ██████████████████████▌
 ██████████████████████
  ▀██████████████████▀
    ▀██████████████▀
██▄     ████████
 ▀██    ████████
 

  ▄▄██████████████▄▄
 ██▀▀            ▀▀██
██▌            ▐█▌ ▐██
██     ▄██████▄     ██
██    ██▀    ▀██    ██
██   ▐█▌      ▐█▌   ██
██   ▐█▌      ▐█▌   ██
██    ██▄    ▄██    ██
██     ▀██████▀     ██
██▌                ▐██
 ██▄▄            ▄▄██
  ▀▀██████████████▀▀
 
██▄
█████▄
████████▄
███████████
████████▀
█████▀
██▀
Searing
Legendary
*
Offline Offline

Activity: 2534
Merit: 1323

Clueless!


View Profile
July 01, 2019, 12:11:23 AM
 #7526

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' Sad

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. Sad

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!

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!:)
lonesomestranger
Full Member
***
Offline Offline

Activity: 770
Merit: 112



View Profile
July 01, 2019, 08:47:50 PM
 #7527


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
Jr. Member
*
Offline Offline

Activity: 315
Merit: 6


View Profile
July 02, 2019, 07:52:18 AM
 #7528

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/
Sellman
Full Member
***
Offline Offline

Activity: 406
Merit: 112



View Profile
July 02, 2019, 08:44:23 AM
 #7529

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/
Litecoin has a amazing come back after falling to around 0.0095 BTC days ago. Its temporary price, around 0.1156 BTC, means Litecoin actually has rallied around 22 percent from its recent dump. That is an amazing return after just a few days. I am not sure that Litecoin might recover back to the range around 0.019 BTC or not, but it might if bitcoin might rally impressively after its current corrections.
Searing
Legendary
*
Offline Offline

Activity: 2534
Merit: 1323

Clueless!


View Profile
July 02, 2019, 05:45:32 PM
 #7530


Litecoin needs to get its act together and get mimblewimble out and also do some PR about such. I mean really, are the Dev's shy or something?

I mean the frigging halving is coming up in about a month! You'd think you'd see more hype on Litetcoin. Deafening Silence Indeed! Sad

Brad

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!:)
zahidmoon
Sr. Member
****
Offline Offline

Activity: 1064
Merit: 269


BBOD Zero-Fee Exchange Platform


View Profile
July 02, 2019, 06:34:21 PM
 #7531

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/
Litecoin has a amazing come back after falling to around 0.0095 BTC days ago. Its temporary price, around 0.1156 BTC, means Litecoin actually has rallied around 22 percent from its recent dump. That is an amazing return after just a few days. I am not sure that Litecoin might recover back to the range around 0.019 BTC or not, but it might if bitcoin might rally impressively after its current corrections.
0.1156 btc price of litecoin is huge price specially when btc price is more then 10K$. surelly litecoin price will increase more but not that much huge in BTC/LTC pair. looks like in future no altcoin price will even close to BTC.
0.02 btc price of litecoin is the next target by my pint of view.

germsite
Sr. Member
****
Offline Offline

Activity: 884
Merit: 253


simply getting the job done


View Profile
July 03, 2019, 09:46:04 AM
 #7532

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' Sad

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. Sad

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!


Exactly, it is a little bit similar to the Bitcoin rollback that CZ from Binance proposed when they got hacked. However, I saw a video about that and it was said that that rollback would have never been possible in reality.

     ▄███▌
    ██████
   ██ ▀████       ███
  ██   ████     ██████       ▄▄▄
 █▀    ████    ███████      █████
      ████    ███████      ██████
      ████    ███████     ███████   ███
      ████   ███ ████    ███████   ████
     ████   ███ ████    ███ ████   ████    ▐██▌      ████▄
     ████   ███ ████   ███ ████   ████     ███     ███████   ██   ███▄     ▄▄██
     ████  ███ ████   ███ ████    ████    ████   ███▀  ███  ████▄█████   ████ ▄██    █
    ████  ███  ████  ███ ████    ████    ████   ███▀  ██▀  ██████▀████ ████   ████   █
    ████ ███  ████  ███  ████    ████    ████  ████       ██████  ████████▀   ████ ▄█
    ████ ███  ████ ███  ████    ████   ██████  ████      ██████    ███████     █████▀
   ████ ███   ███████   ████   █████  ██████  ██████▄  ▄██████        ████▄   ███
   ████ ███  ███████   ▐████  ██████████ ███   █████████  ████        █████████▀
   ███████   ██████    ▐██████████████   ███    ▀████▀   ████          █████▀▀
  ███████    █████     ▐██████   ████   ███
  ██████     ▀██▀       ▀████           ███
  ▀████                          █     ███
                                 ██▄  ▄███
                                  ██████▀
                                   ▀▀▀▀

   
THE JOB DONE

 

                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌


             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
 

█▄▄              █▄▄
█████▄▄         ██████▄▄
████████       ████████ █
████████ ██   ████████ ██
████████ ███ ████████ ███
████████ ████ ██████ ████
████████ █████ ████ █████
████████ ▀█████ ██ ██████
████████    ▀▀██  ███████
▀███████         ▀███████
   ▀▀███            ▀▀███
       ▀                ▀
 
in
 

  ▄▄                ▄▄
  ████▄  ▄▄▄▄▄▄  ▄████
  ████████████████████
  ████████████████████
 ▄████████████████████▄
 ██████████████████████▌
 ██████████████████████▌
 ██████████████████████▌
 ██████████████████████
  ▀██████████████████▀
    ▀██████████████▀
██▄     ████████
 ▀██    ████████
 

  ▄▄██████████████▄▄
 ██▀▀            ▀▀██
██▌            ▐█▌ ▐██
██     ▄██████▄     ██
██    ██▀    ▀██    ██
██   ▐█▌      ▐█▌   ██
██   ▐█▌      ▐█▌   ██
██    ██▄    ▄██    ██
██     ▀██████▀     ██
██▌                ▐██
 ██▄▄            ▄▄██
  ▀▀██████████████▀▀
 
██▄
█████▄
████████▄
███████████
████████▀
█████▀
██▀
psycodad
Hero Member
*****
Offline Offline

Activity: 1185
Merit: 728


精神分析的爸


View Profile WWW
July 03, 2019, 11:02:14 AM
 #7533

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' Sad

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. Sad

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!


Exactly, it is a little bit similar to the Bitcoin rollback that CZ from Binance proposed when they got hacked. However, I saw a video about that and it was said that that rollback would have never been possible in reality.

Honestly, I think this is just a click-bait of toshtimes.com. In the interview Charlie Lee said the following:
Quote
It’s hard to say what will happen when it starts reaching the limit. Right now, the coin is working, Bitcoin and Litecoin are working because the mining reward is paying for the security… When you rely on fees and if the fees aren’t enough because the block size is constrained, then what happens? The security will drop. Is it better to have some small inflation every year and have that fixed and have that pay for the security or can transaction fees pay for security?

That is, we are talking about the time when 64 (if I read the LTC sources right) halvings have occured which is when the block reward goes to 0 and is not halved anymore:
https://github.com/litecoin-project/litecoin/blob/master/src/validation.cpp#L1164-L1167:
Code:
    int halvings = nHeight / consensusParams.nSubsidyHalvingInterval;
    // Force block reward to zero when right shift is undefined.
    if (halvings >= 64)
return 0;

As this is only the 3rd halving coming up now, we have 60 to go, which translates roughly to 96 years to until reward is 0.

Honestly, I couldn't care less about that timeframe.

(All assuming my first grade math above are not completely off the rails, feel free to correct me if I made a stupid error in my calculations)



dr.cheema
Full Member
***
Offline Offline

Activity: 770
Merit: 105


View Profile
July 03, 2019, 11:59:57 AM
 #7534

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/
Litecoin and other top crypto's stable almost and there is no big dump in market spotted so far.
If market goes up 10% and after pump prices goes back 2% - 3% then definitely market is growing.
I am sure we will see again green sign in near future like last one,  LTC could be cross ATH this year.
big_daddy
Sr. Member
****
Offline Offline

Activity: 1176
Merit: 479


xUSD - The PRIVATE stable coin - Haven Protocol


View Profile WWW
July 03, 2019, 12:24:05 PM
 #7535

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/
Litecoin and other top crypto's stable almost and there is no big dump in market spotted so far.
If market goes up 10% and after pump prices goes back 2% - 3% then definitely market is growing.
I am sure we will see again green sign in near future like last one,  LTC could be cross ATH this year.

with this high BTC dominance (~62% at the moment of writing) all alts, including LTC as a major alt for me, will have difficulties to reach their ATHs, so the crossing for now is almost impossible

freebitcoin       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄█████
██
██
██
██
██
██
██
██
██
██
██
▀█████
.
PLAY NOW
█████▄
██
██
██
██
██
██
██
██
██
██
██
█████▀
MineTheCoinPool
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile WWW
July 04, 2019, 05:37:40 PM
 #7536

New Mining Pool Available
MINETHECOIN.CO

Coin : Litecoin [LTC]
Algorithm : Scrypt / 2% Fees
Stratum :    stratum+tcp://stratum1.minethecoin.co:2921
Minimum Withdraw : 0.01 LTC

Dedicated Servers / 1GBps
No Registration Required
Experienced Devs
Trusted Team

Visit us at : http://minethecoin.co
Discord : https://discord.gg/3PTJK3M
lonesomestranger
Full Member
***
Offline Offline

Activity: 770
Merit: 112



View Profile
July 04, 2019, 08:26:22 PM
 #7537


Litecoin is live on Flexa

Flexa is delighted to announce Litecoin (LTC) as the fifth digital asset to be accepted by merchants on the Flexa network, and the first coin added to the network since it launched in the US just just seven weeks ago.

Check this out: https://medium.com/flexa/litecoin-is-live-on-flexa-4b6c38ae37d5

igorttomic
Copper Member
Jr. Member
*
Offline Offline

Activity: 196
Merit: 2


View Profile WWW
July 04, 2019, 10:09:35 PM
 #7538

My Crypto Journey with Litecoin Lisa: https://www.publish0x.com/mamaecrypto/my-crypto-journey-litecoin-lisa-xqkree

Check out Publish0x BitcoinTalk ANN here. Publish0x is a crypto agnostic publishing platform on which both authors and readers earn crypto. Connect via Telegram - http://t.me/Publish0x
Searing
Legendary
*
Offline Offline

Activity: 2534
Merit: 1323

Clueless!


View Profile
July 05, 2019, 02:34:14 AM
 #7539

New Mining Pool Available
MINETHECOIN.CO

Coin : Litecoin [LTC]
Algorithm : Scrypt / 2% Fees
Stratum :    stratum+tcp://stratum1.minethecoin.co:2921
Minimum Withdraw : 0.01 LTC

Dedicated Servers / 1GBps
No Registration Required
Experienced Devs
Trusted Team

Visit us at : http://minethecoin.co
Discord : https://discord.gg/3PTJK3M

www.litecoinpool.org is free and pays I think still 101% payback with NO fees.

So why should anyone go with your 2% unknown pool operation? *hey, just saying 'dazzle' me) Smiley

Brad

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!:)
mich
Legendary
*
Offline Offline

Activity: 1764
Merit: 1016


One of the world's leading Bitcoin-powered casinos


View Profile
July 05, 2019, 04:02:43 AM
 #7540

Heres some good news for those holding onto LITECOIN:

Litecoin Outperforms Top-10 Cryptos Ahead of August Reward Halving

https://www.coindesk.com/litecoin-outperforms-top-10-cryptos-ahead-of-august-reward-halving?utm_source=twitter&utm_medium=coindeskmarkets&utm_term=&utm_content=&utm_campaign=Organic%20

With the supply of new coins to be halved in less than five weeks, litecoin is outpacing its peers.

The fourth-largest cryptocurrency by market capitalization is currently trading at $123, representing 5 percent gains on a seven-day basis, according to data source CoinMarketCap.

Pages: « 1 ... 327 328 329 330 331 332 333 334 335 336 337 338 339 340 341 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 358 359 360 361 362 363 364 365 366 367 368 369 370 371 372 373 374 375 376 [377] 378 379 380 381 382 383 384 385 386 387 388 389 390 391 392 393 394 395 396 397 398 399 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!