[ANN] Litecoin - a lite version of Bitcoin. 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?

[1563863540]

1563863540

[1563863540]

1563863540

[1563863540]

1563863540

[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/

[Sellman]

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]

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!

Brad

[zahidmoon]

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.

[Shy Ronnie]

Listing on Bgogo on July 5
https://coindar.org/en/event/litecoin-ltc-listing-on-bgogo-22114

[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.

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.

[psycodad]

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!

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:

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]

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]

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

[MineTheCoinPool]

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]

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]

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

[Searing]

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)

Brad