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

[rendravolt]

I am sure Litecoin will stay in the top 10 on CMC for a long time. I still prefer to use LTC as BTC to transfer, but to be honest, there are many better, faster and cheaper coins to use.

But most of those other coins aren't on all the big exchanges, just some of them. Litecoin is on virtually every big exchange, and very useful for fast transfers.

yes you're right, that's one of the advantages of Litecoin almost all exchanges already support this coin. there may be a lot of coins that are faster and cheaper. but in my opinion litecoin is still the best for the issue of sending funds between exchanges.

True, I have felt it since a few years ago, when I needed money, I preferred Litecoin as a fast and efficient intermediary.

[tbct_mt2]

I can't agree with you here and I am sure that many will choose the coin which has instant or even lightning-fast transactions rather than slower once.

This is very important for many treaders, especially when you are trading using bots or API. Still, LTC is a lot better as BTC for which I waited for yesterday almost 7 hours to be confirmed.

There are different types of crypto traders, and investors and they have different needs to move their coins (speeds, fees, and potential congestion on networks). Someone don't have urgent needs like me, someone have urgent needs or just usually need fast transactions like you.
Addtionally, their definitions on fast transactions are different, obviously.

Generally, the diversification of demands from crypto traders and investors result in a very healthy competition and race between different crypto currencies. It's good for all.

That is why further development of new features as Mimbewimble is a great idea and will add value and more use cases for LTC.

This is what I totally agree with you. By the way, it is good to see you point it out when Mimblewimble-algorithm coins have been in their upwards trend, from Grin coin to BEAM.

[mindrust]

Litecoin soon will die, because it hasn't any reliable use. Nowadays price-drop only confirming it.

I find this hard to believe. If It didn't die when it dropped from $50 to $3 back in the day, it is not going to die, ever. I agree that its a copy/paste of btc though. Maybe they implement MW as a sidechain and try something different... I hope they do.

[dishku]

Litecoin soon will die, because it hasn't any reliable use. Nowadays price-drop only confirming it.

I find this hard to believe. If It didn't die when it dropped from $50 to $3 back in the day, it is not going to die, ever. I agree that its a copy/paste of btc though. Maybe they implement MW as a sidechain and try something different... I hope they do.

What is your source to predict about price of LTC could potentially drop to such a low level even it is showing mind blowing performance and big merchants already support this. I hope this will keep growing and will get a decent floor in future.

[Totscha]

Litecoin soon will die, because it hasn't any reliable use. Nowadays price-drop only confirming it.

I find this hard to believe. If It didn't die when it dropped from $50 to $3 back in the day, it is not going to die, ever. I agree that its a copy/paste of btc though. Maybe they implement MW as a sidechain and try something different... I hope they do.

What is your source to predict about price of LTC could potentially drop to such a low level even it is showing mind blowing performance and big merchants already support this. I hope this will keep growing and will get a decent floor in future.

It's not a prediction if you're talking about the past He was talking about the previous bear market (2014-2016) when it went from $50 to less than $3 and stayed there for two years.  The source is the historical price charts

[prologas]

GrepBlock.com

+

Litecoin (LTC)

https://grepblock.com/?page=coin&coin=LTC

[reallester]

Phishing

Code:

https://litecoln.org/

[tbct_mt2]

Please read and watch it, then you know what to do guys. Not only Litecoin but also other coins which will come later from that channel, I warn you not send any address of any coin posted on that channel.

Litecoin

Litecoin holders, be watch and be careful with that scam.

As I thought days ago, now we have a scam video that aims at Litecoin holders.
Please check it and report to Youtube that channel: https://www.youtube.com/user/thehotgeek
https://www.youtube.com/watch?v=5_uh4kJM5F8
The scam address is: https://blockchair.com/litecoin/address/MM4bVEjFvmzuypwJzji9h4yGHMBZpQATY7

[Chrystora123]

Phishing

Code:

https://litecoln.org/

really very similar.. at first glance, I was almost fooled   it's almost the same.. good job and very helpful.
@reallester.. Your signature code is very cool  

[rendravolt]

Litecoin soon will die, because it hasn't any reliable use. Nowadays price-drop only confirming it.

I find this hard to believe. If It didn't die when it dropped from $50 to $3 back in the day, it is not going to die, ever. I agree that its a copy/paste of btc though. Maybe they implement MW as a sidechain and try something different... I hope they do.

What is your source to predict about price of LTC could potentially drop to such a low level even it is showing mind blowing performance and big merchants already support this. I hope this will keep growing and will get a decent floor in future.

There is no evidence to reduce the price of Litecoin because there are many exchanges that support it, even the daily volume can reach hundreds of bitcoins.

[lonesomestranger]

Missed the Litecoin Summit or some of the speaker sessions?  Access the full agenda on Litecoin Foundation's YouTube channel : https://www.youtube.com/channel/UC8unJ4YCZgc5e7Sb_cckDgg?reload=9

[kuduirt]

ur ltc soon 63>65>60>55$

[dishku]

ur ltc soon 63>65>60>55$

Than it will be great opportunity for those who are waiting for this dip. Keep this in mind big players always buy rumors and sell news than it depend on you what decision you took to make a fortune.

[Artifex]

LTC has some uncertainty in the future. no introduction of new technologies and improvements. I wonder what developers are working on and do they work at all?

[princehandsome]

ur ltc soon 63>65>60>55$

yes as you predicted if Litecoin was will soon close to $ 55 and now it's on $ 58. the right decision is to buy under $ 55 and wait or hold. I know Litecoin is a good coin and I am sure prices will go up high in coming years 2020.

[profit59]

Litecoin will shoot at the moment when no one expects this. A sharp pump, the entry of fat hamsters ... Tearing the skin and repeat

[estenity]

Litecoin will shoot at the moment when no one expects this. A sharp pump, the entry of fat hamsters ... Tearing the skin and repeat

waiting patiently for it.

[lonesomestranger]

The Litecoin MimbleWimble proposal is about Fungibility not Privacy

A recent article entitled “Breaking MimbleWimble’s privacy model” published by Ivan Bogatyy has been causing a stir as the author claims of a “new attack” that ‘traces 96% of all (MimbleWimble) sender and recipient addresses in real time’. The attack costs $60/week of AWS (Amazon Web Services) something that leads Bogatyy to conculde that: https://litecoin.com/en/news/the-litecoin-mimblewimble-proposal-is-about-fungibility-not-privacy

[Searing]

The Litecoin MimbleWimble proposal is about Fungibility not Privacy

A recent article entitled “Breaking MimbleWimble’s privacy model” published by Ivan Bogatyy has been causing a stir as the author claims of a “new attack” that ‘traces 96% of all (MimbleWimble) sender and recipient addresses in real time’. The attack costs $60/week of AWS (Amazon Web Services) something that leads Bogatyy to conculde that: https://litecoin.com/en/news/the-litecoin-mimblewimble-proposal-is-about-fungibility-not-privacy

Sorry, fungibility means you can't track say USD bills without knowing the serial number and amount on each bill....by hand this is a .. big pain in the ass...

as far as I can tell the mimblewimble problem you could use computer/math/processing TO track the supposed mimblewimble coins thus eliminating fungibility...

something you could not do with the fungibility of cash...scanning each serial number. Indeed, the problem with mimblewimble is you could track crypto in the same manner as bitcoin.

Thus I don't get the Fungibility argrument..you need privacy for fungaiblity to work..or at least like the case of cash...very difficult to just pull individual serial numbers or

whatever out of the sky to track the currency if it is plain cash. If mimblewimble is broken, IMHO, it is no different than Bitcoin and other Altcoins for having NO real Fungibility.

Thus neither BTC or any mimblewimble coin has any fungibility. Thus right back where we started with the fungibility problem with Bitcoin and other Altcoins.

[Lanuf]

Litecoin will shoot at the moment when no one expects this. A sharp pump, the entry of fat hamsters ... Tearing the skin and repeat

Are you sure this can happen? I mean, shoot. Although I am not at all proficient in this, it seems to me that a litecoin will never be expensive. Many users speak well https://revain.org/projects/litecoin, but I have a different point of view. It seems to me that the bitcoin fork has lost its position in the market. This project does not offer something new and breakthrough. Then why is this needed?