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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1329879 times)
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November 25, 2019, 03:44:26 AM
 #7841

By the by ...is Litecoin working on anything but the usual (1) keeping up with the bitcoin core updates or (2) mimblewimble?

I mean they kinda have to be having some kind of side projects on there own unrelated to the above on the drawing board right?

I mean most coins have more than a couple avenues of development. (yeah, its LTC maybe not)

anyway, just wondering (links?) I'd like for there to be more than just above

brad

I think they are focusing on adoption and partnerships.

...lol...

they have been saying that for 9 years or so now...lol...

they say that when nothing is going on...unlike other coins which actually state meaningful partnerships......the usual we are working on stuff...

nope...if mimblewimble does not do something for litecoin I'm likely out of all alts and into BTC

perhaps....miners...were the only cheerleaders for BTC/Crypto/Alts...now that complete mining capitalulation seems to be in play...perhaps the price may take years to recover

a lot of miners were trying for full HODL mode..but now real-life issues and miner capitulation and no real equipment ASIC wise worth getting ...perhaps adoption has dried up

now and the bears are in charge for a few years...

don't know...but not looking too good for any crypto

brad

 
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November 25, 2019, 06:25:09 AM
 #7842

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 Wink 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 Wink
Yes, this was in reality, Litecoin was then 3 dollars. But now I also think that we have a different situation. The bottom at the price of Litecoin is in the range of 20-40 dollars.

Yes, the price of Litecoin is very low during the previous bear market, the situation of the market cannot be the same every time. Look at the price of Litecoin now is around 42.40$ which is very low compared to previous, the fluctuation is kept happening in the market and it is impossible to predict the prices.

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November 25, 2019, 02:13:01 PM
 #7843

Last several hours it hit around $38 USD. LTC is like other coins, tied at the hip to BTC.
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November 25, 2019, 07:11:32 PM
 #7844

Last several hours it hit around $38 USD. LTC is like other coins, tied at the hip to BTC.
market is again in bearish mood and price of litecoin is coming in my range now if it will hit 25$ then i will buy more. i never thought that again market will come this far down again in this year but its happening. well some analyst says that its will down hard this time i don't know why crypto become more risky day by day.

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November 25, 2019, 08:54:27 PM
 #7845

Binance DEX Adds LTC/TUSD Trading Pair: https://community.binance.org/topic/2190/binance-dex-adds-ltc-tusd-trading-pair

''Binance DEX now opens trading for a LTC/TUSD trading pair.

More Info:

Project Asset Page: https://explorer.binance.org/asset/TUSDB-888
DEX Listing Proposal: https://community.binance.org/topic/702
Project Website: https://trusttoken.com ''

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November 26, 2019, 03:29:46 AM
 #7846

FreeBitcoins.com adds a BTC_LTC markets to our Xchange.

https://freebitcoins.com/xchange/market/BTC_LTC

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November 26, 2019, 04:42:30 PM
 #7847

Last several hours it hit around $38 USD. LTC is like other coins, tied at the hip to BTC.
market is again in bearish mood and price of litecoin is coming in my range now if it will hit 25$ then i will buy more. i never thought that again market will come this far down again in this year but its happening. well some analyst says that its will down hard this time i don't know why crypto become more risky day by day.
This is a good opportunity to buy ltc, because the altcoin market is currently in a negative trend and now the price is $46 and this is a fairly small price reduction compared to the percentage of decline that occurs in bitcoin, I think with this condition it will not take much time a long time ago for ltc to increase prices later on the market.

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November 26, 2019, 05:24:04 PM
 #7848

Last several hours it hit around $38 USD. LTC is like other coins, tied at the hip to BTC.
market is again in bearish mood and price of litecoin is coming in my range now if it will hit 25$ then i will buy more. i never thought that again market will come this far down again in this year but its happening. well some analyst says that its will down hard this time i don't know why crypto become more risky day by day.
This is a good opportunity to buy ltc, because the altcoin market is currently in a negative trend and now the price is $46 and this is a fairly small price reduction compared to the percentage of decline that occurs in bitcoin, I think with this condition it will not take much time a long time ago for ltc to increase prices later on the market.


Myself and everyone I know is 'sitting on their hands' on buying any altcoins, even Litecoin. There will not be, IMHO, any movement or pump on Litecoin until or unless

Litecoin gets Mimblewimble protocol to work. Until then any talk of Litecoin going up in value in relation to Bitcoin is just that, talk.

IF for whatever reason this Mimblewimble protocol gets dragged out another year before being implemented then Litecoin at best will act like all other altcoins and just

mirror Bitcoin prices. Or at worst, the fact that Litecoin will have nothing to show for say a year of promises and no Mimblewimble, the price will dump by another 50% or

more. IMHO, it is 'put up or shut up' time for Litecoin to differentiate itself with Mimblewimble from Bitcoin. Without doing that, Litecoin is gonna mostly fade away.

I hope I'm wrong, but how I see it.

Brad

 
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December 01, 2019, 11:55:29 AM
 #7849

LITECOIN LTC



listed on

DEUROX.eu


https://onlycash.ddns.net:16969/market/BTC-LTC



NO KYC SHIT
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December 01, 2019, 07:58:57 PM
Merited by estenity (1)
 #7850

Well for whatever reason no DEV for Litecoin puts anything on this thread. Not really sure why.

I found this on the www.litecointalk.io Litecoin site. I also have copied what is in the below link here.

I also will ask the author of above why the hell they don't post on Litecointalk threads on www.bitcointalk.org

as well. Likely as in the past I will get NO reply. Seems silly they don't post on these threads as well.

Anyway, here is the link below, you MAY have to have an account on www.litecointalk.io in order to view this link.

I 'copy & pasted' the post below as well.

Beginning  Quoted below:

 Mimblewimble Progress Update Thread Development

Hi everyone!

I’m David Burkett, the developer of Grin++. I’ve been working with ecurrencyhodler, Charlie, and others for several months now to design a Mimblewimble extension block so that LTC users can have confidential transactions and more fungible money.

I spoke a bit about our progress at the LTC Conference last month, but for those who are unaware, we’ve published 2 new LTC improvement proposals (LIPs):

LIP-0002: https://github.com/litecoin-project/lips/blob/master/lip-0002.mediawiki 4
This describes extension blocks, and how they can be implemented and activated in LTC.

LIP-0003: https://github.com/litecoin-project/lips/blob/master/lip-0003.mediawiki 1
This is all about Mimblewimble on LTC.

After the conference, much has happened. The first big announcement is that the LTC Foundation has graciously decided to fund my efforts to implement the MW extension block, and to continue working on Grin++! More details about that will be announced shortly, but I want to thank you all for the opportunity.

Since that was announced, great progress has been made. On the Grin++ side, I’ve implemented payments via TOR. Mimblewimble requires interacting with the receiver to build a transaction collaboratively, so by using TOR for that interaction, we’re able to use familiar-looking addresses, a simpler set-up, and much better privacy.

    Original proposal to use TOR: https://github.com/mimblewimble/grin-rfcs/pull/24 1
    Grin++ Implementation: https://github.com/GrinPlusPlus/GrinPlusPlus/pull/89/ 3

Also, I’ve performed the first ever (AFAICT) pre-broadcast Mimblewimble CoinJoin. For those familiar with Mimblewimble, you may know that at the time transactions are included in a block, they are already joined with all other transactions in that block. The Achilles heel of mimblewimble privacy though, has always been that transactions are broadcast before they’ve had a chance to be joined with other transactions. That means nodes monitoring the network can see the original input-to-output links of most transactions. Sending a transaction directly to a CoinJoin server before broadcasting is one of many different techniques we can use to combat that.

    Original coinjoin proposal: https://www.grin-forum.org/t/yo-dawg-i-heard-you-like-coinjoins/5296 1
    Block with first coinjoined transactions: https://grinscan.net/block/456188

On the LTC side, I started by familiarizing myself with the existing code by completing the LTC Dev Training Session. This meant starting with the latest bitcoin source, and making all modifications necessary to get it to sync.

    Dev Training Session: Litecoin Developer Training Session 1 5
    My BTC fork which now fully syncs the LTC blockchain: https://github.com/DavidBurkett/bitcoin

After that, I got to work re-designing the Grin++ codebase in a way that will allow LTC to reuse Grin++ with minimal modifications. The design is beyond the scope of this update, but I’ll formally write-up the design sometime over the next few weeks and link it here.

Going forward, I will be providing monthly progress updates to keep everyone in the loop on what progress has been made. They’ll likely be much more succinct than this one, but I thought it would be good to take a few extra minutes with this first update to let everyone know who I am, where we’re at, and set some expectations for the future.

Thanks for reading, and thanks again for all of your support!

end quote.

Anyway, maybe I can get the above to actually post on this thread as well in the future. It would be a nice change to actually have monthly progress reports on

Mimblewimble with Litecoin Devs on here as well.

later

Brad

 
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December 02, 2019, 08:29:40 AM
 #7851

Last several hours it hit around $38 USD. LTC is like other coins, tied at the hip to BTC.
market is again in bearish mood and price of litecoin is coming in my range now if it will hit 25$ then i will buy more. i never thought that again market will come this far down again in this year but its happening. well some analyst says that its will down hard this time i don't know why crypto become more risky day by day.
This is a good opportunity to buy ltc, because the altcoin market is currently in a negative trend and now the price is $46 and this is a fairly small price reduction compared to the percentage of decline that occurs in bitcoin, I think with this condition it will not take much time a long time ago for ltc to increase prices later on the market.


You are right when the price was around 46$ I have grabbed some litecoin and hold them for a future hike. In the short term, it is impossible for us to predict the prices of potential altcoins, even the price of Bitcoin is not becoming stable and this will surely affect on altcoin, so we should hold them in the long term instead of looking for small profits.

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December 02, 2019, 10:18:14 AM
 #7852

Last several hours it hit around $38 USD. LTC is like other coins, tied at the hip to BTC.
Let alone LTC, some Altcoins that are in the top 10 are also tied to the price of bitcoin, so how can Litecoin go its own way if it goes up without having to see the price of bitcoin not going up well, I think $ 38 is a very reasonable price for some people to buy it again including me

 
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December 02, 2019, 10:38:34 AM
 #7853

Last several hours it hit around $38 USD. LTC is like other coins, tied at the hip to BTC.
Let alone LTC, some Altcoins that are in the top 10 are also tied to the price of bitcoin, so how can Litecoin go its own way if it goes up without having to see the price of bitcoin not going up well, I think $ 38 is a very reasonable price for some people to buy it again including me

Agreed with you LTC's price action is correlated with Bitcoin if there will be nice rally than altcoins will respond wonderful. If Bitcoin will remain sideways around current price than we can see little down trend in future.
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December 02, 2019, 01:14:49 PM
 #7854

For those of you who haven't bought Litecoin yet... here're a few ways you can do it Smiley

https://coincodex.com/article/6148/7-ways-to-buy-litecoin-ltc-coin/

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December 02, 2019, 08:24:53 PM
 #7855


Grin developer David Burkett aims to find a solution for the “Achilles heel of Mimblewimble privacy”

''In terms of Grin’s progress, the developer has purportedly performed the first-ever pre-broadcast MW CoinJoin that would allegedly make transactions more private by disabling broadcasting before transactions joined others in the CoinJoin block. Burkett noted that this issue is one of the most critical problems associated with MW’s privacy. ''

Details: https://cointelegraph.com/news/litecoin-funded-grin-developer-challenges-mimblewimbles-privacy-issue

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December 03, 2019, 07:20:06 AM
 #7856

Last several hours it hit around $38 USD. LTC is like other coins, tied at the hip to BTC.
Let alone LTC, some Altcoins that are in the top 10 are also tied to the price of bitcoin, so how can Litecoin go its own way if it goes up without having to see the price of bitcoin not going up well, I think $ 38 is a very reasonable price for some people to buy it again including me

Agreed with you LTC's price action is correlated with Bitcoin if there will be nice rally than altcoins will respond wonderful. If Bitcoin will remain sideways around current price than we can see little down trend in future.
yes because LTC has a pair on BTC so there is no harm in price following the BTC, so I think it is very reasonable and indeed everything should return to the price of bitcoin, at this time all expect bitcoin to take a new ATH in the near future as well as LTC and others

 
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December 04, 2019, 08:44:01 AM
 #7857

...I found this on the www.litecointalk.io Litecoin site.

When I was reading this announcement I kept wondering if that was written before or after the vulnerability of Mimblewimble was found?

Luckily a few posts later I got my answer.

...Grin developer David Burkett aims to find a solution for the “Achilles heel of Mimblewimble privacy”
Details: https://cointelegraph.com/news/litecoin-funded-grin-developer-challenges-mimblewimbles-privacy-issue...

So this great announcement is not so great anymore because of the vulnerability.

Now it would be great to hear if the implementation of Mimblewimble will be possible at all, an explanation about the latest problems and the roadmap for Litecoin.

The price keeps falling with some minor swings, actually, LTC is worth 44$. This was my entry price some time ago but now I had to change my plans after LTC hit 38$ mark.



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December 07, 2019, 06:52:31 PM
 #7858


Litecoin Foundation launches crowdfunding campaign to develop confidential transactions for LTC

''The Litecoin Foundation has announced the creation of a dedicated fund to support the ongoing development of privacy features for Litecoin and is calling for community members to donate.

On Tuesday, the Singapore-based non-profit said on LitecoinTalk the fund will finance the efforts of David Burkett, the Grin developer currently working to bring confidential transactions to Litecoin via MimbleWimble extension blocks (EBs). ''

More details: https://cryptoslate.com/litecoin-foundation-launches-crowdfunding-campaign-to-develop-confidential-transactions-for-ltc/

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December 07, 2019, 07:00:35 PM
 #7859

https://bitcoinist.com/litecoin-may-not-become-silver-to-bitcoins-gold-afterall/

Litecoin unlikely to be Silver to Bitcoin's Gold. I've been saying this for a while. Litecoin needs to get 'hungry' and start acting in PR

and development and such like a regular altcoin. The devs for too long have believed in their own hype of above.

Mimblewimble was a good start, but then nothing, no other projects or real updates, etc. The devs have to get past their own.

The view that Litecoin by some 'magic' process as being the heir to Bitcoin's Silver status in the altcoin world.

They need to step it up or just be irrelevant in the future. The proof is that sh*tcoins like BSV and BCH have more value as a fork than Litecoin.

Shake/Rattle/Roll.




 
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December 09, 2019, 11:12:37 PM
 #7860

Let's hope the price moves higher again.  Grin
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