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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1460512 times)
Mr.Scott
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May 24, 2021, 05:43:19 AM
 #8181

what is a reason of the dump?

Fear. The fear and greed index registered extreme fear from the market. Traders pulled out and saved whatever was left of their funds. The panic is like a domino effect and that’s the dump we’re seeing now. It’s a cycle.
Fact is litecoin is heading back to $100 very likely if the dump continues. This is cycle, the most obvious thing in the universe. It's crypyo, anything can happen. Only the experienced know how to handle this. I'm a 2018 survivor and still don't know how to handle it properly however I realize that panic selling not an answer.

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care2yak
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May 24, 2021, 06:42:04 AM
 #8182

what is a reason of the dump?

Fear. The fear and greed index registered extreme fear from the market. Traders pulled out and saved whatever was left of their funds. The panic is like a domino effect and that’s the dump we’re seeing now. It’s a cycle.
Fact is litecoin is heading back to $100 very likely if the dump continues. This is cycle, the most obvious thing in the universe. It's crypyo, anything can happen. Only the experienced know how to handle this. I'm a 2018 survivor and still don't know how to handle it properly however I realize that panic selling not an answer.

It can head back to zero if it’s a dying project. It can bounce back to 350 if the market realizes how easy it is to make transactions with ltc. It can go beyond 350 if demand for ltc goes higher. It can sustain a higher value if there are projects that will require ltc use so it becomes significant - useful. I suppose that’s one thing that needs to get figured out — how to make ltc significant so its value is sustained...

If it hits 100 or 40, i’d still buy and accumulate. I got into crypto late 2014 but got serious about it only a year after then survived my first crash the same year you did. And life goes on, accumulating crypto whenever i can. You’re right about panic selling not being the right way to handle the crash. Because after years in crypto, there will always be corrections. So it’s a cycle. I suffer shock too but after a while, i just keep my port and patiently wait until the market heads to a more positive direction again.
raji1995naya
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May 29, 2021, 10:02:06 PM
 #8183

Still, LTC was the second cryptocurrency to be released, and despite being a BTC clone, it was always better and more evolved. If the crypto market finally goes bullish again, I am confident that LTC will follow and the price will rise; but, if anyone believes that LTC will go on its own bull run due to Mimblewimble or any other technological advancement, I am skeptical.

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mrbanjo
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May 30, 2021, 02:59:33 PM
 #8184

what is a reason of the dump?

Fear. The fear and greed index registered extreme fear from the market. Traders pulled out and saved whatever was left of their funds. The panic is like a domino effect and that’s the dump we’re seeing now. It’s a cycle.
Fact is litecoin is heading back to $100 very likely if the dump continues. This is cycle, the most obvious thing in the universe. It's crypyo, anything can happen. Only the experienced know how to handle this. I'm a 2018 survivor and still don't know how to handle it properly however I realize that panic selling not an answer.

Unfortunately for many, Litecoin has remained a cheap and fast deposit and withdrawal to exchanges.
In comparison with other projects that have been on the market for several years, the development is not in a hurry, and as a result, LINK and ADA have already overtaken by a circle. For long-term investment, would choose something else.

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jqprez
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May 30, 2021, 06:03:31 PM
 #8185

what is a reason of the dump?

Fear. The fear and greed index registered extreme fear from the market. Traders pulled out and saved whatever was left of their funds. The panic is like a domino effect and that’s the dump we’re seeing now. It’s a cycle.
Fact is litecoin is heading back to $100 very likely if the dump continues. This is cycle, the most obvious thing in the universe. It's crypyo, anything can happen. Only the experienced know how to handle this. I'm a 2018 survivor and still don't know how to handle it properly however I realize that panic selling not an answer.

Unfortunately for many, Litecoin has remained a cheap and fast deposit and withdrawal to exchanges.
In comparison with other projects that have been on the market for several years, the development is not in a hurry, and as a result, LINK and ADA have already overtaken by a circle. For long-term investment, would choose something else.
I think the real strength of this project is to remain traditional. when ethereum collapses, because it is not sustainable, LTC will take its place
100bitcoin
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June 27, 2021, 07:08:33 PM
 #8186

Still, LTC was the second cryptocurrency to be released, and despite being a BTC clone, it was always better and more evolved. If the crypto market finally goes bullish again, I am confident that LTC will follow and the price will rise; but, if anyone believes that LTC will go on its own bull run due to Mimblewimble or any other technological advancement, I am skeptical.
LTC was probably not the second cryptocurrency to be released. NameCoin was. Correct me if I am wrong.

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June 27, 2021, 09:02:29 PM
 #8187

Still, LTC was the second cryptocurrency to be released, and despite being a BTC clone, it was always better and more evolved. If the crypto market finally goes bullish again, I am confident that LTC will follow and the price will rise; but, if anyone believes that LTC will go on its own bull run due to Mimblewimble or any other technological advancement, I am skeptical.
LTC was probably not the second cryptocurrency to be released. NameCoin was. Correct me if I am wrong.

I believe you're right. According to the bitcointalk, NameCoin's ANN was posted on April 18, 2011, compared to LiteCoin's ANN that was posted nearly six months later.
Additionally, before LiteCoin there was another fork of Bitcoin that is still active today: Ixcoin.

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July 01, 2021, 06:55:30 AM
 #8188

Still, LTC was the second cryptocurrency to be released, and despite being a BTC clone, it was always better and more evolved. If the crypto market finally goes bullish again, I am confident that LTC will follow and the price will rise; but, if anyone believes that LTC will go on its own bull run due to Mimblewimble or any other technological advancement, I am skeptical.
LTC was probably not the second cryptocurrency to be released. NameCoin was. Correct me if I am wrong.

I believe you're right. According to the bitcointalk, NameCoin's ANN was posted on April 18, 2011, compared to LiteCoin's ANN that was posted nearly six months later.
Additionally, before LiteCoin there was another fork of Bitcoin that is still active today: Ixcoin.

All you boys need to do is read the first few lines of the OP of this thread. Where Charlie writes about many failed and struggling coin projects that served as inspiration to Litecoin...
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July 04, 2021, 10:28:06 AM
 #8189

After the chinese shutdown the hashrate is passed to 128 th from 330 th .This means that 60% of LTC's hashrate was in China. I'm glad to know that the Chinese have missed this other great opportunity. The network works great and the dear and old L3s meet the needs in a big way. What to say: thanks china and thanks coblee.
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July 05, 2021, 04:49:05 PM
 #8190

Great project,

Here's a Price trend visualiser for Litecoin (LTC)

https://everycoinprice.com/?symbol=LTC
chainganginc
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July 08, 2021, 01:20:59 AM
 #8191

Dissapointed in the Litecoin Network  Roll Eyes
jqprez
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July 08, 2021, 07:01:16 AM
 #8192

At what point is mimblewimble?
Totscha
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July 09, 2021, 06:32:23 AM
 #8193

At what point is mimblewimble?

Google says end of 2021...
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July 18, 2021, 09:02:45 AM
 #8194

After the chinese shutdown the hashrate is passed to 128 th from 330 th .This means that 60% of LTC's hashrate was in China. I'm glad to know that the Chinese have missed this other great opportunity. The network works great and the dear and old L3s meet the needs in a big way. What to say: thanks china and thanks coblee.
in the result of Chinese GOVT crackdown price fall only because of the hashrate drops and on low electricity more reward. its not good for the litecoin but by my point of view i think the ban will lift like before
right now litecoin is on number 13th on CMC its not even in top 10 cryptos right now its disappoint me

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July 18, 2021, 11:56:21 AM
 #8195

After the chinese shutdown the hashrate is passed to 128 th from 330 th .This means that 60% of LTC's hashrate was in China. I'm glad to know that the Chinese have missed this other great opportunity. The network works great and the dear and old L3s meet the needs in a big way. What to say: thanks china and thanks coblee.
in the result of Chinese GOVT crackdown price fall only because of the hashrate drops and on low electricity more reward. its not good for the litecoin but by my point of view i think the ban will lift like before
right now litecoin is on number 13th on CMC its not even in top 10 cryptos right now its disappoint me
It' s just a metter of time
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July 24, 2021, 10:47:32 AM
 #8196

After the chinese shutdown the hashrate is passed to 128 th from 330 th .This means that 60% of LTC's hashrate was in China. I'm glad to know that the Chinese have missed this other great opportunity. The network works great and the dear and old L3s meet the needs in a big way. What to say: thanks china and thanks coblee.
in the result of Chinese GOVT crackdown price fall only because of the hashrate drops and on low electricity more reward. its not good for the litecoin but by my point of view i think the ban will lift like before
right now litecoin is on number 13th on CMC its not even in top 10 cryptos right now its disappoint me
It' s just a metter of time
what you mean by just a matter of time, rake down on CMC is considering loss of those who invested in litecoin and still holding for long term but yes in future litecoin could be again rank up and we may able to litecoin again in top 5 crypto on CMC.

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