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

[Myriad Force]

LTC pump cause Steam canceled BTC and now accept LTC

Yes, I just read the announcement about buying Steam Vouchers with LTC! This is great for Litecoin, is one step forward and it prooves once again that LTC is a way good payment option then Bitcoin-less fees, faster transactions!

Larimer is not satoshi however i guess he asked him questions about bitcoin~imo emc2 likely to surpass marketcap of LTC using litecoins pawned code base lock step EMC2 will disrupt litecoin(same algo) weee™

https://poloniex.com/exchange#btc_emc2

This shiller is 'Gembit' with a new account -
People got sick of him shilliing EMC2 - a pump and dump shit coin using Einstein Branding.

LTC is in the process of dethroning BTC - many will try to ride the fame and will fail miserably.
 

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[mercedes321]

light are on similar push as ETH when it was 20 usd, it went from 20 to 420, imagine now 100x21= 2100 usd, or with other words fibo extension 161.8 against BTC is at 0.03271, Ofcourse it wont just shoot up, or it will ...haha...but thats where we should be going, charts saying that https://cryptowat.ch/poloniex/ltcbtc/1w

[valerie_zurich]

How far will litecoin reach? Come comment on our daily chart segment.

Litecoin kept on rising to new all time high prices with LTC/USD markets keeping on a bullish market sentiment as prices rise above $300 while the currency rocks a price rise greater than %50 through the last 24 hours.



Chart Source:
https://cryptocoincharts.info/pair/ltc/usd/bitfinex/today

[zahidmoon]

What happens with LTC, when BTC will be with lightning network??

a

LTC = LOW FEES = GOD - - VS - -  BTC = HIGH FEES = little king.

Whats in your wallet?

70% in LTC, 30% in other altcoins and BTC. I think price of LTC will be huge dump, when it will happen.

i don't think the price will gonna dump too hard because its not a pump and dump coin
it already crossed 300$ and if it will dump then i think its not going down more then 210$ or 230$
and LTC is now the 3rd famous coin in crypto coin after BTC and ETH coin
but congrates for the holders of LTC because LTC price is up more then BTC and ETH in percentage
i remembered that once LTC was traded not more then 10$ in this year

[Myriad Force]

If LTC is worth $300 already for a reason, it's then worth at least $30,000, since its better than BTC.

Next leg up incoming . .

[mehar_gee]

If LTC is worth $300 already for a reason, it's then worth at least $30,000, since its better than BTC.

Next leg up incoming . .

you have a point but its will take some time to get there
i think its price at 300$ is also a very good achievement now LTC community is expanding
and world knows the power of this coin maybe someday per LTC worth thousands of dollars
but now i hope LTC price will stay above 300$ and never let down then this point

[Myriad Force]

Resisting is Futile . .
https://litecoin.com
https://twitter.com/LiteCoinNews
www.reddit.com/r/litecoin
https://coinmarketcap.com/currencies/litecoin/
https://bitcointalk.org/index.php?topic=47417.0
https://www.binance.com/tradeDetail.html?symbol=LTC_BTC
LTC Discord - https://discordapp.com/invite/MTFJN6f

[JayFKay]

Litecoin now has a really nice consolidation sitting on or above the U.S.$320 shelf
(even if it dips mometarily to 310, resistance pushes it straight back to 320+)

Litecoin still has the no.2 trading volume in the world!
It continues to out trade Ethereum by volume and Bitcoin volume continues to drop
from BTC 51%, back to 41% yesterday and today its down to 38.68%

If my theory about the big boys from USA Markets investing in the big alternative coins ahead of a Bitcoin short attempt is correct then money flowing into Litecoin from them makes a lot of sense and we have just seen close to U.S. $38 Billion invested in Crypto in the last 24 hours & taking us thru the $500 Billion mark.

Of course if this theory is true you would also expect to see them investing in the other top coins Eth, Ripple, Dash .. and what do you know - all time highs.

But Litecoin (putting aside Ripple with it's massive deflationary 99 billion coins issue versus Litecoins 84 Million) has the most room to grow.

Exciting times for Litecoin hodlers! Every time another market wakes up - we go up!

[bmgbmg]

Market cap is not the same as volume.  

A coin launches with 1M supply, one trade takes place of $10, it’s instantly a $10M market.

See how it works?

It’s not real money.

[Myriad Force]

Join this group called -
'Dont Sell Litecoin: Fuck the Banks' -
https://www.facebook.com/groups/523466411163265

[shensu]

Litecoin price against Bitcoin looking great!

[Nowhere but up]

C'mon C'mon C'mon C'mon C'mon C'mon my respected brethren, 10% of Bitcoin now puts Litecoin at 546!!!!!!!
Are you kidding me so undervalued in my opinion at 320, nice support at 300 to 310  how long until this coin runs up like Bitcoin, it's doing it now! I mean how long until Litecoin is adopted for speed and low fees and Bitcoin dumped and only used for wealth storage. It must be just days ahead not even a month. Litecoin was on CNBC the other day and it's one of the big 3 coins at Coinbase where they are signing up literally 100000 accounts per week.

Below reprint of my opinion from a few days ago, just my opinion...
It should be obvious to both Professional Money Managers and the public that with the
High Bitcoin fees Litecoin will now move in to that spending space. Since Litecoin has a Block every 2.5 minutes versus 10 minutes for Bitcoin all a merchant has to do is require 4 confirmations to be as secure as Bitcoin even though 1 confirmation is good enough for small purchase. If bitcoin is 288 billion market cap then Litecoin should trade Between minimum 10% and 25% max of bitcoin putting Litecoin market cap 28 billion to 72 billion. Thus right now since Litecoin market cap is only 11 billion and 215 price then 28 billion/11 billion = 2.54*215 Litecoin price equals minimum value for Litecoin of 546 to a high of 72 billion/11billion = 6.54 *215 which equals a high valuation (based on Bitcoins current price of 16000) of 1406 for Litecoin.
That's right that is the valuation right now not two weeks from now, so Litecoin is worth 546 to 1406 and it is currently just 219 this second. This is a 1000 coin in my opinion by analyzing the current environment and the high fee problems Bitcoin will be saddled with for many many months it may get worse for them. At best Bitcoin is for storage of wealth and Litecoin is for everything else both storage of wealth and the cost effective movement of money with no borders.

[marcelocoin]

Lite coin has always been the silver of bitcoin, it's just rising in price, I really like DEV Lee, I'm happy to see these projects being known worldwide.

[OWZ1337]

Lite coin has always been the silver of bitcoin, it's just rising in price, I really like DEV Lee, I'm happy to see these projects being known worldwide.

DEV Lee is a comical caricature all he does is lurk ~ maybe all the free funny money has shrouded his judgement :-D lmfao

[Petersha]

OMG all coins are doing good at the moment and litecoin is already 200% up.

[cx.nohara]

Litecoin should reach $800 to $1,000 (if not more) by end of 2018.

[EMS-007]

With Bitcoin Futures starting this week, BTC will be far too risky to invest in.
The smarter coin is now LTC, here is why:
1 Charlie Lee - a leader everyone knows.
2 Private
3 Atomic Swap
4 a Brand (silver to Btc gold)
5 Great Followers
6  LTC is 8 years old
7 Never forked
8 Only 84 million
9 CHEAP!!!!!!!
10 on Coinbase

Just wondering why Litecoin will never be Forked?

[c0l0n]

If LTC is worth $300 already for a reason, it's then worth at least $30,000, since its better than BTC.

Next leg up incoming . .

you have a point but its will take some time to get there
i think its price at 300$ is also a very good achievement now LTC community is expanding
and world knows the power of this coin maybe someday per LTC worth thousands of dollars
but now i hope LTC price will stay above 300$ and never let down then this point

Yeah ltc has done very very well

[JayFKay]

Litecoin hasn't forked because they were already smart and so with Segregated Witness, as soon as it was released as a proposed blockchain upgrade to allow speedier off-chain transactions, Litecoin threw its full weight behind the proposal and was the first to integrate it.

Litecoin also has the small transactions exchange advantage in particular, as the fees are substantially lower than those for Bitcoin.
So for the traders / investors you'll spend less money paying to buy or sell Litecoin than you would Bitcoin.

People are also waking up to the fact that Litecoin does pretty much everything Bitcoin does but 4 x faster, mining it is easier & takes way less energy but unlike ETH & Ripple its still pretty limited supply at 84 million. And its way cheaper* than BTC, ETH, BCH or Dash.

* for now...


If my projection chart (simply based on December daily price levels) is correct and we do get to $700 this year, the current price will look like a bargain
 

[JayFKay]

Oh one thing I forgot to mention..

For those looking to verify the status of Litecoin's undervalued price and why we are seeing these rises think about this:

On July 11 this year Litecoins Market Cap was U.S.$ 3.3 Billion and Bitcoin's Market cap was U.S. $120 Billion.

So that Means Litecoin was about 1/40th the size.

Today Litecoin's Market Cap has blown up 5x to 16.8 Billion Versus Bitcoin's x 2.35 to 282 Billion

So that means Litecoin is now bigger than 1/17th of Bitcoin and growing rapidly

the price growth still has a lot of catching up to do by my calculations
a Litecoin right now in real terms should really be worth $637.

I guess that's part of the reason why all the articles about Litecoin tend to conclude its undervalued.