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

[zahidmoon]

The Litecoin price is up another 10% in the past 24 hours. The average LTC to USD rate at the time of writing was $338.64. The LTC to BTC rate also edged up by 9.42% to $0.01919.The majority of the trades are flowing in from the U.S. exchange GDAX, where LTC prices are hovering over $338.00. The trade volume for Litecoin on GDAX is beating Bitcoin and Ethereum. South Korean exchange Bithumb is pulling in the second-highest trade volume, followed by Bitfinex.

litecoin price is going up very fast and yes in 24hours litecoin price up more then 10%
could litecoin beat eth coin? i think if litecoin will go up like this then in a month lite coin price will be more the eth
lite coin price is more then 350$ with that huge supply
and the price maybe go up to 1000$ in 2018 summer
crypto community is now expanding very fast

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[JayFKay]

Here is another American TV news story on LITECOIN - https://www.cnbc.com/id/15840232/?video=3000678422&play=1

And here's a story from Europe: https://www.neweurope.eu/article/cryptocurrencies-litecoin-price-skyrockets-ethereum-follows-bitcoin-futures-premiere/

Wow it's amazing that Litecoin added another U.S.$6 Billion dollars overnight when its whole market cap was 3.3 Billion just back in July - now its $23.3 billion!

LITECOIN was 1/17th the size of Bitcoin yesterday, its 1/16th the size today!

It's also made the news that Iota's 'partnership' with microsoft was not an official one in case you're wondering why Iota's rally is dropping off a cliff. Glad I've traded all mine now.

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(Regarding EMC2 - going up .. sorry I don't see it.. down 25% for the week and $2.09 a coin / but I think Litecoin could get to dash prices sometime in mid-late 18 )
 

[JayFKay]

here's another perspective to help those sitting on the sidelines:

2017 = Bitcoin up around 1500%
 
2017 = Litecoin up around $5900%

source - https://freedman.club/en/litecoin-stoit-bolshe-300-dollarov/ (Freedman Club - the international community of practicing Internet investors)

[MMysterious]

here's another perspective to help those sitting on the sidelines:

2017 = Bitcoin up around 1500%
 
2017 = Litecoin up around $5900%

source - https://freedman.club/en/litecoin-stoit-bolshe-300-dollarov/ (Freedman Club - the international community of practicing Internet investors)

And Litecoin is still far from its true potential. Do we see a $100 billion market cap on Litecoin next year? Crypto market is becoming bigger and Litecoin is one of its top.

[JayFKay]

Absolutely agree.

Bitcoin is expensive, Litecoin is cheaper enough that regular people can buy & invest in some.

And you can see America is choosing Litecoin as its top coin to invest in right now - all that positive news in that country..

See it for yourself the GDAX USA exchange Litecoin figures are outselling Bitcoin & Ethereum by hundreds of millions of dollars.
https://coinmarketcap.com/currencies/volume/24-hour/   - and that's 3 days in a row since US Bitcoin futures opened...

We've seen the American markets open wider with the Bitcoin futures opening there this weekend & BTC's big & Litecoin'S massive growth all over the TV, Web & Newspaper news and there are millions of Americans who don't have $20 - 50k to invest but they might have 2-5k which gets them a chunk of Litecoins.

So it's

- way more smaller investor friendly
- 4 x faster transactions than bitcoin
- higher tech
- And Litecoin being 5900% up for the year Vs only 1500% for bitcoin you can bet means it's where the smart 'big money' is going/headed also
  

[phieudu2601]

Hello devs, can I ask some questions about Litecoin? Were any altcoins or tokens be created from Litecoin base? If have, how many and how can I find the trustful information source? Thank you.

[OWZ1337]

Hello devs, can I ask some questions about Litecoin? Were any altcoins or tokens be created from Litecoin base? If have, how many and how can I find the trustful information source? Thank you.

LitecoinPlatinum™(((EMC2))) is a legit fork of LTC/LITECOIN watch for a tremendous climb to 1-1 with LTC #1 weee™



https://poloniex.com/exchange#btc_emc2

[BayAreaCoins]

FreeBitcoins.com is still purchasing empty Bitcoin, Litecoin and Dogecoin addresses for over $26.00 each.  Check to see if you qualify risk free: https://freebitcoins.com/clamchecker/dig/

There is now a tool that allows you to dig your entire wallet with just a few clicks.  https://freebitcoins.com/clamchecker/dig_wallet/

Get some extra Christmas shopping monies or buy moar LITecoin.

FreeBitcoins have paid out over $130,000 worth of Bitcoins this month alone.

PS: What's up homo? (OWZ1337 is a horrible penny "pumping" troll AKA he buys $10 and ra ra ra's on the interwebs)

[moretea]

What hardware would be needed to mine Litecoin?

Will Litecoin always stay PoW, or will it move to PoS at some point?

[moli1]

Man! at this point.. instead of stressing about trading for a coin or two..
have faith that Litecoin will only keep climbing up in the world!
Don’t follow the panic sellers and keep your stack safe.
(unless it’s obvious time for correction)
Litecoin Price Stable at $304 Coinmarketcap.
I hope we will see Litecoin at $400 soon.
Good Luck!

[JayFKay]

Yes a slight retreat is always normal after a big gain -

The new floor is US$300 watch for gains from here & a new floor higher up coming before you know it - trading in & out is a rookie mistake that just makes the exchanges richer - I'm holding all my Litecoin as my main safe hold (ie 80%) and just trade the alts with my other 20% and then bank the gains back into Litecoin after they rise or before I sleep - changing massive swathes of your coins daily will eat away profits.

Be calm, the gains on Litecoin this week alone would take your savings decades in the bank and there is clearly more to come.

My guess based on charting the daily December prices to date is $700 before 2018 but I'd be happy with any gains - its already been great!

[brbrbrum]

WHAT THE NEWS?

Nothing, the market is just digesting the pump. That means some people are happy and sell off a bit. Then we continue

[ephraim_90]

What is the capacity per block of litecoin? It was said that it is 4x faster than BTC, i am curious about this. Thanks for the answer

[Spaniarder]

Guys,
Do you think a correction is coming or the price is going to stay high (or even go higher)?

It will continue higher throughout 2018 and beyond, with small dips along the way.
The crypto world knows what is going on, no longer in the dark as to what coin is superior.

LTC to at least $8000 in 2018.

If you only read the headlines it sounds like truth  however this enthusiasm  will get dampened by the first damp in 2018.

[moli1]

Will someone please look at the 6 hr chart on GDAX and
tell me you see what I am seeing and
it is about as classic as you can get too.
Cup and handle and an obvious one. $400 today?

[klax]

hm, I was just checking on coinmarketcap ... $293.29 USD (-11.00%)
Is this a good entry point for Litecoin ? Do you guys think it will eventually pass the $400 ? What else can drive the price so high in such a short time ?

[PlanetCrypto]

If the current situation develops, LTC is likely to reach $500, or higher.It is possible to achieve btc5% price.

[Mika141]

Ltc will reach next high by the end of the week. Big asian players comin in.

[stunvn]

The bubble is waiting to burst.

[JayFKay]

hm, I was just checking on coinmarketcap ... $293.29 USD (-11.00%)
Is this a good entry point for Litecoin ? Do you guys think it will eventually pass the $400 ? What else can drive the price so high in such a short time ?

The market cap was US $244 billion when I started investing 6 weeks ago - it's taken years to get there but only those 6 weeks to more than double to half a trillion dollars (hit that this week).

The in pouring of investment is phenomenal but stil only a 20th of the dotcom investments in the 90s, I think we could easily see 2-3 trillion market cap for the whole industry within a year which makes every coin worth a lot more & the quality ones an order of magnitude higher - specially the ones with a limited issue like Litecoin (84 mill) & not billions or a billion like Ripple.

The current price is excellent Litecoin buying in my opinion - its swung as low as its been for days and bound to snap back shortly as the next set of markets open.

As for bubbles hahahaha - the banks have been desperately trying to tell anyone who will listen that bitcoin was a bubble since it was $200.
Now those same banks are scrambling to join the crypto revolution - in fact Swiss banking giant UBS, along with other banking industry heavyweights, are planning to use blockchain as a means of complying with new regulations scheduled to go live in the EU on Jan. 3.