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

[2chandwaney]

What is happening with LitePay?

Your question is not quite clear. Could you please clarify what exactly interests you Price decline or something else?

[RimmerAce]

What is happening with LitePay?

Your question is not quite clear. Could you please clarify what exactly interests you Price decline or something else?

Just some general information, what is happening with it since it started, are people using it, how well accepted it is

[rgsnedds]

I have the tax man to pay...so somewhat clueless on when I'm gonna sell some LTC to cover for such...

I will inform you all here, I always sell at the low and buy at the high...so at least some of you can time your buys to match my

ugly sales...(its a gift!)

surely if you don't sell them, it's not yet money... just keep 'em in the wallet.

But it is money. You can pay with litecoin no problem. As long as you can use something to pay for something else, shouldn't it automatically be considered 'money'?

when you sell is the key.....if the price is high ...you sell ..to cover expenses...if the price is low you have to sell more

also in the USA cryptocurrencies are considered property...if you sell before 1 year and 1 day it is 40% on capital gains and 10% to my state taxes (more or less)

and it is 20% on capital gains and 10% tax man..in that most of my LTC was at around $4.15 as you can tell this is gonna suck!

by the by ..I'm retired and trying to live off ALT hoard (saving BTC hoard) for the next 3 years..with hopefully mining at least into Fall 2018 worst case

thus have to keep ahead of the taxes that MAY be do..month to month..don't want to be caught behind the curve to tax man..if mining stops and income from

such stuff stops...or again..if price is low more ALT coins out the door like LTC to cover that optional stuff like: food/heat/clothing/medical etc

Sell OTC, tell nobody.. !


Funny enough.. i recall you saying that you were out of mining at the end of 2015... you're an old miner like me, you'll mine on until the day they put you in the ground brother!!

[mercedes321]

we dont have taxes on cripto,...only on mining BTC,...and also if they will tax it, marggin trades will be excluded. so nice country Still...
so pls really tell us, i plan to load some more...if at bad price even better

[zahidmoon]

well lite coin is again increasing in value and i think dump time is over
and about the Tex.
where GOVERNMENT apply Tex on crypto currency users and holders > that a lot and over
i mean look at bittrex and bitfinex.
Tex should be payed but not that much 

[mehar_gee]

yes after a great blood bath lite coin looks stable now and in green
i hope it will soon cross 200$ again
lite coin is now a very well known crypto currency
2018 will be a very big year for lite coin
in the end of 2018 maybe lite coin cross 500$ or more

[luksbit]

I wanted to understand why these coins like Litecoin always accompanies the BTC in the market, ie if BTC has a drop in value, almost all altcoin / coin also fall

[Searing]

I have the tax man to pay...so somewhat clueless on when I'm gonna sell some LTC to cover for such...

I will inform you all here, I always sell at the low and buy at the high...so at least some of you can time your buys to match my

ugly sales...(its a gift!)

surely if you don't sell them, it's not yet money... just keep 'em in the wallet.

But it is money. You can pay with litecoin no problem. As long as you can use something to pay for something else, shouldn't it automatically be considered 'money'?

when you sell is the key.....if the price is high ...you sell ..to cover expenses...if the price is low you have to sell more

also in the USA cryptocurrencies are considered property...if you sell before 1 year and 1 day it is 40% on capital gains and 10% to my state taxes (more or less)

and it is 20% on capital gains and 10% tax man..in that most of my LTC was at around $4.15 as you can tell this is gonna suck!

by the by ..I'm retired and trying to live off ALT hoard (saving BTC hoard) for the next 3 years..with hopefully mining at least into Fall 2018 worst case

thus have to keep ahead of the taxes that MAY be do..month to month..don't want to be caught behind the curve to tax man..if mining stops and income from

such stuff stops...or again..if price is low more ALT coins out the door like LTC to cover that optional stuff like: food/heat/clothing/medical etc

Sell OTC, tell nobody.. !


Funny enough.. i recall you saying that you were out of mining at the end of 2015... you're an old miner like me, you'll mine on until the day they put you in the ground brother!!

Yeah...well, KNC Liquidation Sale of 2015..got 6 new titans and a 7th new one off eBay....then I got a mess of Bitmain L3+'s April 1st, 2016 ordered...I posted on $4.15 LTC a $6 LTC floor

and was ...mocked...about it...I"m some kinda ASIC Savant..or something (or was)

went to $50 LTC promptly...every ..year I tell the CPA no more home business mining and/or unicorn equipment falling from the sky...currently waiting for the 'unicorn dump' of 2018 with

little hope...seems Mt.Gox Trustee is selling ($1.9 Billion to go) and hates everyone and panic sells on the low price....panics like a 12-year-old child....messing up BTC and Altcoin prices ..big time...

Also, remember Bitmain has captured all the Unicorns of many ASIC flavors on the equipment end...

We will see..this year I may be out!

[mercedes321]

to early to get out from holding, we havent reached 10Trilion mARKET YET, SO why left an early age, when now is the time that big ones are slowly to step in..?

[rgsnedds]

I have quoted this message to remind you at next block halving.  

[micle222]

Will litecoin find block like btc And can produce altcoin in that block. Please explain to me.
For example, BTC finds blocks that make segwit.

[easyrimka]

Will litecoin find block like btc And can produce altcoin in that block. Please explain to me.
For example, BTC finds blocks that make segwit.

what are you speaking about ?

[datguyian]

Yet another struggle at the border of 200 USD for our Litecoin just now...
Volume is up, price goes down, this is usually a messenger of unpleasant news...

Do you think it's not worth holding at this moment?

Nope, sell all. Trust me, I got this info from a random guy on the interwebs

Funny suggestion but it will work for all out of mind people who are looking for on this thread. Who don't remember that never anybody especially in long term investment who always lose and keep asking like that.

Not making decisions, just checking opinions)
As for me, not going to sell LTC anytime soon.

Everybody must take his/her own decisions, not based on the opinion of others. Rule #1 in crypto
Some say it is weak hands to sell while market is crashing; some say it smart ways to sell when market is crashing, so that you can buy the dip.
Choose wisely in anycase.

Depends of course when you sell while the market is crashing. If you hit the bottom with your sell order you are smashed. If you sell while it just starts to crash you might be off quite well. Always difficult to hit those movements perfectly. Better take profit when you are satisfied with your ROI.

Yeah, exactly on spot! This time it seems that I sold the bottom, instead of buying it. Sold almost all of my litecoin holdings when it was around 130 euro 2 days ago, hoping that the downtrend will continue. Actually LTC jumped with 20 euros above. Still, I am waiting and wil not re-buy until the price goes near what I sold to at latest

As long as you bought them at a cheaper price than you sold them for it is still a good trade for you. Hope that was the way it went!

[rrbuilder]

Hello everyone,
I just got into this altcoin with a vague idea of what im doing could someone recommend me a pool i should use? i have one so far but.. well.. im the only active worker for the past few hours (is that normal?) and if not is there a more active pool? so i can get my payouts faster? thanks. Any tips accepted  

[gembitz]

I have the tax man to pay...so somewhat clueless on when I'm gonna sell some LTC to cover for such...

I will inform you all here, I always sell at the low and buy at the high...so at least some of you can time your buys to match my

ugly sales...(its a gift!)

surely if you don't sell them, it's not yet money... just keep 'em in the wallet.

But it is money. You can pay with litecoin no problem. As long as you can use something to pay for something else, shouldn't it automatically be considered 'money'?

when you sell is the key.....if the price is high ...you sell ..to cover expenses...if the price is low you have to sell more

also in the USA cryptocurrencies are considered property...if you sell before 1 year and 1 day it is 40% on capital gains and 10% to my state taxes (more or less)

and it is 20% on capital gains and 10% tax man..in that most of my LTC was at around $4.15 as you can tell this is gonna suck!

by the by ..I'm retired and trying to live off ALT hoard (saving BTC hoard) for the next 3 years..with hopefully mining at least into Fall 2018 worst case

thus have to keep ahead of the taxes that MAY be do..month to month..don't want to be caught behind the curve to tax man..if mining stops and income from

such stuff stops...or again..if price is low more ALT coins out the door like LTC to cover that optional stuff like: food/heat/clothing/medical etc

Sell OTC, tell nobody.. !


Funny enough.. i recall you saying that you were out of mining at the end of 2015... you're an old miner like me, you'll mine on until the day they put you in the ground brother!!

Yeah...well, KNC Liquidation Sale of 2015..got 6 new titans and a 7th new one off eBay....then I got a mess of Bitmain L3+'s April 1st, 2016 ordered...I posted on $4.15 LTC a $6 LTC floor

and was ...mocked...about it...I"m some kinda ASIC Savant..or something (or was)

went to $50 LTC promptly...every ..year I tell the CPA no more home business mining and/or unicorn equipment falling from the sky...currently waiting for the 'unicorn dump' of 2018 with

little hope...seems Mt.Gox Trustee is selling ($1.9 Billion to go) and hates everyone and panic sells on the low price....panics like a 12-year-old child....messing up BTC and Altcoin prices ..big time...

Also, remember Bitmain has captured all the Unicorns of many ASIC flavors on the equipment end...

We will see..this year I may be out!

EMC2(Litecoin fork) prolly best for future mining profits go in the litecoin diaspora :-D *stay tuned*

===>

https://poloniex.com/exchange#btc_emc2

https://bittrex.com/Market/Index?MarketName=BTC-emc2

https://www.cryptopia.co.nz/Exchange/?market=EMC2_BTC

[Searing]

I have quoted this message to remind you at next block halving.  

not out on LTC or BTC HODL'ing...I may be out of personal LTC minnig the way I was pushed out of personal BTC mining in 2014....

sigh....

I need another equipment miracle this year...

'unicorn equipment falling from the sky" that makes sense and can ROI in a year w/o the usual bitmain ...dumping them like toaster games...

seems unlikely

brad

[rgsnedds]

I have quoted this message to remind you at next block halving.  

not out on LTC or BTC HODL'ing...I may be out of personal LTC minnig the way I was pushed out of personal BTC mining in 2014....

sigh....

I need another equipment miracle this year...

'unicorn equipment falling from the sky" that makes sense and can ROI in a year w/o the usual bitmain ...dumping them like toaster games...

seems unlikely

brad

or... regulations totally help out smaller miners by closing all the large mining farms and the network hashrate drops tremendously.

meh.. i reckon golden unicorn hardware falling from the sky is probably more likely.

[kobo_eth]

I have quoted this message to remind you at next block halving.  

not out on LTC or BTC HODL'ing...I may be out of personal LTC minnig the way I was pushed out of personal BTC mining in 2014....

sigh....

I need another equipment miracle this year...

'unicorn equipment falling from the sky" that makes sense and can ROI in a year w/o the usual bitmain ...dumping them like toaster games...

seems unlikely

brad

or... regulations totally help out smaller miners by closing all the large mining farms and the network hashrate drops tremendously.

meh.. i reckon golden unicorn hardware falling from the sky is probably more likely.

Bitmain might be dumping hardware at the moment, but the prices are really really nice. An S9 decreased from 2400 to 1900 USD with very quick shipment. Not to mention A3.
They also offer tons of discount coupons now - from 100 to 200 USD per machine. All of this is till June. I.e. we could expect any new unicorn coming in the second half of this year

[rgsnedds]

I have quoted this message to remind you at next block halving.  

not out on LTC or BTC HODL'ing...I may be out of personal LTC minnig the way I was pushed out of personal BTC mining in 2014....

sigh....

I need another equipment miracle this year...

'unicorn equipment falling from the sky" that makes sense and can ROI in a year w/o the usual bitmain ...dumping them like toaster games...

seems unlikely

brad

or... regulations totally help out smaller miners by closing all the large mining farms and the network hashrate drops tremendously.

meh.. i reckon golden unicorn hardware falling from the sky is probably more likely.

Bitmain might be dumping hardware at the moment, but the prices are really really nice. An S9 decreased from 2400 to 1900 USD with very quick shipment. Not to mention A3.
They also offer tons of discount coupons now - from 100 to 200 USD per machine. All of this is till June. I.e. we could expect any new unicorn coming in the second half of this year

perhaps the 7nm unicorns? which.. bitmain are probably currently mining with already.

[FenixRO]

Yes, you can imagine how much you can grow on earth and, for example, enrich
A tree that brings profit from the root to the crust
Everything that grows on the tree of the walnut, brings profit: leaves, bark, branches and especially wood, which is very expensive. The nut is used in the manufacture of briquettes, as well as the abrasive materials required for grinding engines. Wood of walnut is used in the furniture industry, the production of aircraft and automobiles. The price of a walnut tree can reach 1500 euros per cubic meter. In the long term, only walnut wood can generate revenues of about 450,000 euros per hectare. https://bitcointalk.org/index.php?topic=2998913.60