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

[Searing]

found this miner review on eastshore...unsure on if this is new or last year...I was hardly impressed if this is a pre-order
the date of the www.eastshore.xyz review was 2/20/19

https://www.eastshore.xyz/in-depth-evaluation-on-dismantling-of-goldshell-x5-litecoin-miner/

reviewed by www.eastshore.xyz but not sold by them

$1642 USD (plus China tariff of 25% and shipping and import fees about 2.5% I think..and again shipping) ouch!

1730mh at 2000 watts

www.litecoinpool.org/calc the litecoinpool calculator at

10c kWh and $81.39 coin give below

Profitability Analysis

   Expected Rewards   Costs   Net Profit
24 hours   0.07519854 LTC   6.12 USD   4.80 USD   1.32 USD
7 days   0.52638977 LTC   42.84 USD   33.60 USD   9.24 USD
30 days   2.25595615 LTC   183.61 USD   144.00 USD   39.61 USD

big whoop...$40 a month profit...joke city

just an FYI of crap that may be legit out there but makes zero sense

I think this is appropriate for the LTC thread in that it shows (if this is new equip) just how far behind the 'eight-ball'

everything is on miner equipment for LTC (even without the 25% tariff and the shipping and the import fees as the USA example)

ugly, ugly, ugly.

Brad


   
   

[|Admiral|]

found this miner review on eastshore...unsure on if this is new or last year...I was hardly impressed if this is a pre-order
the date of the www.eastshore.xyz review was 2/20/19

https://www.eastshore.xyz/in-depth-evaluation-on-dismantling-of-goldshell-x5-litecoin-miner/

reviewed by www.eastshore.xyz but not sold by them

$1642 USD (plus China tariff of 25% and shipping and import fees about 2.5% I think..and again shipping) ouch!

1730mh at 2000 watts

www.litecoinpool.org/calc the litecoinpool calculator at

10c kWh and $81.39 coin give below

Profitability Analysis

   Expected Rewards   Costs   Net Profit
24 hours   0.07519854 LTC   6.12 USD   4.80 USD   1.32 USD
7 days   0.52638977 LTC   42.84 USD   33.60 USD   9.24 USD
30 days   2.25595615 LTC   183.61 USD   144.00 USD   39.61 USD

big whoop...$40 a month profit...joke city

just an FYI of crap that may be legit out there but makes zero sense

I think this is appropriate for the LTC thread in that it shows (if this is new equip) just how far behind the 'eight-ball'

everything is on miner equipment for LTC (even without the 25% tariff and the shipping and the import fees as the USA example)

ugly, ugly, ugly.

Brad


   
   

It will take more than a year to take capital. It will not helpful for miner. Mining fee is not too much as the price of the miner.

[artdor]

I like lightcoin. The transfer fee is not large. And the coin is very promising. If you take on long-term, you can make good money. And you can also earn money on price fluctuations. Great project

[tyz]

Many folks will say in future I should grabbed few LTC at $80 when LTC will cross the $100 line and we will see very soon.
Anyway this is a market, up and down part of this market, if we can afford loss then invest otherwise stay away. 

20% profit isn't much in the crypto scene. This can be achieved with other coins within a day if you are well informed about news. It would look different, if the price rises $200 or higher, of which I am convinced in the medium and long term. LTC is a good investment though.

[tranthidung]

I like lightcoin. The transfer fee is not large. And the coin is very promising. If you take on long-term, you can make good money. And you can also earn money on price fluctuations. Great project

It is my first time to heard about Lightcoin.  

20% profit isn't much in the crypto scene. This can be achieved with other coins within a day if you are well informed about news. It would look different, if the price rises $200 or higher, of which I am convinced in the medium and long term. LTC is a good investment though.

In crypto, earning more than 50 percent of profits per day is very popular, as well as losing more than 50 percent of capital per day. Choosing good coins, and at the right time will help crypto investors to earn massive profits in short-term. In contrast, wrong choices at wrong time will lead to dramatical losses.

[|Admiral|]

I like lightcoin. The transfer fee is not large. And the coin is very promising. If you take on long-term, you can make good money. And you can also earn money on price fluctuations. Great project

Fee of transferring litecoin is too low than bitcoin and few other coin. "lightcoin" you write it do you mean something difference of litecoin or it is just a type error. There is much possibility that it is a typo error.

[Wassopotamia]

Coin is available on market Yobit
You can sell it there :   https://yobit.net/en/trade/LTC/USD
Current price : $80

Very nice price     

[kSL]

Coin is available on market Yobit
You can sell it there :   https://yobit.net/en/trade/LTC/USD
Current price : $80

Very nice price     

Very nice be if LTC back to 300 usd =) and now only hold and wait

[CORNEL]

Coin is available on market Yobit
You can sell it there :   https://yobit.net/en/trade/LTC/USD
Current price : $80

Very nice price     

Very nice be if LTC back to 300 usd =) and now only hold and wait

In current scenario it is not possible to see this kind of spike in short time of period for this the whole market have to move into positive direction like the last bull run. I also believe one day it will happen when we will see this but only for long term holding.

[bitcoin_age]

Bulls started accumulation great entry point for top 50 cryptos

[dr.cheema]

Coin is available on market Yobit
You can sell it there :   https://yobit.net/en/trade/LTC/USD
Current price : $80

Very nice price    

Very nice be if LTC back to 300 usd =) and now only hold and wait

Mate not so fast but we will see in future but nobody predict about crypto prices, if we think right time to invest then buy and HODL,
As we are seeing that we have not face red market but stable, we can expect prices will skyrocket very soon, currently LTC trading at $75.

[Searing]

Well, gonna dump my last equip sale into LTC. So go baby go. (recycle obelisk Sc1's into LTC) lol

brad


edit: pulled the trigger at $78.14 USD per LTC.

edit: I see the price as of 4/24 is $72.39...nice to see I still have it....wrong way Searing....I got skills in the 'wrong' direction on buying crypto!

[CoinCodex]

Litecoin could face a major correction, will the $63 support level hold the price above it?

https://coincodex.com/article/3483/litecoin-price-analysis-can-we-expect-ltc-to-correct-to-48/

[Freaks]

Litecoin could face a major correction, will the $63 support level hold the price above it?

https://coincodex.com/article/3483/litecoin-price-analysis-can-we-expect-ltc-to-correct-to-48/

Correction is much needed at this stage while Litecoin is moving ahead in upward direction. There are so many indicators who are predicting there will be little pull back and this could make this rally more healthy than before but chances are pretty low to pick more at low price.

[dncdog]

Litecoin could face a major correction, will the $63 support level hold the price above it?

https://coincodex.com/article/3483/litecoin-price-analysis-can-we-expect-ltc-to-correct-to-48/

Correction is normal thing, after Litecoin went long journey from .008x BTC to current price above 0.013 BTC per one Litecoin. It is normal with corrections of Bitcoin to come soon. $63 is your prediction on price of Litecoin with it's corrections, and I agreed that the coin might be dumped to around that price.

[zahidmoon]

Litecoin could face a major correction, will the $63 support level hold the price above it?

https://coincodex.com/article/3483/litecoin-price-analysis-can-we-expect-ltc-to-correct-to-48/

Correction is normal thing, after Litecoin went long journey from .008x BTC to current price above 0.013 BTC per one Litecoin. It is normal with corrections of Bitcoin to come soon. $63 is your prediction on price of Litecoin with it's corrections, and I agreed that the coin might be dumped to around that price.

you think that litecoin price is corrected now or still correction is going on? by my point of view that litecoin price is okay. so many news that impact on crypto negative. above 70$ price of litecoin is reasonable price for now in this current market condition.

[amrulshare]

Litecoin could face a major correction, will the $63 support level hold the price above it?

https://coincodex.com/article/3483/litecoin-price-analysis-can-we-expect-ltc-to-correct-to-48/

Correction is normal thing, after Litecoin went long journey from .008x BTC to current price above 0.013 BTC per one Litecoin. It is normal with corrections of Bitcoin to come soon. $63 is your prediction on price of Litecoin with it's corrections, and I agreed that the coin might be dumped to around that price.

you think that litecoin price is corrected now or still correction is going on? by my point of view that litecoin price is okay. so many news that impact on crypto negative. above 70$ price of litecoin is reasonable price for now in this current market condition.

i think, even though most markets are in freefall, $ 70 area is the best point to stay there.

[paddyfield]

I hope to drop a little more, I still need to buy more LTC.

[Xandan]

Lot has changed since the start of the year as we can see these dips are not effective anymore. They have slight impact which is vanished within hours and higher lows are being established. While many are distracted by price actions, development in market is also happening silently. TDameritrade hinted what is coming and people will feel lucky for buying at these ranges.

[Searing]

A question on LTC mining. (I'm out as of now..just curious).

Bitmain has a deal I heard of $80 million dollars of equipment with Utility Swap for excess Hydro Power above and beyond use (wasted) with various

China Utils in a 50/50 swap of some sort for essentially free electric for 1/2 the mining on equipment already owned. (I'd like that deal).

https://www.coindesk.com/bitmain-bitcoin-mining-farms-antminer

Anyway, has anyone heard if Bitmain is doing the same in mass with LTC mining, or is this all or mostly just BTC as a purely, summer operation for 4 months or so

till the expected excess hydro from excessive rainfall in China is burned up?

Folk have said from the BTC mining side they expect a jump in difficulty over the summer due to the above of at least 33% if not more...before Bitmain's

past equipment (BTC) is no longer profitable even for them. The last hurrah as it were...just wondering if we needed to watch our back on LTC mining as well

with the above and are included in such a cluster of 33% rise in difficulty for LTC as well.

later

edit: according to the article above it was like 7.9% increase for Bitmain doing BTC..but other sources I've heard said closer to 33% if they take off

from the BCH network. We will see. Damn, a 33% difficulty in LTC would really suck...even a 5-10% would suck for the age of scrypt-pow miners out there

in the world, even figuring they have already paid for themselves (mostly Bitmain L3's and L3+'s I'd assume)

Chinese Curse: May you live in interesting times.