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

[CoinCodex]

Litecoin showing bullish signs!

https://coincodex.com/article/3759/litecoin-price-analysis-litecoin-bulls-defend-100-with-strength/

[lonesomestranger]

Litecoin Hashrate reaches another all time high with new L5 ASIC miners rumoured

It has been an astonishingly bullish last few months for Litecoin and the crypto ecosystem, which has seen not only prices rise as a result, but network security in the form of hashrate with it. What is perhaps more impressive is that despite the run up, only Litecoin appears to be making new hashrate highs.

Read further: https://litecoin.com/en/news/litecoin-hashrate-reaches-another-all-time-high-with-new-l5-asic-miners-rumoured

[super458]

this increase is completely bogus, BTC.LTC.ETH ..... they can swallow your investments in a week .already this concept doesn't make sense . attention.  if you want a real investment, get XRP in the long run ! . real banking and a real network .

[Ano]

this increase is completely bogus, BTC.LTC.ETH ..... they can swallow your investments in a week .already this concept doesn't make sense . attention.  if you want a real investment, get XRP in the long run ! . real banking and a real network .

XRP is completely centralized coin there is no support from banking for the coin they only use this platform for testing purpose and have no plan to adopt this coin. In long run XRP will go to zero but LTC will rock.

[rgsnedds]

XRP is a database, not a blockchain.

[banulong]

this increase is completely bogus, BTC.LTC.ETH ..... they can swallow your investments in a week .already this concept doesn't make sense . attention.  if you want a real investment, get XRP in the long run ! . real banking and a real network .

XRP is completely centralized coin there is no support from banking for the coin they only use this platform for testing purpose and have no plan to adopt this coin. In long run XRP will go to zero but LTC will rock.

100% agree. Xrp supply is unlimited like fiat, LTC is capped with more usage and liquidity.

[dr.cheema]

Looks like the bulls are going for another run! I this it's doable that Litecoin price reaches $200 by the end of June 2019!

https://coincodex.com/article/3717/litecoin-price-analysis-ltc-is-consolidating-above-100/

This is not surprising, the closer halfing the higher the price of LTC (and this is true not only for him, the BTC was a similar situation). Perhaps the price corridor will be a little different.

If price can break this ascending triangle it will be a great trade opportunity for buying. Otherwise, it will be a fake breakout which will guide for more pump-dump traps. Halving will surely affect LTC all along with this summer.

A breakout isn't a guarantee. Many times it is a falling knife. Try to look at the previous breakout. A stop loss is necessary in this case.

breakout in not a guarantee i agree but at-least its good hope for the coins holders, trade crypto or other currency is depend on always on hope and research, definite is is nothing is this business, well litecoin make great progress in last two months and hopefully holders will get more, price from 30$ to above 100$ is a good breakout

Pump and dump is the part of crypto market so no need to worry about this little dump and if market goes down %5 then Everybody see that next market goes up %10 that' why LTC trading at above $110, we can expect that this month we could see big rise in market again.
https://www.newsbtc.com/2019/06/07/litecoin-lifted-9-as-halving-nears-can-it-hit-200-in-60-days/

[Anhtatsu]

this increase is completely bogus, BTC.LTC.ETH ..... they can swallow your investments in a week .already this concept doesn't make sense . attention.  if you want a real investment, get XRP in the long run ! . real banking and a real network .

XRP is a shitcoin, worthless

[zahidmoon]

XRP is a centralized system, which is implemented by cunning bankers.

XRP centralized system is mabe good for banking but that is not the solution. solution is decentralized and baking will not own that i assume. this is why decentralized system is still struggling with banking system and banks are not ready to decentralizing happens.
btc litecoin and eth is best for decentralization and its is good, easy and secure way to transfer payments between to parties

[CORNEL]

Litecoin has best team behind it and now it getting more attention this is the key of the big success when community start growing rapidly and support from big merchants keep increasing. I believe one day it will be more strong than before.

[Searing]

Litecoin has best team behind it and now it getting more attention this is the key of the big success when community start growing racpidly and support from big merchants keep increasing. I believe one day it will be more strong than before.

The problem now, IMHO, is that what 'newbies' consider 'Silver to Bitcoin's Gold' is not Litecoin anymore but the Bitcoin Forks: Bitcoin Cash (BCH) and  BitcoinSV (BSV).

Now it seems most 'newbies' I talk to are 'buying' into this idea. Very few have heard about Litecoin. I guess the more noise you make and sh*t you throw like Craig Wright

is doing, the better the scam coins of BCH and BSV are doing. The best thing to happen to Litecoin (and Bitcoin) would be for Craig Wright to be proven the fraud that I think

he is if that happened...Bitcoin SV and indeed Bitcoin Cash would again become irrelevant and Litecoin would go back to its 'rightful' place, IMHO, of leading all the altcoins

in price. This is unlikely as hell, but hey a guy can dream.

Hopefully, the Litecoin Halving and the new mimblewimble (privacy transactions) will make some noise and news and let Litecoin soar again. We will be the first to know.

Chump or Champ.

later

Brad

[IPVPIRL]

I find current Litecoin price unsustainable and have to urge caution when buying at this level. The only reason that made price pump 500% is the halving which is two months away and all these people shilling like madmen.
If you don't want to cut your losses sell while still on profit. I don't know who exactly will buy this coin or why it exists besides speculation. I don't see comments covering anything else besides price so I guess it has no other use. Even when at 20$ Litecoin had little appeal. Just move into Bitcoin and spent your time on the real deal.

[igorttomic]

Litecoin strong bullish again: https://www.publish0x.com/amazing-world-of-cryptos/litecoin-strong-bullish-again-xvwzqz

[Searing]

I find current Litecoin price unsustainable and have to urge caution when buying at this level. The only reason that made price pump 500% is the halving which is two months away and all these people shilling like madmen.
If you don't want to cut your losses sell while still on profit. I don't know who exactly will buy this coin or why it exists besides speculation. I don't see comments covering anything else besides price so I guess it has no other use. Even when at 20$ Litecoin had little appeal. Just move into Bitcoin and spent your time on the real deal.

Then again, IMHO, it may be 'undervalued' compared to BCH and BSV, again IMHO. Litecoin may be undervalued and making a play to get in that sandbox of pricing.

Traditionally, (way in the past at least) Litecoin, used to, be a way to tell the actions of bitcoin. Many times LTC would pump just before bitcoin or dump just before bitcoin.

So you could be right, this could all be FOMO on Litecoin. But I suspect if you are correct and it is all FOMO, it will affect Bitcoin next, and if so, likely this FOMO pump you

are seeing is not done yet.

Me, I'm in full HODL mode on BTC, LTC, LISK, Siacoin, and (embarrassing because I have a lot) Fujicoin (don't ask).

Without mining options (for now) that make any sense for Litecoin, just keeping the 'remains' of my mining hoard above in full HODL mode.

hey, stuff to do.

later

brad

[starkovblue]

Litecoin strong bullish again: https://www.publish0x.com/amazing-world-of-cryptos/litecoin-strong-bullish-again-xvwzqz

Very good growth in volume has been on lately.
And as the price rises, the big players come in. I think we will grow to the next resistance level for sure.

[dr.cheema]

Litecoin strong bullish again: https://www.publish0x.com/amazing-world-of-cryptos/litecoin-strong-bullish-again-xvwzqz

No doubt! Litecoin and other top crypto's prices still stable and not moving up nor down but we can expect in coming months..
we could see massive gain in crypto market and we should hold LTC for profit, positive news on the way.
https://www.fxstreet.com/cryptocurrencies/news/cryptocurrency-market-update-altcoins-flex-muscles-litecoin-ripple-and-ethereum-lead-the-way-201906101253

[bitcoin_diamond]

SEC CONSIDERING LITECOIN AS SECURITY BAD NEWS FOR LITECOIN..
https://www.cryptonewsz.com/sec-confirms-ethereum-as-legal-usable-currency-terms-kin-token-as-securities-in-a-lawsuit/24284/

[Searing]

SEC CONSIDERING LITECOIN AS SECURITY BAD NEWS FOR LITECOIN..
https://www.cryptonewsz.com/sec-confirms-ethereum-as-legal-usable-currency-terms-kin-token-as-securities-in-a-lawsuit/24284/

er...maybe it is just me..but re-read the above link you just posted. The article above seems to say the opposite of what you are thinking

quote from above

What this could mean is that forks of these two blockchains, including Bitcoin Cash, Litecoin, Ethereum Classic, etc.
can also manage to doge the tag of ‘securities’ rather than currencies.

unquote

see forks of these two blockchains....litecoin....can also dodge the tag of securities

So this says to me that likely Litecoin and forks of bitcoin will likely NOT be seen as securities

you may want  to correct your previous post

brad

[bitcoin_diamond]

SEC CONSIDERING LITECOIN AS SECURITY BAD NEWS FOR LITECOIN..
https://www.cryptonewsz.com/sec-confirms-ethereum-as-legal-usable-currency-terms-kin-token-as-securities-in-a-lawsuit/24284/

er...maybe it is just me..but re-read the above link you just posted. The article above seems to say the opposite of what you are thinking

quote from above

What this could mean is that forks of these two blockchains, including Bitcoin Cash, Litecoin, Ethereum Classic, etc.
can also manage to doge the tag of ‘securities’ rather than currencies.

unquote

see forks of these two blockchains....litecoin....can also dodge the tag of securities

So this says to me that likely Litecoin and forks of bitcoin will likely NOT be seen as securities

you may want  to correct your previous post

brad

WELL changes are high for it to be called as securities cuz they use copied source from bitcoin

[Searing]

SEC CONSIDERING LITECOIN AS SECURITY BAD NEWS FOR LITECOIN..
https://www.cryptonewsz.com/sec-confirms-ethereum-as-legal-usable-currency-terms-kin-token-as-securities-in-a-lawsuit/24284/

er...maybe it is just me..but re-read the above link you just posted. The article above seems to say the opposite of what you are thinking

quote from above

What this could mean is that forks of these two blockchains, including Bitcoin Cash, Litecoin, Ethereum Classic, etc.
can also manage to doge the tag of ‘securities’ rather than currencies.

unquote

see forks of these two blockchains....litecoin....can also dodge the tag of securities

So this says to me that likely Litecoin and forks of bitcoin will likely NOT be seen as securities

you may want  to correct your previous post

brad

WELL changes are high for it to be called as securities cuz they use copied source from bitcoin

Just saying the article says the opposite. The fact that Bitcoin and Eth are NOT called securities...means (article) that the forks like Litecoin are likely to duck 'also' being called securities.

Also as an aside. There was 'no value' to the Litecoin copy of Bitcoin. It started from 0 worth with its own blockchain I believe. Thus no (see below) IRS forked coin $$$ from the sky issues.

Anything is possible. But the logic goes like this. If Bitcoin is NOT considered security..then it is likely forks of Bitcoin will also not be considered a security.

As to being forks and IRS and value of forks. That is another issue. (see above) Litecoin actually does not fall under value for forked coins via IRS in the fork did not pay out back in the

day. Again this is an aside to your question/view.

Who knows, just saying that is the counter-argument is above. You could very well be right. It is all very muddied.