Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 287. (Read 1467278 times)

Yes, once people have ROI on last years mining equipment, later this year

So whats your point? That we are going up?

If's official, it would cost $5 million to develop a 16nm ASIC Chip for scrypt algorithm

From Marco Streng interview (CEO of Genesis Mining):

https://www.youtube.com/watch?v=8ROQZZhjY1c

Yearly, coin production value at $1.80 is $18,921,600

Using this formula, 10% is R&D ($5 million for 16nm), ratio of 10 to 1 on R&D versus Profit, total manufacturing profits must be $50 million. If, profit margin on selling units is 10%, then net sales will need to be $500 million.

Modifying the formula for lower profits:

Using this formula, 10% is R&D ($5 million for 16nm), ratio of 1 to 1 on R&D versus Profit, total manufacturing profits must be $10 million. If, profit margin on selling units is 10%, then net sales will need to be $100 million.

Essentially, you are not going to see a 16nm Scrypt mining ASIC on Litecoin at $1.80

Thank god you fixed the login section...

Litecoin Price, markets, news, charts:

http://www.coinfinance.com/currencies/LTC-Litecoin

Don't forget about the fact that EVERY banking system can be hacked....

Yes, crypto currencies are much more reliable then traditional banks

I'll give you an example, Barclay's Bank online service is down for maintenance for another 24 hours.

This brings, the downtime of their online banking site this year to 1 week

In the last 3 years, the Litecoin has 0 days lost from it's usability 

The Bitcoins network has lost 0 days in the last 6 years from it's usability

The crypto currency network is 100% reliable when compared to the traditional banking system, even though the traditional banks have spent billions on there online infrastructure

 

Now is the time to become billionares. LTC doesn't go down, it just tricks people into selling. Don't be a fool, Buy Litecoin and be cool.

You don't seem to understand the ethos of crypto-currencies

Nor, do you seem to understand the limitations of any currency

And, I am not going to liberate you from your ignorance

So lucky why? Its been difficult for both BTC LTC

So lucky for litecoin

If you're a small investor, you should be prepared to buy crypto currencies like Litecoins whilst there price is going down

Because, when the huge investors start buying up coins, the price will increase so quickly that your opportunity to benefit will disappear. Sitting on exchanges 24/7 is not a fun and small investor usually have jobs to go too And, can't wait for events that occur once every 6-8weeks

I bought LTC all the way down

0.0067BTC
0.0066BTC
0.0065BTC
0.0064BTC
0.0063BTC
0.0062BTC
0.0061BTC

This is the only way small investors can be on the right side of market prices.  You just need to do some proper mathematics and macro economic calculations to work out which coins are:

a) Bust coins - developers have disappeared - servers or nodes are paid up for 1 year
b) Hobbyist coins - cult coins or bust coin saved by the owners of coin to enjoying being the boss  
c) Economic coin - high volume and price above 50 cent  

d) New coin - speculation as high profit or loss opportunities

Litecoin is economic coin, you can only go wrong when the cost of producing extra coins (ROI on investment + plus labor + electricity) is greater then x1.6 compared to a POW coin's 4 year period from one block halving to another block halving. This is tricky to judge due to the "gravity well rise in difficulty" as outsiders buy hashpower to get Fiat Currency out of mining a crypto currency when the prices excessively exceed the cost of producing extra coins. And, electricity and labor costs are not universal constant around the world

I hope everyone knows, when the block halving on LTC is?    

So, today LTC goes from 0.00625BTC to 0.0078BTC in 3 hours - small investors need to take advantage of slumps in coin prices to buy economic coins, otherwise they will not make net profits on crypto currencies from low risk investments

 

These sorta people are exactly thre reason crypto is having this dip, all the noobs on their get rich quick scheme, not gonna happen, but it gives us something much more, the chance to build together on a system that takes away our slave owners, banks and governments....

time will tell, who knows?

Maybe you shouldnt be using cryptos in general as a revenue as opposed to what the original idea was which was to utilize it to bring the power of money back to the people. You know, kind of like what Satoshi said?

No enhancements on pipeline and obviously no chance for speculation/ pump.

you should wait for the next pump.

It is indeed

maybe it is long-term for the old ltc and doge.

Well, at least there is a positive article about Litecoin this morning!

http://www.cryptoarticles.com/crypto-news/isg3d-now-accepting-dogecoin-litecoin-and-others-for-their-3d-printer

ISG3D NOW ACCEPTING DOGECOIN, LITECOIN AND OTHERS FOR THEIR 3D PRINTER