Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 35. (Read 1467278 times)

https://coinmod.com/charlie-lee-guarantees-that-ltc-development-is-unassailable/
https://i2.wp.com/coinmod.com/wp-content/uploads/2019/08/Litecoin-charlie.jpg?resize=696%2C392&ssl=1

Since the halving has occured, we naturally expect the price to soar. A group of fellow traders asked if this is the beat time to invest. I said anything is possible in crypto.

Litecoin can also be traded on Buycrypto.Today
It's a new P2P fiat to crypto exchange for the Greek and European market.

A valid SEPA IBAN is all that is needed to create buy and sell offers for everyone else to see.

https://medium.com/@baddour/setting-up-a-litecoin-full-node-a-complete-step-by-step-recipe-that-anyone-can-follow-fb18b82d5cfe

this article can help you

How to set up the LTC all nodes wallet?

Halving: I am always amazed by the positive outlook at what seems to be the exact opposite for pricing event.
The fact that there will be fewer coins produced per time period than before is not likely to have too much of an impact, because of the big average volatility and, probably, because market already is looking at pricing as if the entire, maximum possible supply was already mined.
What is a potentially negative factor is that miners are about to get their earnings being cut in half instantly. This means that some of them may just become not profitable, therefore leave. This, in turn, could cause a chain reaction.

Great news for sellers and short traders to advertise on, try and round up some sheep.   I'm not sure its news that development takes time, I'd consider the time frame to make a judgement on as a year.    Its better to measure twice, cut once as the old saying goes and I dont see its negative news if they are slow to change protocol so long as its still being considered.   I cant say I know which is true exactly but I bet people are rushing to judge.

I'm wary of accumulating on hopes, I just want to see a population of users rise overall.   The change in peoples pockets amounts to a natural holding far harder to break down and for speculators to play with news to try and force trades on the price up or down.     The broader the base of users, the better the blockchain is proceeding and will reflect in it long term.     Short term people will tell a thousand stories while they wait, with varying amounts of truth as people are impatient of course.

Leaked messages from a Litecoin developer chat show no evidence of active development on privacy features as Litecoin users are hit with a large-scale privacy-compromising attack.

According to messages leaked from a Telegram chat with developers, Franklyn Richards, Director of the Litecoin Foundation, expressed frustration at the lack of any solid development progress on touted upcoming privacy improvements and vague answers from the development team:

Litecoin Trapped in Consolidation : https://www.publish0x.com/structure-trading/litecoin-trapped-consolidation-xxyeoq

I mean this is what we can only hope for right 

Litecoin Halving Aftermath: LTC Price, Hash Rate, Community Reaction

https://cointelegraph.com/news/litecoin-halving-aftermath-ltc-price-hash-rate-community-reaction

“So a lot of people are buying in because they expect the price to go up and that’s kind of a self-fulfilling prophecy. So, because they’re buying in, the price does actually go up.”

How has the recent halving affected a Litecoin? I don't mean a short-term rise in price and a further fall after that. I would like to know how this affected the Litecoin community and the project as a whole, since I had not watched the changes in the project for a long time. Yes, I understand that mining LTC has become more difficult. And do you think that the project still has good prospects and deserves the attention of investors?

It's a relatively new coin. Only 8 years old... We'll see what becomes of it

Me?

I think the price of LTC is going down because IMHO about 70% of the network is Bitmain L3's or L3+'s.

Thus, if they are mining underwater with that equipment, all these folk be it data halls or home users are dumping LTC before

the 10th of this month to pay bills etc.

So when a mess of Bitmain L3+ folk get eventually (could take a couple of months) then the difficulty will dump...then of course all the L3+'s

will come back up and no profit...this will go on for a bit until even the most novice of miners will figure out that they may as well leave the Bitmain

L3's or L3+'s off. It is not like an Innsolicon A+ next-generation unit, compared for what it cost, even after the Bitmain stuff goes off is gonna make

big money anyway.

But it is gonna take 6 weeks to a month for folk with these units that every time the difficulty goes down and they put the stuff back up...they are

still mining in the hole. Miner Capitulazation they call this. Just sooooooo...many of these Bitmain L3+ toasters it is gonna take a while for this to sink in.

Of course, LTC development better get their ass together and get Mimblewimble out and/or some such or this won't matter too much..price wise..in a few

months, IMHO.

let the yo/yo of difficulty vs equipment and LTC price begin!

Drama! Despair! Suspense! Angst! Surprise! Dismay!

Anyway, hopefully, I'm dead wrong, on my take on the LTC drama of difficulty/price and drama!

Brad

I think the price of LTC has already factored in the halvening. People have known about it in advance forever. I'd love to see it moon as I have a decent position but I don't see any fundamental reason for it to do so near term. Everything still seems to depend on bitcoin behavior.

Because of the litecoin halving event, in the past, when the same event occurred with bitcoin, the value of bitcoin has changed markedly and now we see a price as it is now, Litecoin as an in-house brother of bitcoin, people always put a lot of hope that it will develop as bitcoin, and with this event, this will be an opportunity for litecoin to prove that it deserves to stand with bitcoin. However, life in crypto is never sure, we should believe half, and half doubt, putting too much faith will be very dangerous.

Why?

Litecoin is sitting calm and not following the path of BTC it seems a storm will come very soon and many people will miss the chance to catch the train. I am very confident soon price will be sky rocket and the moon is on the way.

For the believers of the future store of value of Litecoin. They are accumulating as much Litecoin they could have for future purposes, right now it is hard to understand but maybe in the future economics of crypto it would make sense.

why litecoin has left no strength. it is at number five according to coinmarketcap in this current situation of the crypto market. there are also another good options besides litecoin but litecoin is also best two days ago its price touches 100$ and now its again at 89$, worry not because of the whole market is going little bit down with BTC. but one thing i agree with you that don't put too much into litecoin or any other crypto.

I think you should reduce your expectations for it and transfer some of your expectations to famous places because litecoin has so little strength left, many people here have been with it for years, they can recognize that problem, its development has slowed and so expectations are higher but it cannot meet our needs. Although it may increase each year at some stage but many competitors may increase more strongly, participate in it as a major safety investment but do not put too much into it.