Litecoin (LTC) News, Price Predictions, Opinions and Analyses Created by Users

Litecoin (LTC)

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Litecoin (LTC) is a P2P and open source project invented by Charlie Lee in 2011. The LTC token resembles Bitcoin in many ways, but has many distinct differences which has led market enthusiasts to dub it the silver to Bitcoin’s gold. 

Litecoin is a fork of Bitcoin Core, and has a block generation time that is a quarter of Bitcoin’s, at 2.5 minutes and 4 times as many max tokens at 84 million tokens. It is also uses a different hashing algorithm that is more demanding of memory. 

Its mining algorithm requires processes to take place serially, which significantly reduces the advantage of those capable of purchasing ASIC hardware. The intention was to make mining as decentralized as possible, i.e. it makes the power to purchase expensive hardware less of a factor in determining mining capacity. Bitcoin, at this point, is well-known for its mining to be out of reach of most people. Litecoin is a financially lucrative alternative to the number 1 token in this regard.

LTC continues to be one of the most discussed and monitored cryptocurrencies still, years after its launch, a distinction not shared by many other cryptocurrencies. The quicker transaction processing times has led some analysts to believe that Litecoin will be a better alternative to Bitcoin in real-world applications, but scalability and performance improvements to Bitcoin (and Litecoin itself) could change opinions in the years to come. Founder Charlie Lee himself has said that Bitcoin does well as a store of value, while Litecoin is optimal for day to day transactions. 

In this tag, read Litecoin (LTC) news, price predictions, opinions and analyses created by users.


Short Term VECHAIN ( VET) Prediction UPDATE

1 hour ago 1 minute read 0 comments skyislimit

Let's see first what we said last time "New support stays at $0.0030 level and resistance is $0.0035. Volume is up last 7 days and buyers are more coming, At this level, it may go sideways but once it breaks resistance point then it may reach to $0.0...

75% Of Cryptocurrency Assets Drop Down In Price Values In The Last 24 hours

2 hours ago 1 minute read 1 comment Dominus1

Happy good Friday to everyone irrespective of your religion. We are in the holy week and under quarantine on both occasions for our own future. Bad news for all Cryptocurrency lovers, holders, hodlers and traders as 75 percent of Crypto assets all in...

Surviving Economic Collapse Through Dash, Bitcoin, Litecoin, and Precious Metals - Kennedy Financial

12 hours ago 1 minute read 2 comments TheDesertLynx

I had the pleasure of appearing on Kennedy Financial to talk about the recent economic collapse created by the global pandemic scare, and its consequences for people's savings and purchasing power after the Federal Reserve hyperinflates the dollar....

How to use debt history to get rich - Ray Dalio

14 hours ago 1 minute read 0 comments Call me Steven

So we are in a crisis. Not the first, and honestly, not the last time. The important thing is how we deal with the crisis and what we draw out of it. A lot of people, especially in the crypto community saw the chance to buy, with the price of assets...

BITCOIN SV (BSV) My short term prediction UPDATE

17 hours ago 1 minute read 0 comments skyislimit

Look at first what we said before and what has happened so far "As you see from the daily chart little movement and sideways moving most of the time. Volume is little and to enough buyers to push price up It is weak. Support stays at $165 level and f...

Litecoin (LTC) Forming Bullish Gartley | A Good Long Opportunity On Short Term

18 hours ago 1 minute read 0 comments moon333

Previously on 8th Jan I posted an article where on 12 hour chart the Litecoin with Bitcoin pair was forming bullish Shark then finally the price action of LTC entered in PRZ area and produced more than 45% gains. Before execution: Click here to visi...

The Grind to Rank 71 on Cointiply

19 hours ago 8 minute read 10 comments Thomas Wolf

I felt this was important to share because it has been my largest earner.  I also feel people quickly overlook the importance of how to utilize functions on the site that make you money faster and easier which is why not many people do it.Most people...

BITCOIN CASH ( BCH ) my short term prediction UPDATE

20 hours ago 1 minute read 0 comments skyislimit

Since yesterday not much happened at BCH  but I just wanted to point some weakness today. What we said yesterday "As we said before things are looking good for BCT. Support stays at $250 level and resistance is $290 but until it reaches resistance po...

LITECOIN (LTC) My short term prediction UPDATE

20 hours ago 1 minute read 0 comments skyislimit

Let's look at last prediction "Our support stays at $38 level and the last 5 days buyer is coming to market for LTC and volume going up but the price is sideways and not much up movement. Resistance stays at $43 level and if it can pass these levels...

Apple: He complains that he "made him gay"

21 hours ago 1 minute read 5 comments Gamma

  He wishes to remain anonymous, claims one million rubles 14,000 euros in damages He says he downloaded a cryptocurrency app from the Apple Store and received a transfer of 69 "GayCoins" instead of the bitcoins he ordered. The transfer was accompani...