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.


PRICE PREDICTION; ETHERIUM AND LITECOIN PRICE TO REACH MAXIMUM HIGH

31 Jan 2020 1 minute read 4 comments Dominus1

ETH =184.58 LTC=69.5 Etherium and litecoin are on the bullish rise lately with Etherium currently trading at $184.58 at the time of writing whiles litecoin is trading at $69.5 dollars. The trend seems bullish and my clean conscience tells me that the...

Review of the Gridseed Blade SCRYPT Miner

31 Jan 2020 1 minute read 1 comment AverageVancouverite

The Gridseed Blade SCRYPT Miner Specs: Algorithm: SCRYPT (Coins Mined: Litecoin, Dogecoin, Verge, etc.) Hashrate: Up to 5.2 MH/s Chip: 2 panels with 40 GC3355 Chips each (Totaling 80 chips) Power use: Under 150 Watts The Review: Released in 2014,...

Gamble with Sportsbet.io - a small sports betting and Casino

30 Jan 2020 3 minute read 2 comments renabs94

Sportsbet.io is a cryptocurrency betting site and casino founded in 2016. The site is part of the Coingaming Group, which runs also the cryptocurrency casino Bitcasino.io. There are also quite significant amount of casino games available: total of 21...

Top 3 Crypto Payment Organizations in Singapore

29 Jan 2020 3 minute read 2 comments pheonixdown-dee

  Crypto Payment Organisations in Singapore Singapore is a well-known economic powerhouse that is small in size, yet home to over 5.6 million people. This little nation sits strategically in SE Asia as a key international centre of trade which connec...

Gamble with Cryptobet.com - a new one

29 Jan 2020 5 minute read 2 comments renabs94

Cryptobet is a new site, founded in 2019. it was born from a collaboration with the crypto startup Tokenpay, from which it then detached itself. it is based on a mining model: for each mBTC bet you receive a variable amount of CBET tokens, with which...

Litecoin decline has begun.

28 Jan 2020 1 minute read 5 comments MadMaxx

I called this. So some time ago(I believe yesterday), I advised that it be best that traders close their longs on LTC, because it was quickly approaching resistance 1. You can check out my post here if you think I couldn't have called that. Well, L...

Legit Telegram Bots that Pays With Crypto

28 Jan 2020 1 minute read 3 comments Dominus1

There are many Bots in Telegram which claims to be legit and pays crypto or PayPal for doing easy jobs like sharing of links, visiting websites, messaging Bots as well as inviting friends via invite links. But are they all legit? No! Not all of them...

The first Swiss private banking group launches a cryptocurrency custody and negotiation service

28 Jan 2020 1 minute read 2 comments Roberto D.

Julius Baer, ​​the first Swiss banking group in the field of wealth management (deals exclusively with private banking and managed savings for private and institutional customers) with a portfolio of 320 billion Swiss francs, has launched a cryptocur...

LTC overview for today: Close all open positions.

27 Jan 2020 1 minute read 4 comments MadMaxx

Welcome to the first post in this series! In this series, I'll pick apart a certain Cryptocurrency and it's daily chart. Then I'll tell you what I think, and if I'd personally enter a trade or not. Oh, and these will all be cryptocurrencies I own. I...

BTC $10000 is coming

27 Jan 2020 1 minute read 7 comments matim10

Whoever took advantage of the last fall will end up with better results than expected, will go to $ 10,000 easily, and faster than the expected 6 months, most say, until the end of February is there. There will be another small drop, but not as big a...