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.


A stablecoin could easily resolve a huge problem of many tourists

1 week ago 1 minute read utaini

I just came back from Denmark and while I was there I realized that a stablecoin could easily solve a huge problem that many tourists face while abroad: currency exchange and payments. I tell you my story as an example. I booked a flight to Copenhage...

LTC Retest MA50

5 days ago 1 minute read Betsy Malone

TradingView Chart LTC Hey guys, short post here with my latest idea.  If LTC has a short pullback then watch for MA21 69.96 and .382 at 65.98. If it breaks MA21, then this 5th wave completion is ready to retest MA50 at 62.39 or bounce somewhere arou...

Top 3 Crypto Payment Organizations in Singapore

3 weeks ago 3 minute read 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...

The true power of compounding interest.

2 weeks ago 2 minute read MadMaxx

You've heard it at least a hundred times in your lifetime. Compounding interests in investments is one of the surest ways to become rich. And it's evident in one of the world's richest men: Warren Buffet. Popularly known as the God of Fundamental inv...

LITECOIN RETURN TO 7th POSITION ON COINMARKETCAP RANKING

2 weeks ago 1 minute read Otek

  Currently Litecoin return to 7th position ( by Market Cap) on top cryptocurrencies list according to Coinmarketcap ranking: CoinMarketCap ranking   As You Can see Litecoin with marketcap $4,225,785,660 overtook EOS which is at 8th position (with m...

PRICE PREDICTION; ETHERIUM AND LITECOIN PRICE TO REACH MAXIMUM HIGH

2 weeks ago 1 minute read 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...

Litecoin Foundation Partners With Lending Services CredEarn

14 hours ago 2 minute read FarewelltoMinds

The Litecoin Foundation has announced that they are teaming up with Cred to offer lending services to LTC holders. Cred, or CredEarn, is a financial lending platform for crypto. Basically, you give them your crypto and they offer a percent annual ret...

Sell Your Stuff Online and Get Paid in Crypto! Heck ya!

1 week ago 1 minute read Autumn1962

It is the modern, updated version of Ebay. No paypal, no credit cards, no giving out your bank information to a third party. Those days are GONE I tell you! Good riddance.  I have been looking for a reason to leave Ebay for ohh  . . ten years?? Dont...

Litecoin (LTC) Price Value: Price Started Going Down Following the Negative Divergence

1 day ago 1 minute read Tokenhell.com

The indicators such as 100-MA and 200-MA are showing a pullback of trend value back to $60 Litecoin failed to achieve the hypothetical value- $85- and is moving downwards to $60 as the moving averages suggested earlier about the fore coming value. We...

Is the Litecoin Mining Community ready to fund Litecoin Further development?

3 weeks ago 3 minute read Mamaecrypto

This morning of January 25th 2020, Charlie Lee creator of Litecoin raised a very interesting proposition on Twitter. One that evolves around funding. Talking about money is often a polemic topic and as expected he immediately received a lot of feedba...