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.


EXPERIMENT - Tracking Top 10 Cryptocurrencies for Two Years (2018 & 2019) - Month Sixteen - Down 82%

1 May 2019 4 minute read 36 comments starthere

The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. Think of it as a lazy man's Index Fund (no weighting or rebalanc...

LTC / USDT Technical Analysis [BINANCE]

28 Oct 2019 1 minute read 0 comments MrBullishSail

LTC seen from the temporality of 1W we can see how the candle structures have formed a descending wedge where the price has been contracting in each LL formed during the movement, the previous candle has closed above the consolidation after havin...

Litecoin fund is running out quickly. What will Litecoin's future be like?

19 Aug 2019 1 minute read 1 comment Cryptonewscom

Litecoin fund is going through a financial crisis? Yes, according to the report, the fifth largest electronic currency in the world currently has only 96,000 USD in reserve at the end of the first quarter of 2019 However, Charlie Lee - the father of...

I sold our bed and bought cryptos instead for Christmas

4 Dec 2019 3 minute read 13 comments cryptovato1

Maybe this would be hard to believe, but actually I did. As I am moving from one city to another, I try to go minimalist. Living with less but with better quality. If you want to sell your personal stuff in Mexico online or on the street market, the...

Litecoin Rise Unveiling!

12 Sep 2019 1 minute read 3 comments Oligon

CONTEXT Litecoin has been on a massive sell off in very similar magnitude and length (2-3 months roughly) than the rally that took price from $65 to $145 for a +100% increase. Similarly, since late June, price has lost half it’s value in about two mo...

Litecoin LTC

29 Sep 2019 1 minute read 0 comments Ulu_Olcayto

Litecoin was developed in 2011 by a former Google employee, Charlie Lee. Although it basically has the same working principle as Bitcoin, there are some differences between them. Bitcoin system has emerged in order to eliminate some errors and has b...

Hello friends Mining per browser Netbox

13 Jan 2020 1 minute read 3 comments lancelot7

Friends can earn 20 nbx by downloading the browser and creating a wallet and 10 nbx by referrals the campaign has been running since September 2017 if I'm not mistaken I refer friends every week and much imagine you get 20 nbx + 10 referral may indic...

Cryptocurrencies And Human At Risk Of Losing The Fight Against Coronavirus

28 Mar 2020 1 minute read 0 comments Dominus1

Good day Fam, As we all know the fight against Coronavirus Is not easy. It seems we are losing out to the global pandemic Coronavirus. Now almost every country is in a lockdown. There are shortage of foods and money in the poor men and women's houses...

Litecoin Consolidating and Slowing Down

23 Jul 2019 1 minute read 5 comments Oligon

Litecoin recently broke past the support at $95 and by the number of sideway bars with little movement, I say we might enter a consolidation period. I believe looking at market structure we can expect a retest of that level and price heading to the n...

EXPERIMENT - Tracking Top 10 Cryptocurrencies of 2019 - Month Four - UP 30%

4 May 2019 4 minute read 7 comments starthere

      The Experiment: Instead of hypothetically tracking cryptos, I made an actual $1000 investment, $100 in each of the Top 10 cryptocurrencies by market cap as of the 1st of January 2018. I then repeated the experiment on the 1st of January 2019. ...