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.


How have cryptocurrencies recovered from last week?

21 Mar 2020 1 minute read 0 comments manilpwn

Last week, the crypto market dropped a huge amount very suddenly. However, many large crytocurrencies have recovered somewhat and are up on 13th March.     BTC 13th March Low - $4106.98 Today - $6,254.12  Gain - 52.28%    ETH 13th March Low - $95.18...

A comprehensive guide: How do you grow "mine" your own BANANO? PART 2!

20 Mar 2020 3 minute read 1 comment LiquidAttic

First i like to say something before we gonne dive into other earning methodes. Please help to fight the corona virus and use the BANANO MINER look here for details: https://www.publish0x.com/banano/heres-how-you-can-help-fight-coronavirus-and-youll-...

Litecoin (LTC) Has Formed Bullish BAT Pattern | A Very Good Long Opportunity

20 Mar 2020 1 minute read 0 comments moon333

Hi folks hope you are doing good, in my previous idea of Litecoin with Bitcoin pair we have seen that the LTC had formed a complete bullish Shark pattern 12 chart. The formation of that pattern was started on 26th Dec 2019 and completed in 8th Jan 20...

Cryptocurrencies Surge Over 20% In Value Within 24 Hours

20 Mar 2020 1 minute read 2 comments Dominus1

Good news to all cryptocurrency lovers especially those of us that lost almost half of our Cryptos due to Coronavirus deflated economy. Over the last 24 hours there has been a surge up in values of all cryptocurrencies. BTC jumped over 16%, Eth moved...

BTC bounces over $6000, gaining $2k since low last week

20 Mar 2020 1 minute read 0 comments manilpwn

A week ago, the $BTC dropped over $3000 in one day, going down from $7k to just over $4k.   The BTC price price on March 13 was nearly equivalent to what it was on March 13 2019, after which the $BTC in 2019 rocketed upwards to $12000 and over.   It'...

Ripple Join hands with Thailand-based fintech Firm to Offer Money Transfers across the Borders

19 Mar 2020 1 minute read 0 comments BitcoinNews.Today

Ripple is known for providing remittance services at a faster speed and cheaper rates. Thailand-based non-bank institution DeeMoney partners with Ripple for offering cross-border payments utilizing the blockchain technology. Ripple Join hands with Th...

HODL Your Horses! BTC Spiked Again! AND AGAIN!

19 Mar 2020 1 minute read 3 comments Thomas Wolf

The moment I sat down to see what "the damage was" this morning (03-19-20) I was pleasantly surprised, as I'd hoped pressure points caused people to cash out below value (and likely will 1-5 more times before I cash out) and now the market is holding...

Cryptocurrencies At A Stand Still, No Going Up Or Down

19 Mar 2020 1 minute read 4 comments Dominus1

This week has seen all major cryptocurrencies at a standstill, none going up nor down. But is it what we need? No. After major cryptocurrencies like Bitcoin, Etherium, litecoin, Maker, BAT, Bitcoin Cash, etc dropped in value of upto 50% we need to se...

The PalmPay chain-agnostic point of sale system featured in DEX News

17 Mar 2020 1 minute read 0 comments Agorise

The PalmPay cryptocurrency point of sale software featured in Bitshares DEX News  PalmPay enables any business to accept one or more cryptos at zero cost. Zero.    In the DEX News:  https://news.bitshares.org/business-focus-palmpay/      To learn...

Soon Lite Coin (LTC) Will Complete The Bullish Crab Pattern For Big Bullish Move

17 Mar 2020 1 minute read 0 comments moon333

Hi Folks hope you are well, here I have found another profit potential trading idea and this time on 2 day chart the Lite coin (LTC) is forming bullish Crab pattern, we need some more drop and then soon it will be entered in potential reversal zone t...