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.

Stocks to consider : Air New Zealand

13 Apr 2020 1 minute read 1 comment manilpwn

Welcome to Stock Suggestions, where I take a look at what I consider to be good stocks to purchase in this downturn.   Today, we will look at Air New Zealand, traded on the NZX as AIR and on the ASX at AIZ. Currently on the ASX, the price stands at $...

LITECOIN (LTC) My LONG term prediction UPDATE

13 Apr 2020 1 minute read 0 comments skyislimit

Let's look at LTC last prediction "Support stays at $41  and resistance is $44. Moving close to support and weak, same as the rest of the market waiting for direction from BTC. We have to wait and see but it is not that weak as may coins I the market...

Officials Hope US Economy Can Re-Open in May; Bitcoin and Alts Look Better; Politicians Continue Power Grab

13 Apr 2020 4 minute read 2 comments bettercallpaul

A Few Updates - COVID-19, Lockdowns, Markets, Economy, and Bitcoin's Surprising Hold Around $7000!       This Morning on the Better Call Paul Blog [JACKSONVILLE, FL | 04/13/2020 AM Edition] by W. P. Alexander   We've never experienced anything li...

LITECOIN (LTC) My short term prediction UPDATE

12 Apr 2020 1 minute read 0 comments skyislimit

LTC is following the rest of the market and weakness is there and lack of buyers. volume is down.LTC / USDT Daily chart Support stays at $41  and resistance is $44. Moving close to support and weak, same as the rest of the market waiting for directio... For the moment the fee is 0 and get a double cashback

11 Apr 2020 1 minute read 1 comment Gamma

The fee is 0, launches a series of measures to help address the impact of the global Covid-19 pandemic. the credit/debit card fee of usually 3.5% for encrypted purchases is waived for all users. for cardholders, reimbursement ra...

Litecoin Is Forming Bullish Shark Soon It Will Be Ready For Bullish Move

11 Apr 2020 1 minute read 0 comments moon333

Formation of new Shark pattern: On short term hourly chart the price action of Litecoin is forming bullish harmonic Shark pattern and soon it will be entered in potential reversal zone. Click here to visit tradingview for complete chart   Buying And...

YouTube: Bill Gates served as a cryptocurrency scam

11 Apr 2020 1 minute read 1 comment Gamma

A Ponzi scheme ? An engineer managed to hack a few dozen YouTube channels and rename them so that they resemble as closely as possible the official Microsofts accounts. He posted lives on all his accounts, making viewers believe that they were Bill G...

An actual Cardano post

10 Apr 2020 3 minute read 7 comments Call me Steven

Okay, so I am going to be honest with you on this one. Before starting to get acquainted with Publish0x I had never heard of Cardano. I didn't know what it was, even though it is ranked number 15 by market cap. But this might be just me. Anyways, sin...

What is Litecoin? How Litecoin works?

10 Apr 2020 1 minute read 0 comments PrisonedBus9641

Litecoin (LTC) was born in 2011. It is a P2P (peer-to-peer) cryptocurrency based on a decentralized open source system. Its technology has allowed other cryptocurrencies to be created for a consequent lightening of its codebase. Dogecoin and Featherc...

Bitcoin: A new gold standard ?

10 Apr 2020 1 minute read 3 comments Gamma

BTC at $100,000 in the year 2020 ? In the face of this crisis, the world's economies will have two choices: to face high inflation, or to reduce the intrinsic value of their currencies by themselves, once this wall is reached. If they choose this opt...