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.


BITCOIN CASH ( BCH ) my short term prediction UPDATE

9 Apr 2020 1 minute read 0 comments skyislimit

Since yesterday not much happened at BCH  but I just wanted to point some weakness today. What we said yesterday "As we said before things are looking good for BCT. Support stays at $250 level and resistance is $290 but until it reaches resistance po...

LITECOIN (LTC) My short term prediction UPDATE

9 Apr 2020 1 minute read 0 comments skyislimit

Let's look at last prediction "Our support stays at $38 level and the last 5 days buyer is coming to market for LTC and volume going up but the price is sideways and not much up movement. Resistance stays at $43 level and if it can pass these levels...

Apple: He complains that he "made him gay"

9 Apr 2020 1 minute read 5 comments Gamma

  He wishes to remain anonymous, claims one million rubles 14,000 euros in damages He says he downloaded a cryptocurrency app from the Apple Store and received a transfer of 69 "GayCoins" instead of the bitcoins he ordered. The transfer was accompani...

Scam: Internet investments dismantled

9 Apr 2020 1 minute read 0 comments Gamma

A Big Scam  6 million euros. Bitcoin, diamond or gold scam,  85 people in France and Belgium has been dismantled thanks to international police cooperation. The scam consisted in proposing to the victims, solicited by telephone, to make a first inves...

Crypto Trade Market Is Down 0.55% For First Time This Week

9 Apr 2020 1 minute read 0 comments Dominus1

Cryptocurrencies have so far fared well in the global trade markets this week. But the last 24 hours was not a good catch for some cryptocurrency traders as the had a lost in trade predictions or pump signals. Cryptocurrency Price markets being down...

Live Price Updates: Cryptocurrencies Continue To Grow In Price Values

8 Apr 2020 1 minute read 9 comments Dominus1

Don't give up, never give up, stay strong and move forward. This is the current motto of all cryptocurrencies ever since Coronavirus took over everything marketwise. It even made men go into lockdown and quarantine. But now crypto is back and back f...

Did You Know The Original Price Of Your Favorite Cryptocurrency Before Now?

8 Apr 2020 1 minute read 0 comments Dominus1

Hahaa what a happy day. Today I will keep it short, no long things. Did you know the original price of your favorite cryptocurrency before it got to it's current price? I guess you didn't know but rest assured because today am going to give you a bit...

Bitcoin: Dump is starting

7 Apr 2020 1 minute read 7 comments Savastano

Hello.I preparing to write a big article about dump Bitcoin in the next day, up to 2 days, but it is happening now:This pattern is called "Tatry", "Mountains" or "Green-red mountains":So everyone who exchange even part of crypto at this local top (fo...

Facebook: Libra a project in danger ?

7 Apr 2020 1 minute read 0 comments Gamma

Need more time ... Facebook’s plan to have a single global electronic currency is not being abandoned, but the company is giving itself more time to rethink its strategy. Its Calibra cryptocurrency storage portfolio, which was originally supposed to...

Compare: Invesments in Litecoin and Ripple

7 Apr 2020 2 minute read 0 comments Vi

Litecoin created in 2011 by Former Google Engineer Charlie Lee and enter the market as a refinement of Bitcoin (BTC). Litecoin is a peer-to-peer open-source cryptocurrency that offers more opportunities for users. Because of its relatively lower valu...