Of course keep in mind LTC is lazy and slow.. it loves USD peg.. there was 4 USD and now its 44 USD.. If it keeps going this way next one is 444 USD in few years.
Despite that tommorow on youtube there will be live development update.
Notice Coblee (creator) saying you need it in portfolio
LTC Markets
As we can see Asia runs this, from those top10 exchange i use Bitfinex, HitBTC, Bittrex. OkC and Bithumb are also good. Poloniex im currently skipping, ive moved out of there months ago.
I also love to margin trade on such big news on BitMex.
To be clear this are announced news, and nothing moved - im sure enough insiders know of them.
This post is just to let you know somethign may be said tommorow, but with LTC and their humor we never know ;)
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I am also bullish on LTC: Let's see what happens:)
Also a live and verified 'Satoshi Nakamoto' is a good asset imo.
If BTC will be 500 000 USD than LTC will be 100 000 USD. I believe in that.
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LTC and ETH.....
https://steemit.com/litecoin/@tornadojoe/epic-buy-signal-on-a-soon-to-be-hot-crypto
check out my epic litecoin chart
I used to believe in Litecoin, but there are just too many better competitors out there these days. Soon, Bitcoin itself will have the same capabilities, and coins like Monero are dark... so I just don't see a future for Litecoin sadly.
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oh my, man, just relax! Welcome and enjoy.
Each week im buying a little bit of LTC. Litecoin to the moon!!
Ltc is cheap to use 😎at this state i see it undervalued. And how fast it goes is awesome. Its matter of time.Hope it will eat a chunk of total market cap.🙂
Just bought for another $500!
Good article I am long on LTC, and as you said for the last months it has been really slow
HODL
I actually just sold my Ltc today! it hasnt moved in about a month! maby ill miss out on the "live update" pump. When is Btc segwit starting again?...
Ok so Segwit2x is in November
Yep and theres new mess due to Bitpay ;)
The question with Litecoin is "do we really need it?".
If we have Bitcoin and it can scale what additional value does Litecoin add?
Even if a coin has no real world use it can still have value stemming from the fact that each additional currency provides more opportunity for traders to earn, trading on value fluctuations. Litecoin is also about three times faster to process transactions than BitCoin, which should make it appealing to merchants.
"Even if a coin has no real world use it can still have value stemming from the fact that each additional currency provides more opportunity for traders to earn"
complete waste of human resources
Why would anyone want to be a resource? Resources are there to be used and consumed, doesn't sound very appealing to me..
that's what wage labor is. Under capitalism you must become one or starve.
This book explains it well.
https://www.marxists.org/archive/marx/works/1847/wage-labour/
Wages are an exchange of value. In fact, wages and debt must be paid BEFORE there can be any retained earnings. This is why being an entrepreneur is burdened with high risks.
ah yes that's why statistically they always win, like a casino.
"Wages are an exchange of value" The upkeep cost of the worker is that exact value. Feeding a slave is an exchange of value, paying your wage laborer just enough to survive is the exact thing.
lololol dude you missed the part that was important... The zap wallet is desinged for merchants and will feature BTC and LTC.
"Litecoin is also about three times faster to process transactions than BitCoin, which should make it appealing to merchants."
"to merchants"
you mean the capitalist class. Disgusting
You might be disgusted by the capitalist, but they have and will always exist. The problem is absolute power. When the capitalist or any other have absolute power that's when the unfairness prevails. It is possible to set limits to the capitalists, checks and balances that protects all members of society, while offering opportunities.
Currently the anti-capitalist approach only seeks elimination of the capitalists, together with the advantages they bring to society (they exist even if you don't like them or don't agree with them). Anti-capitalism is now a destructive force that don't consider any alternatives but destruction, and that's the reason why it is not viable. It seeks revenge and punishment instead of creating a better society.
Would we have more research and development with anti-capitalists in power? would we have better education and healthcare?
There are examples of very good experiences with assembly societies, but not a single one of a successful anti-capitalist society .
"The problem is absolute power. When the capitalist or any other have absolute power that's when the unfairness prevails. It is possible to set limits to the capitalists, checks and balances that protects all members of society, while offering opportunities."
impossible under capitalism, the checks and balances must be in the favour of the capitalist. Otherwise the capitalist class literally couldn't exist. This leads to a complete capitalist control of any government.
Look at chile when they elected a socialist. The capitalists simply paid the truckers to stop moving food and other essential items. The entire country ground to a halt and the people started starving until the government did what the capitalists wanted, taking out the (democratically) socialist leader.
https://www.marxists.org/archive/lenin/works/1916/imp-hsc/
this book talks about how imperialism is literally the only outcome other than collapse for a capitalist society.
It also doubles as a book explaining how "free-market" capitalism will lead to monopolies no matter what.
"Would we have more research and development with anti-capitalists in power? would we have better education and healthcare?"
you see that major collapse in lifespan that takes 10+ years to fix? That's russia turning capitalist
"You might be disgusted by the capitalist, but they have and will always exist"
wrong
https://theanarchistlibrary.org/library/peter-gelderloos-anarchy-works
in fact they didn't exist for the vast majority of human history.
"Anti-capitalism is now a destructive force that don't consider any alternatives but destruction, and that's the reason why it is not viable. It seeks revenge and punishment instead of creating a better society."
actually if you look at russia for examples, they industrialised faster than any capitalist country in history, doubled lifespan, and printed 3/5ths of the worlds books.
All china did was raise the entire country out of poverty and triple lifespan.
India killed 3 million communists and stayed at the bottom.
you're not just wrong, you're stupid.
this might actually explain to you what you are trying to debate.
https://www.marxists.org/archive/marx/works/1847/11/prin-com.htm
now fuck off
here is an entire post explaining why that comment is stupid on every possible level.
https://steemit.com/economics/@anarchyhasnogods/the-basics-of-anti-capitalism-exploitation-and-imperialism-part-one
Nice info. Anything else
Does the "three times faster" make a difference once LN are implemented? I thought the point of LN was to remove the transaction time issues?
I guess that diversification is one point in Litecoin's favour though.
No doubt, Litecoin is lazy in terms of value appreciation but it will be more firm and sturdy when it eventually go up.
Margin trade. Hmmm interesting today I bout 2k worth of ltc. Let's see where little btc brother goes⬆️🤑
Ooh @kingscrown you have best informatio
I like it
Is litecoin going up in its price? How to predict litecoins?
@kingscrown you spelt the word "something" wrong.
This post is just to let you know somethign may be said tommorow, but with LTC and their humor we never know ;)
I love using Litecoin, also believe it's been undervalued for so long.
Thank you so much! I'll buy a couple more tonight!
Agreed, which I why I have been adding to my LTC position. It currently has stability in the $40s which no huge swing in either direction, which I think bodes well regarding its future! Expect it to be in the $100s by the EOY.
I doubt it in the short term, too many sell orders.
@kingscrown and his readers, any suggestions on who you use to trade crypto through. Right now I'm using bittrex, but it's limited as a trading platform.
Thanks in advance guys!
LTC is kinda slow to grow. Wait until December maybe? Too many politics now.
Bitcoin to the mooooon
I think it's going up soon!
Bitfinex still not accepting fiat deposit and i am still waiting on other exchanges for verification. So I miss out on this up tick in price of LTC!!!
coinbase ;D
Verification is taking ages!!!
Coinbase was fast for me, only took like 30 min to setup, idk
The Austrian exchange bitpanda.com is really awesome.
I got some more yesterday for 500 Euro worth. Not really as an investment but as a currency. LTC is in the moment the most feasible cryptocoin for transaactions in terms of fees, speed and usability.
True. Another one is Dash. Litecoin has more widespread acceptance in wallets and exchanges; however, Dash is going to have its own debit card working in 109 countries "Dash Pay Card" with super low fees, so it might actually overtake Litecoin in terms of real-world usability.
We'll See what happens. Market is very Bearish as a whole right now!
The first shipment of Litecoin miners (from Bitmain) should be going out sometime this month. 504 MH/S @ 800watts. The profit potential is still crazy! 1800+% a day! @ .07/Kw/h
Wish I had extra bitcoin when they were on sale.
Bitmain
Litecoin calculator
I just saw a report today from a Mongolian Bitmain Farm. They have 25,000 of these new L3+ running in just one facility that just got up and operational! LTC 84million limit will be reached in record speed! Years before anticipated roll out!
The creator is trying to pump the price at all cost, its a good invesment short/medium term
Bitcoin already moving toward "store of great wealth" as proved unable to decentralize for user benefits of speed of transaction and lowest fees, opting for corrupt mining corp "HACKS" extortion to keep high fees and larger blocks will not benefit transaction verification speed. Bitcoin future great for payment on $million ranch property but NOT POS transactions in overall economy, that's where Litecoin Lightning speed Rules and overall lower coin cost appreciated by user masses. NEWS RULES CRYPTO however each and everyday, LTC is best crypto BUY for public useage as well as HODL ♨
Thank you so much , this was informative and i hope this will have positive effect for the currency
It's true that litecoin is soaring slowly on the crypto market but i guess bitcoin is always beyond of all the crypto's.
Litecoin seems to be stuck in the place where its not necessarily a long term trusted name like bitcoin nor is it truly fast like some of the other coins. Its claim to fame seems to be solely that its faster than bitcoin. I am a long term holder of Litecoin but i don't expect huge advances in price.
Yes, Litecoin will be in bull run in coming period. As it is quite fast in terms of transaction processing. And I think ETH will also have a good long time run due to the different kind of blockchain concept, as it has many future proof potential applications . Corporations and government will play an important role in ETH run. :)
yeah, i love LTC, very good post!!:))
i believe!!:O
Great article! 😎
I got in LTC not too long ago and actually appreciate it's relative stability. No huge gains like some other coins, but there is something to be said for a coin that has held it's value through all this craziness. Thanks for the post, all this info keeps my hopes up :)
Yes, LTC's staple is definitely stability! It's also fast and cheap to transact but they are others too, so it's not unique.
I like LTC this was second coin on the market and always in top 5 coinmarketcap. This is really a sleeping giant.
Thanks for the info. Any special platform to buy on.
Thank you
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the money market is so complicated , good luck to you !
I have no doubt in this , it just requires patience , which will be rewarded
It's LTC hard fork.
If true looking forward to some gains as my LTC has been semi-stagnant, albeit steady in terms of profits.
Litecoin is going to do great I'm sure !!!
Will definelty buy some now :D
Thumbs up! I bought it for a long term too.