Litecoin: Is LTC Seriously Underrated? My Take!! 🧐
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📺Essential Videos📺
Dogecoin Hype Explained 👉
Previous Litecoin Vid 👉
Technical Analysis Tutorial Part 1 👉
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– TIMESTAMPS –
0:00 Intro
02:09 What is Litecoin?
04:53 How Does Litecoin Work?
07:54 Litecoin Privacy
10:11 Litecoin Price Analysis
12:19 Litecoin Price Potential
13:52 Litecoin Pros And Cons
16:39 Litecoin Roadmap
17:53 Conclusion
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⛓️ 🔗 Useful Links 🔗 ⛓️
► Litecoin Explained In Detail:
► 2011 Online Poker Crackdown:
► Litecoin Dogecoin Merge Mining:
► Litecoin Mimblewimble Privacy Explained:
► Litecoin Visa Debit Card:
► Litecoin Flare Network Support:
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👨🏫What Is Litecoin?👨🏫
As the name suggests, Litecoin was designed to be a lighter version of Bitcoin. Whereas BTC is a store of value, LTC is meant to be the sound money that people will use for everyday payments
⛓How Does Litecoin Work?⛓
Litecoin is basically like Bitcoin with a few modifications. For starters, instead of the SHA-256 proof of work consensus mechanism, Litecoin uses a special proof of work consensus mechanism called Scrypt
One little-known fact about Litecoin is that DOGE is merge mined with LTC. Without getting into the weeds, merge mining makes it possible to mine two cryptocurrencies without using any extra power
💸Litecoin Tokenomics💸
Like Bitcoin, Litecoin has a 4-year halving cycle, meaning the amount of LTC miners get from each block is cut in half. When the first Litecoin block was mined, the reward was 50 LTC
The first halving occurred in August 2015, cutting the block reward to 25 LTC. The second Litecoin halving happened in August 2019, which was cut in half again to 12.5 LTC
The next Litecoin halving is scheduled to take place in August 2023, and though some websites suggest this reduction in supply is the driver behind LTC’s price action, LTC remains highly correlated to BTC
👨💻Litecoin Privacy👨💻
In contrast to privacy coins like Grin, privacy will be optional on the Litecoin blockchain. This will be possible thanks to another technology called ‘extension blocks’
If you want your Litecoin transactions to be private, you can send your LTC to the Mimblewimble extension chain that runs parallel to the Litecoin blockchain and transact on it instead
📈LTC Price Analysis📈
LTC has seen a lot of investment from both retail traders on apps like PayPal, Robinhood, and Revolut. A lot of institutional money has been flowing into LTC via Grayscale’s Litecoin trust, and various LTC ETPs
🤑LTC Price Potential🤑
If you’re wondering how high LTC could go, this really depends on BTC. If BTC pulls a 2 or 3x, I reckon we would eventually see a similar move for most large cap alts including LTC. This works out to about 1k
👀Litecoin Privacy Pros & Cons👀
When Litecoin implements Mimblewimble, it will become a part of cryptocurrency’s privacy payments niche which has much less competition
LTC is one of the easiest cryptocurrencies to get. In addition to being on PayPal, Robinhood, and the Revolut banking app, there are over 15 thousand LTC ATMs around the world
Taken together, this means that when Litecoin adds support for Mimblewimble, LTC could unironically become one of the best privacy preserving currency on the planet. Regulators may not like this
📅Litecoin Roadmap📅
Litecoin’s core developers also seem to be quite active on Reddit, and one of them recently noted that they are in the process of putting together a concrete roadmap
Flare Network is also scheduled to air drop its SPARK token to Litecoiners in June, and this could turn Litecoin into a hotbed for new decentralized applications
In the meantime, The Litecoin Foundation is working on creating new partnerships and expanding LTC’s use cases
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Litecoin #LTC #Crypto #blockchain
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What do you guys think of Litecoin? Any other coins you want me to take a look at again? And don't forget to follow me on my socials as there is content there that you are not getting here 👉 https://guy.coinbureau.com/socials/
LTC will replace BTC in 2yrs once the total supply of BTC runs out. It will be the new leading cryptocurrency.
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This dude has changed my life for good I started an investment platform with him months ago and he has helped me build my wealth
Litecoin I gonna explode if you need anyone to teach you on how to invest I've got the perfect man for that job you can check the name above
Litecoin I gonna explode if you need anyone to teach you on how to invest I've got the perfect man for that job you can check the name above
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I've trying to fix issues with my crypto wallet but I got this expert… that helped me got it done and I got extra security and protection to my assets
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How would I have done it without you….
It's my pleasure I'm opportune
And I'm recommending everyone as I could go check him out
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I was lucky to have meet you… I can't thank you enough you've been a blessing to my life recovering my lost litecoin unexpected you'll are recommended 🙏
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It's been 3months I've been benefiting from an opportunity I would love to share 👆👆… he's an expert in crypto recovery and investing counselling
I like ltc
love this guy
Clif High says LTC will be 5 to 1 with BTC going by his old Alt Reports…..big moves . Restated at 1:12:20 https://www.youtube.com/watch?v=4UjANQ56kOo
The first step to learning day trading is reading books and watching videos! This is the process of gaining knowledge. But remember, just because you read a book on sky diving doesn’t mean you’re ready to jump out of an airplane!
lets go litecoin!! haaha
< I see BTC at $75K by end of this year but Will always let anyone know to forget predictions and start making good profit now because future valuations are all speculations and guesses.The market is very unstable and you can't tell if it's going bearish or bullish.While myself and others are tradn without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow.I was able to make 20 bTC in just November from implementin tradess with tips and info from Mr Alvin Alfred >
ZMM on the ASX. 99% down. Smart money invest?
RAN on the ASX. 99% down. Invest?
LNEjNhCktVAf5cJyJZWUZewucCXAzmwitM
Hope someone helps me ❤️
I just sold LTC for Solana, maybe Litecoin will go up 3x but Solana will definetly go up minimum 3x IMHO
LTC to the moooon сучки!!!
<<< Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. The market is very unstable and you can not tell if it 's going bearish or bullish.While myself and others are trad! N without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow. I was able to make 16.5BTC from 2.4 BTC in just October from implementing trades with tips and info from Macpherson.
Ltc by Far te best coin
Crypto currency is the new gold investing will be very profitable despite the fall.we all know that in every legit investment scammers are found.that's the reason why we always recommend Mr Leonard Scott for all traders
I use Litecoin as basically a stable coin to transfer all my gains. I prefer it over Bitcoin for the simple fact that it is probably the easiest to transfer and most accessible crypto out there. It is literally available on every exchange, cheaper fees than ethereum, and faster than Bitcoin.
LTC is my radar to sell it in the next pump and use that fiat to buy other alt with much better potential. LTC is being a pain in the ass in the last 3 years
In my radar some tokens related to gaming/metaverse thats the future
<<<Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. The market is very unstable and you can not tell if it 's going bearish or bullish.While myself and others are trad! N without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow. I was able to make 16.5BTC from 2.4 BTC in just October from implementing trades with tips and info from Macpherson.
why isnt it ATH and beyond now?
I don’t trust this guy at all. He’s too perfect and that British accent.
Please, could make a video on how to stake LTC on pancake swap? Great content here btw :).
Did anyone receive the Spark airdrop for LTC?
Litecoin is the only crypto i regularly send and receive. Fast, recognized by most and VERY low fees.
It is underrated or Bitcoin is overrated. Technicaly LTC is BTC's, younger brother. But is faster and cheaper than BTC, more useful. I cry when I see BTC/LTC ratio.
<<<Learn not to sell in a panic when everything goes down and not to buy in euphoria when everything goes up. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses. The market is very unstable and you can not tell if it 's going bearish or bullish.While myself and others are trading without fear of making a loss others are being patient for the price to skyrocket. It all depends on the pattern you follow. I was able to make 16.5BTC from 2.4 BTC in just October from implementing trades with tips and info from Macpherson Lee
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i love this episode i am big fan of ltc the frist cryptocurrency i bought was the ltc and i am still have it not for profit just i love this coin and thnks for all the information about it ❤
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