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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
For discussion about Litecoin, the leading cryptocurrency derived from Bitcoin. Litecoin is developed with a focus on speed, efficiency, and wider initial coin distribution through the use of scrypt-based mining.
The True Litecoin to Bitcoin Price Ratio is 4:1, Not 71:1
Yes, Litecoin is approximately .014 Bitcoin today, which makes it appear to be at about a 71:1 ratio with Bitcoin, but this is misleading. Two months before the date of the second BTC halving (the halving was July 9, 2016), Bitcoin was just about $450. Today, just two months before the second LTC halving, we see LTC at just about $120. This is 3.75:1, very close to the 4:1 we would expect due to supply, plus perhaps some added market value probably due to crypto’s increased market maturity. I think that we will see Litecoin get to a quarter of BTC prices where BTC was during the last bull run, which means we should expect at least between $4000-$5000 Per LTC at the height of this bull market. $5000 LTC at $80000 BTC (my prediction based on the four year halving cycle) is 16:1 or .0625 BTC, which makes sense as the gap between the two should close over time. I actually think this estimate is moderate to conservative, but most LTC estimates I see from pro analysts don’t go over $1500 (which keeps LTC under 2% of BTC). Do you think this is because they are under valuing LTC and can’t imagine 6%? Or do you think my reasoning is off?
litecoin to bitcoin, help needed to swap in australia
hey, i am starting to get a bit better understanding of bitcoin, but i was living in the fast lane and bought litecoin. i have both in coinbase, but i have learnt that we can’t sell bitcoin, litecoin, etc. in australia until the upgrade comes out... i am needing some help with the best way of getting my litecoin traded to bitcoin and into a wallet that i can spend my bitcoins.. can someone tell me what the best way to do this for a good price and easy to use...would be greatly appreciative for the help...cheers 🤩from australia 🇦🇺!
i bought some ltc and btc on coinbase. I accidentally sent both to my btc wallet. is there anyway to recover the ltc? i was able to restore a litecoin wallet where i can see the litecoin but i don't have the wallet seed so can't access. i've tried importing the private keys from my btc wallet in the restored ltc wallet and in a new ltc wallet that i have the seed for. is there anything else i can do to recover the ltc? my btc wallet public key starts with a 3 - i read in some previous post somewhere that this could actually process on the litecoin network. i see the transaction was confirmed on a litecoin block explorer - does this mean there is an existing ltc public key matching my btc public key and there is no way to recover? thanks.
Can anyone please help? I accidentally sent Litecoin from my Coinbase wallet to my Bitcoin address in another wallet by mistake. The transaction is saying 'unspent' on the blockchain. I read that there is some way to recover it but I'm unsure how.
Issue: Used address generated from private key how do I convert litecoin to bitcoin wanted to know more about this
Does it help me mine faster or is there another way that people are using It for illegal purposes such Darknet. Or was I just charged a userfee, and if I do not have a data package on my phone as a normal image. Thanks In my country there is a large amount of bitcoin as a beginner?is this still a real risk today?
So I made my first stupid mistake while learning Cryptocurrency... I bought a Nano Ledger and was transferring my Litecoin out of my Coinbase account and I screwed up and sent my Litecoin to a Bitcoin address. Is there anyway to get this back or reverse this? I'm feeling like an idiot... so any input on how to fix this would be appreciated!!!
problem auto exchanging litecoin to bitcoin in mining pool hub
...got a problem auto exchanging my litecoin to bitcoin.. i already transferred my litecoin balance from my normal litecoin wallet to auto exchange wallet.. its been 2 days but the my litecoins did not move to "on exchange wallet" ... hoping anyone from you can help me...
I had my account closed down by coinbase for no reason and in a rush to secure my holdings I mistakenly sent my litecoin to my bitcoin address on my Nano S. That said, it has disappeared. Any advice on how I can recover?
Litecoin is a much more scalable virtual currency than Bitcoin, for example. The main reason behind this feature is related to its 2.5 minutes blocks that are processed 4 times faster than on the Bitcoin network – which takes ten minutes to process a block. Invest in the most popular cryptocurrencies. Buy as little as $20 worth to get started. Choose from Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Stellar, Ripple and others RockItCoin Installs Its 200th Bitcoin Kiosk in Partnership with the Blockchain Institute. CHICAGO, Oct. 11, 2019 /PRNewswire/ — RockItCoin, one of the nation’s largest bitcoin kiosk operators, partnered with the Blockchain Institute to install its 200th cryptocurrency kiosk, located at 4649 N Broadway inside the Hackhaus co-working space. Litecoin functions like Bitcoin: It is an online payment system that uses cryptocurrency instead of a national currency like U.S, dollars, Bitcoin and Litecoin carry out transactions using bitcoin and Litecoin respectively. As cryptocurrencies, they both garner a similar community and image, as well as rely on similar cryptographic principles. So, which is more democratic, Litecoin or Bitcoin? Round 5! Litecoin vs Bitcoin: Democracy. The main difference between Litecoin vs Bitcoin is the way mining on each platform works. As I said earlier, mining Bitcoin is more difficult and more expensive than mining Litecoin. So, to make money mining Bitcoin, you need a very powerful computer.
Bitcoin vs Litecoin vs Bitcoin Cash (Comparison) - YouTube
Bitcoin is great vary to store value and preform large peer to peer transactions. It is very valuable because, its security was never compromised. Risk it’s ... Do you want to earn money online, work from home, extra income online, and earn free bitcoins or crypto currencies?? If yes, then SUBSCRIBE LIKE NOTIFICATION Send your comment guys This video is a ... Newbie guide for those who want to try solo bitcoin and litecoin mining, using bfgminer and cgminer. The config files shown in the video are available in the... Charlie Lee, the creator of Litecoin, joins me to discuss the current state and future of litecoin, Bitcoin, and the halving. 🔥 LONG AND SHORT BITCOIN ON BYB... Litecoin LTC is one of the behemoths of crypto. A consistent fixture as a top 10 cryptocurrency, Litecoin was created to improve upon the bitcoin protocol. T...