LTC

coinfeeds-bot

tldr; Litecoin (LTC) experienced significant price fluctuations, dropping below $80 before recovering. The $80 level served as crucial support, while $81.84 acted as resistance, indicating key market dynamics. A 44.56% increase in trading volume suggests growing buyer interest. Positive sentiment on social media correlates with price increases, though not consistently. Technical indicators show LTC's market position as neutral with potential for reversal and continued bullish momentum, as it trades above its moving averages and the MACD is above the signal line, indicating bullish trends. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

Still_Lobster_8428

On ramp through your government authorised CEX's, buy LTC, withdraw to a hot wallet, send through HoudiniSwap dot com, set up the exit wallet and NEVER let it interact with anything on your "dirty" KYC'd layer of wallets. 

3meterflatty

You lose like $2 swapping from LTC to XMR pretty simple on trocador.app

CompletelyRandy

I have been using the same process for years. Buy LTC on Coinbase, send LTC to Cakewallet, swap to XMR, send XMR to where ever it needs to go. Never knew they had a website with cheaper fees... The process with their app is pretty smooth and hassle free.

beryllium30

I think you have a bit of a misunderstanding in how bitcoin works. Even if the Pools do a 51% attack the nodes can then say no to the blocks. Now if you start saying, but they can spin up million nodes, sure they can, but they are still only one user. The nodes with the most activity will still be the people using the BTC network as is and the other fork will die. Look at BTC Cash, LTC and all the other forks. I am not saying that for a year or two the price may drop, but the BTC network itself is quite resilient to the whole attack. That is the beauty of it. AND 51% attack just means they have a higher chance of finding blocks, it doesn't mean they can write whatever they want. Its one of the reaasons people only say the transaction is settled after 6-7 blocks. Miners for example can find two blocks at the same time, but at the end the longer chain wins. If I were you, I would look a bit more into the technical details how all of this works.

CointestMod

#Litecoin Con-Arguments Below is a Litecoin con-argument written by DaddySkates. > When LTC released, everyone was talking about it. In some time people started the saying about “LTC is the silver to BTC gold”. And frankly it used to be true. > > Nowadays people rarely talk about LTC anymore.. and when they do its in the connection with its founder selling his holdings at absolute ATH which made people run away from LTC not trusting them again. BTC is leader-less for a reason. > Satoshi knew that it will be more successful without a founding father. And its true. > > LTC isnt going to be “killed” by the lack of technology. Its because of the poor decisions that their leader dod without any care for the projects future. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Litecoin) to find submissions for other topics.

CointestMod

#Litecoin Pro-Arguments Below is a Litecoin pro-argument written by metnavman. > *Full Disclosure* > > *I sold my position in LTC this year during the last run-up to the ~$300s. Prior to that, I'd held a triple-digit position in LTC since ~2013. I did make money from this coin. That is only because of my time in the market, and not any particular strength of the coin in question. Truth be told, I'd have made more money being in other positions, so it is irrelevant. Perhaps I'll regret it one day. Perhaps not.* > >   > > * LTC is one of the "OG" coins. [As a fork of the Bitcoin protocol, it's been around almost as long.](https://www.investopedia.com/terms/l/litecoin.asp) It is a very secure coin, and utilizes [Proof of Work](https://www.investopedia.com/terms/p/proof-work.asp) through Scrypt to maintain that security. > > * This "early mover" advantage has allowed LTC to catapult into some very strong positions and use cases. I'd personally put it's [uses on the Paypal platform](https://www.paypal.com/us/smarthelp/article/what-do-i-need-to-know-about-litecoin-faq4401) as one of it's strongest positions in the current financial zeitgeist. [There are certainly lots of others.](https://www.reddit.com/r/litecoin/comments/csfixo/1100_companies_and_stores_accepting_litecoin_as/). > > * LTC is arguably the strongest PoW coin available. It is faster than BTC, cheaper to use, and available for use basically everywhere relevant that BTC is. As far as trading platforms and "on-ramps" for converting fiat currency into cryptocurrency, LTC will get you where you want to go. While it is not worth as much as BTC, it's far more capable for doing what a cryptocurrency is "supposed" to do. Ya know, be a currency that doesn't cost silly amounts of fees to use and take forever to confirm. > > * LTC's development team is currently working on implementing [Mimblewimble](https://www.mycryptopedia.com/mimblewimble-explained/) capabilities to the coin. The quick and dirty for that is adding a "privacy feature" to LTC, as well as potentially solving scalability issues that could crop up one day if usage of the coin were to exponentially increase. Development is ongoing in 2021, and viability/efficacy is not fully determined as of this writing. > > * LTC follows the same [halving](https://stormgain.com/blog/litecoin-ltc-halving) protocol as BTC. This has correlated to price increases for the coin in a similar fashion to BTC after each of these "cycles". It stands to reason that LTC should see another price increase in the 2024-2025 time-frame, coinciding with the next halving [set to occur in Q3 2023](https://litecoinblockhalf.com/). There's math and wrinkly-brain reasons for why it takes some time for the halving process to reflect in the market price. You'd have to go searching; I don't really understand it. There's a shiny graph on that link I put. Have fun. > >   > > ==*The rest of this will lean in the opposite direction of the guidelines set forth for this argument. Past this point, you're entirely in the realm of my opinion/experience as a crypto holder/trader since the early 2010s. Do your own research.*== > >   > > * I would stress that you proceed to [the LTC "Cons" portion of these arguments](https://old.reddit.com/r/CryptoCurrency/comments/n5vbyk/pro_contest_litecoin_conarguments/) after finishing here and read what I've written there as well. My goal is to remain as unbiased as possible for these write-ups, and I will speak only to the positives of LTC in this thread. I encourage you, the reader, to view both sides and make an educated decision before investing in *any* crypto asset. > > * LTC offers a "tried and trusted" investment platform. If there was a stock to compare LTC to, it's the massive ETF or mutual fund that people put money into year after year and reliably draw a profit from. You will not see the insane fireworks of a DOGE pump, or the rug-pull of a [BITCONNEEEEECT](https://thenextweb.com/news/bitconnect-bitcoin-scam-cryptocurrency) when you put your money into LTC. You will get an investment that "should" make you money in the long run, and potentially set you up for some really solid gains in the future. > > * LTC is not the behemoth that BTC is within the crypto space. The intimidation that comes from the price-tag that BTC sometimes wields ($37K to own one coin at the time of this writing, 60K+ attained) can be a turn-off for the smaller investor still interested in owning a "full coin". While this mindset is considered by veterans within the space to be somewhat naive and counterproductive, it is a psychological aspect that affects many projects within crypto. LTC's ability to allow someone to jump in at a much lower price point and still feel like their investment is "effective" is certainly a strength. > > * LTC has been picked up in the 2021 bull-run by [large institutional entities](https://news.bitcoin.com/grayscale-adds-174000-ltc-to-its-litecoin-holdings-price-of-the-altcoin-unresponsive/), signalling some confidence in it's ability to generate income in some fashion for shareholders/investors. It remains to be seen how this action will play out, as the events are too closely aligned with the large correction in late May 2021 before the coin could pick up steam. [It briefly touched a high-300s price-tag](https://currency.com/litecoin-price-prediction-2021), and many of LTC's supporters believe that it was aiming to go higher before the entire market dropped. > >   > > LTC has carved out a solid niche for itself over the years, and a loyal base that wants to see it succeed. As with any investment into a volatile market like crypto, there's a good chance you could lose some money. That said, I would put the chances of it happening with LTC over the long run at a smaller percentage than some of the more risky or "unreliable" projects in the space. If you have patience and are looking for a low-stress coin with some realistic use cases and a good track record for ease-of-use and operability within the crypto-world, LTC may be the coin for you! ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Litecoin) to find submissions for other topics.

who-tf-farted

Being POW with a hard cap is BTC and LTC, that’s a fact. Whether or not LTC takes off or not, it works, heck if it becomes an impromptu stablecoin for lack of growth, that’s still a use, especially with the low transfer costs. The whole stir of value thing is a red herring, a case of bic lighters on a desert island is a store of value there or in 7-11. I just like LTC

neo101b

I use cakewallet and sideshift to go from LTC to XMR, its cheaper to do via the website than the app. There is also changenow, though people are complaining about it, I have never had any issues.

vinibarbosa

**Crypto wallet adds pay-per-use access to premium subscription AIs** [**https://finbold.com/crypto-wallet-adds-pay-per-use-access-to-premium-subscription-ais/**](https://finbold.com/crypto-wallet-adds-pay-per-use-access-to-premium-subscription-ais/) "The popular crypto wallet, Cake Wallet, has added support to a pay-per-use artificial intelligence (AI) platform that allows access to premium APIs like ChatGPT-4, Dall-E 3, Claude 3 Opus, and more. Finbold exclusively talked to the companies’ founders about using cryptocurrencies for payments in their services. Now, Cake Wallet users can pay-per-use premium AI chatbots directly from their cryptocurrency self-custody address with Nano (XNO). Moreover, it is possible to swap other supported cryptocurrencies in-app, such as Bitcoin (BTC), Monero (XMR), Litecoin (LTC), Bitcoin Cash (BCH), Polygon-based USDT, USDC, and others." >

who-tf-farted

LTC is bitcoin but 4x

Killjoytshirts

Isn’t LTC much more likely to get an ETF approval than ETH? Why are they acting like it’s so imminent?

-TrustyDwarf-

Depends on what you're looking for.. if it should be the easiest way possible, get a wallet that lets you buy crypto right in the app using credit cards, apple pay or similar. Open the app, create a wallet, click buy and you're pretty much done. Buying crypto that way usually comes with a certain fee, probably around 3%. A possible wallet is Cake Wallet (search app store). Pick a crypto that's acceptable for both parties and maybe cheap and fast to transfer.. something like Litecoin (LTC), Bitcoin Cash (BCH), Nano (XNO) or even Monero (XMR, if you want some privacy).. their fees are in the range of cents or less. If you're looking for the cheapest way possible, don't use credit cards but sign up at an exchange, deposit fiat money (usually there are free options), then buy and withdraw crypto on the exchange. Fees are usually much lower that way (like 0.3% instead of 3%). Have fun.

superpanchox

I can achieve this in Blockchair (BTC, BCH, LTC), Etherscan, Bscscan, Celoscan, Polygonscan, and Tronscan. That might be a good solution. I should check how to run a full node. Thanks!

MoneroArbo

Bitcoin is the onramp. Honestly it used to be like that for pretty much every altcoin, back when Coinbase was only BTC, LTC, and ETH.

No-Marzipan-2423

this is what I use litecoin - when LTC moons it's probably time to sell

Floby-Tenderson

I incentivize btc/ltc payments by giving a larger discount. Its the largest discount I offer. In 7 years of accepting, it have had 6 people play that way. 4 of them were introduced to it by my discount. I gave them general directions to coinbase for user friendliness and told them DYOR. I always say "50 off via cash or check and 85 off if you pay via BTC/LTC" They go "wait you accept that stuff? How do I pay with made up digital money?" I tell em its just slightly more work to setup, for the first time, than paying with their digital usd via cc or debit.

Fine-Dentist

If only more places accepted it. Most payment gateways take LTC so you can use it to pay for your web hosting or whatever. Not so much Nano.

ZT480me

I didn't see anyone picking on litecoin. Zero downtime, MWEB.. fan of LTC over here.

Broqueboarder

I expect a boost to LTC this year but not sure how much. LTC is a great coin. But it is lacking in defi. LTC is going to be affected by Rosen Bridge this year. The bridge is currently live between Ergo and Cardano. Its a decentralized bridge that has watchers and guards. Watchers and guards get revenue of the bridge transaction fees. Anybody can be a watcher. I run the watcher software on a laptop. Rosen Bridge team is currently working on adding bridges to BTC and Eth. Since LTC is a fork of BTC, once bridge to BTC is live it wont take much work to adapt Rosen to LTC. Once bridge to LTC is live you’ll be able to bridge LTC over to the Cardano, Ergo and Eth chains, invest rsLTC into whichever defi apps have the best returns.

biba8163

> Especially considering the God awful tokekomics You invest in CRO. They created 100 BILLION tokens just a few years ago and gifted it all to themselves and said they burned 70 Billion... > And also the marketing they do is nothing to scoff at....Major sponsorships like the UFC for years to come will only bring more eyeballs to them and crypto in general. https://np.reddit.com/r/CryptoCurrency/comments/1bo28k4/time_to_take_another_look_at_the_cro_token/kwo7lsj/ > Yep that’s why I dipped out in 2018/2019. I wasn’t a true believer, knew it was inflationary. You invest in DOT. Created over a BILLION tokens and gifted it to themselves and currently has 10% inflation on top of that > My portfolio is 88% Polkadot https://np.reddit.com/r/CryptoCurrency/comments/1bo28k4/time_to_take_another_look_at_the_cro_token/kwo7lsj/ I don't hold Doge and he supply is quite centralized but it's merge mined with LTC and has a 3.6% supply inflation rate. The fact that people invest in absolute 100% supply out of thin air shitcoins like CRO and DOT and talk shit about DOGE inflation really is fucking baffling.

ThatChrisGuy7

LTC is going to make some moves here

YamsForEveryone

I’d like to know too. I’d prefer LTC over doge. In fact, ltc is a coin you can trade between 50 usd and 100 usd frequently.

Code2008

I'm tapped out. Just letting my ETH stake and hope LTC goes back to 300 again some day...

xen91

have you though about the transaction fees? If a customer is paying in BTC and there is a $100 transaction fee on top and a 6+ hour wait for the transaction to go through, they might prefer to pay with a credit card... You could use lightening etc, but I just can't get my head around it, seems like a bodge to me. But other cryptos like LTC , XMR , etc are cheap and fast, but not so well used... so not sure what the answer is. Maybe offer a 10% discount if they pay in LTC or XMR ?

zooka19

Wanna sell ADA and LTC, but I'm red. I also wanna buy some XRP. I know you'll all hate me and think I'm crazy.

nugymmer

BTC because it's the first one and the most capitalised. ETH because of its flexibility and it was also the first smart contract network. LINK because it's the first decentralized oracle system. HBAR is involved with very large companies. LTC of course goes without saying, being the first BTC clone with a different tokenomics scheme. Those 5 should do well.

nugymmer

Long term, I would bring it down to say 5 projects. Of course the first one being BTC, then ETH, then LINK. After that we then add HBAR and LTC.

alyhandro

LTC underated

RubberyDolphin

How far down the list would we put LTC, XRP, or MATIC (used to think these were top 3 contenders)?

alwxcanhk

For every $100, buy: $50 BTC, $20 ETH, $10 SOL, $5 AVAX, $5 LINK, $5 LTC, $2.5 BCH, 2.5 AR (or just $5 BCH)

branajgka

You can actually achieve the same thing with FUN using Fizenwallet. Instead of needing someone's account details, you can just scan a QR code to send them FUN easily. Also, BTC, LTC

GrandmasGiantGaper

OK here's a usecase regard. 1. you live in china and you want to send money outside of the country 2. you can't 3. oh wait, you can use a VPN and send someone LTC there you go, there's a single use case

SK8TINGBLIND

LTC’s block size are 4x larger than btc’s

otherwisemilk

LTC is great if no one uses it. But with any actual usage it too will be riddled with fees. LTC has the same shortcomings as BTC.

purplecowz

so they've doubled their LTC holdings and you think it doesn't matter? ok. thanks for being rude for no reason though

vinibarbosa

I have received payments in cryptocurrency since 2020. First, partially, in exchange for a few writing gigs; but now I'm fully paid in crypto and I currently feed my family with these payments. My first choice is Nano (XNO). 1. Zero fees make a huge difference in the long term for both the sender (who pays) and the receiver (myself). 2. Deterministic finality makes sure the transaction is irreversible as soon as it receives the first confirmation. 3. Finality in \~600ms on average gives the security of a successful settlement and diminishes the price-spread risk from the time the payment was sent to the time the payment is received and can be liquidated (if desired) by the receiving party. This is also often overlooked, but as of great importance in such a volatile market. I would also gladly use Monero (XMR) due to its privay-by-default characteristic; or take other efficient decentralized cryptocurrencies like Bitcoin Cash (BCH) or Litecoin (LTC). XNO and XMR are my two favorite options, tho.

2LostFlamingos

Lite coin LTC is the play here. Accepted nearly every exchange.

MEISENSTEIN

LTC is the obvious answer here. Or pick a stable coin.

Elegant_Support_8082

CEX = centralized Exchange. A lot of times if you want to end up converting crypto into your local cash currency and or send it to your bank, you’d have to end up using a CEX like Coinbase or Kraken to cash out. LTC has Litewallet which has some options to cash out using gift cards and Among other options

captaincrypton

LTC, or ADA,or ADA or Cardano

biba8163

> Please tell me why Grayscale is scooping up Litecoin if it's a bad investment Sure, I am always happy to expose pure foolishness. Institutional interest in crypto outside of BTC and ETH is negligible. There has been more demand ETC than LTC - it's still negligible to make a market impact. In 2020 Grayscale had: - $10 Billion in BTC - $1.7 Billion ETH under management - $74 Million in ETC - $74 Million in LTC - $58 Million BCH https://www.coindesk.com/markets/2020/12/15/grayscale-now-has-13b-in-crypto-assets-under-management/ In 2024 Grayscale has: - ~$50 Billion in BTC is owned by Grayscale and the other ETFs - $9.2 Billion in ETH under management - $315 Million in ETC - $162 Million in BCH - $149 Million in LTC https://www.grayscale.com/crypto-products

modpr0be

BCH and LTC for me. Always supported, low fees.

cjbronx225

XRP would be my first choice. LTC is also good and widely accepted

Asheddit

LTC shillers don't understand LTC/BTC.

biba8163

- LTC's BTC high was .04792 in late 2013. If it kept up with BTC, the price would be $3,040 $50 in 2013. $80 in 2024. Why would you sell that kind of performance?

lucalolio

Monero is a good coin but delisted from many exchanges, LTC or BCH is prob what I'd recommend low fees, pretty fast easy to sell

ODABBOTT

Can’t speak for LTC as I don’t own any and haven’t done any major research, but at some stage ADA will have its moment during this bull. Same thing happened last cycle; nothing for ages, everyone panning it as a dead coin or stable coin, and then BOOM green candles and ath’s. Just make sure not to get greedy and sell some when you’re up!

Own_Television_6424

LTC is a main candidate for a etf.

purplecowz

I would not sell LTC

tylertheagressor

I suggest LTC. Fees almost not exsisting. A lot of p2p cashout options

phatangus

LTC is one of the top 10 alts in the [LGBTCQIA+](https://www.reddit.com/r/CryptoCurrency/comments/1cdafv5/following_on_the_success_of_btc_etfs_the_next/) list. Definitely index fund material.

zooka19

Wanna cut LTC and ADA but don't feel like throwing away $400

PentoliteUK

LTC is king

SK8TINGBLIND

LTC is the way.

SK8TINGBLIND

LTC. It’s so fast and cheap. I always buy a little bit of LTC on the side then I buy BTC. My LTC transaction are always super cheap and confirm faster.

PeyroniesCat

I’m very fond of LTC as well. It’s practically free whenever I need to transfer between exchanges.

Dracian

LTC or SOL. I can’t say much other than I’ve found people that said they’d accept it. I bought a tablet from someone and paid with BTC. Smart move on their part if they held it.

DangerHighVoltage111

BitcoinCash > Monero > Dash, nano, LTC

Difficult-Way-9563

LTC. There might be better as in faster, cheaper or more secure, but LTC is good fees and pretty fast but had these going for it the others don’t. 1) History/uptime: been around as long as BTC and hasn’t had a major (or even minor) issue that I’ve heard. 2). Most popular form of payment for alts in the wild: haven’t seen any other alts being accepted as forms of payments besides LTC, ETH, and DOGE. An alt can be the fastest, cheapest, and most secure but doesn’t mean anything if it’s not accepted many places.

Xylber

LTC or SOL And Monero if you need privacy. Not as good option: something in Binance SMart Chain, BNB or CAKE.

CointestMod

#Litecoin Con-Arguments Below is a Litecoin con-argument written by DaddySkates. > When LTC released, everyone was talking about it. In some time people started the saying about “LTC is the silver to BTC gold”. And frankly it used to be true. > > Nowadays people rarely talk about LTC anymore.. and when they do its in the connection with its founder selling his holdings at absolute ATH which made people run away from LTC not trusting them again. BTC is leader-less for a reason. > Satoshi knew that it will be more successful without a founding father. And its true. > > LTC isnt going to be “killed” by the lack of technology. Its because of the poor decisions that their leader dod without any care for the projects future. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Litecoin) to find submissions for other topics.

CointestMod

#Litecoin Pro-Arguments Below is a Litecoin pro-argument written by FrogsDoBeCool. > # Litecoin - A Cryptocurrency With Currency in Mind > > Disclosure: I have never owned Litecoin, I do not personally believe it is a profitable investment compared to other cryptos, but is a safe crypto to bet on. I have made a Cointest on this topic previously, which has been copied pasted here. This submission is supposed to be readable for any one person just starting in crypto, but does delve into more technicals later on. > > ​ > > # The Start of Litecoin > > * **Charlie Lee,** the [founder](https://en.wikipedia.org/wiki/Charlie_Lee_(computer_scientist)#cite_note-Williams-Grut_2018-1) and developer of Litecoin. Lee begun his life at Ivory coast, his family being Chinese immigrants at the time. During his teens, he moved to the United States where he finished [Highschool](https://www.cusd20.com/o/lhs) and [College.](https://en.wikipedia.org/wiki/Massachusetts_Institute_of_Technology) His major being in Computer Science, and eventually his master's being in Computer science as well. > * After College, Charlie had begun working [on getting hired](https://www.linkedin.com/in/chocobo/), from 2000 to 2007 he worked at a couple of small technology companies, but in September of 2007 he was able to be hired at Google! He has helped build several key features of Chrome until 2013. > * In 2011, Charlie learned of bitcoin via the [silk road](https://www.investopedia.com/terms/s/silk-road.asp), due to his already skeptical nature of the government he instantly was fond of bitcoin, he began mining bitcoin in 2011 but soon realized the faults bitcoin had, and began building what is now called Litecoin. > * **Litecoin's Foundations** > * Litecoin was built in C++ and officially was a fork of Bitcoin. All Operating systems allow for Litecoin to be used and developed on except some minor operating systems, and a couple of major ones like - chrome os, mac os. > * Litecoin works similar in bitcoin in that every 4\~ years the reward for mining is [halved](https://stormgain.com/blog/litecoin-ltc-halving#:~:text=more%20acceptable%20values.-,When%20is%20the%20next%20Litecoin%20halving%3F,will%20drop%20to%206.25%20LTC). The next being in 2023. > * Litecoin was built to act as cash, since every transaction cost (currently) around [$0.02.](https://bitinfocharts.com/litecoin/) Litecoin has a block time of 2.5 minutes, meaning every 2.5 minutes a transaction block is verified, leaving quicker transactions and less bloat in the network. The only time 2.5 minutes per block was overextended was in [2012](https://bitinfocharts.com/comparison/litecoin-confirmationtime.html#3y) when Litecoin during Litecoin's early release. > * Litecoin has about 50 transactions per second, about ten times better than bitcoin. > * The richest litecoin wallet owns about 6.5% of all litecoin's. From what I could find (not a lot) this may be an exchange's cold wallet. They dca into litecoin a lot, but buy at pretty bad times, nearly doubling its LTC held just days before the may crash. > * [Open Source](https://github.com/litecoin-project/litecoin) > * Litecoin is fully decentralized in the fact any one person could submit code into the network and as long as a majority of miners agree to that fork it will be implimented. This is similar to bitcoin. > * Litecoin made its own satoshi esque vocabulary, a photon. > * The Hashing Algorithm > * Since Litecoin works on Proof of Work, it needed to find a solution to ASICS, a crypto mining specific cpu. Litecoin solves this with [scrypt](https://www.mycryptopedia.com/litecoin-scrypt-algorithm-explained/#:~:text=Scrypt%20is%20a%20hash%20function,Litecoin%20and%20Bitcoin%20protocols%20respectively). What's funny is apparently since Dogecoin is a fork of Litecoin anyone can mine both Litecoin and Dogecoin simultaneously on the same network. > * There was no pre-mine on Litecoin. The first people who mined got the most. The supply of Litecoin is about 84 million at maximum. > * The price of Litecoin just barely went over its [2017](https://coinmarketcap.com/currencies/litecoin/) peak, which to many sounds bad, although 80-90% of all cryptocurrencies failed during the 2018 bear run, so litecoin has still beat the majority of the market. > > # What Litecoin is Now > > * **Litecoin was the first major cryptocurrency to implement the lightning network.** > * The Lightning network > * The lightning network is a layer two solution to build scalability, security, and speed upon bitcoin, but in this case, [Litecoin.](https://en.wikipedia.org/wiki/Lightning_Network#:~:text=On%20May%2010%2C%202017%2C%20Christian,a%20fraction%20of%20a%20second) > * Taken from my "Lightning network pro july - aug 2021"... "The lightning network to work basically sets up a channel that connects the network from the sender and receiver. The lightning networks uses multi-signature transactions to confirm a lightning channel. Time locks are also used, which is a way to stop transactions from instantly being executed. Time locks are most commonly used when there’s a lot of demand for bitcoin transactions, and not enough blocks being confirmed." > * TLDR: Lightning network will may litecoin even faster, secure, and decentralized than ever. > * **Mimble Wimble** > * Mimble Wimble is the update to Litecoin, it is THE update to litecoin to include complete privacy, comparable to Zcash and Monero, but with scalability and [security](https://coinmarketcap.com/alexandria/article/what-is-mimblewimble). Mimble wimble was first thought of in 2016, but took 4 years to begin testing on the litecoin test-net. > * mimble wimble hides the amount of litecoin sent, the address, and even the ip of the user sending the litecoin, thanks to [Dandelion.](https://medium.com/beam-mw/about-dandelion-and-mimblewimble-e083597e0355) > * To explain further, Litecoin Mimble wimble has no addresses. transactions and private keys are verified no longer by signing, but "Proof of ownership is instead achieved through methods similar to CoinJoin and Confidential Transactions. Input and output owners form a multi-signature to sign off on each block, eliminating the need for addresses," [source](https://medium.com/interdax/litecoins-mimblewimble-extension-block-proposal-209337b38b11) > * **OmniLite** > * OmniLite for the litecoin network adds support for smart contracts, easily created crypto currencies, and nfts. Meaning as of September, Litecoin while using Omnilite, [supports smart contracts and nfts.](https://litecoin-foundation.org/omnilite-launches-for-the-litecoin-network/) > * Omnilite was mainly developed by a worker and programmer of the litecoin foundation, Loshan T. > > # Conclusion > > * Litecoin's past and trajectory as one of the most popular cryptocurrencies continues with the development that the litecoin foundation puts into Litecoin to this day. > * The ability to include smart contracts, cheap transactions, scalability, and security helps solve the [cryptocurrency trilemma](https://www.gemini.com/cryptopedia/blockchain-trilemma-decentralization-scalability-definition#:~:text=The%20blockchain%20trilemma%20refers%20to,decentralization%2C%20security%2C%20and%20scalability), the first cryptocurrency to perfect the trilemma will become one of the most invested, used, and popular, Litecoin is close. ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Litecoin) to find submissions for other topics.

brianddk

I'd stick to the top 20 market cap coins, and entertain layer-2 for BTC and ETH. So coins you could offer: BTC-LN, ETH-Poly, BNB, XRP, DOGE, BCH, LTC

Browniano

Transfer fees are always a multiple of blockchain real costs because CEXs keep moving coins to/from their inner wallets to clients' addresses. One way to avoid this is using coins/tokens with reduced transfer fees such as LTC, BCH, XRP, XLM, EOS or use a different blockchain with reduced costs (e.g.: Polygon, BNB...).

apathy420

Except my good ol long time pal LTC. LTC do what it wants!

CRABMAN1981

1. Don't use Coinbase for gambling sites. They hate it and will shut you down. 2. Don't use Bitcoin to gamble with - use LTC or USDT - much cheaper fees

ThatChrisGuy7

It’s not too late to get on LTC. It’ll be 100 before you know it

purplecowz

because it's undervalued. Grayscale is vacuuming up LTC. It's being implemented as a mainstream payment method on a large scale. It could also be close to next in line for an ETF.

ThatChrisGuy7

LTC might be finally starting its usual delayed BTC follow upwards

monerobull

The list is braindead. Monero is the complete opposite of "no utility, only price speculation". LTC shouldn't be on there either.

Reach_Beyond

I can’t even think of what half those coins you listed are. At least be realistic the ETF would be 50% BTC, 30% ETH, 5% BNB/SOL/XRP/ADA. No one is holding an ETF with your shit bags so heavily weighted. 20% LTC when they are <1% market cap?

Smiling_Jack_

So dumb. Going farther out the risk curve into alts doesn't minimize your risk, OP. Very few alts appreciate against Bitcoin beyond one cycle. Look at your LTC. It's been utterly spanked by BTC for a decade now. It's literally more risk and less return.

iamsoldats

Good. ETH is a bald-faced security. They should rescind ETH futures while they are at it and then fast track LTC and DOGE spot ETFs.

SquatDeadliftBench

Remember [LTC and Wal-Mart partnership](https://corporate.walmart.com/news/2021/09/13/walmart-statement-in-response-to-fake-litecoin-press-release)...lol, man, that was one hell of a night. > Walmart was the subject of a fake news release issued on Monday, Sept. 13, that falsely stated Walmart announced a partnership with Litecoin (LTC). Walmart had no knowledge of the press release issued by GlobeNewswire, and it is incorrect. Walmart has no relationship with Litecoin.

lukokius1

SOL raising a new gen of lunatics. LTC is proud.

CounterAdmirable4218

LTC will be before ETH in my opinion.

dannygladiolas

I do not know, but what I like LTC it is accepted on all CEX with a fraction of cents.

gr8ful4

Why? BTC and ETH are intended to be high price. Just use a low fee alternative like LTC, BCH or XMR.

WR3CKONER

I agree from an investment standpoint that it may never hit a large market cap like BTC or ETH, but from a decentralized/privacy standpoint and store of wealth/currency XMR can’t be beat. Also I get that binance is the largest CEX in the world, that XMR is being banned in the EU, but that’s because they’re afraid of it. Wasn’t the point of crypto to be your own bank and not have the government know your financial moves? I would like to also add LTC/BCH to my portfolio once I get a chance. For now I’m holding XMR and it is definitely incredibly undervalued, and I respectfully disagree that privacy coins will not survive. You don’t need an CEX to purchase XMR. XMR is what Bitcoin was meant to be.

gr8ful4

You re more than correct. And you miss the few actual "useful"cryptos such as 1. Monero 1. LTC/BCH 1. BTC 1. ETH

Ok-Signature8177

Welcome to the crypto community! Congrats on taking the first step. With your current holdings, you've got a great starting point. When considering investments, remember to: 1. Diversify your portfolio 2. Research each coin's use case and potential 3. Set clear goals and risk tolerance 4. Stay up-to-date with market trends and news As for your current holdings, LTC and XRP are established players, while ICP and ADA have promising futures. Consider exploring other coins with strong use cases and potential for growth. Remember, investing in crypto carries risks, and it's essential to educate yourself. If you're new to crypto, consider starting with reputable resources like Coindesk, CryptoSlate, or even our community's wiki page. We're happy to help you navigate the space! Also, a friendly reminder: always be cautious of risky investments like binary options, which can be detrimental to your financial health. Prioritize informed decisions and responsible investing!

Ok-Signature8177

Welcome to the crypto community! Congrats on taking the first step. With your current holdings, you've got a great starting point. When considering investments, remember to: 1. Diversify your portfolio 2. Research each coin's use case and potential 3. Set clear goals and risk tolerance 4. Stay up-to-date with market trends and news As for your current holdings, LTC and XRP are established players, while ICP and ADA have promising futures. Consider exploring other coins with strong use cases and potential for growth. Remember, investing in crypto carries risks, and it's essential to educate yourself. If you're new to crypto, consider starting with reputable resources like Coindesk, CryptoSlate, or even our community's wiki page. We're happy to help you navigate the space! Also, a friendly reminder: always be cautious of risky investments like binary options, which can be detrimental to your financial health. Prioritize informed decisions and responsible investing!

MoneroFox

If you liked BTC, you can use similar public coins such as BCH, LTC, ... there are many possibilities. If you don't want to support ASIC manufacturers and Chanalysis, then try Monero.

Aired_

Buy a small amount of something else and swap if you can't find a reliable exchange. Simpleswap has it listed at the time of this post 1 LTC would get you 13.4 TON. Can swap as little as .25 LTC ($20)

PushTheButtonPlease

Has anyone said LTC or BCH yet? If so, never mind.

NightKnight_CZ

Litecoin is going to be used more and more... 99% will be out-priced of BTC. BTC for large transactions, nations, corporates etc... Litecoin for all whole of Asia, South America, Eastern Europe, Africa, normal daily usage. LTC is going to $1000+

Hurricane_Ivan

I'll be prioritizing the following (greatest to least): * LCX * QNT * LINK * XMR * ATOM Maybe a bit into LTC too.

nwaFZ

LTC, Jasmy, XYO , ALGO and SWFT for the what the hell why not play

No-Procedure8207

Unpopular… Very unpopular but LTC DAG ADS

KilgoreThunfisch

Welcome to the reddit crypto community, we eat the young here. Be prepared to be met with just downvotes as you first start learning. [Binance](https://academy.binance.com/en) is a good place to start learning. The market though generally is like a giant sea, the tide rises and falls about the same way everywhere. There will be a few outperformers compared to others, but do your research, there will almost always be a reason for this. BTC sets the trend generally, and then all the others like ETH, LTC and SOL and so on follow that trend.

Whiskeywonder

Decentralized doesn’t mean it will perform as a monetary safe haven. Really only Bitcoin has that position. You can argue for ETH and a few major alts and even LTC but they can all grow out of favor. Bitcoin is the only real crypto to trust in this area.

flying-rat24601

# Considering the following, thoughts? If you had to choose one which would it be? RPL LTC CHZ QNT LRC

MPH2025

Fret not. I just sold 75% of my BTC for LTC

AQSAHI1

Lost almost every thing in binance [futures.My](http://futures.My) entire portfolio got liquidated over night was 30x long on LTC. Learned my lesson always use stop loss on trades. I know many of you guys are holders and not traders. But i want to share this with some one. Any of you guys have incident like that. This is my first time commenting here. Been here for a long time just reading what people think here but today i just want wanted to share my loss and a lesson that never trade without stop loss. Peace

Familiar_Television1

Yes. Sold BTC and ETH to buy the dip of LTC. BTC/ETH won’t be doing more than a 2x in a year. LTC can easily 5x.

Shot-Crew-8383

Just use LTC. It was designed to be a decentralized form of payment. It already dethrone Bitcoin this year. More people are using it because it cost pennies for tranactions.  https://www.binance.com/en/square/post/5143826628449

Shot-Crew-8383

Nah I just keep buying LTC. Since Grayscale is buying millions of it daily. Also because it claimed top spot for payments in Bitpay. Wild that Bitcoin is no longer the main crypto to pay goods for. 

Shot-Crew-8383

LTC #1 baby! If you didn't know Litecoin has dethrone Bitcoin in bit payment last month 41% to 25%. Since it cost pennies to use versus Bitcoin which cost dollars. 

Shot-Crew-8383

Literally the sleeping giant. I can't imagine any other Crypto having the gull to surpass Bitcoin and be ignored. People sleeping hard on Litecoin. The whole point of BTC was to be decentralized and another form of currency. It became a centralized storage of wealth. Now Litecoin is decentralized and has overtaken Bitcoin as king for payments and transactions. With a market cap of under 8 billion???? Crazy. Grayscale keeps buying thousands of LTC daily for its trust it has 128 million in LTC. People talk about utility all the time well here is finally, a crypto that beat and stood up to BTC and has better real-time utility. Watch as LTC continues to dominate because it costs pennies to use versus bitcoin which costs dollars.