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Litecoin: Is LTC Seriously Underrated? My Take!! 🧐

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0:00 Intro
02:09 What’s Litecoin?
04:53 How Does Litecoin Work?
07:54 Litecoin Privateness
10:11 Litecoin Value Evaluation
12:19 Litecoin Value Potential
13:52 Litecoin Professionals And Cons
16:39 Litecoin Roadmap
17:53 Conclusion


⛓️ 🔗 Helpful Hyperlinks 🔗 ⛓️

► Litecoin Defined In Element:
► 2011 On-line Poker Crackdown:
► Litecoin Dogecoin Merge Mining:
► Litecoin Mimblewimble Privateness Defined:
► Litecoin Visa Debit Card:
► Litecoin Flare Community Assist:


👨‍🏫What Is Litecoin?👨‍🏫

Because the title suggests, Litecoin was designed to be a lighter model of Bitcoin. Whereas BTC is a retailer of worth, LTC is supposed to be the sound cash that individuals will use for on a regular basis funds

⛓How Does Litecoin Work?⛓

Litecoin is mainly like Bitcoin with just a few modifications. For starters, as an alternative of the SHA-256 proof of labor consensus mechanism, Litecoin makes use of a particular proof of labor consensus mechanism referred to as Scrypt

One little-known reality about Litecoin is that DOGE is merge mined with LTC. With out stepping into the weeds, merge mining makes it attainable to mine two cryptocurrencies with out utilizing any further energy

💸Litecoin Tokenomics💸

Like Bitcoin, Litecoin has a 4-year halving cycle, that means the quantity of LTC miners get from every block is lower in half. When the primary Litecoin block was mined, the reward was 50 LTC

The primary halving occurred in August 2015, slicing the block reward to 25 LTC. The second Litecoin halving occurred in August 2019, which was lower in half once more to 12.5 LTC

The subsequent Litecoin halving is scheduled to happen in August 2023, and although some web sites recommend this discount in provide is the driving force behind LTC’s value motion, LTC stays extremely correlated to BTC

👨‍💻Litecoin Privateness👨‍💻

In distinction to privateness cash like Grin, privateness can be optionally available on the Litecoin blockchain. This can be attainable thanks to a different know-how referred to as ‘extension blocks’

If you would like your Litecoin transactions to be personal, you’ll be able to ship your LTC to the Mimblewimble extension chain that runs parallel to the Litecoin blockchain and transact on it as an alternative

📈LTC Value Evaluation📈

LTC has seen loads of funding from each retail merchants on apps like PayPal, Robinhood, and Revolut. A whole lot of institutional cash has been flowing into LTC through Grayscale’s Litecoin belief, and numerous LTC ETPs

🤑LTC Value Potential🤑

If you happen to’re questioning how excessive LTC may go, this actually will depend on BTC. If BTC pulls a 2 or 3x, I reckon we might ultimately see an identical transfer for many massive cap alts together with LTC. This works out to about 1k

👀Litecoin Privateness Professionals & Cons👀

When Litecoin implements Mimblewimble, it should develop into part of cryptocurrency’s privateness funds area of interest which has a lot much less competitors

LTC is without doubt one of the best cryptocurrencies to get. Along with being on PayPal, Robinhood, and the Revolut banking app, there are over 15 thousand LTC ATMs around the globe

Taken collectively, which means when Litecoin provides assist for Mimblewimble, LTC may unironically develop into probably the greatest privateness preserving forex on the planet. Regulators might not like this

📅Litecoin Roadmap📅

Litecoin’s core builders additionally appear to be fairly lively on Reddit, and one in every of them just lately famous that they’re within the means of placing collectively a concrete roadmap

Flare Community can be scheduled to air drop its SPARK token to Litecoiners in June, and this might flip Litecoin right into a hotbed for brand new decentralized functions

Within the meantime, The Litecoin Basis is engaged on creating new partnerships and increasing LTC’s use instances


📜 Disclaimer 📜

The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who shouldn’t be a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable threat of loss. The speaker doesn’t assure any specific end result.

#Litecoin #LTC #Crypto #blockchain

Source: Coin Bureau

39 Responses

  1. Very informing video. The fact remains that BTC is the future of crypto and the questions traders ask themselves now is if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me,i started with 1.5 BTC and i've accumulated over 7.5 BTC in just three weeks, with the trading strategy given to me by expert trader Μr Alvin Alfred . His methods are top notch and profitable and he can be contacted easily on Teleqram (@Αlvincryptotrading) cheers.

  2. ><🌈Thanks for the educative video⭐I still see cryptocurrency as one of the best digital investment and i totally love the technology when it comes to the largest crypt0 asset Bitcoin .As a trader, i have been able to understand that there are two sides when it comes to crypt0 and everyone has their 0pinions when it comes to choosing sides, though i am not kicking against, but i see it as an old and odd strategy to make profit of the market as when the market goes bearish investors/traders loses their investment which is always painful, when you can take advantage of the market by involving in day trading or copying trade alert from a professional trader that understand the market and use strategy to generate signals daily to make profit to grow your portfolio as i have been trading with Raphael Gary for the past 5 weeks and i have been able to grow my initial 1 btc to 6.8 btc with his trade signals which is much better/profitable. Raphael Gary is so good that I can attest to the accuracy of his trαde s!gnαls which is why I would recommend him for any trαder looking to stay profitable.He runs a program for serious minded investor/newbies who are curious to earn from b!tcoin regardless of the current pr!ce chart. You can easily get_to Raphael on 🆃🅴🅻🅴🅶🆁🅰️🅼@RaphGary ★★ <<

  3. From a personal point of view I feel crypto got to be best thing that has happened to the financial market for awhile now. it continues to open room for bulk gains whether in holding or most importantly trading, looking closely at Ethereum it started a fresh rally above the resistance zone against the US Dollar and it seems there is high chance for more upside. and the current trend would reveal the amount of institutes that have embraced the use of the crypto assets to optimal results,thats why i will say ETH is only just in the early stage of a bigger surge. Considering the the bulk return one get from trading than just holding,it might be too late buy an asset while holding but its never late to buy in while trading crypto and with trading crypto i have gained $170K in my portfolio but i didnt do it all by myself but with accurate strategy and signals from an expert trader Chen lawrence . With Adam help I no longer have to worry about the rise and dip of Bitcoin, you can easily get to Isaac on: Teleg: ram: @chentrading1 +1 724 228 4787 on whatpp.

  4. As soon as this clown posted this video litecoin collapsed to less than half where it was trading when he uploaded. and still peoples watch and follow this clowns feeble attempts at pumping crypto. $1000 he said, it's now $120!

  5. We have all listened and watched a few YouTube crypto people. Clearly there are very few if any intellectuals that speak as well as Guy! Sure is pleasant to see every word count and not to have to watch the gyrations and flailing hands of so-called analysts. Having more bucks than others doesn't make a person an expert.

  6. I have been a believer in the blockchain and the bitcoin over the years and from experience, I have learned that information about bitcoin comes from three kinds of people, One who knows but would rather suppress the information by publicly criticizing bitcoin but privately stacking up on the asset, there is also the truly ignorant who would swallow any information hook, line and sinker and of course, those that are truly devout to bitcoin and making steady progress in updating with information worth knowing. I have been in the last 2 group but with the assistance of Dwayne whose trades I have been copying for over 3 months now, netting in more than 9 btc in profit already. Learning never ends and I am still doing so with professional Coach Dwayne Clooney you should reach him on; ….. Tele Gramm @dwayneclooney** Have a Nice day.

  7. << when looking at previous reoccuring history of bitcoin, all conditions for the bulls to take full charge has been met but for the lowest band of the bollinger band which is yet to constrict the entire band to signal a sharp upward swing. Indications also show that this is about to happen so, bit will definitely keep rising so its right time to get all in but smartly of course. Its either you are great at it and if not, there are quite a lot of services offering signals, the best to my knowledge being that of Michael watson’s, a well seasoned trader who has proved his worth, at least to me as i made over 7 btc is a few weeks starting trading his signals with just 2. Michael (Telegram (@cryptocurrency224 ) is very adept in TA and FA as well as analysing the markets in such a manner that other top traders should emulate

  8. < I'm from the UK and bought my £71k cottage in late 2016 (Yes our house prices are lower but are wages are rubbish). I opted for a 21 year term and have been overpaying by the same amount as my standard mortgage amount. My goal is to have my mortgage paid off December 2022. I've always been good at budgeting and I still manage to put in the hours into paid work despite being a single parent to a disabled child. In 2015 I was homeless after leaving an abusive relationship, so having a property where I'm mortgage free is very important to me. Not for the profit, as this is my forever home, but for the security and peace I tried many way to pay them off ASAP but it seems this will take forever, but searching way i came across HACKSERVICETECH🪐COM teams , which provide many service and paid off my debt which affecting my score, am so grateful because it boost my score than my expectations ..

  9. Great context. Everyone needs more than there salary to be financially stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns. I started investing in bitcoin mid November 2020 with the help of a well-known -professional Mr Brook Fred and the profit entirely funded my recent duplex.

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