Crypto 101 - LiteCoin Overview & Resources: Basics You Need to Know. | New Crypto Family Arriving Daily! Total Coins, Next Block Halving, etc. & Some Other PRACTICAL $LTC Resources/Facts etc.

in cryptocurrency •  7 years ago 

Ahhhhh. LiteCoin! I've always loved it!


About 6 mths ago... I was wondering which site would show me all that info, and likely even more things.

So I searched for it using "Next LiteCoin Halving" since I was wondering when it was, how this might affect value etc. and some other things.

And this is the site right here, which has a cool built in countdown timer/ticker counting down the days til the next halving which is set for Aug. 15th 2019 -- which I can remember easily because that is my birthday week!


Please send me LiteCoin LOL




Here is the site for those Halving Info Screenshots w. All the Useful Info:

http://litecoinblockhalf.com/


Reward-Drop ETA date: 15 Aug 2019 16:39:16

Litecoin's block mining reward halves every 840,000 blocks, the coin reward will decrease from 25 to 12.5 coins.

You can watch an educational video by the Litecoin Association explaining it in more detail below towards the end of this post.



LiteCoin has made HUGE gains again lately, for various reasons.

-- The policy/politics of Bitcoin and their struggles to address the scaling issues, the potential resulting (now, NEXT) fork from these issues, 3-5 types (forks) of $BTC on the market and more potentially coming, it is kind of a mess. But improving.

LiteCoin has none of these problems, and in fact, their miners DID adopt SegWit activation about 5 mths. ago now.

LiteCoin shares the Bitcoin codebase, if you did not know. They have implemented the Lightning Network as well a few weeks ago.


Learn more on that here in my LiteCoin SegWit Series I ran months ago on that issue with lots of good info:

https://steemit.com/bitcoin/@barrydutton/day-58-update-of-the-litecoin-segwit-network-vote-signalling-what-it-means-to-bitcoin-to-decide-to-fork-to-big-changes-watch-the


LTC is still sitting stable as a great store of value at #5 overall on CoinMarketCap.com out of ~850 Crypto Currencies:

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The last week:

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The last ~16 days on Bittrex:

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The last 3 days on Bittrex: With a High today of $67.75, and it was higher / hit it's highest around 8:30 am yesterday!

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1 week LiteCoin chart showing the gains:

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-- 5.5 mths ago, (~22 weeks, March 2017) $LTC was around $5 USD.

It had been there a long time. Not long after, it started to rise and stayed about the $8 range.

Then just after that.... it had mooned and hit (then) recent all time highs in the $11 USD range.

The factors vary but a lot of it has to do with the Bitcoin scaling and political issues in the community most people feel.


Here to show perspective, that is the last 1 YEAR (8/30/2016 - 8/30/2017)

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Right at the end of March, look at it take off, as I mentioned earlier.


We all know this past couple days, good old LiteCoin hit YUGE new ATH's over the $60 USD mark!! (The week of 8/26/2017)

This short 4 min. video will give you a great overview of LiteCoin basics/halving - it is a couple years old now, but the basics/fundamentals do not change. Plus it will help you understand coin halving processes for Crypto in general.



Useful LiteCoin Links:

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Official LiteCoin Foundation/Ass'n on Twitter:https://twitter.com/LitecoinAssoc

" " YouTube - https://www.youtube.com/user/LitecoinAssociation/videos

http://litecoinassociation.org/

$LTC founder Charlie Lee on Twitter: https://twitter.com/SatoshiLite (He is very active, a great resource)

LiteCoin websites - https://litecoin.org/

https://litecoin.com/



Thanks for reading, have a nice day.








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https://steemit.com/bitcoin/@barrydutton/video-world-crypto-network-daily-stream-from-today-21-mins-or-news-of-the-day-with-thomas-and-the-wcn-crew

https://steemit.com/cryptocurrency/@barrydutton/breaking-news-the-last-several-hours-shakepay-to-cancel-their-crypto-debit-visa-cards-services-to-clients-outside-the-eu

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https://steemit.com/cryptocurrency/@barrydutton/dan-larimer-video-interview-on-epicenter-today-this-is-a-really-good-watch-listen-it-is-pretty-in-depth-about-his-past-goals

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If you feel my posts are undervalued or you want to donate to tip me - I would appreciate it very much.

LiteCoin (LTC) - LKdsnvSXk9JW99EiNicFMGKc1FXiBo9tUE

Ethereum (ETH) - 0x3Ad69Ff057C9533ca667B2d7E3E557F5eeFd4477

Ethereum Classic (ETC) - 0x5ab2b08d4ce8d454eb9d1ecc65c6d8b0c5f9784c

Bitcoin (BTC) - 18J6RRuzX4V7b2CDbx7tWZYNBLkkGWsvWX

DASH - XgZvsvSZgPkNbmGbRhc3S1Pt2JAc7QHwiS

PIVX - DA3azxQqJiX9t7EviuacpamfNhMi2zGAUh

Expanse (EXP) - 0x819b9cce8630ab638198eabfd7496786c20d629a

Monero (XMR) - d8ecb02c09f70ec10504b59b96bc1f488af28b05933893dfd1f55b113e23fbff

Stratis (STRAT) - SNsJp6v1jXvKWy4XcXSXfNQ9zhSJJppJgv

Synereo (AMP) - 1KnrL6wFHaT4gjJ2YJ5f6WmKTDJNsaBS8s

ZCash (ZEC) - t1aCPEYELkGaf3GtgGTiCEDo7XfPm4QEwmL



Please note -- I will have limited internet access for awhile -- so PLEASE do not be upset that I cannot reply right away, or to everyone. I am dealing with some changes, and will have limited time online and will be happy if I get a few blog posts up a week.


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Thanks for sharing will check out the videos when I have more time to think and learn.

I never learned much about lite coin so this was nice to read. I had no idea it solved a lot of the issues btc is still struggling with long ago. Those are some massive gains on it.

Sad thing is I could bought it for like 1-2$ each back in the day. Oh why oh why dint I put my spare bitcoin into that when I took a break from this world. Looking at the charts its had a very hard life nice to see it’s on the up and up.

I really do try and give out quality resources here focused on newer crypto people.

spare Bitcoin....... Not many people feel they have it to spare LOL..... it has gone up and done well for you too, but LTC is a great coin.

LTC has another ATH day. My updates since I got back in the house and online late today -- are on point!

nice, I just finished a game rewview from my fav. childhood game lol.

Upvoted!
Follow and Upvote for all my articles @dillibabu
Thank you Sir

@barrydutton we have a winner!

This guy has won the internet for today!!!!!!!

  • Spam comments CHECK
  • Upvotes spam comments CHECK
  • Spams out lots of blogs everyday CHECK

Bonus Points!!!!!!

  • Is making all the right friends on Steemit. DOUBLE CHECK

winner.png

How about a flag for spam instead?

#WarOnSpam

for a good time read my comment to him lol. oh what joys!

I saw them LOL

BarryDutton Barry Dutton tweeted @ 30 Aug 2017 - 02:24 UTC

#LiteCoin Overview/History/Resources + #Charts - $LTC Mooning! #LTC #Crypto101 #CryptoCurrency #Liberty @SatoshiLite bit.ly/2iGiTL8

Disclaimer: I am just a bot trying to be helpful.

Tnx for sharing

Great post I am really learning a lot here on steemit thank you

I know, it is a good place for info, once you sift past all the garbage LOL.

I post useful, easy to use stuff every day for people.

great post @barrydutton. thank you for sharing

Truth revealed on old tv show, many people still ignorant...
https://dtube.video/#!/v/ragetester/6xicf9st
Feed the government!
Or was I looking for a different f word?

Its gonna be stable for a while, before it sky rockets again!

Keep mooning bit by bit!

I love stable currency type coins like this, I have always said that on here!!

steemit@ridwant.png

Super spammy --- your whole comments tab is full of this kind of stuff, try engaging with meaningful comments with people.

Thanks for all the precious Litecoin info @barrydutton! Lots of points you mention I didn't know about. Now I want to learn about the Lightning Network. This is not the first time I hear about it but I have no idea what it actually is.

The video is great too. Such, that I've decided to AMPed it.

https://l.wildspark.me:8000/HJebtWAXYb

Yeey, maybe I'll be rich :))

I am wishing the best for you!

TY for the comments today!!

Twitter Engagement stats lately:

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