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    Thursday, February 8, 2018

    Litecoin AD&D Crypto. Something the not-so-young might remember.

    Litecoin AD&D Crypto. Something the not-so-young might remember.


    AD&D Crypto. Something the not-so-young might remember.

    Posted: 08 Feb 2018 06:55 AM PST

    Charlie estimates LTC Market Cap will be close to today's BTC Marketcap when mainstream adoption is achieved. So Price = 2500$ per LTC, Give or take!

    Posted: 08 Feb 2018 06:44 AM PST

    Anticipation for Litepay

    Posted: 08 Feb 2018 09:31 AM PST

    Charlie Lee pumping litecoin comparing ltcs market cap to btcs in the near future!

    Posted: 08 Feb 2018 07:05 AM PST

    Litecoin Core 0.15.1rc1 has been released! ��

    Posted: 07 Feb 2018 08:50 PM PST

    For those of you curious about Litecoin cash or whatever other forks are supposedly coming

    Posted: 08 Feb 2018 11:43 AM PST

    Will LitePay Be the Game Changer that Takes Cryptocurrency Mainstream?

    Posted: 08 Feb 2018 11:49 AM PST

    Will Litecoin Beat Bitcoin as the Transaction Tool of Choice?

    Posted: 08 Feb 2018 11:13 AM PST

    Litecoin Core 0.15.1rc1 released!

    Posted: 07 Feb 2018 08:52 PM PST

    Litecoin Is Now a Surprise Favorite of Criminals Tired of Bitcoin!

    Posted: 08 Feb 2018 05:35 AM PST

    Found this old thread from 2013 from /r/CryptoCurrency

    Posted: 08 Feb 2018 06:59 AM PST

    Can someone help me integrate Litecoin payments into my Squarespace print store?

    Posted: 08 Feb 2018 04:22 AM PST

    Hi I'm wondering if anyone has experience integrating Litecoin payments into a Squarespace store smoothly?..

    Currently, the only option available is to use Stripe payments and the default Squarespace checkout, but I'd love to add a Litecoin option.

    This is the store www.leonardmac.com

    submitted by /u/LeonardMac
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    This guy gets it

    Posted: 08 Feb 2018 12:01 PM PST

    A word on groupthink and irreparable damage to the Litecoin community

    Posted: 08 Feb 2018 10:57 AM PST

    I'm a part of the Litecoin ecosystem for quite a few reasons. I believe in the project, given almost every usage metric, it's vastly undervalued, and it has plenty of bandwidth for growth even in its current state.

    I also gravitate to the technical side of arguments. There aren't a whole lot of technical developments with Litecoin alone - certainly not enough to fill a daily reddit feed, so I understand the need to fill downtime with memes - and I'm ok with that. Most memes are harmless fun and some scratch the surface of a technical issue without delving into it.

    With that being said - the front page of /r/litecoin is one of the primary places to discuss the crypto and our front page represents us.

    That is why I was horrified to see this post hit the front page

    Why? - Think about what this represents to an insider versus an outsider.

    First - Charlie selling off his Litecoin can legitimately be seen as a sign of upcoming trouble to an outsider. In any other marketplace, a CEO divesting from his own company is frequently related to insider knowledge and upcoming trouble. There have even been some major pump-and-dumps in the crypto realm involving devs themselves. Not to mention that there has been some legitimate financial harm caused in the crypto realm in situations where trust is required (think Mt. Gox / Cryptsy / BitConnect.)

    As investors - we all should be wary of situations that require trust including any potential ulterior motives to Charlie Lee divesting.


    What factors make Litecoin / Charlie divesting different?

    There are a few things - first... Charlie hasn't been the most eloquent on Twitter in the past. Anyone who has been in Litecoin for more than a couple years knows that Charlie doesn't sugar-coat statements. If there's a cold, hard truth to tell, he tells it.

    Even through some of his past statements - AFAIK, there has been no major address (or provably related group of addresses) to massively buy or sell before these statements. It's possible (albeit improbable in my mind) that Charlie is insanely smart and hid his trail perfectly. I would love it if one of the firms dedicated to linking crypto addresses to real-world identities could put some leg-work in on this. With that being said no shred of evidence has been substantiated in this realm.

    Second - Charlie is still committing although his commit rate has recently slowed. Still - Bitcoin was in the process of upgrading to Segwit / Lightning most of last year and Litecoin was looking to adapt also. There are plenty of periods of chaos and plenty of periods of almost no commits. Heck - Charlie had only 9 commits in all of 2016 and 0 commits in 2015.

    As long as Charlie is there to commit when Litecoin needs something, it's obvious he's still working on the project.

    Finally - it doesn't really matter if Charlie does disappear from the ecosystem. There will be some temporarily reinforced fears that Litecoin is doomed to fail, but Charlie isn't the only developer for Litecoin - there is currently a team of 8 with access. Even if commits to the litecoin github are no longer possible because all of the admins leave - the project can quickly be pulled and work can resume from any other interested developer. This is the resiliency of open-source and blockchain.


    So with that frame of reference in mind - let's look back at our meme.

    From an insider's perspective... most of us know the factors above and - sure, we're tired of hearing about it and explaining Charlie's actions. It's easier to dismiss than to continue to explain...

    But we shouldn't take that easy route because:

    From an outsider's perspective in the best case, you've just seriously insulted the intelligence of someone asking a question that - frankly - should be asked. In the process, you have given them no information. If this is your answer to someone's questions, you are losing these people as potential adopters 100% of the time.

    To add to that, let's say an outside redditor who has a relative with a legitimate mental issue comes to /r/litecoin to find more about it. They scroll through for information, but see this meme ranked highly on the page. While it's controversial with only ~64% upvoted it's still saying "this represents our community more than it doesn't"

    Even if reddit is a place for random people to submit literally anything, by upvoting that post, you are potentially alienating people that may otherwise adopt.


    I understand the desire as Litecoin holders to high-five ourselves for being in the "correct crowd" from time to time, but doing that instead of actually answering tough questions is the epitome of groupthink. We shouldn't take the easy way out. If anything, we should all be wary ourselves and continue to check up on the Litecoin github as well as major-holder usage and actually explain the situation.

    And if we really need to high-five ourselves, could we get more of this and a bit less of this?

    TL;DR Please meme responsibly

    Edit - Minor text fixes.

    submitted by /u/CaptainPatent
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    Got them Satoshi Lite avatar tees at bitninjasupply.com

    Posted: 08 Feb 2018 11:36 AM PST

    LSC has a new website now with different translations and article submissions. Let's build the community together!

    Posted: 08 Feb 2018 11:20 AM PST

    Electrum-LTC desktop wallet not supported/endorsed by Electrum?

    Posted: 08 Feb 2018 07:12 AM PST

    https://twitter.com/ElectrumWallet/status/961186065976643585

    I just saw this come across my Twitter feed and was wondering if this is true? If so, is the Electrum-ltc wallet secure? Sorry for such a noob question just concerned.

    edit: typos

    submitted by /u/xGmann3
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    Hey LTC! New Evidence that Platinum is a Faster Conductor than Silver.

    Posted: 08 Feb 2018 10:09 AM PST

    Just thought I would post this link below on a physics forum. Silver has always had the reputation as the "fastest" conductor of electricity. BUT as this guy seems to be pointing out that may have been because Platinum was more expensive to use. So did 1800s marketing just say silver is best - just to make everyone feel better? Why am I posting this? Because Charlie love the LTC/Silver analogy. BUT HE IS AN EXTREMELY SCIENTIFIC AND FAIR THINKER. So, maybe if we can prove to him (with this link) that he was mistaken, "platinum is not just more valuable than silver, IT IS FASTER just like LTC," So get with it LTC Foundation Marketing Team and start pushing the Platinum/LTC analogy - because it is true, Charlie! And general population newbies are simply going to be MORE confident about finally trying out something associated with Platinum. Marketing IS about ADVANCING ADOPTION. Everyone do what you can to get this message across and flooded into the LTC Marketing Team.

    submitted by /u/danpolage
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    Pay with Litecoin!

    Posted: 07 Feb 2018 08:49 PM PST

    Bought my first item on @Overstock using $LTC. What was it you ask? A powered USB hub to run my ultra-efficient litecoin miners! #PayWithLitecoin

    What places have you used litecoin?

    submitted by /u/BOMinvest
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    Dubious honor for Litecoin

    Posted: 08 Feb 2018 10:28 AM PST

    Litecoin Cash Fork - Is this real?

    Posted: 08 Feb 2018 10:07 AM PST

    I just heard that there will be a fork of LTC around Feb 19th, is this true? [10:1 Litecoin cash to LTC]

    submitted by /u/Ghidorah_Zero
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    Do I need to back up my wallet each time I create a new address?

    Posted: 08 Feb 2018 04:02 AM PST

    Hey guys,

    I've created a new LTC address in Litecoin Core (the official wallet) and I wonder if I need to back up my wallet each time when I do that?

    Thanks.

    submitted by /u/blulemming
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    Morning Reader 3 – Curated Blockchain News (beta)

    Posted: 08 Feb 2018 08:45 AM PST

    Hi there,

    I'm João, maker of Morning Reader (http://morningreader.com), a technology news curation app. We're working on Morning Reader 3, which adds a new channel focused on blockchain and crypto news from top sources like CoinDesk, Bloomberg, CoinTelegraph, and more.

    The private beta is live here: https://beta.morningreader.com

    User: mr3beta Pass: mr3beta

    Would love to hear your feedback. Thanks!

    submitted by /u/jalfaiate
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    Can any LoafWallet Creators tell me what happened?

    Posted: 08 Feb 2018 07:27 AM PST

    So I tried to send some LTC, around 2 bucks to a paper wallet. Scanned it with a QR code and sent the LTC. I set my phone down then come back and check on it. Has a completely different address than than what is on the Paper Wallet. What happened?

    submitted by /u/RedditPoster05
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    Newb to LTC

    Posted: 08 Feb 2018 12:11 PM PST

    Hey, im following LTC a little while now, and its price is now around 125 euro´s. Considering LTC will rise in 2018 (hopefully), should i buy some right now? Im a small player so i will problably buy one :)

    submitted by /u/Donenzone1907
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