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    Wednesday, November 18, 2020

    Litecoin Litecoin and Cardano talk potential Velvet Fork for Cross-Chain compatibility | Crypto News

    Litecoin Litecoin and Cardano talk potential Velvet Fork for Cross-Chain compatibility | Crypto News


    Litecoin and Cardano talk potential Velvet Fork for Cross-Chain compatibility | Crypto News

    Posted: 18 Nov 2020 03:21 AM PST

    Avoid PayPal crypto

    Posted: 18 Nov 2020 07:19 AM PST

    I was sent an invitation email marketing the new PayPal crypto as an easy way to invest. Everything was fine for the first dozen or so small transactions but when I attempted to sell at a profit the transaction was flagged and the money is being held at their discretion. I know there's better ways, but I figured I would give it a shot and I'm hoping my hours of hassle save you all some time. The gist is non profitable sales are fine with PayPal but turning a profit is "suspicious activity". I've yet to find out if the sale will be paid at the rate from the time of sale or will miraculously be released at a lower rate when the market dips but the wording of the representative made me assume the latter

    submitted by /u/Fatguy607
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    Transaction confirmed in under 60 Seconds, with a fee of less than 0.01 USD.

    Posted: 17 Nov 2020 04:20 PM PST

    Thanks, Litecoin.

    You are finally starting to get the recognition you deserve with shops, payment processors, vendors, etc.

    So happy LTC is back on the front pages!

    submitted by /u/yaboyjimE
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    Miners in China started shuting down the machines because they can't pay for electricity due to frozen bank cards

    Posted: 18 Nov 2020 11:37 AM PST

    PSA: Do NOT buy LTCN, ETHE, or GBTC.

    Posted: 18 Nov 2020 10:26 AM PST

    I had a friend that wasn't into crypto much, recently ask me if he should buy some litecoin through the index LTCN. This index is available on most brokers.

    The problem with this is that these shares represent 0.10 of a litecoin, in ADDITION to the fact that there is a 2.5% annual holding fee. Information found here: https://grayscale.co/litecoin-trust/

    If you look at the current market price of this trust with this information, you will see it is vastly overvalued. 0.10 litecoin on an exchange such as coinbase currently costs about $7.30 at time of writing. However, LTCN is valued at $245! So this fund is currently overvalued by a multiple of 35x...

    You can see a similar but reverse situation with ETHE, the ethereum index also by grayscale. It is currrently at $69.50, while it was trading at $107 exactly 6 months ago. If you look at the market price of ethereum on an exchange like coinbase 6 months ago, it'd be about $206, with ethereum today being at $476.

    In other words, ETHE is down 35% on a 6 month time frame, while direct real ethereum is up 130%.

    GBTC isn't quite as bad but the movements are not 1-1.

    TLDR: If you want to buy litecoin, ethereum, or bitcoin, open an exchange account and avoid grayscale's trusts at all costs. They currently do not even remotely accurately track the price of any of the assets that they claim to.

    submitted by /u/banditcleaner2
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    The story of Michael Bloomberg and how he made a fortune off the financial information you use everyday

    Posted: 18 Nov 2020 10:25 AM PST

    SBC - Charlie Lee and David Burkett discuss MimbleWimble Extension Blocks

    Posted: 18 Nov 2020 09:50 AM PST

    Help us get LTC/BRL listed on Binance Brasil

    Posted: 17 Nov 2020 05:55 PM PST

    Should I have a wallet or is the Coinbase app fine? Any pros and cons?

    Posted: 17 Nov 2020 02:49 PM PST

    If this is the wrong section to ask then feel free to move it. I'm relatively new to the whole Crypto thing and started with the Coinbase app, specifically Litecoin ofc. I was wondering if I should get the "Lite wallet" for my coins recently. Any benefits to this?

    submitted by /u/DarthRevan6969
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    Litecoin Velvet Fork discussion and papers

    Posted: 17 Nov 2020 11:32 AM PST

    Thanks for all of those who joined us to discuss a potential #Litecoin and #Cardano Velvet Fork!

    If you missed it here's the link to the discussion on Youtube: https://www.youtube.com/watch?v=n8mrYehtaQ8

    Here are the links to the papers etc we discussed: eprint.iacr.org/2018/087

    nipopows.com

    eprint.iacr.org/2020/1122.pdf

    eprint.iacr.org/2020/138.pdf

    submitted by /u/Bugatti99
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    Problem withdrawing my litecoin from Bitrue

    Posted: 17 Nov 2020 03:42 PM PST

    I am putting my ledger wallet address in the withdraw to wallet address and it keeps saying invalid address error. Do i need to put a sub prefix like I had to do with Bitcoin cash? or am i missing something?

    submitted by /u/thedinarian1
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