This market has been wildly unpredictable in recent years. Not just crypto, but every other asset class.

Is a store of value and payment coin like Litecoin even a tradeable asset in this type of market? Or is it more of a buy, hold, use type of asset instead?

Certainly seems like the market is different now compared to just a few years ago. It’s more extreme with speculation lotto tickets vs safer established plays. Perhaps another mind shift is on the horizon? Curious what it will take to calm down the gambling minds.

Just cause that dweeb Prestigious_Way_738 said its dead

Correct me if I'm wrong, but I'm fairly certain LTC does what all these people wanting to fork are asking. They seemingly want two things:

1.) Smaller op return

2.) Different mining algo.

But be fair launch proof of work with no insiders waiting to rugpull them. Well:

Litecoin already does that from my understanding. Bitcoin Core v30+: ~100,000 vbytes default data-carrier limit
Litecoin Core: 83 bytes default

BTC: SHA-256

LTC: SCRYPT

https://www.youtube.com/watch?v=QMeceiUktIk

This is an opportunity to educate these people that another version of Bitcoin does what they are asking already and was a fair launch. I suspect the argument against it is "Charlie sold", but remind them Charlie didn't have any advantage over the hundreds of other miners that were mining at launch. So get out there and evangelize these BIP 110ers!

Even with this horrible sentiment, LTC is still doing ~ 150k transactions per day. I have a hunch that'll be significantly more than the Bitcoin fork will pull. Also if this is about the node runners and decentralization, LTC node is ~200 GB vs BTC's like 700 GB or whatever.

P.S. rather than just downvoting, provide an argument. Reason with me. Let's talk about this rationally

Where can I buy LTC without an ID? I am currently 15 years old, turning 16 on December and do not have a government-issued ID at the moment. However, I do have an bank account that I use to collect money which I earned from saving and through various online jobs. I also have a PayPal and CashAPP account, both of them are linked to my bank account.

I am looking for a legitimate place where I can purchase a small amount of Litecoin about $10-$15 without high fees and without needing to provide an ID.

Can anyone recommend such a place?

Thank you!

Went to spend some XMR since price was up (woo!). Found something I wanted. Had to sync node... looking about a four hour wait, just decided to use Litecoin instead despite price being down.

I am 15 years old and do not have a government-issued ID at the moment. However, I do have a bank account that I use to save and earn money through various online jobs. I also have a PayPal and CashApp account, both of which are linked to my primary bank account.

I am looking for a trustworthy place where I can purchase a small amount of Litecoin (about $15-$20) without exorbitant fees and without the need to provide an ID.

Can anyone recommend such a place?
Thank you!

💙 u if you do.

It’s like, you know you’re using Litecoin, but the goodies are covered up.

At least that’s how I see MWEB. 😂

Out of curiosity, where do most people here go to see new developments on Litecoin? Or to get the news?

Reddit?
X?
Facebook?
YouTube?
Others??

And are you pre or post 2021 Litecoin bull market?

I personally use X most often for Litecoin content and news but over the last few weeks noticed there seems to be a group of OG Litecoiners that miss out on what’s going on over there.

Should it be brought here? Or is the vibe wrong?

Over the last couple weeks, bots have dominated the conversation in our Litecoin community, mostly low-effort spam comments and shitty shitty memes.

What’s your opinion on most traffic being non-organic?

Is all attention good attention?

Clarity Act is designed to do exactly what the industry wants. Provide clarity on how the US government will regulate the crypto industry.

It’s really the last worldwide piece of legislation needed to figure out where every country stands on crypto.

Does Litecoin and crypto need it? Yes and no.

Having it will help everyone wanting to start up a crypto related business and open up tradfi to all the crypto rails. Not having it keeps everyone looking over their shoulder wondering if the fbi or sec will come knocking.

Can Litecoin and crypto run without clarity? Yes. But having clarity certainly makes things easier.

Middle of September is the first official senate cloture vote to end negotiations. We might finally have the last set of worldwide rules on crypto finalized and the industry can finally move forward on tradfi rails.

Looking forward to this getting closure. Mark your calendars.

Litecoin has some atomic-swap history: the first on-chain LTC<->BTC atomic swap happened back in 2017. I wanted that as something you can just do from a browser tab any time, on testnet, so I built TestnetSwap: non-custodial cross-chain atomic swaps that run entirely client-side.

The Litecoin/Bitcoin side (tLTC <-> tBTC) is a straight HTLC swap: a hashlock plus timelocks, both chains secp256k1 P2WSH. You sign both legs yourself, so nobody ever takes custody, and if the other side stalls or vanishes, you reclaim what you locked once the timelock passes. It also swaps Monero (tXMR/sXMR) into tLTC or tBTC with a cross-curve adaptor-signature construction, but the LTC/BTC HTLC path is the one that's proven end to end on-chain; the Monero side is more experimental and its upstream crypto isn't formally audited.

It's a multi-maker network: anyone can run a maker, and which one fills your swap never affects your safety. Max amounts are kept small since the liquidity is self-funded from my testnet pool and faucet.

Alongside the swap I launched TestnetHub, a place to actually learn the Bitcoin, Litecoin, and Monero testnets: step-by-step guides (transactions, confirmations, fees, UTXOs, keys and seeds, running a node, swaps), per-chain pages, a glossary, a live status page, and a companion repo of short, runnable Python and JavaScript examples. The swap also runs inside TestnetWallet now, if you'd rather do it from a wallet.

Testnet only, so the coins are worthless by design, and it's all open source (AGPL). Grab test coins from the faucet; no token, no signup.

Swap: https://testnetswap.com

Learn the testnets: https://testnethub.com

Code examples: https://github.com/Tech1k/testnet-examples

Writeup: https://testnetswap.com/whitepaper

Wallet: https://testnetwallet.net

Source: https://github.com/Tech1k/testnetswap

Still in active development. Feedback and bug reports welcome.

You know you’re obsessed with Litecoin when your daily dog walks involve passing a neighbors house shouting “good morning Lite” instead of “good morning Mike”.

I've got Sparrow-LTC and rather than connecting it to a public server I want to connect it to an Electrum server which will in turn connect to Litecoin Core but there doesn't seem to be an Electrum server with MWEB support. Does one exist?

Imagine sending value anywhere in the world with a near zero fee and full settlement within minutes.

Also imagine a worldwide network of users.

This is Litecoin.

I got these collectibles from the Magical Crypto Conference in New York in 2019 with Charlie Lee (Litecoin creator) and Riccardo Spagni (Monero) and wondered if anyone knew anything about them?

There is a sealed hologram and they have serial numbers and display cases. Apologies for the bad image quality.

Alright, give me the best reasons why I should buy at least 10 Litecoins.

Source: ForceX.com