Altcoins Should you invest in Litecoin in 2018 Published 8 months ago on June 8, 2018 By Coinnounce - Coin Announcements Share Tweet Litecoin is a cryptocurrency that emerge after a successful fork of the bitcoin network which occurred when a split of the bitcoin community supported an ‘Improved’ version of the bitcoin software. Litecoin is an open source project just like bitcoin. Litecoin is the cryptocurrency preferred by tech-savvy investors and still remains one of the most secure cryptocurrencies with the most untapped potentials. History of Litecoin and why it’s a relevant cryptocurrency to date Litecoin was lunched on GitHub on October 2011 after a successful fork in the bitcoin network, its founder Charlie lee is a former employee at Google. There are only a few existing major differences between Litecoin and its mother cryptocurrency bitcoin. Some of the difference between the two cryptocurrencies Litecoin and bitcoin include, difference in block generation time, the number of available tokens, GUI and the hashing algorithm. Litecoin has a market cap significantly increased in the year 2013 due to a improved market performance of the cryptocurrency after its value doubled in a period of just 24 hours. Litecoin is one of the most preferred cryptocurrencies for investors and traders around the world. Last year the Litecoin community agreed to adapt SegWit, a new update to the system which increases the transaction block size of the cryptocurrency by separating transaction signatures. Lightning network one of the most vital initiatives aimed at reducing the transaction confirmation time in the bitcoin network was is being developed based on the Litecoin blockchain. A lot of bitcoin enthusiast who find deficiencies with the bitcoin blockchain always migrate to the Litecoin network making the Litecoin community a huge one. There are significant cryptocurrency and blockchain infrastructure devoted to the Litecoin blockchain. There is a high demand for Litecoin on the Dark web! Most cryptocurrencies share a common feature of anonymity making them a prefer currency for transaction in condition where the transacting parties desires to conceal their true identities and remain trustworthy to each other. One of the chief reasons why Litecoin is highly desired in the underground internet space, the dark web is because of its enhance speed. For this matter Litecoin is highly demanded in the underground web which is estimated to host a good percentage of the entire internet population. Since all cryptocurrencies growths depends significantly on their demand, the dark web demand factor makes Litecoin a cryptocurrency to watch in 2018 and the coming years. Very many dark web-based markets moved away from bitcoin due to increased transaction processing fees and confirmation time in the network. The other cryptocurrency which had before succeeded Litecoin was monero but its privacy issues led to a large drop in its usage on the dark web. Litecoin has an upward point price movement Litecoin is not only a champion in transaction processing time but also present a cheaper option for people seeking to send micro transactions to other people. This signifies that Litecoin adoption is on the upward trend so is its price. A good performing cryptocurrency means prices are steadily increasing thus making the cryptocurrency more valuable as time goes on. Litecoin can be securely traded just like any other cryptocurrency, one of the leading platforms in trading and exchanging Litecoin is Blockonix.com. Blockonix is specifically single out in this category because of the low fees, high user ratings and level of security the platform promises. Related Topics:Charlie leeinvest in litecoinLightning networkLitecoinLitecoin adoptionlitecoin in 2018litecoin invest 2018 Up Next What Are Smart Contracts? Guide for Beginners Don't Miss How are Bitcoins generated, a step by step guide Continue Reading You may like Top 10 Cryptocurrencies according to Market Capitalization Litecoin Prediction 2019: Litecoin Halving and Other Updates. Happy Genesis Block Day, Bitcoin getting stronger: BTC to the moon Bitcoin in 2019: Solid reasons for a sharp rise in BTC price. 2019: What’s ahead for Bitcoin, Cryptocurrency and Blockchain? Cryptocurrency Market Crash: Bitcoin Mass Dumping 2 Comments 2 Comments Pingback: First 10 Cryptocurrencies which were launched after Bitcoin. – Cryptocurrencies World News Pingback: First 10 Cryptocurrencies launched after Bitcoin. Here is the list: – Cryptocurrencies World News Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Altcoins Best Tools to track Cryptocurrency Markets: CryptoCompare, CoinMarketApp, CoinGecko Published 5 days ago on January 16, 2019 By Janet F. Sanchez The cryptocurrency market includes the prices and market capitalizations of different Cryptocurrencies like Bitcoin, Ethereum, Stellar and many others. Currently, there are thousands of cryptocurrencies, markets are 16084 and market capitalization is about $124,123,711,224. There are different websites and mobile applications designed to keep the track of cryptocurrency market, we cover the Top 3 of these: CryptoCompare.com Known for its high-end API and real-time tick data, CryptoCompare has been serving the cryptocurrency space from 2014. Founders: Charles Hayter & Vlad Cealicu CryptoCompare shows real-time data for more than 5300 Coins and 240k trading pairs, enough for an entire overview of the market. Users can see live Order books, historical data, reports, social data and reviews on all cryptocurrencies. The website is very easy to use and is free for everyone. CoinGecko.com We love CoinGecko because it focuses on tracking community growth, events hosted by teams and open-source code development apart from the usual price tracking, market capitalization and volume traded. It was also founded in 2014. Founders: TM Lee, Bobby Ong & others CoinGecko’s team is very dynamic and is very active on social media like Twitter, Telegram & Facebook. They cover more than 260 exchanges with live data and have more than 3300 cryptocurrencies. They are free for everyone to use. CoinMarketApp (Mobile Application) When it comes to easily track the live prices and your portfolio on your mobile, CoinMarketApp is the preferred choice for most. With live alerts on more than 1400 Cryptocurrencies, the app saves your time and alerts you on every move. Download on Android Download on iOS Apart from cryptocurrency prices, the app lets you manage your portfolio, mining pools, new contracts and the latest news from the crypto industry. Continue Reading Altcoins Cryptocurrency Market Updates: Bitcoin May fall further Published 2 months ago on November 24, 2018 By Layla Harding The cryptocurrency market is still facing the same bullish trend today, yet again. Bitcoin price recovered a little with trading around $4300 to $4400. Yesterday the price of bitcoin fell up to $4190. Ethereum is still trading at a year and a half low of $125. Apart from ethereum, most altcoins are showing small corrections. Bitcoin Cash moved 3% upwards while Monero has moved 4% upwards in the last 24 hours. Bitcoin Gold and Bitcoin Diamond have had good gains for the day with 8% and 16% rise. IOTA is trading at around $0.32 which shows a 6% improvement from yesterday’s price. NEO is up by 5%. However, the small gains are nothing in front of the massive downtrend these altcoins went through in the past couple of days. Cryptocurrency Market Capitalization Improved The total cryptocurrency market cap yesterday came down up to $136 billion which was the lowest of 2018. In the last 24 hours, cryptocurrency market has managed to add $4 billion in the market capitalization adding to $140 billion. Over the last week, the cryptocurrency market had lost over $40 billion and over the last month, around $70 billion have been erased from the cryptocurrency market capitalization which is yet to be recovered. Bearish predictions for bitcoin While the market cap is trying to recover the price predictions for bitcoin still remain bearish as many cryptocurrency analysts have predicted that the only support after the current significant support of $4000 is at $3000. So if the price drops below $4000, it will definitely reach down to $3000 after which the price is expected to recover. The overall situation of the market is still harsh as there is no major recovery from the massive losses that occurred in the past few days. What do you think about the bitcoin predictions being made by crypto analysts? Tell us in the comments section below. Continue Reading #Bitcoin Bitcoin Cash Hard fork screwed the whole cryptocurrency market Published 2 months ago on November 19, 2018 By Layla Harding The original Bitcoin Cash split into Bitcoin ABC and Bitcoin SV during the hard fork but no one is sure to weather BCHSV or BCHABC will survive in the market as the hash wars still continue. The hard fork has lead to an uncertain future of Bitcoin Cash and also screwed the whole cryptocurrency market. The Price of both the new coins is on a continues decrease where Bitcoin Cash ABC values at around $226 and Bitcoin Cash SV values at around $76. Cryptocurrency Market Crash The whole cryptocurrency market is suffering because of the continues wars going on between the two teams which have created a bad reputation of the crypto space to the newbies. At this time when more and more institutional investors were entering into the cryptocurrency space, the hard fork has created a feeling of Fear, Uncertainty and Doubt amongst them. BTCUSD yearly chart As the hard fork started, the entire cryptocurrency market faced a downfall where all major cryptos are on a 6 month low with bitcoin trading around $5200 that is a yearly low for the most dominant cryptocurrency. The decline is the price has created fear in the minds of investors who are now talking about capitulation. Should Craig Wright be blamed? Craig Wright who claims to be the real Satoshi Nakamoto and the founder of the original bitcoin has been funding his side of the war using BTC. Cryptocurrency enthusiasts around the world are criticizing Craig Wright and also calling him a lier. To all BTC miners… If you switch to mine BCH, we may need to fund this with BTC, if we do, we sell for USD and, well… we think BTC market has no room… it tanks. Think about it. We will sell A Lot! Consider that…. And, have a nice day (BTC to 1000 does not phase me) pic.twitter.com/oUScEahtWc — Dr Craig S Wright (@ProfFaustus) November 14, 2018 Oh. And @JihanWu and @rogerkver selling… they will also have to sell BTC to pay rented hash. If this is a long war… expect 2014 prices in BTC… think what that does… Have a nice day — Dr Craig S Wright (@ProfFaustus) November 14, 2018 The local media’s role The real reason behind the rise of cryptocurrency and blockchain was the mass adoption by people who heard about it through local media. At that time, the local media described bitcoin and other cryptocurrencies as the future of money explaining the decentralized nature of such currencies, but now due to the wars within the cryptocurrency ecosystem, the local media has started to criticize cryptos and people have started to lose faith in the crypto market. If the amount of money being used in such hash wars would have instead been used for the development of the crypto ecosystem with advancements such as lightning network, the market could still be flourishing rather than being on the verge of getting sunk. Continue Reading Advertisement Advertisement Latest Crypto News #Gambling2 hours ago Bitcoin Still Stays Strong: Gamblers Prove #Scam9 hours ago ICOs Keep Failing: How Not to Fall for a Scam #Blockchain1 day ago Top 10 Friendly Countries for Blockchain Startups #Exchange1 day ago Stock Exchange of Thailand moving towards Cryptocurrency #Bitcoin1 day ago Bitcoin and Dark web: Transactions increasing, Values decreasing #Bitcoin2 days ago Trump Government Shutdown: Impact on Bitcoin ETF, Bakkt and Cryptos. #Bitcoin3 days ago Bitcoin Lightning Network Updates 2019: Advancements and Forecast #Bitcoin4 days ago France Yellow Vests Bank Run: Fractional Reserve Banking Fraud, Is Bitcoin The Real Solution? #SilkRoad4 days ago Ross Ulbricht: Silk Road founder shifted to another high security prison #Blockchain4 days ago 2019 Blockchain Adoption: The Next Cryptocurrency Price Catalyst Altcoins5 days ago Best Tools to track Cryptocurrency Markets: CryptoCompare, CoinMarketApp, CoinGecko #Exchange5 days ago Cryptopia cryptocurrency exchange hacked: Millions Stolen #Ethereum5 days ago Ethereum hard fork vulnerability: Constantinople delayed yet again. #Bitcoin5 days ago Is Bitcoin Mining still Profitable? #Bitcoin6 days ago Gold Investing: Top 5 Ways to Invest in Gold and Why you Should do it? Live Crypto Prices BTCUSDAUDCADEURBitcoin(BTC) 3587.16854252Ethereum(ETH) 117.523806856Bitcoin Cash(BCH) 123.377542644EOS(EOS) 2.3780744776Litecoin(LTC) 31.1746766613TRON(TRX) 0.0250761863Cardano(ADA) 0.0431897944Dash(DASH) 70.0641206522NEM(XEM) 0.0558155417 Trending #Bitcoin4 months ago Bitcoin BTC ETF 101, October 2018 #Bitcoin4 months ago Bitcoin ETF: Latest updates and all you need to know Adoption4 months ago SWIFT will use XRapid to process payments using XRP. Here is the proof #Blockchain5 months ago What is DigixDAO coin? Trade DigixDAO on Blockonix Exchange. #Blockchain6 months ago What is Aeternity Token and its future? Fully Explained. #Blockchain5 months ago What is Mithril coin? Trade MITH on Blockonix exchange. #Blockchain6 months ago What is Maker Token? Fully Explained. Is MKR overpriced? #Blockchain6 months ago Ethereum vs EOS: Which one is the Vanquisher?