Litecoin (Bitcoin's brother) is going crazy!!

in #whatislitecoin7 years ago (edited)

I just wanted to tell you a quick update about Litecoin (Bitcoin's younger brother). In the past few days the price has been going crazy reaching an all time high of $51 per Litecoin.Litecoin.png

A.)WHAT IS LITECOIN?

Litecoin was created by Charles Lee, a former employee of Google. It has taken the general idea behind Bitcoin, but changed a few key component:

1.)The block time, is 2.5 minutes versus 10 minutes for Bitcoin.

2.)The mining algorithm which blocks the use of powerful ASIC miners like you have in Bitcoin.

3.)The total number of Litecoins available is 84 million as opposed to Bitcoin’s 21 million.

B.) HOW TO BUY LITECOINS

1.) Get a Litecoin wallet ,Example:- Coinbase , Coinpayments etc.

2.)Go to any exchange and create account on it then by Litecoins through credit/Debit card or paypal. Exchange like :-Polenix , yobit etc.

3.)Withdraw the litecoins to your wallet.
It's that simple.

I think guys you are now quite aware about Litecoins and you know what it is and how to buy it

Thanks guys if you like this post upvote this and follow for more stuff like this.

Your friend
Nikesh vaishnav
Simple earner.

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Litecoin will fly like ethereum in near future

Yes bro thanks for comment keep upvoting i will do same for you

Same here bro

I really want litecoin to win in this cryptocurrency world. Ive been watching it since it was priced at $5 a share. I was actually sleeping on purchasing litecoins when i first got started because I was so focus on the main coin. Now i know to just take advantage of each coin when its in the red because the chances it returning to green are very high. Thanks for this brief look into the world of litecoin. May the universe reflect the energy you desire. peace be with you.

Yes i have also seen it as 0f 4$

So with knowing that litecoin has increased its price and capital in just a few months is good enough evidence that it has the potential to rise more. It's a game of patience when it come to this cryptocurrency grind and full commitment to a long term goal is required when dealing with these cryptocurrencies. Peace be with you brother and thanks for stopping by. ✌🏾✌🏾👍🏾

Thanks bro you are good person please follow me i will follow you i am a new one on steemit.
Thanks.

Good information Nikesh

Thanks friend

litecoin future is bright it will goes up to 400 dollars upto 2020

Nice post to understand litecoin

Yes litecoin will fly like ethereum . but y ethereum is flying to downward . Anybody can explain this?

It's because of people are not buying ETH if more people buy it price will go high.

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