Lettercoin related information

1. Lightcoin, foreign name is litecoin, referred to as LTC. In fact, this is another kind of virtual digital currency after the emergence of bitcoin. Lightcoin is a kind of "peer-to-peer" internet currency, which can help users pay to anyone in the world

in technology, lightcoin has almost the same implementation principle as bitcoin. It is based on an open source encryption protocol in the process of creation and transfer. Like bitcoin, lightcoin is also not managed by the central authorities

as we all know, bitcoin is proced through mining machine. The Leyte coin is also proced by "mining". In the whole mining process of Leyte coin, the computer graphics card will carry out the relevant hash operation. When our "miner" calculates the "burst value", you can get 50 Leyte coins. However, with the continuous growth of the computing power of Wright coin, it is not possible to use a few "mining machines" to dig Wright coin. Therefore, it can only be added to the "ore pool", so that all the calculation power can be collected, and the "ore burst value" can be calculated more easily

the expected total number of online currencies for lightcoin is 84 million, which is four times the amount of online currencies issued by bitcoin. We can use Leyte currency to exchange legal currency and bitcoin. In general, it is through online trading platform. Since the transaction of Leyte coin is irreversible, the revocable transaction cannot be carried out, because it will bring the risk of refund.

2. Since lightcoin was halved, the miners graally left the bad lightcoin, resulting in the price falling for several days. Fortunately, lightcoin investment is not just bullish like stocks, but has more options to be bearish. Therefore, even if the lightcoin price falls, investors can make profits by buying or selling through the realm kingdom.

3. This kind of platform is not recommended. First of all, it will only lose money if it doesn't make money, and there is no legal protection after losing money.
okex is an illegal digital currency exchange and has no domestic access qualification. The platform has repeatedly broken down, inserted pins, rolled back and other market manipulation behaviors, causing countless investors to suffer the disaster. And the platform turns a blind eye to the victims, more like enemies. At present, the victims are still on the road to the whole. I hope you stay away from the currency circle and the exchange
bitcoin and some other digital currencies are prohibited from trading in China, so don't be cheated. Buying assets without legal protection
in China, the regulations on the administration of RMB prohibit the proction and sale of token tickets. Because there is no clear judicial interpretation of the definition of token ticket, if bitcoin is included in the "token ticket", the legal prospect of bitcoin in China will face uncertainty
on December 5, 2013, notice of the Ministry of instry and information technology of the people's Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing bitcoin risks: bitcoin is a specific virtual commodity; Bitcoin trading is a kind of commodity trading on the Internet. Ordinary people have the freedom to participate in it at their own risk
on September 4, 2017, notice of the people's Bank of China Central Network Information Office, Ministry of instry and information technology, State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing the risk of token issuance financing: it is prohibited to engage in token issuance financing activities (ICO); The trading platform shall not engage in the exchange business between legal tender and token, or virtual currency, or buy or sell token or virtual currency as a central counter party, or provide pricing, information intermediary and other services for token or virtual currency.

4.

After a month long correction, the price of Leyte currency has directly dropped by about 50%. Fortunately, the currency has finally stopped the downward trend. Nevertheless, it is still hard to say whether this currency and other competitive currencies will start to rise or continue to decline in the next few weeks, and whether it is possible to break the rock bottom price

on the 1-hour table of Leyte to bitcoin, we can see more clearly that the recent breakthrough occurred near 0.083cong, and then brought a rapid rise of 15%. On the Maxx momentum indicator, the green bar chart clearly shows that the buying momentum has turned upward. The 50 day moving average is now touching the 0.088 Cong control point, which may bring the price back to this range in the short term

in the past 48 hours, the competitive currencies in the whole market showed some urgent rising momentum after continuously breaking the low point

the bank has analyzed for a long time, and it is very important to monitor the correlation between the price trend of lightcoin and bitcoin. The relationship is particularly useful when trying to measure market traffic and whether a competitor is really worth trading. Generally speaking, when bitcoin moves rapidly in any direction, whether upward or downward, it is difficult for competitive currencies to stabilize, because their volatility is far less than that of bitcoin. Therefore, when bitcoin consolidates and develops horizontally, it is the best way for competitive currencies to move higher

this article is for reference only

to learn more about blockchain and currency market information, you can pay attention to microblog @ blockchain coin sea, or go to the website: coin sea departure https://www.bihai123.com.cn/news

5. It's only the end of August now, and there will be several days in September. The market of Leyte currency in September can only be predicted, and the prediction is generally not very accurate

looking at the past performance of Leyte coin, if there is no major good news or the entry of related MLM funds, the market of Leyte coin in September will be very stable. Of course, if there is a large-scale hot money into, will also pull up the price of Leyte coin. But it's only a short time. If there is a big village or a big miner selling, the price of Leyte coin will also drop significantly.

6. Look at the information and trend on ltcside. Okcoin and fire coin can be traded on ltcside

7. There is no issue price like bitcoin in lightcoin, which is different from other counterfeit coins

like bitcoin, lightcoin may be worthless when it was first born. The first transaction of bitcoin was more than 20000 bitcoins in exchange for a pizza. It sounds like a joke now, but it was not a joke at that time

the price of bitcoin once rose to 8000 yuan last year, and the price of lightcoin also rose to 300 yuan. Other counterfeit coins also caught fire. However, bitcoin is ing concepts, and its application infrastructure can not support such a high market value. A central bank order, bitcoin and other virtual currencies plummeted in an instant. Wright coin also fell from more than 300 yuan at the end of last year to about 18 yuan now

but the funny thing is that some MLM currencies have nothing to do with bitcoin, and they all cheat under the guise of cryptocurrency, among which the subscription currency fraud is the most prominent. Hope that the majority of netizens to be vigilant, in order to prevent being cheated. Bitcoin home has related reports of virtual currency fraud.

8. At present, one view of lightcoin is that it will eventually survive and become an auxiliary currency other than bitcoin. There is a famous slogan on the official website of lightcoin: "bitcoin is gold, lightcoin is silver." Another point of view demonstrates that Leyte coin and other counterfeit coins can not succeed from a logical point of view: if the counterfeit coin succeeds, there will be more counterfeit coins, and the proliferation of counterfeit coins will lead to the collapse of value, and people finally find that bitcoin is the best way to maintain its value; If Shanzhai coin is not successful, there will be no imitators, and the failed Shanzhai coin will eventually disappear. The author tends to think that cryptography currency will eventually become an important member of the world's mainstream currency, and bitcoin is not necessarily the only one, just like the coexistence of US dollar, euro, yen and RMB in real life. There will not be only one kind of cryptocurrency, but there will not be innumerable kinds in the world. In the end, only bitcoin and the other 2-3 counterfeit currencies will survive. In fact, the key to the survival of an open source currency is the public's confidence in it, which comes from its long-term and stable use. In the two years since the invention of Leyte coin, public confidence in it has been graally established. Whether this confidence can be maintained or not, there are still many unstable factors. One of them is that lightcoin is more vulnerable to 51% attacks than bitcoin. Previously, FTC (feather coin), which uses the same algorithm as Wright coin, has been attacked by 51% and led to the collapse of public confidence. In fact, FTC is graally withdrawing from the stage of history. Whether it can resist 51% attacks and survive is a problem that lightcoin must solve. As for whether Leyte can replace bitcoin, we should go a step further: is there a counterfeit coin that can eventually replace bitcoin? The answer is simple: No. In the future, there will probably be a variety of cryptography currencies in the world, but any kind of counterfeit currency can not replace the mainstream position of bitcoin, no matter how excellent its algorithm is compared with bitcoin. We have to admit that bitcoin is not perfect compared with many counterfeit currencies. Its confirmation time is as long as 10 minutes, which is really time-consuming for transactions; 51% attack the sword of Damocles, which is always hanging overhead; From the perspective of environmental protection, the energy consumed by mining is almost wasted. Therefore, many new counterfeit currencies claim that their advantage lies in making up for the defects of bitcoin. But some of the flaws in bitcoin itself are not real. In other words, these defects are deliberately preserved by its inventors after weighing the pros and cons. For example, the 51% attack is rooted in the distributed mining characteristics of bitcoin, a P2P currency. While ripple's XRP currency doesn't need to worry about 51% attacks, and it doesn't need to spend a lot of energy on mining. However, its mode of relying on trust gateway for transaction and centralized currency issuance means that it is very easy to be controlled by government agencies. In addition, even if the design of some counterfeit coins is more ingenious, we should also understand the fact that no matter how excellent the indicators of a proct are, it can not guarantee that it can beat its competitors and achieve success.

9. Domestic bitcoin baby, hengchi created by a financial channel host, is a Laite coin mine. You can try it. You can consult customer service if you don't understand. Also, it's not cost-effective to dig Wright's coin now. Lightcoin has been stinked by miner. Now the computing power of Leyte coin is also very high. If you just dig with your computer, it's OK. It's hard to dig. You can only smash the electricity bill. It is suggested that you go to bitcoin home to see the latest news and learn some basic mining principles. The difficulty of mining increases and you should decide whether to mine or not.

10. There are three ways to choose:

1. Direct buying and selling, relying on the market and price difference to earn income, has greater risk and consumes more time and energy

2. To become a miner, you can get the Laite coin at the cost price, and then sell it in the market. But now the cost of the miner is too high, and there is a lot of investment in the early stage

3. The income of Laite coin will be less than the first two, but it is better than stability and safety. It means the same as the bank's Fund. At present, the popular financial supermarket on the market are AEX, coin an Bao and OK Yu coin Bao. The financial supermarket on AEX has the debt transfer function that other platforms don't have, and they invest on it, Your money is more flexible

indivials are inclined to the third.