The Litecoin Timeline – Why Now’s a Good Time to BuysteemCreated with Sketch.

in #litecoin7 years ago

Six days I said it’s time to buy Litecoin, price $41.05. Now it’s $50.20. But it’s still too not late to buy.

Check out below the recent time line on Litecoin. It’s left me convinced it belongs in your crypto portfolio.

4/2/17 – SegWit signaling support reaches 59% for Litecoin

4/4/17 – Top 6 Litecoin mining pools signal SegWit support; support at 58% of 75% needed

4/4/17 – The Litecoin Foundation successfully incorporates in Singapore as a non-profit organization. Charlie Lee is full time managing director along with developer Xinxi Wang and designer Franklyn Richards. Litecoin Association is a separate entity

4/5/17 – Charlie Lee says LTC price will reach $14 on SegWit activation

4/7/17 – LTC prices falls 20% after tweet from F2Pool co-owner Wang Chun expresses doubts about SegWit. F2Pool the largest LTC miner

4/7/17 – Trezor announces LTC compatibility

4/9/17 – Litecoin working with OpenBazaar for payments

4/10/17 – LTC falls another 20% after doubts about Antpool and BW signaling support for SegWit emerges; support at 63%

4/11/17 – Eshminer developing its own mining architecture for Litecoin

4/11/17 – Coinbase to support [LTC] https://themerkle.com/coinbase-to-support-litecoin-and-how-it-can-change-bitcoins-path/)

4/12/17 – Charlie Lee announces 75% SegWit signaling threshold reached

4/12/17 – BW.com mines first LTC SegWit block

4/19/17 – Antpool accused on increasing LTC hash rate to block activation of SegWit

4/21/17 – 8 hour miner meeting leads to Litecoin scaling agreement

4/22/17 – Every major Litecoin mining pool signals support of SegWit

4/24/17 – LTC tops $14 as SegWit activation becomes apparent

4/26/17 – SegWit activated on Litecoin

5/2/17 – Will LTC be the first blockchain with Lightning?

5/4/17 – SegWit activation and Coinbase addition lead to surge in LTC volume

5/4/17 – LTC market cap exceeds $1 billion

5/7/17 – LTC added to largest S. Korean exchange Bithumb, price reaches $30

5/10/17 – SegWit officially activated after being locked-in for two weeks

5/12/17 – Blockstream sends first LTC lightning microtransaction; LTC price stabilizes at $32

5/15/17 – LTC price drops 10% after SegWit activation

5/17/17 – Charlie Lee advocates Lightning network for LTC

5/18/17 – Major European retailer Alza to accept BTC, may soon add ETH and LTC

5/19/17 – LTC announces 2017 roadmap

5/20/17 – Yours network drops BTC for LTC

5/25/17 – Bitstamp adds LTC trading

5/28/17 – Backpage pushes LTC adoption with 10% deposit bonus

5/31/17 – GDAX adds EURO trading for LTC

6/1/17 – LTC gets a full-time developer

6/2/17 – Nicehash mining pool may add LTC payment option

6/8/17 – Litecoin exchange platform under DDoS attack

6/8/17 – F2Pool controls 51% of LTC hashrate; Charlie talking to Wang Chun

6/11/17 – Charlie Lee calls it quits at Coinbase to go full time at Litecoin

6/11/17 – F2Pool controls 54.2% of LTC hashrate

6/14/17 – Litecoin Foundation reports no issues since SegWit activation

6/15/17 – Coinsen, a Litecoin-only marketplace, opens to the public

6/17/17 – F2Pool LTC hashrate grows to 57%

6/18/17 – Bcoin developers introduce LCoin for Litecoin – helps wallets and exchanges

6/19/17 – LTC hits ATH of $50

6/20/17 – BTC ATM provider Athena Bitcoin to add LTC to ATMs

6/22/17 - LTC sees increased development support; MIT working on LTC project to be revealed 8/1

6/22/17 – Petition for Amazon to accept BTC and LTC payments

6/23/17 – BitGo working on security solutions for Litecoin ecosystem

6/26/17 – OMNI announces it will issue a USDT token on the Litecoin network

6/28/17 – Two NY preschools accept BTC, ETH, and LTC for tuition payments

6/28/17 – ViaBTC exchange platform adds LTC

6/29/17 - Why Yours moved from BTC to LTC

7/2/17 - BTCC, one of China’s largest exchanges, launches a LTC mining pool on July 2. BTCC is run by Bobby Lee, Charlie’s brother

7/5/17 – LTC reaches an all-time high of $56

7/6/17 – Euro trading platform Libertex adds BTC and LTC contracts

Holy Litecoin it’s going to be a good summer!!!


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Lightcoin for me is like this...

How much for one rib?

Great post! I The time line and progress history is interesting and seems to be moving like a rocket now.

To the moon!

I hear LITECOIN has a bright period ahead but could have a fall off in winter. Might see it reach 3 digits so that would make it over $100. So buckle up we're off to the moon.

LiteCoin
The data sets have conflicting memes affecting the LiteCoin trading action over the next few months. These themes are forecast to play out as 'test bed (for Bitcoin)', and 'fading', or also defined as 'without luster'. The former is indicated to bring pops in the price as the general CryptoSpace environment is also rising, and the latter is the general trend of slight rises, or mostly subdued in spite of the 'exuberance' in other crypto currencies.
The 'flat' aspect of Litecoin emotional appeal aside, the price per coin is indicated to climb over Summer, and, later in Fall (northern hemisphere), reach a point described as 'ignition'. Please note that this is within a context in our data of 'hyperbolic debt based currencies creation', also known as 'hyper inflation'. These sets have support, in Fall, for Litecoin rising dramatically as 'bursts' of 'debt currencies creation' hits the 'financial system'.
Litecoin is still showing as receiving a burst of favorable attention in late June that will support prices through the next leg up in the capitalization inflows into cryptospace. These sets have Litecoin being one of those coins which is indicated to be 'regular like clockwork', as well as 'persistently challenging' the 'double digit daily percentage gains'. No numbers present themselves in our data for Litecoin.
Many new shorter term sets, as well as longer term sets have positive ratio on emotional tone values with a few of the prime attributes hovering in the same range as ETH.

SatoshiLite Charlie Lee tweeted @ 12 Apr 2017 - 15:56 UTC

We have reached 75% SegWit signaling in the last 24hrs!

Activation period 6 starts in 2 days. We then need >=75% f… twitter.com/i/web/status/8…

TREZOR TREZOR tweeted @ 07 Apr 2017 - 13:19 UTC

Ready for Litecoin $LTC in #TREZOR Wallet? Wanna try it out first? Easy! Follow the short instructions below 😉 twitter.com/pavolrusnak/st…

Disclaimer: I am just a bot trying to be helpful.

good informations

Oops. New phone. Again. Good post! Litecoin is awesome. It's an easy step after Bitcoin for new peeps like me cause it's the silver to Bitcoin gold.

I added this to my HODLer list a couple weeks ago. Part of the reason is defensive - in case BTC has issues over the next three weeks.

But I like the fact that it's being used in the wild now.

Litecoin is looking like it might be getting ready to break out. So I'm holding my litecoins.

Yep me too

Good information man!!! I'll start mining litecoin

Nice article. Thanks for bringing this to my attention. Buy low, sell high, it seems so simple but most investors still don't seem to get it :-) Besides coinmarketcap.com there is: https://www.coincheckup.com The site is my go to place for crypto investment analaysis and indepth coin research. For example: https://www.coincheckup.com/coins/Litecoin#analysis For a complete Litecoin Research report.