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Messages - Manna

Pages: [1] 2 3 ... 17
1
Litecoin Forum / Re: I like litecoin!
« on: August 17, 2024, 10:55:32 AM »
Whenever I buy crypto with my credit card, I usually buy litecoin from coinbase, which I will then send to an exchange like Binance or Crypto.com.
The low gas fee kind of attracts me.
Which is why I like litecoin!
Litecoin is known for really low gas fees and fast transactions, which can be an excellent option for users like you.  Sending to Binance or Crypto.com after buying from Coinbase is also a good idea, as it gives you the flexibility to trade on different exchanges.

2
Cryptocurrency Price Speculations / Re: Perfect time to buy Litecoin
« on: August 17, 2024, 10:41:20 AM »
Your analysis is correct, especially if you think that the value of Litecoin will increase in the future.  Some basic aspects to consider:

 1. Market Analysis: Analyze Litecoin's current position and momentum picture.

 2. Blockchain Technology: Assess Litecoin's technological development and expansion plans.

 3. Market Trends: Understand the impact of Bitcoin and other major cryptocurrencies.

 If you believe that Litecoin will increase in value in the future, investing now and taking a long-term view may be a good decision.  It is always important to do good research before making any investment.

3
Litecoin Forum / Re: LTC Vs ADA coin.
« on: August 17, 2024, 10:37:35 AM »
We know that at present time ADA and LTC is the most favorite coin for investors where ADA market cap is $27B+ and LTC market cap is $13B+. But if we see the starting point of LTC which was October 2011 and on the other hand ADA starting point was October 2020. Though they magically started in October but there are 9 years difference and ADA is not in number 4 position and LTC now in number 8 position in CMC market.

So if you go for investment at present time, which one will chosen by you?
When choosing between ADA and LTC for investment nowadays:

 • ADA (Cardano): New technology, research-based development, and long-term growth potential.

 • LTC (Litecoin): Proven technology, established market, and good stability.

 Depending on your investment goals, if you want to see the potential of new technologies, ADA may be better.  However, LTC is a safe choice for stability and established provenance.

4
At this moment all coins of the crypto market have lost their value but dumping and pumping is a common picture of the crypto currency market. If any one has patient and able to wait for long time he / she can gain a good profit in the long run. Now the price of lite coin is $175.31 and is very low . Before few month it was very high and it can be risen up any time. I think it is best time to purchase lite coin . If any one invest in lite coin and can hold long time I think he or she can gain a good profit in future.
Your analysis may be correct.  The price of LTC has dropped a lot in the last few months, and if you believe it will increase in the future, buying now may be a reasonable decision.

 The cryptocurrency market usually fluctuates in price, and as a long-term investor, if you can invest properly and be patient, you can get good profits in the long run.  The value of LTC may rise again, especially if overall market conditions remain positive.  However, any investment involves risk, so you need to plan your investment and manage risk properly.

5
Litecoin Forum / Re: What do you think
« on: August 17, 2024, 10:31:43 AM »
We all know that LTC is also a coin with good potential right. But while others coin where Risijg tremendously LTC where still finding it difficult to keep up. few days back LTC experience a dip from $73.61 to around the price range of $57.71,  but that dip I think it as an opportunity to buy more if you are still holding LTC keep hodl because now is the best time to jump in recently it's price arround the price range of 65.05 so is still a good chance of entring. Because LTC have the potential to hit the price range of one hundred and something Dollar. I know there will be alot of fomo already.

So what do you think?
After the price of LTC dropped from $73.61 to $57.71, and currently trading around $65.05, this could be a really good potential entry opportunity if you believe in LTC for the long term.  The possibility of LTC price reaching $100 may seem realistic, especially if the overall market trend is supportive. If you are positive about LTC and expect its growth in the future, the decision to buy at this price level may be reasonable.  However, it is important to be aware of the risks of market volatility and price changes, and proper risk management should be applied when making investment decisions.

6
Litecoin Forum / Re: MimbleWimble: the privacy upgrade to Litecoin
« on: August 17, 2024, 10:29:00 AM »

The MimbleWimble upgrade was deployed on the LTC network in block 2,257,920 where introduced optional confidential transactions on the LTC network through Extension blocks Confidential transactions through MimbleWimble obfuscate the amount transferred except for the parties involved in the transaction.


Quote
The extension blocks create a side-chain alongside Litecoin regular blocks. They also allow MimbleWimble transactions to be an ‘opt-in’ feature. Litecoin users can decide whether to have their transactions public or private. Both private and public transactions exist simultaneously on Litecoin but are maintained separately.


  • MimbleWimble stealth addresses, starting with the prefix ltcmeb1
  • These addresses conceal the recipient of each transaction by utilizing single-use addresses that are not visible on the blockchain without the corresponding viewing key.
  • Supporting wallets is litecoinCore


Source -----> https://medium.com/omniaprotocol/the-impact-of-litecoins-mimblewimble-privacy-upgrade-d47fe05e12d7





This thread will be to talk about MimbleWimble Privacy Upgrade, all the news related to it and future updates


Useful Links:
https://litecointalk.io/t/mweb-progress-update-thread-2/53072/9
https://litecointalk.io/t/mweb-progress-update-thread/26678/2
https://www.reddit.com/r/litecoin/comments/vr382a/mimblewimble_progress_update_thread_june/
The MimbleWimble upgrade was incorporated into the LTC network at block 2,257,920.  This upgrade introduced confidential transactions using Extension Blocks on the Litecoin (LTC) network.  The MimbleWimble protocol anonymizes the transaction amount, obscuring transaction details to others outside of the parties involved in the transaction.

7
Litecoin Forum / Re: Do you guys think Litecoin is worth buying now?
« on: August 17, 2024, 10:27:15 AM »
Litecoin is a very old altcoins, considering the age of the coin , the price is supposed to be above $2000 but today the price is still $68. This makes me to have different question in my head, the transaction is cheap but why is price low? Have the developer abandoned the project? Does the project need more funding?   Can I invest in the coin and have hope for good ROI in the future?  I need your inputs please.
Litecoin is a very old altcoin, considering the age of the coin, the price was supposed to be above $2000 but today it is still worth $68.   This raises various questions in my mind, why is the transaction cheap but the price is low?   Has the developer abandoned the project?   Does the project need more funding?     Can I invest in currency and expect good ROI in future?    I need your input please.

8
Cardano Forum / Re: Charles has to negotiate for USDT/USDC on Cardano
« on: August 17, 2024, 10:25:03 AM »

i'm no sure what they mean here when they say Charles has to negotiate for USDT and USDC to be in Cardano if he wants the price to go up.  i watch some influencers about this and they are telling what Charles has to do.

my question is what does negotiation mean?  i have my suspicions but too early to say whether it means Charles has to give away billions of Cardano to Tether and Coinbase in exchange for a million USD?
"Negotiations" means getting help from Charles Hoskins to bring stablecoins such as USDT and USDC to Cardano. This is not a direct exchange of money, but a strategic discussion to increase the adoption and use of the Cardano network.

9
Cardano Forum / Re: Best wallet for holding cardano
« on: August 17, 2024, 10:22:28 AM »
The wallet developed by the team, Daedalus is very good. Syncing is a bit long (1-2h) but then you're good to go. You'll be able to store your ADA safely. Moreover, with staking incoming, you'll need to have your ADA in a Daedalus wallet to earn your share so now is a good time to set it up.
It's compatible with Windows, Mac, and Linux (took them a while but it's working for a few months). Here is their website: https://daedaluswallet.io/
Daedalus Wallet is a strong choice, especially if you want to use it for ADA staking.  With its full node feature it fully syncs with the Cardano network and keeps your ADA safe.  Syncing time may take a bit longer, but it is a reliable and secure option. By keeping your ADA in Daedalus Wallet, you can enjoy the benefits of staking, which you mentioned.  Being compatible with Windows, Mac, and Linux also provides a wide usability. Daedalus Wallet Official Site: Daedalus Wallet.

10
Cardano Forum / Re: Is Cardano better than ethereum?
« on: August 17, 2024, 10:17:23 AM »
~
Hold Cardano for 5 years, I think this is too long. Because we never know what will happen in the next 3-5 years.  It could be that the coin we are holding is no longer popular, so the price drops drastically.  I only hold bitcoin for the long term, because bitcoin is the most popular coin.  And it will likely become expensive in the future because supply is limited.
That's the reason why I sold all of my ADA for Bitcoin, and other Layer 2's as well. The development of the team is very long that investors need to wait for a very long time in order for the token's price to at least goes up significantly.

Like what you said, we never know what can happen in the next 5 years, but what we can do is we can buy during the bear market, and we can sell during the bull market. I'm currently holding Bitcoin as well like you do, but aside from it, I'm also holding other altcoins that I believe will perform well and will give me in huge profits during the bull market. I hope all of us will end up making money if the bull run starts. :)
This is a smart move, especially if you think it will take some time for the ADA to increase in value.  By investing in Bitcoin and Layer 2 solutions you can get more short term profit opportunities.  The changing nature of the market and being prepared for the future is important, so it can be beneficial to maintain a good balance between different altcoins and bitcoins.  Best wishes for the upcoming market boom!

11
Cardano Forum / Re: What Made You Believe in Cardano ??
« on: August 17, 2024, 10:14:52 AM »
I see a lot of investors who believe in Cardano coin.
There is also a large community that supports Cardano coins.
But I have a weakness and that I don't know what everyone needs for Cardano coins.
Can you guys share some advice in this thread about Cardano as to my knowledge this Cardano is always in the top 10 of Coinmarketcap rankings.
Some key points about Cardano (ADA) in brief:

 1. Technology: Uses Proof-of-Stake (PoS) consensus, which is energy-efficient and secure.

 2. Research Methodology: Development and system design on scientific basis.

 3. Multi-layer architecture: Manages transactions and smart contracts separately.

 4. Community: Strong and active community.

 5. Market Ranking: Usually in the top 10 of CoinMarketCap.

 These aspects establish Cardano as a powerful and promising platform.

12
Cardano Forum / Re: Worth to invest?
« on: August 17, 2024, 10:11:17 AM »
Hey there!
I am only getting into the topic of cryptos, and right now I am going over altcoins that worth investing in. From what I read so far, I liked Cardano a lot, but what are your general opinions regarding the future of Cardano?
Cardano (ADA) is an interesting project that is praised for its features, such as scalability, security, and stability.  It is a proof-of-stake blockchain backed by research methodology and a strong team.  Some of the main aspects that make Cardano attractive. However, Cardano's future depends on general market conditions, technological developments, and continuous innovation on the part of the team.  It is important that you do proper research and make your investment decisions according to market changes.  Cardano has already made several developments and has many more possibilities in the future, so it can be a valuable investment opportunity if you analyze its development and market trends well.

13
Polygon MATIC Forum / Re: Polygon Matic vs Solana !!
« on: August 17, 2024, 09:39:08 AM »
Based on your comments, it seems there is some difference in the discussion and interest in Polygon (MATIC) and Solana (SOL).  The Polygon forum has less discussions and discussions tending towards Bitcoin, Ethereum, and BNB, which may indicate that the level of community interest in the currency is probably lower. Compared to the Solana sub-forum, the Polygon forum seems a bit quieter.  Solana's exposure and discussion intensity may be higher than Polygon's, which may be due to a few reasons:Market Trends: Solana has recently noticed some major projects and developments that have helped to increase its discussion.Technical Performance: Solana has some new technical developments.  and comes with innovative features, which can increase discussion. Community Activity: Solana community activity and popularity of its projects can be high.

14
Hi dear fellows, Hoping you all are doing great these days.

So i've thought let's collect the community thoughts on the Matic as in my view polygon and ARB are the only perfectly developed L2 ecosystems, I'm expecting Matic to set a new ATH but I'm a little confused with my speculation because the L2's are not performing well these days even the ETH itself is under pressure, always to set an optimistic range for new ATH is to have a general comments from the entire community.

If possible give a price range in which you think Matic can stand.
As per your comments, the thoughts you have about the performance of Polygon (MATIC) and other L2 ecosystems are relevant to many.  Although L2 solutions and ETH currently face some challenges, Polygon is gaining a strong technical base and community support.

 The likelihood of MATIC making a new ATH depends on a few key factors:

 1. Market Conditions: Overall crypto market conditions and the performance of ETH can affect the price of MATIC.

 2. Technical Development: Polygon's new updates and

 Support of projects, especially in NFT and DeFi fields.

 3. Loyalty and User Growth: Growing Polygon's community and user base.

 It is difficult to specify an exact price range, as it depends on various market conditions.  However, some analysts may value Polygon between $1.50-$2.50, if the overall market remains positive and Polygon can successfully continue its technological development and projects.

 Based on your thoughts and opinions, always remember that predictions in the crypto market can be very variable and uncertain.  It is always better to get an overall picture based on various sources and analysis to determine the right price.

15
Polygon MATIC Forum / Re: Polygon NFTs
« on: August 17, 2024, 09:34:32 AM »
Polygon (MATIC) is emerging as a popular platform for smart chain NFTs, and its number of users and project volume is also increasing.  Polygon's low-fee transaction fees and fast transaction times make it an attractive option for NFT and other deployments. While Polygon has some significant projects and capabilities in the NFT market, the potential to earn "big money" depends on several factors.  The value of NFTs depends on their creativity, entrepreneurial skills, market demand and community support.

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