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Founder of Litecoin, Charlie Lee, tweeted Friday that he will no longer be working for Coinbase.He is leaving the company to focus on his brainchild creation, Litecoin.This news comes as a welcome surprise to the Litecoin community, who are entering into a new stage of maturation, as they recently elected to activate segregated witness.Also read: Enigma Project Announces ‘Catalyst’ a Decentralized Hedge Fund Platform Lee’s tweet read short, but optimistic.He said, “today is my last day at @coinbase!I will miss working with you all.I am going to shift my focus to Litecoin now.For the most part, this maneuver was unexpected.However, it did end up being a timely consideration for the founder, as the Litecoin ecosystem will be looking to grow and change in the interest of every participant involved.Today’s my last day at @coinbase!I will miss working with you all.I’m going to shift my focus to Litecoin now.😁 /Ys9dZwtTFO — Charlie Lee (@SatoshiLite) June 10, 2017 Litecoin and Lee: To the Moon?
Since the Litecoin ecosystem is yearning for growth and the ability to be more competitive with other cryptocurrencies, Lee’s entrance back onto the scene is an extraordinary event.It is perfect timing.This is especially true since Segwit use is currently being tested.The community may need strong and viable leadership to navigate any troubled waters while the sky clears and the horizon shifts back into focus. covered the ecosystem’s recent move to activate segregated witness, saying, “The Litecoin community recently formed a round table consensus for activation of the Segwit protocol.Most agreed that turning on Segwit is the correct course of action for maintenance and short-term scalability of Litecoin.” With this happening, everyone in the community will likely look to Lee for guidance and wisdom.It will be interesting to see where Litecoin goes from here.Could it really be to the moon?What do you think about Lee leaving Coinbase?Will this bring further improvements to the Litecoin ecosystem?
Let us know in the comments below. Need to calculate your bitcoin holdings?Check our tools section. Check Also Emercoin, a digital currency and blockchain service platform for business and personal applications announced the launch ...LTC/BTC - Litecoin / Bitcoin 10-days charts and orderbook from Coinbase Last Price: 0.0062700 BTC Last Price on best market: 0.0165000 BTC Profit / Loss 24h: -3.12 % Volume 24h: 0.0000000 mBTC Volume 24h on all markets: 6,025.010 BTC Period chart Hide price spikes: - 0 + Area Chart Candlestick Chart Median PriceVolumeEMA20 Chart Options: Poloniex Bittrex Bitfinex BTC-e hitbtc Livecoin Bitcoin Indonesia Cryptopia Bitcoin Exchange Thailand YoBit C-Cex Bter The Rock Trading UseCryptos Allcoin Bitok Coinnext Cryptsy Prelude Bit2c The Bitcoin Exchange Of Israel BTC38 Coinbroker Cryptonit Justcoin ANXPRO CEX.IO Comkort EXMO mcxNOW CoinEX CryptoX LiteTree BanxIO Coinbase Cryptoine Vircurex AllCrypt Bitspark CCEDK Coins-e emeBTC MasterXchange SWISSCEX Coined Up Kraken AskCoin Bleutrade Coin-Swap Crypto-Trade FXBTC Mintpal All time 1 year YTD (Year to date) 6 months 3 months 1 month 10 days 5 days 2 days today Orderbook Impress / Contact / Disclaimer - API Status - BitcoinTalk Thread - LitecoinTalk Thread Feedback Give me your ideas!
Do you have any feedback or suggestions for improving the website and the usability?Please write me an email toСоздатель Litecoin Чарли Ли покинет пост технического директора крупной криптовалютой платформы Coinbase, чтобы полностью сосредоточить силы на развитии собственного проекта.
ethereum address generatorОб этом он сообщил в твиттере: Today’s my last day at @coinbase!
ethereum record high😁 /Ys9dZwtTFO — Charlie Lee (@SatoshiLite) 10 июня 2017 г.
bitcoin cnn en espanol“Сегодня мой последний день в Coinbase!
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Coinbase adds support for Litecoin Go to this article Coinbase is adding support for Litecoin.This is part of our shift to supporting more types of digital assets over the coming year. or tap on “Buy” or “Sell” options in our iOS or Android apps.Share this:Like this: « Bitcoin Report homeResidents of Singapore can purchase Bitcoin and Ethereum easily on Coinbase using three payment options – credit card, debit card, or bank transfer.If you want to learn more how you can buy Litecoin in Singapore, read on and find out more.Coinbase has become one of the first platforms to offer not only Bitcoin but Ethereum and Litecoin trading in the country.Like others in the Asian region, the exchange aims to attract an international customer base by offering additional Bitcoin services beyond trading.Just like Ether and Bitcoin, you can now buy Litecoin via bank transfer, credit card, and debit card.Once your Coinbase account is verified, you will be given the account information that will be used to make a bank transfer deposit.
This is done through Xfers Transfers.To start with, sign up a Coinbase account for free here.Upon verifying your account and phone number, deposit money through Xfer by adding “Payment Method” and choose “Bank Account”.Next, to transfer money from your bank account to Xfers, login to your bank and choose FAST transfer.When putting down the details of the transfer, REMEMBER to write your phone number in “Comments for Recipient”, else, you will into trouble.When you notice your money is not transferred to Xfer within 15minutes, remember to send your transfer receipt to Coinbase or Xfers.I usually use this method as it is one of the fastest ways to buy and sell cryptocurrencies as it normally takes a few minutes and that there are no deposit fees.Once you deposit Coinbase charges 1.49% to purchase coins.If you are buying with a credit card or debit card, there is also a required identity verification.Fees for buying with a credit card or debit card are 3.99%.Whether you buy Litecoin, Bitcoin or Ethereum, the same rates apply to these two methods.
If you purchase more than $100 USD (~136.24 SGD) worth of bitcoins through this link then you get $10 USD (13.62 SGD) worth of Bitcoin for free!Other than the abovementioned direct buy and sell feature, Coinbase also offers a clear layout with order books.There are multiple trading-oriented reports with trend indicators for each pair, plus volumes, lowest/highest market prices and trade history.Access to the trading API is also available.Coinbase is often recommended to newcomers as one of the easiest ways to acquire their first bitcoins.The company has invested a lot of time and money into making their user experience smooth and painless.Their extensive banking partnerships allow transactions to be made via EFT payment, ACH / SWIFT / SEPA transfer and, as a recent introduction, major credit and debit cards.Coinbase keeps only 2-3% of customer funds in ‘hot wallets’ and the rest exist in offline cold storage.Deposits are automated but withdrawals are processed by human operators as an additional check.
Coinbase was first to receive US regulatory approval.As a result, Coinbase has AML (Anti-Money Laundering) and KYC (Know Your Customer) practices much like any bank.You’ll have to provide a lot of personally-identifying information if you wish to avail yourself of Coinbase’s service.Coinbase is also a member of the Blockchain Alliance, which aims to combat the use of Bitcoin for illegal (or unlicensed) purposes.As such blacklisting measures degrade Bitcoin’s fungibility – an important property of sound money – Coinbase’s policies are a matter of legitimate grievance to Bitcoin holders.It’s an admitted simplification to say that Coinbase isn’t for Bitcoiners but instead for cryptocurrency newcomers, Ethereum enthusiasts, venture capitalists and those with an abiding sentimental attachment to the reassuringly blue corporate color schemes and wealth-peacocking of traditional banks.A lot of people feel more comfortable entrusting their money to a service which makes Bitcoin appear more conventional and familiar.
If you’re wary of leaving substantial sums of fiat or crypto on an exchange, Coinbase is probably one of the more secure options, although a thorough audit is the only way to prove that for a fact.IMPORTANT UPDATE: At the moment, Xfers is temporarily not able to accept payments via their bank account.Please do not make any transfer to Coinbase through Xfer’s bank account.You may still spend your existing Xfers balance on Coinbase or withdraw it to your bank account.Since Xfers is currently not working, you can still purchase Litecoin through Shapeshift, Poloniex, Bittrex, Bitfinex, and Bitsquare.For those who reside in Singapore, you can buy Litecoin with Bitcoin.Bitcoin is the first coin that most people buy so it’s hard for a different crypto to overtake the value.To do that, register an account with Coinhako.It is a Bitcoin wallet and exchange based in Singapore and it is one of the most user-friendly platforms for both residents of Malaysia and Singapore to buy and sell Bitcoin.
Coinhako was founded in 2014, and it started as the Bitcoin platform allowing people in Singapore to convert fiat currency into Bitcoin instantly and vice versa.CoinHako received a “six-figure” personal investment from The Boost venture capitalist when it launched.The startup was also a participant from “Tribe 4” of Boost VC’s accelerator program.With the increasing use and recognition of crypto-currency along with backed regulations, the funded fintech is eyeing for more market share in Singapore and ASEAN, CoinHako offers the first insured Asian Bitcoin Exchange in Southeast Asia starting in 2015.Quite similarly to Coinbase, what I like about Coinhako is their user-friendly interface that aims to make it easy for first-time buyers to purchase Bitcoin.First, create a wallet with your name and email address on Coinhako homepage.Check your email and activate your account by clicking the activation link.Then you will be seeing the dashboard looks like the following screenshot.
CoinHako, in practice, functions much the same as CoinBase does for American customers, allowing people in Singapore and Malaysia to convert fiat currency instantly to Ethereum, and vice versa.Since Xfers is currently not working, Go for Interbank Transfer under “Deposit SGD” This is the most straightforward way to transfer money.It works exactly the same as transferring money to your family and friends through online banking system.Interbank Transfer is the most straightforward way to transfer money.However, the process will take one (1) business day.With the money in your wallet, you can now purchase Bitcoin.Let’s assume you have an account on Poloniex.Now, send Bitcoin from Coinhako to Poloniex exchange.Begin by creating an account at Poloniex, which basically just means giving them your name and email.They don’t touch government currency (unlike Coinhako, for example) so their registration process is much more relaxed.Then go to Poloniex “Balances, Deposits & Withdrawals” from the “Account” button on the top right menu.
Then click “Deposit” from BTC to get your BTC address.Now paste the Bitcoin deposit address you got from Poloniex into the “Bitcoin Address” box and type in the amount of Bitcoin you want to send.Just one click and your funds should be on their way to Poloniex.It will take a bit of time, perhaps 15 minutes or more, for your Bitcoin transfer to complete.Now that your Poloniex account is set up and you’ve transferred some Bitcoin over, it’s time to actually get some Litecoin!To do this, go to Poloniex’s BTC-LTC exchange.Here you’ll be greeted with a historical graph of Litecoin’s changing price.To trade your Bitcoin (BTC) for LTC (XMR): You just exchanged Bitcoin for LTC.Be aware that there often isn’t much Litecoin for sale at the very lowest price, so you may need to repeat steps 1-3 a few times until all your Bitcoin is exchanged.As ever, those who got in early become seriously rich.Six years ago, one Bitcoin cost around one dollar.Today, it trades more than $1,000.
This means that somebody who invested just $1,000 in February 2011 is now a dollar millionaire.Bitcoin hasn’t risen in a straight line — it plunged after the collapse of online exchange Mt Gox in 2013 and then again last August, after 120,000 Bitcoins worth $78m were stolen from Hong Kong-based Bitfinex.Bitcoin’s vulnerability is on the exchanges, rather than the currency itself.If yours is hacked, the chances of compensation are slim.Seeing Bitcoin price is so high now, you should probably take the early move and invest now while it is still low.I got lucky with my investment so far, I started paying attention to this so-called Cryptocurrency 2.0 from last year and make a huge purchase of 550 Ethereum ($5,500) early this year in January at the price of $10.At the time of writing, the price has since shot up to $100 and it will continue to climb.The screenshot below shows the total value of BTC, and ETC as per April 2017.There are several factors behind this price hike.One of the main reasons was Ethereum has been marketed to various potential corporate and government partners are a way of generating revenue through its integration of blockchain technology.
Some highly publicized partnership are JPMorgan Chase, Cisco Systems, Inc, Bank of New York Mellon Corp, Microsoft, and other 30 big brands to create a partnership know as the Enterprise Ethereum Alliance (EEA).Hence, if you are looking into another opportunity after Bitcoin to start your investment, Ethereum is probably the best choice for you.Should you actually buy Litecoin for investment?Litecoin is the first cryptocurrency made after bitcoin.It uses a different crypto algorithm scrypt instead of Bitcoin’s SHA256.In coin market cap, it was the second in capitalization but now it has fallen in the fourth place.Ethereum climbed to the second place as Ripple took position 3.This shows that interest is moving to smart contracts and other goodies the 2nd and the 3rd in capitalization coins offer.The Litecoin network has for a long time missed to set up merchant account solutions for shops so people can actually buy something with it.Since many months they struggle to catch up with Bitcoins.