Bitcoin Forum

Bitcoin rival?

Not really, but it is poised to become the silver to bitcoins gold.

So how do I get them ???Any links?Client?

https://btc-e.com/

Provide more info please, what are they worth, where can they be purchased, where can you use them etc?  ???

Well from what I understand they're basically a newish clone of Bitcoin except there's more of them and they're a bit easier to get, not many people have adopted them compared to Bitcoins and they're definitely not worth a lot right now. This is the main website for them but right now it's down http://litecoin.org/ beyond that there isn't really that much more to say about Litecoin I don't think but it is a good idea to have more currencies out there to compete, just a question of whether everyone else thinks the same way.

Are there any real competition to bitcoin? Those other currencies seems pretty useless to me.

Right now there is none, for IMO three reasons:

1. Our marked is still way to small to really support more than 1 cryptocurrency

2. No alt currency has yet managed to have any advantage / improvement over Bitcoin.

3. Bitcoin has the network effect. Being the first cryptocurrency.

Its easy to convert Bitcoin to litecoin using btc-e, I think there's room in this world for more than one crypto-coin, litecoin is very cheap at the moment - is it a great speculative investment? That's simple for everyone to research and decide for themselves.

http://i846.photobucket.com/albums/ab22/1973mb1973/fc9c05098885ed9e80379dc0863ee7e1_zpseb14786e.jpg

It´s more focused in CPU and GPU minning , so less energy efficient.

Can I have both clients running @ the same ? .Is the client as easy to use as the btc client?

I think that they complement each other very well, not rivals, I wouldn't be surprised to see LTC ending up as having a value about 10% of BTC's long term

http://forum.litecoin.net//index.php/topic,812.0.html

yes and yes

they use different port numbers

I read somewhere that they'll be 20 million btc out in circulation and no more being produced after that.Does the same go for ltc? Also is that true or false about btc?

BTC will be 21 million, LTC - 84.

Litecoin will be more popular when ASICS for Bitcoin finally come out, many miners will switch to Litecoin.

"Miners switching to litecoin" is different from "litecoin will be more popular"

Very important point here.

found this..http://www.technologyreview.com/news/508061/custom-chips-could-be-the-shovels-in-a-bitcoin-gold-rush/

+1. At worse it'll be a pump and dump where miners mine ltc for btc.

http://www.google.com/trends/explore#q=litecoin&date=today%2012-m&cmpt=q

But in comparison to "bitcoin" it seems to be unimportant.
http://www.google.com/trends/explore#q=litecoin%2C%20bitcoin&date=today%2012-m&cmpt=q

because its newer then bitcoin but i guess there are good chances for ltc. lets give it some time.

LTC transactions are superior towards BTC's. You don't need those long confirmations like BTC do.

i heard one economist say it wont work that way.. but forget his explnation of why he thinks so ^_^

This currencies will go no where

I think ltc is a bubble.
They dont have any real market support, dont offer any new features.
Currently they are used for mining and speculation only, and this will
End sooner or later.

Please prove me wrong.

The last three comments remind me of the BTC-E troll box, really if you have nothing to say then it is best just to say nothing, if you wish to troll then head over to the troll box pse :-\