Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: jubalix on April 02, 2013, 12:39:16 AM



Title: LTC BTC tipping point
Post by: jubalix on April 02, 2013, 12:39:16 AM
The fact that LTC > 200% profit than BTC is going to suck the mining base of GPU's out of BTC really really fast....

This maybe the tipping point when LTC become gold and BTC is silver

http://www.BTCFPGA.com


Title: Re: LTC BTC tipping point
Post by: Barnacle_Ed on April 02, 2013, 12:51:17 AM
By design, there will be 4 times more Litecoins generated than Bitcoins. So the perfect balance point for LTC in an ideal world is 1/4 the value of BTC. Anything beyond that is, frankly, just hype.



Not that I'm complaining about today's rally. Ed likes free money!


Title: Re: LTC BTC tipping point
Post by: jubalix on April 02, 2013, 01:11:34 AM
By design, there will be 4 times more Litecoins generated than Bitcoins. So the perfect balance point for LTC in an ideal world is 1/4 the value of BTC. Anything beyond that is, frankly, just hype.



Not that I'm complaining about today's rally. Ed likes free money!

I agree with you, excepting as to the user base potential of LTC is much greater eg more distributed mining and 4 x transaction time speed


Title: Re: LTC BTC tipping point
Post by: allthingsluxury on April 02, 2013, 01:12:33 AM
We shall just have to see. The free market will decide it's value in time to come.