Bitcoin Forum

Other => Beginners & Help => Topic started by: bitcoinarnold on April 26, 2013, 02:28:26 AM



Title: Interested in LTC, who else is feeling a coming boom?
Post by: bitcoinarnold on April 26, 2013, 02:28:26 AM
I think LTC is very promising given it's scrypt implementation and distribution of coins. I think if invested wisely there is a lot of promise there.

Thoughts?


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: muddhari1 on April 26, 2013, 03:11:36 AM
MtGox gonna include Litecoin very soon. Read below link for evidence......

https://mtgox.com/pdf/20130424_ddos_statement_and_faq.pdf


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: duhosnyul on April 26, 2013, 03:37:23 AM
Time to bank on ltc. buy ltc now . It will surely rise very soon.


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: masize on April 26, 2013, 03:37:36 AM
Really don't believe in LTC. I think we shouldn't divide forces. Lets make BTC rule them all.


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: iCEBREAKER on April 26, 2013, 03:47:56 AM
Really don't believe in LTC. I think we shouldn't divide forces. Lets make BTC rule them all.

We're all on Team Crytocoin.  Our adversary is Team Fiat.

Satoshi is our coach; Bernanke is their's.

Bitcoin is our team's star quarterback.  Litecoin is the rookie showing potential and ready to get off the bench.

/doesn't often use sports metaphors 


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: Sek0n on April 26, 2013, 09:06:47 AM
Really don't believe in LTC. I think we shouldn't divide forces. Lets make BTC rule them all.

I kind of have the same line of thought, but the faster conformations is a nice feature at least.

I've been mining LTC lately because it's more profitable when converting it to BTC, although that's starting to change now it seems. :(


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: Barklad on April 26, 2013, 09:22:54 AM
LTC is definitely growing in popularity along side Bitcoin. I would imagine if there was a boom in Bitcoin there would be a lesser boom in LTC.


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: andrewsg on April 26, 2013, 09:39:03 AM
Not easy buying LTC at the moment, BTC-E not looking like a very stable and secure platform.


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: DeathProxy on April 26, 2013, 10:25:57 AM
Just bought 500 ltc now in btc-e , hope the price will rise soon.  :D


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: Lethn on April 26, 2013, 10:30:07 AM
I'm going to be taking LTC payments for my Jewellery when I put it up for sale :) it's good to diversify.


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: sensa0 on April 26, 2013, 10:42:02 AM
i'm trying to build a rig right now just to mine LTC


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: Fajman on April 26, 2013, 10:44:52 AM
Im feeling it so i bought in


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: Fajman on April 26, 2013, 10:58:44 AM
Hmmm over 5 hrs and 5 posts and still cant reply on other boards.

i dont think anyone heavily invested in BTC can afford to not hedge against LTC. For that reason alone its probably going to rise. Add onto that the mtgox speculation and ASICs about to take over BTC mining...

Its worth splitting your investment. Eg
1/4 LTC
3/4 BTC


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: Lethn on April 26, 2013, 10:59:59 AM
Don't forget to buy gold or silver! :P


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: bitdwarf on April 26, 2013, 11:18:16 AM
I bet there's going to be a "Is BTC going the way of the Napster" story in the mass media this summer, when they are bored and want some good "rise and fall" story. Then whichever alt is the most fashionable will be mentioned a lot.


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: Chuck Finley on April 26, 2013, 11:29:38 AM
Yeah who knows where the crypto currencies will go - a year from now bitcoin could be extinct, supplanted by litecoin or some other currency. Regardless of the flavour though, I think crypto currencies are definitely on the rise long-term.

As I have been saying for a long time now the real issue is which crypto currency gets a major deal first, with VISA, etc. Now that Paypal is finally looking into it (for BTC) this could be the thing that drives the price up farther than we've ever seen.




Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: digicoin on April 26, 2013, 11:37:45 AM
Quote
faster conformations is a nice feature

Agreed. It is really an innovation.


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: C4th on April 26, 2013, 11:53:27 AM
litecoin seems to trade pretty much like btc.  It doesn't seem to have any personality of its own. Hopefully it will get a boost when it is on mtgox soon but we'll see.


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: bitdwarf on April 26, 2013, 11:58:44 AM
litecoin seems to trade pretty much like btc.  It doesn't seem to have any personality of its own.

This. The algorithm may be different, but the people hoarding it are the same. They aren't going to push LTC if it sabotages BTC, nor the other way around.


Title: Re: Interested in LTC, who else is feeling a coming boom?
Post by: Schrankwand on April 26, 2013, 12:00:43 PM
litecoin seems to trade pretty much like btc.  It doesn't seem to have any personality of its own. Hopefully it will get a boost when it is on mtgox soon but we'll see.

LTC is the same as BTC with another algorhithm.

It is pretty much resistant to contemporary miner designs, which makes it a "people's choice" kind of.

Competition is good. The apps look the same and theoretically, a combined wallet software could store all kinds of different cryptocoins. It isn't that hard. Just as you would pay with dollar, Euro or Yen, you could probably decide to pay in whatever currency you want, as long as the same basic transaction mechanisms are kept similar.