Bitcoin Forum

Bitcoin => Press => Topic started by: patricktim on August 01, 2013, 06:48:05 AM



Title: 2013-07-31 Is it Litecoin's time to shine? Investors flocking to Bitcoin
Post by: patricktim on August 01, 2013, 06:48:05 AM
http://www.prnewswire.com/news-releases/is-it-litecoins-time-to-shine-investors-flocking-to-bitcoins-successor-217730131.html

Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. Litecoin provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have. The Litecoin network is scheduled to produce 84 million currency units.


Title: Re: 2013-07-31 Is it Litecoin's time to shine? Investors flocking to Bitcoin
Post by: Warhawk24 on August 02, 2013, 02:29:29 AM
Hmm wow.  I do agree that http://Coinhuntr.com is a good ltc pool :)


Title: Re: 2013-07-31 Is it Litecoin's time to shine? Investors flocking to Bitcoin
Post by: TraderTimm on August 03, 2013, 09:32:18 PM
Is a PRNews piece, which you have to pay to get placed on, really worthy material for the "Press" section? Isn't this just a variant on paid product placement?


Title: Re: 2013-07-31 Is it Litecoin's time to shine? Investors flocking to Bitcoin
Post by: vokain on August 03, 2013, 10:08:29 PM
Is a PRNews piece, which you have to pay to get placed on, really worthy material for the "Press" section? Isn't this just a variant on paid product placement?

no. yes.


Title: Re: 2013-07-31 Is it Litecoin's time to shine? Investors flocking to Bitcoin
Post by: LiteCoinGuy on August 04, 2013, 02:28:07 AM
Litecoin will always shine bright as the sun ;D


Title: Re: 2013-07-31 Is it Litecoin's time to shine? Investors flocking to Bitcoin
Post by: toddtervy on August 04, 2013, 02:36:35 AM
http://www.prnewswire.com/news-releases/is-it-litecoins-time-to-shine-investors-flocking-to-bitcoins-successor-217730131.html

Litecoin is a peer-to-peer Internet currency that enables instant payments to anyone in the world. It is based on the Bitcoin protocol but differs from Bitcoin in that it can be efficiently mined with consumer-grade hardware. Litecoin provides faster transaction confirmations (2.5 minutes on average) and uses a memory-hard, scrypt-based mining proof-of-work algorithm to target the regular computers and GPUs most people already have. The Litecoin network is scheduled to produce 84 million currency units.

Litecoin not too bad.  Was trading very cheaply until a big upward momentum earlier this year.


Title: Re: 2013-07-31 Is it Litecoin's time to shine? Investors flocking to Bitcoin
Post by: LiteCoinGuy on August 05, 2013, 03:19:15 PM
"Mt.Gox said it will also soon launch a new trading engine called Midas that is capable of running “much more” than 500,000 trades per second, as well as a new user interface design. Once all these pieces are in place, the team added, Mt.Gox will be able to support the Bitcoin rival Litecoin."

http://gigaom.com/2013/08/05/bitcoin-exchange-mt-gox-reveals-technical-upgrades-to-boost-performance/


Title: Re: 2013-07-31 Is it Litecoin's time to shine? Investors flocking to Bitcoin
Post by: TraderTimm on August 05, 2013, 11:50:02 PM
Upon which point it will resemble the BATS IPO:

http://www.nanex.net/aqck/3079.png


Title: Re: 2013-07-31 Is it Litecoin's time to shine? Investors flocking to Bitcoin
Post by: LiteCoinGuy on August 06, 2013, 02:07:19 PM
dont think so.  :)