Bitcoin Forum

What is the mathematically rationale for increased ROI ( LTC vs BTC ) ?

Many people think much larger proportional ROI for LTC is a mathematical certainty?

Is there any truth to this?

Many thanks

I'm not sure what you're asking.

Based only on what you typed, the answer is no, there is never a guarantee of rate of ROI.

yea what are you even trying to ask?

I think what the OP is probably referring to is the fact that Bitcoin has been around longer so there is a perception that Litecoin might have more potential for gain being earlier in its adoption curve.

There are no certainties in investment other than there will certainly be uncertainty.

There is no truth to this.  But it does have some romance and a touch of intrigue.

All true cryptocurrencies (not DOGE, which is a fiat coin scam) will rise in value relative to all fiat currencies over the course of the next decade or three.

Any of the main cryptos will be profitable, middle to long term.

That said, there are better reasons than profit to divest from fiat. Not supporting state-sponsored terrorism is my personal favorite.

roi IS FOR BOND INVESTORS.  bITCOIN AND CRYPTOCURRIENCIES ARE RISK ENVIRONMENTS.  Always assume that every cent is at risk, and that you can walk away without vomiting if it all chases the white rabbit.  For ROI call your broker.

What is a "fiat coin scam"?

I think you are mentally ill and spreading FUD.

Pretty sure LTC, although created after BTC, is in the same adoption phase as BTC.  These two are pegged together. 
I am planning on diversifying (if anyone with LTC wants to sell some to me, let me know), but don't expect LTC to climb much higher (proportionately) than it is right now.

Some of the main cryptos will probably die or almost die so I don't know if you can say that any of the main cryptos will be profitable

BTC and LTC are good bets, there will probably also be other currencies backed by gold and backed by a trusted bank

As for BTC/LTC...I don't know, I have some LTC in case but it is impossible to mathematically predict with high accuracy if LTC is a better bet than BTC, some do think it is

alot of people think litecoin is 4x less rare then bitcoin thus they think it should be a quarter of the price meaning a large potential rise in price.

but litecoin does not have the same services or amount of merchant businesses attached to it. so it is also many thousands of times less useful.

so mathematically unless litecoin becomes more useful. the potential for a rise is low and the potential for a drop is higher.

alot of people will ignore the many negative parts and just keep shouting as loud as they can, the flawed positive point to use for their calculations.

take doge for instance, alot of people were claiming its value to be higher then litecoin, but after the reality set in that its all just hype. the price dropped

I think I might be in some agreement there.  "Fiat scam"  suggests a currency with similar properties to fiat.
What happens with XDG though....  is  the group of people who mines during the first  130 days get the vast majority of the XDG.

As with Bitcoin... there are obvious benefits to being an early adopter,  but XDG has an extremely accelerated reward schedule.

The XDG reward schedule starts at 1  Million DXG  for a block every 60 seconds   (10 Mil per 10 minutes),  and  halves after ~70 days (100,000 blocks),  then ~140  days (block 200,000),  then ~210 days,  then ~280  days,  then ~350 days:  Then drops to a fixed reward rate of 10,000 XDG per block after ~420 days.

XDG will lock in 99% of the currency for the early miners, within the first year, essentially:  and maybe still manage to be inflationary.

Appreciate your interesting insights!

However, was think more along the lines of:

LTC price (2013/04-Current)

vs

BTC price (2013/04-Current)

Do we have fellow bitcoiners good with numbers here : )

Would appreciate quantitative %'s/reasonable exponential coefficient, etc.

I hear a large Chinese community believes, that when/if BTC 2x LTC is likely to 2.5x or something like that?

 

 

Once Coinbase starts supporting Litecoin  all that will change.

Once MtGox starts supporting Litecoin, all that will change
Once BTC China starts supporting Litecoin, all that will change
Once Huobi starts supporting Litecoin, all that will change
Once Coinbase ...
Once Paypal ...

Isn't it the Litecoin community that has to start changing it's narrow-minded attitude?

Once Mt.Gox starts supporting Litecoin all that will change. Ohh, wait ...

Btw, aren't you the guy that spamed whole last week "Once Huobi starts trading Litecoin all that will change."

Fucking Litecoin pump-and-dump clown. GTFO with your scamcoin.

lol the thing is Coinbase is not run by fat incompetent crooks and having the founder of Litecoin working at Coinbase  it's almost a given Litecoin will be on Coinbase someday.


Once Coinbase starts dealing in Litecoin so will Overstock , the Ceo of overstock confirmed it to me by email.

.

go play with your Dogecoin , the big boys are having a conversation here.

More exchange also mean more place for people to dump their coins. Don't you see what happened to LTC after Huobi ?

yes whales dump coins that happened with Bitcoin too.

no they dumped BTC due to a false bad news from China, not by the event Huobi adding LTC. Bitcoin price was intact on 19th but Litecoin was crashing hard.

LTC is under 1/3 of it's ATH.

such fail
money retirement gone wow
so bad

I didn't get what you're asking. Can you explain?

Some whales are following Bitcoin and will buy large amounts when it feels safer to invest in BTC
Huge amounts of fiat are waiting in exchanges and traders will wire everything they can to buy BTC if the price goes up aggressively and very good news arrive

LTC confirmation is faster but it is not like BTC confirmation is that low, it is usually confirmed in 2h; the payment arrives in the wallet in seconds

There is no way LTC confirmation time is in seconds. it usually take 20 minutes for 6 confirm.

Faster confirmation is an advantage, but this advantage is not that great for average users. If you are buying stuff online, 1 hour of Bitcoin is not a problem because we will always need to wait few days for delivery. If you are buying offline at a local coffee shop with Litecoin, you still need to wait 15-20 min which is still inconvenient.

Generally, from user perspective, Litecoin is a little bit better. However it is not better enough to replace Bitcoin, BTC already have huge coverage. A crytocurrency need to have a revolutionary feature in order to take Bitcoin's crown.

6 LTC confirmations are not as safe like 6 BTC confirmations.

For obv reasons.

You can take this even further: the effort required to reverse (double-spend) a bitcoin transaction after T minutes with probability of success P is greater than that for a litcoin transaction for the same values of T and P.  

This is obviously true for large T because of the bitcoin network's massive hash power.  But I wouldn't be surprised if it holds for all T (but I can't prove it).

Litecoin may be at a later adoption stage than Bitcoin depending on the length of its life cycle

I said that when you send btc it appears in the receiving wallet within seconds and it is safe to consider you got the money if it is from a trusted source (blockchain tells you if they think there is a double spending risk)

You can buy with an android wallet and send via bluetooth without having to wait for confirmation to take away the stuff you bought

But 1 confirmation is infinitely better than 0 confirmations, and therein lies one of the key benefits of fast confirmations.