Bitcoin Forum

  Hey, does anyone think the emergence of Darkcoin could make Litecoin redundant ?
  Darkcoin seems to match Litecoin with the added benefit of anonymous transactions.
  Thanks in advance.

Imho, most altcoins make Litecoin redundant; it is hardly different from BTC, and it is alive simply because it was the first.
It's sad really that so much money is taken by it, which could go to better coins. In time, this will probably happen, though.

Perhaps you didn't hear Drk is a scam since you arrived here today.
https://bitcointalk.org/index.php?topic=560138.0

LTC already has mixing services out.

Every coin will be anon or have official mixing service within 30 days, so then they will all make drk redundant.

Litecoin will be always superior to dark, just because its age, if bitcoin goes to 1000, litecoin will surely go to $30

How is age important to the value of something?

stability
long term track record of being a secure coin
great dev team
On pretty much every big exchange (Coinbase will soon add LTC)
daily volume in the millions
Litecoin atms starting to show around the globe.

Darkcoin will never be accepted by Overstock or any big player , it's a pump and dump instamined , premined scam coin just like AUR.

1. Do you make decisions on what Overstock does? If not, you're just guessing (or more likely, hoping)
2. Darkcoin has fair distribution.
3. Those who had no vision are now angry they didn't invest, and their ego doesn't allow them to invest even now that they've seen it's an amazing investment.
4. Darkcoin has no premine.
5. Auroracoin is not a scam coin - the airdrop has been delivered as promised.
6. You're an idiot.

yup.

Litecoin was reduntant the second it it outlived it's 'GPU/FPGA/ASIC resistant' claims.
Smart guys were sucking up bulk of supply 1 generation ahead of the masses. Bitcoin never made such claims. Litecoin was specifically created to offer SAFE HAVEN from this, which it failed at.

Now, many more innovative coins exist, that rightfully should take over the 2nd place.

^^^part of drk scam team^^^ put on ignore


1. dark has a HUGE instamine one of the biggest on the board - 50% roughly of all coins in existence were mined in 1 day by a handful of people.
2. dark cut of their minting by 75% to enrich holders and stop future miners getting any coins
3. dark is pump and dump
4. every coin will be anon in a month in some form so drk won't stand out.
5. if you watched the US hearings their number 1 message was " we will never allow or tolerate any anon crypto" so what business is going to risk dealing with it.
6. never listen to dark shills ... of course they will tell you their coin is the best thing ever.

Dark will never replace Lite just like nothing will ever replace Bit. 

Litecoin never claimed to be asics resistant.

blackcoin the safer investment?

1. You claimed "Darkcoin will never be accepted", not "Litecoin will be accepted"
2. Prove that I'm lying
3. Do you hate money?
4. Thank you for accepting the fact there was no premine, and that you lied when you said there was
5. What does the value in an exchange have to do with being a scam or not? Again, saying AUR is a scam is a lie.
6. You're still an idiot.

Investments comes with risk, just like how this fellow learned.

https://bitcointalk.org/index.php?topic=622848.0

Been around these parts awhile, even troll ltc alot, but I'm yet to see anything better then ltc in the alts. Lots of claimed innovation, but mostly innovation for innovations sake.
Tbh many factors in LTC make it better for joe public adoption over BTC, eg known dev.

Most alts are adding this and adding that in an effort to seem superior when really when it comes to public adoption; less is more. Hell average joe's can barely get their heads around BTC let alone anything with added complexity or even info.

Maybe it's just that you don't know what premine means? Or you don't know what scam means? Perhaps look them up before making more of your retarded claims.

I've told you before, and I'll tell you again.
YES it was.  of I've bolded the relevant sections.


of course, certain guys ALREADY KNEW this was bullshit and was mining with private GPU optimizations while rest of public was stuck on CPU. and then R&D into fpga then ASIC port happened while everyone stuck on GPU. This was the reason for price surge, since insiders knew.  Algo was deliberately set without proper TMTO guards and never fixed.  When this was specifically created to resist such efforts (unlike btc) and dev team doesn't hard fork to alternative POW, which lives up to the promises because they are either paid off by asic manafacturers who spend millions on tape-out or in too deep with their holdings already and don't want to risk losses you know you have a huge problem.

 In crypto circles (non cryptocurrency) such a failure is a catastrophic flaw and not tolerated. If you design something which cannot be added into rainbow table lookups and people start doing it on rainbow tables you've obviously gone wrong somewhere and need to fix. yet dev team is ignoring the issue. We're dealing with hundreds of millions of dollars here, it's no joke.
 

https://bitcointalk.org/index.php?topic=560138.0

btw wtf is drkcoin  ???

they were no asics in 2011 , saying litecoin was made to be asics resistant is retarted , coblee even said so himself.
look here and see if it makes those claims https://bitcointalk.org/index.php?topic=47417.0

they crappy pump and dump coin of the week

I think LTC was the smartest Pump and Dump created in this forum. Auroracoin wasn't very smart and had weakness that kept getting attacked. The only thing I am buying for LTC is Silver tarnish remover because I am going to need it pretty soon down the road.

LOL @ the same LTC shills posting silver crap. I wonder how many $50 bagholders are there hoping KnC will make it impossible for common man to mine and that would make it more valuable. Good luck, you are going to need it. We all know the power of Bitcoin. Simply forcing yourself in the same sentence doesn't make you anything comparable. I have always understood and accepted the BTC snark but I never get the LTC bagholding retarded arrogance. But that is what happens when you are brainwashed in thinking "silver".

Anonymous coins will end the silver nonsense. Another PoW is not a good enough differentiation to deserve any kind of silver labels, especially since it is all a perception and speculation.

For public adoption, average joe aint going to be able to mine any top coin, or care who the hell is mining. Hell I'm into cryptos awhile and I don't care the how when what where of mining btc/ltc......I trade....Done.

And anon lol. Coins are as anon as the users is capable of making them be.

.

cool story bro

ltc has survived several waves of alts, still the only one standing head and shoulders above the rest., that give investors faith enough.

I'm hearing a lot of people who know fuck all about DRK in this thread. The guy who thinks other coins centralized mixing services will make DRK not stand out is hilarious. :D
DRK has mixing in the wallet. Anyone with 1000 DRK can host a masternode (and get paid for it) which does the mixing, there's going to be loads. You don't have to "trust" anyone with your money, no worry that the centralized mixing service won't be compromised. You know? There's even future plans for masternodes to provide services such as decentralized anon chat and page/market hosting.

The DRK instamine was an honest mistake, but most of the instamined coins have already been bought/sold and been exchanging hands all the way up. You can see the wealth distribution here: http://chainz.cryptoid.info/drk/#!rich As you can see the top 100 hold 3x a bigger proportion as BTC (which is around 20%) which isn't too bad considering DRK probably has 300x less users.

Look at what our dev has accomplished so far, and he's working on it full time till Jan 2016.

This guy is REALLY funny:

This guy clearly doesn't know why Bitcoin originally gained its massive value and the potential Darkcoin has :).

Oh also the other serious anon coin contenders... We have zerocoin which is backed by the US army and whose dev have said they will install backdoors in the software. Not to mention the first ever transaction holder can create coin out of thin air. Wonder who that's gona be?  ::) Then we have DarkWallet (which does look interesting but...) has centralized mixing, plus it's a browser add-on. The average joe's browser is pretty insecure, and I wouldn't trust my coins on a browser extension I don't think.

Anyway, when DRK reaches the value of LTC, which is will, and it will overtake it. DRK will be $70 each when it matches LTC's value. I can't wait.
LTC is just a faster Bitcoin, originally built to be ASIC resistant. Not the case anymore, so it has no real features really.

But I really think LTC will hold its value though because it's so established in the market, plenty of merchants accept it, and it's a coin used on most exchanges as a way of buying low-valued altcoins (coins with less than 0.00000010 value). And it'll likely never lose its place there in the market.

There were FPGA'S. if you can create bitstream on fpga it's logical next step to create ASIC. It's a matter of time.  coblee is backtracking. he doesn't want to change what up until now is a working formula because he's got millions of $ riding on it along with many others.. perhaps he's also paid off by manufacturers.

coblee did not create the litecoin POW. he copy pasted from fairbrix, which copy pasted from tenebrix. before you mention multibit we are talking proof of work.