Bitcoin Forum

Is LTC still the main alt-coin contender for BTC?

ltc is certainly still the top alt and will remain so, one of the few altcoins thats not created as a scam or to profit the devs. Its not a contender to bitcoin but works with bitcoin ie litecoin being the silver to bitcoins gold.


(won't be long though til the 'innovation' crowd pumping their latest scamcoin plague this thread  :-X)

not any more.
LTC is going to noway.

sure just greater marketcap, greater trading volume then all other alts combined hmmmmm  :-*

yeah yeah we hear the fud spreaders over and over again on this forum, still doesn't change the reality of it though.

BTC-XMR

Litecoin is the most successful altcoin to every come out the bitcointalk altcoin section. No other coin has created so many millionaires and yet so many here spread Litecoin fud like the vermin that they are.



Show me another altcoin with millions in daily volume , yea that's right you can't.


lol Monero ? seriously bro? bcx dumped that garbage along time ago maybe that's why it has $8,364 in 24 hour volume.

Monero is the next quarkcoin.

Litecoin is the most active coin by a long way with lots of liquity, the traders coin.
It's activity averages above 2.5% of in recend times 4%.
Bitcoin is about 1% everything else is just a fraction of a percent.

Agreed. I have a Litecoin address created shortly after my Bitcoin account. Something about mining both at the same time (scrypt and SHA512?). I think it's the only one with any promise until true anonymity can be proven a la Darkcoin?

LTC is over...no one cares about it any more. Although it is still 2nd largest altcoin somehow.

LTCis over now. The price has also dropped to prove the point.

ltc seems pretty dead

It does seem that LTC is no longer the top contender. I doubt a lot of people are still holding on to it either.

Top contender in terms of adoption or being known to the public maybe.

Im not sure why anyone would use LTC anymore at all.
I dont think we will ever see major retailers accepting payment in LTC, so why hold it?

The value has taken such a hit in 2014 and i dont see any reason for it to ever recover.
The handful of holders can focus on trade volume all they want, but at the end of the day...BTC is vastly superior and always will be

so u r saying bitcoin dead as well?

not at all, have you seen where crypto are heading ie mainstream (and by that I mean mainstream trading)

biggest hurdle with regulators over the upcoming EFT was bitcoin anon creator, though it may add a cool factor in crypto circles it doesn't sit so well with regulators, and more importantly joe public.

ltc has that over btc in mainstream adoption, the creator is known and thats a bigger thing then u may realise.

ltc may trail btc in retail adoptions but hey retailers arent triping over themselves to add crypto because there's not much to gain, lets be honest you're not going to gain customers by adding any crypto, few if any really use their btc or ltc or any crypto as a currency, most hoard or trade, or swap for fiat asap.

Litecoin seems to follow Bitcoin's price trend but in a much more exaggerated manner. When the BTC price rose by nearly 100 times between January and November 2013, the LTC price rose by almost 700 times during the same timeframe.

When Bitcoin's price dropped from $900 to $300 in 2014, Litecoin's price dropped from $25 to $2.

LTC will follow in bitcoins footsteps for some time to come i believe.
Drk had a good pump last week and has looked good to me for along time now so i'm picking that to be number 2 coin very soon, it has many features that people in the altcoin community want.

LTC is dying now, but is not complete dead, probably some day it can go up with some pure speculations, for invest purpose, do not touch it anymore

1001 trolls across many threads (many self moderated) saying ltc is dead or dying etc doesn't make it so.

calling any coin "next bitcoin" is basically enthusiastic and no serious investor will invest based on such statements.

Definitely, Litecoin is not a Bitcoin contender. When they say "Litecoin is silver to Bitcoin's gold", it clearly show they can't or they don't have interest in to be a Bitcoin contender or surpass the Bitcoin leadership.

There are a lot of threads here claiming Litecoin is dying or is dead. I disagree. Litecoin is still alive, it's still maintained, it's in the #3 at market cap and its acceptance is much larger than any other altcoin. But I agree in an important aspect: Litecoin suffers of a lack of vision. Claiming it doesn't need development and it just need adoption clearly show this.

They need to show why they are here. They can say they use Scrypt instead of SHA-256, they have a fast block generation and related thing. OK, this in 2011 was some innovation. Also, they had a fair launch, with no premine (in opposite to ixcoin and Tenebrix, for example). But, and after this? Just sit and watch Bitcoin development, see if the magic of network effect works and merging some commits from the upstream? They're going to nowhere and eventually will be surpassed by another altcoin.

In my opinion, contenders to Bitcoin today should have some of this characteristics: annonymity / privacy, scalability (some way to avoid blockchain bloat), sustanaibility of mining,  or other instruments to difficult attacks against the network.

It's clear LTC will not compete with Bitcoin, so is Dogecoin https://www.coingecko.com/en
They will all fill the same niche. Still cant think why people wnat to use LTC over BTC in the future. More stuff and apps will be built on top of BTC, can LTC take advantage of that? Maybe if Coinbase supports

LTC it's been let access at low price for adoption purpose. The more people get it the more will be spread no like other coins having a few hundred bag holders, innovation is coming later.
LTC is not forgotten just buy and hold.

The price is low because there isn't much demand for it.

Litecoin is not innovative nor will it ever be. Who you trying to fool?

This pic typifies the Bitcoin-Litecoin relationship:

http://melissagalt.com/wp-content/uploads/2011/02/coat-tails.gif

LTC lost it's ground from last couple of years.

Pretty good post, but a few corrections for the "legendary" trolls here ;).

1. Really its the number 2 marketcap, ripple does not count because their company owns the vast majority of coins (Auroracoin effect going on here).

2. There is a vision, the whole "doesnt need development" that Charlie said on twitter was out of context. What he means is that Litecoin does not need serious changes to the core. But we do need more third party applications and development. See number 4

3. LTC devs work with BTC devs, and we adopt the same core security measures as bitcoin does which is more important then additional features that can be implemented via 3rd party.

4. bitcoinist.net/litecoin-association-appoints-new-development-team-director/

5. Too tired to post anymore ;)

6. Night all! :D

Litecoin is technically very similar to Bitcoin so apps for Bitcoin and anything that is built on top of Bitcoin could also be adapted for Litecoin as well. Whether or not services such as Coinbase choose to incorporate Litecoin is their choice, however. A few exchanges have considered adding LTC trading. Among these were Mt. Gox and BTC China. Payment processor Coinkite also supports Litecoin and Blackcoin in addition to Bitcoin. Some ATMs do too I think.

HEY guyz can you let me know im thinking on investing in a rig and wanted to know whats good and not good

Post of the month....no, make that year.

(i know, i know, we should all just give this one a pass...)  ;D

and who you trying to fool with this 'innovation' term? 'innovation' just a word throw around on this forum just to sell the latest scamcoin.

as a currency USD is levels of magnitude more successful then bitcoin, yet how innovative is it?

most average joes can barely get their head around bitcoin let alone these innovative alts that don't really add anything innovative just ad more complications, which makes for less chance of success not greater....but thats lost on most here.

key to making a crypto successful as anything more then a trading token (and thats all all cryptos have been todate including bitcoin), is adoption.

Innovative coins like Lottoshares, SiliconValleyCoin, Auroracoin, Neutrino, Freicoin, Primecoin, Marinecoin ............ all hat multi-million dollar marketcaps at some time
https://i.imgur.com/Bqbd2py.jpg

Litecoin is getting more centralised everyday. Only the whales are buying more coins. Sad but true