Bitcoin Forum

Dump the BTC buy into LTC and create new millionaires overnight, article below.

https://www.tradingview.com/chart/LTCBTC/4Vx8QAZd-Mysterious-MIT-Litecoin-Project-Coblee-is-Satoshi-Nakamoto/

https://twitter.com/SatoshiLite/with_replies

about write only trade , altcoin can get much profit, because price under bitcoin

but about compare bitcoin vs altcoin (litecoin) , bitcoin still the best, all exchanger support bitcoin with pair fiat money , but in litecoin not all exchanger support pair litecoin with fiat money

At this stage LiteCoin is closer to what Satoshi might have envisioned for Bitcoin, because it can be used as a alternative "cash" payment network,

because the fees are much lower and the transactions is much faster. They saw the potential in SegWit and they went for it and it looks like it is

paying off now. I cannot see LiteCoin becoming the de facto Crypto currency, but it will work as a "Cash" payment network.  ;)

So it's fair to say it is superior but because it came second...the impact was less thus we see that in the price?

By all comparisons LTC should be in a perfect world where ratio's made sense, see a $900 LTC.

Post in your local board, you Google translating spammer.

The price is irrelevant. It's only about what people will perceive Litecoin to be worth in the future, not what it's worth now.
Kprawn used to argue against increasing the block size.  It would be plain hypocritical to argue for Litecoin, because the higher block speed is almost the same thing as having a higher block size.

Litecoin only has lower fees because:

-It currently has less transactions sent over it
-Higher block speed
-SegWit already implemented

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Also, he just isn't satoshi... don't even try...

that is a bit too high given the market cap but 1/4 of BTC price would make sense; so 500-600-700$?

It is digital silver and silver was always better for monetary purposes while gold was a store of value; this was true 5000 years ago and this is still true today.  ;)

Bitcoin will only work when 0 confirmed transactions are universally accepted & WAY more tps (transaction per second) are possible.

Be careful. The altcoin bubble is about to burst and everyone is going to lose money. Till now, the investors were able to get profits, as the alts were shooting up like crazy against fiat (and to a certain amount, against the BTC). But if something bad happens, then the coins which are not in free-float currently will be dumped en masse, and the prices will crash by 90% to 95%.

But Bitcoin is going to get segwit soon, which means lightning network can happen on Bitcoin too... so I don't see how Litecoin is still ahead of Bitcoin. Bitcoin is getting segwit, so this MIT project can happen on Bitcoin too.

If I was holding Litecoin, I would take my profits... you never know if it can dump now that Bitcoin gets segwit.

I agree with bryant.coleman, altcoins can help you make more profit, but it will make you loss all your money anytime because it just pump by whale and rich man control the price, and the price of Bitcoin controlled too!
Agree we are in big bubble cryptocurrencies and not know the time this bubble broken and crash the price of altcoin to prehistoric =)). Cryptocurrencies Market very easy controll by a rich company or any rich man want do that, not like as Forex or Stock because Crypto now is very new and look like as baby in market on the world's

One thing is a price pump, and another is actually people to preffer accepting altcoins instead of Bitcoin with the intentions to hold em longterm though.

Charlie is Satoshi is pretty funny speculation though.

Altcoins will become popular inevitably when e-currencies gain global support. Countries will have their own versions, as well as corporations.

i do hope that litecoin reaches 25% of BTC PRICE, i.e. around 650uds

Let's be serious, Litecoin will never take over Bitcoin... it will always remain a BTC alternative; let's hope after August 1 Bitcoin will get stronger and faster.

Odd. It's been working perfectly for several years without any overweening issues. May I suggest Paypal for you? I've heard it's the coming thing.

Mr. Lee took all that hard work, fiddled with it a little bit, and then off he went. Far more than I could've done but not quite the achievement that Satoshi managed.

I was actually eager to read a more detailed explanation and reasons why LTC is better than bitcoin but because of the mere fact that Charlie is Satoshi is now a reason? Guy several people have come out to claim they are Satoshi and they have been refuted in their claim up till today and if Charlie is really Satoshi why did he then create some he believe is inferior to supersede the superior which in the is case is  your acclaimed LTC?

The early coins served different purposes and addressed different issues.  Remember that no one back then saw these days we are in now coming.  .  Many of us coders have put together some software and then had a spinoff idea and run with that, while the first was still out there.

Probably you are right for the short term traders who sit in front of the computer whole day and track the market diligently.  But not true for the part-time traders and long-term investors. I am an investor to the bitcoin and I get only weekends to trade. So I make some quick bucks during weekends by trading with altcoins.

But I am also a long-term accumulator and investor of bitcoin. I prefer to buy bitcoins from various exchanges with my signature campaign and trading profits. I started this practice since the price of bitcoin was at 450 USD and you can easily understand that how much profit I am making just by holding the bitcoin. This wouldn't have been possible for me if I was investing in litecoin since that time.   

That would be huge cliff-hanger right here.
It would be great for Charlie also, be anonymous and still be able to work on Bitcoin (worse copy but still :))

you wish ! ;D ;D ;D and so do I !!

Glad the conversation is remaining light but on a more serious note has anyone ever explained why Charlie is NOT Satoshi or part of a team?

Just curious.

Wishing is different but people money and pumping an altcoin is a different ball game.
Yes, litecoin is a better payment gateway right now compared to Bitcoin but who knows what future we'll see after segwit. I wish towards that.

Lol this is stupid. Also the user that posted that is a troll. Go back a few months, they were calling LTC a shitcoin.

segshit.

I do not believe that Litecoin is much better than bitcoin. I am not saying that litecoin is not a legible and a good currency but compared to bitcoin it will stay a third rate. Until now bitcoin has remained on the top 1 in the coinmarketcap and it will still grow.

This would be very nice, but also it is not impossible.
Nobody expecting that LTC will do this or something similar..
I'm not sure this is true anyway, so relax nothing will happen. Speculations, Satoshi is anonymous..

Most probably not.

First of all, the whole thing is written by a person from tradingview, anyone can get a tradingview account and pay for a subscription and shill for their own altcoin. In fact if you look at analysis this is exactly what everyone that has an account on the site is doing at the moment. Most of these predictions are not based off anything, just gut feelings/only use biased analysis.

Some points:

1. If Charlie Lee was satoshi, why did he have to leave the bitcoin project to work on litecoin? Why can't he just fork bitcoin instead?
2. Why did he reveal his identity as charlie lee when working on litecoin, but not whilst working on bitcoin?
3. Obviously, you are a litecoin supporter as well. Your info is extremely biased.

I don't think this is true, but it is interesting to think about :D

Litecoin was create on the Bitcoin's base, but it's not Bitcoin's clone, therefore it has many significant differences. Bitcoin uses based on SHA-256, then LTC runs on Scrypt. Due to this electronic payment system intensively works with the memory. This year is hard to be called the year of LTC, it shows modest results of grow (if to compere with BTC and ETH),  but LTC will regain its high popularity, as only a competitive system will start small technical problems.

I don't know why people talking about code which can be modified upgraded and improved over time and on demand, like it is commodity.. Bitcoin can store value because it is interesting, new concept,  pure math..Bat it is far from perfect..LTC now looking better because he started its upgrade first. It is very important to be the first with new solutions.

Sounds strange. Remain anonymous as founder of Bitcoin, but be public with Litecoin ???
Also Litecoin was more or less a Bitcoin clone at that time. Why would he refund his own coin ???

it was a failed attempt of someone trying to pump litecoin and gain some profit but apparently the market didn't agree with him and price has fallen about 3-4% ever since that article ;)

Lol I keep wondering why some people would claim they are who they aren't. People can be silly sometimes.

that is correct. Litecoin is now the best coin and it should replace bitcoin as soon as it can. Bitcoin is no longer the fastest and convenient currency on this planet anymore

Don't agree with "Charlie is Satoshi"

But I do see the potential in litecoin. IMO, a $1000 in litecoin is possible in the next few years.  :)

I do not buy this prediction of a thousand dollar valuation in litecoin,it is not possible and i do not see why you should give that much amount for a litecoin,there are a lot of coins that are over priced and if you look in that aspect then it might be true,because it was under valued for a very long time and now it started to rise after many years in the side line.

Cenguwuei, you really get the idea right. " but in litecoin not all exchangers support pair litecoin with fait money" that is what create dependant. Bitcoin is currently serving as gold standard for all coins. No coins can withstand the pressure from major currencies like dollars and pounds except bitcoin. Litecoin is not as good as bitcoin in all standard.

http://www.livebitcoinnews.com/bitgo-now-working-security-solutions-litecoin-ecosystem/

BitGo, the world’s leading multi-signature technology service provider, now supports Litecoin.

The internet started as a way for the Cern developers to share and communicate from one side of the complex to the other.  Satoshi was proving a math solution and his proof of concept is no doubt well beyond where he thought it would go.  Other coins experimented with different rewards, algos and other things.

At last I truly see.

yes i agree litecoin never take over bitcoin just wait and hope after 1 August bitcoin will get stronger because btc will be split into two.

That didn't make either one better, just the way that programmers think. Think about torrent technology.  This was meant to be nothing more than a faster way to transfer files and it became one of the biggest file sharing/stealing protocols out there. 

Litecoin is not really better than Bitcoin. It is just a good coin for crypto traders to trade with. And what proof is there that Charlie is Satoshi. I won't start using Bitcoin just because some random dude said that Satoshi is Charlie. Litecoin is much more volatile than Bitcoin. It is just speculation, whilst Bitcoin can actually be used as a currency.

In fact, I actually committed myself to a recent trade with Litecoin. I bought Litecoin at the price of $23. In less than a week, the price rose to $62.50. I made a handy profit. As I said, Litecoin is good for trading, but in real life, it does not have any use.

This is true, but the momentum of bitcoin is simply too strong, unless bitcoin completely dumps I do not think litecoin is ever going to surpass bitcoin, but I will admit litecoin is way better if you plan to use it similar to cash since confirmations are way faster and the fees are lower.

As long as there is no believable "Satoshi Nakamoto" claim out there, all we can do is speculate of who he/she really is.

Do you really think charlie lee will make lots of difference in litecoin you can see the current trend even litecoin going down. Charlie lee one of the developer behind the success of coinbase . coinbase is a trading platform it is not the currency so we have to consider his experience in domain also .

Me too, i look at it that way and besides as of now only bitcoins has available buying and selling method in my country so even i possessed other altcoin if i want to convert it to cold cash i still need to convert it first to btc.

We will never know who he is, and I think we are better off that way, if we knew who he is then the media will crucify him in an attempt to bring down bitcoin that way, if I remember correctly that is a strategy many use, they critique the inventor to try to make it appear the invention itself suffers from the same problems.

for trading,altcoin are more suitable option.
but if you compared between ltc & btc I tell you that bitcoin is too much better. altcoin indirectly depond on bitcon but bitcoin don't depended any altcoin.

Litecoin is dog shit.

Litecoin doesnt has any significant movement, it going up a while and then go down again, so i don't think we can get much profit by investing in litecoin, but the litecoin condition has become better, but still not enough to convince me to dump my bitcoin and change to litecoin

i think bitcoin is better than litecoin but litecoin is a way to increase our bitcoin amount so if i have a chance, i will doing trading litecoin to increase my profit with litecoin. i think altcoin is supporting bitcoin to reach the high price and altcoin itself can help us to increase our bitcoin amount so we can make double profit.

Really surprised about this BTC is better than LTC debate guys.

I recommend reading Charlie Lee's last blog post - https://segwit.org/my-vision-for-segwit-and-lightning-networks-on-litecoin-and-bitcoin-cf95a7ab656b

LTC and BTC actually work best when they co-exist together based on the current LTC roadmap. The LTC ecosystem has already been demonstrated to be better at negotiating and reaching consensus than the BTC ecosystem, which gives it the core advantage of being able to  out innovate BTC. Thats not a bad thing for BTC, its actually great.

Under Litecoin's current roadmap, if BTC integrates Segwit and the Lightning Network, they would create an instant coin conversion mechanism from BTC to LTC and vice versa. The practical advantage of this in the real world is huge because it would enable BTC holders to utilize the LTC txns to speed up and lower the cost of moving money, while lowering congestion on the BTC blockchain. One real world example of this would potentially mean that Point of Sale devices in stores would be LTC/BTC interoperable, making both coins fundamentally more usable, and allowing BTC to more readily be usable as a day to day form of payment where people expect transactions to occur in seconds not minutes or hours.

Beyond better real world usage, LTC is also good for BTC from the perspective of keeping the development talent around the LTC/BTC platform as opposed to moving into other altcoins. BTC has been notoriously politicized and slow to innovate. From the perspective of developers this generally means that rather than focusing on implementing innovative code, they get tied down in politics. By having that team work with LTC, they can still implement necessary updates to keep the LTC/BTC ecosystem relevant in a world of fast innovating altcoins, use them to prove concepts prior to them moving on to BTC. This means you keep the talent on the chain, and you keep them engaged.  An example is the introduction of smart contracts utilizing either MAST or DLC (or a combination of the two if my read on the MIT announcement is accurate). These will likely first be introduced in LTC, before being introduced on BTC. This is key for meeting the challenge presented by other altcoins including Eth head on while not compromising BTC security by ring fencing initial innovation in LTC. I'd imagine the BTC community would want that rather than continuing to lose market share to altcoins.

litecoin - Russian btc-e.com progect

excactly, sorry for me but please read this:
https://s12.postimg.org/cghhdgel9/LITECOINMOONINFO1.png

What was missing!,next just need that somebody does the approach that the founder of ETH is Satoshi too :) rather somebody took that information to try to boost the value of LTC but I do not think it works,LTC seems to be good coin and was created for some purpose although its value will increase in the future,the thing is that there will always be a difference a thing between both: the supply.

Charlie is Satoshi Li, not Satoshi Nakamoto.

Many investors turn to BTC maybe because this year it's good either altcoin could rise its next year and better than BTC and that's good for all cryptocurrencies

By what standards did you appreciate the light coyne better? The best of what? Is better bitocone? I do not agree with you, you can see the growth of lightcane only when the bitcoin falls, so what's the beauty of lightcane?

Lightcane can not be considered the best at least because it is not equal to bitcoin, and the growth or decline in prices for it directly depends on the validation of bitcoins on the market, the best currency is bitcoin

Litecoin is growing better after Charlie lee joined ltc after leaving coinbase litecoin doing really well I don't know how long Charlene lee era exists . Ltc is around 40$+ bitcoin is 4000$+ how can we say litecoin is better than bitcoin.

Value is not an indicator of what is (technically) better. I do think LTC is undervalued when it comes to the amount of attention it gets for what is has to offer,  BTC was the true first. Since BTC already has had a Hardfork Clonecoin. LTC is the only TRUE, there can be only one, coin.