Bitcoin Forum

XRP IS A SECURITY, LITECOIN HAS ‘NO REASON TO EXIST,’ ETHEREUM IS THE BEST — SAYS MULTICOIN CAPITAL
https://bitcoinist.com/ripple-security-litecoin-ethereum-best-multicoin-capital/

LTC's existence is worthless, its only value is to control prices to defraud investors of their money, its code development is slow and its fan base is small.

when you are bagholding some shitcoin you will obviously be defending it blindly because your profit is at stakes. that has been the case with the ETH bag holders who are getting more desperate every day for recovering the huge amount of money that they have lost so far.
the Multicoin Capital that is saying this bullshit is heavily involved with ETH and the ICO scams that are taking place using this token which is why they are so pro-ETH here.
by the way ETH is the worst long term play because of its inflation and the fact that it has no cap.

LTC has no reason to exist but it does and it has been existing much stronger than ethereum had ever existed!

Ripple is nothing. it is shit in fact. because it is not only not a currency but also it is  heavily centralized. no one in their right mind will ever choose a centralized coin issued by a company when there is government issued centralized  currency and also decentralized currencies like bitcoin.
in fact i would say Ripple has no reason to exist.

I too believe we don't need litecoin anymore. It was supposed to be a quicker crypto than bitcoin with smaller transaction fees.
When the transaction speed and fees are similar to that of Bitcoin, we don't need it. There are many more mineable coins we don't need.

Exactly. The hedge fund in question has a vested interest in ETH and EOS obviously and that's the reason
why they are bullish on these platforms. It is outrageous that they predict ETH to be the top runner in 10
years time. In my opinion, ETH may not even exist in 10 years time.

As for LTC, they may be partly right stating that it is a clone of BTC and that it serves as a test playground
for BTC. Still, with its low transaction fees, LTC may serve its purpose and I don't give merits to their claim
that it has no reason to exist.

As for XRP, they are right IMO. XRP is very close to be labeled as a security, which it is, and therein lies
the possible problem for investors.

I don't agree with you here. A very small minority of investors would call Ethereum a shitcoin while the majority including me recognize Ethereum as a legitimate coin that is worth investing into for obvious reasons(Development team, features etc). Litecoin is also a great altcoin with tremendous potential which I have invested in and am HODLING it at the moment. Ripple is another great altcoin from an investment perspective and I don't really care about the whole centralization aspect.

Well, have stop been a lover of Litecoin ever since Charlie sold all his holding cause Litecoin is died to me ever since then and XRP is a secure coin but it was said to be a centralized coin. However, Ethereum seems to be the best right now but we never know what the Chinese are cooking for EOS and NEO.

Litecoin just like an experimental protocol to the bitcoin/ It's exist to be used by bitcoin to test any BIP for the technical update in the future.
The bankers are not interested in XRP coin and they are aiming to get the ripple tech. It's absolutely useless coin.
There is a lot of companies or even countries are interested to use ethereum platform and it can't even be considered as security. That's future.

This is the first time I will hear that Litecoin was an experimental protocol for bitcoin BIP but why are the two coins not created by the same person?
I knew the some of the banking sector are interested in XRP technical and the same reason woo WU and Money Gram to try out XRP  for their project which I don't know the outcome of the result. The question is why is XRP  not bullish like other coin is it because the coin was said to be centralized?

To me bitcoin is the best. Bitcoin is the first crypto currency in the market of crypto currency and it is the leader of the market. Litcoin, Ethereum are relatively new in the market of crypto currency but eth is doing well than others in this market but bitcoin is in the leading position and it is the best.

I agree on all the points you have made here. Its always about the self awareness and what you are holding and nothing else. People dont even care to read or learn about the projects if they have got full bag of it. They will just simply brag about it all the time and will publish the presence of such coins. As as far the crypto currencies are concerned they are non ending and more and more options will be available. Now as far as LTC, XRP and ETH is considered I guess its really very handy due to their presence over Top 10 list. People will just talk about it if they have it and they will just emotionally feel that its gonna get them huge bucks in return. Nothing wrong with that as an investors but true facts.

XRP is indeed a security because it is a centralized token.
The team is free to freeze the XRP you own.

Not even going to read that. I have never heard of Multicoin capital but from the suggested name meaning, it means they probably invested in a lot of different alts, so think they have an expert opinion. I bet they're hurting from the market bear now and have all their eggs almost in ETH to say such a thing. What makes me upset about it is to say Litecoin has no reason to exist. Yes, it's an altcoin that does everything Bitcoin does, but in a cheaper, faster, different way. So what if that was its sole purpose? At least it has use and a community. XRP just complained that nobody was using it.

I do not agree with the statement that litecoin has no reason to exist, just read what they are working on, ltc is actively under development thay are rapidly working for scaling issues not only for ltc but for btc as well, if the author of the article still thinks that ltc is worthless i think 1600 other coins on cmc should also be considered the same, secondly i do agree that ETH is the premium and best coin in all the major aspects.

Then, what would rather you say about Bitcoin?
-Bitcoin is God.

Ethereum is my favourite and I am so unanimous with the post. I find Eth to be really a potential coin.and think that it has a bright future ahead.

"If the investors are asked or if a general idea is to be obtained from the market regarding which coins to invest in, the answer will be bitcoins. Other forms of altcoins are fairly new in the market but bitcoin is the oldest one and is in the top of the market till date.
"