Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Conqueror on November 23, 2014, 10:54:20 AM



Title: FTC vs. LTC vs. rock @lmao
Post by: Conqueror on November 23, 2014, 10:54:20 AM
https://i.imgur.com/mtyIyGO.jpg


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: El Dude on November 23, 2014, 11:12:55 AM
Litecoin's 24 hour volume is bigger than feathercoin's marketcap.Stop embarrassing yourself and dump your FTC for LTC before it gets delisted on btc-e.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: Conqueror on November 23, 2014, 11:21:46 AM
Litecoin's 24 hour volume is bigger than feathercoin's marketcap.Stop embarrassing yourself and dump your FTC for LTC before it gets delisted on btc-e.

Man I was missing this...


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: Wellenreiter on November 24, 2014, 07:13:42 PM
I like that humor


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: M8 on November 24, 2014, 07:32:25 PM
Meh. Wasn't FTC a copy of LTC? Not very innovative on that front.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: Conqueror on November 24, 2014, 07:45:08 PM
Meh. Wasn't FTC a copy of LTC? Not very innovative on that front.


it was a clone coin and it is not anymore, something changed = innovation.
To talk straight that innovation is new algorithm.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: Spamela Anderson on November 24, 2014, 08:06:30 PM
Meh. Wasn't FTC a copy of LTC? Not very innovative on that front.


it was a clone coin and it is not anymore, something changed = innovation.
To talk straight that innovation is new algorithm.

Aren't pretty much all alt coins clone coins with something changed slightly? I don't think either FTC or LTC will go anywhere without merchant adoption, though.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: iGotSpots on November 24, 2014, 08:10:07 PM

Feathercoin uses Litecoin's genesis block. Just sayin


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: M8 on November 24, 2014, 08:18:14 PM
Meh. Wasn't FTC a copy of LTC? Not very innovative on that front.


it was a clone coin and it is not anymore, something changed = innovation.
To talk straight that innovation is new algorithm.

Something changing a little doesn't make it innovative. I don't really think there's anything innovative with 99% of alts, especially not FTC or LTC.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: Conqueror on November 24, 2014, 08:49:32 PM
Meh. Wasn't FTC a copy of LTC? Not very innovative on that front.


it was a clone coin and it is not anymore, something changed = innovation.
To talk straight that innovation is new algorithm.

Something changing a little doesn't make it innovative. I don't really think there's anything innovative with 99% of alts, especially not FTC or LTC.

man that was pretty major change, you know shit about it...


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: oblox on November 24, 2014, 10:06:21 PM
Heh, LTC's innovation was cloning BTC, using scrypt over SHA256 and quartering the blocktime (also increasing max coin supply by 4x). FTC is a clone of LTC originally just offering 4x the supply of LTC. Now it has changed its algo. Big fucking deal. An algo change isn't an innovation. There is no more utility in LTC or FTC from the standpoint of BTC already offering.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: Conqueror on November 25, 2014, 08:31:42 AM
Heh, LTC's innovation was cloning BTC, using scrypt over SHA256 and quartering the blocktime (also increasing max coin supply by 4x). FTC is a clone of LTC originally just offering 4x the supply of LTC. Now it has changed its algo. Big fucking deal. An algo change isn't an innovation. There is no more utility in LTC or FTC from the standpoint of BTC already offering.

But developing the algorithm is. More secure and faster than scrypt, asic resitant, low temps.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: Conqueror on November 25, 2014, 10:03:38 AM
BBT episode 22:

https://www.youtube.com/watch?v=HMuZYi8U7iw&feature=youtu.be


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: calem on November 25, 2014, 10:18:50 AM
Recently ftc has acquired or begun development on;

+Plugin support.
                    -BitMessage
                    -ShapeShift

+Multisig

+Dark tx's

+RPi nodes

And this is since we forked to NeoScrypt which is literally an upgrade/improvement of scrypt it self.

We have no foundation or 100k a month budgets. Yet have done this within weeks on a shoe string budget. And by shoe string, I mean $0.

Profitability to mine ftc is around 2.6x that of ltc. - https://www.coinotron.com/coinotron/AccountServlet?action=home (https://www.coinotron.com/coinotron/AccountServlet?action=home)


As much is I did lol a bit, this post is antagonistic. I don't defend it, but I do defend Feathercoin.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: ftc-c on November 25, 2014, 10:33:01 AM
I don't like ASICs, I like feathercoin  ;D


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: El Dude on November 25, 2014, 11:26:36 AM
https://i.imgur.com/Txm3iAm.jpg


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: Bansheroom on November 25, 2014, 11:42:02 AM
Feathercoin

Vulnerable algo - check
Low marketcap - check
Zero merchant acceptance - check
Very slow innovation - check
Fanbois trying to promote - check


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: swansong on November 25, 2014, 11:42:51 AM
LOL indeed.

feathercoin is a copy cat of litecoin. daily litecoin volumes tell everything.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: El Dude on November 25, 2014, 11:43:35 AM
Feathercoin

Vulnerable algo - check
Low marketcap - check
Zero merchant acceptance - check
Very slow innovation - check
Fanbois trying to promote - check
Was already 51% attacked - check

you missed 1


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: Conqueror on November 25, 2014, 11:45:40 AM
I was hoping for more LTC bagholders pissed...
This is all you have?


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: El Dude on November 25, 2014, 11:51:55 AM
I was hoping for more LTC bagholders pissed...
This is all you have?

more on the way http://www.reddit.com/r/litecoin/comments/2nd368/lol/


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: BitcoiNaked on November 25, 2014, 11:53:40 AM
ltc won't have a future, appart from trading it doesn't make sense to hold it just like ftc, without btc-e it will be finished and btc-e allows it because of the volume for moneylaundering.



Title: Re: FTC vs. LTC vs. rock @lmao
Post by: Conqueror on November 25, 2014, 12:02:49 PM
I was hoping for more LTC bagholders pissed...
This is all you have?

more on the way http://www.reddit.com/r/litecoin/comments/2nd368/lol/

Thanks Dude!


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: El Dude on November 25, 2014, 12:03:52 PM
ltc won't have a future, appart from trading it doesn't make sense to hold it just like ftc, without btc-e it will be finished and btc-e allows it because of the volume for moneylaundering.



ya because like ftc  litecoin's only big exchange is btc-e LOL , Litecoin is on every big exchange in China.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: BitcoiNaked on November 25, 2014, 12:31:51 PM
ltc won't have a future, appart from trading it doesn't make sense to hold it just like ftc, without btc-e it will be finished and btc-e allows it because of the volume for moneylaundering.



ya because like ftc  litecoin's only big exchange is btc-e LOL , Litecoin is on every big exchange in China.

you can see litecoin is slowly fading away by watching it's price against btc and this time it won't have max keiser to save it


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: calem on November 25, 2014, 12:46:34 PM
So aside from Volume, what does ltc have on ftc?

You can say merchants is one but this early in the game I think it's silly to put all your eggs into the "We're Money" basket..

Haven't you all forgotten that this is all beta software? Now isn't the time to be spending your crypto's on pizza and cars.

Pft. We're slow with innovation... right.. so..

Does the ltc wallet have native qr code importing/exporting?

Multisig?

In-wallet cross crypto exchange?

Where's your dark transactions?

Bitmessage?

Plugin support built within the Qt?

I could go on..

...

Also, vulnerable algo...
https://www.feathercoin.com/dl/neoscrypt_v1.pdf (https://www.feathercoin.com/dl/neoscrypt_v1.pdf)
Quote
Although a very innovative design back in time, Scrypt has developed certain vulnerabilities. The first announced differential cryptanalysis of Salsa20/8 by Tsunoo et al. [5] in 2007 did not deliver any advantage over 256-bit brute force attack, but the following research by Aumasson et al. [6] reduced time complexity to break it from 2 255 to 2 251 with 50% success probability. It was improved by Shi et. al [7] in 2012 to 2 250. Although this is not critical yet, better attacks on Salsa20/8 may be developed in the future...
....



For shame. With all those resources behind ltc, you would think it would be doing a little better..


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: ftc-c on November 25, 2014, 12:59:02 PM
LOL indeed.

feathercoin is a copy cat of litecoin. daily litecoin volumes tell everything.

You're wrong. feathercoin had the new multisign address, prefix f. Litecoin is still 3. This is a problem for LTC.

See https://github.com/litecoin-project/litecoin/issues/179#issuecomment-62039275


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: ChekaZ on November 25, 2014, 02:17:45 PM
Feathercoin

Vulnerable algo - check
Low marketcap - check
Zero merchant acceptance - check
Very slow innovation - check
Fanbois trying to promote - check

Scrypt is way more vulnerable than neoscrypt, NeoScrypt does full salsa and chacha hashing, scrypt doesnt.
Litecoin doesnt have that many merchants, so what the point here.
Litecoins innovation stopped 2 years ago.
Fanbois still holding towards litecoin even tho they got a steady decline since dec.
Litecoins daily volume is fake and gay, okcoin fakes volume since 99 :d

EDIT: Litecoin got also forked in the early days, dont forget that guys.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: TheMage on November 25, 2014, 02:49:52 PM
I was hoping for more LTC bagholders pissed...
This is all you have?


Why?

This isn't a race or a competition regardless of what many people here seem to think. Instead of fanning the flames of hatred (and yes, thats both for FTC and LTC), we should be working together in order to bring on more mass awareness and adoption to non-crypto people.


Hate begets hate, and there is nothing productive with threads like these from any coin against another. We need to be working together not trying to tear each other down.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: BootstrapCoinDev on November 25, 2014, 03:00:16 PM
Litecoin's 24 hour volume is bigger than feathercoin's marketcap.Stop embarrassing yourself and dump your FTC for LTC before it gets delisted on btc-e.
I'd say if you forget both and jump in doge that would be much more profitable.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: Piston Honda on November 25, 2014, 06:23:18 PM
That's funny, lol.

But well, ironically those funds are just a stable as the rock  :-\


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: calem on November 26, 2014, 02:12:54 AM
Instead of fanning the flames of hatred (and yes, thats both for FTC and LTC), we should be working together in order to bring on more mass awareness and adoption to non-crypto people.

I came into the crypto scene a few months after ftc launched. Over the past 12 months  I have seen nothing but bashing's and abuse come from almost the entirety of the litecoin fan base.

Once again, I don't condone this sort of thread or a behavior, but we were never the first one who threw any stones. Some of the longer standing team members have had to put up with some seriously rude behavior. Entire threads where litecoiners talked about intentionally banding together to rip ftc apart..

Can you imagine now why sometimes, we like to have a little fun at ltc's expense.

If you guys can't take a joke, please don't make fun at our expense first, otherwise post's like this would never happen from our end as we don't have enough people to be focusing on things OTHER then development.

edit


Anyways, I'm done here. Sorry if my team offended anyone.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: clubsofsteel on November 26, 2014, 02:14:20 AM
nice chart brother


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: TheMage on November 26, 2014, 03:08:37 AM
Instead of fanning the flames of hatred (and yes, thats both for FTC and LTC), we should be working together in order to bring on more mass awareness and adoption to non-crypto people.

I came into the crypto scene a few months after ftc launched. Over the past 12 months  I have seen nothing but bashing's and abuse come from almost the entirety of the litecoin fan base.

Once again, I don't condone this sort of thread or a behavior, but we were never the first one who threw any stones. Some of the longer standing team members have had to put up with some seriously rude behavior. Entire threads where litecoiners talked about intentionally banding together to rip ftc apart..

Can you imagine now why sometimes, we like to have a little fun at ltc's expense.

If you guys can't take a joke, please don't make fun at our expense first, otherwise post's like this would never happen from our end as we don't have enough people to be focusing on things OTHER then development.

edit


Anyways, I'm done here. Sorry if my team offended anyone.


I make a proactive effort and try to set the bar to ensure that Litecoin community members do not bash other coins. Ive seen the amount of bashing significantly reduced to be honest. There are always going to be trolls, and they normally speak the loudest, so it may seem that its a constant stream when its only a few people.

I'm sorry that there are still some residual elements from the past, hopefully going forward those elements can be rectified. :)


PS my initial post was to everyone, not directed specifically towards feathercoin (which I did specifically state lol).


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: calem on November 26, 2014, 03:14:45 AM
I was gonna leave the thread but I'll make one last post.

PS my initial post was to everyone, not directed specifically towards feathercoin (which I did specifically state lol).

Oh I understand, that's all good ahy. (I actually hold a bit of ltc, so I have nothing personal against it)

Cheers for been the voice of reason. We need more like you ahy!


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: TheMage on November 26, 2014, 03:42:37 AM
I was gonna leave the thread but I'll make one last post.

PS my initial post was to everyone, not directed specifically towards feathercoin (which I did specifically state lol).

Oh I understand, that's all good ahy. (I actually hold a bit of ltc, so I have nothing personal against it)

Cheers for been the voice of reason. We need more like you ahy!


Thank you :)


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: kelsey on November 26, 2014, 05:29:27 AM
ltc won't have a future, appart from trading it doesn't make sense to hold it just like ftc, without btc-e it will be finished and btc-e allows it because of the volume for moneylaundering.



ya because like ftc  litecoin's only big exchange is btc-e LOL , Litecoin is on every big exchange in China.

Yep the only ltc exchanges I trade on are the big chinese ones as they have the most volume (I know many US type exchanges etc claim the chinese exchange vol is fake which is bs).

LTC will survive as the big traders (and miners) its their main alt play, liquidity attracts the traders, face it no cryptos really being used to their potential the main use for all is trading tokens, and at that all dreamers aside LTC is the best......

Innovation in alts lol thats just the scammer catch cry to sell you their latest scam.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: Conqueror on November 26, 2014, 08:52:07 AM

I love this picture.
Yes LTC is bigger much bigger, no doubt about that, maybe to big to fail now.
Just note that no fees=faking volume @China.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: El Dude on November 26, 2014, 08:55:45 AM
Congrats Conqueror

By trying to bash litecoin you just made everyone aware of how crap feathercoin is and how litecoin is the best altcoin.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: Conqueror on November 26, 2014, 10:45:25 AM
Congrats Conqueror

By trying to bash litecoin you just made everyone aware of how crap feathercoin is and how litecoin is the best altcoin.

Are you crazy? I love LTC.
I hope FTC will die.


Title: Re: FTC vs. LTC vs. rock @lmao
Post by: krisdavison on November 27, 2014, 07:14:03 PM
Im not really one to get involved in this type of thread but I'm surprised there has been no real defence of LTC not innovating and just being a downstream clone of BTC with a switched algorithm.

Not to say it's not working for litecoin. They do have a large trading volume.

To be fair that is where FTC started off over a year and a half ago but its come quite a long way with the algo change and all the innovation that's being added to the technology.

Even BTC is innovating but maybe at a slower pace due to the size. I don't really think any crypto can rest up on the work that was done 2 years ago and expect a bright future.

Am I wrong has there been any innovation in LTC?