Sure, but businesses are obliged to accept only AUD for their goods and services and pay taxes in them, effectively making all other currencies redundant. This gives AUD exclusive rights in that land. Same goes for all fiat currencies in their respective lands. For cryptos it's different, that's why you can't make an argument that because AUD feels fine in Australia and is not replaced by USD, Litecoin would not be replaced by something else either. Cryptos are all over internet, they are not restricted by land boundaries, they can freely cross borders, hence there is only #1 and losers.

Awesome! That's the one that was supposed to be created after taking a snapshot of Protoshares, correct? And then we can import the Protoshares private key into that BitSharesXT blockchain?

That's because the Aussie government made it the only legal tender on the Aussie territories by power of law You can't compare fiat currencies with cryptos, as there is no preferential treatment for cryptos in the law. Some countries outright ban all of them, some are more friendly, but no country has made any crypto a legal tender yet, that's why all cryptos are in the same position in any given jurisdiction and can compete only on their own merits.

Great idea, I might just do it one of these days. It's been quiet here in regards to their development. I visit their forums once every few weeks, but see it's all still being tested as 3 months ago, that's why I asked if there was any break-through.

I don't believe BCNext even exists. If you ask me, I think CfB is BCNext, but whatever, all we can do here is just guess.

#1 in cryptos (market cap, volume, adoption, whatever, everything). If you don't have ambition to be #1, you lose every time. If you have this ambition, you have a chance to win. Same principle anywhere.

What the heck are you smoking there? Made up a myth and believe in it yourself?

Has their been any progress with Bitshares recently? Are they close to releasing any of their flagship products?

You can't miss the LTC boat, it will be as cheap as five buck in a couple of months, the boat is coming right back to us, but it's a one-way trip this time I suspect if the devs don't show any ambition to strive for #1.

In a half-ass way - maybe, but to properly test and get rid of major bugs it takes time. I used an alpha version of Counterparty and lost some funds due to a bug, which kinda gave bad impression about Counterparty. Though I don't dislike it for that, I prefer NXT AE because it was thouroughly tested before it was released, your money doesn't vanish into the blockchain without a trace when you use it. So there are two approaches essentially: test with users' funds or properly test first and then release. Both approaches take a few months as Counterparty and NXT development process shows, and still there are some minor issues left, although not related to loss of funds.

You guys really believe AE can be implemented in a week by one Qora developer, when it took NXT devs 2-3 months and it's not fully done yet, the automatic dividends payouts is still in the works. Just be realistic here. NXT devs also promised that AE will be there in March, NXT got it in May only. Counterparty still working out bugs with their AE. Software engineers overpromise all the time, especially when setting deadlines.

+1

The average price buyers are willing to pay jumped from 17 to 30 satoshi at Poloniex as the Qora developer shows progress. When is v9 coming?

That's exactly what makes Litecoin redundant.
Why have LTC in the first place if it doesn't strive to get to top and only does what Bitcoin does?
Silver to Bitcoin's gold is a false statement, because in real world silver has qualities that no other metal has, that's why silver is valued. LTC doesn't have unique qualities compared to Bitcoin and doesn't even want to implement them per your words.

I am not anti-LTC, I try to stay objective and I did say something new here:

https://bitcointalk.org/index.php?topic=648429.msg7305163#msg7305163

it's not like anybody paid attention of course.

What the heck, why would he want a reason? Is there some sort of obligation for bitcoin core devs to keep their money in bitcoins? Do they have to publicly explain when they cash out? I don't think so, it's their money they are free to do how they like.

Mostly because he re-iterated all the same irrelevant things you had already said before him. Probably reading from the same scrypt

No. What I posted above is one of the indicators I use for trading, but it's not the only one, of course. It would be crazy to base trading decisions on just one. Even several don't provide a clear picture. Do what you like with this information, including throwing it into a trash can, I don't care.

Not quite useless. I noticed that when the average price buyers are willing to pay is close to the current selling price, the market is ready to move higher or actually trending higher already. When the average price is way below the current selling price, it means there are simply not enough buyers and the market is trending lower. I believe current average for Bitcoin is $400 or something like that, meaning there is a build-up of bearish sentiment on Bitcoin. It's all momentum based too, it can change very quickly. Just do those calculations every time you want to trade or every day and you'll see what I mean and will notice price moves connected to that average price.

Dude, I divided buy by sell, there is only one side to my calculations, no other side.
You wanna do it backwards and divide sell by buy? That would only be possible if the main trading currency was qora, not bitcoin, and will be possible on the Qora asset exchange only if it's coming. On most exchanges the trading currency is either bitcoin or usd.