My problem with Litecoin is the self-serving subservience. When needed they just use Bitcoin in the same sentence to justify a position which has no literal connection or sense.
That is the self made "little brother"/"sister currency" fallacy used to impress on newbies. That is a Chinese way
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accept both BTC and LTC will succeed.
why? because you're invested in both?
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Coinbase is more likely to add NXT next why would they want to add a loser whose market cap is falling. Coinbase has a money transmitter license in US, they understand they need to gain a large market share of NXT before someone else does. Yup that's why Coinbase hired the creator of NXT because they want to add a shitty IPO coin. I gotta get out of here my laughter is waking people up. care to place a bet ?
1) Sure, escrow or just bet and hope we stand by our word? how much? 2) And July is the soonest I expect it, but I wouldn't bet on that. But somewhere before end of 2014 - that's for sure. If you're ok with the bet being before end of 2014? you said July I'll bet 50 LTC that Litecoin has a higher hashrate then dogecoin on August 1st 2014. I corrected myself that July is the soonest I expect it, but I wouldn't bet on it. I would bet on "before end of 2014". If you're sure Litecoin is going to stay ahead of Dogecoin and Dogecoin will just die, it should be ok with you. That is, before January 1, 2015. And sorry, I don't take Litecoins, as I don't expect them to cost much in 6 months, let's do 1 BTC as the common denominator. 6 months is too long. Not, if you're sure about Litecoin as you claim to be.
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Coinbase is more likely to add NXT next why would they want to add a loser whose market cap is falling. Coinbase has a money transmitter license in US, they understand they need to gain a large market share of NXT before someone else does. Yup that's why Coinbase hired the creator of NXT because they want to add a shitty IPO coin. I gotta get out of here my laughter is waking people up. care to place a bet ?
1) Sure, escrow or just bet and hope we stand by our word? how much? 2) And July is the soonest I expect it, but I wouldn't bet on that. But somewhere before end of 2014 - that's for sure. If you're ok with the bet being before end of 2014? you said July I'll bet 50 LTC that Litecoin has a higher hashrate then dogecoin on August 1st 2014. I corrected myself that July is the soonest I expect it, but I wouldn't bet on it. I would bet on "before end of 2014". If you're sure Litecoin is going to stay ahead of Dogecoin and Dogecoin will just die, it should be ok with you. That is, before January 1, 2015. And sorry, I don't take Litecoins, as I don't expect them to cost much in 6 months, let's do 1 BTC as the common denominator.
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ugh that would be so bad if it happens
for whom?
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care to place a bet ?
1) Sure, escrow or just bet and hope we stand by our word? how much? 2) And July is the soonest I expect it, but I wouldn't bet on that. But somewhere before end of 2014 - that's for sure. If you're ok with the bet being before end of 2014?
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Coinbase is more likely to add NXT next why would they want to add a loser whose market cap is falling. Coinbase has a money transmitter license in US, they understand they need to gain a large market share of NXT before someone else does.
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at this point in time it's obvious you don't look at facts and just what to see your doge quarks or wtv other crapcoin you hold beat litecoin , instead of laughing in your face again I'll let you look at pictures since you might understand better. Exactly, you see that slide in Litecoin's hashrate in the past week. When Litecoin goes to 0.01 as its trend clearly indicates and Dogecoin keeps slowly rising due to less coins hitting the market because of smaller rewards, the hashrates will meet each other (some time in July), and then separate again, but this time Dogecoin's would be at the top.
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so you think a coin with no hard cap and a coin with block rewards that half too fast making it extremely unprofitable to mine will overtake Litecoin ?
A coin - no. Dogecoin - yes.
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I actually think Dogecoin will outrun Litecoin
I'm guessin you failed not only basic economics but also simple math at school then. Rest assured, since school I've learned a thing or two on how economy works in real life, not in books.
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Litecoin is one of the longest running scams in the cryptocurrency world. Very much look forward to keeping an eye on it's gradual & inevitable demise
It is not a scam, it's just a copy-cat. Some copy-cats can be successful, I actually think Dogecoin will outrun Litecoin, because it brings something new compared to Bitcoin. Dogecoin has a small technical innovation in the code that changes economic perception of the currency (large coin base and small infinite inflation allows for easier spending and faster circulation = adoption) + fun meme appealing to teens who are most active in the social networks = marketing. Litecoin doesn't change economic parameters or perception compared to Bitcoin, thus Litecoin becomes redundant. There are other potentially successful copy-cats, like Myriadcoin, because it also brings some innovation in the aspect of network security and resistance to 51% attacks.
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... but you always have to worry about 51% attacks and such. With NXT you just don't have those worries...
I need to have a crash course on the actual mechanism that solves the Nothing-at-Stake problem in NXT! My current understanding is that there is none, and it is therefore a no-buy. The best place to ask is nxtforum.org as all the devs have moved there now. I am not technical enough to explain. Likewise, I am not technical enough to explain how Bitcoin works exactly. The point for a user is, both Bitcoin and NXT solve the consensus issue, except in NXT you can't easily buy 51% of the mining power.
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litcoins not in freefall, simply btc has rallied against fiat, litcoins held its ground against fiat. Last time btc major rally ltc did go properly backwards at first, then went to new highs (and then some) against fiat. Ltc's doing better against btc atm then that rally so its actually looking good.
What do you think will happen when Litecoin keeps holding ground against fiat at the $10-11 range and other 1-2-3 alts will keep rising against fiat? Many people are into cryptos not just to keep their fiat in, but for profit. Where is the profit if an alt is selling at the same fiat price for a long time?
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damn. no i did not know that happened. that is indeed way more significant. .017 looks less sturdy now.
Yeah, it took about a week to go thru the 100k LTC buy wall, 2k LTC will take a few hours. It's all a slow free fall from here to 0.01, there it can stay for while. LTC had its glory days, but not these days for sure.
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Volume is still up there as #2, so price is not the best indicator.
Yeah, but ltc/btc keeps going down steadily and surely, which means all those daily 28 800 mined litecoins are being dumped on suckers, who keep buying in hopes it will resurrect. But it's not 2013 now, a lot more interesting coins are here and capital has been flowing into those. Old hopes are hard to throw away, but at some point people would have to cut their losses and move on.
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If you choose which scrypt coin to invest in, I'd pick Dogecoin. Technology is the same, but Dogecoin's community can make things happen as the history shows. However, both Litecoin and Dogecoin would make you worry about 51%-attack all the time just like Bitcoin, which isn't very good for your health. Choose healthy coins, like NXT
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the issue is long solved and was much smaller than expected.
I think the biggest advantage of counterparty protocol is that you do not need to go the way btc-> nxt -> asset. you can simply buy the asset with btc.
the "currency" (xcp) of the protocol has a completely different function. it can be taken in escrow on the blockchain (until now impossible with bitcoin). It will be probably in short term be used for betting, mid-term for CFDs and long term as insurance.
BTW I used NXT AE and I was quite impressed by the easy to use functionality as well as the speed. kudos.
Ok, if the issue was solved, that's fine, I actually liked XCP when I used it in its early stages, although it was quite buggy then, until NXT AE came along. XCP can survive, at least as long as Bitcoin survives, but you always have to worry about 51% attacks and such. With NXT you just don't have those worries and time between blocks is much shorter, so trading is closer to centralized exchange speed of trading. FIAT->BTC->NXT->Asset will soon be shortned to FIAT->NXT->Asset, as there are fiat gateways under way, that's just a matter of time.
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You should try both XCP and NXT AE to see the difference in speed. XCP developers also had an issue with the Bitcoin developers after the latter changed something in the Bitcoin protocol which prevented XCP developers from doing some features or somehow limited their options, not sure about the details, but the point is, any DEX riding on top of Bitcoin network will always depend on good will of Bitcoin developers, and that doesn't inspire confidence in investors' minds. Oh, and did I mention that order execution is slow?
Bitcoin does only one function. XCP does another function.
NXT does both of those + 2 more, and adding a few more in the nearest future.
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[...] it has features which NxT doesn't have [...]
Now, you got me interested. Tell me which. Yeah, it's even more hilarious because he didn't even see NEM software, we don't even know it exists at all, all there is is a couple of screenshots that any half decent designer could photoshop in 1 hour
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