This would make Litecoin more widely adopted among Bitcoiners, and thus increasing its value exponentially.
I couldn't care less about other bitcoiners. What matters is the general public. I guess we'll find out when it hits gox in less then two weeks. No need to panic now. Keep calm everyone. Well... IMO, Bitcoiners are inherently more likely to use Litecoins because they are already well versed in the way that crypto currencies work, making them a prime target market for the expansion of the Litecoin community. The know how to make a paper wallet, they know how to mine, they know how to exchange, etc. They would be able to fit right in immediately.  And of course I'd like to see many new Litecoiners from the general public as well, but to just brush off the largest user base of crypto currencies (Bitcoiners) is a bit absurd. My take. Bitcoiners have dismissed LTC since it's inception. What they need is a swift kick in the ass to help them out. I'm not dismissing them. Only I have given up on their blinders, (I.E. there is only one gold.. there is only one currency, et cetera, et cetera) Until we see serious investment from the general public and we will once ltc hits gox, we wont see them on board. After that.... sure. But this will all happen organically. Not forced... Just wait and watch. |
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This would make Litecoin more widely adopted among Bitcoiners, and thus increasing its value exponentially.
I couldn't care less about other bitcoiners. What matters is the general public. I guess we'll find out when it hits gox in less then two weeks. No need to panic now. Keep calm everyone. |
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Lol... the "crash" isn't over yet.
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Read the charts and learn something. The charts are still saying this isn't over yet.
Oh that's right, "BTC can't be compared with charts." As I've heard so many times here. LOLLOLOLOLOLOOL. People really will fall for anything.
Not sure exactly what you are suggesting. But I actually agree with you about both charts utility and "that this thing is not over yet." Oh, that was not directed at your op. I was just saying in general to other people with their heads in the sand. Sorry for not making that clear. Cheers and good post. |
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It just seems like the lines between a long term investor and short term are not so different right now.
I don't see that. Someone wanting to buy black tar heroin right now is going to buy and spend, right now. Someone wanting to buy silver right now, will buy and spend right now. Someone wanting to use BTC as a store of wealth will do so. Some people want to buy and trade in the short term as they are doing right now. I don't see how this is any different than any other market that exists in the world. We are watching the precious metals go through the same thing right now. How are we different? |
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I'm neither. I don't buy on emotion. Money can be made in a "bear" or "bull" market. Read the charts and learn something. The charts are still saying this isn't over yet.
Oh that's right, "BTC can't be compared with charts." As I've heard so many times here. LOLLOLOLOLOLOOL. People really will fall for anything.
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We need that capitulation event so that we can move on...  We still aren't there yet. There is still much denial but also a lot of fear.... Can't tell if this is pre bulltrap or just after. Oh that's right... BTC doesn't react like other markets even though it is proving that is does for the second time. Keep it coming, I love bacon. |
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I just don't think Litecoin needs this as much as you are implying.
Sure. Litecoin doesn't need anything per se. But surely the Litecoin community values being valued, and there's no reason to assume that there wouldn't be an interest in being valued more. It will be valued when it goes to Gox. This has already been confirmed... Op's head stays in sand again. CoinHoarder is right, This doesn't help Litecoin as much as OP is implying. He's trying to reverse the argument when it's BTC that needs LTC help more than LTC needs BTC help. OP needs to admit that or move on. |
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Like I said dude. Keep yapping. LTC is going to Gox whether you like it or not. LTC does not need BTC. BTC actually needs LTC for security as you've already stated in your OP.
Cheers
Coblee has stated that he's going to keep Litecoin one release behind Bitcoin. How does that make Litecoin not dependent on Bitcoin  Bitcoin is testing the waters for Litecoin. In a way, Bitcoin development is more risky than Litecoin, because if BTC break due to a recent development problem, it will not affect Litecoin. As an example, look at the last fork that happened to Bitcoin. Litecoin wasn't affected and we know how to prevent it since Bitcoin tested it before Litecoin did. Amen.... Bitcoin needs LTC more than LTC needs BTC. Period. And thanks to asics, BTC's need for help from LTC has just quadrupled. There is zero reason for LTC to become BTC's bitch now. It's bitcoiners that need ltc help not the other way around. And unless it's mutual. I see no reason to help them as they've kept us down from the beginning. Bitcoiners in general need to wake up. |
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You seem to underestimate just exactly how tethered Litecoin is to Bitcoin. Unless Bitcoin sinks due to an attack that Litecoin is immune to, Litecoin is going down with any systemic/sociopolitical/reputational Bitcoin failure, because it is Bitcoin with a different logo.
Actually on LTC/BTC today litecoin has actually gained on bitcoin. Meanwhile BTC is dropping like a stone and LTC is not. So, my assertion that Litecoin's future is tethered to Bitcoin's is in error, because of one day's worth of market activity? (or one month's? or one year's?) Like I said dude. Keep yapping. LTC is going to Gox whether you like it or not. LTC does not need BTC. BTC actually needs LTC for security as you've already stated in your OP. Cheers |
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You seem to underestimate just exactly how tethered Litecoin is to Bitcoin. Unless Bitcoin sinks due to an attack that Litecoin is immune to, Litecoin is going down with any systemic/sociopolitical/reputational Bitcoin failure, because it is Bitcoin with a different logo.
Actually on LTC/BTC today litecoin has actually gained on bitcoin. Meanwhile BTC is dropping like a stone and LTC is not. So much for being tethered. Cheers. |
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LTC will step out on its own and stand alone, separately successful from BTC. The purpose of Litecoin is not to prop up the failings of BTC.
Sort of how dollar-denominated gift cards to Applebees stood up and stepped out on their own as currency, separately successful from plain old fiat cash? Lol, nice try but Gox has already confirmed LTC is going to their exchange. Once this happens ltc will have plenty of publicity. It seems your op thread only would benefit BTC. Unless BTC does this too as a mutual partnership with LTC, my vote is no to LTC being BTC's bitch. I don't care if you make physical litecoins or not. Someone sooner or later will. Sorry you choose to ignore and lose an entire market. But that's your choice. Cheers. |
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But you keep waiting for that "dip" you keep talking about.
And it's down again. Hit a low of 71. Cheers! |
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"the one person that would most likely be paid by ones you mention"
This.
How are people with 20 posts getting out of the newbie cage? Another 10 percent drop since I've posted. These stupid questions make me wonder..... How much dumber can humanity get? Much it seems. |
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It will be close, but it's going to hit that point at some time during the day.
Nope... Wrong again. |
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I think everyone is too tired to panic at this point.
The guys who held during the nose dive probably have either balls of steel or don't give a flying banana about the money they got in that 'game' (either they got their coins early on, or it was small fry money).
Um.. check the charts... another 10%+ drop. |
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So, speaking too soon?
And it's dropping hard again.... |
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This bubble is massive.
Ah, please. And it's crashing down hard again. You were saying? |
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Proudhon, I have a few questions for you.
Do you think BTC is enough of a threat to the mainstream fractional usury currencies that the centralbanks would bankroll (pay) people to go on BTC forums and give consistently negative opinions about everything to do with BTC?
Do you believe the 266 to 55 crash was orchestrated by a handful of operators trying to crash BTC completely?
For the record, do you yourself own any BTC? Tens, hundreds or thousands?
If you, yourself, believe any of the questions you have just asked then why would you be asking the one person that would most likely be paid by ones you mention above and expect an honest answer? Holy Jesus, I think my IQ has dropped since visiting speculation. |
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I bought in at $100 with some short term gains from $60 and will be holding for the long term. A problem with this would be if the bears are right about a slow downward slide, like after the last "bubble".
The bears have a vote only up to the number of bitcoins they are willing to sell on the way to $30. Do you honestly think any of the bears here are long any bitcoins??  I'm long, yet I'm still not stupid. I hold many btc yet I've liquidated almost half due to recent events. Only those in denial still hold all BTC. Edit: To op's question. NO. |
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