Instead, Litecoin and Bitcoin should be looked at as MasterCard vs. Visa. Most merchants accept both (except for my local DMV which only accepts MasterCard...go figure) and they both serve the same purpose.
Good point. This Bitcoin gold, Litecoin silver is just a clever marketing ploy. |
|
|
|
LTC price is still low enough so that room for increasing its value is huge.
On the other hand there is plenty of room to drop more.  Who cares when LTC price drops down to 1 USD/LTC from its current price of 2 USD/LTC (that represents 50% of loss)? Now what happens if BTC price loses about 10% of its value? Do you see the maths here? Who cares? Well the Litecoin holders will care for starters. So your saying it's better to take a 50% loss rather than a 10% one?  |
|
|
|
LTC price is still low enough so that room for increasing its value is huge.
On the other hand there is plenty of room to drop more. |
|
|
|
So I suggest diversifying and look at the trend which says scrypts are dead and so diversify into SHA256 coins and I would strongly advise to buy a few thousand ixCoins.
Good luck!
I would rather buy PPcoin than any iXcoins. |
|
|
|
That's pretty much all I have to say.
PS: I see some mention of Gox finally having "Midas" in place ... and that supposedly "Midas" will "enable" them to carry other currencies. Obviously that would include Litecoin.
Any idea when Midas is going live?
Your pissed because your not rich yet?  Nobody cares about MtGox anymore. Deal with it. |
|
|
|
But a major Govt actions on BTC are in the pipeline.
Bitcoin and all altcoins will be regulated under the same cryptocurrency umbrella. Alts will provide you with no protection. |
|
|
|
Honestly wtf. Pathetic.
Yes, asking for a donation in a currency (Bitcoin) that you openly wanted to destroy is very pathetic. |
|
|
|
bubble will pop sub 150 - the bitcoin value has risen to high too fast, a crash is inevitable, i know i won't be the bag holder, i'm looking forward to cheaper coins
If you want my coins you'll have to pay more, not less! |
|
|
|
I remember it was a fairly large laugh, because at the time, Realsolid was trying to convince people that solidcoins were better than bitcoins, but yet he was asking for donations in bitcoins.
LOL Anyone got access to that image that used to be on the Solidcoin site he made of a Bitcoin getting exploded apart by a bullet? He might not respond at all..
He's stuck between a rock and a hard place, because if he doesn't respond to defend himself he looks guilty. But if he does respond, he'll have to answer 'difficult' questions. |
|
|
|
|
Don't worry about it. I told someone about Bitcoin and they replied "Sounds like some people have too much spare time on their hands."
*shrug*, I haven't brought it up in conversation again with that person.
You have to accept that some people just won't be interested.
|
|
|
|
Capitulation soon. Retrace back to the low $100's. look at the chart. every action there is always an equal and opposite reaction. it cant keep going straight up forever. mark my words.  damn I am good made my call and lo and behold a little mini flash crash 5 hours later. It went nowhere near $100. That was an horrific call. Perhaps it's you doing that tree shaking. it cant keep going straight up forever. mark my words. Thank you captain obvious. |
|
|
|
"Total Bitcoin collapse by weeks end!" is what the thread title should be, because we all know it;s going to collapse in on itself, again, like a black hole. -_-
Can you be a little more specfic with the timing so I can cash out? |
|
|
|
Yup the bubble popped and btc went almost all the way down to its support level. BTC grows 1000% per year. 6 months ago the support was $50 - so now its at $50 * 10^(0.5) = $158.
Good point. |
|
|
|
|
I got a feeling experienced traders are playing games with you lot.
Think I'll keep my coins safety in cold storage.
If others want them they will have to pay me more for them, not less. A *lot* more.
|
|
|
|
|
It's bounced up. Hope it's not a 'dead cat' type or you'll get burned.
|
|
|
|
Looks like Litecoin might be on it's way back up! Yeah it's due for a bounce soon. Hope it's not the 'dead cat' variety. |
|
|
|
|
Yes the initial distribution of the coins is the problem. You'd end up doing a Ripple.
|
|
|
|
And yes I have heard cases where BTC took over 30 mins to confirm in some odd cases.
I've previously waited for an hour before a block was found. I'm not the one who wrote that (not sure how the quoting ended up here). But there are many cases of 1 hour blocks, yes. You'll get the same variance with any blockchain; time between blocks is only an average. This is why waiting for confirmations, however fast they are supposed to be, isn't practical. Sorry, corrected it now. I was trying to feed a baby in one hand and type on a tiny phone screen in the other. |
|
|
|
And yes I have heard cases where BTC took over 30 mins to confirm in some odd cases.
I've previously waited for an hour before a block was found. |
|
|
|
If I had been solo mining since I starting mining around summer last year, I would have made a lot more than I have from pool mining. I have found 2 blocks, which if I was solo mining would have given me 75 BTC. And just a few days ago, I almost found another block, but the share difficulty was only 266M, just 1M short.  Yeah I see what your saying but if you was solo mining the block header you was hashing would be different. In other words you would of never found those high difficulty hashes. On the other hand you may of found more! You'll never know. |
|
|
|
|
Show Posts
