Compare the volume.

Here's how the stars can align for LTC:

1) SegWit
2) Confidential Transactions
3) BTC forks and BU becomes the dominant chain
4) Coinbase adds Litecoin (not just GDAX)

1 & 2 alone are a $20 target for me.
Adding 3 is a $50+ target.
4 kind of just reinforces the Core chain dying and being replaced by LTC... core devs can start "fresh" on something that doesn't have the bad stigma of the BU fork, and is already technically better than Core: $100+ (bubble, not maintained)

One can dream right?

We've seen LTC do "this" before, so I also won't be surprised if I wake up tomorrow to $4.50 again, much like I woke up to $7 today.


Pools are being lazy, but the other reason could be that whales need time to accumulate positions. Once they have them, flip the switch f2pool...

Jump on this huge spike in volume trainrocket immediately. I just dumped the remainder of my BTC into LTC (except 1 BTC I have on localbitcoins). The reason is because Litecoin can do SegWit and LN sooner than Bitcoin and Bitcoin probably can never activate SegWit and LN. Litecoin is the escape valve for Blockstream (Core) so they don't become irrelevant:

Basically you're looking for something to be the next BTC or ETH. Not gonna happen with your short time frame.

Obviously the guy who sold a pizza for 10,000 BTC would argue that it is difficult to predict the future.

$10 / 10,000 = $0.001 per BTC and now $1000 per BTC (aka $10 million for the 10,000 BTC). But who would've known at the time.

That was before it was common knowledge that blockchain tokens have real world value.

Normally the only way someone makes those million-times gains is by being surprised. If there is no surprise then there is a lot of competition.

Unless perhaps you are true believer like Roger Ver. But now look how Roger Ver's incompetence and lack of foresight is causing him to maybe end up destroying his BTC (although he probably did well on his Dash pump).

Seriously I can't even predict the outcome of my own work. I am just a true believer like Roger Ver, but at least I (afaics) have a higher level of technical competence than him (which probably isn't saying much, lol).

I think the more salient and objective question is, "Is the Nash Ideal Money small block model of Bitcoin going to become widely adopted and will it preclude any other blockchain design from doing so?"

And the follow on question if that answer is "No", thus is "Is there any other design for a blockchain what will become very widely used in the world?".

Many groups and people are trying to answer those questions.

I have some very specific reasons to prefer my work, but I am not going to enumerate them here. This thread is in the wrong discussion forum for that. I started this thread as a wakeup call on the risks and opportunities ahead, but I will not start a discussion about specifics of altcoins in the Bitcoin Discussion sub-forum.

What is a bigger fork?
BU which changes one parameter or Segwit which changes a whole bunch of code and is much farther away from the original Bitcoin? Satoshi himself said the block limit is only a temporary thing. So which one is a real forked code here?

If you respect what Satoshi said, you must respect this too. He said, quote:

"They vote with their CPU power, expressing their acceptance of valid blocks by working on extending them and rejecting invalid blocks by refusing to work on them. Any needed rules and incentives can be enforced with this consensus mechanism."

What miners think is true Bitcoin is Bitcoin according to Satoshi. You can't cherry pick some quotes, respect all of his vision or none.

The network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work. The longest chain not only serves as proof of the sequence of events witnessed, but proof that it came from the largest pool of CPU power. As long as a majority of CPU power is controlled by nodes that are not cooperating to attack the network, they'll generate the longest chain and outpace attackers.

Those discussions are very technically detailed with deep game theory, economics theory, and blockchain expertise, thus it would be difficult to follow (even for myself if I had tried to read that in 2013). We could explain all that to you in simpler language if we had time to summarize it, but it isn't my priority right now to make sure everyone understands all those technical details. That discussion you referred to also made me exhausted. I have stopped that discussion now, as I convinced myself that OpenShare is absolutely needed for decentralized scaling on unlimited transactions, not just payment transactions but many of the decentralized database transactions on the Internet, such as replacing many of the websites you use now with a decentralized database including Facebook, StackExchange, Google Playstore, GitHub, etc..

You said you have 25 BTC and a 19" flatscreen sells for 0.15 BTC. I think given crypto investing is your current vocation, perhaps consider it a wise expense.

I can't guarantee it, but my read of the chart is that ETH will outperform BTC. Remember I told you and everyone I bought it at $45 a few days ago, and now it is $52.

XMR also looks like a solid speculation after recent pullback, especially on any pullback to $15 (I won't pull the trigger until that dip bcz I am satisfied with holding ETH).


For near-term protection of intellectual property reasons, I am not ready to reveal the specific design of the OpenShare blockchain and consensus algorithm, although it will all be revealed and open sourced eventually (we really need to accelerate the coding). Again, no ICO is planned, so I am not obscuring to try to trick any speculators.

But I can give you a general description for now, which might satiate your curiosity for the time being.

The OpenShare design doesn't attempt to prevent a power-law distribution of the tokens (i.e. whales) because that would not be possible to prevent. Power-law (or exponential) distribution of resources is the norm in nature. The tokens will be distributed to the app devs, users, and content producers, so we aren't necessarily distributing them to whales initially. The distribution will be meritocracy where those who receive tokens do so because of some objectively verifiable "work" they provided to the ecosystem. Speculators will have to buy them from those groups.

Instead the design (in theory) makes it impossible for the whales to force onto to the rest of the users what the protocol will be, and it makes it impossible for any node in the system to misbehave because the system objectively detects malevolence and routes around it without employing PoW. Think of my design as a hive of bees, that routes around obstacles or attacks and attacker. That hive acts as one brain, but no one can control it, because it isn't voting (and thus doesn't have the problem of voting). Contrast this with for example how the whales in Bitcoin can dominate the economic rewards of the blocks and then make sure only their approved miners get those rewards.

I don't want to try to characterize the difference in security comparing OpenShare vs. PoW, because I think my design is comparable in security, but this needs to be heavily peer reviewed because the game theory for new consensus designs is very complex. Really you should trust nothing until it has been heavily peer reviewed. But any way, when we launch there won't be a lot of value at stake and the peer review will come before there is a lot of value invested into the system.


That is why I won't make it open source immediately. Once we have say 10,000 users then we'll have enough of a lead. Once we reach critical mass of 10,000 users, we'll probably quickly reach 100,000 then a million. That assumes we have plenty of apps ready. So I am hoping we can interest some app developers to be in early on this. They will get so many tokens if they do and become likely very wealthy. If I have to write the initial apps myself, this won't get launched in 2017.

I want to get the forum operating asap so I can start working with app devs.


I was thinking just to put the forum on the main domain in a subdirectory or forum.opensha.re.


Did I answer your questions? Feedback is appreciated from readers.

(Note my forehead on keyboard sleepy while writing this so please excuse any errors in the prose)

Once you saw Dash grow x10 you see anything is possible. Soon you will be able to trade 100 DASH for one BitcoinDark.  There is lots of idiots with huge bags of money.