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Author Topic: LiteCoins  (Read 478 times)
Jake.Hobson (OP)
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May 21, 2013, 08:59:49 PM
 #1

I admit to being a little skeptical about LTCs.  While I will probably mine a few along with legacy GPUs, I don't understand the purpose of the multiplicity of the the digital crypto currencies.  I heard of the analogy "LTC's silver to Bitcoin's Gold", but I am still trying to figure out what that means practically.
Bunny84
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May 21, 2013, 09:17:02 PM
 #2

LTC is better than BTC in several ways, f.e. speed of transaction or safety or mining.... etc
pavimus
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May 21, 2013, 09:31:02 PM
 #3

i think LTC is more perpective at now. LTC/BTC exchange rate is growing in time. Some last months LTC/BTC growed in many times. Next growing may happen when LTC come to mtgox.
happybolla
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May 21, 2013, 09:41:33 PM
 #4

if LTC come to mtgox, price will growing up to 10$  Cheesy
aceking
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May 21, 2013, 09:43:39 PM
 #5

most people buy because they expect that their price will rise when they will be introduced at mtgox.
1bettor.com
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May 21, 2013, 09:44:49 PM
 #6

Litecoin could be the facebook, BTC myspace? Kiss Undecided Lips sealed
Avengers_Assemble
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May 21, 2013, 09:47:27 PM
 #7

Litecoin could be the facebook, BTC myspace? Kiss Undecided Lips sealed
I've heard several people say this. But I have no idea why people think this. I thought the only actual use of LTC is to convert to BTC. So why would LTC get bigger than BTC?
hunnaryb
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May 21, 2013, 09:49:23 PM
 #8

There is nothing wrong with mining alt coin that is most profitable and trading to Bitcoin asap - and dont tell me LTC is somehow different alt coin. What drive new people to cryptocurrencies is Bitcoin afaik.

 

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metacoin
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May 21, 2013, 10:56:39 PM
 #9

scrypt algorithm, transaction time, and block reward differences (the third is mostly psychological) are the major differences between BTC and LTC

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