Bitcoin Forum
May 02, 2024, 01:28:07 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: To all people who think ether is the best thing to happen since sliced bread  (Read 1727 times)
Spoetnik
Legendary
*
Offline Offline

Activity: 1540
Merit: 1011


FUD Philanthropist™


View Profile
March 19, 2016, 10:21:02 PM
 #21

You appreciate LTC because it was a copycat of BTC?It has no use since there is no need for number 2.As you can see,btc is a niche "currency" or "store of value" so there is no place for a second wannabe fancoin.As long as its very innovative,like eth and maybe few others,theres no room for it,we got BTC for that purpose.
Edit: so far they delivered everything they promised, so for that reason i dont think its a scam.It may not succeed (nobody know,alot of variables),but no coin there actually succeded,maybe except for btc because of first runner's advantage.

LTC was launched in an effort to make mining more fair.
And it succeeded for a while too.
You need to learn History Nooby.. you are spouting off silly things that are not true.

LTC is not a clone of Bitcoin.

That is like when this moron on IRC told me in 2014 that LTC was a clone of Doge coin all mouthy like  Cheesy
He was so eager to defend Doge coin but, well.. he had no way to do it so he just made up some dumb bs.
..just like these ETH Noob accounts are doing.

FUD first & ask questions later™
1714656487
Hero Member
*
Offline Offline

Posts: 1714656487

View Profile Personal Message (Offline)

Ignore
1714656487
Reply with quote  #2

1714656487
Report to moderator
1714656487
Hero Member
*
Offline Offline

Posts: 1714656487

View Profile Personal Message (Offline)

Ignore
1714656487
Reply with quote  #2

1714656487
Report to moderator
"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714656487
Hero Member
*
Offline Offline

Posts: 1714656487

View Profile Personal Message (Offline)

Ignore
1714656487
Reply with quote  #2

1714656487
Report to moderator
1714656487
Hero Member
*
Offline Offline

Posts: 1714656487

View Profile Personal Message (Offline)

Ignore
1714656487
Reply with quote  #2

1714656487
Report to moderator
kelsey
Legendary
*
Offline Offline

Activity: 1876
Merit: 1000


View Profile
March 20, 2016, 03:09:14 AM
 #22

why is it when any of the latest 'inovative' shitcoin comes along, 101 shills from it fud litecoin  Undecided i mean if litecoin is such a meaningless copy paste of bitcoin, why waste so much energy on attacking it  Huh
K210 (OP)
Hero Member
*****
Offline Offline

Activity: 1568
Merit: 507


View Profile
March 20, 2016, 05:29:02 AM
 #23

I bet youre the type that appreciates LTC cuz "silver to bitcoin gold",correct?

I prefer stability over features yes.
"stability" in crypto world?Are you kidding me ?Demand is small while supply is huge,if 1 big whale decide to dump everything it'll kill the coin and it would be unlikely to recover since it has no potential because it lacks features.And yes any big dump no matter the crypto can bring it to its knees,but features/potential to develop it is what keeps them afloat,not a motto "we're silver to bitcoin's gold".That is extremely naive ,try to be smart and use logic people,costs nothing.Yes,any crypto out there is good for speculation,but thats what theyre about.99.99% have no potential to develop.
The only reason LTC price is stable and follows btc price is because of chinese mining cartels,they own both BTC and LTC thanks to asics and most likely free electricity.

Go look at litecoins price over the last couple of months. Its been steady at $3. Now i actually use litecoin to buy coffee everyday so a stable price makes it easier to use as a currency. People often forget that although litecoins price has not risen it hasnt fallen either. To me a stable price indicates maturity and that is rare in the crypto scene. This is one of the reasons i remain hopeful for litecoins future, bitcoin was like this too in 2012 before it shot up.
Spoetnik
Legendary
*
Offline Offline

Activity: 1540
Merit: 1011


FUD Philanthropist™


View Profile
March 20, 2016, 06:51:39 AM
 #24

Good point.
I was ready to say.. so what the price doesn't matter.
But a STABLE price does !
it's going to more useful for it's intended purpose.. a currency.

Then take Ethereum..
No one knows what it is or where it's going.
We ask why do we need it ?
And we are told "use your imagination"  Roll Eyes

What i'd like to "imagine" is using it to buy a cup of coffee.. so how soon will this happen ?

ETH supporters are the same guys that rush "Double Doors" by themselves on de_Aztec.
GO GO GO ! ..YOU take the point  Cheesy



Fuckin' NOOBS ahhahahha

FUD first & ask questions later™
sinner
Hero Member
*****
Offline Offline

Activity: 615
Merit: 500



View Profile
March 20, 2016, 07:17:35 AM
 #25

Thats exactly the problem with ether followers too much "Think about the possibilities" and not enough "Hey look what i built with ether tech". Until ether proves that it can build a useful dapp and be useful to mainstream society it will remain a shitcoin to me.

Good point--they seem to be trying to recreate a crappy decentralized version of everything rather than focusing on the most important use cases... which already exist (Bittorrent, Tor, Bitcoin, OpenBazaar)

What type of decentralized application needs a blockchain to run on top of?  Since the EVM costs gas, does that mean free decentralized applications have no use for ethereum?

After hearing about the situation at Uber, the only dapp I liked was Arcade City, but why does it need to run on the ethereum blockchain?  It's also not really decentralized and the main forms of payment on it are credit card and paypal i think.
sinner
Hero Member
*****
Offline Offline

Activity: 615
Merit: 500



View Profile
March 20, 2016, 07:20:54 AM
 #26

That's the wrong question to ask.  It's not what can you do with the VM, it's how much load capacity will the system have (slim to none), and do they even have a viable consensus system (no - best case permissioned ledger, worst case none at all).

Why are they leaving the hardest part of this project to the end?  Why did they hype and pump the hell out of it and sell tokens before having the most important parts of the protocol coded?  Do they realize their vision would violate the cap theorem?

you're saying PoS is permissioned ledger?
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!