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Author Topic: Litecoin is starting to trek upwards  (Read 1927 times)
alyssa85
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April 25, 2016, 05:22:06 PM
 #41

It is a pump. Fontas is back and talking about litecoin:

https://twitter.com/Fontase

Look at the number of tweets about LTC. (Buyer beware - he tends to tweet only when he's filled his boots and wants other buyers to come in so he can sell to them)

 
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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April 25, 2016, 06:54:31 PM
 #42

ol' whinney Bitcoin Maximilianz

fine BTC is King
LTC is the Queen
Doge the court jester

ETH an invading Borg thing sent here to assimilate all coins into one Turning complete chain
Turing, not "Turning". References Alan Mathison Turing, a pioneering English computer scientist, mathematician, logician, cryptanalyst and theoretical biologist. The guy who invented the computer. Well, I am always forgetting about Charles Babbage who was on it even earlier.

lol you are delusional. There's not a single alternative to POW that delivers the level of robustness and army-grade encryption that POW delivers.
Bitcoin's core will remain like that because it's a feature, then through second layer solutions like Lightning Network we can have instant cheap transactions and we will have increased anonymity in the near future as well.

Bitcoin has no competition, stop dreaming with altcoins taking over and be realistic.
POW is not even related to encryption, at all. You might want to look up again what "hashsums" are all about. The army would loose each and every war abroad if relying on that for encryption.
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April 26, 2016, 03:58:36 AM
 #43

Other forces come into play here, so anybody who is looking at what innovation does LTC offer is on the wrong trail.

Lol if you judge a coin by its innovation then BTC should be $0.

What the feck did my poor eyes just read? Bitcoin is THE ONE INNOVATOR who founded this entire scene. The reason why you and me are here in the first place. LOL!

If Bitcoin is not insanely innovative then I don't know what is.

Bitcoin is NOT innovative compared to some altcoins which have a range of features. Compared to regular currency bitcoin is innovative but not compared to the tech in some alts. Bitcoin is not succesful because of its tech rather because of its adoption.

Bitcoin was the most innovative who made all this possible thus nothing comes close to its innovation power yet, imo

Maybe Ethereum or something similar will be able to enable  something along the lines of that, but there aren't any altcoins who have done anything even remotely close to what Bitcoin has done.

I think you misunderstand, bitcoin is innovative but the pow technology it uses it ancient and will fail in the future. Tech ways there are more advanced things in crypto space such as POS, instant transaction and annoymous transactions.

lol you are delusional. There's not a single alternative to POW that delivers the level of robustness and army-grade encryption that POW delivers.
Bitcoin's core will remain like that because it's a feature, then through second layer solutions like Lightning Network we can have instant cheap transactions and we will have increased anonymity in the near future as well.

Bitcoin has no competition, stop dreaming with altcoins taking over and be realistic.

Lol pow is a gigantic waste of energy to solve pointless math problems which can be handled far more efficiently through a proof of stake system. Will bitcoin survive this block halving? The next? The one after that? Sooner or later bitcoin devs will release that while pow is good for initial distribution it is a terrible choice for long term sustainability. In contrast look at a pos network like nubits, the nodes are in power not rich chinese miners, consensus on future features is reached in days not months and all of this is done while using a fraction of the power that the bitcoin network uses. 

A POS network can process transactions for near zero costs while a pow network must keeping rising its transaction fees to pay miners due to the declining block reward over time. I think once major security problems occur in bitcoin some POS coin will rise quite a bit.
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April 26, 2016, 04:17:23 AM
 #44

Litecoin continues to rise up 6.56% in the last 24 hours
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April 27, 2016, 11:41:57 AM
 #45

Litecoin continues to rise up 6.56% in the last 24 hours

It has risen about 5% per day in the last few days? The big whales are very patient to pump the price slowly?
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April 27, 2016, 11:52:53 AM
 #46

At this tme I am not going to invest in any other currency but only in bitcoin and I think everyone is doing the same that is why the price of other coins are not increasing that much faster as bitcoin is, but I have a plan to invest in other coins after a few months when I earn a lot from bitcoin.
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