bitcoinarnold (OP)
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Merit: 10
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April 26, 2013, 02:28:26 AM |
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I think LTC is very promising given it's scrypt implementation and distribution of coins. I think if invested wisely there is a lot of promise there.
Thoughts?
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duhosnyul
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April 26, 2013, 03:37:23 AM |
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Time to bank on ltc. buy ltc now . It will surely rise very soon.
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masize
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Activity: 84
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Rockefeller Oil in his time, Today is BTC time
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April 26, 2013, 03:37:36 AM |
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Really don't believe in LTC. I think we shouldn't divide forces. Lets make BTC rule them all.
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iCEBREAKER
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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April 26, 2013, 03:47:56 AM |
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Really don't believe in LTC. I think we shouldn't divide forces. Lets make BTC rule them all.
We're all on Team Crytocoin. Our adversary is Team Fiat. Satoshi is our coach; Bernanke is their's. Bitcoin is our team's star quarterback. Litecoin is the rookie showing potential and ready to get off the bench. /doesn't often use sports metaphors |
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Monero
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| "The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." David Chaum 1996
"Fungibility provides privacy as a side effect." Adam Back 2014
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Sek0n
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April 26, 2013, 09:06:47 AM |
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Really don't believe in LTC. I think we shouldn't divide forces. Lets make BTC rule them all.
I kind of have the same line of thought, but the faster conformations is a nice feature at least. I've been mining LTC lately because it's more profitable when converting it to BTC, although that's starting to change now it seems.  |
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Barklad
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April 26, 2013, 09:22:54 AM |
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LTC is definitely growing in popularity along side Bitcoin. I would imagine if there was a boom in Bitcoin there would be a lesser boom in LTC.
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andrewsg
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April 26, 2013, 09:39:03 AM |
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Not easy buying LTC at the moment, BTC-E not looking like a very stable and secure platform.
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Bitcoin can be bad for your chi. Improve yours and mine by sending BTC to: 1N1zRYSwKQbZ8Kx1bKvTskrjGMNynVFEr1
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DeathProxy
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World's First Crowd Owned Cryptocurrency Exchange
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April 26, 2013, 10:25:57 AM |
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Just bought 500 ltc now in btc-e , hope the price will rise soon.  |
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Lethn
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April 26, 2013, 10:30:07 AM |
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I'm going to be taking LTC payments for my Jewellery when I put it up for sale  it's good to diversify. |
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sensa0
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April 26, 2013, 10:42:02 AM |
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i'm trying to build a rig right now just to mine LTC
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Fajman
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April 26, 2013, 10:44:52 AM |
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Im feeling it so i bought in
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Fajman
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April 26, 2013, 10:58:44 AM |
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Hmmm over 5 hrs and 5 posts and still cant reply on other boards.
i dont think anyone heavily invested in BTC can afford to not hedge against LTC. For that reason alone its probably going to rise. Add onto that the mtgox speculation and ASICs about to take over BTC mining...
Its worth splitting your investment. Eg
1/4 LTC
3/4 BTC
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Lethn
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April 26, 2013, 10:59:59 AM |
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Don't forget to buy gold or silver!  |
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bitdwarf
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The cryptocoin watcher
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April 26, 2013, 11:18:16 AM |
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I bet there's going to be a "Is BTC going the way of the Napster" story in the mass media this summer, when they are bored and want some good "rise and fall" story. Then whichever alt is the most fashionable will be mentioned a lot.
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𝖄𝖆𝖈: YF3feU4PNLHrjwa1zV63BcCdWVk5z6DAh5 · 𝕭𝖙𝖈: 12F78M4oaNmyGE5C25ZixarG2Nk6UBEqme
Ɏ: "the altcoin for the everyman, where the sweat on one's brow can be used to cool one's overheating CPU" -- theprofileth
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Chuck Finley
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April 26, 2013, 11:29:38 AM |
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Yeah who knows where the crypto currencies will go - a year from now bitcoin could be extinct, supplanted by litecoin or some other currency. Regardless of the flavour though, I think crypto currencies are definitely on the rise long-term.
As I have been saying for a long time now the real issue is which crypto currency gets a major deal first, with VISA, etc. Now that Paypal is finally looking into it (for BTC) this could be the thing that drives the price up farther than we've ever seen.
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digicoin
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April 26, 2013, 11:37:45 AM |
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faster conformations is a nice feature Agreed. It is really an innovation. |
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C4th
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April 26, 2013, 11:53:27 AM |
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litecoin seems to trade pretty much like btc. It doesn't seem to have any personality of its own. Hopefully it will get a boost when it is on mtgox soon but we'll see.
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bitdwarf
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The cryptocoin watcher
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April 26, 2013, 11:58:44 AM |
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litecoin seems to trade pretty much like btc. It doesn't seem to have any personality of its own.
This. The algorithm may be different, but the people hoarding it are the same. They aren't going to push LTC if it sabotages BTC, nor the other way around. |
𝖄𝖆𝖈: YF3feU4PNLHrjwa1zV63BcCdWVk5z6DAh5 · 𝕭𝖙𝖈: 12F78M4oaNmyGE5C25ZixarG2Nk6UBEqme
Ɏ: "the altcoin for the everyman, where the sweat on one's brow can be used to cool one's overheating CPU" -- theprofileth
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Schrankwand
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April 26, 2013, 12:00:43 PM |
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litecoin seems to trade pretty much like btc. It doesn't seem to have any personality of its own. Hopefully it will get a boost when it is on mtgox soon but we'll see.
LTC is the same as BTC with another algorhithm. It is pretty much resistant to contemporary miner designs, which makes it a "people's choice" kind of. Competition is good. The apps look the same and theoretically, a combined wallet software could store all kinds of different cryptocoins. It isn't that hard. Just as you would pay with dollar, Euro or Yen, you could probably decide to pay in whatever currency you want, as long as the same basic transaction mechanisms are kept similar. |
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