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Author Topic: Lightning developers already moving from BTC to LTC  (Read 1756 times)
Ayers
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April 26, 2017, 10:19:07 AM
 #21

Its moving to LTC cuz is more easy to mine. I think

why? litecoin and bitcoin both use asic, to be mined, i don't see much different, but litecoin is adopting segwit why bitcoin not, this is a valid reason for them to move to litecoin

Litecoin has no real use? Clearly you are out of your mind. It is bitcoin. Faster, cheaper, Bitcoin.

could be but no merchants is accepting litecoin like bitcoin, so why i should use litecoin? just to pump and dump? and being faster and cheaper come to an expense, more orphan blocks and more prone to manipulation

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kiklo
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April 26, 2017, 11:16:10 AM
 #22

Its moving to LTC cuz is more easy to mine. I think

why? litecoin and bitcoin both use asic, to be mined, i don't see much different, but litecoin is adopting segwit why bitcoin not, this is a valid reason for them to move to litecoin

Litecoin has no real use? Clearly you are out of your mind. It is bitcoin. Faster, cheaper, Bitcoin.

could be but no merchants is accepting litecoin like bitcoin, so why i should use litecoin? just to pump and dump? and being faster and cheaper come to an expense, more orphan blocks and more prone to manipulation

Coinbase will be activating a Direct LTC to FIAT Wallet, with it ,
Merchants access to LTC will be the same as BTC.  Wink


 Cool

FYI:
BTC average orphans is 3 per day, LTC average is only 2 per day in the last month or so.
https://chainz.cryptoid.info/ltc/#!extraction
Since LTC requires 6 confirms and BTC requires 3 , in the last month , it has been safer to send LTC than BTC.   Cheesy

cryp24x
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April 26, 2017, 11:20:25 AM
 #23

Seems LTC is getting much of attention,  I can see LTC rising in price once Segwit is activated.  Btw LN developers moved to LTC because it is where they can test the update once Segwit is activated.  That is the main reason why lightning developers are moving to LTC.
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April 26, 2017, 02:02:12 PM
 #24

***
I am sure that lightning will brig great features to Litecoin, especially because the main problem actually with cryptos is the lack of reliable debit cards. Using lightning will for sure bring new sollutions to cards ussuers.

but in real life alternative to BTC is ETH not LTC at all. ETH have 16s blocks not that slow 2.5min Cheesy hahaha...
ETH also have better volume - in LTC in charge ar 12 miners in ETH Vitalik that is not that big diffrence at all

and have many scam icos on chain too to pump it price while LTC hmm noooothing really interesting besides it have ported BTC segwit. Without segwit noone would ever pump LTC.

PS: ETH will also have its LN (Raiden) I don't see any advantage of LTC over ETH as alternative to BTC.

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April 26, 2017, 02:05:13 PM
 #25

but in real life alternative to BTC is ETH not LTC at all. ETH have 16s blocks not that slow 2.5min Cheesy hahaha...
ETH also have better volume - in LTC in charge ar 12 miners in ETH Vitalik that is not that big diffrence at all

and have many scam icos on chain too to pump it price while LTC hmm noooothing really interesting besides it have ported BTC segwit. Without segwit noone would ever pump LTC.

PS: ETH will also have its LN (Raiden) I don't see any advantage of LTC over ETH as alternative to BTC.

Anyone who values what Bitcoin stands for would not make the switch to ETH. It may have a great future. It also has already shat and pissed all over itself.
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April 26, 2017, 02:18:28 PM
 #26

but in real life alternative to BTC is ETH not LTC at all. ETH have 16s blocks not that slow 2.5min Cheesy hahaha...
ETH also have better volume - in LTC in charge ar 12 miners in ETH Vitalik that is not that big diffrence at all

and have many scam icos on chain too to pump it price while LTC hmm noooothing really interesting besides it have ported BTC segwit. Without segwit noone would ever pump LTC.

PS: ETH will also have its LN (Raiden) I don't see any advantage of LTC over ETH as alternative to BTC.

Anyone who values what Bitcoin stands for would not make the switch to ETH. It may have a great future. It also has already shat and pissed all over itself.

ETH may be a good short to medium term speculative move before the smart contract's bubble bursts. Other than that, BTC (and now, LTC too) are the good long term hands in crypto. Everything else is a gamble where you may or not make a lot of money.

LTC is undervalued as long as BTC has no way to get segwit enabled.
XbladeX
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April 26, 2017, 02:46:52 PM
 #27

***
ETH may be a good short to medium term speculative move before the smart contract's bubble bursts. Other than that, BTC (and now, LTC too) are the good long term hands in crypto. Everything else is a gamble where you may or not make a lot of money.

LTC is undervalued as long as BTC has no way to get segwit enabled.

LTC as Btmain/mining cartel controlled coin is not attractive to me at all.
That turn on and turn off segwit activation period was worst shit show ever to me.
Segwit is good piece of tech but it won't make magically LTC it better than ETH.

ETH with Vitalik leader is better alternative to me than those 12 miners cartel who threaten developer.
Vitalik will move ETH to POS like Dash withasternodes and couse pump like 4x-10x Smiley.
Masternosed allways works that way on market.

LTC is overpriced as noone really use it while ETH is used for funding scams/ICOs so is useful.
If I were investor I would go for ETH becouse it has much bigger community and whole those ICOs communities will adds up to it. LTC have bitmain miner community mostly that is all and last time Bitmain pissed them off hard. So I see that people will move away from LTC mining overtime due to Bitmain "not fair" approach.
I don't have ETH/LTC i am not biased to any of this projects.
I am mostly in BTC now I go against mob ^^ but LTC is worst from ETH in almost every aspect.


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kiklo
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April 27, 2017, 07:58:59 AM
 #28

ETH does have a bloat problem.

Blockchain size already over 60 Gigabyte in Jan 2017 and growing Fast.

Eth will have to hard fork every time a judge makes a ruling in any country that someone was not legally qualified to enter into a contract.

If you want to make money invest in hard drive manufacturers because their blockchain is growing exponentially.

You can make money off it , until people wise up, but when it does crash , it is going to be devastating .  Shocked

Plus when they move to PoS , all of their PoW miners are going to switch to ETC.

LTC is not trying to be more than what is technically possible at the time.
Eth could only truly succeed if the Entire World Governments Court Systems were going to follow it , which they are not.
Every litigation arising from a disagreement on ETH, will result in a hard fork, the Eth dev set a president  with that DAO problems.


 Cool

FYI:
Is LTC the final solution, of course not ,
but it is better than BTC on all levels, and BTC had 10 year run at the top, expect LTC to get and hold at least 5 years, when it becomes #1.

Eth & Etc will have collapsed because of its flaws within 4 years from now.
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April 27, 2017, 08:08:58 AM
 #29

ETH does have a bloat problem.

Blockchain size already over 60 Gigabyte in Jan 2017 and growing Fast.

Eth will have to hard fork every time a judge makes a ruling in any country that someone was not legally qualified to enter into a contract.

If you want to make money invest in hard drive manufacturers because their blockchain is growing exponentially.

You can make money off it , until people wise up, but when it does crash , it is going to be devastating .  Shocked

Plus when they move to PoS , all of their PoW miners are going to switch to ETC.

LTC is not trying to be more than what is technically possible at the time.
Eth could only truly succeed if the Entire World Governments Court Systems were going to follow it , which they are not.
Every litigation arising from a disagreement on ETH, will result in a hard fork, the Eth dev set a president  with that DAO problems.


 Cool

FYI:
Is LTC the final solution, of course not ,
but it is better than BTC on all levels, and BTC had 10 year run at the top, expect LTC to get and hold at least 5 years, when it becomes #1.

Eth & Etc will have collapsed because of its flaws within 4 years from now.


Good post and fully agree with you here.

LTC is poised to take btc's crown on their current pathways.

ETH i am unsure which way it will go but the negative points that you mention are undeniable. Although perhaps it could become the tool of big buisness operating within countries that make it binding. It will have some use cases that are as yet untapped.

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