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Author Topic: BTC is DYING, LONG LIVE THE NEW KING LTC  (Read 4773 times)
kiklo (OP)
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May 04, 2017, 05:58:57 AM
 #1

~ Jan 30th, 2017
BTC Price was $922.95
LTC Price was     $3.86

Now on May 04, 2017
BTC Price is $1500.13
LTC Price is     $21.78

BTC Price increased by ~62%
LTC Price increased by
~564.3%

Writing is on the Wall People , Profit from it or ignore it , your Choice!

$1000 invested in BTC would now be $ 1620

$1000 invested in LTC would now be $ 5643   Cheesy Cheesy Cheesy


Class Dismissed.  Smiley

 Cool
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May 04, 2017, 06:16:35 AM
 #2

That's an perfect calculation, which makes users​ understand the potential growth of LTC in comparison to bitcoin. In my personal opinion LTC is preferred only as an trading coin and haven't got other usage similar to bitcoin. This has caused a lacking of popularity, so later on while it gets used similar to bitcoin the living hope on LTC might be experienced by the users. For the same reason we cannot say bitcoin is dying.

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May 04, 2017, 06:19:35 AM
 #3

~ Jan 30th, 2017
BTC Price was $922.95
LTC Price was     $3.86

Now on May 04, 2017
BTC Price is $1500.13
LTC Price is     $21.78

BTC Price increased by ~62%
LTC Price increased by
~564.3%

Writing is on the Wall People , Profit from it or ignore it , your Choice!

$1000 invested in BTC would now be $ 1620

$1000 invested in LTC would now be $ 5643   Cheesy Cheesy Cheesy


Class Dismissed.  Smiley

 Cool
Great comparison but i don't agree with you that Litecoin is the new king of the cryptocurrencies because bitcoin is still the king, the simple explanation of a fast pump for litecoin is very simple, the litecoin back in around January is pretty cheap and its market is not that active unlike bitcoin and litecoin also is very easy to mine and cheap so the manipulators can get easily in touch with litecoin and they can easily dictate the price if they have a lot of money just because litecoin is cheap. Class dismissed Roll Eyes.
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May 04, 2017, 06:45:57 AM
Last edit: May 04, 2017, 07:37:32 AM by Herbert2020
 #4

as much as i like Litecoin and i have invested in it, i have to do this:
with your logic a lot of shitcoins are better than bitcoin. so lets take a look at some random coins:
Arcade Token (ARC): from $0.15 to $3.32 => 2113% who wants bitcoin and litecoin, lets get ARC.
oh look when you sort this table based on Change (24h) there are a lot of coins better than bitcoin!

and my all time favorite (and important lesson for all marketcap lovers):
DigiCube (CUBE):
on 2017-02-06 this altcoin was number 3 on coinmarketcap!
it went from less than 1 satoshi to about 14000 satoshi thanks to Yobit pump and that is 8,117,660% rise.

Topic: https://bitcointalk.org/index.php?topic=1780445.0

so what do you say we just abandon bitcoin, litecoin and start using CUBE, huh?

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
kiklo (OP)
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May 04, 2017, 06:48:48 AM
 #5

Great comparison but i don't agree with you that Litecoin is the new king of the cryptocurrencies because bitcoin is still the king, the simple explanation of a fast pump for litecoin is very simple, the litecoin back in around January is pretty cheap and its market is not that active unlike bitcoin and litecoin also is very easy to mine and cheap so the manipulators can get easily in touch with litecoin and they can easily dictate the price if they have a lot of money just because litecoin is cheap. Class dismissed Roll Eyes.


Thanks ,

You can also observe BTC Major Downward motion in CoinMarketcap Dominance.
Around 85% down to ~59%, a 36% drop in the same time period , writing is on the wall, my friend.  Wink
http://coinmarketcap.com/charts/#btc-percentage


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kiklo (OP)
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May 04, 2017, 06:54:25 AM
 #6

as much as i like Litecoin and i have invested in it, i have to do this:
with your logic a lot of shitcoins are better than bitcoin. so lets take a look at some random coins:
Arcade Token (ARC): from $0.15 to $3.32 => 2113% who wants bitcoin and litecoin, lets get ARC.
oh look when you sort this table based on Change (24h) there are a lot of coins better than bitcoin!

and my all time favorite (and important lesson for all marketcap lovers):
DigiCube (CUBE):
on 2017-02-06 this altcoin was number 3 on coinmarketcap!
it went from 1 satoshi to about 14000 satoshi thanks to Yobit pump and that is 8,117,660% rise.

so what do you say we just abondon bitcoin, litecoin and start using CUBE, huh?


Cute ,

Trying to Discredit LTC by trying to link it with some coins that were randomly pumped.

Here is your Problem,
BTC is secured by the Chinese Mining Pools,
LTC is also secured by the Chinese Mining Pools,

BTC has a coinbase wallet , which makes it easier for merchants to use.
LTC will be gaining access to a coinbase wallet, which will increase merchant usage dramatically.

Also if you went by trading volume LTC is already the #1 coin according to https://www.worldcoinindex.com/
, since they rank by trading volume and not marketcap.   Cheesy

None of your random coins have that going for them.  Wink
But Nice Try.  Smiley

 Cool
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May 04, 2017, 06:57:53 AM
 #7

~ Jan 30th, 2017
BTC Price was $922.95
LTC Price was     $3.86

Now on May 04, 2017
BTC Price is $1500.13
LTC Price is     $21.78

BTC Price increased by ~62%
LTC Price increased by
~564.3%

Writing is on the Wall People , Profit from it or ignore it , your Choice!

$1000 invested in BTC would now be $ 1620

$1000 invested in LTC would now be $ 5643   Cheesy Cheesy Cheesy


Class Dismissed.  Smiley

 Cool
LTC have a big potential but its potetial also come from bitcoin
LTC price go higher because of bitcoin price itself
instead of buying ltc before if you keep of your bitcoin and exchange it today i dont think there much diffirence





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kiklo (OP)
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May 04, 2017, 07:05:20 AM
 #8


BTC Price increased by ~62%
LTC Price increased by ~564.3%

LTC have a big potential but its potetial also come from bitcoin
LTC price go higher because of bitcoin price itself
instead of buying ltc before if you keep of your bitcoin and exchange it today i dont think there much diffirence



Hmm,
I would suggest you study simple multiplication.

Your Amount of Money * 62%
Verses
Your Amount of Money * 564.3%

If you don't understand why the 564.3% is dramatically better, I suggest you find your 1st grade school teacher and slap the shit out of her , because she failed you.    Wink

 Cool
Herbert2020
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May 04, 2017, 07:06:18 AM
 #9

You can also observe BTC Major Downward motion in CoinMarketcap Dominance.
of course bitcoin's (what you call) dominance is decreasing. when a shit coin like DigiCube (the screenshot above) can be number 3 or ethereum or other couple of hundred altcoins can easily create marketcap (which is a simple number) then share of bitcoin goes down.

Trying to Discredit LTC by trying to link it with some coins that were randomly pumped.
i am not discrediting LTC, litecoin is one of the solid coins and one of the old ones but that doesn't change the fact that it is being pumped because of its SegWit activation. and in the end it won't make it good in a way that you are thinking.

Here is your Problem,
BTC is secured by the Chinese Mining Pools,
LTC is also secured by the Chinese Mining Pools,
this is irrelevant.

BTC has a coinbase wallet , which makes it easier for merchants to use.
LTC will be gaining access to a coinbase wallet, which will increase merchant usage dramatically.
this is also irrelevant. coinbase is a web wallet account not a payment processor and they add altcoins that have high volume so that they can earn money from the fees they take from people buying them or trading them in either coinbase or Gdax.

Also if you went by trading volume LTC is already the #1 coin according to https://www.worldcoinindex.com/
, since they rank by trading volume and not marketcap.   Cheesy

None of your random coins have that going for them.  Wink
what you don't realize is that trading volume goes up when people are trading the coins, and people trade coins when they are getting pumped. go check the volume of February and you'll see.
then go check the volume of some shitcoins during their pumps and you'll understand.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 04, 2017, 07:06:56 AM
 #10

Both are making a good run so it is inappropriate to call bitcoin is dying..
LTC might have a good run now, but let's see if it can continue to rise, too many surprises dude, we might be buying at pump so we lose when
it started to dump.

kiklo (OP)
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May 04, 2017, 07:20:06 AM
 #11

You can also observe BTC Major Downward motion in CoinMarketcap Dominance.
of course bitcoin's (what you call) dominance is decreasing. when a shit coin like DigiCube (the screenshot above) can be number 3 or ethereum or other couple of hundred altcoins can easily create marketcap (which is a simple number) then share of bitcoin goes down.

Trying to Discredit LTC by trying to link it with some coins that were randomly pumped.
i am not discrediting LTC, litecoin is one of the solid coins and one of the old ones but that doesn't change the fact that it is being pumped because of its SegWit activation. and in the end it won't make it good in a way that you are thinking.

Here is your Problem,
BTC is secured by the Chinese Mining Pools,
LTC is also secured by the Chinese Mining Pools,
this is relevant.

BTC has a coinbase wallet , which makes it easier for merchants to use.
LTC will be gaining access to a coinbase wallet, which will increase merchant usage dramatically.
this is Very relevant

Also if you went by trading volume LTC is already the #1 coin according to https://www.worldcoinindex.com/
, since they rank by trading volume and not marketcap.   Cheesy

None of your random coins have that going for them.  Wink
what you don't realize is that trading volume goes up when people are trading the coins, and people trade coins when they are getting pumped. go check the volume of February and you'll see.
then go check the volume of some shitcoins during their pumps and you'll understand.

Fixed your mistakes and made them blue.  Wink

A few days of trading volume can be faked,
if you are saying that LTC Entire Year of Trading Volume was Faked, the you also could say the same of BTC.


 Cool

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May 04, 2017, 07:25:59 AM
 #12

LTC is simply an additional opportunity to multiply your investments. It's still very early to say something about the fall of bitcoin, because it is already too strong.
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May 04, 2017, 07:28:26 AM
 #13

~ Jan 30th, 2017
BTC Price was $922.95
LTC Price was     $3.86

Now on May 04, 2017
BTC Price is $1500.13
LTC Price is     $21.78

BTC Price increased by ~62%
LTC Price increased by
~564.3%

Writing is on the Wall People , Profit from it or ignore it , your Choice!

$1000 invested in BTC would now be $ 1620

$1000 invested in LTC would now be $ 5643   Cheesy Cheesy Cheesy


Class Dismissed.  Smiley

 Cool

Well, crypto being essentially a set of speculative tokens, very "complex derivatives" like, I think the diversification of the market cap in crypto is what we are witnessing, because the sky is higher in alt coins, than in bitcoin.

Essentially, instead of having one "serious" crypto (bitcoin) and a lot of "cheap immitation shitcoins" like altcoins have been treated for most of the time, we now have a portfolio of different speculative assets on which one can gamble.  The more "established" they are, most probably the lower short-term risk, but also the less you can expect from them to grow.  You cannot hope for a bitcoin growth of a factor of 5 in the short run ; while this is what certain alt coins did, recently, and not the $10 000 market cap coins, but BIG alt coins, like LTC, DASH and so on.  As such, there's much more speculative money to be made on these coins, than on bitcoin.

This is a self-enforcing cycle: in as much as bitcoin is still very big, and hence considered "safer", these other coins are growing in cap until they will reach a certain kind of maturity, like bitcoin.    This will further erode away bitcoin's special first mover/biggest network, of which the difference with coins like LTC will fade away over time.  We'll get an ever-growing list of big coins, and an ever-growing, and unpredictable list of "fast-money-makers", until this system becomes totally random, big coins start to tumble down, at which moment, a perfectly efficient speculation market is established, where no rises and falls can be predicted.

In all of this, the actual "technical merit" of the coins are just a hype-tool, and have nothing to do with reality.  Crypto is like the derivative market on steroids.

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May 04, 2017, 07:29:34 AM
 #14

Both are making a good run so it is inappropriate to call bitcoin is dying..
LTC might have a good run now, but let's see if it can continue to rise, too many surprises dude, we might be buying at pump so we lose when
it started to dump.

No Dying is an accurate description ,
BTC Transactions capacity is no longer hitting over 60 thousand.
Because LTC is taking over, and it can take all of BTC transactions and still have 75% more capacity to spare, without increasing transactions fees.
BTC is no longer suitable for the micro payment industry or even retail payments as it's fees are too high.
LTC will be used for payments and BTC use will decline even more, and it's price will eventually drop as it no longer serves a purpose.
It will be apparent within 6 to 8 months to everyone.  Cheesy


 Cool
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May 04, 2017, 07:30:06 AM
 #15

~ Jan 30th, 2017
BTC Price was $922.95
LTC Price was     $3.86

Now on May 04, 2017
BTC Price is $1500.13
LTC Price is     $21.78

BTC Price increased by ~62%
LTC Price increased by
~564.3%

Writing is on the Wall People , Profit from it or ignore it , your Choice!

$1000 invested in BTC would now be $ 1620

$1000 invested in LTC would now be $ 5643   Cheesy Cheesy Cheesy


Class Dismissed.  Smiley

 Cool
I still beg to disagree , even LTC priced increased at 564% it doesn't mean Ltc is the king, no! it's not like that, because if that is true the price of Ltc must supposed to be more than the price value of bitcoin. but that is not the situation happened now.
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May 04, 2017, 07:33:33 AM
 #16

A few days of trading volume can be faked,
if you are saying that LTC Entire Year of Trading Volume was Faked, the you also could say the same of BTC.

i don't know if you are really dump or think nobody has access to a chart! (i also made them blue for you)


and oh look what it is, it has happened before Cheesy


Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 04, 2017, 07:40:49 AM
 #17


This is a self-enforcing cycle: in as much as bitcoin is still very big, and hence considered "safer", these other coins are growing in cap until they will reach a certain kind of maturity, like bitcoin.    This will further erode away bitcoin's special first mover/biggest network, of which the difference with coins like LTC will fade away over time.  We'll get an ever-growing list of big coins, and an ever-growing, and unpredictable list of "fast-money-makers", until this system becomes totally random, big coins start to tumble down, at which moment, a perfectly efficient speculation market is established, where no rises and falls can be predicted.



BTC & LTC are Equally Safe ,

Chinese Mining pools have over 51% of both coins hash rate , so either coin you are trusting China, No Difference whatsoever.


 Cool
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May 04, 2017, 07:41:40 AM
 #18

Just because a coin goes up in a few months by more than another coin, doesn't mean that the coin is superior or more usable.

And you're definitely not the first person to claim that bitcoin is dying, nor the first to claim that litecoin is going to take over bitcoin. Litecoin was first designed to be ASIC resistant but now that function is gone.

Bitcoin has a larger user base than litecoin, and i would say more stable than litecoin.

A coin can't get consistent returns of 600% every single time. It's just impossible.
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May 04, 2017, 07:49:04 AM
 #19

This is really a short term rally... So let's see if it still holds after Segwit activation in LTC...

By the way, bitcoin ATH in 2013 was about $1163, and we have already 30% above it at $1500+....

Could you remind me the ATH price of LTC, some time in 2013??
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May 04, 2017, 07:50:30 AM
 #20

Segwit is already active on LTC. The user just doesn't have the ability to use it yet.

Scaling and transaction rate: https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Do not allow demand to exceed capacity. Do not allow mempools to forget transactions. Relay all transactions. Eventually confirm all transactions.
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May 04, 2017, 07:50:39 AM
 #21

A few days of trading volume can be faked,
if you are saying that LTC Entire Year of Trading Volume was Faked, the you also could say the same of BTC.

i don't know if you are really dump or think nobody has access to a chart! (i also made them blue for you)

and oh look what it is, it has happened before Cheesy



You can print some BTC pump & dumps in a graph , makes little difference.

Not seeing that the LTC coinbase wallet is a game changer is where you are missing the big picture.
Not seeing that LTC can absorb all of BTC transactions and still have 75% capacity to spare.
Not recognizing that many of the same Chinese mining pools dominate both BTC & LTC and will make a higher % of profits with LTC than BTC.
But hey , feel free to miss out on LTC Profits if you can not see it.


 Cool
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May 04, 2017, 07:52:10 AM
 #22

Just because a coin goes up in a few months by more than another coin, doesn't mean that the coin is superior or more usable.
That is right. Litecoin was stagnant for a long time and only recently it wake up, we don't know how long this state will last.
Hype might be over tomorror or next month as far I we can tell.

And you're definitely not the first person to claim that bitcoin is dying, nor the first to claim that litecoin is going to take over bitcoin.
It all happened because SegWit activation. Miners and community are not THAT stupid, if SegWit could raise LTC back from the dead then imagine what it will do to BTC?

A coin can't get consistent returns of 600% every single time. It's just impossible.
Agree, there is a limit somewhere. We just don't see it yet.
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May 04, 2017, 07:55:10 AM
 #23

This is really a short term rally... So let's see if it still holds after Segwit activation in LTC...

By the way, bitcoin ATH in 2013 was about $1163, and we have already 30% above it at $1500+....

Could you remind me the ATH price of LTC, some time in 2013??

ATH price for LTC was about $48, so we are still 56% below the ATH.


Segwit is already active on LTC. The user just doesn't have the ability to use it yet.

I thought it is going to be activated for sure but at the moment it is still "ALMOST active".

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May 04, 2017, 07:57:20 AM
 #24

Btc is Btc, it carves its name already in cryptocurrency hall. Whether it is dying or reaching $2,000 this year or not, BTC is still the mother/father of all cryptocurrency. LTC was just revived,slowly awakens from its long state of being like dormant. Because of some issues in BTC that this altcoins gain attention. BTW, Ethereum is just the damn second to bitcoin in https://coinmarketcap.com/. LTC has still more room to grow,we are monitoring too.

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May 04, 2017, 08:00:36 AM
 #25

Nope I don't think that bitcoin is dying it is still kicking and it has increase its price,
But I also see your point in here LTC is really pumping up now hope to see it increase more.

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May 04, 2017, 08:01:04 AM
 #26

Btc is Btc, it carves its name already in cryptocurrency hall. Whether it is dying or reaching $2,000 this year or not, BTC is still the mother/father of all cryptocurrency. LTC was just revived,slowly awakens from its long state of being like dormant. Because of some issues in BTC that this altcoins gain attention. BTW, Ethereum is just the damn second to bitcoin in https://coinmarketcap.com/. LTC has still more room to grow,we are monitoring too.

ETH is only 2nd, if you number by marketcap, if you number by trading volume LTC has been at 2nd place all year.
LTC is now at #1 in Trading volume according to https://www.worldcoinindex.com/   .


 Cool


FYI:
Segwit is irrelevant, watch the markets when Coinbase Direct LTC to Fiat wallet is activated. Then everyone will know what really matters.
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May 04, 2017, 08:04:43 AM
 #27

I completely understand that investing in LTC is more lucrative but still I would put my weight in bitcoin's side. I think we should consider the long-term track record if we are are thinking from investor's point of view. Traders can make good profits from such numbers but in the long run, I am in the favour of the bitcoin.
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May 04, 2017, 08:12:45 AM
 #28

I completely understand that investing in LTC is more lucrative but still I would put my weight in bitcoin's side. I think we should consider the long-term track record if we are are thinking from investor's point of view. Traders can make good profits from such numbers but in the long run, I am in the favour of the bitcoin.

Is BTC a religion for you or an investment?

Because ignoring the superior LTC over the inferior BTC, is the sign of idol worship and not logical investing.

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May 04, 2017, 08:18:23 AM
 #29

Lightning network on Litecoin? A very serendipitous marketing collision... for litecoin anyway.
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May 04, 2017, 08:27:34 AM
 #30

I completely understand that investing in LTC is more lucrative but still I would put my weight in bitcoin's side. I think we should consider the long-term track record if we are are thinking from investor's point of view. Traders can make good profits from such numbers but in the long run, I am in the favour of the bitcoin.

It is necessary to invest in both currencies in order not to lose all means. To be honest, no one can accurately say in which cell will be a long and good profit.
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May 04, 2017, 08:30:48 AM
 #31

I completely understand that investing in LTC is more lucrative but still I would put my weight in bitcoin's side. I think we should consider the long-term track record if we are are thinking from investor's point of view. Traders can make good profits from such numbers but in the long run, I am in the favour of the bitcoin.

Correct, this news in LTC is another hype to lure more traders of course they are happy if more are trading with it. Me too is trading LTC but its not the only coin I trade. Same with you, I still prefer my coins in btc, I can exchange it to our local currency easily.

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May 04, 2017, 08:35:24 AM
 #32

Is BTC a religion for you or an investment?

It is a belief system.  I don't know if you can call it a religion per se.
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May 04, 2017, 08:46:17 AM
 #33

A coin get revived from the dead and now is the king of crypto? It is yet too early to say that ltc is the new king. Any coin can say/proclaim that, but unless they achieve what bitcoin has achieved, the claim is nothing.
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May 04, 2017, 08:49:04 AM
 #34

Nope I don't think that bitcoin is dying it is still kicking and it has increase its price,
But I also see your point in here LTC is really pumping up now hope to see it increase more.
yeah we are expecting huge pumped coming from this project as we see more and more open thread here regarding to ltc rise up
we might see more and more people are placing their entry to have a good chance to earn better to keep watching and don't sell
yet if you are holding it.
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May 04, 2017, 08:50:51 AM
 #35

Is BTC a religion for you or an investment?

It is a belief system.  I don't know if you can call it a religion per se.


If they follow BTC as a mystical icon, they are worshiping it like a religion.
False Beliefs they have
BTC will only increase in price
No Coin can ever replace it
No Coin will ever topple it

Facts BTC is a product it has no magic
As all products , in time another product will replace it
BTC is the 8 Track Tape of Crypto , it is slow and outdated and due to be replaced.
Average Lifecyle for a product is 10 years, BTC is almost 10 years old. Time is almost up.


 Cool
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May 04, 2017, 08:51:10 AM
 #36

~ Jan 30th, 2017
BTC Price was $922.95
LTC Price was     $3.86

Now on May 04, 2017
BTC Price is $1500.13
LTC Price is     $21.78

BTC Price increased by ~62%
LTC Price increased by
~564.3%

Writing is on the Wall People , Profit from it or ignore it , your Choice!

$1000 invested in BTC would now be $ 1620

$1000 invested in LTC would now be $ 5643   Cheesy Cheesy Cheesy


Class Dismissed.  Smiley

 Cool

By your logic then every single shitcoin that is listed on Yobit is better than bitcoin because they have shot up 9999%+ a day on a regular basis.

You could look at that and say, wow, that's a great alternative to bitcoin and bitcoin is going to die soon because this coin is going to give you such a good profit over such a short period of time! But you don't look at the bigger picture, it's obviously going to get dumped very hard and the price is going to go through the floor.

I personally think that the most important aspect of a cryptocurrency is stability. I don't care if i only profit 4% a year from it. As long as it fights inflation, even if it doesn't give me profits, i'm fine with it 100%.


This is a self-enforcing cycle: in as much as bitcoin is still very big, and hence considered "safer", these other coins are growing in cap until they will reach a certain kind of maturity, like bitcoin.    This will further erode away bitcoin's special first mover/biggest network, of which the difference with coins like LTC will fade away over time.  We'll get an ever-growing list of big coins, and an ever-growing, and unpredictable list of "fast-money-makers", until this system becomes totally random, big coins start to tumble down, at which moment, a perfectly efficient speculation market is established, where no rises and falls can be predicted.



BTC & LTC are Equally Safe ,

Chinese Mining pools have over 51% of both coins hash rate , so either coin you are trusting China, No Difference whatsoever.


 Cool

I'll have to agree with you on that one though Tongue
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May 04, 2017, 08:53:35 AM
 #37


BTC Price increased by ~62%
LTC Price increased by ~564.3%

LTC have a big potential but its potetial also come from bitcoin
LTC price go higher because of bitcoin price itself
instead of buying ltc before if you keep of your bitcoin and exchange it today i dont think there much diffirence



Hmm,
I would suggest you study simple multiplication.

Your Amount of Money * 62%
Verses
Your Amount of Money * 564.3%

If you don't understand why the 564.3% is dramatically better, I suggest you find your 1st grade school teacher and slap the shit out of her , because she failed you.    Wink

 Cool
maybe your the one who need to go to back to gradeschool
its not 62% its 162%
what your talking about is a short term pump it always happen in altcoin
litecoin stable pirce is 0.013 - 0.035 btc before you will get more profit if you keep your btc right?
while bitcoin is rising litecoin price keep crashing
do you think its good thing to invest on it if bitcoin dont reach it current price itself
do you think there a place where you can convert all you LTC in Dollar
BTW its better you move your thread in altcoin section this is not the right section to discuss you LTC short term pump
you reach legendary member but its look like you dont even know the simple rule Bitcointalk and also dont know about bitcoin itself
your making yourself look like stupid here go to altcoin section then Smiley


 





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May 04, 2017, 08:58:32 AM
 #38

@kiklo this is so funny to see you bashing SegWit all year long with your FUD and useless posts and now you are supporting it now that it is activated with 100% support from miners on litecoin. good job.

and my all time favorite (and important lesson for all marketcap lovers):
DigiCube (CUBE):
on 2017-02-06 this altcoin was number 3 on coinmarketcap!
it went from less than 1 satoshi to about 14000 satoshi thanks to Yobit pump and that is 8,117,660% rise.

Topic: https://bitcointalk.org/index.php?topic=1780445.0

so what do you say we just abandon bitcoin, litecoin and start using CUBE, huh?


oh boy this is so good. I am adding it to my topic. https://bitcointalk.org/index.php?topic=1842964.0

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May 04, 2017, 09:07:10 AM
 #39


its not 62% its 162%


Hey Nitpicker.

564.3%  > 62%
or
564.3%  >162%


LTC DID WAY BETTER THAN BTC however you want to look at it.



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May 04, 2017, 09:10:05 AM
 #40


BTW its better you move your thread in altcoin section this is not the right section to discuss you LTC short term pump
you reach legendary member but its look like you dont even know the simple rule Bitcointalk and also dont know about bitcoin itself
your making yourself look like stupid here go to altcoin section then Smiley

That is how your BTC cult covers up what scares you ,
have the mods hide it in another forum, because your false religion in BTC can't handle the truth.  Cheesy


 Cool
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May 04, 2017, 09:14:23 AM
 #41

I completely understand that investing in LTC is more lucrative but still I would put my weight in bitcoin's side. I think we should consider the long-term track record if we are are thinking from investor's point of view. Traders can make good profits from such numbers but in the long run, I am in the favour of the bitcoin.

Correct, this news in LTC is another hype to lure more traders of course they are happy if more are trading with it. Me too is trading LTC but its not the only coin I trade. Same with you, I still prefer my coins in btc, I can exchange it to our local currency easily.

That's because considering long run, I believe that bitcoin is a good horse with proven track record. I am not blaming or underestimating LTC or any other cryptocurrency but I trust bitcoin more than any other. I am considering aspects like market cap, track record, user base etc. Any other coin might surpass bitcoin but I don't see anything like that happening at least in next few years.
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May 04, 2017, 09:16:06 AM
 #42

@kiklo this is so funny to see you bashing SegWit all year long with your FUD and useless posts and now you are supporting it now that it is activated with 100% support from miners on litecoin. good job.


You mistake speaking the truth that LTC is succeeding BTC because BTC being priced out of the market.

Funny , if my posts are so useless that you feel the need to reply and try and discredit it.
If they are so useless then you can just be quiet and ignore them.   Wink

Chinese Miners are the ones blocking segwit, only their opinion will determine it's future with BTC,
not a post by you , me or anyone will change that fact.


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May 04, 2017, 09:22:04 AM
 #43


BTW its better you move your thread in altcoin section this is not the right section to discuss you LTC short term pump
you reach legendary member but its look like you dont even know the simple rule Bitcointalk and also dont know about bitcoin itself
your making yourself look like stupid here go to altcoin section then Smiley

That is how your BTC cult covers up what scares you ,
have the mods hide it in another forum, because your false religion in BTC can't handle the truth.  Cheesy


 Cool
if there no bitcoin there will be no LTC itself
you dont even know that LTC comes from bitcoin it a basic knowledge you need to learn when you start in crypto
it not good thing to badmouth bitcoin just to let your LTC grow for profit your a disgrace in LTC community
it not religion it respect do you think its good thing to badmouth your parents when you grow up






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May 04, 2017, 09:23:44 AM
 #44

LTC is just going to leave a lot of people holding the bag. Just like in 2013. Be warned.
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May 04, 2017, 09:26:37 AM
 #45


BTW its better you move your thread in altcoin section this is not the right section to discuss you LTC short term pump
you reach legendary member but its look like you dont even know the simple rule Bitcointalk and also dont know about bitcoin itself
your making yourself look like stupid here go to altcoin section then Smiley

That is how your BTC cult covers up what scares you ,
have the mods hide it in another forum, because your false religion in BTC can't handle the truth.  Cheesy


 Cool
if there no bitcoin there will be no LTC itself
you dont even know that LTC comes from bitcoin it a basic knowledge you need to learn when you start in crypto
it not good thing to badmouth bitcoin just to let your LTC grow for profit your a disgrace in LTC community
it not religion it respect do you think its good thing to badmouth your parents when you grow up



Yo Junior ,
LTC code was copied and improved.  BTC could die today, and LTC & the Alts would keep running.
Only in your false belief BTC is a mystical icon, does this reality elude you.
Again BTC is a slow outdated product, your false religion for it will not stop a product cycle from ending.

 
Cool
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May 04, 2017, 09:27:25 AM
 #46

@kiklo this is so funny to see you bashing SegWit all year long with your FUD and useless posts and now you are supporting it now that it is activated with 100% support from miners on litecoin. good job.
You mistake speaking the truth that LTC is succeeding BTC because BTC being priced out of the market.

Funny , if my posts are so useless that you feel the need to reply and try and discredit it.
If they are so useless then you can just be quiet and ignore them.   Wink

Chinese Miners are the ones blocking segwit, only their opinion will determine it's future with BTC,
not a post by you , me or anyone will change that fact.

nah, I am just enjoying the show.
you kids can fight all day long and continue posting against each other. I am just filling my pockets with what I know has a future. bitcoin for long term and altcoins (all of them) only for short term.

although I always try to warn others not to get caught into the illusion of an altcoin (any of them) becoming better than bitcoin, because if they do, they will be left bag-holding like always.

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May 04, 2017, 09:28:26 AM
 #47

LTC is just going to leave a lot of people holding the bag. Just like in 2013. Be warned.

And where is a written guarantee that BTC won't be leaving people holding the bag.

Reality and you BTC zealots does not really sync does it?   Tongue


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May 04, 2017, 09:33:48 AM
 #48

@kiklo this is so funny to see you bashing SegWit all year long with your FUD and useless posts and now you are supporting it now that it is activated with 100% support from miners on litecoin. good job.
You mistake speaking the truth that LTC is succeeding BTC because BTC being priced out of the market.

Funny , if my posts are so useless that you feel the need to reply and try and discredit it.
If they are so useless then you can just be quiet and ignore them.   Wink

Chinese Miners are the ones blocking segwit, only their opinion will determine it's future with BTC,
not a post by you , me or anyone will change that fact.

nah, I am just enjoying the show.
you kids can fight all day long and continue posting against each other. I am just filling my pockets with what I know has a future. bitcoin for long term and altcoins (all of them) only for short term.

although I always try to warn others not to get caught into the illusion of an altcoin (any of them) becoming better than bitcoin, because if they do, they will be left bag-holding like always.

If you can't see the alts are already cheaper and better. Enjoy your BTC religion, where the price only goes up.
Reality is going to be a harsh smack down for you BTC zealots.

 Cool
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May 04, 2017, 09:45:07 AM
 #49

I love both Bitcoin and litecoin but don't believe there's truth on your post bitcoin is not dying every week bitcoin price increased and it's very stable,litecoin is doing well because of the recent development but I doubt if it can topple Bitcoin at this point of time,it's just better if they regain their former spot at second place.


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May 04, 2017, 09:51:10 AM
 #50


BTW its better you move your thread in altcoin section this is not the right section to discuss you LTC short term pump
you reach legendary member but its look like you dont even know the simple rule Bitcointalk and also dont know about bitcoin itself
your making yourself look like stupid here go to altcoin section then Smiley

That is how your BTC cult covers up what scares you ,
have the mods hide it in another forum, because your false religion in BTC can't handle the truth.  Cheesy


 Cool


LOL,   Cheesy
only took the mods less than a few hours to move this topic because the pussies in the BTC Topic could not handle the truth.


 Cool
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May 04, 2017, 10:06:07 AM
 #51

LTC is very bullish because of Segwit activation, the SW is the future, but LTC's pressure is huge, they can't surpass XRP, not ETH or BTC. Don't dream.
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May 04, 2017, 10:24:57 AM
 #52

lol bitcoin is going to $2k and yet you say it's dying, either you are trolling or didn't look at the recent price increase, litecoin is also increased but don't be fooled litecoin is only in an up trend because of segwit, which is useless for litecin, you even said so in one of your post, if bitcoin go segwit, 10k will be around the corner, litecoin until will be accepted like a currency it's only good as a pump and dump

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May 04, 2017, 10:32:07 AM
 #53

~ Jan 30th, 2017
BTC Price was $922.95
LTC Price was     $3.86

Now on May 04, 2017
BTC Price is $1500.13
LTC Price is     $21.78

BTC Price increased by ~62%
LTC Price increased by
~564.3%

Writing is on the Wall People , Profit from it or ignore it , your Choice!

$1000 invested in BTC would now be $ 1620

$1000 invested in LTC would now be $ 5643   Cheesy Cheesy Cheesy


Class Dismissed.  Smiley

 Cool
Yeah it's great to see that litecoin has waken up in his deep sleep but, I'm gonna disagree with you. it's too early to say that the litecoin is a new king because if you compare bitcoin and litecoin's graph, bitcoin is still dominates litecoin every single way and also segwit is activated in litecoin and it's activation contributes it's price today, what more if segwit is activated in bitcoin
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May 04, 2017, 10:39:14 AM
 #54

Money is simply pouring into crypto now and will continue to do so.

If I was entering now I would go for LTC over BTC - greater returns look possible with the safety still of a large top MC coin.

Coblee is actually a great leader when he chooses to be also. When he wants things to get done they get done.

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May 04, 2017, 11:47:58 AM
 #55

LTC is just going to leave a lot of people holding the bag. Just like in 2013. Be warned.

Agree.

Transactions in the last 24 hours were just 14,493, not even reaching litecoin's all time high of 20k in 2013.

https://bitinfocharts.com/comparison/litecoin-transactions.html

Meanwhile the number of bitcoin transactions in the last 24 hours was 343,939 and Ether reached 102,744.

Litecoin has a long long way to go before people take it seriously - their community is going to actually start using it before it makes any further headway.

 
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May 04, 2017, 12:02:47 PM
 #56

Segwit is already active on LTC. The user just doesn't have the ability to use it yet.

Actually it's just locked in to be activated in a little over 6.5 days at time of posting.

http://litecoinblockhalf.com/segwit.php
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May 04, 2017, 01:32:25 PM
 #57


You mistake speaking the truth that LTC is succeeding BTC because BTC being priced out of the market.

LoL. The other side of that logic is that BTC is a better store of value than LTC...

...and if we look at the long term that is in fact what we see. Litecoin is one of the worst performers there is against BTC in terms of coin exchange rate. (Which is what investors are particularly interested in as opposed to marketcap since supply growth does increase marketcap but not the value of any one holder's investment).

All it's done over 3 years is loose value against bitcoin. It's kept alive at one end of the planet by the developer's brother who listed it on his exchange and at the other end by the developer's employer who listed it on their's. That's the best that can be said for it - 'monopoly money'. If you happen to be in the right place at the right time during one of the resuscitation pumps then you might gain something, otherwise holding Litecoin long term is a good way to atrophy your crypto-holdings relatively speaking.


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May 04, 2017, 03:49:38 PM
 #58


BTW its better you move your thread in altcoin section this is not the right section to discuss you LTC short term pump
you reach legendary member but its look like you dont even know the simple rule Bitcointalk and also dont know about bitcoin itself
your making yourself look like stupid here go to altcoin section then Smiley

That is how your BTC cult covers up what scares you ,
have the mods hide it in another forum, because your false religion in BTC can't handle the truth.  Cheesy


 Cool


LOL,   Cheesy
only took the mods less than a few hours to move this topic because the pussies in the BTC Topic could not handle the truth.


 Cool
are you stupid or something it is only because your topic is irrelelevant in bitcoin discussion that why they move it
why not start to learn the basic even its only a forum there still a rule that you should learn
try to use litecoin forum so you will not look like a stupid
the only thing i can tell you is i also support other coin and i do not fight from others if it get some pump or something because it ALWAYS happen if you want LTC that much dont disgrace its community because it exist before even if your not here and you will not make difference even you fight for it
you discuss thread in bitcoin discussion but the truth is you want to discuss is LTC 
if there a new development in the coin price will really go up even if you dont do anything





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May 04, 2017, 04:01:56 PM
 #59

I believe Litecoin has a great potential specially with the fact that it has Segwit already (or almost).

But the thing is all these altcoins are only used in trading to/from bitcoins. They don't have much buying potential if compared to bitcoins. And that's almost the only difference (at least in case of the successful ones ).

Actually the current increasing in the price of BTC is really promising as well.

In the end no body knows what's gonna happen Cheesy
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May 04, 2017, 04:36:40 PM
 #60


BTW its better you move your thread in altcoin section this is not the right section to discuss you LTC short term pump
you reach legendary member but its look like you dont even know the simple rule Bitcointalk and also dont know about bitcoin itself
your making yourself look like stupid here go to altcoin section then Smiley

That is how your BTC cult covers up what scares you ,
have the mods hide it in another forum, because your false religion in BTC can't handle the truth.  Cheesy


 Cool
if there no bitcoin there will be no LTC itself
you dont even know that LTC comes from bitcoin it a basic knowledge you need to learn when you start in crypto
it not good thing to badmouth bitcoin just to let your LTC grow for profit your a disgrace in LTC community
it not religion it respect do you think its good thing to badmouth your parents when you grow up



You have a point you don't kill the mother of all just like that,they can co exist but don't be to harsh on bitcoin,you are on Bitcoin forum go take your shit in the litecoin forum.

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May 04, 2017, 04:43:19 PM
 #61

It's different this time (tm), because SegWit.

But then bitcoin will eventually achieve some sort of scaling solution. Once AntBleed and ASICBoost are no longer factors, opposition to SegWit activation for bitcoin will evaporate. The fact that LTC will be there to demonstrate the stability and benefits of SegWit just accelerates things. Then LTC will crash again, and BTC will retain its crown.

Why? Marketing.

People outside the cryptoverse have heard of Bitcoin. They haven't heard of Litecoin. They're more likely to have heard of ethereum than litecoin.

And marketing is everything. Bitcoin is the Coca-Cola of crypto: number one brand on the planet, and that alone is worth its weight in bits.
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May 04, 2017, 04:49:34 PM
 #62

In short terms I agree, but in long terms...
Bitcoin as we saw, do not require any code update, it's jut grow and grow for years.
New money I would throw in LTC, but wouldn't touch old BTC bags, IMO.
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May 04, 2017, 04:53:41 PM
 #63

Why you want bitcoin to die?

Can they just co-exist with each other and used each potential to truly exploits its feature? Bitcoin would never go away and will remain the no. 1 crypto-currency and its hard to ignore the price of bitcoin now. Looks like people around the world are putting a lot of money into bitcoin ecosystem so its really hard for bitcoin to die.
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May 04, 2017, 08:03:20 PM
 #64

Ltc has too much hype to simply die and be dismissed as a worthless pnd coin. We will reach ath in bitcoin which is around 0.05. After that, it is anyones guess where this goes. Ltc is the proving ground for bitcoin scaling and will roughly 10% of bitcoins price.
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May 04, 2017, 08:25:29 PM
 #65

I don't believe that LTC will replace BTC anytime soon, or even at all. The rise in price is much appreciated and is paying the efforts of a dedicated community and leading team, with SW and other implementations that will help BTC and other cryptocurrencies in the future, and will help LTC to stay relevant.

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May 05, 2017, 02:31:22 AM
 #66

Bitcoin won't die. What would happen is litecoin would be one of the closest competitors of bitcoin on the market someday just like ethereum. But I agree that litecoin is rising faster than bitcoin and I hope it would not stop.
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May 05, 2017, 05:03:27 AM
 #67

Bitcoin won't die. What would happen is litecoin would be one of the closest competitors of bitcoin on the market someday just like ethereum. But I agree that litecoin is rising faster than bitcoin and I hope it would not stop.

I don't think that bitcoin will die in the medium term, but rather that the crypto market will not be having a single, clear leader, and "a lot of shit coins" ; it seems to me that such a market configuration is simply not possible in the long run, because *it would be too easy*.  If there is one single dominant crypto, then it is pretty obvious that that's the crypto one needs to "invest" in, will grab all the greater fools, and will be solid and growing for years.  Such is not possible.  If a lot of smart money KNOWS that a single asset is going to rise at important rates for years, and most normal people know that too, they are not going to wait to be the last greater fools,  but buy directly.  Hell, if you knew with certainty that bitcoin was going to rise 50% per year on average for the 20 years to come, would you "spread your acquisitions" over 20 years, or go all-in right now ?
But if all smart money goes in "right now" we would have a HUGE price rise in short time, and then, a stagnation and/or a crashing of the bubble, because once it is high up there, there's no much hope for big gains any more.

So a clear, single, obvious, leading crypto that grows for years and years at astounding rates is simply not possible: it would be too easy to see, and everyone would have gotten in near the start.  However, an opaque market where things sometimes rise, to fall down again, and transit their market cap to others, in a rather unpredictable way, is a market that could, indeed, rise for years, without a single, clearly defined, absolute leader for all these years.  During certain years, a crypto may get the illusion that it is the leader, but it cannot be with certainty for a long time, with a lot of smart money around.  

Because the more it grows, the less head room it has, while other coins are cheaper and the ceiling is further away, so there's more chance for growth.

Now, that's just my theory.  Maybe smart money is more stupid than I think and just follows its dick.  And it is also under the hypothesis that crypto is a speculative token market, and not something that is really driven by actual usage.

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May 05, 2017, 06:10:24 AM
 #68

Btc isnt dying infact it would live even more because the price is still rising and comparing to LTC you can already say such thing comparing the growth percentage.LTC does really have the edge since it do only have 2 digit amount and considering the movement and marketcap LTC wont really stand a chance but still a good alternative if you do want to earn some money with it.

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May 05, 2017, 06:28:29 AM
 #69


BTC Price increased by ~62%
LTC Price increased by ~564.3%

LTC have a big potential but its potetial also come from bitcoin
LTC price go higher because of bitcoin price itself
instead of buying ltc before if you keep of your bitcoin and exchange it today i dont think there much diffirence



Hmm,
I would suggest you study simple multiplication.

Your Amount of Money * 62%
Verses
Your Amount of Money * 564.3%

If you don't understand why the 564.3% is dramatically better, I suggest you find your 1st grade school teacher and slap the shit out of her , because she failed you.    Wink

 Cool

The larger marketcap and being more mature the asset, make it harder for bitcoin to have those kinds of swings.  It's impossible for Apple stock to 5x in a quarter at this point.  A penny stock can 5x overnight.

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May 05, 2017, 06:48:16 AM
 #70

The larger marketcap and being more mature the asset, make it harder for bitcoin to have those kinds of swings.  It's impossible for Apple stock to 5x in a quarter at this point.  A penny stock can 5x overnight.

no not at all. there are at least a 100 altcoins with potentially bigger marketcap that are easy to go up and down.
have you even looked at the first page and what i have posted? apparently not.
marketcap doesn't show anything at all. it is just showing how much supply a cryptocurrency has and nothing more.

what makes those things you mentioned such as Apple stock, to have smaller swings is not their marketcap it is their volume and the demand they have. the orderbooks in another market which is big does not consist of orders as small as a $1000 dollar. and certainly in those markets one person or one group of people don't own 80% of the shares on the market. and definitely they can not manipulate the market as easy as an altcoin market. and you know manipulation and pump and dump is highly illegal in many countries.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 05, 2017, 07:13:10 AM
 #71

~ Jan 30th, 2017
BTC Price was $922.95
LTC Price was     $3.86

Now on May 04, 2017
BTC Price is $1500.13
LTC Price is     $21.78

BTC Price increased by ~62%
LTC Price increased by
~564.3%

Writing is on the Wall People , Profit from it or ignore it , your Choice!

$1000 invested in BTC would now be $ 1620

$1000 invested in LTC would now be $ 5643   Cheesy Cheesy Cheesy


Class Dismissed.  Smiley

 Cool

If you would have bought Ripple, you would have $6971, and would not have invested in an energy wasting network.
You would be able to do transactions 100x faster. Time is money, remember ?


Your point being that Ripple must be the new king right?
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May 05, 2017, 08:54:16 AM
 #72

It's different this time (tm), because SegWit.

But then bitcoin will eventually achieve some sort of scaling solution. Once AntBleed and ASICBoost are no longer factors, opposition to SegWit activation for bitcoin will evaporate. The fact that LTC will be there to demonstrate the stability and benefits of SegWit just accelerates things. Then LTC will crash again, and BTC will retain its crown.

Why? Marketing.

People outside the cryptoverse have heard of Bitcoin. They haven't heard of Litecoin. They're more likely to have heard of ethereum than litecoin.

And marketing is everything. Bitcoin is the Coca-Cola of crypto: number one brand on the planet, and that alone is worth its weight in bits.

Well, litecoin has one marketing thing going for it by accident...

Lightning network on Litecoin? A very serendipitous marketing collision... for litecoin anyway.
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May 05, 2017, 09:25:54 AM
 #73

Bitcoin won't die. What would happen is litecoin would be one of the closest competitors of bitcoin on the market someday just like ethereum. But I agree that litecoin is rising faster than bitcoin and I hope it would not stop.
With this point I agree. Litecoin is just one of the best cryptos along with eth and btc. Ltc is indeed rising faster that btc right now. But this 'now' aspect is very important. The OP gave us the calculations but they don't take into account the previous history. There were times when bitcoin was growing and litecoin was worth only around $6. So, my point is, litecoin will not always grow faster than bitcoin and we can't talk about it overtaking the throne yet.

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May 05, 2017, 09:34:26 AM
 #74

Litecoin the new King of the Deaths;


Is the winter coming for Bitcoin? Huh

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May 05, 2017, 11:29:26 AM
 #75

Bitcoin won't die. What would happen is litecoin would be one of the closest competitors of bitcoin on the market someday just like ethereum. But I agree that litecoin is rising faster than bitcoin and I hope it would not stop.
With this point I agree. Litecoin is just one of the best cryptos along with eth and btc. Ltc is indeed rising faster that btc right now. But this 'now' aspect is very important. The OP gave us the calculations but they don't take into account the previous history. There were times when bitcoin was growing and litecoin was worth only around $6. So, my point is, litecoin will not always grow faster than bitcoin and we can't talk about it overtaking the throne yet.

I think a coin will die if it runs out if coins or all its coined are mined and off course investors. Many coins are now rising up to the ranks thanks to investors who are willing to help a coin. LTC for one just released coins and many mined it just in time. I will not say that LTC is the biggest but there other comparable fluctuations in other coins. ethereum for started after LTC but its one of the next highest coin after btc. So i dont really see any coins dying. Another story if a coin is for scam only.
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May 05, 2017, 12:38:11 PM
 #76

The Reason BTC is Dying

is the Following

Am I the only one realizing that ~$1 fee to make a transaction is absolutely insane and defeats one of the core benefits of using bitcoin for daily transactions.

This is getting insane and is completely uncalled for, or am I wrong?

The reason none of the other Alts beside LTC are going to skyrocket ,
is only LTC is getting the direct LTC/Fiat Wallet on Coinbase.

It is all about the fee system.

And the reason , BTC is not a Store of Value
It requires millions of Dollars every month to keep the BTC network running,
thinking that outflow of money can continue to happen , when there are no transactions to help finance the miners, only proves the person believing that is a moron.
Gold or Silver you can store and forget til you need it,
BTC requires blockchain updates and multi million dollar infrastructure to keep it running, and they can't survive forever without transactions fees.

Saying BTC is a store of value, is like saying a walmart gift card is a store of value, because you can not guarantee the store will not be closed before you need to redeem it.
No BTC miners and your BTC is worthless, because it is frozen in a dead blockchain.

 Cool

FYI:
No BTC Transactions = No Transaction Fees = No BTC Miners = Frozen Blockchain = Dead Bitcoin
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May 05, 2017, 02:47:19 PM
 #77

And the reason , BTC is not a Store of Value
It requires millions of Dollars every month to keep the BTC network running,
thinking that outflow of money can continue to happen , when there are no transactions to help finance the miners, only proves the person believing that is a moron.

This sounds sooooo dot-com bubble !
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May 05, 2017, 02:55:12 PM
 #78

Your comparison is invalid – you can't simply replace Bitcoin with Litecoin due to a simple rise in price. Always remember what experienced traders say, "An alternative coin can easily go from $10 to $20 rather than $100 to $200." The more the price rises, the harder it gets for it to rise again.

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May 05, 2017, 03:15:29 PM
 #79

Your comparison is invalid – you can't simply replace Bitcoin with Litecoin due to a simple rise in price. Always remember what experienced traders say, "An alternative coin can easily go from $10 to $20 rather than $100 to $200." The more the price rises, the harder it gets for it to rise again.

I was thinking the same thing. Now with Eth at 100 and Dash at 100 is there really anyway for them to get higher than that? LTC will probably hit 100 as well then just sit there. Who knows where this market is going. I hope that all coins go to 100 lol. Because I'm not holding Eth or Dash but I do have some LTC. Moooooon!



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May 05, 2017, 03:21:58 PM
 #80

Your comparison is invalid – you can't simply replace Bitcoin with Litecoin due to a simple rise in price. Always remember what experienced traders say, "An alternative coin can easily go from $10 to $20 rather than $100 to $200." The more the price rises, the harder it gets for it to rise again.

I was thinking the same thing. Now with Eth at 100 and Dash at 100 is there really anyway for them to get higher than that? LTC will probably hit 100 as well then just sit there. Who knows where this market is going. I hope that all coins go to 100 lol. Because I'm not holding Eth or Dash but I do have some LTC. Moooooon!


Most definitely, Going from 1200$ to 1500$ is allot difficult than raising from 5$ to 20$ or 25$. People should understand this, it will get difficult to increase as the price above the sky. I dont think LTC will ever reach the heights which BTC has touched.

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May 05, 2017, 03:30:47 PM
 #81

Your comparison is invalid – you can't simply replace Bitcoin with Litecoin due to a simple rise in price. Always remember what experienced traders say, "An alternative coin can easily go from $10 to $20 rather than $100 to $200." The more the price rises, the harder it gets for it to rise again.

Your reasoning is invalid, thinking poor people or smart people will pay excessive fees to send money is insane.
LTC is no longer the alternative choice , due to BTC higher fees for many people , LTC will be the only choice.

Once LTC new Coinbase wallet is online, I can personally attest ,
that I will never Buy another BTC, and will only use LTC, because I am not going to throw money away on insanely high transaction fees.

Stupid people that want to waste money on BTC, feel free , but the rest of us will switch to LTC.


 Cool

FYI:
Broaden your understanding of the world and compare exchange rate of different currencies,
thinking $1 is not a lot for a transaction fee, when in some countries that is a half a day's wage ,
all of those people will have no choice but LTC as BTC is already Priced out of their markets.  Tongue
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May 05, 2017, 03:42:20 PM
 #82

Your comparison is invalid – you can't simply replace Bitcoin with Litecoin due to a simple rise in price. Always remember what experienced traders say, "An alternative coin can easily go from $10 to $20 rather than $100 to $200." The more the price rises, the harder it gets for it to rise again.

Yeah. That big jump on the price of LTC is just the price ceiling of that coin. No one will ever bought again with higher price than that because it is very risky since a hard dump is possible anytime once the price move up again. Some whale want to earn big amount on LTC

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May 05, 2017, 03:45:36 PM
 #83

Very stupid thread about dying BTC and thriving LTC. Both are doing well but altcoins are on fire babe  Tongue



.
.BIG WINNER!.
[15.00000000 BTC]


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May 05, 2017, 05:19:58 PM
 #84

I believe Litecoin has a great potential specially with the fact that it has Segwit already (or almost).

But the thing is all these altcoins are only used in trading to/from bitcoins. They don't have much buying potential if compared to bitcoins. And that's almost the only difference (at least in case of the successful ones ).

Actually the current increasing in the price of BTC is really promising as well.

In the end no body knows what's gonna happen Cheesy

Litecoin can be traded against USD and EUR, on places like Kraken and Coinbase.

 
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May 05, 2017, 08:39:19 PM
 #85

Wait so you are saying that bitcoin investors are dumb who have been holding their coin for so long. Here's a example:
October 12 th 2009
Bitcoin price 0.001$ per bitcoin
Ltc - Oh wait it didn't even exist.
16th feb 2013
LTC - 0.07$
Btc - 47$
Year 2017
ltc - 25.52$
Bitcoin - 1550$

4 years ltc increase - 36357%
4 years bitcoin increase - 3197%
Idk if my calculations are wrong or maybe you are right inone way but bitcoin is more famous than ltc and this increase won't last long like bitcoin and this is just a pump.
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May 05, 2017, 08:41:25 PM
 #86

"DYING"..How exactly is Bitcoin dying? It has risen in price and market cap steadily moving upwards. Its the most popular and trusted cryptocurrency available today. Yes, litecoin did increase its price, but it has for years remained under 4$.. This price increase is normal and nothing really special. Amazing technology indeed, but its coming to bitcoin too, sooner or later. Bitcoin is and will remain the king in crypto.
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May 05, 2017, 08:46:54 PM
 #87

YA bitcoin has been on the choochoo lately, litecoin def looking nice right now but bitcoin is still king


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May 05, 2017, 09:02:41 PM
Last edit: May 05, 2017, 09:15:34 PM by kiklo
 #88

"DYING"..How exactly is Bitcoin dying? It has risen in price and market cap steadily moving upwards. Its the most popular and trusted cryptocurrency available today. Yes, litecoin did increase its price, but it has for years remained under 4$.. This price increase is normal and nothing really special. Amazing technology indeed, but its coming to bitcoin too, sooner or later. Bitcoin is and will remain the king in crypto.


The problem is BTC transaction Fees are too high, that is what will kill usage of BTC and later the coin itself.
It can not remain King , if no one can afford to use it and generate transaction fees to pay the miners.

Those that think it can, believe in it like a false religion,
In reality  BTC is the 8 Track Tape player of Crypto, and LTC is the sony walkman that will replace it.


 Cool
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May 05, 2017, 09:12:42 PM
 #89

Wait so you are saying that bitcoin investors are dumb who have been holding their coin for so long. Here's a example:
October 12 th 2009
Bitcoin price 0.001$ per bitcoin
Ltc - Oh wait it didn't even exist.
16th feb 2013
LTC - 0.07$
Btc - 47$
Year 2017
ltc - 25.52$
Bitcoin - 1550$

4 years ltc increase - 36357%
4 years bitcoin increase - 3197%
Idk if my calculations are wrong or maybe you are right inone way but bitcoin is more famous than ltc and this increase won't last long like bitcoin and this is just a pump.


Anyone that just holds a coin forever,  yes they are downright fools.
Because BTC price has been in the Shitter since Nov 2013 (~4 years), only now in 2017 is there a window, that those buyers could make a profit, if they continue to hold , they will lose out.

Side Note: Always take some profits off the Table, only Gamblers are dumb enough to let it ride to infinity , because if you play long enough the House always wins.

 Cool

FYI:
The thing that is different this time around , is that BTC is Failing meet the Onchain Transaction Capacity required by its users,
Transactions are Slow and OverPriced compared to the rest of the markets.
Example:
Do you go and sit at a restaurant and wait 3 days and pay 50X as much in price, when another restaurant across the street can serve you faster and cheaper , and the food quality is just as good. Only a fool overpays for bad service on a continuous basics.
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May 05, 2017, 10:23:11 PM
 #90

The irony on all of this is the fact that kiklo is one of the couple known anti segwit trollls that spend 24/7 posting segwit FUD, and the only reason that Litecoin is going up is thanks to segwit, because without segwit it would be yet another shitcoin, but now with segwit LTC is going to mars, and when LN is operative, it's going to pluto.
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May 05, 2017, 11:36:02 PM
 #91

Your comparison is invalid – you can't simply replace Bitcoin with Litecoin due to a simple rise in price. Always remember what experienced traders say, "An alternative coin can easily go from $10 to $20 rather than $100 to $200." The more the price rises, the harder it gets for it to rise again.

I was thinking the same thing. Now with Eth at 100 and Dash at 100 is there really anyway for them to get higher than that? LTC will probably hit 100 as well then just sit there. Who knows where this market is going. I hope that all coins go to 100 lol. Because I'm not holding Eth or Dash but I do have some LTC. Moooooon!


Most definitely, Going from 1200$ to 1500$ is allot difficult than raising from 5$ to 20$ or 25$. People should understand this, it will get difficult to increase as the price above the sky. I dont think LTC will ever reach the heights which BTC has touched.

I agree, and bitcoin have gone too far already several miles compared to any altcoins. Most altcoins are riding the rise of bitcoin which is also good because last time I remember, when btc goes up, the altcoins are the casualty. Let us all be happy that our favorite altcoins are coping up with btc, but claiming it as superior to the other is not favorable.

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May 05, 2017, 11:47:30 PM
Last edit: May 06, 2017, 12:57:37 AM by dennyd999
 #92

That's an perfect calculation, which makes users​ understand the potential growth of LTC in comparison to bitcoin. In my personal opinion LTC is preferred only as an trading coin and haven't got other usage similar to bitcoin. This has caused a lacking of popularity, so later on while it gets used similar to bitcoin the living hope on LTC might be experienced by the users. For the same reason we cannot say bitcoin is dying.

Yes it was cool to make some money..Now its over.

I will not use litecoin in my payments..i will pay in ETH and BTC. thats all.


Also all benefits from Segwit is for Bitcoin not Litecoin...Even lighting network is for Bitcoin. litecoin is blockstream sandbox. Blockstream will never get Segwit on Bitcoin. Who will use litecoin without bitcoin on lighting network?
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May 06, 2017, 01:35:19 AM
 #93

The irony on all of this is the fact that kiklo is one of the couple known anti segwit trollls that spend 24/7 posting segwit FUD, and the only reason that Litecoin is going up is thanks to segwit, because without segwit it would be yet another shitcoin, but now with segwit LTC is going to mars, and when LN is operative, it's going to pluto.

ShitWit has nothing to do with it.
LN is pretty useless on LTC, they don't have any transactions capacity issues to require offchain transactions.
Plus LN will require a banking license in the future, so for most it will be a complete waste of time.

Coinbase direct wallet is all that matters.


 Cool

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May 06, 2017, 01:40:23 AM
 #94

The irony on all of this is the fact that kiklo is one of the couple known anti segwit trollls that spend 24/7 posting segwit FUD, and the only reason that Litecoin is going up is thanks to segwit, because without segwit it would be yet another shitcoin, but now with segwit LTC is going to mars, and when LN is operative, it's going to pluto.

ShitWit has nothing to do with it.
LN is pretty useless on LTC, they don't have any transactions capacity issues to require offchain transactions.
Plus LN will require a banking license in the future, so for most it will be a complete waste of time.

Coinbase direct wallet is all that matters.


 Cool



Barry Silbert alone can do nothing.he is not even developer. I will never again buy ltc nor use it. fckmthfck!
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May 06, 2017, 01:45:41 AM
 #95

The irony on all of this is the fact that kiklo is one of the couple known anti segwit trollls that spend 24/7 posting segwit FUD, and the only reason that Litecoin is going up is thanks to segwit, because without segwit it would be yet another shitcoin, but now with segwit LTC is going to mars, and when LN is operative, it's going to pluto.

The irony is that LTC does not need or benefit from segwit + LN...
And neither do any of the other 5-6 alts that are working on segwit + LN.

The benefit comes ONLY if Bitcoin adopts BOTH segwit and LN in the future...
In which case LTC will be able to route atomic BTC transactions.

Again, the crazy explosion in segwit + LN alts depends entirely on Bitcoin adopting segwit + LN... someday long away.

None of this is complicated... but > 90% of "crypto enthusiasts" get it wrong  Cheesy
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May 06, 2017, 01:48:47 AM
 #96

The irony on all of this is the fact that kiklo is one of the couple known anti segwit trollls that spend 24/7 posting segwit FUD, and the only reason that Litecoin is going up is thanks to segwit, because without segwit it would be yet another shitcoin, but now with segwit LTC is going to mars, and when LN is operative, it's going to pluto.

ShitWit has nothing to do with it.
LN is pretty useless on LTC, they don't have any transactions capacity issues to require offchain transactions.
Plus LN will require a banking license in the future, so for most it will be a complete waste of time.

Coinbase direct wallet is all that matters.


 Cool



Barry Silbert alone can do nothing.he is not even developer. I will never again buy ltc nor use it. fckmthfck!

You seem confused no one cares what you personally do.

It is the Majority of people that will use LTC,
1.  They don't like wasting money
or
2.  They are too poor to afford BTC insane transactions fees,

FYI:
If you are rich and stupid , feel free to use BTC all day , smarter and poorer people won't waste money like that.  Wink


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kiklo (OP)
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May 06, 2017, 01:55:58 AM
 #97

The irony on all of this is the fact that kiklo is one of the couple known anti segwit trollls that spend 24/7 posting segwit FUD, and the only reason that Litecoin is going up is thanks to segwit, because without segwit it would be yet another shitcoin, but now with segwit LTC is going to mars, and when LN is operative, it's going to pluto.

The irony is that LTC does not need or benefit from segwit + LN...
And neither do any of the other 5-6 alts that are working on segwit + LN.

The benefit comes ONLY if Bitcoin adopts BOTH segwit and LN in the future...
In which case LTC will be able to route atomic BTC transactions.

Again, the crazy explosion in segwit + LN alts depends entirely on Bitcoin adopting segwit + LN... someday long away.

None of this is complicated... but > 90% of "crypto enthusiasts" get it wrong  Cheesy



Exactly,   Smiley

The same Chinese Mining Companies control over 51% of BTC & LTC mining.
They activates segwit on LTC and are blocking segwit on BTC, the exact same people.

1. LTC has plenty of ONCHAIN Capacity so shitwit , is no real threat to them.

2. BTC does not have enough Onchain capacity and core is blocking a hard fork that could give them more, so LN would directly steal their transaction fees, (which are insanely high to begin with).  Tongue

3. Big promise of LN is to allow swapping of segwit coins on LN hubs, no offense but odd are exchanges could do it faster and cheaper than the LN hubs.
    Plus if shitwit is never activated on BTC, that promise was false.


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dennyd999
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May 06, 2017, 02:02:24 AM
 #98

The irony on all of this is the fact that kiklo is one of the couple known anti segwit trollls that spend 24/7 posting segwit FUD, and the only reason that Litecoin is going up is thanks to segwit, because without segwit it would be yet another shitcoin, but now with segwit LTC is going to mars, and when LN is operative, it's going to pluto.

ShitWit has nothing to do with it.
LN is pretty useless on LTC, they don't have any transactions capacity issues to require offchain transactions.
Plus LN will require a banking license in the future, so for most it will be a complete waste of time.

Coinbase direct wallet is all that matters.


 Cool



Barry Silbert alone can do nothing.he is not even developer. I will never again buy ltc nor use it. fckmthfck!

You seem confused no one cares what you personally do.

It is the Majority of people that will use LTC,
1.  They don't like wasting money
or
2.  They are too poor to afford BTC insane transactions fees,

FYI:
If you are rich and stupid , feel free to use BTC all day , smarter and poorer people won't waste money like that.  Wink


 Cool

Majority you say?

Well when I talk to people and ask what they now about crypto?

-Bitcoin ,Darknet. They answer me.

Thats all


What majority of poor people you talk? wich mostly is no education at all ..they even do not know how exactly the internet work. they do not need litecoin

Hipsters need Bitcoins.

Bitcoins it all that they now.


Well if you plan to open a world wide office chain and do it for people at place like WU and MoneyGram, please do it. Because blockchain is realyy cool and important. BUt it is too complicated for poor people sadly.

We need live people sitting in office to provide it to poor people.

Litecoin for poor people worldwide?? Well it is great but at this point immposible..

Even Bitcoin can not do it. VISA is unbitable transaction per s.
xuan87
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May 06, 2017, 02:07:35 AM
 #99

It is too early to claim ltc to become the king there are still ethereum and then bitcoin still stand strong in the top, the rising of litecoin not going to affect much, bitcoin also got a significant rise when lite coin dormant in the last year, so litecoin will not take bitcoin soon, it is still very far from taking bitcoin place


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lockept93
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May 06, 2017, 02:08:06 AM
 #100

With the bitcoin rising there is space for an alt coin for microtransactions on net. And Litecoin has the look like a silvermoney in a game, and btc is the high value gold.

I think litecoin will rise so long btc would do this.

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May 06, 2017, 05:01:25 AM
Last edit: May 06, 2017, 05:19:01 AM by oup59
 #101

What do you think about the current LTC price boost considering Segwit activation and LN?

Can LTC climb to 30-35 USD rapidly before Segwit is fully activated this incoming week and then to its highest USD value (48-50) after SW?

If it does, can LTC stay on this level for good and stabilise or shall we expect the opposite?

I got into LTC trading just a little before it starts its current rally where its price was around 10-11 USD and actually made some profit which I took out of the table as real money is money in my pocket not on my coin accounting/exchanging/trading tables Smiley

Then I bought some more LTC with current (high) price. I noticed it may not be the best way to make purchases on an asset when it is on pump but SW and LN looks promising for me.

Currently I am on negative side and losing (virtual) money for this trade which is still very fresh (yesterday to today) and ongoing and I will not incur real loss unless I sell my LTC for a lower price then I bought. Actually a market price of 33-35 USD would be good enough for me to make my expected gains.

Also I am not after incredible profits but I just would like to get some extra money to make life easier for myself, my wife and our cat Smiley

So far, for crypto coin trading, I build a little, test a little and learn a lot.

Hope the best for all.
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May 06, 2017, 05:16:26 AM
 #102

The slow transactions and high fees hurt BTC , the altcoins gained terrain and inertia  because of that

Babyrica0226
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May 06, 2017, 08:06:29 AM
 #103

With the bitcoin rising there is space for an alt coin for microtransactions on net. And Litecoin has the look like a silvermoney in a game, and btc is the high value gold.

I think litecoin will rise so long btc would do this.

You had a point on it, Litecoin shows or stand as Silver money, and Bitcoin as gold. However, it is not because Litecoin increase more than the average of bitcoin increases does that means LTC surpassed bitcoin already, of course not! still the bitcoin prevails on top.
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May 06, 2017, 09:42:08 AM
 #104

So many different stats and opinions, i'm confused lol
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May 06, 2017, 09:48:31 AM
 #105

Don't make me laugh, btc will always be the king of crypto's.
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May 06, 2017, 10:01:11 AM
 #106

The slow transactions and high fees hurt BTC , the altcoins gained terrain and inertia  because of that

bitcoin don't have slow transaction, transactions are instant like all the other coins, onlyconfirmations require 10 min on average to confirm, but this was done because of orphan block, i would be curious to compare with other coins the amount of orphan block they have versus bitcoin, i bet it's much higher

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May 06, 2017, 10:38:22 AM
 #107

The slow transactions and high fees hurt BTC , the altcoins gained terrain and inertia  because of that

bitcoin don't have slow transaction, transactions are instant like all the other coins, onlyconfirmations require 10 min on average to confirm, but this was done because of orphan block, i would be curious to compare with other coins the amount of orphan block they have versus bitcoin, i bet it's much higher

BTC has an average of 3 orphans per day.
LTC has an average of 2 orphans per day.

LTC is better & faster.  Cheesy

Zero confirmations don't matter, anyone can doublespend on a fool that does not wait the required confirmations.


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kiklo (OP)
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May 06, 2017, 11:03:59 AM
 #108

Don't make me laugh, btc will always be the king of crypto's.

BTC is almost over its 10 year product cycle, where a new product takes over.

I guess you still listen to music on your 8 track.  Cheesy




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christie
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May 06, 2017, 12:15:27 PM
 #109

The slow transactions and high fees hurt BTC ,the altcoins gained terrain and inertia  because of that

yeah, I think this is the point

thejaytiesto
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May 06, 2017, 12:44:59 PM
 #110

The irony on all of this is the fact that kiklo is one of the couple known anti segwit trollls that spend 24/7 posting segwit FUD, and the only reason that Litecoin is going up is thanks to segwit, because without segwit it would be yet another shitcoin, but now with segwit LTC is going to mars, and when LN is operative, it's going to pluto.

ShitWit has nothing to do with it.
LN is pretty useless on LTC, they don't have any transactions capacity issues to require offchain transactions.
Plus LN will require a banking license in the future, so for most it will be a complete waste of time.

Coinbase direct wallet is all that matters.


 Cool



It's all about segwit dumbass. Why do you think Coinbase added LTC? because segwit sparked interest in LTC again after it was a dead shitcoin. Now thanks to segwit, Lightning Network developers will move there.

LN will not require shit, stop the FUD and kys.
KesoNie
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May 06, 2017, 01:06:03 PM
 #111

lol, bitcoin has the highest value among all other cypto currency , among all coins it has the highest satisfactory rate and it has many investors, as time goes by bitcoin increases its value more than before.
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