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Author Topic: BTC is DYING, LONG LIVE THE NEW KING LTC  (Read 4604 times)
kiklo
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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.


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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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kiklo
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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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kiklo
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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.


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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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kiklo
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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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