BTC is DYING, LONG LIVE THE NEW KING LTC

[kiklo]

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.


 

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. 

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[Eternad]

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

[Arvydas77]

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

[alyssa85]

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

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

[giveen]

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.

[Geraldo]

"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.

[oaks05]

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

[kiklo]

"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.


 

[kiklo]

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.

 

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.

[thejaytiesto]

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.

[clickerz]

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.

[dennyd999]

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?

[kiklo]

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.


 

[dennyd999]

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.


 

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

[Zer0Sum]

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 

[kiklo]

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.


 

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. 


 

[kiklo]

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 

Exactly,   

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). 

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.


  

[dennyd999]

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.


 

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.  


 

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]

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

[lockept93]

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.