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Author Topic: Bitcoin is a Malfunctioning Prototype of Litecoin  (Read 1314 times)
dennyd999
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June 18, 2017, 02:01:51 AM
 #21

Let's face it: Litecoin does everything properly which Bitcoin is supposed to do. With real developer, not some shadowy cartoon character, it is weird it's not valued properly.

I think it should be valued at least 1/10th of bitcoin's price, meaning $250 as we speak.

Litecoin is not some 'trying to do everything type of neo-dot-com-vapor-promise-tech to revolutionize the way we can poop anonymously' etc but rather a functioning payment system and very solid and stable store of value.

Because litecoin has been activated segwit? Its confirmed faster and low fees?
What about if bitcoin activated segwit as well, what will happen? Hopefully those problems will be resolved.

Litecoin price still undervalue, simply because its demand isn't so much as bitcoin or ethereum demands.
Why? Because not many people attracted to litecoin as much they want to buy bitcoin or other (high price/promising) coins.

It is hugely overvaluated.

It is a fake china made Bitcoin copy clone. Nothing.



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June 18, 2017, 02:11:37 AM
 #22

I don't know when people are going to stop comparing a tiny altcoin with bitcoin!
when you are comparing two things these two things have to be in the same state as each other. then compare them. bitcoin is too big compared to any of the altcoins in both number of transactions and number of people using it. if you want to say X is better than BTC then X have to first function with the same number of transactions per day for at least a year and don't break down or centralize or .... then call it "better".

for example how will litecoin function after 3 years of being under constant spam attack on its network

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June 18, 2017, 02:26:46 AM
 #23

Bitcoin came first, then Litecoin was meant to be a lite version of Bitcoin.

You could say that LTC is BTC improved, but a prototype of BTC is an inversion

 
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bohr
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June 18, 2017, 02:32:38 AM
 #24

Let's face it: Litecoin does everything properly which Bitcoin is supposed to do. With real developer, not some shadowy cartoon character, it is weird it's not valued properly.

I think it should be valued at least 1/10th of bitcoin's price, meaning $250 as we speak.

Litecoin is not some 'trying to do everything type of neo-dot-com-vapor-promise-tech to revolutionize the way we can poop anonymously' etc but rather a functioning payment system and very solid and stable store of value.
As long as bitcoin exists, litecoin will not be number one and since litecoin is basically a copy of bitcoin then the chances of litecoin surpassing bitcoin are near zero, if they want to become the number one coin then they need to do things way better than bitcoin.
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