LiteCoins

[Jake.Hobson]

I admit to being a little skeptical about LTCs.  While I will probably mine a few along with legacy GPUs, I don't understand the purpose of the multiplicity of the the digital crypto currencies.  I heard of the analogy "LTC's silver to Bitcoin's Gold", but I am still trying to figure out what that means practically.

[1714743379]

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[1714743379]

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[1714743379]

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[Bunny84]

LTC is better than BTC in several ways, f.e. speed of transaction or safety or mining.... etc

[pavimus]

i think LTC is more perpective at now. LTC/BTC exchange rate is growing in time. Some last months LTC/BTC growed in many times. Next growing may happen when LTC come to mtgox.

[happybolla]

if LTC come to mtgox, price will growing up to 10$ 

[aceking]

most people buy because they expect that their price will rise when they will be introduced at mtgox.

[1bettor.com]

Litecoin could be the facebook, BTC myspace?

[Avengers_Assemble]

Litecoin could be the facebook, BTC myspace?

I've heard several people say this. But I have no idea why people think this. I thought the only actual use of LTC is to convert to BTC. So why would LTC get bigger than BTC?

[hunnaryb]

There is nothing wrong with mining alt coin that is most profitable and trading to Bitcoin asap - and dont tell me LTC is somehow different alt coin. What drive new people to cryptocurrencies is Bitcoin afaik.

[metacoin]

scrypt algorithm, transaction time, and block reward differences (the third is mostly psychological) are the major differences between BTC and LTC