goxed
Legendary
 Offline
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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June 28, 2013, 01:45:39 AM |
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Revewing Bitcoin / Crypto mining Hardware.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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smoothie
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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June 28, 2013, 10:07:34 AM |
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the litcoin price rally goes on in the litecoin chart ...
I dont presume my physical litecoins had any affect on the price no?  |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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Kaiji
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Activity: 140
Merit: 100
Hoist the Colours
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June 28, 2013, 01:26:38 PM |
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I really don't understand the comparisons of Litecoin to silver, they aren't even apples to oranges. It is more like apples to EVE isk.
Seriously, there are no significant distinctions between the two currencies. The only real difference is the network effect(it is money because people say it is etc.). Bitcoin has the crowd and Litecoin doesn't, simple as that.
Silver is an entirely different element with different properties! It has industrial purposes! How does that mean Litecoin has a place with bitcoin!?
I have to agree with you somewhat. Unless Litecoin corners some market where it can be used instead of bitcoin it will never become valuable. We are still in the infancy of cryptocurrency so who knows what the future holds. If some large online business or social group decide to use only litecoin then it becomes established as an asset. As for the other alt coins, they seem to be more of a pump and dump scheme. |
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legitnick
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June 28, 2013, 04:13:26 PM |
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This often happens when Bitcoin is not doing well, Litecoins value will never stray to far from Bitcoins.
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S3052 (OP)
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Activity: 2100
Merit: 1000
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July 02, 2013, 12:35:34 PM |
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litecoin continues to outperform bitcoin
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hate_the_face
Member
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Activity: 84
Merit: 10
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July 02, 2013, 12:38:33 PM |
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I really don't understand the comparisons of Litecoin to silver, they aren't even apples to oranges. It is more like apples to EVE isk.
Seriously, there are no significant distinctions between the two currencies. The only real difference is the network effect(it is money because people say it is etc.). Bitcoin has the crowd and Litecoin doesn't, simple as that.
Silver is an entirely different element with different properties! It has industrial purposes! How does that mean Litecoin has a place with bitcoin!?
Unless Litecoin corners some market where it can be used instead of bitcoin it will never become valuable. We are still in the infancy of cryptocurrency so who knows what the future holds. If some large online business or social group decide to use only litecoin then it becomes established as an asset.maybe you've heard of Atlantis? If not, the more you know... |
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culexevilman
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Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
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July 02, 2013, 01:34:33 PM |
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the dollar is being pumped by the fed you guys realize that right?
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Jaroslaw
Member
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Activity: 84
Merit: 10
supernode
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July 02, 2013, 01:35:22 PM |
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the dollar is being pumped by the fed you guys realize that right?
Wot ? FED investing in bitcoins ? hahaha |
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notme
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Activity: 1904
Merit: 1002
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July 02, 2013, 05:01:12 PM |
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the dollar is being pumped by the fed you guys realize that right?
"Printed" money is actually debt and must be repaid with interest. You realize that right? |
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Kaiji
Full Member
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Activity: 140
Merit: 100
Hoist the Colours
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July 03, 2013, 02:06:48 PM |
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I really don't understand the comparisons of Litecoin to silver, they aren't even apples to oranges. It is more like apples to EVE isk.
Seriously, there are no significant distinctions between the two currencies. The only real difference is the network effect(it is money because people say it is etc.). Bitcoin has the crowd and Litecoin doesn't, simple as that.
Silver is an entirely different element with different properties! It has industrial purposes! How does that mean Litecoin has a place with bitcoin!?
Unless Litecoin corners some market where it can be used instead of bitcoin it will never become valuable. We are still in the infancy of cryptocurrency so who knows what the future holds. If some large online business or social group decide to use only litecoin then it becomes established as an asset.maybe you've heard of Atlantis? If not, the more you know... I have heard of Atlantis and that's a good start. I am not sure how large of a market it is. If it was there would have been a huge rise in the price of LTC. |
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meanig
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July 03, 2013, 02:19:31 PM |
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I really don't understand the comparisons of Litecoin to silver, they aren't even apples to oranges. It is more like apples to EVE isk.
Seriously, there are no significant distinctions between the two currencies. The only real difference is the network effect(it is money because people say it is etc.). Bitcoin has the crowd and Litecoin doesn't, simple as that.
Silver is an entirely different element with different properties! It has industrial purposes! How does that mean Litecoin has a place with bitcoin!?
Unless Litecoin corners some market where it can be used instead of bitcoin it will never become valuable. We are still in the infancy of cryptocurrency so who knows what the future holds. If some large online business or social group decide to use only litecoin then it becomes established as an asset.maybe you've heard of Atlantis? If not, the more you know... I have heard of Atlantis and that's a good start. I am not sure how large of a market it is. If it was there would have been a huge rise in the price of LTC. Due to popular demand Atlantis had to add Bitcoin as a payment option. Litecoin doesn't offer anything unless you're a miner who loves the smell of burning GPUs or you hold a load of LTC . |
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hate_the_face
Member
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Activity: 84
Merit: 10
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July 04, 2013, 02:40:50 PM |
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Except those transfers that take about 45 minutes less , that's kind of a nice feature. It isn't close to SR in terms of total numbers of sales but comparative to where SR was at in the same amount of time it is doing better. Albeit, it came out after SR made that type of website popular, but Facebook came out after Myspace and look how that turned out.
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RationalSpeculator
Sr. Member
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Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
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July 04, 2013, 04:39:11 PM |
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"Printed" money is actually debt and must be repaid with interest. You realize that right?
Not if the loans get extended ad infinitum and requested interest is lower than the true inflation rate ... |
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randrace
Sr. Member
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Activity: 329
Merit: 250
LTC -> BTC -> Silver!
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July 04, 2013, 06:27:32 PM |
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LTC/BTC = .0338  |
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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July 05, 2013, 11:49:39 AM |
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LTC/BTC = .0338 0.0345  |
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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klee
Legendary
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Activity: 1498
Merit: 1000
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July 05, 2013, 12:08:09 PM |
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LTC/BTC = .0338 0.0345 Capital not only out of BTC as in 2011 but actually big part of it IN competitive coins... Interesting times ahead... |
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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July 05, 2013, 12:17:20 PM |
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LTC/BTC = .0338 0.0345 Capital not only out of BTC as in 2011 but actually big part of it IN competitive coins... Interesting times ahead... Some people are not running to fiat...yes times have changed. |
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███████████████████████████████████████
| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
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klee
Legendary
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Activity: 1498
Merit: 1000
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July 05, 2013, 12:19:29 PM |
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LTC/BTC = .0338 0.0345 Capital not only out of BTC as in 2011 but actually big part of it IN competitive coins... Interesting times ahead... Some people are not running to fiat...yes times have changed. Cryptos ecosystem is IT in Fast Forward and Economy 100x FF combined... Only really agile and adaptive people will survive. |
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S3052 (OP)
Legendary
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Activity: 2100
Merit: 1000
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July 06, 2013, 05:40:52 PM |
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LTC/BTC = .0338 0.0345 Capital not only out of BTC as in 2011 but actually big part of it IN competitive coins... Interesting times ahead... Some people are not running to fiat...yes times have changed. Cryptos ecosystem is IT in Fast Forward and Economy 100x FF combined... Only really agile and adaptive people will survive. +10000 |
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