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Question: At what cap range will they meet each other?
Above 200m
150m-200m
100m-150m
Below 100m
NXT will never reach market cap of LTC

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Author Topic: LTC and NXT market caps meeting point  (Read 5907 times)
LiQio
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July 02, 2014, 06:23:36 AM
 #21

What's the link to see the current hash rate of Litecoin, please?

e.g. https://bitcoinwisdom.com/litecoin/difficulty
From Above
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July 02, 2014, 06:24:24 AM
 #22

no!!!!!!!!!! LiteCoin will go to $1000 Cuz it the best!!!!!!!!!!!!!!!!!!!!!!!!!!!PoW!!!!!!!!!!hashpower!!!!!!!!!innovation!!!!adoption!!!11111
lets suck on Coblees tit

~CfA~

devphp (OP)
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July 02, 2014, 06:24:35 AM
 #23

What's the link to see the current hash rate of Litecoin, please?

e.g. https://bitcoinwisdom.com/litecoin/difficulty

thank you
devphp (OP)
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July 02, 2014, 07:48:02 AM
 #24

Have you seen hashrate.org?
although an effort it will never be a good one. That multipool will always depend on the other coins to do well so they can trade. In other words.. the pool depends on POW.

ironically it could be mining litecoin..

Why do you think this effort will not be a good one? Look a bit further ahead. There will always be miners with hardware (well, I can't really say 'always', but at least the next 2-3 years - we can be sure of that time frame). Miners don't care what to mine as long as it's profitable. They can mine Litecoin, Bitcoin, anything else. The pool depends on PoW, so what? In the NXT philosophy PoW was a bootstrapping mechanism that brought it into existance (it was an IPO launched with Bitcoins), nothing wrong with PoW in that aspect. NXT even plans to run PoW currencies on top of it, fully backed by NXTs, once the Monetary System feature is implemented.
https://nxtforum.org/monetary-system/
https://nxtforum.org/monetary-system/pow-currencies-on-top-of-nxt/
ShroomsKit_Disgrace
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July 02, 2014, 08:19:04 AM
 #25

2months, not more, and NXT will overtake LTC.

Mark my words please.
bitcoin-world.de
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July 02, 2014, 08:26:31 AM
 #26

I dont know why so many haters about NXT. It has the best features of all coins out there. Look at the developement progress, the interviews on youtube with some developers. For me its technically the best system, but look at yourself and download and test it before spamming this thread without knowledge. Also the biggest advance is that this coin is secure without mining and dont consume much power like the other systems.
juicyjuice87
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July 02, 2014, 08:52:34 AM
 #27

If I was a POW fan boy I would be shating my panties as well. NXT is set to take the world by storm
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July 02, 2014, 09:50:31 AM
 #28

Ipo scam NXT coin distributed to 70 people won't ever reach Litecoins marketcap.

haha most coins will reach LTC marketcap, cause it is simply dying.

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July 02, 2014, 11:07:05 AM
 #29

NXT supply = ~1 Billion NXT

LTC supply = ~30 million LTC

Hardly a way to compare the two (via market caps).

If NXT's supply was 1 Trillion then there you go you win the market cap game. LOL.

 Cheesy Cheesy Cheesy

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devphp (OP)
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July 02, 2014, 11:13:35 AM
Last edit: July 02, 2014, 11:30:01 AM by devphp
 #30

NXT supply = ~1 Billion NXT

LTC supply = ~30 million LTC

Hardly a way to compare the two (via market caps).

If NXT's supply was 1 Trillion then there you go you win the market cap game. LOL.

 Cheesy Cheesy Cheesy

How can a hero member say such a ridiculous thing? Cheesy

Market cap doesn't care about how many units are in an asset or currency, market cap is market cap, if there are more units in one asset/currency than the other, all other factors being equal - each individual unit of that asset/currency is just cheaper, that's all. I mean, come on, it can't get any more stupid Grin
Shivalein
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July 02, 2014, 11:31:36 AM
 #31

NXT supply = ~1 Billion NXT

LTC supply = ~30 million LTC

Hardly a way to compare the two (via market caps).

If NXT's supply was 1 Trillion then there you go you win the market cap game. LOL.

 Cheesy Cheesy Cheesy

How can a hero member say such a ridiculous thing? Cheesy

Market cap doesn't care about how many units are in an asset or currency, market cap is market cap, if there are more units in one asset/currency than the other, all other factors being equal - each individual unit of that asset/currency is just cheaper, that's all. I mean, come on, it can't get any more stupid Grin



nice one  Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin Grin


Ivan166
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July 02, 2014, 12:02:55 PM
 #32

Ipo scam NXT coin distributed to 70 people won't ever reach Litecoins marketcap.

Agreed, Nxt was scam.
But you can don't forgive 'awful' initial distribution for the next 100% PoS coins (like Qora) but for Nxt you can grant that privilege because Nxt was first 2gen cryptocurrency.


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LiQio
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July 02, 2014, 12:15:22 PM
 #33

Ipo scam NXT coin distributed to 70 people won't ever reach Litecoins marketcap.

Agreed, Nxt was scam.
But you can don't forgive 'awful' initial distribution for the next 100% PoS coins (like Qora) but for Nxt you can grant that privilege because Nxt was first 2gen cryptocurrency.



The word scam is definitely not the word you want to use when referring to NXT.
Unlike countless crypto scams NXT seems to provide great features, great community, hard-working devs, a stable growth in value and most importantly it is still a bargain to hop on the train.

Bottom line: Nxt is the full package!
Daedelus
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July 02, 2014, 12:16:08 PM
 #34

LTC and NXT market cap ratios, care of RickyJames (+ I added today's  Grin):


MAR 17 - 459.3 / 32.5 = 16.9
APR 04 - 294.9 / 28.0 = 10.5
APR 16 - 252.9 / 19.8 =  12.8
MAY 06 - 293.2 / 22.5 = 13.0
MAY 18 - 296.1 / 41.3 = 7.2
JUN 05 - 319.4 / 75.3 = 4.2
JUN 16 - 289.0 / 75.9 = 3.8
JUL 02 - 236.2 / 60.1 = 3.9

The LTC / NXT marketcap ratio has changed pretty markedly.


There is definately a trend there... maybe this will help to decide when LTC / NXT ratio < 1
juicyjuice87
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July 02, 2014, 12:18:27 PM
 #35

Ipo scam NXT coin distributed to 70 people won't ever reach Litecoins marketcap.

Agreed, Nxt was scam.
But you can don't forgive 'awful' initial distribution for the next 100% PoS coins (like Qora) but for Nxt you can grant that privilege because Nxt was first 2gen cryptocurrency.



Scam? Wtf lol! We have another sheep in da house that can't think for himself.
farl4web
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July 02, 2014, 12:33:01 PM
 #36

Scam is certainly not the right word, the first distribution could be better. But what do you expect from the first 100% PoW coin? The registration was open for more than 60 days! That is way longer than most other altcoins do nowadays. Only a few people took the risk to send there BTC to this weird guys called BCNext…and I am jealous at them for it!  Sad

But that is what it is, Nxt has still a lot of potential, even to get bigger than Bitcoin. So I will HOLD what I got and wait a few years.  Grin
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July 02, 2014, 01:08:54 PM
 #37

bla bla, Litecoin bla bla I masturbate with my own tears bla bla, bla I hate NXT bla, bla distribution, bla bla and bla!

Sorry Litecoin guys, but there is no reason for LTC to stay alive. Why? Why should it? What does it have to offer others dont? Shocked

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ShroomsKit_Disgrace
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July 02, 2014, 01:24:51 PM
 #38

NXT supply = ~1 Billion NXT

LTC supply = ~30 million LTC

Hardly a way to compare the two (via market caps).

If NXT's supply was 1 Trillion then there you go you win the market cap game. LOL.

 Cheesy Cheesy Cheesy

WOW! This stupidity coming from a guy with more than 11000posts on this forum got me astonished.

How can you say that? So LTC marketcap is >2 times bigger than BTC according to your logic, Retard Master?
verdun2003
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July 02, 2014, 03:39:30 PM
 #39

0.31% btc accounts own 94,73% of ALL BTC's

newuser01
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July 02, 2014, 03:41:22 PM
 #40

0.31% btc accounts own 94,73% of ALL BTC's

cool

what is it with NXT?

like 0.01% own 99% of all coins or something?


The only thing keeping this shitcoin alive is these daily hype threads with zero actual facts

I kid you not, there's at least 20 of them everyday on here.
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