digitalindustry
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August 19, 2014, 03:19:54 PM |
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The coin that's heading for second place is DRK.
No question about it.
It occupies a glaring vacancy in both technical and commercial market landscapes that will grow enormously over the next phase of crypto developments. Not only that but it has sustained its presence throughout a very difficult and challenging period of technical evolution and general market turmoil.
It has seen off market competitors, proven the viability of some key design decisions such as the semi-centralised masternode approach and consolidated the integrity of its codebase.
On top of all that, the recent market turbulence has resulted in a widespread redistribution of large holdings which will further secure its valuations in the future.
For me, this coin is now set to be THE genuine number 2 to bitcoin for reasons far more viable than LTC's ever were.
you do realize there is no reason why Dark will ever go back to where it was ? has mining stopped ? is it full PoS now or something ? if that's the case, if there are few enough holders (unlikely) it might pull another pump? but sorry - that's just reality.
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hackis
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August 19, 2014, 03:37:44 PM |
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I don't even know why some people keep investing in LTC. It's dead coin for a long time. Bitcoin is primary coin but I still think that altcoins are good for BTC community. I earned few bucks thanks to altcoins so they will be there forever as long as people will be interested in them, but I agree that bitcoin will be only survivor.
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tetrac
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August 19, 2014, 03:52:46 PM |
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Bought my first LTC at a dollar, kept buying up till 20 dollars. Then sold all of it at 40. Nice trade! However, I bought back in for a much smaller amount at 10 .... now at 4.5 ... burned! ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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spud21
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August 19, 2014, 03:58:08 PM Last edit: December 27, 2015, 07:21:27 PM by spud21 |
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Bought my first LTC at a dollar, kept buying up till 20 dollars. Then sold all of it at 40. Nice trade! However, I bought back in for a much smaller amount at 10 .... now at 4.5 ... burned! ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) I wish I had bought at £3.50 yesterday and sold for $4.50 today.
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Anotheranonlol
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August 19, 2014, 04:08:32 PM |
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Bought my first LTC at a dollar, kept buying up till 20 dollars. Then sold all of it at 40. Nice trade! However, I bought back in for a much smaller amount at 10 .... now at 4.5 ... burned! ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) I wish I had brought at £3.50 yesterday and sold for $4.50 today. then you would be at a loss ..
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mitchr4
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August 19, 2014, 05:14:23 PM |
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LTC is dying. theres nothing unique about it. everyday new coins come out with amazing new features. why hold on to LTC? theres too many coins, and people are losing patience....theres no reason to hang on.
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smoothie
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August 19, 2014, 05:38:00 PM |
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LTC is dying. theres nothing unique about it. everyday new coins come out with amazing new features. why hold on to LTC? theres too many coins, and people are losing patience....theres no reason to hang on.
Here we go with the features argument lol. Network security is most important. Create all the features you want but if your blockchain is unsecured then what's the point?
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███████████████████████████████████████
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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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toknormal
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August 19, 2014, 11:07:11 PM |
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you do realize there is no reason why Dark will ever go back to where it was ?
has mining stopped ? is it full PoS now or something ? if that's the case, if there are few enough holders (unlikely) it might pull another pump?
but sorry - that's just reality.
Myopic nonsense. The last time I checked there were 2 sides to the price equation and supply is only of them. Up 120% even since you made that post.
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Lauda
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August 19, 2014, 11:12:58 PM |
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you do realize there is no reason why Dark will ever go back to where it was ?
has mining stopped ? is it full PoS now or something ? if that's the case, if there are few enough holders (unlikely) it might pull another pump?
but sorry - that's just reality.
Um, you're completely wrong. Why don't you just inform yourself about it? Mining isn't even close to being finishing, it is not POS. RC4, the update that added anonymity (that works!), came in silent and at a difficult time indeed. Just look at the price rebound today. I'm thinking that we should see MNs coming online again in an increasing number. LTC has also rebounded nicely today, it's up 20%. I'm guessing and hoping that the trend will continue.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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johnray
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August 20, 2014, 01:10:17 AM |
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you do realize there is no reason why Dark will ever go back to where it was ?
has mining stopped ? is it full PoS now or something ? if that's the case, if there are few enough holders (unlikely) it might pull another pump?
but sorry - that's just reality.
Um, you're completely wrong. Why don't you just inform yourself about it? Mining isn't even close to being finishing, it is not POS. RC4, the update that added anonymity (that works!), came in silent and at a difficult time indeed. Just look at the price rebound today. I'm thinking that we should see MNs coming online again in an increasing number. LTC has also rebounded nicely today, it's up 20%. I'm guessing and hoping that the trend will continue. That's not a POS like implementation that was done to add real anonymity; And this is a major issue. DRK has now, as main feature, a 20% value stolen on each mined block, and given to the masternodes. 2014 is a great year for scam operations, DRK is not an exception; This 'original' and absurd implementation (not fair at all), and the large instamine at the beginning highly taint this coin.
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Lauda
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August 20, 2014, 01:14:22 AM |
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That's not a POS like implementation that was done to add real anonymity; And this is an issue. DRK has now, as main feature, a 20% value stolen on each mined block, and given to the masternodes. 2014 is a great year for scam operations, DRK is not an exception; This 'original' and absurd implementation (not fair at all), and the large instamine at the beginning highly taint this coin.
Stolen? If it was up to me I would have given over 50% to the MNs. They are much more important in the DRK concept. There will always be miners, do not worry about it. Nothing is being stolen, if you don't like it don't mine it. Do not complain. DRK is not a scam operation, never was never will be. Just look at who's reviewing the code. You probably don't even know who he is. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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johnray
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August 20, 2014, 01:21:11 AM Last edit: August 20, 2014, 01:31:28 AM by johnray |
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That's not a POS like implementation that was done to add real anonymity; And this is an issue. DRK has now, as main feature, a 20% value stolen on each mined block, and given to the masternodes. 2014 is a great year for scam operations, DRK is not an exception; This 'original' and absurd implementation (not fair at all), and the large instamine at the beginning highly taint this coin.
Stolen? If it was up to me I would have given over 50% to the MNs. They are much more important in the DRK concept. There will always be miners, do not worry about it. Nothing is being stolen, if you don't like it don't mine it. Do not complain. DRK is not a scam operation, never was never will be. Just look at who's reviewing the code. You probably don't even know who he is. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) We may think about a more general approach, that doesn't have this issue. And we can be sure that the 20% was the main goal, and drove the implementation itself, anonymity was just a 'cover'. The main concept of POW, is that mining must cost something. this is not the case of running a masternode, the cost is magnitudes lower, and we don't have the advantages of POS, here too. The concept is broken, and giving free coins (masternode coins) is a bad idea, as premine operations are...
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aa
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August 20, 2014, 01:32:00 AM |
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Haha wow, the people who keep going on about "no features" clearly have no idea about anything to do with crypto. The release thread for Litecoin plainly spelled it out: Litecoin is Bitcoin with a new algo and a couple of changes that the author thought would be better than what Bitcoin uses--that's why it's "lite"coin. Is that too hard for you simpletons to understand?
The developers want security and a coin that works--a coin that doesn't need a hard fork every week to continue to work.
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darkota
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August 20, 2014, 02:38:00 AM |
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Haha wow, the people who keep going on about "no features" clearly have no idea about anything to do with crypto. The release thread for Litecoin plainly spelled it out: Litecoin is Bitcoin with a new algo and a couple of changes that the author thought would be better than what Bitcoin uses--that's why it's "lite"coin. Is that too hard for you simpletons to understand?
The developers want security and a coin that works--a coin that doesn't need a hard fork every week to continue to work.
What? If you wanna go that way, technically Every Cryptocoin is "Bitcoin with a new algo and a couple of changes", including all those scamcoins.
Litecoin is worse than those scamcoins however, at least they bring someone new, scammy or not, Litecoin brings Nothing. Litecoin does not bring "security" because Litecoin is several times less secure than Bitcoin, it does not bring community because Litecoin's community on litecointalk is nothing, it's put to shame by dogecoin. Litecoin doesn't bring features or Anything that sets it apart from Bitcoin AKA, Litecoin's real value is 0, nothing.
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kelsey
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August 20, 2014, 02:48:02 AM |
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Haha wow, the people who keep going on about "no features" clearly have no idea about anything to do with crypto. The release thread for Litecoin plainly spelled it out: Litecoin is Bitcoin with a new algo and a couple of changes that the author thought would be better than what Bitcoin uses--that's why it's "lite"coin. Is that too hard for you simpletons to understand?
The developers want security and a coin that works--a coin that doesn't need a hard fork every week to continue to work.
What? If you wanna go that way, technically Every Cryptocoin is "Bitcoin with a new algo and a couple of changes", including all those scamcoins.
Litecoin is worse than those scamcoins however, at least they bring someone new, scammy or not, Litecoin brings Nothing. Litecoin does not bring "security" because Litecoin is several times less secure than Bitcoin, it does not bring community because Litecoin's community on litecointalk is nothing, it's put to shame by dogecoin. Litecoin doesn't bring features or Anything that sets it apart from Bitcoin AKA, Litecoin's real value is 0, nothing. you going to dribble the same shit in every 2nd thread day in day out ad nauseam? ur obviously relativity new around here, i think u should actually research btc security history before making any statements of security comparisons.
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aa
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August 20, 2014, 02:50:53 AM |
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Haha wow, the people who keep going on about "no features" clearly have no idea about anything to do with crypto. The release thread for Litecoin plainly spelled it out: Litecoin is Bitcoin with a new algo and a couple of changes that the author thought would be better than what Bitcoin uses--that's why it's "lite"coin. Is that too hard for you simpletons to understand?
The developers want security and a coin that works--a coin that doesn't need a hard fork every week to continue to work.
What? If you wanna go that way, technically Every Cryptocoin is "Bitcoin with a new algo and a couple of changes", including all those scamcoins.
Litecoin is worse than those scamcoins however, at least they bring someone new, scammy or not, Litecoin brings Nothing. Litecoin does not bring "security" because Litecoin is several times less secure than Bitcoin, it does not bring community because Litecoin's community on litecointalk is nothing, it's put to shame by dogecoin. Litecoin doesn't bring features or Anything that sets it apart from Bitcoin AKA, Litecoin's real value is 0, nothing. You seem to lack reading comprehension. Litecoin's mission statement is simple; it has done what it set out to do. Litecoin continues to provide the second secure network in the cryptocurrency world. It will continue to provide a large, secure network into the future. Your idiotic statements don't have any value because Litecoin's mission was never any of the things you are parroting in every post. PS: the "real" value of every currency is zero. A currency's value is based on an agreement between the people trading it.
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Propulsion
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August 20, 2014, 03:02:10 AM |
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Bought my first LTC at a dollar, kept buying up till 20 dollars. Then sold all of it at 40. Nice trade! However, I bought back in for a much smaller amount at 10 .... now at 4.5 ... burned! ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) I wish I had brought at £3.50 yesterday and sold for $4.50 today. then you would be at a loss .. Playing with cryptocurrencies but doesn't seem to understand basic fiat markets.
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darkota
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 20, 2014, 03:10:57 AM |
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Haha wow, the people who keep going on about "no features" clearly have no idea about anything to do with crypto. The release thread for Litecoin plainly spelled it out: Litecoin is Bitcoin with a new algo and a couple of changes that the author thought would be better than what Bitcoin uses--that's why it's "lite"coin. Is that too hard for you simpletons to understand?
The developers want security and a coin that works--a coin that doesn't need a hard fork every week to continue to work.
What? If you wanna go that way, technically Every Cryptocoin is "Bitcoin with a new algo and a couple of changes", including all those scamcoins.
Litecoin is worse than those scamcoins however, at least they bring someone new, scammy or not, Litecoin brings Nothing. Litecoin does not bring "security" because Litecoin is several times less secure than Bitcoin, it does not bring community because Litecoin's community on litecointalk is nothing, it's put to shame by dogecoin. Litecoin doesn't bring features or Anything that sets it apart from Bitcoin AKA, Litecoin's real value is 0, nothing. You seem to lack reading comprehension. Litecoin's mission statement is simple; it has done what it set out to do. Litecoin continues to provide the second secure network in the cryptocurrency world. It will continue to provide a large, secure network into the future. Your idiotic statements don't have any value because Litecoin's mission was never any of the things you are parroting in every post. PS: the "real" value of every currency is zero. A currency's value is based on an agreement between the people trading it. You're either a troll, illiterate, or both. Litecoin's Mission was to be ASIC resistant. As you can see, that "mission" is down the drain. Every cryptocurrencies "passive mission" is to have a secure network, don't bring in that bullshit please. If you want to go there, Litecoin's network is many times less secure than Bitcoin's, again, making it plain stupid to use litecoin. You seem dumber by the second, yes a currency's value is based on what people accept it to be worth, but that accounts for the majority. If the majority of people consider my pencil to be worth $20, then it's worth $20. Have a nice day.
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CoinHoarder
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In Cryptocoins I Trust
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August 20, 2014, 03:14:14 AM |
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Bought my first LTC at a dollar, kept buying up till 20 dollars. Then sold all of it at 40. Nice trade! However, I bought back in for a much smaller amount at 10 .... now at 4.5 ... burned! ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) I wish I had brought at £3.50 yesterday and sold for $4.50 today. then you would be at a loss .. Playing with cryptocurrencies but doesn't seem to understand basic fiat markets. Anotheranonlol was referring to the use of the euro dollar sign in front of 3.50 and the use of the US dollar sign in front of 4.50 3.50 euros is more than 4.50 US dollars, so with the numbers provided and currency conversion, it would be selling at a loss. It was probably a simple error by spud21, but Anotheranonlol's comment was funny nonetheless.
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aa
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August 20, 2014, 03:17:03 AM |
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Haha wow, the people who keep going on about "no features" clearly have no idea about anything to do with crypto. The release thread for Litecoin plainly spelled it out: Litecoin is Bitcoin with a new algo and a couple of changes that the author thought would be better than what Bitcoin uses--that's why it's "lite"coin. Is that too hard for you simpletons to understand?
The developers want security and a coin that works--a coin that doesn't need a hard fork every week to continue to work.
What? If you wanna go that way, technically Every Cryptocoin is "Bitcoin with a new algo and a couple of changes", including all those scamcoins.
Litecoin is worse than those scamcoins however, at least they bring someone new, scammy or not, Litecoin brings Nothing. Litecoin does not bring "security" because Litecoin is several times less secure than Bitcoin, it does not bring community because Litecoin's community on litecointalk is nothing, it's put to shame by dogecoin. Litecoin doesn't bring features or Anything that sets it apart from Bitcoin AKA, Litecoin's real value is 0, nothing. You seem to lack reading comprehension. Litecoin's mission statement is simple; it has done what it set out to do. Litecoin continues to provide the second secure network in the cryptocurrency world. It will continue to provide a large, secure network into the future. Your idiotic statements don't have any value because Litecoin's mission was never any of the things you are parroting in every post. PS: the "real" value of every currency is zero. A currency's value is based on an agreement between the people trading it. You're either a troll, illiterate, or both. Litecoin's Mission was to be ASIC resistant. As you can see, that "mission" is down the drain. Every cryptocurrencies "passive mission" is to have a secure network, don't bring in that bullshit please. If you want to go there, Litecoin's network is many times less secure than Bitcoin's, again, making it plain stupid to use litecoin. You seem dumber by the second, yes a currency's value is based on what people accept it to be worth, but that accounts for the majority. If the majority of people consider my pencil to be worth $20, then it's worth $20. I can't believe people can be so stupid. Have a nice day. Seeing as you don't know what the word "resistant" means, it's clear that you're illiterate. Once again, you are parroting idiotic statements that don't mean anything to the reality of the situation; everything you post is meaningless. I've had you on my ignore list but I forgot why I put you on it--it's now clear to me that I put you there for a good reason (it's because you're an imbecile).
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