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Author Topic: Is litecoin a good idea?  (Read 2998 times)
Come-from-Beyond
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July 20, 2012, 06:04:59 PM
 #21

Litecoin can act as a backup of Bitcoin!  ;-)
What about idea that Bitcoin can act as a backup of Litecoin? ;-)
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July 20, 2012, 10:51:57 PM
 #22

Litecoin can act as a backup of Bitcoin!  ;-)
What about idea that Bitcoin can act as a backup of Litecoin? ;-)

Don't see that happening until there are major sites that accept payment with litecoin.  Litecoin really needs some promoting or press.  I doubt many people are even aware of litecoin outside of the bitcoin community.

Hate to say it but Litecoin needs a silk road to happen or something of the like. (wikileaks, et cetera)
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July 21, 2012, 06:21:18 PM
 #23

This thread is so in denial. More for me.

I make more btc by mining litecoins.

Also a currency doesn't need monopoly status. And its intrinsic value is not how many people use it, but rather this:
intrinsic value = how many people use it * (how quickly they use it * how much they expect for it) / (avg duration between purchase and delivery / avg item value)

Litecoiners are not in denial about the coming collapse.
Bitcoiners are already done building their bunkers.
Early adopters have no pedestrian needs.
Newcomer's skills are not in demand with those who have the money.

If anything will bring down a currency it's the community becoming brittle and stagnant.
Litecoin isn't quite there yet.

If you feel Universe has trolled you exclusively, please donate to Emergency Butthurt Support Fund:
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Proceeds go to Emergency Butthurt Escape Pod none of you will be allowed to use. If you have read this far, you must pay Emergency Butthurt Internet Tax.
smoothie
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July 21, 2012, 06:27:13 PM
 #24

This thread is so in denial. More for me.

I make more btc by mining litecoins.

Also a currency doesn't need monopoly status. And its intrinsic value is not how many people use it, but rather this:
intrinsic value = how many people use it * (how quickly they use it * how much they expect for it) / (avg duration between purchase and delivery / avg item value)

Litecoiners are not in denial about the coming collapse.
Bitcoiners are already done building their bunkers.
Early adopters have no pedestrian needs.
Newcomer's skills are not in demand with those who have the money.

If anything will bring down a currency it's the community becoming brittle and stagnant.
Litecoin isn't quite there yet.

i LOLed at your signature  Grin

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passerby
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July 26, 2012, 12:25:47 PM
 #25


If anything will bring down a currency it's the community becoming brittle and stagnant.
Litecoin isn't quite there yet.


Hmmmmm... not a single measurable improvement over BTC (not even the GPU/CPU thing) seems pretty stagnant.

Being driven to open angst (as expressed by numerous posts herein) and in some cases full blown fear (as illustrated by exchange shutdown) due to a 51-threat from a lone intertube blowhard seems pretty brittle.
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