[ANN] Litecoin - a lite version of Bitcoin. Launched! - page 306.

StewartJ

sr. member

Activity: 392

Merit: 250

Quote from: ?? on ??

You are completely missing my point. If there has to be other cryptocurrencies, there is no particular reason it will be Litecoin (or any of those other gimmicky forks). There isn't much special about it.

Nothing special perhaps in its functionality.

But for sheer market value, that's a different story...

- Over $68 million in Market Capitalization
- Value of 1 LTC in early 2012: $0.009 Value in Late 2013: $3.00
- High volume trading on BTC-e and on Chinese Exchanges
- Slated to be traded on Mt Gox Midas Exchange and others
- LTC has been added as a standard trading currency (like BTC) in various exchanges

LTC is is well established as THE Second Coin, with a good reputation in the Alt Coin community, AND it has not been tarnished with BTC's dark world connections.

Any basic due diligence into this coin will show the potential for great gains in the next few years.

Loco

newbie

Activity: 30

Merit: 0

Quote from: Valerian77 on October 16, 2013, 04:47:45 PM

Quote from: hulk on October 16, 2013, 08:39:36 AM

Come'on, what is happening to LTC? its been dropping everyday.... time for me to shut down if it hit $1.7.

LTC is a complete different story compared to BTC. As long as BTC rises in value LTC might not have a chance to develop.

But as soon as BTC deflation slows down LTC may be expected to rise until its value is in balance with Bitcoin.

Think that technically LTC and BTC is nearly the same. And the liquidity of BTC will not be enough to cover the market demand.

But implementation of LTC into services is comparible easy to BTC - no barrier.

not be enough? wtf...
dude the 8 decimals can be change into 100 decimals in any minute... but we dont need it.
when bitcoin rises, they will change that and GG...
wtf are you talking :S...
why are noobs talking -.-" ??

Notanon

sr. member

Activity: 388

Merit: 250

Quote from: Wekkel on November 04, 2013, 04:26:14 AM

Quote from: Notanon on November 04, 2013, 04:19:09 AM

In an ideal world, it'd be trading a bit closer to a minimum of 0.25BTCs per coin, reflecting supply ratios and the quartered block time.

If this happens, this will only be at a moment that the market for crypto is getting saturated. We are still miles away from that moment. Bitcoin will have a lead for a long time (5 years and more). If you are betting on this implied factor (of 17 at this moment), prepare to hold LTC for a very long time.

Yeah, will be a long time before that happens. Then again, if the difficulty of Litecoin starts spiralling upwards, what's to stop miners selling their coins at higher prices to offset mining costs, particularly the larger ones who have access to way more processing power than the average person mining on a video card on their home PC?

Netnox

legendary

Activity: 2044

Merit: 1008

Quote from: ?? on ??

You are completely missing my point. If there has to be other cryptocurrencies, there is no particular reason it will be Litecoin (or any of those other gimmicky forks). There isn't much special about it.

fuck off with your fud

Wekkel

legendary

Activity: 3108

Merit: 1531

yes

Quote from: Notanon on November 04, 2013, 04:19:09 AM

In an ideal world, it'd be trading a bit closer to a minimum of 0.25BTCs per coin, reflecting supply ratios and the quartered block time.

If this happens, this will only be at a moment that the market for crypto is getting saturated. We are still miles away from that moment. Bitcoin will have a lead for a long time (5 years and more). If you are betting on this implied factor (of 17 at this moment), prepare to hold LTC for a very long time.

Notanon

sr. member

Activity: 388

Merit: 250

In an ideal world, it'd be trading a bit closer to a minimum of 0.25BTCs per coin, reflecting supply ratios and the quartered block time.

Wekkel

legendary

Activity: 3108

Merit: 1531

yes

People like choice. It wont be different with easy interchangeable cryptos. Litecoin, money for the masses.

MakeBelieve

hero member

Activity: 602

Merit: 500

Litecoin actually looks good. Much better than all the other altcoins. Maybe this one is worth investing in?

haightst

newbie

Activity: 42

Merit: 0

Quote from: Otoh on October 30, 2013, 08:05:23 PM

Quote from: reb0rn21 on October 30, 2013, 06:57:26 PM

Quote from: ?? on ??

You are completely missing my point. If there has to be other cryptocurrencies, there is no particular reason it will be Litecoin (or any of those other gimmicky forks). There isn't much special about it.

sure it gona be some LTC crap clone with no network at all and with 20% premine you hold, ffs!

LTC is ONLY alt coin with it his own network which is stable for last year or so!, any other crap coin can be forked by anyone anytime!

That is why Litecoin gona survive and be next big thing, 30Gh/s + stable network, most popular by far as any alt coin, new more secure algo, faster block time, gr8 developer team!

+1

http://coinmarketcap.com <--- Market Cap of different crypto currencies.

A reddit user "chrystov" had a great comment about litecoin: "I'm definitely keeping my eye on Litecoin as a secondary vehicle. It will never pace up to bitcoin, but I see it as the most viable in the landscape of altcoins, not because its technically superior necessarily, but because of its positioning. Value is an agreed-upon perception validated by a critical mass of market involvement. Litecoin has a good tinderbox signature."

i'm digging this...I was expecting for sure a break below the 10s now looks like LITECOINS(#1 BEST KNOWN ALT COIN!) are back up and gaining steam//^ UP UP AND AWAYYYYY +1

*secondary markets is why imo*

thanks for this ~>

http://coinmarketcap.com/ltc_30.html

Otoh

donator

Activity: 3108

Merit: 1166

Quote from: reb0rn21 on October 30, 2013, 06:57:26 PM

Quote from: ?? on ??

You are completely missing my point. If there has to be other cryptocurrencies, there is no particular reason it will be Litecoin (or any of those other gimmicky forks). There isn't much special about it.

sure it gona be some LTC crap clone with no network at all and with 20% premine you hold, ffs!

LTC is ONLY alt coin with it his own network which is stable for last year or so!, any other crap coin can be forked by anyone anytime!

That is why Litecoin gona survive and be next big thing, 30Gh/s + stable network, most popular by far as any alt coin, new more secure algo, faster block time, gr8 developer team!

+1

http://coinmarketcap.com <--- Market Cap of different crypto currencies.

A reddit user "chrystov" had a great comment about litecoin: "I'm definitely keeping my eye on Litecoin as a secondary vehicle. It will never pace up to bitcoin, but I see it as the most viable in the landscape of altcoins, not because its technically superior necessarily, but because of its positioning. Value is an agreed-upon perception validated by a critical mass of market involvement. Litecoin has a good tinderbox signature."

reb0rn21

legendary

Activity: 1901

Merit: 1024

Quote from: ?? on ??

You are completely missing my point. If there has to be other cryptocurrencies, there is no particular reason it will be Litecoin (or any of those other gimmicky forks). There isn't much special about it.

sure it gona be some LTC crap clone with no network at all and with 20% premine you hold, ffs!

LTC is ONLY alt coin with it his own network which is stable for last year or so!, any other crap coin can be forked by anyone anytime!

That is why Litecoin gona survive and be next big thing, 30Gh/s + stable network, most popular by far as any alt coin, new more secure algo, faster block time, gr8 developer team!

haightst

newbie

Activity: 42

Merit: 0

Quote from: coblee on October 09, 2013, 04:33:54 PM

We decided to do a reddit AMA with the Litecoin dev team on Litecoin's 2nd anniversary!
http://www.reddit.com/r/litecoin/comments/1o3fdz/we_are_the_litecoin_dev_team_ama/

nice 2 years wow ...is there a reason for the mega bounce? Cool

tiA!

tearfereon

full member

Activity: 138

Merit: 100

Quote from: ?? on ??

You are completely missing my point. If there has to be other cryptocurrencies, there is no particular reason it will be Litecoin (or any of those other gimmicky forks). There isn't much special about it.

Your right, but many have litecoins already, so it might help creating places accepting Litecoin

Mjbmonetarymetals

legendary

Activity: 1096

Merit: 1067

Quote from: ?? on ??

Quote from: ZetaOS on October 16, 2013, 07:21:17 PM

Is litecoin dead?

Dead? No, not really. But it's now Just Another Altcoin.

Quote

should is sell?

Too late.

I wouldn't call Litecoin simply just another altcoin - ok bitcoins the daddy but there's room in this big old world for more than one crypto currency success story so ruling litecoin out is very much short sighted. There's plenty of scope for anyone to make a big splash in litecoin at this time. I believe all the main exchanges will integrate LTC over the next 6-12 months I see btc advancing to $400+ with litecoin reaching $10-20 during 2015.

captainfuture

sr. member

Activity: 294

Merit: 250

we just opened a LTC pool

https://coinex.pw/mining/pools/LTC

you can try your luck Grin

ANiceJewishBoy

newbie

Activity: 42

Merit: 0

I think Litecoin will survive since it is Bitcoin silver, but I just thought I would share this here:
https://bitcointalksearch.org/topic/what-will-happen-to-your-favorite-alt-coin-321086

and subbed

ZetaOS

full member

Activity: 140

Merit: 100

Quote from: ?? on ??

Quote from: ZetaOS on October 16, 2013, 07:21:17 PM

Is litecoin dead?

should is sell?

Not dying, but you're too late to sell it.

Well, waiting intill its $0,- ??
Or hope its getting up...

ZetaOS

full member

Activity: 140

Merit: 100

Is litecoin dead?

should is sell?

Valerian77

sr. member

Activity: 437

Merit: 255

Quote from: hulk on October 16, 2013, 08:39:36 AM

Come'on, what is happening to LTC? its been dropping everyday.... time for me to shut down if it hit $1.7.

LTC is a complete different story compared to BTC. As long as BTC rises in value LTC might not have a chance to develop.

But as soon as BTC deflation slows down LTC may be expected to rise until its value is in balance with Bitcoin.

Think that technically LTC and BTC is nearly the same. And the liquidity of BTC will not be enough to cover the market demand.

But implementation of LTC into services is comparible easy to BTC - no barrier.

braytz

hero member

Activity: 490

Merit: 501

Quote from: EskimoBob on October 15, 2013, 04:16:55 PM

Cheers!

But why is it getting hammered so hard?

BTC to da moon.

Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched! - page 306. (Read 1467253 times)