Litecoin is a "clone" of bitcoin, go figure.
I think I0Coin is something like one and a half minutes block target time whereas IXCoin is maybe ten minute or so like bitcoin.
-MarkM-
Lol, I realize litecoin is a clone of BTC. I meant clone, like exact, a true copy with very minor change.
Man, I wish ixCoin was a faster coin than BTC, would help out my theory a lot. Still struggling to find more reasons for ixCoin to be a huge hit.
On an interesting note: I said 2 weeks ago when LTC breached 19 that it would keep going lower and lower. And now it's at 14 which a huge drop for such a stable "silver" coin.
My theory was this: by now the people with money or an education realize that Bitcoin is about to take it to the next level and what will happen to the Eco system with a $500 or $1,000 Bitcoin AND with plenty of a cheap ASICS?
Let me ask a different way. Would you spend $300 for a single HUNGRY GPU which needs a computer and mine (very slowly) just ONE unlredictable alt coin at a time or would you spend that same $1,000 on ASICS and mine the most valuable and fast growing Bitcoin AND on top of that, with the same hardware, also mine 5 or more other alt coins?
So clearly, without ASICS and without a clear leader in scrypt there is no future for either LTC or any other scrypt coin.
And so I call the death of LTC and scrypt coins and I point to the negative correlation between almost all scrypt coins and Bitcoin as evidence. I am curious to see what happens to the merge mined coins as Bitcoin sky rockets - so far, for whatever odd reason, ixCoin is very positively correlated to Bitcoin so that could get very interesting.
