Topic: Anyone Thinking Of Dumping Bitcoin In Favour of Litecoin? (Read 5524 times)

I think LTC will grow up because people love to mine. Even people who just bought ASIC will keep their GPU to mine whatever they could. And LTC is the perfect way to do that. I'm talking about people with small rigs, who mines for fun (and for money too ), but more for fun.

Litecoin first will be a way to obtain Bitcoins with GPU mining in ASIC era, but due to that use will grow up to become the first altcoin and coexist with BTC.

I think Litecoin's fast transactions and resistance to centralization (more ASIC proof) could give it a leg up with real merchants in the future.  Since people are now getting familiar with the wallets and cryptocoin transactions, the hurdle for LTC should be less.

For all you profit retards, TRC went from 0.0001 to 0.005 in a week or so - that would be $1 to $50, match that! Enjoy money made on LTC because that
is the only thing you can enjoy while dealing with LTC. It ain't gonna buy you much on it's own. The same goes for all other altcoins, with Namecoin having
some value actualy. One can make money on altcoins because and only because there is Bitcoin, but you retards got it the wrong way. You probably think
that altcoins would profit if Bitcoin dies. Dump Bitcoin in favour of Litecoin? Right, let's kill Bitcoin, let's drop BTC price, it would make Litecoin more valuable,
stable and useful - not really, it is exactly the oppossite!

You are blinded by profit to extreme, hence you are aware of nothing except the fact you made some money or you lost some money. For you, nothing else
matters. Since it is so, you would be better selling drugs, doing slave trades, smuggling nuclear weapons over the border and so on - which you would be
doing for sure if only you have balls, mental and physical capabilities. Since you don't have what it takes, making $1000 because external factors caused LTC
price to rise is a major achievement for you. Go tell that to rich people around you, they will laugh at you for being lame, incapable and incompetent.

As it becomes clearer that new money is finding its way to Litecoin rather than drawing from Bitcoin as in they both increase in value at the same time, then we can all site around a campfire roasting marshmellows in peace. 

No you misunderstand and didn't read the link. If someone spends 10k on a Scrypt Asic it won't give them a 100 times performance boost over someone rigging together 10k's worth of top graphics cards.

Some performance boost will be gained but the algorithm was specifically designed so a government entity for example couldn't crack a Scrypt hashed password by simply throwing more money at the hardware because it will become exponentially more expensive. Again, read the paper it's all in there.

Wrong parallel. Bitcoin is still alive. You are not living in a parallel universe without Bitcoin. The mere fact Bitcoin was first cryptocoin out there gives it
complete and absolute "cleanup" from all "bad" things that happened around it. What "cleanup" you have for Litecoin? Is there even 1 thing Bitcoin could
copy / paste from Litecoin that didn't originated from Bitcoin? Scrypt? Nope, all you did is changed Bitcoin algo with another one. Is there any concept,
technology, structure, module, ideology, purpose or anything like that in Litecoin but not in Bitcoin? Nope. Copy / paste change few lines of code kids!

All this bullshits from the mouths of you who invested in LTC is about nothing more but attempting to add some value to it so you can profit. Ask anyone
who has no cryptocoins whatsoever what would be his or her choice if he or she decides to jump onto cryptocoin train. Litecoin? Gotta be complete retard
or someone who is versed with investments, and is ready to go with very high risk in order to eventualy profit a bit more than investing in bitcoins.

Not even 6 months ago I had no cryptocoins at all, but I worked for bitcoins. Now I can buy over 1 THashes of ASICs with what I earned, for those same
bitcoins. I don't have to mess with any other currency whatsoever. Once LTC comes even close to allowing such a deal, I'll start taking it seriously.

Until then, keep on dreaming and pray someone else do the job - that is most of Litecoiners are capable of, judging based on lack of LTC purchasing power.

LTC is overpriced almost worthless coin. For every item or service you can actualy buy with it there is 100x more items or services you can buy with BTC.

Just because people are dumb and buying LTC it does not mean it is going to become useful.

I take it all back. Go Litecoin! Viva la Bitcoin! Drive on Namecoin! There is more than enough room for all of these currencies and more to go to the moon!

I wouldn't dump Bitcoin or Litecoin.  But I am dumping the fiat for both