Bitcoin is in deep trouble. Litecoin to take its place soon. - page 2.

ArticMine

legendary

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Monero Core Team

Quote from: NattyLiteCoin on June 19, 2015, 02:53:25 PM

To say warren and Charlie are not competent developers is irresponsible. What fucking "innovations" are you guys talking about? Is a solid ledger backed by a TH of PoW not 'good' enough? Think about what some of you are saying, we're just in the infancy of adoption and your bashing an established mechanism for decentralized, P2P monetary exchanges?

Get over yourselves, and come up with something better. And you want to talk dollars and cents? Add up ltc/btc volume against any other coin. Even if the Chinese volume is some what faked, it's not even close. Give props where props are do. If you're in the crypto game, LTC is your daddy if your names not BTC.

Failure to deal with the fixed blocksize limit issue in Litecoin is irresponsible.

o0‡0o

full member

Activity: 227

Merit: 103

Have faith.

LTC is the traders coin it just got a nice feel to it to buy or sell some coins, not a fraction of a coin as you would for bitcoin. The liquidity is there and it moves a lot more than bitcoin.

NattyLiteCoin

hero member

Activity: 912

Merit: 1021

If you don’t believe, why are you here?

To say warren and Charlie are not competent developers is irresponsible. What fucking "innovations" are you guys talking about? Is a solid ledger backed by a TH of PoW not 'good' enough? Think about what some of you are saying, we're just in the infancy of adoption and your bashing an established mechanism for decentralized, P2P monetary exchanges?

Get over yourselves, and come up with something better. And you want to talk dollars and cents? Add up ltc/btc volume against any other coin. Even if the Chinese volume is some what faked, it's not even close. Give props where props are do. If you're in the crypto game, LTC is your daddy if your names not BTC.

tiggytomb

legendary

Activity: 1848

Merit: 1000

I don't think LTC will be the one to take over, I guess you must have a little bag to empty

tyz

legendary

Activity: 3360

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You definetely made my day Cool

Quote from: forlackofabettername on June 05, 2015, 07:45:42 PM

Bitcoin is a troubled and risky coin now. Gavin does not give up with his hardfork efforts despite veto from all sides.
Better dump for LTC as long as you can still get decent prices.

You have been warned.

Oscilson

sr. member

Activity: 434

Merit: 250

Quote from: Dexter770221 on June 17, 2015, 05:56:38 AM

8k wall @3$ eaten in 30s. Maddness..

That is normal after big increase.

Dexter770221

legendary

Activity: 1029

Merit: 1000

8k wall @3$ eaten in 30s. Maddness..

Amadues

hero member

Activity: 924

Merit: 1001

Someone buy and sell LTC at yobit exchange at really impressive value (and volume!)
take a look here: https://yobit.net/en/trade/LTC/BTC
1 LTC = 0,08 BTC
Grin

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: WhatTheGox on June 17, 2015, 02:12:47 AM

Quote from: Auxi on June 16, 2015, 06:26:16 PM

35% profit vs 5% profit...
LTC wins Roll Eyes

Litecoin is defo the better coin to trade, i wonder if some of the recent spikes have anything to do with blocksize commotion or just the usual litecoin going up 5 times what BTC does

I'd say so....in my view if you can/will make sidechains and apps for Bitcoin you likely will do the same for Litecoin.....in that litecoin is what 4x faster..the dev is known
less drama ...less of a bad rep...etc

I have no issues with LTC as long as it stays linked with BTC at or above 0.006 LTC to BTC (currently above 0.01 LTC to BTC) in that I mine yet ..till my titan(s) achieve
the sweet release of 'doorstop' status

but yeah at the price point of say 1c to btc's 1 usd I can see LTC sticking around or so my bet is (holding the LTC I mine..as of yesterday ..on paper anyway ..this looked like a very very smart move on my part.....2.91 LTC is much much nicer then 1.86 LTC don' t ya know if you are hoarding LTC like myself)

so it goes as usual will be the first to know I guess ..usually in the manner of a punch to the gut...or a pat on the back ..you never know which with crypto

WhatTheGox

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Activity: 812

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Quote from: Auxi on June 16, 2015, 06:26:16 PM

35% profit vs 5% profit...
LTC wins Roll Eyes

Litecoin is defo the better coin to trade, i wonder if some of the recent spikes have anything to do with blocksize commotion or just the usual litecoin going up 5 times what BTC does

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: Chef Ramsay on June 16, 2015, 09:15:58 PM

Looks like my buy back in wasn't foolish afterall. Damn, over $3 a coin seems unreal after seeing $1.70s for so long. This is gonna be gentleman. Cheesy

well I"m 2/3 the way back with elec and cost of miners (titan(s) 1 orig price ouch new and 1 used at great price)

so go baby go I'm holding but it is looking just dandy on paper anyway...might just get out of this scrypt miner hole yet and ROI with electric

(have just ROI'd on all my equipment with this price jump considerably counting original BTC miner and the current (last) scrypt 2 titan home miners)

again on paper (holding) glad I resisted mining LTC to BTC direct at the 1.50 plus prices more or less........

as to my other questions of keep/hold/spend etc that is a different set of choices I'm putting off for now

fun times would be nice to see 10 buck LTC and then some more folk besides sfards jump in on pow scrypt miners (likely 6 plus month to get them out)

would be a nice little return to the GPU miner days imho .but price will have to be again ....imho and assuming the OP is not wrong and litecoin is dead

I figure we need 5 buck coin for such scrypt miner projects data hall or home or otherwise to perk up and fire up

exciting if scary times

Amph

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Quote from: ArticMine on June 16, 2015, 07:05:46 PM

Quote from: Pecunia non olet on June 16, 2015, 07:04:02 PM

...

This is not about blocksize. It's about network consensus.

... but Bitcoin was already forked in 2010 to create the 1 MB blocksize limit in the first place.

the network consensu was a joke back then right? the miners basically were few guys running in solo mode their client

basically they a little forced to accept any new upgrade, that could even slightly benefit bitcoin

Chef Ramsay

legendary

Activity: 1568

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Looks like my buy back in wasn't foolish afterall. Damn, over $3 a coin seems unreal after seeing $1.70s for so long. This is gonna be gentleman. Cheesy

ArticMine

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Monero Core Team

Quote from: Pecunia non olet on June 16, 2015, 07:04:02 PM

...

This is not about blocksize. It's about network consensus.

... but Bitcoin was already forked in 2010 to create the 1 MB blocksize limit in the first place.

Pecunia non olet

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Quote from: ArticMine on June 16, 2015, 06:41:32 PM

Quote from: Pecunia non olet on June 16, 2015, 06:30:30 PM

...

Unlikely. A meltdown in btc marketcap leading up to the fork event can be expected. The thing is pretty much irreversible already. The clock is ticking for BTC suicide and there is nothing anyone can do about it. People are jumping ships which is the only rational thing to do.
This LTC pump is just leading up to a much larger pump. Deniers like you will be the ones buying at the top.

Even if Gavincoin doesn't take hold and is dismissed by the community it still keeps lurking in the shadow and will put investors in unease. So btc is really tarnished now.

A meltdown in Bitcoin is possible, though unlikely, over the 1 MB blocksize limit. In that scenario I am betting on Monero (adaptive blocksize limits, thereby solving the problem) over Litecoin (fixed blocksize limits thereby pushing the problem into the future).

Edit: I am in this for the long term after following this issue for over 3 years already.

This is not about blocksize. It's about network consensus.

JerryCurlzzz

hero member

Activity: 504

Merit: 500

Quote from: Auxi on June 16, 2015, 06:26:16 PM

35% profit vs 5% profit...
LTC wins Roll Eyes

Yeah, LTC has been a hell of a ride. I was ready to kick myself for buying around $2, could have been the top.... but the trade is looking pretty good right now. Cheesy

I'm gonna just keep rolling my stops up, not gonna leave all this profit on the table.

ArticMine

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Monero Core Team

Quote from: Pecunia non olet on June 16, 2015, 06:30:30 PM

...

Unlikely. A meltdown in btc marketcap leading up to the fork event can be expected. The thing is pretty much irreversible already. The clock is ticking for BTC suicide and there is nothing anyone can do about it. People are jumping ships which is the only rational thing to do.
This LTC pump is just leading up to a much larger pump. Deniers like you will be the ones buying at the top.

Even if Gavincoin doesn't take hold and is dismissed by the community it still keeps lurking in the shadow and will put investors in unease. So btc is really tarnished now.

A meltdown in Bitcoin is possible, though unlikely, over the 1 MB blocksize limit. In that scenario I am betting on Monero (adaptive blocksize limits, thereby solving the problem) over Litecoin (fixed blocksize limits thereby pushing the problem into the future).

Edit: I am in this for the long term after following this issue for over 3 years already.

Pecunia non olet

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Quote from: Alley on June 16, 2015, 06:33:35 PM

Anybody know the ltc volume over the last 24 hours? The ask side order book on btce is only $148k. Seems like there is no liquidity in the ltc market. Doesn't take much to move it. Bid side is only $38k.

Markets are really thin in both directions.
24h volume: 10 million $
25% of btc volume

Just getting started. Coming weeks will be lots of action.

nrd525

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https://bitcoinwisdom.com/

Alley

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Merit: 1000

Anybody know the ltc volume over the last 24 hours? The ask side order book on btce is only $148k. Seems like there is no liquidity in the ltc market. Doesn't take much to move it. Bid side is only $38k.

Topic: Bitcoin is in deep trouble. Litecoin to take its place soon. - page 2. (Read 9266 times)