Topic: BTC is DYING, LONG LIVE THE NEW KING LTC - page 3. (Read 4787 times)

If you would have bought Ripple, you would have $6971, and would not have invested in an energy wasting network.
You would be able to do transactions 100x faster. Time is money, remember ?


Your point being that Ripple must be the new king right?

no not at all. there are at least a 100 altcoins with potentially bigger marketcap that are easy to go up and down.
have you even looked at the first page and what i have posted? apparently not.
marketcap doesn't show anything at all. it is just showing how much supply a cryptocurrency has and nothing more.

what makes those things you mentioned such as Apple stock, to have smaller swings is not their marketcap it is their volume and the demand they have. the orderbooks in another market which is big does not consist of orders as small as a $1000 dollar. and certainly in those markets one person or one group of people don't own 80% of the shares on the market. and definitely they can not manipulate the market as easy as an altcoin market. and you know manipulation and pump and dump is highly illegal in many countries.

The larger marketcap and being more mature the asset, make it harder for bitcoin to have those kinds of swings.  It's impossible for Apple stock to 5x in a quarter at this point.  A penny stock can 5x overnight.

Btc isnt dying infact it would live even more because the price is still rising and comparing to LTC you can already say such thing comparing the growth percentage.LTC does really have the edge since it do only have 2 digit amount and considering the movement and marketcap LTC wont really stand a chance but still a good alternative if you do want to earn some money with it.

I don't think that bitcoin will die in the medium term, but rather that the crypto market will not be having a single, clear leader, and "a lot of shit coins" ; it seems to me that such a market configuration is simply not possible in the long run, because *it would be too easy*.  If there is one single dominant crypto, then it is pretty obvious that that's the crypto one needs to "invest" in, will grab all the greater fools, and will be solid and growing for years.  Such is not possible.  If a lot of smart money KNOWS that a single asset is going to rise at important rates for years, and most normal people know that too, they are not going to wait to be the last greater fools,  but buy directly.  Hell, if you knew with certainty that bitcoin was going to rise 50% per year on average for the 20 years to come, would you "spread your acquisitions" over 20 years, or go all-in right now ?
But if all smart money goes in "right now" we would have a HUGE price rise in short time, and then, a stagnation and/or a crashing of the bubble, because once it is high up there, there's no much hope for big gains any more.

So a clear, single, obvious, leading crypto that grows for years and years at astounding rates is simply not possible: it would be too easy to see, and everyone would have gotten in near the start.  However, an opaque market where things sometimes rise, to fall down again, and transit their market cap to others, in a rather unpredictable way, is a market that could, indeed, rise for years, without a single, clearly defined, absolute leader for all these years.  During certain years, a crypto may get the illusion that it is the leader, but it cannot be with certainty for a long time, with a lot of smart money around.  

Because the more it grows, the less head room it has, while other coins are cheaper and the ceiling is further away, so there's more chance for growth.

Now, that's just my theory.  Maybe smart money is more stupid than I think and just follows its dick.  And it is also under the hypothesis that crypto is a speculative token market, and not something that is really driven by actual usage.

Bitcoin won't die. What would happen is litecoin would be one of the closest competitors of bitcoin on the market someday just like ethereum. But I agree that litecoin is rising faster than bitcoin and I hope it would not stop.

I don't believe that LTC will replace BTC anytime soon, or even at all. The rise in price is much appreciated and is paying the efforts of a dedicated community and leading team, with SW and other implementations that will help BTC and other cryptocurrencies in the future, and will help LTC to stay relevant.

Ltc has too much hype to simply die and be dismissed as a worthless pnd coin. We will reach ath in bitcoin which is around 0.05. After that, it is anyones guess where this goes. Ltc is the proving ground for bitcoin scaling and will roughly 10% of bitcoins price.

Why you want bitcoin to die?

Can they just co-exist with each other and used each potential to truly exploits its feature? Bitcoin would never go away and will remain the no. 1 crypto-currency and its hard to ignore the price of bitcoin now. Looks like people around the world are putting a lot of money into bitcoin ecosystem so its really hard for bitcoin to die.

In short terms I agree, but in long terms...
Bitcoin as we saw, do not require any code update, it's jut grow and grow for years.
New money I would throw in LTC, but wouldn't touch old BTC bags, IMO.

It's different this time (tm), because SegWit.

But then bitcoin will eventually achieve some sort of scaling solution. Once AntBleed and ASICBoost are no longer factors, opposition to SegWit activation for bitcoin will evaporate. The fact that LTC will be there to demonstrate the stability and benefits of SegWit just accelerates things. Then LTC will crash again, and BTC will retain its crown.

Why? Marketing.

People outside the cryptoverse have heard of Bitcoin. They haven't heard of Litecoin. They're more likely to have heard of ethereum than litecoin.

And marketing is everything. Bitcoin is the Coca-Cola of crypto: number one brand on the planet, and that alone is worth its weight in bits.

You have a point you don't kill the mother of all just like that,they can co exist but don't be to harsh on bitcoin,you are on Bitcoin forum go take your shit in the litecoin forum.

I believe Litecoin has a great potential specially with the fact that it has Segwit already (or almost).

But the thing is all these altcoins are only used in trading to/from bitcoins. They don't have much buying potential if compared to bitcoins. And that's almost the only difference (at least in case of the successful ones ).

Actually the current increasing in the price of BTC is really promising as well.

In the end no body knows what's gonna happen

are you stupid or something it is only because your topic is irrelelevant in bitcoin discussion that why they move it
why not start to learn the basic even its only a forum there still a rule that you should learn
try to use litecoin forum so you will not look like a stupid
the only thing i can tell you is i also support other coin and i do not fight from others if it get some pump or something because it ALWAYS happen if you want LTC that much dont disgrace its community because it exist before even if your not here and you will not make difference even you fight for it
you discuss thread in bitcoin discussion but the truth is you want to discuss is LTC 
if there a new development in the coin price will really go up even if you dont do anything

LoL. The other side of that logic is that BTC is a better store of value than LTC...

...and if we look at the long term that is in fact what we see. Litecoin is one of the worst performers there is against BTC in terms of coin exchange rate. (Which is what investors are particularly interested in as opposed to marketcap since supply growth does increase marketcap but not the value of any one holder's investment).

All it's done over 3 years is loose value against bitcoin. It's kept alive at one end of the planet by the developer's brother who listed it on his exchange and at the other end by the developer's employer who listed it on their's. That's the best that can be said for it - 'monopoly money'. If you happen to be in the right place at the right time during one of the resuscitation pumps then you might gain something, otherwise holding Litecoin long term is a good way to atrophy your crypto-holdings relatively speaking.

Actually it's just locked in to be activated in a little over 6.5 days at time of posting.

http://litecoinblockhalf.com/segwit.php

Agree.

Transactions in the last 24 hours were just 14,493, not even reaching litecoin's all time high of 20k in 2013.

https://bitinfocharts.com/comparison/litecoin-transactions.html

Meanwhile the number of bitcoin transactions in the last 24 hours was 343,939 and Ether reached 102,744.

Litecoin has a long long way to go before people take it seriously - their community is going to actually start using it before it makes any further headway.

Money is simply pouring into crypto now and will continue to do so.

If I was entering now I would go for LTC over BTC - greater returns look possible with the safety still of a large top MC coin.

Coblee is actually a great leader when he chooses to be also. When he wants things to get done they get done.

Yeah it's great to see that litecoin has waken up in his deep sleep but, I'm gonna disagree with you. it's too early to say that the litecoin is a new king because if you compare bitcoin and litecoin's graph, bitcoin is still dominates litecoin every single way and also segwit is activated in litecoin and it's activation contributes it's price today, what more if segwit is activated in bitcoin

lol bitcoin is going to $2k and yet you say it's dying, either you are trolling or didn't look at the recent price increase, litecoin is also increased but don't be fooled litecoin is only in an up trend because of segwit, which is useless for litecin, you even said so in one of your post, if bitcoin go segwit, 10k will be around the corner, litecoin until will be accepted like a currency it's only good as a pump and dump