Topic: Does anyone really think Terracoin is a threat to Litecoin (Read 2567 times)
As much as I like Litecoin, it's just another alt chain that isn't Bitcoin. IMHO there should be some normalization of alt coin exchange rates based roughly upon difficulty, market cap, and block reward.
terracoin FAP FAP FAP 
NO !
litecoin as terracoin i used olny by miners, and after bitcoin reward drop, Bitcoin price goes up, LTC and TRC down (because more miners will mine LTC anc TRC, and sell, )
NO !
litecoin as terracoin i used olny by miners, and after bitcoin reward drop, Bitcoin price goes up, LTC and TRC down (because more miners will mine LTC anc TRC, and sell, )
TRC dilutes the market and takes interest away from LTC, so yes, I do believe that TRC is a threat to LTC.
Things may change radically with ASIC but there is no ASIC around right now.
Things may change radically with ASIC but there is no ASIC around right now.
Supposed to be about 11 days to go... maybe 15 then first ones will hit the customers hands and be joining the network(s)
TRC dilutes the market and takes interest away from LTC, so yes, I do believe that TRC is a threat to LTC.
Things may change radically with ASIC but there is no ASIC around right now.
Things may change radically with ASIC but there is no ASIC around right now.
I dont either. I'm struggling just to find what makes it unique or even necessary TBH.
LTC has the best security exchange by a country mile.
I don't see TRC as a threat to LTC myself.
I don't see TRC as a threat to LTC myself.
Well LTC has been around for over a year bow.... what keeps the value of LTC where it is?? what can i buiy for my LTC?? or if Satoshi dice make a TRC site does that put them in the same boat??
It certainly is possible, however for the time being LTC will be just fine with many bitcoin GPU miners moving over.
Quote
Litecoin will remain a refuge for the GPU miners and FPGA miners
FPGAs are doing Littecoin now? Hmm, I think you got that one wrong, if I'm not mistaken.typo!
NO 
Litecoin will be the Sea-of-Processors Coin, so no 
Not so simple. the hardware must be re-engineered to accommodate fast memory bandwidth. Scrypt is more memory intensive than SHA-256 and needs more speed.
Or so I hear.
Or so I hear.
Quote
Litecoin will remain a refuge for the GPU miners and FPGA miners
FPGAs are doing Littecoin now? Hmm, I think you got that one wrong, if I'm not mistaken.Quote
Litecoin will remain a refuge for the GPU miners and FPGA miners
FPGAs are doing Littecoin now? Hmm, I think you got that one wrong, if I'm not mistaken.
I personally don't but I've heard a couple people mention that the two are very similar once you get past the algo-differences.
I think once ASICs arrive ifTerracoin is still around at least someone will be tempted to put their ASIC on Terracoin once in awhile if only just to blow the difficulty through the stratosphere. Litecoin will remain a refuge for the GPU miners and FPGA miners. Although Litecoin was supposed to be a CPU only coin, it looks like it will remain for the near future at least an ASIC unfriendly (although of course not impossible if someone really wanted) chain.
Thoughts?
I think once ASICs arrive ifTerracoin is still around at least someone will be tempted to put their ASIC on Terracoin once in awhile if only just to blow the difficulty through the stratosphere. Litecoin will remain a refuge for the GPU miners and FPGA miners. Although Litecoin was supposed to be a CPU only coin, it looks like it will remain for the near future at least an ASIC unfriendly (although of course not impossible if someone really wanted) chain.
Thoughts?
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