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Topic: Invest in btc or ltc? - page 3. (Read 3531 times)

hero member
Activity: 506
Merit: 500
December 08, 2013, 07:01:33 PM
#37
I believe there are only two options
1. Select Bitcoin as safest
2. Select alt coin based on risk you want take. The smallest are almost surely doomed to fail within one year
legendary
Activity: 1092
Merit: 1000
nahtnam.com
December 08, 2013, 06:57:16 PM
#36
Right now, I would say BTC since it just dropped and will eventually make its way back up.
full member
Activity: 224
Merit: 100
December 08, 2013, 06:51:35 PM
#35
You have the possibility of a bigger ROI on LTC than BTC. If you are to buy I`d recommend you do your due diligence on market trends and buy on the day the coin is statistically the lowest. Buying any other time would be a terrible idea as it is extremely volatile at the moment.
newbie
Activity: 12
Merit: 0
December 08, 2013, 05:56:52 PM
#34
Everyone will have a different opinion on this.  Mine is that Litecoin is undervalued.  It should, in principle, rise to about 20-30% of Bitcoin's value over time.  However, it is still less than 4% of Bitcoin's value, though it's made big strides lately.  Only a few weeks ago, it was at less than 0.5% of Bitcoin's value, and was just noticed by more exchanges and miners.  It's possible, also, that Litecoin's GPU-friendly Scrypt algorithm brought in some who were late on mining Bitcoins.  Today, GPU's, FPGA's, and even first generation ASIC miners are no longer profitable for Bitcoin.

The only difference between BTC and LTC is that it uses scrypt algorithm, more in coins supply, faster block speeds. How is litecoin undervalued? What make a fiat currency have value? It's supply over demand. What consumers think it's worth.

The only reason BTC is so high is that their are ignorant people investing their money into something that they know nothing about. The investors see hey its the first bitcoin, It has received ubiquitous amount of attention (it must be good), it has more infrastructure than other alt coins for example zipzap are implementing ATM, people only look at the short term of what bitcoin has to offer. To be honest I think peercoin/worldcoin is undervalued.

I could be wrong but isn't ASIC and FPGA hardware in development for scrypt? I know I am changing topics here but is worth investing money in a mining rig that mines scrypt? I am thinking of purchasing a R9 280x it should get around 700Kh/s but I don't know if I will break even since the difficulty will increase exponentially when the ASIC and FPGA hardware comes out for scrypt.
hero member
Activity: 745
Merit: 500
December 08, 2013, 11:23:35 AM
#33
Yes, LTC can go up only if BTC goes up. Without Bitcoin, noone new would know about Litecoin

Bitcoin = speculation + somehow usefull
Litecoin = just speculation for Bitcoin success
newbie
Activity: 6
Merit: 0
December 08, 2013, 11:16:29 AM
#32
Looks like, LTC has more chances of skyrocketing as of now.
legendary
Activity: 1736
Merit: 1029
December 08, 2013, 10:33:10 AM
#31
In my opinion Litecoin would be more valued given time.  It's risen from about 1% of bitcoin to about 5%.  The creator of litecoins is not missing, and their team is still working actively on it.  I take litecoins as a better investment, but IMHO bitcoins are far more usable. 
full member
Activity: 158
Merit: 100
December 08, 2013, 10:22:23 AM
#30
Litecoin because it has the most decentralized network on standard PC parts, most fair coin distribution, and most likely to survive a government targeted attack.

Litecoin was originaly designed as CPU only coin, but now GPUs are much more effecient to mine Litecoin. The only reason ASICs are not available now is because the investment is high. But Im sure Litecoin ASICs will make Litecoin GPU mining obsolete in next years.
full member
Activity: 252
Merit: 100
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December 08, 2013, 10:17:48 AM
#29
Id says LTC, until btc become stable, your just going to lose money.  Unless your shorting the coin, and have some serious capital, I wouldn't do it, not now.  LTC looks good, I think its a good buy value, even though I believe there are bigger % returns on different crypto currencies, LTC and BTC are just the popular ones


Yes, be careful with altcoins in general
newbie
Activity: 24
Merit: 0
December 08, 2013, 10:16:21 AM
#28
Id says LTC, until btc become stable, your just going to lose money.  Unless your shorting the coin, and have some serious capital, I wouldn't do it, not now.  LTC looks good, I think its a good buy value, even though I believe there are bigger % returns on different crypto currencies, LTC and BTC are just the popular ones
newbie
Activity: 56
Merit: 0
December 08, 2013, 10:12:48 AM
#27

Litecoin (LTC) is an altcoin (other coin), which is basically like a BTC clone.
You can read more about it in google or https://bitcointalk.org/index.php?board=67.0
okayy thanks  Cheesy
sr. member
Activity: 350
Merit: 250
December 08, 2013, 09:12:01 AM
#26
I am no expert but isn't LTC value dependent on the performance of BTC? Let's say BTC value drops to $0 would LTC value be the same?

Dropping BTC value to $0 would probably only happen if cryptocurrencies use is unlawfull, so all coins would be affected the same


0 usd will only happen if noone wants to buy it in the whole world.
Which is almost impossible.


But it can go really low Tongue
hero member
Activity: 812
Merit: 1000
Act #Neutral,Think y'self as a citizen of Universe
December 08, 2013, 09:10:51 AM
#25
I am no expert but isn't LTC value dependent on the performance of BTC? Let's say BTC value drops to $0 would LTC value be the same?

Dropping BTC value to $0 would probably only happen if cryptocurrencies use is unlawfull, so all coins would be affected the same
sr. member
Activity: 350
Merit: 250
December 08, 2013, 09:07:00 AM
#24

Litecoin (LTC) is an altcoin (other coin), which is basically like a BTC clone.
You can read more about it in google or https://bitcointalk.org/index.php?board=67.0
newbie
Activity: 56
Merit: 0
December 08, 2013, 09:05:20 AM
#23
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
December 08, 2013, 09:02:09 AM
#22


To make things even more interesting, now there is a crypto called Quark.

Exactly! There is no logical reason to limit the buying choices to two coins.

Bookmark this page: http://coinmarketcap.com/


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Oh...check out my recent video! vvvvvvvv  Cheesy  Grin  Cheesy
sr. member
Activity: 350
Merit: 250
December 08, 2013, 08:55:39 AM
#21
hi!!
its time  to invest in ltc


BTC is the only safe investment.
Altcoins are not really innovative. And too difficult to analyze
sr. member
Activity: 476
Merit: 250
December 07, 2013, 11:27:28 PM
#20
Hi all, I am new to the bitcoin scene. I am interested in investing but should I invest in BTC or LTC? I am no expert but isn't LTC value dependent on the performance of BTC? Let's say BTC value drops to $0 would LTC value be the same?


In advance thanks for the help.

If btc's value drops to 0 then ltc's value will drop to 0 as well. The difference right now is that if bitcoin doubles in value litecoin has a small chance to lets say triple its value because some people consider bitcoin expensive and altcoins cheap. It 's a bet so if you feel like speculating you may want to try litecoin.
newbie
Activity: 21
Merit: 0
December 07, 2013, 11:21:41 PM
#19
To make things even more interesting, now there is a crypto called Quark.  Has anyone got any input about the Quark?  It is said to be easily mined on any computer.

I heard a bunch of people calling it a scam. mostly on reddit but im pretty sure I read a few people say that on this board too. then again its #5 on coinmarketcap and im new to all of this so I guess these could have been people shilling for some other obscure coin?
newbie
Activity: 20
Merit: 0
December 07, 2013, 11:17:00 PM
#18
hi!!
its time  to invest in ltc
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