Is Litecoin massively undervalued? | Bitcointalksearch.org

StewartJ

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Quote from: klee on November 03, 2013, 10:11:27 AM

Quote from: imrer on November 03, 2013, 10:08:46 AM

Why do you think LTC is piece of shit? Why would be successful only BTC? In comparison to other crypto LTC has few features to offer.

I am too bored to explain (sorry mate) and I hope people do not take it personally - I am just honest on how I feel.

Let's say I hate the speculative trolls it has gathered (see btc-e trollbox).

And all I see by far is a pump & dump coin...

I just see someone way too invested in NXT... good luck with that?

StewartJ

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This thread reminds me of the Bitcoin talk from a year ago wondering if BTC was overvalued
at $50.... so $850 later.

Litecoin is poised for a great year... riding on Bitcoin's success, without the taint
of Silk Road, with better technical specs, ready to be added to the bigger exchanges,
at a much more affordable investment price than btc.

Litecoin has consistently doubled in value, repeatedly since 2012.
See no reason why it will not continue to rise in value accordingly.

I think $100 ltc by mid to late 2014 is conservative estimate.

There are certainly some interesting alt coins coming on the scene like
Nxt, Msc, and Xrp and the establishef Ppc, Xpm and Nmc coins. But highly doubt
they will contend as seriously as Litecoin. LTC has been anointed by the media, the exchanges,
the miners, daytraders and investors as the The Crypto Currency after Bitcoin.

leahayay

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undervalued in my opinion, but we will see

Scott J

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Quote from: Hazard on November 18, 2013, 05:58:28 PM

Quote from: LiteCoinGuy on November 18, 2013, 05:49:06 PM

Quote from: papaminer on November 03, 2013, 08:29:33 PM

I would say yes..... it is undervalued...

generating LTC is not that easy... considering high ELECTRICITY it consumes...

When I started LTC the price was around $5+ per LTC.. which I think is a very good price for $0.25/kwh (high peak hours)

when ltc dropped to under $2 I stopped mining and my $5k rig is sitting doing nothing until fall/winter where electricity is cheaper $0.12/kwh

so yeah... since BITCOIN IS THE GOLD... there should be a SILVER... which is LITECOIN...

if BTC is worth $1000 then LTC should be worth $500

actually it should be BTC 1000 USD and Litecoin 250 USD (because there is 4 times more silver than gold

)

You're out of your fucking mind.

For this to happen, there needs to be parity between the support and services associated with both coins. BTC is miles ahead of LTC in that regard.

First mover advantage is not easy to overcome.

First mover advantage is great, but I strongly feel that Litecoin has attached itself to Bitcoin's coattails and is going along for the ride.

It is so little extra effort for any enterprise to accept LTC as well as BTC.

With the large market capitalization of Litecoin, why wouldn't businesses want to open themselves to a $593,246,312 market?

kalus

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let's make a deal.

Quote from: Hazard on November 18, 2013, 05:58:28 PM

You're out of your fucking mind.

For this to happen, there needs to be parity between the support and services associated with both coins. BTC is miles ahead of LTC in that regard.

First mover advantage is not easy to overcome.

on the other hand, Pioneers were often recognized in the wild west because their bodies had the arrows sticking out of their backs.

Scott J

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Visa/Mastercard
Bitcoin/Litecoin

Shocked

Hazard

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Quote from: LiteCoinGuy on November 18, 2013, 05:49:06 PM

Quote from: papaminer on November 03, 2013, 08:29:33 PM

I would say yes..... it is undervalued...

generating LTC is not that easy... considering high ELECTRICITY it consumes...

When I started LTC the price was around $5+ per LTC.. which I think is a very good price for $0.25/kwh (high peak hours)

when ltc dropped to under $2 I stopped mining and my $5k rig is sitting doing nothing until fall/winter where electricity is cheaper $0.12/kwh

so yeah... since BITCOIN IS THE GOLD... there should be a SILVER... which is LITECOIN...

if BTC is worth $1000 then LTC should be worth $500

actually it should be BTC 1000 USD and Litecoin 250 USD (because there is 4 times more silver than gold

)

You're out of your fucking mind.

For this to happen, there needs to be parity between the support and services associated with both coins. BTC is miles ahead of LTC in that regard.

First mover advantage is not easy to overcome.

LiteCoinGuy

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In Satoshi I Trust

Quote from: papaminer on November 03, 2013, 08:29:33 PM

I would say yes..... it is undervalued...

generating LTC is not that easy... considering high ELECTRICITY it consumes...

When I started LTC the price was around $5+ per LTC.. which I think is a very good price for $0.25/kwh (high peak hours)

when ltc dropped to under $2 I stopped mining and my $5k rig is sitting doing nothing until fall/winter where electricity is cheaper $0.12/kwh

so yeah... since BITCOIN IS THE GOLD... there should be a SILVER... which is LITECOIN...

if BTC is worth $1000 then LTC should be worth $500

actually it should be BTC 1000 USD and Litecoin 250 USD (because there is 4 times more silver than gold

)

Apraksin

sr. member

Activity: 420

Merit: 251

Moon?

Overvalued.

It's the same thing that happened last bubble all over again. Newbies read some article about bitcoin, considers buying some but thinks "Naaaah...I missed the train, but what's this litecoin? If I buy that I'll be rich quick, Because it's still cheap and it's the silver to bitcoins gold!"

Then the oldtimers pump, dump and profit, and ltc sinks down to obscurity again.

Notanon

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It's more like gold to Bitcoin's platinum. Silver would be Peercoin at the moment and I guess a smaller, more plentiful alt like Feathercoin would fit the description of bronze better.

donal

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Litecoin is hardly useless, and is probably under selling itself by saying it is silver to bitcoin gold. At the end of the day, litecoin functions and has many of the advantages of Bitcoin. You can still transfer money across the planet in an instant, avoiding clearing houses. The only factor that should be the difference is supply, Bitcoin/4!

Bitcoin has the advantage of sentiment being the first crypto around, but there is definitely value in Litecoin..

tacotime

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oracle success, part 2

Lauda

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Terminated.

Way overvalued, it is.

a4fire

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Free market price will rise if both supplier and consumer agree with its new value. The demand for units of exchange derives from number of natural transactions.

papaminer

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Free World

I would say yes..... it is undervalued...

generating LTC is not that easy... considering high ELECTRICITY it consumes...

When I started LTC the price was around $5+ per LTC.. which I think is a very good price for $0.25/kwh (high peak hours)

when ltc dropped to under $2 I stopped mining and my $5k rig is sitting doing nothing until fall/winter where electricity is cheaper $0.12/kwh

so yeah... since BITCOIN IS THE GOLD... there should be a SILVER... which is LITECOIN...

if BTC is worth $1000 then LTC should be worth $500

ScryptAsic

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GainerCoin.com 🔥 Masternode coin 🔥

Quote from: over1977v on November 03, 2013, 01:05:10 PM

I pay about $0.25 / kWh, so Litecoin is really massively undervalued from this point as I cant GPU mine with a profit.

Your electricity bills is way too high although I agree that Litecoin is massively undervalued....

Meizirkki

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There's little reason to accept litecoin for now. Hoping it to get accepted tho cause I mined some 200 of em when it was easy Grin

superduh

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undervalued. it's the second most "used"/"mined" coin.
it wouldn't take that much for exchanges and processors (bitpay, coinbase etc) to flip a small switch and start processing litecoins as well.
in due time.
technologically beacuse it IS so close to bitcoin in many ways doing that would require minimial effort.
after this happens i think price will be much higher

smoothie

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LEALANA Bitcoin Grim Reaper

Undervalued to who?

I guess it all depends on the perspective.

Wouldn't surprise me to see a price rise to $10-$40 in the next 12 months.

I could be wrong on that but it wont be a surprise.

Skinnkavaj

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English Motherfucker do you speak it ?

Quote from: ?? on ??

Quote from: over1977v on November 03, 2013, 01:05:10 PM

I pay about $0.25 / kWh, so Litecoin is really massively undervalued from this point as I cant GPU mine with a profit.

I pay $0.00 /kWh Tongue

You steal electricity then. Someone is always paying in the end.

Topic: Is Litecoin massively undervalued? (Read 6163 times)