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Topic: Litecoin - page 2. (Read 2696 times)

legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
September 13, 2012, 06:22:56 AM
#9
The hash rate of Ltc network has been surprisingly stable considering the price volatility, probablydue to some kind of botnet, but I haven't read about it.
hero member
Activity: 798
Merit: 1000
September 13, 2012, 12:44:05 AM
#8
What's the consensus around here on litecoins?

Does anyone have any predictions?
Is it going to bubble?
Is it worth keeping a cache of these just in case?

My opinion on litecoin is that it has no technological advancement nor any innovation over bitcoin and is essentially just a clone with a few variable tweaks, so it is utterly useless. On a meta level, the earliest distribution of coins was much more spread out and does not leave quite the massive, manipulative power potential that bitcoin has. But I don't believe that is worth any brownie points in the grand scheme of things.
member
Activity: 91
Merit: 10
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
September 13, 2012, 12:37:20 AM
#7
See below \/
vip
Activity: 980
Merit: 1001
September 13, 2012, 12:33:59 AM
#6
I have been interested to know if litecoin or any other alt coins give you a better return for your hashrate if you will ultimately be converting to bitcoin.
sometimes it does sometimes it doesn't
depends on the value of each at the time, both are volatile, you need to watch and switch at the right times Smiley

A lot of GPU miners are hoping Litecoin has some value after ASIC comes to Bitcoin
but
Litecoin has a tiny economy (not unlike Bitcoin a couple of years ago) the economy needs to grow or it will not be worth mining them when flooded by GPUs and difficulty skyrockets Smiley
newbie
Activity: 8
Merit: 0
September 12, 2012, 11:27:35 PM
#5
I have been interested to know if litecoin or any other alt coins give you a better return for your hashrate if you will ultimately be converting to bitcoin.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
September 12, 2012, 11:25:15 PM
#4
one of these days someone is going to make a bitcoin fork and totally market it well. you know dump 1million into the project, create hype and anticipation of it coming out.

and that has a chance at PWNing bitcoin
legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
September 12, 2012, 11:11:33 PM
#3
The odd is not in LTC's favor, concerns me most is the dev team.

but I still like it, actually, love it.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
September 12, 2012, 11:04:01 PM
#2
i fully expect it to fail.

but I'm still holding 250 (~ 1btc) of them ... for fun
newbie
Activity: 13
Merit: 0
September 12, 2012, 10:48:26 PM
#1
What's the consensus around here on litecoins?

Does anyone have any predictions?
Is it going to bubble?
Is it worth keeping a cache of these just in case?
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