Litecoin is no longer Prince, about to be surpassed by Ripple

bibbit

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Quote from: bitcoinlitcoinbtcltc on September 22, 2014, 06:58:25 PM

Barely anyone uses Ripple. Litecoin's volume dwarfs Ripple.

Watch the actual volume numbers on coinmarketcap, and you will see that Ripple's daily volume is nearly always in the top 10 and frequently in the top five. That hardly counts as "barely anyone." In addition, the XRP volume number does not count the non-XRP to non-XRP asset trades that occur on Ripple, so a lot of activity is missed by it.

Litecoin does indeed have a bigger volume than Ripple, but the multiplier from Ripple volume to Litecoin volume is typically much smaller than the multiplier between Litecoin volume and Bitcoin volume. If you use the multiplier to discount Ripple, you are doing Litecoin an even bigger disservice with regard to the same thing versus Bitcoin.

rikkejohn

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Quote from: darkota on September 22, 2014, 07:06:14 PM

Quote from: rikkejohn on September 22, 2014, 07:01:47 PM

Quote from: darkota on September 22, 2014, 06:42:44 PM

Litecoin was never prince. It's only real price rise was due to Bitcoin's rise in November, and because it was the first coin launched without a premine or instamine(there were other altcoins made before Litecoin). Now, it's price is not tegged to Bitcoin anymore, since during the recent Bitcoin price rise a few months ago, Litecoin continued to fall and did not follow suit.

what a ridiculous statement, LTC pumped before that. Stop the embarrassing posts. People can just check the charts. You are quickly becoming an absurd character here, and you're not even funny. Big fail.

In saying that, Ripple had more potential than anything I think, then the team messed it up. But it could have a future, and a big one if handled properly.

Are you joking, trolling, or just this ill informed.

LTC's only noteworthy price runup came because of Bitcoin's bullrun.

Ripple is centralized, has an incredible "premine" where the founders/creators hold over 80% of all Ripples, and because of that no one in their sane mind would buy that "coin".

Yet people did buy that coin (or service if you like), as the market shows.

So .... duh .... is LTC dead yet?

darkota

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Quote from: rikkejohn on September 22, 2014, 07:01:47 PM

Quote from: darkota on September 22, 2014, 06:42:44 PM

Litecoin was never prince. It's only real price rise was due to Bitcoin's rise in November, and because it was the first coin launched without a premine or instamine(there were other altcoins made before Litecoin). Now, it's price is not tegged to Bitcoin anymore, since during the recent Bitcoin price rise a few months ago, Litecoin continued to fall and did not follow suit.

what a ridiculous statement, LTC pumped before that. Stop the embarrassing posts. People can just check the charts. You are quickly becoming an absurd character here, and you're not even funny. Big fail.

In saying that, Ripple had more potential than anything I think, then the team messed it up. But it could have a future, and a big one if handled properly.

Are you joking, trolling, or just this ill informed.

LTC's only noteworthy price runup came because of Bitcoin's bullrun.

Ripple is centralized, has an incredible "premine" where the founders/creators hold over 80% of all Ripples, and because of that no one in their sane mind would buy that "coin".

rikkejohn

hero member

Activity: 644

Merit: 500

Quote from: darkota on September 22, 2014, 06:42:44 PM

Litecoin was never prince. It's only real price rise was due to Bitcoin's rise in November, and because it was the first coin launched without a premine or instamine(there were other altcoins made before Litecoin). Now, it's price is not tegged to Bitcoin anymore, since during the recent Bitcoin price rise a few months ago, Litecoin continued to fall and did not follow suit.

what a ridiculous statement, LTC pumped before that. Stop the embarrassing posts. People can just check the charts. You are quickly becoming an absurd character here, and you're not even funny. Big fail.

In saying that, Ripple had more potential than anything I think, then the team messed it up. But it could have a future, and a big one if handled properly.

bitcoinlitcoinbtcltc

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Activity: 717

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Ripple's market cap is fake and manipulated.
Barely anyone uses Ripple. Litecoin's volume dwarfs Ripple.
Ripple has not a strong community & people don't know ripple; Litecoin is much better known.
Also, Litecoin soon turns 3 years old. It's one of the oldest & most established & safest coins out there.

Ripple is a scam compared to Litecoin.

Feel free to sell your LTC for Ripple, the lesser idiots with LTC, the better

.

darkota

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Activity: 770

Merit: 500

Litecoin was never prince. It's only real price rise was due to Bitcoin's rise in November, and because it was the first coin launched without a premine or instamine(there were other altcoins made before Litecoin). Now, it's price is not tegged to Bitcoin anymore, since during the recent Bitcoin price rise a few months ago, Litecoin continued to fall and did not follow suit.

jibble

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Doubt it , ripple has been higher than Litecoins marketcap before, when they had a higher total supply of coins

scv00

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They are getting very close in market cap. If litecoin falls below ripple it might start a panic sell off.

TaunSew

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http://coinmarketcap.com/

Litecoin is going down? Huh

Topic: Litecoin is no longer Prince, about to be surpassed by Ripple (Read 1400 times)