Topic: Litecoin v. Bitcoin - page 20. (Read 43665 times)

I've got miners that are working their way to doorstops...so all said and done even with the halving of litecoin end of sept this year I'll prob be looking at 4000 LTC
I have 52.5 BTC so that is about 32% of all of it I guess is  into LTC at this point.....I will likely convert some (most unsure?) of it to BTC but just can't pull the trigger at 1.45 LTC prices
thus my gamble...a nice stupid unexplained bubble on the halving along with say a bitcoin bubble at the same time to even $2 LTC would make my day....

so kinda a different take on what I would put into LTC now if I had the $$$...I suppose....if all I had was the 52.5 BTC and no miners to doorstops making LTC I
would probably put maybe 1.5K into LTC on the halving of LTC and LTC going up with that and my hope/prayer of BTC going up and LTC acting like yoshi following
mario around as LTC seems to do....and again  up as well....but my bet has to be SOMEWHAT locked into a rise of LTC and/or BTC in that I have to cover this last bit of equipment
still mining LTC...my ego sees a shot at a bit more then ROI so gonna go for it

but again w/o that 1.5K would MAYBE  be likely ......but again wtf do I know at one time I drank the BFL kool aid...got a refund but still......

Litecoin to hedge your bets and is not a fact that you will have same value look how much it has lost this year. Bitcoin will not just grow to riches if anything that is the wrong way around as litecoin has more potential to give a greater ROI imo of course. OP bitcoin is better and always will be, but if you need smaller faster transactions then litecoin will be the future.

I have 11% in LTC currently and 89% bitcoin but tbh i think when we hit a bubble its better to be mostly in litecoin or 50/50 perhaps is safer.  While its still the #2 coin im sticking with it.  It wont hit double figures without a bitcoin bubble.

How much are you gambling then? I want to gamble some too, but putting it into a sound project like MAID feels safer and should give huge rewards too.
I don't think at all LTC has the potential to hit double figures again, unless someone deliberately pumps the ever lasting shit out of it.

I suggest you to use Litecoin to keep your stay in the same value, and use Bitcoin to grow your money to the higher value

Bitcoin and Litecoin are pretty much the same. The only differences is Bitcoin uses SHA-256 algorithm and Litecoin uses Scrypt algorithm. Litecoin confirms transactions faster than Bitcoin, and Bitcoin price fluctuates white Litecoin stay's the same for awhile.

Its worth the gamble imo, this was all said before and people would have jumped at the chance for this price even before the china bubble, what has changed now? not a great deal.

When doing my mtgox claim the other day and looking at the screen shots i took before gox went down i found my bitfinex one with litecoin @ like $30 ha, good times.

managed to get myself stuck with some scrypt miners MAY JUST  pull out ROI in 2 months ...holding 2000 LTC as of now ..if i continue to do this by the time
of litecoin halving will be around 3500 LTC coin......(sheesh)

so not sure if that is investing or just panic holding..but man ..selling LTC at 1.45 usd and the halving coming up in like 3 months just seems so WRONG on
so many levels........assuming you don't have to sell your LTC to get someone a kidney or something

so we also serve in er ...what did you call it 'investing' .....who sit on our LTC and our hands and ponder the mysteries on why/how did I get them scrypt miners
and wtf do I do next.....so looking at 2 miracles ...miracle #1 I will likely ROI on my equipment and elec on my btc and ltc miners ..at least on paper (holding) or
maybe a tiny bit more    .... miracle #2 the halving will happen and I will sell at or above 1.45 usd or so on everyone flocking to LTC

actually as you can tell i have no frigging control nor idea of what is going on or wtf i'm doing ...just to be clear

so yeah ..i'm gonna use your term when folk ask " I'm investing" sounds much better then "I've no idea wtf I'm doing"

exciting times what?



you sir could very well be correct..but with what I have in equipment I sure as hell ain't gonna sell my LTC at 1.45 usd.....at least if I stick to that and
and LTC goes to the toilet and dies...I can be like the LTC KING I would have lots and lots of LTC at that point and difficulty on my miners would be way way low...
I could then have the deluded life of a 2015 beanie baby collector...I'd have lots of LTC.....(hey they take up less room then cats in my old age)

but for 1.45 usd per LTC and the halving showing up and the situation I'm in (again you could be correct) I'll just eat it at that point ...I can ROI in 2 months
at 1.45 usd......if it tanks completely...well duh the ship sunk and I'll need a new boat ....(wtf probably would have ended up as a tricked out bass boat anyway
and it may have sunk also if i use denial and 20/20 hindsight)

as to wtf I will do if LTC pumps up some.....yeah I'll probably sell some ..probably 3/4 ...might hold the rest ..but at 1.45 usd ...I'll take my chances on it all
going beanie baby.......

heh damn looks like at least i took a 'position' so to speak

(my unconscious mind  disavows all knowledge of wtf the above individual is doing in all this we advised him not to get the dang miners in the first place)

ah wtf someday they will stick me in an old folks home and take all my stuff and give me a bathrobe and a toothbrush so big whoop...its only money

LiteCoin have no future.

anyone investing in litecoin? if yes where?

pardon me this info is arrived at how? and where? etc

Current Technical Indicators and Moving Averages for daily timeframe trading USD

	Bitcoin	Litecoin
Moving Averages	Strong Sell	Neutral
Technical Indicators	Sell	Buy

this is true for every coin basically, and bitcoin is  not exempt from this too

litecoin is still here because it has a good name(that is very alike to bitcoin it is like its alterego), many understimate this, but the name is important

Litecoin is  just  a pump and dump coin, And most of the volume of litecoin in Chinese exchange are fake .

again my problem is (i have many issues) but have knc titan(s) one i got used it will roi one i got orig it will be a race to see if with the 2nd one will help me to roi 1st one lol

but anyway last 6 months as of may 6th 2000 LTC....so my problem up to this point has been mining LTC to BTC at like 1.30 to 1.45 price for LTC ...ie the westhash
LTC for BTC route..just seemed stupid ...LTC seems imho too low so used www.litecoinpool.org to mine LTC and hold (so far)

now that I'm at 2000 LTC and 3 months to go till LTC halving...maybe I should get cold feet and mine LTC to BTC if I plan on sitting on this LTC hoping it goes up on the halving

that is probably 1500 LTC or so converted to BTC till then if i switched now....so no longer...but all my eggs in one basket so to speak .sigh choices to make

not sure ..pondering

but IF and I mean IF LTC does survive...imho ..it will but still.....I doubt it would be any worse then 0.006 LTC to BTC that it is now.....LTC is the Yoshi to Bitcoin's Mario...seems to like to totter around after....that is my 2000 LTC bet ....the price will go up and/or LTC will continue to chug along

as to if I want to continue that bet for the next 3 months mining these titan(s) ...there's the rub......1500 or so minng coin decision by that point in time

man  I would feel silly if I had 3500 LTC and halving happened and a big yawn and a slide down to like 80c .sheesh...

FML since BTC and now LTC has come around been nothing but excitement...on a side note...the difficulty of LTC NOW is more or less the same as it was when I got my 1st Titan in Nov 2014.....hell ....these Titan(s) may wait to aspire to be doorstops until 2016......

love this alt coin btc and ltc stuff...always comes down to 2 choices

Pick A .....you are golden!

Pick B .... you are toast!

don't matter if it is on brand of equip vs another ...get a miner or not....sell at a price or not....mine ltc to btc mine ltc to hold etc.....

pick the wrong one and you are this guy

https://www.youtube.com/watch?v=IUppOKg0MeQ

food for wolves

This chart is handy and shows how litecoin trades vs bitcoin but this video shows bitcoin is still way ahead:

https://www.youtube.com/watch?v=CzjMYt3C2QI

Sad but true.

Yes, it certainly is a gamble. There is a bit of truth to the fact that LTC may go up a bit during the next bitcoin bubble as investors like to hedge their bets and more people will be attracted to crypto-currencies in general. The problem with this bet is there is a lot of competition out there and the same holds true for other alts and thus an investor should consider that litecoin may not have the greatest return amongst the group.

This is an assessment I made elsewhere:

It's very tempting to buy LTC now in case a huge pump happens, but I doubt it would deliver higher returns than just holding BTC. I dont know, I just doubt very much LTC will ever reach 30 dollars or so, thing seems pretty dead now compared to BTC.

On busy days Litecoins trade at much higher percentages

25 Jan. was Litecoins highest spike a buy
15 Jan was Bitcoin highest spike a sell