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Topic: Litecoin v. Bitcoin - page 26. (Read 43665 times)

full member
Activity: 210
Merit: 100
April 28, 2015, 04:56:43 PM
"Fuck Litecoin." -Satoshi Nakamoto
legendary
Activity: 896
Merit: 1001
April 28, 2015, 10:18:15 AM
I recommend litecoin more because it's faster and cheaper and also better distributed and with smaller blockchain.
Good points but no one trusts a noob, can ya dig or even be reasonable?


Faster:  ok, so what?

Cheaper:  in what terms?  dollars per coin? overall acceptance?

Better distributed:  there are scrypt ASICs you know?

Smaller blockchain:  again, why is this a good thing?  There are that many transactions in the blockchain which implies less usage.
copper member
Activity: 2898
Merit: 1465
Clueless!
April 28, 2015, 05:22:51 AM
I recommend litecoin more because it's faster and cheaper and also better distributed and with smaller blockchain.
Good points but no one trusts a noob, can ya dig or even be reasonable?


I'd say litecoin is a very solid 2nd to bitcoin.  If you look at all altcoins right now they have been losing value for the most part over any meaningful length of time at least.  LTC is a good alternative i dont know if it classes as an investment hedge but rather a investment bet.

well i have a no roi no refund knc titan ..so LTC better at least stay 'linked' to BTC in price in that I'm holding on the hope and a prayer that maybe someday I can squeak my way
back to ROI on this KNC mistake (2nd titan i got a deal it will ROI)

but so far it has been with the ups/downs in the 0.006 LTC range of LTC to 1 BTC ...if it was to disconnect further say dip down to 0.005 LTC to BTC I then (along with more folk I'm sure) would then probably not mine LTC and hold but would try to cover my panic'd self and go to say www.westhash.com can mine LTC to BTC direct at that point

but as of now i mean really 1.32 LTC to BTC direct...it just seems DUMB at that low a price and the linkage of BTC to LTC price up/down seemingly to me anyway linked more or less

of course I got a no roi no refund knc titan orig batch unit...so my choice of holding could be looked at with doubt and with that taken into account do the opposite of myself!

just saying where I'm sitting with my underwear in a 'bunch' at these LTC prices as of now and of course in 120 days the 'halving'

sheesh......





legendary
Activity: 1876
Merit: 1000
April 28, 2015, 05:10:17 AM
I recommend litecoin more because it's faster and cheaper and also better distributed and with smaller blockchain.
There are lots of coins more fast and cheaper than litcoin, is that means these coin better than litcoin /bitcoin? The answer is absolutely not.

ok then; "I recommend litecoin more because it's faster and cheaper and also better distributed and with smaller blockchain." and not created in the quest for more fiat.........fixed.
legendary
Activity: 812
Merit: 1000
April 28, 2015, 04:48:47 AM
I recommend litecoin more because it's faster and cheaper and also better distributed and with smaller blockchain.
Good points but no one trusts a noob, can ya dig or even be reasonable?


I'd say litecoin is a very solid 2nd to bitcoin.  If you look at all altcoins right now they have been losing value for the most part over any meaningful length of time at least.  LTC is a good alternative i dont know if it classes as an investment hedge but rather a investment bet.
member
Activity: 212
Merit: 22
Amazix
April 28, 2015, 02:47:24 AM
Litecoin is notable because it was the first alt-coin.
...

^ False.


Namecoin was the first altcoin of any note (IIRC, there were a few sort-of-altcoins before Namecoin, but Namecoin is effectively the first alt).

False. Doubloons was the first altcoin.
member
Activity: 212
Merit: 22
Amazix
April 28, 2015, 02:34:08 AM
I recommend litecoin more because it's faster and cheaper and also better distributed and with smaller blockchain.
There are lots of coins more fast and cheaper than litcoin, is that means these coin better than litcoin /bitcoin? The answer is absolutely not.

It's a mix of different fundamentals that makes a good coin.
Sure, everyone has their bias in here. It's bitcoin main section afterall. In this section of the forum it's 'bitcoin or death' like always. Never would the majority here admit to the fact that the blockchain now is almost 40GB and will be much larger in the future. Litecoin becomes a very good alternative once the bitcoin blockchain becomes inconvenient (spare me the comments about light clients, we all know it's not the same). Also costs per transaction are lower and it's faster. The only reason why bitcoin is still leading the market is because people are slow to migrate.

Of course some hardcore bitcoiners' will now make it their mission to trashtalk litecoin on this thread. It's about investors money afterall and that's how it goes around here.
sr. member
Activity: 462
Merit: 250
April 28, 2015, 01:50:57 AM
I recommend litecoin more because it's faster and cheaper and also better distributed and with smaller blockchain.
There are lots of coins more fast and cheaper than litcoin, is that means these coin better than litcoin /bitcoin? The answer is absolutely not.
member
Activity: 212
Merit: 22
Amazix
April 27, 2015, 11:27:35 PM
I recommend litecoin more because it's faster and cheaper and also better distributed and with smaller blockchain.
Good points but no one trusts a noob, can ya dig or even be reasonable?


You don't have to trust me or use ad hominem. It's alright.
legendary
Activity: 1568
Merit: 1001
April 27, 2015, 11:26:07 PM
I recommend litecoin more because it's faster and cheaper and also better distributed and with smaller blockchain.
Good points but no one trusts a noob, can ya dig or even be reasonable?
member
Activity: 212
Merit: 22
Amazix
April 27, 2015, 11:15:22 PM
I recommend litecoin more because it's faster and cheaper and also better distributed and with smaller blockchain.
full member
Activity: 205
Merit: 100
April 27, 2015, 04:06:40 PM
Those coins will never move.

You have absolutely nothing to base that projection on, whatsoever. Unless you're a clairvoyant, you have no clue whether Satoshi still has access to them, or what his intentions are for them.
hero member
Activity: 700
Merit: 501
April 27, 2015, 03:55:31 PM
I wonder what Cobble things of his own coin nowadays. I would never rule out a future big pump by him and his friends to dump all of their coins before they call it a day pull a Jackson (the DOGE founder).
legendary
Activity: 896
Merit: 1001
April 27, 2015, 09:34:27 AM
Why people need Ltc?


why do we need btc? if we have something better  Wink

and define what you mean by need? i mean most the world gets along fine without cryptocurrencies.
You mean LTC is better than BTC? I don't see anything Ltc is better than Btc, Ltc is just a copy of BTC and almost no people use it.


as i've said before for real world mainstream adoption ltc has huge advantages over bitcoin;

one big one being we know the original dev, btc's got an anon dev with 1 million stash, i'm a crypto enthusiast and that don't sit well with me, hows average joe going to accept that as an alternative to the greedy fiat banker  Huh

bitcoins foundation and core dramas crossed the decentralised line a time or 10 already, lets add gox, silkroad dramas, the fact that a savy lawyer could oneday class action against all bitcoin users for holding a great % of stolen bitcoin (possession of stolen goods is illegal in most places).

come on seriously bitcoin is a regulators nightmare,

lets get too useability, come on seriously any you guys actually use bitcoin?

litecoin i use cross exchange trading so much smoother then bitcoin, in practice, in my real world experience. not yet had a mac client for bitcoin work, not had a problem with litecoin (use both windblows and mac).


problem is most people here have such an emotional attachment to having bitcoin work that they excuse the glaringly obvious problems with it.

 

What do you think Satoshi should do with those coins that he solo mined in 2009?  Move them now to an exchange?  Wait another   That would cause a panic for sure as it would really spook people.  Those coins will never move.
hero member
Activity: 658
Merit: 500
April 27, 2015, 09:17:02 AM
its not about the code, its about being anon then doing a runner with ~1million coinage

The million you talk about hasn't moved in its 6 years of existence. I don't understand why you're so mad at it.
legendary
Activity: 3248
Merit: 1070
April 27, 2015, 09:02:40 AM
I can LTC already dead since a big dump long time ago
From about $50 become $1.3 only Sad

Even BTC price from $12xx become $210
Bitcoin still used as currency unlike LTC

i remember it reached 0.05-0.06 from a initial price around 0.02, that's x3 increase not x1.3, bitcon increase was still better though

remember that when a coin is pumped usually the other is dumped to buy the pumped one...
legendary
Activity: 1358
Merit: 1014
April 27, 2015, 08:49:15 AM
I can LTC already dead since a big dump long time ago
From about $50 become $1.3 only Sad

Even BTC price from $12xx become $210
Bitcoin still used as currency unlike LTC

LTC's pump was insane. I wouldn't count out LTC just yet tho... when BTC goes 1k+ again.. do you really think that LTC isn't going to follow with a pump as well?
legendary
Activity: 1876
Merit: 1000
April 27, 2015, 07:56:35 AM
one big one being we know the original dev, btc's got an anon dev with 1 million stash, i'm a crypto enthusiast and that don't sit well with me, hows average joe going to accept that as an alternative to the greedy fiat banker  Huh

Yeah, but the “original dev” of Litecoin based his development on Satoshi's code, so if there was a problem with Bitcoin, it would affect Litecoin as well.

not on this particular point because its a completely fresh ledger.

So what? The code is the same, just with some changed parameters. If Bitcoin code has a bug, Litecoin has it too.
 

its not about the code, its about being anon then doing a runner with ~1million coinage
hero member
Activity: 658
Merit: 500
April 27, 2015, 07:49:41 AM
one big one being we know the original dev, btc's got an anon dev with 1 million stash, i'm a crypto enthusiast and that don't sit well with me, hows average joe going to accept that as an alternative to the greedy fiat banker  Huh

Yeah, but the “original dev” of Litecoin based his development on Satoshi's code, so if there was a problem with Bitcoin, it would affect Litecoin as well.

not on this particular point because its a completely fresh ledger.

So what? The code is the same, just with some changed parameters. If Bitcoin code has a bug, Litecoin has it too.
legendary
Activity: 1876
Merit: 1000
April 27, 2015, 07:46:24 AM
one big one being we know the original dev, btc's got an anon dev with 1 million stash, i'm a crypto enthusiast and that don't sit well with me, hows average joe going to accept that as an alternative to the greedy fiat banker  Huh

Yeah, but the “original dev” of Litecoin based his development on Satoshi's code, so if there was a problem with Bitcoin, it would affect Litecoin as well.

not on this particular point because its a completely fresh ledger.
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