Topic: LTC vs. BTC: Still the top contender? (Read 2198 times)
Litecoin is getting more centralised everyday. Only the whales are buying more coins. Sad but true
LTC it's been let access at low price for adoption purpose. The more people get it the more will be spread no like other coins having a few hundred bag holders, innovation is coming later.
LTC is not forgotten just buy and hold.
LTC is not forgotten just buy and hold.
Litecoin is not innovative nor will it ever be. Who you trying to fool?
and who you trying to fool with this 'innovation' term? 'innovation' just a word throw around on this forum just to sell the latest scamcoin.
as a currency USD is levels of magnitude more successful then bitcoin, yet how innovative is it?
most average joes can barely get their head around bitcoin let alone these innovative alts that don't really add anything innovative just ad more complications, which makes for less chance of success not greater....but thats lost on most here.
key to making a crypto successful as anything more then a trading token (and thats all all cryptos have been todate including bitcoin), is adoption.
LTC it's been let access at low price for adoption purpose. The more people get it the more will be spread no like other coins having a few hundred bag holders, innovation is coming later.
LTC is not forgotten just buy and hold.
LTC is not forgotten just buy and hold.
Litecoin is not innovative nor will it ever be. Who you trying to fool?
and who you trying to fool with this 'innovation' term? 'innovation' just a word throw around on this forum just to sell the latest scamcoin.
as a currency USD is levels of magnitude more successful then bitcoin, yet how innovative is it?
most average joes can barely get their head around bitcoin let alone these innovative alts that don't really add anything innovative just ad more complications, which makes for less chance of success not greater....but thats lost on most here.
key to making a crypto successful as anything more then a trading token (and thats all all cryptos have been todate including bitcoin), is adoption.
HEY guyz can you let me know im thinking on investing in a rig and wanted to know whats good and not good
Post of the month....no, make that year.
(i know, i know, we should all just give this one a pass...)
HEY guyz can you let me know im thinking on investing in a rig and wanted to know whats good and not good
It's clear LTC will not compete with Bitcoin, so is Dogecoin https://www.coingecko.com/en
They will all fill the same niche. Still cant think why people wnat to use LTC over BTC in the future. More stuff and apps will be built on top of BTC, can LTC take advantage of that? Maybe if Coinbase supports
They will all fill the same niche. Still cant think why people wnat to use LTC over BTC in the future. More stuff and apps will be built on top of BTC, can LTC take advantage of that? Maybe if Coinbase supports
Litecoin is technically very similar to Bitcoin so apps for Bitcoin and anything that is built on top of Bitcoin could also be adapted for Litecoin as well. Whether or not services such as Coinbase choose to incorporate Litecoin is their choice, however. A few exchanges have considered adding LTC trading. Among these were Mt. Gox and BTC China. Payment processor Coinkite also supports Litecoin and Blackcoin in addition to Bitcoin. Some ATMs do too I think.
Definitely, Litecoin is not a Bitcoin contender. When they say "Litecoin is silver to Bitcoin's gold", it clearly show they can't or they don't have interest in to be a Bitcoin contender or surpass the Bitcoin leadership.
There are a lot of threads here claiming Litecoin is dying or is dead. I disagree. Litecoin is still alive, it's still maintained, it's in the #3 at market cap and its acceptance is much larger than any other altcoin. But I agree in an important aspect: Litecoin suffers of a lack of vision. Claiming it doesn't need development and it just need adoption clearly show this.
They need to show why they are here. They can say they use Scrypt instead of SHA-256, they have a fast block generation and related thing. OK, this in 2011 was some innovation. Also, they had a fair launch, with no premine (in opposite to ixcoin and Tenebrix, for example). But, and after this? Just sit and watch Bitcoin development, see if the magic of network effect works and merging some commits from the upstream? They're going to nowhere and eventually will be surpassed by another altcoin.
In my opinion, contenders to Bitcoin today should have some of this characteristics: annonymity / privacy, scalability (some way to avoid blockchain bloat), sustanaibility of mining, or other instruments to difficult attacks against the network.
There are a lot of threads here claiming Litecoin is dying or is dead. I disagree. Litecoin is still alive, it's still maintained, it's in the #3 at market cap and its acceptance is much larger than any other altcoin. But I agree in an important aspect: Litecoin suffers of a lack of vision. Claiming it doesn't need development and it just need adoption clearly show this.
They need to show why they are here. They can say they use Scrypt instead of SHA-256, they have a fast block generation and related thing. OK, this in 2011 was some innovation. Also, they had a fair launch, with no premine (in opposite to ixcoin and Tenebrix, for example). But, and after this? Just sit and watch Bitcoin development, see if the magic of network effect works and merging some commits from the upstream? They're going to nowhere and eventually will be surpassed by another altcoin.
In my opinion, contenders to Bitcoin today should have some of this characteristics: annonymity / privacy, scalability (some way to avoid blockchain bloat), sustanaibility of mining, or other instruments to difficult attacks against the network.
Pretty good post, but a few corrections for the "legendary" trolls here
.1. Really its the number 2 marketcap, ripple does not count because their company owns the vast majority of coins (Auroracoin effect going on here).
2. There is a vision, the whole "doesnt need development" that Charlie said on twitter was out of context. What he means is that Litecoin does not need serious changes to the core. But we do need more third party applications and development. See number 4
3. LTC devs work with BTC devs, and we adopt the same core security measures as bitcoin does which is more important then additional features that can be implemented via 3rd party.
4. bitcoinist.net/litecoin-association-appoints-new-development-team-director/
5. Too tired to post anymore
6. Night all!
LTC lost it's ground from last couple of years.
LTC it's been let access at low price for adoption purpose. The more people get it the more will be spread no like other coins having a few hundred bag holders, innovation is coming later.
LTC is not forgotten just buy and hold.
LTC is not forgotten just buy and hold.
The price is low because there isn't much demand for it.
Litecoin is not innovative nor will it ever be. Who you trying to fool?
This pic typifies the Bitcoin-Litecoin relationship:
LTC it's been let access at low price for adoption purpose. The more people get it the more will be spread no like other coins having a few hundred bag holders, innovation is coming later.
LTC is not forgotten just buy and hold.
LTC is not forgotten just buy and hold.
It's clear LTC will not compete with Bitcoin, so is Dogecoin https://www.coingecko.com/en
They will all fill the same niche. Still cant think why people wnat to use LTC over BTC in the future. More stuff and apps will be built on top of BTC, can LTC take advantage of that? Maybe if Coinbase supports
They will all fill the same niche. Still cant think why people wnat to use LTC over BTC in the future. More stuff and apps will be built on top of BTC, can LTC take advantage of that? Maybe if Coinbase supports
Definitely, Litecoin is not a Bitcoin contender. When they say "Litecoin is silver to Bitcoin's gold", it clearly show they can't or they don't have interest in to be a Bitcoin contender or surpass the Bitcoin leadership.
There are a lot of threads here claiming Litecoin is dying or is dead. I disagree. Litecoin is still alive, it's still maintained, it's in the #3 at market cap and its acceptance is much larger than any other altcoin. But I agree in an important aspect: Litecoin suffers of a lack of vision. Claiming it doesn't need development and it just need adoption clearly show this.
They need to show why they are here. They can say they use Scrypt instead of SHA-256, they have a fast block generation and related thing. OK, this in 2011 was some innovation. Also, they had a fair launch, with no premine (in opposite to ixcoin and Tenebrix, for example). But, and after this? Just sit and watch Bitcoin development, see if the magic of network effect works and merging some commits from the upstream? They're going to nowhere and eventually will be surpassed by another altcoin.
In my opinion, contenders to Bitcoin today should have some of this characteristics: annonymity / privacy, scalability (some way to avoid blockchain bloat), sustanaibility of mining, or other instruments to difficult attacks against the network.
There are a lot of threads here claiming Litecoin is dying or is dead. I disagree. Litecoin is still alive, it's still maintained, it's in the #3 at market cap and its acceptance is much larger than any other altcoin. But I agree in an important aspect: Litecoin suffers of a lack of vision. Claiming it doesn't need development and it just need adoption clearly show this.
They need to show why they are here. They can say they use Scrypt instead of SHA-256, they have a fast block generation and related thing. OK, this in 2011 was some innovation. Also, they had a fair launch, with no premine (in opposite to ixcoin and Tenebrix, for example). But, and after this? Just sit and watch Bitcoin development, see if the magic of network effect works and merging some commits from the upstream? They're going to nowhere and eventually will be surpassed by another altcoin.
In my opinion, contenders to Bitcoin today should have some of this characteristics: annonymity / privacy, scalability (some way to avoid blockchain bloat), sustanaibility of mining, or other instruments to difficult attacks against the network.
calling any coin "next bitcoin" is basically enthusiastic and no serious investor will invest based on such statements.
1001 trolls across many threads (many self moderated) saying ltc is dead or dying etc doesn't make it so.
LTC is dying now, but is not complete dead, probably some day it can go up with some pure speculations, for invest purpose, do not touch it anymore
LTC will follow in bitcoins footsteps for some time to come i believe.
Drk had a good pump last week and has looked good to me for along time now so i'm picking that to be number 2 coin very soon, it has many features that people in the altcoin community want.
Drk had a good pump last week and has looked good to me for along time now so i'm picking that to be number 2 coin very soon, it has many features that people in the altcoin community want.
Litecoin seems to follow Bitcoin's price trend but in a much more exaggerated manner. When the BTC price rose by nearly 100 times between January and November 2013, the LTC price rose by almost 700 times during the same timeframe.
When Bitcoin's price dropped from $900 to $300 in 2014, Litecoin's price dropped from $25 to $2.
When Bitcoin's price dropped from $900 to $300 in 2014, Litecoin's price dropped from $25 to $2.
Im not sure why anyone would use LTC anymore at all.
I dont think we will ever see major retailers accepting payment in LTC, so why hold it?
The value has taken such a hit in 2014 and i dont see any reason for it to ever recover.
The handful of holders can focus on trade volume all they want, but at the end of the day...BTC is vastly superior and always will be
I dont think we will ever see major retailers accepting payment in LTC, so why hold it?
The value has taken such a hit in 2014 and i dont see any reason for it to ever recover.
The handful of holders can focus on trade volume all they want, but at the end of the day...BTC is vastly superior and always will be
not at all, have you seen where crypto are heading ie mainstream (and by that I mean mainstream trading)
biggest hurdle with regulators over the upcoming EFT was bitcoin anon creator, though it may add a cool factor in crypto circles it doesn't sit so well with regulators, and more importantly joe public.
ltc has that over btc in mainstream adoption, the creator is known and thats a bigger thing then u may realise.
ltc may trail btc in retail adoptions but hey retailers arent triping over themselves to add crypto because there's not much to gain, lets be honest you're not going to gain customers by adding any crypto, few if any really use their btc or ltc or any crypto as a currency, most hoard or trade, or swap for fiat asap.
LTCis over now. The price has also dropped to prove the point.
so u r saying bitcoin dead as well?
Im not sure why anyone would use LTC anymore at all.
I dont think we will ever see major retailers accepting payment in LTC, so why hold it?
The value has taken such a hit in 2014 and i dont see any reason for it to ever recover.
The handful of holders can focus on trade volume all they want, but at the end of the day...BTC is vastly superior and always will be
I dont think we will ever see major retailers accepting payment in LTC, so why hold it?
The value has taken such a hit in 2014 and i dont see any reason for it to ever recover.
The handful of holders can focus on trade volume all they want, but at the end of the day...BTC is vastly superior and always will be
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