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Topic: THE LTC effect ON BTC - page 2. (Read 1996 times)

legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
April 25, 2013, 04:49:15 AM
#11
Quote


PPC however I think will take the crown from BTC.


I am curious why you say that

I humbly suggest do a little reading on PPC digest it all...

It has some rather large advantages....the BTC may have to adopt...

Betamax had some rather large advantages over VHS.
legendary
Activity: 2632
Merit: 1023
April 25, 2013, 04:39:48 AM
#10
Quote


PPC however I think will take the crown from BTC.


I am curious why you say that

I humbly suggest do a little reading on PPC digest it all...

It has some rather large advantages....the BTC may have to adopt...
full member
Activity: 196
Merit: 100
April 25, 2013, 04:38:12 AM
#9
This is GOOD -

The pie needs to grow and hearts and minds need to be won - only ALL of the people together can topple central banking IMHO - not a few of the earliest adopters.

People who have said this is bad for cryptos are extremely shortsighted.

With the ASICs coming we need a currency for new people to adjust to the idea of mining and understand that a central authority does not issue money in the future.

This lets new people better participate and accept what for many will be a major psychological change in their minds regarding "what is money?" and its decentralization.

Bitcoin needs Litecoin and other alts whether the elitists admit it or not.  It is a useful exercise for new people to be able to participate in the generation of "money."
newbie
Activity: 10
Merit: 0
April 25, 2013, 04:31:31 AM
#8
Quote


PPC however I think will take the crown from BTC.


I am curious why you say that
legendary
Activity: 2632
Merit: 1023
April 25, 2013, 04:29:22 AM
#7
And as alt coins that are trash are exposed as trash over time by no usage as a means of exchange they will be removed after people lose interest in them.

NVC, TRC, and PPC (we'll see about the last one).

If they offer nothing new they may face challenges

I suspect TRC is a pet coin of well you figure it out.

PPC however I think will take the crown from BTC.

I am not sure about LTC 1 to 1.

On one hand it has speed, and asic resistant so it will have much more broad based appeal until and asic comes out for it..

LTC may face 4x chain bloat over BTC though....

Feel free to correct me If I am wrong on any point
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
April 25, 2013, 04:23:58 AM
#6
And as alt coins that are trash are exposed as trash over time by no usage as a means of exchange they will be removed after people lose interest in them.

NVC, TRC, and PPC (we'll see about the last one).
legendary
Activity: 2142
Merit: 1010
Newbie
April 25, 2013, 04:23:13 AM
#5
My view is that CC's as a concept have a total market penetration value. Thus LTC will suck out value from BTC to the level of LTC success v BTC success in that market penetration, and so on.

Further exchanges like BTC-e will be forced to list more coins as they lose market share to gox. same with Vircurex

so FC and BYTE will be listed.

Yup. By the end of this year we can see 1 LTC > 1 BTC.
legendary
Activity: 2632
Merit: 1023
April 25, 2013, 04:22:01 AM
#4
exactly, and when some odd coins in btc-e become less odd, hoarders will tweet magicaltux to list them in gox, and so the cycle continues.

the other appeal is it sort get the value out of early adopters hands in BTC, so that is very appealing to new chains and people that feel they missed out....

hero member
Activity: 602
Merit: 500
April 25, 2013, 02:02:24 AM
#3
Works for me Smiley
legendary
Activity: 1078
Merit: 1002
Bitcoin is new, makes sense to hodl.
April 25, 2013, 02:01:35 AM
#2
exactly, and when some odd coins in btc-e become less odd, hoarders will tweet magicaltux to list them in gox, and so the cycle continues.
legendary
Activity: 2632
Merit: 1023
April 25, 2013, 12:55:05 AM
#1
My view is that CC's as a concept have a total market penetration value. Thus LTC will suck out value from BTC to the level of LTC success v BTC success in that market penetration, and so on.

Further exchanges like BTC-e will be forced to list more coins as they lose market share to gox. same with Vircurex

so FC and BYTE will be listed.
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