Think Litecoin will see the same growth as Bitcoin? - page 2.

markjamrobin

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Quote from: MicroGuy on November 16, 2013, 12:37:15 AM

Quote from: Mentaso on November 16, 2013, 12:31:34 AM

Quote from: MicroGuy on November 16, 2013, 12:26:02 AM

Quote from: xlKamikazeels on November 16, 2013, 12:19:43 AM

So I was checking out some other Alt-Coins, and was thinking that if anything was gonna be the next to take off. I was thinking of buy a bunch of Litecoin and sitting on them since Bitcoin right now is nuts, I figured this would be a good alternative. Any thoughts?

At one point I was in your position checking out altcoins and discovered Goldcoin. I believe it's the next coin getting ready to rocket!

Judging by your previous posts pushing gold coin, you are directly involved in it, which makes your predictions biased

True. But the fact that my view is biased does not make it invalid. I have spent over 30 years in the computer industry and have found something very special. Most people that check it out seem to stick around. Best of luck to each and every reader! And cheers!

That is ridiculous. No matter how intelligent someone is, evangelizing biased views is not the best way to convey the truth.

telostia

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Now that's a concept I never expected to realize. So bitcoin is like mastercard and altcoin/litecoin is visa for example. That would be pretty good because these coins are nation independent which means theres no conversion fees if you used the one coin type as your transaction. Maybe I should try to promote the coins in Australia so that my clients will get to know about it. Making a POS software system is within my reach and hearing about this I'm actually quite excited about. I can introduce the coins through the POS as a proof of concept Cheesy

. Thanks for the information MicroGuy. Good call there.

Mentaso

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Bitcoin News-Reviews

Quote from: MicroGuy on November 16, 2013, 12:57:37 AM

Quote from: telostia on November 16, 2013, 12:52:04 AM

I've been told that bitcoin succeeded because in some country, people offer take bitcoins as payments for their local shopping store. Now theres alot more stores out that used bitcoins and to my knowledge theres no litcoin payment based stores yet. Which means it is much more difficult for litcoin to succeed in the near future. I don't think litcoin will do so well so soon but wouldn't count the possibility what him happen several more years later. I just don't find it profitable to invest in litecoin at the moment. What do you guys think? Am i missing something? please prove me wrong.

What's going to happen is litecoin and some of the other altcoins will be able to integrate into the existing Bitcoin merchant POS systems. The main driver will be consumer demand/adoption. First consumers become aware of Bitcoin, then consumers become aware of altcoin, then merchants integrate.

It's not much different than today's merchants that accept Discover, Master Card, and Visa. All the cards are swiped on the same machine.

Ok.. not to be argumentative... and I just happen to enjoy this subject...

But whats the point of altcoin if bitcoin doesnt need them. Consumers choose credit cards due to their credit history, location and the fees associated with them.
What do altcoins offer differently to Bitcoin.
Why would consumers bother with altcoins?
Are there lower fees?
Is it structured differently?

I am asking valid questions....

MicroGuy

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Quote from: telostia on November 16, 2013, 12:52:04 AM

I've been told that bitcoin succeeded because in some country, people offer take bitcoins as payments for their local shopping store. Now theres alot more stores out that used bitcoins and to my knowledge theres no litcoin payment based stores yet. Which means it is much more difficult for litcoin to succeed in the near future. I don't think litcoin will do so well so soon but wouldn't count the possibility what him happen several more years later. I just don't find it profitable to invest in litecoin at the moment. What do you guys think? Am i missing something? please prove me wrong.

What's going to happen is litecoin and some of the other altcoins will be able to integrate into the existing Bitcoin merchant POS systems. The main driver will be consumer demand/adoption. First consumers become aware of Bitcoin, then consumers become aware of altcoin, then merchants integrate.

It's not much different than today's merchants that accept Discover, Master Card, and Visa. All the cards are swiped on the same machine.

telostia

newbie

Activity: 44

Merit: 0

I've been told that bitcoin succeeded because in some country people offer to take bitcoins as payments for their local shopping store. Now theres alot more stores out there that used bitcoins and to my knowledge theres no litcoin payment based stores yet. Which means that it is much more difficult for litcoin to succeed in the near future. I don't think litcoin will do so well so soon but wouldn't count the possibility what will happen several years later. I just don't find it profitable to invest in litecoin at the moment. What do you guys think? Am i missing something? please prove me wrong.

MicroGuy

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Twitter @realmicroguy

Quote from: Mentaso on November 16, 2013, 12:45:31 AM

Because you're so biased, it does make your comment invalid.

Best of luck and I guess only time will tell! Cheers! Cheesy

Mentaso

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Bitcoin News-Reviews

Quote from: MicroGuy on November 16, 2013, 12:37:15 AM

Quote from: Mentaso on November 16, 2013, 12:31:34 AM

Quote from: MicroGuy on November 16, 2013, 12:26:02 AM

Quote from: xlKamikazeels on November 16, 2013, 12:19:43 AM

So I was checking out some other Alt-Coins, and was thinking that if anything was gonna be the next to take off. I was thinking of buy a bunch of Litecoin and sitting on them since Bitcoin right now is nuts, I figured this would be a good alternative. Any thoughts?

At one point I was in your position checking out altcoins and discovered Goldcoin. I believe it's the next coin getting ready to rocket!

Judging by your previous posts pushing gold coin, you are directly involved in it, which makes your predictions biased

True. But the fact that my view is biased does not make it invalid. I have spent over 30 years in the computer industry and have found something very special. Most people that check it out seem to stick around. Best of luck to each and every reader! And cheers!

Ive been on this planet for over 30 years... That does not make me a climatologist, geologist or psychologist.
Because your so biased, it does make your comment invalid. The comment is marketing hype, not a rational statement based on fact and projections.
Im not arguing and I do hope golder coin does better than sea shells.

psychocoin

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LTC/BTC ratio's been going down. I wouldn't invest into LTC over BTC right now.

pand70

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Litecoin's price seems tied with bitcoin. If bitcoin goes up litecoin follows although the ltc/btc ratio doesn't stay the same.

MicroGuy

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Quote from: Mentaso on November 16, 2013, 12:31:34 AM

Quote from: MicroGuy on November 16, 2013, 12:26:02 AM

Quote from: xlKamikazeels on November 16, 2013, 12:19:43 AM

So I was checking out some other Alt-Coins, and was thinking that if anything was gonna be the next to take off. I was thinking of buy a bunch of Litecoin and sitting on them since Bitcoin right now is nuts, I figured this would be a good alternative. Any thoughts?

At one point I was in your position checking out altcoins and discovered Goldcoin. I believe it's the next coin getting ready to rocket!

Judging by your previous posts pushing gold coin, you are directly involved in it, which makes your predictions biased

True. But the fact that my view is biased does not make it invalid. I have spent over 30 years in the computer industry and have found something very special. Most people that check it out seem to stick around. Best of luck to each and every reader! And cheers!

markjamrobin

sr. member

Activity: 462

Merit: 250

Quote from: MicroGuy on November 16, 2013, 12:26:02 AM

Quote from: xlKamikazeels on November 16, 2013, 12:19:43 AM

So I was checking out some other Alt-Coins, and was thinking that if anything was gonna be the next to take off. I was thinking of buy a bunch of Litecoin and sitting on them since Bitcoin right now is nuts, I figured this would be a good alternative. Any thoughts?

At one point I was in your position checking out altcoins and discovered Goldcoin. I believe it's the next coin getting ready to rocket!

Do you have any evidence to support such a belief, besides your personal interest?

Mentaso

member

Activity: 63

Merit: 10

Bitcoin News-Reviews

Quote from: MicroGuy on November 16, 2013, 12:26:02 AM

Quote from: xlKamikazeels on November 16, 2013, 12:19:43 AM

So I was checking out some other Alt-Coins, and was thinking that if anything was gonna be the next to take off. I was thinking of buy a bunch of Litecoin and sitting on them since Bitcoin right now is nuts, I figured this would be a good alternative. Any thoughts?

At one point I was in your position checking out altcoins and discovered Goldcoin. I believe it's the next coin getting ready to rocket!

Judging by your previous posts pushing gold coin, you are directly involved in it, which makes your predictions biased

MicroGuy

legendary

Activity: 2506

Merit: 1030

Twitter @realmicroguy

Quote from: xlKamikazeels on November 16, 2013, 12:19:43 AM

So I was checking out some other Alt-Coins, and was thinking that if anything was gonna be the next to take off. I was thinking of buy a bunch of Litecoin and sitting on them since Bitcoin right now is nuts, I figured this would be a good alternative. Any thoughts?

At one point I was in your position checking out altcoins and discovered Goldcoin. I believe it's the next coin getting ready to rocket!

xlKamikazeels

newbie

Activity: 14

Merit: 0

So I was checking out some other Alt-Coins, and was thinking that if anything was gonna be the next to take off. I was thinking of buy a bunch of Litecoin and sitting on them since Bitcoin right now is nuts, I figured this would be a good alternative. Any thoughts?

Topic: Think Litecoin will see the same growth as Bitcoin? - page 2. (Read 3246 times)