Gox is down here, is it working for you guys ?
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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33036. (Read 26497526 times)
June 23, 2013, 02:12:12 PM
June 23, 2013, 02:10:10 PM
Aliens are Faster Than Light - LTC too slow.
Go go Feathercoin!
Just to highlight how pointless argument is the speed issue between BTC & LTC. Not to mention XRP (but wait! it's a scam!...)
Go go Feathercoin!
Just to highlight how pointless argument is the speed issue between BTC & LTC. Not to mention XRP (but wait! it's a scam!...)
June 23, 2013, 02:09:52 PM
Or Feathercoin, or Blightcoin, or any other coin.
But MtGox will work with Litecoin, this is a fact. It will be a good promotion for LTC in the future. So, not FTC nor anything other.
June 23, 2013, 02:09:08 PM
Is it just me, or do other people also miss the gifs on bitcoinity?
Just for you ... don't EVER let go of your Bitcoins ...
June 23, 2013, 02:08:10 PM
Gox is down here, is it working for you guys ?
June 23, 2013, 02:07:56 PM
The blockchain size limit is perhaps one of the biggest question/problem in the development right now,
but it seems to be going in the "unlimited" direction.
But this problem is not solved yet.
And right now we are not hitting the hard limit.
When/if we hit it, it will influence the transaction fees.
They will have to go up quite a bit for the "off chain transactions" to be interesting.
And maybe they will solve it by promoting LTC for small transactions.
Or Feathercoin, or Blightcoin, or any other coin.This is assuming that nothing more elegant than another blockchain can be used for the "off chain transactions" scheme.
Right now small BTC transactions are limited by amount, because of this problem.
No. That's not even related.
The minimum limit is to -temporarily- protect the blockchain from being bloated with unspendable transactions while the developers are working towards a more market-driven solution.
And because Litecoin is a copy of Bitcoin... how are these same problems dealt with?
June 23, 2013, 02:04:48 PM
Right now the number of Bitcoin transactions is limited by low adoption
Anyway ... aliens
Anyway ... aliens
I mean you can't spend low amount of BTC right now because of the blockchain problem.
I don't know if that is true or not. Anyone ?
https://bitcointalksearch.org/topic/warning-bitcoin-will-soon-block-small-transaction-outputs-196138
https://bitcointalksearch.org/topic/why-does-there-need-to-be-a-limit-on-amount-of-transactions-215129
June 23, 2013, 02:04:09 PM
Right now the number of Bitcoin transactions is limited by low adoption
Anyway ... aliens
Anyway ... aliens
I mean you can't spend low amount of BTC right now because of the blockchain problem.
I don't know if that is true or not. Anyone ?
June 23, 2013, 02:01:27 PM
Right now the number of Bitcoin transactions is limited by low adoption
Anyway ... aliens
Anyway ... aliens
I mean you can't spend low amount of BTC right now because of the blockchain problem.
June 23, 2013, 02:01:10 PM
Is it just me, or do other people also miss the gifs on bitcoinity?
June 23, 2013, 02:00:02 PM
The blockchain size limit is perhaps one of the biggest question/problem in the development right now,
but it seems to be going in the "unlimited" direction.
But this problem is not solved yet. And maybe they will solve it by promoting LTC for small transactions.
Right now small BTC transactions are limited by amount, because of this problem.
Right now the number of Bitcoin transactions is limited by slow adoption
Anyway ... aliens
June 23, 2013, 01:54:31 PM
The blockchain size limit is perhaps one of the biggest question/problem in the development right now,
but it seems to be going in the "unlimited" direction.
But this problem is not solved yet. And maybe they will solve it by promoting LTC for small transactions.
Right now small BTC transactions are limited by amount, because of this problem.
June 23, 2013, 01:52:15 PM
June 23, 2013, 01:51:41 PM
Don't forget that BTC has a blockchain limit for number of transactions to operate.
LTC will be useful for small transactions to unload BTC. So, BTC+LTC can be a very stable payment system in the future.
LTC will be useful for small transactions to unload BTC. So, BTC+LTC can be a very stable payment system in the future.
No. The blockchain has a limit on the size of blocks.
The blockchain size limit is perhaps one of the biggest question/problem in the development right now,
but it seems to be going in the "unlimited" direction.
And if you want to unload part of transactions from Bitcoin, why would you use LTC?
Pleeeeenty of other choices around. Hell, Namecoin even offers some added value!
I'm tempted to short, but the volume is so low that I'm afraid to be locked in my position.
June 23, 2013, 01:50:57 PM
so, as it will go 1:1, it does not really matter if you hold BTC or LTC at that point.
In the long-term yes.
And in short term it is better to hold LTC.
June 23, 2013, 01:49:12 PM
so, as it will go 1:1, it does not really matter if you hold BTC or LTC at that point.
In long term yes.
June 23, 2013, 01:47:26 PM
From investment point of view, by your beliefs staying in BTC is dumb. Why hold BTC if LTC will appreciate faster.
I say that LTC will appreciate faster in the short-term because of MtGox adopting.
Then LTC will grow 1:1 with BTC.
So, I thnik good investment is both BTC and LTC.
I understand, so assuming what you say is right, it is better to buy fully into LTC now, because it will appreciate faster in short term, and then go 1:1 with BTC, so, as it will go 1:1, it does not really matter if you hold BTC or LTC at that point.
June 23, 2013, 01:45:21 PM
From investment point of view, by your beliefs staying in BTC is dumb. Why hold BTC if LTC will appreciate faster.
I say that LTC will appreciate faster in the short-term because of MtGox adopting.
Then LTC will grow 1:1 with BTC (the price will correlate 1:10).
So, I think that a good investment is both BTC and LTC.
June 23, 2013, 01:43:50 PM
And bitcoin will be 700$?
If Bitcoin is $700, Litecoin will be $80-90
Because aliens.
Don't forget that BTC has a blockchain limit for number of transactions to operate.
LTC will be useful for small transactions to unload BTC. So, BTC+LTC will be a very stable payment system in the future.
So what should be stopping me from buying fully into LTC and forgetting about BTC? You obviously believe that if bitcoin appreciates 7 times, LTC will appreciate 40 times.
LTC will appreciate 5 times after Gox starting work with it, and then will corellate with BTC.
Don't forget about BTC
The real future is BTC+LTC.From investment point of view, by your beliefs staying in BTC is dumb. Why hold BTC if LTC will appreciate faster.
June 23, 2013, 01:41:36 PM
And bitcoin will be 700$?
If Bitcoin is $700, Litecoin will be $80-90
Because aliens.
Don't forget that BTC has a blockchain limit for number of transactions to operate.
LTC will be useful for small transactions to unload BTC. So, BTC+LTC will be a very stable payment system in the future.
So what should be stopping me from buying fully into LTC and forgetting about BTC? You obviously believe that if bitcoin appreciates 7 times, LTC will appreciate 40 times.
LTC will appreciate 5 times after Gox starting work with it, and then will corellate with BTC.
Don't forget about BTC
The real future is BTC+LTC.Jump to: