You think bitcoin is doomed because of a block size increase? Lol
Yup, the slow march to centerlization and the birth of Centralbankcoin.
Topic: Why LTC boom? - page 2. (Read 1951 times)
Yup, the slow march to centerlization and the birth of Centralbankcoin.
You think bitcoin is doomed because of a block size increase? Lol
Odds are BTC forks to it's doom thus alts are getting attention.
The idea that blockchain can be 100 000 gigs in size and everything will be fine is a pipe dream.
If we fork to XT expect MASSIVE booms in altcoins. Perhaps POS(PPC) will be the way to go.
The idea that blockchain can be 100 000 gigs in size and everything will be fine is a pipe dream.
If we fork to XT expect MASSIVE booms in altcoins. Perhaps POS(PPC) will be the way to go.
It's no just ltc, its nvc, nmc, and ppc also. Basically, there's an obvious pump going on, and while people are uncertain will it remain high, they will keep buying,
but after a while, when price remains at these higher levels, and people get comfortable with that price enough to buy - that's exactly the moment they will cash out.
Judging by previous such acts, the price should remain high for quite some time, but i'm not buying into those sh*tcoins, no way.
cheers
but after a while, when price remains at these higher levels, and people get comfortable with that price enough to buy - that's exactly the moment they will cash out.
Judging by previous such acts, the price should remain high for quite some time, but i'm not buying into those sh*tcoins, no way.
cheers
It takes way less money to move litecoin price. This is a negative. Because you could lose 20% in the blink of a eye too.
Because China have ASIC and they want money, they pump ltc and they earn money.
(And LTC walls are smaller)
(And LTC walls are smaller)
The next bubble will be the bubble of altcoins. Those, who know what they're doing, have already positioned themselves under select altcoins.
The excitement and crazy gains will be in the alts. Bitcoin will slowly implode on the weight of it's wasteful mining network. Speculators will stay away from bitcoin for the same reason - the mining network just siphons too much speculator money from the market. Some corporate fools will try to keep the bitcoin hype going, but nobody will eventually care. Money has moved into the bitcoin market mainly because of speculation, and the odds are currently very bad for everyone, because it's not even a zero-sum-game anymore, it's a game where the speculators have to feed large mining farms whose contributions are marginal in return.
The excitement and crazy gains will be in the alts. Bitcoin will slowly implode on the weight of it's wasteful mining network. Speculators will stay away from bitcoin for the same reason - the mining network just siphons too much speculator money from the market. Some corporate fools will try to keep the bitcoin hype going, but nobody will eventually care. Money has moved into the bitcoin market mainly because of speculation, and the odds are currently very bad for everyone, because it's not even a zero-sum-game anymore, it's a game where the speculators have to feed large mining farms whose contributions are marginal in return.
Bitcoin has seen a small rise in price. This has made the altcoin market optimistic and Litecoin is one of the leading altcoins. It just stands to reason that Litecoin would see a rally.
speculation shape.
wait purge ...
wait purge ...
Much smaller market and therefore easier to move the price when there's demand.
Why not bitcoin?
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