Pages:
Author

Topic: Will Bitcoin end up just like Litecoin? - page 2. (Read 4976 times)

sr. member
Activity: 476
Merit: 501
August 28, 2014, 07:47:45 AM
#53
Bitcoin has market acceptance that Litecoin has not.

So it just won't happen
sr. member
Activity: 266
Merit: 250
August 28, 2014, 07:46:30 AM
#52
It is the digital/crypto-currency and therefore will prevail.


Imagine living at the end of the 19th century:
"Horses are the mode of transportation, and therefore will prevail. Just ignore those fancy automobiles! They can't challenge horses as a means of transportation!"



Only if you are stupid
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
August 28, 2014, 12:44:27 AM
#51
I thought the main function of Litecoin was to extend the mining feasibility of GPU miners after the advent on FPGAs and ASICs for SHA-256 hashing.

With the advent of Scrypt ASICs, that advantage has been lost. The torch has been passed to multi-crypto-algorithm coins.
sr. member
Activity: 476
Merit: 250
August 27, 2014, 11:03:00 PM
#50
It is the digital/crypto-currency and therefore will prevail.


Imagine living at the end of the 19th century:
"Horses are the mode of transportation, and therefore will prevail. Just ignore those fancy automobiles! They can't challenge horses as a means of transportation!"

legendary
Activity: 2212
Merit: 1008
August 27, 2014, 09:22:10 PM
#49
actually ltc is performing better than btc at the moment.  if btc was keeping up with ltc it would be at $550 instead of $508. 
how do you work that one out? a few months ago 30 ltc would get you 1 btc

thats where you went wrong. youre talking a few months ago, im talking today. what would you rather have - 100,000 ltc and ltc goes to $6 or 1000 btc and btc goes to $520 if youre lucky?
legendary
Activity: 1176
Merit: 1010
Borsche
August 27, 2014, 01:59:46 PM
#48
it's just a balancerrr.... in one side there is a man and the other side there is a womannnn...

no, correct comparison would be - one side there is a man and the other side there's a piece of gum stuck to his shoe.
member
Activity: 114
Merit: 100
August 27, 2014, 01:00:30 PM
#47
hmmm, litecoinnn is just like a second coinnn of cryptocoinnn...
it's just a balancerrr.... in one side there is a man and the other side there is a womannnn...
so just like that.... Smiley

hehehehe
legendary
Activity: 1159
Merit: 1001
August 27, 2014, 12:46:46 PM
#46
Litecoin potentially has a short cover rally coming due to all the short interest.  

That's the only thing it has going for it.

Gramps used to say, don't try catching a falling knife.

sr. member
Activity: 266
Merit: 250
August 27, 2014, 12:32:42 PM
#45
The two aren't comparable. Bitcoin has earned its success through innovation, fundamentals, infrastructure all that. Litecoin has none of that and was just the 'me too, me too' coin riding Bitcoins coattails.  Litecoin always was a ripoff shitcoin that had zero innovation. It got the attention it did because of good marketing 'silver to bitcoins gold' and timing in particular with the last bubble. I personally hope it dies the death it deserves as people flock to truly innovative altcoin whatever that might be.

Wow you sound pretty butthurt. People like you were spewing the same BS back in 2011 when LTC launched, then 2012, and then 2013...

Now we are in 2014...no difference. lol Roll Eyes

Butthurt? No I’m not butthurt for evaluating litecoin when it first appears and simply putting more money into bitcoin. I was one of those people in 2011, then 2012, and then 2013... and now here in 2014. It has zero innovation, that can't be argued. Litecoin made some people good money, in some cases huge money, maybe it will make more people even more money. Good for them, they saw that opportunity from the marketing. Even I thought it was great marketing and could lead to a ‘me too’ coat tails chase. But the lack of innovation, the carbon copying of bitcoin, killed any interest on my part. The fundamentals were never there and still aren’t.

I have a keen interest in the innovative alts, but I don't like seeing garbage succeed.

Litecoin is, from a technical point of view, better than Bitcoin. Faster transaction confirmation for example. But how cryptocurrencies work is the one with the first mover advantage will always be most valuable, because that's just how cryptocurrencies work. When you mine any coin for that matter, it's always easier and more to mine early than it is late
newbie
Activity: 56
Merit: 0
August 27, 2014, 10:50:26 AM
#44
Dumb comparasion because Bitcoin is the king and Litecoin is a poor mans Bitcoin.
full member
Activity: 238
Merit: 100
We must become the pitiless censors of ourselves.
August 27, 2014, 10:42:58 AM
#43
I really don't see bitcoin ending up like litecoin, and you have pre-determined an outcome that is not yet here--ie death of litecoin.
legendary
Activity: 840
Merit: 1000
August 27, 2014, 10:39:33 AM
#42
The two aren't comparable. Bitcoin has earned its success through innovation, fundamentals, infrastructure all that. Litecoin has none of that and was just the 'me too, me too' coin riding Bitcoins coattails.  Litecoin always was a ripoff shitcoin that had zero innovation. It got the attention it did because of good marketing 'silver to bitcoins gold' and timing in particular with the last bubble. I personally hope it dies the death it deserves as people flock to truly innovative altcoin whatever that might be.

Wow you sound pretty butthurt. People like you were spewing the same BS back in 2011 when LTC launched, then 2012, and then 2013...

Now we are in 2014...no difference. lol Roll Eyes

Butthurt? No I’m not butthurt for evaluating litecoin when it first appears and simply putting more money into bitcoin. I was one of those people in 2011, then 2012, and then 2013... and now here in 2014. It has zero innovation, that can't be argued. Litecoin made some people good money, in some cases huge money, maybe it will make more people even more money. Good for them, they saw that opportunity from the marketing. Even I thought it was great marketing and could lead to a ‘me too’ coat tails chase. But the lack of innovation, the carbon copying of bitcoin, killed any interest on my part. The fundamentals were never there and still aren’t.

I have a keen interest in the innovative alts, but I don't like seeing garbage succeed.
hero member
Activity: 588
Merit: 500
August 27, 2014, 06:24:30 AM
#41
LTC 100$ - soonish! Cheesy When that 1 week Macd is about to turn greenish all hell will break loose.

First, we need more people declaring it dead. Buy when others are fearful. It seems we are on our way just fine.

I wouldn't be surprised if LTC shot up to $30 or so actually. It just needs a little more interest, then boom.

Silver didn't crash after 3 years, did it?

Darkcoin, the next one that would probably shoot up to $30. Smiley

Darkcoin just dropped close to 10% again today. The coin is a goner.
All alts have very little value and offer more or less nothing new in terms of features or security or privacy that bitcoin cannot already offer. We will likely see several speculative bubbles in many altcoins but they will all eventually fail.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
August 27, 2014, 04:40:49 AM
#40
Litecoin is a goner too, all the manufacturer mining it and dumping it on market.

Agree. But your conclusion should be opposite. Fixed it.
member
Activity: 100
Merit: 10
August 27, 2014, 04:31:09 AM
#39
Litecoin is a goner too, all the manufacturer mining it and dumping it on market.
hero member
Activity: 504
Merit: 500
Moderator
August 27, 2014, 04:28:23 AM
#38
LTC 100$ - soonish! Cheesy When that 1 week Macd is about to turn greenish all hell will break loose.

First, we need more people declaring it dead. Buy when others are fearful. It seems we are on our way just fine.

Conclusion: hold on LTC by dear god and sell at $49 after 2 years.

Found this post of yours from March 2013, you were almost spot on with the price, it just happened a year earlier than expected, not bad. So where do you eyxpect the next top 100-200$?  Cheesy
full member
Activity: 176
Merit: 100
August 27, 2014, 04:20:45 AM
#37
LTC 100$ - soonish! Cheesy When that 1 week Macd is about to turn greenish all hell will break loose.

First, we need more people declaring it dead. Buy when others are fearful. It seems we are on our way just fine.

I wouldn't be surprised if LTC shot up to $30 or so actually. It just needs a little more interest, then boom.

Silver didn't crash after 3 years, did it?

Darkcoin, the next one that would probably shoot up to $30. Smiley

Darkcoin just dropped close to 10% again today. The coin is a goner.
member
Activity: 100
Merit: 10
August 27, 2014, 04:16:50 AM
#36
LTC 100$ - soonish! Cheesy When that 1 week Macd is about to turn greenish all hell will break loose.

First, we need more people declaring it dead. Buy when others are fearful. It seems we are on our way just fine.

I wouldn't be surprised if LTC shot up to $30 or so actually. It just needs a little more interest, then boom.

Silver didn't crash after 3 years, did it?

Darkcoin, the next one that would probably shoot up to $30. Smiley
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 27, 2014, 01:09:23 AM
#35
The two aren't comparable. Bitcoin has earned its success through innovation, fundamentals, infrastructure all that. Litecoin has none of that and was just the 'me too, me too' coin riding Bitcoins coattails.  Litecoin always was a ripoff shitcoin that had zero innovation. It got the attention it did because of good marketing 'silver to bitcoins gold' and timing in particular with the last bubble. I personally hope it dies the death it deserves as people flock to truly innovative altcoin whatever that might be.

Wow you sound pretty butthurt. People like you were spewing the same BS back in 2011 when LTC launched, then 2012, and then 2013...

Now we are in 2014...no difference. lol Roll Eyes
full member
Activity: 140
Merit: 100
August 27, 2014, 12:20:54 AM
#34
BTC wont end up just like LTC wont end up.

In time u will see wasn't the something similar last year and then boom
Pages:
Jump to: