Litecoin at $390 - up almost 5000%

jllundqu

jllundqu

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Joined
May 24, 2011
Messages
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I put more money into Litecoin than into my Bitcoin Wallet for two reasons...

1: Litecoin is faster - It takes 2.5 minutes to create a block versus Bitcoins 10 minutes
2: Litecoin is better tech - this is a bit more complicated, but I believe it to be more decentralized and has faster transaction speeds.

I've been saying it on these forums for months, I am long LTC.

Made me lots of money this morning. :)

Oh yeah, for all the haters, Bitcoin is up to $17,061
 
jllundqu said:
I put more money into Litecoin than into my Bitcoin Wallet for two reasons...

1: Litecoin is faster - It takes 2.5 minutes to create a block versus Bitcoins 10 minutes
2: Litecoin is better tech - this is a bit more complicated, but I believe it to be more decentralized and has faster transaction speeds.

I've been saying it on these forums for months, I am long LTC.

Made me lots of money this morning. :)

Oh yeah, for all the haters, Bitcoin is up to $17,061
Click to expand...


yeah I tripled my LTC a week or so ago just cuz so many people were pumping it, I had been buying ETH primarily as I find it more intriguing, but Litecoin is definitely better for BTC as far as usefulness imho. When it gets to 1/4 BTC I'll be getting out of it though.
 
I've noticed a trend over time that the "best" technology generally loses out to the cheaper or better marketed technology.

Not sure how this applies to crypto, other than bitcoin is obviously the most popular right now.
 
Coinbase is down right now, too. People trying to sell LTC can't because of traffic....

man they need to work this stuff out. I'd be pissed if I were trying to sell.
 
jllundqu said:
Coinbase is down right now, too. People trying to sell LTC can't because of traffic....

man they need to work this stuff out. I'd be pissed if I were trying to sell.
Click to expand...

How many merchants accept LTC vs. bitcoin?
 
Brian4Liberty said:
How many merchants accept LTC vs. bitcoin?
Click to expand...

dunno, how many merchants accept bitcoin vs. visa?

Have you ever done any implementations to accept bitcoin as a merchant? In its current state it is inefficient and frustrating
If LTC gets more attention I would think it will even out fairly quickly.
 
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jllundqu said:
I put more money into Litecoin than into my Bitcoin Wallet for two reasons...

1: Litecoin is faster - It takes 2.5 minutes to create a block versus Bitcoins 10 minutes
2: Litecoin is better tech - this is a bit more complicated, but I believe it to be more decentralized and has faster transaction speeds.

I've been saying it on these forums for months, I am long LTC.

Made me lots of money this morning. :)

Oh yeah, for all the haters, Bitcoin is up to $17,061
Click to expand...

How is it better tech? The block rate, isn't tech. It's just a an interval caused by a simple change of a couple variables in the bitcoin codebase litecoin was created from.

I'm unaware of any litecoin specific tech.

I'm not saying litecoin is bad, just unaware of any special tech in it.
 
The Old Russian BTC-e exchange Got shut down by the FEDS(US and Russian) ----> with all my lite coins -- I doubt I ll ever get them back. :(( The new exchange that they opened up under WEX.nz only Answers my support ticket after two weeks,but they do it with nonsensical blather. Then I repeat my issue...ad infinitum...
 
Ripple is way up today also. As a comparison when it comes to technology, excuse the large graphic.

DQ3ma5xVoAAY8jd.png:large


Combine that with bank's and card issuers like Amex adopting the Ripple tech I would expect a surge. Japan and South Korea banks are testing the tech this week. If all goes well they will adopt Ripple this spring.
 
kahless said:
Ripple is way up today also. As a comparison when it comes to technology, excuse the large graphic.


Combine that with bank's and card issuers like Amex adopting the Ripple tech I would expect a surge. Japan and South Korea banks are testing the tech this week. If all goes well they will adopt Ripple this spring.
Click to expand...

A centralized solution for an oligarchy of credit card companies. Sounds Great to me.
 
Man, if only someone on this forum had said something 1-2 weeks ago to buy LTC.
 
Before LTC blew up, traded it for an altcoin and the altcoin only doubled instead of triple with LTC

depressed-woman-400x400.jpg
 
RonPaulIsGreat said:
A centralized solution for an oligarchy of credit card companies. Sounds Great to me.
Click to expand...

Maybe when they first started out they did not have enough validators and Bitcoin fans used to rail on that as being centralized besides the company mining a little over half of the currency. But all the crypto's started out without validators until adoption picked up. Currently financial institutions and people can and do operate validators in the Ripple network, and could stop trusting Ripple's validators as necessary, and just trust each other's validators. The XRP on the network is not controlled by anyone. Anyone can issue assets on Ripple.

As with anything investors and financial institutions are going to look at who has the best tech. Bitcoin as shown in the graphic is at a disadvantage to other cryptocurrencies. This is why I believe LTC is taking off since investors are seeing that and looking elsewhere. I am pointing out Ripple since it is usually in the topic 3-5 in cryptocurrencies with LTC and in 2017 has the superior tech for greater adoption.
 
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TruckinMike said:
The Old Russian BTC-e exchange Got shut down by the FEDS(US and Russian) ----> with all my lite coins -- I doubt I ll ever get them back. :(( The new exchange that they opened up under WEX.nz only Answers my support ticket after two weeks,but they do it with nonsensical blather. Then I repeat my issue...ad infinitum...
Click to expand...

Your coins are gone?? No tokens either? You sure? I had all my coins in Wex when I logged back in and some tokens..
 
crypto noobs pumping their coins.

LTC has exactly the same tech as Bitcoin. It is a pure clone with a few parameters changed.

:rolleyes:
 
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