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How Does Blockchain Technology Work? A big problem is that future of the litecoin in this community is already focusing around bitcoin. Eventually, it built up Last Updated 2014 12, 1: All my hopes rest range a boost in LTC.
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Yes,it can't be said exactly but it will likely continue to grow up. These features are all conducive for dogecoin to emerge as the frontrunner in facilitating retail transactions. When Satoshi Nakamoto created the currency, he designed it to mimic the scarcity of gold. Do you really think anyone is actually going to think? Litecoin's Origins Mon, 11 Dec It is not surprising that Litecoin has garnered this much attention. Why Use a Blockchain?
Thank you in the comments Best regards range Brazil. Thank you litecoin your interest in our franchise program. At that point, perhaps we will see a winner-takes-all dynamic emerge among the various cryptocurrencies. What is a Distributed Ledger? Hottest Bitcoin News Daily 2014 updates and exclusive offers, enter your future below.
What was the price 7 days later? So why is Litecoin valuable today? Here's what I think justifies Litecoin's maketcap and why it will stay 2 behind Bitcoin for the foreseeable future: Litecoin's trade volume dwarfs most other coins.
Litecoin is supported by a huge number of exchanges. No other altcoin comes close. Like the comparison or not, Litecoin is silver to Bitcoin's gold. Having a cryptocurrency trading pair is important for arbitrage reasons.
Litecoin is playing that role today. It's hard for another coin to take over that role. Litecoin is supported by payment processors like GoCoin and, if I can help it, Coinbase. Payment processors are critical in the path towards mass adoption. Litecoin is accepted by a huge amount of merchants. Litecoin is protected by its own network of hardware dedicated to Scrypt mine.
And Litecoin's hashrate dwarfs that of other Scrypt coins. Litecoin runs on well tested codebase. Because it is basically Bitcoin with a few changes. We have a great dev team and an awesome Litecoin association. The fact that it doesnt put up barriers to entry etc. Thats what you get with reddit, everyone is a some sort of know it all. My gut feeling is that it's just the usual lag. I think the price should not be used to LTC pricing, but the application, development and security of the network.
A big problem is that most of the talent in this community is already focusing around bitcoin. I prefer to focus on the total market cap, daily trading volume, hash rate, price, and current difficulty but hey, if you think reddit makes a coin successful keep thinking that. Is the question that was sarcastically answered.
Really depends on the coin. News drives all prices in the current market. But no matter how much goodwill doge has it hasn't pulled it out of its longterm slump. You don't have to tell me. I'm holding k for a rainy day. Probably switch it to ltc when I can be bothered. Honestly, why are you wasting your time trolling on every single post on this sub?
Do you really think anyone is actually going to think? Oh, bur1x says litecoin has no future, I better just sell everything now! Use of this site constitutes acceptance of our User Agreement and Privacy Policy. Log in or sign up in seconds. Submit a new text post. Litecoin Foundation Store All proceeds go to the dev's! A cheaper alternative to support the LTC network. Spend Litecoin The Math: Contact the mods Merchants are welcome to advertise new services, or the acceptance of Litecoin on their service.
So I really don't know what will happen in the future. Looking at today's market we can see the ratio between Bitcoin and Litecoin, it is somewhere between 1: I'm fairly new to this whole scene, but not unfamiliar with more traditional currency markets. With crypto currencies it's highly speculative to predict what heights or lows they will fluctuate between.
Although Bitcoin and Litecoin are well established as far as crypto currencies go the whole sphere is in its infancy and subject to all manner of external influences e. All things remaining equal, then yes Litecoin appears to track Bitcoin in its movements - but the 4: Who knows what will happen tomorrow or in the next month - e.
Only someone running a pump and dump would stick their neck out and give you an answer of "yes, go long on X-coin, you can't fail to get super rich on the back of X-coin" - I hope there isn't actually an "X" coin, it's just meant as a catch all in that context! This is a good and informative primer on these forums for trading: Someone's even sending a bitcoin node to outer space!
Ancient Money for a New World. Slack Chat Gitter Chat. Hero Member Offline Activity: Its demand that dictates the price of any coins , not the number of them. There are coins which are more scarce than bitcoin and nobody gives a damn about their price. Bitcoin Exchange Reviews Collection signature leasing for 0. I think, in but not in december LTC will make a new record and grow to 0. Well,we cannot say that the ltc price will surely follow the btc one. There may be kind of a link between them,however this doesn't certainly mean that this will go as a matter for the price.
But it either way can increase its value. As a naturally cautious man my foray into LTC is a grave breach of character for some reason. I am sure that there is a logical fallacy somewhere but now I'm a few thousand dollars in gpus and still haven't built it yet.