Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
revans
on 27/11/2013, 03:31:21 UTC
LTC is the largest threat to crypto. If it wins, everyone loses.  Not even jokin' mang. It needs to crash. Not I want but we need.

If you want to see how irrational people who claim to be "rational" can be, just find yourself a litecoin user. They gain no benefit from using litecoin except providing some funding to BTC-E in ways of fees and give the public and investors a reason to be skeptical.
It used to me that we could laugh off queries about why someone couldn't just make up a new coin that would make theirs worth less. We'd laugh and say "because people aren't so stupid as to actively ruin their own investments!" Our laughter is a lot more nervous now. Turns out people are so stupid.
The only possible goal of litecoin is to make all cryptocurrency worth nothing in the long term.


Hey man, it's a free market remember. Surely you support competition, competing currencies give more choice, and we all know how you libertarian types like choice. Why can't Litecoin users, or the users of the 5000 cryptocurrencies there will probably be in a few years, be allowed to magic value from thin air just like Bitcoin users?