Post
Topic
Board Altcoin Discussion
Re: Why is Litecoin so cheap?
by
El Dude
on 09/05/2014, 05:01:50 UTC
TLDR

Litecoin provides no significant advantage over BTC now that scrypt ASIC's are in the wild.

If your not BTC or a POS coin then you will have trouble.



I wouldn't never invest in a POS coin , why would I spend my coins if I could stake them and get more? , POS encourages hording IMO and also gives the rich more coins for doing nothing.There's a reason why Peercoin won't ever be number 2 and it's 24 hour volume is $129,675 compared to litecoin's  $2,105,900