Post
Topic
Board Altcoin Discussion
Re: Litecoin Is NOT Dead (It Is Just Dying A Slow Death)
by
poornamelessme
on 23/06/2014, 20:56:52 UTC
I love how people say Litecoin has a "lack of innovation" and then in the same breath would hail Bitcoin for its innovation.


I'm not entirely sure people are saying that. Bitcoin has its spot due to being first... if it came out today, I expect it'd get passed over for a lack of innovation.

As for widespread adoption, again, multi coin processors probably will handle that in the end. Which means it's a level playing field for all popular coins. And if we all had to be perfectly honest here, one of the reasons btc rose like it did was due to somewhat shady transactions, so I wouldn't rule out anon coins based on that fact alone.

As for the idea that ltc is safer than btc, due to the risk of a dump -- I'd argue that if btc crashes due to Satoshi dumping, that he takes everyone with him. That means ltc, alts, crypto in general. If btc dies, ltc and friends go too. Consumer confidence in cryptos would be gone forever.