Quote from: AnonyMint on August 18, 2014, 08:08:19 PM

Quote from: smooth on August 18, 2014, 08:06:01 PM

Quote from: AnonyMint on August 18, 2014, 08:02:32 PM

Quote from: smooth on August 18, 2014, 07:32:45 PM

Quote from: SlipperySlope on August 18, 2014, 07:30:14 PM

These litecoin prices have fallen to approximately twice the pre-bubble valuation and thus are very tempting, insofar as the analogy to the great bitcoin bubble holds . . .

Unlike BTC, there is no reason to expect increasing LTC adoption.

Who that isn't deluded is investing for BTC for adoption? I only see investor pumps in crypto-currency to-date.

There is definitely increased BTC adoption going on. There is real growth in retail acceptance and some other categories such as travel, and some real startups doing interesting things and building out meaningful capabilities that didn't exist before such as remittances, retail, new investment vehicles coming soon, etc. Whether that is a reason to buy BTC speculatively is a question only an investor can decide. Either way though, it is a clear difference from LTC, which has no movement on adoption at all, never really did, and it doesn't look like it ever will.

Okay but two counter thoughts:

1. Comparison of those adoptions by relative market cap.

2. Do those anecdotal "adoptions" have anything to do with the price?

Peter R showed market cap was correlated with some proxy for transactions squared.

1. I think all of those visible adoption areas are quite plausibly incremental to current market cap which at $6 billion is quite tiny relative to payment flows in just about any real business (not that this means it will necessarily happen, only plausible).

2. I think all of those visible adoption areas are quite plausibly incremental to transaction volume, so if you believe the transactions-squared price relationship is likely to persist (I'm not sure), you should expect these quite possibly increase price.

By comparison LTC has absolutely nothing going on that is going to increase adoption or transactions. In fact they are more likely to decrease.

Specifically compare:

BTC transactions since January (steady if not up): https://blockchain.info/charts/n-transactions

LTC transactions since January (dramatically down): http://bitinfocharts.com/comparison/transactions-ltc.html