Re: Will Darkcoin take second place over Litecoin next bubble?
^ I don't know man, you might be quite upset with yourself with thinking a cheap item is now "worthless" just because its price is back down. That's kind of what people want you to think, so they can buy cheaper than you, and you'll only realize "the value is still there" after it goes $5-10+ again and you miss the wagon. 
. I see this as opportunity. I know for a fact LTC isn't dead lol. If Bitcoin takes off, and starts rising over 1000 again, Litecoin will NOT stay at 3-2 dollars each. That's like saying silver is dead because it hasn't reached $50 dollars since the 70s.
Just the fact that people are spending thousands to get themselves a "Powerful, Super duper LTC Mining Box" tells me that LTC is still worth the 3 dollars to mine it, possibly even at a loss due to bullish miners holding their coins (probably as they have no other options at this point lol).
You can take $1,000 and buy 3.3 BTC - If prices reach old peak of 1200 (without margin trading) would yield $2,960 Profit total. If you took that same $1,000 and purchased 285.7 LTC @ 3.5 each and held till a peak of 45 (which isn't even the full $50 peak of last bubble) would of yielded $11,857 Profit.
LTC has much more potential profit and it would not be wise to ONLY buy BTC for that reason. I'm a gambling man, I'm willing to bet that LTC follows BTC next bubble. There is just no way with all the ASIC's coming out and all the hype around Charlie and Litecoin for them to just sit there while bitcoin sores to $1,000. That just doesn't seem plausible. Even right now as we bounce at 300, LTC is looking for a reason to jump $1.
Interesting reads on DRK - Thank you for posting. I was thinking that DRK might follow suit as well because its a few dollars per coin now. I noticed it is basically prices right under LTC so that is why I asked the question will DRK take over LTC next bubble? I figured we might actually see it due to innovation and people getting excited. I wanted to know if I should put some into DRK as well as LTC
Have a nice night guys great posts
. I see this as opportunity. I know for a fact LTC isn't dead lol. If Bitcoin takes off, and starts rising over 1000 again, Litecoin will NOT stay at 3-2 dollars each. That's like saying silver is dead because it hasn't reached $50 dollars since the 70s. Just the fact that people are spending thousands to get themselves a "Powerful, Super duper LTC Mining Box" tells me that LTC is still worth the 3 dollars to mine it, possibly even at a loss due to bullish miners holding their coins (probably as they have no other options at this point lol).
You can take $1,000 and buy 3.3 BTC - If prices reach old peak of 1200 (without margin trading) would yield $2,960 Profit total. If you took that same $1,000 and purchased 285.7 LTC @ 3.5 each and held till a peak of 45 (which isn't even the full $50 peak of last bubble) would of yielded $11,857 Profit.
LTC has much more potential profit and it would not be wise to ONLY buy BTC for that reason. I'm a gambling man, I'm willing to bet that LTC follows BTC next bubble. There is just no way with all the ASIC's coming out and all the hype around Charlie and Litecoin for them to just sit there while bitcoin sores to $1,000. That just doesn't seem plausible. Even right now as we bounce at 300, LTC is looking for a reason to jump $1.
Interesting reads on DRK - Thank you for posting. I was thinking that DRK might follow suit as well because its a few dollars per coin now. I noticed it is basically prices right under LTC so that is why I asked the question will DRK take over LTC next bubble? I figured we might actually see it due to innovation and people getting excited. I wanted to know if I should put some into DRK as well as LTC
Have a nice night guys great posts