What is causing the sudden rise in litecoin?
It's trying to settle itself as the silver of bitcoin's gold. Since it has solved the scalability issues bitcoin is now facing since its inception, the expectation is in the future people will use bitcoin only for big transactions and storing value, and litecoin for paying coffee.
Litecoin and Ethereum buys and sells are temporarily disabled
191–200 of 566 posts
Re: Litecoin and Ethereum buys and sells are temporarily disabled
#192This thread's audience is obviously a 'developed nations' one. From our perspective yes, Crytpo's use case as currency make absolutely no sense (yet), we tap our Visa card to pay instantly with no fees and no fraud liability, hard to beat. As a store of value however there is a very strong use case in the western world. Of the top my head, it is estimated that 10% of our GDP is in off shore havens, think about that i…
It'll be an interesting test case for the value cryptocurrencies can provide in third world countries.
Re: Litecoin and Ethereum buys and sells are temporarily disabled
#193Earlier quoted context omitted.
Totally Kenya's mobile payment system evolution from SMSing minute refill codes, to an actual legally recognized form of payment is the original Blockchain in my mind :) But that is exactly my point, in that market , there is demand and need for innovation that means crypto (while inflated right now) is here to stay. People who call Bitcoin a 'Ponzi scheme' , type of plant or apply whatever reduction on a very comple…
> People who call Bitcoin a 'Ponzi scheme' , type of plant or apply whatever reduction on a very complex and innovative product are just mind boggling to me. You are mind-boggled because you have created a strawman; a caricature of what the "bitcoin non-believer" looks like. Your mind would be less boggled if you accepted that there are valid points on both sides in this case. People who question bitcoin's current va…
Not at the one's who are raising very valid red flags on valuation and how hot the market is becoming. In my personal opinion it is absolutely 'bubble' like behavior right now.
And i believe we both echo the same sentiment.
Re: Litecoin and Ethereum buys and sells are temporarily disabled
#194Re: Litecoin and Ethereum buys and sells are temporarily disabled
#195Earlier quoted context omitted.
No fees? Visa and MasterCard are making off like bandits as we move from cash to card.
haha, depends on the card you agree to sign off to :)
Re: Litecoin and Ethereum buys and sells are temporarily disabled
#196Coinbase is a joke of a service. They're telling me it will take 8 days to buy a Litecoin. Is this for real?
You still get your coins at the price you paid.
Re: Litecoin and Ethereum buys and sells are temporarily disabled
#197Coinbase is a joke of a service. They're telling me it will take 8 days to buy a Litecoin. Is this for real?
Re: Litecoin and Ethereum buys and sells are temporarily disabled
#198Coinbase is a joke of a service. They're telling me it will take 8 days to buy a Litecoin. Is this for real?
Re: Litecoin and Ethereum buys and sells are temporarily disabled
#199Earlier quoted context omitted.
No fees? Visa and MasterCard are making off like bandits as we move from cash to card.
haha, depends on the card you agree to sign off to :)
Re: Litecoin and Ethereum buys and sells are temporarily disabled
#200Earlier quoted context omitted.
I should start a business selling thin air. Thin air from France, thin air from Japan, thin air from Mexico, and so on, you can collect them all, it is super fun. Then I could introduce cold captured thin air, warm captured thin air, etc. Wet thin air, dry thin air for year 3. More fun every year. Even better, I should sell just a paper (well, an electronic one) stating you own some thin air. Hey, geeks, how cool can…
A few years ago, Cards Against Humanity ran a Black Friday campaign where you send them $5 and get absolutely nothing in return. https://cardsagainsthumanity.com/blackfriday/