/biz/ - Business & Finance

[Anonymous No.2054041]

If Bitcoin works out the scalability issues in a similar fashion to Litecoin will we see a dramatic move from LTC back to BTC??

Or will the differences between the coins still be great enough to facilitate their co-adoption as top crypto players.

If BTC and LTC become very similar in the functionality I see no reason retailers would adopt both. What is the reason to have both is BTC solves it's issues?

I'm spread pretty even between BTC ETH and LTC at the moment. I'm holding for the most part.

Should i dump the LTC after the segwit pump this week?

[Anonymous No.2054068]

Will BTC ever be a good platform for buying coffee is the general question.

If yes then why would LTC be useful anymore, if no, then I see them both being adopted and used.

[Anonymous No.2054256]

Bump for answer

[Anonymous No.2054332]

Smaller units which are easier for the average person to deal with, using two networks reduces transaction time for Bitcoin, litecoin has also proven to be a much more stable currency than bitcoin historically.

Bitcoin is like virtual gold, a safe store of value for people in unstable countries or for people who do lots of dealings in crypto. Litecoin is like the crypto equivalent of Fiat. Both will have a future imo

[Anonymous No.2054406]

>>2054068
>Will bitcoin Hardfork, soft fork or nothing? That is what you're asking here.

Currently BTC is not useful for buying "coffee" due to the limited size of transaction blocks. Although increasing the size of BTC transaction blocks casts further uncertainty on BTC by moving in the direction of lessor decentralization.

Developers are spit;
>Do we keep current block size, and keep BTC's principles of a decentralized currency.

>Increase block size and allow BTC to grow with demand, but move towards a more decentralized network.

[Anonymous No.2054444]

>>2054406
Its already pretty centralized due to asics a d a few mining pools controlling everything

True decentralized currency will be an asic resistance pool resistant algo

[Anonymous No.2054456]

>>2054444
Exactly why increasing block size is a further move against de-centralization, undermining BTC's core objective and then possibly value?

Currently I think BTC is treated more like a bank bond than a competitor to fiat. And I think it should stay that way, rather than me the nu way to buy your mikky d's.

I think some other form of block-chain currency should take the role of more day to day handling. Although not sure on what currency, maybe it has yet to even be released.

[Anonymous No.2054668]

>>2054444
>True decentralized currency will be an asic resistance pool resistant algo
BTC can change POW algo

[Anonymous No.2054676]

>>2054041
>if Bitcoin ever works out the scalability issues
ha. haha. HA. HAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAH
*breathes in*
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

BTC is SHIT!
they will never be worth a fucking damn. FUCK FIRST MOVERS.

[Anonymous No.2054681]

>>2054041

There is literally no progress being made with regards for BTC scaling, I will 100% hodl LTC until BTC sorts its shit out