Do you use these currency for investment or short-term holdings before exchanging for another coin?
Roosh
http://www.rooshv.com
Quote: (11-17-2017 03:21 PM)jamaicabound Wrote:
I think anytime we look at a "currency coin" ie something that competes with Bitcoin, if it doesn't have a couple things it's not worth looking at. We have Bitcoin, it's known, if something is going to compete with Bitcoin it has to have...
1. Fast transactions.
2. Cheap transactions
3. Privacy
Any coin lacking those elements is kinda pointless as we already have Bitcoin. I'm a huge fan of NavCoin their biggest mission is making crypto easy for noobs to use and I think that's the most important part to mass adoption. They also have cleared transactions that you can spend in 30 seconds, cheap transactions and privacy in many ways better than Monero and Dash and others.
Quote: (11-19-2017 09:25 PM)NewDayNewFace Wrote:
I own a bunch of Litecoin. I like Litecoin because of the following reasons.
1. It's transaction times are very quick. This would be good if I actually wanted to purchase things using Litecoin which I think will be possible in a couple years.
2. There are going to be 4x the token supply compared to Bitcoin. So in my perfect world Litecoin would be 1/4 the amount of Bitcoin.
3. When new users come into the crypto game they are going to use their coinbase app and purchase crypto for the first time. As a noob will you buy a 8k coin first, or a $350 coin first, or a $70 coin first?
4. I like Charlie Lee. He is a very smart guy and I think he is a good leader for Litecoin.
I believe Litecoin will hit triple figures by January. I think its a good investment. I purchase Litecoin almost every week.
Quote: (11-19-2017 09:25 PM)NewDayNewFace Wrote:
...
3. When new users come into the crypto game they are going to use their coinbase app and purchase crypto for the first time. As a noob will you buy a 8k coin first, or a $350 coin first, or a $70 coin first?...