Author Topic: Proof of Stake Coins are a threat to LTC!  (Read 1241 times)

StickyKind

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Proof of Stake Coins are a threat to LTC!
« on: March 02, 2014, 09:58:14 PM »
Energy -  Energy
Wasted energy -  well all those script coins wasting energy are at risk.  LTC is a prime under that umbrella + many more.

We are trading in an LTC pairing.  IF LTC goes to $1 cause it wastes allot of energy, our value goes as well.  Unless we are trading paired with another POS coin or we gain value as LTC loses.

Script based coins will have competition in the energy efficient realm.  This will send LTC lower.   
That is why exchanges are fearful of POS coins.  They have HUGE positions in script based energy HOGS and that is why for the games in IFC COL and many others.  Detective work, and I support this coin so don't boot me!

So there you have it.

Peace