Are there vendors anywhere that would be willing to accept litecoins, as bitcoins are going eventually going to run out? I'm investing in them and i'd like to know since I haven't seen much about this on the darkmarkets.
Vendors who accept litecoins?
Are there vendors anywhere that would be willing to accept litecoins, as bitcoins are going eventually going to run out? I'm investing in them and i'd like to know since I haven't seen much about this on the darkmarkets.
[3 Points] nczreviewer:
[2 Points] None:
How are you coming to the assumption that bitcoins will eventually run out? They aren't fossil fuels.
That aside, the general belief is that markets probably aren't going to start accepting altcoins anytime in the near future. The short explanation is that it would require widespread adoption of any new virtual currency - and be on par with the adoption on bitcoin at the same point in their lifetime. Some coins do have somewhat significant adoption rates, but when you zoom out and compare to btc, the results really aren't similar.
The second thing required beyond simple adoption is they have to also have to show similar price stability. Btc has had huge swings but overall shows remarkable growth. LTC does not.
So, until there is some sort of pressure on vendors - not markets - to adopt other altcoin as payment, it won't happen simply by "don't fix things that aren't broken." There's simply to reason to change the system.
[2 Points] gramsadmin:
I am planning on having grams accept alt coins which then would be converted to bitcoins in your account and you could withdrawal the bitcoins to the markets. I am trying to decide what alt coin to do first. Litecoin seems easier to implement but darkcoin is more popular I think on the darknet.
[2 Points] dastampmasta:
tormarket did when it was around. bitcoins will reach a max cap in terms of the total amount available in the market but they will still hold value and likely the value will increase exponentially by this time...
It will make no difference when the cap is reached..
just go on an exchange and trade your litecoin for btc..
why bother? there is no real appeal to accepting litecoins? I'm a pretty paranoid person and I don't like the idea of using a different crypto. bitcoins seem to be working out well.