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RE: Is This Why Charlie Lee Sold His Litecoin?
Today I had transaction experience with LTC,BCC, ETH and XVG.
LTC and BCC cost me around 3 $ , ETH cost me 8$ and XVG - 0.02$
The speed: XVG around 5 min, BCC - 10min, ETH - 15-20min, LTC - over 30min.
With transaction speed like this I really dont see the usecases for LTC and BCC with their "faster" transactions, there are altcoins liek XVG that are far superior in transaction speed and cost.
You have the typical noob mentality when it comes to new altcoins that don’t have a lot of users. Your experience also does not account for coin security. Any transaction on a centralized system will be even FASTER than ALL of the coins you mentioned. So that would be even better! According to that line of thinking.
I am not making a comparison, like a real comparison. I am sharing experience from yesterday. Thank you for your comment - I am indeed a noob in the crypto-world and I don't claim otherwise. As I said, sharing experience is what we need in this community. I guess you don't have much experience with international transactions, so please don't lecture me about centralized payments. Take care, my friend ! I will be very happy if the next time you go softer on "n00bs" like me. Thank you !
STEEM cost you $0.
That is correct @ze0hedge , as I said I am not comparing or searching for the fastest currency. I was just sharing experience. Thank you for tuning in in the disuccsion. Keep up the great work :)