Thai Perception on Litecoin Value

This research analyzes factors affecting the success of
Litecoin Value within Thailand and develops a guideline for selfreliance
for effective business implementation. Samples in this study
included 119 people through surveys. The results revealed four main
factors affecting the success as follows: 1) Future Career training
should be pursued in applied Litecoin development. 2) Didn't grasp
the concept of a digital currency or see the benefit of a digital
currency. 3) There is a great need to educate the next generation of
learners on the benefits of Litecoin within the community. 4) A great
majority didn't know what Litecoin was.
The guideline for self-reliance planning consisted of 4 aspects: 1)
Development planning: by arranging meet up groups to conduct
further education on Litecoin and share solutions on adoption into
every day usage. Local communities need to develop awareness of
the usefulness of Litecoin and share the value of Litecoin among
friends and family. 2) Computer Science and Business Management
staff should develop skills to expand on the benefits of Litecoin
within their departments. 3) Further research should be pursued on
how Litecoin Value can improve business and tourism within
Thailand. 4) Local communities should focus on developing Litecoin
awareness by encouraging street vendors to accept Litecoin as
another form of payment for services rendered.

• Toby Gibbs
• Suwaree Yordchim

• Litecoin
• Mining
• Confirmations.

[1] "Litecoin charts". ltc-charts.com. Retrieved 2014-01-19.
[2] Jump up to:a b c "Litecoin.org". litecoin.org. Retrieved 2014-01-19.
[3] Jump up to:a b "Mining digital gold". The Economist. 2013-04-13.
[4] Jump up^ Satoshi, Nakamoto. "Bitcoin: A Peer-to-Peer Electronic Cash
System" (PDF). Bitcoin.org. Retrieved 24 April 2013.
[5] Jump up to:a b Simonite, Tom (2013-04-15). "Bitcoin isn't the only
cryptocurrency in town". MIT Technology Review. Retrieved 24 April
2013.
[6] Jump up to:a b Powers, Shawn (March 2012). "Cryptocurrency: Your
total cost is 01001010010" (PDF). Linux Journal. p. 29. Retrieved 21
October 2012.
[7] Jump up to:a b BATR (2013-04-17). "Bitcoins risk reward". The Market
Oracle. Retrieved 24 April 2013.
[8] Jump up Popper, Nathaniel (2013-11-11). "The rush to coin virtual
money with real value". The New York Times. Retrieved 2013-12-16.
[9] Jump up Clinch, Matt (2013-11-19). "Who needs bitcoin? Check out
these virtual currency alternatives". CNBC. Retrieved 2013-12-16.
[10] Jump up "Crypto-Currency Market Capitalizations". coinmarketcap.com.
Retrieved 2014-01-19.
[11] Jump up^ "LTC/USD alltime - Litecoin / US Dollar chart from BTC-e".
cryptocoincharts.info. Retrieved 2013-12-16.
[12] Jump up to:a b Coblee (user id) (2011-10-09). "(ANN) Litecoin - a lite
version of Bitcoin. Launched!". Post on Bitcointalk.org internet forum.
Retrieved 2014-05-03. "Using Scrypt allows one to mine Litecoin while
also mining Bitcoin."