Topic: Do you think Litecoin is dead ? - page 4. (Read 3795 times)

Vulnerable? Care to be more specific?

I was talking about how some of the newer more "innovative" coins have not been around enough to be claimed to have stood the test of time. There is always the possibility there is a serious flaw in the implementation.

Hence why I always say that any crypto needs to stand the test of time. Give a coin a year at least before saying the code is sound and secure.

Otherwise you are being naive to think coding is perfect from day 1 and since it has been "running good" for a short period of time that it is better than the older coins.

While in response to OP I think "No", I do have to question what purpose Alt-Coins are going to serve in the future. With Bitcoin really entering a new phase of support by WallStreet, I can't help but wonder if Bitcoin has won the race to mainstream (even if it's not actually already there yet). Litecoin has faster block times, yes, but will that just turn out to be an academic difference in the long run? Any large companies working with Bitcoin are just muddling the message they give if they say Bitcoin AND litecoin AND (any other alt-coin).

So I'm not sure, but I'm tempted to believe this is quickly becoming a one-cryptohorse town. With wall-street money entering, the development of Bitcoin tech and services will accelerate far faster then what the alt-coin community can produce. Perhaps privacy features like Boolberry or Darkcoin might become relevant, but the initial difference between Bitcoin and Lightcoin (coincap, algo, blocktime) seems to get more irrelevant by the day. Both have ASICS now, so it's really just total number of coins and blocktime. Neither of which seems to really make much of a difference.

Who knows, maybe I'm wrong. But with so much money going into Bitcoin, and so much development, Bitcoin enters a new "initial phase" where so much more wealth can be created from simple good ideas. I think it's going to simply suck up all the smart minds out there leaving alt-coins to limp along.

Anyway, it's not dead. But, the future of alt-coins seems murky at best.

Maybe Litecoin just faces some difficulties now.

Testing older technologies proved they are vulnerable. Now what?


Oh, did I say a blasphemy about the almighty Bitcoin? I am sorry. So if I really think it doesn't have much upside potential, is this considered trolling? Why? Even one of Bitcoin developers sold half of his Bitcoins, because he doesn't feel confident Bitcoin will win the race due to its flaws, what other signs do you need?

Now we sunk to pure trolling level.

  

You forgot to mention not well tested "superior technology".

NO ONE (besides crypto newssites) is reporting about Litecoin. The whole world is looking on bitcoin, and Bitcoin only. besides this there are many other alt coins with way superior technology out there. LTC is like Video2000 or Betamax. There is no need for it, it has no advantages, it has lost the battle. Get out ASAP.

I'd be pretty upset if so, I'd have lost some if it was true!

I'm not much for speculating but I predict it'll go back up in price shortly, there's a lot going on in the world and in news. Just give it a chance!

Basic physic will let you know that you must work to create something. Any active coin (hash) has value because there is financial commitment to it.

Most likely yes, LTC hype is over, techology is outdated, big whales are slowly sellin their stash off, a lot of small fishes will be left back holdin the bag.
It might stabilize somewhere around 1-2$, but maybe worse.
LTC RxIxP 2014

You should get out of Litecoin. But Bitcoin doesn't have much upside potential.

lol There was no promise that GPU mining would be forever. That is stupid to claim as anything can have ASICs be developed for it if it is worth the investment into hardware development.

It is low, but not the lowest ever lol.
as others said their is no point in it. or any of the alts, except to trade and make or lose money. they serve no purpose.

Thanks for the link, I didn't know about it.

I am just asking because I am loosing so much money. Maybe I should convert my litecoin in bitcoin as soon as possible...It seems to go down day after day..

no.

Yeah, until Litecoin hits 0.001 it's ok.

You can have a look for yourself
https://bitcointalksearch.org/topic/why-litecoin-will-always-be-a-top-2-crypto-661938

If anything is in bad shape it would be Ripple

I dont even want to know how many times this same question has been ask about bitcoin in the past

welcome here:

https://bitcointalksearch.org/topic/litecoin-is-not-dead-it-is-just-dying-a-slow-death-662058

All time price chart

Dont know why the difficulty stops at the beginning of the year at 3100 (end of blue line) however right now its at 14492 and climbing

Not necessarily but they have their work cut out
Being Btc-lite will no longer cut. Cutting edge functionality is key. Some other alts do.