Our small casino sees regular litecoin players, they could easily play the exact same games in bitcoin / ppcoin/ terracoin but chose litecoin.
There is no doubt it is well supported by its community, our only fear is that the complete stagnation of development will eventually turn away new adopters in favour of newer shinnier coins.
We do wonder if NVC had a more sane launch could it have and disposed LTC due to:
updated code, current support and newer more interesting technology offers (Scrypt + PoS does sound interesting).
Topic: Is Litecoin really really cheap right now? Or is it dying? - page 10. (Read 25682 times)
Today's volume comparison on BTC-e
NVC/BTC - 299 BTC
LTC/BTC - 223 BTC
People still have faith in litecoin and its not dying. NVC is over valued.
Regarding cheapness
Current price LTC/BTC = 0.00219
=0.00219 * 30.5 = 0.066795 LTC/USD
=(which little less than 0.0669 LTC/USD,its current price)
So,its not cheap on absolute terms in USD,its due to the surge of bitcoin in last 20 days,it seems cheap with respect to bitcoin.
NVC/BTC - 299 BTC
LTC/BTC - 223 BTC
People still have faith in litecoin and its not dying. NVC is over valued.
Regarding cheapness
Current price LTC/BTC = 0.00219
=0.00219 * 30.5 = 0.066795 LTC/USD
=(which little less than 0.0669 LTC/USD,its current price)
So,its not cheap on absolute terms in USD,its due to the surge of bitcoin in last 20 days,it seems cheap with respect to bitcoin.
come back in a month and let us see if NVC has vol over 9 btc. This will die faster than PPC
Today's volume comparison on BTC-e
NVC/BTC - 299 BTC
LTC/BTC - 223 BTC
People still have faith in litecoin and its not dying. NVC is over valued.
Regarding cheapness
Current price LTC/BTC = 0.00219
=0.00219 * 30.5 = 0.066795 LTC/USD
=(which little less than 0.0669 LTC/USD,its current price)
So,its not cheap on absolute terms in USD,its due to the surge of bitcoin in last 20 days,it seems cheap with respect to bitcoin.
NVC/BTC - 299 BTC
LTC/BTC - 223 BTC
People still have faith in litecoin and its not dying. NVC is over valued.
Regarding cheapness
Current price LTC/BTC = 0.00219
=0.00219 * 30.5 = 0.066795 LTC/USD
=(which little less than 0.0669 LTC/USD,its current price)
So,its not cheap on absolute terms in USD,its due to the surge of bitcoin in last 20 days,it seems cheap with respect to bitcoin.
re: duality
I've always felt like there was an underlying duality in our world stemming from how for millions of years we've been bathed in light for some of the day and cast into darkness for the rest of it.
Everything, like the Yin/Yan, good/evil, or paper having 2 sides (i guess) is in some way our interpretation or expression of our evolutionary background. Looking forward, I don't see humanity as being guided quite as much by the physical features of our local environment. These primordial paradigms are not as crucial to the human experience, and to survival. We are in an age where our imagination, and our understanding of the effects of much bigger universal paradigms will be necessary to ensure our survival.
I think in a sense what I am saying is that there is value in litecoin, like there is value in bitcoin, and in anything else that is cutting edge and moving fast. It's the "evils" of traditional systems of economic and political control that we need to shed before it's too late.
I've always felt like there was an underlying duality in our world stemming from how for millions of years we've been bathed in light for some of the day and cast into darkness for the rest of it.
Everything, like the Yin/Yan, good/evil, or paper having 2 sides (i guess) is in some way our interpretation or expression of our evolutionary background. Looking forward, I don't see humanity as being guided quite as much by the physical features of our local environment. These primordial paradigms are not as crucial to the human experience, and to survival. We are in an age where our imagination, and our understanding of the effects of much bigger universal paradigms will be necessary to ensure our survival.
I think in a sense what I am saying is that there is value in litecoin, like there is value in bitcoin, and in anything else that is cutting edge and moving fast. It's the "evils" of traditional systems of economic and political control that we need to shed before it's too late.
Everything in (physical) existence is a duality (this includes virtual stuff), best known are things like like day/night, energy/matter, male/female, yang/yin, hot/cold, Coke/Pepsi, PC/mac, Etc/Etc - a piece of paper has to have two sides & anything that comes in to existence brings it's other side in to existence also, they can compete/cooperate & everything in between but there will always be an Alt, whether it is Litecoin or another alt to Bitcoin I couldn't be sure but atm it is by far the most likely candidate imo & so therefor well worth keeping an eye upon at the very least, there are niche markets where it may prove very successful & dedicated talented people working on applications for it - I am actively building a stake in it atm - which you can find it somewhere on http://forum.litecoin.net/index.php/topic,608.0.html hopefully, if you like.
Bad reasoning. Coke/Pepsi are competitors, but there is no reason there has to be only two. What about Ford/Chrysler/GM?
"a piece of paper has to have two sides", except if it a Moebius strip, in which case it only has one side!
One can always sub-divide, every duality probably has it's own sub-dualities Ad infinitum, the Moebius strip if made from a piece of paper, that paper has two sides - it may be then formed into the continuous strip but the paper has still got it's two sides, if this isn't obvious to you then forget it.
I'm not saying that everything is only black or white, but that if you have one then you must have the other.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Everything in (physical) existence is a duality (this includes virtual stuff), best known are things like like day/night, energy/matter, male/female, yang/yin, hot/cold, Coke/Pepsi, PC/mac, Etc/Etc - a piece of paper has to have two sides & anything that comes in to existence brings it's other side in to existence also, they can compete/cooperate & everything in between but there will always be an Alt, whether it is Litecoin or another alt to Bitcoin I couldn't be sure but atm it is by far the most likely candidate imo & so therefor well worth keeping an eye upon at the very least, there are niche markets where it may prove very successful & dedicated talented people working on applications for it - I am actively building a stake in it atm - which you can find it somewhere on http://forum.litecoin.net/index.php/topic,608.0.html hopefully, if you like.
What about Ford/Chrysler/GM?
Bad example. Two of those companies have been driven into bankruptcy and have received goobermint bailouts.
I'm pro LTC btw.
OK, then how about Ford/Nissan/Kia/Toyota/Honda/Hyundai/BMW/Audi? My point remains, there can be more than one competitor in a market. Likewise the PC/mac dichotomy leaves out Linux.
Everything in (physical) existence is a duality (this includes virtual stuff), best known are things like like day/night, energy/matter, male/female, yang/yin, hot/cold, Coke/Pepsi, PC/mac, Etc/Etc - a piece of paper has to have two sides & anything that comes in to existence brings it's other side in to existence also, they can compete/cooperate & everything in between but there will always be an Alt, whether it is Litecoin or another alt to Bitcoin I couldn't be sure but atm it is by far the most likely candidate imo & so therefor well worth keeping an eye upon at the very least, there are niche markets where it may prove very successful & dedicated talented people working on applications for it - I am actively building a stake in it atm - which you can find it somewhere on http://forum.litecoin.net/index.php/topic,608.0.html hopefully, if you like.
What about Ford/Chrysler/GM?
Bad example. Two of those companies have been driven into bankruptcy and have received goobermint bailouts.
I'm pro LTC btw.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Everything in (physical) existence is a duality (this includes virtual stuff), best known are things like like day/night, energy/matter, male/female, yang/yin, hot/cold, Coke/Pepsi, PC/mac, Etc/Etc - a piece of paper has to have two sides & anything that comes in to existence brings it's other side in to existence also, they can compete/cooperate & everything in between but there will always be an Alt, whether it is Litecoin or another alt to Bitcoin I couldn't be sure but atm it is by far the most likely candidate imo & so therefor well worth keeping an eye upon at the very least, there are niche markets where it may prove very successful & dedicated talented people working on applications for it - I am actively building a stake in it atm - which you can find it somewhere on http://forum.litecoin.net/index.php/topic,608.0.html hopefully, if you like.
Bad reasoning. Coke/Pepsi are competitors, but there is no reason there has to be only two. What about Ford/Chrysler/GM?
"a piece of paper has to have two sides", except if it a Moebius strip, in which case it only has one side!
If I got that printed on some T-shirts maybe I could sell them to the LTC fanbois.
I see some bets coming out of this 
Let us know when that jalapeno comes in
LOL... "any day now". No, really!
It will never pay off.
4 to 6 weeks right?
Let us know when that jalapeno comes in
LOL... "any day now". No, really!
It will never pay off.
I think Litecoin still has some key attractions, it's an alternative. it can make use of spare GPUs (especially after ASIC dominant). But the problem is not Bitcoin, Bitcoin is grown up and has no threat to Litecoin (they have different living spaces). The problem & competition lives in other alt-coins.
All I can say is that I have bought products with Litecoin and have invested in Litecoin businesses on a Litecoin stock exchange. Hmm, not sure I can say, or even do that with any other cryptocurrency. You tell me...
You can do that with BTC too but it is not as easy.
All I can say is that I have bought products with Litecoin and have invested in Litecoin businesses on a Litecoin stock exchange. Hmm, not sure I can say, or even do that with any other cryptocurrency(Edit:Besides BTC). You tell me...
The unstated assumption in my analysis is that the transaction volume for Litecoin is four times that of Bitcoin.
oh really? you compared two systems with 4 times difference of transaction volumes? Oh, he is absolutely stupid. Join the club :\
The unstated assumption in my analysis is that the transaction volume for Litecoin is four times that of Bitcoin.
oh really? you compared two systems with 4 times difference of transaction volumes? 
I think it's both. Both cheap and dying. But thats just me.
Cheap means undervalued. if you think it's dying, then it's expensive.its called failed logic lol...
no wonder he loves TRC....(CR i'm just playing)...
I think it's both. Both cheap and dying. But thats just me.
Cheap means undervalued. if you think it's dying, then it's expensive. It's funny when Bit coin users expect LTC to be just as valuable and popular as BTC. Please fucktards, open your mind
Nobody expects Litecoin to be as valuable and popular as Bitcoin, that doesn't even make sense. The point is, that many altcoins are only created to benefit their creators and have no long term future. And I can think of a few scenario's in which Litecoin can be somewhat useful for a specific purpose, but not so much that it's a good idea to pour any money in it.
Oh really? So, how did coblee benefit from the creation of Litecoin? LTC donations?
we should get serious about this and form a fundation to pay the developers!!!!
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