Author

Topic: Litecoin-altcoin dependency (Read 885 times)

newbie
Activity: 42
Merit: 0
July 14, 2014, 08:58:39 AM
#15
found dependecy - when litecoin comes down other cryptocurrencys from top-15 market cup come's down too (most of them). Why did this happen? Are they some  crisis for all alt's or there are some real depedncy between popular alt's and LTC? is this problems with loss of LTC-trust(and trusting in other alt's coming down too)  or something else?

I think you are drawing a conclusion from a false assumption. I suggest rechecking your data.

Where am i wrong? i found a some of currency's with peak value of capitalization near dec13-jan14 and then there all comes down. Such as LTC in dec13. So where am i wrong? PeerCoin, DogeCoin, NameCoin and etc.

ok, i was wrong about darkcoin, it's true.


legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
July 13, 2014, 09:27:53 PM
#14
Think its pretty obvious that outside of btc/alt almost all where created for the quest for more fiat, and are sucked up by the perceived miss the boat crowd.

ltc is pretty much the only survivor from earlier waves of alts (and itself not being the oldest), if it was to actually fade people would lose faith in all alts, thats what the fud spreaders don't get.

Whats lost on most the crowd at btt its not about the fiat, its about alternatives to fiat  Wink, and there is such a brain dead sheep oh where's the innovation type  Roll Eyes, when the innovation pumpers aren't pumping anything even remotely innovative, just innovation as an excuse to pump their garbage.

You are going too far and not representing LTC in a good way. Hostility towards other coins is not necessary, neither is bashing innovation. LTC is a strong community and try to portray that instead of bashing other coins and what they bring to table.

It is about Network effect. If you want to bash other coins, go to Litecointalk. Don't troll here and piss off people who want to adopt LTC. It is like you didn't see 2 posts above.  Roll Eyes

Calling it how I see it, I'm not here to represent or do favors for any alts, personally I've always stated the only thing good to ever come out of the crypto scene (including btc/ltc) is the idea.

Cryptos seems to be almost like an experiment to prove everyone acts exactly like the bankers of the world when put in the same position.


Yah and you sounded exactly like a dumb banker driving the "cool" Mercedes working at Wells Fargo, who couldn't wait to laugh at the banker at Chase working down the road, driving the Lexus hybrid to work because energy efficiency is a "FAD".

Lord please save me. Did I make the right decision today?

Litecoiners please give me a hug and convince me I made a good decision today and this particular person is an outlier.



So a question, was your litecoin decision based around what prospects you have of making more fiat out of it?

No.

And I will encourage future Litecoiners to put you on ignore because you are condescending and do not represent true Litecoiners.
legendary
Activity: 1876
Merit: 1000
July 13, 2014, 09:04:09 PM
#13
Think its pretty obvious that outside of btc/alt almost all where created for the quest for more fiat, and are sucked up by the perceived miss the boat crowd.

ltc is pretty much the only survivor from earlier waves of alts (and itself not being the oldest), if it was to actually fade people would lose faith in all alts, thats what the fud spreaders don't get.

Whats lost on most the crowd at btt its not about the fiat, its about alternatives to fiat  Wink, and there is such a brain dead sheep oh where's the innovation type  Roll Eyes, when the innovation pumpers aren't pumping anything even remotely innovative, just innovation as an excuse to pump their garbage.

You are going too far and not representing LTC in a good way. Hostility towards other coins is not necessary, neither is bashing innovation. LTC is a strong community and try to portray that instead of bashing other coins and what they bring to table.

It is about Network effect. If you want to bash other coins, go to Litecointalk. Don't troll here and piss off people who want to adopt LTC. It is like you didn't see 2 posts above.  Roll Eyes

Calling it how I see it, I'm not here to represent or do favors for any alts, personally I've always stated the only thing good to ever come out of the crypto scene (including btc/ltc) is the idea.

Cryptos seems to be almost like an experiment to prove everyone acts exactly like the bankers of the world when put in the same position.


Yah and you sounded exactly like a dumb banker driving the "cool" Mercedes working at Wells Fargo, who couldn't wait to laugh at the banker at Chase working down the road, driving the Lexus hybrid to work because energy efficiency is a "FAD".

Lord please save me. Did I make the right decision today?

Litecoiners please give me a hug and convince me I made a good decision today and this particular person is an outlier.



So a question, was your litecoin decision based around what prospects you have of making more fiat out of it?
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
July 13, 2014, 09:02:41 PM
#12
Think its pretty obvious that outside of btc/alt almost all where created for the quest for more fiat, and are sucked up by the perceived miss the boat crowd.

ltc is pretty much the only survivor from earlier waves of alts (and itself not being the oldest), if it was to actually fade people would lose faith in all alts, thats what the fud spreaders don't get.

Whats lost on most the crowd at btt its not about the fiat, its about alternatives to fiat  Wink, and there is such a brain dead sheep oh where's the innovation type  Roll Eyes, when the innovation pumpers aren't pumping anything even remotely innovative, just innovation as an excuse to pump their garbage.

You are going too far and not representing LTC in a good way. Hostility towards other coins is not necessary, neither is bashing innovation. LTC is a strong community and try to portray that instead of bashing other coins and what they bring to table.

It is about Network effect. If you want to bash other coins, go to Litecointalk. Don't troll here and piss off people who want to adopt LTC. It is like you didn't see 2 posts above.  Roll Eyes

Calling it how I see it, I'm not here to represent or do favors for any alts, personally I've always stated the only thing good to ever come out of the crypto scene (including btc/ltc) is the idea.

Cryptos seems to be almost like an experiment to prove everyone acts exactly like the bankers of the world when put in the same position.


Yah and you sounded exactly like a dumb banker driving the "cool" Mercedes working at Wells Fargo, who couldn't wait to laugh at the banker at Chase working down the road, driving the Lexus hybrid to work because energy efficiency is a "FAD".

Lord please save me. Did I make the right decision today?

Litecoiners please give me a hug and convince me I made a good decision today and this particular person is an outlier.

legendary
Activity: 1876
Merit: 1000
July 13, 2014, 08:57:21 PM
#11
Think its pretty obvious that outside of btc/alt almost all where created for the quest for more fiat, and are sucked up by the perceived miss the boat crowd.

ltc is pretty much the only survivor from earlier waves of alts (and itself not being the oldest), if it was to actually fade people would lose faith in all alts, thats what the fud spreaders don't get.

Whats lost on most the crowd at btt its not about the fiat, its about alternatives to fiat  Wink, and there is such a brain dead sheep oh where's the innovation type  Roll Eyes, when the innovation pumpers aren't pumping anything even remotely innovative, just innovation as an excuse to pump their garbage.

You are going too far and not representing LTC in a good way. Hostility towards other coins is not necessary, neither is bashing innovation. LTC is a strong community and try to portray that instead of bashing other coins and what they bring to table.

It is about Network effect. If you want to bash other coins, go to Litecointalk. Don't troll here and piss off people who want to adopt LTC. It is like you didn't see 2 posts above.  Roll Eyes

Calling it how I see it, I'm not here to represent or do favors for any alts, personally I've always stated the only thing good to ever come out of the crypto scene (including btc/ltc) is the idea.

Cryptos seems to be almost like an experiment to prove everyone acts exactly like the bankers of the world when put in the same position.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
July 13, 2014, 08:52:30 PM
#10
Think its pretty obvious that outside of btc/alt almost all where created for the quest for more fiat, and are sucked up by the perceived miss the boat crowd.

ltc is pretty much the only survivor from earlier waves of alts (and itself not being the oldest), if it was to actually fade people would lose faith in all alts, thats what the fud spreaders don't get.

Whats lost on most the crowd at btt its not about the fiat, its about alternatives to fiat  Wink, and there is such a brain dead sheep oh where's the innovation type  Roll Eyes, when the innovation pumpers aren't pumping anything even remotely innovative, just innovation as an excuse to pump their garbage.

You are going too far and not representing LTC in a good way. Hostility towards other coins is not necessary, neither is bashing innovation. LTC is a strong community and try to portray that instead of bashing other coins and what they bring to table.

It is about Network effect. If you want to bash other coins, go to Litecointalk. Don't troll here and piss off people who want to adopt LTC. It is like you didn't see 2 posts above.  Roll Eyes
legendary
Activity: 1876
Merit: 1000
July 13, 2014, 08:45:43 PM
#9
Think its pretty obvious that outside of btc/alt almost all where created for the quest for more fiat, and are sucked up by the perceived miss the boat crowd.

ltc is pretty much the only survivor from earlier waves of alts (and itself not being the oldest), if it was to actually fade people would lose faith in all alts, thats what the fud spreaders don't get.

Whats lost on most the crowd at btt its not about the fiat, its about alternatives to fiat  Wink, and there is such a brain dead sheep oh where's the innovation type  Roll Eyes, when the innovation pumpers aren't pumping anything even remotely innovative, just innovation as an excuse to pump their garbage.
legendary
Activity: 1120
Merit: 1000
July 13, 2014, 08:38:05 PM
#8
People just got tired from alts and are back to the safe haven of bitcoin.

Just wait the next bitcoin rise, and others coins going to follow.
legendary
Activity: 1946
Merit: 1100
Leading Crypto Sports Betting & Casino Platform
July 13, 2014, 08:24:19 PM
#7
Start buying Litecoins if you like yourself and care about your family. The entire altcoin world is a cesspool of idiocy, sabotage, scam and distrust.

Up until today I was convinced that another altcoin will topple Litecoin, Privacy/Anonymity focussed coins being the best bet. It won't. They will take away your BTC and LTC from you. It is time for LTC to rise. I think it was an eye opener for LTC in the recent times about being arrogant and the community has started respecting this and adapting.
hero member
Activity: 644
Merit: 500
July 13, 2014, 08:03:54 PM
#6
(Above post)

Yes, the data is all over the place. you can draw inferences, but the magnitude of coins being released coupled with a few variables such as Gox, Silk Road, hacked exchanges, no laws, and on and on, makes prediction tricky.

Personally I think there is a bright future, but only after a big clear-out.

An XRP type coin with a cleverer development team will be the one that goes places. BTC has a great chance and I expect a big turn in attitude and calls for regulation to ensure it goes beyond the commodity stage (watch the BTC Foundation lead (and profit from) that battle).

Otherwise, buy FLAP at 1 Lit and Dime at 1 Lit. Chuck in what you can afford. Wait. Cash in.

Disclaimer: Advice is based on conjecture. In addition, if the exchanges follow Coinedup, and start on mBTC and mLTC exchanges, then we will get that clear-out very quickly.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
July 13, 2014, 07:16:46 PM
#5
found dependecy - when litecoin comes down other cryptocurrencys from top-15 market cup come's down too (most of them). Why did this happen? Are they some  crisis for all alt's or there are some real depedncy between popular alt's and LTC? is this problems with loss of LTC-trust(and trusting in other alt's coming down too)  or something else?

I think you are drawing a conclusion from a false assumption. I suggest rechecking your data.
sr. member
Activity: 434
Merit: 250
July 13, 2014, 01:07:03 PM
#4
found dependecy - when litecoin comes down other cryptocurrencys from top-15 market cup come's down too (most of them). Why did this happen? Are they some  crisis for all alt's or there are some real depedncy between popular alt's and LTC? is this problems with loss of LTC-trust(and trusting in other alt's coming down too)  or something else?
Maybe people start dumping these alts and start investing into LTC ASAP so they won't miss the pump?

but what real dependency inside this? how i can see DRK, for example, independent from LTC. damned clone's falls together
Hmm i don't know you'll get the answer, if so i'd like to know that too.
newbie
Activity: 42
Merit: 0
July 13, 2014, 11:31:35 AM
#3
found dependecy - when litecoin comes down other cryptocurrencys from top-15 market cup come's down too (most of them). Why did this happen? Are they some  crisis for all alt's or there are some real depedncy between popular alt's and LTC? is this problems with loss of LTC-trust(and trusting in other alt's coming down too)  or something else?
Maybe people start dumping these alts and start investing into LTC ASAP so they won't miss the pump?

but what real dependency inside this? how i can see DRK, for example, independent from LTC. damned clone's falls together
sr. member
Activity: 434
Merit: 250
July 13, 2014, 10:01:48 AM
#2
found dependecy - when litecoin comes down other cryptocurrencys from top-15 market cup come's down too (most of them). Why did this happen? Are they some  crisis for all alt's or there are some real depedncy between popular alt's and LTC? is this problems with loss of LTC-trust(and trusting in other alt's coming down too)  or something else?
Maybe people start dumping these alts and start investing into LTC ASAP so they won't miss the pump?
newbie
Activity: 42
Merit: 0
July 13, 2014, 09:57:55 AM
#1
found dependecy - when litecoin comes down other cryptocurrencys from top-15 market cup come's down too (most of them). Why did this happen? Are they some  crisis for all alt's or there are some real depedncy between popular alt's and LTC? is this problems with loss of LTC-trust(and trusting in other alt's coming down too)  or something else?
Jump to: