Topic: litecoin dead ? - page 22. (Read 49319 times)
Actually the LTC difficulty has more than doubled in the last 3 months or so, as 500 was the norm for the longest time, now it bounces between 1000-1200. The price was just really slow to catch up, as there were a few hick-ups along the way, not that BTC didn't have the same problems. Difficulty went up from 11 mil to 300 mil, yet the price had dropped to the $80 mark for a while. Now both currencies have gotten over loosing their biggest drug trading sites, and the prices are both going up finally.
As I write this, LTC Cap has doubled to $107,000,000 = not dead.
There is not a single good reason to put 2 times more money into LTC miners' pockets. Did LTC difficulty followed the trend, e.g. did miners
went out and bought enough hardware to double their LTC hashrates? No! So it is all, as said few times earlier, about speculation which as
an side-effect makes current LTC miners richer. They make 2 times more money than before and that's it. In a same way (speculation) LTC
market cap could be increased to $10+ billions but without real use of LTC the only ones profiting are smart speculators and miners. Pretty
much like mining UNO while difficulty is 10k or less and dumping it on exchange, or buying it for cheap and then putting sale orders at 200%
of buying price. One can make nice profits there ... and?
LTC is nowhere near dead but it is becoming less and less useful every week. That is what matters. At some point, if LTC usefulness drops
even lower, other altcoins will come to light as a way better alternatives to BTC. PrimeCoin = 1 minute block time, neither SHA nor Scrypt,
mining it actualy produces useful side-effects, actively developed by known dev. All in all, when compared with XPM, LTC is an old tech. All
aces LTC community were pulling all this years (different algo, faster, more coins total) are no longer important. There are much better deals.
Less and less useful? Compared to which alt coin exactly? Bitcoin and Litecoin are actually the only coins I ever used to pay things with. Never had the option to pay with any other coin. You expect to see Primecoin next month on all major exchanges, payment processors build for it and merchants accepting it? Litecoin is on it's way for all that but you think that magically out of the blue people will think "nah, old tech lets switch to another coin". I guess I better also sell all my Bitcoins before the others realize it is old tech.
Bitcoin is a highly centralized, ultra-volatile commodity with a very low velocity...
Monopolized by early adopters, rich miners, and hoarders.
If you just look at volatilty...
It would be like running the US economy on sugar or gas futures.
SO IT'S NEVER GONNA HAPPEN.
That means Bitcoin has no real advantage over any of the Alts...
And the Gen 2.0 Crypto that will change the world probably has not been launched yet.
Keep your eye on those launches. Look for innovation.
Litecoin dead? Hell NO!
3 of 6 big chinese exchanges already trade Litecoin.
CEO of btc china is the brother of the founder of Litecoin
Why do you think there will be support for LTC?
3 of 6 big chinese exchanges already trade Litecoin.
CEO of btc china is the brother of the founder of Litecoin
Why do you think there will be support for LTC?
LTC is dieing you will see in couple of days
These guys don't know what they are talking about, maybe missed cheaper LTC or invested in another coin and see Litecoin as a threat to there believed coin. Best way is to ignore them
Litecoin dead? Hell NO!
3 of 6 big chinese exchanges already trade Litecoin.
CEO of btc china is the brother of the founder of Litecoin
Why do you think there will be support for LTC?
3 of 6 big chinese exchanges already trade Litecoin.
CEO of btc china is the brother of the founder of Litecoin
Why do you think there will be support for LTC?
LTC is dieing you will see in couple of days
As I write this, LTC Cap has doubled to $107,000,000 = not dead.
There is not a single good reason to put 2 times more money into LTC miners' pockets. Did LTC difficulty followed the trend, e.g. did miners
went out and bought enough hardware to double their LTC hashrates? No! So it is all, as said few times earlier, about speculation which as
an side-effect makes current LTC miners richer. They make 2 times more money than before and that's it. In a same way (speculation) LTC
market cap could be increased to $10+ billions but without real use of LTC the only ones profiting are smart speculators and miners. Pretty
much like mining UNO while difficulty is 10k or less and dumping it on exchange, or buying it for cheap and then putting sale orders at 200%
of buying price. One can make nice profits there ... and?
LTC is nowhere near dead but it is becoming less and less useful every week. That is what matters. At some point, if LTC usefulness drops
even lower, other altcoins will come to light as a way better alternatives to BTC. PrimeCoin = 1 minute block time, neither SHA nor Scrypt,
mining it actualy produces useful side-effects, actively developed by known dev. All in all, when compared with XPM, LTC is an old tech. All
aces LTC community were pulling all this years (different algo, faster, more coins total) are no longer important. There are much better deals.
Less and less useful? Compared to which alt coin exactly? Bitcoin and Litecoin are actually the only coins I ever used to pay things with. Never had the option to pay with any other coin. You expect to see Primecoin next month on all major exchanges, payment processors build for it and merchants accepting it? Litecoin is on it's way for all that but you think that magically out of the blue people will think "nah, old tech lets switch to another coin". I guess I better also sell all my Bitcoins before the others realize it is old tech.
very dead yes...with a 100 Mio USD market cap
Exchanges do not provide usefulness to coins outside of speculation domain. Speculators count in millions worldwide, not billions. Get my drift?
Exchanges only provide means for investors to put money into a coin for the sake of profiting, not supporting it. Litecoin dead? Hell NO!
3 of 6 big chinese exchanges already trade Litecoin.
CEO of btc china is the brother of the founder of Litecoin
Why do you think there will be support for LTC?
Nobody really cares that much about litecoin. Only for profiting. 3 of 6 big chinese exchanges already trade Litecoin.
CEO of btc china is the brother of the founder of Litecoin
Why do you think there will be support for LTC?
Litecoin dead? Hell NO!
3 of 6 big chinese exchanges already trade Litecoin.
CEO of btc china is the brother of the founder of Litecoin
Why do you think there will be support for LTC?
3 of 6 big chinese exchanges already trade Litecoin.
CEO of btc china is the brother of the founder of Litecoin
Why do you think there will be support for LTC?
LTC is dieing you will see in couple of days
Litecoin dead? Hell NO!
3 of 6 big chinese exchanges already trade Litecoin.
CEO of btc china is the brother of the founder of Litecoin
Why do you think there will be support for LTC?
3 of 6 big chinese exchanges already trade Litecoin.
CEO of btc china is the brother of the founder of Litecoin
Why do you think there will be support for LTC?
Can't we all just get along 
the idea that litecoin gaining traction and price will impact bitcoins price is an old out of date 2012 notion, with litecoin being added to many exchanges in china for instance any previous bottleneck in turning fiat directly into litecoin will be removed. Without that dynamic in play why would there be any strong objections to Litecoin. Having a successful altcoin or two besides Bitcoin adds weight to the class of cryptocurrency as a whole, rather than making Bitcoin look like a zany experiment that can't be replicated to the world at large a few cryptocurrency "alternatives" is just that a few options in a new and exciting developing class of border-less currency.
Litecoin what can you do with it ? ......pfffttt where have I heard that before, calling Litecoin dead is so shortsighted sounds like sounds like I've just got out of the tardis in Bitcoin 2011.
the idea that litecoin gaining traction and price will impact bitcoins price is an old out of date 2012 notion, with litecoin being added to many exchanges in china for instance any previous bottleneck in turning fiat directly into litecoin will be removed. Without that dynamic in play why would there be any strong objections to Litecoin. Having a successful altcoin or two besides Bitcoin adds weight to the class of cryptocurrency as a whole, rather than making Bitcoin look like a zany experiment that can't be replicated to the world at large a few cryptocurrency "alternatives" is just that a few options in a new and exciting developing class of border-less currency. Litecoin what can you do with it ? ......pfffttt where have I heard that before, calling Litecoin dead is so shortsighted sounds like sounds like I've just got out of the tardis in Bitcoin 2011.
Nice post.
As I write this, LTC Cap has doubled to $107,000,000 = not dead.
These BTC spikes separate the winners/losers in Alt Space...
PPC has surpassed $12 million and is a solid #3...
WDC passes $1 million and moves into #8...
CGB has rocketed to #13.
The quality Alts should welcome volatility.
Let's look at the past few months.
http://ltc.block-explorer.com/charts
BTC/LTC: slowly decreasing (making it better to have held BTC, no matter what you say about fiat value)
But much more important:
Number of transactions: slowly decreasing.
Difficulty: stopped increasing and locally varying (multipools?).
And pretty please, do not make a case about "but XXX in the last YYY hours".
http://ltc.block-explorer.com/charts
BTC/LTC: slowly decreasing (making it better to have held BTC, no matter what you say about fiat value)
But much more important:
Number of transactions: slowly decreasing.
Difficulty: stopped increasing and locally varying (multipools?).
And pretty please, do not make a case about "but XXX in the last YYY hours".
calling Litecoin dead is so shortsighted sounds like sounds like I've just got out of the tardis in Bitcoin 2011.
Not the same people nor the same reasons, but this has been said a thousand times.this will be my last post on this worthless thread, you still didn't answer my question, what is the point ? why you keep coming and repeating the same thing over and over ? I am sure that everyone who've read this thread got your point, and yet people still invest into Litecoin, do you really want to change that ? if yes then you are really doing it the wrong way, you have literary beat the shit out of people to make them change their mind
now again, don't you have better things to do ? oh I forgot that this is the best you can do, you are paid to troll, so good job, you already deserved your money , carry on ....
Can't we all just get along the idea that litecoin gaining traction and price will impact bitcoins price is an old out of date 2012 notion, with litecoin being added to many exchanges in china for instance any previous bottleneck in turning fiat directly into litecoin will be removed. Without that dynamic in play why would there be any strong objections to Litecoin. Having a successful altcoin or two besides Bitcoin adds weight to the class of cryptocurrency as a whole, rather than making Bitcoin look like a zany experiment that can't be replicated to the world at large a few cryptocurrency "alternatives" is just that a few options in a new and exciting developing class of border-less currency.
Litecoin what can you do with it ? ......pfffttt where have I heard that before, calling Litecoin dead is so shortsighted sounds like sounds like I've just got out of the tardis in Bitcoin 2011.
the idea that litecoin gaining traction and price will impact bitcoins price is an old out of date 2012 notion, with litecoin being added to many exchanges in china for instance any previous bottleneck in turning fiat directly into litecoin will be removed. Without that dynamic in play why would there be any strong objections to Litecoin. Having a successful altcoin or two besides Bitcoin adds weight to the class of cryptocurrency as a whole, rather than making Bitcoin look like a zany experiment that can't be replicated to the world at large a few cryptocurrency "alternatives" is just that a few options in a new and exciting developing class of border-less currency. Litecoin what can you do with it ? ......pfffttt where have I heard that before, calling Litecoin dead is so shortsighted sounds like sounds like I've just got out of the tardis in Bitcoin 2011.
Its alive, its going to hit $10 at this rate....
That's like saying: it's gonna hit $100 at this rate.
lol.
No, its going to hit $1000 at this rate....
Its alive, its going to hit $10 at this rate....
That's like saying: it's gonna hit $100 at this rate.
lol.
litecoin dead ?
I'd thought so. Recently we're receiving a number of unsolicited inquires from parties interested to buy and hold LTC.
What? Why don't these parties just, you know, buy LTC on the open market. There's millions of dollars worth available for sale.
litecoin dead ?
I'd thought so. Recently we're receiving a number of unsolicited inquires from parties interested to buy and hold LTC.
Its alive, its going to hit $10 at this rate....
I think it is diend now, i watc other mayor alts they are riseing but ltc drops
Are you drunk?
maybe a little XD
I think it is diend now, i watc other mayor alts they are riseing but ltc drops
Are you drunk?
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