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Topic: litecoin dead ? - page 7. (Read 49335 times)

hero member
Activity: 770
Merit: 500
November 27, 2013, 10:15:25 PM
almost 1 billion market cap , Litecoin is on fire , fly chkiun fly
legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
November 27, 2013, 09:58:54 PM
Quote
litecoin dead ?
Well who was the retard that started this thread? Roll Eyes
... and there were plenty of idiots eager to agree.
sr. member
Activity: 252
Merit: 250
November 27, 2013, 08:45:35 PM
Quote
litecoin dead ?
Well who was the retard that started this thread? Roll Eyes

Oops!   Grin
vip
Activity: 840
Merit: 1000
November 27, 2013, 07:20:58 PM
When btc was 5 cents everyond thought it was dead. Then $6....

This time to $30?


legendary
Activity: 2674
Merit: 3000
Terminated.
November 27, 2013, 07:15:50 PM
Does anyone else see the irony here?

LTC dead thread @ 36 pages....LTC @ $36 USD


So let's go for 1000 pages and hope.. LTC @ $1000?   Cheesy
full member
Activity: 183
Merit: 100
November 27, 2013, 07:14:31 PM
Does anyone else see the irony here?

LTC dead thread @ 36 pages....LTC @ $36 USD

legendary
Activity: 2674
Merit: 3000
Terminated.
November 27, 2013, 06:55:28 PM
I'm thinking that some other alt will overtake it in time. It is performing well, for now.

Just like bitcoin tho... Litecoin has this head start which is hard to overcome. I am unclear what is the number 3 coin right now.
Wait for the hype to settle and we will see. You can't really say that it is PPC as it had a head start, others are catching up.
legendary
Activity: 1022
Merit: 1001
I'd fight Gandhi.
November 27, 2013, 06:47:07 PM
Quote
litecoin dead ?
Well who was the retard that started this thread? Roll Eyes
legendary
Activity: 2072
Merit: 1001
November 27, 2013, 06:39:59 PM
I'm thinking that some other alt will overtake it in time. It is performing well, for now.

Just like bitcoin tho... Litecoin has this head start which is hard to overcome. I am unclear what is the number 3 coin right now.
legendary
Activity: 2674
Merit: 3000
Terminated.
November 27, 2013, 04:57:47 PM
I'm thinking that some other alt will overtake it in time. It is performing well, for now.
hero member
Activity: 980
Merit: 500
FREE $50 BONUS - STAKE - [click signature]
November 27, 2013, 08:30:30 AM
ooops to LTC haters



Yes, but for example, where's namecoin now? Essentially dead, right? There you go, this chart means nothing.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
November 27, 2013, 06:56:30 AM
ooops to LTC haters


That's traded amount correct? If BTC was worth more the total amount traded would be less than another that is cheaper. Can you do that chart again but use equivalent in US dollars? I'm curious.

that chart shows the traded amount of litecoin in pairs LTC/USD and LTC/BTC whic is all converted to BTC and compared to the traded amount of Bitcoin on all exchanges


so value of Litecoin trades the last 24 hours in Bitcoin was 88813 BTC (the Chinese exchanges were excluded, okcoin, FXBTC also excluded for some reason)
the trading volume of Bitcoin the last 24 hours  103995 BTC


you can check your self here http://www.cryptocoincharts.info/v2/coins/graphicalComparison
hero member
Activity: 994
Merit: 507
November 27, 2013, 06:40:25 AM
ooops to LTC haters


That's traded amount correct? If BTC was worth more the total amount traded would be less than another that is cheaper. Can you do that chart again but use equivalent in US dollars? I'm curious.
legendary
Activity: 2324
Merit: 1125
November 27, 2013, 06:16:06 AM
AFAIK sha256 is also used extensively in Litecoin, scrpt is only used in its mining function.

Correct
legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
November 27, 2013, 06:14:19 AM
AFAIK sha256 is also used extensively in Litecoin, scrpt is only used in its mining function.
hero member
Activity: 770
Merit: 500
November 27, 2013, 06:11:55 AM
Litecoin dead lol 

500 million market cap

http://coinmarketcap.com/
legendary
Activity: 1106
Merit: 1000
November 27, 2013, 05:35:24 AM
Scrypt is secure. SHA256 is secure. No one on the earth can crack them. So it does not make sense to compare the 2 algorithms in term of security.
legendary
Activity: 1148
Merit: 1001
things you own end up owning you
November 27, 2013, 05:08:01 AM
Actually, there is no source code for either SHA256 or scrypt, they're mathematical algorithms, they're known, and they have thousands of implementations in various licenses, closed or open source.

I will add that Scrypt is a newer Algo but not used widely as SHA-2, but this doesn't mean that SHA-2 is more secure than Scrypt, basically the wide use of SHA-2 comes from years of experience so it is safe somehow.

Scrypt is working well for Litecoin, infact it proved to be a win and major factor for the existence of Litecoin. and it is still serving its purpose.   
legendary
Activity: 966
Merit: 1001
Energy is Wealth
November 27, 2013, 04:59:15 AM
Well thats that sorted thanks  for the link
legendary
Activity: 2324
Merit: 1125
November 27, 2013, 04:54:21 AM
Lets not forget BTC has got that ugly NSA (National Security Agency) produced closed source function sha-256 sitting right at in the heart of it.

SHA-256 closed source? Tell us more...

Easy, show me the code for the function.
The NSA does not publicly display its work.
http://en.wikipedia.org/wiki/SHA-2

I could be completely clueless here but this was the first Google hit: https://polarssl.org/sha-256-source-code
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