Litecoin Is NOT Dead (It Is Just Dying A Slow Death) - page 2.

The Chainmaker

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Quote from: FandangledGizmo on December 31, 2014, 03:29:36 PM

Quote from: a fool and his money ... on December 31, 2014, 08:43:54 AM

Quote from: arieq on December 31, 2014, 08:22:06 AM

Quote from: cocales on December 30, 2014, 08:16:32 PM

Guys so predictable we all know the LTC will go up. If there is a coin that I can put my faith in is LTC.

Technically litecoin has lot of advantages but at the moment bitcoin has lot more mass and momentum

both of them are doing horrible.

Bitcoin inflation 10%
Litecoin inflation 30%

it's insanity to expect gains from coins with these errosions

That's crazy. That means Litecoin needs $80 000 in excess new demand per day just to offset the coins being sold by miners at the current CAP. No wonder it can't sustain itself.

$3 million of new demand a month is needed just to sustain its current price. Good luck getting that in a bear market.

Bitcoin is needs a million dollars a day! It is a lot more inflationary if one considers the total effect because of marketcap.

shanecoins

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WAKE THE FUCK UP LITECOIN

Pecunia non olet

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PayAccept - Worldwide payments accepted in seconds

Quote from: deine mudder on January 01, 2015, 11:39:18 PM

look at this green dildo from china:

and it even glows in the dark Grin

jertsy

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Quote from: traderman on January 01, 2015, 12:20:06 PM

It is too early to tell where Litecoin is headed, wait till the first block halving occurs. We are still in the very early stages in this whole crypto game. Bitcoin is paving the way right now, a few alts will follow suit and I am sure Litecoin will be one of them. A few others will also be adopted, I am not sure which ones however. At this point that is impossible to predict, too many unknowns.

When is the the first block halving likely to happen?

Mjbmonetarymetals

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Quote from: dewdeded on January 01, 2015, 12:49:57 PM

I think this posting by Coblee: “Litecoin Does Not Need Development Right Now” will go down in history final turning point and starting date of LTCs last phase of life, leading to complete project failure and price < 1Ct.

Even now, well known hardcore Litecoiners for the first time don't believe Coblee anymore, they doubt the statement and think its wrong and questioned it in public.
(People that always until this point took als words from Coblee as "undoubtedly messages from god" and NEVER questioned a word he said before and always frenetic defended other controverse statements by Coblee before.)

You seem to be cultivating a little god complex of your own Roll Eyes

dewdeded

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Monero Evangelist

I think this posting by Coblee: “Litecoin Does Not Need Development Right Now” will go down in history final turning point and starting date of LTCs last phase of life, leading to complete project failure and price < 1Ct.

Even now, well known hardcore Litecoiners for the first time don't believe Coblee anymore, they doubt the statement and think its wrong and questioned it in public.
(People that always until this point took als words from Coblee as "undoubtedly messages from god" and NEVER questioned a word he said before and always frenetic defended other controverse statements by Coblee before.)

shanecoins

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Quote from: traderman on January 01, 2015, 12:20:06 PM

It is too early to tell where Litecoin is headed, wait till the first block halving occurs. We are still in the very early stages in this whole crypto game. Bitcoin is paving the way right now, a few alts will follow suit and I am sure Litecoin will be one of them. A few others will also be adopted, I am not sure which ones however. At this point that is impossible to predict, too many unknowns.

you took the words right outer my mouth

traderman

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It is too early to tell where Litecoin is headed, wait till the first block halving occurs. We are still in the very early stages in this whole crypto game. Bitcoin is paving the way right now, a few alts will follow suit and I am sure Litecoin will be one of them. A few others will also be adopted, I am not sure which ones however. At this point that is impossible to predict, too many unknowns.

FandangledGizmo

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Quote from: kelsey on December 31, 2014, 07:31:47 PM

Quote from: FandangledGizmo on December 31, 2014, 03:29:36 PM

Quote from: a fool and his money ... on December 31, 2014, 08:43:54 AM

Quote from: arieq on December 31, 2014, 08:22:06 AM

Quote from: cocales on December 30, 2014, 08:16:32 PM

Guys so predictable we all know the LTC will go up. If there is a coin that I can put my faith in is LTC.

Technically litecoin has lot of advantages but at the moment bitcoin has lot more mass and momentum

both of them are doing horrible.

Bitcoin inflation 10%
Litecoin inflation 30%

it's insanity to expect gains from coins with these errosions

That's crazy. That means Litecoin needs $80 000 in excess new demand per day just to offset the coins being sold by miners at the current CAP. No wonder it can't sustain itself.

$3 million of new demand a month is needed just to sustain its current price. Good luck getting that in a bear market.

lol

Supply demand has easily been meet in the past when new demands was considerably less then happening today. Also you're assuming miners mine and dump daily at any price.

Really? It looks like LiteCoin clearly hasn't been able to sustain its price for a year.

http://coinmarketcap.com/currencies/litecoin/#charts

During the 2014 bear market it's fallen 3X more than Bitcoin which makes sense as it has 3X more inflation...

(Based on the value of coins when mined, LiteCoin has paid miners >$80 million this year.)

kelsey

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Quote from: FandangledGizmo on December 31, 2014, 03:29:36 PM

Quote from: a fool and his money ... on December 31, 2014, 08:43:54 AM

Quote from: arieq on December 31, 2014, 08:22:06 AM

Quote from: cocales on December 30, 2014, 08:16:32 PM

Guys so predictable we all know the LTC will go up. If there is a coin that I can put my faith in is LTC.

Technically litecoin has lot of advantages but at the moment bitcoin has lot more mass and momentum

both of them are doing horrible.

Bitcoin inflation 10%
Litecoin inflation 30%

it's insanity to expect gains from coins with these errosions

That's crazy. That means Litecoin needs $80 000 in excess new demand per day just to offset the coins being sold by miners at the current CAP. No wonder it can't sustain itself.

$3 million of new demand a month is needed just to sustain its current price. Good luck getting that in a bear market.

lol

Supply demand has easily been meet in the past when new demands was considerably less then happening today. You do know demand (and knowledge of cryptos) has and is increasing over time, and you do know about block halvings and the like? Also you're assuming miners mine and dump daily at any price.

kelsey

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Quote from: a fool and his money ... on December 31, 2014, 01:40:53 PM

how is it insaity to believe the inflation is real? I can see it on the blockexplorer. It's very real. This is what you call cold numbers or facts.

yes its real Shocked

one of the few rare examples of a deflationary currencies on the planet and your calling it as inflationary Roll Eyes

as anyone who knows about bitcoin how many bitcoin are there? think you'll find the answer as 21 million, tis the figure the market values bitcoin around.

FandangledGizmo

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Quote from: a fool and his money ... on December 31, 2014, 08:43:54 AM

Quote from: arieq on December 31, 2014, 08:22:06 AM

Quote from: cocales on December 30, 2014, 08:16:32 PM

Guys so predictable we all know the LTC will go up. If there is a coin that I can put my faith in is LTC.

Technically litecoin has lot of advantages but at the moment bitcoin has lot more mass and momentum

both of them are doing horrible.

Bitcoin inflation 10%
Litecoin inflation 30%

it's insanity to expect gains from coins with these errosions

That's crazy. That means Litecoin needs $80 000 in excess new demand per day just to offset the coins being sold by miners at the current CAP. No wonder it can't sustain itself.

$3 million of new demand a month is needed just to sustain its current price. Good luck getting that in a bear market.

a fool and his money ...

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how is it insaity to believe the inflation is real? I can see it on the blockexplorer. It's very real. This is what you call cold numbers or facts.

kelsey

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Activity: 1876

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Quote from: a fool and his money ... on December 31, 2014, 08:43:54 AM

Quote from: arieq on December 31, 2014, 08:22:06 AM

Quote from: cocales on December 30, 2014, 08:16:32 PM

Guys so predictable we all know the LTC will go up. If there is a coin that I can put my faith in is LTC.

Technically litecoin has lot of advantages but at the moment bitcoin has lot more mass and momentum

both of them are doing horrible.

Bitcoin inflation 10%
Litecoin inflation 30%

it's insanity to expect gains from coins with these errosions

actually its insanity to believe that inflation is real. markets all about how the market prices something and I am pretty sure the market prices bitcoin around the perception there is 21 million of them (and in fact all up at the end of the day they'll even be a hell of alot less then that...well usable).

a fool and his money ...

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Activity: 616

Merit: 103

Quote from: arieq on December 31, 2014, 08:22:06 AM

Quote from: cocales on December 30, 2014, 08:16:32 PM

Guys so predictable we all know the LTC will go up. If there is a coin that I can put my faith in is LTC.

Technically litecoin has lot of advantages but at the moment bitcoin has lot more mass and momentum

both of them are doing horrible.

Bitcoin inflation 10%
Litecoin inflation 30%

it's insanity to expect gains from coins with these errosions

arieq

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Activity: 364

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Quote from: cocales on December 30, 2014, 08:16:32 PM

Guys so predictable we all know the LTC will go up. If there is a coin that I can put my faith in is LTC.

Technically litecoin has lot of advantages but at the moment bitcoin has lot more mass and momentum

cocales

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Guys so predictable we all know the LTC will go up. If there is a coin that I can put my faith in is LTC.

blg425

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I think the rate just goes with the BTC crash, because they always seemed to climb and fall the same percentages. Only now BTC is at such a low and there are so many altcoins, people are still getting used to the idea of bitcoin let alone all the altcoins, which LTC has just become part of.

FandangledGizmo

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Quote from: BitcoiNaked on December 30, 2014, 02:04:34 PM

Quote from: FandangledGizmo on December 30, 2014, 03:28:14 AM

Litecoin is dying, that's a sad graph.

I'm a long-term BitShares supporter, my hope is BTS will pass LTC with the release of 1.0 in the next 8 weeks.
Then as I don't consider Ripple a decentralised option that should put BitShares as next in line to Bitcoin assuming PayCoin is a flash in the pan.

That will leave POW very lonely in the top 10, that plus Bitcoin's general decline will make everyone suddenly realise Bitcoin is dead for these reasons https://bitcointalksearch.org/topic/bitcoin-vs-bitusd-by-bitshares-907981 and then hopefully BitShares should pass Bitcoin within the year but maybe much faster than that if the penny drops. That's my hope as a BitShares fan anyway.

wtf is bitshares? o another complicated crap coin nobody is going to use outside the crypto field, bitcoin is already hard enough to get. I say only Bitcoin and some projects/cryptos on top of it making bitcoin better. The rest is all shit, whether its litecoin, dogecoin, dark coin or bitshares

Download the BitShares wallet, after syncing, register an account, (any unused name you want, not some long number mainstream will never use), send yourself some BTS from an exchange which takes seconds and you're good to go.
Already you can buy BitBTC, BitGold, BitSilver or any major currency with the click of a mouse in seconds.
Now you have a decentralised asset backed by an average of 300% BTS collateral.
All done in minutes, no ID, currencies & commodities with 10 second global transactions.
BitShares uses TITAN so every transaction is to a new address, but all you see is the easy to use account name/names you created.

Anyway you'll hear more about it soon enough, 1.0 is round the corner.

You might find BitSharesblocks.com useful lots of live information

BitcoiNaked

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Quote from: FandangledGizmo on December 30, 2014, 03:28:14 AM

Litecoin is dying, that's a sad graph.

I'm a long-term BitShares supporter, my hope is BTS will pass LTC with the release of 1.0 in the next 8 weeks.
Then as I don't consider Ripple a decentralised option that should put BitShares as next in line to Bitcoin assuming PayCoin is a flash in the pan.

That will leave POW very lonely in the top 10, that plus Bitcoin's general decline will make everyone suddenly realise Bitcoin is dead for these reasons https://bitcointalksearch.org/topic/bitcoin-vs-bitusd-by-bitshares-907981 and then hopefully BitShares should pass Bitcoin within the year but maybe much faster than that if the penny drops. That's my hope as a BitShares fan anyway.

wtf is bitshares? o another complicated crap coin nobody is going to use outside the crypto field, bitcoin is already hard enough to get. I say only Bitcoin and some projects/cryptos on top of it making bitcoin better. The rest is all shit, whether its litecoin, dogecoin, dark coin or bitshares

Topic: Litecoin Is NOT Dead (It Is Just Dying A Slow Death) - page 2. (Read 28328 times)