Topic: Litecoin Is NOT Dead (It Is Just Dying A Slow Death) - page 21. (Read 28336 times)

Here we go again, thank you for your competent opinion

p.s. The topic is an interesting read

Well said.

Ok i will read when I get a chance, just asking a question, I will gain more insight first

Sorry, dude. But go back and read again. You missed the point completely.

Bit much to read

could this also be said about btc at a time it had a similar marketcap

I have never been concerned about this new algo or this new fearure, I just want a coin that works, has adoption and a strong network

And so far that is btc and ltc

One day businesses will be able to have a cryptocurrency of choice

El Dude,

people raise valid concerns, and you are not helping newbies convincing them to invest into a depreciating coin.

+1

Extremely good point.

IPO's are the future of coin distribution..

Ya keep being a sockpupet everyone knows NXT and ipo coins are garbage.

NXT is the future of crypto. 1000000x better than Litecoin could ever dream of being.

Comparing NXT to Litecoin is like comparing Superman to a squirrel.

Dakota and Devphp are obvious paid NXT sockpupets who think their shitty ipo nxt will overtake litecoin won't happen no matter how hard they try.

Thanks Alienesb...that thread shows every post Darkota the troll deleted.

Darkota...You seem quiet...shhhhh

You guys are silly. Just go here to see an unredacted thread: https://bitcointa.lk/threads/litecoin-is-officially-dead.331214/

Knowledge is power.

lol says mr delete anyone elses' apposing view, why not just stay in your own little self moderated thread where you can listen to those who only agree with you all day long makes for a happier world don't it 

If you don't see use cases of innovations, that's your short-sightedness, not a coin's fault.
Bitcoin has money store and transfer function covered pretty good making all other coins obsolete in that aspect.
They have to innovate to compete or die out. If they add enough useful functions, some (more and more) people will change the habit of storing money in Bitcoin and switch to that other coin which has other useful functions that they can use without exchanging from Bitcoins first.

You obviously have no idea what you're talking about.

Anon coins aren't a small niche group, in case you don't know, Bitcoin is the most transparent money payment system on Earth...I know a lot of business owners who dont use Bitcoin because of its transparency..

Anon in coins is the future of crypto. Denying that will only get you left behind.

Investors with proper money don't fall for the latest anon scam pump and dump coins, anymore then they fell for the last waves of country coins, animal coins, or meme coins, all get a few minutes of fame and the sheep follow.....

sure from time to time the latest pump coins could displace ltc on the old pump charts vs USD but its always short lived. anon coins are for a small niche group and any serious investor would avoid them


people rave on about so called innovative alts around here but all are just innovation for the sake of innovation without any must have benefit in the real world and worse still, most fail the KISS principle of average joe acceptance, hell bitcoins hard enough to get average joes head around.

Lol there are seen some professional trolls around but surely no-one can pay for the garbage you produce

Saigonsmokes obviously likes posting pictures and graphs without further thinking of their meaning.

Yes, volume is good. But all it means is that miners are dumping continuously to recoup their expenses, the same thing is happening to Doge by the way, except Doge will reach a smaller inflation rate by the end of the year than Litecoin, its inflation rate goes down with each halving and it's already hit rock bottom price, and from here it is starting its ascent to meet Litecoin market cap.

On the difference between PoW and PoS currencies.

PoW miners have to dump constantly to regain their electricity expenditures and recoup their hardware investment. That's where you see the volume, miners are selling all the time.

In PoS there are no electricity expenditures, the initial invesments made by IPO stakeholders have been recouped, so they only sell when they need some cash for life.

In PoW miners need both to recoup their hardware/electricity expenses + cash for life. So in PoW currencies the volume is larger, naturally, apart from the fact that PoW is more known and recognized and investors prefer to buy something that has been around for years. But that's temporary too, when PoS will have stayed around for years, they will switch en mass, because they don't care if it's PoW or PoS as long as the price goes up.

That's in short why high volume in LTC doesn't make it less dying than it is. Miners mine for profit and dump on suckers, who hope that a coin without active devs will take off. The proof is simple: price trend is down on very good volume, not up.

And some bitcoin<->litecoin coin shuffling is going on, it seems, which adds to the volume.