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Topic: Litecoin is officially dead - page 120. (Read 290714 times)

sr. member
Activity: 462
Merit: 250
January 13, 2015, 04:54:13 AM
yeah, LTC is quick transfer.   better than btc i think.

we will see.
What a joke. Lots of altcoin transfer fast than LTC.
member
Activity: 100
Merit: 10
January 13, 2015, 12:34:36 AM
yeah, LTC is quick transfer.   better than btc i think.

we will see.

So are 500+ other altcoins. Shit reason.
hero member
Activity: 770
Merit: 500
January 12, 2015, 07:32:19 PM

The problem is that LTC is not ASIC resistant and barely any sort of improvement over BTC. The sharper people will continue to get out while the price steadily goes down. Leaving a bunch of true believing bag holders in the end. I ask though, what makes anyone think LTC will break away?

Bitshares has 10 second block confirms which blows away LTC.  The dilution they added has put them in a spot to continue improvement on their blockchain.

Maidsafe will be a new anti-censorship internet.

Ethereum will bring about smart contracts.

Do yourself a favor and divest from LTC into BitShares, MaidSafe, or Ethereum if possible.

true true.
sr. member
Activity: 405
Merit: 250
January 12, 2015, 05:57:29 PM

The problem is that LTC is not ASIC resistant and barely any sort of improvement over BTC. The sharper people will continue to get out while the price steadily goes down. Leaving a bunch of true believing bag holders in the end. I ask though, what makes anyone think LTC will break away?

Bitshares has 10 second block confirms which blows away LTC.  The dilution they added has put them in a spot to continue improvement on their blockchain.

Maidsafe will be a new anti-censorship internet.

Ethereum will bring about smart contracts.

Do yourself a favor and divest from LTC into BitShares, MaidSafe, or Ethereum if possible.
member
Activity: 70
Merit: 10
January 12, 2015, 06:34:22 AM
yeah, LTC is quick transfer.   better than btc i think.

we will see.
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
January 11, 2015, 08:01:05 PM
Still using LTC to transfer funds between exchangers, since it is quick. And secondary reason for that transfer not to end up onto the BTC ledger, which is allready to huuge anyways.

But that's it. I would not dare to hodle a coin with such a huge POW imposed inflation. Did you ever calculated that up as a yearly inflation?! Numbers are horrible.
sr. member
Activity: 336
Merit: 250
January 11, 2015, 07:53:22 PM

If we all don't come together to buy bitcoin and not bullshit alt coins then none of these coins will exist soon  Cry

Not true. Bitcoin is a black hole for your money. There is no sense in buying it as it constantly looses value due to inflation. Litecoin is just worse that's why it even make less sense to buy right now.

We should all stop supporting inflationary currency at least until their inflation is smaller. Inflation doesn't make sense.

Buy bitcoin and litecoin not before year 2020 if you like profit.

You sound like a guy who enjoys buying a bag of 100% pre-mined coins.

"Hey dude, my new coin is going to be awesome. 100 million max supply, all of which are in my vault. I'll give you 1,000 of them for each of your bitcoins. Be an early adopter, get rich like people did with bitcoin."
legendary
Activity: 1876
Merit: 1000
January 11, 2015, 07:29:39 PM

If we all don't come together to buy bitcoin and not bullshit alt coins then none of these coins will exist soon  Cry

Not true. Bitcoin is a black hole for your money. There is no sense in buying it as it constantly looses value due to inflation. Litecoin is just worse that's why it even make less sense to buy right now.

We should all stop supporting inflationary currency at least until their inflation is smaller. Inflation doesn't make sense.

Buy bitcoin and litecoin not before year 2020 if you like profit.

not the stupidest post i've read on btt,  but not a hell of a long way off it  Roll Eyes
member
Activity: 84
Merit: 10
January 11, 2015, 05:43:28 PM

If we all don't come together to buy bitcoin and not bullshit alt coins then none of these coins will exist soon  Cry

Not true. Bitcoin is a black hole for your money. There is no sense in buying it as it constantly looses value due to inflation. Litecoin is just worse that's why it even make less sense to buy right now.

We should all stop supporting inflationary currency at least until their inflation is smaller. Inflation doesn't make sense.

Buy bitcoin and litecoin not before year 2020 if you like profit.
sr. member
Activity: 280
Merit: 250
January 11, 2015, 03:26:39 PM
Yep. Dead.

The BTC market cap is artifically high as a result.
full member
Activity: 126
Merit: 100
January 11, 2015, 02:46:55 PM
I have been saying Litecoin is dead since it hit $10... It really shouldn't be more than pennies! No buyers and way too much supply

Hopefully you guys have been shorting it down since I made this post, I am sure some people listened and made good money... for others, It isn't too late!! Short it to pennies where it belongs! Everyone is selling this for Bitcoin anyway.

If we all don't come together to buy bitcoin and not bullshit alt coins then none of these coins will exist soon  Cry
sr. member
Activity: 336
Merit: 250
January 11, 2015, 12:32:10 AM
If you go on the LTC forums you'll see nothing but scams, there really is no litecoin community. The coin was created for those that missed the boat with Bitcoin.

Think of how many bagholders there are, they will all be desperate to unload if there was ever a recovery in price. That's why you never see an alt coin recover after a pump and dump, too many bagholders praying for a chance to unload their bags if the price shows even a little bit of life the bagholders will dump into it.

 The ones who got the coin to $40 last year already cashed out long ago dumping on all the noobs, creating new bagholders all year as the price has plummeted. Those bagholdes are an anchor on the price. It's impossible for the price to come back when the bagholders will sell into any buying, accept it litecoin is shit and dead. Wish I knew that when I saw this thread in June, I was thinking LTC is a legit coin and the price will recover..I was delusional, it was a shit coin created for those who missed the BTC boat to get a second chance to cash in, and they did.

Anyone wanna buy a Titan from a former bagholder  Grin

You used the word bagholder seven times in your post. Overkilll don't ya think?

Considering the current state of Litecoin, mockery should be replaced by pity.
legendary
Activity: 1722
Merit: 1004
January 10, 2015, 10:56:51 PM
... it was a shit coin created for those who missed the BTC boat...


You just described 99% of alts. Maybe more.

FWIW, I think Charles Lee created Litecoin out of genuine technical interest. It was the subsequent bunch of fools, pumpers, and charlatans who drove its price and absurd rhetoric.

hero member
Activity: 835
Merit: 1000
There is NO Freedom without Privacy
January 10, 2015, 09:25:33 PM
If you go on the LTC forums you'll see nothing but scams, there really is no litecoin community. The coin was created for those that missed the boat with Bitcoin.

Think of how many bagholders there are, they will all be desperate to unload if there was ever a recovery in price. That's why you never see an alt coin recover after a pump and dump, too many bagholders praying for a chance to unload their bags if the price shows even a little bit of life the bagholders will dump into it.

 The ones who got the coin to $40 last year already cashed out long ago dumping on all the noobs, creating new bagholders all year as the price has plummeted. Those bagholdes are an anchor on the price. It's impossible for the price to come back when the bagholders will sell into any buying, accept it litecoin is shit and dead. Wish I knew that when I saw this thread in June, I was thinking LTC is a legit coin and the price will recover..I was delusional, it was a shit coin created for those who missed the BTC boat to get a second chance to cash in, and they did.

Anyone wanna buy a Titan from a former bagholder  Grin
legendary
Activity: 924
Merit: 1000
January 10, 2015, 02:21:35 PM
Opinions on if Litecoin is dead or not ....may vary, but question is how long can it sustain the pressure of continuous dumps ?

In the abstract, that depends on how much buying pressure there is.

But right now, I have to say that it ain't.
hero member
Activity: 770
Merit: 500
January 10, 2015, 01:37:57 PM
Opinions on if Litecoin is dead or not ....may vary, but question is how long can it sustain the pressure of continuous dumps ?
3x2
legendary
Activity: 1526
Merit: 1004
January 10, 2015, 01:32:53 PM
LTC today 1.65USD  Shocked NXT,NEM and NODE like coins are the future.
full member
Activity: 148
Merit: 100
January 10, 2015, 01:32:32 PM
LTC forgotten  no way Jose............
sr. member
Activity: 1330
Merit: 289
January 10, 2015, 01:31:50 PM

Dogecoin has more community support than all altcoins combined.

And that say it all. Funny how the people who sneer at Dogecoin, and also repeat the mantra that the endgame for Bitcoin & other cryptos is widespread use, can't figure out that a coin won't be widely used unless there's huge community support for it.

 Wink
legendary
Activity: 924
Merit: 1000
January 10, 2015, 12:58:41 PM

Dogecoin has more community support than all altcoins combined.

And that say it all. Funny how the people who sneer at Dogecoin, and also repeat the mantra that the endgame for Bitcoin & other cryptos is widespread use, can't figure out that a coin won't be widely used unless there's huge community support for it.
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