Litecoin is officially dead - page 127.

sq

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Quote from: Purple Wayne on October 28, 2014, 04:10:03 AM

Litecoin is far from dead. It's price has been pretty stable and is still worth much more than most of the other alts.

Quote from: azguard on October 28, 2014, 02:27:25 AM

Now coming the holidays all over the world.
By the Christmas price will be stable and i think that several online purchase sites will add paying in crypto.
So i think it will be good, and price might be going up not much but promising.

If they were going to do that they probably would've released the info already. Shops start with their Christmas mode late Oct or early Nov.

yep i agree...

Purple Wayne

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Litecoin is far from dead. It's price has been pretty stable and is still worth much more than most of the other alts.

Quote from: azguard on October 28, 2014, 02:27:25 AM

Now coming the holidays all over the world.
By the Christmas price will be stable and i think that several online purchase sites will add paying in crypto.
So i think it will be good, and price might be going up not much but promising.

If they were going to do that they probably would've released the info already. Shops start with their Christmas mode late Oct or early Nov.

07Ghost

newbie

Activity: 51

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Quote from: azguard on October 28, 2014, 02:27:25 AM

Now coming the holidays all over the world.
By the Christmas price will be stable and i think that several online purchase sites will add paying in crypto.
So i think it will be good, and price might be going up not much but promising.

Why do you think that???

Oscilson

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Quote from: azguard on October 28, 2014, 02:27:25 AM

Now coming the holidays all over the world.
By the Christmas price will be stable and i think that several online purchase sites will add paying in crypto.
So i think it will be good, and price might be going up not much but promising.

We need a payment platform.

azguard

legendary

Activity: 1484

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Crypto-News.net: News from Crypto World

Now coming the holidays all over the world.
By the Christmas price will be stable and i think that several online purchase sites will add paying in crypto.
So i think it will be good, and price might be going up not much but promising.

Oscilson

sr. member

Activity: 434

Merit: 250

Quote from: devphp on October 27, 2014, 08:21:45 AM

Quote from: Balls on October 27, 2014, 08:02:45 AM

Both fiat and Litecoin are only worth something because people believe they are worth something. Clearly both are of worth, but that could both change in the future.

You can say that about anything that doesn't have intrinsic value (something that can be used for its own properties), including Bitcoin. Demand drives price, not the cost of mining. That's the point I make here.

The usefulness is most important.

devphp

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Activity: 336

Merit: 260

Quote from: Balls on October 27, 2014, 08:02:45 AM

Both fiat and Litecoin are only worth something because people believe they are worth something. Clearly both are of worth, but that could both change in the future.

You can say that about anything that doesn't have intrinsic value (something that can be used for its own properties), including Bitcoin. Demand drives price, not the cost of mining. That's the point I make here.

Balls

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Quote from: devphp on October 27, 2014, 06:35:29 AM

Quote from: o0‡0o on October 27, 2014, 06:19:30 AM

Hmm, i wonder why you in crypto and talk about the worthless fiat

Fiat is not worthless literally while you can still buy something with it and while the cost to produce fiat is below its purchasing power. The laws of supply and demand, and price discovery coming out of those work the same, be it fiat, crypto or commodity based money.

Both fiat and Litecoin are only worth something because people believe they are worth something. Clearly both are of worth, but that could both change in the future.

devphp

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Activity: 336

Merit: 260

Quote from: o0‡0o on October 27, 2014, 06:19:30 AM

Hmm, i wonder why you in crypto and talk about the worthless fiat

Fiat is not worthless literally while you can still buy something with it and while the cost to produce fiat is below its purchasing power. The laws of supply and demand, and price discovery coming out of those work the same, be it fiat, crypto or commodity based money.

o0‡0o

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Have faith.

Quote from: devphp on October 27, 2014, 05:45:55 AM

Quote from: o0‡0o on October 27, 2014, 05:42:37 AM

If you are paying hundreds or even thousands of percent above production cost on a new product you getting ripped off, no ifs no buts.

It costs a cent or two to produce a $100 or 500-euro bank note. Now calculate how much percent that bank note is over production cost. Demand is the keyword.

Hmm, i wonder why you in crypto and talk about the worthless fiat

devphp

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Activity: 336

Merit: 260

Quote from: o0‡0o on October 27, 2014, 05:42:37 AM

If you are paying hundreds or even thousands of percent above production cost on a new product you getting ripped off, no ifs no buts.

It costs a cent or two to produce a $100 or 500-euro bank note. Now calculate how much percent that bank note is over production cost. Demand is the keyword.

o0‡0o

full member

Activity: 227

Merit: 103

Have faith.

Quote from: devphp on October 27, 2014, 03:40:34 AM

Quote from: johny08 on October 27, 2014, 03:36:54 AM

the price of ltc is heading down to $1.5, because mining getting more and more cheaper. Thats the fate of all Asics currencies. I estimate $2.5 in dec14 and $1.5 in april/june15.

The price of LTC heading south has nothing to do with the cost of mining. Same as any other coin. The price depends on demand only.

If you are paying hundreds or even thousands of percent above production cost on a new product you getting ripped off, no ifs no buts.

devphp

sr. member

Activity: 336

Merit: 260

Quote from: johny08 on October 27, 2014, 03:36:54 AM

the price of ltc is heading down to $1.5, because mining getting more and more cheaper. Thats the fate of all Asics currencies. I estimate $2.5 in dec14 and $1.5 in april/june15.

The price of LTC heading south has nothing to do with the cost of mining. Same as any other coin. The price depends on demand only.

Wolf0

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It was only the wind.

Quote from: Xdragon on June 20, 2014, 02:16:47 AM

DRK and XMR are next stop for GPU miners

Yep, I'm on X11.

johny08

legendary

Activity: 1045

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the price of ltc is heading down to $1.5, because mining getting more and more cheaper. Thats the fate of all Asics currencies. I estimate $2.5 in dec14 and $1.5 in april/june15.

azguard

legendary

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Crypto-News.net: News from Crypto World

Quote from: sidhujag on October 24, 2014, 11:58:41 AM

Quote from: Its About Sharing on October 24, 2014, 09:05:18 AM

Well, LTC is following BTC down pretty much and I do think there will be a coin to overtake LTC in time, probably an anonymous coin or something that really adds value.

However, with that said, we need to consider that LTC has a very strong network and 2.0 coins that ride shotgun on BTC, like Counterparty, can always use the LTC network
as well (heard this on LTBTC podcast). So, I may not see LTC as being successful the way we know it to be, but I do think it might still take off once this bear market ends...

Only marketcap that will be higher is bitshares.. ripple is a scam imo so top 3 will be btc bitshares and ltc

LTC never let me down in past year and little more. I can always count on him.
Reason is simple you can always count this when btc is falling ltc is falling and other way around.

So for me LTC is prime for market and he never let me down.

For bishares there is promising future so i will keep my eye on it.

sidhujag

legendary

Activity: 2044

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Quote from: Its About Sharing on October 24, 2014, 09:05:18 AM

Well, LTC is following BTC down pretty much and I do think there will be a coin to overtake LTC in time, probably an anonymous coin or something that really adds value.

However, with that said, we need to consider that LTC has a very strong network and 2.0 coins that ride shotgun on BTC, like Counterparty, can always use the LTC network
as well (heard this on LTBTC podcast). So, I may not see LTC as being successful the way we know it to be, but I do think it might still take off once this bear market ends...

Only marketcap that will be higher is bitshares.. ripple is a scam imo so top 3 will be btc bitshares and ltc

sidhujag

legendary

Activity: 2044

Merit: 1005

Quote from: Xdragon on June 20, 2014, 02:16:47 AM

DRK and XMR are next stop for GPU miners

Whocares about miners network is secure and its letting ltc network affect take its next steps.

Its About Sharing

legendary

Activity: 1442

Merit: 1000

Antifragile

Well, LTC is following BTC down pretty much and I do think there will be a coin to overtake LTC in time, probably an anonymous coin or something that really adds value.

However, with that said, we need to consider that LTC has a very strong network and 2.0 coins that ride shotgun on BTC, like Counterparty, can always use the LTC network
as well (heard this on LTBTC podcast). So, I may not see LTC as being successful the way we know it to be, but I do think it might still take off once this bear market ends...

fewcoins

full member

Activity: 126

Merit: 100

Quote from: 1echo on October 21, 2014, 10:50:36 PM

LTC will never die dewds!

LTC is already dead....... wake up

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