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Topic: Litecoin is officially dead - page 129. (Read 290714 times)

full member
Activity: 126
Merit: 100
October 17, 2014, 03:22:23 PM
Okay that makes sense, so basically take market cap with a grain of salt, eh?

Considering how its worse distributed than Bitcoin, yep

http://www.litecoinrichlist.com/

Wow, I never knew the top 3 addresses hold 25% of the LTC mined so far.

Yes sir! Wait until they all drop it... You fools who are throwing money into LTC are contributing to the Ponzi scheme.  Cry Horrible. GLTA!
sr. member
Activity: 369
Merit: 250
October 16, 2014, 11:08:00 PM
Okay that makes sense, so basically take market cap with a grain of salt, eh?

Considering how its worse distributed than Bitcoin, yep

http://www.litecoinrichlist.com/

Wow, I never knew the top 3 addresses hold 25% of the LTC mined so far.
sr. member
Activity: 285
Merit: 250
October 16, 2014, 10:50:53 PM
Bump for litecoin to the moon....
hero member
Activity: 672
Merit: 500
http://fuk.io - check it out!
October 16, 2014, 09:29:31 PM
LTC to the moon - thats my BUMP Smiley
legendary
Activity: 1330
Merit: 1009
October 16, 2014, 03:43:46 PM
Okay that makes sense, so basically take market cap with a grain of salt, eh?
legendary
Activity: 966
Merit: 1001
Energy is Wealth
October 16, 2014, 02:51:24 PM
But isn't market cap calculated by price of coin * current price per coin?
Yes number of available coins * price per coin.
What happened BitsharesX has overtaken them on marketcap and they did not like to get past down the rank so they went to the old trickery book and changed the available number from 8bil to 28bil. Of course there where not 20bil sold at an instant in fact not even the 8bil from before where all sold, so there marketcap was "wrong" to start with. The total sold is somewhere in the millions to date. In this case the correct way to calculate marketcap would be sold coins * price per coin but he wait that is wrong as well because they set the price. If you control the coins its not a free market unlike ever other coin.
Overall they are literately worse than the FED
legendary
Activity: 1330
Merit: 1009
October 16, 2014, 02:05:20 PM
But isn't market cap calculated by price of coin * current price per coin?
legendary
Activity: 966
Merit: 1001
Energy is Wealth
October 16, 2014, 12:42:22 PM
I meant at a market capitalization stand point, as currently it is number two.

Doge and XRP both have 100B total supply more or less, look at the price:
XRP  $ 0.004808
Doge $ 0.000254

 
legendary
Activity: 1330
Merit: 1009
October 16, 2014, 11:50:07 AM
I meant at a market capitalization stand point, as currently it is number two.
legendary
Activity: 966
Merit: 1001
Energy is Wealth
October 16, 2014, 11:24:59 AM
What about ripple guys?
XRP is the opposite what crypto is all about.
There is no such thing as a Ripple coin

legendary
Activity: 1330
Merit: 1009
October 16, 2014, 11:07:19 AM
What about ripple guys?
hero member
Activity: 770
Merit: 500
October 16, 2014, 08:51:03 AM
Litecoin isnt dead, but they should do anything. - At least the killed DOGE, best move they did since 2013 :d

Dogecoin is doing far better than Litecoin.
legendary
Activity: 1884
Merit: 1005
October 15, 2014, 12:46:44 PM
Litecoin isnt dead, but they should do anything. - At least the killed DOGE, best move they did since 2013 :d
hero member
Activity: 770
Merit: 500
October 15, 2014, 11:15:19 AM
Price on btc is up.
So price on ltc will go up.

Just hope to see it like last year have some ltc but i will sell it if i see price hear last year.


I can see that ltc/btc trend looks good, but LTC is not going any higher than a little over $4, maybe the ratio means bitcoin got a lot further to fall?

It's that Litecoin isn't tied to Bitcoin anymore. Litecoin's been falling constantly while Bitcoin rose. It doesn't follow Bitcoin during it's price increases.
sr. member
Activity: 364
Merit: 256
October 15, 2014, 02:01:11 AM
Price on btc is up.
So price on ltc will go up.

Just hope to see it like last year have some ltc but i will sell it if i see price hear last year.


I can see that ltc/btc trend looks good, but LTC is not going any higher than a little over $4, maybe the ratio means bitcoin got a lot further to fall?
full member
Activity: 140
Merit: 100
October 15, 2014, 01:40:01 AM
Price on btc is up.
So price on ltc will go up.

Just hope to see it like last year have some ltc but i will sell it if i see price hear last year.

legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
October 15, 2014, 12:44:57 AM
I don't actually hold much litecoin, but I agree that it will go up at some point.  Bitcoin will pull it along, and many merchants see Litecoin as a #2 coin.  There are many merchants that will take only bitcoin and litecoin still.   

Seem like btc is going up again slowly. This mean that all alt fill follow.

So we can expect for price to go high.

How high we will see.
hero member
Activity: 480
Merit: 500
October 13, 2014, 04:35:24 PM
I don't actually hold much litecoin, but I agree that it will go up at some point.  Bitcoin will pull it along, and many merchants see Litecoin as a #2 coin.  There are many merchants that will take only bitcoin and litecoin still.   
full member
Activity: 182
Merit: 100
October 13, 2014, 06:36:34 AM
It's a speculation and minings project, not too much community effort, once had a 51% network.

It's big and has gained exposure due to being second to Bitcoin, and a target for miners, aswell as having others build their code off litecoin.

I think it will stay, even surge in value overtime, regardless of community effort or usefulness due to being attractive to margin traders and other large holders of bitcoin, as it is easier to manipulate than bitcoin, and is unlikely to drop significantly more in value, or go away as people tend to value networks uptime into their equation. Also counting in the fact of uptime, analyzing can easily be done to earlier surges and and drops in correlation to bitcoin, which also adds another element of belief when it goes up or down as people can predict this becoming a self fulfilling prophecy. 
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
October 13, 2014, 05:43:52 AM
Seem like ltc will double his value by end of year or maybe more.
Seem like they pump ltc slowly so one notice this may be good thing.
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