Litecoin is officially dead - page 129.

fewcoins

full member

Activity: 126

Merit: 100

Quote from: MrBig on October 17, 2014, 12:08:00 AM

Quote from: ?? on ??

Quote from: mtwelve on October 16, 2014, 04:43:46 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!

MrBig

sr. member

Activity: 369

Merit: 250

Quote from: ?? on ??

Quote from: mtwelve on October 16, 2014, 04:43:46 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.

Klubknuckle

sr. member

Activity: 285

Merit: 250

Bump for litecoin to the moon....

kingscrown

hero member

Activity: 672

Merit: 500

http://fuk.io - check it out!

LTC to the moon - thats my BUMP

mtwelve

legendary

Activity: 1330

Merit: 1009

Okay that makes sense, so basically take market cap with a grain of salt, eh?

manfred

legendary

Activity: 966

Merit: 1001

Energy is Wealth

Quote from: mtwelve on October 16, 2014, 03:05:20 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

mtwelve

legendary

Activity: 1330

Merit: 1009

But isn't market cap calculated by price of coin * current price per coin?

manfred

legendary

Activity: 966

Merit: 1001

Energy is Wealth

Quote from: mtwelve on October 16, 2014, 12:50:07 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

mtwelve

legendary

Activity: 1330

Merit: 1009

I meant at a market capitalization stand point, as currently it is number two.

manfred

legendary

Activity: 966

Merit: 1001

Energy is Wealth

Quote from: mtwelve on October 16, 2014, 12:07:19 PM

What about ripple guys?

XRP is the opposite what crypto is all about.
There is no such thing as a Ripple coin

mtwelve

legendary

Activity: 1330

Merit: 1009

What about ripple guys?

darkota

hero member

Activity: 770

Merit: 500

Quote from: ChekaZ on October 15, 2014, 01:46:44 PM

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.

ChekaZ

legendary

Activity: 1884

Merit: 1005

Litecoin isnt dead, but they should do anything. - At least the killed DOGE, best move they did since 2013 :d

darkota

hero member

Activity: 770

Merit: 500

Quote from: arieq on October 15, 2014, 03:01:11 AM

Quote from: bajlox on October 15, 2014, 02:40:01 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.

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.

arieq

sr. member

Activity: 364

Merit: 256

Quote from: bajlox on October 15, 2014, 02:40:01 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.

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?

bajlox

full member

Activity: 140

Merit: 100

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.

azguard

legendary

Activity: 1484

Merit: 1001

Crypto-News.net: News from Crypto World

Quote from: anarchyx on October 13, 2014, 05:35:24 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.

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.

anarchyx

hero member

Activity: 480

Merit: 500

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.

5000Bitcoins

full member

Activity: 182

Merit: 100

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.

azguard

legendary

Activity: 1484

Merit: 1001

Crypto-News.net: News from Crypto World

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.

Topic: Litecoin is officially dead - page 129. (Read 290699 times)