Litecoin is officially dead - page 136.

johnnyrocket

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Quote from: darkota on September 07, 2014, 08:49:10 PM

Quote from: grappa_barricata on September 07, 2014, 12:01:22 PM

Quote from: RussiaCoinDotInfo on September 05, 2014, 11:04:54 AM

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

This point is kind of weak... i mean you can buy a fraction of bitcoin and here you go.

Exactly, they fill no niche market. Maybe Dogecoin did since it was used as a tipping currency, but Litecoin is simply a Bitcoin clone aka the first shitcoin.

The Litecoin is "silver" to Bitcoin as "gold" has always been a silly argument to me, since Bitcoin can be as little as one satoshi (0.00000001 BTC => currently worth US$0.00000477). It is hard to imagine a scenario where you actively need values less than that, although at times transaction fees on Bitcoin can be an issue on small amounts. Service-level wallets are an easy solution to that point though.

darkota

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Quote from: grappa_barricata on September 07, 2014, 12:01:22 PM

Quote from: RussiaCoinDotInfo on September 05, 2014, 11:04:54 AM

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

This point is kind of weak... i mean you can buy a fraction of bitcoin and here you go.

Exactly, they fill no niche market. Maybe Dogecoin did since it was used as a tipping currency, but Litecoin is simply a Bitcoin clone aka the first shitcoin.

grappa_barricata

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playing pasta and eating mandolinos

Quote from: RussiaCoinDotInfo on September 05, 2014, 11:04:54 AM

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

This point is kind of weak... i mean you can buy a fraction of bitcoin and here you go.

Bitcoin Fiction

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Activity: 138

Merit: 10

Quote from: DooMAD on September 05, 2014, 12:45:25 PM

Quote from: RussiaCoinDotInfo on September 05, 2014, 11:04:54 AM

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

I'd hardly call that a niche, there are thousands of coins that you can get cheaper than BTC. You've just described every altcoin in existence, heh. Rather than just being cheap, why not look for a coin that serves an actual purpose? Lots of coins now have, or will soon have, features like asset exchange AND are still cheaper than Bitcoin. What new features does Litecoin have in the development pipeline? Does it even have a development pipeline?

interesting point of view.

From one hand,I agree that if altcoin would like to live long term it's better to serve a purpose, now there a plenty of altcoins that are cheap and good only in a manner to mine it asap and sell it to BTC. And from another hand, it's really difficult to create a coin with features that would make it popular and liquid. There are disputes about features that good coin should have and probably this dispute will never end

Morguk

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Kinda funny that I can see a future where doge outlives litecoin lol. I used to be a big supporter of LTC, but it doesn't have anything special anymore. BTC has the media and all the other alts have the features. So long LTC.

blablaace

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it's already dying couple months Tongue

DonQuijote

legendary

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♠ ♥ ♣ ♦ < ♛♚&#

Asic kill scrypt-coins
They dump the price

DooMAD

legendary

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Leave no FUD unchallenged

Quote from: RussiaCoinDotInfo on September 05, 2014, 11:04:54 AM

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

I'd hardly call that a niche, there are thousands of coins that you can get cheaper than BTC. You've just described every altcoin in existence, heh. Rather than just being cheap, why not look for a coin that serves an actual purpose? Lots of coins now have, or will soon have, features like asset exchange AND are still cheaper than Bitcoin. What new features does Litecoin have in the development pipeline? Does it even have a development pipeline?

zadiume

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Quote from: RussiaCoinDotInfo on September 05, 2014, 11:04:54 AM

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

Im not sure yet about this. Why not just buy smaller amount of BTC? Huh

RussiaCoinDotInfo

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Any ideas?

Litecoin and Dogecoin fill a niche market for purchasing coins with small values - Like a silver and bronze (copper?) to Bitcoin's gold.

BIT-Sharon

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What do you mean by "Officially"? How about actually?

Only4money

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Quote from: Skele on September 05, 2014, 01:42:32 AM

Litecoin offers nothing new but is far from dead.. bag holders are not selling so easily and its still in second place on market cap.

And it'll eventually keep it's position intact in future.

Skele

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VocalPlatform.com

Litecoin offers nothing new but is far from dead.. bag holders are not selling so easily and its still in second place on market cap.

Henrietta.UK

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depends on the graphic LTC is dropping and some big whales treat LTC as their toys. Huh

futurebit640

hero member

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LTC graphics and look great with BTC in the beginning, in 1 year we will know if'll be dead

Winner

legendary

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Look ARROUND!

I see that it went up to $4.70 atm

Winner

legendary

Activity: 1190

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Look ARROUND!

I have a feeling that litecoin might reach $3.50 because of the btc drop

darkota

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Quote from: Capitan Cook on September 01, 2014, 08:28:34 PM

it 's still living
but dieing slowly

Dropping over 1000% in price since November with no upswings isn't "dying slowly" Grin

Melbustus

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Quote from: ?? on ??

...
Litecoin...Tell me again how it's dead or dying?
...

Quote from: ?? on ??

...bitcoins. That's the only coin the whales are really after.

I think you figured it out right there.

Capitan Cook

newbie

Activity: 53

Merit: 0

it 's still living
but dieing slowly

Topic: Litecoin is officially dead - page 136. (Read 290714 times)