Topic: Litecoin is officially dead - page 70. (Read 290726 times)

Litecoin will always ahve the special aura of being the original altcoin. That right there is a selling point that can never be taken away from it, which is why I think it will always have some value, it will never be dead (dead = 0 dollars). There will always be people trading it.

OMG, just another 3 days!!1!

it ws top 3 before so it's definitely not in a very good shape, and it has lost quite a big portion of its original marketcap, only because it's still in top it does not mean that is a good coin

That is right. The litecoin is still one of the top 10 market capitalisation coin at the moment. That is good achievement.

Very bad 2 year predictions, reminds me not to listen to the salty FUD here.

Got one or two exchanges showing $4.07 LTC and all others $3.85 wth?

Pump damn it!

arise chikin

i assume that litecoin is currently highly undervalued.i really hope that the price increases,from the current situation it looks like a dead coin and when it comes to virtual currency i would like to see bitcoin as gold and litecoin as silver and the rest of the coins will take its place after that,but years down the line,litecoin has just went down.

The litecoin price is quite stable at the moment. That could be a quiteness before a storm. The price could rise soon.

Is Litecoin dead yet? Maybe you guys should come up with a different term instead of dead? It makes you appear as if you don't know the definition. Seems ironic that the legacy banking system refers to Bitcoin as dead while Bitcoin maximalists refer to ALL altcoins as dead. Hmm... I find that odd.

OH WAIT, legacy banking is afraid of Bitcoin due to the potential for an overthrow of power and Bitcoin fears this same possibility from an altcoin...

This literally could occur in a 48 hour period considering how fast things move in the crypto world...

Goes to show they (maximalists) care less about the fundamentals or freeing humanity and care more about profits/control.

I say let the free market do its thaaaang and let the people decide which coins take center stage

still here no one can understand that if coin is dead then price is 1 satoshi i repeat 1 satoshi
litecoin current price is 0.00628644 which is far from 1 in little less the 4$ per coin

again far from dead

If i saw at here https://coinmarketcap.com/ litecoin is not dead, still there is valuable in litecoin,big volume trading,the is stable, litecoin has big comunity too. If litecoin is dead should there is not litecoin on markets.

What??officially dead? Really? I think litecoin is good coin. And why this can be dead?

You appear to be stuck on the "average joe" argument.

The average joe doesn't give a crap about Bitcoin nor litecoin nor Monero. Maybe ....just maybe one day they will care about crypto. But blindly throwing them a currency to use without knowing the repercussions of using such a transparent crypto is setting them up for failure. Look at how many users thought that bitcoin was anonymous/private.

If privacy is not something that deserves attention/solution and is merely "a solution looking for a problem " (as you put it), please post all of your bank statements online for us to see.

I also suppose you use the restroom with glass walls for all to see what you do? Let's be real, privacy is an inherent right of all humans who wish to have it (finanace, personal, or other).

Not having financial privacy can be dangerous in different ways:

1. It is not a good thing for competitors to see how you pay your employees, your vendors.

2. If you are wealthy you can be a target for harm to be done to you or your family.

Monero solves the blacking listing possibility with Bitcoin/Litecoin etc. If a theft/hack happens where coins are stolen and exchanges (like coinbase) start to either reject exchanging your coins or holding them hostage given they are traceable back to a theft in those coins' past, would you not consider that a problem that may need a solution?

I would think so, all units of a crypto should be fungible on the socio-economical level and not decipherable based on "chainalysis", which is something that is coming to fruition with public blockchains like bitcoin and litecoin.

I'm sure there are other problems that exist that privacy solves that isn't just as you put it "privacy is a solution looking for a problem".

I agree not everyone values their privacy as much as others. But you cannot call a privacy enhancing crypto coin, a "gimmick" as if it is some sort of cosbycoin, BBQcoin, etc that is trying to sell something.

There is no gimmick when it comes to monero, and to say such is in my opinion ignorant. But I digress, to each his own, obviously you have your own views and goals that are not exactly aligned to what I am speaking to.



Privacy is up to an individual, but it is also the tools that such an individual utilizes which allows them to have privacy.

i.e. a door, a safe, a wall, ENCRYPTION,  cryptography etc.

Monero is just a tool just like those things. Otherwise everyone would be living in glass houses and all banking information would be plastered on the internet for all to see.

The reviews are just great for LTC and I think it will go further up but interested to know on which other coins are worth investing and may compete with LTC?

LTC is easily one of the most undervalued coins.

I have to say, I used to be in the boat of "10minutes is plenty fast enough" and to be fair it is WAY faster/better than a normal banking system where you wait days for a transfer to be processed however in todays 'instant' world, 10min is not fast enough.
I even was in the "zero confirmations" boat for awhile but its my understanding that if you dont include a large enough fee that the transaction may never be included in a block - I used to think it would eventually be included even with no fee, it would just take awhile. I could still be wrong on this area tho.

My point being, I used to side with Bitcoin.... until I used something better... something faster... Litecoin.

Bitcoin may still have its advantages but once you actually start to use the two and start to see the differences, Litecoin is just so much faster and easier to work with.


I currently run 4 full nodes as well as mine, so Litecoin is far from dead and not going away anytime soon.


To Da MOOOOOOON!

Having used both bitcoin and litecoin that faster block time is a significant improvement. I like bitcoin too, just stating a fact. Here's an updated list of things I like about litecoin.

• Capable of four times as many transactions as Bitcoin in a ten minute period. Frankly if payment processors had adopted Litecoin in the past year current Bitcoin block discussions would be irrelevant (and likely the price of both coins higher). Anyone who has watched these discussions understands the immediate advantage of a network with larger transactional capability.  
• Faster confirmation times. The only people who don't think this is important have never spent a single coin or they have patience that the average person does not possess.
• The faster block time of litecoin reduces the risk of double spending attacks.
• Anti-spam.
• Fast well established network. Current Hashrate is 1,643 GH/s. Since scrypt is memory intensive it is known to be approximately 1000 times slower hardware wise in comparison to SHA256. Fair comparison to the Bitcoin network requires multiplying that hashrate by 1000 (1,643 TH/s). The fact is for most of Litecoins history the hashrate has been relatively high and secure. Those comparing it to the Bitcoin network without considering this 1k factor are either being disingenuous or just ignorant of the facts.
• Continuous development look here at number of releases in past year: https://github.com/litecoin-project/litecoin/releases
• Upcoming new features and active development look here for whats happening in 2016:
  https://litecoinassociation.org/data/roadmap.pdf
• Longevity. Many coins have temporarily eclipsed litecoin as they were marketed for the purpose of increasing the fiat accounts of a small group and emptying the accounts of new users. Unfortunately this has been detrimental to crypto-space in general.
  
• Great community. Definitly helps when consensus is needed.
• Fully supported by GoCoin a growing merchant payment processor used by thousands of merchants https://www.gocoin.com/ as well as other processors such as coinpayments, Asmoney, Alfacoins and Coinify
• Liquidity. You can sell thousands and not crash the market. Maintains value. Look at the chart here indicating volume in the last 24 hours relative to other coins http://coinmarketcap.com/currencies/litecoin/#markets in fact volume has remained high month after month for years.
• The speed, liquidity and value of Litecoin is useful to traders seeking arbitrage opportunities between exchanges.
• Now on GDAX soon to be on coinbase.
• Upcoming release to include a on-chain adaptive block size scaling solution. This will substantially increase the transactional capacity of Litecoin.
• Planned anonymity features for an upcoming release.
• Fair release. In a crypto world of premined and ICO releases many appreciate this fact. The code was released well before the Genesis block was mined and everyone knew when it would be going live; therefore, individuals could anticipate and get their miners and software ready.
• It's primary function is to be a cryptocurrency.
• Still mineable in many western countries even after electrical costs are factored in. Here in Canada my Titans still make a profit long after shutting my Neptunes down.
• It will always maintain the integrity of the blockchain (no hard forks for special interests).
• Security.

That is a good question. litecoin is a pure clone of bitcoin apart from the block time, which is 4 times faster.

I'm keeping an eye on Litecoin at some point it will be a great buy but not now though.