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Topic: Litecoin TANKING...opinions on future outlook both nearterm and long term? - page 5. (Read 6594 times)

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
365 days ago price was $2...today it is $5....lol...

hi smoothie,

still thinking Litecoin won't hit 0.009 before end of the year? Wink

Perhaps you should get your facts straight. I said it wouldn't hold under 0.008 BTC for a full week before year-end after you claimed it would go below 0.008 by year end.

Remember the bet you declined? lol

Next time it would be good if you got the facts straight. Thanks  Grin Grin Grin

Here you go in case you have alzheimer's : https://bitcointalksearch.org/topic/m.7616443 Kiss

ah, whatever, it'll hold below 0.008 for a week and then go to 0.005 Cheesy  0.008 or 0.009, doesn't make much difference, if it's destined to go much lower.
Lol then why did you decline my bet back then?

Oh right because you truly didn't believe that could happen. Keep back pedaling buddy lol  Grin Roll Eyes

I declined your terms of the bet because they were very much in your favor. I set the terms which were neutral for both of us, but you naturally refused to accept them. If you have amnesia, I'm here to remind Smiley


Back then that is your take that it was in my favor. But remember you were the one that was so sure LTC would tank so I only called you out in a manner that would confirm your claims if you had accepted my bet and to me that would have been fair as you made the initial claim, I just pushed you to back your mouth up with actual coin/money. We both know how that ended. lol  Roll Eyes

Nice try but it would seem you are the one with amnesia as you couldn't even remember the value we were discussing. 0.009 and 0.008 are not the same lol.
legendary
Activity: 1027
Merit: 1005
The problem with Litecoin is.....what is the point...all it differs from Bitcoin is speed of transaction. That's it. Any issue with Bitcoin's speed is easily solved by merchants going through backend service providers willing to insure that cup of coffee at 0 confirmations, and the odds of such daily low-cost business deals being double spent is very, very low.

It has no household name status like Bitcoin and in fact the name itself is probably poisonous from a marketing standpoint, people associate Lite as being something generic or inferior to the original i.e Diet Coke.

Faster confirmation coins are nice but they should do alot more than just be a copy of Bitcoin to justify their existence.

I used to say the same thing until very recently. I have had some LTC for awhile now but they sat in a wallet 95% of the time. I NEVER thought of the faster transaction times as a benefit and always thought Bitcoin was fast enough for the risk involved, as you stated.

It was only when I started moving coins to an Android wallet and actually buying and moving them around (along with Bitcoin) that I saw how much nicer the faster transactions are. 
legendary
Activity: 1246
Merit: 1000
The problem with Litecoin is.....what is the point...all it differs from Bitcoin is speed of transaction. That's it. Any issue with Bitcoin's speed is easily solved by merchants going through backend service providers willing to insure that cup of coffee at 0 confirmations, and the odds of such daily low-cost business deals being double spent is very, very low.

It has no household name status like Bitcoin and in fact the name itself is probably poisonous from a marketing standpoint, people associate Lite as being something generic or inferior to the original i.e Diet Coke.

Faster confirmation coins are nice but they should do alot more than just be a copy of Bitcoin to justify their existence.
legendary
Activity: 1260
Merit: 1001
I see people talking about price, but no one is talking bout security. Litecoin has huge hash power, no other alt is even anywhere close, all other alts are vulnerable to 51% attack. Also Litecoin is traded on Bitfinex with leverage and that makes the volatility even bigger than before. Litecoin will follow in bitcoin's footsteps as the Scrypt asics proliferate and the difficulty and hash power continue to grow. All we need is a nice financial crisis somewhere in the world and watch Bitcoin and Litecoin explode. It is only a matter of time!
sr. member
Activity: 336
Merit: 260
365 days ago price was $2...today it is $5....lol...

hi smoothie,

still thinking Litecoin won't hit 0.009 before end of the year? Wink

Perhaps you should get your facts straight. I said it wouldn't hold under 0.008 BTC for a full week before year-end after you claimed it would go below 0.008 by year end.

Remember the bet you declined? lol

Next time it would be good if you got the facts straight. Thanks  Grin Grin Grin

Here you go in case you have alzheimer's : https://bitcointalksearch.org/topic/m.7616443  Kiss

ah, whatever, it'll hold below 0.008 for a week and then go to 0.005 Cheesy  0.008 or 0.009, doesn't make much difference, if it's destined to go much lower.
Lol then why did you decline my bet back then?

Oh right because you truly didn't believe that could happen. Keep back pedaling buddy lol  Grin Roll Eyes

I declined your terms of the bet because they were very much in your favor. I set the terms which were neutral for both of us, but you naturally refused to accept them. If you have amnesia, I'm here to remind Smiley
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
365 days ago price was $2...today it is $5....lol...

hi smoothie,

still thinking Litecoin won't hit 0.009 before end of the year? Wink

Perhaps you should get your facts straight. I said it wouldn't hold under 0.008 BTC for a full week before year-end after you claimed it would go below 0.008 by year end.

Remember the bet you declined? lol

Next time it would be good if you got the facts straight. Thanks  Grin Grin Grin

Here you go in case you have alzheimer's : https://bitcointalksearch.org/topic/m.7616443  Kiss

ah, whatever, it'll hold below 0.008 for a week and then go to 0.005 Cheesy  0.008 or 0.009, doesn't make much difference, if it's destined to go much lower.
Lol then why did you decline my bet back then?

Oh right because you truly didn't believe that could happen. Keep back pedaling buddy lol  Grin Roll Eyes
sr. member
Activity: 336
Merit: 260
Whales have other toys these days.
legendary
Activity: 1316
Merit: 1000
sold my LTC yday.. still sold on profit but i eel its gonna tank badly.

maybe even die.

I remember when it started dropping below $2 everyone was saying the same.... this is exactly the time the whales will be buying in and planning pushing the price over $100 on next BTC bubble
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
sold my LTC yday.. still sold on profit but i eel its gonna tank badly.

maybe even die.

lol a currency is "dead" if :

A. the volume robots stop faking volume

B. The volume drops naturally

its alive again when:

A. bag-holders that are always late to the market say it is.


that's why everyone on here is losing money maybe ha ha : D
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
sold my LTC yday.. still sold on profit but i eel its gonna tank badly.

maybe even die.
legendary
Activity: 2674
Merit: 2965
Terminated.
Bitcoindark will probabley rise up in the top  2 or 3 spot....

Why ?

It's because he saw that it is up 27.15% (low market cap anyways) or he's a puppet account.
Bitcoindark is just another useless alt.
legendary
Activity: 3066
Merit: 1188
Bitcoindark will probabley rise up in the top  2 or 3 spot....

Why ?
newbie
Activity: 41
Merit: 0
Bitcoindark will probabley rise up in the top  2 or 3 spot....
legendary
Activity: 3066
Merit: 1188
BTC is a horrible "Reserve" the only reserve is still the local fiat each individual uses to get "goods and services".

Alts are all priced in BTC for the most part. Most altcoin exchanges list their prices in fractions of BTC.

So the market is trading alts against BTC most of the time, not against fiat.
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
sooner or later an alt crash will drive most to ltc as the reserve

In your wildest dreams.

The only reserve in this business is BTC. A reserve currency means that other currencies are "priced" in the reserve. Litecoin had a brief period where that happened on a couple of exchanges but it never took hold. It´s rapidly becoming ´just another alt´. Now that the 0.01 resistance is broken, don´t expect it to ever return.

We´re into the next phase of cryptos.






BTC is a horrible "Reserve" the only reserve is still the local fiat each individual uses to get "goods and services".

 
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
Constantly bashing litecoin calling it dead when it's in 2nd position might be great for those who are promoting other coins but it's not going to bring any new money into crypto, ie. if crypto enthusiasts think litcoin is crap joe average isn't going to think hmmmm I'll buy into number 62 then or 5 or 15. Really if the second CryptoCurrency is so bad they are hardly going to flock to no.1 either.

When greedy cryptoslugs stop destroying the cryptocurrency sector from within with negative propaganda and scammy new coins the resulting image change might bring new money in, and it is new money that's needed not the stealing of market share from one coin to another



it always has been and always will be about education - Quark has grown a core of supporters that are educating themselves we are barely 1 year old (6 months of which doesn't count as its was active primary distribution) ,so we we will see in 6 to 12 months.

legendary
Activity: 3066
Merit: 1188
sooner or later an alt crash will drive most to ltc as the reserve

In your wildest dreams.

The only reserve in this business is BTC. A reserve currency means that other currencies are "priced" in the reserve. Litecoin had a brief period where that happened on a couple of exchanges but it never took hold. It´s rapidly becoming ´just another alt´. Now that the 0.01 resistance is broken, don´t expect it to ever return.

We´re into the next phase of cryptos.




sr. member
Activity: 336
Merit: 260
365 days ago price was $2...today it is $5....lol...

hi smoothie,

still thinking Litecoin won't hit 0.009 before end of the year? Wink

Perhaps you should get your facts straight. I said it wouldn't hold under 0.008 BTC for a full week before year-end after you claimed it would go below 0.008 by year end.

Remember the bet you declined? lol

Next time it would be good if you got the facts straight. Thanks  Grin Grin Grin

Here you go in case you have alzheimer's : https://bitcointalksearch.org/topic/m.7616443  Kiss

ah, whatever, it'll hold below 0.008 for a week and then go to 0.005 Cheesy  0.008 or 0.009, doesn't make much difference, if it's destined to go much lower.
sr. member
Activity: 448
Merit: 250
Changing avatars is currently not possible.
Nearly 300k BTC marketcap broken.
full member
Activity: 123
Merit: 104
I'm bearish on Litecoin generally, but the serious recent drops are surprising even to me.
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