Litecoin is dead.
I acquired some before they were on a exchange for 0.01 btc and they were loosing in value ever since.
I supported LTC from the start and even participated in the logo contest. It turned out to be the worst investment both in time and money I ever made.
Topic: Litecoins--Dead or Alive? - page 2. (Read 3918 times)
if I rent a VPS to mine the litecoin, will the VPS service provider ban my account? It's using KVM.
I good provider shouldn't ban you maybe if you was taking up too many resource's on the VPS? Anyway it probably makes a lot more sense to use the money you would spend on the VPS to buy litecoin at an exchange. You'd probably get more LTC at the moment.
if I rent a VPS to mine the litecoin, will the VPS service provider ban my account? It's using KVM.
It really depends on the hosts AUP, im currently mining LTC on a cloud and my hosting provider has not suspended my account.
(touch wood)
LTC is live and well but needs some serious service development. This is the only way to add any value to any coin - usable in real life.
If you can code, please write a LTC payment plugin for Drupal, OsCommerce etc.
If you can code, please write a LTC payment plugin for Drupal, OsCommerce etc.
And here is a page, that needs help http://en.wikipedia.org/wiki/Litecoin
My English is not good Enough to write it. Can you do it?
LTC is live and well but needs some serious service development. This is the only way to add any value to any coin - usable in real life.
If you can code, please write a LTC payment plugin for Drupal, OsCommerce etc.
If you can code, please write a LTC payment plugin for Drupal, OsCommerce etc.
if I rent a VPS to mine the litecoin, will the VPS service provider ban my account? It's using KVM.
Probably. Any real VPS provider will have an acceptable use policy, and you can be sure abusing CPU resources is a part of it.
If it survives, it will become a secondary transaction medium once bitcoins become impossible for the average person to mine, and too valuable to spend directly.
It does after all have a much faster verification rate and higher "total coin" limit, making it better for day to day transactions.
That won't be for a long while though, so don't hold your breath.
It does after all have a much faster verification rate and higher "total coin" limit, making it better for day to day transactions.
That won't be for a long while though, so don't hold your breath.
Average people don't need to mine, they can work for bitcoins or buy in with some other currency. BitCoins will never get too valuable to spend as they can be split into tiny fragments.
The faster verification rate is the only really useful thing about LiteCoin.
If it survives, it will become a secondary transaction medium once bitcoins become impossible for the average person to mine, and too valuable to spend directly.
It does after all have a much faster verification rate and higher "total coin" limit, making it better for day to day transactions.
That won't be for a long while though, so don't hold your breath.
It does after all have a much faster verification rate and higher "total coin" limit, making it better for day to day transactions.
That won't be for a long while though, so don't hold your breath.
if I rent a VPS to mine the litecoin, will the VPS service provider ban my account? It's using KVM.
I've done a few private ltc transactions recently.
At the risk of stating the obvious, make the market. Sell something for ltc. Or offer to buy something for ltc.
I think I'm in the minority however, as most ltc 'supporters' are hoarding them for speculative reasons.
I have hope for litecoin, because it has lasted so long, but it does need something bold to reinvigorate the market.
At the risk of stating the obvious, make the market. Sell something for ltc. Or offer to buy something for ltc.
I think I'm in the minority however, as most ltc 'supporters' are hoarding them for speculative reasons.
I have hope for litecoin, because it has lasted so long, but it does need something bold to reinvigorate the market.
ltc is alive. People trade lots of it everyday. It's difficult to asic mine due to the heavy memory requirements, and still remains the only memory hard currency. It's probably worth more now that it's not botnet mined, and it's one of the longest lasting alt chains in existence.
i'm also curious how these are going.
i bought a few for 0.001 btc each, and since then they've dropped to 0.0006.
i bought a few for 0.001 btc each, and since then they've dropped to 0.0006.
Hello I have recently become interested in LTC and have mined 7-8 of them (mostly on GPU, ~75khash/s).
I was curious what you guys thought... is litecoin dead? Are there any known merchants that accept LTC? I poked around on the internet and couldn't find any merchants accepting them, did I miss something? I understand the exchange rate is orders of magnitude lower than BTC (1BTC is worth thousands of LTC).
I have recently become interested in LTC and have mined 7-8 of them (mostly on GPU, ~75khash/s).I was curious what you guys thought... is litecoin dead? Are there any known merchants that accept LTC? I poked around on the internet and couldn't find any merchants accepting them, did I miss something? I understand the exchange rate is orders of magnitude lower than BTC (1BTC is worth thousands of LTC).
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