Topic: LTC good investment? - page 3. (Read 3693 times)
How many people here still believe in LTC? I do. Price doesn't mean "value". As others said there are so many reasons for low pricing, but everytime BTC goes up, LTC follows somehow. Market cap today was $ 66,658,511 , still 3x DRK.
Current LTC price is low, because people with ASICs are selling it low. This is one of the main reasons. Other main reason are scams (from which Bitcoin suffers as well). People are distracted for a coins with "innovations". Just look on the posts when some new coin is launched. Almost everyone is asking for innovations and roadmaps. Most of the people are saying: "Nah, LTC is old.. go for "anothershitcoinwithfancylogoandpromises" and get rich in 2 days.". This is going to change sooner or later. We are not in November/December 2013 and people will understand that cryptocurrencies exist because of the coins mentioned above. Yes, there will be couple of more which will slip through with them, but most of the rest will just die, because people are launching/following them only because of the fiat they can earn. Those people don't love cryptocurrencies... they are after the money. When you are doing business you need not only thinking about the profit, but to take care your "baby" as well.
innovation or
(just a hint to why litecoin will likely outlive most other cryptos if they go mainstream).This is a problem where people are just mining when there is hype surrounding a coin so they can make a quick buck. If people cared about the coins they would stick around, look at dogecoin that thing blew up was all over the news and everything and look at it now it is way smaller than it once was.
Current LTC price is low, because people with ASICs are selling it low. This is one of the main reasons. Other main reason are scams (from which Bitcoin suffers as well). People are distracted for a coins with "innovations". Just look on the posts when some new coin is launched. Almost everyone is asking for innovations and roadmaps. Most of the people are saying: "Nah, LTC is old.. go for "anothershitcoinwithfancylogoandpromises" and get rich in 2 days.". This is going to change sooner or later. We are not in November/December 2013 and people will understand that cryptocurrencies exist because of the coins mentioned above. Yes, there will be couple of more which will slip through with them, but most of the rest will just die, because people are launching/following them only because of the fiat they can earn. Those people don't love cryptocurrencies... they are after the money. When you are doing business you need not only thinking about the profit, but to take care your "baby" as well.
innovation or
(just a hint to why litecoin will likely outlive most other cryptos if they go mainstream). I don't think anyone is going to deliberately kill LTC, it is just kind of fading away.
That seems to be what is happening. Perhaps a lesson can be gained by understanding this tragic descent into irrelevance.
well what does it say to you that the largest holder of your goldcoin only holds to make more litecoin
Current LTC price is low, because people with ASICs are selling it low. This is one of the main reasons. Other main reason are scams (from which Bitcoin suffers as well). People are distracted for a coins with "innovations". Just look on the posts when some new coin is launched. Almost everyone is asking for innovations and roadmaps. Most of the people are saying: "Nah, LTC is old.. go for "anothershitcoinwithfancylogoandpromises" and get rich in 2 days.". This is going to change sooner or later. We are not in November/December 2013 and people will understand that cryptocurrencies exist because of the coins mentioned above. Yes, there will be couple of more which will slip through with them, but most of the rest will just die, because people are launching/following them only because of the fiat they can earn. Those people don't love cryptocurrencies... they are after the money. When you are doing business you need not only thinking about the profit, but to take care your "baby" as well.
Just going to leave this here for the trolls and detractors.....
coinfire.io/2015/03/23/litecoin-com-launched/
World crypto network https://www.youtube.com/watch?v=gLVwMFWGseA&feature=youtu.be
Musings of a shibe https://www.youtube.com/watch?v=2xe3WQ6Lqgk
http://cointelegraph.uk/news/113704/the-real-mage-on-litecoin-sidechains-altcoins
I got a lot more, this is recent news info and there is more to come. Anyways I know this is centric to me but I do a lot for Litecoin so its still pertinent.
coinfire.io/2015/03/23/litecoin-com-launched/
World crypto network https://www.youtube.com/watch?v=gLVwMFWGseA&feature=youtu.be
Musings of a shibe https://www.youtube.com/watch?v=2xe3WQ6Lqgk
http://cointelegraph.uk/news/113704/the-real-mage-on-litecoin-sidechains-altcoins
I got a lot more, this is recent news info and there is more to come. Anyways I know this is centric to me but I do a lot for Litecoin so its still pertinent.
I don't think anyone is going to deliberately kill LTC, it is just kind of fading away.
That seems to be what is happening. Perhaps a lesson can be gained by understanding this tragic descent into irrelevance.
LTC is only here because bitcoin fanboy want it to be. If they wanted they would already 51% attack it.
Like they did with feathercoin/worldcoin and many more.
The true reason why Bitcoin is falling is, there're still to many thiefs and scammers in this community.
Like they did with feathercoin/worldcoin and many more.
The true reason why Bitcoin is falling is, there're still to many thiefs and scammers in this community.
Why kill LTC? People who can do that actually are making money of cryptocurrencies. They will kill not only LTC, but their future profits as well. Otherwise it's true... too many scammers since 2014.
I don't think anyone is going to deliberately kill LTC, it is just kind of fading away.
LTC won't fad anytime soon unlike 99% of the alts it has a purpose (whether or not its the makers original purpose is beside the point). In fact the more alts pumped out the least likely one will overtake it.
LTC can also stay a tad under the radar while its big brother cops it should anyone have any malice intent.
LTC is only here because bitcoin fanboy want it to be. If they wanted they would already 51% attack it.
Like they did with feathercoin/worldcoin and many more.
The true reason why Bitcoin is falling is, there're still to many thiefs and scammers in this community.
Like they did with feathercoin/worldcoin and many more.
The true reason why Bitcoin is falling is, there're still to many thiefs and scammers in this community.
Why kill LTC? People who can do that actually are making money of cryptocurrencies. They will kill not only LTC, but their future profits as well. Otherwise it's true... too many scammers since 2014.
I don't think anyone is going to deliberately kill LTC, it is just kind of fading away.
Excatly for ltc the price is related to the hype around it more hype higher price, the hype fades so does the price.
LTC is only here because bitcoin fanboy want it to be. If they wanted they would already 51% attack it.
Like they did with feathercoin/worldcoin and many more.
The true reason why Bitcoin is falling is, there're still to many thiefs and scammers in this community.
Like they did with feathercoin/worldcoin and many more.
The true reason why Bitcoin is falling is, there're still to many thiefs and scammers in this community.
Why kill LTC? People who can do that actually are making money of cryptocurrencies. They will kill not only LTC, but their future profits as well. Otherwise it's true... too many scammers since 2014.
I don't think anyone is going to deliberately kill LTC, it is just kind of fading away.
I find ltc too unpredictable it has gone as high as $50 and as low as $2. I would stay away because of that. Although it is pretty low right now so there is not much more it can go down.
LTC is only here because bitcoin fanboy want it to be. If they wanted they would already 51% attack it.
Like they did with feathercoin/worldcoin and many more.
The true reason why Bitcoin is falling is, there're still to many thiefs and scammers in this community.
Like they did with feathercoin/worldcoin and many more.
The true reason why Bitcoin is falling is, there're still to many thiefs and scammers in this community.
Why kill LTC? People who can do that actually are making money of cryptocurrencies. They will kill not only LTC, but their future profits as well. Otherwise it's true... too many scammers since 2014.
Why people still invest Ltc?
Compare to Btc, Ltc is just a clone of Btc. It has no innovation. It used to claim Asic resist, but it's failed to resist Asic miner.
Compare to Btc, Ltc is just a clone of Btc. It has no innovation. It used to claim Asic resist, but it's failed to resist Asic miner.
It's simple. One of the main reasons are the shitcoins which popping up each and every day. We have seen much of "innovations" lately. People are forgetting that one of the most important things for a coin is to stay. LTC is here. Where are 100s of others which promised innovations?
Why people still invest Ltc?
Compare to Btc, Ltc is just a clone of Btc. It has no innovation. It used to claim Asic resist, but it's failed to resist Asic miner.
Compare to Btc, Ltc is just a clone of Btc. It has no innovation. It used to claim Asic resist, but it's failed to resist Asic miner.
You are forgetting that LTC will halve in about 3 months and a lot more ASICs will be involved in the mining process. Thus will make LTC more rare as it is now. I can't say it is the best investment out there, but you surely can't lose much at those prices so I think it isn't a bad move to invest some money in it.
You can lose 100% of your investment. And no I'm not a "hater" of LTC, I entirely don't care about it, just giving my opinion.
but a biased btc , monero fanboi you is?
Not really, I hold several different coins besides those.
i'm guessin dakrcoin and the like....or whatever innovation is the current flavor of the day (not on the attack btw but may come across like that in text).
Okay yes I have 1 DRK, but that was bought as a bit of a joke, so for the most part no, I'm not counting that.
Besides BTC and XMR I have some DOGE, CLAMS, two of the old school alts other than LTC, a little Ripple, more Stellar, and a bunch of much smaller coins that seem to have promise (long term shots of course).
I agree with what spartak_t just said about DRK.
I respect your right to make a different call about LTC. I don't disagree about BTC though. Best to you crypto brother.
i'm guessin dakrcoin and the like....or whatever innovation is the current flavor of the day (not on the attack btw but may come across like that in text).
I will not be surprised if DRK goes over 0.03 - 0.04. More than 50% of the coins are in the hands of 2-5 people so I believe that soon another pump will be made. I'm not touching it though...
You are forgetting that LTC will halve in about 3 months and a lot more ASICs will be involved in the mining process. Thus will make LTC more rare as it is now. I can't say it is the best investment out there, but you surely can't lose much at those prices so I think it isn't a bad move to invest some money in it.
You can lose 100% of your investment. And no I'm not a "hater" of LTC, I entirely don't care about it, just giving my opinion.
but a biased btc , monero fanboi you is?
Not really, I hold several different coins besides those.
i'm guessin dakrcoin and the like....or whatever innovation is the current flavor of the day (not on the attack btw but may come across like that in text).
You can lose 100% of your investment. And no I'm not a "hater" of LTC, I entirely don't care about it, just giving my opinion.
Losing money on a coin is always on the table. That's why I said that many people lost their faith in crypto. It's not about hating - it's about the situation in which cryptomarket currently is. I still believe that investing in LTC is not a bad idea at all. Personally I am trying to accumulate as much as I can. I even made a bold prediction about Bitcoin - $450 by the end of April.
This can move the price of LTC somewhere between $2,50 - $3,00, but of course that's just a hunch...people here may laugh but seeing a few things behind the scene (etf etc) i see bitcoin at $4k by the end of the year and ltc at $200......possibly a few lame alts dragged along if fiat profits your thing.
longterm i see no current crypto surviving as a currency in any meaningful fashion.
You are forgetting that LTC will halve in about 3 months and a lot more ASICs will be involved in the mining process. Thus will make LTC more rare as it is now. I can't say it is the best investment out there, but you surely can't lose much at those prices so I think it isn't a bad move to invest some money in it.
You can lose 100% of your investment. And no I'm not a "hater" of LTC, I entirely don't care about it, just giving my opinion.
but a biased btc , monero fanboi you is?
Not really, I hold several different coins besides those.
You are forgetting that LTC will halve in about 3 months and a lot more ASICs will be involved in the mining process. Thus will make LTC more rare as it is now. I can't say it is the best investment out there, but you surely can't lose much at those prices so I think it isn't a bad move to invest some money in it.
You can lose 100% of your investment. And no I'm not a "hater" of LTC, I entirely don't care about it, just giving my opinion.
but a biased btc , monero fanboi you is?
ltc will do just fine as it has as currency especially for the mainstream one huge advantage over even bitcoin, that most closet tech crowd who push the innovation/technology line don't see to get......
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