Topic: LTC Needs to be replaced (Someone please develop *KILLER* coin for Scrypt ASICS) (Read 2577 times)

Litecoin is here to stay, like it or not 

VIA is now merge mined with LTC (and DOGE, etc).

This gives its "2.0" Clearinghouse application layer the high security needed to compete with Counterparty.

What puberty? Yes judging by your posts thats a given

(lol the tools invested in spreadcoin like wtf  )

Viacoin is good replacement for LTC.
https://bitcointalksearch.org/topic/ann-via-viacoin-the-future-of-digital-currency-699278

I am totally agree with you. Litecoin should be replaced.

2014 and perhaps 2015 could be a rehash of what happened to Bitcoin in 2012. Bitcoin became mainstream in mid-2011. Once the bubble burst and the market dipped, people left in the following weeks and months. Those who stayed around throughout 2012 were able to reap the rewards of their patience in the following year - in 2013, when the prices truly exploded.

You guys are missing some major facts:
1. The price of LTC is declining mostly because of the ASICs. People are not holding, but they forget something - diff. is rising. A year ago I was able to mine about 1LTC/day with about 3MH. Now I am able to mine less than 8LTC/day with 420 MH.
2. In 2015 there will be a lot more ASICs available. They will be a lot more powerful too. Do you guys think that people will mine KillerCoin with them? Guess what will happen with LTC diff.?
3. Other major fact is that LTC will halve that year. Do you actually think that people will sell it @ current price? Maybe it will not be $40-45 again, but surely will not be $2.40.

For 1 year we have thousands of coins launched (most of them are dead) and 1/3 market cap. Many people sold their miners and they are no longer involved in cryptos. That happened not only because of the many scams, but also because people are sheeps in general. They see another X2944/anonymous coin with some "features" launched and think that they will get rich in 1 week. With those actions they impair not only LTC, but a lot of other good coins. Imho GPUs/CPUs will lose the war against ASICs, but only long term investors will make real profits.

I didn't start this thread, and I don't care about BitShares.. lol.

LTC has been dying for a while now. It's only potential value was in the added potential decentralization by the fact that you could not mine with ASICs, however that is no longer the case

Coinhoarder is another famous Bitshares shill that starst LTC must die threads.  Maybe the same person?

You are the one that is getting angry with LTC 

Its the 3rd of January you retardeddd, BTC is going down still, and as you know Litecoin is tied to BTC price normally, nothing weird on that 10%

You evidently never used Litecoin or support any shitcoin

No need to be agry just let go of the bag it's killing you man.. pulling you to the bottom.. Learn to let go.

Down 10% in a day. I ain't even started yet.

YOU ARE FKN RETARDED KID

On one hand, Litecoin has lost almost 95 percent of value in a year. It's hard to deny that Litecoin was one of the worst investments of 2014. On the other hand, Litecoin spent most of 2013 losing value only to jump up in price to almost $50 in November. If the current decline in the crypto market ends and we see more investment coming in again, then Litecoin prices will probably rise.

Interestingly, Litecoin seems to react much more to price rises and drops than Bitcoin does. When cryptos exploded in late 2013, Litecoin performed much better than Bitcoin did. Then when people lost interest, Litecoin prices fell much harder than Bitcoin did.

Anyway, to answer the OP, if you think of innovation as piling on new features, then I agree Litecoin isn't the most innovative coin anymore, but neither is Bitcoin. Even Peercoin - the first proof-of-stake coin, which was considered very innovative when it was launched, isn't among the most innovative of coins anymore.

But there is that network effect, that massive hashrate and network security, and perhaps more importantly, Litecoin has a good reputation in the community which isn't tainted by the pump and dump scams that are so common in the crypto world nowadays. Investing in Litecoin can be a bit boring but it's not really meant to be a "flavor of the month" type of coin.

Also, there is still the possibility of improving upon a coin while leaving the core intact. This is the same approach taken by Bitcoin. Bitcoin doesn't change much in the protocol level but it has entire teams working on adding functionality on top of the existing blockchain (Counterparty, Mastercoin, Colored Coins, and Zerocoin to name a few). Peercoin has them too in the form of Nubits, NuShares, Peershares, etc. I see no reason why Litecoin cannot do the same.

As for myself, well I don't have many litecoins. I might have a couple of dollars worth that I bought a week ago. I'm not sure. Personally, I'm not overly enthusiastic about Litecoin and my rationale for not investing is that by now, anything that could increase the Litecoin price will probably result from a market-wide rise in cryptos in general and now that Litecoin's original niche of ASIC resistance is long gone, opting for Bitcoin seems to be the safer bet.


There are a few other old and respected alts in that picture. Peercoin and Namecoin, for example.

Who has the FAIL THREAD NOW? 

YOU Bagholders of LTC!! You are the cancer and discrace of cryptocoin community supporting TRASH LIKE LTC.

Prepare to loose EVERY LITTLE VALUE YOU HAVE LEFT IN YOUR HOLDING 

BTC stand a LEGEND, The original masterpiece.

WHY waste hashrate, electicity and pollute the world with a copy like LTC? has NO DEVELOPMENT has NOTHING TO OFFER.

END OF DISCUSSION.

LTC needs to AND WILL DIE.

Your great argument is that LTC block reard will half somewhere around 2015 October?? LMAO

Who the hell cares if this shit will jump from 2 cent to 4 cents by then...

Please.. LTC is a discrace A FAIL in cryptospace and nothing else.

Bad movie?

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