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Topic: RIP Litecoin - page 6. (Read 8005 times)

member
Activity: 82
Merit: 10
April 22, 2016, 10:49:04 AM
#51
Todays volume is approaching Bitcoins in value:

http://cryptocoincharts.info/coins/graphicalComparison

Trading volume is separate from transaction volume. On the fee-free exchanges you can simply trade back and forth to give illusion of activity - at one point last year the supposed trading volume was more than the entire value of LTC in existence. Meanwhile the number of transactions rarely breaks more than 5,000 in a 24 hour period...

That's true about any coin. Thousands of dust transactions give the illusion of activity for many coins. As can be seen in the attached chart (at current moment in time) those transactions actually represent the transfer of value.

https://bitinfocharts.com/

For example:

LTC transactions of 4136 in the past 24 hours represented $12,891,552 US in value.
ETH transactions of 35750 in the past 24 hours represented $4,934,069 US in value.

Feel free to examine the chart for other examples. Litecoin is being used to move large sums of money around relative to other coins (obvious exception is Bitcoin). Looking at the total picture indicates the strength of LTC.

The average transaction value for LTC is $3044 USD and the average transaction value for ETH is $138.78.

Ether's transactions look more normal. How many people spend an average of $3044 on every financial transaction they make? LTC's transactions look like speculators or exchanges moving money.

And you are seriously calling an average transaction value of $138 "dust"? Are you claiming that you always spend more than that in your daily life and any human who spends less is spending dust? This is why LTC will never get adopted by anyone. 99% of humans spend less than $138 on their everyday transactions!!!

Ha ha ha! What demagoguery.
ETH is the biggest scam in the crypto world. Time will show ...
https://www.reddit.com/r/ethtrader/comments/4fql5n/we_need_to_think_of_ways_to_increase_eth_adoption/d2bh4xz
hero member
Activity: 717
Merit: 501
April 22, 2016, 10:32:41 AM
#50
Dont buy it people they look for you to buy their ltc shitcoin for expensive Wink
remember las tyear it was like $1.10 . no reason for it being more than $0.50 bth

dump your litecoins before it is too late dont be bagholder lol Smiley
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
April 22, 2016, 10:31:22 AM
#49
Todays volume is approaching Bitcoins in value:

http://cryptocoincharts.info/coins/graphicalComparison

Trading volume is separate from transaction volume. On the fee-free exchanges you can simply trade back and forth to give illusion of activity - at one point last year the supposed trading volume was more than the entire value of LTC in existence. Meanwhile the number of transactions rarely breaks more than 5,000 in a 24 hour period...

That's true about any coin. Thousands of dust transactions give the illusion of activity for many coins. As can be seen in the attached chart (at current moment in time) those transactions actually represent the transfer of value.

https://bitinfocharts.com/

For example:

LTC transactions of 4136 in the past 24 hours represented $12,891,552 US in value.
ETH transactions of 35750 in the past 24 hours represented $4,934,069 US in value.

Feel free to examine the chart for other examples. Litecoin is being used to move large sums of money around relative to other coins (obvious exception is Bitcoin). Looking at the total picture indicates the strength of LTC.

The average transaction value for LTC is $3044 USD and the average transaction value for ETH is $138.78.

Ether's transactions look more normal. How many people spend an average of $3044 on every financial transaction they make? LTC's transactions look like speculators or exchanges moving money.

And you are seriously calling an average transaction value of $138 "dust"? Are you claiming that you always spend more than that in your daily life and any human who spends less is spending dust? This is why LTC will never get adopted by anyone. 99% of humans spend less than $138 on their everyday transactions!!!
hero member
Activity: 728
Merit: 500
April 22, 2016, 09:59:05 AM
#48
Todays volume is approaching Bitcoins in value:

http://cryptocoincharts.info/coins/graphicalComparison

Trading volume is separate from transaction volume. On the fee-free exchanges you can simply trade back and forth to give illusion of activity - at one point last year the supposed trading volume was more than the entire value of LTC in existence. Meanwhile the number of transactions rarely breaks more than 5,000 in a 24 hour period...

That's true about any coin. Thousands of dust transactions give the illusion of activity for many coins. As can be seen in the attached chart (at current moment in time) those transactions actually represent the transfer of value.

https://bitinfocharts.com/

For example:

LTC transactions of 4136 in the past 24 hours represented $12,891,552 US in value.
ETH transactions of 35750 in the past 24 hours represented $4,934,069 US in value.

Feel free to examine the chart for other examples. Litecoin is being used to move large sums of money around relative to other coins (obvious exception is Bitcoin). Looking at the total picture indicates the strength of LTC.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
April 22, 2016, 09:43:51 AM
#47
Todays volume is approaching Bitcoins in value:

http://cryptocoincharts.info/coins/graphicalComparison

Trading volume is separate from transaction volume. On the fee-free exchanges you can simply trade back and forth to give illusion of activity - at one point last year the supposed trading volume was more than the entire value of LTC in existence. Meanwhile the number of transactions rarely breaks more than 5,000 in a 24 hour period...
hero member
Activity: 728
Merit: 500
April 22, 2016, 09:29:16 AM
#46
Todays volume is approaching Bitcoins in value:

http://cryptocoincharts.info/coins/graphicalComparison
member
Activity: 78
Merit: 10
April 22, 2016, 09:24:16 AM
#45
Litecoin dead? Hell no...still 3 - 3.5 USD a coin...stable price Shocked
copper member
Activity: 2898
Merit: 1465
Clueless!
April 22, 2016, 09:20:25 AM
#44
https://twitter.com/cryptodemedici/status/723274322324893696

totally dead. yeah. just look at that pathetic volume.


well perhaps we should change the argument....if LTC has this NICHE with BTC to LTC ratio and its use as such and hell it is kinda sorta working say and stable....

Is this enough to survive long term? What could be added/done to improve LTC while keeping this connection with btc and ltc volume intact and stability?


anyway again clueless ...so not a slam...just asking Smiley
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
April 22, 2016, 08:08:13 AM
#43
Litecoin will be below $2.85 before June 2016 Smiley




Then I will wait till June 2016 before thinking of buying. Litecoin is coming back in full force... Do you know that the population of China is more than a billion? That is more than the whole of Australasia and Antartica combined.

I am sticking to my coins... thank you.

China has a large population, but they also have an authoritarian govt that is trying to crack down on capital flight. They haven't bothered with cryptocurrencies as yet because they are cracking down on more obvious ways of getting money out - but it is only a matter of time.
hero member
Activity: 717
Merit: 501
April 22, 2016, 07:27:23 AM
#42
Litecoin will be below $2.85 before June 2016 Smiley




Then I will wait till June 2016 before thinking of buying. Litecoin is coming back in full force... Do you know that the population of China is more than a billion? That is more than the whole of Australasia and Antartica combined.

I am sticking to my coins... thank you.

lol delusions
ltc is dying Smiley
full member
Activity: 180
Merit: 100
Incent
April 22, 2016, 07:09:59 AM
#41
Litecoin will be below $2.85 before June 2016 Smiley




Then I will wait till June 2016 before thinking of buying. Litecoin is coming back in full force... Do you know that the population of China is more than a billion? That is more than the whole of Australasia and Antartica combined.

I am sticking to my coins... thank you.
hero member
Activity: 717
Merit: 501
April 22, 2016, 06:39:10 AM
#40
i hope you all took advise and dumped your shit ltc coins
because it wont pump anymore. and when it doesnt pump during btc halving, it means there is no hope left for ltc anymore at all. the only next think to then look forward to is ltc's next halving 4 years later. so people will abandon the shitcoin enmass, cause no sane person is waiting 4 years to make a bit of profit while he could put his money to good use in meantime lol

ltc ; its over. covblee is gone, he is out of picture. should say you enough when the founder doesnt even care anymore lol
sr. member
Activity: 426
Merit: 256
April 22, 2016, 03:36:03 AM
#39
I think litecoin will be here forever like bitcoin. Maybe with same price, maybe even a bit more eventually. I don't think ltc will die.

It might stay forever, but it will be overwhelmingly boring forever too. there's just no point.

Litecoin, please be so nice and clear some space for your successors Cool
legendary
Activity: 2114
Merit: 1090
=== NODE IS OK! ==
April 22, 2016, 02:04:39 AM
#38
the scenarios  Grin
hero member
Activity: 714
Merit: 500
April 22, 2016, 12:32:27 AM
#37
lol
full member
Activity: 226
Merit: 100
April 22, 2016, 12:24:03 AM
#36
First -> Sorry for my bad english, guys!

Why R.I.P ?? the most stable in the world of altcoin cryptocurrency

Why R.I.P ?? Why litecoin hashrate is strong and stable? Yes We KNOW, it's centralized, like Bitcoin is centralized, centralized where? USA? Europe? Mars? Pluto? no, CHINA, cryptocoins are centralized in China, China owns all cryptoworld, it's not new

Why R.I.P ?? just because litecoin is not a pump and dump trash like other coins like Ethereum scam, Lisk scam, etc?

Why R.I.P ?? the litecoin is on the largest Chinese Exchanges

Why R.I.P ?? Litecoin is a "China Bitcoin", and the Chinese guys loves litecoin, chinese rules the bitcoin market, litecoin market and all cryptocurrency market

Why R.I.P ?? if you check the site BitcoinWisdom.com and see that 90% of the volume of Bitcoins come from China, and 90% of litecoin volume also comes from China, China Rules

Why R.I.P ?? if several TrashCoins as ethereum, lisk, synereo and other trashcoins are easily "Pumped and Dumped", do you think it will not come the turn of litecoin? The difference is: Litecoin is a stable currency and not a scam like lisk, ethereum and other similar trash coin?

Why R.I.P ?? Really? Newbies do you believe that the Chinese guys have forgotten litecoin? ingenuity has limits, the limit of ingenuity is called "stupid."

Why R.I.P ?? Newbies and haters do not know when the Bitcoin reach your ATH, then immediately thousands of investors, corporate or domestic, will not migrate to litecoin (BTC to LTC), making litecoin also reach your ATH, and so when you arrive, return to Bitcoin (BTC to LTC), in which the litecoin will stabilize at a new price?

Why R.I.P ?? once again I repeat, who OWN the cryptocurrency (Bitcoin, litecoin and others) are the Chinese, are not you newbies and haters from bitcointalk, are not the Americans, Europeans, Martians or reptilians, who own are the CHINESE, if the Chinese want to the bitcoin go to the moon, they will, if they want the litecoin go to the moon, they will, hard to understand???

Why R.I.P? Like I said, and I'm repeating -> When the bitcoin reach its maximum value, investors will quickly migrate to litecoin to achieve profits several times higher than just investing in Bitcoins, as history shows us and will be repeated, investors will want this, the Chinese will want this, and Litecoin price will skyrocket


These haters and newbies are very boring, annoying!!!!

Thanks for reading!
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
April 22, 2016, 12:23:44 AM
#35
I think litecoin will be here forever like bitcoin. Maybe with same price, maybe even a bit more eventually. I don't think ltc will die.
copper member
Activity: 2898
Merit: 1465
Clueless!
April 21, 2016, 11:58:59 PM
#34
Kinda related to this thread or perhaps a sign that if Litecoin is NOT dead, it perhaps IS on life support.

the thread below is asking if  the litecointalk forum is down for good or not....(also has poll on such)



https://bitcointalksearch.org/topic/litecointalkorg-is-still-down-is-it-coming-back-or-gone-for-good-poll-1446271


for those unfamiliar was an equivalent forum like bitcoin talk for litecoin talk. It got hacked is now gone but no real new info on any progress to revive it.

www.litecointalk.org (still down as we speak)

The poll is on if it is down for good or not in the above link.

It is NOT a good sign that we have NOT heard any real news on any effort/progress/etc beyond the initial announcement that the admins over there were gonna rebuild the site.

Hopefully some admin over there on the rebuild (knock wood) will reply on this or the above thread.

Anyway if the OP is correct on this thread could be another sign of his viewpoint that LTC is dead/dying.

(myself I'm a fence sitter no idea)



sr. member
Activity: 252
Merit: 250
April 21, 2016, 11:15:09 PM
#33
Past few days, bitcoin went from 420 to 440, lite coin stay at 3.2, as a result, ltc also went from 0.0077btc to 0.0074 btc.

All i can say is Lite coin is quite stable, hardly outperform Bitcoin.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
April 21, 2016, 06:10:06 PM
#32
Only two things can resurrect it: anonymity & instant transactions.

The Core dev team decided that they would experiment with anonymity features this year; please look at the Litecoin Core AMA: https://www.reddit.com/r/litecoin/comments/3z2ta1/ama_official_litecoin_developers_and_litecoin/

By instant transactions, I'm assuming you mean faster block time? Or do you mean something like lightning, lightning support is coming. Litecoin is having it's own special block scaling solution revealed soon.

Are you the main losh I hear mentioned with regard LTC?
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