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Topic: Whats up with LTC? - page 4. (Read 5511 times)

legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
July 05, 2014, 07:27:29 PM
#41
LTC is too big to fail.  Some rich guy will probably come in last minute and buy up the sell whales.


 umm. . . it already failed dude

~CfA~

Based on what metrics?

Did the security of LTC fail?

Did the blockchain fork?

Oh wait you are purely looking at the price of LTC in terms of BTC or USD.

Litecoin and the protocol it uses does not care what its price is.
legendary
Activity: 826
Merit: 1002
amarha
July 05, 2014, 03:52:25 PM
#40

And see this is what I'm talking about when I post about the insanity of the Litecoin community letting their coin just die like this while you have legends like this reaching out with good ideas. But nothing ever seems to happen in Litecoin but complacency and arrogance. Blows my mind to see 300 mil market cap coin go to waste like this. Litecoin with it's market cap had such a huge advantage over other alts which it could have used to cement itself as the alternative to bitcoin if there was enough will in the community to push some boundaries and innovate.

The only positive thing I'm getting from this is some faith restored in free markets. The market is adapting and responding to Litecoins lack of initiative. And in the future other coins will learn not to get complacent, as Litecoin will live to be a cautionary tale.
legendary
Activity: 826
Merit: 1002
amarha
July 05, 2014, 03:46:03 PM
#39
Why did the Coblee decide to keep the vanilla scrypt algo and let Litecoin go to the ASICs anyway? I read his post with his supposed explanation, but the logic was so weak that it almost seems like he would have more to gain by letting this happen. The justification was just odd and went against the one of the primary, if not the primary goal of Litecoin.
hero member
Activity: 770
Merit: 500
July 05, 2014, 12:05:29 PM
#37
LTC is too big to fail.
Like Titanic.

+1, these people think because a coin Had a decent size marketcap, it was too big to fail.

Have you never looked at all those big companies that went backrupt? Did you not see all the car manufactoring firms having to get bailed out of bankruptcy by the U.S government?


If Litecoin were a company, it'd be a failing one, laying off it's workers because of lack of revenue, and eventual bankruptcy.



LTC has no operating costs.

You're joking right.

People's GPU, ASIC's, and Nodes keep the LTC network running, making new coins. If people stopped running nodes for LTC, and stopped mining= Dead, and the network would Halt.


You obviously have no idea how cryptocurrencies work do you..
hero member
Activity: 770
Merit: 500
July 05, 2014, 11:55:38 AM
#36
LTC is too big to fail. 
Like Titanic.

+1, these people think because a coin Had a decent size marketcap, it was too big to fail.

Have you never looked at all those big companies that went backrupt? Did you not see all the car manufactoring firms having to get bailed out of bankruptcy by the U.S government?


If Litecoin were a company, it'd be a failing one, laying off it's workers because of lack of revenue, and eventual bankruptcy.

hero member
Activity: 770
Merit: 500
July 05, 2014, 10:32:41 AM
#35
LTC is too big to fail.  Some rich guy will probably come in last minute and buy up the sell whales.


It is already failing if you are following the recent trends.
hero member
Activity: 700
Merit: 520
July 05, 2014, 10:00:39 AM
#34
commodity like litecoin that can get support (help) from anywhere over the world anytime?

Litecoin is an utter piece of shit crapclone of Bitcoin which is dying hard right now.
if u were to honestly tell any1 to buy this id consider u a hardcore financial fraud criminal

~CfA~
legendary
Activity: 966
Merit: 1000
July 05, 2014, 09:58:54 AM
#33
LTC is too big to fail.  Some rich guy will probably come in last minute and buy up the sell whales.


i disagree with you, there was no one to save titanic. when big things fail and fail badly then you will find no one to save them.
How can you compare a ship that crashed with commodity like litecoin that can get support (help) from anywhere over the world anytime?
hero member
Activity: 700
Merit: 520
July 05, 2014, 09:54:19 AM
#32
LTC is too big to fail.  Some rich guy will probably come in last minute and buy up the sell whales.


 umm. . . it already failed dude

~CfA~
full member
Activity: 140
Merit: 100
July 05, 2014, 09:34:03 AM
#31
LTC is too big to fail.  Some rich guy will probably come in last minute and buy up the sell whales.


i disagree with you, there was no one to save titanic. when big things fail and fail badly then you will find no one to save them.
sr. member
Activity: 266
Merit: 250
July 05, 2014, 08:41:19 AM
#30
LTC is too big to fail. 
Like Titanic.
hero member
Activity: 756
Merit: 506
July 05, 2014, 05:34:10 AM
#29
LTC is too big to fail.  Some rich guy will probably come in last minute and buy up the sell whales.
sr. member
Activity: 490
Merit: 250
July 05, 2014, 05:27:00 AM
#28
Going, going, gooone! Goodbye ltc it was nice knowing you. Now lets start the countdown to Bitcoins demise..
legendary
Activity: 1876
Merit: 1000
July 05, 2014, 04:53:19 AM
#27
Litecoin was somewhat interesting as long as it stayed GPU only. Now it is just a version of Bitcoin without the first mover advantage.

Ltc will surpass btc with mass adoption soon enough, not many serious investors will risk an anon dev especially with such a large stake, thats the huge advantage ltc has over btc.




Surpass BTC? LTC is more or less useless. If any were to surprass BTC it will be one of these new coins like NXT, XCP etc.

joe public or wall street aint going to even look at the crap people are dribbling on about here, its all btc/ltc and the bs u guys a peddling to make fiat just isn't going to wash.
legendary
Activity: 1050
Merit: 1000
July 05, 2014, 03:49:32 AM
#26
Litecoin was somewhat interesting as long as it stayed GPU only. Now it is just a version of Bitcoin without the first mover advantage.

Ltc will surpass btc with mass adoption soon enough, not many serious investors will risk an anon dev especially with such a large stake, thats the huge advantage ltc has over btc.




Surpass BTC? LTC is more or less useless. If any were to surprass BTC it will be one of these new coins like NXT, XCP etc.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
July 05, 2014, 03:35:00 AM
#25
look at all others alt, all are going down a little bit. litecoin is still the best alt out there with biggest market cap, silver of crypto  Smiley
member
Activity: 167
Merit: 10
July 05, 2014, 03:34:32 AM
#24
Scrypt ASICs changing the altcoin world. Because these Scrypt ASICs are not cheap, I expecting big selling pressure on Scrypt coins for the Scrypt ASICs owners to get positive ROI quickly
newbie
Activity: 19
Merit: 0
July 05, 2014, 03:32:07 AM
#23
What can Litecoin do that Darkcoin can't?

Trick question they both can't do anything BTC can't.
hero member
Activity: 532
Merit: 500
July 05, 2014, 03:23:45 AM
#22
What can Litecoin do that Darkcoin can't?

Confirm slowly.

Litecoin was somewhat interesting as long as it stayed GPU only. Now it is just a version of Bitcoin without the first mover advantage.

Actually, Darkcoin also has 2.5-minute confirmations.  Wink

But yes, my basic point was that Litecoin is not so special anymore.
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