name just one better alt coin with his own network which is evenly distributed to ppl
pls don`t say XPM which is ruled by 50+ % by botnets and ppl having power to abuse big server clouds for free (who want a coin which is mined by thief?)
also working scrypt fpga will be out in ~2 months
Topic: Why the loss of confidence in litecoin? - page 10. (Read 13836 times)
Dunno why everybody is panicking. The exact same thing happened to Bitcoin a couple years ago (2011 some time) when it slowly slid down to $1.96'ish. The non-early adopters were crying about how expensive BTC was, even at $1.96. Those who bought at the peak were crying about how much the price diminished from the $32 high or whatever it was. Seemed like everybody was crying about something, but a few of the wiser ones (or really lucky guessers) were saying, "You want cheap BTC, here's your chance." Turns out they were right, and it looks like LTC is following a similar trajectory.
That illustrates what CAN happen, but not necessary what WILL happen.
The cryptoworld was a very very different place back then. Quick example, we have about 70 other altcoins to choose from now.
Break it down for me - crypto for dummies 
Maybe because newer coins with more innovative features are gaining popularity.
Dunno why everybody is panicking. The exact same thing happened to Bitcoin a couple years ago (2011 some time) when it slowly slid down to $1.96'ish. The non-early adopters were crying about how expensive BTC was, even at $1.96. Those who bought at the peak were crying about how much the price diminished from the $32 high or whatever it was. Seemed like everybody was crying about something, but a few of the wiser ones (or really lucky guessers) were saying, "You want cheap BTC, here's your chance." Turns out they were right, and it looks like LTC is following a similar trajectory.
Litecoin kicks puppies and steals candy from little kids. I heard it once pushed down an old man for no reason. It was just in a bad mood or something.
On the other hand, Bitcoin works hard, gets good grades, and always eats its vegetables.
On the other hand, Bitcoin works hard, gets good grades, and always eats its vegetables.
Litecoin shot a man in Reno, just to watch him die.
In all semi-seriousness, BTC is up and LTC isn't on Gox (no surprises there). IIRC, something similar happened the last time Gox made a "we're gonna support LTC!" announcement, so I'm not surprised it's happened again.
There isn't any good news for Litecoin. Wait till you see "MtGox Litecoin has arrived"
And you would class that as good news?
true, but still insignificant compared
it will never be until someone comes out with ltc asic.
There isn't any good news for Litecoin. Wait till you see "MtGox Litecoin has arrived". Booom, litecoin at $20.
... AND has good developers.
Isn't Litecoin just a Bitcoin with some numbers multiplied by 4? Is there any development required?
Its hashing algorithm is totally different (the memory-intensive Scrypt instead of SHA-256).
Scrypt idea was borrowed from Tenebrix and Fairbrix.
Litecoin kicks puppies and steals candy from little kids. I heard it once pushed down an old man for no reason. It was just in a bad mood or something.
On the other hand, Bitcoin works hard, gets good grades, and always eats its vegetables.
On the other hand, Bitcoin works hard, gets good grades, and always eats its vegetables.
very low amount of coding needed.
It has no real features anyways.
It has no real features anyways.
Especially because scrypt have been implemented earlier in Tenebrix.
BTW I like LTC but I must agree there are not much development or new features. I follows the latest BTC code with very little changes, instead of trying to find new ways or adding more features.
Gox isn't responding so his promises about adding ltc there are viewed as fake + bitcoin is going up = people can't see potential in it at this time.
Its hashing algorithm is totally different (the memory-intensive Scrypt instead of SHA-256).
Is Colin Percival in the list of Litecoin developers?
... AND has good developers.
Isn't Litecoin just a Bitcoin with some numbers multiplied by 4? Is there any development required?
Its hashing algorithm is totally different (the memory-intensive Scrypt instead of SHA-256).
... AND has good developers.
Isn't Litecoin just a Bitcoin with some numbers multiplied by 4? Is there any development required?
just up and down. litecoin is here to stay, dont worry 
naa, litecoin will either die out, or be a toy currency. Quote
its the second largest network
true, but still insignificant compared to bitcoin.Quote
AND has good developers. no other coin has that.
lol, no they have not. no cryptocurrency have good developers. 
just up and down. litecoin is here to stay, dont worry
its the second largest network AND has good developers. no other coin has that.
its the second largest network AND has good developers. no other coin has that.
Thanks to Mt Gox...
the main question is... once bitcoin gets mass adopted will early bitcoin users be buying their coins for $1k each? or will they be looking for alternatives. in the end, we just use it to store our wealth - mechanisms are the same. and ltc at the moment is second strongest network.
Litecoin is special for the mass adoption by merchants and people accepting it as payment. The network is solid.
The only coin that can stand in the shadow of Bitcoin.
Exactly! LTC is steady and its prob the last opportunity to get it cheap.The only coin that can stand in the shadow of Bitcoin.
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