Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: mah87 on January 02, 2013, 09:07:36 AM



Title: Litecoin is going down and down , time to sell everything and run away !!!
Post by: mah87 on January 02, 2013, 09:07:36 AM
We're fucked! sell all your litecoin now !! it won't worse anything soon!

Seriously !!! This is SHIT!


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: nethead on January 02, 2013, 09:14:21 AM
Muahaha! Anyone who doesnt want his litecoins can throw them at me LWFNZoEaiS519a4hqnVGjSbQjDnH7anLK5


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: nethead on January 02, 2013, 09:41:26 AM
hahaha!! I thought it costs 20 EUR (as it says on steam)
Nuh! Ive been scammed from frc! lol


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: dstruct2k on January 02, 2013, 09:56:48 AM
We're fucked! sell all your litecoin now !! it won't worse anything soon!

Seriously !!! This is SHIT!
If you're serious, I'll buy everything you (and anyone else) want to sell at 0.0035 BTC per LTC.


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: bushstar on January 02, 2013, 10:59:22 AM
I recently got spooked by the lack of an active Litecoin developer and sold my measly 6,000LTC. I'm glad I did as the market has dropped since then.

The last code commit from Coblee was 6 months ago.

https://github.com/coblee/litecoin

Looking at Coblee's post count, it seems he lost his enthusiasm after his Pirate Pass-through.

https://bitcointalk.org/index.php?action=profile;u=20651;sa=showPosts

I want to believe in Litecoin but I find it hard when it appears that it will no longer be maintained by Coblee. I would love to hear from Coblee as to what his plans are, if you're reading this Coblee then please let us know what is going on. Perhaps others can pick the project up from where it is but the longer we wait the further Litecoin gets from the Bitcoin code base.


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: 420 on January 02, 2013, 11:17:27 AM
Name:   coblee
Posts:   1125
Position:   Donator
Date Registered:   June 09, 2011, 09:18:41 AM
Last Active:   January 01, 2013, 11:50:26 PM


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: dreamwatcher on January 02, 2013, 11:19:56 AM
I recently got spooked by the lack of an active Litecoin developer and sold my measly 6,000LTC. I'm glad I did as the market has dropped since then.

The last code commit from Coblee was 6 months ago.

https://github.com/coblee/litecoin

Looking at Coblee's post count, it seems he lost his enthusiasm after his Pirate Pass-through.

https://bitcointalk.org/index.php?action=profile;u=20651;sa=showPosts

I want to believe in Litecoin but I find it hard when it appears that it will no longer be maintained by Coblee. I would love to hear from Coblee as to what his plans are, if you're reading this Coblee then please let us know what is going on. Perhaps others can pick the project up from where it is but the longer we wait the further Litecoin gets from the Bitcoin code base.

Perhaps you missed this on the old git you linked:



Official Litecoin repository has moved to: — Read more

https://github.com/litecoin-project/litecoin

Last update: 16 days ago



Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: bushstar on January 02, 2013, 11:28:06 AM
I recently got spooked by the lack of an active Litecoin developer and sold my measly 6,000LTC. I'm glad I did as the market has dropped since then.

The last code commit from Coblee was 6 months ago.

https://github.com/coblee/litecoin

Looking at Coblee's post count, it seems he lost his enthusiasm after his Pirate Pass-through.

https://bitcointalk.org/index.php?action=profile;u=20651;sa=showPosts

I want to believe in Litecoin but I find it hard when it appears that it will no longer be maintained by Coblee. I would love to hear from Coblee as to what his plans are, if you're reading this Coblee then please let us know what is going on. Perhaps others can pick the project up from where it is but the longer we wait the further Litecoin gets from the Bitcoin code base.

Perhaps you missed this on the old git you linked:

Official Litecoin repository has moved to: — Read more

https://github.com/litecoin-project/litecoin

Last update: 16 days ago

Thanks for that Dreamwatcher. It looks like Greedi has taken over coding which is good to know. I kept looking at the old repository and got worried.


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: DryPowder on January 02, 2013, 12:53:01 PM
We're fucked! sell all your litecoin now !! it won't worse anything soon!

Seriously !!! This is SHIT!

Yep, LTC is a Pump and Dump for BitCoin miners, Pumping LTC to dumping for BTC … To much for the “Silver” coin;    :-[


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: psybits on January 02, 2013, 12:59:05 PM
You can swap some Litecoin with m
We're fucked! sell all your litecoin now !! it won't worse anything soon!

Seriously !!! This is SHIT!

Yep, LTC is a Pump and Dump for BitCoin miners, Pumping LTC to dumping for BTC … To much for the “Silver” coin;    :-[

Ha ha ha you can swap some with me for some web design / online marketing work  ;D


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: Bowjob on January 02, 2013, 01:09:29 PM
As much as I like to pwn these trolls.. LTC is indeed dropping. :(


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: psybits on January 02, 2013, 01:11:51 PM
As much as I like to pwn these trolls.. LTC is indeed dropping. :(

Someone's probably just offloading a very large amount. It'll most likely come back up  ;)



Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: bitcool on January 02, 2013, 08:28:49 PM
As much as I like to pwn these trolls.. LTC was indeed dropping. :(
FTFY.


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: creativex on January 02, 2013, 08:30:42 PM
LTC can bounce like a super ball when buyers take over. Run counter to the herd or get whipsawed.


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: xorxor on January 02, 2013, 09:37:40 PM
it's simple:

BTC block reward halved, LTC mining became 2 times more profitable than BTC.
 that caused a real rollercoaster od LTC hashpower, and a lot of BTC-only miners ended with a lot LTC on their balance, so they dumped it all.
http://www.litecoinpool.org/charts
check second chart

Now its stabilized at almost 1:1 profitability, btc-only miners returned to btc, and LTC miners that left, are those who believe in ltc and hoard some, not selling everything.  now LTC will return to "natural" cryptocurency behavior which should be [don't have to] slow steady rise side by side with BTC.

also, I'm not the only one knowing this, some smart speculants knew it from the begining, and helped to drop by speculative sell - they talk about it open text in BTC-E chat and this forum. welcome to capitalism.


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: creativex on January 02, 2013, 09:41:28 PM
Normal alt crypto behavior is pump and dump. LTC has not followed this behavior.


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: tacotime on January 02, 2013, 09:47:12 PM
Until ASICs actually hit, there's no real reason for LTC mining to be more profitable then BTC mining.  Hence the price correction.


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: xorxor on January 02, 2013, 09:57:16 PM
Normal alt crypto behavior is pump and dump. LTC has not followed this behavior.

well , most "alts" are not cryptocurrencies, but cryptoscams. i believe LTC is not.


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: Simran on January 02, 2013, 10:13:03 PM
Normal alt crypto behavior is pump and dump. LTC has not followed this behavior.

well , most "alts" are not cryptocurrencies, but cryptoscams. i believe LTC is not.

litecoin not different than other crypto currency


Each crytocurrency is different.


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: dreamwatcher on January 02, 2013, 10:26:40 PM
Normal alt crypto behavior is pump and dump. LTC has not followed this behavior.

well , most "alts" are not cryptocurrencies, but cryptoscams. i believe LTC is not.

I normally do not comment on accusatory posts, but the trend of new, low post count posters is driving me crazy.
 
Can you explain why:

PPC is a "Scam"?

Terracoin is a "Scam"?

Freicoin is too new and still being debated. As such I find it impossible for anybody who is honestly interested in a true evaluation of the coin to have come to a INFORMED decision  yet.

Or are you just making baseless accusations, with little to NO knowledge of cryptocoin economies?

This is not aimed at posters who have experience in crypto currencies who publish opinions based on reason with evidence to back them up. I respect all views and in fact welcome them when they are thought out.

But when one simply states,  "well , most "alts" are not cryptocurrencies, but cryptoscams."    I have to wonder what the hell was the point of even posting.


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: Darktongue on January 02, 2013, 11:04:41 PM


 When PeePee coin hit prime time LTC dropped. I'm not suprised It's dropping again. I call it ADD coin for that reason. Everyone bitches about it when a new coin comes along... but look who's bitching about it! It's the individuals who stop everything for the new coin. they rack in the new coin with crossed fingers and toes under some idea that they are going to be filthy rich early adopted users of the coin.

meanwhile I still invest and trade in LTC. I love it I have no desire for the new breed of coins. I don't want to be filthy rich because honestly I don't want the fucking stigma. I'll soon enough get that way without being greedy about it.

Go invest some coin on LTC global for Christ sakes. push it around as you would BTC.. The more It's used the more stability it has am I not correct?


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: xorxor on January 03, 2013, 01:37:22 AM
Normal alt crypto behavior is pump and dump. LTC has not followed this behavior.

well , most "alts" are not cryptocurrencies, but cryptoscams. i believe LTC is not.

I normally do not comment on accusatory posts, but the trend of new, low post count posters is driving me crazy.
 
Can you explain why:

PPC is a "Scam"?

Terracoin is a "Scam"?

Freicoin is too new and still being debated. As such I find it impossible for anybody who is honestly interested in a true evaluation of the coin to have come to a INFORMED decision  yet.

Or are you just making baseless accusations, with little to NO knowledge of cryptocoin economies?

This is not aimed at posters who have experience in crypto currencies who publish opinions based on reason with evidence to back them up. I respect all views and in fact welcome them when they are thought out.

But when one simply states,  "well , most "alts" are not cryptocurrencies, but cryptoscams."    I have to wonder what the hell was the point of even posting.


  U hypocrite!

You are accusing me of :
-baseless accusations
-NO knowledge

-show me where I stated about PPC, TRC or FRC being a scam.
i NEVER did it. not baseles, not with reason and evidence.

and look here : https://bitcointalk.org/index.php?topic=134179.0

I put PPC TRC and FRC away from " dead / dying / experimental / scam / buggy code " category ,
stating that IT IS NOT A SCAM. or at least, I believe they're not.


- no knowledge ? pfff  learn yourself :

-IXC IxCoin
-SC Solidcoin
-GG Geist Geld
-TBX Tenebrix
-MMM MMMcoin

and think again,  these are premined .

 pump and dump is a scheme involving normal market forces and legal actions.
premine is simple conman stealing scam.

also check how easy I was on most of the  " dead / dying / experimental / scam / buggy code " category .
no word about scam in any of them but solidcoin.

so, You my frend showed that:

- you have very little or NO knowledge of history of cryptocurrencies
- you make baseless accusations.

so i'm waiting for apologies mister , you clearly mistaken me for someone else.

you dont know me, dont be so fast at judging.






Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: dreamwatcher on January 03, 2013, 02:06:17 AM
Normal alt crypto behavior is pump and dump. LTC has not followed this behavior.

well , most "alts" are not cryptocurrencies, but cryptoscams. i believe LTC is not.

I normally do not comment on accusatory posts, but the trend of new, low post count posters is driving me crazy.
 
Can you explain why:

PPC is a "Scam"?

Terracoin is a "Scam"?

Freicoin is too new and still being debated. As such I find it impossible for anybody who is honestly interested in a true evaluation of the coin to have come to a INFORMED decision  yet.

Or are you just making baseless accusations, with little to NO knowledge of cryptocoin economies?

This is not aimed at posters who have experience in crypto currencies who publish opinions based on reason with evidence to back them up. I respect all views and in fact welcome them when they are thought out.

But when one simply states,  "well , most "alts" are not cryptocurrencies, but cryptoscams."    I have to wonder what the hell was the point of even posting.


  U hypocrite!

You are accusing me of :
-baseless accusations
-NO knowledge

-show me where I stated about PPC, TRC or FRC being a scam.
i NEVER did it. not baseles, not with reason and evidence.

and look here : https://bitcointalk.org/index.php?topic=134179.0

I put PPC TRC and FRC away from " dead / dying / experimental / scam / buggy code " category ,
stating that IT IS NOT A SCAM. at least, doesn't look like one now.


- no knowledge ? pfff  learn yourself :



-IXC IxCoin
-SC Solidcoin
-GG Geist Geld
-TBX Tenebrix
-MMM MMMcoin

and think again, premined and dumped. pump and dump is a scheme involving normal market forces and legal actions.
premine is simple conman stealing scam.

also check how easy I was on most of the  " dead / dying / experimental / scam / buggy code " category .
no word about scam in any of them but solidcoin.

so, You my frend showed that:

- you have very little or NO knowledge of history of cryptocurrencies
- you make baseless accusations.

so i'm waiting for apologies mister , you clearly mistaken me for someone else.

you dont know me, dont be so fast at judging.

Quote
well , most "alts" are not cryptocurrencies, but cryptoscams." 


Are those not your words?

LTC,DEV, PPC, TRC and FRC are really the only active coins at this time.

You wrote 
Quote
well , most "alts" are not cryptocurrencies, but cryptoscams." 

Now you claim 3 of the coins I mentioned are not scams. Which is it?

Are most alt coins scams or not?

I will not apologize for pointing out the disrespect you have shown the authors of these active coins with a broad sweeping generalization of their work.

The coins you mention as scams have been long dead as they should be, thus proving the free market will root out bad coins.

I made no mention of the list in you have made in the other thread, I am only speaking of the broad brush you have painted alt-coin developers in THIS thread.

I am done with this, 
This is precisely the reason I normally do not respond to posts like this. It almost always ends in hyperbole.
Believe what you want, say what you want. I have stated how I view your statement and how other posters see it, is up to them.

 


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: xorxor on January 03, 2013, 02:41:40 AM

Are those not your words?

LTC,DEV, PPC, TRC and FRC are really the only active coins at this time.

You wrote  
Quote
well , most "alts" are not cryptocurrencies, but cryptoscams."  

Now you claim 3 of the coins I mentioned are not scams. Which is it?

Are most alt coins scams or not?

I will not apologize for pointing out the disrespect you have shown the authors of these active coins with a broad sweeping generalization of their work.

The coins you mention as scams have been long dead as they should be, thus proving the free market will root out bad coins.

I made no mention of the list in you have made in the other thread, I am only speaking of the broad brush you have painted alt-coin developers in THIS thread.

I am done with this,  
This is precisely the reason I normally do not respond to posts like this. It almost always ends in hyperbole.
Believe what you want, say what you want. I have stated how I view your statement and how other posters see it, is up to them.
 


Quote
Are those not your words?

LTC,DEV, PPC, TRC and FRC are really the only active coins at this time.

no actualy i did not stated that, when did you find those "my words" ?

I listed as active :
BTC LTC NMC PPC DVC TRC FRC also stated "alive" at IXC and asked public opinion should it be moved to "alive and well" with response only from FuzzyBear

 
Quote
Now you claim 3 of the coins I mentioned are not scams. Which is it?

well, actualy, it is the same. 3 of the coins you mentioned [PPC TRC FRC] are amongst them,
funny thing, they are also among your faulty list of "my words" which is incomplete, so you are a little lost here.

Quote
Are most alt coins scams or not?
The coins you mention as scams have been long dead as they should be, thus proving the free market will root out bad coins.

well, as you pointed, proven scams must be dead.
so don't tell me to show proven scams in active coins, would you ?
and you just stated a lot of alts are dead and they should be being scams, so you agree.

Quote
I will not apologize for pointing out the disrespect you have shown the authors of these active coins with a broad sweeping generalization of their work.
I made no mention of the list in you have made in the other thread, I am only speaking of the broad brush you have painted alt-coin developers in THIS thread.

I am done with this,  
This is precisely the reason I normally do not respond to posts like this. It almost always ends in hyperbole.
Believe what you want, say what you want. I have stated how I view your statement and how other posters see it, is up to them.

run away , dont start flamewar if you not gonna take it.

funniest thing in all your anger is that I TOTALY AGREE WITH YOU in almost every point you make. you just mistaken me for someone else, claiming all low post count people are the same - ant thats only thing we disagree. You are angry at someone else, not me.


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: crazy_rabbit on January 03, 2013, 03:22:29 AM
Litecoin is just down because nothings 'up' lately. Whats the latest Crypto-innovation of late? Not much is going on to be honest. Crypto currency needs to always grow or people start screaming the sky is falling. People are making inroads with LTC, just slowly and quietly. We are still all waiting to see what ASIC brings.


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: Darktongue on January 03, 2013, 03:24:55 AM


 Jesus Christ....total fail of points being made. The big picture is pretty fucking clear here. as long as new alt coins are produced. pre-mined or otherwise. LTC will suffer the effects of it. everyone is guilty at some point of "pump and dump". it does harm the whole system. thus os why I on a personal level am only focused on BTC/LTC. NMC is a factor but It's goal isn't the same as the other two.

As a matter of opinion are the other coins a scam? My awnser is 50/50. Some developers care others want a name sake. Some want to put effort into it. they want to converse and make something of it. Others want something that can hold enough water to be worth enough BTC to make a quick getaway with a few hundred or more of what's working.

on and on we can go... but the point here is LTC is not dead. more and more it IS being used. because it dropped suddenly doesn't make it a scam. it makes it a victim of jaded individuals once like myself who thought... "Hey, I can mine this shit... trade this shit... and get more for my energy costs."

So really the scam question of the day is... who the fuck is the real enemy here? the guy that makes the 4th through umteenth level coin or the people mineing and tradeing the coin that's not even worthy of asswhipe?



Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: smoothie on January 03, 2013, 08:27:27 AM
Litecoin is just down because nothings 'up' lately. Whats the latest Crypto-innovation of late? Not much is going on to be honest. Crypto currency needs to always grow or people start screaming the sky is falling. People are making inroads with LTC, just slowly and quietly. We are still all waiting to see what ASIC brings.

+1


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: nethead on January 03, 2013, 10:51:46 AM
Asics are scam nothing will arrive and it will be the end of bitecoin

This is partly good and partly bad, if its true. Hope people dont lose any money or they get refunded. I kinda wish they are scam but due to the fact that behind it are real people with their info publicly known, there must be something real


Title: Re: Litecoin is going down and down , time to sell everything and run away !!!
Post by: nethead on January 03, 2013, 11:27:29 AM
Asics are scam nothing will arrive and it will be the end of bitecoin

This is partly good and partly bad, if its true. Hope people dont lose any money or they get refunded. I kinda wish they are scam but due to the fact that behind it are real people with their info publicly known, there must be something real

-1 to everything you could say you are the guy buying free games =D

hahah (/me hugs mah87)