Bitcoin Forum

The alt community should focus all its might on getting Litecoin going as a true BTC alternative, and I will share with you why.  Litecoin was gaining major ground against BTC when the flood of scamcoins happened.

I was speculating about recent shenanigans in general on IRC when I was messaged on IRC that from someone who would definitely know that some of the flood of altcoins is being done purposefully by BITCOIN-ONLY adherents in a Machiavellian attempt to discredit Litecoin...as Litecoin was getting close to MAJOR acceptance as *THE* BTC alternative - it was no coincidence that it was at that time the scams hit the alt community like a mack truck!

UNTIL - *one* alt gets widespread acceptance (and IMHO) Litecoin is the most fairly distributed, was the first scrypt based with some real advantages over BTC, and LTC has some real existing value, long term track record, and the ONLY CHANCE to break the BITCOIN MONOPOLY NOW BEFORE IT IS TOO LATE.

I would urge the alt community to stop self-destructing!  Push Litecoin together, then later mess with another alt - or there will be NO ALTS.

Stop and *think* they are winning in getting any "altcoin" automatically seen as a scam!

Uniting behind Litecoin acceptance is a last hope at this point IMHO.  Certain people you may know of from the Wiki, here, and in the ASIC business who HATE Litecoin and have done everything to keep Litecoin out of the press and off of Wikipedia are trying to MAKE anything other than Bitcoin be perceived as "scam."  Much trickery and manipulation has been done to protect their BTC only investment MONOPOLY.

Certain BITCOINERS (ASIC Investors/producers/owners, DEVS, HOARDERS) are using Nelson Rockefeller/Nathan Rothschild type tactics to create a CRYPTO-CURRENCY MONOPOLY.  This is the worst possible outcome.

The shills will come to this thread and tell us why they love Feathers, and Royals, and CHN - its all to fracture the effort THAT WAS WORKING to make LTC BIG.

There are new fake accounts here to fracture and divide this community, there is HUGE pressure on GOX and other retailers, service providers etc to *NOT* accept LTC.


Divide and Conquer? Please Stop and Think...this community is being played like a fiddle, divided and broken, - unite behind LTC and win or else *everyone* loses.

THEY FEAR LITECOIN.  They have BIG money to protect, don't let them make you all their fools - I have never seen a community so well manipulated as this one has been since the LTC rise.

First they ignore you, then they laugh at you, then they fight you, then you win.

They are fighting us, all out.  Can we put aside differences long enough to win?

Getting LTC widespread acceptance is the KEY to opening the door to other alts, and EVERYONE having a seat at the table - if we do not stop it now cryptocurrency will become a monopoly.

I am not much for soap boxing - but I felt this needed to be shared.  Do you want a market of cryptocurrencies or a single one?  Unless one is pushed into the public now the chance will be GONE.  Best.


---edit---

I have about 1000 LTC.  Not even worthy of mentioning.  I am not an early hoarder of either currency - however I care about the future of my money.  Personally I have more fiat value in the Bitcoins I have mined, than the Litecoins.

This is of interest to me because of the corporate takeover of BTC that is happening.

I predicted the Litecoin hate and here it comes pouring into this thread - I posted this because I truly believe that we need to establish a majorly accepted Bitcoin alternative NOW before it is too late.

This is deeply important if you care about what type of cryptocurrency future we have.

SAY NO TO A ONE CURRENCY MONOPOLY.

There is mega-corporate attention and takeover of crypto-currency underway, and they are focusing on Bitcoin to do it.  An alt (Litecoin IMHO) keeps this a democratized system where the people create money - not a central ASIC authority.

these people are not our friends -


https://bitcoinfoundation.org/  - all of you have greed making you blind.

http://s23.postimg.org/6kx70k7tn/found.jpg
These self appointed corporate saviors do NOT speak for a lot of us.

Litecoin FIRST opens the way for more alts later and secures a future OWNED by the people that can STAY anonymous and free.  This is what is important to me - not personal profit motive.  The fact that all of the haters assume it is about personal profit shows that is WHAT IS IMPORTANT TO THEM!

Oh, I see.

Copy pasta reply from altcoin hate (possible scamer who wanted to buy alt coin cheap):
"Litecoin is premined. The insiders mined crap load of block when it was released. Now i cant mine them with large quantity anymore. It must be a scam."

Why? Because you have lots of them. That's why.

Well, I agree to the extent that people, especially here need to focus more on BitCoin and LiteCoin - We are all here because of one thing, BitCoin, we all want BTC to succeed, around the world. We want to push it, advertise it, have more and more people accepting it so our BitCoin will be worth more in the long run, as well as having this type of currency as a alternative to the "almighty" dollar - It's not a bad thing to have a "silver" to the "gold" such as LTC, I see no reason why both cannot coincide with each other.  Yes we can all make money pumping and dumping all these useless alt. coins, but we still have a lot of mountain left to help BTC and LTC climb -

If there is a strategy to defame LTC I would say it failed miserably. With every scam coin it becomes clear that the only two hard currencies we have are BTC and LTC. Anything else is a risky, but often profitable, gamble.

i see ltc at long term invest, other (except btc) are quick bump and dump with hope it will hit exchanged

If anything all of these garbagecoins are making your case for you, as BTC and LTC are granddaddies of them all.

Replace all instances of Litecoin and LTC with Tenebrix and TBX. Litecoin wasn't the first scypt miner and only has ground because people are sad they aren't making a profit with their gpus on bitcoin anymore /thread

Oh, I want there to be one. Absolutely. I consider it a huge convenience that dollars are the only currency I have to deal with and worry about in day to day life. I suspect others feel the same.

I don't really care if Bitcoin, Litecoin, or something else wins out in the end, so long as crypto gains widespread adoption. In my mind, the alts' sole purpose is to innovate in ways Bitcoin is too big and slow and entrenched to attempt. If that means another coin ends up being deemed technically superior, good; then it shouldn't need my help being adopted over Bitcoin.

PS: it is my suspicion that any coin which needs its major stakeholders to beg for more support is not going to overturn Bitcoin.

one more thing, it's pretty funny how he makes BTC the oppressive regime in here. lol

I'm stopping to think about it...

oh wow. I'd never seen the altcoin hate until now, like geniune, bitcoin is the one true god stuff.

That's nuts, man. I like scrypt. If someone CAN make more money mining litecoins, or more bitcoin, why is that bad?

How does that hurt bitcoin or hurt anyone? If no one buys litecoins, well then, it wouldn't work. Clearly, it has some value.... isn't this the advantage to a decentralized currency? no banks, regulation, or rulers, just de facto values assigned based on what one is willing to pay?

Market will decide. As for now the only strong and most traded currency are BTC and LTC, all the others will shade and disappear in a week or so (see chinacoin and feathercoin and other ponzi). The only people defending these "coins" are the unlucky/stupid bagholder.

Love the altcoin hate (people who hate on litecoin particularly), guess BTCers are scared, or just stupid/ignorant/12.

Our resent spat of alt-coins are pump and dumps that are in no way some kind of grand conspiracy against BTC, you people see conspiracies everywhere.  It's just that after the BTc bubble popped and its value has leveled out their is no quick profit their and scamers start scamming again.

Now SOME of the people here are interested in genuinely innovative concepts and they deserve a chance to prove themselves.

Yeh, I can put up with Litecoin..

But that's about it  ;D

No it's not, it is done by some greedy persons that want to make a quick buck on the back of some people, that's it. Litecoin never was meant to overtake Bitcoin else it wouldn't been promoted as the silver to Bitcoins gold, this knows every person involved with Bitcoin, and nobody fears it.

The only thing I can agree with, It's better to focus your energy on Litecoin than on any of those crapcoins.

unite behind LTC.. .i agree, but if all of us started mining LTC the difficulty would make even big GPU Farms unprofitable.
I mean @ 10GH (which is a good chunk of GPUs) you would make 200$ @ 1000 difficulty, which is right around the corner

I have about 1000 LTC.  Not even worthy of mentioning.  I am not an early hoarder of either currency - however I care about the future of my money.  Personally I have more fiat value in the Bitcoins I have mined, than the Litecoins.

This is of interest to me because of the corporate takeover of BTC that is happening.

I predicted the Litecoin hate and here it comes pouring into this thread - I posted this because I truly believe that we need to establish a majorly accepted Bitcoin alternative NOW before it is too late.

This is deeply important if you care about what type of cryptocurrency future we have.

SAY NO TO A ONE CURRENCY MONOPOLY.

There is mega-corporate attention and takeover of crypto-currency underway, and they are focusing on Bitcoin to do it.  An alt (Litecoin IMHO) keeps this a democratized system where the people create money - not a central ASIC authority.

these people are not our friends -


https://bitcoinfoundation.org/  - all of you have greed making you blind.

http://s23.postimg.org/6kx70k7tn/found.jpg
These self appointed corporate saviors do NOT speak for a lot of us.

Litecoin FIRST opens the way for more alts later and secures a future OWNED by the people that can STAY anonymous and free.  This is what is important to me - not personal profit motive.  The fact that all of the haters assume it is about personal profit shows that is WHAT IS IMPORTANT TO THEM!

The price will rise as we build the services to accept Litecoin and trade Fiat for it in the mainstream.

I agree that LTC has the most potential over other altcoins.
But market will decide what happens.

CNC and FTC are dying, other coins will die even sooner.
Time will fix these things.

When Gox starts accepting LTC, other altcoins will be forgotten about.

[blah blah blah]

translated:

I am dummy account and/or corporate shill who wants you to follow the instructions above as all that trading for BTC will lead to Litecoin becoming worthless.

-or-

I am hoarding Bitcoins and want them to go up, if LTC gains traction as a REAL alternative then I lose money.

-or-

I pre-ordered ASICS and I am going to be the only one allowed to mine and make money.  I will control the currency.

It all adds up to - this guy wants a currency monopoly and wants to kill the anonymity and freedom that comes from MULTIPLE cryptocurrencies being used as equal payment methods.

Bitcoin alone -

it is almost WORSE than cash - after the governments and corporations get a hold of it, they will put supercomputers into tracking every satoshi and know where every satoshi goes and who gets what.

the darkside of Bitcoin ONLY is that it is almost perfect for Orwellian Police control and monitoring when it becomes controlled by the corporate government complex.  That is what is happening now.

Fascinating that the Bitcoin foundation talks about their "Foundation's Vision" with a symbol of the all seeing eye right next to it!

Lol at bitcoin monopoly, do you realize how stupid you sound? Think about it. :-\

Litecoin was not on the rise because it was gaining acceptance, it was on the rise because people speculated it would be the next coin on mtgox where it could be dumped on to new bagholders. What is the purpose of actually holding litecoin other than pure speculation?

wow so many posts in like 10 days you have.

another alt account?  I know from someone who has seen IPs that the forum has an alt account problem.

the point is to build acceptance of Litecoin as another useable currency - this is what the alt community should focus their collective work towards - then the value of LTC will rise to support way more than all of the GPU miners combined - since that seems to be the major concern.

i know from an insider that there has been a deliberate, organized attempt to discredit alts, that was greenlighted right as Litecoin started to really gather attention.

i am probably blowing my chance at getting inside info like that again by posting it publicly.

Bain Capital and Paypal are NOT who we want running this show.  I even saw that Lockheed Martin is getting into Bitcoin.

Do you think they are going to let some computer geeks, crypto-capitalists, and other enthusiasts retain control?

This makes me wonder a bit more about who Satoshi really was/worked for - Stuxnet was US/Israeli, so was Flame, was Bitcoin a government's or corporation's experiment?

I took OP's text, Replaced Litecoin with YACoin and Replaced Bitcoin with Litecoin.

Looks Something like below.

You think it's ready to be posted on YACoin support thread??

and Oh BTW I own 10,000 YAcoin. I know its nothing.



**************************************************

The alt community should focus all its might on getting YACoin going as a true LTC alternative, and I will share with you why.  YACoin was gaining major ground against LTC when the flood of scamcoins happened.

I was speculating about recent shenanigans in general on IRC when I was messaged on IRC that from someone who would definitely know that some of the flood of altCoins is being done purposefully by LITECOIN-ONLY adherents in a Machiavellian attempt to discredit YACoin...as YACoin was getting close to MAJOR acceptance as *THE* LTC alternative - it was no coincidence that it was at that time the scams hit the alt community like a mack truck!

UNTIL - *one* alt gets widespread acceptance (and IMHO) YACoin is the most fairly distributed, was the first scrypt based with some real advantages over LTC, and YAC has some real existing value, long term track record, and the ONLY CHANCE to break the LITECOIN MONOPOLY NOW BEFORE IT IS TOO LATE.

I would urge the alt community to stop self-destructing!  Push YACoin together, then later mess with another alt - or there will be NO ALTS.

Stop and *think* they are winning in getting any "altCoin" automatically seen as a scam!

Uniting behind YACoin acceptance is a last hope at this point IMHO.  Certain people you may know of from the Wiki, here, and in the ASIC business who HATE YACoin and have done everything to keep YACoin out of the press and off of Wikipedia are trying to MAKE anything other than Litecoin be perceived as "scam."  Much trickery and manipulation has been done to protect their LTC only investment MONOPOLY.

Certain LITECOINERS (ASIC Investors/producers/owners, DEVS, HOARDERS) are using Nelson Rockefeller/Nathan Rothschild type tactics to create a CRYPTO-CURRENCY MONOPOLY.  This is the worst possible outcome.

The shills will come to this thread and tell us why they love Feathers, and Royals, and CHN - its all to fracture the effort THAT WAS WORKING to make YAC BIG.

There are new fake accounts here to fracture and divide this community, there is HUGE pressure on GOX and other retailers, service providers etc to *NOT* accept YAC.


Divide and Conquer? Please Stop and Think...this community is being played like a fiddle, divided and broken, - unite behind YAC and win or else *everyone* loses.

THEY FEAR YACOIN.  They have BIG money to protect, don't let them make you all their fools - I have never seen a community so well manipulated as this one has been since the YAC rise.

First they ignore you, then they laugh at you, then they fight you, then you win.

They are fighting us, all out.  Can we put aside differences long enough to win?

Getting YAC widespread acceptance is the KEY to opening the door to other alts, and EVERYONE having a seat at the table - if we do not stop it now cryptocurrency will become a monopoly.

I am not much for soap boxing - but I felt this needed to be shared.  Do you want a market of cryptocurrencies or a single one?  Unless one is pushed into the public now the chance will be GONE.  Best.

***********************

Well I heard from an inside source that you are batshit crazy...

It is quickly shifting to who else would even mine these scam coins...

YAC is doomed too, don't be delusional :P

Not targeted at you in any way, but isn't that what everyone under the sun is trying to do with all of these clones? Also, even with it's minor scyrpt edit, the name alone dooms it to a minor market of hobbyists. Who's going to invest seriously in something called YAK, worse, it doesn't even have a true name, just a name that says it's "Just another coin".

Even if the idea works, this implementation of it won't go too far.

Regardless, hope it works out for ya.

I don't know, I personally would like to have a coin that is still much faster than litecoin be the mainstream. People are used to one click paypal online already. Having to wait doesn't feel much like new technology.

OP dont worry, LTC will become big. It is not the handful of geeks on this forum that decide the future of a coin, it is about trust by the average Joe, media attention and acceptance of the coin by (underground) merchants. That is the reason why BTC now has a lot of value.

I think that the trigger for a big value increase for LTC will come from MtGox. A lot of average people are not even aware that there are more crypto's then just BTC. Once MtGox starts offering it and it gets media attention the average Joe's will be interested in this "new" coin and will buy it because it is so cheap compared to BTC.

Nobody should see LTC/BTC as silver/gold but more as Visa/Mastercard or USD/EUR. They can exist next to eachother just fine.
I would advise everyone to buy 1000 LTC, keep for a couple of years and then sell for at least 50$ each.

In the case of that, it would probably be the same thing. As soon as the transaction appears on the network, say it's confirmed, then when X actual confirms apppears, say it's verified. Shouldn't affect to many people unless this is a live payment or something like that.

Well, at least acknowledged that it was only in April that MTGox actually said that were going to do it.
Also, that plan was delayed thanks to all of the attacks on the site, so it's not like there was absolutely no schedule for it

The only laughable here are you and your insults.


Probably the most new alt coins will disappear just as quickly how they come out.
But everyone should distinguish between alt coins with an active development and dayflycoins.

If you generally don't believe in alt coins, fine. But i don't believe that you are able to predict
the success or failure of all alt coins. I am a strong believer that in the long term more than one
cryptocoin having success.

"Success is a term denoting the achievement of aims or attaimment of goals,
or levels of social status, and is often used specifically to mean financial profitability.
People who achieve their goals are frequently termed "successes"."

related to cryptocoins

an by people accepted cryptocurrency with an an active development and community
meaning a payment method where you can buy goods, services
meaning a possibility to save value
meaning a possibility to trade with other cryptocoins without using fiat

Amazing being called nuts by a drug addict with a username "hash pipe" who has appeared on the forum 11 days ago and made almost 100 posts.

So many of these accounts appeared around the time Litecoin was gaining huge momentum and either:

a) bashed Litecoin in rage and called it a scam.

b) promoted an actual scamcoin.

c) both.

I know for a fact that people have made mistakes with their proxies and mods have seen many accounts from the same IPs.  I know for a fact some of these scamcoins were made to discredit all altcoins (main target Litecoin).  Just a few were genuine get rich quick schemes.

There is a lot of dirty dealing going on that is the equivalent of insider trading/fraud, there is also a concerted effort to depress the rise of Litecoin through threats, bribes, and shilling misinformation.

If people would stop buying into the scams and get back to developing services for Litecoin the price would rise to compensate the miners.

I am not even going to go into the launch issues with YACoin.  Congratulations to the alt community for letting simple greed be used by big corporations to defeat ALL alt-coins.  If ONLY Bitcoin is the payment method it will be controlled 100% by government corporations within 10 years.

Realize this forum is more or less 70% shills with an agenda other than the good of the future of multiple cryptocurrencies. 

It is the same technique governments and corporations are CONFIRMED using - for confirmed examples- political parties, the nation of Israel, various corporations, other nations, and paid marketers - actually employ people to try to create "consensus" opinions when they do not exist naturally.  They have one person posting on multiple accounts to try to create a "peer pressure" effect - it works very well.

They employ bots and real people together to influence what is voted up on sites like Reddit, and unfortunately those techniques are being used on this forum in a big way now.

It will be a tragedy if an alternative to BTC is not brought fully to market because of rubes listening to these shills (you can tell who they are look for account creation date between April 26th-May 10th combined with super high post counts for the time they are registered - go through their post history and you will see an obsession with hammering on a few ideas over and over - manic posting).

This forum is really no longer useful, unfortunately the admins do not want to clean up the problem in the alt forum, because they also favor BTC only.

Best.

I think it's hilarious how litecoin devotees argue they are the only true alt coin.  Other than having alot of adopters due to it being one of the first non ASIC scrypt coins, what does it bring to the cryptocurrency community that BTC doesn't?  It's got relatively slow confirmations(compared to all the LTC clones to come out), a dwindling cost/benefit ratio when it comes to mining at current difficulty(locked in for 20 more days afaik), and doesn't solve the micro transaction problem BTC recently admitted to.

Now Im not going to foolishly claim that any of the other alt coins are currently any better, Im just pointing out that there is still a huge market for them because there is still plenty of room for improvement and innovation outside of "new ways to mine!'.   Devs need to realize if they want a alt coin to succeed long term, they need the non miner community to have some incentive to use it as well.  Otherwise you're just another pump and dump, which miners will leave to die when more profits are elsewhere.

Glad you've admitted that about yourself. And actually my name is mhash pipe... must have gone over your head. Or maybe I'm just a manically posting Isreal bot funded by the CIA and lockheed martin trying to reach a certain demographic. Get real...  :D :D :D

Say No to a two currency duopoly.  :P

LTC is the only viable alliterative at the moment. The way I see it BTC had to centralize mining and had to give a lot of wealth distribution to early adopters in order to get someone to get the crypto concept out there. LTC fixes these problems simply because it can address the fundamental needs of a decentralized crypto currency without having to "beg" early adopters to use it, since BTC did that.
All the other cryptos were formed out of greed trying to achieve LTC success (Not NMC, PPcoin and a few others).
Of course we need to unite behind LTC. we can convince average Joe to use LTC as a store of value cause only 20% is held by EA vs 50% with BTC. meaning you get more bang for your buck with BTC. A logical human being would store value in LTC and use BTC for its ease of utility. Maybe MtGox is just saying they will accept it, hoping LTC advocates will rely on that info, giving BTC enough time to kill LTC. I would assume thats the case if they are highly invested in mining, but they could also buy a shitload of LTC and then add it making millions so its a crab shoot. Anyways we should all support LTC, and yes I am invested in LTC, I don't mine, I bought them with BTC, I invested cause I think they are superior and a more fair distribution of wealth, rather than vice versa

I definitely agree that there needs to be a rally behind LTC. Mt.Gox needs to get their *cough* affairs in order and soon. PPC and perhaps NMC, FTC, seem to me to be viable alt-coins, and realistically the same people that made bitcoin what it is could be turned off by the corporate maneuverings happening. This could really push one or several alts in to the big leagues given that the same process could happen, i.e early adopters/techies/libertarians/people in the know make the switch -> price rises -> greater acceptance -> speculators and others invest -> price spikes -> price goes HAM -> who knows.(Probably past the start of that for LTC). Generally this might just mean that there will always be a demand for some lesser known crypto(s), and so while the "scam-coin" flood is kind of ridiculous atm, i'd bet we'll see the rise and fall of many cryptos in the future. It's probably going to be crypto Thunderdome for a bit.

I personally enjoy the idea of Litecoin taking it's as number 2.  Just as a safety measure if BTC or the community needs it.  I don't see anything wrong with that, can't hurt form my perspective it's a great safety measure.  Especially in these early stages who knows I could be way off but that's my opinion for right now.

All of these recent scams do is discredit *ALL* cryptocurrency, and mainly Litecoin.

We were very close to getting Litecoin going as a secondary widespread alternative when the inundation of scamcoins began.  I am not saying Litecoin should replace Bitcoin.

I own more BTC than LTC in current value.

However this flood of FRAUD is ruining the reputation of ALL alts, and it is being done on purpose.

This

I know from someone who has a white coat that you have a paranoia problem.

All these ALT-coins make me laught.
People supporting it, also.

MAYBE litecoin will be a good BTC alternative, but, hey.. how can u say that for sure ?!

UNTIL 3 or 4 YEARS, you cannot. So, now, all these FANTASTIC (scam) coins are useless except for mining (to convert in btc for profit) or speculation.

NOBODY can say, how long they will stay alive. As develop, as growing or merchant acceptance..
Nobody knows, how the next hack-ddos-storm hit one of these alt-coins, will be "assimilated", nor if the coins will be usable or will not due to hack/ddoss/whatever

You are talking of NOTHING.
And more, bitcoin is NOT CLOSED. Is still in development and, maybe u don't know, it's possibile to vote for a change and make in on the source!
So, what's the difference with the other "better" alt-coins features?
The difference is that BTC instead of the others have a dev team behind, who is working every day to the project from years now.
So it's reliable, contrary to the other, that NOW exist and tomorrow cold die without a warning..

SHIT coins are only a big mess and an attemp to late-coins-comers to make some easy bucks trying to sell wather for gold.

I don't know if LTC will be the "silver" of digital currency..
What i know for sure is that Bitcoin is the GOLD, so, why mess up with something MUCH MORE RISKY than btc?!!
Only to GAMBLE on it.. but hey.. u know.. u can play at satoshidice.. u'll have the same chance to guess what will be from here to 4 years ahead.

It's fine to have an opinion, but sheesh, educate yourself about the community first.  Feathercoin isn't going anywhere, if you spent anytime on the official forums, you'd know that.  If you haven't, feel free to visit.. you're more than welcome.


I can only imagine the credit card forums:

"zomg, Visa is American Express is umm... so p0wned"

"Visa uses a .01 block adjustment on yz algorithm.. it won't work. STFU you credit card noob, Diners Club serves a different market"

"You are using THAT card? Freaking scamcard"

"Mastercard and Visa are the only options, everyone else that owns something else is a complete newb, fanboy, (insert cute trendy Internet word)"

Note: I own quite a bit of Litecoin, I hope it succeeds. :)

{hmmm}

Dude - i know a little bit about politics and policy , i have seen nastier politics at the all girls soccer club. a couple of things:

1. when did you get the email? i thought we all kind of assumed that's what the policy was?, ah , why wouldn't Bitcoin / ASIC owners attack an alternative ? , friend that's a part of the market as well.

2. look to the top of the page - is says "bitcointalk.org" - should i continue..... i mean you get the point i'm making right?

3. My opinion of LTC is that is just flew on the wave on the back of the flawed/compromised and pre-mined Bitcoin. - i don't see anything particularly special about it on the acceptability side of things, it was the first Scrypt design no ? that in its self is revolutionary from a technical stand point , but its ... not going to change the world.

4. This is not TV world , so you know have a cup of tea, breath a little, Bitcoin's market is allegedly its aspects of design based around the "freedom" and "etc etc" as soon as it steps away from that its a Donkey. in fact its probably a Donkey anyhow.

5. if BTC goes to TV land that's fine , about 15 alternatives will appear , and be accepted , 5 guys dont decide that , you or i don't , government institutions don’t , the market does.

6. Spam coins are funny and irrelevant in all except , driving the innovation off the Bitcointalk  Forum, especially since they decided to not organize them, so if these "Master Chess players" {lol} wanted to drive all the Alternative innovation to a different place , well,  ah ok,  none of this really matches up to a big win anywhere?

7. just because someone told you something that was already pretty apparent , does not mean that it is A ) totally true or B) even a problem.

8 Gox is just an exchange – exchanges are not exempt from the principals of the market and supply and demand. – Many more exchanges will pop up, come go, so what.

They're fucking ruining a perfectly magnificent currency (LiteCoin) and don't deserve the investment, because they are all massively deflationary, and scammy scamcoins to boot. You will eventually get ripped off on each and every one of them and the only defenders are the miners wishing to cash-in on them and screw your ass to a fine profit. They aren't proper currencies, anyone can make them, and they should be more controlled, like on lesser well-known exchanges, than being place alongside the monoliths of LTC and BTCTC, it's just garbage too much investment in them, why bother!

Zomg, it's all crumbling.. coins should be centrally managed and controlled. Oh wait.. that's the opposite idea around open source software.  It's the same BS we heard in the Linux community forever... zomg, it's another Linux copy, it's all crumbling down.

Zoinks! Can't see a basic point.  :(

This thread confirms my suspicions that the same old gang of dickheads is trying to make bitcoin the "One World Currency" that they control.

The piling on the OP with ad hominems and other logical fallacies is exactly what I expect out of them - its their main tool.

Let's see, you have Charlie Shrem, who has admitted to be related to Rothschilds, as the ONE guy who has magically been able to "navigate regulations" and "get the right licensing" to be the main transmitter between fiat and btc - that should raise red flags right there.

You have Gavin, who got invited to speak to the CIA and calls people "conspiracy theorists" when they question him about it.

You got Garzik, who's called for regulation from day 1.

All 3 of these assclowns have gotten mainstream media attention - the same MSM that is state controlled and lies to us daily and creates staged events weekly.


Now you have a bunch of newly created accounts on turd throwing patrol bad mouthing LTC. Go figure.