Bitcoin Forum

well i admit it was fun while u lasted Litecoin...
u never had innovation... u never had something... but u had the investors.  u had those who missed Bitcoin train
u were pumped and loved... but now... well my little Litecoin... Rest in Peace babygirl, goin back to where u came from.

https://i.imgur.com/TGyX5Xi.png

one year ago i made profit with the babygirl. but now she broke :(

~CfA~

Litecoin too big to fail - just like automobile manufacturers and the banks.  Some rich person will come in last minute, buy up the sell walls and send LTC to $30.

Lol right... ::)

This is all just speculation as always but LTC fucked up that they aren't asic resistant anymore, it was fun with gpu!

All this has happened before, and all this will happen again!


LTC/BTC

http://alojaimagens.com/images/hvy34xqf1ejymj6cy7h.png

This is why I bought Litecoin :)

I was expecting it'd hit lower than 0.01 but maybe this time it won't go that low, I guess now is the time to buy...

I think like you, ltc community is big

It happened to BTC.  Winklevoss bought BTC

may be its a good chance to buy LTC?
for those who missed last massive pump

What incentive is there for someone to do this?

What incentive was there for Winklevoss or Branson to buy up BTC?

A lot of rich people in this world with more money than they know what to do with it.  Seems like a fair trade off to dump $1 to $10 million into LTC while it's down, especially when it could make you $10-$100 million in a few years if LTC goes to the moon.

I think many are speaking to soon on the "death" of litecoin. But hey....please drive the price down more. Thanks.

I'm not someone who hates Litecoin, but do you honestly think that Litecoin will continue to succeed in a competitive market with no innovation or improvement? It's been three years already.

I'm not saying innovation is required for success, but in a free market where the incentives to be on top are very large and competitors are there, it would be odd if a stagnant product could out compete in a modern marketplace.

I've been watching LTC from the beginning and it didn't have to innovate back then. It came along when the only competition was RealSolid's Solidcoin, lol. And then PPcoin which was laughable at the time(I guess less so now, but still). It came in at the right time and it was rewarded for it.

Innovation didn't matter back then, but now I'm not so sure. And I don't own any altcoins at the moment and like I said, I have nothing against Litecoin. It pains me to watch a community with a coin with hundreds of millions of dollars in market cap ignore reality. It's illogical to me.

Glad to see someone is defending against the fud of bad market speculators.

Litecoin had a great advantage as the second big crypto currency but it has not attracted a lot of development or infrastructure.  Too bad.

I was one of the first adopters to litecoin on cpu>gpu, if this holds true, very sad.

I think even one of the big devs removed scrypt mining out of his largely known program.

Edit:
we meet again, Hi smoothie!

If litecoin fails, every alt coin (except pos, or whatever weird shit goes on, will fail), as scrypt was the 2nd, sha-256 being the first, to go through the inevitable mining cycle, of gpus becoming useless. 
Why invest in any other alt, if litecoin has shown us that when a coin reaches enough popularity to have specialized hardware...it is dead.

Sure, someone will chime in, but no one in the real world cares about fancy dark magic tech behind new coins.   
No one in the real world is going to go I will use btc for this and (your choice of another coin) for these purchases.  Do you go pay your bills in usd, and then buy a pack gum with fucking yen?
It is hard enough to explain why btc is valuable, try that with everything else.


That is why I bought some, and debate buying more everyday.  Then I realized that is what I thought about mt gox......
How do you think that worked out for me lol  :-[




 

yes ltc is the key to the rest of the alts staying afloat. ltc survived previous waves of alts which are dead or so close it isnt funny. it continued survival shows cryptos outside of btc can survive.

if it was to die (which isnt going to happen) who'd invest in any alt?

that's what the fools plugging their own shitcoin don't seem to get, they think they have to fud others to push their own crap (for which they'll dump anyways if they make enough fiat).

none of the latest flavors of the month will survive outside of this forum....ltc would  ;)

Seems too much FUD, Litecoin is not dead at all now. Miners do not support dead coins... I mean time to find new block is at least hours for dead coins.

But I do not say it cant happen to Litecoin in next months, I just think the likelihood is very small

There has never been previous alts that Litecoin has faced like there are now it 2014. It's not comparable at all. Since bitcoin peaked out around $1200 the game as changed and the market is now ultra competitive with new tech and code coming out all the time. That was never the case in the last three years where Litecoin sat virtually unopposed.

If extreme negative sentiment is a contrarian indicator, litecoin is destined for greatness.

~L)L~

many or the same guy making lots of the same topics ?

competitive ?
so saturating the scene with useless garbage scam coin clones is competitive ? hmm really go figure who knew ?

You (and other Litecoiners) are misinformed if you think all the new coins are garbage scam coins. Some are truly innovative and that is why Litecoin is in the tank.

Well said.. the Litecoin community has no retort to this, other than call them all scam coins and their innovations gimmicks.  ::)

Anyone with half a brain that has actually done their research on what coins are out and in development can see through this baseless argument.

Yeah, I find the complete disrespect and lack of regard for other technologies odd.

I wonder if we ever see a time when Bitcoin itself is under threat from legitimate competition that we'll see Bitcoiners acting the same way.

Listen it has got nothing to do with innovation, its about making money. When will you understand that? Only a very few people invest in innovation.

I do a small amount of mining and have also bought LTC and BTC with $.
nothing major I have around 100 Litecoins at the moment and thats it.
I know a few people (traditional investors) people who can produce
millions of dollars easily for investment. If I was to ever try to get one of
these people to invest in an alt currency they would just not understand, and when/if they
tried to research it would be first confused and than turned off just to much
fraud, easy manipulation and more than anything FUD. I have been busy last few days wish I saw LTC
take that massive dip , I would have bought some.

People who are saying litecoin is dead seems to keep forgetting that litecoin is still the #2 cryptocurrency when you look at marketcap and volume.

Yes, the value is going down as you can see on the graphs but read the above in bold again.

As long as litecoin is still in the top 10 it is far from dead, just people wishing it was dead so other coins can retake it's place or investors leave litecoin and invest in other alts.

What is it with the "LTC dead" thing? There seems to be a small semi-literate group spamming the forum. Yet, if we look at the facts, we see the mining difficulty getting higher. We also see that the price against BTC is low, but we can see that this is typical, with BTC/LTC exchange rates. They vary, and over the last 12-months have been between 0.009 and 0.05. There appears to be an average of about 0.025 (a guess).

Really nothing has changed, and bringing the "innovation" card into things is absurd. For a start, BTC is useless in terms of making quick transactions, so it is hardly fit to be anything but the commodity it is. LTC is quicker, but Earthcoin is even quicker and I think VOLT faster still.

Crypto people have proved to be conservative, and until Google or Paypal market a contender, LTC is staying put as the second coin in a sea of shite.

What a ridiculous post, and I'm just stumped to  be able to reply in terms that you would understand.

But focusing on the argument you make, I'd like to ask you a question: When did you last beat your wife?

"LTC is staying put as the second coin in a sea of shite. "

This is exactly what I'm talking about. Complete disregard. How exactly are NXT, NEM, DRK, XMR/Monero and BBL, Qora and quite a few others "a sea of shite"?

There is a whole slew of new development attempting to push the frontiers of cryptocurrency forward while all I see from the Litecoin community is dismissal.

This year so far in just 7 months there has been tons of innovation and it doesn't look to be slowing down anytime soon. What is Litecoin planning on doing to stay competitive? Unless you think it's not a competition, in which case you can just sit back and let the market decide if it is or not. (which coincidentally seems to be exactly what Litecoiners are doing)

Maybe this current generation of coins aren't going to be the ones that end up carving out a bigger slice of the market for themselves. I don't know if they will or not, but so far they've been doing fairly well. But I haven't invested in any of them yet. But that's just because I'm not sure what's what yet. But I am sure that progress is being made and it's plainly obvious where progress isn't being made.

As to your question: I'm not following.