El Dude,

people raise valid concerns, and you are not helping newbies convincing them to invest into a depreciating coin.

If you don't see use cases of innovations, that's your short-sightedness, not a coin's fault.
Bitcoin has money store and transfer function covered pretty good making all other coins obsolete in that aspect.
They have to innovate to compete or die out. If they add enough useful functions, some (more and more) people will change the habit of storing money in Bitcoin and switch to that other coin which has other useful functions that they can use without exchanging from Bitcoins first.

Fantomcoin is better to invest in, it's the same algo + it can be merge-mined with any other Cryptonote coin, which means it has the highest survival potential of all and a more diversified mining network. Besides, it only takes 5 bitcoins to buy up all the daily production of Fantomcoin at current prices, whereas Monero's higher inflation rate and higher price requires much more funding to keep it at the price it is at. No Cryptonote currency has a first-mover advantage, they all started a little over one month ago, except for Bytecoin, which I don't review for obvious reasons. No first-mover advantage means the network effect is minimal in any of them right now and Monero's code can be copied by other Cryptonote coins very easily within a few days as Monero developers make more commits.

Saigonsmokes obviously likes posting pictures and graphs without further thinking of their meaning.

Yes, volume is good. But all it means is that miners are dumping continuously to recoup their expenses, the same thing is happening to Doge by the way, except Doge will reach a smaller inflation rate by the end of the year than Litecoin, its inflation rate goes down with each halving and it's already hit rock bottom price, and from here it is starting its ascent to meet Litecoin market cap.

On the difference between PoW and PoS currencies.

PoW miners have to dump constantly to regain their electricity expenditures and recoup their hardware investment. That's where you see the volume, miners are selling all the time.

In PoS there are no electricity expenditures, the initial invesments made by IPO stakeholders have been recouped, so they only sell when they need some cash for life.

In PoW miners need both to recoup their hardware/electricity expenses + cash for life. So in PoW currencies the volume is larger, naturally, apart from the fact that PoW is more known and recognized and investors prefer to buy something that has been around for years. But that's temporary too, when PoS will have stayed around for years, they will switch en mass, because they don't care if it's PoW or PoS as long as the price goes up.

That's in short why high volume in LTC doesn't make it less dying than it is. Miners mine for profit and dump on suckers, who hope that a coin without active devs will take off. The proof is simple: price trend is down on very good volume, not up.

And some bitcoin<->litecoin coin shuffling is going on, it seems, which adds to the volume.

1.1.4 is ok to use, 1.1.5 is not a mandatory upgrade.
Never miss mandatory upgrades though to be on the same chain as everyone.

Another voice from under the rock, you guys really should learn new things from time to time not to make such stupid statements.

Finally, someone gets it! Unlike these LTC fanboys.

Miners, what's your take on this? Profitable?

Quoting:

"Hashrate paid out the equiv. of 0.00366 BTC/day last shift for every 500 MH of Keccak (that's the equivilent to about 0.00366/1 MH/day of Scrypt mining).
If any of you are mining anywhere else, I think this is just about as profitable as it gets.  You can check the algo profitability graphs now on the main page of the pool to see the performance of each algo over the last shifts.


The miner software is available http://hashrate.org/software (use the link near the very bottom,  it's the SGminer that supports multiple algos)
and the keccak stratum is stratum+tcp://stratum.us.hashrate.org:6666

Let anyone you know who mines know! "

https://nxtforum.org/general-discussion/calling-all-miners/

What would you change in the infrastructure that NXT builds upon to make it solid?

Explain?

Alts with no ongoing innovation will continue their slide downwards, as there is simply not enough capital to 'float all boats', especially 'old boats' that just copycat Bitcoin. New capital will not pour into this market until more Cyprus events take place, only a trickle of new money is coming to this market now, hence competition will get even more fierce for these crumbs, and innovation in one or two alts will truely make them shine by the end of 2014. Many will see that happen in a few months and the deck of winners will be reshuffled. Bitcoin will not go above $1000 in 2014. In 2015 bail-ins should start to occur on a noticeable scale and new capital will be rushing into cryptos, hard to predict what happens then.

NXT made Peercoin irrelevant.

such butthurt, much anger

It's not a scam coin, but someone sure lost patience. Looks like the price could really be going to the average buy orders price I posted over the past few days, if there are more impatient Qora holders.

You buy when it's going down if fundamentals haven't changed for the worse. Have they? No. The only barrier is your emotions, nothing else.

Why are you even replying to Spoetnik? He's full of sh*t. I mean it, it's not like a lit bit like every one of us, it's a huge pile of sh*t Just put him on ignore and don't quote.

Not a good idea = impossible in practical terms. Until SHTF aka something breaks on a major scale, nothing will be changed.

1.1.x branch is not getting any new features, only bug fixes, as many as necessary, until the next, 1.2.0 branch, becomes stable enough to be released into the main net, hopefully in July.

The next, 1.2.0 branch will introduce three major new features: Digital Goods Store, alias trading and support for encrypted messages.

1.1.5 is a bug-fixing release.

Alias trading will be in 1.2.0.