I've been looking at that LTC/BTC chart for a while. I dumped my Litecoins at 0.028 having watched it for a while and noticing it's on a road to oblivion. Looks like so far I was right. I've been telling you guys Litecoin bagholders to stop losing money on that dead coin, but you'd rather listen to El Dude. Well, your choice - your money.

Not necessarily.

When LTC/BTC goes to 0.01 and lower, Bitcoin can still be $600, but Litecoin $6 and less.

Can you eli5 please? Who is an asshole exactly?

If Litecoin goes to $5, will you sell? $3? $1? You will never sell or will sell at some lower price?

Haha, I never said anything about NXT to him, you said it. I advised him to at least do his research and invest into PoW coin that can't be 51% attacked - Myriadcoin. I buy NXT at exchanges as unfortunately I wasn't even aware of Bitcoin or any other cryptos when the NXT IPO took place.

El Dude, did you dump all your Litecoins on suckers yet? Looks like Saigonsmokes and other dudes are going to be bag-holders for your Litecoins

@Saigonsmokes,

you contradict yourself. If it's about freedom, then you certainly can't rely on 1-2 large monopoly corporations mining coins and processing transactions for you.

Is there a piechart graph of pools mining Myriadcoin? Separated into 5 sections by each algo, or not, doesn't matter. You guys would be doing great right now boosting some demand with that graph

Even if that is the case, the trading opportunities still are in altcoins.

It's hard to follow developments with each coin I guess when you have more than 5 coins.

Well, alright, if you're a fan of PoW, at least go with Myriadcoin. Its marketing sucks, just like Litecoin's marketing, but at least they have the 51%-attack possibility covered.

You don't get it, do you?
Centralization goes against the idea of crypto currencies. You can have the highest hash rate in the world, but if one or two entities control the whole hash rate, the crypto is kaputt. It's same as central bank printing money. It's no longer people minting coins.

Being realistic is smart.
Besides doge, what else? Come on, I am not asking for exact numbers

Qora asset was set up on the NXT AE 2-3 days ago by Dzarmush, go look it up and you can buy it there.

Supposedly, other 'cypruses' will have a similar effect.

Simple answer.
Because it brings nothing new compared to Bitcoin. But it copys the major Bitcoin's fault - centralization of mining power due to ASICs, just lagging behind Bitcoin a year or two. Bitcoin is already failing with Ghash owning close to 50% of all hash power.

There is one Scrypt coin which brought an economic and marketing innovation - Dogecoin. Although the 51%-attack danger is still a problem, but at least Dogecoin is so cheap right now compared to Litecoin that you won't lose much if it happens and the price probably won't go any lower, because it's already at the lowest. Not Litecoin though. Litecoin still has a lot of downside. See my simple answer why.

EDIT: I just wrote this and then went to check https://blockchain.info/en/pools?timespan=24hrs   and Ghash IS at 50% RIGHT NOW! Crazy!

There is 20+ mln. litecoins to dump to suckers * $10 = that's quite a few days even with that kind of volume, can't happen overnight you know.

Ok, I've got the idea now.

Well, regardless of what the leader did or did not, I've been saying for the past 2 weeks that NEM won't fly. Not because of the leader. Not because somebody bought 10 or 100 nemstakes. But because the developers of NEM, if indeed they exist, haven't shown a single line of code in 3+ months since the IPO fund raising was over. That got to tell you something.

Since we have nothing to talk about anyway, can you give a summary in 2-3 sentences what the scandal is about?

+1440 

linkie?