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Ah, I'm so tired reading about Litecoin on Twitter. Don't you people realize that there are other coins as well? How about Peercoin, Namecoin, Novacoin and Primecoin? Look at their volume. There was obvious pump on all of them (including Litecoin of course), but personally I don't care, because the current price of Litecoin suits me well. I expected $5 levels around block reward halving, but it happened earlier.
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Imho things are now way too different and trust in new coins will drop significantly. I also think that alts are back (and I was expecting it since months), but we are talking about the old ones. Nowadays it will be extremely difficult to impose new coins.
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Dear FAILers,
Good news! pnoch is back and we are discussing the new wallet as we speak!
Stay FAILed!
Spartak
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Should I say: "I told you!", despite the fact that I am losing money too? You can continue with big expectations and cheering.
Well where are your coins mate? You claimed to have 3.3k but that dump didn't even come close to 3.3k worth of M1? So are you still holding cause I don't even think since you first posted about having that amount of coins that 3.3k worth of M1 has been sold...... So my question is do you still have those 3.3k coins? And if you do when are you planning on getting rid of them since you are "losing money too?" I wouldn't want you to lose everything on this coin so I would be willing to take a good chunk of them off your hands mate  Cheers  You can't ever talk to me like that my friend, because I claim to be one of the most honest people in cryptoworld. I have just little over 16K LTC and you can calculate my personal profit in the past few weeks. Not to mention when FAIL will arise. |
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Should I say: "I told you!", despite the fact that I am losing money too? You can continue with big expectations and cheering.
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hello fellow FAILERS..How are things going? I have been busy with my family but am back to help out failing more hehe.. I will do some nice tweets after the weekend, just waiting for the Greek referendum to finish so I can relax ..  Hey, Ellie, We had some delays, but pnoch is already in Thailand and he asked for couple of days to sort his things out. We are still here. Cheers, Spartak |
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Occasional updates, to fix minor problems or to add a few whistles, is virtually no development in the tech industry. Even here in crypto - just compare Litecoin with Bitshares, Litecoin has barely changed from years ago since Charlie Lee left it to pursue better gigs.
satoshi also left Bitcoin. Charlie Lee only said that LTC does not need gimmicks to succeed and he is right. |
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Hello,
Those 68k coins, which I promised to bittick were sent (he just wrote me PM). This is our last gesture to old FAIL holders.
Cheers,
Spartak
And it is MUCH appreciated! Thank you for the understanding and support! No worries. P.S. pnoch should be back in Thailand tomorrow. I will try to reach him and will update you with the status of our new wallet in probably 1-2 days (if everything is fine). Stay FAILed! Stay strong! Spartak |
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P.S. Imho latest LTC spikes are not that affected from Bitcoin.
you think, that litecoin pumps are not caused by rising bitcoin? so even if bitcoin remains stable, litecoin may rise? I really don't think so.. I think there are 2 main reasons for LTC to spike that high: 1. Halving is soon. 2. It's cheaper than Bitcoin. Hah! That was a good point. Right the Litecoiners on this section were surprisingly absent and quiet until the $55 raise we saw during the past weeks. Before that, when BTC was clearly stagnant at $200, Litecoin didn't look so rosy.
I am not a "litecoiner". I am just a guy who accumulate it since the beginning of 2014 and I didn't sold a single coin for fiat. Nothing wrong to feel happy about recent prices of LTC.... |
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I told you guys! Many people are claiming that Litecoin is a shitcoin, but there you go. I was expecting about $5 price before the reward halves, but this is by far exceeding my expectations.
Most in this altcoin section have been manipulated into hating litecoin, they won't be buyers unless litecoin breaks $50. Manipulated by whom? I don't think there are any omnipotent spirits corrupting people here. Delicately put - LTC is something where its' development is semi-abandoned (esp by Lee), it has virtually no community, it has no advantages over Bitcoin and yet it is number 2 because of timing and nothing else. You may read these words with hostility but it's nothing personal, pretend I am saying this outloud like Spock or an emotionless cyborg. I find it difficult to explain it on here and yet this is Cryptocurrency City with a lot of self-professed experts. How do you explain Litecoin (and alternates) to someone on the street without making cryptocurrency look like one big joke? "Oh right this number 2 coin... uhh it's just a straight up clone of Bitcoin, with virtually no changes, and it's number 2 ' just cuz' and oh it's the 'silver of bitcoin brah' " ) Doge also probably caused irreparable damage on the legitimacy of alternates, with its' big fat yellow dog, but that's another subject. The solution to fix alternates is for either Bitshares, NEM or NXT to release a product that is actually needed and wanted by more than Bitcoin's 100,000 users. The only thing I can agree is DOGE. I will always think that it is a joke. You can't just underestimate other coins/assets just because you think your favorites has better ideas. I can give you an example with my beloved FAIL. Our next goal is to reach to more than 40 million YouTube subscribers and work with both Like and Unlike buttons, but those are currently just plans and ideas. Until then there are Bitcoin and Litecoin. |
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In really dunno why, but litcoin is imho faceless, without community semi-dead project, which is just pumped when bitcoin is pumped. without any practical usage, major players or cool projects around..
How many advertises have you seen on USD, Euro or Gold? They just exist and people know what they worth. Same thing is with Litecoin, which many claims to be the Bitcoin's silver. Gimmicks in new coins/assets will not change that.. at least in near (crypto) future. P.S. Imho latest LTC spikes are not that affected from Bitcoin. |
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I told you guys! Many people are claiming that Litecoin is a shitcoin, but there you go. I was expecting about $5 price before the reward halves, but this is by far exceeding my expectations.
Yup. That you did. Is this the start of "The Rise and Rise of LTC"? If it settle @ ~$4 before the halving personally I will be happy enough. Everything above that price is suprise (there is even rhyme  ). |
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Let them guys talk whatever they want. All I know is that I own thousands of LTC and I'm way more happier than yesterday. Ah, and yeah... my miners are now earning x3 comparing to a week ago... |
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...
No, this thread is not about my expectations and I'm not arguing with you whether Litecoin is a shitcoin or not, because the figures speak for themselves. P.S. $700B cap? Yeah..... |
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Coinmarketcap dot com claims it is at $3.99, what is this over-five you seem to be referring to?
-MarkM-
It means that LTC will halve in about ~60 days and current price is over my expectations. I was expecting higher prices probably by the end of July, but this came as surprise... a good one though. |
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I told you guys! Many people are claiming that Litecoin is a shitcoin, but there you go. I was expecting about $5 price before the reward halves, but this is by far exceeding my expectations.
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Hello,
Those 68k coins, which I promised to bittick were sent (he just wrote me PM). This is our last gesture to old FAIL holders.
Cheers,
Spartak
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How about this: We are currently implementing ShockTrader into the wallet, once that is complete we need to check, check & recheck all of our implementations & functionalities of ShockTrader.
Our goal is to have the smoothest beta release possible & to do so we are working diligently to meet our goal.
We appreciate your patience & understanding during this exciting time.
Another in-process sneak peak will be available today, please stay tuned for further updates!
That was 3 days ago and it is some red flag imho. All I see is 3-4 people who thinks that this coin has bright future. Why? I moved my 3.3k coins about 4-5 days ago and I "earned" (quotation marks, because I didn't sold) like 0.12 BTC (if we assume that the price is 100k satoshi) just for keeping them in the wallet. About 25% of the coin is in 3 wallets on Bittrex and they are not moving. Why? There is also almost no buy support. Patience is a virtue, but don't be stupid. This one is not looking good at the moment. EDIT: I just hope for your sake that this is not another scam. Will see if the dev deliver. |
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Dear FAILers,
I have an update from our main dev pnoch. He will be back in Thailand on 1st, which means that we are going to have a bit more delay before the release of our new wallet.
Stay FAILed!
Spartak
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