but we won't necessarily need silkroad. (btw I think there is a good chance the original one to use it in time).
It needs to gain mass appeal. Bitcoin wouldn't be where it is at if it didn't have sr. I would also say the bitcoin economy would come to a screeching halt should sr be taken down by the feds. Two million dollars a month in BTC is pumped through sr, that's what makes an economy. Should that stop, BTC will nose dive.
Litecoin is trading at roughly the same prices as bitcoin did before it went big, only with 4x as many coins.
Yes, and this is just speculation. Nothing more to it than that. I honestly see it dropping back down to .01 or under if there aren't any major developments in the next few months. 1 million LTC is sitting at btc-e with no one buying. Period. Seems everyone is just sitting and hoping.
And yes, people have looked into litecoin these last few months the stats prove that. But what do the stats also prove? The interest is waning.
http://www.google.com/insights/search/#q=litecoin&date=today%2012-m&cmpt=qhttp://www.google.com/trends/?q=litecoin&ctab=0&geo=all&date=ytd&sort=0You want to know what I see when I look at those two charts? A bubble that is about to burst. There needs to be a major development or you can consider LTC DOA.
Disclaimer: I'm saying this and am holding 30k LTC. I do trade for silver or other goods when there is an offer. I do my part to help. The LTC economy just isn't moving. I hope it gets moving. But I'm not about to pretend that I believe it's just going to "work itself out" like so many here seem to think.
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