So much LTC hate around. I think it is hilarious. Entertaining for me!!!
It is not hate. Just that some of us miners (GPU and ASIC) get burned so badly that we decided to liquidate all assets related to LTC (and scrypt) and leave the pain behind.
Wish things could have been different. No pain no gain.
Litecoin is not Scrypt..
Scrypt is Scypt !
Just because you got burned on shit coin clones using the Scrypt Algo system most likely taken from Litecoin does not mean anything about Litecoin.
You guys were all warned long agoWhen Scrypt Asics were showing up on day one i ran around telling everyone that it would slaughter the shit out of scrypt clones
and that is precisely what happened.
and guess what ?
I was GPU mining some scypt and had to take a loss on some of my coins before i got raped..
Such as dumping my Franko, DGC and many other coins (that use Scrypt)
That had nothing to do with Litecoin and had i held litecoin back then i would have kept them because i had no worries about their long term potential
Litecoin is not the same as it's shit clones like Feathercoin LOL
I screamed loud and clear that aside from the top 3 or something all scrypt clones were going to get fucking raped hard as hell.
and what did i hear unanimously from the altcoin scene idiots ?
Rampant belligerent idiotic excuses how Scrypt asics were going to make all scrypt coins magically super valuable.. MORONS ! LOL
i kept explaining in basic terms
how is market saturation going to make something more valuable ?And i got the same retard response across the board from all sources..
ALL of those dipshits are long gone and quiet now.
I was 1,000% correct !It's called common fucking god damn sense LOL
How the fuck do you open up the printing presses from say printing 1,000 $100 bills a day to 1 million $100 a day
and then NOT have the currency collapse.. how fucking stupid is all of crypto ?
@arbitrage001You learned the hard way and don't tell me no one told you ahead of time
Oh and by the way wanna blame someone ? Blame
Tenebrix