What is it with the "LTC dead" thing? There seems to be a small semi-literate group spamming the forum. Yet, if we look at the facts, we see the mining difficulty getting higher. We also see that the price against BTC is low, but we can see that this is typical, with BTC/LTC exchange rates. They vary, and over the last 12-months have been between 0.009 and 0.05. There appears to be an average of about 0.025 (a guess).
Really nothing has changed, and bringing the "innovation" card into things is absurd. For a start, BTC is useless in terms of making quick transactions, so it is hardly fit to be anything but the commodity it is. LTC is quicker, but Earthcoin is even quicker and I think VOLT faster still.
Crypto people have proved to be conservative, and until Google or Paypal market a contender, LTC is staying put as the second coin in a sea of shite.
yes ltc is the key to the rest of the alts staying afloat. ltc survived previous waves of alts which are dead or so close it isnt funny. it continued survival shows cryptos outside of btc can survive.
if it was to die (which isnt going to happen) who'd invest in any alt?
that's what the fools plugging their own shitcoin don't seem to get, they think they have to fud others to push their own crap (for which they'll dump anyways if they make enough fiat).
none of the latest flavors of the month will survive outside of this forum....ltc would
There has never been previous alts that Litecoin has faced like there are now it 2014. It's not comparable at all. Since bitcoin peaked out around $1200 the game as changed and the market is now ultra competitive with new tech and code coming out all the time. That was never the case in the last three years where Litecoin sat virtually unopposed.
competitive ?
so saturating the scene with useless garbage scam coin clones is competitive ? hmm really go figure who knew ?
You (and other Litecoiners) are misinformed if you think all the new coins are garbage scam coins. Some are truly innovative and that is why Litecoin is in the tank.
Yeah, I find the complete disrespect and lack of regard for other technologies odd.
I wonder if we ever see a time when Bitcoin itself is under threat from legitimate competition that we'll see Bitcoiners acting the same way.
What a ridiculous post, and I'm just stumped to be able to reply in terms that you would understand.
But focusing on the argument you make, I'd like to ask you a question: When did you last beat your wife?
"LTC is staying put as the second coin in a sea of shite. "
This is exactly what I'm talking about. Complete disregard. How exactly are NXT, NEM, DRK, XMR/Monero and BBL, Qora and quite a few others "a sea of shite"?
There is a whole slew of new development attempting to push the frontiers of cryptocurrency forward while all I see from the Litecoin community is dismissal.
This year so far in just 7 months there has been tons of innovation and it doesn't look to be slowing down anytime soon. What is Litecoin planning on doing to stay competitive? Unless you think it's not a competition, in which case you can just sit back and let the market decide if it is or not. (which coincidentally seems to be exactly what Litecoiners are doing)
Maybe this current generation of coins aren't going to be the ones that end up carving out a bigger slice of the market for themselves. I don't know if they will or not, but so far they've been doing fairly well. But I haven't invested in any of them yet. But that's just because I'm not sure what's what yet. But I am sure that progress is being made and it's plainly obvious where progress
isn't being made.
As to your question: I'm not following.
