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Author Topic: Litecoin is going down and down , time to sell everything and run away !!!  (Read 3823 times)
mah87 (OP)
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January 02, 2013, 09:07:36 AM
Last edit: January 02, 2013, 09:24:56 AM by mah87
 #1

We're fucked! sell all your litecoin now !! it won't worse anything soon!

Seriously !!! This is SHIT!
nethead
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January 02, 2013, 09:14:21 AM
 #2

Muahaha! Anyone who doesnt want his litecoins can throw them at me LWFNZoEaiS519a4hqnVGjSbQjDnH7anLK5
nethead
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January 02, 2013, 09:41:26 AM
 #3

hahaha!! I thought it costs 20 EUR (as it says on steam)
Nuh! Ive been scammed from frc! lol
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January 02, 2013, 09:56:48 AM
 #4

We're fucked! sell all your litecoin now !! it won't worse anything soon!

Seriously !!! This is SHIT!
If you're serious, I'll buy everything you (and anyone else) want to sell at 0.0035 BTC per LTC.
bushstar
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January 02, 2013, 10:59:22 AM
 #5

I recently got spooked by the lack of an active Litecoin developer and sold my measly 6,000LTC. I'm glad I did as the market has dropped since then.

The last code commit from Coblee was 6 months ago.

https://github.com/coblee/litecoin

Looking at Coblee's post count, it seems he lost his enthusiasm after his Pirate Pass-through.

https://bitcointalk.org/index.php?action=profile;u=20651;sa=showPosts

I want to believe in Litecoin but I find it hard when it appears that it will no longer be maintained by Coblee. I would love to hear from Coblee as to what his plans are, if you're reading this Coblee then please let us know what is going on. Perhaps others can pick the project up from where it is but the longer we wait the further Litecoin gets from the Bitcoin code base.

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January 02, 2013, 11:17:27 AM
 #6

Name:   coblee
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Date Registered:   June 09, 2011, 09:18:41 AM
Last Active:   January 01, 2013, 11:50:26 PM

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the hacks, the hacks, secure your bits!
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January 02, 2013, 11:19:56 AM
 #7

I recently got spooked by the lack of an active Litecoin developer and sold my measly 6,000LTC. I'm glad I did as the market has dropped since then.

The last code commit from Coblee was 6 months ago.

https://github.com/coblee/litecoin

Looking at Coblee's post count, it seems he lost his enthusiasm after his Pirate Pass-through.

https://bitcointalk.org/index.php?action=profile;u=20651;sa=showPosts

I want to believe in Litecoin but I find it hard when it appears that it will no longer be maintained by Coblee. I would love to hear from Coblee as to what his plans are, if you're reading this Coblee then please let us know what is going on. Perhaps others can pick the project up from where it is but the longer we wait the further Litecoin gets from the Bitcoin code base.

Perhaps you missed this on the old git you linked:



Official Litecoin repository has moved to: — Read more

https://github.com/litecoin-project/litecoin

Last update: 16 days ago

bushstar
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January 02, 2013, 11:28:06 AM
 #8

I recently got spooked by the lack of an active Litecoin developer and sold my measly 6,000LTC. I'm glad I did as the market has dropped since then.

The last code commit from Coblee was 6 months ago.

https://github.com/coblee/litecoin

Looking at Coblee's post count, it seems he lost his enthusiasm after his Pirate Pass-through.

https://bitcointalk.org/index.php?action=profile;u=20651;sa=showPosts

I want to believe in Litecoin but I find it hard when it appears that it will no longer be maintained by Coblee. I would love to hear from Coblee as to what his plans are, if you're reading this Coblee then please let us know what is going on. Perhaps others can pick the project up from where it is but the longer we wait the further Litecoin gets from the Bitcoin code base.

Perhaps you missed this on the old git you linked:

Official Litecoin repository has moved to: — Read more

https://github.com/litecoin-project/litecoin

Last update: 16 days ago

Thanks for that Dreamwatcher. It looks like Greedi has taken over coding which is good to know. I kept looking at the old repository and got worried.

DryPowder
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January 02, 2013, 12:53:01 PM
 #9

We're fucked! sell all your litecoin now !! it won't worse anything soon!

Seriously !!! This is SHIT!

Yep, LTC is a Pump and Dump for BitCoin miners, Pumping LTC to dumping for BTC … To much for the “Silver” coin;    Embarrassed

Keep Your Powder Dry
psybits
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January 02, 2013, 12:59:05 PM
 #10

You can swap some Litecoin with m
We're fucked! sell all your litecoin now !! it won't worse anything soon!

Seriously !!! This is SHIT!

Yep, LTC is a Pump and Dump for BitCoin miners, Pumping LTC to dumping for BTC … To much for the “Silver” coin;    Embarrassed

Ha ha ha you can swap some with me for some web design / online marketing work  Grin
Bowjob
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January 02, 2013, 01:09:29 PM
 #11

As much as I like to pwn these trolls.. LTC is indeed dropping. Sad

It seemed like a good idea at the time.
psybits
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January 02, 2013, 01:11:51 PM
 #12

As much as I like to pwn these trolls.. LTC is indeed dropping. Sad

Someone's probably just offloading a very large amount. It'll most likely come back up  Wink

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January 02, 2013, 08:28:49 PM
 #13

As much as I like to pwn these trolls.. LTC was indeed dropping. Sad
FTFY.
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January 02, 2013, 08:30:42 PM
 #14

LTC can bounce like a super ball when buyers take over. Run counter to the herd or get whipsawed.

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January 02, 2013, 09:37:40 PM
 #15

it's simple:

BTC block reward halved, LTC mining became 2 times more profitable than BTC.
 that caused a real rollercoaster od LTC hashpower, and a lot of BTC-only miners ended with a lot LTC on their balance, so they dumped it all.
http://www.litecoinpool.org/charts
check second chart

Now its stabilized at almost 1:1 profitability, btc-only miners returned to btc, and LTC miners that left, are those who believe in ltc and hoard some, not selling everything.  now LTC will return to "natural" cryptocurency behavior which should be [don't have to] slow steady rise side by side with BTC.

also, I'm not the only one knowing this, some smart speculants knew it from the begining, and helped to drop by speculative sell - they talk about it open text in BTC-E chat and this forum. welcome to capitalism.

fuck deeponion, fuck bitcoincash, all glory to one BITCOIN
creativex
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January 02, 2013, 09:41:28 PM
 #16

Normal alt crypto behavior is pump and dump. LTC has not followed this behavior.

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January 02, 2013, 09:47:12 PM
 #17

Until ASICs actually hit, there's no real reason for LTC mining to be more profitable then BTC mining.  Hence the price correction.

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xorxor
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January 02, 2013, 09:57:16 PM
 #18

Normal alt crypto behavior is pump and dump. LTC has not followed this behavior.

well , most "alts" are not cryptocurrencies, but cryptoscams. i believe LTC is not.

fuck deeponion, fuck bitcoincash, all glory to one BITCOIN
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January 02, 2013, 10:13:03 PM
 #19

Normal alt crypto behavior is pump and dump. LTC has not followed this behavior.

well , most "alts" are not cryptocurrencies, but cryptoscams. i believe LTC is not.

litecoin not different than other crypto currency


Each crytocurrency is different.

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January 02, 2013, 10:26:40 PM
 #20

Normal alt crypto behavior is pump and dump. LTC has not followed this behavior.

well , most "alts" are not cryptocurrencies, but cryptoscams. i believe LTC is not.

I normally do not comment on accusatory posts, but the trend of new, low post count posters is driving me crazy.
 
Can you explain why:

PPC is a "Scam"?

Terracoin is a "Scam"?

Freicoin is too new and still being debated. As such I find it impossible for anybody who is honestly interested in a true evaluation of the coin to have come to a INFORMED decision  yet.

Or are you just making baseless accusations, with little to NO knowledge of cryptocoin economies?

This is not aimed at posters who have experience in crypto currencies who publish opinions based on reason with evidence to back them up. I respect all views and in fact welcome them when they are thought out.

But when one simply states,  "well , most "alts" are not cryptocurrencies, but cryptoscams."    I have to wonder what the hell was the point of even posting.
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