RIP Litecoin

[Dinki]

Litecoin will be below $2.85 before June 2016

Then I will wait till June 2016 before thinking of buying. Litecoin is coming back in full force... Do you know that the population of China is more than a billion? That is more than the whole of Australasia and Antartica combined.

I am sticking to my coins... thank you.

[bitcoinlitcoinbtcltc]

Litecoin will be below $2.85 before June 2016

Then I will wait till June 2016 before thinking of buying. Litecoin is coming back in full force... Do you know that the population of China is more than a billion? That is more than the whole of Australasia and Antartica combined.

I am sticking to my coins... thank you.

lol delusions
ltc is dying

[alyssa85]

Litecoin will be below $2.85 before June 2016

Then I will wait till June 2016 before thinking of buying. Litecoin is coming back in full force... Do you know that the population of China is more than a billion? That is more than the whole of Australasia and Antartica combined.

I am sticking to my coins... thank you.

China has a large population, but they also have an authoritarian govt that is trying to crack down on capital flight. They haven't bothered with cryptocurrencies as yet because they are cracking down on more obvious ways of getting money out - but it is only a matter of time.

[Searing]

https://twitter.com/cryptodemedici/status/723274322324893696

totally dead. yeah. just look at that pathetic volume.

well perhaps we should change the argument....if LTC has this NICHE with BTC to LTC ratio and its use as such and hell it is kinda sorta working say and stable....

Is this enough to survive long term? What could be added/done to improve LTC while keeping this connection with btc and ltc volume intact and stability?


anyway again clueless ...so not a slam...just asking

[BITHQ]

Litecoin dead? Hell no...still 3 - 3.5 USD a coin...stable price

[shyliar]

Todays volume is approaching Bitcoins in value:

http://cryptocoincharts.info/coins/graphicalComparison

[alyssa85]

Todays volume is approaching Bitcoins in value:

http://cryptocoincharts.info/coins/graphicalComparison

Trading volume is separate from transaction volume. On the fee-free exchanges you can simply trade back and forth to give illusion of activity - at one point last year the supposed trading volume was more than the entire value of LTC in existence. Meanwhile the number of transactions rarely breaks more than 5,000 in a 24 hour period...

[shyliar]

Todays volume is approaching Bitcoins in value:

http://cryptocoincharts.info/coins/graphicalComparison

Trading volume is separate from transaction volume. On the fee-free exchanges you can simply trade back and forth to give illusion of activity - at one point last year the supposed trading volume was more than the entire value of LTC in existence. Meanwhile the number of transactions rarely breaks more than 5,000 in a 24 hour period...

That's true about any coin. Thousands of dust transactions give the illusion of activity for many coins. As can be seen in the attached chart (at current moment in time) those transactions actually represent the transfer of value.

https://bitinfocharts.com/

For example:

LTC transactions of 4136 in the past 24 hours represented $12,891,552 US in value.
ETH transactions of 35750 in the past 24 hours represented $4,934,069 US in value.

Feel free to examine the chart for other examples. Litecoin is being used to move large sums of money around relative to other coins (obvious exception is Bitcoin). Looking at the total picture indicates the strength of LTC.

[alyssa85]

Todays volume is approaching Bitcoins in value:

http://cryptocoincharts.info/coins/graphicalComparison

Trading volume is separate from transaction volume. On the fee-free exchanges you can simply trade back and forth to give illusion of activity - at one point last year the supposed trading volume was more than the entire value of LTC in existence. Meanwhile the number of transactions rarely breaks more than 5,000 in a 24 hour period...

That's true about any coin. Thousands of dust transactions give the illusion of activity for many coins. As can be seen in the attached chart (at current moment in time) those transactions actually represent the transfer of value.

https://bitinfocharts.com/

For example:

LTC transactions of 4136 in the past 24 hours represented $12,891,552 US in value.
ETH transactions of 35750 in the past 24 hours represented $4,934,069 US in value.

Feel free to examine the chart for other examples. Litecoin is being used to move large sums of money around relative to other coins (obvious exception is Bitcoin). Looking at the total picture indicates the strength of LTC.

The average transaction value for LTC is $3044 USD and the average transaction value for ETH is $138.78.

Ether's transactions look more normal. How many people spend an average of $3044 on every financial transaction they make? LTC's transactions look like speculators or exchanges moving money.

And you are seriously calling an average transaction value of $138 "dust"? Are you claiming that you always spend more than that in your daily life and any human who spends less is spending dust? This is why LTC will never get adopted by anyone. 99% of humans spend less than $138 on their everyday transactions!!!

[bitcoinlitcoinbtcltc]

Dont buy it people they look for you to buy their ltc shitcoin for expensive
remember las tyear it was like $1.10 . no reason for it being more than $0.50 bth

dump your litecoins before it is too late dont be bagholder lol

[dream7000]

Todays volume is approaching Bitcoins in value:

http://cryptocoincharts.info/coins/graphicalComparison

Trading volume is separate from transaction volume. On the fee-free exchanges you can simply trade back and forth to give illusion of activity - at one point last year the supposed trading volume was more than the entire value of LTC in existence. Meanwhile the number of transactions rarely breaks more than 5,000 in a 24 hour period...

That's true about any coin. Thousands of dust transactions give the illusion of activity for many coins. As can be seen in the attached chart (at current moment in time) those transactions actually represent the transfer of value.

https://bitinfocharts.com/

For example:

LTC transactions of 4136 in the past 24 hours represented $12,891,552 US in value.
ETH transactions of 35750 in the past 24 hours represented $4,934,069 US in value.

Feel free to examine the chart for other examples. Litecoin is being used to move large sums of money around relative to other coins (obvious exception is Bitcoin). Looking at the total picture indicates the strength of LTC.

The average transaction value for LTC is $3044 USD and the average transaction value for ETH is $138.78.

Ether's transactions look more normal. How many people spend an average of $3044 on every financial transaction they make? LTC's transactions look like speculators or exchanges moving money.

And you are seriously calling an average transaction value of $138 "dust"? Are you claiming that you always spend more than that in your daily life and any human who spends less is spending dust? This is why LTC will never get adopted by anyone. 99% of humans spend less than $138 on their everyday transactions!!!

Ha ha ha! What demagoguery.
ETH is the biggest scam in the crypto world. Time will show ...
https://www.reddit.com/r/ethtrader/comments/4fql5n/we_need_to_think_of_ways_to_increase_eth_adoption/d2bh4xz

[shyliar]

Todays volume is approaching Bitcoins in value:

http://cryptocoincharts.info/coins/graphicalComparison

Trading volume is separate from transaction volume. On the fee-free exchanges you can simply trade back and forth to give illusion of activity - at one point last year the supposed trading volume was more than the entire value of LTC in existence. Meanwhile the number of transactions rarely breaks more than 5,000 in a 24 hour period...

That's true about any coin. Thousands of dust transactions give the illusion of activity for many coins. As can be seen in the attached chart (at current moment in time) those transactions actually represent the transfer of value.

https://bitinfocharts.com/

For example:

LTC transactions of 4136 in the past 24 hours represented $12,891,552 US in value.
ETH transactions of 35750 in the past 24 hours represented $4,934,069 US in value.

Feel free to examine the chart for other examples. Litecoin is being used to move large sums of money around relative to other coins (obvious exception is Bitcoin). Looking at the total picture indicates the strength of LTC.

The average transaction value for LTC is $3044 USD and the average transaction value for ETH is $138.78.

Ether's transactions look more normal. How many people spend an average of $3044 on every financial transaction they make? LTC's transactions look like speculators or exchanges moving money.

And you are seriously calling an average transaction value of $138 "dust"? Are you claiming that you always spend more than that in your daily life and any human who spends less is spending dust? This is why LTC will never get adopted by anyone. 99% of humans spend less than $138 on their everyday transactions!!!

Frankly I don't think the transactions of either coin represent everyday transaction of your average human being. That would be a bit of a stretch and possibly will never happen with any cryptocurrency. I would be surprised if even one percent of the transactions were normal everyday activities.

I am suggesting picking one number out like number of transactions with out looking at the value of those transactions is a meaningless exercise. If an individual wants to transfer value from one location to another safely and without the market crashing during the time it takes currently Bitcoin and Litecoin are the best choices. The numbers indicate Litecoin is being used, is strong and still counts.

[alyssa85]

Todays volume is approaching Bitcoins in value:

http://cryptocoincharts.info/coins/graphicalComparison

Trading volume is separate from transaction volume. On the fee-free exchanges you can simply trade back and forth to give illusion of activity - at one point last year the supposed trading volume was more than the entire value of LTC in existence. Meanwhile the number of transactions rarely breaks more than 5,000 in a 24 hour period...

That's true about any coin. Thousands of dust transactions give the illusion of activity for many coins. As can be seen in the attached chart (at current moment in time) those transactions actually represent the transfer of value.

https://bitinfocharts.com/

For example:

LTC transactions of 4136 in the past 24 hours represented $12,891,552 US in value.
ETH transactions of 35750 in the past 24 hours represented $4,934,069 US in value.

Feel free to examine the chart for other examples. Litecoin is being used to move large sums of money around relative to other coins (obvious exception is Bitcoin). Looking at the total picture indicates the strength of LTC.

The average transaction value for LTC is $3044 USD and the average transaction value for ETH is $138.78.

Ether's transactions look more normal. How many people spend an average of $3044 on every financial transaction they make? LTC's transactions look like speculators or exchanges moving money.

And you are seriously calling an average transaction value of $138 "dust"? Are you claiming that you always spend more than that in your daily life and any human who spends less is spending dust? This is why LTC will never get adopted by anyone. 99% of humans spend less than $138 on their everyday transactions!!!

Ha ha ha! What demagoguery.
ETH is the biggest scam in the crypto world. Time will show ...

I wasn't the one who picked ETH for an example. If LTC is showing worse metric than Eth, which you label a "scam", what does that make LTC?

[evergrow]

I still agree with the topic's suggestion that Litecoin is resting in peace

[x13]

I do not get the point  why everyone is talking bad about Litecoin. Sure, the coin is not producing much headlines and news but the price stays very stable and it is a great coin to invest in. Look at coins like Etherum for instance which are hyped but lost almost one half of its value of the last weeks.

[emberbekas]

The price now at 740k satoshi for each litecoin and those price is almost the same price when I was trading it a year ago. For me, Litecoin is still better altcoin to hold nowadays. It looks very stable for me. Idk with others perpective but saying RIP to litecoin is very unreasonable for me.

[NewInCryptoCurrency]

The price now at 740k satoshi for each litecoin and those price is almost the same price when I was trading it a year ago. For me, Litecoin is still better altcoin to hold nowadays. It looks very stable for me. Idk with others perpective but saying RIP to litecoin is very unreasonable for me.

Litecoin was dead a yaer ago. No innovation, no nothing. At best it will become a top 100 altcoin. I don't see anything better happen for litecoin.
Bye bye litecoin.

[bitcoinlitcoinbtcltc]

i hope youve all sold your litecoins last chance to sell above $3

[Snail2]

Is it dead again? That's getting boring. Did the Chinese also heard these news ?

[iv4n]

Is it dead again? That's getting boring. Did the Chinese also heard these news ?

They already get use to it. To hear news that ltc is dead, btc is dead... how many times this coins can die and resurrect?
Litecoin will live probably, maybe there isn't nothing new with them but they are still alive, nice price for 1 ltc.. so that means something I believe.
I see a lot of people don't like when price of some coin is stabile. Its boring for them, not interesting if they cant trade and earn in one day.