Is Litecoin really really cheap right now? Or is it dying?

[Zomdifros]

Oh right, because Bitcoin is open source for no reason because it's perfect the way it. Open your eyes, dumbass. It's open source so someone can build off it. There's nothing wrong with trying to recreate Bitchcoin's success with another coin. You guys scared? If it's useless, then don't bother other people about. You guys stingy that only Bitcoin can be successful and should be the only cryptocoin that should exist?

No I'm not scared that Litecoin will become a success at the expense of Bitcoin, it's just that I doubt that Litecoin will survive due to network effects. For me it's like VHS and Betamax, it doesn't matter which is best, but there can only be one winner. Two almost identical yet incompatible blockchain's happily coexisting just doesn't make sense.

What would be likely however, is that complementary systems are build on top of Bitcoin, such as mixers, services for fully anonymous and instant money transfers and the like. These services would be designed for these specific purposes and would use BTC as their underlying currency.

[smoothie]

It's funny when Bit coin users expect LTC to be just as valuable and popular as BTC. Please fucktards, open your mind

Nobody expects Litecoin to be as valuable and popular as Bitcoin, that doesn't even make sense. The point is, that many altcoins are only created to benefit their creators and have no long term future. And I can think of a few scenario's in which Litecoin can be somewhat useful for a specific purpose, but not so much that it's a good idea to pour any money in it.

Oh really? So, how did coblee benefit from the creation of Litecoin? LTC donations?

Mining early on and waiting for suckers who buy in hoping to find the next Bitcoin?

Do the math. There really isn't much advantage Coblee had in terms of mining.

LTC back then was $0.005 so he might have made $200 or so...who knows. There were many people mining LTC when it launched.

Obviously you weren't there when the accouncement of the launch (in advance) was administered.

No premine. No shady release and bribing of exchanges.

[smoothie]

Let us know when that jalapeno comes in

I am a retarded bitcoin user that invested in a scam company called BFL. They make good vaporware for me to mine vaporBitcoins.

I am butthurt because I am frustrated that Big Fucking Liars are still stringing me along like an idiot with stockholm syndrome.

This is what I see....^^ 

[nameface]

Let us know when that jalapeno comes in

I am a retarded bitcoin user that invested in a scam company called BFL. They make good vaporware for me to mine vaporBitcoins.

I am butthurt because I am frustrated that Big Fucking Liars are still stringing me along like an idiot with stockholm syndrome.

This is what I see....^^ 

BARHARHAR!
But it's not like he bet the ranch of BFL... All he bought was 1 Jalepeno.

[smoothie]

Let us know when that jalapeno comes in

I am a retarded bitcoin user that invested in a scam company called BFL. They make good vaporware for me to mine vaporBitcoins.

I am butthurt because I am frustrated that Big Fucking Liars are still stringing me along like an idiot with stockholm syndrome.

This is what I see....^^ 

BARHARHAR!
But it's not like he bet the ranch of BFL... All he bought was 1 Jalepeno.

Point: Would I rather have vaporware or litecoins....hmmm?

I choose litecoins lol.

[Otoh]

OK I'm kinda out there/tripping tonight but here's my musings for what they may be worth.

Everything in (physical) existence is a duality (this includes virtual stuff), best known are things like like day/night, energy/matter, male/female, yang/yin, hot/cold, Coke/Pepsi, PC/mac, Etc/Etc - a piece of paper has to have two sides & anything that comes in to existence brings it's other side in to existence also, they can compete/cooperate & everything in between but there will always be an Alt, whether it is Litecoin or another alt to Bitcoin I couldn't be sure but atm it is by far the most likely candidate imo & so therefor well worth keeping an eye upon at the very least, there are niche markets where it may prove very successful & dedicated talented people working on applications for it  - I am actively building a stake in it atm - which you can find it somewhere on http://forum.litecoin.net/index.php/topic,608.0.html hopefully, if you like.

[disclaimer201]

As someone who accepts zero confirmation transactions, I'm not really sold on the faster block rate being the killer app. For a similar level of security, you still need to wait for confirmations and with them coming so fast, you need to wait for more of them. I'm not exactly sure of the math but I think security is proporional to total hashes burying a block. A finney attack on LTC is still way cheaper than on BTC so maybe I'd trust $5 worth to a zero confirmation, $20 to 1 confirmatino. For Bitcoin I'd go $50-100 for zero confirmation and double that for 1 confirmation.

6 confirmations are 6 confirmations. Where did you get the idea you need twice as many or something to be on the safe side? Not true. Please read some more before stating such nonsense.

[misterbigg]

Most who know about litecoin aren't searching for it. LOL

hardly a good argument:

I agree! Good call.

[misterbigg]

it's not like he bet the ranch of BFL... All he bought was 1 Jalepeno.

Yeah, I purchased it with the understanding that I could accept a total loss.

[Simran]

Most who know about litecoin aren't searching for it. LOL

hardly a good argument:

I agree! Good call.

I agree? Good call? You're the dumbass that doesn't even like Litecoin.

[misterbigg]

I agree? Good call?

Yes, he's right that search volume for Bitcoin versus Litecoin likely suffers from selection bias.

Litecoin is still crap.

[Simran]

I agree? Good call?

Yes, he's right that search volume for Bitcoin versus Litecoin likely suffers from selection bias.

Litecoin is still crap.

Your face is crap, nigga pls. That's all you can say because you're just jealous that you didn't catch the LTC train :trlf:

[ElectricMucus]

I agree? Good call?

Yes, he's right that search volume for Bitcoin versus Litecoin likely suffers from selection bias.

Litecoin is still crap.

Seriously why spend so much time hating on LTC?

[disclaimer201]

People who repeat that something is "crap" are not to be trusted.

[Simran]

People who repeat that something is "crap" are not to be trusted.

Thanks, disclaimer201! He's stupid.

[smoothie]

Most who know about litecoin aren't searching for it. LOL

hardly a good argument:

I agree! Good call.

So what was your point? lol

[Mjbmonetarymetals]

Everybody here is probably one or more of the following I'm 1 and 2

1, invested into Bitcoin (time and/or money)
2, invested into litecoin (time and/or money)
3, invested into other altcoin (time and/or money)
 
Lots of people who have bought Bitcoin from me have not been a member of this forum, I think for the majority of average jo's who don't dig down into the nitty gritty about Bitcoin they are going to see Litecoin as
 viable alternative an indicator that crypto-coins could indeed be the future. I think this notion of Bitcoin only Bitcoin even if technically it would be the best course, is simply a short sighted view on crypto-coins progression going forward.

[Mjbmonetarymetals]

3 too just got some ripple in my wallet 

[maxcarjuzaa]

It's funny when Bit coin users expect LTC to be just as valuable and popular as BTC. Please fucktards, open your mind

Nobody expects Litecoin to be as valuable and popular as Bitcoin, that doesn't even make sense. The point is, that many altcoins are only created to benefit their creators and have no long term future. And I can think of a few scenario's in which Litecoin can be somewhat useful for a specific purpose, but not so much that it's a good idea to pour any money in it.

Oh really? So, how did coblee benefit from the creation of Litecoin? LTC donations?

we should get serious about this and form a fundation to pay the developers!!!!

[bitcool]

I think it's both. Both cheap and dying. But thats just me.

Cheap means undervalued.  if you think it's dying, then it's expensive.