LTC Wall Observer - BTC-e wall movement tracker

[Bowjob]

Well, LTC was invented for people who missed out on the BTC explosion.. Heck, it even said that on litecoin.org until recently..

But so far it's actually working!

[mccorvic]

Well, LTC was invented for people who missed out on the BTC explosion.. Heck, it even said that on litecoin.org until recently..

But so far it's actually working!

For people who missed out on LTC, there's Nova coin.  Then, for people who miss out on Nova coin I've already created (and personally hold 100,000 units of) SuperCoin.  Of course, I'm working on MegaCoin for people who miss out on that.

Oh wait, this is all a terrible idea.

[smoothie]

Charts people....charts...

[RyNinDaCleM]

What is missing is the price in the depth chart.

I dont see a problem with this thread and its placement in speculation forum here.

It does include Bitcoin....LTC/BTC.

So it is relevant.

 

I agree, it should have a current price.

Does anyone know who owns cryptocoincharts.com?

Perhaps they can add the price in the depth graph.

You know who it is!

[fcmatt]

Well, LTC was invented for people who missed out on the BTC explosion.. Heck, it even said that on litecoin.org until recently..

But so far it's actually working!

For people who missed out on LTC, there's Nova coin.  Then, for people who miss out on Nova coin I've already created (and personally hold 100,000 units of) SuperCoin.  Of course, I'm working on MegaCoin for people who miss out on that.

Oh wait, this is all a terrible idea.

So you cannot, with your imagination, ever dream of a scenario where an alt coin could actually succeed and get more users then bitcoin? Is that really so far fetched or does it conflict with your current dreams to become bitcoin wealthy?

------

Like the other chart thread stays on topic.:-)

[smoothie]

What is missing is the price in the depth chart.

I dont see a problem with this thread and its placement in speculation forum here.

It does include Bitcoin....LTC/BTC.

So it is relevant.

 

I agree, it should have a current price.

Does anyone know who owns cryptocoincharts.com?

Perhaps they can add the price in the depth graph.

You know who it is!

I actually didnt.

But thanks for the info.

[Bitobsessed]

 
http://www.ltc-charts.com/orderbook.php?pair=ltc-usd&market=btc-e

[thefiniteidea]

*Buys LTC*

LTC is the future!

Oh boy, everyone out of the pool... it's been contaminated  

[oakpacific]

http://www.ltc-charts.com/orderbook.php?pair=ltc-usd&market=btc-e

The ask side makes me LOL.

[fcmatt]

http://www.ltc-charts.com/orderbook.php?pair=ltc-usd&market=btc-e

The ask side makes me LOL.

Percentage wise, the ask side for btc on gox looks worse. If someones sell 60k btc the btc price will be 34. Quite the loloss.

[smoothie]

Hit up to 0.0094btc.

[drawingthesun]

0.01BTC will be a milestone

Can you buy anything with LTC?

[Technomage]

I put this in another thread as well, but it fits here also:

If LTC rises faster than BTC at this time, it's a Tulip bubble. Trust me on this. People aren't really thinking it through, the rise is not based on anything else than technicals. I looked at LTC recently to see if I should diversify my Bitcoin holdings, but I came to the conclusion that there is absolutely nothing to see there. Litecoin is used exactly for 1 thing, mining new litecoins to either sell them for bitcoins or dollars, or to hoard them (which is is highly questionable since it's a Tulip bubble).

Nothing else whatsoever is going on in the Litecoin economy. The technology itself does not have any significant advantages to Bitcoin, making it near impossible for Litecoin to even slightly challenge the network effect of Bitcoin. So, again, you might see LTC price rise temporarily at a higher rate than BTC, but there is nothing real going on. The whole LTC economy is based on people mining new LTC's, it's a dead end loop.

[drawingthesun]

I put this in another thread as well, but it fits here also:

If LTC rises faster than BTC at this time, it's a Tulip bubble. Trust me on this. People aren't really thinking it through, the rise is not based on anything else than technicals. I looked at LTC recently to see if I should diversify my Bitcoin holdings, but I came to the conclusion that there is absolutely nothing to see there. Litecoin is used exactly for 1 thing, mining new litecoins to either sell them for bitcoins or dollars, or to hoard them (which is is highly questionable since it's a Tulip bubble).

Nothing else whatsoever is going on in the Litecoin economy. The technology itself does not have any significant advantages to Bitcoin, making it near impossible for Litecoin to even slightly challenge the network effect of Bitcoin. So, again, you might see LTC price rise temporarily at a higher rate than BTC, but there is nothing real going on. The whole LTC economy is based on people mining new LTC's, it's a dead end loop.

I agree, I mine Litecoin to sell into Bitcoin. I find it amazing that Litecoin is increase against Bitcoin. Its good for profits. Do you think 1 Litecoin could be worth $1 though? If so I might hold onto all the Litecoins I am mining for that time, then convert into Bitcoin.

[smoothie]

I put this in another thread as well, but it fits here also:

If LTC rises faster than BTC at this time, it's a Tulip bubble. Trust me on this. People aren't really thinking it through, the rise is not based on anything else than technicals. I looked at LTC recently to see if I should diversify my Bitcoin holdings, but I came to the conclusion that there is absolutely nothing to see there. Litecoin is used exactly for 1 thing, mining new litecoins to either sell them for bitcoins or dollars, or to hoard them (which is is highly questionable since it's a Tulip bubble).

Nothing else whatsoever is going on in the Litecoin economy. The technology itself does not have any significant advantages to Bitcoin, making it near impossible for Litecoin to even slightly challenge the network effect of Bitcoin. So, again, you might see LTC price rise temporarily at a higher rate than BTC, but there is nothing real going on. The whole LTC economy is based on people mining new LTC's, it's a dead end loop.

So you are all-knowing?

Most aren't releasing details of their LTC projects until they are 100% finished, unlike many bitcoin businesses....B.......F...........achooo........L.

Let's stay on topic. This is a wall movement tracker thread.

[drawingthesun]

Let's stay on topic. This is a wall movement tracker thread.

But this is on-topic, this is a thread about the price of LTC, and discussing the fundamentals and reason the price is exploading is important.

Those numbers mean something, I think its unfair to not let people speculate about the reasons behind the price in this thread.

[iCEBREAKER]

The ltc economy isn't a closed loop!  Far from it, you can trade them 1 to 1 for Novacoin.

I paid smoothie for a blowjob with litecoins, and you can buy a big ugly silver bar with them too.

Smoothie said it was probably fake, but I told him not to talk with his mouth full.  

[drawingthesun]

Most aren't releasing details of their LTC projects until they are 100% finished, unlike many bitcoin businesses....B.......F...........achooo........L.

If the criteria for good software and good business is that it is 100% finished, then we would have no software and no business. Your a smart person smoothie and you must be able to see that the idea people will wait until their product (especially service/software products) are 100% is insane. The only products that approach 100% are civil projects such as buildings and bridges. Even military projects such as submarines and aircraft carriers are constantly getting better with each new ship.

There are few 100% finished products in the world. And no business or service can be 100%, how do you know 100% if you don't even have users?

[StarenseN]

If there is place for one cryptocurrency, there is/will have place for other ones.

The main value of Litecoin is that :

* it has a different encryption algorithm (so if you diversify your BTC assets, at least a part is safe to unexpected hack)
* block are mined every 2.5minutes (4x faster transactions)


if the market is enough liquid with (a) strong exchange platforms LTC/BTC, LTC can be used in specific applications (that we don't even know the existence now) and serve the bitcoin adoption.

[myself]

RIP LTC thread