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Author Topic: Litecoin: 3 outcomes  (Read 4005 times)
dballing (OP)
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August 11, 2016, 09:07:09 PM
 #1

I see 3 possible outcomes for Litecoin: (which one do you think it will be)

1. Litecoin continues as the silver to Bitcoin's gold analogy forever and maintains 60-70 to 1 ratio with BTC (or better at times similar to precious metals).
2. Bitcoin has an issue such as scaling and it brings down or sideways the entire crypto market including Litecoin.
3. People realize that Litecoin is a better Bitcoin and it has to be rebranded as the platinum to Bitcoin's gold.

Also, If you've seen the interview with Charlie he says that he absolutely loved every aspect about Bitcoin, but felt there could be some improvements (since he had 2 years of Bitcoin data to make that assessment). The way he went about launching LTC was a much more fair process as well while BTC was not technically a premine it might as well be.

The other odd thing is that back between 2011-2013 I remember people saying Bitcoin would rule the world. Now if you listen carefully often times people say Bitcoin will rule the world or something like it... wtf? Something like it? Nobody ever said that in the past and now it's common. So are they referring to something like Ethereum or Litecoin? I'm not sure, but I find that odd.

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August 11, 2016, 09:11:19 PM
 #2

I see 3 possible outcomes for Litecoin: (which one do you think it will be)

1. Litecoin continues as the silver to Bitcoin's gold analogy forever and maintains 60-70 to 1 ratio with BTC (or better at times similar to precious metals).
2. Bitcoin has an issue such as scaling and it brings down or sideways the entire crypto market including Litecoin.
3. People realize that Litecoin is a better Bitcoin and it has to be rebranded as the platinum to Bitcoin's gold.

Also, If you've seen the interview with Charlie he says that he absolutely loved every aspect about Bitcoin, but felt there could be some improvements (since he had 2 years of Bitcoin data to make that assessment). The way he went about launching LTC was a much more fair process as well while BTC was not technically a premine it might as well be.

The other odd thing is that back between 2011-2013 I remember people saying Bitcoin would rule the world. Now if you listen carefully often times people say Bitcoin will rule the world or something like it... wtf? Something like it? Nobody ever said that in the past and now it's common. So are they referring to something like Ethereum or Litecoin? I'm not sure, but I find that odd.



What a shit topic, I don't even now how to troll? you should write it again putting the opposite for 90% of the content Cool
dballing (OP)
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August 11, 2016, 09:19:38 PM
 #3

Damn, you need to step your troll game up or drink more coffee son... I'd make a better Litecoin troll than you! Hahaha
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August 11, 2016, 10:24:53 PM
 #4

It's easy to say how fast Litecoin is when nobody uses it. All those altcoins acting as if they can do better than Bitcoin when they have no use at all and dont have to deal with the problems of having big volume.

Bitcoin is gold and Bitcoin is king, no coin is going to replace it.
dballing (OP)
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August 11, 2016, 10:55:58 PM
 #5

It's easy to say how fast Litecoin is when nobody uses it. All those altcoins acting as if they can do better than Bitcoin when they have no use at all and dont have to deal with the problems of having big volume.

Bitcoin is gold and Bitcoin is king, no coin is going to replace it.

Even if LTC had the exact transaction volume as BTC it would still be 4x faster (has a 28 tps and BTC has 7 tps current limit). While I also believe no coin will ever replace Bitcoin it's foolish to think it could never happen... the things I've seen in crypto continually blows my mind. The only two aspects that bother me about Bitcoin is the current transaction per second rate and the founder mining for a year with zero competition. Actually, mining centralization for both BTC and LTC has me worried as well.

Regardless, we REALLY need a solution for Bitcoin whether it be the lightning network, segwit or blockstream. Unlike a lot of people here I send/receive BTC everyday and it's a pain in my ass (on some days). Now imagine the derivatives market melting down or some other black swan event in the financial markets... people flocking to BTC for safety would bottleneck the system within hours.

Lastly, these are just potential future outcomes that I THINK could occur which was why I was wanting people's opinions.


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August 12, 2016, 12:06:58 AM
 #6

Betting $500 that ltc will still be trading under $5 in October.

Ltc is useless and will never ba added to gdax or coinbase. Never. And if, for some reason it does end up there, the price will dump even harder

Lòoool
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August 12, 2016, 12:45:24 AM
 #7

Dballing also has a point here. I agree that BTC is king and will always be king if the situation stayed the same as today, but having LTC as a back up plan in case something goes heavily wrong with BTC might not be a bad idea.

How is the mining situation with LTC? Is the hash power distribution ok or is it becoming like what we have in BTC?

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dballing (OP)
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August 12, 2016, 01:07:03 AM
 #8

Betting $500 that ltc will still be trading under $5 in October.

Ltc is useless and will never ba added to gdax or coinbase. Never. And if, for some reason it does end up there, the price will dump even harder

Lòoool

Your username is ironic... are you upside down in a trade or trying to acquire more cheap LTC? ROFL
Also, it was recently announced that LTC would be added to GDAX along with other digital assets. Both Fred and Charlie confirmed this, but didn't set an exact date.

I don't agree that the price will dump, but I also don't think it will sky rocket. It going up a little or sideways is more likely.

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August 12, 2016, 01:17:29 AM
Last edit: August 12, 2016, 01:36:30 AM by dballing
 #9

Dballing also has a point here. I agree that BTC is king and will always be king if the situation stayed the same as today, but having LTC as a back up plan in case something goes heavily wrong with BTC might not be a bad idea.

How is the mining situation with LTC? Is the hash power distribution ok or is it becoming like what we have in BTC?

The centralization of the mining is about the same. What do you expect though? (I'm referring to China) They have all the money, cheap power, manufacturing base and I believe their society (the masses) would take a liking to crypto more so than western society.  

I was hoping that BTC and LTC would remain GPU-mined for decades (for decentralization reasons), but no coin can remain ASIC resistant forever. UNLESS you tell everyone according to coin policy that if an ASIC is ever produced for that coin it will fork immediately. That has it's issues too though, but the threat might deter most people from developing an ASIC due to costs.

I've been trying to game theory these ideas, but I keep finding issues and ultimately it leads to centralization. The rich will always find ways to control all the coins or mining power.

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August 12, 2016, 07:32:12 AM
 #10

Betting $500 that ltc will still be trading under $5 in October.

Ltc is useless and will never ba added to gdax or coinbase. Never. And if, for some reason it does end up there, the price will dump even harder

Lòoool

Yeah, ltc's hash rate is mainly controlled by Chinesd big miners. They can easily dump ltc into okcoin and huobi, some of them steals the electricity, therefore ltc can be very very cheap.
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August 12, 2016, 07:36:08 AM
 #11

its a smart move during these wild west days for ltc to be in btc's shadow, certainly though ltc is better then btc (though many are in the longest river in egypt on that one).
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August 12, 2016, 08:26:45 AM
 #12

Betting $500 that ltc will still be trading under $5 in October.

Ltc is useless and will never ba added to gdax or coinbase. Never. And if, for some reason it does end up there, the price will dump even harder

Lòoool

Yeah, ltc's hash rate is mainly controlled by Chinesd big miners. They can easily dump ltc into okcoin and huobi, some of them steals the electricity, therefore ltc can be very very cheap.

Are you sure you don't mean Bitcoin? ROFL!

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August 12, 2016, 11:16:53 AM
 #13

I guess Litcoin continues as the silver's to Bitcoin gold , I also can't imagine the crypto world without Litcoin , I use it to transfer my Balances between many exchanges withoit large fees , that is its role now , and when Bitcoin price reach $ 1000 , it will surpass $5 or $6 ,
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August 12, 2016, 11:43:07 AM
 #14

It's stupid to rule LTC out. It has potential and it is still recovering from the 2015 chinese pump and dump were like 8 million coins were dumped.

EDIT: I think it has to be rebranded though!


Ltc is useless and will never ba added to gdax or coinbase. Never.

GDAX is Coinbase.

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August 12, 2016, 11:56:24 AM
 #15

Litecoin is a relic of the past when there were basically no alts around.
It offers very few advantages over Bitcoin, but lacks the blockchain strength and first mover advantage that Bitcoin enjoys.

If Bitcoin fails, there is very little chance that Litecoin will succeed, either crypto would be done, or some newer crypto tech coin would be number 1.
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August 12, 2016, 12:00:32 PM
 #16

EDIT: I think it has to be rebranded though!

a true p2p decentralised currency should be indifferent to branding.

any individual and/or group can call it brand it anything they like.
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August 12, 2016, 12:03:04 PM
 #17

litecoin is a strong coin after bitcoin and will continue being strong for the foreseeable future. the coin could keep its volume up for a very long time and it is practically considered old, you can even say it is as old as bitcoin considering all other altcoins die so young.
but i don't think scenarios like 2 or 3 will ever happen in the crypto world.

Betting $500 that ltc will still be trading under $5 in October.
----
Your username is ironic... are you upside down in a trade or trying to acquire more cheap LTC? ROFL
Also, it was recently announced that LTC would be added to GDAX along with other digital assets. Both Fred and Charlie confirmed this, but didn't set an exact date.

I don't agree that the price will dump, but I also don't think it will sky rocket. It going up a little or sideways is more likely.

don't even read the trolls posts.
the funny thing about these desperate traders is that they think people forget about things they say from time to time.
he says litecoin is dying and goes to sub $2 and he can't even make up his own mind and in less than 10 days he claims litecoin is going to $25
all these are desperate acts to create some FUD and possible panic Cheesy

--looking for signature--
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August 12, 2016, 12:09:16 PM
 #18

i thought the story of LTC replaced with ETH&ETC , what is new here ?
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August 12, 2016, 12:53:58 PM
 #19

Quote
1. Litecoin continues as the silver to Bitcoin's gold analogy forever and maintains 60-70 to 1 ratio with BTC (or better at times similar to precious metals).

i vote for this.
litecoin will be as it has always been the silver to bitcoin's gold and i don't see this changing unless a new coin is invented in the future than can become big and also "stay big" as long as litecoin did.

i thought the story of LTC replaced with ETH&ETC , what is new here ?

Litecoin will never be replaced by anything else.
the story of ETH & ETC or in other words the big noise that ethereum has created is only a big hype in the market that has caused a lot of spam and as long as the pump and dump of etherum continues this noise continues too.

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August 12, 2016, 01:30:26 PM
 #20

the first option would be the best in my opinion, we definitely need some other cryptocurrencies that are strong and that can be with bitcoins just be less worth

 
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August 12, 2016, 02:22:04 PM
 #21

When I joined this forum. A bit more then 2 years ago. This forum was like LTC is total crap. There are milion coins that are better.  But reality back then was that LTC was second most used and known crypto.  Today that is not the case anymore. And ofcourse 2014 and before will never happen again.  I am not saying anything about a price. But just about being  used and known.
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August 12, 2016, 02:38:45 PM
 #22

It's easy to say how fast Litecoin is when nobody uses it. All those altcoins acting as if they can do better than Bitcoin when they have no use at all and dont have to deal with the problems of having big volume.

Bitcoin is gold and Bitcoin is king, no coin is going to replace it.

i totally agree with @oblivi.
the problems in bitcoin will be solved by bitcoin. there will always be market to altcoins but none of them will surpass bitcoin usage, at least not in my opinion.
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August 12, 2016, 02:47:46 PM
 #23

When I joined this forum. A bit more then 2 years ago. This forum was like LTC is total crap. There are milion coins that are better.  But reality back then was that LTC was second most used and known crypto.  Today that is not the case anymore. And ofcourse 2014 and before will never happen again.  I am not saying anything about a price. But just about being  used and known.
and it actually is, how can it be better than bitcoin if it is not used by anyone and it is not going to be used, i think the most possible is the first outcome

 
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August 12, 2016, 02:59:47 PM
 #24

You should keep in mind that the banks sometimes are using 50-year old software. We should wait probably at least 5-10 years until we can say who is going to win the "race". Smiley We have number of fiat currencies, we can have a number of cryptocurrencies as well (i.e. several to succeed). Too early to say...

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August 12, 2016, 03:06:17 PM
 #25

It's stupid to rule LTC out. It has potential and it is still recovering from the 2015 chinese pump and dump were like 8 million coins were dumped.

Haha, yea I heard a lot of people complain about getting burned on that.  LTC dumped so hard that a lot of people just left the coin never to come back again after they bought at top.  People who were once fans of certain coins tend to become enraged after getting burned on market moves like that, so you need fresh blood on the scene for the market to do anything after.


a true p2p decentralised currency should be indifferent to branding.

An illusive Kelsey the Litecoin troll sighting.  It's like drawing a pentragram to summon the devil.  Draw a Litecoin sign on a spotlight like Batman and Kelsey appears.

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bitcoinlitcoinbtcltc
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August 12, 2016, 03:09:21 PM
 #26

Litecoin will never see $5 again. It will be worth $0.50 before it will be worth $5. Mark my words.

Gdax also doesnt care about it. If they did, ti would've been added by now. It will never be added. They will come up with excuse why they didnt add it in the end anyway, LOL.
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August 12, 2016, 03:11:37 PM
 #27

An illusive Kelsey the Litecoin troll sighting.  It's like drawing a pentragram to summon the devil.  Draw a Litecoin sign on a spotlight like Batman and Kelsey appears.

HAHAHAHA

Litecoin will never see $5 again. It will be worth $0.50 before it will be worth $5. Mark my words.

Gdax also doesnt care about it. If they did, ti would've been added by now. It will never be added. They will come up with excuse why they didnt add it in the end anyway, LOL.

I am 101% sure that it will see $5 and even more! Big exchanges like GDAX are thinking twice before listing some coin so we can't say that they won't list it.

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August 12, 2016, 03:40:01 PM
 #28

Litecoin will never see $5 again. It will be worth $0.50 before it will be worth $5. Mark my words.

Gdax also doesnt care about it. If they did, ti would've been added by now. It will never be added. They will come up with excuse why they didnt add it in the end anyway, LOL.
thats true, in my opinion litecoin is not going to grow at any time in the future, i hope that the price will go up only of bitcoins, it will have bright future

 
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dream7000
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August 12, 2016, 05:55:39 PM
 #29

Somebody please explain why LTC average transactions have surpassed Bitcoin's average for the last three months.

https://bitinfocharts.com/litecoin/transactionvalue-btc-ltc.html#1y

GreenBits
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August 12, 2016, 07:54:39 PM
 #30

I don't think litecoin will surpass bitcoin because of trust (bitcoin has been around the longest) but I can certainly see it always being in the top five. It's like a strawberry to bitcoins vanilla. It serves a different purpose than btc ATM, that is LTC is more useful for quick value transfer. There might be a hype coin that pops up like a cookies and cream or a seasonal flavor. But you go with what you know, at least as far as American consumerism is concerned. I can see ltc taking a permanent second place however,  they actually take development serious, but slowly. I don't see all the cash grabbiness that's par for the course out here; guys have enough capital already where they don't have to look janky in order to keep going. Keep up the good work ltc dudes, you have provided me liquidity many a time and I salute you.
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August 12, 2016, 08:42:49 PM
 #31

Somebody please explain why LTC average transactions have surpassed Bitcoin's average for the last three months.

https://bitinfocharts.com/litecoin/transactionvalue-btc-ltc.html#1y

because with litecoin you are not limited to 3 per seconds, you can do 4x since the block time allow more rom, it's 4x bigger, with its 2.5 minutes, but it's only the average the spike is still in bitcoin hands as you see

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August 12, 2016, 09:45:36 PM
 #32

as long as the Chinese keep loving litecoin you'd be premature in discounting it completely. it don't do much for me but there's no denying that it's one of the most honest coins out there with a competent crew on the case, but i'm really starting to wonder if any traders give a shit about this fact.

maybe its day will come again but there's a risk it'll get lost in the epic pumps we've been having with other alts. it really needs to separate itself with some actual usage.
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August 14, 2016, 10:48:00 AM
 #33

Betting $500 that ltc will still be trading under $5 in October.

Ltc is useless and will never ba added to gdax or coinbase. Never. And if, for some reason it does end up there, the price will dump even harder

Lòoool

Yeah, ltc's hash rate is mainly controlled by Chinesd big miners. They can easily dump ltc into okcoin and huobi, some of them steals the electricity, therefore ltc can be very very cheap.

Are you sure you don't mean Bitcoin? ROFL!



Chandler Guo is a bitcoin, ethereum classic miner now. Litecoin biggest miner is called "big eye frog" or sth like that. He is famous in the community, and he has earned 100M of CNY because of litecoin.   Shocked    And he is founder of a mining company.

http://www.wanbizu.com/xinbi/20140702416.html
dballing (OP)
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August 14, 2016, 11:25:30 AM
 #34

The sweet spot Smiley

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August 14, 2016, 11:55:04 AM
 #35


Litecoin wins at almost all rows. Strange as is. That would predict a higher interest in Scrypt ASICs soon.

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August 14, 2016, 12:00:03 PM
 #36

The sweet spot Smiley



I doubt the image is many months ago, btc 443 usd?  Grin  Btw, except the prices, other info are comprehensive.
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August 14, 2016, 12:03:45 PM
 #37

I see 3 possible outcomes for Litecoin: (which one do you think it will be)
1. Litecoin continues as the silver to Bitcoin's gold analogy forever and maintains 60-70 to 1 ratio with BTC (or better at times similar to precious metals).

I think this is the most probably thing to happen for litecoin. LTC has a good and dedicated developer and it will continue being strong and continue being at this price and in time can even grow.

Quote
2. Bitcoin has an issue such as scaling and it brings down or sideways the entire crypto market including Litecoin.

what issue?
first of all the scaling issue is not yet a serious issue
second of all this issue is being solved one way or another. and I think the more time it takes and more tests done on it, the better it is before really implementing anything.
so I can't really see bitcoin failing because of scaling issue and anything else replacing it.

Quote
3. People realize that Litecoin is a better Bitcoin and it has to be rebranded as the platinum to Bitcoin's gold.

well that's just it, litecoin is not better than bitcoin Smiley so there is nothing to realize.

The sweet spot Smiley
[I m g]http://bitcoindaily.org/wp-content/uploads/2016/05/what-is-litecoin.jpg?resolution=1024,1[/img]

bitcoin block size is wrong!
the rest are also debatable, and not entirely right about either of these!

also there is two important things missing from this picture:
1) manipulation: it exits everywhere but if we call level of manipulation in etherum 100% in the other two it would be less than 10%
and
2) decentralization: LTC and BTC are both at an acceptable level of decentralization but ETH is a centralized coin that is being controlled by the developer and the foundation.

Only Bitcoin
dballing (OP)
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August 14, 2016, 12:04:34 PM
 #38

I was trying to find that "big eye frog" or sth guy that was mentioned earlier. That was an image I happen to see in Google Images when doing searches. I've never heard of that guy though doing that much Scrypt mining...
dballing (OP)
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August 14, 2016, 12:09:24 PM
 #39

I see 3 possible outcomes for Litecoin: (which one do you think it will be)
1. Litecoin continues as the silver to Bitcoin's gold analogy forever and maintains 60-70 to 1 ratio with BTC (or better at times similar to precious metals).

I think this is the most probably thing to happen for litecoin. LTC has a good and dedicated developer and it will continue being strong and continue being at this price and in time can even grow.

Quote
2. Bitcoin has an issue such as scaling and it brings down or sideways the entire crypto market including Litecoin.

what issue?
first of all the scaling issue is not yet a serious issue
second of all this issue is being solved one way or another. and I think the more time it takes and more tests done on it, the better it is before really implementing anything.
so I can't really see bitcoin failing because of scaling issue and anything else replacing it.

Quote
3. People realize that Litecoin is a better Bitcoin and it has to be rebranded as the platinum to Bitcoin's gold.

well that's just it, litecoin is not better than bitcoin Smiley so there is nothing to realize.

The sweet spot Smiley
[I m g]http://bitcoindaily.org/wp-content/uploads/2016/05/what-is-litecoin.jpg?resolution=1024,1[/img]

bitcoin block size is wrong!
the rest are also debatable, and not entirely right about either of these!

also there is two important things missing from this picture:
1) manipulation: it exits everywhere but if we call level of manipulation in etherum 100% in the other two it would be less than 10%
and
2) decentralization: LTC and BTC are both at an acceptable level of decentralization but ETH is a centralized coin that is being controlled by the developer and the foundation.

I agree with you! Although, you have to admit LTC is a slightly better BTC Smiley. My hat goes off to the BTC network effect though and the unstoppable support from the community. I've never met so many intelligent people in my life (in one place) and it was at a time when I was losing hope for humanity.
bitcoinlitcoinbtcltc
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August 14, 2016, 05:15:52 PM
 #40

The sweet spot Smiley



You have to update it, Litecoin dumped a bit and Ethereum went up a bit.

Or wait. Because before October, you'll have to update it to $3 (or sub $3 for LTC) anyway, LOL.
dballing (OP)
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August 14, 2016, 05:58:10 PM
 #41

You're playing into the narrative of what that comparison is making... That is what everyone is realizing.

Many coins are overvalued and LTC is dramatically undervalued right now.

The idea is to buy low sell high right?

Something tells me you did the opposite and are now frustrated because LTC hasn't made you rich yet.

Just buy more on the low side and consider it a cost average.

ROFL!
bitcoinlitcoinbtcltc
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August 14, 2016, 07:09:58 PM
 #42

You're playing into the narrative of what that comparison is making... That is what everyone is realizing.

Many coins are overvalued and LTC is dramatically undervalued right now.

The idea is to buy low sell high right?

Something tells me you did the opposite and are now frustrated because LTC hasn't made you rich yet.

Just buy more on the low side and consider it a cost average.

ROFL!

It's never going to go up.
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August 14, 2016, 07:22:59 PM
 #43

You're playing into the narrative of what that comparison is making... That is what everyone is realizing.

Many coins are overvalued and LTC is dramatically undervalued right now.

The idea is to buy low sell high right?

Something tells me you did the opposite and are now frustrated because LTC hasn't made you rich yet.

Just buy more on the low side and consider it a cost average.

ROFL!

It's never going to go up.
thats true, ltc has no future at the moment, in my opinion it is going to be dumped even further down, if not then still no one will be using it

 
                                . ██████████.
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dballing (OP)
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August 14, 2016, 07:23:48 PM
 #44

You're playing into the narrative of what that comparison is making... That is what everyone is realizing.

Many coins are overvalued and LTC is dramatically undervalued right now.

The idea is to buy low sell high right?

Something tells me you did the opposite and are now frustrated because LTC hasn't made you rich yet.

Just buy more on the low side and consider it a cost average.

ROFL!

It's never going to go up.

This was the same sentiment mid 2013 and people poo poo'd it day after day (saying dead dead dead). I said HODL, HODL, then the LTC/BTC ratio tanked to record low then LTC exploded to $48...
If it never goes up again then what's the problem? Why do you hate it so much?

You attack it daily... It's not a threat to you if you don't HODL it.

It would appear you're either upside down in a trade and you're frustrated or you want to acquire more for cheap.  

If it is neither of those, then I don't understand why you apply so much energy towards trying to suppress it.

From a fundamentals standpoint I think it's great despite the price. I absolutely LOVE everything about Bitcoin, but unlike most people I send/receive it everyday. confirmation time bothers me, blockchain size bothers me, founder stash bothers me, but with LTC that's not the case.
bitcoinlitcoinbtcltc
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August 14, 2016, 09:37:51 PM
 #45

You're playing into the narrative of what that comparison is making... That is what everyone is realizing.

Many coins are overvalued and LTC is dramatically undervalued right now.

The idea is to buy low sell high right?

Something tells me you did the opposite and are now frustrated because LTC hasn't made you rich yet.

Just buy more on the low side and consider it a cost average.

ROFL!

It's never going to go up.

This was the same sentiment mid 2013 and people poo poo'd it day after day (saying dead dead dead). I said HODL, HODL, then the LTC/BTC ratio tanked to record low then LTC exploded to $48...
If it never goes up again then what's the problem? Why do you hate it so much?

You attack it daily... It's not a threat to you if you don't HODL it.

It would appear you're either upside down in a trade and you're frustrated or you want to acquire more for cheap.  

If it is neither of those, then I don't understand why you apply so much energy towards trying to suppress it.

From a fundamentals standpoint I think it's great despite the price. I absolutely LOVE everything about Bitcoin, but unlike most people I send/receive it everyday. confirmation time bothers me, blockchain size bothers me, founder stash bothers me, but with LTC that's not the case.


Because I hate that the stupid people who think this dead coin has a future.

So what if it pumped ONCE in 2013?

It is never going to pump again. Ever.

Maybe 4 years from now during next halving event. But nobody is going to waste so much money (opportunity cost) on something that MIGHT happen.

It will be sub $3 before October. Betting $100 on that. If you think it will be higher by then, then I dare you to bet whether it will be $4.40 by then, which is the same difference.
dballing (OP)
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August 14, 2016, 11:18:35 PM
 #46

You're playing into the narrative of what that comparison is making... That is what everyone is realizing.

Many coins are overvalued and LTC is dramatically undervalued right now.

The idea is to buy low sell high right?

Something tells me you did the opposite and are now frustrated because LTC hasn't made you rich yet.

Just buy more on the low side and consider it a cost average.

ROFL!

It's never going to go up.

This was the same sentiment mid 2013 and people poo poo'd it day after day (saying dead dead dead). I said HODL, HODL, then the LTC/BTC ratio tanked to record low then LTC exploded to $48...
If it never goes up again then what's the problem? Why do you hate it so much?

You attack it daily... It's not a threat to you if you don't HODL it.

It would appear you're either upside down in a trade and you're frustrated or you want to acquire more for cheap.  

If it is neither of those, then I don't understand why you apply so much energy towards trying to suppress it.

From a fundamentals standpoint I think it's great despite the price. I absolutely LOVE everything about Bitcoin, but unlike most people I send/receive it everyday. confirmation time bothers me, blockchain size bothers me, founder stash bothers me, but with LTC that's not the case.


Because I hate that the stupid people who think this dead coin has a future.

So what if it pumped ONCE in 2013?

It is never going to pump again. Ever.

Maybe 4 years from now during next halving event. But nobody is going to waste so much money (opportunity cost) on something that MIGHT happen.

It will be sub $3 before October. Betting $100 on that. If you think it will be higher by then, then I dare you to bet whether it will be $4.40 by then, which is the same difference.

I will delete my btctalk account if LTC is sub $3 by January 2017. I'm not betting you money since you will most likely disappear as most trolls do. It was $5+ just 2 months ago... what makes you think it will never see $4+ again? ROFL

Battling you guys is very tiresome. Do you guys get paid to berate coins all day? Hahaha
bitcoinlitcoinbtcltc
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August 15, 2016, 12:45:06 PM
 #47

You're playing into the narrative of what that comparison is making... That is what everyone is realizing.

Many coins are overvalued and LTC is dramatically undervalued right now.

The idea is to buy low sell high right?

Something tells me you did the opposite and are now frustrated because LTC hasn't made you rich yet.

Just buy more on the low side and consider it a cost average.

ROFL!

It's never going to go up.

This was the same sentiment mid 2013 and people poo poo'd it day after day (saying dead dead dead). I said HODL, HODL, then the LTC/BTC ratio tanked to record low then LTC exploded to $48...
If it never goes up again then what's the problem? Why do you hate it so much?

You attack it daily... It's not a threat to you if you don't HODL it.

It would appear you're either upside down in a trade and you're frustrated or you want to acquire more for cheap.  

If it is neither of those, then I don't understand why you apply so much energy towards trying to suppress it.

From a fundamentals standpoint I think it's great despite the price. I absolutely LOVE everything about Bitcoin, but unlike most people I send/receive it everyday. confirmation time bothers me, blockchain size bothers me, founder stash bothers me, but with LTC that's not the case.


Because I hate that the stupid people who think this dead coin has a future.

So what if it pumped ONCE in 2013?

It is never going to pump again. Ever.

Maybe 4 years from now during next halving event. But nobody is going to waste so much money (opportunity cost) on something that MIGHT happen.

It will be sub $3 before October. Betting $100 on that. If you think it will be higher by then, then I dare you to bet whether it will be $4.40 by then, which is the same difference.

I will delete my btctalk account if LTC is sub $3 by January 2017. I'm not betting you money since you will most likely disappear as most trolls do. It was $5+ just 2 months ago... what makes you think it will never see $4+ again? ROFL

Battling you guys is very tiresome. Do you guys get paid to berate coins all day? Hahaha

It took massive bitcoin/altcoin hype and the halving to pump LTC $1.70 (from $3.30 to $5) and it was not able to sustain that level for even a week as most people dumped.

It might see $4 and $5 for a few hours, sure, but it will instantly be dumped. Therefore not a suitable choice for investors.

It is a joke coin. I am surprised it is still above $3.

It will be sub $3.50 October first. MARK MY WORDS.
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August 15, 2016, 01:35:05 PM
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Almost sub $3.50

and gdax/coinbase won't add it either

Read Coblee's ''update'' (which basically reads; it won't be added in at leas tthe next 6 months) with bullshit excuses about how it takes time bla bla bla new currency regulations bla bla bla (they didn't seem to have that problem with ETH).

LOL.

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August 15, 2016, 02:37:46 PM
 #49

WOW! 2.5 minute blocktimes? SIGN ME UP!
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August 15, 2016, 03:05:58 PM
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@bitcoinlitcoinbtcltc
you sound so desperate my friend. spamming all over the altcoin board and god knows where else and creating self moderated topics about death of litecoin will never work in your favor.

if you think Chinese are letting litecoin go down you are a fool. they have been very keen in accumulating LTC silently and then pump it when nobody is looking.

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August 15, 2016, 05:09:25 PM
 #51

Comparing ETH (which basically screwed up with hundreds of millions $ funds in a few months) with LTC is a nonsense. Many of you are lookling only at the current prices (please don't give me the tech yada yada) and only few of you are asking how is that happened. You are forgetting that this is not all about profits and technology, this is for a greater good and there must be a mutual respect between everybody! Charlie Lee is one of the pioneers in cryptoworld and it must be respected by everyone, because he did nothing wrong. He rightfully condemned the ETH's fork and he also said that it will never happen with LTC. Do you know what that means, you ignorant ETH shills? He is fighting for DECENTRALISATION!

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August 16, 2016, 05:49:22 AM
 #52

@bitcoinlitcoinbtcltc
you sound so desperate my friend. spamming all over the altcoin board and god knows where else and creating self moderated topics about death of litecoin will never work in your favor.

if you think Chinese are letting litecoin go down you are a fool. they have been very keen in accumulating LTC silently and then pump it when nobody is looking.

You are right, Chinese whales like insta accumulate when the price dip, and then huge pump, I hope ltc can go lower and lower, so we get as cheap as possible(sell on rising)
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August 16, 2016, 07:23:39 AM
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@bitcoinlitcoinbtcltc
you sound so desperate my friend. spamming all over the altcoin board and god knows where else and creating self moderated topics about death of litecoin will never work in your favor.

if you think Chinese are letting litecoin go down you are a fool. they have been very keen in accumulating LTC silently and then pump it when nobody is looking.

You are right, Chinese whales like insta accumulate when the price dip, and then huge pump, I hope ltc can go lower and lower, so we get as cheap as possible(sell on rising)

This is what scares me. Right now LTC has a lot of negative sentiment and therefore low price. ltc/usd and ltc/btc is down right now, but in the blink of an eye we could see the greatest green candle in the history of crypto.

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August 16, 2016, 08:01:05 AM
 #54

@bitcoinlitcoinbtcltc
you sound so desperate my friend. spamming all over the altcoin board and god knows where else and creating self moderated topics about death of litecoin will never work in your favor.

if you think Chinese are letting litecoin go down you are a fool. they have been very keen in accumulating LTC silently and then pump it when nobody is looking.

You are right, Chinese whales like insta accumulate when the price dip, and then huge pump, I hope ltc can go lower and lower, so we get as cheap as possible(sell on rising)

This is what scares me. Right now LTC has a lot of negative sentiment and therefore low price. ltc/usd and ltc/btc is down right now, but in the blink of an eye we could see the greatest green candle in the history of crypto.



Keep dreaming. There will never be any significant LTC pump ever again.
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August 16, 2016, 08:03:00 AM
 #55

@bitcoinlitcoinbtcltc
you sound so desperate my friend. spamming all over the altcoin board and god knows where else and creating self moderated topics about death of litecoin will never work in your favor.

if you think Chinese are letting litecoin go down you are a fool. they have been very keen in accumulating LTC silently and then pump it when nobody is looking.

You are right, Chinese whales like insta accumulate when the price dip, and then huge pump, I hope ltc can go lower and lower, so we get as cheap as possible(sell on rising)

This is what scares me. Right now LTC has a lot of negative sentiment and therefore low price. ltc/usd and ltc/btc is down right now, but in the blink of an eye we could see the greatest green candle in the history of crypto.



Keep dreaming. There will never be any significant LTC pump ever again.

This is a repeat of what people said years ago and then LTC exploded one day. No one can predict the future. I do think it's possible to occur again, but to say it never will is foolish. I'm starting to think you're a paid troll... lol
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August 16, 2016, 08:20:54 AM
 #56

@bitcoinlitcoinbtcltc
you sound so desperate my friend. spamming all over the altcoin board and god knows where else and creating self moderated topics about death of litecoin will never work in your favor.

if you think Chinese are letting litecoin go down you are a fool. they have been very keen in accumulating LTC silently and then pump it when nobody is looking.

You are right, Chinese whales like insta accumulate when the price dip, and then huge pump, I hope ltc can go lower and lower, so we get as cheap as possible(sell on rising)

This is what scares me. Right now LTC has a lot of negative sentiment and therefore low price. ltc/usd and ltc/btc is down right now, but in the blink of an eye we could see the greatest green candle in the history of crypto.



Keep dreaming. There will never be any significant LTC pump ever again.

This is a repeat of what people said years ago and then LTC exploded one day. No one can predict the future. I do think it's possible to occur again, but to say it never will is foolish. I'm starting to think you're a paid troll... lol

It's more then a year ago since it last pumped. If it doesn't pump within the next few months, it has lost all meaning and life.
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August 16, 2016, 08:39:28 AM
 #57

Litecoin is useless.The price can keep this high just for it's long history and several big exchanges.
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August 16, 2016, 12:10:47 PM
 #58

It will be $1 sooner than you think. I just shorted 50 btc worth of litecoin on okcoin wuth 20x leverage.

Ltc longs and bagholders will get #REKT HARDER THAN EVER BEFORE VERY SOON. mark my words. If you have brains, get loan and short like I did Smiley
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August 17, 2016, 10:28:27 AM
 #59

It will be $1 sooner than you think. I just shorted 50 btc worth of litecoin on okcoin wuth 20x leverage.

Ltc longs and bagholders will get #REKT HARDER THAN EVER BEFORE VERY SOON. mark my words. If you have brains, get loan and short like I did Smiley

Haha, although I don't like LTC, why your name has litcoin? I thought you liked ltc, but you bought too expensive LTC during the pump, am I right?
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August 17, 2016, 11:14:48 AM
 #60

Ltc is useless and will never ba added to gdax or coinbase. Never.

I'd be willing to send you $10K in BTC if Litecoin isn't added to GDAX in the next 60 days.
Deal?
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August 17, 2016, 11:24:31 AM
 #61

Ltc is useless and will never ba added to gdax or coinbase. Never.

I'd be willing to send you $10K in BTC if Litecoin isn't added to GDAX in the next 60 days.
Deal?

Hahaha! Would like to see what the troll will answer... Grin

P.S. Can I tweed this? Cheesy

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August 17, 2016, 12:41:49 PM
 #62

Ltc is useless and will never ba added to gdax or coinbase. Never.

I'd be willing to send you $10K in BTC if Litecoin isn't added to GDAX in the next 60 days.
Deal?

Deal. Won't be added in even 120 days  Cheesy
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August 17, 2016, 12:46:25 PM
 #63

Ltc is useless and will never ba added to gdax or coinbase. Never.

I'd be willing to send you $10K in BTC if Litecoin isn't added to GDAX in the next 60 days.
Deal?

Deal. Won't be added in even 120 days  Cheesy

Quoted for reference. Smiley

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August 17, 2016, 01:17:13 PM
 #64

Ltc is useless and will never ba added to gdax or coinbase. Never.

I'd be willing to send you $10K in BTC if Litecoin isn't added to GDAX in the next 60 days.
Deal?

Deal. Won't be added in even 120 days  Cheesy

Quoted for reference. Smiley

don't feed the trolls my friend.
bitcoinlitcoinbtcltc is a desperate LTC holder who thinks he can make litecoin price go further down by spamming on the forum full of negative posts about litecoin then when he buys enough LTC then he starts the reverse strategy by spamming good things about litecoin.

you can see these steps in his history, i bet in a short while he starts saying litecoin is going to be $25 you can see this in his topic from 6 months ago and then go from that post to a couple of months back to see him saying price to sub $2 Cheesy

--looking for signature--
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August 17, 2016, 01:23:09 PM
 #65

don't feed the trolls my friend.
bitcoinlitcoinbtcltc is a desperate LTC holder who thinks he can make litecoin price go further down by spamming on the forum full of negative posts about litecoin then when he buys enough LTC then he starts the reverse strategy by spamming good things about litecoin.

you can see these steps in his history, i bet in a short while he starts saying litecoin is going to be $25 you can see this in his topic from 6 months ago and then go from that post to a couple of months back to see him saying price to sub $2 Cheesy

I'm not feeding anybody, bud... I am even creating a new topic about the bet as we speak. I'd like this guy to really take the bet and we will see what happens. Cheesy

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August 17, 2016, 02:24:54 PM
 #66

looks ltc holdr has sheep sycho,C Lee says something rest follow.hope is denial of facts.
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August 17, 2016, 07:22:35 PM
 #67

Huge crash coming, now is perfect time to short 20x leverage on OKCoin. Thank me later (also please send part of your profits for this GREAT advise, thanks you).
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August 18, 2016, 06:40:24 AM
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Deal. Won't be added in even 120 days  Cheesy

120 days it is then.

This deal is both ways, right? So if it does get added to GDAX within 120 days from today, then you owe me $10K in BTC?
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August 18, 2016, 08:20:11 AM
 #69

Regardless, we REALLY need a solution for Bitcoin whether it be the lightning network, segwit or blockstream. Unlike a lot of people here I send/receive BTC everyday and it's a pain in my ass (on some days). Now imagine the derivatives market melting down or some other black swan event in the financial markets... people flocking to BTC for safety would bottleneck the system within hours.

Lastly, these are just potential future outcomes that I THINK could occur which was why I was wanting people's opinions.


The time it takes to get a confirmation on the bitcoin blockchain needs to be improved on, if bitcoin plans to take over the world.

I hope the developers think of a way out of this.
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August 23, 2016, 06:52:20 PM
 #70

So how come this guy went from hating LTC here:

Betting $500 that ltc will still be trading under $5 in October.

Ltc is useless and will never ba added to gdax or coinbase. Never. And if, for some reason it does end up there, the price will dump even harder

Lòoool

to pumping it here:

Litecoin will be added to Gdax today!

It is the 2nd oldest surviving cryptocurrency, more secure than bitcoin, traded on all major exchanged, and soon to be added to the world's largest Bitcoin company! (Coinbase's exchange; Gdax!)

I am sure plenty of other exchanges, like Gemini and Bitstmap, will follow suit.

Litecoin basically has everything a cryptocurrency should have, but is, on top of everything, more superior than any other coin in existence!

All the other coins are either dying, are scams, IPOs, ponzi schemes or simply pump and dumps.

Litecoin had a fair launch, creator is known and respected, it is fast, it is secure... it has everything a cryptocurrency should have!

If you're in it for the long-run, then I highly advise you to purchase Litecoin while it is still EXTREMELY CHEAP.

As long as LTC is below $20, it is CONSIDERED CHEAP.

Buy now before the mega rise... It will be $10+ before you know it. Also a GREAT opportunity to margin 20x long LTC on OkCoin!

BUY BUY BUY. THANK ME LATER.

CHIKUN ARISE!

LITECOIN TO THE MOON!

In a matter of days? He has already 2 pump threads up right now lol.
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August 24, 2016, 02:13:43 AM
 #71

So how come this guy went from hating LTC here:

Betting $500 that ltc will still be trading under $5 in October.

Ltc is useless and will never ba added to gdax or coinbase. Never. And if, for some reason it does end up there, the price will dump even harder

Lòoool

to pumping it here:

Litecoin will be added to Gdax today!

It is the 2nd oldest surviving cryptocurrency, more secure than bitcoin, traded on all major exchanged, and soon to be added to the world's largest Bitcoin company! (Coinbase's exchange; Gdax!)

I am sure plenty of other exchanges, like Gemini and Bitstmap, will follow suit.

Litecoin basically has everything a cryptocurrency should have, but is, on top of everything, more superior than any other coin in existence!

All the other coins are either dying, are scams, IPOs, ponzi schemes or simply pump and dumps.

Litecoin had a fair launch, creator is known and respected, it is fast, it is secure... it has everything a cryptocurrency should have!

If you're in it for the long-run, then I highly advise you to purchase Litecoin while it is still EXTREMELY CHEAP.

As long as LTC is below $20, it is CONSIDERED CHEAP.

Buy now before the mega rise... It will be $10+ before you know it. Also a GREAT opportunity to margin 20x long LTC on OkCoin!

BUY BUY BUY. THANK ME LATER.

CHIKUN ARISE!

LITECOIN TO THE MOON!

In a matter of days? He has already 2 pump threads up right now lol.

The Atmospheres-The Fickle Chicken 1959
   Cheesy
https://www.youtube.com/watch?v=EYFLSux9p5M

 Cool
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