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Author Topic: The return of litecoin  (Read 2800 times)
kelsey
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December 05, 2016, 09:09:57 PM
 #41

if litecoin is so dead, outdated, useless etc why do so many state this ad nauseam in every litecoin thread   Roll Eyes

why wouldn't the 'litecoin is dead' crowd just ignore it and not waste their energy if it was so dead  Huh

ok we all the know the answer to this  Wink

so you can all go back to promoting your xyz shitcoin for the week, and leave those who believe in alternatives to fiat to talk about one of the very rare coins with an actual chance   Kiss
dwgscale11
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December 05, 2016, 09:14:20 PM
 #42

Coming from the same people who said "Ethereum is the bitcoin old blockchain killer".. People always say "first generation blockchain is finished"

WE ARE STILL IN THE INFANCY OF BLOCKCHAIN TECH.  ltc never claimed to be a coin full of flashy utility.  It's not going anywhere, just like bitcoin isnt going anywhere
Harry Callahan
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December 05, 2016, 09:44:55 PM
 #43

It won't happen, litecoin is an outdated altcoin. We have so many options of new altcoins with features more interesting and more will appear next year and even more as the technology never stops and always brings new chances to us make good businesses.
But dont forget that the transaction speeds are better than bitcoin when compared and the developers can always bring some interesting changes to make the coin relevant.I do see it as a stable coin and the price will increase in the future.
shyliar
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December 05, 2016, 09:55:36 PM
 #44

Great coin with good potential. Updated reasons I like Litecoin:

  • Capable of four times as many transactions as Bitcoin in a ten minute period. Frankly if payment processors had adopted Litecoin in the past year current Bitcoin block discussions would be irrelevant (and likely the price of both coins higher). Anyone who has watched these discussions understands the immediate advantage of a network with larger transactional capability.  
  • Faster confirmation times. The only people who don't think this is important have never spent a single coin or they have patience that the average person does not possess.
  • The faster block time of litecoin reduces the risk of double spending attacks.
  • Anti-spam.
  • Fast well established network. Current Hashrate is 2,100 GH/s. Since scrypt is memory intensive it is known to be approximately 1000 times slower hardware wise in comparison to SHA256. Fair comparison to the Bitcoin network requires multiplying that hashrate by 1000 (2,100TH/s). The fact is for most of Litecoins history the hashrate has been relatively high and secure. Those comparing it to the Bitcoin network without considering this 1k factor are either being disingenuous or just ignorant of the facts.
  • Continuous development look here at number of releases in past year: https://github.com/litecoin-project/litecoin/releases
  • Upcoming new features and active development look here for whats happening in 2016:
    https://litecoinassociation.org/data/roadmap.pdf
  • Longevity. Many coins have temporarily eclipsed litecoin as they were marketed for the purpose of increasing the fiat accounts of a small group and emptying the accounts of new users. Unfortunately this has been detrimental to crypto-space in general.
  • Great community. Definitly helps when consensus is needed.
  • Fully supported by GoCoin a growing merchant payment processor used by thousands of merchants https://www.gocoin.com/ as well as other processors such as coinpayments, Asmoney, Alfacoins and Coinify
  • Liquidity. You can sell thousands and not crash the market. Maintains value. Look at the chart here indicating volume in the last 24 hours relative to other coins http://coinmarketcap.com/currencies/litecoin/#markets in fact volume has remained high month after month for years.
  • The speed, liquidity and value of Litecoin is useful to traders seeking arbitrage opportunities between exchanges.
  • Now on GDAX soon to be on coinbase.
  • Upcoming release to include a on-chain adaptive block size scaling solution. This will substantially increase the transactional capacity of Litecoin.
  • Planned anonymity features for an upcoming release. https://www.reddit.com/r/litecoin/comments/53c0v6/confidential_transaction_for_litecoin/
  • Fair release. In a crypto world of premined and ICO releases many appreciate this fact. The code was released well before the Genesis block was mined and everyone knew when it would be going live; therefore, individuals could anticipate and get their miners and software ready.
  • It's primary function is to be a cryptocurrency.
  • Still mineable in many western countries even after electrical costs are factored in. Here in Canada my Titans still make a profit long after shutting my Neptunes down.
  • Many low value coins can be merge mined with it increasing profits for miners
  • It will always maintain the integrity of the blockchain (no hard forks for special interests).
  • Likely the first coin to activate segwit on it's network.
  • Possible upcoming block size increase.
  • Security.
thepo1m
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December 06, 2016, 05:00:42 AM
 #45

Like Doge like Litecoin, I think their glorious days are behind them both, they have had their time in the sun shine before and failed to develop the platform, before Litecoin has strong positive correlation with Bitcoin but recently it is not so because of lack of interest in the token.
K210 (OP)
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April 03, 2017, 10:47:44 AM
 #46

Just like i said in 2016, 2017 IS the year of litecoin. Burn LTC haters burn. Cool
K210 (OP)
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April 03, 2017, 10:48:45 AM
 #47

Price in december 2016 when i made this post was around $3.60 now it is almost triple!
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April 03, 2017, 12:01:25 PM
 #48

Development has picked up,
development never stopped and that is one of the main things i like about Litecoin.

Buy litecoin and hold before 2017 starts. Good things come to those who wait!
good call though. although it was way too early (3-4 months) to call on the rise but you were right sir.

$20 LTC by December 2017 - 500% profit if you get in now
seems like this one is happening a lot sooner Smiley
i am honestly speculating for $50 at the very least, specially since all the other altcoins are dropping hard and all the money is flying into litecoin now.

Eth shills nowhere to be seen since their overvalued shitcoin is dying  Cool
haha, this is so funny how this comment still applies. ETH is dying and now litecoin is going up. as i said all the money is getting out of there and coming in litecoin.

p.s. i wonder why this clown is not around anymore, i think he was finally banned for changing his mind every week Smiley

Holding Bitcoin More Every Day
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April 03, 2017, 12:10:17 PM
 #49

I have some questions to consider:
Which other altcoin have smaller confirmation time?
and a higher block size?
more programming ability (to not be only a currency ledger)?
Higher ability to protect its users (anonymous "mode on")

What am I trying to say here? Each altcoin has one strong feature that the others don't. I believe that is enough space for, at least, one coin for each feature that is important for its users.

▂▃▅▆█ https://boscoin.io █▆▅▃▂
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April 03, 2017, 11:37:34 PM
 #50

I like litecoin, as a store of value like bitcoin.
I dont care about any alt coins because  I dont know much abou that very technical innovative (they say) coin out there. Roll Eyes
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April 04, 2017, 08:20:33 AM
 #51

Price in december 2016 when i made this post was around $3.60 now it is almost triple!
Which is awesome but since your post in december 2016 to this day there have been many many coins who tripled in price. I think litecoins big breakthrough is not the price surge but the marketcap.

If a coin goes from 1 cent each to 10 cents each it is not a huge deal, if you can find those coins that won’t bankrupt and die and invest in them great but what we know is that everyone knows about litecoin and it worth 3.60 and now tripled which is awesome.

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divowok
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July 18, 2018, 03:07:53 PM
 #52

I think ETH has much better potential than LTC personally, I think the demand for ETH hasnt been as high because ICO risk-taking hasnt been quite as present for a little while.
Not sure why though as there are many fantastic ones out there, a few i'm personally looking into are Daostack IO, Muirfield IP, and TIP Blockchain.

TIP Blockchain aims to create the most user-friendly and easy to use platform in the cryptocurrency economy, that connects businesses to end users, and removes the technical barriers that users face today when using cryptocurrency.

Daostack IO powers decentralized companies, funds and markets to make fast and innovative decisions at scale. Basically an operating system for collective intelligence.

Muirfield IP is an opportunistic private equity real estate investment firm leading the effort to reinvent and improve private equity investing through the use of blockchain technology.
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