Good bye LTC?

[markm]

Also isn't their code just as old as litecoin's?

Its not as if they took latest bitcoin code and put scrypt in, is it?

So if litecoin is old code they are just copies of old code they didn't even bother to copy the new code...

-MarkM-

[1714805599]

1714805599

[1714805599]

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[1714805599]

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[CoinHoarder]

Also isn't their code just as old as litecoin's?

Its not as if they took latest bitcoin code and put scrypt in, is it?

So if litecoin is old code they are just copies of old code they didn't even bother to copy the new code...

-MarkM-

Yes, most of the newer coins are direct copys of Litecoin in its current state which uses Bitcoin v0.6.3

Litecoin is upgrading the code base to Bitcoin's current release of v0.8.2

I doubt the same can be said for most of the copy and paste coins.

[BitcoinBoard]

Litecoin's price will go up in the coming months, mark my words. If you've been to the Bitcoin Congress you would have seen the massive interest in Litecoins, and there were some badass announcements from the developers aswel as storeholders and the community.

Only fools sell now!

[zvs]

litecoin's price will be tied to bitcoin's price, just as it always has been.  price of bitcoins goes down, litecoin value goes down

the bots will make sure of it

[mr_random]

The technical specs of a coin aren't that important. It's community support, people driving to get new businesses accepting it, people building services around it, media coverage etc. That is why Bitcoin is number 1 and Litecoin is number 2, even though technically Litecoin is an improvement. And that is the same reason why Litecoin is number 2 and not any of the clone coins. The next coin that will be successful needs to focus on building a core community of vocal supporters as well as having a unique, marketable strength. The coin market is saturated now though so it's difficult to stand out. The problem is a coin which is too innovative has to gain the trust of users (because this is money after all) and PPCoin has shown how difficult that is, and I predict similar issues with Netcoin - it takes years for trust to be gained in a new protocol, as it did with Bitcoin. Yet a coin that is too similar doesn't stand out... and all the obvious parameter tweaks and permutations have been done, it seems.

Litecoin's growth will hit the next gear when a payment processor is released (this will be feasible after it goes on mtgox, btce isn't suitable for many companies imo) and a flood of businesses that accept Bitcoin start accepting Litecoin. The problem with Litecoin at present is that too many miners are hoping to make a quick buck and double up money when it goes on mtgox, without looking at the bigger picture and this has snowballed so now all people talk about with Litecoin is going on Mtgox. The quicker Litecoin goes on mtgox so the community can focus on other things, the better.

[phrozenspite]

Btc is also about to get around a 25% difficulty spike, which should help alt coin outlooks as far as mining profitability again

[MinerLT]

wtf Litecoin price still bad 

[Lohoris]

wtf Litecoin price still bad 

and bad means high or low?

[master-P]

I think the price is still a little high. Expect it to drop below $2.00 soon. It's good for those who wanna buy, but bad for those who bought at $4+