Good bye LTC?

[Ethicoin]

At http://dustcoin.com/mining LTC is second most profitable to mine.

And if you do not have a BTC rig it is therefore most profitable.

It is not dying.

 

I call FUD!

LTC is stronger than ever

[mr_random]

BTC or USD, the fact is LTC was very low prior to Gox rumours. How much it costed 1 year ago is absolutely irrelevant here.

It was over a dollar a few hours before the gox news broke. And it was 80 cents a couple of days before that. And prior to that it was 40 to 70 cents for a few weeks. Nothing like 3 dollars where it is now but it was still showing solid growth, and at the time those numbers were massive for an alt currency.

What really kicked it off is when Bitcoin broke $32 and started it's bull run up to $260. People started kicking themselves for missing the boat and looked for 'the next bitcoin', at the same time lots of new blood came into the game, brought in by the media attention.

[Ethicoin]

BTC or USD, the fact is LTC was very low prior to Gox rumours. How much it costed 1 year ago is absolutely irrelevant here.

It was over a dollar a few hours before the gox news broke. And it was 80 cents a couple of days before that. And prior to that it was 40 to 70 cents for a few weeks. Nothing like 3 dollars where it is now but it was still showing solid growth, and at the time those numbers were massive for an alt currency.

What really kicked it off is when Bitcoin broke $32 and started it's bull run up to $260. People started kicking themselves for missing the boat and looked for 'the next bitcoin', at the same time lots of new blood came into the game, brought in by the media attention.

Where are you guys getting these facts? LTC was WELL above $2 when the Gox news broke. It may have been much higher but that is my limited knowledge (I had Real Life things to attend to)

EDIT: According to my limited knowledge LTC was about to crack $5 when the Gox news broke - I just did a quick google to check my facts.

[reb0rn21]

LTC is dying. There are other coins that are better now.

Check out worldcoin.

WDC? ROFL

[computerparts]

LTC is dying. There are other coins that are better now.

Check out worldcoin.

WDC? ROFL

WDC is certainly gaining ground for being in its early stage.

[Boxman90]

WDC is certainly gaining ground for being in its early stage.

That's what was said about Feathercoin as well. Don't get me wrong, I made over 10K from feathercoin, but just look at where it's at now..

[Ethicoin]

Soon there will be an ethical coin you can mine for "free" ontop (merge mine) with LTC.

Ethicoin: https://bitcointalk.org/index.php?topic=221375.0

Have fun 

[mgio]

As said before Litecoin is dying because it offers 0 advantage over bitcoin. Except it is accepted at fewer places and even more risky. Don't waste your money. All of these altcoins will be dead within a year.

Only an altcoin that offers something significantly different and better than bitcoin has a chance of surviving.

MtGox will NEVER offer Litecoin exchange services. I know they already announced it, but mark my words, it is never going to happen.

[Ethicoin]

As said before Litecoin is dying because it offers 0 advantage over bitcoin. Except it is accepted at fewer places and even more risky. Don't waste your money. All of these altcoins will be dead within a year.

Only an altcoin that offers something significantly different and better than bitcoin has a chance of surviving.

MtGox will NEVER offer Litecoin exchange services. I know they already announced it, but mark my words, it is never going to happen.

BTC is awesome. So is LTC - you cannot deny that the faster transactions and Scrypt proof of work scheme brought something to the table.

Your post is rubbish.

EDIT: is 4 x transaction speeds a significant improvement in your eyes? Clearly not. Lol

[wheatrich]

litecoin is down because it's one of 10000000 scrypt coins in the market instead of one of 10.  Pretty standard drop.  The mass flood tends to lower everyone else.  At some point it'll stabilize but that won't be till people stop making new coins, presumably when they no longer profit from doing so and the complete lol coins totally die off.

[flound1129]

litecoin is down because it's one of 10000000 scrypt coins in the market instead of one of 10.  Pretty standard drop.  The mass flood tends to lower everyone else.  At some point it'll stabilize but that won't be till people stop making new coins, presumably when they no longer profit from doing so and the complete lol coins totally die off.

This.  People are realizing that LTC has nothing over the other scrypt coins (some of which have more active developers) other than a small head start and a handful of sites accepting it.

It's still the best alt coin, but it's losing ground.

[limbaugh]

MtGox will NEVER offer Litecoin exchange services. I know they already announced it, but mark my words, it is never going to happen.

I think this is the case as well. They will pick one of the newer offerings or none at all.

[relm9]

As said before Litecoin is dying because it offers 0 advantage over bitcoin. Except it is accepted at fewer places and even more risky. Don't waste your money. All of these altcoins will be dead within a year.

Only an altcoin that offers something significantly different and better than bitcoin has a chance of surviving.

MtGox will NEVER offer Litecoin exchange services. I know they already announced it, but mark my words, it is never going to happen.

I'd argue MtGox has even more reason to add Litecoin now because traders are leaving them after recent blunders. They need something to bring people back, otherwise their numbers will keep declining.

[payb.tc]

I made over 10K from feathercoin

10K what?

[psybits]

MtGox will NEVER offer Litecoin exchange services. I know they already announced it, but mark my words, it is never going to happen.

I think this is the case as well. They will pick one of the newer offerings or none at all.

Yes the official Mt Gox announcement must be FUD 

Personally I think LTC is going to pick up when no one expects it.

(Gox aren't going to give much notice)

Hold on!

[limbaugh]

Yes the official Mt Gox announcement must be FUD 

Of course not, if you read it on the net it has to be true.

[psybits]

Yes the official Mt Gox announcement must be FUD  

Of course not, if you read it on the net it has to be true.

Well it was in an official Mt Gox Press Release. Hardly the BTC-e trollbox or Bitcointalk (which is becoming just as bad)

[destruct]

I'll make this fun and easy for the OP..


LTC is so dead. The new Buttcoin is the future mine all of it.. tell your friends, your sister, your cousins.. take out a mortgage and buy every buttcoin you can because LTC is fluctuating like a normal market it has to be dead 

Also, GOX has just as much volume as btc-e so don't expect that unicorn to change LTC to $100 each.

[psybits]

I'll make this fun and easy for the OP..


LTC is so dead. The new Buttcoin is the future mine all of it.. tell your friends, your sister, your cousins.. take out a mortgage and buy every buttcoin you can because LTC is fluctuating like a normal market it has to be dead  

Also, GOX has just as much volume as btc-e so don't expect that unicorn to change LTC to $100 each.

Ha ha ha ha.

I expect 100-500% increase when LTC hits Gox.

That is conservative when it comes to crypto  

[wetroof]

GPU miners leave BTC and go to LTC. the LTC community gets larger. more services created for it. the price goes up.