I'm sad to say it but the Litecoin pipedream is over.

[ElectricMucus]

Atlantis gone for good means it's just another Bitcoin clone now, it had real potential for a while but what remains isn't worth the fuss.
The infamous mtgox adoption (which I still think was a april fools joke) becomes less and less relevant as gox is limping towards it's gave. There is a slim chance that they might get back into the land of the living again and continue with their plans. But that's doesn't justify a price of over $2 USD, or even above a Dollar.

[Buffer Overflow]

I quite agree, already dumped my holding. In exchange for Bitcoins obviously.

Also, I don't mine scrypt coins anymore. Too expensive with GPUs.

[Whuzz]

OP wants to talk LTC price down so he can buy more, cheap.

[miffman]

Litecoin is going down, investors will see potential and buy it up

[smoothie]

I find if funny that the presumption is that Litecoin needs Atlantis.

Trust me Litecoin is much bigger than Atlantis as is Bitcoin > Silk Road.

[Buffer Overflow]

Litecoin will still be around for a long time. Can be sure of that.
It just those GPUs are so damn expensive to run. Especially here in UK.

[marcovaldo]

LTC never take off like btc

[Pumpkin]

Litecoin is a currency in its infancy, but at the moment it's valued above 200M USD. That price doesn't seem sustainable unless something big happens soon.

[dragonkid]

Litecoin will still be around for a long time. Can be sure of that.
It just those GPUs are so damn expensive to run. Especially here in UK.

I agreed with you, it is so expensive to mine using GPUs in the UK. I am waiting for another 4 LTC to finish mining (That is the minimum withdraw from the pool I am using) then I am turning my GPU miner off for good.

[tytanick]

when we wait month or two, there will be so many asics digging up bitcoin that difficulty will be in 2 months 16x bigger than now and many of gpu owners will go to litecoin
see what happens

[alex0909]

Litecoin is a currency in its infancy, but at the moment it's valued above 200M USD. That price doesn't seem sustainable unless something big happens soon.

source? And show me your calculations, because 21.5 million coins x 2.50 = 53M

[Oldminer]

Litecoin will still be around for a long time. Can be sure of that.
It just those GPUs are so damn expensive to run. Especially here in UK.

I agreed with you, it is so expensive to mine using GPUs in the UK. I am waiting for another 4 LTC to finish mining (That is the minimum withdraw from the pool I am using) then I am turning my GPU miner off for good.

Mandatory 'and so it begins'...

[Buffer Overflow]

when we wait month or two, there will be so many asics digging up bitcoin that difficulty will be in 2 months 16x bigger than now and many of gpu owners will go to litecoin
see what happens

The GPU owners migrated from Bitcoin months ago!

[NWO]

The next week will be the big test for LTC with the imminent gox arrival and the 'apparent' fontas pump.

Why sell now when you will definitely profit from it. Although it is to be seen how much profit it will bring.

[Pumpkin]

Litecoin is a currency in its infancy, but at the moment it's valued above 200M USD. That price doesn't seem sustainable unless something big happens soon.

source? And show me your calculations, because 21.5 million coins x 2.50 = 53M

84M LTC * 2.4 USD/LTC = 201.6M USD

[usahero]

LTC never take off like btc

2013-03-01  the price of litecoin was between 7 and 8 cents. 0.07 and 0.08$. That is around 32 times (taking 2.4$ and 0.075$ prices) lower than at this moment.

[ElectricMucus]

OP wants to talk LTC price down so he can buy more, cheap.

I wouldn't want to buy Litecoins if there is no way to sell them. You just have to acknowledge a change of circumstances affects prices.

[Magic8Ball]

I quite agree, already dumped my holding. In exchange for Bitcoins obviously.

Also, I don't mine scrypt coins anymore. Too expensive with GPUs.

Mining BTC with ASICS does not give you ROI ever. If you already have GPUs, mining Scrypt is still more profitable.

[TheSpiral]

I quite agree, already dumped my holding. In exchange for Bitcoins obviously.

Also, I don't mine scrypt coins anymore. Too expensive with GPUs.

Mining BTC with ASICS does not give you ROI ever. If you already have GPUs, mining Scrypt is still more profitable.

Not necessarily true. Depends on the efficiency of the ASIC (i.e. Hash per $). A good calculator taking future difficulty into account: http://www.coinish.com/calc/ (make sure you click expert). There are a lot of inefficient ASICs though, yes, that is true. Also true that you can sell GPU's when done mining for a better profit margin over ASICs.

[Buffer Overflow]

I quite agree, already dumped my holding. In exchange for Bitcoins obviously.

Also, I don't mine scrypt coins anymore. Too expensive with GPUs.

Mining BTC with ASICS does not give you ROI ever. If you already have GPUs, mining Scrypt is still more profitable.

You must be lucky and have cheap electricity then. Or stealing it.