litecoin dead ?

[Robert Lewandowski]

As I write this, LTC Cap has doubled to $107,000,000 = not dead.

There is not a single good reason to put 2 times more money into LTC miners' pockets. Did LTC difficulty followed the trend, e.g. did miners
went out and bought enough hardware to double their LTC hashrates? No! So it is all, as said few times earlier, about speculation which as
an side-effect makes current LTC miners richer. They make 2 times more money than before and that's it. In a same way (speculation) LTC
market cap could be increased to $10+ billions but without real use of LTC the only ones profiting are smart speculators and miners. Pretty
much like mining UNO while difficulty is 10k or less and dumping it on exchange, or buying it for cheap and then putting sale orders at 200%
of buying price. One can make nice profits there ... and?

LTC is nowhere near dead but it is becoming less and less useful every week. That is what matters. At some point, if LTC usefulness drops
even lower, other altcoins will come to light as a way better alternatives to BTC. PrimeCoin = 1 minute block time, neither SHA nor Scrypt,
mining it actualy produces useful side-effects, actively developed by known dev. All in all, when compared with XPM, LTC is an old tech. All
aces LTC community were pulling all this years (different algo, faster, more coins total) are no longer important. There are much better deals.

Difficulty has nothing to do with the price of a coin, not for Bitcoin and not for Litecoin. Difficulty however will catch on with the price because a lot of the Litecoin miners where actually mining with a loss so a lot of them quit, the second group will come back and in the meantime the first one deserve the extra value.

Less and less useful? Compared to which alt coin exactly? Bitcoin and Litecoin are actually the only coins I ever used to pay things with. Never had the option to pay with any other coin. You expect to see Primecoin next month on all major exchanges, payment processors build for it and merchants accepting it? Litecoin is on it's way for all that but you think that magically out of the blue people will think "nah, old tech lets switch to another coin". I guess I better also sell all my Bitcoins before the others realize it is old tech.

Bitcoin is a highly centralized, ultra-volatile commodity with a very low velocity...
Monopolized by early adopters, rich miners, and hoarders.

If you just look at volatilty...
It would be like running the US economy on sugar or gas futures.

SO  IT'S  NEVER  GONNA  HAPPEN.

That means Bitcoin has no real advantage over any of the Alts...
And the Gen 2.0 Crypto that will change the world probably has not been launched yet.

Keep your eye on those launches. Look for innovation.

What would those innovations include?

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[DeathAndTaxes]

What would those innovations include?

QuantPlus will be an early adopters and thus it will be good, as opposed to existing coins where he isn't and they are bad.  
Wealth envy is always a sad thing to watch, cryptocurrency doesn't make that any different.

[Impaler]

The main LTC advantage I see is that theirs not ASIC induced difficulty spiral and that's creating a more stable valuation similar to what we saw in the 2012 time frame for BTC in which Hash rates were growing at a stable Moore's law pace.  Stability has been held up as a holy-grail for long-term adoption so logically LTC has an advantage now.  Oddly though people seem to forget all about stability when their becoming 'rich' from a bubble.

[Fernandez]

The main LTC advantage I see is that theirs not ASIC induced difficulty spiral and that's creating a more stable valuation similar to what we saw in the 2012 time frame for BTC in which Hash rates were growing at a stable Moore's law pace.  Stability has been held up as a holy-grail for long-term adoption so logically LTC has an advantage now.  Oddly though people seem to forget all about stability when their becoming 'rich' from a bubble.

The exact same advantage is provided by FTC, DGC, WDC and a lot of others including XPM, PPC, NVC. Litecoin now is nothing special. The best thing to do now is not keep everything in LTC but to spread out.

[rampalija]

As I write this, LTC Cap has doubled to $107,000,000 = not dead.

There is not a single good reason to put 2 times more money into LTC miners' pockets. Did LTC difficulty followed the trend, e.g. did miners
went out and bought enough hardware to double their LTC hashrates? No! So it is all, as said few times earlier, about speculation which as
an side-effect makes current LTC miners richer. They make 2 times more money than before and that's it. In a same way (speculation) LTC
market cap could be increased to $10+ billions but without real use of LTC the only ones profiting are smart speculators and miners. Pretty
much like mining UNO while difficulty is 10k or less and dumping it on exchange, or buying it for cheap and then putting sale orders at 200%
of buying price. One can make nice profits there ... and?

LTC is nowhere near dead but it is becoming less and less useful every week. That is what matters. At some point, if LTC usefulness drops
even lower, other altcoins will come to light as a way better alternatives to BTC. PrimeCoin = 1 minute block time, neither SHA nor Scrypt,
mining it actualy produces useful side-effects, actively developed by known dev. All in all, when compared with XPM, LTC is an old tech. All
aces LTC community were pulling all this years (different algo, faster, more coins total) are no longer important. There are much better deals.

Difficulty has nothing to do with the price of a coin, not for Bitcoin and not for Litecoin. Difficulty however will catch on with the price because a lot of the Litecoin miners where actually mining with a loss so a lot of them quit, the second group will come back and in the meantime the first one deserve the extra value.

Less and less useful? Compared to which alt coin exactly? Bitcoin and Litecoin are actually the only coins I ever used to pay things with. Never had the option to pay with any other coin. You expect to see Primecoin next month on all major exchanges, payment processors build for it and merchants accepting it? Litecoin is on it's way for all that but you think that magically out of the blue people will think "nah, old tech lets switch to another coin". I guess I better also sell all my Bitcoins before the others realize it is old tech.

Bitcoin is a highly centralized, ultra-volatile commodity with a very low velocity...
Monopolized by early adopters, rich miners, and hoarders.

If you just look at volatilty...
It would be like running the US economy on sugar or gas futures.

SO  IT'S  NEVER  GONNA  HAPPEN.

That means Bitcoin has no real advantage over any of the Alts...
And the Gen 2.0 Crypto that will change the world probably has not been launched yet.

Keep your eye on those launches. Look for innovation.

I agree. How much BTC do you thing USA goverment owns?!

All from Dread, they took it from him. And they will dump it just to crush BTC

[Lauda]

The main LTC advantage I see is that theirs not ASIC induced difficulty spiral and that's creating a more stable valuation similar to what we saw in the 2012 time frame for BTC in which Hash rates were growing at a stable Moore's law pace.  Stability has been held up as a holy-grail for long-term adoption so logically LTC has an advantage now.  Oddly though people seem to forget all about stability when their becoming 'rich' from a bubble.

The exact same advantage is provided by FTC, DGC, WDC and a lot of others including XPM, PPC, NVC. Litecoin now is nothing special. The best thing to do now is not keep everything in LTC but to spread out.

pretty much any scrypt coin and others as well.

[lumierre]

LTC joined in the BTC mania but there is one problem. LTC mining difficulty isn't rising as fast as BTC so I think there is a bubble in LTC. Even so, LTC isn't going to die as long as it has GPU mining.

[Corenin]

Litecoin is alive and going to the moon.....

[laowai80]

Litecoin is alive and going to the moon.....

Yep, and all trolls here can bite their elbows afterwards

[Lauda]

Litecoin is alive and going to the moon.....

Wrong in every possible way.

[Skinnkavaj]

Bitcoin is dead 2011, anyone?    

Try www.Litecoinlocal.org

[Lauda]

Bitcoin is dead 2011, anyone?    

Try www.Litecoinlocal.org

Very bad website.
Litecoinlocal the name doesn't sound right.

[Mjbmonetarymetals]

The main LTC advantage I see is that theirs not ASIC induced difficulty spiral and that's creating a more stable valuation similar to what we saw in the 2012 time frame for BTC in which Hash rates were growing at a stable Moore's law pace.  Stability has been held up as a holy-grail for long-term adoption so logically LTC has an advantage now.  Oddly though people seem to forget all about stability when their becoming 'rich' from a bubble.

The exact same advantage is provided by FTC, DGC, WDC and a lot of others including XPM, PPC, NVC. Litecoin now is nothing special. The best thing to do now is not keep everything in LTC but to spread out.

The last time the litecoin price spiked a few months ago, we saws huge influx of alt coins, Was this a organised effort to simply dilute altcoins into oblivion......maybe, maybe not........ Many litecoin clones don't make litecoin any less special just like many altcoins don't make Bitcoin any less special.

[Coinseeker]

I agree. How much BTC do you thing USA goverment owns?!

All from Dread, they took it from him. And they will dump it just to crush BTC

Except it simply won't work.  A few problems with your hypothesis:

1.  The FED's can't sell these coins until after trial, which could be a year or more.
2.  This assumes they would sell them on an exchange, as apposed to a public auction.
3.  People would welcome the dump and buy up cheap coins with joy.  Millionaires would be made off this single rebound.

[Lauda]

I agree. How much BTC do you thing USA goverment owns?!

All from Dread, they took it from him. And they will dump it just to crush BTC

Except it simply won't work.  A few problems with your hypothesis:

1.  The FED's can't sell these coins until after trail, which could be a year or more.
2.  This assumes they would sell them on an exchange, as apposed to a public auction.
3.  People would welcome the dump and buy up cheap coins with joy.  Millionaires would be made off this single rebound.

Get a credit to buy up that dump > sell once price recovers > profit??? 

[superresistant]

I don't see how Litecoin will not jump in price once it's on BTCChina or I am missing something ?

[Lauda]

I don't see how Litecoin will not jump in price once it's on BTCChina or I am missing something ?

You're right it should increase in value.

[udet4food]

I don't see how Litecoin will not jump in price once it's on BTCChina or I am missing something ?

And are there any official news Litecoin is going to be added on BTCChina ?

[Lauda]

And are there any official news Litecoin is going to be added on BTCChina ?

No I don't think so.

[adamas]

Definitely not dead 
http://www.birminghamescorts.co.uk/litecoinescorts.html