mops34422 (OP)
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Activity: 12
Merit: 0
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October 19, 2013, 03:52:11 PM |
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litecoin dead ?
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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jdebunt
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Activity: 1596
Merit: 1010
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October 19, 2013, 03:58:41 PM |
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not dead but it won't go back to it's .022x value any time soon
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bbxx
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October 19, 2013, 04:08:59 PM |
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yes it is dead.
i am glad i have sold
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adamas
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Activity: 1014
Merit: 1003
VIS ET LIBERTAS
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October 19, 2013, 04:11:41 PM
Last edit: October 20, 2013, 01:35:40 PM by adamas |
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LTC is alive and steady! Now is the best opportunity to avoid posting dumb comments. /edit
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"Es ist kein Zeichen geistiger Gesundheit, gut angepasst an eine kranke Gesellschaft zu sein."
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vm1990
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Activity: 1540
Merit: 1002
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October 19, 2013, 04:18:39 PM |
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litecoin will bounce back just waiting for bitcoin to get a kick in the teeth before it does.. bitcoin boom comes first
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TheFuneral
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October 19, 2013, 04:28:32 PM |
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litecoin will bounce back just waiting for bitcoin to get a kick in the teeth before it does.. bitcoin boom comes first
Not dead, but right now everyone is shifting to this btc ride up. Once that settles down then the more comes back into alts. This isn't anything new. Enjoy the ride. |
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Buffer Overflow
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Activity: 1652
Merit: 1015
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October 19, 2013, 04:56:09 PM |
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No not dead. By their very nature crypto-currencies are notoriously difficult to kill. Every record of the blockchain worldwide would need to be destroyed.
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Pokerfan
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October 19, 2013, 05:01:27 PM |
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Litecoin does not offer anything that bitcoin doesn't offer.
It is still very expensive. It should go to $0.50.
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mufa23
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Activity: 1022
Merit: 1001
I'd fight Gandhi.
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October 19, 2013, 05:08:14 PM |
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Litecoin does not offer anything that bitcoin doesn't offer.
Much faster transactions. It's also much easier to update the blockchain if you have a slow bandwidth like me (1Mbps). It runs "lite" and it's convenient for people like me. It doesn't offer too much, but it will always be the Silver to the Gold. Litecoin isn't going anywhere. For miners like myself, this just means that less people will be mining and the difficulty will go down. I'll still be making a certain amount of USD per month if I sell. But now I can make coins a bit faster, and save them a little more often for the day they eventually go back up. The dip in price is only hurting certain investors. For those of us that mine, or want to buy cheap, it works out great for us. |
Positive rep with: pekv2, AzN1337c0d3r, Vince Torres, underworld07, Chimsley, omegaaf, Bogart, Gleason, SuperTramp, John K. and guitarplinker
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Yurizhai
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October 19, 2013, 05:31:55 PM |
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Hopefully. There are several other coins out there that deserve the title 'King of Alt Coins' than LTC. What makes me sick is that FTC is even still alive, that has to go first.
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cryptohunter
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Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
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October 19, 2013, 05:44:19 PM |
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Litecoin does not offer anything that bitcoin doesn't offer.
It is still very expensive. It should go to $0.50.
Lambo offers nothing over ferarri but it is not an 80th of the price. I would argue there is nothing to justify the bitcoin price over ltc except speculation and adoption. It could be argued there are 4x more ltc and it wasn't original although in functionality in is as good if not better. The price disparity right now is way too much, i feel it will be back to a more reasonable ratio within a month. I guess nobody really knows how it will work out at this point. There are newer coins with better designs than ltc so why are they cheaper still? It will take a while it guess to see which coins will succeed. |
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Buffer Overflow
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Activity: 1652
Merit: 1015
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October 19, 2013, 05:45:55 PM |
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What makes me sick is that FTC is even still alive, that has to go first.
Indeed - when it appeared I actually thought it was a genuine joke. I only just recently discovered that Feathercoin shares it's genesis block with Litecoin. So technically Feathercoin is still Litecoin, just rewound to block 1 and fiddled with. |
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Flashman
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October 19, 2013, 06:12:05 PM |
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Maybe it's just pining for the fjjords. Yes it's dead, really very very very completely dead, charitably buying LTC at 0.000001 YOLO  |
TL;DR See Spot run. Run Spot run. .... .... Freelance interweb comedian, for teh lulz >>> 1MqAAR4XkJWfDt367hVTv5SstPZ54Fwse6
Bitcoin Custodian: Keeping BTC away from weak heads since Feb '13, adopter of homeless bitcoins. |
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btcash
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October 19, 2013, 07:28:56 PM |
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I wouldn't call a currency with a market cap of 40$ million dead. Bitcoin had bigger price drops before and it is still alive.
The slowly bursting (MtGox) bubble is not the death of Litecoin.
Development is still going on (0.9 branch, SPV client), there is a constant growth of sites that accept Litecoin, The Litecoin Foundation seems to get serious and Trezor Wallet will support Litecoin.
Doesn't sound like a dying project to me.
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heatgsm
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October 19, 2013, 08:03:43 PM |
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Not even close to death amigos...but time will tell; just get ready to ride the wave  |
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Come-from-Beyond
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Newbie
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October 19, 2013, 08:56:28 PM |
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Now is the best opportunity to get it cheap.
No. The best opportunity to get it cheap will be in a month when it drops below 1$... unless u can wait for 2 more months and buy it 10 times cheaper. |
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johnmatrix
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October 19, 2013, 09:14:54 PM |
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Mtgox should have added litecoin already, now almost nobody trust their promises.
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digicoin
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Activity: 1106
Merit: 1000
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October 20, 2013, 12:39:15 PM |
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I don't believe that MtGox will ever support LTC. It would be a false hope.
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fattypig
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October 20, 2013, 01:55:52 PM |
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What if MtGox really add litecoin in 1-2 months time. You will have 100-200% return...
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Snail2
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Activity: 1512
Merit: 1000
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October 20, 2013, 02:31:23 PM |
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Everybody dumped/dumping for BTC, but it quite far from being dead. BTW the "silver to bitcoin gold" is NVC instead of LTC...  |
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