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vindimy
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October 14, 2013, 03:19:33 AM |
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2 YEARS!!
Stronger than ever! Without anything actually accepting it, no LTC-GLOBAL, no Atlantis? It's now just another altcoin. Which is kind of a bad timing, now that it is in active development again (making it one of the few coins with actual developers). I was at a recent SoCal Bitcoin meetup, where Bitpay, Gyft, and CoinMKT CEOs were present, and I've heard at least a couple of them agree that alt-coin support is needed and that they're looking into it. |
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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goxed
Legendary
 Offline
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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October 14, 2013, 06:17:14 AM |
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I remember mining 5 blocks a day on my Phenom II CPU at 20KH/s  I remember when Coblee tried to get his baby Litecoin some support and he tried collaborating with Pirateat40 (Trendon Shavers)  and I warned him that it smelled scammy How things have changed for the better |
Revewing Bitcoin / Crypto mining Hardware.
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Tomatocage
Legendary
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Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
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October 15, 2013, 06:34:22 PM |
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Without anything actually accepting it, no LTC-GLOBAL, no Atlantis?
It's now just another altcoin.
Which is kind of a bad timing, now that it is in active development again (making it one of the few coins with actual developers).
I guess The Pirate Bay is too small-time to be considered "anything". |
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just_me
Sr. Member
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Activity: 420
Merit: 250
Jesus Christ Saves Sinners
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October 15, 2013, 06:45:11 PM |
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Happy birthday to Litecoin. (one day late ?)
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Today is the day that the Lord has made, lets be glad and rejoice in it
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Otoh
Donator
Legendary
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Activity: 3024
Merit: 1105
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October 15, 2013, 07:45:26 PM |
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Plenty of positive news in the AMA, lots of developments in the pipeline, plus Charlie saying that he "had plans to persuade Coinbase to adopt Litecoin. Stay tuned... Definitely a possibility. I will do my best to make it happen. No promises and no time frame." In one year where do you see the price of litecoin (estimate based on your best available knowledges
"Wild guess here... $12 on Litecoin's 3rd birthday. Based on Litecoin being about 2 years behind Bitcoin. Bitcoin price was $12 on 10/13/2012. " "The price of LTC is pretty much all based on speculation right now. This is similar to Bitcoin about 2 years ago. So I wouldn't worry too much about price. We are working towards keeping the network stable. As Litecoin becomes more popular and grows, there will be more exchange support, more payment processors, and then more merchants. Once we have merchant support, the LTC price will no longer be just controlled by speculation. This might take a couple years or so." "To be clear, I'm not saying it will take 2 years for exchanges or payment processors to start supporting Litecoin. It's just that it will take at least a year before we have enough merchants accepting Litecoin to make the price not just speculative." While BTC is gaining a nice few % it's kinda a unique opportunity to snaffle up some more LTC at a good price imo before all the above starts kicking in, plenty of upside & as someone else said a good way to look at LTC is like a .net to BTC's being the .com which for generic names, ie pizza.com the .net are mostly valued at 1/10 of the price.
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EskimoBob
Legendary
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Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
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October 15, 2013, 09:16:55 PM |
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Cheers!  But why is it getting hammered so hard? |
While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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Otoh
Donator
Legendary
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Activity: 3024
Merit: 1105
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October 15, 2013, 10:01:09 PM |
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I guess ppl are very short term focused, just like if/when it starts to shoot up they will all pile in too, the best buys that I've made have been betting against the crowd mind, like buying btc under $2 after it fell from $32 & ppl thinking it was all over, these are the best opportunities one may come across in one's lifetime imo, I've bought ltc every day the last week, just buying & hold, np.
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sacko
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October 16, 2013, 10:36:03 AM |
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I guess ppl are very short term focused, just like if/when it starts to shoot up they will all pile in too, the best buys that I've made have been betting against the crowd mind, like buying btc under $2 after it fell from $32 & ppl thinking it was all over, these are the best opportunities one may come across in one's lifetime imo, I've bought ltc every day the last week, just buying & hold, np.
Wise strategy |
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Chief Satangkai
Newbie
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Activity: 54
Merit: 0
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October 16, 2013, 10:44:11 AM |
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Buy and hold and see what happens when BTC corrects itself some time in late October. The chikun will rise again... |
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Carra23
Legendary
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Activity: 980
Merit: 1000
Need a campaign manager? PM me
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October 16, 2013, 10:45:32 AM |
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Buy and hold and see what happens when BTC corrects itself some time in late October. The chikun will rise again... It will certainly rise from its present value, but it has been on a steady decline since September. |
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Valerian77
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October 16, 2013, 12:02:04 PM |
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Buy and hold and see what happens when BTC corrects itself some time in late October. The chikun will rise again... It will certainly rise from its present value, but it has been on a steady decline since September. There may be some doubt on the the BTC correction in October. |
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hulk
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October 16, 2013, 01:39:36 PM |
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Come'on, what is happening to LTC? its been dropping everyday.... time for me to shut down if it hit $1.7.
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EskimoBob
Legendary
Offline
Activity: 910
Merit: 1000
Quality Printing Services by Federal Reserve Bank
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October 16, 2013, 03:28:42 PM |
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I am talking about LTC:fiat exchange rate.  This is depressing.  |
While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
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braytz
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October 16, 2013, 04:06:04 PM |
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Cheers! But why is it getting hammered so hard? BTC to da moon. |
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Valerian77
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October 16, 2013, 09:47:45 PM |
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Come'on, what is happening to LTC? its been dropping everyday.... time for me to shut down if it hit $1.7.
LTC is a complete different story compared to BTC. As long as BTC rises in value LTC might not have a chance to develop. But as soon as BTC deflation slows down LTC may be expected to rise until its value is in balance with Bitcoin. Think that technically LTC and BTC is nearly the same. And the liquidity of BTC will not be enough to cover the market demand. But implementation of LTC into services is comparible easy to BTC - no barrier. |
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ZetaOS
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October 17, 2013, 12:21:17 AM |
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Is litecoin dead?
should is sell?
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ZetaOS
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October 17, 2013, 12:55:58 PM |
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Is litecoin dead?
should is sell?
Not dying, but you're too late to sell it. Well, waiting intill its $0,- ?? Or hope its getting up... |
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Mjbmonetarymetals
Legendary
Offline
Activity: 1096
Merit: 1067
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October 30, 2013, 10:10:52 PM |
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Is litecoin dead? Dead? No, not really. But it's now Just Another Altcoin. should is sell? Too late. I wouldn't call Litecoin simply just another altcoin - ok bitcoins the daddy but there's room in this big old world for more than one crypto currency success story so ruling litecoin out is very much short sighted. There's plenty of scope for anyone to make a big splash in litecoin at this time. I believe all the main exchanges will integrate LTC over the next 6-12 months I see btc advancing to $400+ with litecoin reaching $10-20 during 2015. |
Bitrated user: Mick.
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