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Author Topic: [ANN] Litecoin - a lite version of Bitcoin. Launched!  (Read 1467214 times)
thevictimofuktyranny
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February 12, 2015, 03:11:14 PM
Last edit: February 12, 2015, 04:22:44 PM by thevictimofuktyranny
 #2601

That's all you get on this thread about Litecoin until summer arrives Lips sealed

We never get much news.... so true...

I actually thought this coin had died already and only bagholders were left keeping it on number 3.

Hmm,

A coin is only dead, when this condition is filled:

When no more investments are made into producing more of it e.g. the item is no longer desirable or it is inherently foolish in making more of it Shocked

Litecoin has 95% of scrypt algorithm mining investments. Therefore, everyone wants to make more Litecoins and people want to collect more Litecoins Grin

In terms of price speculation, as an Economic Coin get's older (more accurately, more coins exist) it become more difficult to fictitiously pump up the price and dump it afterwards leaving Newbie Investors as net losers in swaps/trades  Shocked

This is to say: an economic coin becomes resistant to "major speculators" using baloney and bulsh*t to push up the price  Tongue Only new alts allow this, with their ultra low quantities of coins and low valuations.

In Fiat Currency Sector, major speculators have resorted to market rigging and debt vehicles to overcome this decline in their opportunities to fleece the Newbie Investor. You can't do this with crypto currencies, because their is no debt system and lot's people are investing for the Long Term.

Upwards movements in price become (over time) pegged to important events or changes in the fundamentals prarameters or new productive outcomes  Lips sealed

Litecoin is perfectly alive Grin
dukeneptun
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February 12, 2015, 03:20:29 PM
 #2602

Litecoin is not dead at all.

It has 2x more Volume than Ripple. (by the way Ripple is 10x bigger in total marketcap.....Ripple is dead)
traderman
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February 12, 2015, 04:42:35 PM
 #2603

Litecoin will be the second crypto to be mass adopted after Bitcoin, that is why people are accumulating.
Wekkel
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February 12, 2015, 05:11:37 PM
 #2604

Litecoin will be the second crypto to be mass adopted after Bitcoin, that is why people are accumulating.

And Peercoin. Alts have more risk but also better reward.

bitcool
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February 12, 2015, 05:19:46 PM
 #2605

How can people say it's dead when many alt markets are using LTC to price other coins, along side BTC and USD.
dewdeded
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February 12, 2015, 06:31:36 PM
 #2606

Looks like, acounts traderman, Wekkel & bitcool were hacked or bought, to pump Litecoin.

Pretty sad.
traderman
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February 12, 2015, 06:53:50 PM
 #2607

hahahah very funny!

Looks like, acounts traderman, Wekkel & bitcool were hacked or bought, to pump Litecoin.

Pretty sad.

Furio
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February 13, 2015, 06:04:01 AM
 #2608

Litecoin will be the second crypto to be mass adopted after Bitcoin, that is why people are accumulating.

And Peercoin. Alts have more risk but also better reward.

The first crypto hasn't even been massadopted, do peeps even know what MASS adoption means?

Wekkel
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February 13, 2015, 06:36:24 AM
 #2609

Some people refuse to see the future even when it stares at them right in their faces. No problem, you won't be part of the adventure then.

thevictimofuktyranny
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February 13, 2015, 02:15:10 PM
 #2610

Litecoin will be the second crypto to be mass adopted after Bitcoin, that is why people are accumulating.

And Peercoin. Alts have more risk but also better reward.

The first crypto hasn't even been massadopted, do peeps even know what MASS adoption means?

Yes,

But, computers needed 25 plus years before they achieved mass adoption amongst those who had electricity and the wealth to own one Roll Eyes
TheMage
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February 14, 2015, 04:36:53 PM
 #2611

That's all you get on this thread about Litecoin until summer arrives Lips sealed

We never get much news.... so true...


Thats because the news is on litecointalk or /r/litecoin. Here is the latest in case you were curious http://bitcoinist.net/litecoin-association-appoints-new-development-team-director/

Follow me on twitter https://twitter.com/TheRealMage for Litecoin and Litecoin Association news!
Nthused
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February 17, 2015, 02:33:42 PM
 #2612

I've just come across this news.

Critical update Litecoin v0.8.7.5 fixes compatibility with newer versions of openssl.

https://litecoin.org
Equate
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February 17, 2015, 02:58:25 PM
 #2613

Not dead as long as the network is running but I believe it will go under $1 in 2016.

If Bitcoin continues to keep on struggling then difficult times lie ahead for Litecoin.
TheMage
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February 18, 2015, 12:56:38 AM
 #2614

Not dead as long as the network is running but I believe it will go under $1 in 2016.

If Bitcoin continues to keep on struggling then difficult times lie ahead for Litecoin.


Yea unfortunately its really a double edged sword being the natural trading partner for BTC. We are anchored to BTC's price for better or worse.

Follow me on twitter https://twitter.com/TheRealMage for Litecoin and Litecoin Association news!
RD965
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February 18, 2015, 09:56:07 AM
 #2615

Not dead as long as the network is running but I believe it will go under $1 in 2016.

Dude we just started 2015
arieq
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February 18, 2015, 10:09:35 AM
 #2616

looks like ltc/btc is about to dump right into my buys again. They just keep dropping cheap litecoins into my hands lol

Furio
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February 18, 2015, 11:28:33 AM
 #2617

looks like ltc/btc is about to dump right into my buys again. They just keep dropping cheap litecoins into my hands lol

Which exchange do you trade?

electronicfactura
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February 18, 2015, 11:37:37 AM
 #2618

Ltc is in good position to buy as sooner it will bounce back and can give us good profit in trading. Ltc deserve more high value as this has huge investment.
RD965
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February 18, 2015, 04:24:27 PM
 #2619

Just got the last wallet version and its not syncing, I get the typical warning and nodes or I need to upgrade

Anybody else?

Do I have to redownload the blockchain for sure?
MyFreeClams
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February 18, 2015, 06:33:25 PM
 #2620

Hi,

We have had a Litecoin faucet running for the last couple weeks. @MyFreeClams

http://www.myfreeclams.com
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