Litecoin is officially dead

[Searing]

sorry no hope, price this coin always drop

well I'm mining it at like 80c to the current price of 2.76 or some such....so kinda stuck in the honey trap for now (if it is a trap that is) but I am always aware that you could
be correct...don't know where I'm going but 'damn' I sure am making good time

confusion the status quo of crypto

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[Mr-twister]

Once upon a time the LTC was good a coin, but now 80% of coins in the hands of the money bags from the stock exchange btc-e, they are just waiting for that moment to throw their coins with the price increases. It is enough to carefully read the Russian chat.

[Nxtblg]

Just wait, if Greece will get capital controls the price of BTC and LTC will skyrock as in late 2013.

whta is a "capital controls"? you mean like, if they make a deal with eu, the state will begin to control founds of population more harshly? e. g. bank accounts seizures or something?

"Capital controls" are legal prohibitions on sending money out of a country. Back in tha dark ages of the modern age, they were used fairly frequently: for example, the U.K. forbade any U.K. citizen from taking out more than 50 pounds sterling out of the U.K. 'way back when. They're all-but-gone now, but they might be making a comeback due to the Euromess.

[M28MmickT]

I made 7k usd on ltc in the last 10 days. It surely is not dead or even close to it.

[XinXan]

Once upon a time the LTC was good a coin, but now 80% of coins in the hands of the money bags from the stock exchange btc-e, they are just waiting for that moment to throw their coins with the price increases. It is enough to carefully read the Russian chat.

Are you talking about the trollbox on btc-e? I wouldnt listen to anything that is said there.

Litecoin was a good coin and it still is, the price dropped so what? The same happened to bitcoins and actually theres more people active in the bitcoin community now than it was when the price was around 1k

Unless it completely dies people would still use bitcoins and a few altcoins that are somewhat stable

[Spoetnik]

I made 7k usd on ltc in the last 10 days. It surely is not dead or even close to it.

and how exactly do you do that ?

flipping / "shorting" <-- I hate that term LOL

and what did you use ? 150 grand in BTC ?

your claims smell fishy hahaha

I made far less than that when it exploded when it went on the LTC devs brothers Chinese exchange couple years ago..
I call bullshit 

[Bitcoininspace]

is it now? seems to have doubled in price recently.

[NattyLiteCoin]

I made 7k usd on ltc in the last 10 days. It surely is not dead or even close to it.

and how exactly do you do that ?

flipping / "shorting" <-- I hate that term LOL

and what did you use ? 150 grand in BTC ?

your claims smell fishy hahaha

I made far less than that when it exploded when it went on the LTC devs brothers Chinese exchange couple years ago..
I call bullshit  

Or we can point out that $7k is a significant milestone. WAY more valuable than 2333 LTC (sarcasm)

[pooya87]

I made 7k usd on ltc in the last 10 days. It surely is not dead or even close to it.

the fact that we made a lot of profit from recent litecoin rises doesn't mean that it is not dead.
i am not saying it is or it is not. i just want to point out that a pump is not the sign of life!

[eyeknock]

is it now? seems to have doubled in price recently.

haha where is all those bears now?

nah litecoin is by far a dead coin, as you sayd, have doubled in price recently and this like this pump+dump will happend always

and not only with litecoin...

[manfred]

At current price almost $ 100,000.00  USD is invested every single day, most coins not even manage this amount of trade volume.

[XinXan]

I made 7k usd on ltc in the last 10 days. It surely is not dead or even close to it.

the fact that we made a lot of profit from recent litecoin rises doesn't mean that it is not dead.
i am not saying it is or it is not. i just want to point out that a pump is not the sign of life!

Well it is tho, litecoin has no real use in the world, yeah you may be able to buy some stuff somewhere and you may be able to use it for gambling but othet than that? People buy it to profit so the price definitely says a lot.

[CoinBateman]

I made 7k usd on ltc in the last 10 days. It surely is not dead or even close to it.

the fact that we made a lot of profit from recent litecoin rises doesn't mean that it is not dead.
i am not saying it is or it is not. i just want to point out that a pump is not the sign of life!

Well it is tho, litecoin has no real use in the world, yeah you may be able to buy some stuff somewhere and you may be able to use it for gambling but othet than that? People buy it to profit so the price definitely says a lot.

If BTC wants to behave like a currency, there is no reason for the price to be so mis-matched to other currencies. To a guy who's own market capitulation is greater than the whole of BTC, they are not going to see BTC as having any real use in the world either. It all depends on the perspective of the individual.

[tampazeus]

LTC is far from dead. I'm sure the OP is in a hole somewhere crying asking why he sold all his at $1.50

[jt byte]

wow LTC jumped bigtime overnight, what's the go with that?

[azguard]

wow LTC jumped bigtime overnight, what's the go with that?

chikun arising to break $10 by august. nothing unusual.

It is nice to see ltc to rise maybe it will follow btc last 2013 that was good year.

[TheMage]

Perhaps changing the title to "Litecoin is officially alive" would be more appropriate  .


In all seriousness, I know a lot of people are buzzing about the price jumping up. But the real value of any crypto currency is the utilization for merchants, not a price flux that makes day traders rich. Good news is that Litecoin still has more merchant usage and acceptance behind Bitcoin (ok ok I know, there is a still a significant distance between the two, but at the same token there is still the same distance between Litecoin and other cryptos in terms of merchant adoption).


Now if we can only convince people to use it instead of holding to cash out in brighter days! Of course, thats one of the major hurdles with all of crypto's now, BTC included  .

[jubalix]

well this thread is sorta getting embarrassing for OP.

[tampazeus]

Perhaps changing the title to "Litecoin is officially alive" would be more appropriate  .


In all seriousness, I know a lot of people are buzzing about the price jumping up. But the real value of any crypto currency is the utilization for merchants, not a price flux that makes day traders rich. Good news is that Litecoin still has more merchant usage and acceptance behind Bitcoin (ok ok I know, there is a still a significant distance between the two, but at the same token there is still the same distance between Litecoin and other cryptos in terms of merchant adoption).


Now if we can only convince people to use it instead of holding to cash out in brighter days! Of course, thats one of the major hurdles with all of crypto's now, BTC included  .

You can say that again. But is it only a pump and dump?
 

We don't know yet but I love ltc again.

[theorcaguy]

If anything will come close to BTC's success it's probably Litecoin, market value is rising really quickly.