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Author Topic: Litecoin is officially dead  (Read 290681 times)
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April 04, 2017, 02:14:37 PM
 #2221

Innosilicon still have A4 in stock I believe (dwindling stock no doubt). That's about it outside of Alibaba A4/L3. This time I'll hold my LTC and not sell at $1 before rally to $50 Smiley

SegWit activation signaling just passed 65%. Only 10% left and the rocket boosters will fire this Chickun to outer space!

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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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April 04, 2017, 02:20:48 PM
 #2222

Chickn is pretty much alive and should be testing historical highs soon...
It will also set precedent and show use cases of Segwit so users can finally understand what are the improvements to BTC with it.
Exciting times ahead
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April 05, 2017, 03:29:01 AM
 #2223

This.

Regardless of Litecoin's future, it's playing an important role right now demonstrating the way forward by adopting SegWit. It only has 10% more to go at the time of this writing.

Personally I think that Litecoin has a future in it's own right as well. But only time will tell...

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April 05, 2017, 06:04:03 AM
 #2224

We are now 113 pages into this thread. I want to officially declare that Litecoin is not dead.


heh.....who's the OP on this thread...maybe we can bribe him with 'dead coin' LTC to change the name of the thread Smiley


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April 05, 2017, 06:16:11 AM
 #2225

Litecoin is officially dead, and a man is selling his house to buy litecoins, someone is crazy here.
https://bitcointalk.org/index.php?topic=1854113.0
Looks there is something coming for litecoin, now its on 0.007 btc now, I think I will buy some just in case, I missed some good trains in past months, I wouldn`t like to miss this also.

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April 05, 2017, 08:26:56 AM
 #2226

Always interesting when people annouce the death of a coin and soon after its value just doubles.

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April 05, 2017, 12:08:17 PM
 #2227

Always interesting when people annouce the death of a coin and soon after its value just doubles.
lol this topic was opened like 3 years ago.
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April 05, 2017, 01:06:19 PM
 #2228

Lol. litecoin is now rocketing to the moon for first time in 2 years!! Yay hope it will stay there
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April 05, 2017, 02:36:34 PM
 #2229

Litecoin is officially dead, and a man is selling his house to buy litecoins, someone is crazy here.
https://bitcointalk.org/index.php?topic=1854113.0
Looks there is something coming for litecoin, now its on 0.007 btc now, I think I will buy some just in case, I missed some good trains in past months, I wouldn`t like to miss this also.

This thread is proof that no-one can predict the future!
almost 3 years on and LTC is most certainly not dead instead it was just simmering !!

R


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April 05, 2017, 03:05:06 PM
 #2230

Just invested in LTC. Bubbling nicely and expecting a breakout for sure. Segwit support increasing so could explode faster than in 2014
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April 05, 2017, 05:28:04 PM
 #2231

Always interesting when people annouce the death of a coin and soon after its value just doubles.
lol this topic was opened like 3 years ago.
yes when most people thought there will be no more pump for this coin and stuck for very long time but indeed there is no person could predict the exact situations for the particular coin because when it predicted will became an dead coin but LTC has able to recover the price and increasing price also was pretty good
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April 05, 2017, 06:16:07 PM
 #2232

The price of Litecoin is doing it's thing, nothing special to see here. I am not getting why people are that surprised that the price went up to $8+.
I thought that people liked chikuns?

 
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April 05, 2017, 06:26:50 PM
 #2233

The price of Litecoin is doing it's thing, nothing special to see here. I am not getting why people are that surprised that the price went up to $8+.
I thought that people liked chikuns?

what's interesting is that it is relatively huge yet was the coin that flatly refused to pump while all the junk out there was going crazy.
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April 05, 2017, 07:39:33 PM
 #2234

HOLY FUCKSHIT!!!!!  It's blasting up!!!  I gotta get in on this!  I have hundreds of dollars in my Gemini account, I got to leave work early, get home, revive my old account on a LTC exchange, buy BTC, transfer BTC, trade for LTC, and hope the price goes way up!!! I got to PROFIT from this!

Dammit dammit dammit, WHY, OH WHY didn't I think to buy LTC a week and a half ago?!?!?!?!?!



Because it had been dead as F for 2 years, that's why.........
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April 05, 2017, 07:43:59 PM
 #2235

HOLY FUCKSHIT!!!!!  It's blasting up!!!  I gotta get in on this!  I have hundreds of dollars in my Gemini account, I got to leave work early, get home, revive my old account on a LTC exchange, buy BTC, transfer BTC, trade for LTC, and hope the price goes way up!!! I got to PROFIT from this!

Dammit dammit dammit, WHY, OH WHY didn't I think to buy LTC a week and a half ago?!?!?!?!?!



Because it had been dead as F for 2 years, that's why.........


It should have stayed dead...
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April 05, 2017, 10:27:48 PM
 #2236

There has always been faith and trust in litecoin. One has to look beyond the noise created by fudsters and shills. Ltc deserves its place in the sun. I hope it settles at 0.10 btc and stays there. Teach all those scammy ico coins a thing about fairness and transparency.

" If you have to spam and shout to justify your existence then you are a shit coin."  TaunSew
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April 05, 2017, 10:37:08 PM
 #2237

Welcome back LTC. The illness of your mother makes you shine.

Hottest Coins: Decred, ZCoin, Waves
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April 05, 2017, 10:41:36 PM
Last edit: April 06, 2017, 07:41:45 PM by shyliar
 #2238

Here's an updated list of reasons I like Litecoin:


  • Capable of four times as many transactions as Bitcoin in a ten minute period. Frankly if payment processors had adopted Litecoin in the past year current Bitcoin block discussions would be irrelevant (and likely the price of both coins higher). Anyone who has watched these discussions understands the immediate advantage of a network with larger transactional capability.  
  • Faster confirmation times. The only people who don't think this is important have never spent a single coin or they have patience that the average person does not possess.
  • Blocks are not full.
  • The faster block time of litecoin reduces the risk of double spending attacks.
  • Anti-spam.
  • Fast well established network. Current Hashrate is 2,700 GH/s. Since scrypt is memory intensive it is known to be approximately 1000 times slower hardware wise in comparison to SHA256. Fair comparison to the Bitcoin network requires multiplying that hashrate by 1000 (2,700TH/s). The fact is for most of Litecoins history the hashrate has been relatively high and secure. Those comparing it to the Bitcoin network without considering this 1k factor are either being disingenuous or just ignorant of the facts.
  • Continuous development look here at number of releases in past year: https://github.com/litecoin-project/litecoin/releases
  • Upcoming new features and active development.
  • Longevity. Many coins have temporarily eclipsed litecoin as they were marketed for the purpose of increasing the fiat accounts of a small group and emptying the accounts of new users. Unfortunately this has been detrimental to crypto-space in general.
  • Great community. Definitly helps when consensus is needed.
  • Unlike bitcoin, it is possible to make changes to litecoin.
  • Fully supported by GoCoin a growing merchant payment processor used by thousands of merchants https://www.gocoin.com/ as well as other processors such as coinpayments, Asmoney, Alfacoins and Coinify
  • Liquidity. You can sell thousands and not crash the market. Maintains value. Look at the chart here indicating volume in the last 24 hours relative to other coins http://coinmarketcap.com/currencies/litecoin/#markets in fact volume has remained high month after month for years.
  • The speed, liquidity and value of Litecoin is useful to traders seeking arbitrage opportunities between exchanges.
  • Now on GDAX soon to be on coinbase.
  • Planned anonymity features for an upcoming release. https://www.reddit.com/r/litecoin/comments/53c0v6/confidential_transaction_for_litecoin/
  • Fair release. In a crypto world of premined and ICO releases many appreciate this fact. The code was released well before the Genesis block was mined and everyone knew when it would be going live; therefore, individuals could anticipate and get their miners and software ready.
  • It's primary function is to be a cryptocurrency.
  • Still mineable in many western countries even after electrical costs are factored in. Here in Canada my Titans still make a profit long after shutting my Neptunes down.
  • Many low value coins can be merge mined with it increasing profits for miners
  • It will always maintain the integrity of the blockchain (no hard forks for special interests).
  • Likely the first major coin to activate segwit on it's network.
  • The possibility of utilizing sidechains for smart contracts without the possibility of corrupting the original non-turing complete blockchain.
  • Potential of using the Lightning Network as a method of increasing transactional capacity.
  • Possible block size increase if it's needed.
  • Security.
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April 06, 2017, 12:20:28 AM
 #2239

OKAY!  Here it officially is.  I have decided to "paper trade" some Litecoin.  I will buy some at the current price, and over the next few days, see if it was a smart or dumb choice to put or not put real money on it.

Current price on BTC-e is $11.95 USD.  I have $700 to work with.  Note the time of this post.

So $700 / $11.95 = 58.57 LTC.

I now own 58.57 LTC with a value of $700 USD.  For pretend, that is.

I'll either be happy that I didn't spend real money, or I'll be pissed that I didn't spend real money.

We shall see.........
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April 06, 2017, 12:21:45 AM
 #2240

We shall see.........

long term i think it's in the bag. short term, i ain't so sure. the pumpers love a story to hang a pump on and this is the best in years.
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